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Segments and Geographic Areas
9 Months Ended
Sep. 30, 2018
Segments, Geographical Areas [Abstract]  
Segment and Geographic Areas
8. Segment 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 operations and United States operations primarily represent the sale of prestige brand name fragrances. Information on our operations by geographical areas is as follows:

 

(In thousands)   Three months ended
September 30,
    Nine months ended
September 30,
 
    2018     2017     2018     2017  
Net sales:                                
United States   $ 40,189     $ 35,690     $ 97,841     $ 81,977  
Europe     137,800       134,639       402,952       361,172  
Eliminations     (776 )     (798 )     (2,446 )     (1,424 )
                                 
    $ 177,213     $ 169,531     $ 498,347     $ 441,725  
                                 
Net income attributable to Inter Parfums, Inc.:                                
United States   $ 4,686     $ 3,668     $ 7,164     $ 5,134  
Europe     14,252       13,409       38,582       32,060  
                                 
    $ 18,938     $ 17,077     $ 45,746     $ 37,194  

 

(In thousands)   September 30,
2018
    December 31,
2017
 
Total Assets:                
United States   $ 136,097     $ 92,909  
Europe     668,347       694,385  
Eliminations of investment in subsidiary     (21,291 )     (9,522 )
                 
    $ 783,153     $ 777,772