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Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2015
Accounting Policies [Abstract]  
Calculation Of Basic And Diluted Earnings Per Share
The calculations of basic and diluted earnings per share for the nine months ended September 30, 2015 and 2014 are:
 
For the Nine Months Ended September 30, 2015
 
Income
(Numerator)
 
Shares
(Denominator)
 
Per Share
Amount
Basic earnings per common share
$
250,276

 
166,142,000

 
$
1.51

Dilutive effect of stock options

 
3,835,000

 
 
Diluted earnings per common share
$
250,276

 
169,977,000

 
$
1.47

 
For the Nine Months Ended September 30, 2014
 
Income
(Numerator)
 
Shares
(Denominator)
 
Per Share
Amount
Basic earnings per common share
$
241,616

 
168,612,000

 
$
1.43

Dilutive effect of stock options

 
5,088,000

 
 
Diluted earnings per common share
$
241,616

 
173,700,000

 
$
1.39

The calculations of basic and diluted earnings per share for the three months ended September 30, 2015 and 2014 are:
 
For the Three Months Ended September 30, 2015
 
Income
(Numerator)
 
Shares
(Denominator)
 
Per Share
Amount
Basic earnings per common share
$
79,425

 
165,579,000

 
$
0.48

Dilutive effect of stock options

 
3,676,000

 
 
Diluted earnings per common share
$
79,425

 
169,255,000

 
$
0.47


 
For the Three Months Ended September 30, 2014
 
Income
(Numerator)
 
Shares
(Denominator)
 
Per Share
Amount
Basic earnings per common share
$
83,983

 
167,925,000

 
$
0.50

Dilutive effect of stock options

 
4,980,000

 
 
Diluted earnings per common share
$
83,983

 
172,905,000

 
$
0.49

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 nine months ended September 30:
 
2015
 
2014
Net income
$
250,276

 
$
241,616

Adjustments to reconcile net income to net cash provided by operating activities:
 
 
 
Depreciation
17,946

 
16,494

Amortization
31,806

 
28,611

Equity in earnings of unconsolidated affiliates
(104,917
)
 
(104,080
)
Distributions received from unconsolidated affiliate
116,913

 
103,592

Stock-based compensation
11,476

 
9,481

Provision for losses on receivables
(196
)
 
387

Deferred income tax expense
(4,942
)
 
4,768

Gain from sale of SEI AK
(2,791
)
 
(5,582
)
Net loss (gain) from investments
544

 
(49
)
Change in other long-term liabilities
1,926

 
2,663

Change in other assets
(706
)
 
(2,769
)
Write off of capitalized and purchased software
6,055

 

Other
(2,364
)
 
(1,242
)
Change in current asset and liabilities
 
 
 
Decrease (increase) in
 
 
 
Receivables from regulated investment companies
2,601

 
(7,169
)
Receivables
(23,081
)
 
(24,951
)
Other current assets
(11,013
)
 
(4,862
)
Increase (decrease) in
 
 
 
Accounts payable
(5,950
)
 
(9,723
)
Accrued liabilities
(11,808
)
 
(1,988
)
Deferred revenue
2,708

 
(879
)
Total adjustments
24,207

 
2,702

Net cash provided by operating activities
$
274,483

 
$
244,318