Federated hermes, inc. (FII)
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
Operating Activities
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

63,265

85,089

73,585

63,840

54,611

61,632

61,994

38,667

60,006

131,974

57,241

54,659

51,027

57,229

58,908

56,418

48,959

49,169

44,136

42,263

36,418

39,604

37,259

37,314

35,645

42,176

37,630

41,861

44,688

51,955

58,193

43,073

44,407

38,624

38,521

42,884

35,054

48,630

48,063

48,275

44,195

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

408

452

495

538

592

648

705

775

839

1,445

1,701

2,271

2,608

3,001

3,123

2,952

2,904

3,280

3,716

4,040

4,018

3,784

3,339

2,937

2,639

2,436

2,330

2,274

2,113

2,089

1,961

1,790

1,625

1,379

1,337

1,880

2,782

2,923

2,988

3,114

3,172

Depreciation and Other Amortization

6,907

6,757

6,714

5,230

7,221

6,320

5,424

2,705

2,638

2,849

2,609

2,595

2,584

2,480

2,239

2,508

2,351

2,351

2,333

2,344

2,507

2,693

2,581

2,686

2,744

2,739

2,701

2,503

2,492

2,565

2,570

2,543

2,767

3,099

3,212

3,486

4,603

5,001

5,126

5,478

5,470

Share-Based Compensation Expense

7,467

5,952

5,960

6,078

7,110

5,656

5,476

5,801

6,967

5,210

5,056

5,562

6,672

5,233

4,285

5,690

7,237

5,330

5,003

5,451

6,901

5,091

4,773

5,530

6,317

4,938

4,864

5,044

5,714

5,176

4,577

4,799

5,583

4,542

4,387

4,619

5,458

4,421

4,081

4,997

5,625

Subsidiary Share-Based Compensation Expense

2,153

1,864

2,125

1,773

2,126

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Gain) Loss on Disposal of Assets

-100

1,096

680

-199

-492

-305

-502

-214

723

1,835

2,008

1,836

1,514

347

-23

-220

-1,174

-1,217

-1,436

-209

-551

-240

1,612

3,516

1,626

4,551

4,820

2,651

2,928

1,725

1,578

1,107

683

391

-167

156

2,454

1,921

962

193

-492

Provision (Benefit) for Deferred Income Taxes

2,746

1,496

618

642

4,696

4,444

2,203

1,292

4,318

-67,498

1,105

1,341

5,780

3,810

1,775

2,641

9,270

6,228

1,459

3,161

8,415

6,764

3,330

3,865

7,655

3,328

2,573

3,180

10,132

2,917

8,310

3,082

10,716

3,782

3,724

5,675

4,071

10,210

3,124

9,933

946

Fair-Value Adjustments for Contingent Liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

894

0

-1

48

-207

0

0

1,000

0

0

0

-900

0

0

0

0

Net Unrealized (Gain) Loss on Investments

-15,748

3,446

543

764

2,162

-2,521

748

-644

-1,905

-130

-348

400

967

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Sales (Purchases) of Investments—Consolidated Investment Companies

3,492

-6,358

-21,977

-6,235

8,136

7,394

1,559

7,243

500

112,678

10,306

8,299

2,709

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Tax benefit from share-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

173

-

-450

175

-67

51

56

-145

217

294

143

-211

1,604

Excess tax benefits from share-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

463

-

283

299

463

246

241

286

920

303

259

288

2,155

Net sales (purchases) of trading securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,776

