<SEC-DOCUMENT>0001753926-24-001358.txt : 20240806
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<ACCEPTANCE-DATETIME>20240806164605
ACCESSION NUMBER:		0001753926-24-001358
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		17
CONFORMED PERIOD OF REPORT:	20240806
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Regulation FD Disclosure
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20240806
DATE AS OF CHANGE:		20240806

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			INTER PARFUMS INC
		CENTRAL INDEX KEY:			0000822663
		STANDARD INDUSTRIAL CLASSIFICATION:	PERFUMES, COSMETICS & OTHER TOILET PREPARATIONS [2844]
		ORGANIZATION NAME:           	08 Industrial Applications and Services
		IRS NUMBER:				133275609
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-16469
		FILM NUMBER:		241180091

	BUSINESS ADDRESS:	
		STREET 1:		551 FIFTH AVE
		STREET 2:		STE 1500
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10176
		BUSINESS PHONE:		2129832640

	MAIL ADDRESS:	
		STREET 1:		551 FIFTH AVENUE
		STREET 2:		STE 1500
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10176

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	JEAN PHILIPPE FRAGRANCES INC
		DATE OF NAME CHANGE:	19920703
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<p style="margin: 0pt; text-align: center; line-height: 1.2;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">UNITED STATES</span></p>
<p style="margin: 0pt; text-align: center; line-height: 1.2;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">SECURITIES AND EXCHANGE COMMISSION</span></p>
<p style="margin: 0pt; text-align: center; line-height: 1.2;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">Washington, D.C. 20549</span></p>
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<p style="margin: 0pt; text-align: center; line-height: 1.2;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">&#160;<span style="font-weight: bold; line-height: inherit;">CURRENT REPORT</span></span></p>
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<p style="margin: 0pt; text-align: center; line-height: 1.2;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</span></p>
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<p style="margin: 0pt; text-align: center; line-height: 1.2;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">&#160;</span></p>
<p style="margin: 0pt; text-align: center; line-height: 1.2;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">(Former name or former address, if changed since last report)</span></p>
<p style="margin: 0pt; text-align: center; line-height: 1.2;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions (see General Instruction A.2 below):</span></p>
<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">&#160;</span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</span></p> </td> </tr> </tbody> </table>
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Soliciting Material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</span></p> </td> </tr> </tbody> </table>
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</span></p> </td> </tr> </tbody> </table>
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</span></p> </td> </tr> </tbody> </table>
<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Securities registered pursuant to Section 12(b) of the Act:</span></p>
<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">&#160;</span></p>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;<span style="font-weight: bold;">Title of each class</span></span></p> </td>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p> </td>
<td style="vertical-align: bottom; width: 33%; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p> </td>
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<p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Name of each exchange </span><br/><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">on which registered</span></p> </td> </tr>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p> </td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p> </td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p> </td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p> </td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p> </td> </tr>
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p> </td>
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<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (&#167;240.12b-2 of this chapter).</span></p>
<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">&#160;</span></p>
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<p style="margin: 0pt; line-height: 1.2;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. &#9744;</span></p>
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<p style="font-size: 11pt; line-height: 1.2; margin: 0pt 0pt 10pt;"><br/><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; text-decoration: underline; line-height: inherit;">Item 2.02 Results of Operations and Financial Condition</span></p>
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Certain portions of our press release dated August 6, 2024, a copy of which is annexed hereto as Exhibit no. 99.1, are incorporated by reference herein and are filed pursuant to this Item 2.02. They are as follows:</span></p>
<ul>
<li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The&#160;1<span style="font-size: 8pt;"><sup>st</sup></span>&#160;paragraph, 2<span style="font-size: 8pt;"><sup>nd</sup></span>&#160;paragraph (consisting of a table), 3<span style="font-size: 8pt;"><sup>rd</sup></span>, through 5<span style="font-size: 8pt;"><sup>th</sup></span>, 11<span style="font-size: 8pt;"><sup>th</sup></span>&#160;through 13<span style="font-size: 8pt;"><sup>th</sup></span>&#160;and 15<span style="font-size: 8pt;"><sup>th</sup></span>&#160;through 16<span style="font-size: 8pt;"><sup>th</sup></span>&#160;full paragraphs relating to results of operations for the second quarter of 2024</span></li>
<li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Portions of the 9<span style="font-size: 8pt;"><sup>th</sup></span>&#160;and 14<span style="font-size: 8pt;"><sup>th</sup></span>&#160;paragraphs relating to the results of operations for the second quarter of 2024</span></li>
<li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The 8<span style="font-size: 8pt;"><sup>th</sup></span>&#160;paragraph relating to the previously announced Van Cleef &amp; Arpels license extension </span></li>
<li style="font-family: Symbol; font-size: 11pt; line-height: 115%; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The 17<span style="font-size: 8pt;"><sup>th</sup></span>&#160;paragraph relating to balance sheet items</span></li>
<li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The 20<span style="font-size: 8pt;"><sup>th</sup></span>&#160;through 23<span style="font-size: 8pt;"><sup>rd</sup></span>&#160;paragraphs relating to the previously announced 2024 second quarter conference call scheduled for August 7, 2024</span></li>
<li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The consolidated statements of income and consolidated balance sheets</span></li> </ul>
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; text-decoration: underline;">Item 7.01 Regulation FD Disclosure</span></p>
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify; text-indent: 36pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Certain portions of our press release dated August 6, 2024, a copy of which is annexed hereto as Exhibit no. 99.1, are incorporated by reference herein and are filed pursuant to this Item 7.01 and Regulation FD. They are as follows:</span></p>
<ul>
<li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The 6<span style="font-size: 8pt;"><sup>th</sup></span>&#160;and 7<span style="font-size: 8pt;"><sup>th</sup></span>&#160;paragraphs relating to product line extensions and new product launches for the second half of 2024</span></li>
<li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Portion of the 9<span style="font-size: 8pt;"><sup>th</sup></span>&#160;paragraph relating to operations momentum for the remainder of the year</span></li>
<li style="font-family: Symbol; font-size: 11pt; line-height: 115%; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The 10<span style="font-size: 8pt;"><sup>th</sup></span>&#160;paragraph relating to new product launches anticipated for 2025</span></li>
<li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Portion of the 14<span style="font-size: 8pt;"><sup>th</sup></span> paragraph relating to budgeting of promotional and advertising expenditures for the remainder of the year</span></li>
<li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The 18<span style="font-size: 8pt;"><sup>th</sup></span>&#160;paragraph relating to reaffirming 2024 guidance </span></li>
<li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The 26<span style="font-size: 8pt;"><sup>th</sup></span>&#160;paragraph relating to forward looking information</span></li>
<li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The balance of such press release not otherwise incorporated by reference in Items 2.02 or 8.01</span></li> </ul>
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold; text-decoration: underline;">Item </span><span style="font-weight: bold; text-decoration: underline;">8.01 Other Events</span></span></p>
<ul>
<li style="font-family: Symbol; font-size: 11pt; margin: 0pt 0pt 0pt 28.06pt; padding-left: 7.94pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The 19<span style="font-size: 8pt;"><sup>th</sup></span>&#160;paragraph relating to dividends</span></li> </ul>
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold; text-decoration: underline;">Item 9.01 Financial Statements and Exhibits</span>.</span></p>
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
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<p style="margin: 0pt;"><a href="ex991_1.htm" class="LinkedExhibit" style="-sec-extract:exhibit"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span>99.1</span></span></a></p> </td>
<td style="background-color: rgb(204, 238, 255); vertical-align: top; width: 94.6103%;">
<p style="margin: 0pt;"><a href="ex991_1.htm" class="LinkedExhibit" style="-sec-extract:exhibit"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span>Our press release dated</span> <span>August 6</span><span>, 202</span><span>4</span></span></a></p> </td>
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<p style="font-size: 11pt; line-height: 115%; margin: 0pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;&#160;</span></p>
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<p style="font-size: 11pt; line-height: 115%; margin: 0pt 0pt 10pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;&#160;</span></p>
<p style="font-size: 11pt; line-height: 115%; margin: 0pt 0pt 10pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">SIGNATURES</span></p>
<p style="margin: 0pt; text-align: justify; text-indent: 36pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused and authorized this report to be signed on its behalf by the undersigned.</span></p>
<p style="margin: 0pt; text-align: justify; text-indent: 36pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Dated: August 6, 2024</span></p>
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<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;&#160;</span></p> </td>
<td colspan="2" style="vertical-align: top;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Inter Parfums, Inc.</span></p> </td> </tr>
<tr>
<td style="vertical-align: top;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p> </td>
<td colspan="2" style="vertical-align: top;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p> </td> </tr>
<tr>
<td style="vertical-align: top; width: 60.3%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p> </td>
<td style="vertical-align: top; width: 6.4%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">By:&#160;&#160;/s/&#160; </span></p> </td>
<td style="vertical-align: top; width: 33.3%; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Michel Atwood</span></p> </td> </tr>
<tr>
<td style="vertical-align: top;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p> </td>
<td style="vertical-align: top; width: 6.4%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p> </td>
<td style="vertical-align: top; width: 33.3%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Michel Atwood</span></p> </td> </tr>
<tr>
<td style="vertical-align: top;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p> </td>
<td style="vertical-align: top; width: 6.4%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p> </td>
<td style="vertical-align: top; width: 33.3%;">
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Chief Financial Officer</span></p> </td> </tr> </tbody> </table>
<p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</span></p>
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    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_SolicitingMaterial" xlink:title="Presentation : dei_CoverAbstract to dei_SolicitingMaterial" use="optional" priority="9" order="15" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_PreCommencementTenderOffer" xlink:label="dei_PreCommencementTenderOffer" xlink:title="dei_PreCommencementTenderOffer" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_PreCommencementTenderOffer" xlink:title="Presentation : dei_CoverAbstract to dei_PreCommencementTenderOffer" use="optional" priority="9" order="16" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_PreCommencementIssuerTenderOffer" xlink:label="dei_PreCommencementIssuerTenderOffer" xlink:title="dei_PreCommencementIssuerTenderOffer" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_PreCommencementIssuerTenderOffer" xlink:title="Presentation : dei_CoverAbstract to dei_PreCommencementIssuerTenderOffer" use="optional" priority="9" order="17" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_Security12bTitle" xlink:label="dei_Security12bTitle" xlink:title="dei_Security12bTitle" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_Security12bTitle" xlink:title="Presentation : dei_CoverAbstract to dei_Security12bTitle" use="optional" priority="9" order="18" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_TradingSymbol" xlink:label="dei_TradingSymbol" xlink:title="dei_TradingSymbol" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_TradingSymbol" xlink:title="Presentation : dei_CoverAbstract to dei_TradingSymbol" use="optional" priority="9" order="19" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_SecurityExchangeName" xlink:label="dei_SecurityExchangeName" xlink:title="dei_SecurityExchangeName" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_SecurityExchangeName" xlink:title="Presentation : dei_CoverAbstract to dei_SecurityExchangeName" use="optional" priority="9" order="20" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityEmergingGrowthCompany" xlink:label="dei_EntityEmergingGrowthCompany" xlink:title="dei_EntityEmergingGrowthCompany" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityEmergingGrowthCompany" xlink:title="Presentation : dei_CoverAbstract to dei_EntityEmergingGrowthCompany" use="optional" priority="9" order="21" />
  </link:presentationLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.CAL
<SEQUENCE>4
<FILENAME>ipar-20240806_cal.xml
<DESCRIPTION>CALCULATION
<TEXT>
<XBRL>
<?xml version="1.0" encoding="us-ascii" standalone="yes"?>
