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EARNINGS PER SHARE
6 Months Ended
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 

 

--

 

 

--

 

 

 

 

 

 

 

 

 

 

 

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