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STOCK-BASED COMPENSATION (Tables) | 12 Months Ended
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Dec. 31, 2019
STOCK-BASED COMPENSATION |
Weighted-average assumptions used to estimate fair value of stock options granted | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Stock Awards Plans: |  | ​ | ​ | ​ | ​ | ​ |
Years Ended December 31, | ​ | ​ | ​ | 2018 |  | 2017 | ​
Dividend Yield |  | ​ | ​ | 1.5 | % | 1.7 | %
Expected Stock Price Volatility |  | ​ | ​ | 14.2 | % | 15.8 | %
Risk-free Interest Rate |  | ​ | ​ | 2.8 | % | 2.2 | %
Expected Life of Option (years) |  | ​ | ​ | 6.6 | ​ | 6.7 | ​
Summary of option activity | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Stock Awards Plans | ​ | Director Stock Option Plans |
​ |  | ​ | ​ |  | Weighted Average |  | ​ |  | Weighted Average |
​ | ​ | ​ | Options | ​ | Exercise Price | ​ | Options | ​ | Exercise Price |
Outstanding, January 1, 2019 |  | ​ | 6,761,055 | ​ | $ | 65.76 |  | 155,200 | ​ | $ | 58.13 | ​
Granted |  | ​ | — | ​ |  | — |  | — | ​ |  | — | ​
Exercised |  | ​ | (1,560,047) | ​ |  | 57.10 |  | (19,949) | ​ |  | 55.99 | ​
Forfeited or expired |  | ​ | (156,828) | ​ |  | 73.15 |  | — | ​ |  | — | ​
Outstanding at December 31, 2019 |  | ​ | 5,044,180 | ​ | $ | 68.32 |  | 135,251 | ​ | $ | 58.45 | ​
Exercisable at December 31, 2019 |  | ​ | 4,288,542 | ​ | $ | 66.01 |  | 135,251 | ​ | $ | 58.45 | ​
Weighted-Average Remaining Contractual Term (Years): | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Outstanding at December 31, 2019 |  | ​ | 5.4 | ​ | ​ | ​ | ​ | 3.2 | ​ |  | ​ | ​
Exercisable at December 31, 2019 |  | ​ | 5.0 | ​ | ​ | ​ | ​ | 3.2 | ​ |  | ​ | ​
Aggregate Intrinsic Value: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Outstanding at December 31, 2019 | ​ | $ | 239,033 | ​ | ​ | ​ | $ | 7,732 | ​ | ​ | ​ | ​
Exercisable at December 31, 2019 | ​ | $ | 212,745 | ​ | ​ | ​ | $ | 7,732 | ​ | ​ | ​ | ​
Intrinsic Value of Options Exercised During the Years Ended: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
December 31, 2019 | ​ | $ | 87,251 | ​ | ​ | ​ | $ | 1,172 | ​ | ​ | ​ | ​
December 31, 2018 | ​ | $ | 72,951 | ​ | ​ | ​ | $ | 2,286 | ​ | ​ | ​ | ​
December 31, 2017 | ​ | $ | 51,140 | ​ | ​ | ​ | $ | 1,995 | ​ | ​ | ​ | ​
Weighted-average assumptions used to estimate fair value of restricted stock units | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Year Ended December 31, | ​ | ​ | 2019 | ​ | ​ | ​ | 2018 | ​ |
Fair value per stock award | ​ | $ | 134.97 | ​ | ​ | $ | 128.70 | ​ | ​
Grant date stock price | ​ | $ | 104.51 | ​ | ​ | $ | 89.42 | ​ | ​
Assumptions: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Aptar's stock price expected volatility | ​ | ​ | 16.50 | % | ​ | ​ | 12.30 | % | ​
Expected average volatility of peer companies | ​ | ​ | 31.90 | % | ​ | ​ | 27.50 | % | ​
Correlation assumption | ​ | ​ | 37.40 | % | ​ | ​ | 20.20 | % | ​
Risk-free interest rate | ​ | ​ | 2.19 | % | ​ | ​ | 2.42 | % | ​
Dividend yield assumption | ​ | ​ | 1.30 | % | ​ | ​ | 1.43 | % | ​
Summary of restricted stock unit activity | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Time-Based RSUs | ​ | Performance-Based RSUs |
​ |  |  |  | Weighted Average |  | ​ |  | Weighted Average | ​
​ | ​ | Units | ​ | Grant-Date Fair Value | ​ | Units | ​ | Grant-Date Fair Value | ​
Nonvested at January 1, 2019 | ​ | 261,487 | ​ | $ | 91.78 | ​ | 69,990 | ​ | $ | 111.55 | ​
Granted | ​ | 295,412 | ​ |  | 97.80 | ​ | 123,246 | ​ |  | 119.35 | ​
Vested | ​ | (51,433) | ​ | ​ | 88.77 | ​ | — | ​ | ​ | — | ​
Forfeited | ​ | (24,737) | ​ |  | 98.72 | ​ | (11,556) | ​ |  | 117.04 | ​
Nonvested at December 31, 2019 | ​ | 480,729 | ​ | $ | 95.45 | ​ | 181,680 | ​ | $ | 117.26 | ​

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- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of restricted stock units, including, but not limited to: (a) expected term of restricted stock units and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References No definition available. + Details
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- Definition Tabular disclosure of the changes in outstanding nonvested restricted stock units. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 + Details
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