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Net Income per Share
3 Months Ended
Aug. 31, 2022
Net Income per Share
5. NET INCOME PER SHARE
The calculation of net income per share follows:
 
    
Three Months Ended
 
    
August 31,
 
(in thousands, except per share amounts)
  
2022
    
2021
 
Numerator for basic and diluted net income per share:
                 
Net income attributable to Neogen
   $ 5,209      $ 17,077  
Denominator for basic net income per share:
                 
Weighted average shares
     107,837        107,490  
Effect of dilutive stock options and RSUs
     20        619  
    
 
 
    
 
 
 
Denominator for diluted net income per share
   $ 107,857      $ 108,109  
Net income attributable to Neogen per share:
                 
Basic
   $ 0.05      $ 0.16  
    
 
 
    
 
 
 
Diluted
   $ 0.05      $ 0.16