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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenue        
Total Revenue $ 340,340 $ 308,616 $ 968,869 $ 828,461
Operating Expenses        
Compensation and Related 112,247 103,092 330,712 255,613
Systems and Communications 13,353 12,213 38,258 28,397
Office and Occupancy 10,855 9,332 33,283 24,238
Professional Service Fees 10,678 13,535 31,445 32,443
Advertising and Promotional 4,102 4,502 12,989 10,967
Travel and Related 4,158 4,622 12,465 10,967
Other 7,558 7,269 16,868 9,412
Total Operating Expenses 251,033 226,718 723,733 586,135
Operating Income 89,307 81,898 245,136 242,326
Nonoperating Income (Expenses)        
Investment Income 1,030 938 3,009 5,030
Gain (Loss) on Securities, net (586) 261 1,670 (1,736)
Debt Expense (1,239) (1,602) (3,971) (4,363)
Other, net 8,264 2,240 7,756 (26,877)
Total Nonoperating Income (Expenses), net 7,469 1,837 8,464 (27,946)
Income Before Income Taxes 96,776 83,735 253,600 214,380
Income Tax Provision 23,191 21,741 61,564 53,713
Net Income Including the Noncontrolling Interests in Subsidiaries 73,585 61,994 192,036 160,667
Less: Net Income (Loss) Attributable to the Noncontrolling Interests in Subsidiaries 623 2,386 1,804 1,906
Net Income $ 72,962 $ 59,608 $ 190,232 $ 158,761
Amounts Attributable to Federated Investors, Inc.        
Earnings Per Common Share—Basic and Diluted (usd per share) $ 0.72 $ 0.59 $ 1.88 $ 1.57
Cash Dividends Per Share (usd per share) $ 0.27 $ 0.27 $ 0.81 $ 0.79
Investment Advisory Fees, net—Affiliates        
Revenue        
Total Revenue $ 175,629 $ 159,527 $ 497,538 $ 425,288
Investment Advisory Fees, net—Other        
Revenue        
Total Revenue 56,477 57,509 166,436 134,141
Administrative Service Fees, net—Affiliates        
Revenue        
Total Revenue 64,216 49,855 176,319 147,248
Other Service Fees, net—Affiliates        
Revenue        
Total Revenue 41,124 39,046 119,639 119,105
Other Service Fees, net—Other        
Revenue        
Total Revenue 2,894 2,679 8,937 2,679
Distribution        
Operating Expenses        
Distribution $ 88,082 $ 72,153 $ 247,713 $ 214,098