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Net Income Attributable to Inter Parfums, Inc. Common Shareholders
 6 Months Ended
Jun. 30, 2011
Net Income Attributable to Inter Parfums, Inc. Common Shareholders
9.
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 earnings attributable to Inter Parfums, Inc. by the weighted-average number of shares outstanding. Net earnings 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 and warrants 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
    
Six months ended
  
(In thousands)
  
June 30,
    
June 30,
  
   
2011
    
2010
    
2011
    
2010
  
Numerator:
                        
Net income attributable to Inter Parfums, Inc.
   $ 4,993     $ 5,356     $ 17,752     $ 11,906  
Effect of dilutive securities of consolidated subsidiary
     (5 )     (12 )     (59 )     (17 )
Numerator for diluted earnings per share
   $ 4,988     $ 5,344     $ 17,693     $ 11,889  
Denominator:
                                
Weighted average shares
     30,506       30,361       30,490       30,277  
Effect of dilutive securities: Stock options and warrants
     189       106       174       102  
Denominator for diluted earnings per share
     30,695       30,467       30,664       30,379  
                                 
Earnings per share:
                                
Net income attributable to Inter Parfums, Inc. common shareholders:
                                
Basic
   $ 0.16     $ 0.18     $ 0.58     $ 0.39  
Diluted
     0.16       0.18       0.58       0.39  
 
 
 
Not included in the above computations is the effect of antidilutive potential common shares which consist of outstanding options to purchase 0.1 million shares of common stock for both the three and six month periods ended June 30, 2011, and 0.1 million and 0.3 million shares of common stock for the three and six month periods ended June 30, 2010, respectively, as well as outstanding warrants to purchase 0.15 million shares of common stock for both the three and six month periods ended June 30, 2010.