$SEIC
SEI INVESTMENTS CO Stock $seic

$seic Overview Financials Valuation SEC Filings Company Website

2017 Q3 Form 10-Q Financial Statement

#000035089417000047 Filed on July 27, 2017

Income Statement

Concept	2017 Q3	2017 Q2	2016 Q2
Revenue	$386.0M	$372.3M	$343.8M
YoY Change	8.85%	8.29%	1.8%
Cost Of Revenue	$75.60M	$73.90M	$70.80M
YoY Change	5.0%	4.38%	-0.28%
Gross Profit	$114.7M	$113.0M	$107.4M
YoY Change	1.39%	5.2%	-1.21%
Gross Profit Margin	29.72%	30.34%	31.23%
Selling, General & Admin	$190.5M	$182.0M	$161.8M
YoY Change	13.8%	12.48%	4.79%
% of Gross Profit	166.04%	161.12%	150.69%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$6.948M	$6.599M	$6.434M
YoY Change	5.66%	2.56%	10.11%
% of Gross Profit	6.06%	5.84%	5.99%
Operating Expenses	$211.2M	$201.2M	$179.5M
YoY Change	13.92%	12.09%	5.09%
Operating Profit	$99.24M	$97.23M	$93.52M
YoY Change	2.08%	3.96%	-2.5%
Interest Expense	$345.0K	$114.0K	$187.0K
YoY Change	200.0%	-39.04%	64.04%
% of Operating Profit	0.35%	0.12%	0.2%
Other Income/Expense, Net
YoY Change
Pretax Income	$140.8M	$135.2M	$124.9M
YoY Change	7.55%	8.21%	-6.66%
Income Tax	$39.03M	$43.39M	$43.90M
% Of Pretax Income	27.73%	32.1%	35.15%
Net Earnings	$101.7M	$91.77M	$81.01M
YoY Change	17.34%	13.29%	-6.07%
Net Earnings / Revenue	26.36%	24.65%	23.56%
Basic Earnings Per Share	$0.64	$0.58	$0.50
Diluted Earnings Per Share	$0.63	$0.57	$0.49
COMMON SHARES
Basic Shares Outstanding	158.1M shares	158.7M shares	162.0M shares
Diluted Shares Outstanding	161.1M shares	161.7M shares	165.1M shares

Balance Sheet

Concept	2017 Q3	2017 Q2	2016 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$706.4M	$681.8M	$616.1M
YoY Change	9.6%	10.66%	-4.63%
Cash & Equivalents	$685.0M	$660.4M	$594.8M
Short-Term Investments	$21.50M	$21.40M	$21.30M
Other Short-Term Assets	$30.54M	$31.95M	$30.21M
YoY Change	0.85%	5.76%	32.25%
Inventory
Prepaid Expenses
Receivables	$311.4M	$298.6M	$270.7M
Other Receivables	$13.10M	$13.00M	$18.50M
Total Short-Term Assets	$1.065B	$1.029B	$940.9M
YoY Change	9.03%	9.34%	0.04%
LONG-TERM ASSETS
Property, Plant & Equipment	$148.1M	$145.5M	$138.7M
YoY Change	-0.77%	4.93%	7.77%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$130.2M	$136.6M	$134.8M
YoY Change	-5.24%	1.34%	-0.3%
Other Assets	$17.05M	$16.65M	$13.86M
YoY Change	6.11%	20.19%	-19.0%
Total Long-Term Assets	$686.4M	$605.3M	$579.5M
YoY Change	15.02%	4.46%	-0.99%
TOTAL ASSETS
Total Short-Term Assets	$1.065B	$1.029B	$940.9M
Total Long-Term Assets	$686.4M	$605.3M	$579.5M
Total Assets	$1.751B	$1.634B	$1.520B
YoY Change	11.3%	7.48%	-0.36%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$4.429M	$5.407M	$3.541M
YoY Change	-36.8%	52.7%	-42.32%
Accrued Expenses	$185.4M	$170.6M	$145.7M
YoY Change	8.56%	17.06%	10.6%
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	$192.9M	$178.8M	$152.7M
YoY Change	6.75%	17.06%	5.84%
LONG-TERM LIABILITIES
Long-Term Debt	$40.00M	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$16.20M	$14.10M	$12.30M
YoY Change	14.89%	14.63%	9.82%
Total Long-Term Liabilities	$56.20M	$14.10M	$12.30M
YoY Change	298.58%	14.63%	9.82%
TOTAL LIABILITIES
Total Short-Term Liabilities	$192.9M	$178.8M	$152.7M
Total Long-Term Liabilities	$56.20M	$14.10M	$12.30M
Total Liabilities	$318.9M	$262.4M	$232.1M
YoY Change	22.47%	13.04%	5.57%
SHAREHOLDERS EQUITY
Retained Earnings	$448.4M	$409.4M	$380.7M
YoY Change	11.87%	7.55%	-12.62%
Common Stock	$1.004B	$990.3M	$935.0M
YoY Change	6.52%	5.91%	5.77%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.433B	$1.372B	$1.288B
YoY Change
Total Liabilities & Shareholders Equity	$1.751B	$1.634B	$1.520B
YoY Change	11.3%	7.48%	-0.36%

