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Earnings Per Share Attributable to Federated Hermes, Inc. Shareholders | 6 Months Ended
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Jun. 30, 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 |  | Six Months Ended
|  | June 30, |  | June 30,
(in thousands, except per share data) |  | 2021 |  | 2020 |  | 2021 |  | 2020
Numerator |  |  |  |  |  |  |  |
Net Income Attributable to Federated Hermes, Inc. |  | $ | 55,884 |  |  | $ | 81,196 |  |  | $ | 130,368 |  |  | $ | 145,374 |
Less: Total Net Income Available to Participating Unvested Restricted Shareholders 1 |  | (2,356) |  |  | (3,171) |  |  | (5,378) |  |  | (5,568) |
Total Net Income Attributable to Federated Hermes Common Stock - Basic |  | $ | 53,528 |  |  | $ | 78,025 |  |  | $ | 124,990 |  |  | $ | 139,806 |
Less: Total Net Income Available to Unvested Restricted Shareholders of a Nonpublic Consolidated Subsidiary |  | (572) |  |  | (307) |  |  | (831) |  |  | (395) |
Total Net Income Attributable to Federated Hermes Common Stock - Diluted |  | $ | 52,956 |  |  | $ | 77,718 |  |  | $ | 124,159 |  |  | $ | 139,411 |
Denominator |  |  |  |  |  |  |  |
Basic and Diluted Weighted-Average Federated Hermes Common Stock 2 |  | 93,964 |  |  | 96,800 |  |  | 94,588 |  |  | 97,073 |
Earnings Per Share |  |  |  |  |  |  |  |
Net Income Attributable to Federated Hermes Common Stock – Basic 2 |  | $ | 0.57 |  |  | $ | 0.81 |  |  | $ | 1.32 |  |  | $ | 1.44 |
Net Income Attributable to Federated Hermes Common Stock – Diluted 2 |  | $ | 0.56 |  |  | $ | 0.80 |  |  | $ | 1.31 |  |  | $ | 1.44 |
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.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3630-109257 + Details
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