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Earnings Per Share Attributable to Federated Investors, Inc. Shareholders
 6 Months Ended
Jun. 30, 2017
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
 
Six Months Ended
 
 
June 30,
 
June 30,
(in thousands, except per share data)
 
2017

 
2016

 
2017

 
2016

Numerator – Basic and Diluted
 
 
 
 
 
 
 
 
Net income attributable to Federated Investors, Inc.
 
$
53,451

 
$
52,709

 
$
103,092

 
$
98,152

Less: Total income available to participating unvested restricted shareholders1
 
(2,159
)
 
(2,118
)
 
(4,122
)
 
(3,947
)
Total net income attributable to Federated Common Stock2
 
$
51,292

 
$
50,591

 
$
98,970

 
$
94,205

Denominator
 
 
 
 
 
 
 
 
Basic weighted-average Federated Common Stock2
 
97,581

 
99,592

 
97,722

 
99,697

Dilutive potential shares from stock options
 
1

 
1

 
1

 
1

Diluted weighted-average Federated Common Stock2
 
97,582

 
99,593

 
97,723

 
99,698

Earnings per share
 
 
 
 
 
 
 
 
Net income attributable to Federated Common Stock – Basic and Diluted2
 
$
0.53

 
$
0.51

 
$
1.01

 
$
0.94

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.