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

9 Months Ended

Sep. 30, 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								Nine months ended
(In thousands)		September 30,								September 30,
		2023				2022				2023				2022
Numerator:
Net income attributable to Inter Parfums, Inc.		$	53,214			$	41,423			$	142,234			$	104,339
Denominator:
Weighted average shares			31,976				31,860				32,000				31,848
Effect of dilutive securities:
Stock options			148				108				149				129
Denominator for diluted earnings per share			32,124				31,968				32,149				31,977

Earnings per share:
Net income attributable to Inter Parfums, Inc. common shareholders:
Basic		$	1.66			$	1.30			$	4.44			$	3.28
Diluted			1.66				1.30				4.42				3.26

There were no antidilutive potential common shares outstanding for the three and nine months ended September 30, 2023. 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 the three and nine months ended September 30, 2022, respectively.