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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 159,613 $ 169,681
Short-term investments 160,014 126,627
Accounts receivable, net 159,281 124,057
Inventories 198,914 158,822
Receivables, other 10,308 1,815
Other current assets 21,375 16,912
Income taxes receivable 210 2,806
Total current assets 709,715 600,720
Property, equipment and leasehold improvements, net 149,352 19,580
Right-of-use assets, net 33,728 24,734
Trademarks, licenses and other intangible assets, net 214,047 214,108
Deferred tax assets 7,936 8,041
Other assets 30,586 22,962
Total assets 1,145,364 890,145
Current liabilities:    
Current portion of long-term debt 15,911 14,570
Current portion of lease liabilities 6,014 5,133
Accounts payable - trade 81,980 35,576
Accrued expenses 136,677 95,629
Income taxes payable 4,328 5,297
Total current liabilities 244,910 156,205
Long–term debt, less current portion 132,902 10,136
Lease liabilities, less current portion 29,220 21,354
Inter Parfums, Inc. shareholders’ 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, 31,830,420 and 31,608,588 shares at December 31, 2021 and 2020, respectively 32 32
Additional paid-in capital 87,132 75,708
Retained earnings 560,663 503,567
Accumulated other comprehensive loss (38,432) (5,997)
Treasury stock, at cost, 9,864,805 common shares at December 31, 2021 and 2020 (37,475) (37,475)
Total Inter Parfums, Inc. shareholders’ equity 571,920 535,835
Noncontrolling interest 166,412 166,615
Total equity 738,332 702,450
Total liabilities and equity $ 1,145,364 $ 890,145