COHEN & STEERS INC
For the period ended Dec 31, 2023. Filed Feb 23, 2024.
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FY2023 · Filed Feb 23, 2024
CNS$73.67-1.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Financial Condition
(in thousands, except share data)
| December 31, 2023 | December 31, 2022 | |
|---|---|---|
| Assets: | ||
| Cash and cash equivalents | $187,442 | $247,418 |
| Investments ($159,931 and $134,929) (1) | 258,970 | 172,955 |
| Accounts receivable | 68,889 | 66,676 |
| Due from brokers ($13 and $38) (1) | 4,677 | 2,080 |
| Property and equipment—net | 66,336 | 8,757 |
| Operating lease right-of-use assets—net | 103,302 | 136,430 |
| Goodwill and intangible assets—net | 19,395 | 19,049 |
| Other assets ($644 and $576) (1) | 27,543 | 20,014 |
| Total assets | $736,554 | $673,379 |
| Liabilities: | ||
| Accrued compensation and benefits | $66,382 | $77,764 |
| Distribution and service fees payable | 10,144 | 8,421 |
| Operating lease liabilities | 140,408 | 138,809 |
| Income tax payable | 5,115 | 7,750 |
| Due to brokers ($119 and $11) (1) | 201 | 835 |
| Other liabilities and accrued expenses ($449 and $664) (1) | 21,657 | 12,857 |
| Total liabilities | 243,907 | 246,436 |
| Commitments and contingencies (See Note 14) | ||
| Redeemable noncontrolling interests | 106,463 | 85,335 |
| Stockholders’ equity: | ||
| Common stock, $0.01 par value; 500,000,000 shares authorized; 55,788,720 and 55,051,975 shares issued at December 31, 2023 and 2022, respectively | 558 | 551 |
| Additional paid-in capital | 818,269 | 769,373 |
| Accumulated deficit | (158,186) | (171,417) |
| Accumulated other comprehensive loss | (7,708) | (10,784) |
| Treasury stock, at cost, 6,633,273 and 6,329,178 shares at December 31, 2023 and 2022, respectively | (271,705) | (250,169) |
| Total stockholders’ equity attributable to Cohen & Steers, Inc. | 381,228 | 337,554 |
| Nonredeemable noncontrolling interests | 4,956 | 4,054 |
| Total stockholders’ equity | 386,184 | 341,608 |
| Total liabilities, redeemable noncontrolling interests and stockholders’ equity | $736,554 | $673,379 |
(1) Amounts in parentheses represent the aggregate balancesat December 31, 2023 and 2022 attributable to variable interest entities consolidated by the Company. Refer to Note 4, Investments for further discussion.
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