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Net (Loss) Income Per Share | 3 Months Ended
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Aug. 31, 2024
Earnings Per Share [Abstract] |
Net (Loss) Income Per Share | 3. NET (LOSS) INCOME PER SHARE Basic net (loss) income per share was computed by dividing net (loss) income by the weighted average number of shares of common stock outstanding during the period. Diluted net (loss) income per share was computed using the treasury stock method by dividing net (loss) income by the weighted average number of shares of common stock outstanding. The calculation of net (loss) income per share follows:
|  | Three months ended August 31, |
|  | 2024 |  |  | 2023 |
Numerator for basic and diluted net (loss) income per share: |  |  |  |  |  |
Net (loss) income attributable to Neogen |  | $ | (12,609 | ) |  | $ | 1,503 |
Denominator for basic net (loss) income per share: |  |  |  |  |  |
Weighted average shares |  |  | 216,695,348 |  |  |  | 216,309,084 |
Effect of dilutive stock options and RSUs |  |  | — |  |  |  | 537,022 |
Denominator for diluted net (loss) income per share |  |  | 216,695,348 |  |  |  | 216,846,106 |
Net (loss) income per share: |  |  |  |  |  |
Basic |  | $ | (0.06 | ) |  | $ | 0.01 |
Diluted |  | $ | (0.06 | ) |  | $ | 0.01 |
Due to the net loss reported for the three months ended August 31, 2024, the dilutive stock options and RSUs were anti-dilutive. As of August 31, 2023, 45,000 shares were excluded from the calculation of diluted net income per share, because the inclusion of such securities in the calculation would have been anti-dilutive.

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