Net Income Attributable to Inter Parfums, Inc. Common Shareholders

6 Months Ended

Jun. 30, 2016

Net Income Attributable to Inter Parfums, Inc. Common Shareholders [Abstract]

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 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
(In thousands)	June 30,				June 30,
	2016		2015		2016		2015
Numerator:
Net income attributable to Inter Parfums, Inc.	$	5,831	$	4,351	$	13,165	$	14,358
Denominator:
Weighted average shares		31,055		30,988		31,047		30,984
Effect of dilutive securities:
Stock options		83		119		74		105
Denominator for diluted earnings per share		31,138		31,107		31,121		31,089

Earnings per share:
Net income attributable to Inter Parfums, Inc. common shareholders:
Basic	$	0.19	$	0.14	$	0.42	$	0.46
Diluted		0.19		0.14		0.42		0.46

Not included in the above computations is the effect of antidilutive potential common shares which consist of outstanding options to purchase 0.34 million shares and 0.27 million shares of common stock for the six months ended June 30, 2016 and 2015, respectively, and 0.27 million and 0.26 million shares of common stock for the three months ended June 30, 2016 and 2015, respectively.