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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
CONDENSED CONSOLIDATED STATEMENTS OF INCOME    
Net sales $ 721,553 $ 744,460
Operating Expenses:    
Cost of sales (exclusive of depreciation and amortization shown below) 451,256 469,132
Selling, research & development and administrative 126,192 121,215
Depreciation and amortization 50,806 47,489
Restructuring initiatives 4,839 9,530
Total Operating Expenses 633,093 647,366
Operating Income 88,460 97,094
Other (Expense) Income:    
Interest expense (8,388) (9,214)
Interest income 175 1,748
Equity in results of affiliates (799) (95)
Miscellaneous, net (1,412) 466
Total Other Income (Expense) (10,424) (7,095)
Income before Income Taxes 78,036 89,999
Provision for Income Taxes 22,786 27,000
Net Income 55,250 62,999
Net (Income) Loss Attributable to Noncontrolling Interests 3 5
Net Income Attributable to AptarGroup, Inc. $ 55,253 $ 63,004
Net Income Attributable to AptarGroup, Inc. Per Common Share:    
Basic (in dollars per share) $ 0.86 $ 1.00
Diluted (in dollars per share) $ 0.84 $ 0.96
Average number of shares outstanding:    
Basic (in shares) 64,009 62,964
Diluted (in shares) 66,111 65,349
Dividends per Common Share (in dollars per share) $ 0.36 $ 0.34