UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-Q
(Mark One)
X QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
For the quarterly period ended March 31, 1998 OR
------------------------------------
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
For the transition period from to
Commission File Number 001-14818
Federated Investors, Inc.
(Exact name of registrant as specified in its charter)
Incorporated in Pennsylvania 25-1111467
(State or other jurisdiction of
(IRS Employer incorporation or
organization) Identification
No.)
Federated Investors Tower
Pittsburgh, Pennsylvania 15222-3779
(Address of principal executive offices) (Zip Code)
(Registrant's telephone number, including area code) 412-288-1900
Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months (or for such shorter period that the registrant was
required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days. Yes . No X *.
(APPLICABLE ONLY TO CORPORATE ISSUERS)
Indicate the number of shares outstanding of each of the issuer's classes of
common stock, as of the last practicable date: As of May 31, 1998, the
Registrant had outstanding 6,000 shares of Class A Common Stock and 86,337,000
shares of Class B Common Stock.
* Initial S-1 Registration Statement effective May 13, 1998.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
Federated Investors, Inc.
(Registrant)
Date June 16, 1998 By:
J. Christopher Donahue
President and
Chief Executive Officer
Date June 16, 1998 By:
Thomas R. Donahue
Chief Financial Officer and
Principal Accounting Officer
<TABLE> <S> <C>
<ARTICLE> 5
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-END> MAR-31-1998
<CASH> 59,921,000
<SECURITIES> 3,983,000
<RECEIVABLES> 38,610,000
<ALLOWANCES> 4,238,000
<INVENTORY> 0
<CURRENT-ASSETS> 102,312,000
<PP&E> 64,489,000
<DEPRECIATION> 42,959,000
<TOTAL-ASSETS> 388,890,000
<CURRENT-LIABILITIES> 73,155,000
<BONDS> 306,826,000
0
0
<COMMON> 909,000
<OTHER-SE> (21,678,000)
<TOTAL-LIABILITY-AND-EQUITY> 388,890,000
<SALES> 0
<TOTAL-REVENUES> 122,592,000
<CGS> 0
<TOTAL-COSTS> 82,699,000
<OTHER-EXPENSES> 6,152,000
<LOSS-PROVISION> 593,000
<INTEREST-EXPENSE> 5,718,000
<INCOME-PRETAX> 31,745,000
<INCOME-TAX> 10,908,000
<INCOME-CONTINUING> 20,837,000
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 20,837,000
<EPS-PRIMARY> 0.25
<EPS-DILUTED> 0.25
</TABLE>
