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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Nov. 30, 2016
Nov. 30, 2015
Nov. 30, 2016
Nov. 30, 2015
Revenues        
Product revenues $ 76,961 $ 68,717 $ 149,206 $ 133,754
Service revenues 13,756 10,893 25,156 20,717
Total Revenues 90,717 79,610 174,362 154,471
Cost of Revenues        
Cost of product revenues 38,890 34,006 74,425 64,637
Cost of service revenues 8,236 7,380 15,867 13,818
Total Cost of Revenues 47,126 41,386 90,292 78,455
Gross Margin 43,591 38,224 84,070 76,016
Operating Expenses        
Sales and marketing 15,687 14,203 30,484 27,774
General and administrative 8,284 6,791 16,546 13,543
Research and development 2,768 2,618 5,446 5,192
Total Operating Expenses 26,739 23,612 52,476 46,509
Operating Income 16,852 14,612 31,594 29,507
Other Income (Expense)        
Interest income 296 51 419 119
Other income (expense) (377) (471) (8) (995)
Total Other Income (Expense) (81) (420) 411 (876)
Income Before Taxes 16,771 14,192 32,005 28,631
Provision for Income Taxes 5,600 5,050 10,900 10,200
Net Income 11,171 9,142 21,105 18,431
Net (Income) Loss Attributable to Non-Controlling Interest (20) (69) (73) (35)
Net Income Attributable to Neogen $ 11,151 $ 9,073 $ 21,032 $ 18,396
Net Income Attributable to Neogen Per Share        
Basic $ 0.29 $ 0.24 $ 0.56 $ 0.49
Diluted $ 0.29 $ 0.24 $ 0.55 $ 0.49