COUSINS PROPERTIES INC
For the period ended Sep 30, 2024. Filed Oct 24, 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.
Sep 30, 2024 · Filed Oct 24, 2024
CUZ$30.12+1.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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CONSOLIDATED STATEMENTS OF EQUITY
(unaudited; in thousands except per share amounts)
| Three Months Ended September 30, 2024 | ||||||||
|---|---|---|---|---|---|---|---|---|
| CommonStock | AdditionalPaid-InCapital | TreasuryStock | Distributions inExcess ofNet Income | Accumulated Other Comprehensive Income | Stockholders' Investment | NonredeemableNoncontrollingInterests | TotalEquity | |
| Balance June 30, 2024 | $152,140 | $5,500,937 | $— | $(1,202,222) | $2,767 | $4,453,622 | $23,882 | $4,477,504 |
| Net income | — | — | — | 11,198 | — | 11,198 | 158 | 11,356 |
| Other comprehensive loss | — | — | — | — | (2,869) | (2,869) | — | (2,869) |
| Amortization of stock-based compensation, net of forfeitures | — | 3,098 | — | 4 | — | 3,102 | — | 3,102 |
| Distributions to noncontrolling interests | — | — | — | — | — | — | (411) | (411) |
| Common dividends ($0.32 per share) | — | — | — | (49,084) | — | (49,084) | — | (49,084) |
| Balance September 30, 2024 | $152,140 | $5,504,035 | $— | $(1,240,104) | $(102) | $4,415,969 | $23,629 | $4,439,598 |
| Three Months Ended September 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 June 30, 2023 | $154,336 | $5,634,996 | $(147,157) | $(1,066,369) | $5,565 | $4,581,371 | $22,927 | $4,604,298 |
| Net income | — | — | — | 19,361 | — | 19,361 | 130 | 19,491 |
| Other comprehensive income | — | — | — | — | 158 | 158 | — | 158 |
| Amortization of stock-based compensation, net of forfeitures | — | 2,410 | — | — | — | 2,410 | — | 2,410 |
| Contributions from noncontrolling interests | — | — | — | — | — | — | 56 | 56 |
| Distributions to noncontrolling interests | — | — | — | — | — | — | (518) | (518) |
| Common dividends ($0.32 per share) | — | — | — | (48,589) | — | (48,589) | — | (48,589) |
| Balance September 30, 2023 | $154,336 | $5,637,406 | $(147,157) | $(1,095,597) | $5,723 | $4,554,711 | $22,595 | $4,577,306 |
See accompanying notes.
CONSOLIDATED STATEMENTS OF EQUITY
(unaudited; in thousands except per share amounts)
| Nine Months Ended September 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 | — | — | — | 32,326 | — | 32,326 | 442 | 32,768 |
| Other comprehensive loss | — | — | — | — | (2,294) | (2,294) | — | (2,294) |
| 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) | 10,079 | — | — | — | 10,074 | — | 10,074 |
| Retirement of Treasury Stock | (2,537) | (143,159) | 145,696 | — | — | — | — | — |
| Contributions from nonredeemable noncontrolling interests | — | — | — | — | — | — | 22 | 22 |
| Distributions to nonredeemable noncontrolling interests | — | — | — | — | — | — | (997) | (997) |
| Common dividends ($0.96 per share) | — | — | — | (147,040) | — | (147,040) | — | (147,040) |
| Balance September 30, 2024 | $152,140 | $5,504,035 | $— | $(1,240,104) | $(102) | $4,415,969 | $23,629 | $4,439,598 |
| Nine Months Ended September 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 | — | — | — | 64,178 | — | 64,178 | 746 | 64,924 |
| Other comprehensive income | — | — | — | — | 3,956 | 3,956 | — | 3,956 |
| 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) | 7,906 | — | — | — | 7,903 | — | 7,903 |
| Contributions from nonredeemable noncontrolling interests | — | — | — | — | — | — | 1,440 | 1,440 |
| Distributions to nonredeemable noncontrolling interests | — | — | — | — | — | — | (876) | (876) |
| Common dividends ($0.96 per share) | — | — | — | (146,483) | — | (146,483) | — | (146,483) |
| Balance September 30, 2023 | $154,336 | $5,637,406 | $(147,157) | $(1,095,597) | $5,723 | $4,554,711 | $22,595 | $4,577,306 |
| 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.