Earnings (Loss) Per Share (Tables)

9 Months Ended

Sep. 30, 2021

Earnings Per Share [Abstract]

Schedule of Computation of Basic and Diluted Earnings Per Share

The computation of basic and diluted EPS is as follows: 

	Three Months Ended September 30,				Nine Months Ended September 30,
(in thousands, except per share amounts)	2021		2020		2021		2020
Net Income (Loss)	$	72,511	$	40,934	$	200,822	$	58,149
Noncontrolling interests	(13,775)		(11,286)		(42,531)		(21,507)
Net Income (Loss) Attributable to Virtus Investment Partners, Inc.	$	58,736	$	29,648	$	158,291	$	36,642
Shares:
Basic: Weighted-average number of shares outstanding	7,691		7,684		7,688		7,611
Plus: Incremental shares from assumed conversion of dilutive instruments	293		313		340		347
Diluted: Weighted-average number of shares outstanding	7,984		7,997		8,028		7,958
Earnings (Loss) per Share—Basic	$	7.64	$	3.86	$	20.59	$	4.81
Earnings (Loss) per Share—Diluted	$	7.36	$	3.71	$	19.72	$	4.60

Securities Excluded from Computation of Diluted EPS

The following table details the securities that have been excluded from the above computation of weighted-average number of shares for diluted EPS, because the effect would be anti-dilutive.

	Three Months Ended September 30,		Nine Months Ended September 30,
(in thousands)	2021	2020	2021	2020
Restricted stock units and options	5	1	2	—
Total anti-dilutive securities	5	1	2	—