<SEC-DOCUMENT>0001753926-26-000773.txt : 20260505
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<ACCEPTANCE-DATETIME>20260505164306
ACCESSION NUMBER:		0001753926-26-000773
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		15
CONFORMED PERIOD OF REPORT:	20260505
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:		20260505
DATE AS OF CHANGE:		20260505

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			INTERPARFUMS INC
		CENTRAL INDEX KEY:			0000822663
		STANDARD INDUSTRIAL CLASSIFICATION:	PERFUMES, COSMETICS & OTHER TOILET PREPARATIONS [2844]
		ORGANIZATION NAME:           	08 Industrial Applications and Services
		EIN:				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:		26944079

	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:	INTER PARFUMS INC
		DATE OF NAME CHANGE:	19990715

	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'; 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'; 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'; font-size: 10pt; line-height: inherit;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt; line-height: inherit;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt; line-height: inherit;">&#160;</span><span style="font-family: 'Times New Roman'; font-size: 10pt; line-height: inherit;">(Former name or former address, if changed since last report)</span></p>
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<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><span style="font-family: 'Times New Roman'; 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>
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<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><span style="font-family: 'Times New Roman'; font-size: 10pt; line-height: inherit;">&#160;</span></p>
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<td style="vertical-align: top; width: 18pt; box-shadow: none;">
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<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; line-height: inherit;">Soliciting Material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</span></p>
















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<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><span style="font-family: 'Times New Roman'; font-size: 10pt; line-height: inherit;">&#160;</span></p>
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<td style="vertical-align: top; width: 18pt; box-shadow: none;">
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<td style="vertical-align: top; box-shadow: none;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; line-height: inherit;">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</span></p>
















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<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><span style="font-family: 'Times New Roman'; font-size: 10pt; line-height: inherit;">&#160;</span></p>
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<td style="vertical-align: top; box-shadow: none;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; line-height: inherit;">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</span></p>
















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</table>
<p style="margin: 0pt; line-height: 1.2;"><span style="font-family: 'Times New Roman'; 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'; font-size: 10pt; line-height: inherit;">Securities registered pursuant to Section 12(b) of the Act:</span></p>
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<td style="border-bottom: 1pt solid #000000; vertical-align: bottom; width: 33%; box-shadow: none;">
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<td style="vertical-align: bottom; width: 1%; box-shadow: none;">
<p style="margin: 0pt; text-align: center;"><span style="font-family: 'Times New Roman'; font-size: 12pt; line-height: inherit;">&#160;</span></p>
















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<td style="border-bottom: 1pt solid #000000; vertical-align: bottom; width: 31%; box-shadow: none;">
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<td style="vertical-align: bottom; box-shadow: none;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; line-height: inherit;">&#160;</span></p>
















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<td style="vertical-align: bottom; box-shadow: none;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; line-height: inherit;">&#160;</span></p>
















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<td style="vertical-align: bottom; box-shadow: none;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; line-height: inherit;">&#160;</span></p>
















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<td style="vertical-align: bottom; box-shadow: none;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; line-height: inherit;">&#160;</span></p>
















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<td style="vertical-align: bottom; box-shadow: none;">
<p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; 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'; 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'; font-size: 10pt; line-height: inherit;">&#160;</span></p>
















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<td style="background-color: #cceeff; vertical-align: top; box-shadow: none;">
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<p style="margin: 0pt; text-align: justify; line-height: 1.2;"><span style="font-family: 'Times New Roman'; 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'; 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'; 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'; 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. </span><span style="font-family: 'Segoe UI Symbol'; font-size: 10pt; line-height: inherit;">&#9744;</span></p>
<p style="margin: 0pt; line-height: 1.2;"><br/></p>
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<p style="margin: 0pt; line-height: 1.2;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold; text-decoration: underline; line-height: inherit;">Item </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold; text-decoration: underline; line-height: inherit;">2.02</span> <span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold; text-decoration: underline; line-height: inherit;">Results of Operations and Financial Conditions </span></p>
<p style="margin: 0pt; line-height: 1.2;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold; line-height: inherit;">&#160;</span></p>
<p style="margin: 0pt; text-indent: 36pt; line-height: 1.2;"><span style="font-family: 'Times New Roman'; font-size: 10pt; line-height: inherit;">Certain portions of our press release dated May 5, 2026, 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: 10pt; margin: 0pt 0pt 0pt 63.6pt; padding-left: 8.4pt; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; line-height: inherit;">The 1<span style="font-size: 9pt;"><sup>st</sup></span>, 2<span style="font-size: 9pt;"><sup>nd</sup></span> (consisting of a table), 3<span style="font-size: 9pt;"><sup>rd</sup></span> through 7<span style="font-size: 9pt;"><sup>th</sup></span> and 11 through 14<span style="font-size: 9pt;"><sup>th</sup></span> and 16<span style="font-size: 9pt;"><sup>th</sup></span> through 18<span style="font-size: 9pt;"><sup>th</sup></span> full paragraphs relating to results of operations for the first quarter of 2026 </span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 0pt 0pt 0pt 63.6pt; padding-left: 8.4pt; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; line-height: inherit;">Portion of the 15<span style="font-size: 9pt;"><sup>th</sup></span> paragraph relating to advertising and promotional expense for the first quarter of 2026</span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 0pt 0pt 0pt 63.6pt; padding-left: 8.4pt; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; line-height: inherit;">The 9<span style="font-size: 9pt;"><sup>th</sup></span> paragraph relating to the Company&#8217;s ESG rating increase</span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 0pt 0pt 0pt 63.6pt; padding-left: 8.4pt; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; line-height: inherit;">The 19<span style="font-size: 9pt;"><sup>th</sup></span> paragraph relating to balance sheet items, cash flow, inventory and long-term debt</span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 0pt 0pt 0pt 63.6pt; padding-left: 8.4pt; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; line-height: inherit;">The 23<span style="font-size: 9pt;"><sup>rd</sup></span> through 26<span style="font-size: 9pt;"><sup>th</sup></span> paragraphs relating to the conference call scheduled for May 6, 2026</span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 0pt 0pt 0pt 63.6pt; padding-left: 8.4pt; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; line-height: inherit;">The consolidated statements of income and consolidated balance sheets</span><br/></li>















</ul>
<p style="margin: 0pt; line-height: 1.2;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold; text-decoration: underline; line-height: inherit;">Item 7.01 Regulation FD Disclosure </span></p>
<p style="margin: 0pt; line-height: 1.2;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold; line-height: inherit;">&#160;</span></p>
<p style="margin: 0pt; text-indent: 36pt; line-height: 1.2;"><span style="font-family: 'Times New Roman'; font-size: 10pt; line-height: inherit;">Certain portions of our press release dated May 5, 2026, 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. They are as follows:</span></p>
<ul>
<li style="font-family: Symbol; font-size: 10pt; margin: 0pt 0pt 0pt 63.6pt; padding-left: 8.4pt; text-indent: 0pt;">T<span style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; 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-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">he</span> 8<span style="font-family: 'times new roman', times; font-size: 9pt;"><sup style="text-indent: -0.25in;">th</sup></span><span style="font-size: 10pt; font-family: 'Times New Roman', serif; text-indent: -0.25in;"> paragraph relating to the Company&#8217;s
portfolio of future innovation pipelines, including new blockbusters and
product extension lines for the remainder of the year and 2027</span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 0pt 0pt 0pt 63.6pt; padding-left: 8.4pt; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; line-height: inherit;">The 10<span style="font-size: 9pt;"><sup>th</sup></span> paragraph relating to the Company&#8217;s cautious optimism pertaining to the fragrance market and Company's portfolio</span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 0pt 0pt 0pt 63.6pt; padding-left: 8.4pt; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; line-height: inherit;">Part of the 15<span style="font-size: 9pt;"><sup>th</sup></span> paragraph relating to the Company&#8217;s future product launches in 2027</span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 0pt 0pt 0pt 63.6pt; padding-left: 8.4pt; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; line-height: inherit;">The 20<span style="font-size: 9pt;"><sup>th</sup></span> and 21<span style="font-size: 9pt;"><sup>st</sup></span> paragraphs relating to reaffirmance of the previously announced 2026 guidance for the Company</span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 0pt 0pt 0pt 63.6pt; padding-left: 8.4pt; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; line-height: inherit;">The 29<span style="font-size: 9pt;"><sup>th</sup></span> paragraph relating to forward-looking information</span></li>
<li style="font-family: Symbol; font-size: 10pt; margin: 0pt 0pt 0pt 63.6pt; padding-left: 8.4pt; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; line-height: inherit;">The balance of such press release not otherwise incorporated by reference in Item 2.02.</span></li>















</ul>
<p style="margin: 0pt; line-height: 1.2;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold; text-decoration: underline; line-height: inherit;">Item 8.01 Other Events</span></p>
<ul>
<li style="font-family: Symbol; font-size: 10pt; margin: 0pt 0pt 0pt 63.6pt; padding-left: 8.4pt; text-indent: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; line-height: inherit;">The 22<span style="font-size: 9pt;"><sup>nd</sup></span> paragraph relating to dividends</span><br/></li>















</ul>
<p style="margin: 0pt; line-height: 1.2;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold; text-decoration: underline; line-height: inherit;">Item </span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold; text-decoration: underline; line-height: inherit;">9</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold; text-decoration: underline; line-height: inherit;">.</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold; text-decoration: underline; line-height: inherit;">0</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold; text-decoration: underline; line-height: inherit;">1</span> <span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold; text-decoration: underline; line-height: inherit;">Financial Statements and Exhibits</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold; text-decoration: underline; line-height: inherit;">.</span></p>
<p style="margin: 0pt; text-indent: 36pt; line-height: 1.2;"><span style="font-family: 'Times New Roman'; font-size: 10pt; line-height: inherit;">&#160;</span></p>
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<td style="width: 97%; background-color: #cceeff; box-shadow: none;"><a href="ex991_1.htm" style="-sec-extract:exhibit"><span style="font-size: 10pt; font-weight: 400; font-family: 'Times New Roman'; line-height: inherit;">Our press release dated<span>&#160;May</span></span><span style="font-size: 10pt; font-weight: 400; font-family: 'Times New Roman'; line-height: inherit;">&#160;5</span><span style="font-size: 10pt; font-weight: 400; font-family: 'Times New Roman'; line-height: inherit;">, 2026</span></a></td>














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<p style="margin: 0pt; text-align: center; line-height: 1.2;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold; line-height: inherit;">SIGNATURES</span></p>
<p style="margin: 0pt; text-align: center; line-height: 1.2;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold; line-height: inherit;">&#160;</span></p>
<p style="margin: 0pt; text-align: justify; text-indent: 36pt; line-height: 1.2;"><span style="font-family: 'Times New Roman'; font-size: 10pt; line-height: inherit;">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-indent: 36pt; line-height: 1.2;"><span style="font-family: 'Times New Roman'; font-size: 10pt; line-height: inherit;">&#160;</span></p>
<p style="margin: 0pt; line-height: 1.2;"><span style="font-family: 'Times New Roman'; font-size: 10pt; line-height: inherit;">Dated: May</span><span style="font-family: 'Times New Roman'; font-size: 10pt; line-height: inherit;">&#160;5</span><span style="font-family: 'Times New Roman'; font-size: 10pt; line-height: inherit;">, 2026</span></p>
<p style="margin: 0pt; line-height: 1.2;"><span style="font-family: 'Times New Roman'; font-size: 10pt; line-height: inherit;">&#160;</span></p>
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<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; line-height: inherit;">Inter</span><span style="font-family: 'Times New Roman'; font-size: 10pt; line-height: inherit;">p</span><span style="font-family: 'Times New Roman'; font-size: 10pt; line-height: inherit;">arfums, Inc.</span></p>
















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<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; line-height: inherit;">&#160;</span></p>
















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<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; line-height: inherit;">By:</span></p>
















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<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; line-height: inherit;">/s/ Michel Atwood</span></p>
















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<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; line-height: inherit;">&#160;</span></p>
















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<td style="vertical-align: top; box-shadow: none;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; line-height: inherit;">&#160;</span></p>
















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<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; line-height: inherit;">Michel Atwood,</span></p>
















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<td style="vertical-align: top; box-shadow: none;">
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 12pt; line-height: inherit;">&#160;</span></p>
















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<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; line-height: inherit;">&#160;</span></p>
















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<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; line-height: inherit;">Chief Financial Officer</span></p>
















