XML 18 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
May 31, 2018
May 31, 2017
May 31, 2016
Revenues      
Total Revenues $ 402,252 $ 361,594 $ 321,275
Cost of Revenues      
Total Cost of Revenues 212,000 189,626 168,211
Gross Margin 190,252 171,968 153,064
Operating Expenses      
Sales and marketing 70,909 62,424 57,599
General and administrative 38,294 34,214 29,189
Research and development 10,855 10,385 9,890
Total Operating Expenses 120,058 107,023 96,678
Operating Income 70,194 64,945 56,386
Other Income (Expense)      
Interest income, net 2,043 838 322
Royalty income 147 171 217
Other, net 1,081 719 (1,412)
Nonoperating Income (Expense), