$FHI
FEDERATED HERMES, INC.

2011 Q3 Form 10-Q Financial Statement

#000105628811000006 Filed on October 31, 2011

View on sec.gov

Income Statement

Concept 2011 Q3 2010 Q3
Revenue $214.0M $242.2M
YoY Change -11.61% -17.52%
Cost Of Revenue $9.400M $9.400M
YoY Change 0.0% -6.93%
Gross Profit $204.6M $232.8M
YoY Change -12.11% -17.88%
Gross Profit Margin 95.59% 96.13%
Selling, General & Admin $132.4M $149.8M
YoY Change -11.62% -16.87%
% of Gross Profit 64.71% 64.35%
Research & Development $5.825M $5.362M
YoY Change 8.63%
% of Gross Profit 2.85% 2.3%
Depreciation & Amortization $3.200M $5.200M
YoY Change -38.46% -8.77%
% of Gross Profit 1.56% 2.23%
Operating Expenses $5.825M $5.362M
YoY Change 8.63% -97.1%
Operating Profit $67.01M $75.09M
YoY Change -10.76% -23.92%
Interest Expense -$5.200M -$500.0K
YoY Change 940.0% -183.33%
% of Operating Profit -7.76% -0.67%
Other Income/Expense, Net -$5.326M -$548.0K
YoY Change 871.9% 37.0%
Pretax Income $61.69M $74.54M
YoY Change -17.25% -21.45%
Income Tax $23.17M $26.48M
% Of Pretax Income 37.55% 35.52%
Net Earnings $38.32M $43.06M
YoY Change -11.0% -24.46%
Net Earnings / Revenue 17.9% 17.78%
Basic Earnings Per Share
Diluted Earnings Per Share $380.3K $431.0K
COMMON SHARES
Basic Shares Outstanding 100.7M shares
Diluted Shares Outstanding 100.7M shares

Balance Sheet

Concept 2011 Q3 2010 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $322.2M $315.9M
YoY Change 1.99% 261.86%
Cash & Equivalents $132.8M $222.7M
Short-Term Investments $189.4M $93.20M
Other Short-Term Assets $1.222M $20.80M
YoY Change -94.13% -35.2%
Inventory
Prepaid Expenses $16.46M
Receivables $8.573M $20.60M
Other Receivables $0.00 $0.00
Total Short-Term Assets $363.3M $357.3M
YoY Change 1.68% 165.26%
LONG-TERM ASSETS
Property, Plant & Equipment $39.14M $38.30M
YoY Change 2.19% 38.77%
Goodwill $636.2M
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $16.80M $22.30M
YoY Change -24.65% -25.91%
Total Long-Term Assets $781.9M $761.8M
YoY Change 2.63% 6.62%
TOTAL ASSETS
Total Short-Term Assets $363.3M $357.3M
Total Long-Term Assets $781.9M $761.8M
Total Assets $1.145B $1.119B
YoY Change 2.33% 31.78%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $39.90M $47.60M
YoY Change -16.18% -19.59%
Accrued Expenses $49.10M $53.00M
YoY Change -7.36% 3.52%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $42.50M $42.50M
YoY Change 0.0% 120.21%
Total Short-Term Liabilities $186.2M $194.3M
YoY Change -4.15% 6.35%
LONG-TERM LIABILITIES
Long-Term Debt $329.4M $378.5M
YoY Change -12.97% 200.16%
Other Long-Term Liabilities $32.05M $34.80M
YoY Change -7.91% 192.44%
Total Long-Term Liabilities $428.3M $413.3M
YoY Change 3.64% 199.49%
TOTAL LIABILITIES
Total Short-Term Liabilities $186.2M $194.3M
Total Long-Term Liabilities $428.3M $413.3M
Total Liabilities $614.6M $665.9M
YoY Change -7.71% 88.43%
SHAREHOLDERS EQUITY
Retained Earnings $1.065B
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $771.8M
YoY Change
Treasury Stock Shares 25.75M shares
Shareholders Equity $528.9M $453.3M
YoY Change
Total Liabilities & Shareholders Equity $1.145B $1.119B
YoY Change 2.33% 31.78%

Cashflow Statement

Concept 2011 Q3 2010 Q3
OPERATING ACTIVITIES
Net Income $38.32M $43.06M
YoY Change -11.0% -24.46%
Depreciation, Depletion And Amortization $3.200M $5.200M
YoY Change -38.46% -8.77%
Cash From Operating Activities $70.80M $71.30M
YoY Change -0.7% -18.98%
INVESTING ACTIVITIES
Capital Expenditures -$1.400M -$1.500M
YoY Change -6.67% -34.78%
Acquisitions
YoY Change
Other Investing Activities -$47.50M -$12.00M
YoY Change 295.83% 275.0%
Cash From Investing Activities -$49.00M -$13.60M
YoY Change 260.29% 151.85%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -44.30M -41.00M
YoY Change 8.05% -36.63%
NET CHANGE
Cash From Operating Activities 70.80M 71.30M
Cash From Investing Activities -49.00M -13.60M
Cash From Financing Activities -44.30M -41.00M
Net Change In Cash -22.50M 16.70M
YoY Change -234.73% -6.7%
FREE CASH FLOW
Cash From Operating Activities $70.80M $71.30M
Capital Expenditures -$1.400M -$1.500M
Free Cash Flow $72.20M $72.80M
YoY Change -0.82% -19.38%

Facts In Submission

