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Net Income per Share (Tables)
3 Months Ended
Aug. 31, 2014
Calculation of Net Income Per Share

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

 

    

Three Months Ended

August 31,

 
     2014      2013  
     (In thousands, except per share
amounts)
 

Numerator for basic and diluted net income per share:

     

Net Income attributable to Neogen shareholders

   $ 8,883       $ 7,839   

Denominator:

     

Denominator for basic net income per share:

     

Weighted average shares

     36,776         36,159   

Effect of dilutive stock options and warrants

     514         858   
  

 

 

    

 

 

 

Denominator for diluted net income per share

     37,290         37,017   

Net income attributable to Neogen Corporation

per share:

     

Basic

   $ 0.24       $ 0.22   
  

 

 

    

 

 

 

Diluted

   $ 0.24       $ 0.21