Company: IPAR
Filing Date: 2025-05-05
Form Type: 10-Q
Source: 0001753926-25-000738
Chunk: 26

Company: INTERPARFUMS INC
Filing Date: 2025-05-05
Form: 10-Q
Item: Part I, Item 7
Chunk 26
---
7,010

Comprehensive income attributable to Interparfums, Inc.
 
$
67,877

$
30,819

See notes to consolidated financial statements.

Page 4    

INTERPARFUMS, INC. AND SUBSIDIARIES
 
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY
 (In thousands)
(Unaudited) 

Three Months Ended 

March 31,

2025

2024

Common stock, beginning and end of period

$
32

$
32 

Additional paid-in capital, beginning of period

106,702

98,565

Shares issued upon exercise of stock options

1,077

1,326

Share-based compensation

206

261

Transfer of subsidiary shares purchased

—

157

Additional paid-in capital, end of period

107,985

100,309

Retained earnings, beginning of period

763,240

693,848

Net income

42,492

41,048

Dividends

(25,700
)

(24,032
) 

Share-based compensation

306

179

Retained earnings, end of period

780,338

711,043

Accumulated other comprehensive loss, beginning of period

(72,239
)

(40,188
) 

Foreign currency translation adjustment, net of tax

20,648

(9,565
) 

Transfer from other comprehensive income into earnings

1,631

64

Pension benefits, net of tax

(36
)

—

Net derivative instrument gain (loss), net of tax

3,142

(728
) 

Accumulated other comprehensive loss, end of period

(46,854
)

(50,417
) 

Treasury stock, beginning and end of period

(52,864
)

(52,864
) 

Noncontrolling interest, beginning of period

197,774

192,777

Net income

12,911

12,255

Foreign currency translation adjustment, net of tax

7,274

(5,017
) 

Pension benefits, net of tax

(14
)

—

Net derivative instrument gain (loss), net of tax

1,191

(228
) 

Share-based compensation

55

154

Transfer of subsidiary shares purchased

—

(157
) 

Dividends

(309
)

—

Noncontrolling interest, end of period

218,882

199,784

Total equity

$
1