2021 Q4 Form 10-K Financial Statement
#000175392622000273 Filed on March 01, 2022
Income Statement
| Concept | 2021 Q4 | 2021 | 2020 Q4 |
|---|---|---|---|
| Revenue | $210.7M | $879.5M | $184.0M |
| YoY Change | 14.52% | 63.17% | 3.49% |
| Cost Of Revenue | $95.84M | $391.6M | $81.20M |
| YoY Change | 18.03% | 57.02% | 5.59% |
| Gross Profit | $114.9M | $487.9M | $102.8M |
| YoY Change | 11.75% | 68.47% | 1.88% |
| Gross Profit Margin | 54.52% | 55.47% | 55.87% |
| Selling, General & Admin | $127.1M | $337.5M | $76.40M |
| YoY Change | 66.34% | 53.74% | -13.67% |
| % of Gross Profit | 110.62% | 69.17% | 74.32% |
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | $3.025M | $10.30M | $2.320M |
| YoY Change | 30.39% | 13.56% | -3.33% |
| % of Gross Profit | 2.63% | 2.11% | 2.26% |
| Operating Expenses | $127.1M | $337.5M | $76.40M |
| YoY Change | 66.34% | 53.74% | -13.77% |
| Operating Profit | -$12.20M | $150.4M | $26.40M |
| YoY Change | -146.22% | 114.61% | 114.63% |
| Interest Expense | $2.703M | $2.916M | -$2.000M |
| YoY Change | -235.15% | -324.31% | 400.0% |
| % of Operating Profit | 1.94% | -7.58% | |
| Other Income/Expense, Net | -$82.00K | $53.00K | $500.0K |
| YoY Change | -116.4% | -89.4% | |
| Pretax Income | -$9.582M | $151.0M | $25.00M |
| YoY Change | -138.33% | 117.92% | 110.08% |
| Income Tax | -$4.120M | $40.99M | $7.200M |
| % Of Pretax Income | 27.14% | 28.8% | |
| Net Earnings | -$1.224M | $87.41M | $14.70M |
| YoY Change | -108.33% | 128.82% | 79.27% |
| Net Earnings / Revenue | -0.58% | 9.94% | 7.99% |
| Basic Earnings Per Share | $2.76 | ||
| Diluted Earnings Per Share | -$38.54K | $2.746M | $463.7K |
| COMMON SHARES | |||
| Basic Shares Outstanding | 31.68M shares | ||
| Diluted Shares Outstanding | 31.84M shares |
Balance Sheet
| Concept | 2021 Q4 | 2021 | 2020 Q4 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $319.6M | $319.6M | $296.3M |
| YoY Change | 7.87% | 7.87% | 17.07% |
| Cash & Equivalents | $159.6M | $159.6M | $169.7M |
| Short-Term Investments | $160.0M | $160.0M | $126.6M |
| Other Short-Term Assets | $21.38M | $21.38M | $16.90M |
| YoY Change | 26.48% | 26.48% | -1.17% |
| Inventory | $198.9M | $198.9M | $158.8M |
| Prepaid Expenses | |||
| Receivables | $159.3M | $159.3M | $124.1M |
| Other Receivables | $10.52M | $10.52M | $4.600M |
| Total Short-Term Assets | $709.7M | $709.7M | $600.7M |
| YoY Change | 18.15% | 18.15% | 4.78% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $183.1M | $183.1M | $44.30M |
| YoY Change | 313.27% | 313.27% | 12.15% |
| Goodwill | |||
| YoY Change | |||
| Intangibles | $214.0M | ||
| YoY Change | |||
| Long-Term Investments | |||
| YoY Change | |||
| Other Assets | $38.52M | $38.52M | $31.00M |
| YoY Change | 24.26% | 24.26% | 119.86% |
| Total Long-Term Assets | $435.6M | $435.6M | $289.4M |
| YoY Change | 50.54% | 50.54% | 13.27% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $709.7M | $709.7M | $600.7M |
| Total Long-Term Assets | $435.6M | $435.6M | $289.4M |
| Total Assets | $1.145B | $1.145B | $890.1M |
| YoY Change | 28.68% | 28.68% | 7.4% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $81.98M | $81.98M | $35.60M |
| YoY Change | 130.28% | 130.28% | -34.2% |
| Accrued Expenses | $142.7M | $142.7M | $100.8M |
| YoY Change | 41.56% | 41.56% | -0.98% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | $15.91M | $15.91M | $14.57M |
| YoY Change | 9.2% | 8.98% | 18.46% |
| Total Short-Term Liabilities | $244.9M | $244.9M | $156.2M |
| YoY Change | 56.79% | 56.79% | -15.34% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $132.9M | $132.9M | $10.14M |
| YoY Change | 1211.19% | 1215.86% | -5.27% |
| Other Long-Term Liabilities | $29.22M | $29.22M | $21.40M |
| YoY Change | 36.54% | 36.54% | -13.01% |
| Total Long-Term Liabilities | $162.1M | $162.1M | $10.14M |
| YoY Change | 1499.47% | 414.67% | -71.29% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $244.9M | $244.9M | $156.2M |
| Total Long-Term Liabilities | $162.1M | $162.1M | $10.14M |
| Total Liabilities | $573.4M | $573.4M | $354.3M |
| YoY Change | 61.85% | 61.85% | -1.8% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | $560.7M | ||
| YoY Change | |||
| Common Stock | $32.00K | ||
| YoY Change | |||
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | $37.48M | ||
| YoY Change | |||
