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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current Assets    
Cash and Cash Equivalents $ 301,819 $ 249,174
Investments—Consolidated Investment Companies 91,359 64,526
Investments—Affiliates and Other 45,593 26,935
Receivables, net of reserve of $16 and $14, respectively 64,857 64,492
Receivables—Affiliates 41,107 37,589
Prepaid Expenses 22,130 16,748
Other Current Assets 8,478 1,820
Total Current Assets 575,343 461,284
Long-Term Assets    
Goodwill 800,267 774,534
Intangible Assets, net 481,753 446,228
Property and Equipment, net 52,610 51,725
Right-of-Use Assets, net 122,078 100,514
Other Long-Term Assets 28,788 45,846
Total Long-Term Assets 1,485,496 1,418,847
Total Assets 2,060,839 1,880,131
Current Liabilities    
Accounts Payable and Accrued Expenses 61,736 69,014
Accrued Compensation and Benefits 170,646 137,445
Lease Liabilities 15,845 13,575
Other Current Liabilities 17,219 10,679
Total Current Liabilities 265,446 230,713
Long-Term Liabilities    
Long-Term Debt 75,000 100,000
Long-Term Deferred Tax Liability, net 187,937 165,382
Long-Term Lease Liabilities 121,922 107,543
Other Long-Term Liabilities 36,550 23,127
Total Long-Term Liabilities 421,409 396,052
Total Liabilities 686,855 626,765
Commitments and Contingencies (Note (21))
TEMPORARY EQUITY    
Redeemable Noncontrolling Interest in Subsidiaries 236,987 212,086
Federated Hermes, Inc. Shareholders' Equity    
Retained Earnings 1,027,699 930,351
Treasury Stock, at Cost, 10,174,013 and 8,375,077 Shares Class B Common Stock, respectively (324,731) (281,032)
Accumulated Other Comprehensive Income (Loss), net of tax 15,171 (249)
Total Permanent Equity 1,136,997 1,041,280
Total Liabilities, Temporary Equity and Permanent Equity 2,060,839 1,880,131
Class A    
Federated Hermes, Inc. Shareholders' Equity    
Common Stock 189 189
Class B    
Federated Hermes, Inc. Shareholders' Equity    
Common Stock $ 418,669 $ 392,021