v3.19.3
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands |
3 Months Ended |
9 Months Ended |
|
|
|
|
| CONDENSED CONSOLIDATED STATEMENTS OF INCOME |
|
|
|
|
| Net sales |
$ 701,278
|
$ 665,775
|
$ 2,188,399
|
$ 2,079,733
|
| Operating Expenses: |
|
|
|
|
| Cost of sales (exclusive of depreciation and amortization shown below) |
444,237
|
435,379
|
1,382,810
|
1,355,445
|
| Selling, research & development and administrative |
111,559
|
103,574
|
346,526
|
323,146
|
| Depreciation and amortization |
49,218
|
41,857
|
144,574
|
123,133
|
| Restructuring initiatives |
6,019
|
23,852
|
17,286
|
48,002
|
| Total Operating Expenses |
611,033
|
604,662
|
1,891,196
|
1,849,726
|
| Operating Income |
90,245
|
61,113
|
297,203
|
230,007
|
| Other (Expense) Income: |
|
|
|
|
| Interest expense |
(8,898)
|
(8,735)
|
(26,868)
|
(24,754)
|
| Interest income |
957
|
1,537
|
3,738
|
6,306
|
| Equity in results of affiliates |
238
|
(45)
|
152
|
(130)
|
| Miscellaneous, net |
(269)
|
(2,928)
|
148
|
(4,372)
|
| Total Other Income (Expense) |
(7,972)
|
(10,171)
|
(22,830)
|
(22,950)
|
| Income before Income Taxes |
82,273
|
50,942
|
274,373
|
207,057
|
| Provision for Income Taxes |
25,504
|
11,920
|
80,684
|
52,966
|
| Net Income |
56,769
|
39,022
|
193,689
|
154,091
|
| Net (Income) Loss Attributable to Noncontrolling Interests |
(19)
|
(26)
|
(20)
|
(20)
|
| Net Income Attributable to AptarGroup, Inc. |
$ 56,750
|
$ 38,996
|
$ 193,669
|
$ 154,071
|
| Net Income Attributable to AptarGroup, Inc. Per Common Share: |
|
|
|
|
| Basic (in dollars per share) |
$ 0.89
|
$ 0.63
|
$ 3.05
|
$ 2.47
|
| Diluted (in dollars per share) |
$ 0.85
|
$ 0.60
|
$ 2.93
|
$ 2.38
|
| Average number of shares outstanding: |
|
|
|
|
| Basic (in shares) |
64,010
|
62,378
|
63,485
|
62,304
|
| Diluted (in shares) |
66,702
|
65,129
|
66,163
|
64,822
|
| Dividends per Common Share (in dollars per share) |
$ 0.36
|
$ 0.34
|
$ 1.06
|
$ 0.98
|
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