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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenue        
Total Revenue $ 321,479 $ 255,993 $ 628,529 $ 519,845
Operating Expenses        
Compensation and Related 107,248 74,147 218,464 152,521
Distribution 82,000 69,446 159,632 141,945
Systems and Communications 12,111 7,751 24,905 16,184
Office and Occupancy 11,066 7,365 22,428 14,906
Professional Service Fees 10,281 9,278 20,767 18,908
Advertising and Promotional 4,697 3,237 8,886 6,465
Travel and Related 4,459 3,523 8,307 6,344
Other 4,677 489 9,311 2,144
Total Operating Expenses 236,539 175,236 472,700 359,417
Operating Income 84,940 80,757 155,829 160,428
Nonoperating Income (Expenses)        
Investment Income 949 2,192 1,979 4,092
Gain (Loss) on Securities, net 577 (815) 2,256 (1,997)
Debt Expense (1,332) (1,431) (2,732) (2,761)
Other, net (832) (28,974) (508) (29,117)
Total Nonoperating Income (Expenses), net (638) (29,028) 995 (29,783)
Income Before Income Taxes 84,302 51,729 156,824 130,645
Income Tax Provision 20,462 13,062 38,373 31,972
Net Income Including the Noncontrolling Interests in Subsidiaries 63,840 38,667 118,451 98,673
Less: Net Income (Loss) Attributable to the Noncontrolling Interests in Subsidiaries 1,116 (155) 1,181 (480)
Net Income $ 62,724 $ 38,822 $ 117,270 $ 99,153
Amounts Attributable to Federated Investors, Inc.        
Earnings Per Common Share—Basic and Diluted (usd per share) $ 0.62 $ 0.38 $ 1.16 $ 0.98
Cash Dividends Per Share (usd per share) $ 0.27 $ 0.27 $ 0.54 $ 0.52
Investment Advisory Fees, net—Affiliates        
Revenue        
Total Revenue $ 166,301 $ 130,531 $ 321,908 $ 265,762
Investment Advisory Fees, net—Other        
Revenue        
Total Revenue 54,368 37,596 109,960 76,631
Administrative Service Fees, net—Affiliates        
Revenue        
Total Revenue 57,968 48,370 112,103 97,393
Other Service Fees, net—Affiliates        
Revenue        
Total Revenue 39,905 39,496 78,515 80,059
Other Service Fees, net—Other        
Revenue        
Total Revenue $ 2,937 $ 0 $ 6,043 $ 0