2013 Q4 Form 10-Q Financial Statement

#000035089413000048 Filed on October 24, 2013

View on sec.gov

Income Statement

Concept 2013 Q4 2013 Q3 2012 Q3
Revenue $299.0M $280.7M $251.8M
YoY Change 14.29% 11.48% 7.94%
Cost Of Revenue $65.20M $57.80M $53.40M
YoY Change 15.4% 8.24% 1.52%
Gross Profit $233.8M $76.34M $198.4M
YoY Change 13.94% -61.52% 9.86%
Gross Profit Margin 78.19% 27.2% 78.81%
Selling, General & Admin $150.8M $146.4M $128.7M
YoY Change 11.37% 13.75% 9.91%
% of Gross Profit 64.5% 191.77% 64.87%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $14.50M $5.616M $5.761M
YoY Change 5.84% -2.52% 7.76%
% of Gross Profit 6.2% 7.36% 2.9%
Operating Expenses $165.4M $160.9M $144.9M
YoY Change 11.08% 11.04% 11.89%
Operating Profit $68.40M $61.94M $53.49M
YoY Change 21.49% 15.8% 4.6%
Interest Expense $32.60M $195.0K $115.0K
YoY Change 3.82% 69.57% -8.73%
% of Operating Profit 47.66% 0.31% 0.21%
Other Income/Expense, Net $0.00 $0.00 $0.00
YoY Change
Pretax Income $101.1M $93.99M $83.50M
YoY Change 15.44% 12.56% 11.48%
Income Tax $35.50M $26.79M $32.42M
% Of Pretax Income 35.13% 28.51% 38.82%
Net Earnings $65.52M $67.20M $50.74M
YoY Change 15.78% 32.42% 3.07%
Net Earnings / Revenue 21.91% 23.94% 20.16%
Basic Earnings Per Share $0.39 $0.39 $0.29
Diluted Earnings Per Share $0.37 $0.38 $0.29
COMMON SHARES
Basic Shares Outstanding 170.6M shares 171.8M shares 173.6M shares
Diluted Shares Outstanding 176.0M shares 175.4M shares

Balance Sheet

Concept 2013 Q4 2013 Q3 2012 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $599.4M $547.9M $418.8M
YoY Change 26.91% 30.83% -6.71%
Cash & Equivalents $578.3M $527.2M $397.7M
Short-Term Investments $21.10M $20.70M $21.10M
Other Short-Term Assets $16.17M $19.35M $18.82M
YoY Change -11.37% 2.79% -16.73%
Inventory
Prepaid Expenses
Receivables $211.5M $212.8M $209.2M
Other Receivables $14.50M $13.20M $17.00M
Total Short-Term Assets $847.1M $800.0M $670.5M
YoY Change 20.77% 19.32% 5.02%
LONG-TERM ASSETS
Property, Plant & Equipment $119.0M $118.5M $131.9M
YoY Change -6.73% -10.16% -0.91%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $149.5M $148.5M $196.3M
YoY Change -6.09% -24.35% -4.29%
Other Assets $10.92M $11.51M $23.53M
YoY Change -22.97% -51.08% 9.43%
Total Long-Term Assets $592.1M $591.7M $661.9M
YoY Change -2.69% -10.61% -0.51%
TOTAL ASSETS
Total Short-Term Assets $847.1M $800.0M $670.5M
Total Long-Term Assets $592.1M $591.7M $661.9M
Total Assets $1.439B $1.392B $1.332B
YoY Change 9.87% 4.45% 2.2%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $16.24M $7.275M $3.567M
YoY Change 44.34% 103.95% -48.3%
Accrued Expenses $188.1M $136.6M $121.8M
YoY Change 36.02% 12.14% 16.05%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $208.0M $145.3M $126.5M
YoY Change 36.83% 14.81% -4.86%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $8.600M $8.700M $11.10M
YoY Change 22.86% -21.62% -0.89%
Total Long-Term Liabilities $8.600M $8.700M $11.10M
YoY Change 22.86% -21.62% -0.89%
TOTAL LIABILITIES
Total Short-Term Liabilities $208.0M $145.3M $126.5M
Total Long-Term Liabilities $8.600M $8.700M $11.10M
Total Liabilities $283.2M $225.1M $233.3M
YoY Change 12.15% -3.51% -6.71%
SHAREHOLDERS EQUITY
Retained Earnings $431.6M $462.6M $468.9M
YoY Change 6.33% -1.34%
Common Stock $722.9M $702.4M $606.7M
YoY Change 15.48% 15.77%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.156B $1.167B $1.081B
YoY Change
Total Liabilities & Shareholders Equity $1.439B $1.392B $1.332B
YoY Change 9.87% 4.45% 2.2%

