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Net Income Attributable to Inter Parfums, Inc. Common Shareholders:

9 Months Ended

Sep. 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 Nine months ended

(In thousands) September 30, September 30,

2022 2021 2022 2021

Numerator:

Net income attributable to Inter Parfums, Inc. $ 41,422 $ 38,316 $ 104,339 $ 88,635

Denominator:

Weighted average shares 31,860 31,659 31,848 31,648

Effect of dilutive securities:

Stock options 108 148 128 145

Denominator for diluted earnings per share 31,968 31,807 31,976 31,793

Earnings per share:

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

Basic $ 1.30 $ 1.21 $ 3.28 $ 2.80

Diluted 1.30 1.20 3.26 2.79

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 nine months ended September 30, 2022, as compared to 0.17 and 0.23 million shares of common stock for the three and nine months ended September 30, 2021, respectively.