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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 41,277 $ 159,613
Short-term investments 135,443 160,014
Accounts receivable, net 220,112 159,281
Inventories 283,237 198,914
Receivables, other 8,050 10,308
Other current assets 19,310 21,375
Income taxes receivable 211 210
Total current assets 707,640 709,715
Property, equipment and leasehold improvements, net 153,246 149,352
Right-of-use assets, net 27,834 33,728
Trademarks, licenses and other intangible assets, net 189,273 214,047
Deferred tax assets 10,344 7,936
Other assets 22,857 30,586
Total assets 1,111,194 1,145,364
Current liabilities:    
Current portion of long-term debt 12,593 15,911
Current portion of lease liabilities 4,852 6,014
Accounts payable – trade 81,415 81,980
Accrued expenses 132,834 136,677
Income taxes payable 16,820 4,328
Total current liabilities 248,514 244,910
Long–term debt, less current portion 107,942 132,902
Lease liabilities, less current portion 24,590 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 31,875,625 and 31,830,420 shares at September 30, 2022 and December 31, 2021, respectively 32 32
Additional paid-in capital 85,660 87,132
Retained earnings 618,884 560,663
Accumulated other comprehensive loss (92,405) (38,432)
Treasury stock, at cost, 9,864,805 shares at September 30, 2022 and December 31, 2021 (37,475) (37,475)
Total Inter Parfums, Inc. shareholders’ equity 574,696 571,920
Noncontrolling interest 155,452 166,412
Total equity 730,148 738,332
Total liabilities and equity $ 1,111,194 $ 1,145,364