Net Income per Share (Tables)

3 Months Ended

Aug. 31, 2019

Calculation of Net Income Per Share

The calculation of net income per share follows:

	Three Months Ended
	August 31,
	2019		2018
	(in thousands, except per share amounts)
Numerator for basic and diluted net income per share:
Net income	$	14,652	$	15,237
Denominator for basic net income per share:
Weighted average shares		52,292		51,806
Effect of dilutive stock options		392		974
Denominator for diluted net income per share		52,684		52,780
Net income per share:
Basic	$	0.28	$	0.29
Diluted	$	0.28	$	0.29