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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 143,313 $ 169,681
Short-term investments 150,545 126,627
Accounts receivable, net 149,940 124,057
Inventories 148,685 158,822
Receivables, other 1,650 1,815
Other current assets 18,579 16,912
Income taxes receivable 404 2,806
Total current assets 613,116 600,720
Equipment and leasehold improvements, net 18,865 19,580
Right-of-use assets, net 22,807 24,734
Trademarks, licenses and other intangible assets, net 202,247 214,108
Deferred tax assets 7,669 8,041
Other assets 23,011 22,962
Total assets 887,715 890,145
Current liabilities:    
Current portion of long-term debt 1,071 14,570
Current portion of lease liabilities 4,983 5,133
Accounts payable – trade 44,680 35,576
Accrued expenses 88,600 95,629
Income taxes payable 12,774 5,297
Total current liabilities 152,108 156,205
Long–term debt, less current portion 9,173 10,136
Lease liabilities, less current portion 19,771 21,354
Inter Parfums, Inc. shareholders’ equity:    
Preferred stock, $.001 par; authorized 1,000,000 shares; none issued
Common stock, $.001 par; authorized 100,000,000 shares; outstanding 31,652,038 and 31,608,588 shares at March 31, 2021 and December 31, 2020, respectively 32 32
Additional paid-in capital 77,566 75,708
Retained earnings 523,600 503,567
Accumulated other comprehensive loss (23,611) (5,997)
Treasury stock, at cost, 9,864,805 shares at March 31, 2021 and December 31, 2020 (37,475) (37,475)
Total Inter Parfums, Inc. shareholders’ equity 540,112 535,835
Noncontrolling interest 166,551 166,615
Total equity 706,663 702,450
Total liabilities and equity $ 887,715 $ 890,145