Company: CNS
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001284812-25-000299
Chunk: 8

Company: COHEN & STEERS, INC.
Filing Date: 2025-10-31
Form: 10-Q
Item: Item 1
Chunk 8
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Item 1. Financial Statements

COHEN & STEERS, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (Unaudited)

(in thousands, except share data)

September 30,2025December 31,2024Assets:Cash and cash equivalents$98,054 $182,974 Investments ($89,324 and $109,210) (1)415,793 335,377 Accounts receivable68,326 74,389 Due from brokers ($448 and $60) (1)2,586 1,474 Property and equipment—net67,440 68,604 Operating lease right-of-use assets—net98,748 99,200 Goodwill and intangible assets—net20,046 18,756 Other assets ($455 and $199) (1)30,619 31,592 Total assets$801,612 $812,366 Liabilities:Accrued compensation and benefits$59,972 $71,049 Distribution and service fees payable8,698 8,485 Operating lease liabilities140,279 141,115 Income tax payable1,318 4,601 Due to brokers ($93 and $170) (1)123 2,111 Other liabilities and accrued expenses ($387 and $333) (1)11,965 10,102 Total liabilities222,355 237,463 Commitments and contingencies (See Note 11)Redeemable noncontrolling interests14,585 53,460 Stockholders' equity:Common stock, $0.01 par value; 500,000,000 shares authorized; 58,224,453 shares issued and 51,004,418 shares outstanding at September 30, 2025 and 57,492,567 shares issued and 50,574,641 shares outstanding at December 31, 2024582 575 Additional paid-in capital982,023 943,281 Accumulated deficit(108,271)(129,339)Accumulated other comprehensive loss(4,487)(10,025)Treasury stock, at cost, 7,220,035 and 6,917,926 shares at September 30, 2025 and December 31, 2024, respectively(319,555)(292,781)Total stockholders’ equity attributable to Cohen