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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 88,462 $ 104,713
Short-term investments 94,304 150,833
Accounts receivable, net 247,240 197,584
Inventories 371,859 289,984
Receivables, other 7,012 28,803
Other current assets 29,458 15,650
Income taxes receivable 691 157
Total current assets 839,026 787,724
Property, equipment and leasehold improvements, net 169,222 166,722
Right-of-use assets, net 28,613 27,964
Trademarks, licenses and other intangible assets, net 296,356 290,853
Deferred tax assets 14,545 11,159
Other assets 21,567 24,120
Total assets 1,369,329 1,308,542
Current liabilities:    
Loans payable - banks 4,420
Current portion of long-term debt 29,587 28,547
Current portion of lease liabilities 5,951 5,296
Accounts payable - trade 97,409 88,388
Accrued expenses 178,880 213,621
Income taxes payable 8,498 8,715
Total current liabilities 324,745 344,567
Long–term debt, less current portion 127,897 151,494
Lease liabilities, less current portion 24,517 24,335
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, 32,004,660 and 31,967,300 shares on December 31, 2023, and 2022, respectively 32 32
Additional paid-in capital 98,565 90,186
Retained earnings 693,848 620,095
Accumulated other comprehensive loss (40,188) (56,056)
Treasury stock, at cost, 9,981,665 and 9,864,805 common shares on December 31, 2023, and 2022, respectively (52,864) (37,475)
Total Inter Parfums, Inc. shareholders’ equity 699,393 616,782
Noncontrolling interest 192,777 171,364
Total equity 892,170 788,146
Total liabilities and equity $ 1,369,329 $ 1,308,542