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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current Assets    
Cash and Cash Equivalents $ 248,732 $ 233,327
Investments—Consolidated Investment Companies 102,865 105,542
Investments—Affiliates and Other 78,170 87,805
Receivables, net of reserve of $21 and $21, respectively 53,850 65,317
Receivables—Affiliates 36,487 30,956
Prepaid Expenses 34,175 29,322
Other Current Assets 7,124 7,178
Total Current Assets 561,403 559,447
Long-Term Assets    
Goodwill 784,900 798,871
Intangible Assets, net of accumulated amortization of $41,649 and $39,618, respectively 433,091 471,209
Property and Equipment, net of accumulated depreciation of $112,432 and $113,624, respectively 41,588 46,965
Right-of-Use Assets, net 99,238 108,306
Other Long-Term Assets 31,697 33,389
Total Long-Term Assets 1,390,514 1,458,740
Total Assets 1,951,917 2,018,187
Current Liabilities    
Accounts Payable and Accrued Expenses 73,761 64,019
Accrued Compensation and Benefits 93,929 162,203
Lease Liabilities 17,788 17,447
Other Current Liabilities 21,669 27,038
Total Current Liabilities 207,147 270,707
Long-Term Liabilities    
Long-Term Debt 397,448 223,350
Long-Term Deferred Tax Liability, net 197,484 205,206
Long-Term Lease Liabilities 94,758 105,270
Other Long-Term Liabilities 32,456 36,435
Total Long-Term Liabilities 722,146 570,261
Total Liabilities 929,293 840,968
Commitments and Contingencies (Note (17))
TEMPORARY EQUITY    
Redeemable Noncontrolling Interests in Subsidiaries 54,731 63,202
Federated Hermes, Inc. Shareholders’ Equity    
Additional Paid-In Capital from Treasury Stock Transactions 3,472 0
Retained Earnings 1,224,527 1,187,001
Treasury Stock, at Cost, 20,307,504 and 16,094,488 Shares Class B Common Stock, respectively (684,286) (538,464)
Accumulated Other Comprehensive Income (Loss), net of tax (43,656) 16,362
Total Permanent Equity 967,893 1,114,017
Total Liabilities, Temporary Equity and Permanent Equity 1,951,917 2,018,187
Class A    
Federated Hermes, Inc. Shareholders’ Equity    
Common Stock 189 189
Class B    
Federated Hermes, Inc. Shareholders’ Equity    
Common Stock $ 467,647 $ 448,929