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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues:        
Revenues $ 481,670 $ 475,651 $ 1,063,113 $ 931,337
Expenses:        
Subadvisory, distribution and other asset management costs 50,023 55,827 103,151 105,991
Software royalties and other information processing costs 7,407 7,471 14,954 13,213
Compensation, benefits and other personnel 157,921 141,779 318,405 279,000
Stock-based compensation 10,007 10,103 20,573 19,855
Consulting, outsourcing and professional fees 63,271 55,449 125,762 109,789
Data processing and computer related 32,254 27,375 62,070 53,096
Facilities, supplies and other costs 20,133 18,479 37,760 35,727
Amortization 16,508 14,723 33,395 29,075
Depreciation 8,286 8,424 16,384 16,733
Total expenses 365,810 339,630 732,454 662,479
Income from operations 115,860 136,021 330,659 268,858
Net (loss) gain from investments (2,620) 377 (3,109) 709
Interest and dividend income 1,853 878 2,701 1,823
Interest expense (211) (130) (461) (253)
Equity in earnings of unconsolidated affiliate 29,813 35,065 62,272 68,415
Income before income taxes 144,695 172,211 392,062 339,552
Income taxes 33,419 38,433 90,478 76,304
Net income $ 111,276 $ 133,778 $ 301,584 $ 263,248
Basic earnings per common share (in USD per share) $ 0.82 $ 0.94 $ 2.20 $ 1.85
Shares used to compute basic earnings per share (in shares) 136,435 142,074 137,185 142,638
Diluted earnings per common share (in USD per share) $ 0.81 $ 0.93 $ 2.17 $ 1.82
Shares used to compute diluted earnings per share (in shares) 137,817 144,212 138,764 144,759
Dividends declared per common share (in USD per share) $ 0.40 $ 0.37 $ 0.40 $ 0.37
Asset management, administration and distribution fees        
Revenues:        
Revenues $ 382,594 $ 382,509 $ 776,691 $ 750,155
Information processing and software servicing fees        
Revenues:        
Revenues $ 99,076 $ 93,142 $ 286,422 $ 181,182