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Net Income per Share
 3 Months Ended
Aug. 31, 2018
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,		  
     2018      2017  
     (in thousands, except
per share amounts)		  

Numerator for basic and diluted net income per share:

      

Net income attributable to Neogen

    $ 15,237      $ 11,914  

Denominator for basic net income per share:

      

Weighted average shares

      51,806        50,948  

Effect of dilutive stock options

      974        620  
  

 

 

     

 

 

  

Denominator for diluted net income per share

      52,780        51,568  

Net income attributable to Neogen per share:

      

Basic

    $ 0.29      $ 0.23  
  

 

 

     

 

 

  

Diluted

    $ 0.29      $ 0.23