Cashflow Statement

Concept	2017 Q3	2017 Q2	2016 Q2
OPERATING ACTIVITIES
Net Income	$101.7M	$91.77M	$81.01M
YoY Change	17.34%	13.29%	-6.07%
Depreciation, Depletion And Amortization	$6.948M	$6.599M	$6.434M
YoY Change	5.66%	2.56%	10.11%
Cash From Operating Activities	$131.5M	$111.9M	$84.90M
YoY Change	4.45%	31.8%	7.6%
INVESTING ACTIVITIES
Capital Expenditures	-$25.40M	-$23.40M	-$14.50M
YoY Change	-18.85%	61.38%	-11.59%
Acquisitions
YoY Change
Other Investing Activities	-$75.90M	$2.000M	-$9.900M
YoY Change	1846.15%	-120.2%	33.78%
Cash From Investing Activities	-$101.2M	-$21.60M	-$24.50M
YoY Change	188.32%	-11.84%	2.94%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-11.90M	-97.50M	-99.40M
YoY Change	-80.27%	-1.91%	28.42%
NET CHANGE
Cash From Operating Activities	131.5M	111.9M	84.90M
Cash From Investing Activities	-101.2M	-21.60M	-24.50M
Cash From Financing Activities	-11.90M	-97.50M	-99.40M
Net Change In Cash	18.40M	-7.200M	-39.00M
YoY Change	-39.67%	-81.54%	74.89%
FREE CASH FLOW
Cash From Operating Activities	$131.5M	$111.9M	$84.90M
Capital Expenditures	-$25.40M	-$23.40M	-$14.50M
Free Cash Flow	$156.9M	$135.3M	$99.40M
YoY Change	-0.19%	36.12%	4.3%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2017
	dei	Document Period End Date DocumentPeriodEndDate	2017-06-30
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0000350894
CY2017Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	158107559	shares
	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
	dei	Entity Registrant Name EntityRegistrantName	SEI INVESTMENTS COMPANY
	dei	Trading Symbol TradingSymbol	SEIC
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CY2017Q2	seic	Accrued Sub Advisory Distribution And Other Asset Management Fees Current AccruedSubAdvisoryDistributionAndOtherAssetManagementFeesCurrent	36935000	USD
CY2016Q4	seic	Accumulated Other Comprehensive Income Loss Availableforsale Securities Adjustment Tax AccumulatedOtherComprehensiveIncomeLossAvailableforsaleSecuritiesAdjustmentTax	-299000	USD
CY2017Q2	seic	Accumulated Other Comprehensive Income Loss Availableforsale Securities Adjustment Tax AccumulatedOtherComprehensiveIncomeLossAvailableforsaleSecuritiesAdjustmentTax	-224000	USD
CY2016Q4	seic	Allowancefor Doubtful Receivables AllowanceforDoubtfulReceivables	523000	USD
CY2017Q2	seic	Allowancefor Doubtful Receivables AllowanceforDoubtfulReceivables	680000	USD
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.316
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	9940000	USD
CY2016Q2	seic	Brokerage Commissions BrokerageCommissions	5093000	USD
	seic	Brokerage Commissions BrokerageCommissions	12201000	USD
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	seic	Brokerage Commissions BrokerageCommissions	9185000	USD
CY2016Q2	seic	Compensation Benefitsand Other Personnel CompensationBenefitsandOtherPersonnel	102282000	USD
	seic	Compensation Benefitsand Other Personnel CompensationBenefitsandOtherPersonnel	204213000	USD
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	seic	Compensation Benefitsand Other Personnel CompensationBenefitsandOtherPersonnel	218498000	USD
CY2016Q4	seic	Gross Liability For Unrecognized Tax Benefits Exclusive Of Interest And Penalties GrossLiabilityForUnrecognizedTaxBenefitsExclusiveOfInterestAndPenalties	17287000	USD
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	seic	Information Processing And Software Service Fees InformationProcessingAndSoftwareServiceFees	148391000	USD
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	seic	Information Processing And Software Service Fees InformationProcessingAndSoftwareServiceFees	152579000	USD
CY2016Q4	seic	Receivables Gross Current ReceivablesGrossCurrent	228480000	USD
CY2017Q2	seic	Receivables Gross Current ReceivablesGrossCurrent	263224000	USD
	seic	Sale Of Marketable Securities SaleOfMarketableSecurities	185000	USD
	seic	Sale Of Marketable Securities SaleOfMarketableSecurities	0	USD
CY2016Q2	seic	Segment Profit Loss SegmentProfitLoss	107375000	USD
	seic	Segment Profit Loss SegmentProfitLoss	210025000	USD
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	seic	Segment Profit Loss SegmentProfitLoss	221081000	USD
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CY2017Q2	us-gaap	Common Stock Value CommonStockValue	1580000	USD
CY2016Q2	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	75922000	USD
	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	156365000	USD
CY2017Q2	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	99267000	USD
	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	190446000	USD
CY2016Q2	us-gaap	Costs And Expenses CostsAndExpenses	250308000	USD
	us-gaap	Costs And Expenses CostsAndExpenses	497759000	USD
CY2017Q2	us-gaap	Costs And Expenses CostsAndExpenses	275104000	USD
	us-gaap	Costs And Expenses CostsAndExpenses	541571000	USD
CY2016Q4	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	2880000	USD
CY2017Q2	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	2809000	USD
CY2016Q4	us-gaap	Deferred Tax Assets Liabilities Net Noncurrent DeferredTaxAssetsLiabilitiesNetNoncurrent	2127000	USD
CY2017Q2	us-gaap	Deferred Tax Assets Liabilities Net Noncurrent DeferredTaxAssetsLiabilitiesNetNoncurrent	1773000	USD
