XML 68 R33.htm IDEA: XBRL DOCUMENT v3.24.0.1

Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2023

Accounting Policies [Abstract]

Schedule of Amortization Expense Related to the SEI Wealth Platform

The Company currently expects to recognize amortization expense related to all capitalized software development costs placed into service as of December 31, 2023 each year from 2024 through 2028 as follows:

Year			Expected Amortization Expense Related to Capitalized Software
2024			$	27,025
2025			27,025
2026			26,018
2027			24,401
2028			22,463

Schedule of Calculation of Basic and Diluted Earnings Per Share

The calculations of basic and diluted earnings per share for 2023, 2022 and 2021 are:

						2023						2022						2021
Net income						$	462,258					$	475,467					$	546,593
Shares used to compute basic earnings per common share						132,593,000						136,071,000						141,216,000
Dilutive effect of equity awards						1,135,000						1,352,000						2,096,000
Shares used to compute diluted earnings per common share						133,728,000						137,423,000						143,312,000
Basic earnings per common share						$	3.49					$	3.49					$	3.87
Diluted earnings per common share						$	3.46					$	3.46					$	3.81

X

- References

No definition available.

+ Details

Name:	us-gaap_AccountingPoliciesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of amortization expense of assets, excluding financial assets, that lack physical substance, having a limited useful life.

+ References

No definition available.

+ Details

Name:	us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482662/260-10-50-1

+ Details

Name:	us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration