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Income Statement
Balance Sheet
Cash Flow Statement
Segments

Common Size IS
Op Efficiency
Credit Analysis

StepStone Group Inc.

Cash Flow Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsMar-31-22Mar-31-21Mar-31-20Mar-31-19Mar-31-18
   10-K10-K10-K10-KS-1
Cash flows from operating activities       
Net income (loss)  484.3314.6144.860.0 
   
Adjustments to reconcile net income (loss) to net cash from operating activities:       
    Depreciation and amortization  27.05.57.17.9 
    Unrealized performance fee-related compensation  312.9215.582.711.2 
    Equity-based compensation  14.07.91.91.7 
    Change in deferred income taxes  6.215.9   
    Fair value adjustment for acquisition-related contingent consideration  9.61.60.0  
    Other non-cash activities  -3.00.1   
    Adjustments to reconcile net income (loss) to net cash from operating activities of Consolidated Funds:       
        Changes in operating assets and liabilities:       
            Fees and accounts receivable  -1.8-7.0-0.91.0 
            Due from affiliates  -11.52.2-7.4-2.3 
            Other assets and receivables  2.1-0.1-3.7-5.8 
            Accounts payable, accrued expenses and other liabilities  6.69.6-2.86.1 
            Accrued compensation and benefits  7.111.37.92.5 
            Due to affiliates  -2.30.9-1.51.0 
            Lease right-of-use assets, net and lease liabilities  -0.4    
        Changes in operating assets and liabilities of Consolidated Funds:       
            Other assets and receivables  2.1-0.1-3.7-5.8 
                Net cash provided by operating activities  214.3149.365.951.5 
   
Cash flows from investing activities       
Contributions to investments     -11.2 
Distributions received from investments     4.2 
Purchases of property and equipment  -2.1-1.3-0.8-3.0 
    Net cash used in investing activities  -210.2-11.235.8-61.9 
   
Cash flows from financing activities       
Proceeds from capital contributions from non-controlling interests  0.12.80.00.2 
   
Distributions to non-controlling interests       
Dividends paid to common stockholders  -23.9-2.0   
Payments to related parties under Tax Receivable Agreements  -0.8    
   
Cash flows from financing activities of Consolidated Funds:       
    Contributions from redeemable non-controlling interests in Consolidated Funds   3.3110.8  
        Net cash used in financing activities  -70.4-45.3-52.2-55.5 
Effect of foreign currency exchange rate changes  0.01.1-0.30.3 
   
Supplemental disclosures:       
    Non-cash operating, investing, and financing activities:       
        Accrued dividends  0.80.2   
        Deferred tax effect resulting from transactions affecting ownership in the Partnership, including net amounts payable under Tax Receivable Agreements  -55.3-2.6   
        Establishment of lease liabilities in exchange for lease right-of-use assets  79.7    
        Reconciliation of cash, cash equivalents and restricted cash:       
            Cash and cash equivalents       
            Restricted cash       

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