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EARNINGS PER SHARE
3 Months Ended
Mar. 31, 2012
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:

 

 

 

 

March 31, 2012

 

March 31, 2011

 

 

 

Diluted

 

Basic

 

Diluted

 

Basic

 

Consolidated operations

 

 

 

 

 

 

 

 

 

Income available to common shareholders

 

$

43,809

 

$

43,809

 

$

44,477

 

$

44,477

 

 

Average equivalent shares

 

 

 

 

 

 

 

 

 

Shares of common stock

 

66,196

 

66,196

 

66,926

 

66,926

 

Effect of dilutive stock based compensation

 

 

 

 

 

 

 

 

 

Stock options

 

2,580

 

 

2,983

 

 

Restricted stock

 

9

 

 

5

 

 

Total average equivalent shares

 

68,785

 

66,196

 

69,914

 

66,926

 

Net income per share

 

$

.64

 

$

.66

 

$

.64

 

$

.66