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Artio Global Investors Inc.

SIC 6282 · Investment Advice
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Artio Global Investors Inc.

CIK:0001419178|SEC Filings
v2.4.0.6
Earnings Per Share ("EPS")
 3 Months Ended
Mar. 31, 2013
Earnings Per Share [Abstract]  
Earnings Per Share ("EPS")
Earnings Per Share (“EPS”)

Basic and diluted EPS were calculated using the following:
 
 
Three Months Ended March 31,
(in thousands)
 
2013
 
2012
Net income (loss) attributable to Artio Global Investors – Basic
 
$
(10,742
)
 
$
4,600

Net income attributable to non-controlling interests(a)
 
—

 
—

Income tax related to non-controlling interests(a)
 
—

 
—

Net income (loss) – Diluted
 
$
(10,742
)
 
$
4,600

 
 
 
 
 
Weighted average shares for basic EPS
 
60,350

 
58,193

Dilutive potential shares from grants of RSUs(b)
 
—

 
282

Weighted average shares for diluted EPS
 
60,350

 
58,475


(a)
In April 2012, the Principals each exchanged their remaining 1.2 million New Class A Units for 1.2 million shares of Class A common stock and a corresponding number of shares of Class B common stock were canceled. The potential impact of the exchange of New Class A Units by the Principals, and cancelation of corresponding shares of Class B common stock, for Class A common stock of 1.2 million weighted average shares for the three months ended March 31, 2012, were antidilutive.
(b)
The potential impact of 0.9 million granted RSUs for the three months ended March 31, 2013, and 1.9 million granted RSUs for the three months ended March 31, 2012, was antidilutive.