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Note 9 - Net Income Per Common Share (Tables)

3 Months Ended

Nov. 30, 2020

Notes Tables

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

		Three Months Ended
Numerator:		November 30, 2020				November 30, 2019
Net income attributable to NTIC		$	1,262,399			$	1,212,550
Denominator:
Basic – weighted shares outstanding			9,104,623				9,095,607
Weighted shares assumed upon exercise of stock options			540,007				312,035
Diluted – weighted shares outstanding			9,644,630				9,407,642
Basic net income per share:		$	0.14			$	0.13
Diluted net income per share:		$	0.13			$	0.13

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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/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

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- References

No definition available.

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