-3,146

-2,831

159

-4,026

-3,571

-3,950

-1,170

-473

-1,067

130

80,213

-9,306

-3,516

-1,145

-9,827

78,509

-1,526

-753

-94,915

-109

-1,227

-6,487

-22,355

-639

-35

-2,774

Adoption of New Accounting Pronouncement

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-2,653

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred Sales Commissions Paid

-

-

-

-

-

-

-

-

-

-

891

1,522

1,324

1,664

3,313

3,812

3,012

2,807

2,959

3,684

4,448

4,739

4,526

4,574

3,477

3,297

2,858

3,338

3,157

2,826

3,232

2,954

3,090

2,621

2,283

2,228

2,254

2,543

2,633

2,666

2,796

Contingent Deferred Sales Charges Received

-

-

-

-

-

-

-

-

-

-

-

-

-

559

543

515

578

524

694

583

549

486

419

302

585

430

625

358

425

334

297

400

352

252

330

355

506

514

484

592

685

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

2

31

1,190

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

-8,687

7,676

5,503

-6,504

575

445

18,233

-5,347

-3,424

5,826

2,432

-2,031

-98

5,688

-176

-1,922

7,454

4,741

-1,148

1,266

646

-669

195

-681

-666

2,300

2,599

-480

487

-8,360

7,830

1,157

1,925

307

-562

-1,017

-916

1,523

2,349

-3,821

2,357

(Increase) Decrease in Prepaid Expenses and Other Assets

10,369

-8,913

-614

2,683

-567

-842

-5,755

7,625

-818

1,592

-5,066

4,580

-991

-5,890

20

3,006

1,750

1,649

-4,970

424

-1,574

4,456

-4,281

2,490

-2,801

2,704

-2,911

8,899

-7,017

1,069

-4,097

3,951

-4,501

1,425

-11,345

15,284

-6,619

3,035

-1,578

7,485

-20,333

Increase (Decrease) in Accounts Payable and Accrued Expenses

-81,461

34,969

38,941

29,339

-72,337

23,037

-88,822

13,220

-43,666

9,485

19,900

14,372

-57,632

11,795

20,225

15,703

-41,722

18,805

17,934

15,566

-46,854

14,628

16,561

15,566

-46,046

11,738

14,583

12,691

-48,710

13,234

17,743

13,199

-36,449

12,972

9,949

-7,396

-19,515

2,954

11,668

17,256

-46,127

Increase in income taxes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

533

-5,804

6,350

Increase (Decrease) in Other Liabilities

10,108

-4,274

-431

-8,797

6,282

983

5,490

-8,971

11,070

731

2,664

-20,797

22,187

441

1,354

-17,331

13,190

2,617

2,307

-6,755

9,628

2,884

3,395

-9,746

9,717

3,946

-788

-2,572

3,957

-274

-6,281

-5,033

4,735

3,722

-147

-5,532

17,004

-467

311

-17,458

-434

Net Cash Provided (Used) by Operating Activities

29,251

122,599

99,918

95,664

16,759

117,569

-47,673

88,290

48,096

190,012

100,992

63,152

33,219

90,153

86,366

62,911

26,241

80,961

79,643

57,917

14,663

80,792

46,452

47,488

17,750

138,765

54,728

47,706

19,773

76,450

156,603

53,034

30,256

-31,482

70,810

27,662

46,500

44,956

71,259

66,313

33,419

Investing Activities
Purchases of Investments—Affiliates and Other

4,048

15,023

73,060

13,796

1,566

4,186

566

960

1,555

1,049

753

1,759

2,218

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of securities available for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

736

714

823

2,769

774

975

943

2,040

30,868

46,063

6,017

4,251

65,859

20,897

859

7,634

20,866

29,018

766

1,084

60,712

699

10,697

41,082

7,439

50,341

422

Cash Paid for Business Acquisitions, Net of Cash Acquired

4,744

0

0

-785

0

-

-

-

-

0

0

0

4,352

0

0

0

0

-

-

-

-

0

0

468

9,229

5,159

0

0

3,365

6,447

1,200

549

5,868

5,532

2,700

543

44,732

3,434

8,195

32,775

5,157

Proceeds from Redemptions of Investments—Affiliates and Other

2,192

48,429

30,728

726

1,185

297

17,567

847

1,572

3,695

-5,261

8,671

13,825

7,973

7,829

101

50

5,755

1

0

0

0

45,424

32,322

9,371

20,226

32,559

44,052

11,758

16,450

6,405

51,594

17,949

697

15,884

-1

10,912

9,719

45,065

232

105

Cash Paid for Property and Equipment

1,557

3,724

2,457

3,804

5,060

5,374

6,503

2,291

3,106

3,008

3,330

1,328

2,133

2,448

3,314

3,820

3,257

1,408

1,388

2,222

1,008

4,599

1,894

1,145

1,212

1,537

2,793

2,903

3,083

2,200

2,791

2,028

1,656

1,427

1,433

3,530

1,857

2,744

1,560

2,437

1,129

Proceeds from disposal of property and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