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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:13pt;"><font style="font-family:inherit;font-size:13pt;color:#000000;font-style:italic;text-decoration:none;">(3) Recent Accounting Pronouncements</font><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">(a) Fair Value Measurement</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">On May&#160;12, 2011, the Financial Accounting Standards Board (FASB) issued an update to the accounting standard on fair value measurement. The update amends certain fair value measurement guidance and expands disclosure requirements primarily for fair value measurements utilizing significant unobservable inputs (Level 3) and items not measured at fair value but for which fair value must be disclosed. This update is effective for interim and annual periods beginning after December&#160;15, 2011. Management is currently evaluating the impact this update may have on Federated&#8217;s Consolidated Financial Statements but does not expect the impact to be material.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">(b) Comprehensive Income</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">On June&#160;16, 2011, the FASB issued an update to the accounting standard on the presentation of comprehensive income. The update requires presentation of the components of comprehensive income in either (1)&#160;a continuous statement of comprehensive income or (2)&#160;two separate but consecutive statements. The update, which does not modify the components of comprehensive income, is effective for interim and annual periods beginning after December&#160;15, 2011. As this update affects disclosure only, the adoption of the update will not impact Federated&#8217;s Consolidated Financial Statements.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">(c) Intangibles - Goodwill and Other</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">On September 15, 2011, the FASB issued an update to the accounting standard on intangibles. The update amends guidance on testing goodwill for impairment to permit a qualitative assessment prior to performance of the two-step impairment test. If the result of the qualitative assessment reveals that there are no indicators of impairment, a quantitative calculation would not be required. This update is effective for interim and annual periods beginning after December 15, 2011. Management does not expect the adoption of the update to impact Federated's Consolidated Financial Statements. </font></div><div style="line-height:120%;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;"><br clear="none"/></font></div></div>
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LoansPayableToBankCurrent
42500000 USD
CY2010Q4 us-gaap Long Term Loans From Bank
LongTermLoansFromBank
361250000 USD
CY2011Q3 us-gaap Long Term Loans From Bank
LongTermLoansFromBank
329375000 USD
CY2010Q3 us-gaap Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
3426000 USD
CY2011Q3 us-gaap Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
-2293000 USD
us-gaap Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
835000 USD
us-gaap Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
515000 USD
CY2011Q3 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
3887000 USD
us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
9889000 USD
us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
7480000 USD
CY2010Q3 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
2724000 USD
CY2011Q3 us-gaap Minority Interest
MinorityInterest
1253000 USD
CY2010Q4 us-gaap Minority Interest
MinorityInterest
373000 USD
us-gaap Minority Interest Period Increase Decrease
MinorityInterestPeriodIncreaseDecrease
0 USD
us-gaap Minority Interest Period Increase Decrease
MinorityInterestPeriodIncreaseDecrease
0 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-110824000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
66339000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-105098000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-100108000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
