XML 39 R26.htm IDEA: XBRL DOCUMENT
v3.19.2

Summary of Significant Accounting Policies (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2019
Accounting Policies [Abstract] |
Calculation Of Basic And Diluted Earnings Per Share | The calculations of basic and diluted earnings per share for the three and six months ended June 30, 2019 and 2018 are:
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2019 |  | 2018 |  | 2019 |  | 2018
Net income | $ | 126,540 |  |  | $ | 121,677 |  |  | $ | 240,521 |  |  | $ | 261,515 |
Shares used to compute basic earnings per common share | 151,863,000 |  |  | 157,542,000 |  |  | 152,587,000 |  |  | 157,488,000 |
Dilutive effect of stock options | 3,302,000 |  |  | 4,683,000 |  |  | 3,266,000 |  |  | 5,337,000 |
Shares used to compute diluted earnings per common share | 155,165,000 |  |  | 162,225,000 |  |  | 155,853,000 |  |  | 162,825,000 |
Basic earnings per common share | $ | 0.83 |  |  | $ | 0.77 |  |  | $ | 1.58 |  |  | $ | 1.66 |
Diluted earnings per common share | $ | 0.82 |  |  | $ | 0.75 |  |  | $ | 1.54 |  |  | $ | 1.61 |
Adjustments To Reconcile Net Income To Net Cash Provided By Operating Activities | The following table provides the details of the adjustments to reconcile net income to net cash provided by operating activities for the six months ended June 30:
| 2019 |  | 2018
Net income | $ | 240,521 |  |  | $ | 261,515 |
Adjustments to reconcile net income to net cash provided by operating activities: |  |  |
Depreciation | 14,753 |  |  | 14,260 |
Amortization | 25,460 |  |  | 24,015 |
Equity in earnings of unconsolidated affiliate | (75,149 | ) |  | (81,680 | )
Distributions received from unconsolidated affiliate | 77,288 |  |  | 89,362 |
Stock-based compensation | 10,102 |  |  | 10,518 |
Provision for losses on receivables | 383 |  |  | (90 | )
Deferred income tax expense | (2,050 | ) |  | 4,893 |
Net (gain) loss from investments | (1,510 | ) |  | 549 |
Change in long-term income taxes payable | — |  |  | (1,000 | )
Change in other long-term liabilities | 1,129 |  |  | 1,222 |
Change in other assets | 249 |  |  | (4,713 | )
Contract costs capitalized, net of amortization | (1,125 | ) |  | (2,880 | )
Other | 122 |  |  | (326 | )
Change in current assets and liabilities |  |  |
(Increase) decrease in |  |  |
Receivables from investment products | (2,538 | ) |  | 3,280 |
Receivables | (20,192 | ) |  | (31,835 | )
Other current assets | 3,708 |  |  | (5,090 | )
(Decrease) increase in |  |  |
Accounts payable | (5,426 | ) |  | 2,251 |
Accrued liabilities | (47,631 | ) |  | (22,121 | )
Deferred revenue | (449 | ) |  | 746 |
Total adjustments | (22,876 | ) |  | 1,361 |
Net cash provided by operating activities | $ | 217,645 |  |  | $ | 262,876 |

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

X
- Definition Tabular disclosure of supplemental cash flow information for the periods presented. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCashFlowSupplementalDisclosuresTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration