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Net Income Per Share (Tables)
 6 Months Ended
Jun. 30, 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 June 30,
 
Six Months Ended June 30,
(SHARES IN THOUSANDS)
2019
 
2018
 
2019
 
2018
Net Income
 
 
 
 
 
 
 
Net income attributable to IFF stockholders
$
136,377

 
$
99,149

 
$
245,206

 
$
228,564

Less: Increase in redemption value of redeemable noncontrolling interests in excess of earnings allocated
(513
)
 
—

 
(143
)
 
—

Net income available to IFF stockholders
$
135,864

 
$
99,149

 
$
245,063

 
$
228,564

Shares
 
 
 
 
 
 
 
Weighted average common shares outstanding (basic)(1)
111,996

 
79,065

 
111,930

 
79,041

Adjustment for assumed dilution(2):
 
 
 
 
 
 
 
Stock options and restricted stock awards
424

 
238

 
393

 
306

SPC portion of TEUs
452

 
—

 
808

 
—

Weighted average shares assuming dilution (diluted)
112,872

 
79,303

 
113,131

 
79,347

 
 
 
 
 
 
 
 
Net Income per Share
 
 
 
 
 
 
 
Net income per share - basic
$
1.21

 
$
1.25

 
$
2.19

 
$
2.89

Net income per share - diluted
1.20

 
1.25

 
2.16

 
2.87


_______________________ 
(1)
For the three and six months ended June 30, 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.