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Note 9 - Net Income Per Common Share (Tables)

12 Months Ended

Aug. 31, 2018

Notes Tables

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

Numerator:		August 31, 2018				August 31, 2017
Net income attributable to NTIC		$	6,701,366			$	3,422,126
Denominator:
Basic-weighted shares outstanding			4,538,838				4,528,611
Weighted shares assumed upon exercise of stock options			146,364				48,748
Diluted – weighted shares outstanding			4,685,202				4,577,359
Basic earnings per share:		$	1.48			$	0.76
Diluted earnings per share:		$	1.43			$	0.75

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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://fasb.org/us-gaap/role/ref/legacyRef
-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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