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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Operating Activities    
Net Income Including the Noncontrolling Interests in Subsidiaries $ 127,825 $ 148,066
Adjustments to Reconcile Net Income to Net Cash Provided (Used) by Operating Activities    
Amortization of Deferred Sales Commissions 434 770
Depreciation and Other Amortization 14,565 14,088
Share-Based Compensation Expense 16,976 13,935
Subsidiary Share-Based Compensation Expense 4,999 4,240
(Gain) Loss on Disposal of Assets (5,163) 1,172
Provision (Benefit) for Deferred Income Taxes 18,678 6,637
Consolidation/(Deconsolidation) of Other Entities 11,029 (3,051)
Net Unrealized (Gain) Loss on Investments (2,442) 870
Net Sales (Purchases) of Investments—Consolidated Investment Companies (64,399) 4,275
Other Changes in Assets and Liabilities:    
(Increase) Decrease in Receivables, net 6,933 (10,904)
(Increase) Decrease in Prepaid Expenses and Other Assets (2,504) (10,135)
Increase (Decrease) in Accounts Payable and Accrued Expenses (67,723) (47,938)
Increase (Decrease) in Other Liabilities (4,257) 31,372
Net Cash Provided (Used) by Operating Activities 54,951 153,397
Investing Activities    
Purchases of Investments—Affiliates and Other (5,643) (15,508)
Cash Paid for Business Acquisitions, Net of Cash Acquired 0 2,697
Proceeds from Redemptions of Investments—Affiliates and Other 13,915 3,905
Cash Paid for Property and Equipment (3,255) (4,979)
Net Cash Provided (Used) by Investing Activities 5,017 (13,885)
Financing Activities    
Dividends Paid (53,339) (54,559)
Purchases of Treasury Stock (77,973) (32,911)
Distributions to Noncontrolling Interest in Subsidiaries (2,914) (10,097)
Contributions from Noncontrolling Interest in Subsidiaries 34,394 11,802
Proceeds from New Borrowings 0 100,000
Payments on Debt (10,000) (110,000)
Other Financing Activities (1,978) (1,683)
Net Cash Provided (Used) by Financing Activities (111,810) (97,448)
Effect of Exchange Rates on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 1,826 (7,576)
Net Increase (Decrease) in Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents (50,016) 34,488
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Beginning of Period 308,635 249,511
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, End of Period 258,619 283,999
Less: Restricted Cash Recorded in Other Current Assets 4,598 5,849
Less: Restricted Cash and Restricted Cash Equivalents Recorded in Other Long-Term Assets 289 310
Cash and Cash Equivalents $ 253,732 $ 277,840