EARNINGS PER SHARE

9 Months Ended

Sep. 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
	September 30, 2013				September 30, 2012
	Diluted		Basic		Diluted		Basic
Consolidated operations
Income available to common shareholders	$	45,264	$	45,264	$	42,127	$	42,127
Average equivalent shares
Shares of common stock	66,092		66,092		66,541		66,541
Effect of dilutive stock based compensation
Stock options	1,887		--		1,804		--
Restricted stock	7		--		8		--
Total average equivalent shares	67,986		66,092		68,353		66,541
Net income per share	$	0.67	$	0.68	$	0.62	$	0.63

	Nine months ended
	September 30, 2013				September 30, 2012
	Diluted		Basic		Diluted		Basic
Consolidated operations
Income available to common stockholders	$	135,095	$	135,095	$	127,622	$	127,622
Average equivalent shares
Shares of common stock	66,222		66,222		66,439		66,439
Effect of dilutive stock based compensation
Stock options	2,041		--		2,259		--
Restricted stock	10		--		13		--
Total average equivalent shares	68,273		66,222		68,711		66,439
Net income per share	$	1.98	$	2.04	$	1.86	$	1.92