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Net Income Attributable to Inter Parfums, Inc. Common Shareholders
 12 Months Ended
Dec. 31, 2020
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, 
   2020   2019   2018 
             
Numerator for diluted earnings per share  $38,219   $60,249   $53,793 
Denominator:               
Weighted average shares   31,536,659    31,451,093    31,307,991 
Effect of dilutive securities:               
Stock options   117,885    237,607    214,380 
                
Denominator for diluted earnings per share   31,654,544    31,688,700    31,522,371 
                
Earnings per share:               
Net income attributable to Inter Parfums, Inc. common shareholders:               
Basic  $1.21   $1.92   $1.72 
Diluted   1.21    1.90    1.71 

 

Not included in the above computations is the effect of anti-dilutive potential common shares, which consist of outstanding options to purchase 450,000, 183,000, and 89,000 shares of common stock for 2020, 2019, and 2018, respectively.