EARNINGS PER SHARE

9 Months Ended

Sep. 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
	September 30, 2011				September 30, 2010
	Diluted		Basic		Diluted		Basic
Consolidated operations
Income available to common stockholders	$	49,297	$	49,297	$	46,983	$	46,983
Average equivalent shares
Shares of common stock	66,381		66,381		67,213		67,213
Effect of dilutive stock based compensation
Stock options	2,291		—		2,147		—
Restricted stock	5		—		14		—
Total average equivalent shares	68,677		66,381		69,374		67,213
Net income per share	$	0.72	$	0.74	$	0.68	$	0.70

	Nine months ended
	September 30, 2011				September 30, 2010
	Diluted		Basic		Diluted		Basic
Consolidated operations
Income available to common stockholders	$	145,063	$	145,063	$	132,700	$	132,700
Average equivalent shares
Shares of common stock	66,747		66,747		67,471		67,471
Effect of dilutive stock based compensation
Stock options	2,863		—		2,438		—
Restricted stock	6		—		12		—
Total average equivalent shares	69,616		66,747		69,921		67,471
Net income per share	$	2.08	$	2.17	$	1.90	$	1.97