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Earnings Per Share Attributable to Federated Investors, Inc. Shareholders Computation of Basic and Diluted Earnings Per Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Net income attributable to Federated Investors, Inc. $ 44,131 $ 37,560 $ 122,197 $ 109,623
Less: Total income available to participating unvested restricted shareholders, basic [1] (1,691) (1,467) (4,837) (4,334)
Less: Total income available to participating unvested restricted shareholders, diluted [1] (1,691) (1,467) (4,837) (4,334)
Total net income attributable to Federated Common Stock (Basic) [2] 42,440 36,093 117,360 105,289
Total net income attributable to Federated Common Stock (Diluted) [2] $ 42,440 $ 36,093 $ 117,360 $ 105,289
Basic weighted-average common shares outstanding 100,449 100,729 100,606 100,748
Dilutive potential shares from stock options 2 2 1 1
Diluted weighted-average common shares outstanding 100,451 100,731 100,607 100,749
Net income attributable to Federated Common Stock - Basic and Diluted [2] $ 0.42 $ 0.36 $ 1.17 $ 1.05
[1] Income available to participating unvested restricted shareholders includes dividends paid on unvested restricted shares and their proportionate share of undistributed earnings.
[2] Federated Common Stock excludes unvested restricted stock which are deemed participating securities in accordance with the two-class method of computing earnings per share.