Net Income Per Share (Tables)

6 Months Ended

Jun. 30, 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 June 30,				Six Months Ended June 30,
(AMOUNTS IN THOUSANDS EXCEPT PER SHARE AMOUNTS)	2020		2019		2020		2019
Net Income
Net income attributable to IFF stockholders	$	86,204	$	136,377	$	210,811	$	245,206
Adjustment related to (increase) decrease in redemption value of redeemable noncontrolling interests in excess of earnings allocated	(1,706)		(513)		4,100		(143)
Net income available to IFF stockholders	$	84,498	$	135,864	$	214,911	$	245,063
Shares
Weighted average common shares outstanding (basic)(1)	112,177		111,996		112,130		111,930
Adjustment for assumed dilution(2):
Stock options and restricted stock awards	335		424		342		393
SPC portion of TEUs	1,163		452		1,163		808
Weighted average shares assuming dilution (diluted)	113,675		112,872		113,635		113,131
Net Income per Share
Net income per share - basic	$	0.75	$	1.21	$	1.91	$	2.19
Net income per share - diluted	0.74		1.20		1.89		2.16

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(1)For the three and six months ended June 30, 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.