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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current Assets    
Cash and Cash Equivalents $ 322,847 $ 249,174
Investments—Consolidated Investment Companies 71,103 64,526
Investments—Affiliates and Other 43,209 26,935
Receivables, net of reserve of $14 and $14, respectively 71,976 64,492
Receivables—Affiliates 34,719 37,589
Prepaid Expenses 17,721 16,748
Other Current Assets 7,839 1,820
Total Current Assets 569,414 461,284
Long-Term Assets    
Goodwill 792,361 774,534
Intangible Assets, net of accumulated amortization of $21,663 and $12,856, respectively 465,192 446,228
Property and Equipment, net of accumulated depreciation of $101,752 and $94,766, respectively 51,097 51,725
Right-of-Use Assets, net 101,674 100,514
Other Long-Term Assets 23,988 45,846
Total Long-Term Assets 1,434,312 1,418,847
Total Assets 2,003,726 1,880,131
Current Liabilities    
Accounts Payable and Accrued Expenses 79,530 69,014
Accrued Compensation and Benefits 119,879 137,445
Lease Liabilities 14,913 13,575
Other Current Liabilities 20,057 10,679
Total Current Liabilities 234,379 230,713
Long-Term Liabilities    
Long-Term Debt 90,000 100,000
Long-Term Deferred Tax Liability, net 179,689 165,382
Long-Term Lease Liabilities 106,689 107,543
Other Long-Term Liabilities 27,092 23,127
Total Long-Term Liabilities 403,470 396,052
Total Liabilities 637,849 626,765
Commitments and Contingencies (Note (16))
TEMPORARY EQUITY    
Redeemable Noncontrolling Interest in Subsidiaries 214,301 212,086
Federated Hermes, Inc. Shareholders' Equity    
Retained Earnings 1,066,842 930,351
Treasury Stock, at Cost, 10,070,813 and 8,375,077 Shares Class B Common Stock, respectively (318,098) (281,032)
Accumulated Other Comprehensive Income (Loss), net of tax (9,582) (249)
Total Permanent Equity 1,151,576 1,041,280
Total Liabilities, Temporary Equity and Permanent Equity 2,003,726 1,880,131
Class A    
Federated Hermes, Inc. Shareholders' Equity    
Common Stock 189 189
Class B    
Federated Hermes, Inc. Shareholders' Equity    
Common Stock $ 412,225 $ 392,021