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<p style="margin: 0pt; line-height: 1.2;"><span style="font-family: 'Times New Roman'; font-size: 12pt; font-weight: bold; line-height: inherit;">&#160;</span></p>
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    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressAddressLine1" xlink:label="dei_EntityAddressAddressLine1" xlink:title="dei_EntityAddressAddressLine1" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityAddressAddressLine1" xlink:title="Presentation : dei_CoverAbstract to dei_EntityAddressAddressLine1" use="optional" priority="9" order="8" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressCityOrTown" xlink:label="dei_EntityAddressCityOrTown" xlink:title="dei_EntityAddressCityOrTown" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityAddressCityOrTown" xlink:title="Presentation : dei_CoverAbstract to dei_EntityAddressCityOrTown" use="optional" priority="9" order="9" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressStateOrProvince" xlink:label="dei_EntityAddressStateOrProvince" xlink:title="dei_EntityAddressStateOrProvince" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityAddressStateOrProvince" xlink:title="Presentation : dei_CoverAbstract to dei_EntityAddressStateOrProvince" use="optional" priority="9" order="10" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressPostalZipCode" xlink:label="dei_EntityAddressPostalZipCode" xlink:title="dei_EntityAddressPostalZipCode" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityAddressPostalZipCode" xlink:title="Presentation : dei_CoverAbstract to dei_EntityAddressPostalZipCode" use="optional" priority="9" order="11" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_CityAreaCode" xlink:label="dei_CityAreaCode" xlink:title="dei_CityAreaCode" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_CityAreaCode" xlink:title="Presentation : dei_CoverAbstract to dei_CityAreaCode" use="optional" priority="9" order="12" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_LocalPhoneNumber" xlink:label="dei_LocalPhoneNumber" xlink:title="dei_LocalPhoneNumber" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_LocalPhoneNumber" xlink:title="Presentation : dei_CoverAbstract to dei_LocalPhoneNumber" use="optional" priority="9" order="13" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_WrittenCommunications" xlink:label="dei_WrittenCommunications" xlink:title="dei_WrittenCommunications" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_WrittenCommunications" xlink:title="Presentation : dei_CoverAbstract to dei_WrittenCommunications" use="optional" priority="9" order="14" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_SolicitingMaterial" xlink:label="dei_SolicitingMaterial" xlink:title="dei_SolicitingMaterial" />
    <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/2025/dei-2025.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/2025/dei-2025.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/2025/dei-2025.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/2025/dei-2025.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/2025/dei-2025.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/2025/dei-2025.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-20260505_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 69fa4ea661f5952738d0fbae, Generated At Tue, 05 May 2026 20:10:22 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-20260505.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-20260505_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 69fa4ea661f5952738d0fbae, Generated At Tue, 05 May 2026 20:10:22 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/2025/dei-2025.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/2025/dei-2025.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/2025/dei-2025.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/2025/dei-2025.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/2025/dei-2025.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/2025/dei-2025.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/2025/dei-2025.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/2025/dei-2025.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/2025/dei-2025.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/2025/dei-2025.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/2025/dei-2025.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/2025/dei-2025.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/2025/dei-2025.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/2025/dei-2025.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/2025/dei-2025.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/2025/dei-2025.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/2025/dei-2025.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/2025/dei-2025.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/2025/dei-2025.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/2025/dei-2025.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/2025/dei-2025.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/2025/dei-2025.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/2025/dei-2025.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-20260505.xsd
<DESCRIPTION>SCHEMA
<TEXT>
<XBRL>
<?xml version="1.0" encoding="us-ascii" standalone="yes"?>
<!--Created by Genesis Filings LLC, Powered by IRIS Carbon, Unique Code 69fa4ea661f5952738d0fbae, Generated At Tue, 05 May 2026 20:10:22 GMT-->
<xsd:schema xmlns:us-roles="http://fasb.org/us-roles/2025" xmlns:us-types="http://fasb.org/us-types/2025" xmlns:dei="http://xbrl.sec.gov/dei/2025" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:ref="http://www.xbrl.org/2006/ref" xmlns:negated="http://www.xbrl.org/2009/role/negated" xmlns:num="http://www.xbrl.org/dtr/type/numeric" xmlns:nonnum="http://www.xbrl.org/dtr/type/non-numeric" 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" xmlns:dtr-types="http://www.xbrl.org/dtr/type/2024-01-31" xmlns:enum2="http://xbrl.org/2020/extensible-enumerations-2.0" xmlns:ipar="http://www.interparfumsinc.com/20260505" elementFormDefault="qualified" attributeFormDefault="unqualified" targetNamespace="http://www.interparfumsinc.com/20260505">
  <xsd:annotation>
    <xsd:appinfo>
      <link:linkbaseRef xlink:type="simple" xlink:href="ipar-20260505_pre.xml" xlink:role="http://www.xbrl.org/2003/role/presentationLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" />
      <link:linkbaseRef xlink:type="simple" xlink:href="ipar-20260505_cal.xml" xlink:role="http://www.xbrl.org/2003/role/calculationLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" />
      <link:linkbaseRef xlink:type="simple" xlink:href="ipar-20260505_def.xml" xlink:role="http://www.xbrl.org/2003/role/definitionLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" />
      <link:linkbaseRef xlink:type="simple" xlink:href="ipar-20260505_lab.xml" xlink:role="http://www.xbrl.org/2003/role/labelLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" />
      <link:roleType roleURI="http://www.interparfumsinc.com/role/Cover" id="Cover">
        <link:definition>001 - Document - Cover</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
      </link:roleType>
    </xsd:appinfo>
  </xsd:annotation>
  <xsd:import namespace="http://fasb.org/us-roles/2025" schemaLocation="https://xbrl.fasb.org/us-gaap/2025/elts/us-roles-2025.xsd" />
  <xsd:import namespace="http://fasb.org/us-types/2025" schemaLocation="https://xbrl.fasb.org/us-gaap/2025/elts/us-types-2025.xsd" />
  <xsd:import namespace="http://xbrl.sec.gov/dei/2025" schemaLocation="https://xbrl.sec.gov/dei/2025/dei-2025.xsd" />
  <xsd:import namespace="http://www.xbrl.org/2003/instance" schemaLocation="http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd" />
  <xsd:import namespace="http://www.xbrl.org/2003/linkbase" schemaLocation="http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" />
  <xsd:import namespace="http://www.xbrl.org/2003/XLink" schemaLocation="http://www.xbrl.org/2003/xl-2003-12-31.xsd" />
  <xsd:import namespace="http://www.w3.org/1999/xlink" schemaLocation="http://www.xbrl.org/2003/xlink-2003-12-31.xsd" />
  <xsd:import namespace="http://www.xbrl.org/2006/ref" schemaLocation="http://www.xbrl.org/2006/ref-2006-02-27.xsd" />
  <xsd:import namespace="http://www.xbrl.org/dtr/type/2024-01-31" schemaLocation="https://www.xbrl.org/dtr/type/2024-01-31/types.xsd" />
  <xsd:import namespace="http://xbrl.org/2020/extensible-enumerations-2.0" schemaLocation="https://www.xbrl.org/2020/extensible-enumerations-2.0.xsd" />
  <xsd:import namespace="http://xbrl.org/2005/xbrldt" schemaLocation="http://www.xbrl.org/2005/xbrldt-2005.xsd" />
  <xsd:import namespace="http://www.xbrl.org/2009/role/negated" schemaLocation="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd" />
</xsd:schema>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>7
<FILENAME>ex991_1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<html><head><title></title><meta content="text/html"></meta></head><body><div class="content_container"><div style="font-family: 'times new roman', times; font-size: 10pt; margin: 0px; text-indent: 0px;">
<p style="line-height: 1.2; text-align: right;"><font style="font-size: 10pt; line-height: inherit;"><b style="color: #000000; font-family: 'Times New Roman', serif; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-indent: -12px; 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="font-family: 'Arial Narrow', sans-serif; line-height: inherit;"><font style="font-family: 'times new roman', times; line-height: inherit;">Exhibit <font>99.1</font></font></font></b></font></p>
<div style="border: 1pt solid white; padding: 0in; line-height: 1.2;">
<p align="center" style="margin: 0in 0in 0in 9pt; text-align: center; text-indent: -9pt; border-image: initial; padding: 0in; font-size: 10pt; font-family: 'Times New Roman', serif; border: medium none currentcolor;"><br></p>
<p align="center" style="margin: 0in 0in 0in 9pt; text-align: center; text-indent: -9pt; border-image: initial; padding: 0in; font-size: 10pt; font-family: 'Times New Roman', serif; border: medium none currentcolor;"><font style="font-size: 10pt; line-height: inherit;"><font style="line-height: inherit;"><img src="c62e5d6b4406b91a1d71.jpg" alt="P1#yIS1" style="height:29;width:299;"></font><b><u></u></b></font></p>
<p align="center" style="margin: 0in 0in 0in 9pt; text-align: center; text-indent: -9pt; border-image: initial; padding: 0in; font-size: 10pt; font-family: 'Times New Roman', serif; border: medium none currentcolor;"><br></p>
<p align="center" style="margin: 0in 0in 0in 9pt; text-align: center; text-indent: -9pt; border-image: initial; padding: 0in; font-size: 10pt; font-family: 'Times New Roman', serif; border: medium none currentcolor;"><font style="font-size: 10pt; line-height: inherit;"><b><font style="font-family: 'Arial Narrow', sans-serif; line-height: inherit;"><font style="font-family: 'times new roman', times; line-height: inherit;">FOR IMMEDIATE RELEASE</font></font></b></font></p>








 </div>
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><font style="font-family: 'times new roman', times; line-height: inherit; font-size: 10pt;">&#160;</font></p>
<p align="center" style="text-align: center; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><u><font style="line-height: inherit;">INTERPARFUMS, INC. REPORTS <font>2026</font> FIRST QUARTER RESULTS</font></u></b></font></p>
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><i><font style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; line-height: inherit;">&#160;</font></i></b></font></p>
<p align="center" style="text-align: center; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><i><font style="line-height: inherit;">Q<font>1</font> <font>2026</font> Net Sales of $<font>345</font> Million and Diluted EPS of $<font>1.35</font> Per Share; </font></i></b></font></p>
<p align="center" style="text-align: center; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><i><font style="line-height: inherit;">Reaffirms Full Year <font>2026</font> Guidance; Quarterly Cash Dividend to be Paid on June 30, 2026</font></i></b></font></p>
<p style="margin: 0pt;"><br></p>
<p style="text-align: justify; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><font style="line-height: inherit;">New York, New York, May 5, 2026, Interparfums, Inc</font></b><font style="line-height: inherit;">. (NASDAQ GS: IPAR) (&#8220;Interparfums&#8221; or the &#8220;Company&#8221;)</font><font style="line-height: inherit;"> today reported record results for the first quarter ended March 31, 2026 (&#8220;Q<font>1</font> <font>2026</font>&#8221;).</font></font></p>
<p style="text-align: justify; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><font style="line-height: inherit;">&#160;</font></b></font></p>
<div align="center" style="line-height: 1.2;">
<div id="t_ft_BYGJEZ1ZHC00000000000000000000b">
<table border="1" cellspacing="0" cellpadding="0" width="100%" style="width: 100%; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; border-image: initial; margin: 0px; text-indent: 0px; height: 120px; border: medium none currentcolor;">

<tr style="height: 10px;">
<td rowspan="2" valign="top" style="border-image: initial; padding: 0px 7px; height: 20px; box-shadow: none; margin: 0px; text-indent: 0px; border-width: 1px; border-color: windowtext !important; border-style: solid;">
<p style="margin: 0px; text-align: justify; break-after: auto; font-size: 10pt; font-family: 'Arial Narrow', sans-serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><font style="line-height: inherit;">Financial Highlights: </font></b></font></p>
<p style="text-align: justify; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><i><font style="line-height: inherit;">($ in millions, except per share amounts)</font></i><i></i></font></p>








 </td>
<td colspan="3" valign="top" style="border-image: initial; padding: 0in 0px; height: 10px; box-shadow: none; margin: 0px; text-indent: 0px; border-width: 1px; border-color: windowtext !important; border-style: solid;">
<p align="center" style="text-align: center; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><font style="line-height: inherit;">Three Months Ended&#160;</font></b></font><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><font style="line-height: inherit;">March 31,</font></b><b></b></font></p>








 </td>








 </tr>
<tr style="height: 10px;">
<td style="padding: 0in 0px; height: 10px; box-shadow: none; margin: 0px; text-indent: 0px; border-width: medium 1px 1px medium; border-color: currentcolor windowtext !important windowtext !important currentcolor; border-style: none solid solid none;">
<p align="center" style="text-align: center; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><font style="line-height: inherit;"><font>2026</font></font></b><b></b></font></p>








 </td>
<td style="padding: 0in 0px; height: 10px; box-shadow: none; margin: 0px; text-indent: 0px; border-width: medium 1px 1px medium; border-color: currentcolor windowtext !important windowtext !important currentcolor; border-style: none solid solid none;">
<p align="center" style="text-align: center; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><font style="line-height: inherit;"><font>2025</font></font></b><b></b></font></p>








 </td>
<td style="padding: 0in 0px; height: 10px; box-shadow: none; margin: 0px; text-indent: 0px; border-width: medium 1px 1px medium; border-color: currentcolor windowtext !important windowtext !important currentcolor; border-style: none solid solid none;">
<p align="center" style="text-align: center; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><font style="line-height: inherit;">% Change</font></b><b></b></font></p>








 </td>








 </tr>
<tr style="height: 15px; background-color: #cceeff;">
<td style="border-image: initial; padding: 0px 7px; height: 15px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 64%; border-width: medium 1px 1px 1px; border-color: currentcolor windowtext !important windowtext !important windowtext !important; border-style: none solid solid solid;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> Net Sales </font></p>








</td>
<td style="padding: 0in 0px; height: 15px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 12%; border-width: medium 1px 1px medium; border-color: currentcolor windowtext !important windowtext !important currentcolor; border-style: none solid solid none;">
<p align="center" style="text-align: center; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> $<font>345</font> </font></p>








</td>
<td style="padding: 0in 0px; height: 15px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 12%; border-width: medium 1px 1px medium; border-color: currentcolor windowtext !important windowtext !important currentcolor; border-style: none solid solid none;">
<p align="center" style="text-align: center; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> $<font>339</font> </font></p>








