EARNINGS PER SHARE

9 Months Ended

Sep. 30, 2016

EARNINGS PER SHARE

EARNINGS PER SHARE

NOTE 13 — 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, 2016				September 30, 2015
	Diluted		Basic		Diluted		Basic
Consolidated operations
Income available to common shareholders	$	53,098	$	53,098	$	53,247	$	53,247
Average equivalent shares
Shares of common stock		62,858		62,858		62,886		62,886
Effect of dilutive stock based compensation
Stock options		1,791		—		1,544		—
Restricted stock		41		—		24		—
Total average equivalent shares		64,690		62,858		64,454		62,886
Net income per share	$	0.82	$	0.84	$	0.83	$	0.85
	Nine Months Ended
	September 30, 2016				September 30, 2015
	Diluted		Basic		Diluted		Basic
Consolidated operations
Income available to common shareholders	$	156,009	$	156,009	$	155,957	$	155,957
Average equivalent shares
Shares of common stock		62,878		62,878		62,627		62,627
Effect of dilutive stock based compensation
Stock options		2,059		—		1,947		—
Restricted stock		52		—		35		—
Total average equivalent shares		64,989		62,878		64,609		62,627
Net income per share	$	2.40	$	2.48	$	2.41	$	2.49