CY2016Q4	us-gaap	Deferred Tax Liabilities DeferredTaxLiabilities	69693000	USD
CY2017Q2	us-gaap	Deferred Tax Liabilities DeferredTaxLiabilities	69419000	USD
CY2016Q2	us-gaap	Depreciation Depreciation	6434000	USD
	us-gaap	Depreciation Depreciation	12881000	USD
CY2017Q2	us-gaap	Depreciation Depreciation	6599000	USD
	us-gaap	Depreciation Depreciation	13399000	USD
CY2016Q2	us-gaap	Depreciation Nonproduction DepreciationNonproduction	6434000	USD
	us-gaap	Depreciation Nonproduction DepreciationNonproduction	12881000	USD
CY2017Q2	us-gaap	Depreciation Nonproduction DepreciationNonproduction	6599000	USD
	us-gaap	Depreciation Nonproduction DepreciationNonproduction	13399000	USD
CY2016Q2	us-gaap	Disposal Group Not Discontinued Operation Gain Loss On Disposal DisposalGroupNotDiscontinuedOperationGainLossOnDisposal	0	USD
	us-gaap	Disposal Group Not Discontinued Operation Gain Loss On Disposal DisposalGroupNotDiscontinuedOperationGainLossOnDisposal	2791000	USD
CY2017Q2	us-gaap	Disposal Group Not Discontinued Operation Gain Loss On Disposal DisposalGroupNotDiscontinuedOperationGainLossOnDisposal	0	USD
	us-gaap	Disposal Group Not Discontinued Operation Gain Loss On Disposal DisposalGroupNotDiscontinuedOperationGainLossOnDisposal	0	USD
	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	42001000	USD
	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	44264000	USD
CY2016Q4	us-gaap	Dividends Payable Current DividendsPayableCurrent	44596000	USD
CY2017Q2	us-gaap	Dividends Payable Current DividendsPayableCurrent	0	USD
CY2016Q4	us-gaap	Due From Other Related Parties Current DueFromOtherRelatedPartiesCurrent	61761000	USD
CY2017Q2	us-gaap	Due From Other Related Parties Current DueFromOtherRelatedPartiesCurrent	49048000	USD
CY2016Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.50
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.98
CY2017Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.58
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.14
CY2016Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.49
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.96
CY2017Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.57
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.11
	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	-2358000	USD
	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	8488000	USD
CY2016Q2	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.352
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.352
CY2017Q2	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.321
CY2016Q2	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.35
	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.35
CY2017Q2	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.35
	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.35
CY2016Q2	us-gaap	Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential	-0.007
	us-gaap	Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential	-0.007
CY2017Q2	us-gaap	Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential	-0.010
	us-gaap	Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential	-0.010
CY2016Q2	us-gaap	Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost	0.000
	us-gaap	Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost	0.000
CY2017Q2	us-gaap	Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost	-0.030
	us-gaap	Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost	-0.036
CY2016Q2	us-gaap	Effective Income Tax Rate Reconciliation Other Adjustments EffectiveIncomeTaxRateReconciliationOtherAdjustments	-0.005
	us-gaap	Effective Income Tax Rate Reconciliation Other Adjustments EffectiveIncomeTaxRateReconciliationOtherAdjustments	-0.005
CY2017Q2	us-gaap	Effective Income Tax Rate Reconciliation Other Adjustments EffectiveIncomeTaxRateReconciliationOtherAdjustments	-0.006
	us-gaap	Effective Income Tax Rate Reconciliation Other Adjustments EffectiveIncomeTaxRateReconciliationOtherAdjustments	-0.005
CY2016Q2	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	0.014
	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	0.014
CY2017Q2	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	0.017
	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	0.017
CY2017Q2	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized	64208000	USD
CY2016Q2	us-gaap	Employee Service Share Based Compensation Tax Benefit From Compensation Expense EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense	1469000	USD
	us-gaap	Employee Service Share Based Compensation Tax Benefit From Compensation Expense EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense	2768000	USD
CY2017Q2	us-gaap	Employee Service Share Based Compensation Tax Benefit From Compensation Expense EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense	2189000	USD
	us-gaap	Employee Service Share Based Compensation Tax Benefit From Compensation Expense EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense	4342000	USD
	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	67061000	USD
	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	75142000	USD
	us-gaap	Excess Tax Benefit From Share Based Compensation Operating Activities ExcessTaxBenefitFromShareBasedCompensationOperatingActivities	-4004000	USD
