EARNINGS PER SHARE

6 Months Ended

Jun. 30, 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:

	Three months ended
	June 30, 2012				June 30, 2011
	Diluted		Basic		Diluted		Basic
Consolidated operations
Income available to common shareholders	$	41,686	$	41,686	$	51,289	$	51,289
Average equivalent shares
Shares of common stock	66,580		66,580		66,939		66,939
Effect of dilutive stock based compensation
Stock options	2,174		—		2,495		—
Restricted stock	4		—		4		—
Total average equivalent shares	68,758		66,580		69,438		66,939
Net income per share	$	0.61	$	0.63	$	0.74	$	0.77

	Six months ended
	June 30, 2012				June 30, 2011
	Diluted		Basic		Diluted		Basic
Consolidated operations
Income available to common stockholders	$	85,495	$	85,495	$	95,766	$	95,766
Average equivalent shares
Shares of common stock	66,388		66,388		66,933		66,933
Effect of dilutive stock based compensation
Stock options	2,543		—		2,963		—
Restricted stock	9		—		6		—
Total average equivalent shares	68,940		66,388		69,902		66,933
Net income per share	$	1.24	$	1.29	$	1.37	$	1.43