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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Operating Activities    
Net income including the noncontrolling interests in subsidiaries $ 162,927 $ 164,285
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities    
Amortization of deferred sales commissions 6,580 8,979
Depreciation and other amortization 7,788 7,098
Share-based compensation expense 17,290 17,212
(Gain) loss on disposal of assets (5,358) 1,417
Provision for deferred income taxes 8,226 13,686
Impairment of assets 0 1,637
Consolidation/deconsolidation of investment companies 0 (176)
Adoption of new accounting pronouncement 0 (2,653)
Net sales (purchases) of trading securities 14,702 (8,753)
Deferred sales commissions paid (3,737) (10,137)
Contingent deferred sales charges received 1,484 1,636
Other changes in assets and liabilities:    
Increase in receivables, net (707) (5,356)
Decrease (increase) in prepaid expenses and other assets 834 (4,776)
Decrease in accounts payable and accrued expenses (23,360) (5,794)
Increase (decrease) in other liabilities 4,054 (2,787)
Net cash provided by operating activities 190,723 175,518
Investing Activities    
Purchases of securities available for sale (7,266) (2,273)
Cash paid for business acquisitions (4,352) 0
Proceeds from redemptions of securities available for sale 26,382 7,980
Cash paid for property and equipment (6,791) (10,391)
Net cash provided (used) by investing activities 7,973 (4,684)
Financing Activities    
Dividends paid (76,286) (77,767)
Purchases of treasury stock (44,152) (61,440)
Distributions to noncontrolling interest in subsidiaries (8,929) (14,218)
Contributions from noncontrolling interest in subsidiaries 4,095 14,040
Cash paid for amended and restated credit agreement (483) 0
Proceeds from shareholders for share-based compensation 90 222
Payments on contingent consideration liabilities (210) (70)
Payments on debt (16,250) (19,125)
Net cash used by financing activities (142,125) (158,358)
Net increase in cash and cash equivalents 56,571 12,476
Cash and cash equivalents, beginning of period 104,839 172,628
Cash and cash equivalents, end of period $ 161,410 $ 185,104