XML 15 R4.htm IDEA: XBRL DOCUMENT v3.19.2
CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Income Statement [Abstract]        
Net sales $ 166,242 $ 149,367 $ 344,484 $ 321,133
Cost of sales 59,268 53,713 127,669 119,851
Gross margin 106,974 95,654 216,815 201,282
Selling, general and administrative expenses 84,514 76,885 161,067 152,117
Income from operations 22,460 18,769 55,748 49,165
Other expenses (income):        
Interest expense 203 568 830 1,030
(Gain) loss on foreign currency 546 (1,500) 697 (1,295)
Interest income (419) (729) (2,325) (2,474)
Other expenses (income) 330 (1,661) (798) (2,739)
Income before income taxes 22,130 20,430 56,546 51,904
Income taxes 6,530 6,171 15,969 15,783
Net income 15,600 14,259 40,577 36,121
Less: Net income attributable to the noncontrolling interest 3,282 3,360 9,366 9,313
Net income attributable to Inter Parfums, Inc. $ 12,318 $ 10,899 $ 31,211 $ 26,808
Net income attributable to Inter Parfums, Inc. common shareholders:        
Basic $ 0.39 $ 0.35 $ 0.99 $ 0.86
Diluted $ 0.39 $ 0.35 $ 0.99 $ 0.85
Weighted average number of shares outstanding:        
Basic 31,449 31,299 31,440 31,283
Diluted 31,687 31,490 31,683 31,459
Dividends declared per share $ 0.28 $ 0.21 $ 0.55 $ 0.42