v2.4.0.6
CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Aug. 31, 2012
Aug. 31, 2011
Net Sales $ 49,729 $ 45,697
Cost of goods sold 23,235 22,720
GROSS MARGIN 26,494 22,977
OPERATING EXPENSES    
Sales and marketing 9,758 8,103
General and administrative 4,482 4,012
Research and development 1,926 1,512
Operating Expenses, Total 16,166 13,627
OPERATING INCOME 10,328 9,350
OTHER INCOME (EXPENSE)    
Interest income 38 22
Change in purchase consideration (13) (26)
Other income (expense) 47 (33)
Nonoperating Income (Expense), Total 72 (37)
INCOME BEFORE INCOME TAXES 10,400 9,313
INCOME TAXES 3,700 3,300
NET INCOME 6,700 6,013
Net Loss (Income) attributable to non-controlling interest 14 (9)
Net Income attributable to Neogen Corporation $ 6,714 $ 6,004
NET INCOME ATTRIBUTABLE TO NEOGEN CORPORATION PER SHARE    
Basic $ 0.28 $ 0.26
Diluted $ 0.28 $ 0.25