| Net Income Per Share |
The computation of basic and diluted net income per common share for the years ended May 31, 2024, 2025 and 2026 is as follows:
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For the years ended May 31, |
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2024 |
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2025 |
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2026 |
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| Numerator: |
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| Net income attributable to New Oriental Education & Technology Group Inc.’s shareholders-basic (US$ in thousands) |
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309,591 |
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371,716 |
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475,172 |
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| Net income attributable to New Oriental Education & Technology Group Inc.’s shareholders-diluted (US$ in thousands) |
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308,443 |
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371,518 |
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474,030 |
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| Denominator |
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| Weighted average common shares outstanding-basic |
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1,653,597,432 |
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1,619,727,518 |
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1,578,483,794 |
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| Plus: incremental weighted average common shares from assumed vesting of NES using the treasury stock method |
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15,902,520 |
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11,409,646 |
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17,021,841 |
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| Weighted average common shares outstanding-diluted |
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1,669,499,952 |
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1,631,137,164 |
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1,595,505,635 |
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| Net income per common share |
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| - Basic (US$) |
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0.19 |
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0.23 |
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0.30 |
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| - Diluted(a) (US$) |
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0.18 |
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0.23 |
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0.30 |
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(a) |
For the year ended May 31, 2026, the Company does not have any securities that would have an anti-dilutive effect included in the computation of diluted net income per common share. |
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