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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues:        
Revenues $ 489,057 $ 481,670 $ 958,176 $ 1,063,113
Expenses:        
Subadvisory, distribution and other asset management costs 47,247 50,023 94,626 103,151
Software royalties and other information processing costs 8,396 7,407 15,689 14,954
Compensation, benefits and other personnel 175,706 157,921 349,121 318,405
Stock-based compensation 7,405 10,007 15,479 20,573
Consulting, outsourcing and professional fees 61,312 63,271 122,416 125,762
Data processing and computer related 34,945 32,254 68,285 62,070
Facilities, supplies and other costs 23,034 20,133 41,826 37,760
Amortization 9,630 16,508 19,054 33,395
Depreciation 8,781 8,286 17,312 16,384
Total expenses 376,456 365,810 743,808 732,454
Income from operations 112,601 115,860 214,368 330,659
Net gain (loss) from investments 515 (2,620) 1,259 (3,109)
Interest and dividend income 9,550 1,853 18,328 2,701
Interest expense (139) (211) (280) (461)
Equity in earnings of unconsolidated affiliate 32,711 29,813 61,590 62,272
Income before income taxes 155,238 144,695 295,265 392,062
Income taxes 36,387 33,419 69,399 90,478
Net income $ 118,851 $ 111,276 $ 225,866 $ 301,584
Basic earnings per common share (in USD per share) $ 0.89 $ 0.82 $ 1.69 $ 2.20
Shares used to compute basic earnings per share (in shares) 132,854 136,435 133,437 137,185
Diluted earnings per common share (in USD per share) $ 0.89 $ 0.81 $ 1.68 $ 2.17
Shares used to compute diluted earnings per share (in shares) 133,936 137,817 134,623 138,764
Dividends declared per common share (in USD per share) $ 0.43 $ 0.40 $ 0.43 $ 0.40
Asset management, administration and distribution fees        
Revenues:        
Revenues $ 378,821 $ 382,594 $ 750,650 $ 776,691
Information processing and software servicing fees        
Revenues:        
Revenues $ 110,236 $ 99,076 $ 207,526 $ 286,422