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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
REVENUES    
Commissions and fees $ 904.3 $ 814.0
Investment income 0.2 0.3
Other income, net 0.2 1.0
Total revenues 904.7 815.3
EXPENSES    
Employee compensation and benefits 459.0 429.5
Other operating expenses 126.8 94.4
(Gain)/loss on disposal (0.2) (0.2)
Amortization 31.1 29.5
Depreciation 8.1 7.5
Interest 18.3 16.3
Change in estimated acquisition earn-out payables (3.4) (0.9)
Total expenses 639.7 576.1
Income before income taxes 265.0 239.2
Income taxes 44.7 39.5
Net income $ 220.3 $ 199.7
Net income per share:    
Basic (in dollars per share) $ 0.78 $ 0.71
Diluted (in dollars per share) 0.77 0.70
Dividends declared per share (in dollars per share) $ 0.103 $ 0.093