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Earnings Per Share Attributable to Federated Investors, Inc. Shareholders
3 Months Ended
Mar. 31, 2019
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 for:
 
 
Three Months Ended
 
 
March 31,
(in thousands, except per share data)
 
2019
 
2018
Numerator
 
 
 
 
Net Income Attributable to Federated Investors, Inc.
 
$
54,546

 
$
60,331

Less: Total Net Income Available to Participating Unvested Restricted Shareholders1
 
(2,135
)
 
(2,375
)
Total Net Income Attributable to Federated Common Stock - Basic
 
$
52,411

 
$
57,956

Less: Total Net Income Available to Unvested Restricted Shareholders of a Nonpublic Consolidated Subsidiary
 
(33
)
 
0

Total Net Income Attributable to Federated Common Stock - Diluted
 
$
52,378

 
$
57,956

Denominator
 
 
 
 
Basic Weighted-Average Federated Common Stock2
 
96,994

 
97,187

Dilutive Potential Shares from Stock Options
 
1

 
2

Diluted Weighted-Average Federated Common Stock2
 
96,995

 
97,189

Earnings Per Share
 
 
 
 
Net Income Attributable to Federated Common Stock – Basic and Diluted2
 
$
0.54

 
$
0.60

1
Includes dividends paid on unvested restricted Federated Class B Common shares and their proportionate share of undistributed earnings attributable to Federated shareholders.
2
Federated Common Stock excludes unvested restricted stock which are deemed participating securities in accordance with the two-class method of computing earnings per share.