EARNINGS PER SHARE

9 Months Ended

Sep. 30, 2017

EARNINGS PER SHARE

EARNINGS PER SHARE

NOTE 13 — EARNINGS PER SHARE

Aptar’s authorized common stock consists of 199 million shares, having a par value of $0.01 each.  Information related to the calculation of earnings per share is as follows:

	Three Months Ended
	September 30, 2017				September 30, 2016
	Diluted		Basic		Diluted		Basic
Consolidated operations
Income available to common stockholders	$	53,523	$	53,523	$	53,098	$	53,098
Average equivalent shares
Shares of common stock		62,592		62,592		62,858		62,858
Effect of dilutive stock based compensation
Stock options		2,171		—		1,791		—
Restricted stock		58		—		41		—
Total average equivalent shares		64,821		62,592		64,690		62,858
Net income per share	$	0.83	$	0.86	$	0.82	$	0.84

	Nine Months Ended
	September 30, 2017				September 30, 2016
	Diluted		Basic		Diluted		Basic
Consolidated operations
Income available to common stockholders	$	170,517	$	170,517	$	156,009	$	156,009
Average equivalent shares
Shares of common stock		62,527		62,527		62,878		62,878
Effect of dilutive stock based compensation
Stock options		2,046		—		2,059		—
Restricted stock		53		—		52		—
Total average equivalent shares		64,626		62,527		64,989		62,878
Net income per share	$	2.64	$	2.73	$	2.40	$	2.48