Revenue from Contracts with Customers (Tables)

9 Months Ended

Sep. 30, 2018

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

Revenue from Contracts with Customers

The following table presents Federated's revenue disaggregated by asset class:

	Three Months Ended		Nine Months Ended
(in thousands)	September 30, 2018		September 30, 2018
Equity	$	138,624	$	344,323
Money Market	101,257		304,662
Fixed-Income	45,897		135,442
Other1	22,838		44,034
Total Revenue	$	308,616	$	828,461

1 Includes Alternative / Private Markets (including but not limited to private equity, real estate and infrastructure), Multi-Asset and stewardship services revenue.

The following table presents Federated's revenue disaggregated by performance obligation:

	Three Months Ended		Nine Months Ended
(in thousands)	September 30, 2018		September 30, 2018
Asset Management1	$	217,036	$	559,429
Administrative Services	49,855		147,248
Distribution2	36,226		111,206
Other3	5,499		10,578
Total Revenue	$	308,616	$	828,461

1 The performance obligation may include administrative, distribution and other services recorded as a single asset management fee under Topic 606, as it is part of a unitary fee arrangement with a single performance obligation.

2 The performance obligation is satisfied at a point in time and may include CDSC's and upfront commissions. A portion of this revenue relates to a performance obligation that has been satisfied in a prior period.

3 Includes shareholder service fees and stewardship services revenue.

The following table presents Federated's revenue disaggregated by geographical market:

	Three Months Ended		Nine Months Ended
(in thousands)	September 30, 2018		September 30, 2018
Domestic	$	251,683	$	756,647
Foreign1	56,933		71,814
Total Revenue	$	308,616	$	828,461

1 This represents revenue earned by non-U.S. domiciled subsidiaries.

The following table presents Federated's revenue disaggregated by product type:

	Three Months Ended		Nine Months Ended
(in thousands)	September 30, 2018		September 30, 2018
Federated Funds	$	248,428	$	691,641
Separate Accounts	57,508		134,140
Other1	2,680		2,680
Total Revenue	$	308,616	$	828,461

1 Includes stewardship services revenue.