XML 31 R21.htm IDEA: XBRL DOCUMENT v3.21.1
Earnings Per Share Attributable to Federated Hermes, Inc. Shareholders
 3 Months Ended
Mar. 31, 2021
Earnings Per Share [Abstract]  
Earnings Per Share Attributable to Federated Hermes, Inc. Shareholders Earnings Per Share Attributable to Federated Hermes, Inc. Shareholders
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
March 31,
(in thousands, except per share data)20212020
Numerator
Net Income Attributable to Federated Hermes, Inc.$74,484 $64,178 
Less: Total Net Income Available to Participating Unvested Restricted Shareholders1
(3,008)(2,410)
Total Net Income Attributable to Federated Hermes Common Stock - Basic$71,476 $61,768 
Less: Total Net Income Available to Unvested Restricted Shareholders of a Nonpublic Consolidated Subsidiary(259)(88)
Total Net Income Attributable to Federated Hermes Common Stock - Diluted$71,217 $61,680 
Denominator
Basic and Diluted Weighted-Average Federated Hermes Common Stock2
95,218 97,345 
Earnings Per Share
Net Income Attributable to Federated Hermes Common Stock – Basic and Diluted2
$0.75 $0.63 
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.