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Earnings Per Share (Tables) | 12 Months Ended
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Jun. 30, 2023
Notes Tables |
Schedule of the calculation of basic and diluted earnings per share | The following table reflects the calculation of basic and diluted earnings per share (in thousands, except per share amounts):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year Ended June 30,
​ |  | 2023 |  | 2022 |  | 2021
Earnings per share – basic: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net earnings, including noncontrolling interest | ​ | ​ | 285,442 |  | ​ | 263,099 |  | ​ | 139,585
Less net earnings (loss) attributable to noncontrolling interest | ​ | ​ | 179 |  | ​ | (8,952) |  | ​ | (825)
Net earnings attributable to Bio-Techne | ​ | $ | 285,263 | ​ | $ | 272,051 | ​ | $ | 140,410
Income allocated to participating securities | ​ |  | (70) | ​ |  | (121) | ​ |  | (86)
Income available to common shareholders | ​ | $ | 285,193 | ​ | $ | 271,930 | ​ | $ | 140,324
Weighted-average shares outstanding – basic | ​ |  | 157,179 | ​ |  | 156,874 | ​ |  | 154,986
Earnings per share – basic | ​ | $ | 1.81 | ​ | $ | 1.73 | ​ | $ | 0.91
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Earnings per share – diluted: | ​ |  |  | ​ |  |  | ​ |  |
Net earnings, including noncontrolling interest | ​ | $ | 285,442 | ​ | $ | 263,099 | ​ | $ | 139,585
Less net earnings (loss) attributable to noncontrolling interest | ​ | ​ | 179 | ​ | ​ | (8,952) | ​ | ​ | (825)
Net earnings attributable to Bio-Techne | ​ | ​ | 285,263 | ​ | ​ | 272,051 | ​ | ​ | 140,410
Income allocated to participating securities | ​ |  | (70) | ​ |  | (121) | ​ |  | (86)
Income available to common shareholders | ​ | $ | 285,193 | ​ | $ | 271,930 | ​ | $ | 140,324
Weighted-average shares outstanding – basic | ​ |  | 157,179 | ​ |  | 156,874 | ​ |  | 154,986
Dilutive effect of stock options and restricted stock units | ​ |  | 4,676 | ​ |  | 7,240 | ​ |  | 6,946
Weighted-average common shares outstanding – diluted | ​ |  | 161,855 | ​ |  | 164,114 | ​ |  | 161,932
Earnings per share – diluted | ​ | $ | 1.76 | ​ | $ | 1.66 | ​ | $ | 0.87

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
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