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Note 10 - Net Income Per Common Share - Reconciliation of the Earnings Per Share Computations (Details) - USD ($)
3 Months Ended 9 Months Ended
May 31, 2017
May 31, 2016
May 31, 2017
May 31, 2016
Net income attributable to NTIC $ 1,352,416 $ 917,373 $ 2,037,021 $ 575,233
Basic – weighted shares outstanding (in shares) 4,526,771 4,538,970 4,528,523 4,538,005
Weighted shares assumed upon exercise of stock options (in shares) 64,756 24,831 42,872 49,059
Diluted – weighted shares outstanding (in shares) 4,591,527 4,563,801 4,571,395 4,587,064
Basic income per share: (in dollars per share) $ 0.30 $ 0.20 $ 0.45 $ 0.13
Diluted income per share: (in dollars per share) $ 0.30 $ 0.20 $ 0.45 $ 0.13