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Net Income Attributable to Inter Parfums, Inc. Common Shareholders
 12 Months Ended
Dec. 31, 2018
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,  
    2018     2017     2016  
                   
Numerator for diluted earnings per share   $ 53,793     $ 41,594     $ 33,331  
Denominator:                        
Weighted average shares     31,307,991       31,172,285       31,072,328  
Effect of dilutive securities:                        
Stock options     214,380       132,816       103,270  
                         
Denominator for diluted earnings per share     31,522,371       31,305,101       31,175,598  
                         
Earnings per share:                        
Net income attributable to Inter Parfums, Inc. common shareholders:                        
Basic   $ 1.72     $ 1.33     $ 1.07  
Diluted     1.71       1.33       1.07  

  

Not included in the above computations is the effect of anti-dilutive potential common shares, which consist of outstanding options to purchase 89,000, 165,000, and 267,000 shares of common stock for 2018, 2017, and 2016, respectively.