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Earnings Per Share Attributable to Federated Investors, Inc. Shareholders (Tables)
 3 Months Ended
Mar. 31, 2016
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:
 
 
Three Months Ended
 
 
March 31,
(in thousands, except per share data)
 
2016

 
2015

Numerator – Basic and Diluted
 
 
 
 
Net income attributable to Federated Investors, Inc.
 
$
45,258

 
$
36,307

Less: Total income available to participating unvested restricted shareholders1
 
(1,821
)
 
(1,478
)
Total net income attributable to Federated Common Stock2
 
$
43,437

 
$
34,829

Denominator
 
 
 
 
Basic weighted-average common shares outstanding
 
99,802

 
100,641

Dilutive potential shares from stock options
 
1

 
1

Diluted weighted-average common shares outstanding
 
99,803

 
100,642

Earnings per share
 
 
 
 
Net income attributable to Federated Common Stock – Basic and Diluted2
 
$
0.44

 
$
0.35

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.