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Net Income Attributable to Inter Parfums, Inc. Common Shareholders:
 3 Months Ended
Mar. 31, 2023
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 
(In thousands)  March 31, 
   2023   2022 
Numerator:        
Net income attributable to Inter Parfums, Inc.  $54,068   $35,299 
Denominator:          
Weighted average shares   32,018    31,840 
Effect of dilutive securities:          
Stock options   141    170 
Denominator for diluted earnings per share   32,159    32,010 
           
Earnings per share:          
Net income attributable to Inter Parfums, Inc. common shareholders:          
Basic  $1.69   $1.11 
Diluted   1.68    1.10 

 

There were no antidilutive potential common shares outstanding for the three months ended March 31, 2023 and March 31, 2022.