	us-gaap	Excess Tax Benefit From Share Based Compensation Operating Activities ExcessTaxBenefitFromShareBasedCompensationOperatingActivities	0	USD
CY2016Q4	us-gaap	Financial Instruments Owned Us Government And Agency Obligations At Fair Value FinancialInstrumentsOwnedUSGovernmentAndAgencyObligationsAtFairValue	21339000	USD
CY2017Q2	us-gaap	Financial Instruments Owned Us Government And Agency Obligations At Fair Value FinancialInstrumentsOwnedUSGovernmentAndAgencyObligationsAtFairValue	21412000	USD
CY2016Q2	us-gaap	Gain Loss On Investments GainLossOnInvestments	250000	USD
	us-gaap	Gain Loss On Investments GainLossOnInvestments	124000	USD
CY2017Q2	us-gaap	Gain Loss On Investments GainLossOnInvestments	44000	USD
	us-gaap	Gain Loss On Investments GainLossOnInvestments	391000	USD
	us-gaap	Gain Loss On Investments Excluding Other Than Temporary Impairments GainLossOnInvestmentsExcludingOtherThanTemporaryImpairments	124000	USD
	us-gaap	Gain Loss On Investments Excluding Other Than Temporary Impairments GainLossOnInvestmentsExcludingOtherThanTemporaryImpairments	391000	USD
CY2016Q2	us-gaap	Gain Or Loss On Sale Of Stock In Subsidiary GainOrLossOnSaleOfStockInSubsidiary	0	USD
	us-gaap	Gain Or Loss On Sale Of Stock In Subsidiary GainOrLossOnSaleOfStockInSubsidiary	2791000	USD
CY2017Q2	us-gaap	Gain Or Loss On Sale Of Stock In Subsidiary GainOrLossOnSaleOfStockInSubsidiary	0	USD
	us-gaap	Gain Or Loss On Sale Of Stock In Subsidiary GainOrLossOnSaleOfStockInSubsidiary	0	USD
CY2016Q2	us-gaap	Gross Profit GrossProfit	107375000	USD
	us-gaap	Gross Profit GrossProfit	207234000	USD
CY2017Q2	us-gaap	Gross Profit GrossProfit	112959000	USD
	us-gaap	Gross Profit GrossProfit	221081000	USD
CY2016Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	124904000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	244542000	USD
CY2017Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	135158000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	263818000	USD
CY2016Q2	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	30285000	USD
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	59477000	USD
CY2017Q2	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	36315000	USD
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	69880000	USD
CY2016Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	43899000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	86040000	USD
CY2017Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	43389000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	83312000	USD
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-970000	USD
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-2329000	USD
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-27634000	USD
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-23324000	USD
	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	311000	USD
	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	-918000	USD
	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	1094000	USD
	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-71000	USD
	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	4006000	USD
	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	4378000	USD
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-1084000	USD
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-122000	USD
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	865000	USD
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-503000	USD
	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	-1032000	USD
	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	-12713000	USD
	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	19357000	USD
	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	34744000	USD
CY2016Q2	us-gaap	Information Technology And Data Processing InformationTechnologyAndDataProcessing	15782000	USD
	us-gaap	Information Technology And Data Processing InformationTechnologyAndDataProcessing	31500000	USD
CY2017Q2	us-gaap	Information Technology And Data Processing InformationTechnologyAndDataProcessing	17883000	USD
	us-gaap	Information Technology And Data Processing InformationTechnologyAndDataProcessing	34655000	USD
CY2016Q2	us-gaap	Interest Expense InterestExpense	187000	USD
	us-gaap	Interest Expense InterestExpense	301000	USD
CY2017Q2	us-gaap	Interest Expense InterestExpense	114000	USD
	us-gaap	Interest Expense InterestExpense	226000	USD
CY2016Q2	us-gaap	Investment Advisory Management And Administrative Fees InvestmentAdvisoryManagementAndAdministrativeFees	262275000	USD
	us-gaap	Investment Advisory Management And Administrative Fees InvestmentAdvisoryManagementAndAdministrativeFees	513712000	USD
CY2017Q2	us-gaap	Investment Advisory Management And Administrative Fees InvestmentAdvisoryManagementAndAdministrativeFees	288490000	USD
	us-gaap	Investment Advisory Management And Administrative Fees InvestmentAdvisoryManagementAndAdministrativeFees	567055000	USD
CY2016Q2	us-gaap	Investment Income Interest And Dividend InvestmentIncomeInterestAndDividend	1033000	USD
	us-gaap	Investment Income Interest And Dividend InvestmentIncomeInterestAndDividend	2116000	USD
CY2017Q2	us-gaap	Investment Income Interest And Dividend InvestmentIncomeInterestAndDividend	1686000	USD
