XML 55 R10.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Net Income per Share
6 Months Ended
Nov. 30, 2019
Net Income per Share
The calculation of net income per share follows:
 
                                 
 
Three Months Ended
   
Six Months Ended
 
 
November 30,
   
November 30,
 
 
2019
 
 
2018
 
 
2019
 
 
2018
 
 
(in thousands, except per share amounts)
 
Numerator for basic and diluted net income per share:
   
     
     
     
 
Net income attributable to Neogen
 
$
 
 
16,276
    $
 
 
16,051
   
$
 
 
30,928
    $
 
 
31,288
 
Denominator for basic net income per share:
   
     
     
     
 
Weighted average shares
   
52,557
     
52,019
     
52,355
     
51,820
 
Effect of dilutive stock options
   
319
     
572
     
357
     
721
 
                                 
Denominator for diluted net income per share
   
52,876
     
52,591
     
52,712
     
52,541
 
Net income attributable to Neogen per share:
   
     
     
     
 
Basic
  $
0.31
    $
0.31
    $
0.59
    $
0.60
 
                                 
Diluted
  $
0.31
    $
0.31
    $
0.59
    $
0.60