</td>
<td style="padding: 0in 0px; height: 15px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 12%; border-width: medium 1px 1px medium; border-color: currentcolor windowtext !important windowtext !important currentcolor; border-style: none solid solid none;">
<p align="center" style="text-align: center; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> +<font>2</font>% </font></p>








</td>








 </tr>
<tr style="height: 15px;">
<td style="border-image: initial; padding: 0px 7px; height: 15px; box-shadow: none; margin: 0px; text-indent: 0px; border-width: medium 1px 1px 1px; border-color: currentcolor windowtext !important windowtext !important windowtext !important; border-style: none solid solid solid;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> Gross Margin </font></p>








</td>
<td style="padding: 0in 0px; height: 15px; box-shadow: none; margin: 0px; text-indent: 0px; border-width: medium 1px 1px medium; border-color: currentcolor windowtext !important windowtext !important currentcolor; border-style: none solid solid none;">
<p align="center" style="text-align: center; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>65.1</font>% </font></p>








</td>
<td style="padding: 0in 0px; height: 15px; box-shadow: none; margin: 0px; text-indent: 0px; border-width: medium 1px 1px medium; border-color: currentcolor windowtext !important windowtext !important currentcolor; border-style: none solid solid none;">
<p align="center" style="text-align: center; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>63.7</font>% </font></p>








</td>
<td style="padding: 0in 0px; height: 15px; box-shadow: none; margin: 0px; text-indent: 0px; border-width: medium 1px 1px medium; border-color: currentcolor windowtext !important windowtext !important currentcolor; border-style: none solid solid none;">
<p align="center" style="text-align: center; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> +<font>140</font> bps </font></p>








</td>








 </tr>
<tr style="height: 15px; background-color: #cceeff;">
<td style="border-image: initial; padding: 0px 7px; height: 15px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: #cceeff; border-width: medium 1px 1px 1px; border-color: currentcolor windowtext !important windowtext !important windowtext !important; border-style: none solid solid solid;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Operating Income <i></i></font></p>








 </td>
<td style="padding: 0in 0px; height: 15px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: #cceeff; border-width: medium 1px 1px medium; border-color: currentcolor windowtext !important windowtext !important currentcolor; border-style: none solid solid none;">
<p align="center" style="text-align: center; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> $<font>74</font> </font></p>








</td>
<td style="padding: 0in 0px; height: 15px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: #cceeff; border-width: medium 1px 1px medium; border-color: currentcolor windowtext !important windowtext !important currentcolor; border-style: none solid solid none;">
<p align="center" style="text-align: center; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> $<font>75</font> </font></p>








</td>
<td style="padding: 0in 0px; height: 15px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: #cceeff; border-width: medium 1px 1px medium; border-color: currentcolor windowtext !important windowtext !important currentcolor; border-style: none solid solid none;">
<p align="center" style="text-align: center; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> (<font>1</font>%) </font></p>








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<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Operating Margin<i></i></font></p>








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<p align="center" style="text-align: center; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>21.5</font>% </font></p>








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<p align="center" style="text-align: center; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>22.2</font>% </font></p>








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<p align="center" style="text-align: center; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> (<font>70</font>) bps </font></p>








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<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> Net Income attributable to Interparfums, Inc. </font></p>








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<p align="center" style="text-align: center; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> $<font>43</font> </font></p>








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<p align="center" style="text-align: center; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> $<font>42</font> </font></p>








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<p align="center" style="text-align: center; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> +<font>2</font>% </font></p>








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<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> Diluted EPS </font></p>








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<p align="center" style="text-align: center; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> $<font>1.35</font> </font></p>








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<p align="center" style="text-align: center; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> $<font>1.32</font> </font></p>








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<p align="center" style="text-align: center; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> +<font>2</font>% </font></p>








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<p style="text-align: justify; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><i><font style="line-height: inherit;">The average dollar/euro exchange rate for the <font>2026</font> first quarter was <font>1.17</font> compared to <font>1.05</font> in the <font>2025</font> first quarter, leading to a positive <font>4.6</font>% foreign exchange impact.</font></i><i></i></font></p>








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<p style="text-align: justify; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><font style="line-height: inherit;">&#160;</font></b></font></p>
<p style="text-align: justify; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><font style="line-height: inherit;">Operational Commentary</font></b></font></p>
<p style="text-align: justify; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><font style="line-height: inherit;">Jean Madar, Chairman &amp; Chief Executive Officer of Interparfums, </font><font style="line-height: inherit;">stated, &#8220;</font><font style="line-height: inherit;">Our United States and European based operations each delivered year-over-year growth despite mixed results across the portfolio, </font><font style="line-height: inherit;">reflecting the strength of our business model, the appeal of our brands, and the disciplined execution of our strategy. We are navigating a dynamic global marketplace by p</font><font style="line-height: inherit;">roactively driving efficiencies across the Company in response to weakness in select regions, tariffs, and the effects of a normalizing market following years of significant global growth. </font><font style="line-height: inherit;">We are encouraged by the resiliency of the fragrance market and its strong underlying fundamentals.</font></font></p>
<p style="text-align: justify; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><font style="font-family: 'times new roman', times; line-height: inherit; font-size: 10pt;">&#160;</font></p>
<p style="margin: 0pt 0pt 10pt; text-align: justify; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2; text-indent: 0pt;"><font style="font-family: 'times new roman', times; line-height: inherit; font-size: 10pt;">&#8220;We generated higher sales across several key geographies, including our largest market North America where sales rose by <font>7</font>% reflecting continued market growth and the launch of several extensions, in particular for Coach.</font></p>
<p style="margin: 0px; text-align: justify; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2; text-indent: 0px;"><font style="font-family: 'times new roman', times; line-height: inherit; font-size: 10pt;">Sales in Central and South America increased by <font>23</font>%, driven by the success of women's and men's Coach franchises and the strength of the Montblanc&#160;<i>Legend</i> line.</font></p>
<p style="margin: 0px; text-align: justify; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2; text-indent: 0px;"><font style="font-family: 'times new roman', times; line-height: inherit; font-size: 10pt;"></font><font style="font-family: 'times new roman', times; line-height: inherit; font-size: 10pt;">Sales in Western Europe were flat behind slow consumer demand. Partially offsetting performance in these regions were sales declines in Eastern Europe, driven by operational difficulties in certain markets that disproportionately impacted Lanvin&#160;and Lacoste.</font></p>
<p style="margin: 0px; text-align: justify; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2; text-indent: 0px;"><font style="font-family: 'times new roman', times; line-height: inherit; font-size: 10pt;">Sales declines in the Middle East and Africa were due to the recent intensification of regional wars and conflicts, while lower Asia / Pacific sales were driven by distribution changes we implemented in <font>2025</font> in South Korea and India, along with softer consumer demand in Australia / New Zealand, partially offset by strong growth in China.</font></p>
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<p style="margin: 0in -5.4pt 0in 0in; text-align: justify; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><br></p>
<p style="text-align: justify; line-height: 1.2; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><font style="line-height: inherit;">&#8220;Consolidated sales growth for the <font>2026</font> first quarter was driven by strong performances from several of our top brands, led by Coach which grew <font>30</font>%, Montblanc up <font>14</font>%, </font><font style="line-height: inherit;">GUESS rose <font>11</font>%, and Roberto Cavalli posted a <font>32</font>% increase. Conversely, w</font><font style="line-height: inherit;">hile Jimmy Choo fragrance sales grew in the United States, overall brand net sales declined <font>4</font>%, largely due to a moderate downturn in certain European and Asian markets. </font></font></p>
<p style="text-align: justify; line-height: 1.2; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-family: 'times new roman', times; line-height: inherit; font-size: 10pt;">&#160;</font></p>
<p style="text-align: justify; line-height: 1.2; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-family: 'times new roman', times; line-height: inherit; font-size: 10pt;">&#8220;Lacoste declined <font>12</font>%, reflecting a high growth comparison from the prior year period&#8217;s <font>30</font>% innovation-led growth and weaker market conditions, especially in Eastern Europe. Donna Karan/DKNY net sales declined by a modest <font>3</font>% in the <font>2026</font> first quarter, similarly, reflecting a strong sales base in the first quarter of <font>2025</font>; however, sales of <i>Be Delicious Core</i> rebounded by <font>16</font>%, reflecting renewed consumer demand and strengthening momentum for the franchise.&#8221;</font></p>
<p style="text-align: justify; line-height: 1.2; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><font style="line-height: inherit;">&#160;</font></b></font></p>
<p style="text-align: justify; line-height: 1.2; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><font style="line-height: inherit;">Innovation Continues Across Portfolio</font></b></font></p>
<p style="text-align: justify; line-height: 1.2; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-family: 'times new roman', times; line-height: inherit; font-size: 10pt;">Mr. Madar continued, &#8220;Thus far in <font>2026</font>, we have successfully launched new line extensions across multiple brands, fortifying our market presence and attracting new audiences. These include: Jimmy Choo, <i>Man Parfum</i>; Coach, <i>Cherry</i> for women and <i>Platinum</i> for men; Montblanc, <i>Legend Elixir</i>; GUESS, <i>Iconic Sublime</i>; Lacoste, <i>Original Aqua</i>; Donna Karan/DKNY, <i>Cashmere &amp; Rose Absolu</i>; and Roberto Cavalli, <i>Uomo Verde Assoluto</i>. </font></p>
<p style="text-align: justify; line-height: 1.2; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-family: 'times new roman', times; line-height: inherit; font-size: 10pt;">&#160;</font></p>
<p style="text-align: justify; line-height: 1.2; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><font style="line-height: inherit;">&#8220;We expect to introduce additional fragrance extensions across our portfolio throughout the year anchored by these brands and Ferragamo, all while preparing for </font><font style="line-height: inherit;">new, blockbuster launches in <font>2027</font>.&#8221; </font></font></p>
<p style="text-align: justify; line-height: 1.2; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-family: 'times new roman', times; line-height: inherit; font-size: 10pt;">&#160;</font></p>
<p style="text-align: justify; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><font style="line-height: inherit;">ESG Strategy Delivers Strong Returns</font></b></font></p>
<p style="text-align: justify; line-height: 1.2; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-family: 'times new roman', times; line-height: inherit; font-size: 10pt;">&#8220;Our ESG strategy is strong, and we have seen a great return on our investment in this program,&#8221; said Mr. Madar. &#8220;Interparfums received its third consecutive&#160;ESG rating increase from MSCI and now sits at BBB. This upgrade was driven primarily by our enhanced measures to calculate and respond to financially material environmental and social risks that our business faces.&#8221;</font></p>
<p style="text-align: justify; line-height: 1.2; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-family: 'times new roman', times; line-height: inherit; font-size: 10pt;">&#160;</font></p>
<p style="text-align: justify; line-height: 1.2; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><font style="line-height: inherit;">Closing Remarks</font></b></font></p>
<p style="text-align: justify; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><font style="font-family: 'times new roman', times; line-height: inherit; font-size: 10pt;">Mr. Madar concluded, &#8220;We remain confident in our ability to navigate short-term volatility and deliver sustainable, long-term results, while upholding our commitment to our customers, brand partners, and consumers. We are laying a disciplined foundation to drive growth, strengthen execution, and capture value-creating opportunities.&#8221;</font></p>
<p style="margin: 0in -5.4pt 0in 0in; text-align: justify; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><font style="font-family: 'times new roman', times; line-height: inherit; font-size: 10pt;"><font style="line-height: inherit;">&#160;</font></font></p>
<p style="margin: 0in -5.4pt 0in 0in; text-align: justify; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><font style="line-height: inherit;">Financial Commentary</font></b></font></p>
<p style="text-align: justify; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><font style="font-family: 'times new roman', times; line-height: inherit; font-size: 10pt;">Michel Atwood, Chief Financial Officer of Interparfums, noted, &#8220;Our Q<font>1</font> <font>2026</font> results included sales of $<font>345</font> million, expanded gross margin, and improved net income and diluted earnings per diluted share (&#8220;EPS&#8221;). We ended the quarter in a strong financial position and our capital allocation strategy allowed us to continue to return capital to shareholders.&#8221;</font></p>
<p style="text-align: justify; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><font style="font-family: 'times new roman', times; line-height: inherit; font-size: 10pt;">&#160;</font></p>
<p style="margin: 0in -5.4pt 0in 0in; text-align: justify; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><font style="font-family: 'times new roman', times; line-height: inherit; font-size: 10pt;">Net sales from European and United States based operations rose to $<font>252</font> million and $<font>96</font> million, respectively, representing a <font>2</font>% reported increase for both compared to last year&#8217;s first quarter. Sales for European operations included a <font>5.5</font>% positive foreign exchange impact while United States operations sales included a <font>2.5</font>% positive foreign exchange impact.</font></p>
<p style="margin: 0in -5.4pt 0in 0in; text-align: justify; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><font style="font-family: 'times new roman', times; line-height: inherit; font-size: 10pt;">&#160;</font></p>
<p style="margin: 0in -5.4pt 0in 0in; text-align: justify; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><font style="font-family: 'times new roman', times; line-height: inherit; font-size: 10pt;">Consolidated gross margin for Q<font>1</font> <font>2026</font> was <font>65.1</font>%, up from <font>63.7</font>% in the prior period. The <font>140</font>-basis point improvement was driven by a favorable segment, brand, and channel mix as well as lower than expected destruction costs, which were partially offset by tariffs. </font></p>
<p style="margin: 0in -5.4pt 0in 0in; text-align: justify; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><font style="font-family: 'times new roman', times; line-height: inherit; font-size: 10pt;">&#160;</font></p>
<p style="margin: 0in -5.4pt 0in 0in; text-align: justify; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><font style="font-family: 'times new roman', times; line-height: inherit; font-size: 10pt;">Selling, General and Administrative (&#8220;SG&amp;A&#8221;) expenses as a percentage of net sales rose to <font>43.6</font>% in Q<font>1</font> <font>2026</font> from <font>41.6</font>% in the prior year period, primarily due to royalty costs growing ahead of sales driven by unfavorable brand mix, as well as higher logistics costs related to supply chain transitions and channel mix.</font></p>
<p style="margin: 0in -5.4pt 0in 0in; text-align: justify; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><font style="font-family: 'times new roman', times; line-height: inherit; font-size: 10pt;">&#160;</font></p>
<p style="margin: 0in -5.4pt 0in 0in; text-align: justify; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><font style="font-family: 'times new roman', times; line-height: inherit; font-size: 10pt;">The Company continues to invest in both its current brand portfolio and in advance of new introductions planned for <font>2027</font> and beyond. Advertising and Promotional (&#8220;A&amp;P&#8221;) expense was stable at $<font>52</font> million, representing approximately <font>15</font>% of net sales for both the current and prior year periods. </font></p>
<p style="margin: 0in -2.15pt 0in 0in; text-align: justify; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><font style="font-family: 'times new roman', times; line-height: inherit; font-size: 10pt;">&#160;</font></p>
<p style="margin: 0in -2.15pt 0in 0in; text-align: justify; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><font style="font-family: 'times new roman', times; line-height: inherit; font-size: 10pt;">Operating income was $<font>74</font> million, yielding an operating margin of <font>21.5</font>%, compared to operating income of $<font>75</font> million, or <font>22.2</font>%, in last year&#8217;s first quarter. The Company realized a gain of $<font>1.1</font> million in other income and expenses compared to a loss of $<font>1.7</font> million in the prior year period. </font></p>
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<p style="margin: 0in -2.15pt 0in 0in; text-align: justify; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><font style="font-family: 'times new roman', times; line-height: inherit; font-size: 10pt;">Consolidated effective tax rate was stable at <font>24.6</font>% compared to <font>24.5</font>% in the prior year period.</font></p>
<p style="margin: 0in -2.15pt 0in 0in; text-align: justify; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><font style="font-family: 'times new roman', times; line-height: inherit; font-size: 10pt;">&#160;</font></p>
<p style="margin: 0in -2.15pt 0in 0in; text-align: justify; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><font style="font-family: 'times new roman', times; line-height: inherit; font-size: 10pt;">Net income attributable to Interparfums, Inc. in Q<font>1</font> <font>2026</font> improved to $<font>43</font> million, or $<font>1.35</font> per diluted share, representing an increase of <font>2</font>% compared to net income of $<font>42</font> million, or $<font>1.32</font> per diluted share in last year&#8217;s first quarter. As a percentage of sales, net income rose to <font>12.6</font>% compared to <font>12.5</font>% in the prior year period.</font></p>
<p style="margin: 0px; text-align: justify; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2; text-indent: 0px;"><br></p>
<p style="text-align: justify; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><font style="line-height: inherit; font-size: 10pt; font-family: 'times new roman', times;"><font style="line-height: inherit;"><b><font style="line-height: inherit;">Strong Cash Position</font></b></font></font></p>
<p style="text-align: justify; line-height: 1.2; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><font style="line-height: inherit;"><font style="line-height: inherit;"><font style="line-height: inherit;">Mr. Atwood continued, &#8220;As of March 31, 2026, we reported $<font>237</font> million in cash, cash equivalents and short-term investments, and working capital of $<font>692</font> million. Operating cash flow was positive compared to cash outflow from operating activities of $<font>7.4</font> million in last year&#8217;s first quarter. We continue to drive inventory efficiencies, reducing inventory days on hand by <font>17</font> days to <font>259</font> days compared to the prior year period. Long-term debt approximated $<font>157</font> million.&#8221;</font></font></font></font></p>
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><font style="line-height: inherit; font-size: 10pt; font-family: 'times new roman', times;"><font style="line-height: inherit;"><b><font style="line-height: inherit;">&#160;</font></b></font></font></p>
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><font style="line-height: inherit; font-size: 10pt; font-family: 'times new roman', times;"><font style="line-height: inherit;"><b><font style="line-height: inherit;">Reaffirms <font>2026</font> Guidance</font></b></font></font></p>
<p style="text-align: justify; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><font style="line-height: inherit;"><font style="line-height: inherit;"><font style="line-height: inherit;">Mr. Atwood concluded, &#8220;We are maintaining our <font>2026</font> outlook of $<font>1.48</font></font></font></font> <font style="line-height: inherit;"><font style="line-height: inherit;"><font style="line-height: inherit;">billion in sales and EPS of $<font>4.85</font>. Our cautious optimism for the balance of <font>2026</font> reflects the confidence in the </font></font></font><font style="line-height: inherit;"><font style="line-height: inherit;"><font style="line-height: inherit;">underlying strength of our business model, the broadening appeal of our current brand portfolio, and the actions we are taking to mitigate macro pressures. We are keeping a close eye on </font></font></font><font style="line-height: inherit;"><font style="line-height: inherit;"><font style="line-height: inherit;">global developments, including the war in the Middle East and any effects of inflation on supplier pricing adjustments and consumer behavior. We remain proactive in addressing the impact of tariffs on our cost structure, while also monitoring the potential for tariff refunds that may occur this year.<font style="line-height: inherit;">&#160; </font></font></font></font></font></p>
<p style="text-align: justify; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><font style="line-height: inherit; font-size: 10pt; font-family: 'times new roman', times;"><font style="line-height: inherit;"><font style="line-height: inherit;">&#160;</font></font></font></p>
<p style="text-align: justify; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><font style="line-height: inherit; font-size: 10pt; font-family: 'times new roman', times;"><font style="line-height: inherit;"><font style="line-height: inherit;">Guidance assumes that the average dollar/euro exchange rate remains at current levels.</font></font></font></p>
<p style="text-align: justify; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><font style="line-height: inherit; font-size: 10pt; font-family: 'times new roman', times;"><b style="mso-bidi-font-weight: normal;"><font style="line-height: inherit;">&#160;</font></b></font></p>
<p style="text-align: justify; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><font style="line-height: inherit; font-size: 10pt; font-family: 'times new roman', times;"><b style="mso-bidi-font-weight: normal;"><font style="line-height: inherit;">Dividend </font></b></font></p>
<p style="text-align: justify; line-height: 1.2; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="line-height: inherit; font-size: 10pt; font-family: 'times new roman', times;"><font style="line-height: inherit;">The Company&#8217;s regular quarterly cash dividend of $<font>0.80</font> per share will be paid on June 30, 2026, to shareholders of record on June 15, 2026.</font></font></p>
<p style="text-align: justify; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><font style="line-height: inherit; font-size: 10pt; font-family: 'times new roman', times;"><b style="mso-bidi-font-weight: normal;"><font style="line-height: inherit;">&#160;</font></b></font></p>
<p style="text-align: justify; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><font style="line-height: inherit;"><b style="mso-bidi-font-weight: normal;"><font style="line-height: inherit;">Conference Call</font></b></font></font></p>
<p style="text-align: justify; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><font style="line-height: inherit; font-size: 10pt; font-family: 'times new roman', times;"><font style="line-height: inherit;">Management will host a conference call to discuss financial results and business operations beginning at <font>11</font>:<font>00</font> am ET on Wednesday, May 6, 2026.</font></font></p>
<p style="text-align: justify; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><font style="line-height: inherit; font-size: 10pt; font-family: 'times new roman', times;"><font style="line-height: inherit;">&#160;</font></font></p>
<p style="margin: 0in 0in 6pt; text-align: justify; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><font style="font-family: 'times new roman', times; line-height: inherit; font-size: 10pt;">Interested parties may participate in the live call by dialing: </font></p>
<p style="margin: 0in 0in 0in 0.5in; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><font style="font-family: 'times new roman', times; line-height: inherit; font-size: 10pt;">U.S. / Toll-free:<font style="line-height: inherit;">&#160; </font>(<font>877</font>) <font>423</font>-<font>9820</font></font></p>
<p style="margin: 0in 0in 0in 0.5in; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><font style="font-family: 'times new roman', times; line-height: inherit; font-size: 10pt;">International:<font style="line-height: inherit;">&#160;&#160;&#160;&#160; </font>(<font>201</font>) <font>493</font>-<font>6749</font></font></p>
<p style="text-align: justify; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><font style="font-family: 'times new roman', times; line-height: inherit; font-size: 10pt;">&#160;</font></p>
<p style="text-align: justify; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><font style="font-family: 'times new roman', times; line-height: inherit; font-size: 10pt;">Participants are asked to dial in approximately <font>10</font> minutes before the conference call is scheduled to begin.</font></p>
<p style="text-align: justify; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><font style="font-family: 'times new roman', times; line-height: inherit; font-size: 10pt;">&#160;</font></p>
<p style="text-align: justify; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><font style="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><font style="line-height: inherit;">www.interparfumsinc.com,</font><font style="line-height: inherit;"> or by clicking </font><font style="line-height: inherit;">here</font><font style="line-height: inherit;">. The conference call will be available for webcast replay for approximately <font>90</font> days following the live event.</font></font></p>
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<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b style="mso-bidi-font-weight: normal;"><font style="line-height: inherit;">About Interparfums, Inc.:</font></b></font></p>
<p style="text-align: justify; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><font style="font-family: 'times new roman', times; line-height: inherit; font-size: 10pt;">Operating in the global fragrance business since <font>1982</font>, Interparfums, Inc. produces and distributes a wide array of prestige fragrance and fragrance related products under license and other agreements with brand owners. The Company manages its business in <font>two</font> operating segments, European based operations, through its <font>72</font>% owned subsidiary, Interparfums SA, and United States based operations, through wholly owned subsidiaries in the United States and Italy.</font></p>
<p style="text-align: justify; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><font style="font-family: 'times new roman', times; line-height: inherit; font-size: 10pt;">&#160;</font></p>
<p style="text-align: justify; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><font style="font-family: 'times new roman', times; line-height: inherit; font-size: 10pt;">Our 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, Longchamp, MCM, Moncler, Montblanc, Oscar de la Renta, Roberto Cavalli, and Van Cleef &amp; Arpels, whose products are distributed in over <font>120</font> countries around the world through an extensive and diverse network of distributors. Interparfums, Inc. is also the registered owner of several trademarks including Lanvin, Rochas, and Solf&#233;rino. Goutal and Off-White joined the Company&#8217;s fragrance portfolio in <font>2026</font>.</font></p>
<p style="text-align: justify; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b style="mso-bidi-font-weight: normal;"><font style="line-height: inherit;">&#160;</font></b></font></p>
<p style="text-align: justify; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b style="mso-bidi-font-weight: normal;"><font style="line-height: inherit;">Forward-Looking Statements:</font></b></font></p>
<p style="text-align: justify; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><font style="font-family: 'times new roman', times; line-height: inherit; font-size: 10pt;">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,&#8221; "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 Interparfums' annual report on Form 10-K for the fiscal year ended December 31, 2025, and the reports Interparfums files from time to time with the Securities and Exchange Commission. Interparfums does not intend to and undertakes no duty to update the information contained in this press release.</font></p>
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<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><font style="color: #000000; line-height: inherit;">Contact Information:</font></b></font></p>
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<p style="padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;"><font style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; 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-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Interparfums, Inc.</font><font style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; 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-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; line-height: inherit;"><br><font style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; 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-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Michel Atwood</font><br><font style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; 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-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Chief Financial Officer</font>&#160;<br><font style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; 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-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(<font>212</font>) <font>983</font>-<font>2640</font></font></font></p>
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><font style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; 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-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; line-height: inherit;"><font style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; 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-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">www.interparfumsinc.com</font></font></p>








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<td style="height: 17px; vertical-align: top; width: 7.05057%; box-shadow: none; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;" valign="top"><font style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; 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-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">or</font></td>
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<p style="margin: 0px; color: #000000; 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; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman', serif; line-height: 1.2; padding-left: 0px; padding-right: 0px;"><font style="font-family: 'times new roman', times; color: #000000; line-height: inherit; font-size: 10pt;">The Equity Group<font>&#160;</font>Inc.<br><font style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; 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-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Devin Sullivan</font><br></font></p>
<p style="margin: 0px; color: #000000; 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; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman', serif; line-height: 1.2; padding-left: 0px; padding-right: 0px;"><font style="font-family: 'times new roman', times; color: #000000; line-height: inherit; font-size: 10pt;"><font style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; 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-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Investor Relations Counsel</font></font></p>
<p style="margin: 0px; color: #000000; 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; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman', serif; line-height: 1.2; padding-left: 0px; padding-right: 0px;"><font style="font-family: 'times new roman', times; color: #000000; line-height: inherit; font-size: 10pt;"><font style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; 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-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"><font style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; 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-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; line-height: inherit;">(<font>212</font>) <font>836</font>-<font>9608</font> /<font>&#160;</font></font><font style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; 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-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; line-height: inherit;"><font>dsullivan@theequitygroup.com</font></font></font></font></p>
<p style="margin: 0px; color: #000000; 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; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-family: 'Times New Roman', serif; line-height: 1.2; padding-left: 0px; padding-right: 0px;"><font style="font-family: 'times new roman', times; color: #000000; line-height: inherit; font-size: 10pt;"><font style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; 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-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"><font style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; 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-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; line-height: inherit;">www.theequitygroup.com</font></font></font></p>








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<p align="center" style="text-align: center; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">&#160;</font></p>
<p align="center" style="text-align: center; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">See Accompanying Tables</font></p>
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><br></p>
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<td class="pgno" style="padding: 0px; text-align: center; box-shadow: none;"><font style="font-size: 10pt;" class="pageno"><font class="pageno">4</font></font></td>








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<p align="center" style="text-align: center; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><i><font style="line-height: inherit;"><br></font></i></b></font></p>
<p align="center" style="text-align: center; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><i><font style="line-height: inherit;">INTERPARFUMS, INC. AND SUBSIDIARIES</font></i></b></font><font style="line-height: inherit; font-size: 10pt; font-family: 'times new roman', times;">&#160;</font></p>
<p align="center" style="text-align: center; line-height: 1.2; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><font style="line-height: inherit;"><b><i><font style="color: black; text-decoration: none; line-height: inherit;">CONSOLIDATED BALANCE SHEETS</font></i></b></font><b><i></i></b></font></p>
<p align="center" style="text-align: center; line-height: 1.2; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; line-height: inherit; font-family: 'times new roman', times;"><font style="font-style: italic;">&#160;(In thousands except share and per share data)</font></font></p>
<p align="center" style="text-align: center; line-height: 1.2; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; line-height: inherit; font-family: 'times new roman', times;">&#160;<i>(Unaudited)</i></font></p>
<p align="center" style="text-align: center; line-height: 1.2; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><i><font style="line-height: inherit;">&#160;</font></i></font></p>
<div id="t_ft_P6C4VFV5BK00000000000000000000b">
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="width: 100.17%; margin-left: 0.1px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; height: 418px;">

<tr style="height: 10px;">
<td valign="bottom" style="padding: 0in; height: 10px; box-shadow: none; width: 73.9689%;">
<p align="center" style="text-align: center; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><font style="color: #000000; line-height: inherit;">Assets</font></b></font></p>








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<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><font style="color: #000000; line-height: inherit;">&#160;</font></b></font></p>








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<td colspan="2" valign="bottom" style="padding: 0in; height: 10px; box-shadow: none; border-bottom: 1pt solid #000000; width: 11%;">
<p align="center" style="text-align: center; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><font style="color: #000000; line-height: inherit;">March 31</font></b></font></p>
<p align="center" style="text-align: center; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><font style="color: #000000; line-height: inherit;"><font>2026</font></font></b></font></p>








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<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><font style="color: #000000; line-height: inherit;">&#160;</font></b></font></p>








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<td valign="bottom" style="padding: 0in 0in 1.25pt; height: 10px; box-shadow: none; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><font style="color: #000000; line-height: inherit;">&#160;</font></b></font></p>








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<td colspan="2" valign="bottom" style="padding: 0in; height: 10px; box-shadow: none; border-bottom: 1pt solid #000000; width: 11%;">
<p align="center" style="text-align: center; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><font style="color: #000000; line-height: inherit;">December 31,</font></b></font></p>
<p align="center" style="text-align: center; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><font style="color: #000000; line-height: inherit;"><font>2025</font></font></b></font></p>








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<td style="padding: 0in; box-shadow: none; height: 10px; width: 1.0142%;"><br></td>








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<tr style="height: 10px; background-color: #cceeff;">
<td valign="bottom" style="padding: 0in; height: 10px; box-shadow: none; background-color: #cceeff; width: 73.9689%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><font style="color: #000000; line-height: inherit;">Current assets:</font></b></font></p>








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<td valign="bottom" style="padding: 0in; height: 10px; box-shadow: none; background-color: #cceeff; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 10px; box-shadow: none; background-color: #cceeff; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 10px; box-shadow: none; background-color: #cceeff; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 10px; box-shadow: none; background-color: #cceeff; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 10px; box-shadow: none; background-color: #cceeff; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 10px; box-shadow: none; background-color: #cceeff; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 10px; box-shadow: none; background-color: #cceeff; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td style="padding: 0in; box-shadow: none; background-color: #cceeff; width: 1.0142%; height: 10px;"><br></td>








 </tr>
<tr style="height: 7px;">
<td valign="bottom" style="padding: 0in 0in 0in 9.25pt; height: 7px; box-shadow: none; width: 73.9689%;">
<p style="text-indent: -9pt; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160;&#160; Cash and cash equivalents </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 7px; box-shadow: none; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 7px; box-shadow: none; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> $ </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 7px; box-shadow: none; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>79,864</font> </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 7px; box-shadow: none; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 7px; box-shadow: none; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 7px; box-shadow: none; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> $ </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 7px; box-shadow: none; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>158,091</font> </font></p>








</td>
<td style="padding: 0in; box-shadow: none; height: 7px; width: 1.0142%;"><br></td>








 </tr>
<tr style="height: 11px; background-color: #cceeff;">
<td valign="bottom" style="padding: 0in 0in 0in 9.25pt; height: 11px; box-shadow: none; background-color: #cceeff; width: 73.9689%;">
<p style="text-indent: -9pt; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160;&#160; Short-term investments </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>157,206</font> </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>137,093</font> </font></p>








</td>
<td style="padding: 0in; box-shadow: none; background-color: #cceeff; height: 11px; width: 1.0142%;"><br></td>








 </tr>
<tr style="height: 11px;">
<td valign="bottom" style="padding: 0in 0in 0in 9.25pt; height: 11px; box-shadow: none; width: 73.9689%;">
<p style="text-indent: -9pt; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160;&#160; Accounts receivable, net </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>332,731</font> </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>320,625</font> </font></p>








</td>
<td style="padding: 0in; box-shadow: none; height: 11px; width: 1.0142%;"><br></td>








 </tr>
<tr style="height: 11px; background-color: #cceeff;">
<td valign="bottom" style="padding: 0in 0in 0in 9.25pt; height: 11px; box-shadow: none; background-color: #cceeff; width: 73.9689%;">
<p style="text-indent: -9pt; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160;&#160; Inventories </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>369,630</font> </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>351,377</font> </font></p>








</td>
<td style="padding: 0in; box-shadow: none; background-color: #cceeff; height: 11px; width: 1.0142%;"><br></td>








 </tr>
<tr style="height: 11px;">
<td valign="bottom" style="padding: 0in 0in 0in 9.25pt; height: 11px; box-shadow: none; width: 73.9689%;">
<p style="text-indent: -9pt; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160;&#160; Receivables, other </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>5,853</font> </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>9,014</font> </font></p>








</td>
<td style="padding: 0in; box-shadow: none; height: 11px; width: 1.0142%;"><br></td>








 </tr>
<tr style="height: 7px; background-color: #cceeff;">
<td valign="bottom" style="padding: 0in 0in 0in 9.25pt; height: 7px; box-shadow: none; background-color: #cceeff; width: 73.9689%;">
<p style="text-indent: -9pt; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160;&#160; Other current assets </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 7px; box-shadow: none; background-color: #cceeff; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 7px; box-shadow: none; background-color: #cceeff; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 7px; box-shadow: none; background-color: #cceeff; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>44,669</font> </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 7px; box-shadow: none; background-color: #cceeff; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 7px; box-shadow: none; background-color: #cceeff; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 7px; box-shadow: none; background-color: #cceeff; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 7px; box-shadow: none; background-color: #cceeff; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>39,954</font> </font></p>








</td>
<td style="padding: 0in; box-shadow: none; background-color: #cceeff; height: 7px; width: 1.0142%;"><br></td>








 </tr>
<tr style="height: 7px;">
<td valign="bottom" style="padding: 0in 0in 0in 9.25pt; height: 7px; box-shadow: none; width: 73.9689%;">
<p style="text-indent: -9pt; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160;&#160; Income taxes receivable </font></p>








</td>
<td valign="bottom" style="padding: 0in 0in 1.25pt; height: 7px; box-shadow: none; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 7px; box-shadow: none; border-bottom: 1pt solid #000000; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 7px; box-shadow: none; border-bottom: 1pt solid #000000; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>7,814</font> </font></p>








</td>
<td valign="bottom" style="padding: 0in 0in 1.25pt; height: 7px; box-shadow: none; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in 0in 1.25pt; height: 7px; box-shadow: none; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 7px; box-shadow: none; border-bottom: 1pt solid #000000; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 7px; box-shadow: none; border-bottom: 1pt solid #000000; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>11,211</font> </font></p>








</td>
<td style="padding: 0in; box-shadow: none; height: 7px; width: 1.0142%;"><br></td>








 </tr>
<tr style="height: 11px; background-color: #cceeff;">
<td valign="bottom" style="padding: 0in 0in 0in 9.25pt; height: 11px; box-shadow: none; background-color: #cceeff; width: 73.9689%;">
<p style="text-indent: -9pt; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160;&#160;&#160;&#160;&#160; Total current assets </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>997,767</font> </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>1,027,365</font> </font></p>








</td>
<td style="padding: 0in; box-shadow: none; background-color: #cceeff; height: 11px; width: 1.0142%;"><br></td>








 </tr>
<tr style="height: 11px;">
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 73.9689%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><font style="color: #000000; line-height: inherit;">Property, equipment and leasehold improvements, net</font></b></font></p>








 </td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>179,389</font> </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>184,891</font> </font></p>








</td>
<td style="padding: 0in; box-shadow: none; height: 11px; width: 1.0142%;"><br></td>








 </tr>
<tr style="height: 11px; background-color: #cceeff;">
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 73.9689%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><font style="color: #000000; line-height: inherit;">Right-of-use assets, net</font></b></font></p>








 </td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>22,229</font> </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>23,347</font> </font></p>








</td>
<td style="padding: 0in; box-shadow: none; background-color: #cceeff; height: 11px; width: 1.0142%;"><br></td>








 </tr>
<tr style="height: 11px;">
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 73.9689%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><font style="color: #000000; line-height: inherit;">Trademarks, licenses and other intangible assets, net</font></b></font></p>








 </td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>317,032</font> </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>325,185</font> </font></p>








</td>
<td style="padding: 0in; box-shadow: none; height: 11px; width: 1.0142%;"><br></td>








 </tr>
<tr style="height: 11px; background-color: #cceeff;">
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 73.9689%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><font style="color: #000000; line-height: inherit;">Deferred tax assets</font></b></font></p>








 </td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>5,311</font> </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>4,234</font> </font></p>








</td>
<td style="padding: 0in; box-shadow: none; background-color: #cceeff; height: 11px; width: 1.0142%;"><br></td>








 </tr>
<tr style="height: 12px;">
<td valign="bottom" style="padding: 0in; height: 12px; box-shadow: none; width: 73.9689%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><font style="color: #000000; line-height: inherit;">Other assets</font></b></font></p>








 </td>
<td valign="bottom" style="padding: 0in 0in 1.25pt; height: 12px; box-shadow: none; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 12px; box-shadow: none; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 12px; box-shadow: none; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>21,055</font> </font></p>








</td>
<td valign="bottom" style="padding: 0in 0in 1.25pt; height: 12px; box-shadow: none; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in 0in 1.25pt; height: 12px; box-shadow: none; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 12px; box-shadow: none; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 12px; box-shadow: none; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>20,226</font> </font></p>








</td>
<td style="padding: 0in; box-shadow: none; height: 12px; width: 1.0142%;"><br></td>








 </tr>
<tr style="height: 7px; background-color: #cceeff;">
<td valign="bottom" style="padding: 0in 0in 0in 9.25pt; height: 7px; box-shadow: none; background-color: #cceeff; width: 73.9689%;">
<p style="text-indent: -9pt; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><font style="color: #000000; line-height: inherit;"><font style="line-height: inherit;">&#160;&#160;&#160;&#160;&#160; </font>Total assets</font></b></font></p>








 </td>
<td valign="bottom" style="padding: 0in 0in 2.75pt; height: 7px; box-shadow: none; background-color: #cceeff; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 7px; box-shadow: none; background-color: #cceeff; width: 1%; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> $ </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 7px; box-shadow: none; background-color: #cceeff; width: 10%; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>1,542,783</font> </font></p>








</td>
<td valign="bottom" style="padding: 0in 0in 2.75pt; height: 7px; box-shadow: none; background-color: #cceeff; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in 0in 2.75pt; height: 7px; box-shadow: none; background-color: #cceeff; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 7px; box-shadow: none; background-color: #cceeff; width: 1%; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> $ </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 7px; box-shadow: none; background-color: #cceeff; width: 10%; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>1,585,248</font> </font></p>








</td>
<td style="padding: 0in; box-shadow: none; background-color: #cceeff; height: 7px; width: 1.0142%;"><br></td>








 </tr>
<tr style="height: 12px;">
<td valign="bottom" style="padding: 0in 0in 0in 9.25pt; height: 12px; box-shadow: none; width: 73.9689%;">
<p align="center" style="text-align: center; text-indent: -9pt; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><font style="color: #000000; line-height: inherit;">Liabilities and Equity</font></b></font></p>








