INTERPARFUMS INC 10-K

Item 8. Financial Statements and Supplementary Data The required financial statements commence on page F-1. Supplementary Data Quarterly Data (Unaudited) For the Year Ended December 31, 2020 (In Thousands Except Per Share Data) 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Full Year Net sales $ 144,824 $ 49,506 $ 160,637 $ 184,042 $ 539,009 Gross margin 89,041 26,844 97,198 117,648 330,731 Net income (loss) 13,299 (2,983 ) 21,852 17,800 49,968 Net income attributable to Inter Parfums, Inc. 10,059 (3,118 ) 16,538 14,740 38,219 Net income attributable to Inter Parfums, Inc. per share: Basic $ 0.32 $ (0.10 ) $ 0.52 $ 0.47 $ 1.21 Diluted $ 0.32 $ (0.10 ) $ 0.52 $ 0.47 $ 1.21 Weighted average common shares outstanding: Basic 31,530 31,532 31,533 31,552 31,537 Diluted 31,708 31,532 31,619 31,666 31,655 Quarterly Data (Unaudited) For the Year Ended December 31, 2019 (In Thousands Except Per Share Data) 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Full Year Net sales $ 178,242 $ 166,242 $ 191,227 $ 177,803 $ 713,514 Gross margin 109,841 106,974 114,437 114,684 445,936 Net income 24,978 15,600 26,658 8,834 76,070 Net income attributable to Inter Parfums, Inc. 18,894 12,318 20,848 8,189 60,249 Net income attributable to Inter Parfums, Inc. per share: Basic $ 0.60 $ 0.39 $ 0.66 $ 0.26 $ 1.92 Diluted $ 0.60 $ 0.39 $ 0.66 $ 0.26 $ 1.90 Weighted average common shares outstanding: Basic 31,431 31,449 31,452 31,473 31,451 Diluted 31,679 31,687 31,676 31,713 31,689 41 Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure None.