Cashflow Statement

Concept 2013 Q4 2013 Q3 2012 Q3
OPERATING ACTIVITIES
Net Income $65.52M $67.20M $50.74M
YoY Change 15.78% 32.42% 3.07%
Depreciation, Depletion And Amortization $14.50M $5.616M $5.761M
YoY Change 5.84% -2.52% 7.76%
Cash From Operating Activities $110.9M $117.0M $70.80M
YoY Change -0.63% 65.25% -14.39%
INVESTING ACTIVITIES
Capital Expenditures -$14.40M -$15.70M -$12.90M
YoY Change 118.18% 21.71% -6.52%
Acquisitions
YoY Change
Other Investing Activities $1.900M -$20.20M $6.400M
YoY Change -96.72% -415.63% -328.57%
Cash From Investing Activities -$12.50M -$35.90M -$6.600M
YoY Change -124.32% 443.94% -60.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -47.40M -40.90M -14.00M
YoY Change -56.31% 192.14% -82.41%
NET CHANGE
Cash From Operating Activities 110.9M 117.0M 70.80M
Cash From Investing Activities -12.50M -35.90M -6.600M
Cash From Financing Activities -47.40M -40.90M -14.00M
Net Change In Cash 51.00M 40.20M 50.20M
YoY Change -6.42% -19.92% -474.63%
FREE CASH FLOW
Cash From Operating Activities $110.9M $117.0M $70.80M
Capital Expenditures -$14.40M -$15.70M -$12.90M
Free Cash Flow $125.3M $132.7M $83.70M
YoY Change 6.01% 58.54% -13.26%

