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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 149,055 $ 104,713
Short-term investments 88,702 150,833
Accounts receivable, net 241,948 197,584
Inventories 323,700 289,984
Receivables, other 27,779 28,803
Other current assets 20,346 15,650
Income taxes receivable 71 157
Total current assets 851,601 787,724
Property, equipment and leasehold improvements, net 169,036 166,722
Right-of-use assets, net 26,901 27,964
Trademarks, licenses and other intangible assets, net 294,300 290,853
Deferred tax assets 12,543 11,159
Other assets 25,825 24,120
Total assets 1,380,206 1,308,542
Current liabilities:    
Loans payable - banks 18,000
Current portion of long-term debt 29,092 28,547
Current portion of lease liabilities 5,310 5,296
Accounts payable – trade 93,053 88,388
Accrued expenses 190,305 213,621
Income taxes payable 26,409 8,715
Total current liabilities 362,169 344,567
Long–term debt, less current portion 145,128 151,494
Lease liabilities, less current portion 23,302 24,335
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 32,012,950 and 31,967,300 shares at March 31, 2023 and December 31, 2022, respectively  32 32
Additional paid-in capital 95,429 90,186
Retained earnings 654,440 620,095
Accumulated other comprehensive loss (48,440) (56,056)
Treasury stock, at cost, 9,907,865 and 9,864,805 shares at March 31, 2023 and December 31, 2022, respectively (43,055) (37,475)
Total Inter Parfums, Inc. shareholders’ equity 658,406 616,782
Noncontrolling interest 191,201 171,364
Total equity 849,607 788,146
Total liabilities and equity $ 1,380,206 $ 1,308,542