| May'18 | May'17 | May'16 | May'15 | May'14 | May'13 | May'12 | May'11 | May'10 | May'09 |
|---|---|---|---|---|---|---|---|---|---|
NET REVENUES | |||||||||
Educational programs and services | |||||||||
2,165,152 | 1,608,954 | 1,309,339 | 1,102,974 | 1,006,198 | 857,685 | 675,189 | 490,418 | 352,857 | 266,389 |
Revenues | |||||||||
2,447,430 | 1,799,509 | 1,478,348 | - | - | - | - | - | - | - |
Books and others | |||||||||
- | - | - | 143,792 | 132,689 | 102,169 | 78,006 | 49,433 | 33,450 | 26,178 |
Total net revenues | |||||||||
- | - | - | 1,246,766 | 1,138,887 | 959,854 | 753,195 | 539,851 | 386,307 | 292,567 |
Operating cost and expenses | |||||||||
Cost of revenues | |||||||||
1,065,740 | 749,586 | 614,364 | 526,320 | 451,669 | 384,177 | 293,063 | 213,779 | 147,261 | 112,011 |
Selling and marketing | |||||||||
324,249 | 232,826 | 197,897 | 188,483 | 169,062 | 142,098 | 113,568 | 81,954 | 58,396 | 38,947 |
General and administrative | |||||||||
794,482 | 554,948 | 471,010 | 378,434 | 324,210 | 311,014 | 226,404 | 148,409 | 103,336 | 80,689 |
Loss on disposal of subsidiaries | |||||||||
- | - | - | - | - | - | - | -1,537 | - | 0 |
Total operating cost and expenses | |||||||||
2,184,471 | 1,537,360 | 1,283,271 | 1,093,237 | 944,941 | 837,289 | 633,035 | 445,679 | 308,993 | 231,647 |
Gain on disposal of a subsidiary | |||||||||
- | - | 3,760 | - | 3,621 | - | - | - | - | - |
OPERATING INCOME | |||||||||
262,959 | 262,149 | 198,837 | 153,529 | 197,567 | 122,565 | 120,160 | 94,172 | 77,314 | 60,920 |
OTHER INCOME, NET | |||||||||
Interest income | |||||||||
84,838 | 61,445 | 66,861 | 66,605 | 44,880 | 30,121 | 25,488 | 13,017 | 6,474 | 6,599 |
Realized gain from long-term investments | |||||||||
7,366 | 7,086 | - | - | - | - | - | - | - | - |
Impairment loss from long-term investments | |||||||||
980 | 2,338 | 0 | 0 | - | - | - | - | - | - |
Miscellaneous income, net | |||||||||
2,841 | 2,367 | 1,586 | 342 | 752 | 772 | 1,040 | 1,241 | -252 | 590 |
Income before income taxes and loss from equity method investments | |||||||||
357,024 | 330,709 | 267,284 | 220,476 | 243,199 | 153,458 | 146,688 | 108,430 | 83,536 | 68,109 |
(Provision) Benefit for income taxes: | |||||||||
Current | |||||||||
72,785 | 51,142 | 39,467 | 31,552 | 28,235 | 18,985 | 14,027 | 9,390 | 7,845 | 8,399 |
Deferred | |||||||||
-13,377 | -518 | -1,936 | -5,331 | -2,193 | -3,630 | -3,255 | -1,154 | -1,871 | -1,143 |
Provision for income taxes | |||||||||
59,408 | 50,624 | 37,531 | 26,221 | 26,042 | 15,355 | 10,772 | 8,236 | 5,974 | 7,256 |
Loss from equity method investments | |||||||||
-379 | -3,289 | -4,425 | -1,537 | -1,453 | -1,427 | - | - | - | - |
Income from continuing operations | |||||||||
- | - | - | - | - | 136,676 | 135,916 | 100,194 | - | - |
Loss from discontinued operations, net of tax | |||||||||
- | - | - | - | - | -407 | -3,228 | 1,345 | - | - |
Net income | |||||||||
297,237 | 276,796 | 225,328 | 192,718 | 215,704 | 136,269 | - | 101,539 | 77,562 | 60,853 |
Less: Net income attributable to non-controlling interests | |||||||||
1,107 | 2,339 | 444 | -295 | - | - | - | -235 | -227 | -163 |
Net income attributable to New Oriental Education & Technology Group Inc.'s shareholders | |||||||||
296,130 | 274,457 | 224,884 | 193,013 | 215,704 | 136,269 | 132,688 | 101,774 | 77,789 | 61,016 |
Net income per common share (Note 19) | |||||||||
- Basic | |||||||||
1.87 | 1.74 | 1.43 | 1.23 | 1.38 | 0.88 | 0.88 | 0.65 | - | - |
- Diluted | |||||||||
1.87 | 1.74 | 1.43 | 1.23 | 1.37 | 0.87 | 0.87 | 0.64 | - | - |
Weighted average shares used in calculating basic net income per share | |||||||||
- Basic | |||||||||
- | - | - | - | - | 0.00 | -0.02 | 0.01 | - | - |
- Diluted | |||||||||
- | - | - | - | - | 0.00 | -0.02 | 0.01 | - | - |
Net income per share attributable to shareholders of New Oriental Education & Technology Group Inc. - basic (Note 17) | |||||||||
- | - | - | - | - | - | - | - | 0.52 | 0.41 |
Net income per share attributable to shareholders of New Oriental Education & Technology Group Inc. - diluted (Note 17) | |||||||||
- | - | - | - | - | - | - | - | 0.50 | 0.40 |
- Basic | |||||||||
158,168 | 157,551 | 156,782 | 156,438 | 156,033 | 155,762 | 154,627 | 153,253 | 150,952 | 149,090 |
- Diluted | |||||||||
158,556 | 157,986 | 157,391 | 157,302 | 157,903 | 157,823 | 156,872 | 156,071 | 154,831 | 153,528 |
Share-based compensation expense | |||||||||
- | - | - | 15,689 | 20,079 | 27,242 | 24,125 | 15,045 | 16,183 | 16,750 |