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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
REVENUES    
Commissions and fees $ 1,108.0 $ 904.3
Investment income 7.0 0.2
Other income, net 1.0 0.2
Total revenues 1,116.0 904.7
EXPENSES    
Employee compensation and benefits 571.1 459.0
Other operating expenses 160.7 126.8
(Gain)/loss on disposal (5.7) (0.2)
Amortization 41.4 31.1
Depreciation 9.9 8.1
Interest 46.7 18.3
Change in estimated acquisition earn-out payables (2.3) (3.4)
Total expenses 821.8 639.7
Income before income taxes 294.2 265.0
Income taxes 58.7 44.7
Net income $ 235.5 $ 220.3
Net income per share:    
Basic (in dollars per share) $ 0.83 $ 0.78
Diluted (in dollars per share) 0.83 0.77
Dividends declared per share (in dollars per share) $ 0.115 $ 0.103