3,298

Net Cash Provided (Used) by Investing Activities

-8,157

-28,364

-44,789

-16,089

-5,441

-11,014

-157,932

-2,404

-3,089

-362

-9,344

5,584

5,122

-16,355

3,779

-4,433

-4,030

1,578

-2,161

-3,197

-1,951

-6,639

12,662

-15,354

-7,087

9,279

-36,093

20,252

4,451

169

-18,452

19,999

9,659

-7,346

-48,961

-4,773

-46,374

-39,332

-13,558

-88,235

-3,305

Financing Activities
Dividends Paid

27,304

27,231

27,320

27,332

27,217

27,092

27,204

27,339

25,265

25,214

25,349

25,470

25,467

127,701

25,781

25,996

25,990

26,021

26,159

26,246

26,202

26,149

26,225

26,267

26,199

26,149

26,158

25,145

25,063

181,857

24,989

25,004

24,900

24,899

25,019

25,092

24,950

24,700

24,727

24,770

154,454

Purchases of Treasury Stock

15,000

11,686

1,860

709

1,485

2,183

6,690

16,350

4,024

4,490

14,069

15,212

14,871

20,331

26,243

21,469

13,728

16,762

17,637

9,193

10,276

8,041

4,569

5,920

8,709

6,098

2,230

2,194

2,473

1,456

2,619

1,425

1,133

8,678

8,764

7,426

3,677

4,173

3,169

5,562

558

Distributions to Noncontrolling Interest in Subsidiaries

6,039

392

387

541

2,260

8,714

1,667

6,427

1,684

1,408

3,069

1,417

4,443

4,073

3,841

4,032

6,345

2,651

1,271

949

815

9,255

877

752

1,518

81,774

388

3,987

2,533

2,250

2,406

15,114

1,690

2,205

-18

9

1,530

1,677

2,705

4,484

2,481

Contributions from Noncontrolling Interest in Subsidiaries

5,577

6,805

687

1,822

42

-1,624

3,262

663

500

592

596

681

2,818

3,828

3,266

5,343

5,431

200

5,670

4,754

5,785

1,037

7,875

1,168

2,049

435

11,397

4,815

5,024

340

631

12,752

347

0

0

568

5,943

2,607

2,061

2,010

3,396

Proceeds from Shareholders for Share-Based Compensation

-

-

-

-

-

-

-

-

101

1,209

0

90

0

-

-

-

-

1,453

17

1

81

1,469

97

0

480

1,500

45

0

0

-

-

-

-

1,642

0

1,236

13,917

10,907

196

0

487

Proceeds from New Borrowings

100,000

0

0

0

8,800

8,500

61,150

18,000

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

309,500

97,500

Payments on Contingent Consideration Liabilities

-

-

-

-

-

-

-

-

-

-

0

0

210

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for business acquisitions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

70

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax benefits from share-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,103

343

542

1,656

954

344

361

1,007

862

331

317

463

1,929

283

299

463

246

241

286

920

303

259

288

2,155

Proceeds from new borrowings - nonrecourse

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

10

261

Payments on Debt

5,000

20,000

5,000

5,000

13,800

33,500

79,150

5,000

5,000

5,000

3,500

6,375

6,375

6,375

6,375

6,375

6,375

6,375

6,375

6,375

6,375

6,375

6,375

10,625

10,625

10,625

10,625

10,625

10,625

10,625

10,625

10,625

10,625

10,625

10,625

10,625

10,625

10,625

10,625

85,250

22,750

Other Financing Activities

-1,834

-

-

171

0

-

-

207

-228

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-593

-16

-14

-139

-172

-175

-194

-189

-203

-125

-

-

-

-

-

-

-

-

Payments on debt - nonrecourse

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,055

-

2,249

2,585

2,549

Net Cash Provided (Used) by Financing Activities

50,400

-51,313

-33,858

-31,589

-35,920

-63,884

-50,284

-36,347

-35,600

-34,796

-45,391

-48,186

-48,548

-154,008

-58,901

-52,380

-47,077

-51,068

-45,412

-37,466

-36,146

-49,351

-29,730

-42,628

-43,531

-121,863

-27,767

-36,991

-35,382

-192,518

-39,914

-39,311

-37,663

-44,695

-44,301

-44,466

-22,057

-29,552

-40,959

186,291

-78,993

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

-6,486

8,077

-3,323

-2,510

2,264

-2,768

-2,343

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

65,008

50,999

17,948

45,476

-22,338

39,903

-258,232

49,539

9,407

154,854

46,257

20,550

-10,207

-80,210

31,244

6,098

-24,866

31,471

32,070

17,254

-23,434

24,802

29,384

-10,494

-32,868

26,181

-9,132

30,967

-11,158

-115,899

98,237

33,722

2,252

-83,523

-22,452

-21,577

-21,931

-23,928

16,742

164,369

-48,879