XML 59 R43.htm IDEA: XBRL DOCUMENT v3.20.4
Earnings Per Share Attributable to Federated Hermes, Inc. Shareholders (Tables)
 12 Months Ended
Dec. 31, 2020
Earnings Per Share [Abstract]  
Schedule of 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 for the years ended December 31:
(in thousands, except per share data)202020192018
Numerator
Net Income Attributable to Federated Hermes, Inc.$326,364 $272,339 $220,297 
Less: Total Net Income Available to Participating Unvested Restricted Shareholders1
(12,794)(10,234)(8,555)
Total Net Income Attributable to Federated Hermes Common Stock - Basic
$313,570 $262,105 $211,742 
Less: Total Net Income Available to Unvested Restricted Shareholders of a Nonpublic Consolidated Subsidiary
(2,439)(872)(794)
Total Net Income Attributable to Federated Hermes Common Stock - Diluted
$311,131 $261,233 $210,948 
Denominator
Basic and Diluted Weighted-Average Federated Hermes Common Stock2
96,419 97,259 96,949 
Earnings Per Share
Net Income Attributable to Federated Hermes Common Stock - Basic2
$3.25 $2.69 $2.18 
Net Income Attributable to Federated Hermes Common Stock - Diluted2
$3.23 $2.69 $2.18 
1    Includes dividends paid on unvested restricted Federated Hermes Class B Common shares 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.