Segments and Geographic Areas

12 Months Ended

Dec. 31, 2016

Segments and Geographic Areas [Abstract]

Segment Reporting Disclosure [Text Block]

(14) Segments and Geographic Areas

The Company manufactures and distributes one product line, fragrances and fragrance related products. The Company manages its business in two segments, European based operations and United States based operations. The European assets are located, and operations are primarily conducted, in France. Both European and United States operations primarily represent the sale of prestige brand name fragrances.

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

	Year ended December 31,
	2016		2015		2014
Net sales:
United States	$	117,256	$	105,851	$	105,270
Europe		404,198		362,911		394,164
Eliminations of intercompany sales		(382)		(222)		(173)
	$	521,072	$	468,540	$	499,261
Net income attributable to Inter Parfums, Inc.:
United States	$	8,285	$	7,640	$	8,069
Europe		25,120		22,797		21,367
Eliminations		(74)		—		—
	$	33,331	$	30,437	$	29,436
Depreciation and amortization expense including impairment loss:
United States	$	1,816	$	1,583	$	1,554
Europe		13,525		7,495		8,612
	$	15,341	$	9,078	$	10,166
Interest and dividend income:
United States	$	22	$	18	$	3
Europe		3,309		2,977		3,885
	$	3,331	$	2,995	$	3,888
Interest expense:
United States	$	—	$	2	$	73
Europe		2,340		2,824		1,405
	$	2,340	$	2,826	$	1,478
Income tax expense:
United States	$	4,278	$	3,923	$	4,643
Europe		19,596		17,604		14,727
Eliminations		(48)		—		—
	$	23,826	$	21,527	$	19,370

	December 31,
	2016		2015		2014
Total assets:
United States	$	89,930	$	80,761	$	78,740
Europe		602,077		616,199		535,049
Eliminations of investment in subsidiary		(9,598)		(9,301)		(9,283)
	$	682,409	$	687,659	$	604,506
Additions to long-lived assets:
United States	$	930	$	1,283	$	1,165
Europe		4,812		122,663		3,059
	$	5,742	$	123,946	$	4,224
Total long-lived assets:
United States	$	12,247	$	13,133	$	13,433
Europe		181,697		197,535		94,285
	$	193,944	$	210,668	$	107,718
Deferred tax assets:
United States	$	194	$	365	$	396
Europe		7,848		6,817		6,452
Eliminations		48		-		-
	$	8,090	$	7,182	$	6,848

United States export sales were approximately $77.5 million, $66.3 million and $61.0 million in 2016, 2015 and 2014, respectively. Consolidated net sales to customers by region are as follows:

	Year ended December 31,
	2016		2015		2014
North America	$	149,600	$	125,700	$	125,900
Europe		192,800		170,600		177,900
Central and South America		43,900		41,100		57,700
Middle East		42,200		41,900		40,300
Asia		81,600		78,200		85,600
Other		11,000		11,000		11,900
	$	521,100	$	468,500	$	499,300

Consolidated net sales to customers in major countries are as follows:

	Year Ended December 31,
	2016		2015		2014
United States	$	144,000	$	122,000	$	119,000
United Kingdom	$	31,000	$	32,000	$	37,000
France	$	43,000	$	34,000	$	50,000