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Note 9 - Net Income Per Common Share - Reconciliation of the Earnings Per Share Computations (Details) - USD ($)
12 Months Ended
Aug. 31, 2019
Aug. 31, 2018
Net income attributable to NTIC $ 5,209,622 $ 6,701,366
Basic-weighted shares outstanding (in shares) 9,085,584 9,077,676
Weighted shares assumed upon exercise of stock options (in shares) 330,390 292,728
Diluted – weighted shares outstanding (in shares) 9,415,974 9,370,404
Basic earnings per share: (in dollars per share) $ 0.57 $ 0.74
Diluted earnings per share: (in dollars per share) $ 0.55 $ 0.72