<!--Created by Genesis Filings LLC, Powered by IRIS Carbon, Unique Code 66b288f7e1727616f8ccd35b, Generated At Tue, 06 Aug 2024 20:35:14 GMT-->
<link:linkbase xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:xsd="http://www.w3.org/2001/XMLSchema" xmlns:xl="http://www.xbrl.org/2003/XLink" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xbrli="http://www.xbrl.org/2003/instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
  <link:roleRef roleURI="http://www.interparfumsinc.com/role/Cover" xlink:type="simple" xlink:href="ipar-20240806.xsd#Cover" />
  <link:calculationLink xlink:type="extended" xlink:role="http://www.interparfumsinc.com/role/Cover" />
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.LAB
<SEQUENCE>5
<FILENAME>ipar-20240806_lab.xml
<DESCRIPTION>LABEL
<TEXT>
<XBRL>
<?xml version="1.0" encoding="us-ascii" standalone="yes"?>
<!--Created by Genesis Filings LLC, Powered by IRIS Carbon, Unique Code 66b288f7e1727616f8ccd35b, Generated At Tue, 06 Aug 2024 20:35:14 GMT-->
<link:linkbase xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xbrli="http://www.xbrl.org/2003/instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
  <link:labelLink xlink:type="extended" xlink:role="http://www.xbrl.org/2003/role/link">
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_CoverAbstract" xlink:label="CoverAbstract" xlink:title="CoverAbstract" />
    <link:label xlink:type="resource" xlink:label="label_CoverAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CoverAbstract" xml:lang="en-US" id="label_CoverAbstract">Cover [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CoverAbstract" xlink:to="label_CoverAbstract" xlink:title="Label : CoverAbstract to label_CoverAbstract" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_DocumentType" xlink:label="DocumentType" xlink:title="DocumentType" />
    <link:label xlink:type="resource" xlink:label="label_DocumentType" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DocumentType" xml:lang="en-US" id="label_DocumentType">Document Type</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DocumentType" xlink:to="label_DocumentType" xlink:title="Label : DocumentType to label_DocumentType" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_AmendmentFlag" xlink:label="AmendmentFlag" xlink:title="AmendmentFlag" />
    <link:label xlink:type="resource" xlink:label="label_AmendmentFlag" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AmendmentFlag" xml:lang="en-US" id="label_AmendmentFlag">Amendment Flag</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmendmentFlag" xlink:to="label_AmendmentFlag" xlink:title="Label : AmendmentFlag to label_AmendmentFlag" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_DocumentPeriodEndDate" xlink:label="DocumentPeriodEndDate" xlink:title="DocumentPeriodEndDate" />
    <link:label xlink:type="resource" xlink:label="label_DocumentPeriodEndDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DocumentPeriodEndDate" xml:lang="en-US" id="label_DocumentPeriodEndDate">Document Period End Date</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DocumentPeriodEndDate" xlink:to="label_DocumentPeriodEndDate" xlink:title="Label : DocumentPeriodEndDate to label_DocumentPeriodEndDate" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityFileNumber" xlink:label="EntityFileNumber" xlink:title="EntityFileNumber" />
    <link:label xlink:type="resource" xlink:label="label_EntityFileNumber" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EntityFileNumber" xml:lang="en-US" id="label_EntityFileNumber">Entity File Number</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityFileNumber" xlink:to="label_EntityFileNumber" xlink:title="Label : EntityFileNumber to label_EntityFileNumber" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityRegistrantName" xlink:label="EntityRegistrantName" xlink:title="EntityRegistrantName" />
    <link:label xlink:type="resource" xlink:label="label_EntityRegistrantName" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EntityRegistrantName" xml:lang="en-US" id="label_EntityRegistrantName">Entity Registrant Name</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityRegistrantName" xlink:to="label_EntityRegistrantName" xlink:title="Label : EntityRegistrantName to label_EntityRegistrantName" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityCentralIndexKey" xlink:label="EntityCentralIndexKey" xlink:title="EntityCentralIndexKey" />
    <link:label xlink:type="resource" xlink:label="label_EntityCentralIndexKey" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EntityCentralIndexKey" xml:lang="en-US" id="label_EntityCentralIndexKey">Entity Central Index Key</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityCentralIndexKey" xlink:to="label_EntityCentralIndexKey" xlink:title="Label : EntityCentralIndexKey to label_EntityCentralIndexKey" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityTaxIdentificationNumber" xlink:label="EntityTaxIdentificationNumber" xlink:title="EntityTaxIdentificationNumber" />
    <link:label xlink:type="resource" xlink:label="label_EntityTaxIdentificationNumber" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EntityTaxIdentificationNumber" xml:lang="en-US" id="label_EntityTaxIdentificationNumber">Entity Tax Identification Number</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityTaxIdentificationNumber" xlink:to="label_EntityTaxIdentificationNumber" xlink:title="Label : EntityTaxIdentificationNumber to label_EntityTaxIdentificationNumber" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityIncorporationStateCountryCode" xlink:label="EntityIncorporationStateCountryCode" xlink:title="EntityIncorporationStateCountryCode" />
    <link:label xlink:type="resource" xlink:label="label_EntityIncorporationStateCountryCode" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EntityIncorporationStateCountryCode" xml:lang="en-US" id="label_EntityIncorporationStateCountryCode">Entity Incorporation, State or Country Code</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityIncorporationStateCountryCode" xlink:to="label_EntityIncorporationStateCountryCode" xlink:title="Label : EntityIncorporationStateCountryCode to label_EntityIncorporationStateCountryCode" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressAddressLine1" xlink:label="EntityAddressAddressLine1" xlink:title="EntityAddressAddressLine1" />
    <link:label xlink:type="resource" xlink:label="label_EntityAddressAddressLine1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EntityAddressAddressLine1" xml:lang="en-US" id="label_EntityAddressAddressLine1">Entity Address, Address Line One</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityAddressAddressLine1" xlink:to="label_EntityAddressAddressLine1" xlink:title="Label : EntityAddressAddressLine1 to label_EntityAddressAddressLine1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressCityOrTown" xlink:label="EntityAddressCityOrTown" xlink:title="EntityAddressCityOrTown" />
    <link:label xlink:type="resource" xlink:label="label_EntityAddressCityOrTown" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EntityAddressCityOrTown" xml:lang="en-US" id="label_EntityAddressCityOrTown">Entity Address, City or Town</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityAddressCityOrTown" xlink:to="label_EntityAddressCityOrTown" xlink:title="Label : EntityAddressCityOrTown to label_EntityAddressCityOrTown" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressStateOrProvince" xlink:label="EntityAddressStateOrProvince" xlink:title="EntityAddressStateOrProvince" />
    <link:label xlink:type="resource" xlink:label="label_EntityAddressStateOrProvince" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EntityAddressStateOrProvince" xml:lang="en-US" id="label_EntityAddressStateOrProvince">Entity Address, State or Province</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityAddressStateOrProvince" xlink:to="label_EntityAddressStateOrProvince" xlink:title="Label : EntityAddressStateOrProvince to label_EntityAddressStateOrProvince" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressPostalZipCode" xlink:label="EntityAddressPostalZipCode" xlink:title="EntityAddressPostalZipCode" />
    <link:label xlink:type="resource" xlink:label="label_EntityAddressPostalZipCode" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EntityAddressPostalZipCode" xml:lang="en-US" id="label_EntityAddressPostalZipCode">Entity Address, Postal Zip Code</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityAddressPostalZipCode" xlink:to="label_EntityAddressPostalZipCode" xlink:title="Label : EntityAddressPostalZipCode to label_EntityAddressPostalZipCode" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_CityAreaCode" xlink:label="CityAreaCode" xlink:title="CityAreaCode" />
    <link:label xlink:type="resource" xlink:label="label_CityAreaCode" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CityAreaCode" xml:lang="en-US" id="label_CityAreaCode">City Area Code</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CityAreaCode" xlink:to="label_CityAreaCode" xlink:title="Label : CityAreaCode to label_CityAreaCode" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_LocalPhoneNumber" xlink:label="LocalPhoneNumber" xlink:title="LocalPhoneNumber" />
    <link:label xlink:type="resource" xlink:label="label_LocalPhoneNumber" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LocalPhoneNumber" xml:lang="en-US" id="label_LocalPhoneNumber">Local Phone Number</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LocalPhoneNumber" xlink:to="label_LocalPhoneNumber" xlink:title="Label : LocalPhoneNumber to label_LocalPhoneNumber" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_WrittenCommunications" xlink:label="WrittenCommunications" xlink:title="WrittenCommunications" />
    <link:label xlink:type="resource" xlink:label="label_WrittenCommunications" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_WrittenCommunications" xml:lang="en-US" id="label_WrittenCommunications">Written Communications</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WrittenCommunications" xlink:to="label_WrittenCommunications" xlink:title="Label : WrittenCommunications to label_WrittenCommunications" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_SolicitingMaterial" xlink:label="SolicitingMaterial" xlink:title="SolicitingMaterial" />
    <link:label xlink:type="resource" xlink:label="label_SolicitingMaterial" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SolicitingMaterial" xml:lang="en-US" id="label_SolicitingMaterial">Soliciting Material</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SolicitingMaterial" xlink:to="label_SolicitingMaterial" xlink:title="Label : SolicitingMaterial to label_SolicitingMaterial" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_PreCommencementTenderOffer" xlink:label="PreCommencementTenderOffer" xlink:title="PreCommencementTenderOffer" />
    <link:label xlink:type="resource" xlink:label="label_PreCommencementTenderOffer" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PreCommencementTenderOffer" xml:lang="en-US" id="label_PreCommencementTenderOffer">Pre-commencement Tender Offer</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PreCommencementTenderOffer" xlink:to="label_PreCommencementTenderOffer" xlink:title="Label : PreCommencementTenderOffer to label_PreCommencementTenderOffer" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_PreCommencementIssuerTenderOffer" xlink:label="PreCommencementIssuerTenderOffer" xlink:title="PreCommencementIssuerTenderOffer" />
    <link:label xlink:type="resource" xlink:label="label_PreCommencementIssuerTenderOffer" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PreCommencementIssuerTenderOffer" xml:lang="en-US" id="label_PreCommencementIssuerTenderOffer">Pre-commencement Issuer Tender Offer</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PreCommencementIssuerTenderOffer" xlink:to="label_PreCommencementIssuerTenderOffer" xlink:title="Label : PreCommencementIssuerTenderOffer to label_PreCommencementIssuerTenderOffer" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_Security12bTitle" xlink:label="Security12bTitle" xlink:title="Security12bTitle" />
    <link:label xlink:type="resource" xlink:label="label_Security12bTitle" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_Security12bTitle" xml:lang="en-US" id="label_Security12bTitle">Title of 12(b) Security</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Security12bTitle" xlink:to="label_Security12bTitle" xlink:title="Label : Security12bTitle to label_Security12bTitle" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_TradingSymbol" xlink:label="TradingSymbol" xlink:title="TradingSymbol" />
    <link:label xlink:type="resource" xlink:label="label_TradingSymbol" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TradingSymbol" xml:lang="en-US" id="label_TradingSymbol">Trading Symbol</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradingSymbol" xlink:to="label_TradingSymbol" xlink:title="Label : TradingSymbol to label_TradingSymbol" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_SecurityExchangeName" xlink:label="SecurityExchangeName" xlink:title="SecurityExchangeName" />
    <link:label xlink:type="resource" xlink:label="label_SecurityExchangeName" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SecurityExchangeName" xml:lang="en-US" id="label_SecurityExchangeName">Security Exchange Name</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SecurityExchangeName" xlink:to="label_SecurityExchangeName" xlink:title="Label : SecurityExchangeName to label_SecurityExchangeName" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityEmergingGrowthCompany" xlink:label="EntityEmergingGrowthCompany" xlink:title="EntityEmergingGrowthCompany" />
    <link:label xlink:type="resource" xlink:label="label_EntityEmergingGrowthCompany" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EntityEmergingGrowthCompany" xml:lang="en-US" id="label_EntityEmergingGrowthCompany">Entity Emerging Growth Company</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityEmergingGrowthCompany" xlink:to="label_EntityEmergingGrowthCompany" xlink:title="Label : EntityEmergingGrowthCompany to label_EntityEmergingGrowthCompany" />
  </link:labelLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.SCH
<SEQUENCE>6
<FILENAME>ipar-20240806.xsd
<DESCRIPTION>SCHEMA
<TEXT>
<XBRL>
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<!--Created by Genesis Filings LLC, Powered by IRIS Carbon, Unique Code 66b288f7e1727616f8ccd35b, Generated At Tue, 06 Aug 2024 20:35:14 GMT-->
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>7
<FILENAME>ex991_1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<html><body><div><div style="font-family: 'times new roman', times; font-size: 10pt;">
<p style="margin: 0pt;"><br></p>
<div style="margin: 0pt 0pt 0pt 9pt; border: 0.75pt solid #ffffff;">
<p style="margin: 0pt; text-align: right; text-indent: -9pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Exhibit 99.1</font></p>
<p style="margin: 0pt; text-align: center; text-indent: -9pt;"><img src="img6d7c723957254f78a2cc.jpg" alt="Graphics"></p>
<p style="margin: 0pt; text-align: center; text-indent: -9pt;"><font style="color: #ff0000; font-family: 'Arial Narrow'; font-size: 12pt; font-weight: bold;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: center; text-indent: -9pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; text-decoration: underline;">FOR IMMEDIATE RELEASE</font></p>
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>