144972000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
170991000 USD
CY2010Q3 us-gaap Net Income Loss
NetIncomeLoss
43056000 USD
us-gaap Net Income Loss
NetIncomeLoss
132713000 USD
CY2011Q3 us-gaap Net Income Loss
NetIncomeLoss
38320000 USD
us-gaap Net Income Loss
NetIncomeLoss
113964000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
2495000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
7820000 USD
CY2010Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
5007000 USD
CY2011Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
200000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-9658000 USD
CY2010Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-548000 USD
CY2011Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-5326000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-7613000 USD
CY2011Q3 us-gaap Occupancy Net
OccupancyNet
6202000 USD
us-gaap Occupancy Net
OccupancyNet
16990000 USD
CY2010Q3 us-gaap Occupancy Net
OccupancyNet
5841000 USD
us-gaap Occupancy Net
OccupancyNet
18436000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
230759000 USD
CY2011Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
67011000 USD
CY2010Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
75088000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
195594000 USD
CY2011Q3 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
2000000 USD
CY2011Q3 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
38000000 USD
CY2010Q4 us-gaap Other Additional Capital
OtherAdditionalCapital
135000 USD
CY2011Q3 us-gaap Other Additional Capital
OtherAdditionalCapital
340000 USD
CY2010 us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
10200000 USD
CY2010Q4 us-gaap Other Assets Current
OtherAssetsCurrent
1311000 USD
CY2011Q3 us-gaap Other Assets Current
OtherAssetsCurrent
1222000 USD
CY2011Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
16802000 USD
CY2010Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
10676000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease
-303000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease
-21000 USD
us-gaap Other Expenses
OtherExpenses
14467000 USD
CY2010Q3 us-gaap Other Expenses
OtherExpenses
4494000 USD
us-gaap Other Expenses
OtherExpenses
10566000 USD
CY2011Q3 us-gaap Other Expenses
OtherExpenses
3906000 USD
us-gaap Other Income
OtherIncome
2182000 USD
CY2010Q3 us-gaap Other Income
OtherIncome
660000 USD
us-gaap Other Income
OtherIncome
1930000 USD
CY2011Q3 us-gaap Other Income
OtherIncome
713000 USD
CY2011Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
54757000 USD
CY2010Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
24532000 USD
CY2011Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
32046000 USD
CY2010Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
32807000 USD
CY2011Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-83000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-310000 USD
CY2010Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-65000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-192000 USD
us-gaap Payments For Proceeds From Other Loans And Leases
PaymentsForProceedsFromOtherLoansAndLeases
44343000 USD
us-gaap Payments For Proceeds From Other Loans And Leases
PaymentsForProceedsFromOtherLoansAndLeases
0 USD
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
6511000 USD
fii Business Acquisition Cost Of Acquired Entity Upfront Cash Paid
BusinessAcquisitionCostOfAcquiredEntityUpfrontCashPaid
6600000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
19867000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
75061000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
203951000 USD
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
58202000 USD
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
72108000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
47975000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
46127000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
5126000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
6820000 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
1521000 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
