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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current Assets    
Cash and Cash Equivalents $ 233,327 $ 301,819
Investments—Consolidated Investment Companies 105,542 91,359
Investments—Affiliates and Other 87,805 45,593
Receivables, net of reserve of $21 and $16, respectively 65,317 64,857
Receivables—Affiliates 30,956 41,107
Prepaid Expenses 29,322 22,130
Other Current Assets 7,178 8,478
Total Current Assets 559,447 575,343
Long-Term Assets    
Goodwill 798,871 800,267
Intangible Assets, net 471,209 481,753
Property and Equipment, net 46,965 52,610
Right-of-Use Assets, net 108,306 122,078
Other Long-Term Assets 33,389 28,788
Total Long-Term Assets 1,458,740 1,485,496
Total Assets 2,018,187 2,060,839
Current Liabilities    
Accounts Payable and Accrued Expenses 64,019 61,736
Accrued Compensation and Benefits 162,203 170,646
Lease Liabilities 17,447 15,845
Other Current Liabilities 27,038 17,219
Total Current Liabilities 270,707 265,446
Long-Term Liabilities    
Long-Term Debt 223,350 75,000
Long-Term Deferred Tax Liability, net 205,206 187,937
Long-Term Lease Liabilities 105,270 121,922
Other Long-Term Liabilities 36,435 36,550
Total Long-Term Liabilities 570,261 421,409
Total Liabilities 840,968 686,855
Commitments and Contingencies (Note (20))
TEMPORARY EQUITY    
Redeemable Noncontrolling Interests in Subsidiaries 63,202 236,987
Federated Hermes, Inc. Shareholders' Equity    
Retained Earnings 1,187,001 1,027,699
Treasury Stock, at Cost, 16,094,488 and 10,174,013 Shares Class B Common Stock, respectively (538,464) (324,731)
Accumulated Other Comprehensive Income (Loss), net of tax 16,362 15,171
Total Permanent Equity 1,114,017 1,136,997
Total Liabilities, Temporary Equity and Permanent Equity 2,018,187 2,060,839
Class A    
Federated Hermes, Inc. Shareholders' Equity    
Common Stock 189 189
Class B    
Federated Hermes, Inc. Shareholders' Equity    
Common Stock $ 448,929 $ 418,669