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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current Assets    
Cash and Cash Equivalents $ 277,840 $ 249,174
Investments—Consolidated Investment Companies 55,007 64,526
Investments—Affiliates and Other 39,756 26,935
Receivables, net of reserve of $14 and $14, respectively 88,008 64,492
Receivables—Affiliates 32,513 37,589
Prepaid Expenses 20,443 16,748
Other Current Assets 7,833 1,820
Total Current Assets 521,400 461,284
Long-Term Assets    
Goodwill 786,999 774,534
Intangible Assets, net of accumulated amortization of $17,794 and $12,856, respectively 454,809 446,228
Property and Equipment, net of accumulated depreciation of $101,403 and $94,766, respectively 50,722 51,725
Right-of-Use Assets, net 98,246 100,514
Other Long-Term Assets 21,719 45,846
Total Long-Term Assets 1,412,495 1,418,847
Total Assets 1,933,895 1,880,131
Current Liabilities    
Accounts Payable and Accrued Expenses 89,136 69,014
Accrued Compensation and Benefits 86,475 137,445
Lease Liabilities 13,800 13,575
Income Taxes Payable 41,833 5,834
Other Current Liabilities 17,752 4,845
Total Current Liabilities 248,996 230,713
Long-Term Liabilities    
Long-Term Debt 90,000 100,000
Long-Term Deferred Tax Liability, net 173,097 165,382
Long-Term Lease Liabilities 103,856 107,543
Other Long-Term Liabilities 26,607 23,127
Total Long-Term Liabilities 393,560 396,052
Total Liabilities 642,556 626,765
Commitments and Contingencies (Note (16))
TEMPORARY EQUITY    
Redeemable Noncontrolling Interest in Subsidiaries 204,672 212,086
Federated Hermes, Inc. Shareholders' Equity    
Retained Earnings 1,004,497 930,351
Treasury Stock, at Cost, 9,226,413 and 8,375,077 Shares Class B Common Stock, respectively (298,142) (281,032)
Accumulated Other Comprehensive Income (Loss), net of tax (25,821) (249)
Total Permanent Equity 1,086,667 1,041,280
Total Liabilities, Temporary Equity and Permanent Equity 1,933,895 1,880,131
Class A    
Federated Hermes, Inc. Shareholders' Equity    
Common Stock 189 189
Class B    
Federated Hermes, Inc. Shareholders' Equity    
Common Stock $ 405,944 $ 392,021