v2.4.0.6
CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Aug. 31, 2012
May 31, 2012
CURRENT ASSETS    
Cash and cash equivalents $ 44,485 $ 49,045
Marketable securities 30,019 19,600
Accounts receivable, less allowance of $850 and $800 37,694 35,652
Inventories 35,009 34,992
Deferred income taxes 1,328 1,328
Prepaid expenses and other current assets 4,200 3,324
TOTAL CURRENT ASSETS 152,735 143,941
NET PROPERTY AND EQUIPMENT 30,666 29,933
OTHER ASSETS    
Goodwill 53,078 53,052
Other non-amortizable intangible assets 5,275 5,270
Customer based intangibles, net of accumulated amortization of $7,509 and $7,111 10,428 10,826
Other non-current assets, net of accumulated amortization of $3,821 and $3,578 8,615 8,578
Other Assets, Noncurrent, Total 77,396 77,726
TOTAL ASSETS 260,797 251,600
CURRENT LIABILITIES    
Accounts payable 9,329 10,760
Accrued compensation 2,146 2,756
Income taxes 2,396 809
Other accruals 5,099 5,654
TOTAL CURRENT LIABILITIES 18,970 19,979
DEFERRED INCOME TAXES 9,974 9,974
OTHER LONG-TERM LIABILITIES 2,638 2,593
Liabilities, Noncurrent, Total 12,612 12,567
TOTAL LIABILITIES 31,582 32,546
EQUITY    
Preferred stock, $1.00 par value, 100,000 shares authorized, none issued and outstanding 0 0
Common stock, $.16 par value, 60,000,000 shares authorized, 23,799,877 and 23,619,761 shares issued and outstanding at August 31, 2012 and May 31, 2012, respectively 3,808 3,779
Additional paid-in capital 92,676 89,592
Accumulated other comprehensive loss (879) (1,227)
Retained earnings 133,409 126,695
Total Neogen Corporation Stockholders' Equity 229,014 218,839
Noncontrolling interest 201 215
TOTAL EQUITY 229,215 219,054
TOTAL LIABILITIES AND EQUITY $ 260,797 $ 251,600