Valuation and Qualifying Accounts

12 Months Ended

Dec. 31, 2011

Schedule II

INTER PARFUMS, INC. AND SUBSIDIARIES

Valuation and Qualifying Accounts

(In thousands)

Column A	Column B		Column C					Column D			Column E
			Additions
			(1)		(2)
					Charged to
	Balance at		Charged to		other
	beginning of		costs and		accounts –			Deductions –			Balance at
Description	period		expenses		describe			describe			end of period
Allowance for doubtful accounts:
Year ended December 31, 2011	$	4,367		2,838		(211	)(d)		1,674	(a)		5,320
Year ended December 31, 2010	$	2,096		3,147		(106	)(d)		770	(a)		4,367
Year ended December 31, 2009	$	1,185		1,295		57	(d)		441	(a)		2,096

Sales return accrual:
Year ended December 31, 2011	$	1,560		4,129		-			1,517	(b)		4,172
Year ended December 31, 2010	$	296		1,496		-			232	(b)		1,560
Year ended December 31, 2009	$	118		385		-			207	(b)		296

Inventory Reserve:
Year ended December 31, 2011	$	6,242		3,880		(272	)(d)		2,390	(c)		7,460
Year ended December 31, 2010	$	7,150		1,766		(405	)(d)		2,269	(c)		6,242
Year ended December 31, 2009	$	7,394		2,237		195	(d)		2,676	(c)		7,150

(a)

Write-off of bad debts.

(b)

Write-off of sales returns.

(c)

Disposal of inventory

(d)

Foreign currency translation adjustment

See accompanying reports of independent registered public accounting firms