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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Feb. 28, 2014
May 31, 2013
CURRENT ASSETS    
Cash and cash equivalents $ 43,277 $ 50,032
Marketable securities (at fair value, which approximates cost) 25,533 35,337
Accounts receivable, less allowance of $1,150 and $900 48,068 38,737
Inventories 51,861 38,315
Deferred income taxes 1,462 1,462
Prepaid expenses and other current assets 5,768 4,564
TOTAL CURRENT ASSETS 175,969 168,447
NET PROPERTY AND EQUIPMENT 39,838 34,345
OTHER ASSETS    
Goodwill 70,728 59,491
Other non-amortizable intangible assets 7,935 6,660
Customer based intangibles, net of accumulated amortization of $10,629 and $9,446 23,610 12,345
Other non-current assets, net of accumulated amortization of $5,800 and $4,222 12,270 9,270
Total Other Assets 114,543 87,766
TOTAL ASSETS 330,350 290,558
CURRENT LIABILITIES    
Accounts payable 11,772 9,212
Accrued compensation 3,166 3,227
Income taxes 1,533 165
Other accruals 8,063 5,115
TOTAL CURRENT LIABILITIES 24,534 17,719
DEFERRED INCOME TAXES 12,449 12,449
OTHER LONG-TERM LIABILITIES 2,243 2,103
Liabilities, Noncurrent, Total 14,692 14,552
TOTAL LIABILITIES 39,226 32,271
COMMITMENTS AND CONTINGENCIES (note 7) 0 0
EQUITY    
Preferred stock, $1.00 par value, 100,000 shares authorized, none issued and outstanding 0 0
Common stock, $0.16 par value, 60,000,000 shares authorized, 36,643,516 and 36,084,021 shares issued and outstanding at February 28, 2014 and May 31, 2013, respectively. 5,862 5,773
Additional paid-in capital 110,497 99,935
Accumulated other comprehensive income (loss) 336 (1,372)
Retained earnings 174,506 153,885
TOTAL NEOGEN CORPORATION STOCKHOLDER'S EQUITY 291,201 258,221
Noncontrolling interest (77) 66
TOTAL EQUITY 291,124 258,287
TOTAL LIABILITIES AND EQUITY $ 330,350 $ 290,558