XML 50 R26.htm IDEA: XBRL DOCUMENT v3.22.0.1
EARNINGS PER SHARE
12 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHAREBasic net income per share is calculated by dividing net income attributable to Aptar by the weighted-average number of common shares outstanding during the period. Diluted net income per share is calculated by dividing the net income attributable to Aptar by the weighted-average number of common and common equivalent shares outstanding during the applicable period. The difference between basic and diluted earnings per share is attributable to stock based compensation awards. Stock-based compensation awards for which total employee proceeds exceed the average market price over the applicable period would have an antidilutive effect on earnings per share, and accordingly, are excluded from the calculation of diluted earnings per share. The reconciliation of basic and diluted earnings per share (“EPS”) for the years ended December 31, 2021, 2020 and 2019 are as follows:
Income
(Numerator)
Shares
(Denominator)
Per Share
Amount
For the Year Ended December 31, 2021
Basic EPS
Income available to common stockholders$244,097 65,663 $3.72 
Effect of Dilutive Securities
Stock options1,600 
Restricted stock419 
Diluted EPS
Income available to common stockholders$244,097 67,682 $3.61 
For the Year Ended December 31, 2020
Basic EPS
Income available to common stockholders$214,040 64,418 $3.32 
Effect of Dilutive Securities
Stock options1,800 
Restricted stock439 
Diluted EPS
Income available to common stockholders$214,040 66,657 $3.21 
For the Year Ended December 31, 2019
Basic EPS
Income available to common stockholders$242,202 63,574 $3.81 
Effect of Dilutive Securities
Stock options2,344 
Restricted stock232 
Diluted EPS
Income available to common stockholders$242,202 66,150 $3.66