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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 104,713 $ 159,613
Short-term investments 150,833 160,014
Accounts receivable, net 197,584 159,281
Inventories 289,984 198,914
Receivables, other 28,803 10,308
Other current assets 15,650 21,375
Income taxes receivable 157 210
Total current assets 787,724 709,715
Property, equipment and leasehold improvements, net 166,722 149,352
Right-of-use assets, net 27,964 33,728
Trademarks, licenses and other intangible assets, net 290,853 214,047
Deferred tax assets 11,159 7,936
Other assets 24,120 30,586
Total assets 1,308,542 1,145,364
Current liabilities:    
Current portion of long-term debt 28,547 15,911
Current portion of lease liabilities 5,296 6,014
Accounts payable - trade 88,388 81,980
Accrued expenses 213,621 136,677
Income taxes payable 8,715 4,328
Total current liabilities 344,567 244,910
Long–term debt, less current portion 151,494 132,902
Lease liabilities, less current portion 24,335 29,220
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, 31,967,300 and 31,830,420 shares on December 31, 2022, and 2021, respectively 32 32
Additional paid-in capital 90,186 87,132
Retained earnings 620,095 560,663
Accumulated other comprehensive loss (56,056) (38,432)
Treasury stock, at cost, 9,864,805 common shares on December 31, 2022, and 2021 (37,475) (37,475)
Total Inter Parfums, Inc. shareholders’ equity 616,782 571,920
Noncontrolling interest 171,364 166,412
Total equity 788,146 738,332
Total liabilities and equity $ 1,308,542 $ 1,145,364