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ACQUISITIONS (Tables) | 12 Months Ended
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Dec. 31, 2020
Business Combinations [Abstract] |
Summary of assets acquired and liabilities assumed at estimated fair value | The following table summarizes the assets acquired and liabilities assumed as of the acquisition date at estimated fair value.
| 2020 |  | 2019
Assets |  |  |
Cash and equivalents | $ | 1,010 |  |  | $ | 3,427 |
Accounts receivable | 4,380 |  |  | 3,504 |
Inventories | 386 |  |  | — |
Prepaid and other | 1,090 |  |  | 2,478 |
Property, plant and equipment | 2,885 |  |  | 4,267 |
Goodwill | 103,130 |  |  | 59,143 |
Intangible assets | 79,900 |  |  | 52,980 |
Operating lease right-of-use assets | 4,744 |  |  | — |
Other miscellaneous assets | 65 |  |  | 430 |
Liabilities |  |  |
Accounts payable, accrued and other liabilities | 5,641 |  |  | 5,388 |
Deferred income taxes | — |  |  | 2,592 |
Operating lease liabilities | 4,207 |  |  | — |
Deferred and other non-current liabilities | 322 |  |  | 1,598 |
Net assets acquired | $ | 187,420 |  |  | $ | 116,651 |
Summary of the fair value estimates of the acquired identifiable intangible assets and weighted-average useful lives as of the acquisition date | The following table is a summary of the fair value estimates of the acquired identifiable intangible assets and weighted-average useful lives as of the acquisition date:
| 2020 |  | 2019
| Weighted-Average Useful Life (in years) |  | Estimated Fair Value of Asset |  | Weighted-Average Useful Life (in years) |  | Estimated Fair Value of Asset
Acquired technology | 4 |  | $ | 4,600 |  |  | 8 |  | $ | 9,160 |
Customer relationships | 13 |  | 62,300 |  |  | 11 |  | 39,379 |
Trademarks and trade names | 4 |  | 10,300 |  |  | 4 |  | 2,457 |
License agreements and other | 0.25 |  | 2,700 |  |  | 1 |  | 1,984 |
Total |  |  | $ | 79,900 |  |  |  |  | $ | 52,980 |
Schedule of unaudited pro forma financial information | Accordingly, the unaudited pro forma financial information below is not necessarily indicative of either future results of operations or results that might have been achieved had the acquisition been completed on the dates indicated.
Years Ended December 31, | 2020 |  | 2019
Net Sales | $ | 2,937,303 |  |  | $ | 2,937,218 |
Net Income Attributable to AptarGroup Inc. | 215,619 |  |  | 247,263 |
Net Income per common share — basic | 3.35 |  |  | 3.89 |
Net Income per common share — diluted | 3.23 |  |  | 3.74 |

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- Definition Tabular disclosure of finite-lived intangible assets acquired as part of a business combination or through an asset purchase, by major class and in total, including the value of the asset acquired, any significant residual value (the expected value of the asset at the end of its useful life) and the weighted-average amortization period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121647850&loc=d3e4845-128472 + Details
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