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Net Income per Share (Tables)
9 Months Ended
Feb. 28, 2019
Calculation of Net Income Per Share
The calculation of net income per share attributable to Neogen Corporation follows:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Three Months Ended
 
 
Nine Months Ended
 
 
 
February 28,
 
 
February 28,
 
 
 
2019
 
 
2018
 
 
2019
 
 
2018
 
 
 
(in thousands, except per share amounts)
 
Numerator for basic and diluted net income per share:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income attributable to Neogen
 
$
13,073
 
 
$
16,586
 
 
$
44,361
 
 
$
45,600
 
Denominator for basic net income per share:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Weighted average shares
 
 
52,071
 
 
 
51,537
 
 
 
51,849
 
 
 
51,253
 
Effect of dilutive stock options
 
 
401
 
 
 
700
 
 
 
599
 
 
 
761
 
Denominator for diluted net income per share
 
 
52,472
 
 
 
52,237
 
 
 
52,448
 
 
 
52,014
 
Net income attributable to Neogen per share:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic
 
$
0.25
 
 
$
0.32
 
 
$
0.86
 
 
$
0.89
 
Diluted
 
$
0.25
 
 
$
0.32
 
 
$
0.85
 
 
$
0.88