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Net Income Attributable to Inter Parfums, Inc. Common Shareholders
 9 Months Ended
Sep. 30, 2012
Net Income Attributable to Inter Parfums, Inc. Common Shareholders [Abstract]  
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     Nine months ended  
    September 30,     September 30,  
(In thousands)   2012     2011     2012     2011  
Numerator:                                
Net income attributable to Inter Parfums, Inc.   $ 10,018     $ 10,433     $ 31,523     $ 28,185  
Effect of dilutive securities of consolidated subsidiary     (31 )     (22 )     (31 )     (81 )
Numerator for diluted earnings per share   $ 9,987     $ 10,411     $ 31,492     $ 28,104  
Denominator:                                
Weighted average shares     30,570       30,539       30,561       30,506  
Effect of dilutive securities:                                
Stock options and warrants     147       159       136       170  
Denominator for diluted earnings per share     30,717       30,698       30,697       30,676  
                                 
Earnings per share:                                
Net income attributable to Inter Parfums, Inc. common shareholders:                                
Basic   $ 0.33     $ 0.34     $ 1.03     $ 0.92  
Diluted     0.33       0.34       1.03       0.92  

 

Not included in the above computations is the effect of antidilutive potential common shares which consist of outstanding options to purchase 0.23 million shares of common stock for both the three and nine month periods ended September 30, 2012, and 0.1 million shares of common stock for both the three and nine month periods ended September 30, 2011.