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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Feb. 28, 2013
May 31, 2012
CURRENT ASSETS    
Cash and cash equivalents $ 48,861 $ 49,045
Marketable securities (at fair value, which approximates cost) 25,705 19,600
Accounts receivable, less allowance of $850 and $800 38,694 35,652
Inventories 41,082 34,992
Deferred income taxes 1,328 1,328
Prepaid expenses and other current assets 4,401 3,324
TOTAL CURRENT ASSETS 160,071 143,941
NET PROPERTY AND EQUIPMENT 33,414 29,933
OTHER ASSETS    
Goodwill 61,726 53,052
Other non-amortizable intangible assets 5,360 5,270
Customer based intangibles, net of accumulated amortization of $8,434 and $7,111 12,253 10,826
Other non-current assets, net of accumulated amortization of $4,335 and $3,578 8,201 8,578
Other Assets, Noncurrent, Total 87,540 77,726
TOTAL ASSETS 281,025 251,600
CURRENT LIABILITIES    
Accounts payable 9,948 10,760
Accrued compensation 2,686 2,756
Income taxes 3,819 809
Other accruals 6,116 5,654
TOTAL CURRENT LIABILITIES 22,569 19,979
DEFERRED INCOME TAXES 10,721 9,974
OTHER LONG-TERM LIABILITIES 2,037 2,593
Liabilities, Noncurrent, Total 12,758 12,567
TOTAL LIABILITIES 35,327 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, 23,921,841 and 23,619,761 shares issued and outstanding at February 28, 2013 and May 31, 2012, respectively 3,827 3,779
Additional paid-in capital 96,290 89,592
Accumulated other comprehensive loss (1,393) (1,227)
Retained earnings 146,853 126,695
Total Neogen Corporation Stockholders' Equity 245,577 218,839
Noncontrolling interest 121 215
TOTAL EQUITY 245,698 219,054
TOTAL LIABILITIES AND EQUITY $ 281,025 $ 251,600