Earnings Per Share Attributable to Federated Investors, Inc. Shareholders (Tables)

12 Months Ended

Dec. 31, 2013

Earnings Per Share [Abstract]

Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share using the two-class method for amounts attributable to Federated Investors, Inc. for the years ended December 31:

in thousands, except per share data	2013			2012			2011
Numerator – Basic
Net income attributable to Federated Investors, Inc.	$	162,177		$	188,088		$	150,906
Less: Total income available to participating unvested restricted shareholders1	(6,065		)	(8,400		)	(4,922		)
Total net income attributable to Federated Common Stock2	$	156,112		$	179,688		$	145,984
Numerator – Diluted
Net income attributable to Federated Investors, Inc.	$	162,177		$	188,088		$	150,906
Less: Total income available to participating unvested restricted shareholders1	(6,065		)	(8,400		)	(4,921		)
Total net income attributable to Federated Common Stock2	$	156,112		$	179,688		$	145,985
Denominator
Basic weighted-average common shares outstanding	100,668			100,313			100,609
Dilutive potential shares from stock options	1			0			23
Diluted weighted-average common shares outstanding	100,669			100,313			100,632
Earnings per share
Net income attributable to Federated Common Stock - Basic and Diluted2	$	1.55		$	1.79		$	1.45

1 Income available to participating unvested restricted shareholders includes dividends paid on unvested restricted shares and their proportionate share of undistributed earnings.

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.