3. NET INCOME PER SHARE

The calculation of net income per share attributable to Neogen Corporation follows:


	Three Months Ended August 31
	2012		2011
Numerator for basic and diluted net income per share:
Net Income attributable to Neogen shareholders	$	6,714	$	6,004
Denominator:
Denominator for basic net income per share:
Weighted average shares		23,678		23,326
Effect of dilutive stock options and warrants		520		735

Denominator for diluted net income per share		24,198		24,061
Net income attributable to Neogen Corporation per share:
Basic	$	0.28	$	0.26

Diluted	$	0.28	$	0.25