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Earnings Per Share Attributable to Federated Investors, Inc. Shareholders Computation of Basic and Diluted Earnings Per Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Net income attributable to Federated Investors, Inc. $ 52,709 $ 41,759 $ 98,152 $ 78,066
Less: Total income available to participating unvested restricted shareholders, basic [1] (2,118) (1,661) (3,947) (3,141)
Less: Total income available to participating unvested restricted shareholders, diluted [1] (2,118) (1,661) (3,947) (3,141)
Total net income attributable to Federated Common Stock, basic [2] 50,591 40,098 94,205 74,925
Total net income attributable to Federated Common Stock, diluted [2] $ 50,591 $ 40,098 $ 94,205 $ 74,925
Basic weighted-average common shares outstanding 99,592 100,732 99,697 100,686
Dilutive potential shares from stock options 1 2 1 2
Diluted weighted-average common shares outstanding 99,593 100,734 99,698 100,688
Net income attributable to Federated Common Stock - Basic and Diluted [2] $ 0.51 $ 0.40 $ 0.94 $ 0.74
[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.