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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenues:        
Revenues $ 408,682 $ 386,018 $ 1,219,110 $ 1,118,333
Expenses:        
Subadvisory, distribution and other asset management costs 45,276 46,014 135,690 133,073
Software royalties and other information processing costs 7,767 11,005 24,462 34,295
Compensation, benefits and other personnel 127,480 118,421 379,132 336,919
Stock-based compensation 5,878 7,088 16,396 19,527
Consulting, outsourcing and professional fees 51,758 46,507 150,906 137,991
Data processing and computer related 21,754 19,792 63,478 57,107
Facilities, supplies and other costs 16,689 17,261 52,085 50,761
Amortization 12,405 13,745 36,420 38,332
Depreciation 7,255 6,948 21,515 20,347
Total expenses 296,262 286,781 880,084 828,352
Income from operations 112,420 99,237 339,026 289,981
Net gain (loss) from investments 89 645 (460) 1,036
Interest and dividend income 3,482 1,899 9,146 4,928
Interest expense (122) (345) (511) (571)
Equity in earnings of unconsolidated affiliate 41,726 39,333 123,406 109,213
Income before income taxes 157,595 140,769 470,607 404,587
Income taxes 29,276 39,030 80,773 122,342
Net income $ 128,319 $ 101,739 $ 389,834 $ 282,245
Basic earnings per common share (in USD per share) $ 0.82 $ 0.64 $ 2.48 $ 1.78
Shares used to compute basic earnings per share (in shares) 156,283 157,902 157,086 158,439
Diluted earnings per common share (in USD per share) $ 0.80 $ 0.63 $ 2.41 $ 1.74
Shares used to compute diluted earnings per share (in shares) 160,511 161,148 162,053 161,866
Dividends declared per common share (in USD per share) $ 0 $ 0 $ 0.30 $ 0.28
Asset management, administration and distribution fees        
Revenues:        
Revenues $ 322,778 $ 300,417 $ 955,495 $ 869,560
Information processing and software servicing fees        
Revenues:        
Revenues $ 85,904 $ 85,601 $ 263,615 $ 248,773