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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
REVENUES    
Commissions and fees $ 500,338 $ 444,566
Investment income 601 243
Other income, net 522 20,271
Total revenues 501,461 465,080
EXPENSES    
Employee compensation and benefits 270,899 245,866
Other operating expenses 76,313 66,919
(Gain)/loss on disposal (2,420) (100)
Amortization 20,539 21,620
Depreciation 5,552 6,098
Interest 9,671 9,682
Change in estimated acquisition earn-out payables 2,466 4,028
Total expenses 383,020 354,113
Income before income taxes 118,441 110,967
Income taxes 27,613 40,857
Net income $ 90,828 $ 70,110
Net income per share:    
Basic (in dollars per share) $ 0.33 $ 0.25
Diluted (in dollars per share) 0.32 0.25
Dividends declared per share (in dollars per share) $ 0.08 $ 0.07