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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
REVENUES        
Commissions and fees $ 925.2 $ 769.7 $ 2,668.2 $ 2,309.6
Investment income 1.2 0.4 1.8 0.9
Other income, net 1.2 0.2 2.0 2.4
Total revenues 927.6 770.3 2,672.0 2,312.9
EXPENSES        
Employee compensation and benefits 470.3 395.0 1,341.3 1,220.1
Other operating expenses 169.6 101.1 450.6 291.7
(Gain)/loss on disposal 0.0 (0.3) (0.9) (4.3)
Amortization 43.5 29.5 108.2 88.6
Depreciation 11.3 9.2 28.3 25.4
Interest 41.5 16.2 95.8 48.8
Change in estimated acquisition earn-out payables (26.6) 23.1 (33.1) 20.6
Total expenses 709.6 573.8 1,990.2 1,690.9
Income before income taxes 218.0 196.5 681.8 622.0
Income taxes 56.9 50.1 155.2 136.6
Net income $ 161.1 $ 146.4 $ 526.6 $ 485.4
Net income per share:        
Basic (in dollars per share) $ 0.57 $ 0.52 $ 1.86 $ 1.72
Diluted (in dollars per share) 0.57 0.52 1.85 1.71
Dividends declared per share (in dollars per share) $ 0.103 $ 0.093 $ 0.309 $ 0.278