Inter parfums, inc. (IPAR)
CashFlow / 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'11Mar'11
Cash flows from operating activities:
Net income

13,299

8,835

26,658

15,599

24,978

9,168

24,426

14,259

21,862

5,772

22,103

9,211

18,167

4,592

21,479

7,729

9,448

1,510

18,634

5,520

13,305

3,765

13,763

7,667

12,150

-6,400

9,903

4,521

42,942

135,978

13,177

7,481

20,254

5,897

13,284

6,428

17,340

Adjustments to reconcile net income to net cash used in operating activities:
Depreciation and amortization

2,230

2,400

2,215

1,964

2,150

2,757

2,764

2,894

2,616

4,537

2,694

2,064

2,619

8,228

2,408

2,367

2,338

2,360

2,277

2,213

2,228

2,443

2,580

2,598

2,545

2,659

2,448

2,340

3,663

4,146

3,953

3,764

3,691

3,449

3,403

3,241

2,980

Provision for doubtful accounts

444

632

416

294

38

959

268

50

165

656

35

23

225

118

34

182

15

403

-16

8

47

-44

419

29

8

165

291

89

29

922

464

-397

-75

4,170

-166

-186

-980

Lease expense

19

-

-

-

196

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Noncash share-based compensation

124

659

830

950

955

638

485

569

513

535

536

515

507

492

285

209

212

197

198

198

194

167

232

227

230

207

210

209

212

205

202

205

220

254

270

270

266

Deferred tax benefit

-463

1,853

-3,630

12

-565

1,627

-281

-1,246

-258

1,460

-2,660

1,015

-406

1,182

-1,694

-188

-674

1,337

-2,075

2,070

-503

242

-2,775

1,529

447

302

-1,018

-702

6,262

-5,105

-1,445

-1,384

31

-296

-758

342

-297

Change in fair value of derivatives

-170

-1,546

676

995

-294

-318

-118

349

-215

-3,123

-1,488

3,072

285

-368

24

-425

87

-233

-484

-186

0

-

-

-

-

-

-

-

-

0

12

26

30

42

37

74

119

Changes in:
Accounts receivable

-4,545

-42,533

32,738

44,304

-33,385

-73,426

27,966

-19,031

42,959

-47,279

36,060

-26,880

33,983

-35,579

44,275

-4,234

8,694

-32,205

40,284

-9,903

14,397

-31,848

34,298

-3,770

20,927

-37,187

-10,408

-70,462

46,281

-19,483

24,237

-16,048

-16,008

15,667

58,418

-4,628

19,458

Inventories

-4,702

-18,147

-7,467

26,387

-6,698

-57,854

-7,531

34,866

1,178

-55,863

-5,246

19,317

13,274

-4,070

-19,438

13,654

10,763

-6,383

-15,445

14,503

11,679

-7,910

-5,483

8,199

850

4,705

-4,733

48

-29,260

-10,664

-18,765

706

15,155

-13,472

16,119

32,578

25,269

Other assets

-3,545

-6,392

473

-764

1,738

-963

-1,135

-118

1,200

-631

192

-1,477

743

368

-682

951

-340

-484

177

365

1,564

-836

-925

-485

1,821

639

-346

456

-1,332

8,450

1,106

-315

370

3,794

-3,859

-241

-687

Accounts payable and accrued expenses

-29,821

11,013

664

-7,762

-8,875

30,746

-11,464

13,294

-6,984

13,841

-6,220

-1,362

-563

26,474

-11,417

12,742

-9,109

19,162

-5,900

-8,769

8,480

7,351

5,780

-511

-17,616

11,493

-5,184

-10,587

-28,878

3,574

-1,026

-14,101

-29,220

22,553

25,474

7,352

17,285

Income taxes, net

2,013

-4,453

5,197

-2,884

5,156

-7,279

5,283

849

6,552

-11,555

7,599

-5,129

4,733

-8,947

6,412

-6,602

4,581

-1,434

7,947

-4,179

2,578

-4,391

6,132

8,224

-1,425

-11,750

463

-86,420

10,983

73,927

3,352

373

3,411

-2,706

2,120

-10,522

3,773

Net cash used in operating activities

-25,117

69,749

6,095

15,214

-14,606

66,795

2,299

14,603

-20,656

52,020

-5,431

12,305

-23,003

67,136

-6,672

6,493

-12,393

62,580

-3,467

-7,718

-1,311

49,812

-1,759

15,819

-27,259

27,662

22,600

-20,592

19,524

38,201

11,159

12,366

-1,085

25,353

-26,756

-20,486

-1,832

Cash flows from investing activities:
Purchases of short-term investments

2,342

11,264

-49

5,377

22,366

12

18

21

9,979

5,886

970

708

24,310

8,660

11,510

22,783

14,336

6,199

-91

-130

56,437

-2,383

14,399

91,684

142,110

127,874

54,247

27,604

172,118

0

0

0

0

-138

6,939

92

3,930

Proceeds from sale of short-term investments

-

5,459

11,102

11,216

17,037

-

-

-

-

56,948

5,705

69

4,259

26,983

10,045

66

5,510

10,762

61,417

9,999

69,593

-2,213

16,007

102,822

