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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenues:    
Revenues $ 400,820 $ 405,598
Expenses:    
Subadvisory, distribution and other asset management costs 43,805 45,205
Software royalties and other information processing costs 8,128 8,718
Compensation, benefits and other personnel 130,335 124,277
Stock-based compensation 5,038 5,195
Consulting, outsourcing and professional fees 50,206 48,707
Data processing and computer related 20,992 20,591
Facilities, supplies and other costs 18,745 17,613
Amortization 12,679 11,854
Depreciation 7,331 7,122
Total expenses 297,259 289,282
Income from operations 103,561 116,316
Net gain (loss) from investments 1,279 (410)
Interest and dividend income 4,257 2,502
Interest expense (157) (257)
Equity in earnings of unconsolidated affiliate 37,317 40,607
Income before income taxes 146,257 158,758
Income taxes 32,276 18,920
Net income $ 113,981 $ 139,838
Basic earnings per common share (in USD per share) $ 0.74 $ 0.89
Shares used to compute basic earnings per share (in shares) 153,310 157,434
Diluted earnings per common share (in USD per share) $ 0.73 $ 0.86
Shares used to compute diluted earnings per share (in shares) 156,541 163,424
Asset management, administration and distribution fees    
Revenues:    
Revenues $ 313,944 $ 316,209
Information processing and software servicing fees    
Revenues:    
Revenues $ 86,876 $ 89,389