Supplementary Quarterly Financial Data (Tables)

12 Months Ended

Dec. 31, 2013

Quarterly Financial Information Disclosure [Abstract]

Schedule of Quarterly Financial Information [Table Text Block]

in thousands, except per share data, for the quarters ended	March 31,			June 30,			September 30,			December 31,
2013
Revenue	$	227,972		$	223,806		$	211,866		$	214,722
Operating income	68,199			66,028			57,758			59,758
Net income including noncontrolling interest in subsidiaries1	44,688			41,861			37,629			42,176
Amounts attributable to Federated Investors, Inc.
Net income1	42,994			40,408			37,704			41,071
Earnings per share – Basic and Diluted1	0.41			0.39			0.36			0.39
Cash dividends per share	0.24			0.24			0.25			0.25
Stock price per share2
High	25.32			29.08			30.87			28.98
Low	20.68			21.92			26.71			25.50
Impact of Minimum Yield Waivers
Revenue	(87,342		)	(91,946		)	(105,081		)	(104,661		)
Less: Reduction in Distribution expense	64,751			66,938			72,140			73,338
Operating income	(22,591		)	(25,008		)	(32,941		)	(31,323		)
Less: Reduction in Noncontrolling interest	844			1,267			2,665			2,024
Pre-tax impact	(21,747		)	(23,741		)	(30,276		)	(29,299		)
2012
Revenue	$	230,281		$	232,132		$	238,468		$	244,824
Operating income3	70,347			69,020			90,033			83,192
Net income including noncontrolling interest in subsidiaries1, 3	44,407			43,073			58,193			51,956
Amounts attributable to Federated Investors, Inc.
Net income1, 3	42,325			40,410			55,773			49,581
Earnings per share – Basic and Diluted1, 3, 4	0.41			0.39			0.54			0.44
Cash dividends per share4	0.24			0.24			0.24			1.75
Stock price per share2
High	23.89			23.23			22.31			23.48
Low	15.45			18.54			19.32			18.28
Impact of Minimum Yield Waivers
Revenue	(80,468		)	(70,254		)	(69,495		)	(70,748		)
Less: Reduction in Distribution expense	57,547			53,080			52,934			54,918
Operating income	(22,921		)	(17,174		)	(16,561		)	(15,830		)
Less: Reduction in Noncontrolling interest	618			(5		)	298			331
Pre-tax impact	(22,303		)	(17,179		)	(16,263		)	(15,499		)

1 Federated recorded impairment charges of $3.1 million and $0.6 million related to an equity-method investment in the third and fourth quarters of 2013, respectively, as well as an impairment charge of $3.0 million in the fourth quarter of 2012. See Note (5) for additional information.

2 Federated’s Class B common stock is traded on the New York Stock Exchange under the symbol FII.

3 For the quarters ended September 30, 2012 and December 31, 2012, Federated recorded pretax insurance recoveries totaling $17.3 million and $3.0 million, respectively, for claims submitted over the past several years related to various legal proceedings. See Note (9) for additional information.

4 For the quarter ended December 31, 2012, Federated paid $1.51 per share as a special cash dividend and a $0.24 per share regular dividend. All dividends are considered ordinary dividends for tax purposes. The special dividend negatively impacted fourth quarter 2012 basic and diluted earnings per share by $0.04 per share.