EARNINGS PER SHARE

9 Months Ended

Sep. 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
	September 30, 2012				September 30, 2011
	Diluted		Basic		Diluted		Basic
Consolidated operations
Income available to common stockholders	$	42,127	$	42,127	$	49,297	$	49,297
Average equivalent shares
Shares of common stock	66,541		66,541		66,381		66,381
Effect of dilutive stock based compensation
Stock options	1,804		—		2,291		—
Restricted stock	8		—		5		—
Total average equivalent shares	68,353		66,541		68,677		66,381
Net income per share	$	0.62	$	0.63	$	0.72	$	0.74

	Nine months ended
	September 30, 2012				September 30, 2011
	Diluted		Basic		Diluted		Basic
Consolidated operations
Income available to common stockholders	$	127,622	$	127,622	$	145,063	$	145,063
Average equivalent shares
Shares of common stock	66,439		66,439		66,747		66,747
Effect of dilutive stock based compensation
Stock options	2,259		—		2,863		—
Restricted stock	13		—		6		—
Total average equivalent shares	68,711		66,439		69,616		66,747
Net income per share	$	1.86	$	1.92	$	2.08	$	2.17