Cohen & steers, inc. (CNS)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10
Cash flows from operating activities:
Net income

8,068

37,960

36,398

32,649

39,977

25,298

29,731

25,569

28,924

20,806

25,738

22,998

22,944

26,191

23,831

24,921

17,867

12,334

12,209

19,023

20,771

15,173

18,037

22,924

19,600

19,428

19,817

8,509

15,501

22,044

12,567

15,027

18,258

16,074

9,542

15,759

12,902

12,751

13,163

11,601

8,890

Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Stock-based compensation expense

6,970

6,792

7,253

7,098

6,668

6,470

6,111

6,157

5,888

6,014

5,629

5,389

5,328

5,275

4,841

4,920

7,072

5,563

5,196

5,937

5,990

6,396

6,340

6,263

5,932

5,353

5,434

5,874

4,878

4,461

4,060

4,579

4,462

5,771

4,319

4,382

4,203

3,796

3,819

3,814

3,671

Amortization of deferred commissions

443

343

267

233

236

294

362

430

473

455

587

804

954

-

-

-

-

-

-

-

-

-

-

-

545

-

776

810

765

705

595

545

496

489

497

415

343

293

244

232

190

Depreciation and amortization

1,152

1,079

1,100

1,115

1,102

1,068

1,138

1,205

1,062

1,072

1,111

1,023

1,111

-1,348

2,004

1,693

1,897

1,513

1,545

1,586

1,569

1,622

1,478

2,092

1,262

4,505

1,423

1,340

1,347

1,344

1,384

1,438

1,396

1,296

1,279

1,295

1,186

1,138

1,126

1,113

1,154

Amortization of right-of-use assets

2,479

2,393

2,599

2,545

2,511

2,521

2,517

2,613

1,713

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred rent

-

-

-

-

-

-

-

-

-

-

59

59

57

61

63

57

-42

-279

-204

-208

51

50

52

46

-1,532

-489

-496

-489

-480

-485

-493

137

130

138

142

138

112

105

116

130

96

Amortization (accretion) of premium (discount) on held-to-maturity investments

84

85

107

242

59

149

97

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Gain) loss from trading investmentsnet

