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Earnings (Loss) Per Share
9 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
Earnings (Loss) Per Share Earnings (Loss) Per Share
Earnings (loss) per share ("EPS") is calculated in accordance with ASC 260, Earnings per Share. Basic EPS is computed by dividing net income (loss) attributable to Virtus Investment Partners, Inc. by the weighted-average number of common shares outstanding for the period, excluding dilution for potential common stock issuances. Diluted EPS reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock, including shares issuable upon the vesting of RSUs and stock option exercises using the treasury stock method, as determined under the if-converted method.
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)2025202420252024
Net Income (Loss)$31,341 $49,104 $102,136 $112,993 
Noncontrolling interests585 (8,124)810 (24,541)
Net Income (Loss) Attributable to Virtus Investment Partners, Inc.$31,926 $40,980 $102,946 $88,452 
Shares:
Basic: Weighted-average number of shares outstanding6,757 7,071 6,854 7,105 
Plus: Incremental shares from assumed conversion of dilutive instruments110 105 99 129 
Diluted: Weighted-average number of shares outstanding6,867 7,176 6,953 7,234 
Earnings (Loss) per Share—Basic$4.73 $5.80 $15.02 $12.45 
Earnings (Loss) per Share—Diluted$4.65 $5.71 $14.81 $12.23 
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)2025202420252024
Restricted stock units12 26— 
Total anti-dilutive securities2 12 26