</div>
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-weight: bold; text-decoration: underline;">INTER PARFUMS, INC. REPORTS </font><font style="font-weight: bold; text-decoration: underline;">RECORD </font><font style="font-weight: bold; text-decoration: underline;">2024</font> <font style="font-weight: bold; text-decoration: underline;">SECOND</font><font style="font-weight: bold; text-decoration: underline;"> QUARTER</font><font style="font-weight: bold; text-decoration: underline;"> RESULTS</font></font></p>
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-style: italic; font-weight: bold;">Double-</font><font style="font-style: italic; font-weight: bold;">D</font><font style="font-style: italic; font-weight: bold;">igit Sales Growth </font><font style="font-style: italic; font-weight: bold;">Leading to Margin Expansion; Positive Trajectory to Meet FY2024 Guidance</font></font></p>
<p style="margin: 0pt; text-align: justify;"><font style="color: #ff0000; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">New York, New York, August 6, 2024, Inter Parfums, Inc. (NASDAQ GS: IPAR) today reported results for the second quarter and six months ended June 30, 2024.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; height: 170px; width: 100%;" width="100%">

<tr style="height: 18px;">
<td rowspan="3" style="padding: 0px 7px; vertical-align: top; width: 32.7529%; height: 45px; margin: 0px; text-indent: 0px; border: 1pt solid #000000;">
<p style="margin: 0px; text-align: justify; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-weight: bold;">Financial</font><font style="font-weight: bold;"> Highlights: </font></font></p>
<p style="margin: 0px; text-align: justify; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-style: italic;">($ in millions</font><font style="font-style: italic;">, </font><font style="font-style: italic;">except</font><font style="font-style: italic;"> per share amounts</font><font style="font-style: italic;">)</font></font></p>






</td>
<td colspan="3" style="padding-left: 0px; padding-right: 0px; vertical-align: top; width: 33.2504%; height: 18px; margin: 0px; text-indent: 0px; border: 1pt solid #000000;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Three Months Ended</font></p>






</td>
<td colspan="3" style="vertical-align: top; width: 33.8308%; height: 18px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; border: 1pt solid #000000;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-weight: bold;">Six Months</font><font style="font-weight: bold;"> Ended</font></font></p>






</td>






</tr>
<tr style="height: 17px;">
<td style="padding: 0px 7px; vertical-align: middle; width: 33.2504%; margin: 0px; text-indent: 0px; text-align: center; height: 17px; border: 1pt solid #000000;" colspan="3"><font style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-weight: bold;">June<font>&nbsp;</font></font><font style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-weight: bold;">3</font><font style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-weight: bold;">0</font><font style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-weight: bold;">,</font></td>
<td style="vertical-align: middle; width: 33.8308%; padding: 0px 7px; margin: 0px; text-indent: 0px; height: 17px; text-align: center; border: 1pt solid #000000;" colspan="3"><font style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-weight: bold;">June<font>&nbsp;</font></font><font style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-weight: bold;">3</font><font style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-weight: bold;">0</font><font style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-weight: bold;">,</font></td>






