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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues:        
Revenues $ 471,334 $ 485,322 $ 1,534,447 $ 1,416,659
Expenses:        
Subadvisory, distribution and other asset management costs 47,334 55,619 150,485 161,610
Software royalties and other information processing costs 6,909 7,348 21,863 20,561
Compensation, benefits and other personnel 227,127 150,188 545,532 429,188
Stock-based compensation 10,766 11,318 31,339 31,173
Consulting, outsourcing and professional fees 58,558 55,868 184,320 165,657
Data processing and computer related 30,950 26,650 93,020 79,746
Facilities, supplies and other costs 19,704 14,124 57,464 49,851
Amortization 10,382 14,674 43,777 43,749
Depreciation 8,558 8,408 24,942 25,141
Total expenses 420,288 344,197 1,152,742 1,006,676
Income from operations 51,046 141,125 381,705 409,983
Net (loss) gain from investments (1,406) (575) (4,515) 134
Interest and dividend income 3,962 892 6,663 2,715
Interest expense (143) (101) (604) (354)
Equity in earnings of unconsolidated affiliate 26,654 35,005 88,926 103,420
Income before income taxes 80,113 176,346 472,175 515,898
Income taxes 18,454 38,301 108,932 114,605
Net income $ 61,659 $ 138,045 $ 363,243 $ 401,293
Basic earnings per common share (in USD per share) $ 0.46 $ 0.98 $ 2.66 $ 2.83
Shares used to compute basic earnings per share (in shares) 135,203 140,507 136,524 141,928
Diluted earnings per common share (in USD per share) $ 0.45 $ 0.97 $ 2.63 $ 2.79
Shares used to compute diluted earnings per share (in shares) 136,345 142,426 137,958 143,981
Dividends declared per common share (in USD per share) $ 0 $ 0 $ 0.40 $ 0.37
Asset management, administration and distribution fees        
Revenues:        
Revenues $ 372,133 $ 393,296 $ 1,148,824 $ 1,143,451
Information processing and software servicing fees        
Revenues:        
Revenues $ 99,201 $ 92,026 $ 385,623 $ 273,208