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CY2013Q3 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
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us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
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us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Other Comprehensive Income Loss
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us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Other Comprehensive Income Loss
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us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Issues
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0 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Issues
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetIssues
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us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
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us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
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us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales
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us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements
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us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
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us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Net
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us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3
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0 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3
0 USD
CY2012Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
50093000 USD
CY2011Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
52623000 USD
CY2012Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
1203000 USD
CY2013Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
0 USD
CY2013Q3 us-gaap Financial Instruments Owned Us Government And Agency Obligations At Fair Value
FinancialInstrumentsOwnedUSGovernmentAndAgencyObligationsAtFairValue
20728000 USD
CY2012Q4 us-gaap Financial Instruments Owned Us Government And Agency Obligations At Fair Value
FinancialInstrumentsOwnedUSGovernmentAndAgencyObligationsAtFairValue
20088000 USD
CY2013Q3 us-gaap Furniture And Fixtures Gross
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16909000 USD
CY2012Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
18535000 USD
us-gaap Gain Loss On Investments
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638000 USD
CY2013Q3 us-gaap Gain Loss On Investments
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535000 USD
us-gaap Gain Loss On Investments
GainLossOnInvestments
7577000 USD
CY2012Q3 us-gaap Gain Loss On Investments
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3708000 USD
us-gaap Gain Loss On Investments Excluding Other Than Temporary Impairments
GainLossOnInvestmentsExcludingOtherThanTemporaryImpairments
638000 USD
us-gaap Gain Loss On Investments Excluding Other Than Temporary Impairments
GainLossOnInvestmentsExcludingOtherThanTemporaryImpairments
7577000 USD
CY2013Q3 us-gaap Gain Loss Related To Litigation Settlement
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us-gaap Gain Or Loss On Sale Of Stock In Subsidiary
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CY2012Q3 us-gaap Gain Or Loss On Sale Of Stock In Subsidiary
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0 USD
CY2013Q3 us-gaap Gain Or Loss On Sale Of Stock In Subsidiary
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us-gaap Gain Or Loss On Sale Of Stock In Subsidiary
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us-gaap Income Loss Attributable To Noncontrolling Interest
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2013Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
334335000 USD
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24928000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
74970000 USD
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IncomeLossFromEquityMethodInvestments
31028000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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us-gaap Income Tax Expense Benefit
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us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2013Q3 us-gaap Income Tax Expense Benefit
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26791000 USD
CY2012Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
32415000 USD
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us-gaap Increase Decrease In Accounts Payable
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3149000 USD
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us-gaap Increase Decrease In Deferred Income Taxes
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21443000 USD
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863000 USD
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us-gaap Increase Decrease In Other Operating Assets
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1063000 USD
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1671000 USD
us-gaap Increase Decrease In Other Operating Liabilities
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2803000 USD
us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
3203000 USD
us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
8495000 USD
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
54995000 USD
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
17255000 USD
us-gaap Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
-500000 USD
us-gaap Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
0 USD
CY2013Q3 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
12654000 USD
us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
34873000 USD
us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
37028000 USD
CY2012Q3 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
11749000 USD
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195000 USD
us-gaap Interest Expense
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389000 USD
CY2012Q3 us-gaap Interest Expense
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us-gaap Interest Expense
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422000 USD
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InvestmentAdvisoryManagementAndAdministrativeFees
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us-gaap Investment Advisory Management And Administrative Fees
InvestmentAdvisoryManagementAndAdministrativeFees
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CY2013Q3 us-gaap Investment Advisory Management And Administrative Fees
InvestmentAdvisoryManagementAndAdministrativeFees
208780000 USD
us-gaap Investment Advisory Management And Administrative Fees
InvestmentAdvisoryManagementAndAdministrativeFees
532650000 USD
CY2013Q3 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
679000 USD
CY2012Q3 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
1490000 USD
us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
2420000 USD
us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
4417000 USD