 </td>
<td valign="bottom" style="padding: 0in; height: 12px; box-shadow: none; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 12px; box-shadow: none; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 12px; box-shadow: none; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 12px; box-shadow: none; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 12px; box-shadow: none; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 12px; box-shadow: none; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 12px; box-shadow: none; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td style="padding: 0in; box-shadow: none; height: 12px; width: 1.0142%;"><br></td>








 </tr>
<tr style="height: 11px; background-color: #cceeff;">
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 73.9689%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><font style="color: #000000; line-height: inherit;">Current liabilities:</font></b></font></p>








 </td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td style="padding: 0in; box-shadow: none; background-color: #cceeff; height: 11px; width: 1.0142%;"><br></td>








 </tr>
<tr style="height: 11px;">
<td valign="bottom" style="padding: 0in 0in 0in 9.25pt; height: 11px; box-shadow: none; width: 73.9689%;">
<p style="text-indent: -9pt; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160;&#160; Loans payable - banks </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> $ </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>4,599</font> </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> $ </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>9,400</font> </font></p>








</td>
<td style="padding: 0in; box-shadow: none; height: 11px; width: 1.0142%;"><br></td>








 </tr>
<tr style="height: 11px; background-color: #cceeff;">
<td valign="bottom" style="padding: 0in 0in 0in 9.25pt; height: 11px; box-shadow: none; background-color: #cceeff; width: 73.9689%;">
<p style="text-indent: -9pt; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160;&#160; Current portion of long-term debt </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>50,158</font> </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>54,774</font> </font></p>








</td>
<td style="padding: 0in; box-shadow: none; background-color: #cceeff; height: 11px; width: 1.0142%;"><br></td>








 </tr>
<tr style="height: 11px;">
<td valign="bottom" style="padding: 0in 0in 0in 9.25pt; height: 11px; box-shadow: none; width: 73.9689%;">
<p style="text-indent: -9pt; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160;&#160; Current portion of lease liabilities </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>6,212</font> </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>6,326</font> </font></p>








</td>
<td style="padding: 0in; box-shadow: none; height: 11px; width: 1.0142%;"><br></td>








 </tr>
<tr style="height: 11px; background-color: #cceeff;">
<td valign="bottom" style="padding: 0in 0in 0in 9.25pt; height: 11px; box-shadow: none; background-color: #cceeff; width: 73.9689%;">
<p style="text-indent: -9pt; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160;&#160; Accounts payable - trade </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>85,342</font> </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>77,210</font> </font></p>








</td>
<td style="padding: 0in; box-shadow: none; background-color: #cceeff; height: 11px; width: 1.0142%;"><br></td>








 </tr>
<tr style="height: 11px;">
<td valign="bottom" style="padding: 0in 0in 0in 9.25pt; height: 11px; box-shadow: none; width: 73.9689%;">
<p style="text-indent: -9pt; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160;&#160; Accrued expenses </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>150,836</font> </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>189,622</font> </font></p>








</td>
<td style="padding: 0in; box-shadow: none; height: 11px; width: 1.0142%;"><br></td>








 </tr>
<tr style="height: 12px; background-color: #cceeff;">
<td valign="bottom" style="padding: 0in 0in 0in 9.25pt; height: 12px; box-shadow: none; background-color: #cceeff; width: 73.9689%;">
<p style="text-indent: -9pt; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160;&#160; Income taxes payable </font></p>








</td>
<td valign="bottom" style="padding: 0in 0in 1.25pt; height: 12px; box-shadow: none; background-color: #cceeff; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 12px; box-shadow: none; background-color: #cceeff; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 12px; box-shadow: none; background-color: #cceeff; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>8,781</font> </font></p>








</td>
<td valign="bottom" style="padding: 0in 0in 1.25pt; height: 12px; box-shadow: none; background-color: #cceeff; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in 0in 1.25pt; height: 12px; box-shadow: none; background-color: #cceeff; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 12px; box-shadow: none; background-color: #cceeff; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 12px; box-shadow: none; background-color: #cceeff; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>6,671</font> </font></p>








</td>
<td style="padding: 0in; box-shadow: none; background-color: #cceeff; height: 12px; width: 1.0142%;"><br></td>








 </tr>
<tr style="height: 12px;">
<td valign="bottom" style="padding: 0in 0in 0in 9.25pt; height: 12px; box-shadow: none; width: 73.9689%;">
<p style="text-indent: -9pt; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160;&#160;&#160;&#160;&#160; Total current liabilities </font></p>








</td>
<td valign="bottom" style="padding: 0in 0in 1.25pt; height: 12px; box-shadow: none; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 12px; box-shadow: none; width: 1%; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 12px; box-shadow: none; width: 10%; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>305,928</font> </font></p>








</td>
<td valign="bottom" style="padding: 0in 0in 1.25pt; height: 12px; box-shadow: none; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in 0in 1.25pt; height: 12px; box-shadow: none; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 12px; box-shadow: none; width: 1%; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 12px; box-shadow: none; width: 10%; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>344,003</font> </font></p>








</td>
<td style="padding: 0in; box-shadow: none; height: 12px; width: 1.0142%;"><br></td>








 </tr>
<tr style="height: 12px; background-color: #cceeff;">
<td valign="bottom" style="padding: 0in; height: 12px; box-shadow: none; background-color: #cceeff; width: 73.9689%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><font style="color: #000000; line-height: inherit;">Long&#8211;term debt, less current portion</font></b></font></p>








 </td>
<td valign="bottom" style="padding: 0in 0in 1.25pt; height: 12px; box-shadow: none; background-color: #cceeff; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 12px; box-shadow: none; background-color: rgb(204, 238, 255); width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 12px; box-shadow: none; background-color: rgb(204, 238, 255); width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>107,190</font> </font></p>








</td>
<td valign="bottom" style="padding: 0in 0in 1.25pt; height: 12px; box-shadow: none; background-color: #cceeff; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in 0in 1.25pt; height: 12px; box-shadow: none; background-color: #cceeff; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 12px; box-shadow: none; background-color: rgb(204, 238, 255); width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 12px; box-shadow: none; background-color: rgb(204, 238, 255); width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>121,254</font> </font></p>








</td>
<td style="padding: 0in; box-shadow: none; background-color: #cceeff; height: 12px; width: 1.0142%;"><br></td>








 </tr>
<tr style="height: 12px;">
<td valign="bottom" style="padding: 0in; height: 12px; box-shadow: none; width: 73.9689%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><font style="color: #000000; line-height: inherit;">Lease liabilities, less current portion</font></b></font></p>








 </td>
<td valign="bottom" style="padding: 0in 0in 1.25pt; height: 12px; box-shadow: none; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 12px; box-shadow: none; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 12px; box-shadow: none; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>14,609</font> </font></p>








</td>
<td valign="bottom" style="padding: 0in 0in 1.25pt; height: 12px; box-shadow: none; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in 0in 1.25pt; height: 12px; box-shadow: none; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 12px; box-shadow: none; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 12px; box-shadow: none; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>15,967</font> </font></p>








</td>
<td style="padding: 0in; box-shadow: none; height: 12px; width: 1.0142%;"><br></td>








 </tr>
<tr style="height: 12px; background-color: #cceeff;">
<td valign="bottom" style="padding: 0in; height: 12px; box-shadow: none; background-color: #cceeff; width: 73.9689%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><font style="color: #000000; line-height: inherit;">Deferred tax liabilities</font></b></font></p>








 </td>
<td valign="bottom" style="padding: 0in 0in 1.25pt; height: 12px; box-shadow: none; background-color: #cceeff; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 12px; box-shadow: none; background-color: rgb(204, 238, 255); width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 12px; box-shadow: none; background-color: rgb(204, 238, 255); width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>2,504</font> </font></p>








</td>
<td valign="bottom" style="padding: 0in 0in 1.25pt; height: 12px; box-shadow: none; background-color: #cceeff; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in 0in 1.25pt; height: 12px; box-shadow: none; background-color: #cceeff; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 12px; box-shadow: none; background-color: rgb(204, 238, 255); width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 12px; box-shadow: none; background-color: rgb(204, 238, 255); width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><font> &#8212; </font></font></p>








</td>
<td style="padding: 0in; box-shadow: none; background-color: #cceeff; height: 12px; width: 1.0142%;"><br></td>








 </tr>
<tr style="height: 11px;">
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 73.9689%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><font style="color: #000000; line-height: inherit;">Equity:</font></b></font></p>








 </td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td style="padding: 0in; box-shadow: none; height: 11px; width: 1.0142%;"><br></td>








 </tr>
<tr style="height: 11px; background-color: #cceeff;">
<td valign="bottom" style="padding: 0in 0in 0in 9.25pt; height: 11px; box-shadow: none; background-color: #cceeff; width: 73.9689%;">
<p style="text-indent: -9pt; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> Interparfums, Inc. shareholders&#8217; equity: </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td style="padding: 0in; box-shadow: none; background-color: #cceeff; height: 11px; width: 1.0142%;"><br></td>








 </tr>
<tr style="height: 11px;">
<td valign="bottom" style="padding: 0in 0in 0in 18.25pt; height: 11px; box-shadow: none; width: 73.9689%;">
<p style="text-indent: -9pt; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> Preferred stock, $<font>0.001</font> par value. Authorized <font>1,000,000</font> shares: none issued </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"><font> &#8212; </font></font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"><font> &#8212; </font></font></p>








</td>
<td style="padding: 0in; box-shadow: none; height: 11px; width: 1.0142%;"><br></td>








 </tr>
<tr style="height: 7px; background-color: #cceeff;">
<td valign="bottom" style="padding: 0in 0in 0in 18.25pt; height: 7px; box-shadow: none; background-color: #cceeff; width: 73.9689%;">
<p style="text-indent: -9pt; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> Common stock, $<font>.001</font> par; authorized <font>100,000,000</font> shares; outstanding <font>32,025,781</font> and <font>32,067,285</font> shares at March 31, 2026 and December 31, 2025, respectively </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 7px; box-shadow: none; background-color: #cceeff; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 7px; box-shadow: none; background-color: #cceeff; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 7px; box-shadow: none; background-color: #cceeff; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>32</font> </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 7px; box-shadow: none; background-color: #cceeff; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 7px; box-shadow: none; background-color: #cceeff; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 7px; box-shadow: none; background-color: #cceeff; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 7px; box-shadow: none; background-color: #cceeff; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>32</font> </font></p>








</td>
<td style="padding: 0in; box-shadow: none; background-color: #cceeff; height: 7px; width: 1.0142%;"><br></td>








 </tr>
<tr style="height: 11px;">
<td valign="bottom" style="padding: 0in 0in 0in 18.25pt; height: 11px; box-shadow: none; width: 73.9689%;">
<p style="text-indent: -9pt; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> Additional paid-in capital </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>127,503</font> </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>127,541</font> </font></p>








</td>
<td style="padding: 0in; box-shadow: none; height: 11px; width: 1.0142%;"><br></td>








 </tr>
<tr style="height: 11px; background-color: #cceeff;">
<td valign="bottom" style="padding: 0in 0in 0in 18.25pt; height: 11px; box-shadow: none; background-color: #cceeff; width: 73.9689%;">
<p style="text-indent: -9pt; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> Retained earnings </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>846,631</font> </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; background-color: #cceeff; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>828,906</font> </font></p>








</td>
<td style="padding: 0in; box-shadow: none; background-color: #cceeff; height: 11px; width: 1.0142%;"><br></td>








 </tr>
<tr style="height: 11px;">
<td valign="bottom" style="padding: 0in 0in 0in 18.25pt; height: 11px; box-shadow: none; width: 73.9689%;">
<p style="text-indent: -9pt; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> Accumulated other comprehensive loss </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> (<font>21,853</font> </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 1.0142%;">)</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> (<font>9,029</font> </font></p>








</td>
<td style="padding: 0in; box-shadow: none; height: 11px; width: 1.0142%;">)</td>








 </tr>
<tr style="height: 7px; background-color: #cceeff;">
<td valign="bottom" style="padding: 0in 0in 0in 18.25pt; height: 7px; box-shadow: none; background-color: #cceeff; width: 73.9689%;">
<p style="text-indent: -9pt; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> Treasury stock, at cost, <font>9,078,844</font> and <font>9,032,840</font> shares at March 31, 2026 and December 31, 2025, respectively </font></p>








</td>
<td valign="bottom" style="padding: 0in 0in 1.25pt; height: 7px; box-shadow: none; background-color: #cceeff; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 7px; box-shadow: none; background-color: #cceeff; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 7px; box-shadow: none; background-color: #cceeff; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> (<font>70,670</font> </font></p>








</td>
<td valign="bottom" style="padding: 0in 0in 0.65pt; height: 7px; box-shadow: none; background-color: #cceeff; width: 1.0142%;">)</td>
<td valign="bottom" style="padding: 0in 0in 1.25pt; height: 7px; box-shadow: none; background-color: #cceeff; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 7px; box-shadow: none; background-color: #cceeff; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 7px; box-shadow: none; background-color: #cceeff; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> (<font>66,734</font> </font></p>








</td>
<td style="padding: 0in; box-shadow: none; background-color: #cceeff; height: 7px; width: 1.0142%; vertical-align: bottom;" valign="bottom">)</td>








