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Earnings Per Share Attributable to Federated Hermes, Inc. Shareholders (Tables) | 6 Months Ended
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Jun. 30, 2020
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 Hermes:
|  | Three Months Ended |  | Six Months Ended
|  | June 30, |  | June 30,
(in thousands, except per share data) |  | 2020 |  |  | 2019 |  |  | 2020 |  |  | 2019 |
Numerator |  |  |  |  |  |  |  |
Net Income Attributable to Federated Hermes, Inc. |  | $ | 81,196 |  |  | $ | 62,724 |  |  | $ | 145,374 |  |  | $ | 117,270 |
Less: Total Net Income Available to Participating Unvested Restricted Shareholders1 |  | (3,171 | ) |  | (2,404 | ) |  | (5,568 | ) |  | (4,542 | )
Total Net Income Attributable to Federated Hermes Common Stock - Basic |  | $ | 78,025 |  |  | $ | 60,320 |  |  | $ | 139,806 |  |  | $ | 112,728 |
Less: Total Net Income Available to Unvested Restricted Shareholders of a Nonpublic Consolidated Subsidiary |  | (307 | ) |  | (166 | ) |  | (395 | ) |  | (199 | )
Total Net Income Attributable to Federated Hermes Common Stock - Diluted |  | $ | 77,718 |  |  | $ | 60,154 |  |  | $ | 139,411 |  |  | $ | 112,529 |
Denominator |  |  |  |  |  |  |  |
Basic and Diluted Weighted-Average Federated Hermes Common Stock2 |  | 96,800 |  |  | 97,330 |  |  | 97,073 |  |  | 97,163 |
Earnings Per Share |  |  |  |  |  |  |  |
Net Income Attributable to Federated Hermes Common Stock – Basic2 |  | $ | 0.81 |  |  | $ | 0.62 |  |  | $ | 1.44 |  |  | $ | 1.16 |
Net Income Attributable to Federated Hermes Common Stock – Diluted2 |  | $ | 0.80 |  |  | $ | 0.62 |  |  | $ | 1.44 |  |  | $ | 1.16 |
1 | Includes dividends paid on unvested restricted Federated Hermes Class B Common Stock and their proportionate share of undistributed earnings attributable to Federated Hermes shareholders.
2 Federated Hermes Common Stock excludes unvested restricted stock which are deemed participating securities in accordance with the two-class method of computing earnings per share.

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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