Net Income Attributable to Inter Parfums, Inc. Common Shareholders

12 Months Ended

Dec. 31, 2019

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

(13) 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,
	2019		2018		2017
Numerator for diluted earnings per share	$	60,249	$	53,793	$	41,594
Denominator:
Weighted average shares		31,451,093		31,307,991		31,172,285
Effect of dilutive securities:
Stock options		237,607		214,380		132,816
Denominator for diluted earnings per share		31,688,700		31,522,371		31,305,101
Earnings per share:
Net income attributable to Inter Parfums, Inc.
common shareholders:
Basic	$	1.92	$	1.72	$	1.33
Diluted		1.90		1.71		1.33

Not included in the above computations is the effect of anti-dilutive potential common shares, which consist of outstanding options to purchase 183,000, 89,000, and 165,000 shares of common stock for 2019, 2018, and 2017, respectively.