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

3 Months Ended

Mar. 31, 2024

Earnings Per Share [Abstract]

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

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 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:

	Three months ended
(In thousands)	March 31,
	2024		2023
Numerator:
Net income attributable to Inter Parfums, Inc.	$	41,048	$	54,068
Denominator:
Weighted average shares		32,041		32,018
Effect of dilutive securities:
Stock options		225		141
Denominator for diluted earnings per share		32,266		32,159
Earnings per share:
Net income attributable to Inter
Parfums, Inc. common shareholders:
Basic	$	1.28	$	1.69
Diluted		1.27		1.68

Not included in the above computations are the effect of antidilutive potential common shares which consist of outstanding options to purchase 0.05 million shares of common stock for the three months ended March 31, 2024. There were no antidilutive potential common shares outstanding for the three months ended March 31, 2023.