Inter parfums, inc. (IPAR)
CashFlow / TTM
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

64,391

76,070

76,403

74,171

72,831

69,715

66,319

63,996

58,948

55,253

54,073

53,449

51,967

43,248

40,166

37,321

35,112

38,969

41,224

36,353

38,500

37,345

27,180

23,320

20,174

50,966

193,344

196,618

199,578

176,890

46,809

46,916

45,863

42,949

0

0

0

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

8,809

8,729

9,086

9,635

10,565

11,031

12,811

12,741

11,911

11,914

15,605

15,319

15,622

15,341

9,473

9,342

9,188

9,078

9,161

9,464

9,849

10,166

10,382

10,250

9,992

11,110

12,597

14,102

15,526

15,554

14,857

14,307

13,784

13,073

0

0

0

Provision for doubtful accounts

1,786

1,380

1,707

1,559

1,315

1,442

1,139

906

879

939

401

400

559

349

634

584

410

442

-5

430

451

412

621

493

553

574

1,331

1,504

1,018

914

4,162

3,532

3,743

2,838

0

0

0

Lease expense

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Noncash share-based compensation

2,563

3,394

3,373

3,028

2,647

2,205

2,102

2,153

2,099

2,093

2,050

1,799

1,493

1,198

903

816

805

787

757

791

820

856

896

874

856

838

836

828

824

832

881

949

1,014

1,060

0

0

0

Deferred tax benefit

-2,228

-2,330

-2,556

793

-465

-158

-325

-2,704

-443

-591

-869

97

-1,106

-1,374

-1,219

-1,600

658

829

-266

-966

-1,507

-557

-497

1,260

-971

4,844

-563

-990

-1,672

-7,903

-3,094

-2,407

-681

-1,009

0

0

0

Change in fair value of derivatives

-45

-169

1,059

265

-381

-302

-3,107

-4,477

-1,754

-1,254

1,501

3,013

-484

-682

-547

-1,055

-816

-903

0

0

0

-

-

-

-

-

-

-

-

68

110

135

183

272

0

0

0

Changes in:
Accounts receivable

29,964

1,124

-29,769

-34,541

-97,876

-21,532

4,615

12,709

4,860

-4,116

7,584

15,799

38,445

13,156

16,530

12,539

6,870

12,573

12,930

6,944

13,077

19,607

14,268

-30,438

-97,130

-71,776

-54,072

-19,427

34,987

-27,302

7,848

42,029

53,449

88,915

0

0

0

Inventories

-3,929

-5,925

-45,632

-45,696

-37,217

-29,341

-27,350

-25,065

-40,614

-28,518

23,275

9,083

3,420

909

-1,404

2,589

3,438

4,354

2,827

12,789

6,485

-4,344

8,271

9,021

870

-29,240

-44,609

-58,641

-57,983

-13,568

-16,376

18,508

50,380

60,494

0

0

0

Other assets

-10,228

-4,945

484

-1,124

-478

-1,016

-684

643

-716

-1,173

-174

-1,048

1,380

297

-555

304

-282

1,622

1,270

168

-682

-425

1,050

1,629

2,570

-583

7,228

8,680

7,909

9,611

4,955

-10

64

-993

0

0

0

Accounts payable and accrued expenses

-25,906

-4,960

14,773

2,645

23,701

25,592

8,687

13,931

-725

5,696

18,329

13,132

27,236

18,690

11,378

16,895

-4,616

12,973

1,162

12,842

21,100

-4,996

-854

-11,818

-21,894

-33,156

-41,075

-36,917

-40,431

-40,773

-21,794

4,706

26,159

72,664

0

0

0

Income taxes, net

-127

3,016

190

276

4,009

5,405

1,129

3,445

-2,533

-4,352

-1,744

-2,931

-4,404

-4,556

2,957

4,492

6,915

4,912

1,955

140

12,543

8,540

1,181

-4,488

-99,132

-86,724

-1,047

1,842

88,635

81,063

4,430

3,198

-7,697

-7,335

0

0

0

Net cash used in operating activities

65,941

76,452

73,498

69,702

69,091

63,041

48,266

40,536

38,238

35,891

51,007

49,766

43,954

54,564

50,008

53,213

39,002

50,084

37,316

39,024

62,561

36,613

14,463

38,822

2,411

49,194

59,733

48,292

81,250

60,641

47,793

9,878

-22,974

-23,721

0

0

0

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

18,934

38,958

27,706

27,773

22,417

10,030

15,904

16,856

17,543

31,874

34,648

45,188

67,263

57,289

54,828

43,227

20,314

62,415

53,833

68,323

160,137

245,810

376,067

415,915

351,835

381,843

253,969

199,722

172,118

0

-138

6,801

6,893

10,823

0

0

0

Proceeds from sale of short-term investments

-

44,814

0

0

0

-

-

-

-

66,981

37,016

41,356

41,353

42,604

26,383

77,755

87,688

151,771

138,796

93,386

186,209

212,762

315,153

326,952

303,228

207,082

0

0

0

-

-

-

-

62,111

0

0

0

