APTARGROUP INC ATR Income Statement

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09	Dec'08
Net sales
2,859	2,764	2,469	2,330	2,317	2,597	2,520	2,331	2,337	2,076	1,841	2,071
Operating Expenses:
Cost of sales (exclusive of depreciation and amortization shown below)
1,818	1,812	1,603	1,496	1,502	1,755	1,708	1,590	1,568	1,378	1,225	1,411
Selling, research & development and administrative
454	429	387	366	351	383	364	341	347	296	276	295
Depreciation and amortization
194	171	153	154	138	152	149	137	134	132	133	131
Restructuring initiatives
20	63	2	-	-	-	11	3	-0	0	7	-
Total Operating Expenses
2,488	2,478	2,145	2,017	1,993	2,291	2,235	2,072	2,050	1,808	1,643	1,837
Operating Income
371	286	323	313	324	306	284	258	287	268	198	234
Other (Expense) Income:
Interest expense
35	32	40	35	34	21	20	18	17	14	16	18
Interest income
4	7	5	2	5	4	3	2	5	3	3	13
Equity in results of affiliates
0	-0	-0	-0	-0	-1	-0	-0	-0	0	0	0
Miscellaneous, net
1	5	6	-0	0	-1	-2	-1	-0	-2	-1	-2
Total Other Income (Expense)
-29	-20	-28	-33	-29	-20	-20	-17	-12	-13	-14	-7
Income before Income Taxes
342	266	294	280	294	286	264	241	274	254	184	226
Provision for Income Taxes
99	71	74	74	95	94	92	78	91	80	59	73
Net Income
242	194	220	205	199	191	171	162	183	173	124	153
Net (Income) Loss Attributable to Noncontrolling Interests
0	0	-0	0	-0	-0	-0	-0	-0	0	-0	0
Net Income Attributable to AptarGroup, Inc.
242	194	220	205	199	191	171	162	183	173	124	153
Net Income Attributable to AptarGroup, Inc. Per Common Share:
Basic (in dollars per share)
3.81	3.12	3.52	3.27	3.19	2.95	2.60	2.45	2.76	2.58	1.84	2.26
Diluted (in dollars per share)
3.66	3.00	3.41	3.17	3.09	2.85	2.52	2.38	2.65	2.48	1.79	2.18
Average number of shares outstanding:
Basic (in shares)
63	62	62	62	62	65	-	-	-	-	-	-
Diluted (in shares)
66	64	64	64	64	67	-	-	-	-	-	-