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

9 Months Ended

Sep. 30, 2024

Earnings Per Share [Abstract]

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

9. Net Income Attributable to Interparfums, Inc. Common Shareholders:

Net income attributable to Interparfums, Inc. per common share (“basic EPS”) is computed by dividing net income attributable to Interparfums, Inc. by the weighted average number of shares outstanding. Net income attributable to Interparfums, 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				Nine months ended
(In thousands)	September 30,				September 30,
	2024		2023		2024		2023
Numerator:
Net income attributable to Interparfums, Inc.	$	62,259	$	53,214	$	140,130	$	142,234
Denominator:
Weighted average shares		32,026		31,976		32,030		32,000
Effect of dilutive securities:
Stock options		240		148		236		149
Denominator for diluted earnings per share		32,266		32,124		32,266		32,149
Earnings per share:
Net income attributable to
Interparfums, Inc. common shareholders:
Basic	$	1.94	$	1.66	$	4.37	$	4.44
Diluted	$	1.93	$	1.66	$	4.34	$	4.42

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 and nine months ended September 30, 2024. There were no antidilutive potential common shares outstanding for the three and nine months ended September 30, 2023.