EARNINGS PER SHARE

6 Months Ended

Jun. 30, 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:

	Three months ended
	June 30, 2014				June 30, 2013
	Diluted		Basic		Diluted		Basic
Consolidated operations
Income available to common shareholders	$	53,076	$	53,076	$	49,802	$	49,802
Average equivalent shares
Shares of common stock	65,328		65,328		66,420		66,420
Effect of dilutive stock based compensation
Stock options	2,103		--		1,682		--
Restricted stock	7		--		4		--
Total average equivalent shares	67,438		65,328		68,106		66,420
Net income per share	$	0.79	$	0.81	$	0.73	$	0.75

	Six months ended
	June 30, 2014				June 30, 2013
	Diluted		Basic		Diluted		Basic
Consolidated operations
Income available to common shareholders	$	101,465	$	101,465	$	89,831	$	89,831
Average equivalent shares
Shares of common stock	65,397		65,397		66,288		66,288
Effect of dilutive stock based compensation
Stock options	2,616		--		2,043		--
Restricted stock	29		--		8		--
Total average equivalent shares	68,042		65,397		68,339		66,288
Net income per share	$	1.49	$	1.55	$	1.31	$	1.36