EARNINGS PER SHARE

9 Months Ended

Sep. 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
	September 30, 2014				September 30, 2013
	Diluted		Basic		Diluted		Basic
Consolidated operations
Income available to common stockholders	$	48,595	$	48,595	$	45,264	$	45,264
Average equivalent shares
Shares of common stock	64,886		64,886		66,092		66,092
Effect of dilutive stock based compensation
Stock options	1,953		--		1,887		--
Restricted stock units	6		--		7		--
Total average equivalent shares	66,845		64,886		67,986		66,092
Net income per share	$	0.73	$	0.75	$	0.67	$	0.68

	Nine months ended
	September 30, 2014				September 30, 2013
	Diluted		Basic		Diluted		Basic
Consolidated operations
Income available to common stockholders	$	150,060	$	150,060	$	135,095	$	135,095
Average equivalent shares
Shares of common stock	65,225		65,225		66,222		66,222
Effect of dilutive stock based compensation
Stock options	2,505		--		2,041		--
Restricted stock units	31		--		10		--
Total average equivalent shares	67,761		65,225		68,273		66,222
Net income per share	$	2.21	$	2.30	$	1.98	$	2.04