XML 52 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
 3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Revenues:        
Asset management, administration and distribution fees $ 244,704 $ 208,780 $ 705,966 $ 611,135
Information processing and software servicing fees 70,020 64,606 215,026 191,606
Transaction-based and trade execution fees 7,323 7,269 22,256 24,367
Total revenues 322,047 280,655 943,248 827,108
Expenses:        
Subadvisory, distribution and other asset management costs 39,737 31,209 110,993 88,795
Software royalties and other information processing costs 8,562 7,541 25,532 22,912
Brokerage commissions 5,119 5,519 16,217 18,291
Compensation, benefits and other personnel 94,316 89,311 281,210 264,636
Stock-based compensation 3,786 11,097 9,481 26,997
Consulting, outsourcing and professional fees 34,946 33,367 103,283 98,667
Data processing and computer related 13,555 12,654 39,553 37,028
Facilities, supplies and other costs 16,136 13,573 49,354 47,280
Amortization 9,813 8,829 28,611 25,498
Depreciation 5,579 5,616 16,494 17,050
Total expenses 231,549 218,716 680,728 647,154
Income from operations 90,498 61,939 262,520 179,954
Net (loss) gain from investments (478) 535 49 638
Interest and dividend income 750 679 2,248 2,420
Interest expense (115) (195) (342) (422)
Equity in earnings of unconsolidated affiliates 37,963 31,028 104,080 86,204
Gain on sale of subsidiary 0 0 5,582 22,112
Other income 0 0 0 43,429
Income before income taxes 128,618 93,986 374,137 334,335
Income taxes 44,635 26,791 132,521 111,376
Net income 83,983 67,195 241,616 222,959
Less: Net income attributable to the noncontrolling interest 0 0 0 (350)
Net income attributable to SEI Investments Company $ 83,983 $ 67,195 $ 241,616 $ 222,609
Basic earnings per common share $ 0.50 $ 0.39 $ 1.43 $ 1.29
Shares used to compute basic earnings per share 167,925 171,308 168,612 172,043
Diluted earnings per common share $ 0.49 $ 0.38 $ 1.39 $ 1.26
Shares used to compute diluted earnings per share 172,905 176,043 173,700 176,036
Dividends declared per common share $ 0 $ 0 $ 0.22 $ 0.20