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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues:    
Revenues $ 511,579 $ 469,119
Expenses:    
Subadvisory, distribution and other asset management costs 46,768 47,379
Software royalties and other information processing costs 8,471 7,293
Compensation, benefits and other personnel 192,916 173,415
Stock-based compensation 11,059 8,074
Consulting, outsourcing and professional fees 51,976 61,104
Data processing and computer related 37,160 33,340
Facilities, supplies and other costs 18,603 18,792
Amortization 10,386 9,424
Depreciation 8,389 8,531
Total expenses 385,728 367,352
Income from operations 125,851 101,767
Net gain from investments 2,256 744
Interest and dividend income 10,819 8,778
Interest expense (139) (141)
Equity in earnings of unconsolidated affiliate 31,643 28,879
Income before income taxes 170,430 140,027
Income taxes 39,030 33,012
Net income $ 131,400 $ 107,015
Basic earnings per common share (in USD per share) $ 1.00 $ 0.80
Shares used to compute basic earnings per share (in shares) 131,417 134,020
Diluted earnings per common share (in USD per share) $ 0.99 $ 0.79
Shares used to compute diluted earnings per share (in shares) 132,745 135,311
Asset management, administration and distribution fees    
Revenues:    
Revenues $ 404,366 $ 371,829
Information processing and software servicing fees    
Revenues:    
Revenues $ 107,213 $ 97,290