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Net Income per Share
3 Months Ended
Aug. 31, 2020
Net Income per Share
6. NET INCOME PER SHARE
The calculation of net income per share follows:
 
    
Three Months Ended
 
    
August 31,
 
(in thousands, except
 
per share amounts)
  
2020
    
2019
 
Numerator for basic and diluted net income per share:
     
Net income attributable to Neogen
   $ 15,860      $ 14,652  
Denominator for basic net income per share:
     
Weighted average shares
     52,992        52,292  
Effect of dilutive stock options
     293        392  
  
 
 
    
 
 
 
Denominator for diluted net income per share
     53,285        52,684  
Net income attributable to Neogen per share:
     
Basic
   $ 0.30      $ 0.28  
  
 
 
    
 
 
 
Diluted
   $ 0.30      $ 0.28