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Net Income per Share
 3 Months Ended
Aug. 31, 2016
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,

  
     2016      2015  
     (in thousands, except per share amounts)  

Numerator for basic and diluted net income per share -

      

Net income attributable to Neogen

    $ 9,881       $ 9,323   

Denominator for basic net income per share –Weighted average shares

      37,615         37,213   

Effect of dilutive stock options

      550         542   
  

 

 

     

 

 

  

Denominator for diluted net income per share

      38,165         37,755   

Net income attributable to Neogen per share:

      

Basic

    $ 0.26       $ 0.25   
  

 

 

     

 

 

  

Diluted

    $ 0.26       $ 0.25