9670000 USD
CY2011Q3 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
16460000 USD
CY2010Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
15861000 USD
us-gaap Proceeds From Bank Debt
ProceedsFromBankDebt
0 USD
us-gaap Proceeds From Bank Debt
ProceedsFromBankDebt
407000000 USD
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
15153000 USD
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
683000 USD
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
7467000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-2866000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-1836000 USD
us-gaap Proceeds From Payments For Trading Securities
ProceedsFromPaymentsForTradingSecurities
-3448000 USD
us-gaap Proceeds From Payments For Trading Securities
ProceedsFromPaymentsForTradingSecurities
-7823000 USD
us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
45402000 USD
us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
26795000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
3298000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 USD
CY2010Q3 us-gaap Professional Fees
ProfessionalFees
9401000 USD
CY2011Q3 us-gaap Professional Fees
ProfessionalFees
9437000 USD
us-gaap Professional Fees
ProfessionalFees
44171000 USD
us-gaap Professional Fees
ProfessionalFees
9596000 USD
us-gaap Profit Loss
ProfitLoss
140533000 USD
CY2010Q3 us-gaap Profit Loss
ProfitLoss
48063000 USD
us-gaap Profit Loss
ProfitLoss
116459000 USD
CY2011Q3 us-gaap Profit Loss
ProfitLoss
38520000 USD
CY2010Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
38516000 USD
CY2011Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
39139000 USD
CY2011Q3 us-gaap Redeemable Noncontrolling Interest Equity Other Fair Value
RedeemableNoncontrollingInterestEquityOtherFairValue
519000 USD
CY2010Q4 us-gaap Redeemable Noncontrolling Interest Equity Other Fair Value
RedeemableNoncontrollingInterestEquityOtherFairValue
1543000 USD
us-gaap Repayments Of Bank Debt
RepaymentsOfBankDebt
118625000 USD
us-gaap Repayments Of Bank Debt
RepaymentsOfBankDebt
31875000 USD
CY2011Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1064552000 USD
CY2010Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1036571000 USD
us-gaap Revenues
Revenues
706626000 USD
CY2011Q3 us-gaap Revenues
Revenues
214048000 USD
CY2010Q3 us-gaap Revenues
Revenues
242173000 USD
us-gaap Revenues
Revenues
678708000 USD
fii Distribution Expense
DistributionExpense
190068000 USD
CY2011Q3 us-gaap Stockholders Equity
StockholdersEquity
528851000 USD
CY2010Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
492172000 USD
CY2011Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
530104000 USD
CY2010Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
453752000 USD
CY2009Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
528815000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
14464000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
14703000 USD
CY2010Q4 us-gaap Short Term Investments
ShortTermInvestments
134885000 USD
CY2011Q3 us-gaap Short Term Investments
ShortTermInvestments
189393000 USD
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
603418 shares
CY2010 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
486150 shares
CY2010Q4 us-gaap Stockholders Equity
StockholdersEquity
491799000 USD
CY2010Q4 us-gaap Trading Securities Current
TradingSecuritiesCurrent
29200000 USD
CY2011Q3 us-gaap Trading Securities Current
TradingSecuritiesCurrent
35800000 USD
us-gaap Travel And Entertainment Expense
TravelAndEntertainmentExpense
8005000 USD
CY2011Q3 us-gaap Travel And Entertainment Expense
TravelAndEntertainmentExpense
2809000 USD
CY2010Q3 us-gaap Travel And Entertainment Expense
TravelAndEntertainmentExpense
2692000 USD
us-gaap Travel And Entertainment Expense
TravelAndEntertainmentExpense
8501000 USD
CY2011Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
25748016 shares
CY2010Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
25841365 shares
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
1000000 shares
CY2011Q3 us-gaap Treasury Stock Value
TreasuryStockValue
771817000 USD
CY2010Q4 us-gaap Treasury Stock Value
