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EARNINGS PER SHARE | 6 Months Ended
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Jun. 30, 2015
EARNINGS PER SHARE |
EARNINGS PER SHARE | NOTE 13 – 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 |
|  | June 30, 2015 |  | June 30, 2014 |
|  | Diluted |  | Basic |  | Diluted |  | Basic |
Consolidated operations |  |  |  |  |  |  |  |  |
Income available to common shareholders |  | $ | 57,539 |  | $ | 57,539 |  | $ | 53,076 |  | $ | 53,076 |
Average equivalent shares |  |  |  |  |  |  |  |  |
Shares of common stock |  | 62,697 |  | 62,697 |  | 65,328 |  | 65,328 |
Effect of dilutive stock based compensation |  |  |  |  |  |  |  |  |
Stock options |  | 1,550 |  | -- |  | 2,103 |  | -- |
Restricted stock |  | 29 |  | -- |  | 7 |  | -- |
Total average equivalent shares |  | 64,276 |  | 62,697 |  | 67,438 |  | 65,328 |
Net income per share |  | $ | 0.90 |  | $ | 0.92 |  | $ | 0.79 |  | $ | 0.81 |
|  | Six months ended |
|  | June 30, 2015 |  | June 30, 2014 |
|  | Diluted |  | Basic |  | Diluted |  | Basic |
Consolidated operations |  |  |  |  |  |  |  |  |
Income available to common shareholders |  | $ | 102,710 |  | $ | 102,710 |  | $ | 101,465 |  | $ | 101,465 |
Average equivalent shares |  |  |  |  |  |  |  |  |
Shares of common stock |  | 62,496 |  | 62,496 |  | 65,397 |  | 65,397 |
Effect of dilutive stock based compensation |  |  |  |  |  |  |  |  |
Stock options |  | 2,075 |  | -- |  | 2,616 |  | -- |
Restricted stock |  | 32 |  | -- |  | 29 |  | -- |
Total average equivalent shares |  | 64,603 |  | 62,496 |  | 68,042 |  | 65,397 |
Net income per share |  | $ | 1.59 |  | $ | 1.64 |  | $ | 1.49 |  | $ | 1.55 |

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