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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Year Ended June 30, |
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2022 |
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2021 |
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2020 |
Earnings per share – basic: |
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Net earnings, including noncontrolling interest |
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263,099 |
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139,585 |
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229,296 |
Less net earnings (loss) attributable to noncontrolling interest |
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(8,952) |
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(825) |
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— |
Net earnings attributable to Bio-Techne |
$ |
272,051 |
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$ |
140,410 |
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$ |
229,296 |
Income allocated to participating securities |
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(121) |
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(86) |
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(224) |
Income available to common shareholders |
$ |
271,930 |
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$ |
140,324 |
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$ |
229,072 |
Weighted-average shares outstanding – basic |
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39,219 |
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38,747 |
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38,201 |
Earnings per share – basic |
$ |
6.93 |
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$ |
3.62 |
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$ |
6.00 |
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Earnings per share – diluted: |
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Net earnings, including noncontrolling interest |
$ |
263,099 |
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$ |
139,585 |
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$ |
229,296 |
Less net earnings (loss) attributable to noncontrolling interest |
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(8,952) |
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(825) |
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— |
Net earnings attributable to Bio-Techne |
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272,051 |
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140,410 |
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229,296 |
Income allocated to participating securities |
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(121) |
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(86) |
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(224) |
Income available to common shareholders |
$ |
271,930 |
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$ |
140,324 |
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$ |
229,072 |
Weighted-average shares outstanding – basic |
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39,219 |
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38,747 |
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38,201 |
Dilutive effect of stock options and restricted stock units |
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1,810 |
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1,736 |
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1,200 |
Weighted-average common shares outstanding – diluted |
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41,029 |
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40,483 |
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39,401 |
Earnings per share – diluted |
$ |
6.63 |
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$ |
3.47 |
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$ |
5.82 |
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