TreasuryStockValue
778609000 USD
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
19104000 USD
fii Other Comprehensive Income Reclassification Adjustment For Sale Of Securities Included In Net Income And Other Comprehensive Income Available For Sale Securities Adjustment Tax Effect
OtherComprehensiveIncomeReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeAndOtherComprehensiveIncomeAvailableForSaleSecuritiesAdjustmentTaxEffect
4247000 USD
CY2010Q4 us-gaap Variable Interest Entity Consolidated Carrying Amount Assets
VariableInterestEntityConsolidatedCarryingAmountAssets
27100000 USD
fii Administrative Service Fees From Affiliates
AdministrativeServiceFeesFromAffiliates
163527000 USD
CY2010Q3 fii Administrative Service Fees From Affiliates
AdministrativeServiceFeesFromAffiliates
53085000 USD
fii Administrative Service Fees From Affiliates
AdministrativeServiceFeesFromAffiliates
161233000 USD
CY2011Q3 fii Administrative Service Fees From Affiliates
AdministrativeServiceFeesFromAffiliates
54928000 USD
CY2011Q3 fii Advance Insurance Proceeds
AdvanceInsuranceProceeds
10000000 USD
fii Advances Of Deferred Sales Commissions
AdvancesOfDeferredSalesCommissions
8095000 USD
fii Advances Of Deferred Sales Commissions
AdvancesOfDeferredSalesCommissions
6765000 USD
CY2010 fii Amount Included In Intangible Asset Impairment And Amortization
AmountIncludedInIntangibleAssetImpairmentAndAmortization
8200000 USD
CY2010Q4 fii Available For Sale Securities Classified Balance Sheet
AvailableForSaleSecuritiesClassifiedBalanceSheet
105700000 USD
CY2011Q3 fii Available For Sale Securities Classified Balance Sheet
AvailableForSaleSecuritiesClassifiedBalanceSheet
153600000 USD
CY2010Q4 fii Business Acquisition Contingent Consideration At Fair Value Current At Balance Sheet Date
BusinessAcquisitionContingentConsiderationAtFairValueCurrentAtBalanceSheetDate
5300000 USD
CY2011Q3 us-gaap Variable Interest Entity Consolidated Carrying Amount Assets
VariableInterestEntityConsolidatedCarryingAmountAssets
51000000 USD
CY2011Q3 us-gaap Variable Interest Entity Consolidated Carrying Amount Liabilities
VariableInterestEntityConsolidatedCarryingAmountLiabilities
18700000 USD
CY2010Q4 us-gaap Variable Interest Entity Consolidated Carrying Amount Liabilities
VariableInterestEntityConsolidatedCarryingAmountLiabilities
200000 USD
CY2011Q3 us-gaap Variable Interest Entity Nonconsolidated Carrying Amount Assets
VariableInterestEntityNonconsolidatedCarryingAmountAssets
2000000 USD
CY2010Q4 us-gaap Variable Interest Entity Nonconsolidated Carrying Amount Assets
VariableInterestEntityNonconsolidatedCarryingAmountAssets
12800000 USD
CY2011Q3 fii Accrued Subscription Payable
AccruedSubscriptionPayable
18000000 USD
CY2011Q3 fii Accumulated Amortization Deferred Sales Commission Asset
AccumulatedAmortizationDeferredSalesCommissionAsset
5873000 USD
CY2010Q4 fii Accumulated Amortization Deferred Sales Commission Asset
AccumulatedAmortizationDeferredSalesCommissionAsset
57480000 USD
CY2010Q3 fii Cash Invested In Sponsored Fund
CashInvestedInSponsoredFund
2700000 USD
CY2011Q3 fii Collateralized Debt Obligations Original Expected Maturity
CollateralizedDebtObligationsOriginalExpectedMaturity
12
fii Comprehensive Income Not Yet Adopted
ComprehensiveIncomeNotYetAdopted
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">On June&#160;16, 2011, the FASB issued an update to the accounting standard on the presentation of comprehensive income. The update requires presentation of the components of comprehensive income in either (1)&#160;a continuous statement of comprehensive income or (2)&#160;two separate but consecutive statements. The update, which does not modify the components of comprehensive income, is effective for interim and annual periods beginning after December&#160;15, 2011. As this update affects disclosure only, the adoption of the update will not impact Federated&#8217;s Consolidated Financial Statements.</font></div></div>
fii Contingent Deferred Sales Charges Received
ContingentDeferredSalesChargesReceived
1761000 USD
fii Contingent Deferred Sales Charges Received
ContingentDeferredSalesChargesReceived
