XML 338 R4.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Statements of Income (USD $)
In Thousands, except Share data, unless otherwise specified
 12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Consolidated Statements of Income [Abstract]      
Net sales $ 499,261us-gaap_SalesRevenueNet $ 563,579us-gaap_SalesRevenueNet $ 654,117us-gaap_SalesRevenueNet
Cost of sales 212,224us-gaap_CostOfGoodsSold 234,800us-gaap_CostOfGoodsSold 246,931us-gaap_CostOfGoodsSold
Gross margin 287,037us-gaap_GrossProfit 328,779us-gaap_GrossProfit 407,186us-gaap_GrossProfit
Selling, general, and administrative expenses 233,634us-gaap_SellingGeneralAndAdministrativeExpense 250,025us-gaap_SellingGeneralAndAdministrativeExpense 325,799us-gaap_SellingGeneralAndAdministrativeExpense
Gain on termination of license       (198,838)us-gaap_GainLossOnContractTermination
Impairment of goodwill       1,811us-gaap_GoodwillImpairmentLoss
Total operating expenses 233,634us-gaap_OperatingExpenses 250,025us-gaap_OperatingExpenses 128,772us-gaap_OperatingExpenses
Income from operations 53,403us-gaap_OperatingIncomeLoss 78,754us-gaap_OperatingIncomeLoss 278,414us-gaap_OperatingIncomeLoss
Other expenses (income):      
Interest expense 1,478us-gaap_InterestExpense 1,380us-gaap_InterestExpense 1,654us-gaap_InterestExpense
(Gain) loss on foreign currency (902)us-gaap_ForeignCurrencyTransactionGainLossBeforeTax 1,168us-gaap_ForeignCurrencyTransactionGainLossBeforeTax 3,128us-gaap_ForeignCurrencyTransactionGainLossBeforeTax
Interest and dividend income (3,888)us-gaap_InvestmentIncomeInterestAndDividend (4,440)us-gaap_InvestmentIncomeInterestAndDividend (1,133)us-gaap_InvestmentIncomeInterestAndDividend
Other expenses (income) (3,312)us-gaap_NonoperatingIncomeExpense (1,892)us-gaap_NonoperatingIncomeExpense 3,649us-gaap_NonoperatingIncomeExpense
Income before income taxes 56,715us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 80,646us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 274,765us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income taxes 19,370us-gaap_IncomeTaxExpenseBenefit 29,680us-gaap_IncomeTaxExpenseBenefit 97,875us-gaap_IncomeTaxExpenseBenefit
Net income 37,345us-gaap_ProfitLoss 50,966us-gaap_ProfitLoss 176,890us-gaap_ProfitLoss
Less: Net income attributable to the noncontrolling interest 7,909us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 11,755us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 45,754us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net income attributable to Inter Parfums, Inc. $ 29,436us-gaap_NetIncomeLoss $ 39,211us-gaap_NetIncomeLoss $ 131,136us-gaap_NetIncomeLoss
Net income attributable to Inter Parfums, Inc. common shareholders:      
Basic $ 0.95us-gaap_EarningsPerShareBasic $ 1.27us-gaap_EarningsPerShareBasic $ 4.29us-gaap_EarningsPerShareBasic
Diluted $ 0.95us-gaap_EarningsPerShareDiluted $ 1.27us-gaap_EarningsPerShareDiluted $ 4.26us-gaap_EarningsPerShareDiluted
Weighted average number of shares outstanding:      
Basic 30,931,308us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 30,763,955us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 30,574,772us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted 31,060,326us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 30,953,882us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 30,715,684us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
Dividends declared per share $ 0.48us-gaap_CommonStockDividendsPerShareDeclared $ 0.96us-gaap_CommonStockDividendsPerShareDeclared $ 0.32us-gaap_CommonStockDividendsPerShareDeclared