Net Income per Share (Tables)

9 Months Ended

Feb. 29, 2016

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


	Three Months Ended February 29/28,				Nine Months Ended February 29/28,
	2016		2015		2016		2015
	(In thousands, except per share amounts)
Numerator for basic and diluted net income per share:
Net Income attributable to Neogen shareholders	$	8,311	$	7,454	$	26,707	$	24,142
Denominator:
Denominator for basic net income per share:
Weighted average shares		37,473		37,006		37,358		36,907
Effect of dilutive stock options and warrants		485		530		500		492

Denominator for diluted net income per share		37,958		37,536		37,858		37,399
Net income attributable to Neogen Corporation per share:
Basic	$	0.22	$	0.20	$	0.71	$	0.65

Diluted	$	0.22	$	0.20	$	0.71	$	0.65