Company: CNS
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001284812-25-000255
Chunk: 15

Company: COHEN & STEERS, INC.
Filing Date: 2025-08-01
Form: 10-Q
Item: Item 1
Chunk 15
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, net of issuance costs— 68,464 Repurchase of common stock for employee tax withholding(26,598)(19,498)Dividends to stockholders(63,423)(59,201)Net contributions (distributions) from noncontrolling interests172,721 11,096 Other(15)(15)Net cash provided by (used in) financing activities83,264 1,500 Net increase (decrease) in cash and cash equivalents(88,789)(66,006)Effect of foreign exchange rate changes on cash and cash equivalents1,357 (810)Cash and cash equivalents, beginning of the period183,162 189,603 Cash and cash equivalents, end of the period$95,730 $122,787 See notes to condensed consolidated financial statements6

COHEN & STEERS, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS—(Continued)

(UNAUDITED)

Supplemental disclosures of cash flow information:

The following table provides a reconciliation of cash and cash equivalents reported within the condensed consolidated statements of financial condition to the cash and cash equivalents reported within the condensed consolidated statements of cash flows above:

As of June 30,(in thousands)20252024Cash and cash equivalents$95,372 $122,013 Cash included in investments (1)358 774 Total cash and cash equivalents within condensed consolidated statements of cash flows$95,730 $122,787 

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(1)    Cash included in investments represents operating cash held in consolidated funds.

Supplemental disclosures of non-cash investing and financing activities:

In connection with its stock incentive plan, the Company issued dividend equivalents in the form of restricted stock units, net of forfeitures, in the amount of $1.4 million and $1.7 million for the six months ended June 30, 2025 and 2024, respectively.

During the second quarter of 2025, the Company deconsolidated certain funds resulting in a non-cash reduction of $230.5 million from both investments and redeemable noncontrolling interests.

During the six months ended June 30, 2025, the Company recorded $2.7 million of right-of-use assets and corresponding lease liabilities in connection with new lease agreements.

7

COHEN & STEERS, INC. AND SUBSIDIARIESNOTES TO COND