XML 36 R21.htm IDEA: XBRL DOCUMENT v3.3.1.900
Earnings Per Share Attributable to Federated Investors, Inc. Shareholders
12 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
Earnings Per Share Attributable to Federated Investors, Inc. Shareholders
Earnings Per Share Attributable to Federated Investors, Inc. Shareholders
The following table sets forth the computation of basic and diluted earnings per share using the two-class method for amounts attributable to Federated Investors, Inc. for the years ended December 31:
in thousands, except per share data
 
2015

 
2014

 
2013

Numerator – Basic and Diluted
 
 
 
 
 
 
Net income attributable to Federated Investors, Inc.
 
$
169,807

 
$
149,236

 
$
162,177

Less: Total income available to participating unvested restricted shareholders1
 
(6,608
)
 
(5,823
)
 
(6,065
)
Total net income attributable to Federated Common Stock2
 
$
163,199

 
$
143,413

 
$
156,112

Denominator
 
 
 
 
 
 
Basic weighted-average common shares outstanding
 
100,475

 
100,721

 
100,668

Dilutive potential shares from stock options
 
2

 
2

 
1

Diluted weighted-average common shares outstanding
 
100,477

 
100,723

 
100,669

Earnings per share
 
 
 
 
 
 
Net income attributable to Federated Common Stock - Basic and Diluted2
 
$
1.62

 
$
1.42

 
$
1.55

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