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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Operating Activities      
Net Income Including the Noncontrolling Interests in Subsidiaries $ 234,564 $ 272,308 $ 336,022
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities      
Depreciation and Other Amortization 28,085 30,010 29,932
Share-Based Compensation Expense 34,798 30,294 26,669
Subsidiary Share-Based Compensation Expense 707 9,411 8,786
(Gain) Loss on Disposal of Assets 4,844 (6,964) 1,382
Provision (Benefit) for Deferred Income Taxes (18,718) 19,033 18,169
Impairment of Intangible Asset 31,520 0 0
Net Unrealized (Gain) Loss on Investments 24,383 (1,965) (19,403)
Net Sales (Purchases) of Investments—Consolidated Investment Companies (20,170) (179,419) (12,978)
Consolidation/(Deconsolidation) of Investment Companies (20) 10,379 (3,051)
Other Changes in Assets and Liabilities:      
(Increase) Decrease in Receivables, net (4,367) 6,662 11,654
(Increase) Decrease in Prepaid Expenses and Other Assets 18,582 10,275 (33,588)
Increase (Decrease) in Accounts Payable and Accrued Expenses 4,669 (6,365) 695
Increase (Decrease) in Other Liabilities (14,929) (23,276) 8,952
Net Cash Provided (Used) by Operating Activities 323,948 170,383 373,241
Investing Activities      
Purchases of Investments—Affiliates and Other (22,644) (9,429) (25,513)
Cash Paid for Business Acquisitions, net of Cash Acquired (28,111) 0 2,697
Cash Paid for Asset Acquisitions 0 (5,324) 0
Proceeds from Redemptions of Investments—Affiliates and Other 22,770 35,990 11,493
Cash Paid for Property and Equipment (4,372) (10,421) (13,500)
Net Cash Provided (Used) by Investing Activities (32,357) 10,816 (24,823)
Financing Activities      
Dividends Paid (97,915) (105,764) (207,765)
Purchases of Treasury Stock (218,141) (228,349) (66,759)
Distributions to Noncontrolling Interests in Subsidiaries (25,979) (4,926) (16,218)
Contributions from Noncontrolling Interests in Subsidiaries 55,171 107,635 20,985
Payments to Acquire Additional Equity in FHL 0 (165,886) 0
Proceeds from New Borrowings 488,300 295,650 100,000
Payments on Debt (361,650) (147,300) (125,000)
Other Financing Activities (8,299) (532) (379)
Net Cash Provided (Used) by Financing Activities (168,513) (249,472) (295,136)
Effect of Exchange Rates on Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents (20,174) (2,311) 5,842
Net Increase (Decrease) in Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 102,904 (70,584) 59,124
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Beginning of Period 238,051 308,635 249,511
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, End of Period 340,955 238,051 308,635
Less: Restricted Cash Recorded in Other Current Assets 3,773 4,419 6,455
Less: Restricted Cash and Restricted Cash Equivalents Recorded in Other Long-Term Assets 400 305 361
Cash and Cash Equivalents 336,782 233,327 301,819
Cash paid during the year for:      
Income taxes 85,579 91,925 98,730
Interest $ 7,184 $ 1,133 $ 2,393