Net Income per Share (Tables)

9 Months Ended

Feb. 28, 2015

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


	Three Months Ended February 28,				Nine Months Ended February 28,
	2015		2014		2015		2014
	(In thousands, except per share amounts)
Numerator for basic and diluted net income per share:
Net Income attributable to Neogen shareholders	$	7,454	$	6,575	$	24,142	$	20,621
Denominator:
Denominator for basic net income per share:
Weighted average shares		37,006		36,613		36,907		36,471
Effect of dilutive stock options and warrants		530		620		492		678

Denominator for diluted net income per share		37,536		37,233		37,399		37,149
Net income attributable to Neogen Corporation per share:
Basic	$	0.20	$	0.18	$	0.65	$	0.57

Diluted	$	0.20	$	0.18	$	0.65	$	0.56