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Note 9 - Net Income Per Common Share (Tables)

3 Months Ended

Nov. 30, 2019

Notes Tables

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

		Three Months Ended
		November 30, 2019				November 30, 2018
Numerator:
Net income attributable to NTIC		$	1,212,550			$	1,497,059
Denominator:
Basic – weighted shares outstanding			9,095,607				9,084,350
Weighted shares assumed upon exercise of stock options			312,035				394,226
Diluted – weighted shares outstanding			9,407,642				9,478,576
Basic net income per share:		$	0.13			$	0.16
Diluted net income per share:		$	0.13			$	0.16

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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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