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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 38,973 $ 88,462
Short-term investments 37,735 94,304
Accounts receivable, net 299,375 247,240
Inventories 433,716 371,859
Receivables, other 5,050 7,012
Other current assets 23,620 29,458
Income taxes receivable 18,919 691
Total current assets 857,388 839,026
Property, equipment and leasehold improvements, net 161,064 169,222
Right-of-use assets, net 25,858 28,613
Trademarks, licenses and other intangible assets, net 282,379 296,356
Deferred tax assets 16,849 14,545
Other assets 20,454 21,567
Total assets 1,363,992 1,369,329
Current liabilities:    
Loans payable - banks 18,494 4,420
Current portion of long-term debt 28,743 29,587
Current portion of lease liabilities 5,949 5,951
Accounts payable – trade 108,509 97,409
Accrued expenses 145,129 178,880
Income taxes payable 25,612 8,498
Total current liabilities 332,436 324,745
Long–term debt, less current portion 108,482 127,897
Lease liabilities, less current portion 21,868 24,517
Equity:    
Preferred stock, $.001 par; authorized 1,000,000 shares; none issued 0 0
Common stock, $.001 par; authorized 100,000,000 shares; outstanding 32,024,280 and 32,004,660 shares at June 30, 2024 and December 31, 2023, respectively 32 32
Additional paid-in capital 100,505 98,565
Retained earnings 724,268 693,848
Accumulated Other Comprehensive Income Loss Net Of Tax (54,864) (40,188)
Treasury stock, at cost, 9,981,665 and 9,981,665 shares at June 30, 2024 and December 31, 2023, respectively (52,864) (52,864)
Total Inter Parfums, Inc. shareholders’ equity 717,077 699,393
Noncontrolling interest 184,129 192,777
Total equity 901,206 892,170
Total liabilities and equity $ 1,363,992 $ 1,369,329