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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Operating Activities    
Net Income Including the Noncontrolling Interests in Subsidiaries $ 201,311 $ 234,750
Adjustments to Reconcile Net Income to Net Cash Provided (Used) by Operating Activities    
Depreciation and Amortization 22,639 22,431
Share-Based Compensation Expense 23,283 20,224
Subsidiary Share-Based Compensation Expense 7,556 6,404
(Gain) Loss on Disposal of Assets (6,975) 1,590
Provision (Benefit) for Deferred Income Taxes 19,495 11,907
Consolidation/(Deconsolidation) of Other Entities 10,379 (3,051)
Net Unrealized (Gain) Loss on Investments 27 (5,397)
Net Sales (Purchases) of Investments—Consolidated Investment Companies (129,647) (7,516)
Other Changes in Assets and Liabilities:    
(Increase) Decrease in Receivables, net 3,914 5,998
(Increase) Decrease in Prepaid Expenses and Other Assets 3,887 (9,317)
Increase (Decrease) in Accounts Payable and Accrued Expenses (36,769) (27,411)
Increase (Decrease) in Other Liabilities (18,144) (7,154)
Net Cash Provided (Used) by Operating Activities 100,956 243,458
Investing Activities    
Purchases of Investments—Affiliates and Other (7,221) (19,050)
Cash Paid for Business Acquisitions, Net of Cash Acquired (5,324) 2,697
Proceeds from Redemptions of Investments—Affiliates and Other 33,291 6,415
Cash Paid for Property and Equipment (7,753) (8,559)
Net Cash Provided (Used) by Investing Activities 12,993 (18,497)
Financing Activities    
Dividends Paid (79,668) (81,612)
Purchases of Treasury Stock (92,426) (53,145)
Distributions to Noncontrolling Interest in Subsidiaries (4,092) (10,455)
Contributions from Noncontrolling Interest in Subsidiaries 101,297 15,014
Payments to Acquire Additional Equity in HFML (163,696) 0
Proceeds from New Borrowings 82,150 100,000
Payments on Debt (55,000) (110,000)
Other Financing Activities (1,948) (1,616)
Net Cash Provided (Used) by Financing Activities (213,383) (141,814)
Effect of Exchange Rates on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents (2,758) (3,408)
Net Increase (Decrease) in Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents (102,192) 79,739
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 206,443 329,250
Less: Restricted Cash Recorded in Other Current Assets 4,449 6,091
Less: Restricted Cash and Restricted Cash Equivalents Recorded in Other Long-Term Assets 302 312
Cash and Cash Equivalents $ 201,692 $ 322,847