Company: CNS
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001284812-25-000156
Chunk: 11

Company: COHEN & STEERS, INC.
Filing Date: 2025-05-02
Form: 10-Q
Item: Item 1
Chunk 11
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2,831 2,669 Non-cash lease expense1,225 2,074 Amortization (accretion) of premium (discount) on U.S. Treasury securities593 (422)(Gain) loss from investments—net(3,553)(984)Deferred income taxes5,709 4,164 Foreign currency (gain) loss902 1,070 Changes in operating assets and liabilities:Accounts receivable(3,893)(7,510)Due from brokers(2,960)(11,804)Investments in consolidated funds(115,281)11,046 Other assets(2,704)(3,284)Accrued compensation and benefits(51,086)(49,221)Distribution and service fees payable (291)(2,423)Operating lease liabilities(1,492)826 Due to brokers2,574 16,917 Income tax payable2,053 5,504 Other liabilities and accrued expenses1,757 (11,171)Net cash provided by (used in) operating activities(108,948)4,863 Cash flows from investing activities:Purchases of investments(76,329)(93,560)Proceeds from sales and maturities of investments79,405 68,525 Purchases of property and equipment(1,075)(4,326)Net cash provided by (used in) investing activities2,001 (29,361)Cash flows from financing activities:Proceeds from issuance of common stock under employee stock purchase plan329 357 Repurchase of common stock for employee tax withholding(25,977)(19,364)Dividends to stockholders(31,710)(29,301)Net contributions (distributions) from noncontrolling interests46,830 (15,938)Other(15)(15)Net cash provided by (used in) financing activities(10,543)(64,261)Net increase (decrease) in cash and cash equivalents(117,490)(88,759)Effect of foreign exchange rate changes on cash and cash equivalents471 (708)Cash and cash equivalents, beginning of the period183,162 189,603 Cash and cash equivalents, end of the period$66,143 $100,136 

See notes to condensed consolidated financial statements

5

COHEN & STEERS, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS—