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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Net sales $ 117,157 $ 102,021 $ 228,679 $ 211,270
Cost of sales 42,729 41,696 82,933 83,335
Gross margin 74,428 60,325 145,746 127,935
Selling, general and administrative expenses 62,969 52,083 116,757 98,627
Income from operations 11,459 8,242 28,989 29,308
Other expenses (income):        
Interest expense 693 613 1,666 771
(Gain) loss on foreign currency (661) 80 53 2,086
Interest income (602) (776) (1,956) (1,972)
Other expenses (income) (570) (83) (237) 885
Income before income taxes 12,029 8,325 29,226 28,423
Income taxes 4,300 2,805 12,049 9,598
Net income 7,729 5,520 17,177 18,825
Less: Net income attributable to the noncontrolling interest 1,898 1,169 4,012 4,467
Net income attributable to Inter Parfums, Inc. $ 5,831 $ 4,351 $ 13,165 $ 14,358
Net income attributable to Inter Parfums, Inc. common shareholders:        
Basic $ 0.19 $ 0.14 $ 0.42 $ 0.46
Diluted $ 0.19 $ 0.14 $ 0.42 $ 0.46
Weighted average number of shares outstanding:        
Basic 31,055 30,988 31,047 30,984
Diluted 31,138 31,107 31,121 31,089
Dividends declared per share $ 0.15 $ 0.13 $ 0.3 $ 0.26