Federated hermes, inc. (FII)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08
Operating Activities
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

277,125

222,299

294,901

221,514

171,986

149,822

166,355

197,628

155,083

189,163

208,540

231,433

Adjustments to Reconcile Net Income to Net Cash Provided (Used) by Operating Activities
Amortization of Deferred Sales Commissions

2,077

2,967

8,025

11,980

15,054

12,699

9,153

7,465

7,378

12,197

18,462

31,376

Depreciation and Other Amortization

25,922

17,087

10,637

9,578

9,535

10,704

10,435

10,445

14,400

21,075

23,751

24,509

Share-Based Compensation Expense

25,100

23,900

22,500

22,445

22,685

21,711

20,560

20,135

19,006

19,124

18,775

15,062

Subsidiary Share-Based Compensation Expense

7,888

4,239

0

-

-

-

-

-

-

-

-

-

(Gain) Loss on Disposal of Assets

1,085

-298

7,193

-1,070

-3,413

6,514

14,950

5,093

2,834

2,584

47

4,059

Provision (Benefit) for Deferred Income Taxes

7,452

12,257

-59,272

17,496

19,263

21,614

19,213

25,025

17,252

24,213

5,250

987

Fair-Value Adjustments for Contingent Liabilities

-

-

-

-

415

-1,589

941

793

-900

0

0

-

Net Unrealized (Gain) Loss on Investments

6,915

-4,322

889

4,624

-

-

-

-

-

-

-

-

Net Sales (Purchases) of Investments—Consolidated Investment Companies

-26,434

16,696

133,992

4,746

-

-

-

-

-

-

-

-

Impairment of assets

-

-

-

-

1,342

0

3,731

3,000

0

10,191

21,663

541

Tax benefit from share-based compensation

-

-

-

-

-

-

-

-

179

1,830

-41

8,576

Excess tax benefits from share-based compensation

-

-

-

-

-

-

-

-

1,693

3,005

1,259

6,734

Net sales (purchases) of trading securities

-

-

-

-

-11,388

-2,580

66,246

66,403

-102,738

-25,803

-13,629

-4,324

Consolidation/deconsolidation of investment companies

-

-

-

-

213

-6,777

3,718

947

-

-

-

-

Adoption of New Accounting Pronouncement

-

-

-

-2,653

0

0

-

-

-

-

-

-

Deferred Sales Commissions Paid

-

-

-

11,801

13,898

17,316

12,650

12,102

9,386

10,638

11,949

11,114

Contingent Deferred Sales Charges Received

-

-

-

2,195

2,350

1,792

1,838

1,383

1,443

2,275

3,399

8,080

Distributions from Equity Investments

-

-

-

0

-

-

-

-

-

-

-

-

Proceeds from sale of certain B-share-related future revenue

-

-

-

-

-

-

-

-

-

1,223

5,296

-5,878

Other Changes in Assets and Liabilities:
(Increase) Decrease in Receivables, net

7,250

9,907

6,129

11,044

5,505

-1,821

4,906

2,552

-2,188

2,408

-13,932

-2,979

(Increase) Decrease in Prepaid Expenses and Other Assets

-7,411

210

115

-1,114

-4,471

-136

1,675

-3,578

-1,255

-11,391

15,481

-4,382

Increase (Decrease) in Accounts Payable and Accrued Expenses

30,912

-96,231

-13,875

6,001

5,451

709

-9,698

7,727

-3,990

-14,249

-10,800

-5,180

Increase in income taxes payable

-

-

-

-

-

-

-

-

-

-

-

429

Increase (Decrease) in Other Liabilities

-7,220

8,572

4,785

-2,346

7,797

6,250

4,543

-6,853

15,047

-18,048

8,727

8,134

Net Cash Provided (Used) by Operating Activities

334,940

206,282

387,375

265,671

233,184

192,482

260,972

316,343

113,490

215,947

274,589

310,955

Investing Activities
Purchases of Investments—Affiliates and Other

103,445

7,267

5,779

24,153

