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Earnings Per Share Attributable to Federated Investors, Inc. Shareholders
 9 Months Ended
Sep. 30, 2018
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)
 
2018

 
2017

 
2018

 
2017

Numerator – Basic and Diluted
 
 
 
 
 
 
 
 
Net Income Attributable to Federated Investors, Inc.
 
$
59,608

 
$
56,439

 
$
158,761

 
$
159,531

Less: Total Net Income Available to Participating Unvested Restricted Shareholders1
 
(2,835
)
 
(2,220
)
 
(6,741
)
 
(6,342
)
Total Net Income Attributable to Federated Common Stock2
 
$
56,773

 
$
54,219

 
$
152,020

 
$
153,189

Denominator
 
 
 
 
 
 
 
 
Basic Weighted-Average Federated Common Stock2
 
96,664

 
97,128

 
97,013

 
97,521

Dilutive Potential Shares from Stock Options
 
0

 
1

 
1

 
1

Diluted Weighted-Average Federated Common Stock2
 
96,664

 
97,129

 
97,014

 
97,522

Earnings Per Share
 
 
 
 
 
 
 
 
Net Income Attributable to Federated Common Stock – Basic and Diluted2
 
$
0.59

 
$
0.56

 
$
1.57

 
$
1.57

1
Net Income available to participating unvested restricted shareholders includes dividends paid on unvested restricted shares and their proportionate share of undistributed earnings attributable to Federated shareholders ($2.4 million and $6.3 million for the three and nine months ended September 30, 2018, respectively) and unvested shareholders of a nonpublic consolidated subsidiary beginning July 1, 2018.
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.