Earnings Per Share Attributable to Federated Hermes, Inc. Shareholders (Tables)

3 Months Ended

Mar. 31, 2022

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
	March 31,
(in thousands, except per share data)	2022		2021
Numerator
Net Income Attributable to Federated Hermes, Inc.	$	55,863	$	74,484
Less: Total Net Income Available to Participating Unvested Restricted Shareholders1	(2,579)		(3,008)
Total Net Income Attributable to Federated Hermes Common Stock - Basic	$	53,284	$	71,476
Less: Total Net Income Available to Unvested Restricted Shareholders of a Nonpublic Consolidated Subsidiary	0		(259)
Total Net Income Attributable to Federated Hermes Common Stock - Diluted	$	53,284	$	71,217
Denominator


Basic and Diluted Weighted-Average Federated Hermes Common Stock2	88,050		95,218
Earnings Per Share
Net Income Attributable to Federated Hermes Common Stock - Basic and Diluted2	$	0.61	$	0.75

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.