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Earnings Per Share Attributable to Federated Hermes, Inc. Shareholders (Tables)
 3 Months Ended
Mar. 31, 2020
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 Hermes for:
 
 
Three Months Ended
 
 
March 31,
(in thousands, except per share data)
 
2020

 
2019

Numerator
 
 
 
 
Net Income Attributable to Federated Hermes, Inc.
 
$
64,178

 
$
54,546

Less: Total Net Income Available to Participating Unvested Restricted Shareholders1
 
(2,410
)
 
(2,135
)
Total Net Income Attributable to Federated Hermes Common Stock - Basic
 
$
61,768

 
$
52,411

Less: Total Net Income Available to Unvested Restricted Shareholders of a Nonpublic Consolidated Subsidiary
 
(88
)
 
(33
)
Total Net Income Attributable to Federated Hermes Common Stock - Diluted
 
$
61,680

 
$
52,378

Denominator
 
 
 
 
Basic Weighted-Average Federated Hermes Common Stock2
 
97,345

 
96,994

Dilutive Potential Shares from Stock Options
 
0

 
1

Diluted Weighted-Average Federated Hermes Common Stock2
 
97,345

 
96,995

Earnings Per Share
 
 
 
 
Net Income Attributable to Federated Hermes Common Stock – Basic and Diluted2
 
$
0.63

 
$
0.54

1
Includes dividends paid on unvested restricted Federated Hermes Class B Common shares and their proportionate share of undistributed earnings attributable to Federated Hermes shareholders.
2
Federated Hermes Common Stock excludes unvested restricted stock which are deemed participating securities in accordance with the two-class method of computing earnings per share.