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Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2015
Accounting Policies [Abstract]  
Calculation Of Basic And Diluted Earnings Per Share
The calculations of basic and diluted earnings per share for the three months ended March 31, 2015 and 2014 are:
 
For the Three Months Ended March 31, 2015
 
Income
(Numerator)
 
Shares
(Denominator)
 
Per Share
Amount
Basic earnings per common share
$
84,611

 
166,695,000

 
$
0.51

Dilutive effect of stock options

 
4,008,000

 
 
Diluted earnings per common share
$
84,611

 
170,703,000

 
$
0.50


 
For the Three Months Ended March 31, 2014
 
Income
(Numerator)
 
Shares
(Denominator)
 
Per Share
Amount
Basic earnings per common share
$
74,820

 
169,306,000

 
$
0.44

Dilutive effect of stock options

 
4,522,000

 
 
Diluted earnings per common share
$
74,820

 
173,828,000

 
$
0.43

Adjustments To Reconcile Net Income To Net Cash Provided By Operating Activities
The following table provides the details of the adjustments to reconcile net income to net cash provided by operating activities for the three months ended March 31:
 
2015
 
2014
Net income
$
84,611

 
$
74,820

Adjustments to reconcile net income to net cash provided by operating activities:
 
 
 
Depreciation
5,995

 
5,584

Amortization
10,358

 
9,214

Equity in earnings of unconsolidated affiliates
(34,033
)
 
(31,891
)
Distributions received from unconsolidated affiliate
37,003

 
31,505

Stock-based compensation
3,750

 
2,823

Provision for losses on receivables
(117
)
 
(25
)
Deferred income tax expense
(102
)
 
4,686

Gain from sale of SEI AK
(2,791
)
 
(5,582
)
Net gain from investments
(250
)
 
(136
)
Change in other long-term liabilities
464

 
705

Change in other assets
100

 
(3,273
)
Other
(1,628
)
 
(351
)
Change in current asset and liabilities
 
 
 
Decrease (increase) in
 
 
 
Receivables from regulated investment companies
1,387

 
(3,908
)
Receivables
(6,137
)
 
(15,453
)
Other current assets
(6,835
)
 
(3,266
)
Increase (decrease) in
 
 
 
Accounts payable
(3,902
)
 
(7,862
)
Accrued liabilities
(11,812
)
 
(12,199
)
Deferred revenue
1,869

 
101

Total adjustments
(6,681
)
 
(29,328
)
Net cash provided by operating activities
$
77,930

 
$
45,492