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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current Assets    
Cash and Cash Equivalents $ 222,605 $ 301,819
Investments—Consolidated Investment Companies 92,798 91,359
Investments—Affiliates and Other 67,292 45,593
Receivables, net of reserve of $16 and $16, respectively 67,213 64,857
Receivables—Affiliates 32,675 41,107
Prepaid Expenses 27,395 22,130
Other Current Assets 10,334 8,478
Total Current Assets 520,312 575,343
Long-Term Assets    
Goodwill 801,500 800,267
Intangible Assets, net of accumulated amortization of $30,028 and $26,372, respectively 481,536 481,753
Property and Equipment, net of accumulated depreciation of $109,863 and $106,317, respectively 50,980 52,610
Right-of-Use Assets, net 118,958 122,078
Other Long-Term Assets 36,667 28,788
Total Long-Term Assets 1,489,641 1,485,496
Total Assets 2,009,953 2,060,839
Current Liabilities    
Accounts Payable and Accrued Expenses 57,679 61,736
Accrued Compensation and Benefits 74,708 170,646
Lease Liabilities 16,540 15,845
Income Taxes Payable 19,603 1,939
Other Current Liabilities 30,770 15,280
Total Current Liabilities 199,300 265,446
Long-Term Liabilities    
Long-Term Debt 70,000 75,000
Long-Term Deferred Tax Liability, net 191,752 187,937
Long-Term Lease Liabilities 117,863 121,922
Other Long-Term Liabilities 30,199 36,550
Total Long-Term Liabilities 409,814 421,409
Total Liabilities 609,114 686,855
Commitments and Contingencies (Note (15))
TEMPORARY EQUITY    
Redeemable Noncontrolling Interest in Subsidiaries 245,717 236,987
Federated Hermes, Inc. Shareholders' Equity    
Retained Earnings 1,062,831 1,027,699
Treasury Stock, at Cost, 10,966,089 and 10,174,013 Shares Class B Common Stock, respectively (354,512) (324,731)
Accumulated Other Comprehensive Income (Loss), net of tax 18,729 15,171
Total Permanent Equity 1,155,122 1,136,997
Total Liabilities, Temporary Equity and Permanent Equity 2,009,953 2,060,839
Class A    
Federated Hermes, Inc. Shareholders' Equity    
Common Stock 189 189
Class B    
Federated Hermes, Inc. Shareholders' Equity    
Common Stock $ 427,885 $ 418,669