Inter parfums, inc. (IPAR)
Balance Sheet / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
ASSETS
Current assets:
Cash and cash equivalents - beginning of period

142,557

192,417

138,457

146,790

156,382

193,136

133,553

145,318

168,929

208,343

108,367

116,772

109,829

161,828

95,952

115,850

151,462

176,967

124,529

76,931

87,242

90,138

50,185

60,151

45,594

125,650

137,153

142,117

146,205

307,335

25,851

23,130

27,410

35,856

23,185

38,774

37,548

Short-term investments

61,539

60,714

53,244

66,941

71,867

67,870

77,173

77,562

81,813

69,899

122,402

123,805

115,674

94,202

117,951

115,884

95,755

82,847

90,219

151,901

155,938

190,152

196,619

214,637

227,315

181,677

150,486

119,682

166,891

0

-

-

-

-

6,752

14,102

49,391

Accounts receivable, net

133,640

133,010

173,839

147,833

167,281

133,320

164,574

140,026

166,077

120,749

159,434

119,364

139,877

104,819

145,735

101,001

107,607

95,082

130,244

89,486

96,387

90,124

122,217

96,118

100,409

79,932

116,465

124,098

190,217

149,340

167,207

139,327

164,030

175,223

167,630

118,237

97,593

Inventories

169,477

167,809

167,114

180,064

165,389

161,778

161,459

169,323

141,253

137,058

134,280

136,909

111,319

96,977

105,304

124,254

112,889

98,346

106,991

122,352

104,554

102,326

112,863

125,530

117,957

117,347

110,484

112,641

110,825

142,614

161,058

175,753

183,932

164,077

182,300

176,311

109,840

Receivables, other

2,936

2,054

1,669

2,162

1,461

2,112

2,146

2,424

2,672

2,405

1,341

1,810

8,233

7,433

2,017

2,075

2,185

2,422

3,445

1,959

1,473

1,542

1,663

1,718

2,022

2,418

2,115

1,818

2,001

2,534

1,726

1,287

2,009

3,258

2,300

2,727

3,688

Other current assets

21,630

17,123

8,544

9,960

7,963

12,576

5,678

7,797

8,347

7,356

8,885

10,246

7,289

6,240

5,925

6,765

6,475

5,811

5,301

5,780

4,665

4,504

6,194

6,180

6,057

4,775

4,495

5,018

4,744

5,897

6,376

5,847

5,807

4,258

2,036

5,388

4,635

Income taxes receivable

137

169

481

758

111

810

1,107

677

2,114

3,468

548

765

360

626

863

1,058

116

100

51

-

-

929

-

-

-

-

-

-

-

-

-

1,967

56

-

-

-

-

Total current assets

531,916

573,296

543,348

554,508

570,454

571,602

545,690

543,127

571,205

549,278

535,257

509,671

492,581

472,125

483,551

474,966

484,624

468,757

469,992

456,455

457,545

486,563

497,553

510,478

513,512

525,491

529,836

513,131

627,774

622,820

372,536

355,473

390,582

391,346

391,624

362,763

309,925

Equipment and leasehold improvements, net

11,194

11,107

11,235

10,776

9,443

9,839

9,854

10,117

10,160

10,330

10,321

10,370

9,771

10,076

11,119

10,688

10,235

9,333

8,712

8,618

8,253

9,187

9,624

9,753

10,262

10,444

10,094

9,336

11,597

12,289

15,911

16,102

17,002

14,525

14,485

14,903

11,207

Right-of-use assets, net

27,174

28,359

29,509

32,430

30,230

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

973

947

931

-

2,761

2,693

2,847

2,763

3,691

3,922

3,654

Trademarks, licenses and other intangible assets, net

196,813

201,983

197,323

201,425

199,775

204,325

207,828

210,677

205,489

200,495

200,841

195,596

184,991

183,868

202,308

202,515

208,643

201,335

207,656

208,637

88,012

98,531

103,148

112,562

114,788

116,243

112,477

110,344

108,583

113,041

103,162

101,969

109,585

105,750

110,760

119,163

111,402

Income tax receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

866

333

-

437

870

7,347

6,435

243

590

204

1,968

677

-

-

1,404

-

-

-

Deferred tax assets

8,285

8,004

12,838

10,022

9,462

5,761

10,941

