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Note 9 - Net Income Per Common Share - Reconciliation of the Earnings Per Share Computations (Details) - USD ($)
3 Months Ended 9 Months Ended
May 31, 2018
May 31, 2017
May 31, 2018
May 31, 2017
Net income attributable to NTIC $ 2,142,752 $ 1,352,416 $ 4,559,225 $ 2,037,021
Basic – weighted shares outstanding (in shares) 4,539,353 4,526,771 4,538,838 4,528,523
Weighted shares assumed upon exercise of stock options (in shares) 167,679 64,756 125,009 42,872
Diluted – weighted shares outstanding (in shares) 4,707,032 4,591,527 4,663,847 4,571,395
Basic income per share: (in dollars per share) $ 0.47 $ 0.30 $ 1 $ 0.45
Diluted income per share: (in dollars per share) $ 0.46 $ 0.30 $ 0.98 $ 0.45