	us-gaap	Investment Income Interest And Dividend InvestmentIncomeInterestAndDividend	3029000	USD
CY2016Q4	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	50459000	USD
CY2017Q2	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	45197000	USD
CY2016Q4	us-gaap	Liabilities Liabilities	333709000	USD
CY2017Q2	us-gaap	Liabilities Liabilities	262354000	USD
CY2016Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1636823000	USD
CY2017Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1634089000	USD
CY2016Q4	us-gaap	Liabilities Current LiabilitiesCurrent	249371000	USD
CY2017Q2	us-gaap	Liabilities Current LiabilitiesCurrent	178793000	USD
CY2016Q4	us-gaap	Liability For Uncertain Tax Positions Current LiabilityForUncertainTaxPositionsCurrent	3866000	USD
CY2017Q2	us-gaap	Liability For Uncertain Tax Positions Current LiabilityForUncertainTaxPositionsCurrent	6293000	USD
CY2016Q4	us-gaap	Liability For Uncertain Tax Positions Noncurrent LiabilityForUncertainTaxPositionsNoncurrent	14645000	USD
CY2017Q2	us-gaap	Liability For Uncertain Tax Positions Noncurrent LiabilityForUncertainTaxPositionsNoncurrent	14142000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-214020000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-181801000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-31970000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-46881000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	163454000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	184855000	USD
CY2016Q2	us-gaap	Occupancy Net OccupancyNet	17122000	USD
	us-gaap	Occupancy Net OccupancyNet	33119000	USD
CY2017Q2	us-gaap	Occupancy Net OccupancyNet	18682000	USD
	us-gaap	Occupancy Net OccupancyNet	36160000	USD
CY2016Q2	us-gaap	Operating Costs And Expenses OperatingCostsAndExpenses	236456000	USD
	us-gaap	Operating Costs And Expenses OperatingCostsAndExpenses	470860000	USD
CY2017Q2	us-gaap	Operating Costs And Expenses OperatingCostsAndExpenses	259372000	USD
	us-gaap	Operating Costs And Expenses OperatingCostsAndExpenses	511234000	USD
CY2016Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	93523000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	180335000	USD
CY2017Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	97227000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	190744000	USD
CY2016Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	50100000	USD
CY2017Q2	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	50310000	USD
CY2016Q4	us-gaap	Other Assets Current OtherAssetsCurrent	27575000	USD
CY2017Q2	us-gaap	Other Assets Current OtherAssetsCurrent	31953000	USD
CY2016Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	15456000	USD
CY2017Q2	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	16653000	USD
CY2016Q2	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	-3000	USD
	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	514000	USD
CY2017Q2	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	276000	USD
	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	230000	USD
	us-gaap	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	9851000	USD
CY2016Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-5080000	USD
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-2651000	USD
CY2017Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	7222000	USD
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	9710000	USD
CY2016Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-5083000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-2137000	USD
CY2017Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	7498000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	9940000	USD
CY2016Q2	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax	23000	USD
	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax	-164000	USD
CY2017Q2	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax	-111000	USD
	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax	-89000	USD
CY2016Q2	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax	12000	USD
	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax	-91000	USD
CY2017Q2	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax	-53000	USD
	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax	-43000	USD
CY2016Q2	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	20000	USD
	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	350000	USD
CY2017Q2	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	165000	USD
	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	141000	USD
CY2016Q2	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax	-49000	USD
	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax	-240000	USD
CY2017Q2	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax	-51000	USD
	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax	-32000	USD
CY2016Q4	us-gaap	Other Marketable Securities Noncurrent OtherMarketableSecuritiesNoncurrent	4858000	USD
CY2017Q2	us-gaap	Other Marketable Securities Noncurrent OtherMarketableSecuritiesNoncurrent	5350000	USD
	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-1030000	USD
	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-492000	USD
CY2016Q4	us-gaap	Other Receivables Gross Current OtherReceivablesGrossCurrent	10826000	USD
