Net Income Per Share (Tables)

3 Months Ended

Mar. 31, 2020

Earnings Per Share [Abstract]

Reconciliation of Shares Used in Computation of Basic and Diluted Net Income Per Share

A reconciliation of the shares used in the computation of basic and diluted net income per share is as follows: 

	Three Months Ended March 31,
(AMOUNTS IN THOUSANDS EXCEPT PER SHARE AMOUNTS)	2020		2019
Net Income
Net income attributable to IFF stockholders	$	124,607	$	108,829
Add: Reduction in redemption value of redeemable noncontrolling interests in excess of earnings allocated	5,806		370
Net income available to IFF stockholders	$	130,413	$	109,199
Shares
Weighted average common shares outstanding (basic)(1)	112,082		111,864
Adjustment for assumed dilution(2):
Stock options and restricted stock awards	349		362
SPC portion of TEUs	1,163		1,163
Weighted average shares assuming dilution (diluted)	113,594		113,389
Net Income per Share
Net income per share - basic	$	1.16	$	0.97
Net income per share - diluted	1.15		0.96

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(1) For the three months ended March 31, 2020 and 2019, the tangible equity units (“TEUs”) were assumed to be outstanding at the minimum settlement amount for basic earnings per share. See below for details.

(2) Effect of dilutive securities includes dilution under stock plans and incremental impact of TEUs. See below for details.