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Equity (Tables) | 12 Months Ended
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Dec. 31, 2018
Equity [Abstract] |
Schedule of nonvested share activity | The following table sets forth information with respect to nonvested options for 2018:
|  | Number of Shares Grant Date |  |  | Weighted Average Grant Date Fair Value Grant Date |
Nonvested options – beginning of year |  |  | 431,235 |  |  | $ | 8.22 |
Nonvested options granted |  |  | 196,350 |  |  | $ | 14.31 |
Nonvested options vested or forfeited |  |  | (142,225 | ) |  | $ | 8.11 |
Nonvested options – end of year |  |  | 485,360 |  |  | $ | 10.72 |
Schedule of effect of share-based payment expenses | The effect of share-based payment expenses decreased income statement line items as follows:
|  | Year Ended December 31, |
|  | 2018 |  |  | 2017 |  |  | 2016 |
Income before income taxes |  | $ | 2,200 |  |  | $ | 2,100 |  |  | $ | 1,200 |
Net income attributable to Inter Parfums, Inc. |  |  | 1,390 |  |  |  | 1,150 |  |  |  | 700 |
Diluted earnings per share attributable to Inter Parfums, Inc. |  |  | 0.04 |  |  |  | 0.04 |  |  |  | 0.02 |
Schedule of stock option activity | The following table summarizes stock option activity and related information for the years ended December 31, 2018, 2017 and 2016:
|  | Year ended December 31, |
|  | 2018 |  |  | 2017 |  |  | 2016 |
|  | Options |  |  | Weighted Average Exercise Price |  |  | Options |  |  | Weighted Average Exercise Price |  |  | Options |  |  | Weighted Average Exercise Price |
Shares under option - beginning of year |  |  | 730,980 |  |  | $ | 31.92 |  |  |  | 684,540 |  |  | $ | 26.94 |  |  |  | 709,300 |  |  | $ | 24.34 |
Options granted |  |  | 196,350 |  |  |  | 63.91 |  |  |  | 174,600 |  |  |  | 43.48 |  |  |  | 148,950 |  |  |  | 32.61 |
Options exercised |  |  | (140,579 | ) |  |  | 24.21 |  |  |  | (103,230 | ) |  |  | 19.03 |  |  |  | (123,150 | ) |  |  | 18.69 |
Options forfeited |  |  | (10,580 | ) |  |  | 37.64 |  |  |  | (24,930 | ) |  |  | 29.49 |  |  |  | (50,560 | ) |  |  | 27.18 |
Shares under option - end of year |  |  | 776,171 |  |  |  | 41.33 |  |  |  | 730,980 |  |  |  | 31.92 |  |  |  | 684,540 |  |  |  | 26.94 |
Schedule of valuation assumptions in Black-Scholes pricing | The assumptions used in the Black-Scholes pricing model are set forth in the following table:
|  | Year Ended December 31, |
|  | 2018 |  |  | 2017 |  |  | 2016 |
Weighted-average expected stock-price volatility |  |  | 27 | % |  |  | 28 | % |  |  | 29 | %
Weighted-average expected option life |  |  | 5.0 years |  |  |  | 5.0 years |  |  |  | 5.0 years |
Weighted-average risk-free interest rate |  |  | 2.5 | % |  |  | 2.2 | % |  |  | 2.0 | %
Weighted-average dividend yield |  |  | 2.0 | % |  |  | 2.0 | % |  |  | 2.1 | %
Schedule of stock options exercised | Proceeds, tax benefits and intrinsic value related to stock options exercised were as follows:
|  | Year Ended December 31, |
|  | 2018 |  |  | 2017 |  |  | 2016 |
Proceeds from stock options exercised, excluding cashless exercise of $0.7 million 2016 |  | $ | 3,406 |  |  | $ | 1,963 |  |  | $ | 1,579 |
Tax benefits |  | $ | 807 |  |  | $ | 600 |  |  | $ | 400 |
Intrinsic value of stock options exercised |  | $ | 4,310 |  |  | $ | 2,258 |  |  | $ | 1,860 |
Schedule of additional stock option information | The following table summarizes additional stock option information as of December 31, 2018:
|  |  |  |  |  | Options outstanding |  |  |
|  |  | Number |  |  | weighted average remaining |  | Options |
Exercise prices |  |  | outstanding |  |  | contractual life |  | exercisable |
$23.61 - $29.36 |  |  |  | 209,920 |  |  | 2.48 years |  |  | 134,170 |
$32.83 - $35.75 |  |  |  | 206,101 |  |  | 2.85 years |  |  | 123,781 |
$40.15 - $46.90 |  |  |  | 177,800 |  |  | 4.96years |  |  | 32,860 |
$65.25 |  |  |  | 182,350 |  |  | 6.00 years |  |  | — |
Totals |  |  |  | 776,171 |  |  | 3.98 years |  |  | 290,811

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