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Net Income Attributable to Inter Parfums, Inc. Common Shareholders
 3 Months Ended
Mar. 31, 2014
Net Income Attributable to Inter Parfums, Inc. Common Shareholders [Abstract]  
Net Income Attributable to Inter Parfums, Inc. Common Shareholders
  8. 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, except per share data)   March 31,  
    2014     2013  
Numerator:                
Net income attributable to Inter Parfums, Inc.   $ 8,894     $ 31,696  
Denominator:                
Weighted average shares     30,900       30,687  
Effect of dilutive securities:                
Stock options     158       160  
Denominator for diluted earnings per share     31,058       30,847  
                 
Earnings per share:                
Net income attributable to Inter Parfums, Inc. common shareholders:                
Basic   $ 0.29     $ 1.03  
Diluted     0.29       1.03  

 

Not included in the above computations is the effect of antidilutive potential common shares which consist of outstanding options to purchase 0.13 million shares of common stock for both three month periods ended March 31, 2014 and 2013.