Note 10 - Net (Loss) Income Per Common Share (Tables)

6 Months Ended

Feb. 29, 2016

Notes Tables

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

	Three Months Ended						Six Months Ended
Numerators:	February 29, 2016			February 28, 2015			February 29, 2016			February 28, 2015
Net (loss) income attributable to NTIC	$	(107,789	)	$	(128,644	)	$	(342,140	)	$	876,621
Denominators:
Basic – weighted shares outstanding		4,537,429			4,522,514			4,536,995			4,516,311
Weighted shares assumed upon exercise of stock options		-			-			-			139,481
Diluted – weighted shares outstanding		4,537,429			4,522,514			4,536,995			4,655,792
Basic (loss) income per share:	$	(0.02	)	$	(0.03	)	$	(0.08	)	$	0.20
Diluted (loss) income per share:	$	(0.02	)	$	(0.03	)	$	(0.08	)	$	0.19