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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues:        
Revenues $ 476,759 $ 471,334 $ 1,434,935 $ 1,534,447
Expenses:        
Subadvisory, distribution and other asset management costs 47,531 47,334 142,157 150,485
Software royalties and other information processing costs 8,095 6,909 23,784 21,863
Compensation, benefits and other personnel 180,470 227,127 529,591 545,532
Stock-based compensation 7,979 10,766 23,458 31,339
Consulting, outsourcing and professional fees 54,203 58,558 176,619 184,320
Data processing and computer related 34,016 30,950 102,301 93,020
Facilities, supplies and other costs 16,999 19,704 58,825 57,464
Amortization 9,797 10,382 28,851 43,777
Depreciation 9,197 8,558 26,509 24,942
Total expenses 368,287 420,288 1,112,095 1,152,742
Income from operations 108,472 51,046 322,840 381,705
Net (loss) gain from investments (206) (1,406) 1,053 (4,515)
Interest and dividend income 11,125 3,962 29,453 6,663
Interest expense (116) (143) (396) (604)
Equity in earnings of unconsolidated affiliate 29,927 26,654 91,517 88,926
Income before income taxes 149,202 80,113 444,467 472,175
Income taxes 33,541 18,454 102,940 108,932
Net income $ 115,661 $ 61,659 $ 341,527 $ 363,243
Basic earnings per common share (in USD per share) $ 0.87 $ 0.46 $ 2.57 $ 2.66
Shares used to compute basic earnings per share (in shares) 132,231 135,203 133,035 136,524
Diluted earnings per common share (in USD per share) $ 0.87 $ 0.45 $ 2.54 $ 2.63
Shares used to compute diluted earnings per share (in shares) 133,504 136,345 134,250 137,958
Dividends declared per common share (in USD per share) $ 0 $ 0 $ 0.43 $ 0.40
Asset management, administration and distribution fees        
Revenues:        
Revenues $ 380,594 $ 372,133 $ 1,131,244 $ 1,148,824
Information processing and software servicing fees        
Revenues:        
Revenues $ 96,165 $ 99,201 $ 303,691 $ 385,623