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Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Revenues:      
Asset management, administration and distribution fees $ 1,180,789 $ 1,072,176 $ 1,010,511
Information processing and software servicing fees 321,741 300,346 290,893
Transaction-based and trade execution fees 24,022 29,023 32,804
Total revenues 1,526,552 1,401,545 1,334,208
Expenses:      
Subadvisory, distribution and other asset management costs 179,181 170,961 160,062
Software royalties and other information processing costs 31,275 30,323 31,497
Brokerage commissions 17,845 22,152 24,388
Compensation, benefits and other personnel 458,737 414,622 395,774
Stock-based compensation 36,366 16,017 17,312
Consulting, outsourcing and professional fees 186,357 166,769 146,436
Data processing and computer related 71,909 64,930 58,884
Facilities, supplies and other costs 72,352 68,245 74,968
Amortization 48,275 45,392 42,630
Depreciation 27,311 26,440 24,044
Total expenses 1,129,608 1,025,851 975,995
Income from operations 396,944 375,694 358,213
Net gain (loss) from investments 1,269 112 (456)
Interest and dividend income 7,057 4,316 3,358
Interest expense (781) (531) (483)
Equity in earnings of unconsolidated affiliates 152,550 126,103 137,057
Gain on sale of subsidiary 0 2,791 2,791
Income before income taxes 557,039 508,485 500,480
Income taxes 152,650 174,668 168,825
Net income $ 404,389 $ 333,817 $ 331,655
Basic earnings per common share $ 2.56 $ 2.07 $ 2.00
Shares used to compute basic earnings per share 158,177 161,350 165,725
Diluted earnings per common share $ 2.49 $ 2.03 $ 1.96
Shares used to compute diluted earnings per share 162,269 164,431 169,598
Dividends declared per common share $ 0.58 $ 0.54 $ 0.50