XML 28 R13.htm IDEA: XBRL DOCUMENT
v3.6.0.2

Composition of Certain Financial Statement Captions | 12 Months Ended
--- | ---
Dec. 31, 2016
Items Included in Consolidated Statement of Financial Condition [Abstract] |
Composition of Certain Financial Statement Captions | Composition of Certain Financial Statement Captions Receivables Receivables on the accompanying Consolidated Balance Sheets consist of:
|  | 2016 |  | 2015
Trade receivables |  | $ | 48,683 |  |  | $ | 47,179 |
Fees earned, not billed |  | 168,971 |  |  | 154,919 |
Other receivables |  | 10,826 |  |  | 21,574 |
|  | 228,480 |  |  | 223,672 |
Less: Allowance for doubtful accounts |  | (523 | ) |  | (649 | )
Receivables, net |  | $ | 227,957 |  |  | $ | 223,023 |
Fees earned, not billed represents receivables earned but unbilled and results from timing differences between services provided and contractual billing schedules. These billing schedules generally provide for fees to be billed on a quarterly basis. In addition, certain fees earned from investment operations services are calculated based on assets under administration that have a prolonged valuation process which delays billings to clients. Property and Equipment Property and Equipment on the accompanying Consolidated Balance Sheets consists of:
|  | 2016 |  | 2015
Buildings |  | $ | 152,171 |  |  | $ | 151,604 |
Equipment |  | 106,759 |  |  | 86,941 |
Land |  | 10,030 |  |  | 10,003 |
Purchased software |  | 128,008 |  |  | 122,433 |
Furniture and fixtures |  | 17,292 |  |  | 16,143 |
Leasehold improvements |  | 15,175 |  |  | 15,393 |
Construction in progress |  | 2,077 |  |  | 961 |
|  | 431,512 |  |  | 403,478 |
Less: Accumulated depreciation |  | (285,322 | ) |  | (259,501 | )
Property and Equipment, net |  | $ | 146,190 |  |  | $ | 143,977 |
Depreciation expense related to property and equipment for 2016, 2015 and 2014 was $26,440, $24,044 and $22,448, respectively. During 2015, the Company determined that certain purchased software related to the SEI Wealth Platform is no longer in use and wrote off $522 of the software classified as Purchased software reported under the Private Banks business segment. The expense associated with the write off of the software is included in Facilities, supplies and other costs on the accompanying Consolidated Statement of Operations. Other Assets Other assets consist of long-term prepaid expenses, deposits, other investments at cost and various other assets. Amortization expense for certain other assets for 2016, 2015 and 2014 was $345, $229 and $227, respectively. Accrued Liabilities Accrued Liabilities on the accompanying Consolidated Balance Sheets consist of:
|  | 2016 |  | 2015
Accrued employee compensation |  | $ | 79,735 |  |  | $ | 74,687 |
Accrued consulting, outsourcing and professional fees |  | 24,428 |  |  | 21,575 |
Accrued sub-advisory, distribution and other asset management fees |  | 41,666 |  |  | 32,674 |
Accrued dividend payable |  | 44,596 |  |  | 42,625 |
Other accrued liabilities |  | 50,100 |  |  | 46,026 |
Accrued liabilities |  | $ | 240,525 |  |  | $ | 217,587 |

X
- References No definition available. + Details
Name: | us-gaap_ItemsIncludedInConsolidatedStatementOfFinancialConditionAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for supplemental balance sheet disclosures, including descriptions and amounts for assets, liabilities, and equity. + References No definition available. + Details
Name: | us-gaap_SupplementalBalanceSheetDisclosuresTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration