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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues:        
Revenues $ 518,986 $ 489,057 $ 1,030,565 $ 958,176
Expenses:        
Subadvisory, distribution and other asset management costs 46,542 47,247 93,310 94,626
Software royalties and other information processing costs 8,096 8,396 16,567 15,689
Compensation, benefits and other personnel 185,878 175,706 378,794 349,121
Stock-based compensation 12,469 7,405 23,528 15,479
Consulting, outsourcing and professional fees 53,991 61,312 105,967 122,416
Data processing and computer related 38,074 34,945 75,234 68,285
Facilities, supplies and other costs 18,570 23,034 37,173 41,826
Amortization 10,485 9,630 20,871 19,054
Depreciation 8,367 8,781 16,756 17,312
Total expenses 382,472 376,456 768,200 743,808
Income from operations 136,514 112,601 262,365 214,368
Net gain from investments 666 515 2,922 1,259
Interest and dividend income 11,552 9,550 22,371 18,328
Interest expense (139) (139) (278) (280)
Equity in earnings of unconsolidated affiliate 34,219 32,711 65,862 61,590
Income before income taxes 182,812 155,238 353,242 295,265
Income taxes 43,692 36,387 82,722 69,399
Net income $ 139,120 $ 118,851 $ 270,520 $ 225,866
Basic earnings per common share (in USD per share) $ 1.06 $ 0.89 $ 2.06 $ 1.69
Shares used to compute basic earnings per share (in shares) 130,815 132,854 131,116 133,437
Diluted earnings per common share (in USD per share) $ 1.05 $ 0.89 $ 2.04 $ 1.68
Shares used to compute diluted earnings per share (in shares) 132,073 133,936 132,409 134,623
Dividends declared per common share (in USD per share) $ 0.46 $ 0.43 $ 0.46 $ 0.43
Asset management, administration and distribution fees        
Revenues:        
Revenues $ 409,398 $ 378,821 $ 813,764 $ 750,650
Information processing and software servicing fees        
Revenues:        
Revenues $ 109,588 $ 110,236 $ 216,801 $ 207,526