Segment and Geographic Information

12 Months Ended

Dec. 31, 2018

Segment Reporting [Abstract]

Segment and Geographic Information

Segment and Geographic Information

Federated operates in one operating segment, the investment management business.

Federated's revenues from U.S. and non-U.S. operations were as follows for the years ended December 31:

(in thousands)	2018		2017		2016
U.S.	$	1,005,948	$	1,069,567	$	1,116,136
Non-U.S.1	129,729		33,357		27,235
Total Revenue	$	1,135,677	$	1,102,924	$	1,143,371

1 This represents revenue earned by non-U.S. domiciled subsidiaries, primarily in the UK.

Federated's net property and equipment for U.S. and non-U.S. operations was as follows at December 31:

(in thousands)	2018		2017
U.S.	$	42,666	$	37,328
Non-U.S.1	10,563		342
Property and Equipment, net	$	53,229	$	37,670

1 This represents net property and equipment held by non-U.S. domiciled subsidiaries, primarily in the UK.