(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)   2025     2024     2023  
                   
Numerator:                        
Net income attributable to Interparfums, Inc.   $ 168,387     $ 164,358     $ 152,654  
                         
Denominator:                        
Weighted average shares     32,102,264       32,036,728       31,994,328  
Effect of dilutive securities:                        
Stock options     35,933       87,557       145,374  
Denominator for diluted earnings per share     32,138,197       32,124,285       32,139,702  
                         
Earnings per share:                        
Net income attributable to Interparfums, Inc.                        
common shareholders:                        
Basic   $ 5.25     $ 5.13     $ 4.77  
Diluted     5.24       5.12       4.75  

  

Not included in the above computations is the effect of anti-dilutive potential common shares, which consist of outstanding options to purchase 0.1 million, 0.05 million, and nil shares of common stock for 2025, 2024, and 2023, respectively.

Historical Timeline

Fiscal YearFiled
2025Mar 10, 2026Showing above
2024Mar 11, 2025
2023Feb 27, 2024
2022Feb 28, 2023
2021Mar 1, 2022

About Earnings Per Share Disclosures

The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.

Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.