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Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Income Statement [Abstract]        
Net sales $ 160,637 $ 191,227 $ 354,967 $ 535,712
Cost of sales 63,439 76,790 141,883 204,459
Gross margin 97,198 114,437 213,084 331,253
Selling, general and administrative expenses 65,841 77,793 169,471 238,860
Income from operations 31,357 36,644 43,613 92,393
Other expenses (income):        
Interest expense 148 384 1,510 1,214
(Gain) loss on foreign currency 891 121 (76) 818
Interest income (393) (562) (2,154) (2,886)
Other expenses (income) 646 (57) (720) (854)
Income before income taxes 30,711 36,701 44,333 93,247
Income taxes 8,859 10,043 12,165 26,012
Net income 21,852 26,658 32,168 67,235
Less: Net income attributable to the noncontrolling interest 5,314 5,810 8,688 15,176
Net income attributable to Inter Parfums, Inc. $ 16,538 $ 20,848 $ 23,480 $ 52,059
Net income attributable to Inter Parfums, Inc. common shareholders:        
Basic (in Dollars per share) $ 0.52 $ 0.66 $ 0.74 $ 1.66
Diluted (in Dollars per share) $ 0.52 $ 0.66 $ 0.74 $ 1.64
Weighted average number of shares outstanding:        
Basic (in Shares) 31,533 31,452 31,531 31,444
Diluted (in Shares) 31,619 31,676 31,651 31,681
Dividends declared per share (in Dollars per share) $ 0.28 $ 0.33 $ 0.83