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Earnings Per Share Attributable to Federated Investors, Inc. Shareholders
 9 Months Ended
Sep. 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
 
Nine Months Ended
 
 
September 30,
 
September 30,
(in thousands, except per share data)
 
2017

 
2016

 
2017

 
2016

Numerator – Basic and Diluted
 
 
 
 
 
 
 
 
Net income attributable to Federated Investors, Inc.
 
$
56,439

 
$
54,925

 
$
159,531

 
$
153,077

Less: Total income available to participating unvested restricted shareholders1
 
(2,220
)
 
(2,035
)
 
(6,342
)
 
(5,987
)
Total net income attributable to Federated Common Stock2
 
$
54,219

 
$
52,890

 
$
153,189

 
$
147,090

Denominator
 
 
 
 
 
 
 
 
Basic weighted-average Federated Common Stock2
 
97,128

 
98,805

 
97,521

 
99,397

Dilutive potential shares from stock options
 
1

 
1

 
1

 
1

Diluted weighted-average Federated Common Stock2
 
97,129

 
98,806

 
97,522

 
99,398

Earnings per share
 
 
 
 
 
 
 
 
Net income attributable to Federated Common Stock – Basic and Diluted2
 
$
0.56

 
$
0.54

 
$
1.57

 
$
1.48

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.