Net Income Per Unit (Tables)

12 Months Ended

Dec. 31, 2011

Net (loss) income per AllianceBernstein Unit:

Earnings Per Unit, Basic and Diluted

Diluted net (loss) income per unit is derived by reducing net (loss) income for the 1% general partnership interest and dividing the remaining 99% by the total of the basic weighted average number of units outstanding and the dilutive unit equivalents resulting from outstanding compensatory options to buy Holding Units as follows:

	Years Ended December 31,
	2011			2010		2009
	(in thousands, except per unit amounts)
Net (loss) income attributable to AllianceBernstein Unitholders	$	(174,768	)	$	442,419	$	556,127
Weighted average units outstanding-basic		278,018			275,415		266,300
Dilutive effect of compensatory options to buy Holding Units		-			1,639		244
Weighted average units outstanding-diluted		278,018			277,054		266,544
Basic net (loss) income per AllianceBernstein Unit	$	(0.62	)	$	1.59	$	2.07
Diluted net (loss) income per AllianceBernstein Unit	$	(0.62	)	$	1.58	$	2.07