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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
REVENUES        
Commissions and fees $ 1,049.3 $ 925.2 $ 3,193.2 $ 2,668.2
Investment income 16.6 1.2 33.8 1.8
Other income, net 1.8 1.2 3.9 2.0
Total revenues 1,067.7 927.6 3,230.9 2,672.0
EXPENSES        
Employee compensation and benefits 531.6 470.3 1,632.9 1,341.3
Other operating expenses 167.7 169.6 490.2 450.6
(Gain)/loss on disposal (2.8)   (8.9) (0.9)
Amortization 41.1 43.5 123.7 108.2
Depreciation 10.4 11.3 30.5 28.3
Interest 47.5 41.5 142.1 95.8
Change in estimated acquisition earn-out payables 29.9 (26.6) 29.4 (33.1)
Total expenses 825.4 709.6 2,439.9 1,990.2
Income before income taxes 242.3 218.0 791.0 681.8
Income taxes 66.4 56.9 189.2 155.2
Net income $ 175.9 $ 161.1 $ 601.8 $ 526.6
Net income per share:        
Basic (in dollars per share) $ 0.62 $ 0.57 $ 2.12 $ 1.86
Diluted (in dollars per share) 0.62 0.57 2.11 1.85
Dividends declared per share (in dollars per share) $ 0.115 $ 0.103 $ 0.345 $ 0.309