Earnings Per Share (Tables)

3 Months Ended

Sep. 30, 2023

The following table reflects the calculation of basic and diluted earnings per share (in thousands, except per share amounts):


	Quarter Ended
	September 30,
	2023		2022
Earnings per share – basic:
Net earnings, including noncontrolling interest	$	50,993	$	89,734
Less net earnings (loss) attributable to noncontrolling interest		—		179
Net earnings attributable to Bio-Techne	$	50,993	$	89,555
Income allocated to participating securities		(8)		(26)
Income available to common shareholders	$	50,985	$	89,529
Weighted-average shares outstanding – basic		158,130		156,929
Earnings per share – basic	$	0.32	$	0.57

Earnings per share – diluted:
Net earnings, including noncontrolling interest	$	50,993	$	89,734
Less net earnings (loss) attributable to noncontrolling interest		—		179
Net earnings attributable to Bio-Techne	$	50,993	$	89,555
Income allocated to participating securities		(8)		(26)
Income available to common shareholders	$	50,985	$	89,529
Weighted-average shares outstanding – basic		158,130		156,929
Dilutive effect of stock options and restricted stock units		3,810		5,243
Weighted-average common shares outstanding – diluted		161,940		162,172
Earnings per share – diluted	$	0.31	$	0.55