2010 Q4 Form 10-K Financial Statement

#000128481212000132 Filed on March 15, 2012

View on sec.gov

Income Statement

Concept 2010 Q4 2009 2008 Q4
Revenue $51.80M $123.6M $28.90M
YoY Change 29.82% -33.5% -54.2%
Cost Of Revenue $8.400M $14.70M $3.700M
YoY Change 82.61% -39.0% -51.32%
Gross Profit $43.40M $108.9M $25.20M
YoY Change 23.3% -32.65% -54.59%
Gross Profit Margin 83.78% 88.14% 87.2%
Selling, General & Admin $29.20M $87.10M $20.60M
YoY Change 26.96% -11.93% -24.54%
% of Gross Profit 67.28% 79.98% 81.75%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.100M $4.200M $1.000M
YoY Change 0.0% 5.0% -44.44%
% of Gross Profit 2.53% 3.86% 3.97%
Operating Expenses $30.30M $106.0M $21.70M
YoY Change 25.73% 3.1% -24.13%
Operating Profit $13.10M $17.56M $3.500M
YoY Change 18.02% -70.18% -86.99%
Interest Expense $5.000M -$14.00M -$800.0K
YoY Change 19.05% 89.19% -133.33%
% of Operating Profit 38.17% -79.71% -22.86%
Other Income/Expense, Net $200.0K -$13.41M
YoY Change -300.0%
Pretax Income $18.20M $4.154M -$2.900M
YoY Change 18.95% -90.95% -109.9%
Income Tax $5.400M $4.490M -$800.0K
% Of Pretax Income 29.67% 108.09%
Net Earnings $12.80M -$1.710M -$7.000M
YoY Change 10.34% -109.45% -137.43%
Net Earnings / Revenue 24.71% -1.38% -24.22%
Basic Earnings Per Share -$0.04
Diluted Earnings Per Share $293.6K -$0.04 -$167.5K
COMMON SHARES
Basic Shares Outstanding 42.34M shares
Diluted Shares Outstanding 42.34M shares

Balance Sheet

Concept 2010 Q4 2009 2008 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $136.2M $153.0M $121.9M
YoY Change -10.98% 25.51% -11.02%
Cash & Equivalents $136.2M $153.0M $121.9M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $32.80M $23.30M $17.40M
Other Receivables $0.00 $28.30M $28.20M
Total Short-Term Assets $169.0M $204.6M $167.5M
YoY Change -17.68% 32.0% -1.12%
LONG-TERM ASSETS
Property, Plant & Equipment $13.24M $14.90M $16.40M
YoY Change -11.13% -9.15% 34.43%
Goodwill $20.33M
YoY Change
Intangibles $1.968M
YoY Change
Long-Term Investments $43.98M $74.20M $63.90M
YoY Change -40.73% 16.12% -31.8%
Other Assets $8.800M $7.200M $10.50M
YoY Change 22.22% -31.43% -57.14%
Total Long-Term Assets $108.6M $124.1M $118.6M
YoY Change -12.0% -5.34% -27.15%
TOTAL ASSETS
Total Short-Term Assets $169.0M $204.6M $167.5M
Total Long-Term Assets $108.6M $124.1M $118.6M
Total Assets $277.6M $328.7M $286.1M
YoY Change -15.55% 14.89% -13.88%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $20.30M $12.00M $15.50M
YoY Change 69.17% -22.58% -50.48%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $16.10M $10.70M
YoY Change -100.0% 50.47%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $29.40M $28.20M $26.20M
YoY Change 4.26% 7.63% -16.29%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $14.90M $12.20M $15.00M
YoY Change 22.13% -18.67% -21.05%
Total Long-Term Liabilities $14.90M $12.20M $15.00M
YoY Change 22.13% -18.67% -21.05%
TOTAL LIABILITIES
Total Short-Term Liabilities $29.40M $28.20M $26.20M
Total Long-Term Liabilities $14.90M $12.20M $15.00M
Total Liabilities $44.22M $43.80M $41.20M
YoY Change 0.96% 6.31% -18.09%
SHAREHOLDERS EQUITY
Retained Earnings -$65.55M
YoY Change
Common Stock $454.0K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $82.59M
YoY Change
Treasury Stock Shares 2.755M shares
Shareholders Equity $233.4M $284.9M $244.9M
YoY Change
Total Liabilities & Shareholders Equity $277.6M $328.7M $286.1M
YoY Change -15.55% 14.89% -13.88%

