(13)

Segments and Geographic Areas

The Company manufactures and distributes one product line, fragrances and fragrance related products. The Company manages its business in two segments, European based operations and United States based operations. The European assets are located, and operations are primarily conducted, in France. European operations primarily represent the sale of the prestige brand name fragrances, and United States operations represent the sale of specialty retail and prestige brand name fragrances. Information on the Company's operations by segments is as follows:

	Year ended December 31,
	2013			2012			2011
Net sales:
United States	$	99,158		$	83,106		$	62,976
Europe		464,562			571,877			552,415
Eliminations of intercompany sales		(141	)		(866	)		(171	)
	$	563,579		$	654,117		$	615,220
Net income attributable to Inter Parfums, Inc.:
United States	$	6,806		$	5,078		$	2,108
Europe		32,392			126,045			30,217
Eliminations		13			13			(22	)
	$	39,211		$	131,136		$	32,303
Depreciation and amortization expense:
United States	$	1,216		$	958		$	507
Europe		9,894			14,596			12,566
	$	11,110		$	15,554		$	13,073
Interest and dividend income:
United States	$	16		$	7		$	10
Europe		4,424			1,126			1,095
	$	4,440		$	1,133		$	1,105
Interest expense:
United States	$	13		$	38		$	11
Europe		1,367			1,616			2,186
	$	1,380		$	1,654		$	2,197
Income tax expense (benefit):
United States	$	4,512		$	3,804		$	1,405
Europe		25,159			94,063			23,053
Eliminations		9			8			(14	)
	$	29,680		$	97,875		$	24,444

	December 31,
	2013			2012			2011
Total assets:
United States	$	76,980		$	64,278		$	59,841
Europe		596,153			704,464			465,747
Eliminations of investment in subsidiary		(9,075	)		(8,822	)		(9,554	)
	$	664,058		$	759,920		$	516,034
Additions to long-lived assets:
United States	$	7,629		$	3,131		$	572
Europe		5,155			26,060			13,979
	$	12,784		$	29,191		$	14,551
Total long-lived assets:
United States	$	13,823		$	7,572		$	5,400
Europe		112,864			118,712			117,638
	$	126,687		$	126,284		$	123,038
Deferred tax assets:
United States	$	341		$	762		$	1,505
Europe		6,916			12,361			5,748
Eliminations		-			9			17
	$	7,257		$	13,132		$	7,270

United States export sales were approximately $50.4 million, $38.8 million and $24.9 million in 2013, 2012 and 2011, respectively. Consolidated net sales to customers by region are as follows:

	Year ended December 31,
	2013		2012		2011
North America	$	154,300	$	175,400	$	150,000
Europe		215,600		241,300		246,000
Central and South America		42,400		53,000		61,000
Middle East		43,300		62,100		57,000
Asia		98,600		115,300		95,000
Other		9,400		7,000		6,200

	$	563,600	$	654,100	$	615,200

Consolidated net sales to customers in major countries are as follows:

	Year Ended December 31,
	2013		2012		2011
United States	$	150,000	$	167,000	$	138,000
United Kingdom	$	46,000	$	48,000	$	45,000
France	$	47,000	$	46,000	$	48,000