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EARNINGS PER SHARE | 3 Months Ended
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Mar. 31, 2017
EARNINGS PER SHARE |
EARNINGS PER SHARE | NOTE 13 — EARNINGS PER SHARE Aptar’s authorized common stock consists of 199 million shares, having a par value of $0.01 each. Information related to the calculation of earnings per share is as follows:
|  | Three Months Ended |
|  | March 31, 2017 |  | March 31, 2016 |
|  | Diluted |  | Basic |  | Diluted |  | Basic |
Consolidated operations |  |  |  |  |  |  |  |  |  |  |  |  |
Income available to common stockholders |  | $ | 51,820 |  | $ | 51,820 |  | $ | 43,863 |  | $ | 43,863 |
Average equivalent shares |  |  |  |  |  |  |  |  |  |  |  |  |
Shares of common stock |  |  | 62,355 |  |  | 62,355 |  |  | 62,722 |  |  | 62,722 |
Effect of dilutive stock based compensation |  |  |  |  |  |  |  |  |  |  |  |  |
Stock options |  |  | 1,827 |  |  | — |  |  | 2,299 |  |  | — |
Restricted stock |  |  | 52 |  |  | — |  |  | 42 |  |  | — |
Total average equivalent shares |  |  | 64,234 |  |  | 62,355 |  |  | 65,063 |  |  | 62,722 |
Net income per share |  | $ | 0.81 |  | $ | 0.83 |  | $ | 0.67 |  | $ | 0.70 |

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