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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 79,764 $ 104,713
Short-term investments 103,745 150,833
Accounts receivable, net 288,085 197,584
Inventories 364,270 289,984
Receivables, other 13,645 28,803
Other current assets 26,847 15,650
Income taxes receivable 498 157
Total current assets 876,854 787,724
Property, equipment and leasehold improvements, net 163,002 166,722
Right-of-use assets, net 29,359 27,964
Trademarks, licenses and other intangible assets, net 286,697 290,853
Deferred tax assets 16,063 11,159
Other assets 22,422 24,120
Total assets 1,394,397 1,308,542
Current liabilities:    
Loans payable - banks 4,501
Current portion of long-term debt 41,768 28,547
Current portion of lease liabilities 5,687 5,296
Accounts payable – trade 87,161 88,388
Accrued expenses 200,065 213,621
Income taxes payable 23,913 8,715
Total current liabilities 363,095 344,567
Long–term debt, less current portion 128,983 151,494
Lease liabilities, less current portion 25,452 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 31,980,805 and 31,967,300 shares at September 30, 2023 and December 31, 2022, respectively 32 32
Additional paid-in capital 95,752 90,186
Retained earnings 703,091 620,095
Accumulated other comprehensive loss (59,802) (56,056)
Treasury stock, at cost, 9,949,865 and 9,864,805 shares at September 30, 2023 and December 31, 2022, respectively (48,764) (37,475)
Total Inter Parfums, Inc. shareholders’ equity 690,309 616,782
Noncontrolling interest 186,558 171,364
Total equity 876,867 788,146
Total liabilities and equity $ 1,394,397 $ 1,308,542