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Net Income Per Share (Tables)
9 Months Ended
Sep. 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 September 30,Nine Months Ended September 30,
(AMOUNTS IN THOUSANDS EXCEPT PER SHARE AMOUNTS)2020201920202019
Net Income
Net income attributable to IFF stockholders$84,828 $127,124 $295,639 $372,330 
Adjustment related to decrease in redemption value of redeemable noncontrolling interests in excess of earnings allocated864 1,736 4,964 1,593 
Net income available to IFF stockholders$85,692 $128,860 $300,603 $373,923 
Shares
Weighted average common shares outstanding (basic)(1)
112,183 111,998 112,148 111,953 
Adjustment for assumed dilution(2):
Stock options and restricted stock awards276 332 320 372 
SPC portion of TEUs1,163 1,163 1,163 808 
Weighted average shares assuming dilution (diluted)113,622 113,493 113,631 113,133 
Net Income per Share
Net income per share - basic$0.76 $1.15 $2.68 $3.34 
Net income per share - diluted0.75 1.13 2.64 3.30 
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(1)For the three and nine months ended September 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.