XML 21 R11.htm IDEA: XBRL DOCUMENT v3.3.1.900
Segment Information
 6 Months Ended
Nov. 30, 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 November 30, 2015 and 2014 follows:

 

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

Three months ended November 30, 2015

         

Product revenues to external customers

    $ 34,682       $ 34,035       $ 0       $ 68,717   

Service revenues to external customers

      2,572         8,321         0         10,893   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total revenues to external customers

      37,254         42,356         0         79,610   

Operating income (loss)

      7,687         7,833         (908 )       14,612   

Total assets

      132,472         182,478         110,833         425,783   

Three months ended November 30, 2014

         

Product revenues to external customers

    $ 30,351       $ 29,473       $ 0       $ 59,824   

Service revenues to external customers

      2,604         6,027         0         8,631   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total revenues to external customers

      32,955         35,500         0         68,455   

Operating income (loss)

      8,196         5,436         (735 )       12,897   

Total assets

      107,777         175,038         83,102         365,917   

Segment information for the six months ended November 30, 2015 and 2014 follows:

 

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

Six months ended November 30, 2015

         

Product revenues to external customers

    $ 66,733       $ 67,021       $ 0       $ 133,754   

Service revenues to external customers

      4,981         15,736         0         20,717   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total revenues to external customers

      71,714         82,757         0         154,471   

Operating income (loss)

      16,108         15,173         (1,774 )       29,507   

Six months ended November 30, 2014

            

Product revenues to external customers

    $ 58,414       $ 59,634       $ 0       $ 118,048   

Service revenues to external customers

      5,504         12,502         0         18,006   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total revenues to external customers

      63,918         72,136         0         136,054   

Operating income (loss)

      15,712         12,141         (1,517 )       26,336   

 

(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.