| 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):
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Quarter Ended |
|
Six Months Ended |
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|
December 31, |
|
December 31, |
|
|
2023 |
|
2022 |
|
2023 |
|
2022 |
Earnings per share – basic: |
|
|
|
|
|
|
|
|
|
|
|
|
Net earnings, including noncontrolling interest |
|
$ |
27,465 |
|
$ |
50,005 |
|
$ |
78,459 |
|
$ |
139,739 |
Less net earnings (loss) attributable to noncontrolling interest |
|
|
— |
|
|
— |
|
|
— |
|
|
179 |
Net earnings attributable to Bio-Techne |
|
$ |
27,465 |
|
$ |
50,005 |
|
$ |
78,459 |
|
$ |
139,560 |
Income allocated to participating securities |
|
|
(3) |
|
|
(10) |
|
|
(13) |
|
|
(35) |
Income available to common shareholders |
|
$ |
27,462 |
|
$ |
49,995 |
|
$ |
78,446 |
|
$ |
139,525 |
Weighted-average shares outstanding – basic |
|
|
157,533 |
|
|
157,011 |
|
|
157,826 |
|
|
156,887 |
Earnings per share – basic |
|
$ |
0.17 |
|
$ |
0.32 |
|
$ |
0.50 |
|
$ |
0.89 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Earnings per share – diluted: |
|
|
|
|
|
|
|
|
|
|
|
|
Net earnings, including noncontrolling interest |
|
$ |
27,465 |
|
$ |
50,005 |
|
$ |
78,459 |
|
$ |
139,739 |
Less net earnings (loss) attributable to noncontrolling interest |
|
|
— |
|
|
— |
|
|
— |
|
|
179 |
Net earnings attributable to Bio-Techne |
|
$ |
27,465 |
|
$ |
50,005 |
|
$ |
78,459 |
|
$ |
139,560 |
Income allocated to participating securities |
|
|
(3) |
|
|
(10) |
|
|
(13) |
|
|
(35) |
Income available to common shareholders |
|
$ |
27,462 |
|
$ |
49,995 |
|
$ |
78,446 |
|
$ |
139,525 |
Weighted-average shares outstanding – basic |
|
|
157,533 |
|
|
157,011 |
|
|
157,826 |
|
|
156,887 |
Dilutive effect of stock options and restricted stock units |
|
|
2,527 |
|
|
4,739 |
|
|
3,175 |
|
|
4,879 |
Weighted-average common shares outstanding – diluted |
|
|
160,060 |
|
|
161,750 |
|
|
161,001 |
|
|
161,766 |
Earnings per share – diluted |
|
$ |
0.17 |
|
$ |
0.31 |
|
$ |
0.49 |
|
$ |
0.86 |
|