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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenues:        
Asset management, administration and distribution fees $ 262,275 $ 256,748 $ 513,712 $ 503,516
Information processing and software servicing fees 74,992 73,699 148,391 144,352
Transaction-based and trade execution fees 6,564 7,298 15,991 15,321
Total revenues 343,831 337,745 678,094 663,189
Expenses:        
Subadvisory, distribution and other asset management costs 40,870 40,872 80,065 79,389
Software royalties and other information processing costs 7,677 8,057 15,425 15,566
Brokerage commissions 5,093 5,431 12,201 11,403
Compensation, benefits and other personnel 102,282 98,999 204,213 193,185
Stock-based compensation 4,189 3,859 7,978 7,609
Consulting, outsourcing and professional fees 39,575 36,969 78,081 72,597
Data processing and computer related 15,782 14,527 31,500 27,927
Facilities, supplies and other costs 17,122 16,659 33,119 33,718
Amortization 11,284 10,611 22,296 20,969
Depreciation 6,434 5,843 12,881 11,838
Total expenses 250,308 241,827 497,759 474,201
Income from operations 93,523 95,918 180,335 188,988
Net gain (loss) from investments 250 (38) 124 212
Interest and dividend income 1,033 755 2,116 1,724
Interest expense (187) (114) (301) (227)
Equity in earnings of unconsolidated affiliates 30,285 37,289 59,477 71,322
Gain on sale of subsidiary 0 0 2,791 2,791
Income before income taxes 124,904 133,810 244,542 264,810
Income taxes 43,899 47,570 86,040 93,959
Net income $ 81,005 $ 86,240 $ 158,502 $ 170,851
Basic earnings per common share $ 0.50 $ 0.52 $ 0.98 $ 1.03
Shares used to compute basic earnings per share 161,795 166,152 162,404 166,423
Diluted earnings per common share $ 0.49 $ 0.51 $ 0.96 $ 1.00
Shares used to compute diluted earnings per share 165,088 169,973 165,616 170,338
Dividends declared per common share $ 0.26 $ 0.24 $ 0.26 $ 0.24