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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 52,235 $ 159,613
Short-term investments 143,642 160,014
Accounts receivable, net 192,547 159,281
Inventories 265,835 198,914
Receivables, other 7,441 10,308
Other current assets 18,304 21,375
Income taxes receivable 223 210
Total current assets 680,227 709,715
Property, equipment and leasehold improvements, net 162,447 149,352
Right-of-use assets, net 29,792 33,728
Trademarks, licenses and other intangible assets, net 196,211 214,047
Deferred tax assets 9,836 7,936
Other assets 23,939 30,586
Total assets 1,102,452 1,145,364
Current liabilities:    
Current portion of long-term debt 13,342 15,911
Current portion of lease liabilities 4,850 6,014
Accounts payable – trade 83,409 81,980
Accrued expenses 122,061 136,677
Income taxes payable 11,837 4,328
Total current liabilities 235,499 244,910
Long–term debt, less current portion 117,354 132,902
Lease liabilities, less current portion 26,594 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 31,845,965 and 31,830,420 shares at June 30, 2022 and December 31, 2021, respectively 32 32
Additional paid-in capital 84,316 87,132
Retained earnings 593,367 560,663
Accumulated other comprehensive loss (70,426) (38,432)
Treasury stock, at cost, 9,864,805 shares at June 30, 2022 and December 31, 2021 (37,475) (37,475)
Total Inter Parfums, Inc. shareholders’ equity 569,814 571,920
Noncontrolling interest 153,191 166,412
Total equity 723,005 738,332
Total liabilities and equity $ 1,102,452 $ 1,145,364