CY2012Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
77398000 USD
CY2013Q3 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
57429000 USD
CY2012Q4 us-gaap Land
Land
9929000 USD
CY2013Q3 us-gaap Land
Land
9929000 USD
CY2012Q4 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
5037000 USD
CY2013Q3 us-gaap Leasehold Improvements Gross
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4467000 USD
CY2013Q3 us-gaap Liabilities
Liabilities
225132000 USD
CY2012Q4 us-gaap Liabilities
Liabilities
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CY2013Q3 us-gaap Liabilities And Stockholders Equity
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1391699000 USD
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CY2012Q4 us-gaap Liabilities Current
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LiabilityForUncertainTaxPositionsNoncurrent
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CY2013Q3 us-gaap Liability For Uncertain Tax Positions Noncurrent
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8703000 USD
CY2013Q2 us-gaap Loss Contingency Date Of Dismissal
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2013-04-24
CY2013Q3 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
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CY2012Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
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CY2013Q3 us-gaap Minority Interest
MinorityInterest
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CY2012Q4 us-gaap Minority Interest
MinorityInterest
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CY2012Q3 us-gaap Minority Interest
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us-gaap Nature Of Operations
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:6px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Nature of Operations </font></div><div style="line-height:120%;padding-top:6px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">SEI Investments Company (the Company), a Pennsylvania corporation, provides investment processing, investment management, and investment operations solutions to corporations, financial institutions, financial advisors, and ultra-high-net-worth families in the United States, Canada, the United Kingdom, continental Europe, and other various locations throughout the world. Investment processing solutions consist of application and business process outsourcing services, professional services and transaction-based services. Revenues from investment processing solutions are recognized in Information processing and software servicing fees on the accompanying Consolidated Statements of Operations, except for fees earned associated with trade execution services.</font></div><div style="line-height:120%;padding-top:6px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Investment management programs consist of mutual funds, alternative investments and separate accounts. These include a series of money market, equity, fixed-income and alternative investment portfolios, primarily in the form of registered investment companies. The Company serves as the administrator and investment advisor for many of these products. Revenues from investment management programs are recognized in Asset management, administration and distribution fees on the accompanying Consolidated Statements of Operations.</font></div><div style="line-height:120%;padding-top:6px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Investment operations solutions offer investment managers support for traditional investment products such as mutual funds, collective investment trusts, exchange-traded funds, and institutional and separate accounts, by providing outsourcing services including&#160;fund and investment accounting, administration, reconciliation, investor servicing and client reporting.&#160;These solutions also provide support to managers focused on alternative investments who manage hedge funds, funds of hedge funds, private equity funds and real estate funds, across registered, partnership and separate account structures domiciled in the United States and overseas. Revenues from investment operations solutions are recognized in Asset management, administration and distribution fees on the accompanying Consolidated Statements of Operations.</font></div></div>
us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Net Income Loss
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us-gaap Net Income Loss
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us-gaap Net Income Loss Attributable To Noncontrolling Interest
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CY2013Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
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us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
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CY2012Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
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us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
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us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
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CY2012Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
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CY2013Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
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us-gaap Noncontrolling Interest Decrease From Deconsolidation
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CY2013Q3 us-gaap Occupancy Net
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CY2012Q3 us-gaap Occupancy Net
OccupancyNet
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us-gaap Occupancy Net
OccupancyNet
47280000 USD
us-gaap Occupancy Net
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us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
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us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
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OperatingCostsAndExpenses
204314000 USD
CY2012Q3 us-gaap Operating Costs And Expenses
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CY2013Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
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us-gaap Operating Income Loss
OperatingIncomeLoss
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CY2012Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
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us-gaap Operating Income Loss
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CY2012Q4 us-gaap Other Assets Current
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CY2012Q4 us-gaap Other Assets Noncurrent
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us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest
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us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
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us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
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us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
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OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
