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Note 9 - Net Income Per Common Share (Tables)

6 Months Ended

Feb. 28, 2019

Notes Tables

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

		Three Months Ended								Six Months Ended
Numerators:		February 28, 2019				February 28, 2018				February 28, 2019				February 28, 2018
Net income attributable to NTIC		$	1,401,568			$	1,332,847			$	2,898,627			$	2,416,473
Denominators:
Basic – weighted shares outstanding			4,542,177				4,537,408				4,542,175				4,537,368
Weighted shares assumed upon exercise of stock options			181,753				135,930				189,433				103,674
Diluted – weighted shares outstanding			4,723,930				4,673,338				4,731,608				4,641,042
Basic net income per share:		$	0.31			$	0.29			$	0.64			$	0.53
Diluted net income per share:		$	0.30			$	0.29			$	0.61			$	0.52

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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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