| Schedule of the calculation of basic and diluted earnings per share |
The following table reflects the calculation of basic and diluted earnings per share (in thousands, except per share amounts):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Quarter Ended |
|
Six Months Ended |
|
|
December 31, |
|
December 31, |
|
|
2022 |
|
2021 |
|
2022 |
|
2021 |
Earnings per share – basic: |
|
|
|
|
|
|
|
|
|
|
|
|
Net earnings, including noncontrolling interest |
|
$ |
50,005 |
|
$ |
72,059 |
|
$ |
139,739 |
|
$ |
141,040 |
Less net earnings (loss) attributable to noncontrolling interest |
|
|
- |
|
|
(8,114) |
|
|
179 |
|
|
(8,748) |
Net earnings attributable to Bio-Techne |
|
$ |
50,005 |
|
$ |
80,173 |
|
$ |
139,560 |
|
$ |
149,788 |
Income allocated to participating securities |
|
|
(10) |
|
|
(34) |
|
|
(35) |
|
|
(70) |
Income available to common shareholders |
|
$ |
49,995 |
|
$ |
80,139 |
|
$ |
139,525 |
|
$ |
149,718 |
Weighted-average shares outstanding – basic |
|
|
157,011 |
|
|
157,240 |
|
|
156,887 |
|
|
156,808 |
Earnings per share – basic |
|
$ |
0.32 |
|
$ |
0.51 |
|
$ |
0.89 |
|
$ |
0.95 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Earnings per share – diluted: |
|
|
|
|
|
|
|
|
|
|
|
|
Net earnings, including noncontrolling interest |
|
$ |
50,005 |
|
$ |
72,059 |
|
$ |
139,739 |
|
$ |
141,040 |
Less net earnings (loss) attributable to noncontrolling interest |
|
|
— |
|
|
(8,114) |
|
|
179 |
|
|
(8,748) |
Net earnings attributable to Bio-Techne |
|
$ |
50,005 |
|
$ |
80,173 |
|
$ |
139,560 |
|
$ |
149,788 |
Income allocated to participating securities |
|
|
(10) |
|
|
(34) |
|
|
(35) |
|
|
(70) |
Income available to common shareholders |
|
$ |
49,995 |
|
$ |
80,139 |
|
$ |
139,525 |
|
$ |
149,718 |
Weighted-average shares outstanding – basic |
|
|
157,011 |
|
|
157,240 |
|
|
156,887 |
|
|
156,808 |
Dilutive effect of stock options and restricted stock units |
|
|
4,739 |
|
|
7,588 |
|
|
4,879 |
|
|
7,828 |
Weighted-average common shares outstanding – diluted |
|
|
161,750 |
|
|
164,828 |
|
|
161,766 |
|
|
164,636 |
Earnings per share – diluted |
|
$ |
0.31 |
|
$ |
0.49 |
|
$ |
0.86 |
|
$ |
0.91 |
|