XML 78 R23.htm IDEA: XBRL DOCUMENT
v3.19.3

EARNINGS PER SHARE | 9 Months Ended
--- | ---
Sep. 30, 2019
EARNINGS PER SHARE |
EARNINGS PER SHARE | NOTE 15 – EARNINGS PER SHARE Basic net income per share is calculated by dividing net income attributable to Aptar by the weighted-average number of common shares outstanding during the period. Diluted net income per share is calculated by dividing the net income attributable to Aptar by the weighted-average number of common and common equivalent shares outstanding during the applicable period. The difference between basic and diluted earnings per share is attributable to stock-based compensation awards. Stock-based compensation awards for which total employee proceeds exceed the average market price over the applicable period would have an antidilutive effect on earnings per share, and accordingly, are excluded from the calculation of diluted earnings per share. The reconciliation of basic and diluted earnings per share for the three and nine months ended September 30, 2019 and 2018 is as follows: ​ ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended | ​
​ | ​ | September 30, 2019 | ​ | September 30, 2018 |
​ | ​ | Diluted | ​ | Basic | ​ | Diluted | ​ | Basic | ​
Consolidated operations | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Income available to common stockholders | ​ | $ | 56,750 | ​ | $ | 56,750 | ​ | $ | 38,996 | ​ | $ | 38,996 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Average equivalent shares | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Shares of common stock | ​ |  | 64,010 | ​ |  | 64,010 | ​ |  | 62,378 | ​ |  | 62,378 | ​
Effect of dilutive stock-based compensation | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Stock options | ​ |  | 2,367 | ​ |  | — | ​ |  | 2,659 | ​ |  | — | ​
Restricted stock | ​ |  | 325 | ​ |  | — | ​ |  | 92 | ​ |  | — | ​
Total average equivalent shares | ​ |  | 66,702 | ​ | ​ | 64,010 | ​ | ​ | 65,129 | ​ | ​ | 62,378 | ​
Net income per share | ​ | $ | 0.85 | ​ | $ | 0.89 | ​ | $ | 0.60 | ​ | $ | 0.63 | ​
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Nine Months Ended | ​
​ | ​ | September 30, 2019 | ​ | September 30, 2018 | ​
​ | ​ | Diluted | ​ | Basic | ​ | Diluted | ​ | Basic |
Consolidated operations | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Income available to common stockholders | ​ | $ | 193,669 | ​ | $ | 193,669 | ​ | $ | 154,071 | ​ | $ | 154,071 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Average equivalent shares | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Shares of common stock | ​ |  | 63,485 | ​ |  | 63,485 | ​ |  | 62,304 | ​ |  | 62,304 | ​
Effect of dilutive stock-based compensation | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Stock options | ​ |  | 2,425 | ​ |  | — | ​ |  | 2,440 | ​ |  | — | ​
Restricted stock | ​ |  | 253 | ​ |  | — | ​ |  | 78 | ​ |  | — | ​
Total average equivalent shares | ​ |  | 66,163 | ​ | ​ | 63,485 | ​ | ​ | 64,822 | ​ | ​ | 62,304 | ​
Net income per share | ​ | $ | 2.93 | ​ | $ | 3.05 | ​ | $ | 2.38 | ​ | $ | 2.47 | ​
​

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration