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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 169,681 $ 133,417
Short-term investments 126,627 119,714
Accounts receivable, net 124,057 133,010
Inventories 158,822 167,809
Receivables, other 1,815 2,054
Other current assets 16,912 17,123
Income taxes receivable 2,806 169
Total current assets 600,720 573,296
Equipment and leasehold improvements, net 19,580 11,107
Right-of-use assets, net 24,734 28,359
Trademarks, licenses and other intangible assets, net 214,108 201,983
Deferred tax assets 8,041 8,004
Other assets 22,962 6,083
Total assets 890,145 828,832
Current liabilities:    
Current portion of long-term debt 14,570 12,326
Current portion of lease liabilities 5,133 5,356
Accounts payable - trade 35,576 54,098
Accrued expenses 95,629 96,421
Income taxes payable 5,297 5,865
Dividends payable 10,399
Total current liabilities 156,205 184,465
Long–term debt, less current portion 10,136 10,734
Lease liabilities, less current portion 21,354 24,635
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, 31,608,588 and 31,513,018 shares at December 31, 2020 and 2019, respectively 32 31
Additional paid-in capital 75,708 70,664
Retained earnings 503,567 474,637
Accumulated other comprehensive loss (5,997) (39,853)
Treasury stock, at cost, 9,864,805 common shares at December 31, 2020 and 2019 (37,475) (37,475)
Total Inter Parfums, Inc. shareholders’ equity 535,835 468,004
Noncontrolling interest 166,615 140,994
Total equity 702,450 608,998
Total liabilities and equity $ 890,145 $ 828,832