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Earnings Per Share Attributable to Federated Investors, Inc. Shareholders (Tables)
 3 Months Ended
Mar. 31, 2019
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share
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.