1191000 USD
CY2010 fii Customer Relationship Intangible Assets Value After Impairment
CustomerRelationshipIntangibleAssetsValueAfterImpairment
2000000 USD
CY2011Q2 fii Debt Instrument Amendment Closing Costs
DebtInstrumentAmendmentClosingCosts
1800000 USD
fii Debt Instrument Principal Payment At Maturity
DebtInstrumentPrincipalPaymentAtMaturity
28300000 USD
CY2010Q4 fii Deconsolidated Variable Interest Entities Redeemable Noncontrolling Interest In Subsidiaries
DeconsolidatedVariableInterestEntitiesRedeemableNoncontrollingInterestInSubsidiaries
21300000 USD
CY2011Q3 fii Deconsolidated Variable Interest Entities Redeemable Noncontrolling Interest In Subsidiaries
DeconsolidatedVariableInterestEntitiesRedeemableNoncontrollingInterestInSubsidiaries
7600000 USD
fii Deconsolidations Of Sponsored Investment Funds
DeconsolidationsOfSponsoredInvestmentFunds
0 USD
fii Decrease In Distribution Expenses
DecreaseInDistributionExpenses
170500000 USD
fii Decrease In Distribution Expenses
DecreaseInDistributionExpenses
138900000 USD
fii Decrease In Net Income Attributable To Noncontrolling Interests
DecreaseInNetIncomeAttributableToNoncontrollingInterests
5500000 USD
fii Decrease In Net Income Attributable To Noncontrolling Interests
DecreaseInNetIncomeAttributableToNoncontrollingInterests
900000 USD
CY2010Q4 fii Decrease In Pre Tax Income
DecreaseInPreTaxIncome
12100000 USD
CY2011Q2 fii Decrease In Pre Tax Income
DecreaseInPreTaxIncome
19400000 USD
fii Decrease In Pre Tax Income
DecreaseInPreTaxIncome
41800000 USD
CY2011Q1 fii Decrease In Pre Tax Income
DecreaseInPreTaxIncome
13100000 USD
fii Decrease In Pre Tax Income
DecreaseInPreTaxIncome
55700000 USD
CY2010Q3 fii Decrease In Pre Tax Income
DecreaseInPreTaxIncome
11000000 USD
CY2011Q3 fii Decrease In Pre Tax Income
DecreaseInPreTaxIncome
23200000 USD
CY2011Q3 fii Deferred Sales Commission Asset
DeferredSalesCommissionAsset
9903000 USD
CY2010Q4 fii Deferred Sales Commission Asset
DeferredSalesCommissionAsset
10317000 USD
fii Distribution Expense
DistributionExpense
176930000 USD
CY2011Q3 fii Distribution Expense
DistributionExpense
54440000 USD
CY2010Q3 fii Distribution Expense
DistributionExpense
68800000 USD
fii Dividends Declared Distributions To Noncontrolling Interest In Subsidiaries
DividendsDeclaredDistributionsToNoncontrollingInterestInSubsidiaries
76536000 USD
fii Dividends Declared Distributions To Noncontrolling Interest In Subsidiaries
DividendsDeclaredDistributionsToNoncontrollingInterestInSubsidiaries
210959000 USD
fii Employee Incentive Compensation Fund Bonus Payable Succeeding Fiscal Year
EmployeeIncentiveCompensationFundBonusPayableSucceedingFiscalYear
500000 USD
CY2011Q3 fii Employee Incentive Compensation Maximum Bonus Payable Over Remaining Terms
EmployeeIncentiveCompensationMaximumBonusPayableOverRemainingTerms
68000000 USD
CY2011Q3 fii Equity Method Investee Assets Under Management
EquityMethodInvesteeAssetsUnderManagement
800000000 USD
fii Equity Profit Loss
EquityProfitLoss
116348000 USD
fii Equity Profit Loss
EquityProfitLoss
140133000 USD
fii Fair Value Measurement Not Yet Adopted
FairValueMeasurementNotYetAdopted
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">On May&#160;12, 2011, the Financial Accounting Standards Board (FASB) issued an update to the accounting standard on fair value measurement. The update amends certain fair value measurement guidance and expands disclosure requirements primarily for fair value measurements utilizing significant unobservable inputs (Level 3) and items not measured at fair value but for which fair value must be disclosed. This update is effective for interim and annual periods beginning after December&#160;15, 2011. Management is currently evaluating the impact this update may have on Federated&#8217;s Consolidated Financial Statements but does not expect the impact to be material.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div>
CY2010 fii Fixed Assets Value After Impairment
FixedAssetsValueAfterImpairment
700000 USD
fii Gain Loss On Sale Of Assets
GainLossOnSaleOfAssets
2443000 USD
fii Gain Loss On Sale Of Assets
GainLossOnSaleOfAssets
663000 USD
