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SEGMENT INFORMATION
6 Months Ended
Nov. 30, 2012
SEGMENT INFORMATION

4. SEGMENT INFORMATION

The Company has two reportable segments: Food Safety and Animal Safety. The Food Safety segment produces and markets diagnostic test kits and related products used by food producers and processors to detect harmful natural toxins, foodborne bacteria, allergens and levels of general sanitation. The Animal Safety segment is primarily engaged in the production and marketing of products dedicated to animal health, including a complete line of consumable products marketed to veterinarians and animal health product distributors; the segment also provides genetic identification services. Additionally, Animal Safety produces and markets rodenticides and disinfectants to assist in control of rodents and disease in and around agricultural, food production and other facilities.

Segment information for the three months ended November 30, 2012 and 2011 follows:

 

     Food
Safety
     Animal
Safety
     Corporate and
Eliminations (1)
    Total  
     (In thousands)  

Fiscal 2013

          

Net sales to external customers

   $ 26,030       $ 24,707       $ 0      $ 50,737   

Operating income (reduction)

     7,112         3,946         (581     10,477   

Total assets

     88,755         119,471         61,445        269,671   

Fiscal 2012

          

Net sales to external customers

   $ 22,042       $ 22,849       $ 0      $ 44,891   

Operating income (reduction)

     5,679         2,933         (469     8,143   

Total assets

     84,719         101,341         48,258        234,318   

Segment information for the six months ended November 30, 2012 and 2011 follows:

 

     Food
Safety
     Animal
Safety
     Corporate and
Eliminations (1)
    Total  
     (In thousands)  

Fiscal 2013

          

Net sales to external customers

   $ 52,225       $ 48,242       $ 0      $ 100,467   

Operating income (reduction)

     14,781         7,189         (1,165     20,805   

Fiscal 2012

          

Net sales to external customers

   $ 45,324       $ 45,264       $ 0      $ 90,588   

Operating income (reduction)

     12,843         5,676         (1,025     17,494   

 

(1) Includes corporate assets, consisting principally of cash and cash equivalents, marketable securities, deferred assets and overhead expenses not allocated to specific business segments. Also includes the elimination of intersegment transactions.