XML 60 R20.htm IDEA: XBRL DOCUMENT v3.3.1.900
Net Income Attributable to Inter Parfums, Inc. Common Shareholders
 12 Months Ended
Dec. 31, 2015
Net Income Attributable to Inter Parfums, Inc. Common Shareholders [Abstract]  
Earnings Per Share [Text Block]
(13)
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,
 
 
 
2015
 
2014
 
2013
 
 
 
 
 
 
 
 
 
 
 
 
Numerator for diluted earings per share
 
$
30,437
 
$
29,436
 
$
39,211
 
Denominator:
 
 
 
 
 
 
 
 
 
 
Weighted average shares
 
 
30,996,137
 
 
30,931,308
 
 
30,763,955
 
Effect of dilutive securities:
 
 
 
 
 
 
 
 
 
 
Stock options
 
 
104,078
 
 
129,018
 
 
189,927
 
 
 
 
 
 
 
 
 
 
 
 
Denominator for diluted earnings per share
 
 
31,100,215
 
 
31,060,326
 
 
30,953,882
 
 
 
 
 
 
 
 
 
 
 
 
Earnings per share:
 
 
 
 
 
 
 
 
 
 
Net income attributable to Inter Parfums, Inc. common shareholders:
 
 
 
 
 
 
 
 
 
 
Basic
 
$
0.98
 
$
0.95
 
$
1.27
 
Diluted
 
 
0.98
 
 
0.95
 
 
1.27
 
 
Not included in the above computations is the effect of anti-dilutive potential common shares, which consist of outstanding options to purchase 272,000, 130,000, and 32,000 shares of common stock for 2015, 2014, and 2013, respectively.