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Segments and Geographic Areas (Tables) | 12 Months Ended
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Dec. 31, 2021
Segment Reporting [Abstract] |
Information on the Company’s operations by segments is as follows: | Information on the Company’s operations by segments is as follows:
|  | Year ended December 31, |
|  | 2021 |  |  | 2020 |  |  | 2019 |
Net sales: |  |  |  |  |  |  |  |  |  |  |  |
United States |  | $ | 216,559 |  |  | $ | 117,489 |  |  | $ | 173,522 |
Europe |  |  | 663,290 |  |  |  | 422,947 |  |  |  | 542,226 |
Eliminations of intercompany sales |  |  | (333 | ) |  |  | (1,427 | ) |  |  | (2,234 | )
|  | $ | 879,516 |  |  | $ | 539,009 |  |  | $ | 713,514 |
Net income attributable to Inter Parfums, Inc.: |  |  |  |  |  |  |  |  |  |  |  |
United States |  | $ | 29,359 |  |  | $ | 7,942 |  |  | $ | 19,365 |
Europe |  |  | 57,869 |  |  |  | 30,241 |  |  |  | 40,840 |
Eliminations |  |  | 183 |  |  |  | 36 |  |  |  | 44 |
|  | $ | 87,411 |  |  | $ | 38,219 |  |  | $ | 60,249 |
Depreciation and amortization expense including impairment loss: |  |  |  |  |  |  |  |  |  |  |  |
United States |  | $ | 3,835 |  |  | $ | 3,354 |  |  | $ | 3,088 |
Europe |  |  | 8,863 |  |  |  | 5,713 |  |  |  | 5,641 |
|  | $ | 12,698 |  |  | $ | 9,067 |  |  | $ | 8,729 |
Interest and investment income: |  |  |  |  |  |  |  |  |  |  |  |
United States |  | $ | 3 |  |  | $ | 24 |  |  | $ | 345 |
Europe |  |  | 3,526 |  |  |  | 2,971 |  |  |  | 3,501 |
Eliminations |  |  | (126 | ) |  |  | (130 | ) |  |  | (153 | )
|  | $ | 3,403 |  |  | $ | 2,865 |  |  | $ | 3,693 |
Interest expense: |  |  |  |  |  |  |  |  |  |  |  |
United States |  | $ | 636 |  |  | $ | 604 |  |  | $ | 673 |
Europe |  |  | 2,315 |  |  |  | 1,496 |  |  |  | 1,626 |
Eliminations |  |  | (126 | ) |  |  | (130 | ) |  |  | (153 | )
|  | $ | 2,825 |  |  | $ | 1,970 |  |  | $ | 2,146 |
Income tax expense: |  |  |  |  |  |  |  |  |  |  |  |
United States |  | $ | 5,336 |  |  | $ | 1,590 |  |  | $ | 3,945 |
Europe |  |  | 35,607 |  |  |  | 17,782 |  |  |  | 25,101 |
Eliminations |  |  | 49 |  |  |  | 9 |  |  |  | 30 |
|  | $ | 40,992 |  |  | $ | 19,381 |  |  | $ | 29,076 |
|  | December 31, |
|  | 2021 |  |  | 2020 |  |  | 2019 |
Total assets: |  |  |  |  |  |  |  |  |  |  |  |
United States |  | $ | 247,703 |  |  | $ | 141,316 |  |  | $ | 166,180 |
Europe |  |  | 931,735 |  |  |  | 758,812 |  |  |  | 670,657 |
Eliminations |  |  | (34,074 | ) |  |  | (9,983 | ) |  |  | (8,005 | )
|  | $ | 1,145,364 |  |  | $ | 890,145 |  |  | $ | 828,832 |
Additions to long-lived assets: |  |  |  |  |  |  |  |  |  |  |  |
United States |  | $ | 2,711 |  |  | $ | 1,004 |  |  | $ | 5,851 |
Europe |  |  | 138,563 |  |  |  | 11,259 |  |  |  | 5,643 |
|  | $ | 141,274 |  |  | $ | 12,263 |  |  | $ | 11,494 |
Total long-lived assets: |  |  |  |  |  |  |  |  |  |  |  |
United States |  | $ | 63,094 |  |  | $ | 40,656 |  |  | $ | 44,473 |
Europe |  |  | 334,033 |  |  |  | 217,766 |  |  |  | 196,976 |
|  | $ | 397,127 |  |  | $ | 258,422 |  |  | $ | 241,449 |
Deferred tax assets: |  |  |  |  |  |  |  |  |  |  |  |
United States |  | $ | 870 |  |  | $ | 886 |  |  | $ | 705 |
Europe |  |  | 7,066 |  |  |  | 7,106 |  |  |  | 7,241 |
Eliminations |  |  | — |  |  |  | 49 |  |  |  | 58 |
|  | $ | 7,936 |  |  | $ | 8,041 |  |  | $ | 8,004 |
Consolidated net sales to customers by region are as follows: | United States export sales were approximately $126.2 million, $71.5 million and $112.0 million in 2021, 2020 and 2019, respectively. Consolidated net sales to customers by region are as follows:
|  | Year ended December 31, |
|  | 2021 |  |  | 2020 |  |  | 2019 |
North America |  | $ | 354,100 |  |  | $ | 193,500 |  |  | $ | 235,500 |
Europe |  |  | 271,600 |  |  |  | 180,200 |  |  |  | 240,800 |
Asia |  |  | 128,000 |  |  |  | 79,700 |  |  |  | 110,900 |
Middle East |  |  | 61,000 |  |  |  | 46,800 |  |  |  | 72,600 |
Central and South America |  |  | 56,400 |  |  |  | 32,500 |  |  |  | 46,200 |
Other |  |  | 8,400 |  |  |  | 6,300 |  |  |  | 7,500 |
|  | $ | 879,500 |  |  | $ | 539,000 |  |  | $ | 713,500 |
Consolidated net sales to customers in major countries are as follows: | Consolidated net sales to customers in major countries are as follows:
|  | Year Ended December 31, |
|  | 2021 |  |  | 2020 |  |  | 2019 |
United States |  | $ | 351,300 |  |  | $ | 187,300 |  |  | $ | 225,300 |
France |  | $ | 44,000 |  |  | $ | 37,600 |  |  | $ | 43,500 |
Russia |  | $ | 43,400 |  |  | $ | 14,100 |  |  | $ | 36,800 |
United Kingdom |  | $ | 38,500 |  |  | $ | 24,600 |  |  | $ | 35,800 |

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- Definition Tabular disclosure of the extent of the entity's reliance on its major customers, if revenues from transactions with a single external customer amount to 10 percent or more of entity revenues, including the disclosure of that fact, the total amount of revenues from each such customer, and the identity of the reportable segment or segments reporting the revenues. The entity need not disclose the identity of a major customer or the amount of revenues that each segment reports from that customer. For these purposes, a group of companies known to the entity to be under common control is considered a single customer, and the federal government, a state government, a local government such as a county or municipality, or a foreign government is each considered a single customer. + References No definition available. + Details
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- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9038-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI http://asc.fasb.org/extlink&oid=123367319&loc=SL114868664-224227 + Details
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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599 + Details
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