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Earnings Per Share (Tables) | 9 Months Ended
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Mar. 31, 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):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Quarter Ended | ​ | Nine Months Ended
​ | ​ | March 31, | ​ | March 31,
​ |  | 2023 |  | 2022 | ​ | 2023 |  | 2022
Earnings per share – basic: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net earnings, including noncontrolling interest | ​ | $ | 70,218 |  | $ | 60,144 | ​ | $ | 209,958 |  | $ | 201,184
Less net earnings (loss) attributable to noncontrolling interest | ​ | ​ | - |  | ​ | (595) | ​ | ​ | 179 |  | ​ | (9,343)
Net earnings attributable to Bio-Techne | ​ | $ | 70,218 | ​ | $ | 60,739 | ​ | $ | 209,779 | ​ | $ | 210,527
Income allocated to participating securities | ​ |  | (16) | ​ |  | (25) | ​ |  | (52) | ​ |  | (95)
Income available to common shareholders | ​ | $ | 70,202 | ​ | $ | 60,714 | ​ | $ | 209,727 | ​ | $ | 210,432
Weighted-average shares outstanding – basic | ​ |  | 157,311 | ​ |  | 157,087 | ​ |  | 157,071 | ​ |  | 156,899
Earnings per share – basic | ​ | $ | 0.45 | ​ | $ | 0.39 | ​ | $ | 1.34 | ​ | $ | 1.34
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Earnings per share – diluted: | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Net earnings, including noncontrolling interest | ​ | $ | 70,218 | ​ | $ | 60,144 | ​ | $ | 209,958 | ​ | $ | 201,184
Less net earnings (loss) attributable to noncontrolling interest | ​ | ​ | — | ​ | ​ | (595) | ​ | ​ | 179 | ​ | ​ | (9,343)
Net earnings attributable to Bio-Techne | ​ | $ | 70,218 | ​ | $ | 60,739 | ​ | $ | 209,779 | ​ | $ | 210,527
Income allocated to participating securities | ​ |  | (16) | ​ |  | (25) | ​ |  | (52) | ​ |  | (95)
Income available to common shareholders | ​ | $ | 70,202 | ​ | $ | 60,714 | ​ | $ | 209,727 | ​ | $ | 210,432
Weighted-average shares outstanding – basic | ​ |  | 157,311 | ​ |  | 157,087 | ​ |  | 157,071 | ​ |  | 156,899
Dilutive effect of stock options and restricted stock units | ​ |  | 4,304 | ​ |  | 6,787 | ​ |  | 4,697 | ​ |  | 7,393
Weighted-average common shares outstanding – diluted | ​ |  | 161,615 | ​ |  | 163,874 | ​ |  | 161,768 | ​ |  | 164,292
Earnings per share – diluted | ​ | $ | 0.43 | ​ | $ | 0.37 | ​ | $ | 1.30 | ​ | $ | 1.28
​

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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 -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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