Purchases of equipment and leasehold improvements

5,717

5,427

5,810

4,809

4,340

3,956

3,643

3,683

2,874

3,023

2,770

3,233

4,084

4,777

5,918

5,533

4,893

4,158

3,218

3,746

3,280

3,302

3,873

3,831

4,299

5,015

5,567

5,834

6,946

9,474

10,001

10,412

10,612

9,946

0

0

0

Payment for intangible assets acquired

6,474

6,067

5,769

1,128

7,210

8,509

8,541

8,685

2,269

1,046

1,087

997

983

965

889

658

119,125

119,788

119,642

119,718

1,174

922

6,445

6,669

7,773

7,769

19,172

19,184

17,894

19,717

3,797

3,865

6,660

4,605

0

0

0

Net cash used in investing activities

-3,348

-5,638

8,929

3,402

-8,071

-13,636

28,860

33,429

45,922

36,924

4,397

-2,176

-30,977

-20,427

-35,252

28,337

-56,644

-34,590

-37,897

-98,401

21,618

-37,272

-67,751

-95,982

-54,397

-181,263

66,647

92,809

38,692

206,459

-7,429

-1,019

24,950

36,737

0

0

0

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

110,970

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of long-term debt

23,243

22,321

22,401

22,623

23,002

23,487

23,676

23,803

23,252

22,362

21,884

21,478

21,655

21,884

21,924

22,408

17,240

11,761

0

0

0

-

-

-

-

-

-

-

-

4,379

7,191

8,674

10,235

11,673

0

0

0

Purchase of treasury stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

90

135

135

135

98

0

0

0

-

-

-

-

-

-

-

-

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-1,898

-4,784

13,579

15,300

-18,784

-2,030

7,917

7,230

0

0

0

Proceeds from exercise of options

2,848

4,458

3,803

3,749

4,654

3,406

3,508

3,276

2,424

1,963

1,183

1,802

1,989

1,579

1,437

627

703

653

543

580

340

953

1,210

1,272

2,107

1,668

2,208

2,191

1,314

1,305

441

178

785

983

0

0

0

Dividends paid

36,348

34,579

32,508

30,436

28,356

26,287

25,008

23,730

22,460

21,192

20,557

19,916

19,273

18,015

17,380

16,752

16,124

15,806

15,488

15,171

14,854

14,841

0

0

0

-

-

-

9,790

9,780

9,779

9,775

9,768

9,304

0

0

0

Proceeds from sale of stock of subsidiary

-

-

-

-

-

-

-

-

-

-

-

-

-

1,565

2,086

1,101

1,372

1,327

690

694

138

1,030

1,687

1,647

1,647

657

112

151

3,251

3,396

3,196

3,501

1,773

2,756

0

0

0

Purchase of subsidiary shares from noncontrolling interest

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends paid to minority interest

0

-

-

-

-

8,706

8,798

8,798

6,401

6,039

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in financing activities

-71,964

-68,183

-66,847

-65,051

-56,700

-55,882

-54,782

-53,863

-49,689

-47,630

-47,637

-47,420

-45,398

-44,636

-43,356

-41,520

75,905

81,775

87,638

92,940

-21,157

-22,710

-30,983

-31,107

-58,027

-55,580

-20,199

-23,320

2,070

2,519

-35,340

-20,023

-13,317

-13,797

0

0

0

Effect of exchange rate changes on cash

-4,454

-3,350

-10,676

-6,581

-16,867

-8,730

2,842

8,444

24,629

21,330

4,648

752

-9,212

-4,640

23

-1,111

5,957

-10,440

-12,713

-16,783

-21,374

-12,143

-2,697

6,301

9,402

5,964

5,121

1,206

-3,217

1,860

-2,358

-4,480

-2,228

-911

0

0

0

Net decrease in cash and cash equivalents

-13,825

-719

4,904

1,472

-12,547

-15,207

25,186

28,546

59,100

46,515

12,415

922

-41,633

-15,139

-28,577

38,919

64,220

86,829

74,344

16,780

41,648

-35,512

-86,968

-81,966

-100,611

-181,685

111,302

118,987

118,795

271,479

2,666

-15,644

-13,569

-1,692

0

0

0

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

1,925

1,764

1,916

2,048

1,626

1,745

1,682

1,770

1,741

1,813

1,832

2,035

2,171

2,239

2,470

2,407

2,792

2,400

2,168

1,902

1,428

1,508

1,230

1,336

1,326

1,524

1,806

1,848

1,876

1,799

1,601

1,886

1,894

1,972

0

0

0

Income taxes

24,853

26,332

27,091

25,159

24,874

24,995

26,306

25,883

25,067

24,337

26,066

25,044

28,918

28,124

21,857

21,856

16,085

19,668

114,726

109,774

106,709

104,430

7,651

14,841

101,805

104,992

112,185

107,395

20,795

20,584

21,057

24,422

36,986

32,716

0

0

0