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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Net sales $ 521,072 $ 468,540 $ 499,261
Cost of sales 194,601 179,069 212,224
Gross margin 326,471 289,471 287,037
Selling, general, and administrative expenses 258,787 228,268 233,634
Gain on buyout of license (4,652) 0 0
Impairment loss 5,658 0 0
Income from operations 66,678 61,203 53,403
Other expenses (income):      
Interest expense 2,340 2,826 1,478
(Gain) loss on foreign currency 595 876 (902)
Interest and dividend income (3,331) (2,995) (3,888)
Other expenses (income) (396) 707 (3,312)
Income before income taxes 67,074 60,496 56,715
Income taxes 23,826 21,527 19,370
Net income 43,248 38,969 37,345
Less: Net income attributable to the noncontrolling interest 9,917 8,532 7,909
Net income attributable to Inter Parfums, Inc. $ 33,331 $ 30,437 $ 29,436
Net income attributable to Inter Parfums, Inc. common shareholders:      
Basic $ 1.07 $ 0.98 $ 0.95
Diluted $ 1.07 $ 0.98 $ 0.95
Weighted average number of shares outstanding:      
Basic 31,072,328 30,996,137 30,931,308
Diluted 31,175,598 31,100,215 31,060,326
Dividends declared per share $ 0.62 $ 0.52 $ 0.48