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CY2013Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
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CY2012Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
4060000 USD
CY2013Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
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451000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
27000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
287000 USD
CY2013Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
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CY2012Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
4000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
-19000 USD
CY2013Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
23000 USD
CY2012Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
586000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
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CY2013Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
354000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
642000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
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CY2013Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
111000 USD
CY2012Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
230000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
307000 USD
CY2012Q4 us-gaap Other Employee Related Liabilities Current
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CY2013Q3 us-gaap Other Employee Related Liabilities Current
OtherEmployeeRelatedLiabilitiesCurrent
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CY2013Q3 us-gaap Other Marketable Securities Noncurrent
OtherMarketableSecuritiesNoncurrent
4841000 USD
CY2012Q4 us-gaap Other Marketable Securities Noncurrent
OtherMarketableSecuritiesNoncurrent
5909000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
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us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
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CY2013Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
0 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
43429000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
0 USD
CY2012Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
0 USD
us-gaap Payments For Repurchase Of Common Stock
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us-gaap Payments For Repurchase Of Common Stock
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CY2013Q3 us-gaap Other Receivables
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13209000 USD
CY2012Q4 us-gaap Other Receivables
OtherReceivables
9870000 USD
us-gaap Payments To Acquire Marketable Securities
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22505000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
34400000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
52635000 USD
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
48653000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
10413000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
21651000 USD
us-gaap Payments To Acquire Software
PaymentsToAcquireSoftware
31044000 USD
us-gaap Payments To Acquire Software
PaymentsToAcquireSoftware
25894000 USD
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;padding-left:72px;text-indent:-42px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Reclassifications</font></div><div style="line-height:120%;padding-top:6px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain prior year amounts have been reclassified to conform to current year presentation.</font></div></div>
us-gaap Proceeds From Contributions From Affiliates
ProceedsFromContributionsFromAffiliates
72306000 USD
us-gaap Proceeds From Contributions From Affiliates
ProceedsFromContributionsFromAffiliates
109173000 USD
us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
0 USD
us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
6028000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
30624000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
54788000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
36938000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
29462000 USD
CY2012Q3 us-gaap Professional Fees
ProfessionalFees
27314000 USD
CY2013Q3 us-gaap Professional Fees
ProfessionalFees
33367000 USD
us-gaap Professional Fees
ProfessionalFees
98667000 USD
us-gaap Professional Fees
ProfessionalFees
80598000 USD
us-gaap Profit Loss
ProfitLoss
151060000 USD
us-gaap Profit Loss
ProfitLoss
222959000 USD
CY2013Q3 us-gaap Profit Loss
ProfitLoss
67195000 USD
CY2012Q3 us-gaap Profit Loss
ProfitLoss
51086000 USD
CY2013Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
333147000 USD
CY2012Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
328999000 USD
CY2013Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
118494000 USD
CY2012Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
127581000 USD
CY2012Q4 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
91468000 USD
CY2013Q3 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
95448000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-112000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-180000 USD
CY2012Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
171734000 USD
CY2013Q3 us-gaap Receivables Net Current
ReceivablesNetCurrent
186382000 USD
CY2013Q3 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
5500000 USD
CY2012Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
6000000 USD
us-gaap Revenues
Revenues
730887000 USD
CY2013Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
462633000 USD
CY2012Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
405914000 USD
CY2013Q3 us-gaap Revenues
Revenues
280655000 USD
us-gaap Revenues
Revenues
827108000 USD
CY2012Q3 us-gaap Revenues
Revenues
251752000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Accelerated Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardAcceleratedCompensationCost
13440000 USD
CY2013Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
6676000 shares
CY2013Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
18.54
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
37171000 USD
CY2013Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
22146000 shares
CY2013Q3 us-gaap Share Price
SharePrice
30.91
CY2013Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
82557000 USD
CY2013Q3 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit
4985000 USD
us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount
45744000 USD
us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
4879000 shares
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
145269000 USD
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
1038180000 USD
CY2013Q3 us-gaap Stockholders Equity
StockholdersEquity
1166567000 USD
CY2012Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1057329000 USD
CY2013Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1166567000 USD
CY2012Q4 us-gaap Trading Securities Equity
TradingSecuritiesEquity
5909000 USD
CY2013Q3 us-gaap Trading Securities Equity
TradingSecuritiesEquity
4841000 USD
CY2012Q4 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
116019000 USD
