ACQUISITIONS (Tables)

9 Months Ended

Sep. 30, 2020

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	99,644		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	$	183,934	$	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 Assets		Weighted-Average Useful Life (in Years)	Estimated Fair Value of Assets
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 date indicated.


	Three Months Ended September 30, 2020				Nine Months Ended September 30, 2020
	2020		2019		2020		2019

Net Sales	$	759,153	$	719,008	$	2,187,974	$	2,244,834
Net Income Attributable to AptarGroup Inc.	63,724		57,191		160,077		196,195
Net Income per common share — basic	0.99		0.89		2.49		3.09
Net Income per common share — diluted	0.95		0.86		2.41		2.97