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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Aug. 31, 2016
Aug. 31, 2015
Revenues    
Product revenues $ 72,245 $ 65,036
Service revenues 11,400 9,824
Total Revenues 83,645 74,860
Cost of Revenues    
Cost of product revenues 35,535 30,630
Cost of service revenues 7,631 6,438
Total Cost of Revenues 43,166 37,068
Gross Margin 40,479 37,792
Operating Expenses    
Sales and marketing 14,797 13,571
General and administrative 8,262 6,753
Research and development 2,678 2,573
Total Operating Expenses 25,737 22,897
Operating Income 14,742 14,895
Other Income (Expense)    
Interest income 123 68
Other income (expense) 369 (524)
Total Other Income (Expense) 492 (456)
Income Before Taxes 15,234 14,439
Provision for Income Taxes 5,300 5,150
Net Income 9,934 9,289
Net (Income) Loss Attributable to Non-controlling Interest (53) 34
Net Income Attributable to Neogen $ 9,881 $ 9,323
Net Income Attributable to Neogen Per Share    
Basic $ 0.26 $ 0.25
Diluted $ 0.26 $ 0.25