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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Net sales $ 713,514 $ 675,574 $ 591,251
Cost of sales 267,578 248,012 214,965
Gross margin 445,936 427,562 376,286
Selling, general, and administrative expenses 341,209 332,831 295,540
Impairment loss     2,123
Income from operations 104,727 94,731 78,623
Other expenses (income):      
Interest expense 2,146 2,578 1,992
Loss on foreign currency 1,128 251 1,549
Interest income (3,693) (3,957) (2,983)
Other expenses (income) (419) (1,128) 558
Income before income taxes 105,146 95,859 78,065
Income taxes 29,076 26,144 22,812
Net income 76,070 69,715 55,253
Less: Net income attributable to the noncontrolling interest 15,821 15,922 13,659
Net income attributable to Inter Parfums, Inc. $ 60,249 $ 53,793 $ 41,594
Net income attributable to Inter Parfums, Inc. common shareholders:      
Basic (in Dollars per share) $ 1.92 $ 1.72 $ 1.33
Diluted (in Dollars per share) $ 1.90 $ 1.71 $ 1.33
Weighted average number of shares outstanding:      
Basic (in Shares) 31,451,093 31,307,991 31,172,285
Diluted (in Shares) 31,688,700 31,522,371 31,305,101
Dividends declared per share (in Dollars per share) $ 1.16 $ 0.91 $ 0.72