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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current Assets    
Cash and Cash Equivalents $ 376,960 $ 336,782
Prepaid Expenses 25,726 27,004
Other Current Assets 6,318 8,264
Total Current Assets 711,660 651,031
Long-Term Assets    
Goodwill 801,556 800,417
Intangible Assets, net of accumulated amortization of $58,100 and $47,650, respectively 401,971 409,157
Property and Equipment, net of accumulated depreciation of $117,235 and $119,640, respectively 31,409 35,743
Right-of-Use Assets, net 101,159 92,860
Other Long-Term Assets 32,585 31,271
Total Long-Term Assets 1,368,680 1,369,448
Total Assets 2,080,340 2,020,479
Current Liabilities    
Accounts Payable and Accrued Expenses 79,733 73,901
Accrued Compensation and Benefits 124,602 149,760
Lease Liabilities 15,869 18,394
Other Current Liabilities 35,383 15,358
Total Current Liabilities 255,587 257,413
Long-Term Liabilities    
Long-Term Debt 347,777 347,581
Long-Term Deferred Tax Liability, net 176,707 180,410
Long-Term Lease Liabilities 95,995 86,809
Other Long-Term Liabilities 33,605 40,753
Total Long-Term Liabilities 654,084 655,553
Total Liabilities 909,671 912,966
Commitments and Contingencies (Note (17))
TEMPORARY EQUITY    
Redeemable Noncontrolling Interests in Subsidiaries 70,631 61,821
Federated Hermes, Inc. Shareholders’ Equity    
Additional Paid-In Capital from Treasury Stock Transactions 15 0
Retained Earnings 1,148,486 1,015,589
Treasury Stock, at Cost, 13,257,106 and 10,229,521 Shares Class B Common Stock, respectively (473,332) (365,363)
Accumulated Other Comprehensive Income (Loss), net of tax (43,393) (45,676)
Total Permanent Equity 1,100,038 1,045,692
Total Liabilities, Temporary Equity and Permanent Equity 2,080,340 2,020,479
Consolidated Investment Companies    
Current Assets    
Investments 118,201 108,448
Affiliates    
Current Assets    
Investments 59,272 76,524
Receivables 52,659 35,941
Nonrelated Party    
Current Assets    
Receivables 72,524 58,068
Class A    
Federated Hermes, Inc. Shareholders’ Equity    
Common Stock 189 189
Class B    
Federated Hermes, Inc. Shareholders’ Equity    
Common Stock $ 468,073 $ 440,953