XML 45 R29.htm IDEA: XBRL DOCUMENT v3.20.4
Segment and Geographic Information
12 Months Ended
Dec. 31, 2020
Segment Reporting [Abstract]  
Segment and Geographic Information Segment and Geographic Information
Federated Hermes operates in one operating segment, the investment management business.
Federated Hermes' revenues from U.S. and non-U.S. operations were as follows for the years ended December 31:
(in thousands)202020192018
U.S.$1,168,018 $1,098,975 $1,005,948 
Non-U.S.1
280,250 227,919 129,729 
Total Revenue$1,448,268 $1,326,894 $1,135,677 
1    This represents revenue earned by non-U.S. domiciled subsidiaries, primarily in the UK.
Federated Hermes' Right-of-Use Assets, net and Property and Equipment, net for U.S. and non-U.S. operations were as follows at December 31:
(in thousands)20202019
U.S.$118,912 $129,322 
Non-U.S.1
55,776 22,917 
Total Right-of-Use Assets, net and Property and Equipment, net1
$174,688 $152,239 
1    This represents net assets of non-U.S. domiciled subsidiaries, primarily in the UK.