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Summary of Significant Accounting Policies (Tables)
 6 Months Ended
Jun. 30, 2014
Accounting Policies [Abstract]  
Calculation Of Basic And Diluted Earnings Per Share
The calculations of basic and diluted earnings per share for the six months ended June 30, 2014 and 2013 are:
 
For the Six Months Ended June 30, 2014
 
Income
(Numerator)
 
Shares
(Denominator)
 
Per Share
Amount
Basic earnings per common share
$
157,633

 
168,956,000

 
$
0.93

Dilutive effect of stock options
—

 
4,110,000

 
 
Diluted earnings per common share
$
157,633

 
173,066,000

 
$
0.91

 
 
For the Six Months Ended June 30, 2013
 
Income
(Numerator)
 
Shares
(Denominator)
 
Per Share
Amount
Basic earnings per common share
$
155,414

 
172,411,000

 
$
0.90

Dilutive effect of stock options
—

 
3,621,000

 
 
Diluted earnings per common share
$
155,414

 
176,032,000

 
$
0.88

The calculations of basic and diluted earnings per share for the three months ended June 30, 2014 and 2013 are:
 
For the Three Months Ended June 30, 2014
 
Income
(Numerator)
 
Shares
(Denominator)
 
Per Share
Amount
Basic earnings per common share
$
82,813

 
168,606,000

 
$
0.49

Dilutive effect of stock options
—

 
3,698,000

 
 
Diluted earnings per common share
$
82,813

 
172,304,000

 
$
0.48


 
For the Three Months Ended June 30, 2013
 
Income
(Numerator)
 
Shares
(Denominator)
 
Per Share
Amount
Basic earnings per common share
$
83,494

 
172,223,000

 
$
0.48

Dilutive effect of stock options
—

 
3,835,000

 
 
Diluted earnings per common share
$
83,494

 
176,058,000

 
$
0.47
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 six months ended June 30:
 
2014
 
2013
Net income
$
157,633

 
$
155,764

Adjustments to reconcile net income to net cash provided by operating activities:
 
 
 
Depreciation
10,915

 
11,434

Amortization
18,798

 
16,669

Equity in earnings of unconsolidated affiliates
(66,117
)
 
(55,176
)
Distributions received from unconsolidated affiliate
69,470

 
53,797

Stock-based compensation
5,695

 
15,900

Provision for losses on receivables
227

 
483

Deferred income tax expense
5,270

 
(10,000
)
Gain from sale of SEI AK
(5,582
)
 
(22,112
)
Net gain from investments
(527
)
 
(103
)
Change in other long-term liabilities
1,113

 
825

Change in other assets
(2,564
)
 
559

Other
1,443

 
(7,251
)
Change in current asset and liabilities
 
 
 
Decrease (increase) in
 
 
 
Restricted cash for broker-dealer operations
—

 
500

Receivables from regulated investment companies
(4,680
)
 
(4,874
)
Receivables
(21,245
)
 
(16,407
)
Other current assets
(5,392
)
 
344

Increase (decrease) in
 
 
 
Accounts payable
(7,765
)
 
(9,433
)
Accrued liabilities
(13,061
)
 
(6,467
)
Deferred revenue
(639
)
 
(1,138
)
Total adjustments
(14,641
)
 
(32,450
)
Net cash provided by operating activities
$
142,992

 
$
123,314