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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
REVENUES        
Commissions and fees $ 461,652 $ 431,863 $ 1,329,649 $ 1,252,888
Investment income 230 228 1,150 708
Other income, net 392 76 2,166 2,316
Total revenues 462,274 432,167 1,332,965 1,255,912
EXPENSES        
Employee compensation and benefits 237,653 216,156 692,814 645,419
Other operating expenses 67,433 66,121 197,329 191,591
Gain on disposal (277) (654) (3,131) (1,259)
Amortization 21,805 22,158 65,025 65,406
Depreciation 5,195 5,215 15,867 15,635
Interest 9,883 9,882 29,617 29,404
Change in estimated acquisition earn-out payables 3,610 459 6,846 2,194
Total expenses 345,302 319,337 1,004,367 948,390
Income before income taxes 116,972 112,830 328,598 307,522
Income taxes 45,427 45,403 128,733 122,139
Net income $ 71,545 $ 67,427 $ 199,865 $ 185,383
Net income per share:        
Basic (in dollars per share) $ 0.51 $ 0.48 $ 1.43 $ 1.31
Diluted (in dollars per share) 0.50 0.47 1.41 1.29
Dividends declared per share (in dollars per share) $ 0.1225 $ 0.11 $ 0.3675 $ 0.33