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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 192,417 $ 193,136
Short-term investments 60,714 67,870
Accounts receivable, net 133,010 133,320
Inventories 167,809 161,778
Receivables, other 2,054 2,112
Other current assets 17,123 12,576
Income taxes receivable 169 810
Total current assets 573,296 571,602
Equipment and leasehold improvements, net 11,107 9,839
Right-of-use assets, net 28,359
Trademarks, licenses and other intangible assets, net 201,983 204,325
Deferred tax assets 8,004 5,761
Other assets 6,083 6,302
Total assets 828,832 797,829
Current liabilities:    
Current portion of long-term debt 12,326 23,155
Current portion of lease liabilities 5,356
Accounts payable - trade 54,098 58,328
Accrued expenses 96,421 94,668
Income taxes payable 5,865 4,396
Dividends payable 10,399 8,630
Total current liabilities 184,465 189,177
Long-term debt, less current portion 10,734 22,906
Lease liabilities, less current portion 24,635  
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, 31,513,018 and 31,382,127 shares at December 31, 2019 and 2018, respectively 31 31
Additional paid-in capital 70,664 69,970
Retained earnings 474,637 448,731
Accumulated other comprehensive loss (39,853) (33,650)
Treasury stock, at cost, 9,864,805 common shares at December 31, 2019 and 2018 (37,475) (37,475)
Total Inter Parfums, Inc. shareholders' equity 468,004 447,607
Noncontrolling interest 140,994 138,139
Total equity 608,998 585,746
Total liabilities and equity $ 828,832 $ 797,829