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Earnings Per Share Attributable to Federated Investors, Inc. Shareholders
 9 Months Ended
Sep. 30, 2016
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:
 
 
Three Months Ended
 
Nine Months Ended
 
 
September 30,
 
September 30,
(in thousands, except per share data)
 
2016

 
2015

 
2016

 
2015

Numerator – Basic and Diluted
 
 
 
 
 
 
 
 
Net income attributable to Federated Investors, Inc.
 
$
54,925

 
$
44,131

 
$
153,077

 
$
122,197

Less: Total income available to participating unvested restricted shareholders1
 
(2,035
)
 
(1,691
)
 
(5,987
)
 
(4,837
)
Total net income attributable to Federated Common Stock2
 
$
52,890

 
$
42,440

 
$
147,090

 
$
117,360

Denominator
 
 
 
 
 
 
 
 
Basic weighted-average common shares outstanding
 
98,805

 
100,449

 
99,397

 
100,606

Dilutive potential shares from stock options
 
1

 
2

 
1

 
1

Diluted weighted-average common shares outstanding
 
98,806

 
100,451

 
99,398

 
100,607

Earnings per share
 
 
 
 
 
 
 
 
Net income attributable to Federated Common Stock – Basic and Diluted2
 
$
0.54

 
$
0.42

 
$
1.48

 
$
1.17

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 shares which are deemed participating securities in accordance with the two-class method of computing earnings per share.