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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 20,976 $ 88,462
Short-term investments 76,078 94,304
Accounts receivable, net 293,075 247,240
Inventories 400,209 371,859
Receivables, other 5,581 7,012
Other current assets 34,258 29,458
Income taxes receivable 2,490 691
Total current assets 832,667 839,026
Property, equipment and leasehold improvements, net 164,165 169,222
Right-of-use assets, net 26,980 28,613
Trademarks, licenses and other intangible assets, net 288,117 296,356
Deferred tax assets 15,726 14,545
Other assets 21,521 21,567
Total assets 1,349,176 1,369,329
Current liabilities:    
Loans payable - banks 8,324 4,420
Current portion of long-term debt 29,027 29,587
Current portion of lease liabilities 5,928 5,951
Accounts payable – trade 106,219 97,409
Accrued expenses 135,660 178,880
Income taxes payable 17,300 8,498
Total current liabilities 302,458 324,745
Long–term debt, less current portion 115,926 127,897
Lease liabilities, less current portion 22,905 24,517
Equity:    
Preferred stock, $.001 par; authorized 1,000,000 shares; none issued
Common stock, $.001 par; authorized 100,000,000 shares; outstanding 32,023,640 and 32,004,660 shares at March 31, 2024 and December 31, 2023, respectively 32 32
Additional paid-in capital 100,309 98,565
Retained earnings 711,043 693,848
Accumulated other comprehensive loss (50,417) (40,188)
Treasury stock, at cost, 9,981,665 and 9,981,665 shares at March 31, 2024 and December 31, 2023, respectively (52,864) (52,864)
Total Inter Parfums, Inc. shareholders’ equity 708,103 699,393
Noncontrolling interest 199,784 192,777
Total equity 907,887 892,170
Total liabilities and equity $ 1,349,176 $ 1,369,329