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-376

1,017

-207

-744

-1,386

205

-451

-

-

2,762

983

344

2,383

-10,963

1,624

831

3,999

-2,469

1,721

495

21

-99

-378

-

-

-

-

Equity in (earnings) losses of affiliatesnet

-

-

-

-

-

-

-

-

-

-

-

-

-

-

130

2,640

427

-2,738

-5,893

-666

-1,081

-

-

1,429

935

418

313

-427

536

336

71

-129

772

1,614

-5,248

627

-14

2,825

1,005

-1,361

541

(Gain) loss from investments—net

-22,027

1,463

4,472

1,874

13,864

-9,572

413

-603

-4,502

1,283

912

-194

19

3,921

944

158

-30

-2,599

-469

320

100

-1,695

2,608

52

1,076

751

180

837

491

197

437

-84

687

154

-368

232

358

1,961

2,124

3,281

198

Deferred income taxes

281

-12

74

-24

58

-500

-2,856

-2,005

3,988

819

-2,276

-4,263

5,406

-1,725

-1,736

-1,505

4,066

-2,505

1,436

-4,418

12,879

-926

-2,292

-1,889

4,828

-1,977

-2,202

-2,379

3,471

-2,127

-1,362

-1,597

4,913

-1,763

-1,589

-1,462

4,399

-1,473

-1,005

-1,192

3,893

Foreign currency (gain) losses

-158

-49

-118

-19

177

545

-1,525

-367

1,136

31

-174

1,548

-1,452

-2,882

-40

-397

1,635

256

-226

-439

852

2,386

-2,096

1,058

-760

-309

617

820

-1,750

-1,970

1,962

389

-953

88

596

147

-2

178

99

210

-117

Changes in operating assets and liabilities:
Accounts receivable

4,716

-6,464

11,370

-5,592

9,415

-10,274

11,049

-12,063

8,026

-8,518

11,880

-9,589

13,840

-12,965

14,494

-6,410

8,294

-7,922

7,996

-10,041

10,691

-9,944

10,694

-8,178

9,344

-11,529

6,346

-12,306

14,602

-14,802

12,195

-6,961

14,947

-11,178

10,827

-2,721

9,012

-2,157

8,777

-3,722

6,229

Due from brokers

-1,598

-1,934

994

-1,274

1,225

7,990

-5,185

-355

5,361

-138

-7,885

12,293

580

-808

464

959

646

-7

4,327

469

-490

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred commissions

440

561

443

325

299

183

207

244

348

493

449

509

443

512

1,277

1,166

954

760

484

660

668

530

505

555

366

303

350

976

770

653

913

650

765

368

451

577

519

404

345

243

229

Investments within consolidated funds

2,011

-1,657

17,482

-20,371

18,543

26,340

12,500

8,285

34,057

-873

533

58,392

2,200

164

294

-972

4,470

25,062

5,374

-737

337

9,117

12,244

29,205

1,204

3,817

-4,776

-3,646

16,178

6,399

11,543

2,080

45,325

-4,542

-3,357

272

234

-1

-8

12,506

189

Income tax receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,164

1,101

-43

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-777

Loss from trading securities, net

2,011

-1,657

17,482

-20,371

18,543

26,340

12,500

8,285

34,057

-873

533

58,392

2,200

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-8

12,506

189

Securities owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,164

Other assets

2,343

-3,405

3,661

-3,433

3,297

524

690

-262

1,737

87

263

182

44

1,600

-800

-121

763

1,066

-707

-6,180

7,087

-1,382

-381

1,335

-381

752

-1,298

248

-1,244

360

1,726

-324

-107

425

521

-205

856

-498

-194

839

-693

Accrued compensation

-35,309

10,719

13,859

12,208

-32,366

11,992

10,956

10,581

-31,188

11,013

11,319

9,502

-25,770

8,788

11,279

8,325

-23,537

8,328

6,914

8,610

-21,624

7,164

7,350

7,296

-18,695

5,713

6,146

5,928

-17,939

3,334

8,944

7,612

-16,851

3,925

6,716

6,825

-14,021

6,931

5,145

4,413

-8,097

Distribution and service fees payable

-1,289

-1,185

1,700

-57

-1,633

-27

2,159

-413

543

-1,693

835

641

-4

-655

1,042

272

-399

-738

605

-2,409

1,739

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liabilities

-2,762

-2,698

-2,798

-2,739

-2,720

-2,568

-2,531

-2,670

-1,773

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Due to brokers

-284

-1,267

-368

1,363

317

1,328

-1,682

-1,662

3,855

-456

-8,097

11,835

0

-577

550

-22

1,820

-128

4,492

0

0

0

1,165

-1,390

225

6,960

5,330

-7,438

-5,650

-4,213

1,125

4,343

-11,817

-3,699

0

-232

232

0

-700

0

2,487

Securities sold but not yet purchased

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-12,417

-2,268

3,978

611

-3,562

5,224

-599

0

0

0

0

0

0

-1,171

Income tax payable

968

2,040

1,513

-8,702

8,680

-290

4,644

-8,692

3,109

7,530

3,779

-7,323

6,531

178

3,392

-7,038

5,578

5,272

123

238

-402

830

1,894

-5,936

192

-1,271

-900

4,604

-3,459

6,235

-3,182

3,656

-2,264

-2,813

-112

5,036

-6,499

3,486

4,424

-595

-258

Other liabilities and accrued expenses

-459

103

4,685

1,473

-5,454

3,574

956

-1,098

497

473

-387

2,850

-2,581

681

1,317

-250

15

681

2,143

1,438

-2,816

-469

621

3,483

-2,792

1,097

9,292

-3,753

7,638

-2,159

2,344

1,042

3,203

-2,460

2,913

1,392

-2,684

2,839

884

512

-558

Net cash provided by (used in) operating activities

-5,553

67,667

27,871

75,410

-29,503

33,275

33,259

35,136

-29,072

53,608

32,201

-19,744

-1,812

54,200

30,070

33,219

-2,531

21,442

32,173

35,839

342

35,661

16,083

2,933

-95

34,790

41,497

26,028

-26,443

42,083

-5,267

39,794

-56,267

28,659

19,980

34,442

-10,636

26,944

14,836

9,118

3,142

Cash flows from investing activities:
Proceeds from redemptions of equity method investments

