XML 50 R24.htm IDEA: XBRL DOCUMENT v3.6.0.2
Quarterly Financial Data (Unaudited) (Tables)
 12 Months Ended
Dec. 31, 2016
Quarterly Financial Data [Abstract]  
Quarterly Financial Data
 
Quarters Ended 2016
 
December 31
 
September 30
 
June 30(4)
 
March 31(4)
 
(in thousands, except per unit amounts)
Equity in net income attributable to AB Unitholders
$
78,630

 
$
55,925

 
$
44,657

 
$
60,177

Net income
$
72,664

 
$
50,258

 
$
39,072

 
$
54,592

Basic net income per unit(1)
$
0.77

 
$
0.52

 
$
0.40

 
$
0.55

Diluted net income per unit(1)
$
0.77

 
$
0.52

 
$
0.40

 
$
0.55

Cash distributions per unit(2)(3)
$
0.67

 
$
0.45

 
$
0.40

 
$
0.40

 
 
 
 
 
 
 
 
 
Quarters Ended 2015
 
December 31(4)
 
September 30(4)
 
June 30(4)
 
March 31(4)
 
(in thousands, except per unit amounts)
Equity in net income attributable to AB Unitholders
$
56,890

 
$
48,387

 
$
53,799

 
$
51,008

Net income
$
51,087

 
$
42,086

 
$
47,614

 
$
44,977

Basic net income per unit(1)
$
0.53

 
$
0.42

 
$
0.47

 
$
0.45

Diluted net income per unit(1)
$
0.52

 
$
0.42

 
$
0.47

 
$
0.45

Cash distributions per unit(2)(3)
$
0.50

 
$
0.43

 
$
0.48

 
$
0.45

________________________
(1)
Basic and diluted net income per unit are computed independently for each of the periods presented. Accordingly, the sum of the quarterly net income per unit amounts may not agree to the total for the year.
(2)
Declared and paid during the following quarter.
(3)
Cash distributions reflect the impact of AB’s non-GAAP adjustments.
(4)
Certain prior-period amounts have been revised, see Note 2 for a discussion of the revision.