XML 43 R24.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Earnings Per Share Attributable to Federated Hermes, Inc. Shareholders | 12 Months Ended
--- | ---
Dec. 31, 2024
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 for the years ended December 31:
(in thousands, except per share data) |  | 2024 |  | 2023 |  | 2022
Numerator |  |  |  |  |  |
Net Income Attributable to Federated Hermes, Inc. |  | $ | 268,314 |  |  | $ | 298,980 |  |  | $ | 239,496 |
Less: Total Net Income Available to Participating Unvested Restricted Shareholders 1 |  | (11,605) |  |  | (13,981) |  |  | (11,828) |
Total Net Income Attributable to Federated Hermes Common Stock |  | $ | 256,709 |  |  | $ | 284,999 |  |  | $ | 227,668 |
Denominator |  |  |  |  |  |
Basic Weighted-Average Federated Hermes Common Stock 2 |  | 79,426 |  |  | 83,858 |  |  | 85,762 |
Dilutive Impact from Non-forfeitable Restricted Stock |  | 4 |  |  | 5 |  |  | 4 |
Diluted Weighted-Average Federated Hermes Common Stock 2 |  | 79,430 |  |  | 83,863 |  |  | 85,766 |
Earnings Per Share |  |  |  |  |  |
Net Income Attributable to Federated Hermes Common Stock – Basic and Diluted 2 |  | $ | 3.23 |  |  | $ | 3.40 |  |  | $ | 2.65 |
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.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-3 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration