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Net Income Attributable to Inter Parfums, Inc. Common Shareholders
 3 Months Ended
Mar. 31, 2013
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 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  
(In thousands)   March 31,  
    2013     2012  
Numerator:                
Net income attributable to Inter Parfums, Inc.   $ 31,696     $ 15,497  
                 
Denominator:                
Weighted average shares     30,687       30,551  
Effect of dilutive securities:                
Stock options     160       135  
Denominator for diluted earnings per share     30,847       30,686  
                 
Earnings per share:                
Net income attributable to Inter Parfums, Inc.                
common shareholders:                
Basic   $ 1.03     $ 0.51  
Diluted     1.03       0.51  

 

Not included in the above computations is the effect of antidilutive potential common shares which consist of outstanding options to purchase 0.13 million and 0.23 million shares of common stock for the three month periods ended March 31, 2013 and 2012, respectively.