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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
CONDENSED CONSOLIDATED STATEMENTS OF INCOME        
Net sales $ 665,775 $ 624,326 $ 2,079,733 $ 1,843,388
Operating Expenses:        
Cost of sales (exclusive of depreciation and amortization shown below) 435,379 407,781 1,355,445 1,192,129
Selling, research & development and administrative 103,574 95,536 323,146 292,274
Depreciation and amortization 41,857 40,087 123,133 114,660
Restructuring initiatives 23,852   48,002  
Total Operating Expenses 604,662 543,404 1,849,726 1,599,063
Operating Income 61,113 80,922 230,007 244,325
Other (Expense) Income:        
Interest expense (8,735) (9,733) (24,754) (25,707)
Interest income 1,537 1,113 6,306 2,086
Equity in results of affiliates (45) (72) (130) (142)
Miscellaneous, net (2,928) (2,712) (4,372) (1,996)
Total Other Income (Expense) (10,171) (11,404) (22,950) (25,759)
Income before Income Taxes 50,942 69,518 207,057 218,566
Provision for Income Taxes 11,920 15,989 52,966 48,043
Net Income 39,022 53,529 154,091 170,523
Net (Income) Loss Attributable to Noncontrolling Interests (26) (6) (20) (6)
Net Income Attributable to AptarGroup, Inc. $ 38,996 $ 53,523 $ 154,071 $ 170,517
Net Income Attributable to AptarGroup, Inc. Per Common Share:        
Basic (in dollars per share) $ 0.63 $ 0.86 $ 2.47 $ 2.73
Diluted (in dollars per share) $ 0.60 $ 0.83 $ 2.38 $ 2.64
Average number of shares outstanding:        
Basic (in shares) 62,378 62,592 62,304 62,527
Diluted (in shares) 65,129 64,821 64,822 64,626
Dividends per Common Share (in dollars per share) $ 0.34 $ 0.32 $ 0.98 $ 0.96