XML 32 R22.htm IDEA: XBRL DOCUMENT v3.7.0.1
Concentration Risk (Tables)
 3 Months Ended
Mar. 31, 2017
Risks and Uncertainties [Abstract]  
Schedule of Revenue Concentration
The following table summarizes the percentage of total revenue earned from Federated's asset classes for the periods presented:
 
 
Three Months Ended
 
 
March 31,
 
 
2017

 
2016

Money market assets
 
42
%
 
47
%
Equity assets
 
41
%
 
36
%
Fixed-income assets
 
17
%
 
17
%
Voluntary Fee Waivers
The impact of Voluntary Yield-related Fee Waivers on various components of Federated's Consolidated Statements of Income was as follows for the periods presented:
 
 
Three Months Ended
 
 
March 31,
(in millions)
 
2017

 
2016

Revenue
 
$
(4.3
)
 
$
(37.5
)
Less: Reduction in Distribution expense
 
3.5

 
27.9

Operating income
 
(0.8
)
 
(9.6
)
Less: Reduction in Noncontrolling interests
 
0.0

 
0.2

Pre-tax impact
 
$
(0.8
)
 
$
(9.4
)