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ACQUISITIONS (Tables)
6 Months Ended
Jun. 30, 2020
ACQUISITIONS  
Summary of assets acquired and liabilities assumed at estimated fair value

    

2020

    

2019

 

Assets

Cash and equivalents

$

1,010

$

3,427

Accounts receivable

 

4,380

 

3,504

Inventories

 

386

 

Prepaid and other

 

1,090

 

2,478

Property, plant and equipment

 

2,885

 

4,267

Goodwill

 

99,644

 

59,143

Intangible assets

 

79,900

 

52,980

Operating lease right-of-use assets

4,744

Other miscellaneous assets

 

65

 

430

Liabilities

Accounts payable, accrued and other liabilities

 

5,641

 

5,388

Deferred income taxes

 

 

2,592

Operating lease liabilities

4,207

Deferred and other non-current liabilities

 

322

 

1,598

Net assets acquired

$

183,934

$

116,651

Summary of the fair value estimates of the acquired identifiable intangible assets and weighted-average useful lives as of the acquisition date

2020

2019

    

Weighted-Average

    

Estimated

    

Weighted-Average

    

Estimated

 

Useful Life

Fair Value

Useful Life

Fair Value

 

(in years)

of Asset

(in years)

of Asset

 

Acquired technology

 

4

$

4,600

 

8

$

9,160

Customer relationships

 

13

 

62,300

 

11

 

39,379

Trademarks and trade names

4

10,300

4

2,457

License agreements and other

 

0.25

 

2,700

 

1

 

1,984

Total

$

79,900

$

52,980

Schedule of unaudited pro forma financial information

Three Months Ended June 30,

Six Months Ended June 30,

2020

2019

    

2020

2019

Net Sales

$

699,305

$

762,148

$

1,428,821

$

1,525,826

Net Income Attributable to AptarGroup Inc.

 

45,989

 

75,811

 

96,350

 

139,003

Net Income per common share — basic

 

0.72

 

1.19

 

1.50

 

2.20

Net Income per common share — diluted

 

0.69

 

1.14

 

1.45

 

2.11