</tr>
<tr style="height: 10px;">
<td style="padding: 0px 7px; vertical-align: middle; width: 10.6965%; height: 10px; margin: 0px; text-indent: 0px; text-align: right; border: 1pt solid #000000;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2024</font></p>






</td>
<td style="padding: 0px 7px; vertical-align: middle; width: 10.6965%; height: 10px; margin: 0px; text-indent: 0px; text-align: right; border: 1pt solid #000000;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2023</font></p>






</td>
<td style="padding: 0px 7px; vertical-align: middle; width: 11.8574%; height: 10px; margin: 0px; text-indent: 0px; text-align: right; border: 1pt solid #000000;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">% Change</font></p>






</td>
<td style="vertical-align: middle; width: 10.6965%; height: 10px; padding: 0px 7px; margin: 0px; text-indent: 0px; text-align: right; border: 1pt solid #000000;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2024</font></p>






</td>
<td style="vertical-align: middle; width: 10.6965%; height: 10px; padding: 0px 7px; margin: 0px; text-indent: 0px; text-align: right; border: 1pt solid #000000;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2023</font></p>






</td>
<td style="vertical-align: middle; width: 12.4378%; height: 10px; padding: 0px 7px; margin: 0px; text-indent: 0px; text-align: right; border: 1pt solid #000000;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">% Change</font></p>






</td>






</tr>
<tr style="height: 16px; background-color: #cceeff;">
<td style="padding: 0px 7px; vertical-align: middle; width: 32.7529%; height: 16px; margin: 0px; text-indent: 0px; background-color: #cceeff; border: 1pt solid #000000;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Net Sales</font></p>






</td>
<td style="padding: 0px 7px; vertical-align: middle; width: 10.6965%; height: 16px; margin: 0px; text-indent: 0px; text-align: right; background-color: #cceeff; border: 1pt solid #000000;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">$342</font></p>






</td>
<td style="padding: 0px 7px; vertical-align: middle; width: 10.6965%; height: 16px; margin: 0px; text-indent: 0px; text-align: right; background-color: #cceeff; border: 1pt solid #000000;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">$309</font></p>






</td>
<td style="padding: 0px 7px; vertical-align: middle; width: 11.8574%; height: 16px; margin: 0px; text-indent: 0px; text-align: right; background-color: #cceeff; border: 1pt solid #000000;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">11%</font></p>






</td>
<td style="vertical-align: middle; width: 10.6965%; height: 16px; padding: 0px 7px; margin: 0px; text-indent: 0px; text-align: right; background-color: #cceeff; border: 1pt solid #000000;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">$666</font></p>






</td>
<td style="vertical-align: middle; width: 10.6965%; height: 16px; padding: 0px 7px; margin: 0px; text-indent: 0px; text-align: right; background-color: #cceeff; border: 1pt solid #000000;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">$621</font></p>






</td>
<td style="vertical-align: middle; width: 12.4378%; height: 16px; padding: 0px 7px; margin: 0px; text-indent: 0px; text-align: right; background-color: #cceeff; border: 1pt solid #000000;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">7%</font></p>






</td>






</tr>
<tr style="height: 10px;">
<td style="padding: 0px 7px; vertical-align: middle; width: 32.7529%; height: 10px; margin: 0px; text-indent: 0px; border: 1pt solid #000000;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Gross Margin</font></p>






</td>
<td style="padding: 0px 7px; vertical-align: middle; width: 10.6965%; height: 10px; margin: 0px; text-indent: 0px; text-align: right; border: 1pt solid #000000;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">64.5%</font></p>






</td>
<td style="padding: 0px 7px; vertical-align: middle; width: 10.6965%; height: 10px; margin: 0px; text-indent: 0px; text-align: right; border: 1pt solid #000000;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">60.9%</font></p>






</td>
<td style="padding: 0px 7px; vertical-align: middle; width: 11.8574%; height: 10px; margin: 0px; text-indent: 0px; text-align: right; border: 1pt solid #000000;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">+360 bps</font></p>






</td>
<td style="vertical-align: middle; width: 10.6965%; height: 10px; padding: 0px 7px; margin: 0px; text-indent: 0px; text-align: right; border: 1pt solid #000000;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">63.5%</font></p>






</td>
<td style="vertical-align: middle; width: 10.6965%; height: 10px; padding: 0px 7px; margin: 0px; text-indent: 0px; text-align: right; border: 1pt solid #000000;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">63.0%</font></p>






</td>
<td style="vertical-align: middle; width: 12.4378%; height: 10px; padding: 0px 7px; margin: 0px; text-indent: 0px; text-align: right; border: 1pt solid #000000;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">+50 bps</font></p>






</td>






</tr>
<tr style="height: 15px; background-color: #cceeff;">
<td style="padding: 0px 7px; vertical-align: middle; width: 32.7529%; height: 15px; margin: 0px; text-indent: 0px; background-color: #cceeff; border: 1pt solid #000000;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Operating Income </font></p>






</td>
<td style="padding: 0px 7px; vertical-align: middle; width: 10.6965%; height: 15px; margin: 0px; text-indent: 0px; text-align: right; background-color: #cceeff; border: 1pt solid #000000;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">$65</font></p>






</td>
<td style="padding: 0px 7px; vertical-align: middle; width: 10.6965%; height: 15px; margin: 0px; text-indent: 0px; text-align: right; background-color: #cceeff; border: 1pt solid #000000;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">$55</font></p>






</td>
<td style="padding: 0px 7px; vertical-align: middle; width: 11.8574%; height: 15px; margin: 0px; text-indent: 0px; text-align: right; background-color: #cceeff; border: 1pt solid #000000;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">18%</font></p>






</td>
<td style="vertical-align: middle; width: 10.6965%; height: 15px; padding: 0px 7px; margin: 0px; text-indent: 0px; text-align: right; background-color: #cceeff; border: 1pt solid #000000;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">$133</font></p>






</td>
<td style="vertical-align: middle; width: 10.6965%; height: 15px; padding: 0px 7px; margin: 0px; text-indent: 0px; text-align: right; background-color: #cceeff; border: 1pt solid #000000;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">$145</font></p>






</td>
<td style="vertical-align: middle; width: 12.4378%; height: 15px; padding: 0px 7px; margin: 0px; text-indent: 0px; text-align: right; background-color: #cceeff; border: 1pt solid #000000;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">(9%)</font></p>






</td>






</tr>
<tr style="height: 10px;">
<td style="padding: 0px 7px; vertical-align: middle; width: 32.7529%; height: 10px; margin: 0px; text-indent: 0px; border: 1pt solid #000000;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Operating Margin</font></p>






</td>
<td style="padding: 0px 7px; vertical-align: middle; width: 10.6965%; height: 10px; margin: 0px; text-indent: 0px; text-align: right; border: 1pt solid #000000;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">18.9%</font></p>






</td>
<td style="padding: 0px 7px; vertical-align: middle; width: 10.6965%; height: 10px; margin: 0px; text-indent: 0px; text-align: right; border: 1pt solid #000000;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">17.8%</font></p>






</td>
<td style="padding: 0px 7px; vertical-align: middle; width: 11.8574%; height: 10px; margin: 0px; text-indent: 0px; text-align: right; border: 1pt solid #000000;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">+110 bps</font></p>






</td>
<td style="vertical-align: middle; width: 10.6965%; height: 10px; padding: 0px 7px; margin: 0px; text-indent: 0px; text-align: right; border: 1pt solid #000000;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">19.9%</font></p>






</td>
<td style="vertical-align: middle; width: 10.6965%; height: 10px; padding: 0px 7px; margin: 0px; text-indent: 0px; text-align: right; border: 1pt solid #000000;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">23.4%</font></p>






</td>
<td style="vertical-align: middle; width: 12.4378%; height: 10px; padding: 0px 7px; margin: 0px; text-indent: 0px; text-align: right; border: 1pt solid #000000;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">(350 bps)</font></p>






</td>






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<td style="padding: 0px 7px; vertical-align: middle; width: 32.7529%; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; border: 1pt solid #000000;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Net Income attributable to IP</font></p>






</td>
<td style="padding: 0px 7px; vertical-align: middle; width: 10.6965%; height: 10px; margin: 0px; text-indent: 0px; text-align: right; background-color: #cceeff; border: 1pt solid #000000;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">$37</font></p>






</td>
<td style="padding: 0px 7px; vertical-align: middle; width: 10.6965%; height: 10px; margin: 0px; text-indent: 0px; text-align: right; background-color: #cceeff; border: 1pt solid #000000;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">$35</font></p>






</td>
<td style="padding: 0px 7px; vertical-align: middle; width: 11.8574%; height: 10px; margin: 0px; text-indent: 0px; text-align: right; background-color: #cceeff; border: 1pt solid #000000;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">+5%</font></p>






</td>
<td style="vertical-align: middle; width: 10.6965%; height: 10px; padding: 0px 7px; margin: 0px; text-indent: 0px; text-align: right; background-color: #cceeff; border: 1pt solid #000000;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">$78</font></p>






</td>
<td style="vertical-align: middle; width: 10.6965%; height: 10px; padding: 0px 7px; margin: 0px; text-indent: 0px; text-align: right; background-color: #cceeff; border: 1pt solid #000000;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">$89</font></p>






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<td style="vertical-align: middle; width: 12.4378%; height: 10px; padding: 0px 7px; margin: 0px; text-indent: 0px; text-align: right; background-color: #cceeff; border: 1pt solid #000000;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">(13%)</font></p>






</td>






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<td style="padding: 0px 7px; vertical-align: middle; width: 32.7529%; height: 12px; margin: 0px; text-indent: 0px; border: 1pt solid #000000;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Diluted EPS </font></p>






</td>
<td style="padding: 0px 7px; vertical-align: middle; width: 10.6965%; height: 12px; margin: 0px; text-indent: 0px; text-align: right; border: 1pt solid #000000;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">$1.14</font></p>






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<td style="padding: 0px 7px; vertical-align: middle; width: 10.6965%; height: 12px; margin: 0px; text-indent: 0px; text-align: right; border: 1pt solid #000000;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">$1.09</font></p>






</td>
<td style="padding: 0px 7px; vertical-align: middle; width: 11.8574%; height: 12px; margin: 0px; text-indent: 0px; text-align: right; border: 1pt solid #000000;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">+5%</font></p>






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<td style="vertical-align: middle; width: 10.6965%; height: 12px; padding: 0px 7px; margin: 0px; text-indent: 0px; text-align: right; border: 1pt solid #000000;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">$2.41</font></p>






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<td style="vertical-align: middle; width: 10.6965%; height: 12px; padding: 0px 7px; margin: 0px; text-indent: 0px; text-align: right; border: 1pt solid #000000;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">$2.77</font></p>






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<td style="vertical-align: middle; width: 12.4378%; height: 12px; padding: 0px 7px; margin: 0px; text-indent: 0px; text-align: right; border: 1pt solid #000000;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">(13%)</font></p>






</td>






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<tr style="height: 52px;">
<td colspan="7" style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 99.8341%; height: 52px; border: 1pt solid #000000;">
<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"><font style="font-style: italic; line-height: inherit;">At comparable foreign currency exchange rates, net sales increased 11% from the second quarter of 2023.</font> <font style="font-style: italic; line-height: inherit;">The average dollar/euro exchange rate for the second quarter </font><font style="font-style: italic; line-height: inherit;">of 2024 </font><font style="font-style: italic; line-height: inherit;">was 1.08 compared to 1.09 in the second quarter</font><font style="font-style: italic; line-height: inherit;"> of 2023</font><font style="font-style: italic; line-height: inherit;">,</font> <font style="font-style: italic; line-height: inherit;">while for both the first half of 2024 and 2023, the average dollar/euro exchange rate was 1.08, leading to a negative 0.4% foreign</font> <font style="font-style: italic; line-height: inherit;">exchange impact for the second quarter and no impact for the first half.</font></font></p>






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<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"><font style="font-weight: bold; line-height: inherit;">Operational Commentary</font> </font></p>
<p style="margin: 0pt; line-height: 1.2; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Jean Madar, Chairman &amp; Chief Executive Officer of Inter Parfums noted, &#8220;The robust fragrance environment, the strength of our legacy brands, rapid ramp-up of our new brands, effectiveness of our advertising and promotional activity, and our global distribution footprint resulted in record sales through the first half of the year despite a high base in the prior period.</font></p>
<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">&#8220;Our three largest markets, North America, Western Europe, and Asia/Pacific grew sales by 5%, 11% and 6%, respectively. Central and South America&#8217;s sales growth was exceptional at 26%, thanks in great part to Lacoste fragrance sales, while our sales in the Middle East and Africa rose by 8%. Sales in Eastern Europe declined in the first half of 2024 due to sourcing constraints associated with the ongoing conflict, but we are now seeing signs of improved sourcing in the region as the current second quarter is generally in-line with the prior year period.&#8221;</font></p>
<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">He continued, &#8220;Our newest brands, Roberto Cavalli and Lacoste, are acclimating well under our expertise and continue to perform above our expectations with sustained sell-in, similar to the first quarter. </font></p>
<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> &#8220;As mentioned in our sales release last month, we have a series of fragrance variations coming in the balance of 2024 for United States based operations, including GUESS <font style="font-style: italic; line-height: inherit;">Elements</font> and <font style="font-style: italic; line-height: inherit;">Uomo Intenso</font>, <font style="font-style: italic; line-height: inherit;">DKNY</font> <font style="font-style: italic; line-height: inherit;">24/7</font>, and for Roberto Cavalli, a <font style="font-style: italic; line-height: inherit;">Just Cavalli</font> brand extension, plus <font style="font-style: italic; line-height: inherit;">Sweet Ferocious</font>, and the <font style="font-style: italic; line-height: inherit;">Wild Heart</font> duo for men and women. </font></p>
<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">&nbsp;</font></p>
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<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">&#8220;For European based operations, we are debuting a new addition to the Moncler <font style="font-style: italic; line-height: inherit;">Les Sommets</font> line called <font style="font-style: italic; line-height: inherit;">Ciel d&#8217;Hiver</font><font style="font-style: italic; line-height: inherit;">, </font>a Lanvin<font style="font-style: italic; line-height: inherit;"> Modern Princess </font>extension, plus the international launch of Lacoste <font style="font-style: italic; line-height: inherit;">Original</font> for men.</font></p>
<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">&#8220;As we announced last month, discussions have been underway since 2023 with a view to renewing the license agreement with Van Cleef &amp; Arpels. The new agreement will strengthen the selective distribution of Van Cleef &amp; Arpels fragrances worldwide. The license is to be renewed for an additional 9-year term, beginning January 1, 2025. We appreciate the continued partnership from the brand owner, Richemont, for entrusting us to continue to bring best-in-class Van Cleef &amp; Arpels fragrances to consumers.</font></p>
<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">&#8220;We are proud of our half-year performance, particularly with consideration of the outstanding results in the prior year period. Our strategic approach to balancing launches and our advertising and promotional investments are&nbsp;paying off, and we anticipate further momentum in the back half of the year.&#8221;</font></p>
<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><font style="color: #ff0000; font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">&#8220;Looking further ahead into 2025, we are well into planning new scents for our Coach brand fragrances, GUESS <font style="font-style: italic; line-height: inherit;">Iconic</font> for men, a new collection for MCM, new extensions of the legacy Lacoste scent, Montblanc <font style="font-style: italic; line-height: inherit;">Explorer</font>, Jimmy Choo <font style="font-style: italic; line-height: inherit;">Man</font> and <font style="font-style: italic; line-height: inherit;">I Want Choo</font> lines, among many others.&#8221;</font></p>
<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">Financial Commentary</font></p>
<p style="line-height: 1.2; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Michel Atwood, Chief Financial Officer of Inter Parfums pointed out, &#8220;Consolidated gross margin expanded 360 bps to 64.5% and 50 bps to 63.5% in the second quarter and first half of 2024, respectively. For European based operations, gross margin expanded by 570 bps in the second quarter, and 80bps in the first half of 2024 driven by favorable segment, geographic and channel mix, as well as the one-time charge related to inventory reserves made in 2023. Excluding the inventory reserve, gross margins expanded by 250 bps in the second quarter, partially offsetting the unfavorable channel/mix observed in the first quarter. </font></p>
<p style="line-height: 1.2; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">&nbsp;</font></p>
<p style="line-height: 1.2; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">&#8220;For United States based operations, gross margin declined modestly to 56.5% in the second quarter of 2024 as compared to 57.2% in the second quarter of 2023 due to a slightly unfavorable brand mix. However, year-to-date gross margin increased slightly to 57.5% in 2024 from 57.4% in the first half of 2023.&#8221;</font></p>
<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Mr. Atwood continued, &#8220;SG&amp;A expenses as a percentage of net sales were 45.6% and 43.6% for the second quarter and first half of 2024 as compared to 43.1% and 39.6% for the comparable periods in 2023. The increase was largely driven by higher levels of promotional and advertising expenditures in 2024, which represented 19.4% and 17.2% of net sales for the second quarter and first half of 2024, compared to 17.6% and 14.5% for the corresponding periods of the prior year. </font></p>
<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">&#8220;Once again, we are budgeting promotional and advertising expenditures to approximate 21% of net sales for the full year. Of note, in 2024, we began to amortize the cost of the Lacoste license which amounted to $3.2 million in SG&amp;A expense during the first half of the year. </font></p>
<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">&#8220;In summary, these impacts resulted in operating margins aggregating 18.9% and 19.9% for the current three and six months periods, respectively, as compared to 17.8% and 23.4% for the corresponding periods of 2023. </font></p>
<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">&#8220;Below the operating line, first half net income was depressed by $1.5 million in other expenses versus a $2.8 million gain in other income in the last year&#8217;s first half. The main driver of this swing stems from the one-time realized gain of $3.1 million recognized in 2023 related to the sale of marketable securities compared to a $0.6 million unrealized loss in 2024. Despite this impact, we achieved record second quarter net income attributable to Inter Parfums of $37 million or $1.14 per diluted share. </font></p>
<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">&#8220;Working capital increased as a result of our efforts in building inventory and growth of our accounts receivables, largely explained by the launch of our two new licenses and the expansion of our business. We maintain a healthy financial position with $77 million in cash, cash equivalents and short-term investments, and working capital of $525 million.&#8221;</font></p>
<p style="margin: 0pt; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">&nbsp;</font></p>
<p style="margin: 0pt; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"><font style="font-weight: bold; line-height: inherit;">Rea</font><font style="font-weight: bold; line-height: inherit;">ffirms</font> <font style="font-weight: bold; line-height: inherit;">2024</font><font style="font-weight: bold; line-height: inherit;"> Guidance</font></font></p>
<p style="margin: 0pt; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Mr. Atwood concluded, &#8220;While the global fragrance market remains vibrant with positive trends leading to strong demand for our products, sell-in continues to grow more slowly than sell-out, and we are seeing continued challenges in Eastern Europe. Given this dynamic backdrop and despite our record second quarter sales and strong earnings, we are maintaining our 2024 guidance of net sales of $1.45 billion, resulting in earnings per diluted share of $5.15.&#8221; </font></p>
<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">Dividend</font></p>
<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">The Company&#8217;s regular quarterly cash dividend of $0.75 per share will be paid on September 30, 2024 to shareholders of record on September 13, 2024.</font></p>
<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">&nbsp;</font></p>
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<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"><font style="font-weight: bold; line-height: inherit;">Conference Cal</font><font style="font-weight: bold; line-height: inherit;">l</font></font></p>
<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Management will host a conference call to discuss financial results and business operations beginning at 11:00 am ET on Wednesday, August 7, 2024.</font></p>
<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Interested parties may participate in the live call by dialing: </font></p>
<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 36pt; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">U.S. / Toll-free: (877) 423-9820</font></p>
<p style="margin: 0pt 0pt 0pt 36pt; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">International: (201) 493-6749</font></p>
<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Participants are asked to dial-in approximately 10 minutes before the conference call is scheduled to begin.</font></p>
<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">A live audio webcast will also be available in the &#8220;Events&#8221; tab within the Investor Relations section of the Company&#8217;s website at <font style="color: #0000ff; text-decoration: underline; line-height: inherit;">www.interparfumsinc.com</font><font style="color: #0000ff; text-decoration: underline; line-height: inherit;">,</font> or by clicking <font style="color: #0000ff; text-decoration: underline; line-height: inherit;">here</font>. The conference call will be available for webcast replay for approximately 90 days following the live event.</font></p>
<p style="margin: 0pt; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">&nbsp;</font></p>
<p style="margin: 0pt; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">About Inter Parfums, Inc.</font></p>
<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Operating in the global fragrance business since 1982, Inter Parfums, Inc. produces and distributes a wide array of prestige fragrance and fragrance-related products under license agreements with brand owners. The Company manages its business in two operating segments, European based operations, through its 72% owned subsidiary, Interparfums SA, and United States based operations, through wholly owned subsidiaries in the United States and Italy.</font></p>
<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">The portfolio of prestige brands includes Abercrombie &amp; Fitch, Anna Sui, Boucheron, Coach, Donna Karan/DKNY, Emanuel Ungaro, Ferragamo, Graff, GUESS, Hollister, Jimmy Choo, Karl Lagerfeld, Kate Spade, Lacoste, MCM, Moncler, Montblanc, Oscar de la Renta, Roberto Cavalli, and Van Cleef &amp; Arpels, whose products are distributed in over 120 countries around the world through an extensive and diverse network of distributors. Inter Parfums, Inc. is also the registered owner of several trademarks including Lanvin and Rochas. </font></p>
<p style="margin: 0pt; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">Forward-Looking Statements</font></p>
<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Statements in this release which are not historical in nature are forward-looking statements. Although we believe that our plans, intentions, and expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such plans, intentions, or expectations will be achieved. In some cases, you can identify forward-looking statements by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," "will," and "would," or similar words. You should not rely on forward-looking statements, because actual events or results may differ materially from those indicated by these forward-looking statements as a result of a number of important factors. These factors include, but are not limited to, the risks and uncertainties discussed under the headings &#8220;Forward Looking Statements&#8221; and "Risk Factors" in Inter Parfums' annual report on Form 10-K for the fiscal year ended December 31, 2023 and the reports Inter Parfums files from time to time with the Securities and Exchange Commission. Inter Parfums does not intend to and undertakes no duty to update the information contained in this press release.</font></p>
<p style="margin: 0pt; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: left;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><b style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"><font style="color: black;">Contact Information:</font></b></font></p>
<p style="margin: 0pt; text-align: left;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
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<td style="width: 33%; height: 12px; padding: 0px; margin: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black;">Inter Parfums, Inc.


</font></td>
<td style="width: 10%; height: 12px; padding: 0px; margin: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black;">















or


</font></td>
<td style="width: 57%; height: 12px; padding: 0px; margin: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black;">The Equity Group Inc.


</font></td>





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<tr style="height: 10px;">
<td style="height: 10px; padding: 0px; margin: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black;">Michel Atwood


</font></td>
<td style="height: 10px; padding: 0px; margin: 0px; text-indent: 0px;"><br></td>
<td style="height: 10px; padding: 0px; margin: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black;">Karin Daly


</font></td>





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<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black;">Chief Financial Officer


</font></td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px;"><br></td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black;">Investor Relations Counsel


</font></td>





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<tr style="height: 17px;">
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black;">(212) 983-2640


</font></td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px;"><br></td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(212) 836-9623 /&nbsp;</font><font style="font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; text-decoration: underline; color: #0000ff;">kdaly@equityny.com</font></font></td>





</tr>
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<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; text-decoration: underline; color: #0000ff;">www.interparfumsinc.com</font><font style="color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;</font></font></td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px;"><br></td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px;"><font style="color: #0000ff; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; text-decoration: underline; float: none; display: inline !important;">www.theequitygroup.com</font></td>





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<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;">See Accompanying Tables</font></p>
<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">&nbsp;</font></p>
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<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">INTER PARFUMS, INC. AND SUBSIDIARIES</font></p>
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">CONSOLIDATED BALANCE SHEETS</font></p>
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;(In thousands except share and per share data)</font></p>
<p style="margin: 0pt 0pt 10pt; text-align: center; text-indent: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;<font style="font-style: italic;">(Unaudited)</font></font></p>
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<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;<font style="font-style: italic; font-weight: bold;">ASSETS</font></font></p>






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<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






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<td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;">June 30, 2024</font></p>






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<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






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<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






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<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;">December 31, 2023</font></p>






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<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






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<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 70%;">
<p style="margin: 0pt 0pt 0pt 9pt; text-indent: -9pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Current assets:</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; width: 1%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>





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<tr style="height: 12.7pt;">
<td style="padding: 0px 0px 0px 12px; vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 9pt; text-indent: -9pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Cash and cash equivalents</font></p>






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<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






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<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">$</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">38,973</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






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<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">$</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">88,462</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>





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<p style="margin: 0pt 0pt 0pt 9pt; text-indent: -9pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Short-term investments</font></p>






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<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">37,735</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">94,304</font></p>






</td>
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<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






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<p style="margin: 0pt 0pt 0pt 9pt; text-indent: -9pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Accounts receivable, net</font></p>






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<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






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<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






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<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">299,375</font></p>






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<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






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<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






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<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






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<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">247,240</font></p>






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<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






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<p style="margin: 0pt 0pt 0pt 9pt; text-indent: -9pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Inventories</font></p>






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<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">433,716</font></p>






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<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">371,859</font></p>






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<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>





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<p style="margin: 0pt 0pt 0pt 9pt; text-indent: -9pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Receivables, other</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">5,050</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">7,012</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>





</tr>
<tr style="height: 12.7pt; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 12px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 9pt; text-indent: -9pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Other current assets</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">23,620</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">29,458</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>





</tr>
<tr style="height: 12.7pt;">
<td style="padding: 0px 0px 0px 12px; vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 9pt; text-indent: -9pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Income taxes receivable</font></p>






</td>
<td style="padding-bottom: 1.25pt; vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">18,919</font></p>






</td>
<td style="padding-bottom: 1.25pt; vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding-bottom: 1.25pt; vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">691</font></p>






</td>
<td style="padding-bottom: 1.25pt; vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>





</tr>
<tr style="height: 12.7pt; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 34px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 9pt; text-indent: -9pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Total current assets</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">857,388</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">839,026</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>





</tr>
<tr style="height: 12.7pt;">
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 9pt; text-indent: -9pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Property, equipment and leasehold improvements, net</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">161,064</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">169,222</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>





</tr>
<tr style="height: 12.7pt; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 9pt; text-indent: -9pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Right-of-use assets, net</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">25,858</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">28,613</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>





</tr>
<tr style="height: 12.7pt;">
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 9pt; text-indent: -9pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Trademarks, licenses and other intangible assets, net</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">282,379</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">296,356</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>





</tr>
<tr style="height: 12.7pt; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 9pt; text-indent: -9pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Deferred tax assets</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">16,849</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">14,545</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>





</tr>
<tr style="height: 12.7pt;">
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 9pt; text-indent: -9pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Other assets</font></p>






</td>
<td style="padding-bottom: 1.25pt; vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">20,454</font></p>






</td>
<td style="padding-bottom: 1.25pt; vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding-bottom: 1.25pt; vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">21,567</font></p>






</td>
<td style="padding-bottom: 1.25pt; vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>





</tr>
<tr style="height: 7.9pt; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 44px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 9pt; text-indent: -9pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Total assets</font></p>






</td>
<td style="padding-bottom: 2.75pt; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">$</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">1,363,992</font></p>






</td>
<td style="padding-bottom: 2.75pt; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding-bottom: 2.75pt; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">$</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">1,369,329</font></p>






</td>
<td style="padding-bottom: 2.75pt; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>





</tr>
<tr style="height: 13.5pt;">
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 9pt; text-align: center; text-indent: -9pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>





</tr>
<tr style="height: 12.7pt; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 9pt; text-align: center; text-indent: -9pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">LIABILITIES AND EQUITY</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>





