COUSINS PROPERTIES INC
For the period ended Jun 30, 2024. Filed Jul 25, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Jul 25, 2024
CUZ$30.12+1.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
CONSOLIDATED STATEMENTS OF EQUITY
(unaudited; in thousands except per share amounts)
| Three Months Ended June 30, 2024 | ||||||||
|---|---|---|---|---|---|---|---|---|
| CommonStock | AdditionalPaid-InCapital | TreasuryStock | Distributions inExcess ofNet Income | Accumulated Other Comprehensive Income | Stockholders' Investment | NonredeemableNoncontrollingInterests | TotalEquity | |
| March 31, 2024 | $152,072 | $5,496,371 | $— | $(1,160,759) | $3,187 | $4,490,871 | $24,089 | $4,514,960 |
| Net income | — | — | — | 7,840 | — | 7,840 | 121 | 7,961 |
| Other comprehensive loss | — | — | — | — | (420) | (420) | — | (420) |
| Common stock issued pursuant to stock-based compensation, net of tax withholding | 68 | 1,496 | — | — | — | 1,564 | — | 1,564 |
| Amortization of stock-based compensation, net of forfeitures | — | 3,070 | — | — | — | 3,070 | — | 3,070 |
| Contributions from noncontrolling interests | — | — | — | — | — | — | 22 | 22 |
| Distributions to noncontrolling interests | — | — | — | — | — | — | (350) | (350) |
| Common dividends ($0.32 per share) | — | — | — | (49,303) | — | (49,303) | — | (49,303) |
| Balance June 30, 2024 | $152,140 | $5,500,937 | $— | $(1,202,222) | $2,767 | $4,453,622 | $23,882 | $4,477,504 |
| Three Months Ended June 30, 2023 | ||||||||
| Common Stock | Additional Paid-In Capital | Treasury Stock | Distributions in Excess of Net Income | Accumulated Other Comprehensive Loss | Stockholders’Investment | NonredeemableNoncontrollingInterests | TotalEquity | |
| Balance March 31, 2023 | $154,256 | $5,631,076 | $(147,157) | $(1,039,694) | $537 | $4,599,018 | $22,018 | $4,621,036 |
| Net income | — | — | — | 22,621 | — | 22,621 | 456 | 23,077 |
| Other comprehensive income | — | — | — | — | 5,028 | 5,028 | — | 5,028 |
| Common stock issued pursuant to stock-based compensation, net of tax withholding | 81 | 1,550 | — | — | — | 1,631 | — | 1,631 |
| Amortization of stock-based compensation, net of forfeitures | (1) | 2,370 | — | — | — | 2,369 | — | 2,369 |
| Contributions from noncontrolling interests | — | — | — | — | — | — | 646 | 646 |
| Distributions to noncontrolling interests | — | — | — | — | — | — | (193) | (193) |
| Common dividends ($0.32 per share) | — | — | — | (49,296) | — | (49,296) | — | (49,296) |
| Balance June 30, 2023 | $154,336 | $5,634,996 | $(147,157) | $(1,066,369) | $5,565 | $4,581,371 | $22,927 | $4,604,298 |
See accompanying notes.
CONSOLIDATED STATEMENTS OF EQUITY
(unaudited; in thousands except per share amounts)
| Six Months Ended June 30, 2024 | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| CommonStock · AdditionalPaid-InCapital · TreasuryStock · Distributions inExcess ofNet Income · Accumulated Other Comprehensive Income · Stockholders’Investment · NonredeemableNoncontrollingInterests · TotalEquity | |||||||||||
| Balance December 31, 2023 | $154,336 | $5,638,709 | $(145,696) | $(1,125,390) | $2,192 | $4,524,151 | $24,162 | $4,548,313 | |||
| Net income | — | — | — | 21,128 | — | 21,128 | 284 | 21,412 | |||
| Other comprehensive income | — | — | — | — | 575 | 575 | — | 575 | |||
| Common stock issued pursuant to stock-based compensation, net of tax withholding | 346 | (1,594) | — | — | — | (1,248) | — | (1,248) | |||
| Amortization of stock options, restricted stock, and restricted stock units, net of forfeitures | (5) | 6,981 | — | (4) | — | 6,972 | — | 6,972 | |||
| Retirement of Treasury Stock | (2,537) | (143,159) | 145,696 | — | — | — | — | ||||
| Contributions from nonredeemable noncontrolling interests | — | — | — | — | — | — | 22 | 22 | |||
| Distributions to nonredeemable noncontrolling interests | — | — | — | — | — | — | (586) | (586) | |||
| Common dividends ($0.64 per share) | — | — | — | (97,956) | — | (97,956) | — | (97,956) | |||
| Balance June 30, 2024 | $152,140 | $5,500,937 | $— | $(1,202,222) | $2,767 | $4,453,622 | $23,882 | $4,477,504 | |||
| Six Months Ended June 30, 2023 | |||||||||||
| Common Stock · Additional Paid-In Capital · Treasury Stock · Distributions inExcess ofNet Income · Accumulated Other Comprehensive Income · Stockholders’Investment · NonredeemableNoncontrollingInterests · TotalEquity | |||||||||||
| Balance December 31, 2022 | $154,019 | $5,630,327 | $(147,157) | $(1,013,292) | $1,767 | $4,625,664 | $21,285 | $4,646,949 | |||
| Net income | — | — | — | 44,817 | — | 44,817 | 616 | 45,433 | |||
| Common stock issued under the ATM, net of issuance costs | — | — | — | — | 3,798 | 3,798 | — | 3,798 | |||
| Common stock issued pursuant to stock-based compensation, net of tax withholding | 320 | (827) | — | — | — | (507) | — | (507) | |||
| Amortization of stock-based compensation, net of forfeitures | (3) | 5,496 | — | — | — | 5,493 | — | 5,493 | |||
| Contributions from nonredeemable noncontrolling interests | — | — | — | — | — | — | 1,384 | 1,384 | |||
| Distributions to nonredeemable noncontrolling interests | — | — | — | — | — | — | (358) | (358) | |||
| Common dividends ($0.64 per share) | — | — | — | (97,894) | — | (97,894) | — | (97,894) | |||
| Balance June 30, 2023 | $154,336 | $5,634,996 | $(147,157) | $(1,066,369) | $5,565 | $4,581,371 | $22,927 | $4,604,298 | |||
| See accompanying notes. | |||||||||||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.