Earnings (Loss) Per Share (Tables)

9 Months Ended

Sep. 30, 2023

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)	2023		2022		2023		2022
Net Income (Loss)	$	38,154	$	27,415	$	102,977	$	80,793
Noncontrolling interests	(7,248)		4,265		(3,190)		1,348
Net Income (Loss) Attributable to Virtus Investment Partners, Inc.	$	30,906	$	31,680	$	99,787	$	82,141
Shares:
Basic: Weighted-average number of shares outstanding	7,258		7,308		7,272		7,434
Plus: Incremental shares from assumed conversion of dilutive instruments	121		155		121		202
Diluted: Weighted-average number of shares outstanding	7,379		7,463		7,393		7,636
Earnings (Loss) per Share—Basic	$	4.26	$	4.33	$	13.72	$	11.05
Earnings (Loss) per Share—Diluted	$	4.19	$	4.25	$	13.50	$	10.76

Schedule of 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)	2023	2022	2023	2022
Restricted stock units	2	31	3	32
Total anti-dilutive securities	2	31	3	32