XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.1
CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 110,122 $ 159,613
Short-term investments 155,114 160,014
Accounts receivable, net 206,258 159,281
Inventories 227,108 198,914
Receivables, other 12,527 10,308
Other current assets 23,161 21,375
Income taxes receivable 177 210
Total current assets 734,467 709,715
Property, equipment and leasehold improvements, net 157,729 149,352
Right-of-use assets, net 31,510 33,728
Trademarks, licenses and other intangible assets, net 208,960 214,047
Deferred tax assets 7,664 7,936
Other assets 21,878 30,586
Total assets 1,162,208 1,145,364
Current liabilities:    
Current portion of long-term debt 14,377 15,911
Current portion of lease liabilities 4,640 6,014
Accounts payable – trade 72,568 81,980
Accrued expenses 144,724 136,677
Income taxes payable 13,920 4,328
Total current liabilities 250,229 244,910
Long–term debt, less current portion 125,164 132,902
Lease liabilities, less current portion 28,574 29,220
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 31,843,845 and 31,830,420 shares at  March 31, 2022 and December 31, 2021, respectively 32 32
Additional paid-in capital 88,181 87,132
Retained earnings 580,094 560,663
Accumulated other comprehensive loss (46,273) (38,432)
Treasury stock, at cost, 9,864,805 shares at March 31, 2022 and December 31, 2021 (37,475) (37,475)
Total Inter Parfums, Inc. shareholders’ equity 584,559 571,920
Noncontrolling interest 173,682 166,412
Total equity 758,241 738,332
Total liabilities and equity $ 1,162,208 $ 1,145,364