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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Net sales $ 144,824 $ 178,242
Cost of sales 55,783 68,401
Gross margin 89,041 109,841
Selling, general and administrative expenses 71,262 76,552
Income from operations 17,779 33,289
Other expenses (income):    
Interest expense 1,001 626
(Gain) loss on foreign currency (954) 151
Interest income (1,007) (1,906)
Other expenses (income) (960) (1,129)
Income before income taxes 18,739 34,418
Income taxes 5,440 9,440
Net income 13,299 24,978
Less: Net income attributable to the noncontrolling interest 3,240 6,084
Net income attributable to Inter Parfums, Inc. $ 10,059 $ 18,894
Net income attributable to Inter Parfums, Inc. common shareholders:    
Basic (in Dollars per share) $ 0.32 $ 0.60
Diluted (in Dollars per share) $ 0.32 $ 0.60
Weighted average number of shares outstanding:    
Basic (in Shares) 31,530 31,431
Diluted (in Shares) 31,708 31,679
Dividends declared per share (in Dollars per share) $ 0.33 $ 0.28