fii Intangible Asset Related
IntangibleAssetRelated
6672000 USD
CY2010Q3 fii Intangible Asset Related
IntangibleAssetRelated
3397000 USD
fii Intangible Asset Related
IntangibleAssetRelated
16522000 USD
CY2011Q3 fii Intangible Asset Related
IntangibleAssetRelated
1263000 USD
fii Investment Advisory Fees From Affiliates
InvestmentAdvisoryFeesFromAffiliates
428364000 USD
CY2010Q3 fii Investment Advisory Fees From Affiliates
InvestmentAdvisoryFeesFromAffiliates
148051000 USD
CY2011Q3 fii Investment Advisory Fees From Affiliates
InvestmentAdvisoryFeesFromAffiliates
123510000 USD
fii Investment Advisory Fees From Affiliates
InvestmentAdvisoryFeesFromAffiliates
400754000 USD
CY2011Q3 fii Line Of Credit Facility Facility Fee Basis Points
LineOfCreditFacilityFacilityFeeBasisPoints
15
CY2011Q4 fii Line Of Credit Facility Prior To Amendment
LineOfCreditFacilityPriorToAmendment
200000000 USD
CY2010Q2 fii Loans Payable To Bank Prior To Amendment
LoansPayableToBankPriorToAmendment
425000000 USD
CY2010 fii Noncompete Agreement Intangible Assets Value After Impairment
NoncompeteAgreementIntangibleAssetsValueAfterImpairment
800000 USD
CY2011Q3 fii Operating Leases Future Minimum Payments Due In Two Years Through Five Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYearsThroughFiveYears
6000000 USD
fii Other Comprehensive Income Reclassification Adjustment For Derivatives And Other Comprehensive Income Change In Market Value Of Derivatives Tax Effect
OtherComprehensiveIncomeReclassificationAdjustmentForDerivativesAndOtherComprehensiveIncomeChangeInMarketValueOfDerivativesTaxEffect
2107000 USD
fii Other Comprehensive Income Reclassification Adjustment For Derivatives And Other Comprehensive Income Change In Market Value Of Derivatives Tax Effect
OtherComprehensiveIncomeReclassificationAdjustmentForDerivativesAndOtherComprehensiveIncomeChangeInMarketValueOfDerivativesTaxEffect
6433000 USD
fii Other Comprehensive Income Reclassification Adjustment For Sale Of Securities Included In Net Income And Other Comprehensive Income Available For Sale Securities Adjustment Tax Effect
OtherComprehensiveIncomeReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeAndOtherComprehensiveIncomeAvailableForSaleSecuritiesAdjustmentTaxEffect
-662000 USD
fii Other Comprehensive Income Unrealized Loss On Interest Rate Swap Net Of Reclassification Adjustment After Tax
OtherComprehensiveIncomeUnrealizedLossOnInterestRateSwapNetOfReclassificationAdjustmentAfterTax
11947000 USD
fii Other Comprehensive Income Unrealized Loss On Securities Available For Sale Net Of Reclassification Adjustment After Tax
OtherComprehensiveIncomeUnrealizedLossOnSecuritiesAvailableForSaleNetOfReclassificationAdjustmentAfterTax
5813000 USD
CY2010Q4 fii Other Intangible Assets Accumulated Amortization
OtherIntangibleAssetsAccumulatedAmortization
112502000 USD
CY2010Q4 fii Total Remaining Carrying Value Of Investment And Maximum Risk Of Loss In Sponsored Investment Funds
TotalRemainingCarryingValueOfInvestmentAndMaximumRiskOfLossInSponsoredInvestmentFunds
297000000 USD
CY2011Q3 fii Other Intangible Assets Accumulated Amortization
OtherIntangibleAssetsAccumulatedAmortization
58274000 USD
CY2011Q3 fii Other Intangible Assets Net Excluding Goodwill
OtherIntangibleAssetsNetExcludingGoodwill
15240000 USD
CY2010Q4 fii Other Intangible Assets Net Excluding Goodwill
OtherIntangibleAssetsNetExcludingGoodwill
21012000 USD
CY2010Q3 fii Other Loans Held For Sale Invested In Sponsored Fund
OtherLoansHeldForSaleInvestedInSponsoredFund
43400000 USD
CY2010Q3 fii Other Service Fees Affiliates Net
OtherServiceFeesAffiliatesNet
21788000 USD
fii Other Service Fees Affiliates Net
OtherServiceFeesAffiliatesNet
55790000 USD
fii Other Service Fees Affiliates Net
OtherServiceFeesAffiliatesNet
60160000 USD
CY2011Q3 fii Other Service Fees Affiliates Net
OtherServiceFeesAffiliatesNet
16056000 USD
fii Proceeds From New Borrowings Nonrecourse
ProceedsFromNewBorrowingsNonrecourse
0 USD
fii Proceeds From New Borrowings Nonrecourse
ProceedsFromNewBorrowingsNonrecourse
271000 USD
fii Proceeds From Sale Of Certain B Share Related Future Revenue
ProceedsFromSaleOfCertainBShareRelatedFutureRevenue
