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Net Income Attributable to Inter Parfums, Inc. Common Shareholders:
 6 Months Ended
Jun. 30, 2022
Earnings per share:  
Net Income Attributable to Inter Parfums, Inc. Common Shareholders:

 

10.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:

 

                             
   Three months ended   Six months ended 
(In thousands)  June 30,   June 30, 
   2022   2021   2022   2021 
Numerator:                
Net income attributable to Inter Parfums, Inc.  $27,617   $22,657   $62,916   $50,319 
Denominator:                    
Weighted average shares   31,845    31,653    31,843    31,642 
Effect of dilutive securities:                    
Stock options   107    146    138    144 
Denominator for diluted earnings per share   31,952    31,799    31,981    31,786 
                     
Earnings per share:                    
Net income attributable to Inter Parfums, Inc. common shareholders:                    
Basic  $0.87   $0.72   $1.98   $1.59 
Diluted   0.86    0.71    1.97    1.58 

 

Not included in the above computations are the effect of antidilutive potential common shares which consist of outstanding options to purchase 0.15 million shares of common stock for both three and six months ended June 30, 2022, as compared to 0.18 and 0.26 million shares of common stock for the three and six months ended June 30, 2021, respectively.