Net Income Attributable to Inter Parfums, Inc. Common Shareholders

3 Months Ended

Mar. 31, 2020

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

9. Net Income Attributable to Inter Parfums, Inc. Common Shareholders:

Net income attributable to Inter Parfums, Inc. per common share (“basic EPS”) is computed by dividing net earnings attributable to Inter Parfums, Inc. by the weighted average number of shares outstanding. Net earnings attributable to Inter Parfums, Inc. per share assuming dilution (“diluted EPS”), is computed using the weighted average number of shares outstanding, plus the incremental shares outstanding assuming the exercise of dilutive stock options using the treasury stock method.

The reconciliation between the numerators and denominators of the basic and diluted EPS computations is as follows:

	Three months ended
(In thousands, except per share data)	March 31,
	2020		2019
Numerator:
Net income attributable to Inter Parfums, Inc.	$	10,059	$	18,894
Denominator:
Weighted average shares		31,530		31,431
Effect of dilutive securities:
Stock options		178		248
Denominator for diluted earnings per share		31,708		31,679
Earnings per share:
Net income attributable to Inter Parfums, Inc.
common shareholders:
Basic	$	0.32	$	0.60
Diluted		0.32		0.60

Not included in the above computations is the effect of antidilutive potential common shares which consist of outstanding options to purchase 0.37 and 0.18 million shares of common stock for the three months ended March 31, 2020 and 2019, respectively.