CY2017Q2	us-gaap	Other Receivables Gross Current OtherReceivablesGrossCurrent	13019000	USD
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	-200000	USD
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	1450000	USD
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	155730000	USD
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	122066000	USD
	us-gaap	Payments For Software PaymentsForSoftware	19597000	USD
	us-gaap	Payments For Software PaymentsForSoftware	33292000	USD
	us-gaap	Payments Of Dividends PaymentsOfDividends	84626000	USD
	us-gaap	Payments Of Dividends PaymentsOfDividends	88862000	USD
	us-gaap	Payments To Acquire Marketable Securities PaymentsToAcquireMarketableSecurities	32648000	USD
	us-gaap	Payments To Acquire Marketable Securities PaymentsToAcquireMarketableSecurities	28703000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	9049000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	10247000	USD
	us-gaap	Proceeds From Divestiture Of Businesses Net Of Cash Divested ProceedsFromDivestitureOfBusinessesNetOfCashDivested	2791000	USD
	us-gaap	Proceeds From Divestiture Of Businesses Net Of Cash Divested ProceedsFromDivestitureOfBusinessesNetOfCashDivested	0	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	26336000	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	29127000	USD
	us-gaap	Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities	26148000	USD
	us-gaap	Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities	26811000	USD
CY2016Q2	us-gaap	Professional Fees ProfessionalFees	39575000	USD
	us-gaap	Professional Fees ProfessionalFees	78081000	USD
CY2017Q2	us-gaap	Professional Fees ProfessionalFees	48335000	USD
	us-gaap	Professional Fees ProfessionalFees	91484000	USD
CY2016Q2	us-gaap	Profit Loss ProfitLoss	81005000	USD
	us-gaap	Profit Loss ProfitLoss	158502000	USD
CY2017Q2	us-gaap	Profit Loss ProfitLoss	91769000	USD
	us-gaap	Profit Loss ProfitLoss	180506000	USD
CY2016Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	431512000	USD
CY2017Q2	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	443831000	USD
CY2016Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	146190000	USD
CY2017Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	145537000	USD
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	297000	USD
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	157000	USD
CY2016Q4	us-gaap	Receivables Net Current ReceivablesNetCurrent	227957000	USD
CY2017Q2	us-gaap	Receivables Net Current ReceivablesNetCurrent	262544000	USD
	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	-89000	USD
CY2016Q4	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	3500000	USD
CY2017Q2	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	3502000	USD
CY2016Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	384018000	USD
CY2017Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	409409000	USD
CY2016Q2	us-gaap	Revenues Revenues	343831000	USD
	us-gaap	Revenues Revenues	678094000	USD
CY2017Q2	us-gaap	Revenues Revenues	372331000	USD
	us-gaap	Revenues Revenues	732315000	USD
CY2017Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber	5421000	shares
CY2017Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice	21.21
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue	37976000	USD
CY2017Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	16676000	shares
CY2017Q2	us-gaap	Share Price SharePrice	53.78
CY2017Q2	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1	176559000	USD
CY2016Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1303114000	USD
CY2017Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1371735000	USD
CY2016Q4	us-gaap	Unbilled Contracts Receivable UnbilledContractsReceivable	168971000	USD
CY2017Q2	us-gaap	Unbilled Contracts Receivable UnbilledContractsReceivable	193943000	USD
CY2016Q4	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	18511000	USD
CY2017Q2	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	20435000	USD
CY2016Q4	us-gaap	Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued	1224000	USD
CY2017Q2	us-gaap	Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued	1579000	USD
CY2016Q4	us-gaap	Unrecognized Tax Benefits That Would Impact Effective Tax Rate UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate	14868000	USD
CY2017Q2	us-gaap	Unrecognized Tax Benefits That Would Impact Effective Tax Rate UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate	16392000	USD
CY2016Q2	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	3293000	shares
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	3212000	shares
CY2017Q2	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	3384000	shares
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	3518000	shares
CY2016Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	165088000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	165616000	shares
CY2017Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	161709000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	162226000	shares
CY2016Q2	us-gaap	Weighted Average Number Of Shares Issued Basic WeightedAverageNumberOfSharesIssuedBasic	161795000	shares
	us-gaap	Weighted Average Number Of Shares Issued Basic WeightedAverageNumberOfSharesIssuedBasic	162404000	shares
