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Net Income Attributable to Inter Parfums, Inc. Common Shareholders
 6 Months Ended
Jun. 30, 2014
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     Six months ended  
    June 30,     June 30,  
    2014     2013     2014     2013  
Numerator :                        
Net income attributable to Inter Parfums, Inc.   $ 6,109     $ 3,815     $ 15,003     $ 35,511  
Effect of dilutive securities of                                
consolidated subsidiary     -       (176 )     -       (176 )
Numerator for diluted                                
earnings per share   $ 6,109     $ 3,639     $ 15,003     $ 35,335  
Denominator:                                
Weighted average shares     30,938       30,748       30,919       30,717  
Effect of dilutive securities:                                
Stock options     131       205       144       183  
Denominator for diluted                                
earnings per share     31,069       30,953       31,063       30,900  
                                 
Earning per share:                                
Net income attributable to Inter Parfums, Inc.                                
common shareholders:                                
Basic   $ 0.20     $ 0.12     $ 0.49     $ 1.16  
Diluted     0.20       0.12       0.48       1.14  

 

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 and 0.07 million shares of common stock for the six months ended June 30, 2014 and 2013, respectively, and 0.13 million shares of common stock for the three months ended June 30, 2014.