</tr>
<tr style="height: 12.7pt;">
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 9pt; text-indent: -9pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Current liabilities:</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>





</tr>
<tr style="height: 7.9pt; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 12px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 9pt; text-indent: -9pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Loans payable - banks</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">$</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">18,494</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">$</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">4,420</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>





</tr>
<tr style="height: 12.7pt;">
<td style="padding: 0px 0px 0px 12px; vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 9pt; text-indent: -9pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Current portion of long-term debt</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">28,743</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">29,587</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>





</tr>
<tr style="height: 12.7pt; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 12px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 9pt; text-indent: -9pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Current portion of lease liabilities</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">5,949</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">5,951</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>





</tr>
<tr style="height: 12.7pt;">
<td style="padding: 0px 0px 0px 12px; vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 9pt; text-indent: -9pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Accounts payable &#8211; trade</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">108,509</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">97,409</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>





</tr>
<tr style="height: 12.7pt; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 12px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 9pt; text-indent: -9pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Accrued expenses</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">145,129</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">178,880</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>





</tr>
<tr style="height: 7.9pt;">
<td style="padding: 0px 0px 0px 12px; vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 9pt; text-indent: -9pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Income taxes payable</font></p>






</td>
<td style="padding-bottom: 1.25pt; vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">25,612</font></p>






</td>
<td style="padding-bottom: 1.25pt; vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding-bottom: 1.25pt; vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">8,498</font></p>






</td>
<td style="padding-bottom: 1.25pt; vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>





</tr>
<tr style="height: 12.7pt; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 34px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 9pt; text-indent: -9pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Total current liabilities</font></p>






</td>
<td style="padding-bottom: 1.25pt; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">332,436</font></p>






</td>
<td style="padding-bottom: 1.25pt; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding-bottom: 1.25pt; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">324,745</font></p>






</td>
<td style="padding-bottom: 1.25pt; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>





</tr>
<tr style="height: 12.7pt;">
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 9pt; text-indent: -9pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Long&#8211;term debt, less current portion</font></p>






</td>
<td style="padding-bottom: 1.25pt; vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">108,482</font></p>






</td>
<td style="padding-bottom: 1.25pt; vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding-bottom: 1.25pt; vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">127,897</font></p>






</td>
<td style="padding-bottom: 1.25pt; vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>





</tr>
<tr style="height: 12.7pt; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 9pt; text-indent: -9pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-weight: bold;">Lease liabilities, l</font><font style="font-weight: bold;">ess current portion</font></font></p>






</td>
<td style="padding-bottom: 1.25pt; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">21,868</font></p>






</td>
<td style="padding-bottom: 1.25pt; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding-bottom: 1.25pt; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">24,517</font></p>






</td>
<td style="padding-bottom: 1.25pt; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>





</tr>
<tr style="height: 12.7pt;">
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 9pt; text-indent: -9pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>





</tr>
<tr style="height: 12.7pt; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 9pt; text-indent: -9pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Equity:</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>





</tr>
<tr style="height: 12.7pt;">
<td style="padding: 0px 0px 0px 12px; vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 9pt; text-indent: -9pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Inter Parfums, Inc. shareholders&#8217; equity:</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>





</tr>
<tr style="height: 12.7pt; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 24px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 9pt; text-indent: -9pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Preferred stock, $.001 par; authorized 1,000,000 shares; none issued</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&#8212;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&#8212;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>





</tr>
<tr style="height: 7.9pt;">
<td style="padding: 0px 0px 0px 24px; vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 9pt; text-indent: -9pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Common stock, $.001 par; authorized 100,000,000 shares; outstanding 32,024,280 and 32,004,660 shares at June 30, 2024 and December 31, 2023, respectively</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">32</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">32</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>





</tr>
<tr style="height: 12.7pt; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 24px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 9pt; text-indent: -9pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Additional paid-in capital</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">100,505</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">98,565</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>





</tr>
<tr style="height: 12.7pt;">
<td style="padding: 0px 0px 0px 24px; vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 9pt; text-indent: -9pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Retained earnings</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">724,268</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">693,848</font></p>






</td>
<td style="vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>





</tr>
<tr style="height: 12.7pt; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 24px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 9pt; text-indent: -9pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Accumulated other comprehensive loss</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">(54,864)</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">(40,188)</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>





</tr>
<tr style="height: 7.9pt;">
<td style="padding: 0px 0px 0px 24px; vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 9pt; text-indent: -9pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Treasury stock, at cost, 9,981,665 and 9,981,665 shares at June 30, 2024 and December 31, 2023, respectively</font></p>






</td>
<td style="padding-bottom: 1.25pt; vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">(52,864)</font></p>






</td>
<td style="padding-bottom: 1.25pt; vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding-bottom: 1.25pt; vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">(52,864)</font></p>






</td>
<td style="padding-bottom: 1.25pt; vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>





</tr>
<tr style="height: 7.9pt; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 34px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 9pt; text-indent: -9pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Total Inter Parfums, Inc. shareholders&#8217; equity</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">717,077</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">699,393</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>





</tr>
<tr style="height: 7.9pt;">
<td style="padding: 0px 0px 0px 12px; vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 9pt; text-indent: -9pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Noncontrolling interest</font></p>






</td>
<td style="padding-bottom: 1.25pt; vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">184,129</font></p>






</td>
<td style="padding-bottom: 1.25pt; vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding-bottom: 1.25pt; vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">192,777</font></p>






</td>
<td style="padding-bottom: 1.25pt; vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>





</tr>
<tr style="height: 7.9pt; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 34px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt 0pt 0pt 9pt; text-indent: -9pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Total equity</font></p>






</td>
<td style="padding-bottom: 1.25pt; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">901,206</font></p>






</td>
<td style="padding-bottom: 1.25pt; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding-bottom: 1.25pt; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; border-bottom: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">892,170</font></p>






</td>
<td style="padding-bottom: 1.25pt; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>





</tr>
<tr style="height: 7.9pt;">
<td style="padding: 0px 0px 0px 44px; vertical-align: bottom;">
<p style="margin: 0pt 0pt 0pt 9pt; text-indent: -9pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Total liabilities and equity</font></p>






</td>
<td style="padding-bottom: 2.75pt; vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">$</font></p>






</td>
<td style="vertical-align: bottom; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">1,363,992</font></p>






</td>
<td style="padding-bottom: 2.75pt; vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding-bottom: 2.75pt; vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">$</font></p>






</td>
<td style="vertical-align: bottom; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">1,369,329</font></p>






</td>
<td style="padding-bottom: 2.75pt; vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>





</tr>












</table>
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>4</font></font></td>






</tr>













</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always;"><a href="#TOC"></a><br></div>






</div>
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">INTER PARFUMS, INC. AND SUBSIDIARIES</font></p>
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-style: italic; font-weight: bold;">CONSOLIDATED STATE</font><font style="font-style: italic; font-weight: bold;">MENTS OF INCOME</font></font></p>
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;">(In thousands except per share data)</font></p>
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;<font style="font-style: italic;">(Unaudited)</font> </font></p>
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">&nbsp;</font></p>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; height: 675px; width: 100%;" width="100%">

<tr style="height: 17px;">
<td style="vertical-align: bottom; height: 17px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td colspan="6" style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: center; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Three Months Ended June 30,</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td colspan="6" style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: center; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Six Months Ended June 30,</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>






</tr>
<tr style="height: 19px; margin: 0px; text-indent: 0px;">
<td style="vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td colspan="2" style="vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: center; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">2024</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td colspan="2" style="vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: center; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">2023</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">2024</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td colspan="2" style="padding: 0px; vertical-align: bottom; height: 19px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">2023</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; height: 19px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>






</tr>
<tr style="height: 17px; margin: 0px; text-indent: 0px;">
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td colspan="2" style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td colspan="2" style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>






</tr>
<tr style="height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<td style="vertical-align: bottom; width: 48%; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Net sales</font></p>






</td>
<td style="vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">$</font></p>






</td>
<td style="vertical-align: bottom; width: 10%; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">342,229</font></p>






</td>
<td style="vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">$</font></p>






</td>
<td style="vertical-align: bottom; width: 10%; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">309,244</font></p>






</td>
<td style="vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">$</font></p>






</td>
<td style="vertical-align: bottom; width: 10%; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">666,192</font></p>






</td>
<td style="vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">$</font></p>






</td>
<td style="vertical-align: bottom; width: 10%; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">620,967</font></p>






</td>
<td style="vertical-align: bottom; width: 1%; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>






</tr>
<tr style="height: 17px; margin: 0px; text-indent: 0px;">
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>






</tr>
<tr style="height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Cost of sales</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">121,472</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">120,840</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">243,050</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">229,606</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>






</tr>
<tr style="height: 17px; margin: 0px; text-indent: 0px;">
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>






</tr>
<tr style="height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Gross margin</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">220,757</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">188,404</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">423,142</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">391,361</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>






</tr>
<tr style="height: 17px; margin: 0px; text-indent: 0px;">
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>






</tr>
<tr style="height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Selling, general and administrative expenses</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">155,929</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">133,383</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">290,341</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">246,061</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>






</tr>
<tr style="height: 17px; margin: 0px; text-indent: 0px;">
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>






</tr>
<tr style="height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Income from operations</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">64,828</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">55,021</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">132,801</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">145,300</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>






</tr>
<tr style="height: 17px; margin: 0px; text-indent: 0px;">
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>






</tr>
<tr style="height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Other expenses (income):</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>






