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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Nov. 30, 2013
May 31, 2013
CURRENT ASSETS    
Cash and cash equivalents $ 43,613 $ 50,032
Marketable securities (at fair value, which approximates cost) 35,479 35,337
Accounts receivable, less allowance of $1,000 and $900 45,800 38,737
Inventories 47,330 38,315
Deferred income taxes 1,462 1,462
Prepaid expenses and other current assets 5,172 4,564
TOTAL CURRENT ASSETS 178,856 168,447
NET PROPERTY AND EQUIPMENT 38,233 34,345
OTHER ASSETS    
Goodwill 66,538 59,491
Other non-amortizable intangible assets 7,280 6,660
Customer based intangibles, net of accumulated amortization of $9,954 and $9,446 18,143 12,345
Other non-current assets, net of accumulated amortization of $5,427 and $4,222 10,663 9,270
Total Other Assets 102,624 87,766
TOTAL ASSETS 319,713 290,558
CURRENT LIABILITIES    
Accounts payable 11,358 9,212
Accrued compensation 4,014 3,227
Income taxes 312 165
Other accruals 7,606 5,115
TOTAL CURRENT LIABILITIES 23,290 17,719
DEFERRED INCOME TAXES 12,449 12,449
OTHER LONG-TERM LIABILITIES 2,164 2,103
Liabilities, Noncurrent, Total 14,613 14,552
TOTAL LIABILITIES 37,903 32,271
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, 36,598,767 and 36,084,021 shares issued and outstanding at November 30, 2013 and May 31, 2013, respectively 5,856 5,773
Additional paid-in capital 108,239 99,935
Accumulated other comprehensive loss (160) (1,372)
Retained earnings 167,930 153,885
Total Neogen Corporation Stockholders' Equity 281,865 258,221
Noncontrolling interest (55) 66
TOTAL EQUITY 281,810 258,287
TOTAL LIABILITIES AND EQUITY $ 319,713 $ 290,558