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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 176,967 $ 90,138
Short-term investments 82,847 190,152
Accounts receivable, net 95,082 90,124
Inventories 98,346 102,326
Receivables, other 2,422 1,542
Other current assets 5,811 4,504
Income taxes receivable 100 929
Deferred tax assets 7,182 6,848
Total current assets 468,757 486,563
Equipment and leasehold improvements, net 9,333 9,187
Trademarks, licenses and other intangible assets, net 201,335 98,531
Other assets 8,234 10,225
Total assets 687,659 604,506
Current liabilities:    
Loans payable - banks 0 298
Current portion of long-term debt 22,163 0
Accounts payable - trade 50,636 46,646
Accrued expenses 46,890 49,194
Income taxes payable 7,359 3,773
Dividends payable 4,035 3,717
Total current liabilities 131,083 $ 103,628
Long-term debt, less current portion 76,443
Deferred tax liability $ 3,746 $ 2,154
Commitments and contingencies
Inter Parfums, Inc. shareholders’ equity:    
Preferred stock, $0.001 par value. Authorized 1,000,000 shares; none issued
Common stock, $0.001 par value. Authorized 100,000,000 shares; outstanding, 31,037,915 and 30,977,293 shares at December 31, 2015 and 2014, respectively $ 31 $ 31
Additional paid-in capital 62,030 60,200
Retained earnings 388,434 374,121
Accumulated other comprehensive loss (48,091) (15,823)
Treasury stock, at cost, 9,880,058 and 9,897,995 common shares at December 31, 2015 and 2014, respectively (36,817) (36,464)
Total Inter Parfums, Inc. shareholders’ equity 365,587 382,065
Noncontrolling interest 110,800 116,659
Total equity 476,387 498,724
Total liabilities and equity $ 687,659 $ 604,506