XML 24 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 50,185 $ 125,650
Short-term investments 196,619 181,677
Accounts receivable, net 122,217 79,932
Inventories 112,863 117,347
Receivables, other 1,663 2,418
Other current assets 6,194 4,775
Income tax receivable 437 6,435
Deferred tax assets 7,375 7,257
Total current assets 497,553 525,491
Equipment and leasehold improvements, net 9,624 10,444
Trademarks, licenses and other intangible assets, net 103,148 116,243
Other assets 10,106 11,880
Total assets 620,431 664,058
Current liabilities:    
Loans payable - banks 239 6,104
Accounts payable, trade 51,020 56,736
Accrued expenses 42,269 58,333
Income taxes payable 7,889 1,270
Dividends payable 3,713 3,704
Total current liabilities 105,130 126,147
Deferred tax liability 2,319 2,555
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 30,942,868 and 30,863,421 shares at September 30, 2014 and December 31, 2013, respectively 31 31
Additional paid-in capital 59,123 57,877
Retained earnings 374,516 359,459
Accumulated other comprehensive income (loss) (4,464) 25,860
Treasury stock, at cost, 9,924,500 and 9,940,977 common shares at September 30, 2014 and December 31, 2013, respectively (36,266) (36,016)
Total Inter Parfums, Inc. shareholders' equity 392,940 407,211
Noncontrolling interest 120,042 128,145
Total equity 512,982 535,356
Total liabilities and equity $ 620,431 $ 664,058