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Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2014
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, 2014 and 2013 are:
 
For the Three Months Ended March 31, 2014
 
Income
(Numerator)
 
Shares
(Denominator)
 
Per Share
Amount
Basic earnings per common share
$
74,820

 
169,306,000

 
$
0.44

Dilutive effect of stock options

 
4,522,000

 
 
Diluted earnings per common share
$
74,820

 
173,828,000

 
$
0.43


 
For the Three Months Ended March 31, 2013
 
Income
(Numerator)
 
Shares
(Denominator)
 
Per Share
Amount
Basic earnings per common share
$
71,920

 
172,598,000

 
$
0.42

Dilutive effect of stock options

 
3,407,000

 
 
Diluted earnings per common share
$
71,920

 
176,005,000

 
$
0.41

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:
 
2014
 
2013
Net income
$
74,820

 
$
72,270

Adjustments to reconcile net income to net cash provided by operating activities:
 
 
 
Depreciation
5,584

 
5,704

Amortization
9,214

 
8,242

Equity in earnings of unconsolidated affiliates
(31,891
)
 
(27,588
)
Distributions received from unconsolidated affiliate
31,505

 
27,821

Stock-based compensation
2,823

 
5,293

Provision for losses on receivables
(25
)
 
216

Deferred income tax expense
4,686

 
(7,730
)
Gain from sale of SEI AK
(5,582
)
 
(22,112
)
Net gain from investments
(136
)
 
(280
)
Change in other long-term liabilities
705

 
368

Change in other assets
(3,273
)
 
2,832

Other
(1,901
)
 
(7,996
)
Change in current asset and liabilities
 
 
 
Decrease (increase) in
 
 
 
Restricted cash for broker-dealer operations

 
500

Receivables from regulated investment companies
(3,908
)
 
(5,473
)
Receivables
(15,453
)
 
(9,127
)
Other current assets
(3,266
)
 
(2,466
)
Increase (decrease) in
 
 
 
Accounts payable
(7,862
)
 
(4,618
)
Accrued liabilities
(12,199
)
 
4,571

Deferred revenue
101

 
(952
)
Total adjustments
(30,878
)
 
(32,795
)
Net cash provided by operating activities
$
43,942

 
$
39,475