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Earnings Per Share Attributable to Federated Hermes, Inc. Shareholders
6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Earnings Per Share Attributable to Federated Hermes, Inc. Shareholders Earnings Per Share Attributable to Federated Hermes, Inc. Shareholders
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 EndedSix Months Ended
June 30,June 30,
(in thousands, except per share data)2022202120222021
Numerator
Net Income Attributable to Federated Hermes, Inc.$57,657 $55,884 $113,520 $130,368 
Less: Total Net Income Available to Participating Unvested Restricted Shareholders1
(3,218)(2,356)(5,785)(5,378)
Total Net Income Attributable to Federated Hermes Common Stock - Basic$54,439 $53,528 $107,735 $124,990 
Less: Total Net Income Available to Unvested Restricted Shareholders of a Nonpublic Consolidated Subsidiary0 (572)0 (831)
Total Net Income Attributable to Federated Hermes Common Stock - Diluted$54,439 $52,956 $107,735 $124,159 
Denominator
Basic and Diluted Weighted-Average Federated Hermes Common Stock2
85,373 93,964 86,706 94,588 
Earnings Per Share
Net Income Attributable to Federated Hermes Common Stock - Basic2
$0.64 $0.57 $1.24 $1.32 
Net Income Attributable to Federated Hermes Common Stock - Diluted2
$0.64 $0.56 $1.24 $1.31 
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.