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Note 11 - Net Income Per Common Share (Tables)

3 Months Ended

Nov. 30, 2021

Notes Tables

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

		Three Months Ended
Numerator:		November 30, 2021				November 30, 2020
Net income attributable to NTIC		$	4,493,759			$	1,262,399
Denominator:
Basic – weighted shares outstanding			9,199,976				9,104,623
Weighted shares assumed upon exercise of stock options			579,794				540,007
Diluted – weighted shares outstanding			9,779,770				9,644,630
Basic net income per share:		$	0.49			$	0.14
Diluted net income per share:		$	0.46			$	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=124432515&loc=d3e3550-109257

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- References

No definition available.

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