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Earnings Per Share Attributable to Federated Investors, Inc. Shareholders (Tables)
 9 Months Ended
Sep. 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
 
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.
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
 
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.