 </tr>
<tr style="height: 11px;">
<td valign="bottom" style="padding: 0in 0in 0in 9.25pt; height: 11px; box-shadow: none; width: 73.9689%;">
<p style="text-indent: -9pt; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> Total Interparfums, Inc. shareholders&#8217; equity </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 1%; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 10%; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>881,643</font> </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 1%; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 11px; box-shadow: none; width: 10%; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>880,716</font> </font></p>








</td>
<td style="padding: 0in; box-shadow: none; height: 11px; width: 1.0142%;"><br></td>








 </tr>
<tr style="height: 10px; background-color: #cceeff;">
<td valign="bottom" style="padding: 0in 0in 0in 18.25pt; height: 10px; box-shadow: none; background-color: #cceeff; width: 73.9689%;">
<p style="text-indent: -9pt; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> Noncontrolling interest </font></p>








</td>
<td valign="bottom" style="padding: 0in 0in 1.25pt; height: 10px; box-shadow: none; background-color: #cceeff; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 10px; box-shadow: none; background-color: #cceeff; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 10px; box-shadow: none; background-color: #cceeff; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>230,909</font> </font></p>








</td>
<td valign="bottom" style="padding: 0in 0in 1.25pt; height: 10px; box-shadow: none; background-color: #cceeff; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in 0in 1.25pt; height: 10px; box-shadow: none; background-color: #cceeff; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 10px; box-shadow: none; background-color: #cceeff; width: 1%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 10px; box-shadow: none; background-color: #cceeff; width: 10%;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>223,308</font> </font></p>








</td>
<td style="padding: 0in; box-shadow: none; background-color: #cceeff; height: 10px; width: 1.0142%;"><br></td>








 </tr>
<tr style="height: 10px;">
<td valign="bottom" style="padding: 0in 0in 0in 9.25pt; height: 10px; box-shadow: none; width: 73.9689%;">
<p style="text-indent: -9pt; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> Total equity </font></p>








</td>
<td valign="bottom" style="padding: 0in 0in 1.25pt; height: 10px; box-shadow: none; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 10px; box-shadow: none; width: 1%; border-top: 1pt solid #000000;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 10px; box-shadow: none; width: 10%; border-top: 1pt solid #000000;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>1,112,552</font> </font></p>








</td>
<td valign="bottom" style="padding: 0in 0in 1.25pt; height: 10px; box-shadow: none; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in 0in 1.25pt; height: 10px; box-shadow: none; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 10px; box-shadow: none; width: 1%; border-top: 1pt solid #000000;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 10px; box-shadow: none; width: 10%; border-top: 1pt solid #000000;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>1,104,024</font> </font></p>








</td>
<td style="padding: 0in; box-shadow: none; height: 10px; width: 1.0142%;"><br></td>








 </tr>
<tr style="height: 10px; background-color: #cceeff;">
<td valign="bottom" style="padding: 0in; height: 10px; box-shadow: none; background-color: #cceeff; width: 73.9689%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><font style="color: #000000; line-height: inherit;">Total liabilities and equity</font></b></font></p>








 </td>
<td valign="bottom" style="padding: 0in 0in 2.75pt; height: 10px; box-shadow: none; background-color: #cceeff; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 10px; box-shadow: none; background-color: #cceeff; width: 1%; border-bottom: 2.8pt double #000000; border-top: 1pt solid #000000;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> $ </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 10px; box-shadow: none; background-color: #cceeff; width: 10%; border-bottom: 2.8pt double #000000; border-top: 1pt solid #000000;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>1,542,783</font> </font></p>








</td>
<td valign="bottom" style="padding: 0in 0in 2.75pt; height: 10px; box-shadow: none; background-color: #cceeff; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in 0in 2.75pt; height: 10px; box-shadow: none; background-color: #cceeff; width: 1.0142%;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 10px; box-shadow: none; background-color: #cceeff; width: 1%; border-bottom: 2.8pt double #000000; border-top: 1pt solid #000000;">
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> $ </font></p>








</td>
<td valign="bottom" style="padding: 0in; height: 10px; box-shadow: none; background-color: #cceeff; width: 10%; border-bottom: 2.8pt double #000000; border-top: 1pt solid #000000;">
<p align="right" style="text-align: right; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>1,585,248</font> </font></p>








</td>
<td style="padding: 0in; box-shadow: none; background-color: #cceeff; height: 10px; width: 1.0142%;"><br></td>








 </tr>

















 </table>








</div>
<p align="center" style="text-align: left; margin: 0pt;"><br></p>
<div>
<div id="t_ft_SNMUWUCKOG00000000000000000000b">
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center; box-shadow: none;"><font style="font-size: 10pt;" class="pageno"><font class="pageno">5</font></font></td>








 </tr>

















 </table>








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








 </div>
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><br></p>
<p align="center" style="text-align: center; line-height: 1.2; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><i><font style="line-height: inherit;">INTERPARFUMS, INC. AND SUBSIDIARIES</font></i></b></font><font style="font-size: 10pt; line-height: inherit; font-family: 'times new roman', times;">&#160;</font></p>
<p align="center" style="text-align: center; line-height: 1.2; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><font style="line-height: inherit;"><b><i><font style="color: #000000; text-decoration: none; line-height: inherit;">CONSOLIDATED STATEMENTS OF INCOME</font></i></b></font></font></p>
<p align="center" style="text-align: center; line-height: 1.2; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; line-height: inherit; font-family: 'times new roman', times;"><font style="font-style: italic;">(In thousands except per share data)</font></font></p>
<p align="center" style="text-align: center; line-height: 1.2; margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt; line-height: inherit; font-family: 'times new roman', times;">&#160;<i>(Unaudited)</i></font></p>
<div id="t_ft_RJWUT07ZOW00000000000000000000b">
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="width: 100%; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; margin: 0px; height: 457px; text-indent: 0px; border-image: initial; border: medium none currentcolor;">

<tr style="height: 12px;">
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 74.9402%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td colspan="6" valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 24.0335%;">
<p align="center" style="text-align: center; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><font style="line-height: inherit;"><b><font style="color: black; line-height: inherit;">Three Months Ended</font></b></font></font></p>








 </td>
<td style="padding: 0in 0px; box-shadow: none; height: 12px; margin: 0px; text-indent: 0px; width: 1.01675%;"><br></td>








 </tr>
<tr style="height: 12px;">
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 74.9402%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td colspan="6" valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 24.0335%;">
<p align="center" style="text-align: center; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><font style="line-height: inherit;"><b><font style="color: black; line-height: inherit;">March 31,</font></b></font></font></p>








 </td>
<td style="padding: 0in 0px; box-shadow: none; height: 12px; margin: 0px; text-indent: 0px; width: 1.01675%;"><br></td>








 </tr>
<tr style="height: 8px;">
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; width: 74.9402%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td colspan="2" valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; border-bottom: 1pt solid rgb(0, 0, 0); margin: 0px; text-indent: 0px; width: 11%;">
<p align="center" style="text-align: center; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><font style="line-height: inherit;"><b><font style="color: black; line-height: inherit;"><font>2026</font></font></b></font></font></p>








 </td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><font style="color: black; line-height: inherit;">&#160;</font></b></font></p>








 </td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><font style="color: black; line-height: inherit;">&#160;</font></b></font></p>








 </td>
<td colspan="2" valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; border-bottom: 1pt solid rgb(0, 0, 0); margin: 0px; text-indent: 0px; width: 11%;">
<p align="center" style="text-align: center; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><font style="line-height: inherit;"><b><font style="color: black; line-height: inherit;"><font>2025</font></font></b></font></font></p>








 </td>
<td style="padding: 0in 0px; box-shadow: none; height: 8px; margin: 0px; text-indent: 0px; width: 1.01675%;"><br></td>








 </tr>
<tr style="height: 8px;">
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; width: 74.9402%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td colspan="2" valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; width: 11%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td colspan="2" valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; width: 11%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td style="padding: 0in 0px; box-shadow: none; height: 8px; margin: 0px; text-indent: 0px; width: 1.01675%;"><br></td>








 </tr>
<tr style="height: 10px; background-color: #cceeff;">
<td valign="top" style="padding: 0in 0px; height: 10px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 74.9402%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><font style="color: black; line-height: inherit;">Net sales</font></b></font></p>








 </td>
<td valign="top" style="padding: 0in 0px; height: 10px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> $ </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 10px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>344,885</font> </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 10px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 10px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 10px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> $ </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 10px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>338,819</font> </font></p>








</td>
<td style="padding: 0in 0px; box-shadow: none; height: 10px; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1.01675%;"><br></td>








 </tr>
<tr style="height: 12px;">
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 74.9402%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td style="padding: 0in 0px; box-shadow: none; height: 12px; margin: 0px; text-indent: 0px; width: 1.01675%;"><br></td>








 </tr>
<tr style="height: 8px; background-color: #cceeff;">
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 74.9402%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><font style="color: black; line-height: inherit;">Cost of sales</font></b></font></p>








 </td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; border-bottom: 1pt solid rgb(0, 0, 0); margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; border-bottom: 1pt solid rgb(0, 0, 0); margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>120,246</font> </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; border-bottom: 1pt solid rgb(0, 0, 0); margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; border-bottom: 1pt solid rgb(0, 0, 0); margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>122,842</font> </font></p>








</td>
<td style="padding: 0in 0px; box-shadow: none; height: 8px; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1.01675%;"><br></td>








 </tr>
<tr style="height: 12px;">
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 74.9402%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td style="padding: 0in 0px; box-shadow: none; height: 12px; margin: 0px; text-indent: 0px; width: 1.01675%;"><br></td>








 </tr>
<tr style="height: 12px; background-color: #cceeff;">
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 74.9402%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><font style="color: black; line-height: inherit;">Gross margin</font></b></font></p>








 </td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>224,639</font> </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>215,977</font> </font></p>








</td>
<td style="padding: 0in 0px; box-shadow: none; height: 12px; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1.01675%;"><br></td>








 </tr>
<tr style="height: 12px;">
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 74.9402%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td style="padding: 0in 0px; box-shadow: none; height: 12px; margin: 0px; text-indent: 0px; width: 1.01675%;"><br></td>








 </tr>
<tr style="height: 12px; background-color: #cceeff;">
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 74.9402%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><font style="color: black; line-height: inherit;">Selling, general and administrative expenses</font></b></font></p>








 </td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>150,505</font> </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>140,900</font> </font></p>








</td>
<td style="padding: 0in 0px; box-shadow: none; height: 12px; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1.01675%;"><br></td>








 </tr>
<tr style="height: 12px;">
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 74.9402%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><font style="color: black; line-height: inherit;">&#160;</font></b></font></p>








 </td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td style="padding: 0in 0px; box-shadow: none; height: 12px; margin: 0px; text-indent: 0px; width: 1.01675%;"><br></td>








 </tr>
<tr style="height: 12px; background-color: #cceeff;">
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 74.9402%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><font style="color: black; line-height: inherit;">Income from operations</font></b></font></p>








 </td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; border-bottom: 1pt solid rgb(0, 0, 0); margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; border-bottom: 1pt solid rgb(0, 0, 0); margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>74,134</font> </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; border-bottom: 1pt solid rgb(0, 0, 0); margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; border-bottom: 1pt solid rgb(0, 0, 0); margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>75,077</font> </font></p>








</td>
<td style="padding: 0in 0px; box-shadow: none; height: 12px; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1.01675%;"><br></td>








 </tr>
<tr style="height: 12px;">
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 74.9402%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; border-width: medium; border-style: none; border-color: currentcolor; border-image: initial; width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; border-width: medium; border-style: none; border-color: currentcolor; border-image: initial; width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; border-width: medium; border-style: none; border-color: currentcolor; border-image: initial; width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; border-width: medium; border-style: none; border-color: currentcolor; border-image: initial; width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td style="padding: 0in 0px; box-shadow: none; height: 12px; margin: 0px; text-indent: 0px; border-width: medium; border-style: none; border-color: currentcolor; border-image: initial; width: 1.01675%;"><br></td>








 </tr>
<tr style="height: 12px; background-color: #cceeff;">
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 74.9402%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><font style="color: black; line-height: inherit;">Other expenses (income):</font></b></font></p>








 </td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td style="padding: 0in 0px; box-shadow: none; height: 12px; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1.01675%;"><br></td>








 </tr>
<tr style="height: 12px;">
<td valign="top" style="padding: 0px 0px 0px 24px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 74.9402%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> Interest expense </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="line-height: inherit; font-size: 10pt; font-family: 'times new roman', times;"> <font>1,434</font> </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>1,545</font> </font></p>








</td>
<td style="padding: 0in 0px; box-shadow: none; height: 12px; margin: 0px; text-indent: 0px; width: 1.01675%;"><br></td>








 </tr>
<tr style="height: 12px; background-color: #cceeff;">
<td valign="top" style="padding: 0px 0px 0px 24px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 74.9402%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> Loss on foreign currency </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="line-height: inherit; font-size: 10pt; font-family: 'times new roman', times;"> <font>102</font> </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1.01675%;"></td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>781</font> </font></p>








</td>
<td style="padding: 0in 0px; box-shadow: none; height: 12px; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1.01675%;"><br></td>








 </tr>
<tr style="height: 12px;">
<td valign="top" style="padding: 0px 0px 0px 24px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 74.9402%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> Interest and investment income </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="line-height: inherit; font-size: 10pt; font-family: 'times new roman', times;"> (<font>2,318</font> </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1.01675%;">)</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> (<font>581</font> </font></p>








