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Segment Information
 9 Months Ended
Feb. 28, 2015
Segment Information

4. SEGMENT INFORMATION

The Company has two reportable segments: Food Safety and Animal Safety. The Food Safety segment produces and markets diagnostic test kits and related products used by food producers and processors to detect harmful natural toxins, foodborne bacteria, allergens and levels of general sanitation. The Animal Safety segment is primarily engaged in the production and marketing of products dedicated to animal health, including a complete line of consumable products marketed to veterinarians and animal health product distributors; the segment also provides genetic identification services. Additionally, Animal Safety produces and markets rodenticides, disinfectants and insecticides to assist in the control of rodents and disease in and around agricultural, food production and other facilities.

Segment information as of and for the three months ended February 28, 2015 and 2014 follows:

 

     Food
Safety		      Animal
Safety		      Corporate and
Eliminations
(1)		      Total  
     (In thousands)  

Fiscal 2015

            

Product revenues to external customers

    $ 30,454       $ 28,718       $ 0       $ 59,172   

Service revenues to external customers

      1,511         7,726         0         9,237   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total revenues to external customers

   31,965      36,444      0      68,409   

Operating income (loss)

   6,976      6,087      (903 )    12,160   

Total assets

   108,993      178,685      90,757      378,435   

Fiscal 2014

Product revenues to external customers

 $ 26,627    $ 27,996    $ 0    $ 54,623   

Service revenues to external customers

   1,393      5,980      0      7,373   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total revenues to external customers

   28,020      33,976      0      61,996   

Operating income (loss)

   5,969      5,169      (845 )    10,293   

Total assets

   110,038      149,202      71,110      330,350   

Segment information for the nine months ended February 28, 2015 and 2014 follows:

 

     Food
Safety		      Animal
Safety		      Corporate and
Eliminations
(1)		      Total  
     (In thousands)  

Fiscal 2015

         

Product revenues to external customers

    $ 90,853       $ 88,353       $ 0       $ 179,206   

Service revenues to external customers

      5,030         20,227         0         25,257   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total revenues to external customers

   95,883      108,580      0      204,463   

Operating income (loss)

   22,688      18,228      (2,420 )    38,496   

Fiscal 2014

Product revenues to external customers

 $ 82,761    $ 76,437    $ 0    $ 159,198   

Service revenues to external customers

   3,656      17,289      0      20,945   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total revenues to external customers

   86,417      93,726      0      180,143   

Operating income (loss)

   20,956      13,746      (2,302 )    32,400   

 

(1) Includes corporate assets, consisting principally of cash and cash equivalents, marketable securities, deferred assets and overhead expenses not allocated to specific business segments. Also includes the elimination of intersegment transactions.