EARNINGS PER SHARE

9 Months Ended

Sep. 30, 2015

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
	September 30, 2015				September 30, 2014
	Diluted		Basic		Diluted		Basic
Consolidated operations
Income available to common shareholders	$	53,247	$	53,247	$	48,595	$	48,595


Average equivalent shares
Shares of common stock	62,886		62,886		64,886		64,886
Effect of dilutive stock based compensation
Stock options	1,544		--		1,953		--
Restricted stock	24		--		6		--

Total average equivalent shares	64,454		62,886		66,845		64,886

Net income per share	$	0.83	$	0.85	$	0.73	$	0.75

	Nine months ended
	September 30, 2015				September 30, 2014
	Diluted		Basic		Diluted		Basic
Consolidated operations
Income available to common shareholders	$	155,957	$	155,957	$	150,060	$	150,060


Average equivalent shares
Shares of common stock	62,627		62,627		65,225		65,225
Effect of dilutive stock based compensation
Stock options	1,947		--		2,505		--
Restricted stock	35		--		31		--

Total average equivalent shares	64,609		62,627		67,761		65,225

Net income per share	$	2.41	$	2.49	$	2.21	$	2.30