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

9 Months Ended

Sep. 30, 2021

Earnings per share:

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

10. 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:

(In thousands)	Three months ended September 30,				Nine months ended September 30,
	2021		2020		2021		2020
Numerator:
Net income attributable to Inter Parfums, Inc.	$	38,316	$	16,538	$	88,635	$	23,480
Denominator:
Weighted average shares Effect of dilutive securities:		31,659		31,533		31,648		31,531
Stock options		148		86		145		120
Denominator for diluted earnings per share		31,807		31,619		31,793		31,651
Earnings per share:
Net income attributable to Inter Parfums, Inc. common shareholders:
Basic	$	1.21	$	0.52	$	2.80	$	0.74
Diluted		1.20		0.52		2.79		0.74

Not included in the above computations are the effect of antidilutive potential common shares which consist of outstanding options to purchase 0.17 and 0.23 million shares of common stock for both the three and nine months ended September 30, 2021, as compared to 0.52 and 0.47 million shares of common stock for the three and nine months ended September 30, 2020, respectively.