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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenues:    
Revenues $ 581,443 $ 455,686
Expenses:    
Subadvisory, distribution and other asset management costs 53,128 50,164
Software royalties and other information processing costs 7,547 5,742
Compensation, benefits and other personnel 160,484 137,221
Stock-based compensation 10,566 9,752
Consulting, outsourcing and professional fees 62,491 54,340
Data processing and computer related 29,816 25,721
Facilities, supplies and other costs 17,627 17,248
Amortization 16,887 14,352
Depreciation 8,098 8,309
Total expenses 366,644 322,849
Income from operations 214,799 132,837
Net (loss) gain from investments (489) 332
Interest and dividend income 848 945
Interest expense (250) (123)
Equity in earnings of unconsolidated affiliate 32,459 33,350
Income before income taxes 247,367 167,341
Income taxes 57,059 37,871
Net income $ 190,308 $ 129,470
Basic earnings per common share (in USD per share) $ 1.38 $ 0.90
Shares used to compute basic earnings per share (in shares) 137,935 143,201
Diluted earnings per common share (in USD per share) $ 1.36 $ 0.89
Shares used to compute diluted earnings per share (in shares) 139,712 145,306
Asset management, administration and distribution fees    
Revenues:    
Revenues $ 394,097 $ 367,646
Information processing and software servicing fees    
Revenues:    
Revenues $ 187,346 $ 88,040