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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues:      
Revenues $ 1,991,037 $ 1,918,309 $ 1,684,058
Expenses:      
Subadvisory, distribution and other asset management costs 196,732 218,068 181,618
Software royalties and other information processing costs 29,006 27,759 28,937
Compensation, benefits and other personnel 720,029 584,497 527,509
Stock-based compensation 39,403 41,451 27,014
Consulting, outsourcing and professional fees 242,013 223,200 227,916
Data processing and computer related 125,171 107,560 96,328
Facilities, supplies and other costs 74,993 69,760 64,915
Amortization 54,280 59,152 52,975
Depreciation 33,657 33,481 30,959
Total expenses 1,515,284 1,364,928 1,238,171
Income from operations 475,753 553,381 445,887
Net loss from investments (3,078) (366) (286)
Interest and dividend income 13,308 3,649 6,568
Interest expense (749) (563) (609)
Other income 3,379 0 0
Equity in earnings of unconsolidated affiliates 120,667 137,572 117,134
Income before income taxes 609,280 693,673 568,694
Income taxes 133,813 147,080 121,408
Net income $ 475,467 $ 546,593 $ 447,286
Basic earnings per common share (in USD per share) $ 3.49 $ 3.87 $ 3.05
Shares used to compute basic earnings per share 136,071 141,216 146,709
Diluted earnings per common share (in USD per share) $ 3.46 $ 3.81 $ 3.00
Shares used to compute diluted earnings per share 137,423 143,312 149,003
Dividends declared per common share (in USD per share) $ 0.83 $ 0.77 $ 0.72
Asset management, administration and distribution fees      
Revenues:      
Revenues $ 1,514,063 $ 1,547,016 $ 1,345,649
Information processing and software servicing fees      
Revenues:      
Revenues $ 476,974 $ 371,293 $ 338,409