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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, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Net income attributable to Federated Investors, Inc. $ 54,925 $ 44,131 $ 153,077 $ 122,197
Less: Total income available to participating unvested restricted shareholders, basic [1] (2,035) (1,691) (5,987) (4,837)
Less: Total income available to participating unvested restricted shareholders, diluted [1] (2,035) (1,691) (5,987) (4,837)
Total net income attributable to Federated Common Stock, basic [2] 52,890 42,440 147,090 117,360
Total net income attributable to Federated Common Stock, diluted [2] $ 52,890 $ 42,440 $ 147,090 $ 117,360
Basic weighted-average common shares outstanding 98,805 100,449 99,397 100,606
Dilutive potential shares from stock options 1 2 1 1
Diluted weighted-average common shares outstanding 98,806 100,451 99,398 100,607
Net income attributable to Federated Common Stock - Basic and Diluted [2] $ 0.54 $ 0.42 $ 1.48 $ 1.17
[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 shares which are deemed participating securities in accordance with the two-class method of computing earnings per share.