Net Income Attributable to Inter Parfums, Inc. Common Shareholders

12 Months Ended

Dec. 31, 2021

Earnings Per Share [Abstract]

Net Income Attributable to Inter Parfums, Inc. Common Shareholders

(14) 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 income attributable to Inter Parfums, Inc. by the weighted average number of shares outstanding. Net income 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:

	Year ended December 31,
	2021		2020		2019
Numerator for diluted earnings per share	$	87,411	$	38,219	$	60,249
Denominator:
Weighted average shares		31,676,796		31,536,659		31,451,093
Effect of dilutive securities:
Stock options		158,612		117,885		237,607
Denominator for diluted earnings per share		31,835,408		31,654,544		31,688,700
Earnings per share:
Net income attributable to Inter Parfums, Inc. common shareholders:
Basic	$	2.76	$	1.21	$	1.92
Diluted		2.75		1.21		1.90

Not included in the above computations is the effect of anti-dilutive potential common shares, which consist of outstanding options to purchase 175,000, 450,000, and 183,000 shares of common stock for 2021, 2020, and 2019, respectively.