EARNINGS PER SHARE (Tables)

9 Months Ended

Feb. 28, 2022

Net income (loss) per share

Earnings per share

The following table presents the computation of basic and diluted net income (loss) per share attributable to Aehr Test Systems common shareholders (in thousands, except per share data):

	Three Months Ended					Nine Months Ended
	February 28,					February 28,
	2022		2021			2022		2021
Numerator: Net income (loss)	$	2,243	$	(735	)	$	3,656	$	(2,594	)
Denominator for basic net income (loss) per share:
Weighted average shares outstanding		26,871		23,525			25,684		23,390
Shares used in basic net income (loss) per share calculation		26,871		23,525			25,684		23,390
Effect of dilutive securities		1,983		--			1,826		--
Denominator for diluted net income (loss) per share		28,854		23,525			27,510		23,390
Basic net income (loss) per share	$	0.08	$	(0.03	)	$	0.14	$	(0.11	)
Diluted net income (loss) per share	$	0.08	$	(0.03	)	$	0.13	$	(0.11	)