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Net Income Attributable to Inter Parfums, Inc. Common Shareholders
 12 Months Ended
Dec. 31, 2014
Net Income Attributable to Inter Parfums, Inc. Common Shareholders [Abstract]  
Net Income Attributable to Inter Parfums, Inc. Common Shareholders
(12) 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 income attributable to Inter Parfums, Inc. by the weighted average number of shares outstanding. Net income 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:

 

  Year ended December 31,
  2014   2013     2012  
Numerator:                        
Net income attributable to Inter Parfums, Inc.   $ 29,436     $ 39,211     $ 131,136  
Effect of dilutive securities of consolidated subsidiary     —       —       (168 )
Numerator for diluted earnings per share   $ 29,436     $ 39,211     $ 130,968  
Denominator:                        
Weighted average shares     30,931,308       30,763,955       30,574,772  
Effect of dilutive securities:                        
Stock options and warrants     129,018       189,927       140,912  
Denominator for diluted earnings per share     31,060,326       30,953,882       30,715,684  
                         
Earnings per share:                        
Net income attributable to Inter Parfums, Inc. common shareholders:                        
Basic   $ 0.95     $ 1.27     $ 4.29  
Diluted     0.95       1.27       4.26  

 

Not included in the above computations is the effect of anti-dilutive potential common shares, which consist of outstanding options to purchase 130,000, 32,000, and 230,000 shares of common stock for 2014, 2013, and 2012, respectively.