Summary of Quarterly Data (Unaudited)

12 Months Ended

May 31, 2017

11.	Summary of Quarterly Data (Unaudited)


	Quarter Ended
(in thousands, except per share)	August 2016		November 2016		February 2017		May 2017
Total Revenue	$	83,645	$	90,717	$	88,385	$	98,847
Gross Margin		40,479		43,591		40,880		47,018
Net income		9,934		11,171		10,377		12,491
Net income attributable to Neogen		9,881		11,151		10,287		12,474
Basic net income per share		0.26		0.29		0.27		0.34
Diluted net income per share		0.26		0.29		0.27		0.32

	Quarter Ended
(in thousands, except per share)	August 2015		November 2015		February 2016		May 2016
Total Revenue	$	74,860	$	79,610	$	76,725	$	90,080
Gross Margin		37,792		38,224		35,196		41,852
Net income		9,289		9,142		8,289		9,818
Net income attributable to Neogen		9,323		9,073		8,311		9,857
Basic net income per share		0.25		0.24		0.22		0.27
Diluted net income per share		0.25		0.24		0.22		0.26

Quarterly net income per share is based on weighted-average shares outstanding and potentially dilutive stock options for the specific period, and as a result, will not necessarily aggregate to total net income per share as computed for the year as disclosed in the consolidated statements of income.