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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenue        
Revenue from Contract with Customer, Excluding Assessed Tax $ 255,993 $ 272,796 $ 519,845 $ 546,297
Operating Expenses        
Compensation and Related 74,147 71,370 152,521 144,772
Distribution 69,446 87,174 141,945 177,533
Professional Service Fees 9,278 6,116 18,908 13,194
Systems and Communications 7,751 8,041 16,184 16,266
Office and Occupancy 7,365 7,161 14,906 14,513
Travel and Related 3,523 2,958 6,344 5,893
Advertising and Promotional 3,237 3,095 6,465 6,051
Other 489 2,670 2,144 6,091
Total Operating Expenses 175,236 188,585 359,417 384,313
Operating Income 80,757 84,211 160,428 161,984
Nonoperating (Expenses) Income        
Investment Income, net 2,192 1,703 4,092 3,355
(Loss) Gain on Securities, net (815) 2,234 (1,997) 4,796
Debt Expense (1,431) (1,182) (2,761) (2,283)
Other, net (28,974) (33) (29,117) (34)
Total Nonoperating (Expenses) Income, net (29,028) 2,722 (29,783) 5,834
Income Before Income Taxes 51,729 86,933 130,645 167,818
Income Tax Provision 13,062 32,274 31,972 62,132
Net Income Including the Noncontrolling Interests in Subsidiaries 38,667 54,659 98,673 105,686
Less: Net (Loss) Income Attributable to the Noncontrolling Interests in Subsidiaries (155) 1,208 (480) 2,594
Net Income $ 38,822 $ 53,451 $ 99,153 $ 103,092
Amounts Attributable to Federated Investors, Inc.        
Earnings Per Common Share—Basic and Diluted [1] $ 0.38 $ 0.53 $ 0.98 $ 1.01
Cash Dividends Per Share $ 0.27 $ 0.25 $ 0.52 $ 0.50
Investment Advice-Affiliates [Member]        
Revenue        
Revenue from Contract with Customer, Excluding Assessed Tax $ 130,531 $ 145,205 $ 265,762 $ 293,124
Investment Advice-Other [Member]        
Revenue        
Revenue from Contract with Customer, Excluding Assessed Tax 37,596 34,117 76,631 67,515
Administrative Service [Member]        
Revenue        
Revenue from Contract with Customer, Excluding Assessed Tax 48,370 45,601 97,393 92,302
Distribution and Shareholder Service [Member]        
Revenue        
Revenue from Contract with Customer, Excluding Assessed Tax 39,496 46,414 80,059 90,373
Financial Service, Other [Member]        
Revenue        
Revenue from Contract with Customer, Excluding Assessed Tax $ 0 $ 1,459 $ 0 $ 2,983
[1] Federated Common Stock excludes unvested restricted shares which are deemed participating securities in accordance with the two-class method of computing earnings per share.