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Net Income per Share
 3 Months Ended
Aug. 31, 2013
Net Income per Share

3. NET INCOME PER SHARE

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

 

    

Three Months Ended

August 31,

  
     2013      2012  
     (In thousands, except
per share amounts)		  

Numerator for basic and diluted net income per share:

      

Net Income attributable to Neogen shareholders

    $ 7,839       $ 6,714   

Denominator:

      

Denominator for basic net income per share:

      

Weighted average shares

      24,106         23,678   

Effect of dilutive stock options and warrants

      572         520   
  

 

 

     

 

 

  

Denominator for diluted net income per share

      24,678         24,198   

Net income attributable to Neogen Corporation per share:

      

Basic

    $ 0.33       $ 0.28   
  

 

 

     

 

 

  

Diluted

    $ 0.32       $ 0.28