XML 32 R22.htm IDEA: XBRL DOCUMENT v3.8.0.1
Concentration Risk (Tables)
9 Months Ended
Sep. 30, 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:
 
 
Nine Months Ended
 
 
September 30,
 
 
2017

 
2016

Money market assets
 
41
%
 
46
%
Equity assets
 
42
%
 
38
%
Fixed-income assets
 
17
%
 
16
%


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
 
Nine Months Ended
 
 
September 30,
 
September 30,
(in millions)
 
2017

 
2016

 
2017

 
2016

Revenue
 
$
0.0

 
$
(18.0
)
 
$
(4.4
)
 
$
(76.8
)
Less: Reduction in Distribution expense
 
0.0

 
13.8

 
3.6

 
58.2

Pre-tax impact
 
$
0.0

 
$
(4.2
)
 
$
(0.8
)
 
$
(18.6
)