Cohen & steers, inc. (CNS)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Revenue:
Total revenue

410,830

381,111

378,696

351,497

328,655

313,934

297,713

273,553

237,246

183,738

123,553

Expenses:
Employee compensation and benefits

143,431

131,292

124,076

115,607

107,710

102,732

94,707

88,517

84,371

71,658

57,962

Distribution and service fees

55,237

50,043

53,338

53,144

36,330

35,470

41,247

41,270

23,867

22,631

14,668

General and administrative

47,632

48,265

42,219

42,989

50,853

47,337

46,802

39,431

35,204

31,173

28,350

Depreciation and amortization

4,396

4,473

4,317

4,246

6,213

6,454

8,615

5,562

5,056

4,531

4,221

Amortization of deferred commissions

-

-

-

-

-

-

-

2,341

1,744

959

789

Total expenses

250,696

234,073

223,950

215,986

201,106

191,993

191,371

177,121

150,242

130,952

105,990

Operating income

160,134

147,038

154,746

135,511

127,549

121,941

106,342

96,432

87,004

52,786

17,563

Non-operating income:
Interest and dividend income—net

6,716

10,426

4,333

2,119

1,600

2,058

2,280

2,530

1,068

1,453

1,870

Gain (loss) from trading investmentsnet

-

-

-

-

-2,376

-1,567

-6,612

4,082

39

-182

14,055

Equity in earnings (losses) of affiliatesnet

-

-

-

-

-10,378

-1,955

840

1,050

-3,021

3,010

340

Gain (loss) from investments—net

21,673

-14,264

2,020

4,993

-2,648

2,041

2,259

1,237

376

7,564

-30,245

Foreign currency gain (loss)—net

-974

579

-699

780

-1,003

-504

-745

-1,028

1,395

863

571

Total non-operating income (loss)

27,415

-3,259

5,654

7,892

-14,805

73

-1,978

7,871

-143

12,708

-13,409

Income before provision for income taxes

187,549

143,779

160,400

143,403

112,744

122,014

104,364

104,303

86,861

65,494

4,154

Provision for income taxes

40,565

34,257

67,914

50,593

48,407

46,280

41,109

36,407

32,584

19,089

4,490

Net income

146,984

109,522

92,486

92,810

64,337

75,734

63,255

67,896

54,277

46,405

-336

Less: Net (income) loss attributable to redeemable noncontrolling interests

12,363

-4,374

547

-126

-214

224

-4,864

1,779

-30

8

1,374

Net income attributable to common stockholders

134,621

113,896

91,939

92,936

64,551

75,510

68,119

66,117

54,307

46,397

-1,710

Earnings per share attributable to common stockholders:
Basic (in dollars per share)

2.85

2.43

1.98

2.02

1.42

1.69

1.54

1.51

1.26

1.09

-0.04

Diluted (in dollars per share)

2.79

2.40

1.96

2.00

1.41

1.65

1.51

1.49

1.23

1.07

-0.04

Weighted average shares outstanding:
Basic (shares)

47,273

46,794

46,353

45,951

45,433

44,788

44,272

43,766

43,190

42,715

42,339

Diluted (shares)

48,297

47,381

46,979

46,432

45,897

45,643

45,083

44,482

43,975

43,227

42,339

Investment advisory and administration fees
Total revenue

378,578

349,870

344,900

311,859

303,729

291,744

271,109

244,529

221,879

169,844

112,566

Distribution and service fees

-

-

-

49,780

-

-

-

-

-

-

-

Distribution and service fees
Total revenue

30,000

29,100

30,700

28,825

16,001

14,667

14,359

11,334

9,718

9,078

7,545

General and administrative

-

-

-

42,989

-

-

-

-

-

-

-

Other
Total revenue

2,204

2,151

3,049

10,813

8,925

7,523

12,245

17,690

5,649

4,816

3,442