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Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Revenue      
Investment advisory fees, net—affiliates $ 486,798 $ 560,978 $ 524,779
Investment advisory fees, net—other 84,154 69,856 61,561
Administrative service fees, net—affiliates 222,487 225,529 220,356
Other service fees, net—affiliates 66,998 74,103 73,343
Other service fees, net—other 12,610 11,799 12,042
Other, net 5,318 3,441 3,033
Total revenue 878,365 945,706 895,114
Operating Expenses      
Compensation and related 269,138 257,622 245,439
Distribution 212,901 253,445 235,670
Professional service fees 37,082 18,925 53,737
Office and occupancy 26,301 24,828 24,689
Systems and communications 25,801 25,716 22,971
Advertising and promotional 15,094 13,413 13,413
Travel and related 13,671 12,838 12,174
Intangible asset related 1,597 2,593 7,915
Other 25,037 23,733 21,651
Total operating expenses 626,622 633,113 637,659
Operating income 251,743 312,593 257,455
Nonoperating Income (Expenses)      
Investment income, net 6,590 6,756 4,827
Gain on securities, net 16,986 [1] 6,911 [1] 1,432 [1]
Debt expense (12,464) (14,441) (17,047)
Other, net (3,840) (3,308) (296)
Total nonoperating income (expenses), net 7,272 (4,082) (11,084)
Income before income taxes 259,015 308,511 246,371
Income tax provision 92,660 110,883 91,288
Net income including noncontrolling interests in subsidiaries 166,355 197,628 155,083
Less: Net income attributable to the noncontrolling interests in subsidiaries 4,178 9,540 4,177
Net income $ 162,177 $ 188,088 $ 150,906
Amounts attributable to Federated Investors, Inc.      
Earnings Per Share, Basic and Diluted $ 1.55 [2] $ 1.79 [2] $ 1.45 [2]
Cash dividends per share $ 0.98 $ 2.47 $ 0.96
[1] Amounts related to consolidated investment companies totaled $2.6 million, $2.0 million and $(1.2) million for 2013, 2012 and 2011, respectively.
[2] Federated Common Stock excludes unvested restricted stock which are deemed participating securities in accordance with the two-class method of computing earnings per share.