XML 36 R26.htm IDEA: XBRL DOCUMENT v3.19.1
Net Income Per Share (Tables)
 3 Months Ended
Mar. 31, 2019
Earnings Per Share [Abstract]  
Reconciliation of Shares Used in Computation of Basic and Diluted Net Income Per Share
A reconciliation of the shares used in the computation of basic and diluted net income per share is as follows: 
 
Three Months Ended March 31,
(SHARES IN THOUSANDS)
2019
 
2018
Net Income
 
 
 
Net income attributable to IFF stockholders
$
108,829

 
$
129,416

Add: Decrease in redemption value of redeemable noncontrolling interests in excess of earnings allocated
370

 
—

Net income available to IFF stockholders
$
109,199

 
$
129,416

Shares
 
 
 
Weighted average common shares outstanding (basic)(1)
111,864

 
79,018

Adjustment for assumed dilution(2):
 
 
 
Stock options and restricted stock awards
362

 
375

SPC portion of TEUs
1,163

 
—

Weighted average shares assuming dilution (diluted)
113,389

 
79,393

 
 
 
 
Net Income per Share
 
 
 
Net income per share - basic
$
0.97

 
$
1.63

Net income per share - dilutive
0.96

 
1.63


_______________________ 
(1)
For the three months ended March 31, 2019, the tangible equity units (“TEUs”) were assumed to be outstanding at the minimum settlement amount for weighted-average shares for basic earnings per share. See below for details.
(2)
Effect of dilutive securities includes dilution under stock plans and incremental impact of TEUs. See below for details.