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EARNINGS PER SHARE
3 Months Ended
Mar. 31, 2014
EARNINGS PER SHARE  
EARNINGS PER SHARE

NOTE 12 — 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, 2014

 

March 31, 2013

 

 

 

Diluted

 

Basic

 

Diluted

 

Basic

 

Consolidated operations

 

 

 

 

 

 

 

 

 

Income available to common shareholders

 

$

48,389

 

$

48,389

 

$

40,029

 

$

40,029

 

 

 

 

 

 

 

 

 

 

 

Average equivalent shares

 

 

 

 

 

 

 

 

 

Shares of common stock

 

65,468

 

65,468

 

66,155

 

66,155

 

Effect of dilutive stock based compensation

 

 

 

 

 

 

 

 

 

Stock options

 

2,738

 

--

 

2,133

 

--

 

Restricted stock

 

26

 

--

 

8

 

--

 

Total average equivalent shares

 

68,232

 

65,468

 

68,296

 

66,155

 

Net income per share

 

$

.71

 

$

.74

 

$

.59

 

$

.61