Company: IPAR
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001753926-25-001236
Chunk: 28

Company: INTERPARFUMS INC
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 7
Chunk 28
---
Gross margin

221,089

220,757

437,066

423,142

Selling, general and administrative expenses

161,913

155,929

302,813

290,341

Income from operations

59,176

64,828

134,253

132,801

Other expenses (income):

Interest expense

1,787

1,941

3,332

3,748

Loss (gain) on foreign currency

1,580

634

2,360

(270
)

Interest and investment loss (income)

1,929

1,076

1,349

(1,944
)

Other income

(245
)

(74
)

(324
)

(37
)

Nonoperating Income (Expense)

5,051

3,577

6,717

1,497

Income before income taxes

54,125

61,251

127,536

131,304

Income taxes

12,928

14,653

30,936

31,403

Net income

41,197

46,598

96,600

99,901

Less:  Net income attributable to the noncontrolling interest

9,209

9,775

22,120

22,030

Net income attributable to Interparfums, Inc.
 
$
31,988

$
36,823

$
74,480

$
77,871

Earnings per share:

Net income attributable to Interparfums, Inc. common shareholders:

Basic
 
$
1.00

$
1.15

$
2.32

$
2.43

Diluted
 
$
0.99

$
1.14

$
2.32

$
2.41

Weighted average number of shares outstanding: 

Basic

32,110

32,024

32,115

32,033

Diluted

32,149

32,266

32,162

32,266

Dividends declared per share
 
$
0.80

$
0.75

$
1.60

$
1.50

See notes to consolidated financial statements.

Page 3

INTERPARFUMS, INC. AND SUBSIDIARIES
 
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
 (In thousands)
(Unaudited)

Three Months Ended

Six Months Ended

June 30, 

June 30,

2025

2024