10,851

10,113

9,658

11,071

8,649

8,768

8,090

9,804

8,079

8,135

7,182

9,212

7,180

6,953

6,848

7,375

5,274

6,811

7,257

8,395

7,167

6,687

13,132

9,641

8,162

7,338

7,270

7,421

7,224

7,230

Other assets

6,050

6,083

6,175

6,031

5,118

6,302

8,840

7,720

8,139

8,011

8,183

8,184

7,994

8,250

8,621

8,592

8,575

8,234

8,543

9,319

9,953

10,225

10,106

12,341

12,716

11,880

11,475

11,062

10,713

11,770

2,176

2,024

2,161

1,650

1,505

2,076

1,917

Total assets

781,432

828,832

800,428

815,192

824,482

797,829

783,153

782,492

805,106

777,772

765,673

732,470

704,105

682,409

705,599

696,761

712,077

687,659

694,903

683,029

563,763

604,506

620,431

645,134

651,278

664,058

664,855

644,820

759,598

759,920

496,546

478,261

522,177

516,034

522,065

502,827

438,105

LIABILITIES AND EQUITY
Current liabilities:
Loans payable - banks

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

425

298

239

265

3,236

6,104

265

394

26,688

27,776

1,385

4,448

13,599

11,826

20,377

7,686

5,250

Current portion of long-term debt

6,555

12,326

17,449

24,906

23,626

23,155

23,418

23,610

24,991

24,372

24,016

23,262

21,833

21,498

22,886

22,734

23,246

22,163

21,975

21,910

-

0

-

-

-

-

-

-

-

-

0

1,528

3,148

4,480

7,578

9,166

11,090

Current portion of lease liabilities

4,960

5,356

5,877

6,274

5,216

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable - trade

46,355

54,098

44,477

49,047

62,934

58,328

47,452

66,047

58,740

52,609

54,449

67,456

60,182

49,507

45,536

60,672

58,911

50,636

39,322

53,302

53,373

46,646

51,020

58,329

57,547

56,736

48,844

58,911

60,540

73,113

69,644

74,931

96,936

112,726

94,112

70,505

52,694

Accrued expenses

69,343

96,421

81,179

83,741

75,328

94,668

73,263

69,185

72,876

81,843

63,113

52,397

53,057

62,609

46,690

42,605

33,868

46,890

42,530

33,120

38,678

49,194

42,269

37,046

39,172

58,333

51,455

43,261

49,149

68,768

49,860

43,200

43,265

52,042

54,932

61,931

47,413

Income taxes payable

7,894

5,865

10,272

5,987

8,028

4,396

11,660

6,055

6,762

1,722

10,970

3,489

8,015

3,331

12,683

6,441

12,425

7,359

9,186

2,011

5,466

3,773

7,889

2,580

789

1,270

7,598

7,161

90,549

84,030

8,670

6,355

4,255

2,099

3,658

1,685

7,905

Dividends payable

10,406

10,399

8,652

8,649

8,649

8,630

6,580

6,577

6,569

6,561

5,301

5,299

5,299

5,293

4,665

4,659

4,656

4,035

4,031

4,030

4,028

3,717

3,713

3,713

3,712

3,704

3,695

3,695

3,683

2,453

2,446

2,445

2,444

2,443

2,443

2,443

1,979

Total current liabilities

145,513

184,465

167,906

178,604

183,781

189,177

162,373

171,474

169,938

167,107

157,849

151,903

148,386

142,238

132,460

137,111

133,106

131,083

117,044

114,373

101,970

103,628

105,130

101,933

104,456

126,147

111,857

113,422

230,609

256,140

132,005

132,907

163,647

185,616

183,100

153,416

126,331

Long-term debt, less current portion

9,781

10,734

10,606

10,477

15,971

22,906

28,626

34,501

31,011

36,207

41,554

45,881

48,338

53,064

61,858

67,176

74,551

76,443

84,562

89,727

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

1,983

5,039

Lease liabilities, less current portion

23,849

24,635

25,221

27,604

25,728

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax liability

-

-

3,275

3,735

3,236

-

3,552

3,706

3,881

3,821

3,741

4,286

3,656

3,449

3,733

3,724

3,862

3,746

4,339

4,394

1,894

2,154

2,319

2,584

2,570

2,555

3,505

3,424

3,678

3,799

5,605

5,653

6,169

6,068

6,315

6,920

6,789

Commitments and contingencies Equity:

