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Summary Of Significant Accounting Policies (Tables)
 3 Months Ended
Mar. 31, 2013
Accounting Policies [Abstract]  
Calculation Of Basic And Diluted Earnings Per Share
The calculations of basic and diluted earnings per share for the three months ended March 31, 2013 and 2012 are: 
 
For the Three Months Ended March 31, 2013
 
Income
(Numerator)
 
Shares
(Denominator)
 
Per Share
Amount
Basic earnings per common share
$
71,920

 
172,598

 
$
0.42

Dilutive effect of stock options
—

 
3,407

 
 
Diluted earnings per common share
$
71,920

 
176,005

 
$
0.41

 
 
For the Three Months Ended March 31, 2012
 
Income
(Numerator)
 
Shares
(Denominator)
 
Per Share
Amount
Basic earnings per common share
$
49,965

 
176,348

 
$
0.28

Dilutive effect of stock options
—

 
1,320

 
 
Diluted earnings per common share
$
49,965

 
177,668

 
$
0.28

Employee stock options to purchase 6,863,000 and 14,329,000 shares of common stock, with an average exercise price of $28.05 and $23.43, were outstanding during the three months ended March 31, 2013 and 2012, respectively, but not included in the computation of diluted earnings per common share because the effect on diluted earnings per common share would have been anti-dilutive.
 
 
 
 
 
 
 
 
 
 
 
 
 
Adjustments To Reconcile Net Income To Net Cash Provided By Operating Activities
The following table provides the details of the adjustments to reconcile net income to net cash provided by operating activities for the three months ended March 31: 
 
2013
 
2012
Net income
$
72,270

 
$
50,235

Adjustments to reconcile net income to net cash provided by operating activities:
 
 
 
Depreciation
5,704

 
5,432

Amortization
8,242

 
7,622

Equity in earnings of unconsolidated affiliates
(27,588
)
 
(27,330
)
Distributions received from unconsolidated affiliate
27,821

 
21,593

Stock-based compensation
5,293

 
4,033

Provision for losses on receivables
216

 
(48
)
Deferred income tax expense
(7,730
)
 
(517
)
Gain from sale of SEI AK (See Note 13)
(22,112
)
 
—

Net realized gains from investments
(280
)
 
(3,205
)
Change in other long-term liabilities
368

 
2,556

Change in other assets
2,832

 
(1,385
)
Other
(7,996
)
 
2,656

Change in current asset and liabilities
 
 
 
Decrease (increase) in
 
 
 
Restricted cash for broker-dealer operations
500

 
—

Receivables from regulated investment companies
(5,473
)
 
(9,183
)
Receivables
(9,127
)
 
(4,413
)
Other current assets
(2,466
)
 
(1,687
)
Increase (decrease) in
 
 
 
Accounts payable
(4,618
)
 
242

Accrued liabilities
4,571

 
(6,575
)
Deferred revenue
(952
)
 
(802
)
Total adjustments
(32,795
)
 
(11,011
)
Net cash provided by operating activities
$
39,475

 
$
39,224


Reclassifications
Certain prior year amounts have been reclassified to conform to current year presentation.