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Summary of Significant Accounting Policies (Tables) | 9 Months Ended
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Sep. 30, 2024
Accounting Policies [Abstract] |
Schedule of Calculation of Basic and Diluted Earnings Per Share | The calculations of basic and diluted earnings per share for the three and nine months ended September 30, 2024 and 2023 are:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
Net income | $ | 154,900 |  |  | $ | 115,661 |  |  | $ | 425,420 |  |  | $ | 341,527 |
Shares used to compute basic earnings per common share | 129,418,000 |  |  | 132,231,000 |  |  | 130,550,000 |  |  | 133,035,000 |
Dilutive effect of stock awards | 1,253,000 |  |  | 1,273,000 |  |  | 1,280,000 |  |  | 1,215,000 |
Shares used to compute diluted earnings per common share | 130,671,000 |  |  | 133,504,000 |  |  | 131,830,000 |  |  | 134,250,000 |
Basic earnings per common share | $ | 1.20 |  |  | $ | 0.87 |  |  | $ | 3.26 |  |  | $ | 2.57 |
Diluted earnings per common share | $ | 1.19 |  |  | $ | 0.87 |  |  | $ | 3.23 |  |  | $ | 2.54 |
Schedule of Adjustments To Reconcile Net Income To Net Cash Provided By Operating Activities | The following table provides the details of the adjustments to reconcile net income to net cash provided by operating activities for the nine months ended September 30, 2024 and 2023:
| 2024 |  | 2023
Net income | $ | 425,420 |  |  | $ | 341,527 |
Adjustments to reconcile net income to net cash provided by operating activities: |  |  |
Depreciation | 25,097 |  |  | 26,509 |
Amortization | 31,284 |  |  | 28,851 |
Equity in earnings of unconsolidated affiliate | (102,375) |  |  | (91,517) |
Distributions received from unconsolidated affiliate | 112,476 |  |  | 100,252 |
Stock-based compensation | 37,224 |  |  | 23,458 |
Provision for losses on receivables | 1,170 |  |  | 283 |
Deferred income tax expense | (21,051) |  |  | (20,971) |
Net gain from investments | (3,349) |  |  | (1,053) |
Net gain from sale of property | (8,151) |  |  | — |
Change in other long-term liabilities | 3,205 |  |  | 3,105 |
Change in other assets | (4,005) |  |  | 1,099 |
Contract costs capitalized, net of amortization | (2,306) |  |  | (590) |
Other | (2,900) |  |  | 2,122 |
Change in current assets and liabilities: |  |  |
Receivables from investment products | 1,301 |  |  | 6,327 |
Receivables | (109,522) |  |  | (62,053) |
Other current assets | 606 |  |  | (8,654) |
Advances due from unconsolidated affiliate | 51,005 |  |  | 51,293 |
Accounts payable | (2,364) |  |  | (3,085) |
Accrued liabilities | (1,655) |  |  | (48,128) |
Deferred revenue | (4,036) |  |  | (2,793) |
Total adjustments | 1,654 |  |  | 4,455 |
Net cash provided by operating activities | $ | 427,074 |  |  | $ | 345,982 |

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- 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
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