Company: IPAR
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001753926-25-001236
Chunk: 43

Company: INTERPARFUMS INC
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 7
Chunk 43
---

113,532

323,534

437,066

Less: (b)

Advertising and Promotion

15,902

52,939

31,289

89,079

Employee related costs

13,350

18,475

27,215

36,663

Royalties

7,235

20,470

14,273

41,493

Other segment items (c)

9,521

24,021

18,149

44,652

Segment income from operations

$
12,145

$
47,031

$
59,176

$
22,606

$
111,647

$
134,253

Reconciliation:

Interest expense

1,787

3,332

Loss on foreign currency

1,580

2,360

Interest and investment income

1,929

1,349

Other income

(245
)

(324
)

Income before income taxes

$
54,125

$
127,536

Page 14

INTERPARFUMS, INC. AND SUBSIDIARIES

Notes to Consolidated
Financial Statements

Three Months Ended June 30, 2024

Six Months Ended June 30, 2024

United States
based operations

European
based operations

Total

United States
based operations

European
based operations

Total

Net sales

$
120,190

$
226,016

$
346,206

$
215,958

$
456,974

$
672,932

Eliminations (a)

—

(3,977
)

(3,977
)

—

(6,740
)

(6,740
)

120,190

222,039

342,229

215,958

450,234

666,192

Less: (b)

Cost of sales

52,234

70,628

91,834

153,816

Eliminations (a)

—

(1,389
)

—

(2,600
)

Segment gross margin

67,956

152,800

220,756

124,124

299,018

423,142

Less: (b)

Advertising and Promotion

16,962

49,426

31,896

82,817

Employee related costs

12,851

16,563

25,338

34,729

Royalties

8,324

18,700

15,495

38,718

Other segment items (c)

9,735

23,367