XML 37 R26.htm IDEA: XBRL DOCUMENT v3.7.0.1
Earnings Per Share Attributable to Federated Investors, Inc. Shareholders (Tables)
 6 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic, by Common Class, Including Two Class Method [Table Text Block]
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.
Schedule of Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Table Text Block]
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.