CY2017Q2	us-gaap	Weighted Average Number Of Shares Issued Basic WeightedAverageNumberOfSharesIssuedBasic	158325000	shares
	us-gaap	Weighted Average Number Of Shares Issued Basic WeightedAverageNumberOfSharesIssuedBasic	158708000	shares
	us-gaap	Description Of New Accounting Pronouncements Not Yet Adopted DescriptionOfNewAccountingPronouncementsNotYetAdopted	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:6px;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">New Accounting Pronouncements</font></div><div style="line-height:120%;padding-top:6px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606) (ASU 2014-09), requiring an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. ASU 2014-09 also requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to obtain or fulfill a contract. The updated standard permits the use of either the retrospective or cumulative effect transition method. The FASB has issued several amendments to the standard, including principal versus agent guidance and identifying performance obligations. ASU 2014-09 will become effective for the Company during the first quarter 2018. </font></div><div style="line-height:120%;padding-top:6px;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company continues to assess the impact of ASU 2014-09 on its revenue arrangements. The Company expects the adoption of ASU 2014-09 to have an impact to its business processes, financial reporting disclosures and internal controls over financial reporting (ICFR). </font></div><div style="line-height:120%;padding-top:6px;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As part of its project plan’s preliminary assessment and design implementation phases for the adoption of ASU 2014-09, the Company has adopted implementation controls that allows it to properly and timely adopt ASU 2014-09 on the effective date. The Company will make continuous updates to the quarterly and year-end disclosures, with a focus on both status and internal controls over financial reporting. The new standard will have a significant impact to the Company's financial statement disclosures, including identifying information that the Company will have to develop under the new standard.</font></div><div style="line-height:120%;padding-top:6px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company’s implementation plan includes the following:</font></div><table cellpadding="0" cellspacing="0" style="padding-top:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:77px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:46px;"><font style="font-family:inherit;font-size:10pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Developed a phased implementation project plan with a specific timeline and milestones;</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:77px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:46px;"><font style="font-family:inherit;font-size:10pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Developed an understanding of the new standard and its requirements;</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:77px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:46px;"><font style="font-family:inherit;font-size:10pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Analyzed the Company’s revenue streams;</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:77px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:46px;"><font style="font-family:inherit;font-size:10pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Gathering and evaluating the required and relevant information for ASU 2014-09; and</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:77px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:46px;"><font style="font-family:inherit;font-size:10pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Continue to monitor the impact of ASU 2014-09 and the various interpretations and supplemental guidance that become available.</font></div></td></tr></table><div style="line-height:120%;padding-top:6px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Upon its initial assessment, the Company has made the following observations:</font></div><div style="line-height:120%;padding-top:4px;text-align:justify;padding-left:24px;text-indent:54px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Revenue:</font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:138px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:108px;"><font style="font-family:inherit;font-size:10pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company offers many services which are bundled together, and provided and completed for the client on a monthly basis. In assessing these contracts, the Company expects to continue to recognize revenue for these types of services on a monthly basis as the client consumes the benefits continuously over time. Similarly, the Company expects that transaction-based and trade execution fees based on current period activity will not be affected by the adoption of ASU 2014-09. </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:138px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:108px;"><font style="font-family:inherit;font-size:10pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company continues to assess the effect of the adoption of the new standard on the timing of the recognition of implementation fees, which are recognized in Information processing and software servicing fees as well as fund conversion fees and other ancillary fees recognized in Asset management, administration and distribution fees. While the Company has not made a final determination, the timing of the recognition for these revenues may change.