EARNINGS PER SHARE

6 Months Ended

Jun. 30, 2011

EARNINGS PER SHARE

EARNINGS PER SHARE

NOTE 8 — EARNINGS PER SHARE

AptarGroup’s authorized common stock consists of 199 million shares, having a par value of $.01 each.  Information related to the calculation of earnings per share is as follows:

	Three months ended
	June 30, 2011				June 30, 2010
	Diluted		Basic		Diluted		Basic
Consolidated operations
Income available to common shareholders	$	51,289	$	51,289	$	46,695	$	46,695
Average equivalent shares
Shares of common stock	66,939		66,939		67,630		67,630
Effect of dilutive stock based compensation
Stock options	2,495		—		2,032		—
Restricted stock	4		—		20		—
Total average equivalent shares	69,438		66,939		69,682		67,630
Net income per share	$	0.74	$	0.77	$	.67	$	.69

	Six months ended
	June 30, 2011				June 30, 2010
	Diluted		Basic		Diluted		Basic
Consolidated operations
Income available to common stockholders	$	95,766	$	95,766	$	85,717	$	85,717
Average equivalent shares
Shares of common stock	66,933		66,933		67,603		67,603
Effect of dilutive stock based compensation
Stock options	2,963		—		2,451		—
Restricted stock	6		—		16		—
Total average equivalent shares	69,902		66,933		70,070		67,603
Net income per share	$	1.37	$	1.43	$	1.22	$	1.27