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Segment and Geographic Areas:
 6 Months Ended
Jun. 30, 2024
Segment Reporting [Abstract]  
Segment and Geographic Areas:
10. Segment and Geographic Areas:

 

The Company manufactures and distributes one product line, fragrances and fragrance related products. The Company manages its business in two segments, European based operations and United States based operations. The European assets are located, and operations are primarily conducted, in France. Both European based operations and United States based operations primarily represent the sale of prestige brand name fragrances.


Information on our operations by segments is as follows:

 

(In thousands)   Three Months Ended  
Six Months Ended


June 30,

June 30,
    2024     2023  
2024

2023
Net sales:                







United States   $ 120,190     $ 111,436  
$ 215,958

$ 192,890
Europe     226,016       197,808  

456,974


428,077
Eliminations of intercompany sales     (3,977 )     —  

(6,740 )

—
                 







    $ 342,229     $ 309,244  
$ 666,192

$ 620,967
                 







Net income attributable to Inter Parfums, Inc.:                







United States   $ 15,225     $ 15,567  
$ 24,752

$ 25,910
Europe     23,412       19,385  

56,097


63,110
Eliminations     (1,814 )     —  

(2,978 )

—
    $ 36,823     $ 34,952  
$ 77,871

$ 89,020

 

Eliminations of intercompany sales relate to European based operations products sold to United States based operations. 


    June 30,     December 31,  
    2024     2023  
Total Assets:                
United States   $ 360,665     $ 344,341  
Europe     1,018,978       1,066,684  
Eliminations     (15,651 )     (41,696 )

 

   $ 1,363,992     $ 1,369,329