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Earnings Per Share Attributable to Federated Hermes, Inc. Shareholders (Tables)
 12 Months Ended
Dec. 31, 2022
Earnings Per Share [Abstract]  
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 for the years ended December 31:
(in thousands, except per share data)202220212020
Numerator
Net Income Attributable to Federated Hermes, Inc.$239,496 $270,293 $326,364 
Less: Total Net Income Available to Participating Unvested Restricted Shareholders1
(11,828)(10,858)(12,515)
Total Net Income Attributable to Federated Hermes Common Stock - Basic
$227,668 $259,435 $313,849 
Less: Total Net Income Available to Unvested Restricted Shareholders of a Nonpublic Consolidated Subsidiary
0 (1,580)(2,439)
Total Net Income Attributable to Federated Hermes Common Stock - Diluted
$227,668 $257,855 $311,410 
Denominator
Basic Weighted-Average Federated Hermes Common Stock2
85,762 93,754 96,503 
Dilutive Impact from Non-forfeitable Restricted Stock4 17 0 
Diluted Weighted-Average Federated Hermes Common Stock2
85,766 93,771 96,503 
Earnings Per Share
Net Income Attributable to Federated Hermes Common Stock - Basic2
$2.65 $2.77 $3.25 
Net Income Attributable to Federated Hermes Common Stock - Diluted2
$2.65 $2.75 $3.23 
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, except for circumstances where shares vest upon retirement and the employee has reached retirement age.