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Net Income per Share (Tables)
 3 Months Ended
Aug. 31, 2015
Calculation of Net Income Per Share

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

 

    

Three Months Ended

August 31,

  
     2015      2014  
     (In thousands, except per share amounts)  

Numerator for basic and diluted net income per share:

      

Net Income attributable to Neogen shareholders

    $ 9,323       $ 8,883   

Denominator:

      

Denominator for basic net income per share:

      

Weighted average shares

      37,213         36,776   

Effect of dilutive stock options and warrants

      542         514   

Denominator for diluted net income per share

      37,755         37,290   

Net income attributable to Neogen Corporation per share:

      

Basic

    $ 0.25       $ 0.24   

Diluted

    $ 0.25       $ 0.24