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:138px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:108px;"><font style="font-family:inherit;font-size:10pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The new standard also modified some of the principal and agent considerations which may result in changes to gross or net treatment of revenue and expenses but would not affect final net income. </font></div></td></tr></table><div style="line-height:120%;padding-top:4px;text-align:justify;padding-left:24px;text-indent:54px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Contract costs:</font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:138px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:108px;"><font style="font-family:inherit;font-size:10pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company is in the process of evaluating the costs of obtaining these contracts, especially for the information processing and software servicing fees revenue stream, which are affected by the standard. Sales commissions and contract costs related to fund conversions are also being evaluated. Under current guidance, contract costs are expensed at inception of an agreement but under the new standard, the costs will generally be capitalized and amortized over the period of customer life as defined in the new standard, unless a practical expedient is applied to fully expense contract costs for contracts with an amortization period of one year or less.</font></div></td></tr></table><div style="line-height:120%;padding-top:4px;text-align:justify;padding-left:24px;text-indent:54px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Transition method:</font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:138px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:108px;"><font style="font-family:inherit;font-size:10pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The new standard provides companies with alternative methods of adoption. The Company is in the process of determining the method of adoption, which depends in part upon the completion of the evaluation of the remaining revenue arrangements. The Company expects to select the transition method by the third quarter of 2017.</font></div></td></tr></table><div style="line-height:120%;padding-top:6px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Upon completion of the Company’s implementation plan and evaluation of the remaining revenue contracts, the Company plans to adopt additional controls around internal controls over financial reporting and its business processes for any new revenue arrangements that the Company enters. The Company is on target to complete its assessment of ASU 2014-09 and the impact on the Company’s consolidated financial statements and related disclosures as of January 1, 2018. </font></div><div style="line-height:120%;padding-top:6px;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In February 2016, the FASB issued ASU No. 2016-02, Leases (ASU 2016-02) requiring lessees to recognize a right-of-use asset and a lease liability on the balance sheet for all leases with the exception of short-term leases. For lessees, leases will continue to be classified as either operating or finance leases in the income statement. Lessor accounting is similar to the current model but updated to align with certain changes to the lessee model. Lessors will continue to classify leases as operating, direct financing or sales-type leases. The new standard must be adopted using a modified retrospective transition and requires application of the new guidance at the beginning of the earliest comparative period presented. The updated standard is effective for the Company beginning in the first quarter of 2019. Early adoption is permitted. The Company is currently evaluating the transition method that will be elected and the effect that the updated standard will have on its consolidated financial statements and related disclosures.</font></div></div>
	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:6px;text-align:left;text-indent:30px;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:30px;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>

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$SEIC
SEI INVESTMENTS CO Stock $seic

2017 Q3 Form 10-Q Financial Statement

#000035089417000047 Filed on July 27, 2017

Income Statement

Balance Sheet

Cashflow Statement

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Files In Submission

$SEIC SEI INVESTMENTS CO Stock $seic

2017 Q3 Form 10-Q Financial Statement

#000035089417000047 Filed on July 27, 2017

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SEIC
SEI INVESTMENTS CO Stock $seic