Cashflow Statement

Concept 2010 Q4 2009 2008 Q4
OPERATING ACTIVITIES
Net Income $12.80M -$1.710M -$7.000M
YoY Change 10.34% -109.45% -137.43%
Depreciation, Depletion And Amortization $1.100M $4.200M $1.000M
YoY Change 0.0% 5.0% -44.44%
Cash From Operating Activities $26.90M $22.14M $19.70M
YoY Change 81.76% -37.1% -56.89%
INVESTING ACTIVITIES
Capital Expenditures -$1.200M $2.486M -$1.500M
YoY Change 300.0% -131.08% 7.14%
Acquisitions
YoY Change
Other Investing Activities $13.90M $12.80M -$200.0K
YoY Change -3575.0% 31.96% -99.09%
Cash From Investing Activities $12.80M $10.30M -$1.600M
YoY Change -1928.57% 505.59% -93.19%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $1.711M
YoY Change -105.48%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -4.200M -$1.749M -8.100M
YoY Change -268.0% -96.64% -15.62%
NET CHANGE
Cash From Operating Activities 26.90M $22.14M 19.70M
Cash From Investing Activities 12.80M $10.30M -1.600M
Cash From Financing Activities -4.200M -$1.749M -8.100M
Net Change In Cash 35.50M $30.69M 10.00M
YoY Change 113.86% -301.89% -20.63%
FREE CASH FLOW
Cash From Operating Activities $26.90M $22.14M $19.70M
Capital Expenditures -$1.200M $2.486M -$1.500M
Free Cash Flow $28.10M $19.66M $21.20M
YoY Change 86.09% -54.5% -54.99%

