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Earnings Per Share Attributable to Federated Hermes, Inc. Shareholders
9 Months Ended
Sep. 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 EndedNine Months Ended
September 30,September 30,
(in thousands, except per share data)2022202120222021
Numerator
Net Income Attributable to Federated Hermes, Inc.$69,479 $71,362 $182,999 $201,730 
Less: Total Net Income Available to Participating Unvested Restricted Shareholders1
(3,713)(2,989)(9,479)(8,363)
Total Net Income Attributable to Federated Hermes Common Stock - Basic$65,766 $68,373 $173,520 $193,367 
Less: Total Net Income Available to Unvested Restricted Shareholders of a Nonpublic Consolidated Subsidiary0 (443)0 (1,273)
Total Net Income Attributable to Federated Hermes Common Stock - Diluted$65,766 $67,930 $173,520 $192,094 
Denominator
Basic and Diluted Weighted-Average Federated Hermes Common Stock2
84,341 93,320 85,909 94,160 
Earnings Per Share
Net Income Attributable to Federated Hermes Common Stock - Basic2
$0.78 $0.73 $2.02 $2.05 
Net Income Attributable to Federated Hermes Common Stock - Diluted2
$0.78 $0.73 $2.02 $2.04 
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.