Segments and Geographic Areas

12 Months Ended

Dec. 31, 2019

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

(14) Segments and Geographic Areas

The Company manufactures and distributes one product line, fragrances and fragrance related products. The Company manages its business in two segments, European based operations and United States based operations. The European assets are located, and operations are primarily conducted, in France. Both European and United States operations primarily represent the sale of prestige brand name fragrances.

Information on the Company’s operations by segments is as follows:

	Year ended December 31,
	2019			2018			2017
Net sales:
United States	$	173,522		$	140,768		$	116,244
Europe		542,226			537,805			476,660
Eliminations of intercompany sales		(2,234	)		(2,999	)		(1,653	)
	$	713,514		$	675,574		$	591,251
Net income attributable to Inter Parfums, Inc.:
United States	$	19,365		$	13,071		$	7,051
Europe		40,840			40,877			34,577
Eliminations		44			(155	)		(34	)
	$	60,249		$	53,793		$	41,594
Depreciation and amortization expense including impairment loss:
United States	$	3,088		$	2,711		$	3,943
Europe		5,641			8,320			7,971
	$	8,729		$	11,031		$	11,914
Interest income:
United States	$	345		$	137		$	58
Europe		3,501			3,820			2,925
Eliminations		(153	)		--			--
	$	3,693		$	3,957		$	2,983
Interest expense:
United States	$	673		$	419		$	--
Europe		1,626			2,159			1,992
Eliminations		(153	)		--			--
	$	2,146		$	2,578		$	1,992
Income tax expense:
United States	$	3,945		$	2,264		$	3,764
Europe		25,101			23,898			19,069
Eliminations		30			(18	)		(21	)
	$	29,076		$	26,144		$	22,812

	December 31,
	2019			2018			2017
Total assets:
United States	$	166,180		$	133,706		$	92,909
Europe		670,657			684,485			694,385
Eliminations		(8,005	)		(20,362	)		(9,522	)
	$	828,832		$	797,829		$	777,772
Additions to long-lived assets:
United States	$	5,851		$	19,181		$	980
Europe		5,643			4,188			3,089
	$	11,494		$	23,369		$	4,069
Total long-lived assets:
United States	$	44,473		$	25,753		$	9,284
Europe		196,976			188,411			201,541
	$	241,449		$	214,164		$	210,825
Deferred tax assets:
United States	$	705		$	650		$	781
Europe		7,241			5,023			4,987
Eliminations		58			88			69
	$	8,004		$	5,761		$	5,837

United States export sales were approximately $113.2 million, $95.5 million and $71.4 million in 2019, 2018 and 2017, respectively. Consolidated net sales to customers by region are as follows:

	Year ended December 31,
	2019		2018		2017
North America	$	234,000	$	210,200	$	176,900
Europe		240,800		233,600		214,800
Asia		106,500		109,000		88,000
Middle East		72,600		59,300		50,500
Central and South America		46,200		51,700		51,200
Other		13,400		11,800		9,900
	$	713,500	$	675,600	$	591,300

Consolidated net sales to customers in major countries are as follows:

	Year Ended December 31,
	2019		2018		2017
United States	$	225,300	$	204,000	$	173,000
France	$	43,500	$	44,000	$	44,000
Russia	$	36,800	$	35,000	$	34,000
United Kingdom	$	35,800	$	36,000	$	33,000