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EARNINGS PER SHARE | 9 Months Ended
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Sep. 30, 2014
EARNINGS PER SHARE |
EARNINGS PER SHARE | NOTE 12 – EARNINGS PER SHARE AptarGroup’s authorized common stock consists of 199 million shares, having a par value of $.01 each. Information related to the calculation of earnings per share is as follows:
|  | Three months ended |
|  | September 30, 2014 |  | September 30, 2013 |
|  | Diluted |  | Basic |  | Diluted |  | Basic |
Consolidated operations |  |  |  |  |  |  |  |  |
Income available to common stockholders |  | $ | 48,595 |  | $ | 48,595 |  | $ | 45,264 |  | $ | 45,264 |
Average equivalent shares |  |  |  |  |  |  |  |  |
Shares of common stock |  | 64,886 |  | 64,886 |  | 66,092 |  | 66,092 |
Effect of dilutive stock based compensation |  |  |  |  |  |  |  |  |
Stock options |  | 1,953 |  | -- |  | 1,887 |  | -- |
Restricted stock units |  | 6 |  | -- |  | 7 |  | -- |
Total average equivalent shares |  | 66,845 |  | 64,886 |  | 67,986 |  | 66,092 |
Net income per share |  | $ | 0.73 |  | $ | 0.75 |  | $ | 0.67 |  | $ | 0.68 |
|  | Nine months ended |
|  | September 30, 2014 |  | September 30, 2013 |
|  | Diluted |  | Basic |  | Diluted |  | Basic |
Consolidated operations |  |  |  |  |  |  |  |  |
Income available to common stockholders |  | $ | 150,060 |  | $ | 150,060 |  | $ | 135,095 |  | $ | 135,095 |
Average equivalent shares |  |  |  |  |  |  |  |  |
Shares of common stock |  | 65,225 |  | 65,225 |  | 66,222 |  | 66,222 |
Effect of dilutive stock based compensation |  |  |  |  |  |  |  |  |
Stock options |  | 2,505 |  | -- |  | 2,041 |  | -- |
Restricted stock units |  | 31 |  | -- |  | 10 |  | -- |
Total average equivalent shares |  | 67,761 |  | 65,225 |  | 68,273 |  | 66,222 |
Net income per share |  | $ | 2.21 |  | $ | 2.30 |  | $ | 1.98 |  | $ | 2.04 |

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