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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current Assets    
Cash and Cash Equivalents $ 201,692 $ 301,819
Investments—Consolidated Investment Companies 54,075 91,359
Investments—Affiliates and Other 89,318 45,593
Receivables, net of reserve of $16 and $16, respectively 67,374 64,857
Receivables—Affiliates 31,381 41,107
Prepaid Expenses 27,445 22,130
Other Current Assets 6,757 8,478
Total Current Assets 478,042 575,343
Long-Term Assets    
Goodwill 798,258 800,267
Intangible Assets, net of accumulated amortization of $36,076 and $26,372, respectively 472,920 481,753
Property and Equipment, net of accumulated depreciation of $110,322 and $106,317, respectively 49,421 52,610
Right-of-Use Assets, net 111,718 122,078
Other Long-Term Assets 36,050 28,788
Total Long-Term Assets 1,468,367 1,485,496
Total Assets 1,946,409 2,060,839
Current Liabilities    
Accounts Payable and Accrued Expenses 62,648 61,736
Accrued Compensation and Benefits 133,123 170,646
Lease Liabilities 17,181 15,845
Other Current Liabilities 21,760 17,219
Total Current Liabilities 234,712 265,446
Long-Term Liabilities    
Long-Term Debt 102,150 75,000
Long-Term Deferred Tax Liability, net 205,317 187,937
Long-Term Lease Liabilities 109,290 121,922
Other Long-Term Liabilities 34,617 36,550
Total Long-Term Liabilities 451,374 421,409
Total Liabilities 686,086 686,855
Commitments and Contingencies (Note (15))
TEMPORARY EQUITY    
Redeemable Noncontrolling Interest in Subsidiaries 55,472 236,987
Federated Hermes, Inc. Shareholders' Equity    
Additional Paid-In Capital from Treasury Stock Transactions 30 0
Retained Earnings 1,153,539 1,027,699
Treasury Stock, at Cost, 12,531,058 and 10,174,013 Shares Class B Common Stock, respectively (403,807) (324,731)
Accumulated Other Comprehensive Income (Loss), net of tax 12,976 15,171
Total Permanent Equity 1,204,851 1,136,997
Total Liabilities, Temporary Equity and Permanent Equity 1,946,409 2,060,839
Class A    
Federated Hermes, Inc. Shareholders' Equity    
Common Stock 189 189
Class B    
Federated Hermes, Inc. Shareholders' Equity    
Common Stock $ 441,924 $ 418,669