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CONSOLIDATED BALANCE SHEETS(Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 74,311 $ 104,713
Short-term investments 112,449 150,833
Accounts receivable, net 236,554 197,584
Inventories 360,018 289,984
Receivables, other 14,730 28,803
Other current assets 24,993 15,650
Income taxes receivable 386 157
Total current assets 823,441 787,724
Property, equipment and leasehold improvements, net 168,264 166,722
Right-of-use assets, net 28,005 27,964
Trademarks, licenses and other intangible assets, net 292,319 290,853
Deferred tax assets 14,333 11,159
Other assets 25,302 24,120
Total assets 1,351,664 1,308,542
Current liabilities:    
Loans payable - banks 4,958
Current portion of long-term debt 29,080 28,547
Current portion of lease liabilities 5,236 5,296
Accounts payable – trade 91,040 88,388
Accrued expenses 194,036 213,621
Income taxes payable 17,324 8,715
Total current liabilities 341,674 344,567
Long–term debt, less current portion 138,565 151,494
Lease liabilities, less current portion 24,491 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 31,975,670 and 31,967,300 shares at June 30, 2023 and December 31, 2022, respectively 32 32
Additional paid-in capital 95,984 90,186
Retained earnings 669,688 620,095
Accumulated other comprehensive loss (48,739) (56,056)
Treasury stock, at cost, 9,949,865 and 9,864,805 shares at June 30, 2023 and December 31, 2022, respectively (48,764) (37,475)
Total Inter Parfums, Inc. shareholders’ equity 668,201 616,782
Noncontrolling interest 178,733 171,364
Total equity 846,934 788,146
Total liabilities and equity $ 1,351,664 $ 1,308,542