Inter Parfums, Inc. (IPAR) financial statements (2020 and earlier)
Company profile
| Business Address |
551 FIFTH AVE NEW YORK, NY 10176 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| SIC | 2844 - Perfumes, Cosmetics, and Other Toilet Preparations (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 253 | 261 | 278 | 256 | 260 | 280 | 307 | ||
| Cash and cash equivalents | 192 | 193 | 208 | 162 | 177 | 90 | 126 | ||
| Short-term investments | 61 | 68 | 70 | 94 | 83 | 190 | 182 | ||
| Receivables | 135 | 139 | 127 | 113 | 98 | 92 | 80 | ||
| Inventory, net of allowances, customer advances and progress billings | 168 | 161 | 137 | 97 | 98 | 102 | 117 | ||
| Inventory | 168 | 161 | 137 | 97 | 98 | 102 | 117 | ||
| Deferred tax assets | ✕ | 8 | 7 | 7 | 7 | ||||
| Other current assets | 17 | 8 | 7 | 6 | 6 | 5 | 5 | ||
| Other undisclosed current assets | 1 | 9 | |||||||
| Total current assets: | 573 | 569 | 549 | 480 | 469 | 487 | 525 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 28 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 11 | 10 | 10 | 10 | 9 | 9 | 10 | ||
| Intangible assets, net (including goodwill) | 202 | 204 | 200 | 184 | 201 | 99 | 116 | ||
| Intangible assets, net (excluding goodwill) | 202 | 204 | 200 | 184 | 201 | 99 | 116 | ||
| Other noncurrent assets | 6 | 6 | 8 | 8 | 8 | 10 | 12 | ||
| Other undisclosed noncurrent assets | 8 | 9 | 10 | ||||||
| Total noncurrent assets: | 256 | 230 | 228 | 202 | 219 | 118 | 139 | ||
| TOTAL ASSETS: | 829 | 799 | 778 | 682 | 688 | 605 | 664 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 167 | 164 | 143 | 121 | 109 | 103 | 116 | ||
| Accounts payable | 54 | 58 | 53 | 50 | 51 | 47 | 57 | ||
| Accrued liabilities | 96 | 92 | 82 | 63 | 47 | 49 | 58 | ||
| Taxes payable | 6 | 4 | 2 | 3 | 7 | 4 | 1 | ||
| Interest and dividends payable | 10 | 9 | 7 | 5 | 4 | 4 | |||
| Debt | 18 | 23 | 24 | 21 | 22 | 0 | 6 | ||
| Other undisclosed current liabilities | 4 | ||||||||
| Total current liabilities: | 184 | 187 | 167 | 142 | 131 | 104 | 126 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 35 | 23 | 36 | 53 | 76 | ||||
| Long-term debt, excluding current maturities | 11 | 23 | 36 | 53 | 76 | ||||
| Operating lease, liability | 25 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Liabilities, other than long-term debt | 4 | 4 | 3 | 4 | 2 | 3 | |||
| Deferred tax liabilities, net | ✕ | 4 | 4 | 3 | 4 | 2 | 3 | ||
| Total noncurrent liabilities: | 35 | 26 | 40 | 57 | 80 | 2 | 3 | ||
| Total liabilities: | 220 | 213 | 207 | 199 | 211 | 106 | 129 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 468 | 448 | 433 | 370 | 366 | 382 | 407 | ||
| Common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Treasury stock, value | (37) | (37) | (37) | (37) | (37) | (36) | (36) | ||
| Additional paid in capital | 71 | 70 | 66 | 63 | 62 | 60 | 58 | ||
| Accumulated other comprehensive income (loss) | (40) | (34) | (18) | (58) | (48) | (16) | 26 | ||
| Retained earnings | 475 | 449 | 423 | 403 | 388 | 374 | 359 | ||
| Stockholders' equity attributable to noncontrolling interest | 141 | 138 | 137 | 113 | 111 | 117 | 128 | ||
| Total stockholders' equity: | 609 | 586 | 571 | 484 | 476 | 499 | 535 | ||
| TOTAL LIABILITIES AND EQUITY: | 829 | 799 | 778 | 682 | 688 | 605 | 664 | ||
Income statement (P&L) ($ in millions)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 714 | 676 | 591 | 521 | 469 | 499 | 564 | |
| Revenue, net | ✕ | ✕ | 591 | 521 | 469 | 499 | 564 | |
| Cost of revenue (Cost of Goods and Services Sold) | (268) | (248) | (215) | (195) | (179) | (217) | (241) | |
| Other undisclosed gross profit | 5 | 6 | ||||||
| Gross profit: | 446 | 428 | 376 | 326 | 289 | 287 | 329 | |
| Operating expenses | (341) | (333) | (298) | (260) | (228) | (234) | (250) | |
| Operating income: | 105 | 95 | 79 | 67 | 61 | 53 | 79 | |
| Nonoperating income (expense) | 0 | 1 | (1) | 0 | (1) | 3 | 2 | |
| Investment income, nonoperating | 4 | 4 | 3 | 3 | 4 | 4 | ||
| Foreign currency transaction gain (loss), before tax | (1) | (0) | (2) | (1) | (1) | 1 | (1) | |
| Interest and debt expense | (2) | (3) | (2) | (2) | (3) | (1) | (1) | |
| Other undisclosed income from continuing operations before equity method investments, income taxes | 2 | 3 | 2 | 2 | 3 | 1 | 1 | |
| Income from continuing operations before income taxes: | 105 | 96 | 78 | 67 | 60 | 57 | 81 | |
| Income tax expense | (29) | (26) | (23) | (24) | (22) | (19) | (30) | |
| Net income: | 76 | 70 | 55 | 43 | 39 | 37 | 51 | |
| Net loss attributable to noncontrolling interest | (16) | (16) | (14) | (10) | (9) | (8) | (12) | |
| Net income available to common stockholders, diluted: | 60 | 54 | 42 | 33 | 30 | 29 | 39 | |
Comprehensive Income ($ in millions)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 76 | 70 | 55 | 43 | 39 | 37 | 51 | |
| Other comprehensive income (loss) | (9) | (22) | 56 | (13) | (58) | 19 | ||
| Other undisclosed comprehensive loss | (44) | |||||||
| Comprehensive income (loss): | 67 | 47 | 111 | 30 | (5) | (20) | 70 | |
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (13) | (9) | (30) | (7) | 4 | 8 | 17 | |
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (34) | |||||||
| Comprehensive income (loss), net of tax, attributable to parent: | 54 | 38 | 82 | 23 | (2) | (12) | 53 | |
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.