Earnings Per Share (Tables)

12 Months Ended

Jun. 30, 2022

Notes Tables

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

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

	Year Ended June 30,
	2022		2021		2020
Earnings per share – basic:
Net earnings, including noncontrolling interest		263,099		139,585		229,296
Less net earnings (loss) attributable to noncontrolling interest		(8,952)		(825)		—
Net earnings attributable to Bio-Techne	$	272,051	$	140,410	$	229,296
Income allocated to participating securities		(121)		(86)		(224)
Income available to common shareholders	$	271,930	$	140,324	$	229,072
Weighted-average shares outstanding – basic		39,219		38,747		38,201
Earnings per share – basic	$	6.93	$	3.62	$	6.00
Earnings per share – diluted:
Net earnings, including noncontrolling interest	$	263,099	$	139,585	$	229,296
Less net earnings (loss) attributable to noncontrolling interest		(8,952)		(825)		—
Net earnings attributable to Bio-Techne		272,051		140,410		229,296
Income allocated to participating securities		(121)		(86)		(224)
Income available to common shareholders	$	271,930	$	140,324	$	229,072
Weighted-average shares outstanding – basic		39,219		38,747		38,201
Dilutive effect of stock options and restricted stock units		1,810		1,736		1,200
Weighted-average common shares outstanding – diluted		41,029		40,483		39,401
Earnings per share – diluted	$	6.63	$	3.47	$	5.82