XML 47 R34.htm IDEA: XBRL DOCUMENT v3.20.2
Summary of Significant Accounting Policies (Narrative) (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Dec. 31, 2019
Summary of Significant Accounting Policies [Line Items]          
Cash and cash equivalents invested in SEI-sponsored money market funds $ 767,698   $ 767,698   $ 841,446
Restricted cash 3,101   3,101   3,101
Capitalized software development costs     18,640 $ 26,821  
Net book value of capitalized software $ 278,226   $ 278,226   296,068
Anti-dilutive employee stock options (in shares) 8,813 6,239 8,342 6,269  
Anti-dilutive employee stock options (in USD per share) $ 57.98 $ 54.91 $ 58.18 $ 54.84  
SEI Wealth Platform          
Summary of Significant Accounting Policies [Line Items]          
Capitalized software development costs     $ 17,208 $ 26,029  
Net book value of capitalized software $ 264,085   264,085    
Capitalized software in progress 63,066   63,066   55,332
Amortization expense of capitalized software     $ 32,576 31,567  
SEI Wealth Platform | Weighted Average          
Summary of Significant Accounting Policies [Line Items]          
Weighted average remaining life     8 years 6 months    
SEI-Sponsored Open-Ended Money Market Mutual Funds          
Summary of Significant Accounting Policies [Line Items]          
Cash and cash equivalents invested in SEI-sponsored money market funds 305,382   $ 305,382   414,581
SEI Investments (Europe) Limited          
Summary of Significant Accounting Policies [Line Items]          
Restricted cash 3,000   3,000   3,000
SEI Investments Distribution Co. (SIDCO)          
Summary of Significant Accounting Policies [Line Items]          
Restricted cash 101   101   $ 101
SEI-Sponsored Open-Ended Money Market Mutual Funds          
Summary of Significant Accounting Policies [Line Items]          
Fees waived $ 8,575 $ 6,390 $ 24,930 $ 21,091