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

6 Months Ended

Jun. 30, 2019

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 for:

	Three Months Ended						Six Months Ended
	June 30,						June 30,
(in thousands, except per share data)	2019			2018			2019			2018
Numerator
Net Income Attributable to Federated Investors, Inc.	$	62,724		$	38,822		$	117,270		$	99,153
Less: Total Net Income Available to Participating Unvested Restricted Shareholders1	(2,404		)	(1,529		)	(4,542		)	(3,907		)
Total Net Income Attributable to Federated Common Stock - Basic	$	60,320		$	37,293		$	112,728		$	95,246
Less: Total Net Income Available to Unvested Restricted Shareholders of a Nonpublic Consolidated Subsidiary	(166		)	0			(199		)	0
Total Net Income Attributable to Federated Common Stock - Diluted	$	60,154		$	37,293		$	112,529		$	95,246
Denominator
Basic Weighted-Average Federated Common Stock2	97,330			97,193			97,163			97,191
Dilutive Potential Shares from Stock Options	0			1			0			1
Diluted Weighted-Average Federated Common Stock2	97,330			97,194			97,163			97,192
Earnings Per Share
Net Income Attributable to Federated Common Stock – Basic and Diluted2	$	0.62		$	0.38		$	1.16		$	0.98

1 Includes dividends paid on unvested restricted Federated Class B Common shares and their proportionate share of undistributed earnings attributable to Federated shareholders.

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.