-

-

-

-

-

0

13

-2

26

29

12

0

0

724

-569

157

51

1,180

0

0

4

-13

10,440

432

22

-5

7,063

389

294

0

854

-7

-36

-

-

-

-

-

-

-

-

Purchases to investments

9,634

3,167

29,045

-5,961

24,692

2,862

53,352

3,487

3,856

1,965

2,384

3,007

9,545

923

3,156

1,889

2,128

1,557

1,174

1,523

1,409

1,778

2,448

1,504

2,099

2,016

2,715

3,233

2,231

2,198

4,631

5,280

8,624

4,713

16,941

4,911

11,046

4,672

5,644

5,039

4,393

Proceeds from sales of investments

2,392

19,132

26,450

9,590

34,420

2,652

6,254

2,897

1,993

1,639

4,350

13,076

6,746

5,656

9,780

3,436

1,942

347

2,340

3,250

1,366

1,730

2,680

1,680

6,609

6,456

2,488

14,246

3,510

2,016

6,653

7,198

9,869

7,886

6,960

5,901

7,956

18,402

14,727

16,970

4,774

Purchases of equity investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

Purchases of property and equipment

843

555

614

594

989

966

751

847

906

801

889

903

649

2,829

2,121

3,785

1,448

787

827

813

0

1,027

2,728

1,456

705

1,903

1,501

1,410

1,416

1,004

798

505

1,054

708

984

500

735

1,140

945

363

406

Proceeds from sales of property and equipment

73

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) investing activities

-8,012

15,428

-3,179

14,961

8,739

-1,176

-47,836

-1,439

-2,743

-1,074

1,065

9,166

-3,448

1,906

4,656

-2,081

-1,583

-817

339

914

-39

-1,088

7,944

-848

3,827

2,532

5,335

9,992

157

-1,186

2,078

1,406

155

11,265

-10,965

490

-3,825

12,751

7,977

11,568

-25

Cash flows from financing activities:
Excess tax benefits associated with restricted stock units

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

86

-2

64

4,674

25

39

71

2,427

31

13

29

1,952

62

26

16

2,801

1

32

9

1,441

1

8

77

303

Issuance of common stock

259

122

206

139

274

88

132

158

219

100

133

184

219

117

140

179

206

89

109

141

200

86

110

156

139

72

86

116

134

82

102

118

137

85

94

118

169

78

90

108

150

Repurchase of common stock

25,847

0

23

32

10,353

0

45

49

10,505

0

69

32

9,040

0

103

562

7,375

0

54

471

18,709

37

98

994

10,593

8

52

104

7,798

7

88

91

8,298

17

176

131

6,323

12

127

336

2,911

Dividends to stockholders

18,653

111,637

17,027

17,026

17,015

132,534

15,452

15,448

15,445

59,369

12,984

12,981

12,979

34,950

11,955

11,950

11,970

34,099

11,364

11,360

11,354

54,675

9,858

19,704

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Distributions to redeemable noncontrolling interest

1,946

7,505

3,952

29,041

2,985

6,529

95

2,286

1,952

214

0

38

11

149

12

54

127

3

7

0

0

4,029

4,213

615

130

0

3,578

8,910

1,754

4,791

2,526

1,121

0

-

-

-

-

-

-

-

-

Contributions from redeemable noncontrolling interests

2,639

6,576

23,757

1,475

13,917

36,156

987

10,067

34,423

1,525

1

44,958

174

111

35

143

3,734

10,668

4

44

235

12,301

16,720

5,437

1,820

0

1,213

17,608

18,890

11,014

14,054

6,620

23,444

0

0

0

0

-

-

-

-

Net cash provided by (used in) financing activities

-43,548

-112,444

2,961

-44,485

-16,162

-102,819

-14,473

-7,558

6,740

-57,958

-12,919

32,091

-21,637

-34,871

-11,895

-12,244

-15,532

-23,259

-11,314

-11,582

-24,954

-46,329

2,700

-15,649

-6,337

-53,042

-11,173

-8,964

11,424

-67,226

3,693

-10,205

18,084

-6,413

-53,464

-12,960

-4,713

-4,202

-89,637

-6,720

-2,458

Effect of foreign exchange rate changes on cash and cash equivalents

-1,279

2,373

-1,434

-163

579

-1,007

-219

-1,054

267

3

112

216

348

-1,118

-398

-1,124

-168

-885

-758

1,143

-794

-1,113

-1,248

147

73

152

721

137

-278

501

463

-1,327

809

-899

-1,010

1,016

666

-121

2,113

-1,181

-916

Net increase (decrease) in cash and cash equivalents

-57,113

-29,349

27,653

45,886

-36,926

-70,720

-29,050

26,139

-25,075

-5,424

20,347

21,513

-26,897

21,235

22,831

18,894

-19,646

-2,634

21,198

25,171

-24,651

-11,756

26,727

-13,564

-2,605

-15,720

35,659

27,056

-14,862

-26,329

504

30,995

-38,028

33,511

-44,449

21,972

-19,174

35,493

-66,824

13,966

659

Supplemental Cash Flow Information [Abstract]
Income Taxes Paid, Net

1,784

-

-

-

1,641

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restricted stock unit dividend equivalents, net of forfeitures

388

-

-

-

647

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

SICAV Preferred
Noncontrolling Interest, Decrease from Deconsolidation

114,192

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

SICAV GRE
Noncontrolling Interest, Period Increase (Decrease)

45,988

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-