Quarterly report pursuant to Section 13 or 15(d)

Note 9 - Earnings Per Share (Tables)

v3.21.1
Note 9 - Earnings Per Share (Tables)
9 Months Ended
Mar. 31, 2021
Notes Tables  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
   

Quarter Ended

   

Nine Months Ended

 
   

March 31,

   

March 31,

 
   

2021

    2020     2021     2020  

Earnings per share – basic:

                               
Net earnings, including noncontrolling interest   $ 45,402     $ 36,432     $ 124,941     $ 170,451  
Less net earnings (loss) attributable to noncontrolling interest     (380 )     -       (509 )     -  

Net earnings attributable to Bio-Techne

  $ 45,782     $ 36,432     $ 125,450     $ 170,451  

Income allocated to participating securities

    (27

)

    (26

)

    (77

)

    (126

)

Income available to common shareholders

  $ 45,755     $ 36,406     $ 125,373     $ 170,325  

Weighted-average shares outstanding – basic

    38,856       38,303       38,693       38,167  

Earnings per share – basic

  $ 1.18     $ 0.95     $ 3.24     $ 4.46  
                                 

Earnings per share – diluted:

                               
Net earnings, including noncontrolling interest   $ 45,402     $ 36,432     $ 124,941     $ 170,451  

Less net earnings (loss) attributable to noncontrolling interest

    (380 )     -       (509 )     -  

Net earnings attributable to Bio-Techne

  $ 45,782     $ 36,432     $ 125,450     $ 170,451  

Income allocated to participating securities

    (27

)

    (26

)

    (77

)

    (126

)

Income available to common shareholders

  $ 45,755     $ 36,406     $ 125,373     $ 170,325  

Weighted-average shares outstanding – basic

    38,856       38,303       38,693       38,167  

Dilutive effect of stock options and restricted stock units

    1,820       1,132       1,612       1,187  

Weighted-average common shares outstanding – diluted

    40,676       39,435       40,305       39,354  

Earnings per share – diluted

  $ 1.12     $ 0.92     $ 3.11     $ 4.33