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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Current Assets    
Cash and Cash Equivalents $ 253,732 $ 301,819
Investments—Consolidated Investment Companies 98,925 91,359
Investments—Affiliates and Other 71,544 45,593
Receivables, net of reserve of $16 and $16, respectively 64,709 64,857
Receivables—Affiliates 32,776 41,107
Prepaid Expenses 34,115 22,130
Other Current Assets 8,398 8,478
Total Current Assets 564,199 575,343
Long-Term Assets    
Goodwill 801,941 800,267
Intangible Assets, net of accumulated amortization of $33,583 and $26,372, respectively 479,515 481,753
Property and Equipment, net of accumulated depreciation of $113,757 and $106,317, respectively 48,413 52,610
Right-of-Use Assets, net 116,370 122,078
Other Long-Term Assets 34,510 28,788
Total Long-Term Assets 1,480,749 1,485,496
Total Assets 2,044,948 2,060,839
Current Liabilities    
Accounts Payable and Accrued Expenses 65,460 61,736
Accrued Compensation and Benefits 101,744 170,646
Lease Liabilities 17,099 15,845
Other Current Liabilities 28,870 17,219
Total Current Liabilities 213,173 265,446
Long-Term Liabilities    
Long-Term Debt 65,000 75,000
Long-Term Deferred Tax Liability, net 205,985 187,937
Long-Term Lease Liabilities 114,490 121,922
Other Long-Term Liabilities 32,901 36,550
Total Long-Term Liabilities 418,376 421,409
Total Liabilities 631,549 686,855
Commitments and Contingencies (Note (15))
TEMPORARY EQUITY    
Redeemable Noncontrolling Interest in Subsidiaries 251,469 236,987
Federated Hermes, Inc. Shareholders' Equity    
Retained Earnings 1,091,976 1,027,699
Treasury Stock, at Cost, 11,947,439 and 10,174,013 Shares Class B Common Stock, respectively (386,104) (324,731)
Accumulated Other Comprehensive Income (Loss), net of tax 20,224 15,171
Total Permanent Equity 1,161,930 1,136,997
Total Liabilities, Temporary Equity and Permanent Equity 2,044,948 2,060,839
Class A    
Federated Hermes, Inc. Shareholders' Equity    
Common Stock 189 189
Class B    
Federated Hermes, Inc. Shareholders' Equity    
Common Stock $ 435,645 $ 418,669