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Earnings Per Share Attributable to Federated Investors, Inc. Shareholders (Tables)
 12 Months Ended
Dec. 31, 2015
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 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.