96,146

100,178

27,806

79,098

0

-

-

-

-

6,231

13,828

29,056

12,996

Purchases of equipment and leasehold improvements

1,254

700

1,795

1,968

964

1,083

794

1,499

580

770

834

690

729

517

1,297

1,541

1,422

1,658

912

901

687

718

1,440

435

709

1,289

1,398

903

1,425

1,841

1,665

2,015

3,953

2,368

2,076

2,215

3,287

Payment for intangible assets acquired

460

548

4,859

607

53

250

218

6,689

1,352

282

362

273

129

323

272

259

111

247

41

118,726

774

101

117

182

522

5,624

341

1,286

518

17,027

353

-4

2,341

1,107

421

2,791

286

Net cash used in investing activities

-4,056

-7,053

4,497

3,264

-6,346

7,514

-1,030

-8,209

-11,911

50,010

3,539

4,284

-20,909

17,483

-3,034

-24,517

-10,359

2,658

60,555

-109,498

11,695

-649

51

10,521

-47,195

-31,128

-28,180

52,106

-174,061

216,782

-2,018

-2,011

-6,294

2,894

4,392

23,958

5,493

Cash flows from financing activities:
Proceeds from issuance of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-470

-180

111,452

168

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of long-term debt

6,577

5,526

5,539

5,601

5,655

5,606

5,761

5,980

6,140

5,795

5,888

5,429

5,250

5,317

5,482

5,606

5,479

5,357

5,966

438

0

-

-

-

-

-

-

-

-

15

1,504

1,442

1,418

2,827

2,987

3,003

2,856

Purchase of treasury stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

53

0

0

37

98

0

0

0

-

-

-

-

-

-

-

-

Proceeds from (repayments of) loans payable - banks, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,866

-

-170

-27,078

-278

25,628

-3,056

-8,715

1,443

-8,456

13,698

1,232

756

Proceeds from exercise of options

641

1,677

500

30

2,251

1,022

446

935

1,003

1,124

214

83

542

344

833

270

132

202

23

346

82

92

60

106

695

349

122

941

256

889

105

64

247

25

-158

671

445

Dividends paid

10,399

8,651

8,649

8,649

8,630

6,580

6,577

6,569

6,561

5,301

5,299

5,299

5,293

4,666

4,658

4,656

4,035

4,031

4,030

4,028

3,717

3,713

3,713

3,711

3,704

-

-

-

2,453

2,444

2,447

2,446

2,443

2,443

2,443

2,439

1,979

Proceeds from sale of stock of subsidiary

-

-

-

-

-

-

-

-

-

-

-

-

-

116

1,021

285

143

637

36

556

98

0

40

0

990

657

0

0

0

112

39

3,100

145

-88

344

1,372

1,128

Purchase of subsidiary shares from noncontrolling interest

-

-

-

5,243

844

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends paid to minority interest

324

-

-

-

-

0

0

8,344

362

92

0

5,947

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in financing activities

-16,659

-12,500

-13,688

-29,117

-12,878

-11,164

-11,892

-20,766

-12,060

-10,064

-10,973

-16,592

-10,001

-10,071

-10,756

-14,570

-9,239

-8,791

-8,920

102,855

-3,369

-2,928

-3,618

-11,242

-4,922

-11,201

-3,742

-38,162

-2,475

24,180

-6,863

-12,772

-2,026

-13,679

8,454

-6,066

-2,506

Effect of exchange rate changes on cash

-4,028

3,764

-5,237

1,047

-2,924

-3,562

-1,142

-9,239

5,213

8,010

4,460

6,946

1,914

-8,672

564

-3,018

6,486

-4,009

-570

4,050

-9,911

-6,282

-4,640

-541

-680

3,164

4,358

2,560

-4,118

2,321

443

-1,863

959

-1,897

-1,679

389

2,276

Net decrease in cash and cash equivalents

-49,860

53,960

-8,333

-9,592

-36,754

59,583

-11,765

-23,611

-39,414

99,976

-8,405

6,943

-51,999

65,876

-19,898

-35,612

-25,505

52,438

47,598

-10,311

-2,896

39,953

-9,966

14,557

-80,056

-11,503

-4,964

-4,088

-161,130

281,484

2,721

-4,280

-8,446

12,671

-15,589

-2,205

3,431

Supplemental disclosure of cash flow information:
Cash paid for:
Interest

462

373

235

855

301

525

367

433

420

462

455

404

492

481

658

540

560

712

595

925

168

480

329

451

248

202

435

441

446

484

477

469

369

286

762

477

447

Income taxes

3,706

5,444

8,273

7,430

5,185

6,203

6,341

7,145

5,306

7,514

5,918

6,329

4,576

9,243

4,896

10,203

3,782

2,976

4,895

4,432

7,365

98,034

-57

1,367

5,086

1,255

7,133

88,331

8,273

8,448

2,343

1,731

8,062

8,921

5,708

14,295

3,792