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Net Income Attributable to Interparfums, Inc. Common Shareholders
 12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Net Income Attributable to Interparfums, Inc. Common Shareholders
(13) Net Income Attributable to Interparfums, Inc. Common Shareholders

 

Net income attributable to Interparfums, Inc. per common share (“basic EPS”) is computed by dividing net income attributable to Interparfums, Inc. by the weighted average number of shares outstanding. Net income attributable to Interparfums, 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,  
(In thousands except share and per share data)   2024     2023     2022  
                   
Numerator:                        
Net income attributable to Interparfums, Inc.   $ 164,358     $ 152,654     $ 120,938  
                         
Denominator:                        
Weighted average shares     32,036,728       31,994,328       31,859,417  
Effect of dilutive securities:                        
Stock options     87,557       145,374       129,336  
Denominator for diluted earnings per share     32,124,285       32,139,702       31,988,753  
                         
Earnings per share:                        
Net income attributable to Interparfums, Inc.                        
common shareholders:                        
Basic   $ 5.13     $ 4.77     $ 3.80  
Diluted     5.12       4.75       3.78  

  

Not included in the above computations is the effect of anti-dilutive potential common shares, which consist of outstanding options to purchase 47,250, nil, and 38,000 shares of common stock for 2024, 2023, and 2022, respectively.