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Segment and Geographic Areas:
 3 Months Ended
Mar. 31, 2025
Segment Reporting [Abstract]  
Segment and Geographic Areas:
10. Segment and Geographic Areas:

The Company manufactures and distributes one product line, fragrances and fragrance related products. The Company manages its business in two segments, European based operations and United States based operations. The European based operations, assets and business operations are primarily conducted in France, and include the results and assets of Interparfums Luxury Brands, Inc., located in the United States. For United States based operations, assets and business operations are primarily conducted in the United States, and include the results and assets of Interparfums Italia Srl, located in Italy. Both European based operations and United States based operations primarily represent the sale of prestige brand name fragrances.


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


Three months ended March 31, 2025

United States

based operations

European

based operations

 Total
Net sales $ 94,345 $ 247,826 $ 342,171
Eliminations (a) — (3,352 ) (3,352 )


94,345
244,474
338,819
Less: (b)


Cost of sales 38,966 85,382
Eliminations (a)

—


(1,506 )



Segment gross margin 55,379 160,598 215,977
Less: (b)
Advertising and Promotion
15,388
36,140

Employee related costs

13,865


18,188




Royalties

7,038


21,023




Other segment items (c)

8,627


20,631




Segment income from operations
$ 10,461

$ 64,616

$ 75,077













Reconciliation:











Interest expense









1,545
Loss on foreign currency









781
Interest and investment income









(581 )
Other income









(79 )
Income before income taxes








$ 73,411


Three months ended March 31, 2024

United States

based operations

European

based operations

 Total
Net sales $ 95,768 $ 230,957 $ 326,725
Eliminations (a) — (2,762 ) (2,762 )


95,768
228,195
323,963
Less: (b)


Cost of sales 39,599 83,189
Eliminations (a)

—


(1,210 )



Segment gross margin 56,169 146,216 202,385
Less: (b)
Advertising and Promotion
14,934
33,390

Employee related costs

12,487


18,165




Royalties

7,171


20,018




Other segment items (c)

9,423


18,824




Segment income from operations
$ 12,154

$ 55,819

$ 67,973













Reconciliation:











Interest expense









1,807
Gain on foreign currency









(905 )
Interest and investment income









(3,020 )
Other expense









38
Income before income taxes








$ 70,053


(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:









Three months ended March 31,
2025 2024
Net income attributable to Interparfums, Inc.:
United States $ 8,668 $ 9,527
Europe 35,209 32,685
Eliminations (1,385 ) (1,164 )
$ 42,492 $ 41,048
Depreciation and amortization expense:
United States $ 1,680 $ 1,724
Europe 4,247 4,294
$ 5,927 $ 6,018
Interest and investment income:
United States $ 232 $ 3
Europe 349 3,328
Eliminations — (311 )
$ 581 $ 3,020
Interest expense:
United States $ 210 $ 452
Europe 1,335 1,666
Eliminations — (311 )
$ 1,545 $ 1,807
Income tax expense:
United States $ 1,712 $ 1,817
Europe 16,449 15,073
Eliminations (153 ) (140 )
$ 18,008 $ 16,750
Additions to long-lived assets(a):







United States
$

170

$ 426
Europe

23,765


938


$ 23,935

$ 1,364


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

March 31, December 31,
2025 2024
Total Assets:
United States $ 334,018 $ 352,139
Europe 1,122,669 1,073,326
Eliminations (16,162 ) (14,204 )


$ 1,440,525 $ 1,411,261