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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Operating Activities      
Net income including the noncontrolling interests in subsidiaries $ 221,514 $ 171,986 $ 149,822
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities      
Amortization of deferred sales commissions 11,980 15,054 12,699
Depreciation and other amortization 9,578 9,535 10,704
Share-based compensation expense 22,445 22,685 21,711
Loss (gain) on disposal of assets 1,070 3,413 (6,514)
Provision for deferred income taxes 17,496 19,263 21,614
Fair-value adjustments for contingent liabilities 320 415 (1,589)
Impairment of assets 1,637 1,342 0
Net purchases of trading securities (8,099) (11,388) (2,580)
Consolidation/deconsolidation of investment companies (176) 213 (6,777)
Adoption of new accounting pronouncement (2,653) 0 0
Deferred sales commissions paid (11,801) (13,898) (17,316)
Contingent deferred sales charges received 2,195 2,350 1,792
Other changes in assets and liabilities:      
(Increase) decrease in receivables, net (11,120) (5,505) 1,821
(Increase) decrease in prepaid expenses and other assets (5,126) 4,471 136
Increase in accounts payable and accrued expenses 6,001 5,451 709
(Decrease) increase in other liabilities (2,490) 7,797 6,250
Net cash provided by operating activities 252,771 233,184 192,482
Investing Activities      
Purchases of securities available for sale (3,345) (5,461) (84,988)
Cash paid for business acquisitions 0 0 (9,697)
Proceeds from redemptions of securities available for sale 7,990 5,756 87,117
Cash paid for property and equipment (12,839) (6,026) (8,850)
Net cash used by investing activities (8,194) (5,731) (16,418)
Financing Activities      
Dividends paid (205,468) (104,628) (104,840)
Purchases of treasury stock (81,771) (53,868) (27,239)
Distributions to noncontrolling interests in subsidiaries (18,291) (5,686) (12,402)
Contributions from noncontrolling interests in subsidiaries 17,868 16,409 12,129
Cash paid for business acquisitions (640) (2,015) (2,991)
Proceeds from shareholders for share-based compensation 1,436 1,552 2,046
Excess tax benefits from share-based compensation 0 3,644 2,666
Payments on debt (25,500) (25,500) (34,000)
Other financing activities 0 0 (609)
Net cash used by financing activities (312,366) (170,092) (165,240)
Net (decrease) increase in cash and cash equivalents (67,789) 57,361 10,824
Cash and cash equivalents, beginning of year 172,628 115,267 104,443
Cash and cash equivalents, end of year 104,839 172,628 115,267
Supplemental Disclosure of Cash Flow Information, Cash paid during the year for:      
Income taxes 104,581 77,247 66,733
Interest $ 3,487 $ 3,985 $ 8,758