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

0

Inter Parfums, Inc. shareholders’ equity:
Preferred stock, $.001 par; authorized 1,000,000 shares; none issued

-

-

-

0

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Common stock, $.001 par; authorized 100,000,000 shares; outstanding 31,531,958 and 31,513,018 shares at March 31, 2020 and December 31, 2019, respectively

31

31

31

31

31

31

31

31

31

31

31

31

31

31

31

31

31

31

31

31

31

31

31

31

31

31

31

31

31

31

31

31

31

31

31

31

30

Additional paid-in capital

73,618

70,664

68,636

68,342

72,103

69,970

68,665

67,934

67,288

66,004

64,645

64,196

63,879

63,103

62,071

62,818

62,361

62,030

61,235

61,015

60,470

60,200

59,123

58,907

58,634

57,877

56,365

56,122

55,058

54,679

52,408

52,184

51,264

50,883

50,566

50,416

48,887

Retained earnings

473,947

474,637

476,477

463,862

459,329

448,731

449,085

436,605

432,065

422,570

424,545

412,580

410,957

402,714

403,858

392,284

391,112

388,434

390,610

380,421

380,100

374,121

374,516

367,093

364,670

359,459

382,087

377,887

377,724

349,672

252,471

244,860

241,259

228,164

226,450

218,414

205,453

Accumulated other comprehensive loss

-48,097

-39,853

-50,408

-35,771

-40,097

-33,650

-30,423

-28,146

-8,426

-17,832

-23,061

-33,406

-53,413

-57,982

-40,728

-42,421

-34,448

-48,091

-39,915

-39,459

-51,059

-15,823

-4,464

22,740

24,941

25,860

19,347

8,377

2,118

12,498

7,854

1,782

14,938

7,747

16,742

31,091

14,757

Treasury stock, at cost, 9,864,805 shares at March 31, 2020 and December 31, 2019

37,475

37,475

37,475

37,475

37,475

37,475

37,475

37,475

37,475

37,475

37,475

37,475

37,475

37,475

36,817

36,817

36,817

36,817

36,464

36,464

36,464

36,464

36,266

36,266

36,266

36,016

35,404

35,404

35,404

35,404

34,151

34,151

34,151

34,151

34,151

34,151

34,151

Total Inter Parfums, Inc. shareholders' equity

462,024

468,004

457,261

458,989

453,891

447,607

449,883

438,949

453,483

433,298

428,685

405,926

383,979

370,391

388,415

375,895

382,239

365,587

375,497

365,544

353,078

382,065

392,940

412,505

412,010

407,211

422,426

407,013

399,527

381,476

278,613

264,706

273,341

252,674

259,638

265,801

234,976

Noncontrolling interest

140,265

140,994

136,159

135,783

141,875

138,139

138,719

133,862

146,793

137,339

133,844

124,474

119,746

113,267

119,133

112,855

118,319

110,800

113,461

108,991

106,821

116,659

120,042

128,112

132,242

128,145

127,067

120,961

125,784

118,505

80,323

74,995

79,020

71,676

73,012

74,707

64,970

Total equity

602,289

608,998

593,420

594,772

595,766

585,746

588,602

572,811

600,276

570,637

562,529

530,400

503,725

483,658

507,548

488,750

500,558

476,387

488,958

474,535

459,899

498,724

512,982

540,617

544,252

535,356

549,493

527,974

525,311

499,981

358,936

339,701

352,361

324,350

332,650

340,508

299,946

Total liabilities and equity

781,432

828,832

800,428

815,192

824,482

797,829

783,153

782,492

805,106

777,772

765,673

732,470

704,105

682,409

705,599

696,761

712,077

687,659

694,903

683,029

563,763

604,506

620,431

645,134

651,278

664,058

664,855

644,820

759,598

759,920

496,546

478,261

522,177

516,034

522,065

502,827

438,105