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Earnings Per Share Attributable to Federated Investors, Inc. Shareholders
 12 Months Ended
Dec. 31, 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 for the years ended December 31:
in thousands, except per share data
 
2016

 
2015

 
2014

Numerator – Basic and Diluted
 
 
 
 
 
 
Net income attributable to Federated Investors, Inc.
 
$
208,919

 
$
169,807

 
$
149,236

Less: Total income available to participating unvested restricted shareholders1
 
(7,632
)
 
(6,608
)
 
(5,823
)
Total net income attributable to Federated Common Stock2
 
$
201,287

 
$
163,199

 
$
143,413

Denominator
 
 
 
 
 
 
Basic weighted-average Federated Common Stock2
 
99,116

 
100,475

 
100,721

Dilutive potential shares from stock options
 
1

 
2

 
2

Diluted weighted-average Federated Common Stock2
 
99,117

 
100,477

 
100,723

Earnings per share
 
 
 
 
 
 
Net income attributable to Federated Common Stock - Basic and Diluted2
 
$
2.03

 
$
1.62

 
$
1.42

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.