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Note 10 - Net Income Per Common Share (Tables)

9 Months Ended

May 31, 2016

Notes Tables

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

		Three Months Ended								Nine Months Ended
Numerators:		May 31, 2016				May 31, 2015				May 31, 2016				May 31, 2015
Net income attributable to NTIC		$	917,373			$	905,435			$	575,233			$	1,785,056
Denominators:
Basic – weighted shares outstanding			4,538,970				4,525,109				4,538,005				4,519,279
Weighted shares assumed upon exercise of stock options			24,831				69,883				49,059				116,282
Diluted – weighted shares outstanding			4,563,801				4,594,992				4,587,064				4,635,561
Basic income per share:		$	0.20			$	0.20			$	0.13			$	0.40
Diluted income per share:		$	0.20			$	0.20			$	0.13			$	0.39

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

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- References

No definition available.

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