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Equity (Tables)

12 Months Ended

Dec. 31, 2024

Equity:

The following table sets forth information with respect to nonvested options for 2023:

The following table sets forth information with respect to nonvested options for 2024:

		Number of Shares				Weighted Average Grant Date Fair Value
Nonvested options – beginning of year			122,100			$	24.47
Nonvested options granted			47,250			$	33.31
Nonvested options vested or forfeited			(50,700	)		$	19.73
Nonvested options – end of year			118,650			$	30.02

The effect of share-based payment expenses decreased income statement line items as follows:

The effect of share-based payment expenses decreased income statement line items as follows:

		Year Ended December 31,
		2024				2023				2022
Income before income taxes		$	2,379			$	2,525			$	3,143
Net income attributable to Interparfums, Inc.			1,565				1,700				2,036
Diluted earnings per share attributable to Interparfums, Inc.			0.05				0.05				0.06

The following table summarizes stock option activity and related information for the years ended December 31, 2023, 2022 and 2021:

The following table summarizes stock option activity and related information for the years ended December 31, 2024, 2023 and 2022:

		Year ended December 31,
		2024								2023								2022
		Options				Weighted Average Exercise Price				Options				Weighted Average Exercise Price				Options				Weighted Average Exercise Price
Shares under option -beginning of year			308,970			$	86.52				441,580			$	67.30				524,900			$	57.58
Options granted			47,250				130.60				47,500				147.71				62,000				97.84
Options exercised			(105,510	)			66.83				(154,220	)			52.04				(136,880	)			43.86
Options forfeited			(4,280	)			95.73				(25,890	)			76.32				(8,440	)			67.65
Shares under option - end of year			246,430				103.24				308,970				86.52				441,580				67.30

The assumptions used in the Black-Scholes pricing model are set forth in the following table:

The assumptions used in the Black-Scholes pricing model are set forth in the following table:

		Year Ended December 31,
		2024				2023				2022
Weighted average expected stock-price volatility			30	%			29	%			26	%
Weighted average expected option life			4.4 years				4.0 years				4.0 years
Weighted average risk-free interest rate			4.4	%			3.8	%			4.0	%
Weighted average dividend yield			2.3	%			2.0	%			2.4	%

Proceeds, tax benefits and intrinsic value related to stock options exercised were as follows:

Proceeds, tax benefits and intrinsic value related to stock options exercised were as follows: 

		Year Ended December 31,
		2024				2023				2022
Proceeds from stock options exercised		$	7,049			$	8,025			$	6,003
Tax benefits		$	673			$	1,150			$	800
Intrinsic value of stock options exercised		$	7,052			$	11,578			$	6,760

The following table summarizes additional stock option information as of December 31, 2023:

The following table summarizes additional stock option information as of December 31, 2024:

Exercise prices		Options outstanding		Options outstanding weighted average remaining contractual life		Options exercisable
$62.18 - $69.11		10,500		0.66 years		9,000
$73.09		88,580		1.00 years		88,580
$97.84		53,600		4.00 years		20,900
147.71		46,500		4.99 years		9,300
$130.60		47,250		6.00 years		—
Totals		246,430		3.35 years		127,780

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