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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Operating Activities    
Net Income Including the Noncontrolling Interests in Subsidiaries $ 98,673 $ 105,686
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities    
Amortization of Deferred Sales Commissions 1,614 4,879
Depreciation and Other Amortization 5,343 5,179
Share-Based Compensation Expense 12,768 12,234
Gain on Disposal of Assets (509) (3,350)
Provision for Deferred Income Taxes 5,610 7,121
Loss on Derivative 28,978 0
Fair-Value Adjustments for Contingent Liabilities 124 0
Net Unrealized Loss (Gain) on Investments 2,549 (1,367)
Net Sales of Investments—Consolidated Investment Companies 7,743 11,008
Deferred Sales Commissions Paid (43) (2,846)
Contingent Deferred Sales Charges Received 0 1,157
Other Changes in Assets and Liabilities:    
Decrease in Receivables, net 8,771 2,129
Increase in Prepaid Expenses and Other Assets (6,765) (3,589)
Decrease in Accounts Payable and Accrued Expenses (30,446) (43,260)
Increase in Other Liabilities 1,976 1,390
Net Cash Provided by Operating Activities 136,386 96,371
Investing Activities    
Purchases of Investments—Affiliates and Other (2,515) (3,977)
Cash Paid for Business Acquisitions 0 (4,352)
Proceeds from Redemptions of Investments—Affiliates and Other 2,419 22,496
Cash Paid for Property and Equipment (5,397) (3,461)
Net Cash (Used) Provided by Investing Activities (5,493) 10,706
Financing Activities    
Dividends Paid (52,604) (50,937)
Purchases of Treasury Stock (20,374) (30,083)
Distributions to Noncontrolling Interest in Subsidiaries (8,111) (5,860)
Contributions from Noncontrolling Interest in Subsidiaries 1,163 3,499
Cash Paid for Amended and Restated Credit Agreement 0 (483)
Proceeds from Shareholders for Share-Based Compensation 207 90
Proceeds from New Borrowings 18,000 0
Payments on Contingent Consideration Liabilities (228) (210)
Payments on Debt (10,000) (12,750)
Net Cash Used by Financing Activities (71,947) (96,734)
Net Increase in Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 58,946 10,343
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Beginning of Period 316,809 105,355
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, End of Period 375,755 115,698
Less: Restricted Cash and Restricted Cash Equivalents Recorded in Other Long-Term Assets 583 530
Cash and Cash Equivalents $ 375,172 $ 115,168