Company: IPAR
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001753926-25-001703
Chunk: 41

Company: INTERPARFUMS INC
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 7
Chunk 41
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 therefore in June 2025,106,046 shares, adjusted for stock splits, were distributed. 
 
The fair value of the grant had been determined based on the quoted stock price of Interparfums SA shares as reported by the Euronext on the date of grant. The aggregate cost of the grant of approximately $4.2 million was recognized as compensation cost on a straight-line basis over the requisite three and a quarter year service period.

Page 12

INTERPARFUMS, INC. AND SUBSIDIARIES

Notes to Consolidated Financial Statements

In order to avoid dilution of the Company’s ownership of Interparfums SA, all shares distributed pursuant to this plan were pre-existing shares of Interparfums SA, purchased in the open market by Interparfums SA. As of September 30, 2025 the Company acquired 106,046 shares at an aggregate cost of $4.5 million.
 
All share purchases and issuances have been classified as equity transactions on the accompanying balance sheet. 

9.
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:

Three months ended

Nine Months Ended

(In thousands)
 
September 30,

September 30,

2025

2024

2025

2024

Numerator:

Net income attributable to Interparfums, Inc.
 
$
65,809

$
62,259

$
140,289

$
140,130

Denominator:

Weighted average shares

32,113

32,026

32,114

32,030

Effect of dilutive securities:

Stock options

36

240

44

236

Denominator for diluted earnings per share

32,149

32,266

32,158

32,266

Earnings per share:

Net income attributable to

Interparfums, Inc. common shareholders:

Basic
 
$
2.05