XML 51 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Net Sales $ 2,337,183 $ 2,076,719 $ 1,841,616
Operating Expenses:      
Cost of sales (exclusive of depreciation shown below) 1,568,286 1,378,792 1,225,670
Selling, research & development and administrative 347,629 296,861 276,989
Depreciation and amortization 134,243 132,959 133,013
Facilities consolidation and severance (71) 93 7,563
Total Operating Expenses 2,050,087 1,808,705 1,643,235
Operating Income 287,096 268,014 198,381
Other Income (Expense):      
Interest expense (17,300) (14,371) (16,485)
Interest income 5,722 3,248 3,333
Equity in results of affiliates (17) 15 164
Miscellaneous, net (559) (2,521) (1,335)
Total Other Income (Expense) (12,154) (13,629) (14,323)
Income Before Income Taxes 274,942 254,385 184,058
Provision For Income Taxes 91,312 80,796 59,461
Net Income 183,630 173,589 124,597
Net Loss (Income) Attributable to Noncontrolling interests 53 (108) 26
Net Income Attributable to AptarGroup, Inc. $ 183,683 $ 173,481 $ 124,623
Net Income Attributable to AptarGroup, Inc. Per Common Share:      
Basic (in dollars per share) $ 2.76 $ 2.58 $ 1.84
Diluted (in dollars per share) $ 2.65 $ 2.48 $ 1.79