-

-

-

-

-

-

-

-

Purchases of securities available for sale

-

-

-

-

5,461

84,988

91,866

58,284

73,192

99,284

1,388

16

Cash Paid for Business Acquisitions, Net of Cash Acquired

-785

168,430

4,352

0

0

9,697

8,524

14,064

53,507

49,561

24,332

133,863

Cash Paid for Asset Acquisitions

58,046

1,962

0

-

-

-

-

-

-

-

-

-

Proceeds from Redemptions of Investments—Affiliates and Other

81,068

20,283

20,930

15,953

5,756

87,117

108,595

92,398

27,492

55,121

363

11,036

Cash Paid for Property and Equipment

15,045

17,274

9,799

12,839

6,026

8,850

10,316

8,675

8,247

7,870

26,210

10,307

Other Investing Activities

0

-211

0

-

-

-

-

-

-

-

-

-

Distribution from Equity Investment

-

-

-

0

-

-

-

-

-

-

-

-

Cash paid for purchased loans

-

-

-

-

-

-

-

-

-

47,178

0

0

Proceeds from sale of purchased loans

-

-

-

-

-

-

-

-

-

1,044

0

0

Proceeds from disposal of property and equipment

-

-

-

-

-

-

-

-

-

3,298

0

4,800

Net Cash Provided (Used) by Investing Activities

-94,683

-174,439

1,000

-21,039

-5,731

-16,418

-2,111

11,375

-107,454

-144,430

-51,567

-128,350

Financing Activities
Dividends Paid

109,100

106,900

101,500

205,468

104,628

104,840

102,515

256,750

99,960

228,651

98,499

375,651

Purchases of Treasury Stock

15,740

29,247

48,642

81,771

53,868

27,239

12,995

6,633

28,545

13,462

20,102

42,146

Distributions to Noncontrolling Interest in Subsidiaries

3,580

18,492

10,337

18,291

5,686

12,402

88,682

21,460

3,726

11,347

9,490

7,649

Contributions from Noncontrolling Interest in Subsidiaries

9,356

2,801

4,687

17,868

16,409

12,129

21,671

14,070

6,511

10,074

11,521

502

Cash Paid for Amended and Restated Credit Agreement

-

-

-

-

0

-

-

-

-

-

-

-

Proceeds from Shareholders for Share-Based Compensation

1,431

1,444

1,299

1,436

1,552

2,046

1,545

1,604

16,795

11,590

6,409

19,592

Proceeds from New Borrowings

8,800

87,650

0

0

-

-

-

-

-

407,000

54,800

262,400

Payments on Contingent Consideration Liabilities

-

-

-

-

2,015

-

-

-

-

-

-

-

Cash paid for business acquisitions

-

-

-

-

-

-2,991

0

0

-

-

-

-

Excess tax benefits from share-based compensation

-

-

-

-

3,644

2,666

1,973

2,974

1,693

3,005

1,259

6,734

Payments on Debt

43,800

122,650

21,250

25,500

25,500

34,000

42,500

42,500

42,500

129,250

105,871

85,489

Other Financing Activities

0

-678

-1,167

-640

-

-609

-500

-711

-5,787

-12,172

1,163

1,290

Payments on debt - nonrecourse

-

-

-

-

-

-

-

-

-

-

19,198

37,100

Net Cash Provided (Used) by Financing Activities

-152,680

-186,115

-176,921

-312,366

-170,092

-165,240

-222,003

-309,406

-155,519

36,787

-178,008

-257,517

Effect of Exchange Rates on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents

4,508

-5,111

0

0

-

-

-

-

-

-

-

-

Net Increase (Decrease) in Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents

92,085

-159,383

211,454

-67,734

57,361

10,824

36,858

18,312

-149,483

108,304

45,014

-74,912

Income taxes

72,612

61,573

118,412

104,581

77,247

66,733

72,196

79,817

72,149

77,072

126,837

117,448

Interest

4,606

5,320

4,109

3,487

3,985

8,758

11,288

13,091

15,893

12,941

4,351

1,232