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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
REVENUES      
Commissions and fees $ 1,857,270 $ 1,762,787 $ 1,656,951
Investment income 1,626 1,456 1,004
Other income, net 22,451 2,386 2,554
Total revenues 1,881,347 1,766,629 1,660,509
EXPENSES      
Employee compensation and benefits 994,652 925,217 856,952
Non-cash stock-based compensation 30,631 16,052 15,513
Other operating expenses 283,470 262,872 251,055
(Gain)/loss on disposal (2,157) (1,291) (619)
Amortization 85,446 86,663 87,421
Depreciation 22,698 21,003 20,890
Interest 38,316 39,481 39,248
Change in estimated acquisition earn-out payables 9,200 9,185 3,003
Total expenses 1,431,625 1,343,130 1,257,950
Income before income taxes 449,722 423,499 402,559
Income taxes 50,092 166,008 159,241
Net income $ 399,630 $ 257,491 $ 243,318
Net income per share:      
Basic (in dollars per share) $ 2.86 $ 1.84 $ 1.72
Diluted (in dollars per share) 2.81 1.82 1.70
Dividends declared per share (in dollars per share) $ 0.56 $ 0.50 $ 0.45