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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 127,463 $ 192,417
Short-term investments 67,505 60,714
Accounts receivable, net 77,399 133,010
Inventories 194,831 167,809
Receivables, other 919 2,054
Other current assets 18,254 17,123
Income taxes receivable 1,231 169
Total current assets 487,602 573,296
Equipment and leasehold improvements, net 10,742 11,107
Right-of-use assets, net 26,284 28,359
Trademarks, licenses and other intangible assets, net 199,680 201,983
Deferred tax assets 8,672 8,004
Other assets 20,739 6,083
Total assets 753,719 828,832
Current liabilities:    
Current portion of long-term debt 5,551 12,326
Current portion of lease liabilities 4,894 5,356
Accounts payable – trade 33,904 54,098
Accrued expenses 51,789 96,421
Income taxes payable 5,836 5,865
Dividends payable   10,399
Total current liabilities 101,974 184,465
Long–term debt, less current portion 18,858 10,734
Lease liabilities, less current portion 23,057 24,635
Equity:    
Preferred stock, $.001 par; authorized 1,000,000 shares; none issued
Common stock, $.001 par; authorized 100,000,000 shares; outstanding 31,532,558 and 31,513,018 shares at June 30, 2020 and December 31, 2019, respectively 32 31
Additional paid-in capital 72,535 70,664
Retained earnings 471,462 474,637
Accumulated other comprehensive loss (40,566) (39,853)
Treasury stock, at cost, 9,864,805 shares at June 30, 2020 and December 31, 2019 (37,475) (37,475)
Total Inter Parfums, Inc. shareholders’ equity 465,988 468,004
Noncontrolling interest 143,842 140,994
Total equity 609,830 608,998
Total liabilities and equity $ 753,719 $ 828,832