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Segments and Geographic Areas (Tables)

12 Months Ended

Dec. 31, 2024

Segment Reporting [Abstract]

Information on the Company’s operations by segments is as follows:

Information on the Company’s operations by segments is as follows:

		Year ended December 31, 2024
		United States based operations				European based operations				Total
Net sales		$	511,307			$	953,046			$	1,464,353
Eliminations (a)			—				(12,028	)			(12,028	)
			511,307				941,018				1,452,325
Less: (b)
Cost of sales			215,207				314,465
Eliminations (a)			—				(4,688	)
Segment gross margin			296,100				631,241				927,341
Less: (b)
Advertising and Promotion			79,479				201,065
Employee related costs			51,318				74,071
Royalties			37,081				80,711
Other segment items (c)			39,048				89,772
Segment income from operations		$	89,174			$	185,622			$	274,796
Reconciliation:
Interest expense											7,825
Loss on foreign currency											1,085
Interest and investment income											(2,218	)
Other (income) expense											(287	)
Income before income taxes										$	268,391

		Year ended December 31, 2023
		United States based operations				European based operations				Total
Net sales		$	455,758			$	863,397			$	1,319,155
Eliminations (a)			—				(1,480	)			(1,480	)
			455,758				861,917				1,317,675
Less: (b)
Cost of sales			195,973				282,624
Segment gross margin			259,785				579,293				839,078
Less: (b)
Advertising and Promotion			70,033			$	191,253
Employee related costs			45,880				70,473
Royalties			32,573				71,214
Other segment items (c)			32,622				73,648
Segment income from operations		$	78,677			$	172,705			$	251,382
Reconciliation:
Interest expense											11,253
Loss on foreign currency											1,582
Interest and investment income											(10,729	)
Other (income) expense											(317	)
Income before income taxes										$	249,593

		Year ended December 31, 2022
		United States based operations				European based operations				Total
Net sales		$	342,644			$	744,075			$	1,086,719
Eliminations (a)			—				(66	)			(66	)
			342,644				744,009				1,086,653
Less: (b)
Cost of sales			155,333				236,898
Segment gross margin			187,311				507,111				694,422
Less: (b)
Advertising and Promotion			45,860				166,510
Employee related costs			38,457				60,984
Royalties			24,012				62,986
Other segment items (c)			26,541				74,769
Segment income from operations		$	52,441			$	141,862			$	194,303
Reconciliation:
Interest expense											3,599
Loss on foreign currency											1,921
Interest and investment income											(5,486	)
Other (income) expense											50
Income before income taxes										$	194,219

(a)	Eliminations of intercompany sales relate to European based operations products sold to United States based operations.
(b)	The significant expense categories and amounts align with the segment-level information that is regularly provided to the chief operating decision maker.
(c)	Other segment items for each reportable segment include expenses for professional services, travel & entertainment, rent, warehousing, shipping, depreciation & amortization, and other selling, general and administrative costs.

Other segment disclosures:

		Year ended December 31,
		2024				2023				2022
Net income attributable to Interparfums, Inc.:
United States		$	68,164			$	63,354			$	43,330
Europe			101,698				89,677				77,608
Eliminations			(5,504	)			(377	)			—
		$	164,358			$	152,654			$	120,938
Depreciation and amortization expense including impairment loss:
United States		$	6,838			$	6,517			$	6,355
Europe			21,520				10,814				16,184
		$	28,358			$	17,331			$	22,539
Interest and investment income:
United States		$	514			$	346			$	66
Europe			2,392				10,810				5,769
Eliminations			(688	)			(427	)			(349	)
		$	2,218			$	10,729			$	5,486
Interest expense:
United States		$	1,838			$	1,351			$	1,100
Europe			6,675				10,329				2,848
Eliminations			(688	)			(427	)			(349	)
		$	7,825			$	11,253			$	3,599
Income tax expense:
United States		$	17,805			$	15,180			$	6,920
Europe			48,988				46,763				36,262
Eliminations			(1,835	)			(126	)			—
		$	64,958			$	61,817			$	43,182

		December 31,
		2024				2023				2022
Total assets:
United States		$	352,139			$	344,341			$	278,090
Europe			1,073,326				1,066,684				1,052,004
Eliminations			(14,204	)			(41,696	)			(21,552	)
		$	1,411,261			$	1,369,329			$	1,308,542
Additions to long-lived assets(a):
United States		$	1,882			$	3,918			$	5,318
Europe			20,470				49,450				85,184
		$	22,352			$	53,368			$	90,502
Total long-lived assets(a):
United States		$	50,401			$	57,372			$	61,539
Europe			410,459				436,819				423,999
		$	460,860			$	494,191			$	485,538

(a) Total long-lived assets include property, equipment and leasehold improvements, trademarks, licenses, and other intangible assets, and right-of-use assets.

Consolidated net sales to customers by region are as follows:

Consolidated net sales to customers by region are as follows:

		Year ended December 31,
		2024				2023				2022
North America		$	541,850			$	511,655			$	420,968
Western Europe			364,308				301,228				259,216
Asia/Pacific			196,978				191,772				163,621
Middle East and Africa			122,844				117,115				98,776
Eastern Europe			118,130				103,227				74,161
Central and South America			108,215				92,678				69,911
		$	1,452,325			$	1,317,675			$	1,086,653

X

- Definition

Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries.

+ References

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-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
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X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

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