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

12 Months Ended

Aug. 31, 2016

Notes Tables

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

Numerator:	August 31, 2016			August 31, 2015
Net (loss) income attributable to NTIC	$	(867,514	)	$	1,789,571
Denominator:
Basic-weighted shares outstanding		4,537,504			4,521,788
Weighted shares assumed upon exercise of stock options		0			127,272
Diluted – weighted shares outstanding		4,537,504			4,649,060
Basic income (loss) earnings per share:	$	(0.19	)	$	0.40
Diluted income (loss) earnings per share:	$	(0.19	)	$	0.38