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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 133,350 $ 192,417
Short-term investments 70,685 60,714
Accounts receivable, net 138,486 133,010
Inventories 178,852 167,809
Receivables, other 1,319 2,054
Other current assets 18,032 17,123
Income taxes receivable 624 169
Total current assets 541,348 573,296
Equipment and leasehold improvements, net 11,627 11,107
Right-of-use assets, net 25,525 28,359
Trademarks, licenses and other intangible assets, net 206,446 201,983
Deferred tax assets 9,748 8,004
Other assets 21,487 6,083
Total assets 816,181 828,832
Current liabilities:    
Current portion of long-term debt 5,755 12,326
Current portion of lease liabilities 4,951 5,356
Accounts payable – trade 27,321 54,098
Accrued expenses 71,770 96,421
Income taxes payable 9,450 5,865
Dividends payable 10,399
Total current liabilities 119,247 184,465
Long–term debt, less current portion 19,384 10,734
Lease liabilities, less current portion 22,289 24,635
Equity:    
Preferred stock, $.001 par; authorized 1,000,000 shares; none issued
Common stock, $.001 par; authorized 100,000,000 shares; outstanding 31,537,558 and 31,513,018 shares at September 30, 2020 and December 31, 2019, respectively 32 31
Additional paid-in capital 73,268 70,664
Retained earnings 488,193 474,637
Accumulated other comprehensive loss (24,558) (39,853)
Treasury stock, at cost, 9,864,805 shares at September 30, 2020 and December 31, 2019 (37,475) (37,475)
Total Inter Parfums, Inc. shareholders’ equity 499,460 468,004
Noncontrolling interest 155,801 140,994
Total equity 655,261 608,998
Total liabilities and equity $ 816,181 $ 828,832