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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
REVENUES    
Commissions and fees $ 696,503 $ 617,463
Investment income 1,161 1,081
Other income, net 831 736
Total revenues 698,495 619,280
EXPENSES    
Employee compensation and benefits 349,624 332,837
Other operating expenses 107,132 88,783
(Gain)/loss on disposal (260) 505
Amortization 26,391 26,192
Depreciation 6,021 6,035
Interest 15,291 15,198
Change in estimated acquisition earn-out payables (10,957) 1,210
Total expenses 493,242 470,760
Income before income taxes 205,253 148,520
Income taxes 52,853 34,624
Net income $ 152,400 $ 113,896
Net income per share:    
Basic (in dollars per share) $ 0.54 $ 0.41
Diluted (in dollars per share) 0.54 0.40
Dividends declared per share (in dollars per share) $ 0.085 $ 0.080