1223000 USD
fii Proceeds From Sale Of Certain B Share Related Future Revenue
ProceedsFromSaleOfCertainBShareRelatedFutureRevenue
0 USD
fii Remaining Net Book Value Of Intangible Assets Previously Impaired
RemainingNetBookValueOfIntangibleAssetsPreviouslyImpaired
3000000 USD
CY2011Q3 fii Renewable Investment Advisory Rights
RenewableInvestmentAdvisoryRights
64600000 USD
CY2010Q4 fii Renewable Investment Advisory Rights
RenewableInvestmentAdvisoryRights
64500000 USD
fii Repayments Of Nonrecourse Debt
RepaymentsOfNonrecourseDebt
7383000 USD
fii Repayments Of Nonrecourse Debt
RepaymentsOfNonrecourseDebt
3775000 USD
fii Stock Award Activity
StockAwardActivity
14835000 USD
fii Stock Award Activity
StockAwardActivity
15472000 USD
fii Stock Issued During Period Value Stock Options Exercised And Stock Options Expired During Period Value
StockIssuedDuringPeriodValueStockOptionsExercisedAndStockOptionsExpiredDuringPeriodValue
11157000 USD
fii Stock Issued During Period Value Stock Options Exercised And Stock Options Expired During Period Value
StockIssuedDuringPeriodValueStockOptionsExercisedAndStockOptionsExpiredDuringPeriodValue
924000 USD
fii Tax Benefit From Share Based Compensation
TaxBenefitFromShareBasedCompensation
128000 USD
fii Tax Benefit From Share Based Compensation
TaxBenefitFromShareBasedCompensation
1536000 USD
CY2011Q3 fii Total Remaining Carrying Value Of Investment And Maximum Risk Of Loss In Sponsored Investment Funds
TotalRemainingCarryingValueOfInvestmentAndMaximumRiskOfLossInSponsoredInvestmentFunds
270800000 USD
CY2011Q3 fii Variable Interest Entity Deconsolidated Investments
VariableInterestEntityDeconsolidatedInvestments
17700000 USD
CY2010Q4 fii Variable Interest Entity Deconsolidated Investments
VariableInterestEntityDeconsolidatedInvestments
22000000 USD
CY2011Q3 fii Variable Interest Entity Nonconsolidated Sponsored Investment Funds Cash
VariableInterestEntityNonconsolidatedSponsoredInvestmentFundsCash
99200000 USD
CY2010Q4 fii Variable Interest Entity Nonconsolidated Sponsored Investment Funds Cash
VariableInterestEntityNonconsolidatedSponsoredInvestmentFundsCash
191200000 USD
CY2010Q4 fii Variable Interest Entity Nonconsolidated Sponsored Investment Funds Investments
VariableInterestEntityNonconsolidatedSponsoredInvestmentFundsInvestments
105800000 USD
CY2011Q3 fii Variable Interest Entity Nonconsolidated Sponsored Investment Funds Investments
VariableInterestEntityNonconsolidatedSponsoredInvestmentFundsInvestments
171600000 USD
CY2011Q3 fii Variable Interest In Cdo Equity Interest Limit Maximum
VariableInterestInCdoEquityInterestLimitMaximum
0.25
fii Voluntary Waiver Of Fees To Maintain Positive Or Zero Net Yields
VoluntaryWaiverOfFeesToMaintainPositiveOrZeroNetYields
181600000 USD
fii Voluntary Waiver Of Fees To Maintain Positive Or Zero Net Yields
VoluntaryWaiverOfFeesToMaintainPositiveOrZeroNetYields
231700000 USD
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2011
dei Document Period End Date
DocumentPeriodEndDate
2011-09-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0001056288
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
FEDERATED INVESTORS INC /PA/
dei Trading Symbol
TradingSymbol
FII

Files In Submission

Name View Source Status
0001056288-11-000006-index-headers.html Edgar Link pending
0001056288-11-000006-index.html Edgar Link pending
0001056288-11-000006.txt Edgar Link pending
0001056288-11-000006-xbrl.zip Edgar Link pending
exhibit101.htm Edgar Link pending
exhibit311.htm Edgar Link pending
exhibit312.htm Edgar Link pending
exhibit32.htm Edgar Link pending
fii-20110930.xml Edgar Link completed
fii-20110930.xsd Edgar Link pending
fii-20110930_cal.xml Edgar Link unprocessable
fii-20110930_def.xml Edgar Link unprocessable
fii-20110930_lab.xml Edgar Link unprocessable
fii-20110930_pre.xml Edgar Link unprocessable
fii-2011930x10q.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
foramendment7clipimage002.jpg Edgar Link pending
foramendment7clipimage003.jpg Edgar Link pending
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report.css Edgar Link pending
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