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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
CONDENSED CONSOLIDATED STATEMENTS OF INCOME        
Net sales $ 710,608 $ 617,746 $ 1,413,958 $ 1,219,062
Operating Expenses:        
Cost of sales (exclusive of depreciation and amortization shown below) 464,244 399,664 920,066 784,348
Selling, research & development and administrative 107,111 95,456 219,572 196,738
Depreciation and amortization 40,101 37,242 81,276 74,573
Restructuring initiatives 18,214   24,150  
Total Operating Expenses 629,670 532,362 1,245,064 1,055,659
Operating Income 80,938 85,384 168,894 163,403
Other (Expense) Income:        
Interest expense (7,964) (7,712) (16,019) (15,974)
Interest income 2,521 643 4,769 973
Equity in results of affiliates (20) (22) (85) (70)
Miscellaneous, net (577) 1,275 (1,444) 716
Total Other Income (Expense) (6,040) (5,816) (12,779) (14,355)
Income before Income Taxes 74,898 79,568 156,115 149,048
Provision for Income Taxes 19,117 14,379 41,046 32,054
Net Income 55,781 65,189 115,069 116,994
Net (Income) Loss Attributable to Noncontrolling Interests (6) (15) 6  
Net Income Attributable to AptarGroup, Inc. $ 55,775 $ 65,174 $ 115,075 $ 116,994
Net Income Attributable to AptarGroup, Inc. Per Common Share:        
Basic (in dollars per share) $ 0.89 $ 1.04 $ 1.85 $ 1.87
Diluted (in dollars per share) $ 0.86 $ 1.01 $ 1.78 $ 1.81
Average number of shares outstanding:        
Basic (in shares) 62,402 62,631 62,266 62,494
Diluted (in shares) 64,850 64,828 64,640 64,519
Dividends per Common Share (in dollars per share) $ 0.32 $ 0.32 $ 0.64 $ 0.64