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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenues:        
Revenues $ 404,830 $ 372,331 $ 810,428 $ 732,315
Expenses:        
Subadvisory, distribution and other asset management costs 45,209 43,907 90,414 87,059
Software royalties and other information processing costs 7,977 11,319 16,695 23,290
Compensation, benefits and other personnel 127,375 109,555 251,652 218,498
Stock-based compensation 5,323 6,259 10,518 12,439
Consulting, outsourcing and professional fees 50,441 48,335 99,148 91,484
Data processing and computer related 21,133 18,990 41,724 37,315
Facilities, supplies and other costs 17,783 17,575 35,396 33,500
Amortization 12,161 12,565 24,015 24,587
Depreciation 7,138 6,599 14,260 13,399
Total expenses 294,540 275,104 583,822 541,571
Income from operations 110,290 97,227 226,606 190,744
Net (loss) gain from investments (139) 44 (549) 391
Interest and dividend income 3,162 1,686 5,664 3,029
Interest expense (132) (114) (389) (226)
Equity in earnings of unconsolidated affiliate 41,073 36,315 81,680 69,880
Income before income taxes 154,254 135,158 313,012 263,818
Income taxes 32,577 43,389 51,497 83,312
Net income $ 121,677 $ 91,769 $ 261,515 $ 180,506
Basic earnings per common share (in USD per share) $ 0.77 $ 0.58 $ 1.66 $ 1.14
Shares used to compute basic earnings per share 157,542 158,325 157,488 158,708
Diluted earnings per common share (in USD per share) $ 0.75 $ 0.57 $ 1.61 $ 1.11
Shares used to compute diluted earnings per share 162,225 161,709 162,825 162,226
Dividends declared per common share (in USD per share) $ 0.30 $ 0.28 $ 0.30 $ 0.28
Asset management, administration and distribution fees        
Revenues:        
Revenues $ 316,508 $ 289,682 $ 632,717 $ 569,143
Information processing and software servicing fees        
Revenues:        
Revenues $ 88,322 $ 82,649 $ 177,711 $ 163,172