EARNINGS PER SHARE

6 Months Ended

Jun. 30, 2013

EARNINGS PER SHARE

EARNINGS PER SHARE

NOTE 9 – 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, 2013				June 30, 2012
	Diluted		Basic		Diluted		Basic
Consolidated operations
Income available to common shareholders	$	49,802	$	49,802	$	41,686	$	41,686
Average equivalent shares
Shares of common stock	66,420		66,420		66,580		66,580
Effect of dilutive stock based compensation
Stock options	1,682		--		2,174		--
Restricted stock	4		--		4		--
Total average equivalent shares	68,106		66,420		68,758		66,580
Net income per share	$	0.73	$	0.75	$	0.61	$	0.63

	Six months ended
	June 30, 2013				June 30, 2012
	Diluted		Basic		Diluted		Basic
Consolidated operations
Income available to common stockholders	$	89,831	$	89,831	$	85,495	$	85,495
Average equivalent shares
Shares of common stock	66,288		66,288		66,388		66,388
Effect of dilutive stock based compensation
Stock options	2,043		--		2,543		--
Restricted stock	8		--		9		--
Total average equivalent shares	68,339		66,288		68,940		66,388
Net income per share	$	1.31	$	1.36	$	1.24	$	1.29