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Earnings Per Share Attributable to Federated Hermes, Inc. Shareholders
6 Months Ended
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 EndedSix Months Ended
June 30,June 30,
(in thousands, except per share data)2021202020212020
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 Shareholders1
(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 Stock2
93,964 96,800 94,588 97,073 
Earnings Per Share
Net Income Attributable to Federated Hermes Common Stock – Basic2
$0.57 $0.81 $1.32 $1.44 
Net Income Attributable to Federated Hermes Common Stock – Diluted2
$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.