XML 23 R12.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Net Income per Unit
 3 Months Ended
Mar. 31, 2024
Earnings Per Unit [Abstract]  
Net Income per Unit Net Income per Unit
Basic net income per unit is derived by reducing net income for the 1.0% general partnership interest and dividing the remaining 99.0% by the basic weighted average number of limited partnership units outstanding for each period. Diluted net income per unit is derived by reducing net income for the 1.0% general partnership interest and dividing the remaining 99.0% by the total of the diluted weighted average number of limited partnership units outstanding for each period.
 Three Months Ended March 31,
 20242023
(in thousands, except per unit amounts)
Net income attributable to AB Unitholders$217,927 $194,151 
Weighted average limited partnership units outstanding – basic286,876 285,726 
Weighted average limited partnership units outstanding – diluted286,876 285,726 
Basic net income per AB Unit$0.75 $0.67 
Diluted net income per AB Unit$0.75 $0.67 
There were no anti-dilutive options excluded from diluted net income in the three months ended March 31, 2024 or 2023.