XML 51 R4.htm IDEA: XBRL DOCUMENT v3.19.3
Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Income Statement [Abstract]        
Net sales $ 191,227 $ 177,213 $ 535,712 $ 498,347
Cost of sales 76,790 68,066 204,459 187,917
Gross margin 114,437 109,147 331,253 310,430
Selling, general and administrative expenses 77,793 74,169 238,860 226,286
Income from operations 36,644 34,978 92,393 84,144
Other expenses (income):        
Interest expense 384 523 1,214 1,553
(Gain) loss on foreign currency 121 1,109 818 (185)
Interest income (562) (847) (2,886) (3,321)
Other expenses (income) (57) 785 (854) (1,953)
Income before income taxes 36,701 34,193 93,247 86,097
Income taxes 10,043 9,767 26,012 25,550
Net income 26,658 24,426 67,235 60,547
Less:  Net income attributable to the noncontrolling interest 5,810 5,488 15,176 14,801
Net income attributable to Inter Parfums, Inc. $ 20,848 $ 18,938 $ 52,059 $ 45,746
Net income attributable to Inter Parfums, Inc. common shareholders:        
Basic $ 0.66 $ 0.60 $ 1.66 $ 1.46
Diluted $ 0.66 $ 0.60 $ 1.64 $ 1.45
Weighted average number of shares outstanding:        
Basic 31,452 31,326 31,444 31,297
Diluted 31,676 31,587 31,681 31,502
Dividends declared per share $ 0.28 $ 0.21 $ 0.83 $ 0.63