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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Aug. 31, 2017
Aug. 31, 2016
Revenues    
Product revenues $ 80,567 $ 72,245
Service revenues 14,689 11,400
Total Revenues 95,256 83,645
Cost of Revenues    
Cost of product revenues 41,084 35,535
Cost of service revenues 8,301 7,631
Total Cost of Revenues 49,385 43,166
Gross Margin 45,871 40,479
Operating Expenses    
Sales and marketing 17,024 14,797
General and administrative 9,325 8,262
Research and development 3,098 2,678
Total Operating Expenses 29,447 25,737
Operating Income 16,424 14,742
Other Income    
Interest income 369 123
Other income 443 369
Total Other Income 812 492
Income Before Taxes 17,236 15,234
Provision for Income Taxes 5,300 5,300
Net Income 11,936 9,934
Net (Income) Attributable to Non-Controlling Interest (22) (53)
Net Income Attributable to Neogen $ 11,914 $ 9,881
Net Income Attributable to Neogen Per Share    
Basic $ 0.31 $ 0.26
Diluted $ 0.31 $ 0.26