</tr>
<tr style="height: 17px; margin: 0px; text-indent: 0px;">
<td style="padding: 0px 0px 0px 12px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Interest expense</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">1,941</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">2,276</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">3,748</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">4,633</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>






</tr>
<tr style="height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<td style="padding: 0px 0px 0px 12px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Loss (gain) on foreign currency</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">634</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">(746</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">)</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">(270)</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">13</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>






</tr>
<tr style="height: 17px; margin: 0px; text-indent: 0px;">
<td style="padding: 0px 0px 0px 12px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Interest and investment loss (income)</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">1,076</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">(1,977</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">)</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">(1,944)</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">(7,359</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">)</font></p>






</td>






</tr>
<tr style="height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<td style="padding: 0px 0px 0px 12px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Other income</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">(74)</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">(7</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">)</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">(37)</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">(48</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">)</font></p>






</td>






</tr>
<tr style="height: 17px; margin: 0px; text-indent: 0px;">
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>






</tr>
<tr style="height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="display: none; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Nonoperating Income (Expense)</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">3,577</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">(454</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">)</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">1,497</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">(2,761</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">)</font></p>






</td>






</tr>
<tr style="height: 17px; margin: 0px; text-indent: 0px;">
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>






</tr>
<tr style="height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Income before income taxes</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">61,251</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">55,475</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">131,304</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">148,061</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>






</tr>
<tr style="height: 17px; margin: 0px; text-indent: 0px;">
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>






</tr>
<tr style="height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Income taxes</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">14,653</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">12,957</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">31,403</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">34,635</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>






</tr>
<tr style="height: 17px; margin: 0px; text-indent: 0px;">
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>






</tr>
<tr style="height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Net income</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">46,598</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">42,518</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">99,901</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">113,426</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>






</tr>
<tr style="height: 17px; margin: 0px; text-indent: 0px;">
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>






</tr>
<tr style="height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<td style="padding: 0px 0px 0px 12px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Less: Net income attributable to the noncontrolling interest</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">9,775</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">7,566</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">22,030</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">24,406</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>






</tr>
<tr style="height: 17px; margin: 0px; text-indent: 0px;">
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>






</tr>
<tr style="height: 19px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-weight: bold;">Ne</font><font style="font-weight: bold;">t income attributable to Inter Parfums, Inc.</font></font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 19px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">$</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 19px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">36,823</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 19px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">$</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 19px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">34,952</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">$</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">77,871</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">$</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">89,020</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 19px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>






</tr>
<tr style="height: 18px; margin: 0px; text-indent: 0px;">
<td style="vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>






</tr>
<tr style="height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Earnings per share:</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>






</tr>
<tr style="height: 17px; margin: 0px; text-indent: 0px;">
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>






</tr>
<tr style="height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Net income attributable to Inter Parfums, Inc. common shareholders:</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>






</tr>
<tr style="height: 13px; margin: 0px; text-indent: 0px;">
<td style="padding: 0px 0px 0px 12px; vertical-align: bottom; height: 13px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Basic</font></p>






</td>
<td style="vertical-align: bottom; height: 13px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 13px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">$</font></p>






</td>
<td style="vertical-align: bottom; height: 13px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">1.15</font></p>






</td>
<td style="vertical-align: bottom; height: 13px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 13px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 13px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">$</font></p>






</td>
<td style="vertical-align: bottom; height: 13px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">1.09</font></p>






</td>
<td style="vertical-align: bottom; height: 13px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 13px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 13px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">$</font></p>






</td>
<td style="vertical-align: bottom; height: 13px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">2.43</font></p>






</td>
<td style="vertical-align: bottom; height: 13px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 13px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 13px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">$</font></p>






</td>
<td style="vertical-align: bottom; height: 13px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">2.78</font></p>






</td>
<td style="vertical-align: bottom; height: 13px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>






</tr>
<tr style="height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<td style="padding: 0px 0px 0px 12px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Diluted</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">$</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">1.14</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">$</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">1.09</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">$</font></p>






</td>
<td style="padding: 0px; background-color: #cceeff; height: 10px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">2.41</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">$</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">2.77</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>






</tr>
<tr style="height: 18px; margin: 0px; text-indent: 0px;">
<td style="vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 18px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>






</tr>
<tr style="height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-weight: bold;">Weighted average number of shares outstanding:</font> </font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>






</tr>
<tr style="height: 10px; margin: 0px; text-indent: 0px;">
<td style="padding: 0px 0px 0px 12px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Basic</font></p>






</td>
<td style="vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">32,024</font></p>






</td>
<td style="vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">32,006</font></p>






</td>
<td style="vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">32,033</font></p>






</td>
<td style="vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">32,012</font></p>






</td>
<td style="vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>






</tr>
<tr style="height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<td style="padding: 0px 0px 0px 12px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Diluted</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">32,266</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">32,162</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">32,266</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">32,161</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>






</tr>
<tr style="height: 11px; margin: 0px; text-indent: 0px;">
<td style="vertical-align: bottom; height: 11px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 11px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 11px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 11px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 11px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 11px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 11px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 11px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 11px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 11px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 11px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 11px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 11px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 11px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 11px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 11px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; height: 11px; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>






</tr>
<tr style="height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Dividends declared per share</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">$</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">0.75</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">$</font></p>






</td>
<td style="vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; padding: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">0.625</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">$</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">1.50</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">$</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">1.30</font></p>






</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>






</td>






</tr>













</table>
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>5</font></font></td>






</tr>













</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr></div>






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<span style="display: none;">v3.24.2.u1</span><table class="report" border="0" cellspacing="2" id="idm140237945772512">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Cover<br></strong></div></th>
<th class="th"><div>Aug. 06, 2024</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_CoverAbstract', window );"><strong>Cover [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentType', window );">Document Type</a></td>
<td class="text">8-K<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_AmendmentFlag', window );">Amendment Flag</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentPeriodEndDate', window );">Document Period End Date</a></td>
<td class="text">Aug.  06,  2024<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityFileNumber', window );">Entity File Number</a></td>
<td class="text">0-16469<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityRegistrantName', window );">Entity Registrant Name</a></td>
<td class="text">Inter Parfums, Inc.<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityCentralIndexKey', window );">Entity Central Index Key</a></td>
<td class="text">0000822663<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityTaxIdentificationNumber', window );">Entity Tax Identification Number</a></td>
<td class="text">13-3275609<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityIncorporationStateCountryCode', window );">Entity Incorporation, State or Country Code</a></td>
<td class="text">DE<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressAddressLine1', window );">Entity Address, Address Line One</a></td>
<td class="text">551 Fifth Avenue<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressCityOrTown', window );">Entity Address, City or Town</a></td>
<td class="text">New York<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressStateOrProvince', window );">Entity Address, State or Province</a></td>
<td class="text">NY<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressPostalZipCode', window );">Entity Address, Postal Zip Code</a></td>
<td class="text">10176<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_CityAreaCode', window );">City Area Code</a></td>
<td class="text">212<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_LocalPhoneNumber', window );">Local Phone Number</a></td>
<td class="text">983.2640<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_WrittenCommunications', window );">Written Communications</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SolicitingMaterial', window );">Soliciting Material</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_PreCommencementTenderOffer', window );">Pre-commencement Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_PreCommencementIssuerTenderOffer', window );">Pre-commencement Issuer Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">Common Stock, $.001 par value per share<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">IPAR<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NASDAQ<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityEmergingGrowthCompany', window );">Entity Emerging Growth Company</a></td>
<td class="text">false<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AmendmentFlag">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AmendmentFlag</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CityAreaCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Area code of city</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CityAreaCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CoverAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Cover page.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CoverAbstract</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentPeriodEndDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentPeriodEndDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:dateItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentType">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentType</td>
</tr>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
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<td><strong> Data Type:</strong></td>
<td>dei:submissionTypeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressAddressLine1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Address Line 1 such as Attn, Building Name, Street Name</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressAddressLine1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressCityOrTown">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the City or Town</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressCityOrTown</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressPostalZipCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Code for the postal or zip code</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressPostalZipCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressStateOrProvince">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the state or province.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressStateOrProvince</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:stateOrProvinceItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCentralIndexKey">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCentralIndexKey</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:centralIndexKeyItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityEmergingGrowthCompany">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Indicate if registrant meets the emerging growth company criteria.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityEmergingGrowthCompany</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityFileNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityFileNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:fileNumberItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityIncorporationStateCountryCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Two-character EDGAR code representing the state or country of incorporation.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityIncorporationStateCountryCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarStateCountryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityRegistrantName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityRegistrantName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityTaxIdentificationNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityTaxIdentificationNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:employerIdItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LocalPhoneNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Local phone number for entity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LocalPhoneNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementIssuerTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 13e<br> -Subsection 4c<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementIssuerTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 14d<br> -Subsection 2b<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_Security12bTitle">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Title of a 12(b) registered security.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_Security12bTitle</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:securityTitleItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SecurityExchangeName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the Exchange on which a security is registered.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection d1-1<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SecurityExchangeName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarExchangeCodeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SolicitingMaterial">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 14a<br> -Subsection 12<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SolicitingMaterial</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_TradingSymbol">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Trading symbol of an instrument as listed on an exchange.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_TradingSymbol</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:tradingSymbolItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_WrittenCommunications">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Securities Act<br> -Number 230<br> -Section 425<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_WrittenCommunications</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
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