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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
CONDENSED CONSOLIDATED STATEMENTS OF INCOME      
Net sales $ 2,859,732 $ 2,764,761 $ 2,469,283
Operating Expenses:      
Cost of sales (exclusive of depreciation and amortization shown below) 1,818,398 1,812,961 1,603,070
Selling, research & development and administrative 454,617 429,955 387,424
Depreciation and amortization 194,552 171,747 153,094
Restructuring initiatives 20,472 63,829 2,208
Total Operating Expenses 2,488,039 2,478,492 2,145,796
Operating Income 371,693 286,269 323,487
Other (Expense) Income:      
Interest expense (35,489) (32,626) (40,597)
Interest income 4,174 7,056 5,470
Equity in results of affiliates 135 (229) (229)
Miscellaneous, net 1,556 5,550 6,694
Total Other Income (Expense) (29,624) (20,249) (28,662)
Income before Income Taxes 342,069 266,020 294,825
Provision for Income Taxes 99,842 71,254 74,796
Net Income 242,227 194,766 220,029
Net (Income) Loss Attributable to Noncontrolling Interests (25) (21) 1
Net Income Attributable to AptarGroup, Inc. $ 242,202 $ 194,745 $ 220,030
Net Income Attributable to AptarGroup, Inc. Per Common Share:      
Basic (in dollars per share) $ 3.81 $ 3.12 $ 3.52
Diluted (in dollars per share) $ 3.66 $ 3.00 $ 3.41
Average number of shares outstanding:      
Basic (in shares) 63,574 62,437 62,435
Diluted (in shares) 66,150 64,958 64,596