EARNINGS PER SHARE

12 Months Ended

Dec. 31, 2024

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 (“EPS”) for the years ended December 31, 2024, 2023 and 2022 are as follows:


	Income (Numerator)		Shares (Denominator)	Per Share Amount
For the Year Ended December 31, 2024
Basic EPS
Income available to common stockholders	$	374,541	66,334	$	5.65
Effect of Dilutive Securities
Stock options			765
Restricted stock			592
Diluted EPS
Income available to common stockholders	$	374,541	67,691	$	5.53
For the Year Ended December 31, 2023
Basic EPS
Income available to common stockholders	$	284,487	65,616	$	4.34
Effect of Dilutive Securities
Stock options			874
Restricted stock			415
Diluted EPS
Income available to common stockholders	$	284,487	66,905	$	4.25
For the Year Ended December 31, 2022
Basic EPS
Income available to common stockholders	$	239,288	65,402	$	3.66
Effect of Dilutive Securities
Stock options			978
Restricted stock			339
Diluted EPS
Income available to common stockholders	$	239,288	66,719	$	3.59