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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, 2019
May 31, 2018
May 31, 2019
May 31, 2018
Net income attributable to NTIC $ 1,482,149 $ 2,142,752 $ 4,380,776 $ 4,559,225
Basic – weighted shares outstanding (in shares) 9,084,354 9,078,706 9,085,584 9,077,676
Weighted shares assumed upon exercise of stock options (in shares) 308,090 335,358 355,274 250,018
Diluted – weighted shares outstanding (in shares) 9,392,444 9,414,064 9,440,858 9,327,694
Basic net income per share: (in dollars per share) $ 0.16 $ 0.24 $ 0.48 $ 0.50
Diluted net income per share: (in dollars per share) $ 0.16 $ 0.23 $ 0.46 $ 0.49