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Supplementary Quarterly Financial Data (Unaudited) (Tables) | 12 Months Ended
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Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract] |
Schedule of Quarterly Financial Data |
(in thousands, except per share data, for the quarters ended) |  | March 31, |  |  | June 30, |  |  | September 30, |  |  | December 31, |
2018 1 |  |  |  |  |  |  |  |
Revenue |  | $ | 263,852 |  |  | $ | 255,993 |  |  | $ | 308,616 |  |  | $ | 307,216 |
Operating Income |  | $ | 79,671 |  |  | $ | 80,757 |  |  | $ | 81,898 |  |  | $ | 87,954 |
Net Income Including the Noncontrolling Interests in Subsidiaries 2 |  | $ | 60,006 |  |  | $ | 38,667 |  |  | $ | 61,994 |  |  | $ | 61,632 |
Amounts Attributable to Federated Investors, Inc. |  |  |  |  |  |  |  |
Net Income 2 |  | $ | 60,331 |  |  | $ | 38,822 |  |  | $ | 59,608 |  |  | $ | 61,536 |
Earnings Per Common Share – Basic and Diluted |  | $ | 0.60 |  |  | $ | 0.38 |  |  | $ | 0.59 |  |  | $ | 0.61 |
2017 |  |  |  |  |  |  |  |
Revenue |  | $ | 273,501 |  |  | $ | 272,796 |  |  | $ | 278,315 |  |  | $ | 278,312 |
Operating Income |  | $ | 77,773 |  |  | $ | 84,211 |  |  | $ | 88,690 |  |  | $ | 90,834 |
Net Income Including the Noncontrolling Interests in Subsidiaries 3 |  | $ | 51,027 |  |  | $ | 54,659 |  |  | $ | 57,241 |  |  | $ | 131,974 |
Amounts Attributable to Federated Investors, Inc. |  |  |  |  |  |  |  |
Net Income 3 |  | $ | 49,641 |  |  | $ | 53,451 |  |  | $ | 56,439 |  |  | $ | 131,810 |
Earnings Per Common Share – Basic and Diluted 4 |  | $ | 0.49 |  |  | $ | 0.53 |  |  | $ | 0.56 |  |  | $ | 1.31 |
1 | The financial results of Hermes have been included in Federated's Consolidated Financial Statements from the July 1, 2018 effective date of the acquisition.
2 | The quarter ended June 30, 2018 includes a $29.0 million loss related to two derivative financial instruments associated with the Hermes Acquisition (see Note (8) for additional information).
3 | The quarter ended December 31, 2017 includes a $70.4 million reduction to the income tax provision resulting from the revaluation of the net deferred tax liability due to the enactment of the Tax Act, thereby increasing net income.
4 | The quarter ended December 31, 2017 includes a $0.70 increase to earnings per share resulting from the revaluation of the net deferred tax liability due to the enactment of the Tax Act.

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- Definition Tabular disclosure of quarterly financial data. Includes, but is not limited to, financial information for fiscal quarters, cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=109225645&loc=d3e1280-108306 + Details
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