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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current Assets    
Cash and Cash Equivalents $ 262,043 $ 233,327
Investments—Consolidated Investment Companies 104,370 105,542
Investments—Affiliates and Other 91,067 87,805
Receivables, net of reserve of $21 and $21, respectively 55,510 65,317
Receivables—Affiliates 29,315 30,956
Prepaid Expenses 32,283 29,322
Other Current Assets 7,257 7,178
Total Current Assets 581,845 559,447
Long-Term Assets    
Goodwill 794,788 798,871
Intangible Assets, net of accumulated amortization of $41,717 and $39,618, respectively 458,663 471,209
Property and Equipment, net of accumulated depreciation of $116,888 and $113,624, respectively 44,579 46,965
Right-of-Use Assets, net 105,583 108,306
Other Long-Term Assets 33,064 33,389
Total Long-Term Assets 1,436,677 1,458,740
Total Assets 2,018,522 2,018,187
Current Liabilities    
Accounts Payable and Accrued Expenses 65,135 64,019
Accrued Compensation and Benefits 73,435 162,203
Lease Liabilities 17,883 17,447
Income Taxes Payable 11,448 501
Other Current Liabilities 13,072 26,537
Total Current Liabilities 180,973 270,707
Long-Term Liabilities    
Long-Term Debt 397,383 223,350
Long-Term Deferred Tax Liability, net 204,745 205,206
Long-Term Lease Liabilities 101,439 105,270
Other Long-Term Liabilities 27,492 36,435
Total Long-Term Liabilities 731,059 570,261
Total Liabilities 912,032 840,968
Commitments and Contingencies (Note (17))
TEMPORARY EQUITY    
Redeemable Noncontrolling Interests in Subsidiaries 48,569 63,202
Federated Hermes, Inc. Shareholders' Equity    
Additional Paid-In Capital from Treasury Stock Transactions 3,518 0
Retained Earnings 1,191,575 1,187,001
Treasury Stock, at Cost, 17,441,863 and 16,094,488 Shares Class B Common Stock, respectively (594,806) (538,464)
Accumulated Other Comprehensive Income (Loss), net of tax (772) 16,362
Total Permanent Equity 1,057,921 1,114,017
Total Liabilities, Temporary Equity and Permanent Equity 2,018,522 2,018,187
Class A    
Federated Hermes, Inc. Shareholders' Equity    
Common Stock 189 189
Class B    
Federated Hermes, Inc. Shareholders' Equity    
Common Stock $ 458,217 $ 448,929