| Schedule of Earnings Per Share, Basic and Diluted [Table Text Block] |
The following table reflects the calculation of basic and diluted earnings per share (in thousands, except per share amounts):
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Quarter Ended |
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Nine Months Ended |
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March 31, |
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March 31, |
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2022 |
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2021 |
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2022 |
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2021 |
Earnings per share – basic: |
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Net earnings, including noncontrolling interest |
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$ |
60,144 |
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$ |
45,402 |
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$ |
201,184 |
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$ |
124,941 |
Less net earnings (loss) attributable to noncontrolling interest |
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(595) |
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(380) |
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(9,343) |
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(509) |
Net earnings attributable to Bio-Techne |
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$ |
60,739 |
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$ |
45,782 |
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$ |
210,527 |
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$ |
125,450 |
Income allocated to participating securities |
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(25) |
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(27) |
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(95) |
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(77) |
Income available to common shareholders |
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$ |
60,714 |
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$ |
45,755 |
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$ |
210,432 |
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$ |
125,373 |
Weighted-average shares outstanding – basic |
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39,272 |
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38,856 |
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39,225 |
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38,693 |
Earnings per share – basic |
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$ |
1.55 |
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$ |
1.18 |
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$ |
5.36 |
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$ |
3.24 |
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Earnings per share – diluted: |
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Net earnings, including noncontrolling interest |
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$ |
60,144 |
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$ |
45,402 |
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$ |
201,184 |
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$ |
124,941 |
Less net earnings (loss) attributable to noncontrolling interest |
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(595) |
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(380) |
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|
(9,343) |
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|
(509) |
Net earnings attributable to Bio-Techne |
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$ |
60,739 |
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$ |
45,782 |
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$ |
210,527 |
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$ |
125,450 |
Income allocated to participating securities |
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(25) |
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(27) |
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|
(95) |
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|
(77) |
Income available to common shareholders |
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$ |
60,714 |
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$ |
45,755 |
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$ |
210,432 |
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$ |
125,373 |
Weighted-average shares outstanding – basic |
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39,272 |
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38,856 |
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39,225 |
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38,693 |
Dilutive effect of stock options and restricted stock units |
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1,697 |
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1,820 |
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1,848 |
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1,612 |
Weighted-average common shares outstanding – diluted |
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40,969 |
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40,676 |
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41,073 |
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40,305 |
Earnings per share – diluted |
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$ |
1.48 |
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$ |
1.12 |
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$ |
5.12 |
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$ |
3.11 |
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