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Earnings Per Share Attributable to Federated Hermes, Inc. Shareholders (Tables) | 9 Months Ended
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Sep. 30, 2021
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:
|  | Three Months Ended |  | Nine Months Ended
|  | September 30, |  | September 30,
(in thousands, except per share data) |  | 2021 |  | 2020 |  | 2021 |  | 2020
Numerator |  |  |  |  |  |  |  |
Net Income Attributable to Federated Hermes, Inc. |  | $ | 71,362 |  |  | $ | 85,822 |  |  | $ | 201,730 |  |  | $ | 231,196 |
Less: Total Net Income Available to Participating Unvested Restricted Shareholders 1 |  | (2,989) |  |  | (3,378) |  |  | (8,363) |  |  | (8,937) |
Total Net Income Attributable to Federated Hermes Common Stock - Basic |  | $ | 68,373 |  |  | $ | 82,444 |  |  | $ | 193,367 |  |  | $ | 222,259 |
Less: Total Net Income Available to Unvested Restricted Shareholders of a Nonpublic Consolidated Subsidiary |  | (443) |  |  | (391) |  |  | (1,273) |  |  | (786) |
Total Net Income Attributable to Federated Hermes Common Stock - Diluted |  | $ | 67,930 |  |  | $ | 82,053 |  |  | $ | 192,094 |  |  | $ | 221,473 |
Denominator |  |  |  |  |  |  |  |
Basic and Diluted Weighted-Average Federated Hermes Common Stock 2 |  | 93,320 |  |  | 96,039 |  |  | 94,160 |  |  | 96,726 |
Earnings Per Share |  |  |  |  |  |  |  |
Net Income Attributable to Federated Hermes Common Stock – Basic 2 |  | $ | 0.73 |  |  | $ | 0.86 |  |  | $ | 2.05 |  |  | $ | 2.30 |
Net Income Attributable to Federated Hermes Common Stock – Diluted 2 |  | $ | 0.73 |  |  | $ | 0.85 |  |  | $ | 2.04 |  |  | $ | 2.29 |
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 Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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