Company: IPAR
Filing Date: 2025-05-05
Form Type: 10-Q
Source: 0001753926-25-000738
Chunk: 24

Company: INTERPARFUMS INC
Filing Date: 2025-05-05
Form: 10-Q
Item: Part I, Item 7
Chunk 24
---

Current liabilities:

Loans payable - banks
 
$
7,571

$
8,311

Current portion of long-term debt

43,425

41,607

Current portion of lease liabilities

6,148

6,087

Accounts payable – trade

98,885

91,049

Accrued expenses

128,673

172,758

Income taxes payable

21,749

12,615

Total current liabilities

306,451

332,427

Long–term debt, less current portion

107,369

115,734

Lease liabilities, less current portion

19,186

20,455

Equity:

Interparfums, Inc. shareholders’ equity:

Preferred stock, $.001 par; authorized 1,000,000 shares; none issued

—

—

Common
stock, $.001 par; authorized 100,000,000 shares; outstanding 32,124,000 and 32,110,170 shares at March 31, 2025 and December 31, 2024, respectively

32

32

Additional paid-in capital

107,985

106,702

Retained earnings

780,338

763,240

Accumulated other comprehensive loss

(46,854
)

(72,239
) 

Treasury stock, at cost, 9,981,665 and 9,981,665 shares at March 31, 2025 and December 31, 2024, respectively

(52,864
)

(52,864
) 

Total Interparfums, Inc. shareholders’ equity

788,637

744,871

Noncontrolling interest

218,882

197,774

Total equity

1,007,519

942,645

Total liabilities and equity
 
$
1,440,525

$
1,411,261

See
notes to consolidated financial statements.

Page 2   

INTERPARFUMS, INC. AND SUBSIDIARIES
 
CONSOLIDATED STATEMENTS OF INCOME
(In thousands except per share data)
 (Unaudited)

Three Months Ended

March 31, 

2025

2024

Net sales
 
$
338,819

$
323,963

Cost of sales

122,842

121,578

Gross margin

215,977

202,385

Selling, general and administrative expenses

140,900

134,412

Income from operations

75,077