XML 13 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
 3 Months Ended 6 Months Ended
Nov. 30, 2013
Nov. 30, 2012
Nov. 30, 2013
Nov. 30, 2012
REVENUES        
Product revenues $ 53,228 $ 46,492 $ 104,575 $ 91,306
Service revenues 6,371 4,245 13,572 9,161
Total Revenues 59,599 50,737 118,147 100,467
COST OF REVENUES        
Cost of product revenues 25,792 20,695 49,302 41,015
Cost of service revenues 4,316 2,736 8,990 5,652
Total Cost of Revenues 30,108 23,431 58,292 46,667
GROSS MARGIN 29,491 27,306 59,855 53,800
OPERATING EXPENSES        
Sales and marketing 11,219 9,941 21,543 19,698
General and administrative 6,280 4,895 11,815 9,377
Research and development 2,303 1,993 4,390 3,920
Operating Expenses, Total 19,802 16,829 37,748 32,995
OPERATING INCOME 9,689 10,477 22,107 20,805
OTHER INCOME (EXPENSE)        
Interest income 28 43 59 81
Change in purchase consideration 0 (40) 0 (53)
Other income (expense) 11 75 (542) 122
Nonoperating Income (Expense), Total 39 78 (483) 150
INCOME BEFORE INCOME TAXES 9,728 10,555 21,624 20,955
INCOME TAXES 3,500 3,800 7,700 7,500
NET INCOME 6,228 6,755 13,924 13,455
NET LOSS (INCOME) ATTRIBUTABLE TO NON- CONTROLLING INTEREST (21) 38 121 52
NET INCOME ATTRIBUTABLE TO NEOGEN CORPORATION $ 6,207 $ 6,793 $ 14,045 $ 13,507
NET INCOME ATTRIBUTABLE TO NEOGEN CORPORATION PER SHARE        
Basic $ 0.17 $ 0.19 $ 0.39 $ 0.38
Diluted $ 0.17 $ 0.19 $ 0.38 $ 0.37