</td>
<td style="padding: 0in 0px; box-shadow: none; height: 12px; margin: 0px; text-indent: 0px; width: 1.01675%;">)</td>








 </tr>
<tr style="height: 8px; background-color: #cceeff;">
<td valign="top" style="padding: 0px 0px 0px 24px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 74.9402%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> Other income </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; border-bottom: 1pt solid rgb(0, 0, 0); margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in 0px; height: 8px; box-shadow: none; border-bottom: 1pt solid rgb(0, 0, 0); margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="line-height: inherit; font-size: 10pt; font-family: 'times new roman', times;"> (<font>290</font> </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1.01675%;">)</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; border-bottom: 1pt solid rgb(0, 0, 0); margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; border-bottom: 1pt solid rgb(0, 0, 0); margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> (<font>79</font> </font></p>








</td>
<td style="padding: 0in 0px; box-shadow: none; height: 8px; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1.01675%;">)</td>








 </tr>
<tr style="height: 12px;">
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 74.9402%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><font style="color: black; line-height: inherit;">&#160;</font></b></font></p>








 </td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; border-width: medium; border-style: none; border-color: currentcolor; border-image: initial; width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; border-width: medium; border-style: none; border-color: currentcolor; border-image: initial; width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; border-width: medium; border-style: none; border-color: currentcolor; border-image: initial; width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; border-width: medium; border-style: none; border-color: currentcolor; border-image: initial; width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td style="padding: 0in 0px; box-shadow: none; height: 12px; margin: 0px; text-indent: 0px; border-width: medium; border-style: none; border-color: currentcolor; border-image: initial; width: 1.01675%;"><br></td>








 </tr>
<tr style="height: 8px; background-color: #cceeff;">
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 74.9402%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><font style="color: black; display: none; line-height: inherit;">Nonoperating Income (Expense)</font></b></font></p>








 </td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; border-bottom: 1pt solid rgb(0, 0, 0); margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; border-bottom: 1pt solid rgb(0, 0, 0); margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> (<font>1,072</font> </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1.01675%;">)</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; border-bottom: 1pt solid rgb(0, 0, 0); margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in 0px; height: 8px; box-shadow: none; border-bottom: 1pt solid rgb(0, 0, 0); margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> <font>1,666</font> </font></p>








</td>
<td style="padding: 0in 0px; box-shadow: none; height: 8px; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1.01675%;"><br></td>








 </tr>
<tr style="height: 12px;">
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 74.9402%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><font style="color: black; line-height: inherit;">&#160;</font></b></font></p>








 </td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; border-width: medium; border-style: none; border-color: currentcolor; border-image: initial; width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; border-width: medium; border-style: none; border-color: currentcolor; border-image: initial; width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; border-width: medium; border-style: none; border-color: currentcolor; border-image: initial; width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; border-width: medium; border-style: none; border-color: currentcolor; border-image: initial; width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td style="padding: 0in 0px; box-shadow: none; height: 12px; margin: 0px; text-indent: 0px; border-width: medium; border-style: none; border-color: currentcolor; border-image: initial; width: 1.01675%;"><br></td>








 </tr>
<tr style="height: 12px; background-color: #cceeff;">
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 74.9402%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><font style="color: black; line-height: inherit;">Income before income taxes</font></b></font></p>








 </td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> <font>75,206</font> </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> <font>73,411</font> </font></p>








</td>
<td style="padding: 0in 0px; box-shadow: none; height: 12px; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1.01675%;"><br></td>








 </tr>
<tr style="height: 12px;">
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 74.9402%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><font style="color: black; line-height: inherit;">&#160;</font></b></font></p>








 </td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td style="padding: 0in 0px; box-shadow: none; height: 12px; margin: 0px; text-indent: 0px; width: 1.01675%;"><br></td>








 </tr>
<tr style="height: 12px; background-color: #cceeff;">
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 74.9402%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> Income taxes </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; border-bottom: 1pt solid rgb(0, 0, 0); margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; border-bottom: 1pt solid rgb(0, 0, 0); margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> <font>18,503</font> </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; border-bottom: 1pt solid rgb(0, 0, 0); margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in 0px; height: 12px; box-shadow: none; border-bottom: 1pt solid rgb(0, 0, 0); margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> <font>18,008</font> </font></p>








</td>
<td style="padding: 0in 0px; box-shadow: none; height: 12px; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1.01675%;"><br></td>








 </tr>
<tr style="height: 12px;">
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 74.9402%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><font style="color: black; line-height: inherit;">&#160;</font></b></font></p>








 </td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td style="padding: 0in 0px; box-shadow: none; height: 12px; margin: 0px; text-indent: 0px; width: 1.01675%;"><br></td>








 </tr>
<tr style="height: 12px; background-color: #cceeff;">
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 74.9402%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><font style="color: black; line-height: inherit;">Net income</font></b></font></p>








 </td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>56,703</font> </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> <font>55,403</font> </font></p>








</td>
<td style="padding: 0in 0px; box-shadow: none; height: 12px; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1.01675%;"><br></td>








 </tr>
<tr style="height: 12px;">
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 74.9402%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><font style="color: black; line-height: inherit;">&#160;</font></b></font></p>








 </td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td style="padding: 0in 0px; box-shadow: none; height: 12px; margin: 0px; text-indent: 0px; width: 1.01675%;"><br></td>








 </tr>
<tr style="height: 10px; background-color: #cceeff;">
<td valign="top" style="padding: 0px 0px 0px 24px; height: 10px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 74.9402%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> Less:&#160;Net income attributable to the noncontrolling interest </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 10px; box-shadow: none; border-bottom: 1pt solid rgb(0, 0, 0); margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 10px; box-shadow: none; border-bottom: 1pt solid rgb(0, 0, 0); margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>13,337</font> </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 10px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 10px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 10px; box-shadow: none; border-bottom: 1pt solid rgb(0, 0, 0); margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in 0px; height: 10px; box-shadow: none; border-bottom: 1pt solid rgb(0, 0, 0); margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> <font>12,911</font> </font></p>








</td>
<td style="padding: 0in 0px; box-shadow: none; height: 10px; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1.01675%;"><br></td>








 </tr>
<tr style="height: 12px;">
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 74.9402%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><font style="color: black; line-height: inherit;">&#160;</font></b></font></p>








 </td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="bottom" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td style="padding: 0in 0px; box-shadow: none; height: 12px; margin: 0px; text-indent: 0px; width: 1.01675%;"><br></td>








 </tr>
<tr style="height: 8px; background-color: #cceeff;">
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 74.9402%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><font style="color: black; line-height: inherit;">Net income attributable to Interparfums, Inc.</font></b></font></p>








 </td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; border-bottom: 2.8pt double rgb(0, 0, 0); margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> $ </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; border-bottom: 2.8pt double rgb(0, 0, 0); margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>43,366</font> </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; border-bottom: 2.8pt double rgb(0, 0, 0); margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> $ </font></p>








</td>
<td valign="bottom" style="padding: 0in 0px; height: 8px; box-shadow: none; border-bottom: 2.8pt double rgb(0, 0, 0); margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> <font>42,492</font> </font></p>








</td>
<td style="padding: 0in 0px; box-shadow: none; height: 8px; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1.01675%;"><br></td>








 </tr>
<tr style="height: 8px;">
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; width: 74.9402%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td style="padding: 0in 0px; box-shadow: none; height: 8px; margin: 0px; text-indent: 0px; width: 1.01675%;"><br></td>








 </tr>
<tr style="height: 12px; background-color: #cceeff;">
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 74.9402%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><font style="color: black; line-height: inherit;">Earnings per share:</font></b></font></p>








 </td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td style="padding: 0in 0px; box-shadow: none; height: 12px; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1.01675%;"><br></td>








 </tr>
<tr style="height: 12px;">
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 74.9402%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td style="padding: 0in 0px; box-shadow: none; height: 12px; margin: 0px; text-indent: 0px; width: 1.01675%;"><br></td>








 </tr>
<tr style="height: 8px; background-color: #cceeff;">
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 74.9402%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><font style="color: black; line-height: inherit;">Net income attributable to Interparfums, Inc. common shareholders:</font></b></font></p>








 </td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td style="padding: 0in 0px; box-shadow: none; height: 8px; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1.01675%;"><br></td>








 </tr>
<tr style="height: 8px;">
<td valign="top" style="padding: 0px 0px 0px 24px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; width: 74.9402%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> Basic </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> $ </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>1.35</font> </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> $ </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>1.32</font> </font></p>








</td>
<td style="padding: 0in 0px; box-shadow: none; height: 8px; margin: 0px; text-indent: 0px; width: 1.01675%;"><br></td>








 </tr>
<tr style="height: 8px; background-color: #cceeff;">
<td valign="top" style="padding: 0px 0px 0px 24px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 74.9402%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> Diluted </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); border-bottom: 1pt solid rgb(0, 0, 0); width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> $ </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); border-bottom: 1pt solid rgb(0, 0, 0); width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>1.35</font> </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); border-bottom: 1pt solid rgb(0, 0, 0); width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> $ </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); border-bottom: 1pt solid rgb(0, 0, 0); width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>1.32</font> </font></p>








</td>
<td style="padding: 0in 0px; box-shadow: none; height: 8px; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1.01675%;"><br></td>








 </tr>
<tr style="height: 8px;">
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; width: 74.9402%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><font style="color: black; line-height: inherit;">&#160;</font></b></font></p>








 </td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td style="padding: 0in 0px; box-shadow: none; height: 8px; margin: 0px; text-indent: 0px; width: 1.01675%;"><br></td>








 </tr>
<tr style="height: 8px; background-color: #cceeff;">
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 74.9402%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><font style="color: black; line-height: inherit;">Weighted average number of shares outstanding:&#160;</font></b></font></p>








 </td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td style="padding: 0in 0px; box-shadow: none; height: 8px; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1.01675%;"><br></td>








 </tr>
<tr style="height: 8px;">
<td valign="top" style="padding: 0px 0px 0px 24px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; width: 74.9402%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> Basic </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>32,028</font> </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>32,121</font> </font></p>








</td>
<td style="padding: 0in 0px; box-shadow: none; height: 8px; margin: 0px; text-indent: 0px; width: 1.01675%;"><br></td>








 </tr>
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<td valign="top" style="padding: 0px 0px 0px 24px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 74.9402%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> Diluted </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); border-bottom: 1pt solid rgb(0, 0, 0); width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); border-bottom: 1pt solid rgb(0, 0, 0); width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>32,028</font> </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1%;border-bottom-width: 1pt ;border-bottom-style: solid ;border-bottom-color: #000000;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 12px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 10%;border-bottom-width: 1pt ;border-bottom-style: solid ;border-bottom-color: #000000;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>32,174</font> </font></p>








</td>
<td style="padding: 0in 0px; box-shadow: none; height: 12px; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1.01675%;"><br></td>








 </tr>
<tr style="height: 13px;">
<td valign="top" style="padding: 0in 0px; height: 13px; box-shadow: none; margin: 0px; text-indent: 0px; width: 74.9402%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 13px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 13px; box-shadow: none; margin: 0px; text-indent: 0px; width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 13px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 13px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 13px; box-shadow: none; margin: 0px; text-indent: 0px; width: 1%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 13px; box-shadow: none; margin: 0px; text-indent: 0px; width: 10%;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;"> &#160; </font></p>








</td>
<td style="padding: 0in 0px; box-shadow: none; height: 13px; margin: 0px; text-indent: 0px; width: 1.01675%;"><br></td>








 </tr>
<tr style="height: 8px; background-color: #cceeff;">
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 74.9402%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><b><font style="color: black; line-height: inherit;">Dividends declared per share</font></b></font></p>








 </td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1%;border-bottom-width: 1pt ;border-bottom-style: solid ;border-bottom-color: #000000;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> $ </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 10%;border-bottom-width: 1pt ;border-bottom-style: solid ;border-bottom-color: #000000;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>0.80</font> </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1.01675%;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> &#160; </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1%;border-bottom-width: 1pt ;border-bottom-style: solid ;border-bottom-color: #000000;">
<p style="margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; color: black; line-height: inherit;"> $ </font></p>








</td>
<td valign="top" style="padding: 0in 0px; height: 8px; box-shadow: none; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 10%;border-bottom-width: 1pt ;border-bottom-style: solid ;border-bottom-color: #000000;">
<p align="right" style="text-align: right; margin: 0px; font-size: 10pt; font-family: 'Times New Roman', serif; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> <font>0.80</font> </font></p>








</td>
<td style="padding: 0in 0px; box-shadow: none; height: 8px; margin: 0px; text-indent: 0px; background-color: rgb(204, 238, 255); width: 1.01675%;"><br></td>








 </tr>

















 </table>








</div>
<p style="margin: 0in; font-size: 10pt; font-family: 'Times New Roman', serif; line-height: 1.2;"><font lang="ES" style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">&#160;</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; box-shadow: none;"><font style="font-size: 10pt;" class="pageno"><font class="pageno">6</font></font></td>








</tr>

















</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"/></div>








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end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>10
<FILENAME>R1.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
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</head>
<body>
<span style="display: none;">v3.26.1</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Cover<br></strong></div></th>
<th class="th"><div>May 05, 2026</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">May  05,  2026<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">Interparfums, 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>
</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_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>
</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:stringItemType</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_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>
<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:submissionTypeItemType</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_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>
</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_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>
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