| Treasury Stock Shares | 9.865M shares | ||
| Shareholders Equity | $571.9M | $571.9M | $535.8M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $1.145B | $1.145B | $890.1M |
| YoY Change | 28.68% | 28.68% | 7.4% |
Cashflow Statement
| Concept | 2021 Q4 | 2021 | 2020 Q4 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | -$1.224M | $87.41M | $14.70M |
| YoY Change | -108.33% | 128.82% | 79.27% |
| Depreciation, Depletion And Amortization | $3.025M | $10.30M | $2.320M |
| YoY Change | 30.39% | 13.56% | -3.33% |
| Cash From Operating Activities | $18.33M | $119.6M | $85.14M |
| YoY Change | -78.48% | 84.01% | 22.06% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$10.64M | -$142.8M | -$8.280M |
| YoY Change | 28.49% | 1064.92% | 567.74% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | -$14.39M | -$45.05M | $11.09M |
| YoY Change | -229.79% | 347.34% | -117.11% |
| Cash From Investing Activities | -$25.03M | -$187.9M | $2.810M |
| YoY Change | -990.85% | 741.32% | -104.25% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | $43.06M | ||
| YoY Change | 213.7% | ||
| Cash From Financing Activities | -10.72M | 78.19M | 630.0K |
| YoY Change | -1801.9% | -519.27% | -105.04% |
| NET CHANGE | |||
| Cash From Operating Activities | 18.33M | 119.6M | 85.14M |
| Cash From Investing Activities | -25.03M | -187.9M | 2.810M |
| Cash From Financing Activities | -10.72M | 78.19M | 630.0K |
| Net Change In Cash | -17.43M | 9.913M | 88.58M |
| YoY Change | -119.68% | -58.71% | -1105.45% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $18.33M | $119.6M | $85.14M |
| Capital Expenditures | -$10.64M | -$142.8M | -$8.280M |
| Free Cash Flow | $28.96M | $262.4M | $93.42M |
| YoY Change | -69.0% | 239.68% | 31.6% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2021Q4 | ipar |
Cash And Cash Equivalents Per Statement Of Cash Flows
CashAndCashEquivalentsPerStatementOfCashFlows
|
168387000 | USD |
| CY2021Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
USD | |
| CY2020Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
USD | |
| CY2019 | us-gaap |
Impairment Of Leasehold
ImpairmentOfLeasehold
|
USD | |
| CY2019 | us-gaap |
Other Income
OtherIncome
|
USD | |
| CY2021 | us-gaap |
Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
|
USD | |
| CY2019 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
USD | |
| CY2021 | us-gaap |
Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
|
USD | |
| CY2019 | us-gaap |
Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
|
USD | |
| CY2019 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
USD | |
| CY2021 | us-gaap |
Payments To Minority Shareholders
PaymentsToMinorityShareholders
|
USD | |
| CY2020 | us-gaap |
Payments To Minority Shareholders
PaymentsToMinorityShareholders
|
USD | |
| CY2021Q4 | us-gaap |
Inventory Net
InventoryNet
|
198914000 | USD |
| CY2021Q4 | us-gaap |
Long Term Debt Term
LongTermDebtTerm
|
P10Y | |
| CY2021 | us-gaap |
Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
|
P14Y | |
| CY2020Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
14570000 | USD |
| CY2020Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
10136000 | USD |
| CY2021Q4 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P6Y1M6D | |
| CY2021 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P5Y | |
| CY2020 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P5Y | |
| CY2019 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P5Y | |
| CY2021 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
|
P2Y9M0D | |
| CY2020 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
539009000 | USD |
| CY2021 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
151019000 | USD |
| CY2020Q4 | ipar |
Deferred Tax Liabilities Building Expenses
DeferredTaxLiabilitiesBuildingExpenses
|
USD | |
| CY2020Q4 | ipar |
Deferred Tax Liabilities Unrealized Gain On Marketable Equity Securities
DeferredTaxLiabilitiesUnrealizedGainOnMarketableEquitySecurities
|
USD | |
| CY2020Q4 | us-gaap |
Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
|
USD | |
| CY2021 | us-gaap |
Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Net
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesNet
|
USD | |
| CY2020 | us-gaap |
Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Net
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesNet
|
USD |
