Schedule of earnings per share, basic and diluted

Three months ended

Nine months ended

September 30,

(In thousands)

2019

2018

2019

2018

Numerator:

Net income attributable to Inter Parfums, Inc.

$

20,848

$

18,938

$

52,059

$

45,746

Denominator:

Weighted average shares

31,452

31,326

31,444

31,297

Effect of dilutive securities:

Stock options

224

261

237

205

Denominator for diluted earnings per share

31,676

31,587

31,681

31,502

Earnings per share:

Net income attributable to Inter Parfums, Inc. common shareholders:

Basic

$

0.66

$

0.60

$

1.66

$

1.46

Diluted

0.66

0.60

1.64

1.45