Facts In Submission

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994000 USD
CY2011 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease
-1037000 USD
CY2010 us-gaap Other Comprehensive Income Reclassification Adjustment For Sale Of Securities Included In Net Income Net Of Tax
OtherComprehensiveIncomeReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax
7564000 USD
CY2011 us-gaap Other Comprehensive Income Reclassification Adjustment For Sale Of Securities Included In Net Income Net Of Tax
OtherComprehensiveIncomeReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax
376000 USD
CY2009 us-gaap Other Comprehensive Income Reclassification Adjustment For Sale Of Securities Included In Net Income Net Of Tax
OtherComprehensiveIncomeReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax
-30245000 USD
CY2010Q4 us-gaap Other Liabilities
OtherLiabilities
12662000 USD
CY2011Q4 us-gaap Other Liabilities
OtherLiabilities
11684000 USD
CY2011 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1395000 USD
CY2009 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
571000 USD
CY2010 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
863000 USD
CY2011Q4 us-gaap Other Receivables From Broker Dealers And Clearing Organizations
OtherReceivablesFromBrokerDealersAndClearingOrganizations
10443000 USD
CY2010Q4 us-gaap Other Receivables From Broker Dealers And Clearing Organizations
OtherReceivablesFromBrokerDealersAndClearingOrganizations
0 USD
CY2010 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
3386000 USD
CY2009 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
2253000 USD
CY2011 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
6647000 USD
CY2010 us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
0 USD
CY2009 us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
0 USD
CY2011 us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
3734000 USD
CY2009 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
8472000 USD
CY2010 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
102400000 USD
CY2011 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
69118000 USD
CY2010 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
19748000 USD
CY2011 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
37611000 USD
CY2009 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
32802000 USD
CY2011 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2927000 USD
CY2009 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2486000 USD
CY2010 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2854000 USD
CY2009 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
542000 USD
CY2011 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
466000 USD
CY2010 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
426000 USD
CY2010 us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
1954000 USD
CY2011 us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
0 USD
CY2009 us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
11847000 USD
CY2011 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
28703000 USD
CY2009 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
45583000 USD
CY2010 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
54873000 USD
CY2010 us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
0 USD
CY2011Q4 us-gaap Redeemable Noncontrolling Interest Equity Common Fair Value
RedeemableNoncontrollingInterestEquityCommonFairValue
4796000 USD
CY2009 us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
0 USD
CY2010 us-gaap Profit Loss
ProfitLoss
46405000 USD
CY2011 us-gaap Profit Loss
ProfitLoss
54277000 USD
CY2009 us-gaap Profit Loss
ProfitLoss
-336000 USD
CY2010Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
13242000 USD
CY2011Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
11200000 USD
CY2010Q4 us-gaap Redeemable Noncontrolling Interest Equity Common Fair Value
RedeemableNoncontrollingInterestEquityCommonFairValue
0 USD
CY2009 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
27000 USD
CY2011 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
0 USD
CY2010 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
0 USD
CY2011 us-gaap Restricted Stock Expense
RestrictedStockExpense
683000 USD
CY2010 us-gaap Restricted Stock Expense
RestrictedStockExpense
473000 USD
CY2009 us-gaap Restricted Stock Expense
RestrictedStockExpense
462000 USD
CY2011Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-83063000 USD
CY2010Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-65553000 USD
CY2010 us-gaap Revenue Other Financial Services
RevenueOtherFinancialServices
4816000 USD
CY2011 us-gaap Revenue Other Financial Services
RevenueOtherFinancialServices
5649000 USD
CY2009 us-gaap Revenue Other Financial Services
RevenueOtherFinancialServices
3442000 USD
CY2011 us-gaap Revenues
Revenues
237246000 USD
CY2010 us-gaap Revenues
Revenues
183738000 USD
CY2009 us-gaap Revenues
Revenues
123553000 USD
CY2011Q4 us-gaap Securities Sold Not Yet Purchased Fair Value Disclosure
SecuritiesSoldNotYetPurchasedFairValueDisclosure
9277000 USD
CY2010Q4 us-gaap Securities Sold Not Yet Purchased Fair Value Disclosure
SecuritiesSoldNotYetPurchasedFairValueDisclosure
0 USD
CY2010 us-gaap Share Based Compensation
ShareBasedCompensation
15100000 USD
CY2009 us-gaap Share Based Compensation
ShareBasedCompensation
13010000 USD
CY2011 us-gaap Share Based Compensation
ShareBasedCompensation
18675000 USD
CY2009 us-gaap Stock Issued1
StockIssued1
181000 USD
CY2010 us-gaap Stock Issued1
StockIssued1
4168000 USD
CY2011 us-gaap Stock Issued1
StockIssued1
2699000 USD
CY2010Q4 us-gaap Stockholders Equity
StockholdersEquity
233365000 USD
CY2011Q4 us-gaap Stockholders Equity
StockholdersEquity
230512000 USD
CY2011Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
4948000 USD
CY2010Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
9077000 USD
CY2010 us-gaap Trading Gains Losses
TradingGainsLosses
-182000 USD
CY2011 us-gaap Trading Gains Losses
TradingGainsLosses
39000 USD
CY2009 us-gaap Trading Gains Losses
TradingGainsLosses
14055000 USD
CY2011Q4 us-gaap Trading Securities
TradingSecurities
25304000 USD
CY2010Q4 us-gaap Trading Securities
TradingSecurities
0 USD
CY2011Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
2986913 shares
CY2010Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
2754696 shares
CY2011Q4 us-gaap Treasury Stock Value
TreasuryStockValue
89235000 USD
CY2010Q4 us-gaap Treasury Stock Value
TreasuryStockValue
82588000 USD
CY2011Q4 us-gaap Variable Interest Entity Consolidated Carrying Amount Assets
VariableInterestEntityConsolidatedCarryingAmountAssets
209 USD
CY2011Q4 us-gaap Variable Interest Entity Consolidated Carrying Amount Liabilities
VariableInterestEntityConsolidatedCarryingAmountLiabilities
493 USD
CY2009 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
42339000 shares
CY2011 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
43975000 shares
CY2010 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
43227000 shares
CY2010 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
42715000 shares
CY2009 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
42339000 shares
CY2011 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
43190000 shares
CY2011Q4 cns Variable Interest Entity Consolidated Due From Broker
VariableInterestEntityConsolidatedDueFromBroker
10321 USD
CY2011Q4 cns Variable Interest Entity Consolidated Securities Owned
VariableInterestEntityConsolidatedSecuritiesOwned
21952 USD
CY2011Q4 cns Variable Interest Entity Consolidated Securities Sold But Not Yet Purchased
VariableInterestEntityConsolidatedSecuritiesSoldButNotYetPurchased
9277 USD
CY2011 dei Amendment Flag
AmendmentFlag
false
CY2011 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2011 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2011 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2011
CY2011 dei Document Period End Date
DocumentPeriodEndDate
2011-12-31
CY2011 dei Document Type
DocumentType
10-K
CY2011 dei Entity Central Index Key
EntityCentralIndexKey
0001284812
CY2012Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
43697617 shares
CY2011 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2011 dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2011Q2 dei Entity Public Float
EntityPublicFloat
590000000 USD
CY2011 dei Entity Registrant Name
EntityRegistrantName
COHEN & STEERS INC
CY2011 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2011 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No

Files In Submission

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0001284812-12-000132-index-headers.html Edgar Link pending
0001284812-12-000132-index.html Edgar Link pending
0001284812-12-000132.txt Edgar Link pending
0001284812-12-000132-xbrl.zip Edgar Link pending
cns-10kx123111.htm Edgar Link pending
cns-20111231.xml Edgar Link completed
cns-20111231.xsd Edgar Link pending
cns-20111231_cal.xml Edgar Link unprocessable
cns-20111231_def.xml Edgar Link unprocessable
cns-20111231_lab.xml Edgar Link unprocessable
cns-20111231_pre.xml Edgar Link unprocessable
cns10k-123111ex211.htm Edgar Link pending
cns10k-123111ex231.htm Edgar Link pending
cns10k-123111ex311.htm Edgar Link pending
cns10k-123111ex312.htm Edgar Link pending
cns10k-123111ex321.htm Edgar Link pending
cns10k-123111ex322.htm Edgar Link pending
cns10k-123111ex323.htm Edgar Link pending
cns10q-123111ex313.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
R1.htm Edgar Link pending
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