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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Nov. 30, 2012
May 31, 2012
CURRENT ASSETS    
Cash and cash equivalents $ 41,309 $ 49,045
Marketable securities (at fair value, which approximates cost) 29,529 19,600
Accounts receivable, less allowance of $850 and $800 37,590 35,652
Inventories 38,375 34,992
Deferred income taxes 1,328 1,328
Prepaid expenses and other current assets 4,443 3,324
TOTAL CURRENT ASSETS 152,574 143,941
NET PROPERTY AND EQUIPMENT 31,264 29,933
OTHER ASSETS    
Goodwill 60,037 53,052
Other non-amortizable intangible assets 5,275 5,270
Customer based intangibles, net of accumulated amortization of $7,955 and $7,111 11,982 10,826
Other non-current assets, net of accumulated amortization of $4,081 and $3,578 8,539 8,578
Other Assets, Noncurrent, Total 85,833 77,726
TOTAL ASSETS 269,671 251,600
CURRENT LIABILITIES    
Accounts payable 8,420 10,760
Accrued compensation 1,992 2,756
Income taxes 2,597 809
Other accruals 5,306 5,654
TOTAL CURRENT LIABILITIES 18,315 19,979
DEFERRED INCOME TAXES 10,721 9,974
OTHER LONG-TERM LIABILITIES 2,924 2,593
Liabilities, Noncurrent, Total 13,645 12,567
TOTAL LIABILITIES 31,960 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, 23,862,010 and 23,619,761 shares issued and outstanding at November 30, 2012 and May 31, 2012, respectively 3,818 3,779
Additional paid-in capital 94,277 89,592
Accumulated other comprehensive loss (749) (1,227)
Retained earnings 140,202 126,695
Total Neogen Corporation Stockholders' Equity 237,548 218,839
Noncontrolling interest 163 215
TOTAL EQUITY 237,711 219,054
TOTAL LIABILITIES AND EQUITY $ 269,671 $ 251,600