CY2013Q3 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
126943000 USD
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
615000 USD
CY2013Q3 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
409000 USD
CY2012Q3 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
596000 USD
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-1173000 USD
CY2013Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
13688000 USD
CY2012Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
12323000 USD
CY2013Q3 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
957000 USD
CY2012Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
770000 USD
CY2012Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
9965000 USD
CY2013Q3 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
10608000 USD
us-gaap Unusual Or Infrequent Item Earnings Per Share Impact Net
UnusualOrInfrequentItemEarningsPerShareImpactNet
0.08
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1448000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
3993000 shares
CY2012Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1940000 shares
CY2013Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
4735000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
176036000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
176317000 shares
CY2013Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
176043000 shares
CY2012Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
175369000 shares
CY2012Q3 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
173429000 shares
CY2013Q3 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
171308000 shares
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
174869000 shares
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
172043000 shares
CY2012Q4 seic Accrued Sub Advisory Distribution And Other Asset Management Fees
AccruedSubAdvisoryDistributionAndOtherAssetManagementFees
17548000 USD
CY2013Q3 seic Accrued Sub Advisory Distribution And Other Asset Management Fees
AccruedSubAdvisoryDistributionAndOtherAssetManagementFees
23839000 USD
CY2012Q3 seic Brokerage Commissions
BrokerageCommissions
5542000 USD
seic Brokerage Commissions
BrokerageCommissions
17483000 USD
seic Brokerage Commissions
BrokerageCommissions
18291000 USD
CY2013Q3 seic Brokerage Commissions
BrokerageCommissions
5519000 USD
CY2013Q3 seic Capitalized Software Weighted Average Remaining Life
CapitalizedSoftwareWeightedAverageRemainingLife
P8Y9M
CY2013Q3 seic Compensation Benefits And Other Personnel
CompensationBenefitsAndOtherPersonnel
89311000 USD
seic Compensation Benefits And Other Personnel
CompensationBenefitsAndOtherPersonnel
244855000 USD
seic Compensation Benefits And Other Personnel
CompensationBenefitsAndOtherPersonnel
264636000 USD
CY2012Q3 seic Compensation Benefits And Other Personnel
CompensationBenefitsAndOtherPersonnel
85781000 USD
CY2012Q4 seic Gross Liability For Unrecognized Tax Benefits Exclusive Of Interest And Penalties
GrossLiabilityForUnrecognizedTaxBenefitsExclusiveOfInterestAndPenalties
11553000 USD
CY2013Q3 seic Gross Liability For Unrecognized Tax Benefits Exclusive Of Interest And Penalties
GrossLiabilityForUnrecognizedTaxBenefitsExclusiveOfInterestAndPenalties
12731000 USD
CY2013Q3 seic Information Processing And Software Service Fees
InformationProcessingAndSoftwareServiceFees
64606000 USD
CY2012Q3 seic Information Processing And Software Service Fees
InformationProcessingAndSoftwareServiceFees
60901000 USD
seic Information Processing And Software Service Fees
InformationProcessingAndSoftwareServiceFees
191606000 USD
seic Information Processing And Software Service Fees
InformationProcessingAndSoftwareServiceFees
174355000 USD
CY2013Q3 seic Investment Availablefor Sale Gross Unrealized Gains
InvestmentAvailableforSaleGrossUnrealizedGains
2347000 USD
CY2012Q4 seic Investment Availablefor Sale Gross Unrealized Gains
InvestmentAvailableforSaleGrossUnrealizedGains
4396000 USD
CY2013Q3 seic Investment Availablefor Sale Gross Unrealized Losses
InvestmentAvailableforSaleGrossUnrealizedLosses
0 USD
CY2012Q4 seic Investment Availablefor Sale Gross Unrealized Losses
InvestmentAvailableforSaleGrossUnrealizedLosses
13000 USD
seic Percentage Not Approached By Expected Return On Any Vie Investment
PercentageNotApproachedByExpectedReturnOnAnyVieInvestment
0.50
seic Sale Of Marketable Securities
SaleOfMarketableSecurities
910000 USD
seic Sale Of Marketable Securities
SaleOfMarketableSecurities
7284000 USD
CY2012Q3 seic Software Royalties And Other Information Processing Costs
SoftwareRoyaltiesAndOtherInformationProcessingCosts
6701000 USD
seic Software Royalties And Other Information Processing Costs
SoftwareRoyaltiesAndOtherInformationProcessingCosts
22912000 USD
CY2013Q3 seic Software Royalties And Other Information Processing Costs
SoftwareRoyaltiesAndOtherInformationProcessingCosts
7541000 USD
seic Software Royalties And Other Information Processing Costs
SoftwareRoyaltiesAndOtherInformationProcessingCosts
19337000 USD
CY2013Q3 seic Subadvisory Distribution And Other Asset Management Costs
SubadvisoryDistributionAndOtherAssetManagementCosts
31209000 USD
seic Subadvisory Distribution And Other Asset Management Costs
SubadvisoryDistributionAndOtherAssetManagementCosts
88795000 USD
CY2012Q3 seic Subadvisory Distribution And Other Asset Management Costs
SubadvisoryDistributionAndOtherAssetManagementCosts
26022000 USD
seic Subadvisory Distribution And Other Asset Management Costs
SubadvisoryDistributionAndOtherAssetManagementCosts
79442000 USD
seic Total Profit Loss
TotalProfitLoss
242496000 USD
seic Transaction Based And Trade Execution Fees
TransactionBasedAndTradeExecutionFees
24367000 USD
CY2013Q3 seic Transaction Based And Trade Execution Fees
TransactionBasedAndTradeExecutionFees
7269000 USD
CY2012Q3 seic Transaction Based And Trade Execution Fees
TransactionBasedAndTradeExecutionFees
7768000 USD
seic Transaction Based And Trade Execution Fees
TransactionBasedAndTradeExecutionFees
23882000 USD
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013
dei Document Period End Date
DocumentPeriodEndDate
2013-09-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0000350894
CY2013Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
170608053 shares
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
SEI INVESTMENTS CO
dei Trading Symbol
TradingSymbol
SEIC

Files In Submission

Name View Source Status
0000350894-13-000048-index-headers.html Edgar Link pending
0000350894-13-000048-index.html Edgar Link pending
0000350894-13-000048.txt Edgar Link pending
0000350894-13-000048-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
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report.css Edgar Link pending
seic-20130930.xml Edgar Link completed
seic-20130930.xsd Edgar Link pending
seic-20130930_cal.xml Edgar Link unprocessable
seic-20130930_def.xml Edgar Link unprocessable
seic-20130930_lab.xml Edgar Link unprocessable
seic-20130930_pre.xml Edgar Link unprocessable
seic-93013x10q.htm Edgar Link pending
seic-93013xex311.htm Edgar Link pending
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seic-93013xex32.htm Edgar Link pending
seic-93013xex991.htm Edgar Link pending
seiexhibit991logo.jpg Edgar Link pending
Show.js Edgar Link pending