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Net Income Attributable to Inter Parfums, Inc. Common Shareholders
 12 Months Ended
Dec. 31, 2017
Earnings Per Share [Abstract]  
Net Income Attributable to Inter Parfums, Inc. Common Shareholders
(14) 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:

 

    Year ended December 31,  
    2017     2016     2015  
                   
Numerator for diluted earnings per share   $ 41,594     $ 33,331     $ 30,437  
Denominator:                        
Weighted average shares     31,172,285       31,072,328       30,996,137  
Effect of dilutive securities:                        
Stock options     132,816       103,270       104,078  
                         
Denominator for diluted earnings per share     31,305,101       31,175,598       31,100,215  
                         
Earnings per share:                        
Net income attributable to Inter Parfums, Inc. common shareholders:                        
Basic   $ 1.33     $ 1.07     $ 0.98  
Diluted     1.33       1.07       0.98  

 

Not included in the above computations is the effect of anti-dilutive potential common shares, which consist of outstanding options to purchase 165,000, 267,000, and 272,000 shares of common stock for 2017, 2016, and 2015, respectively.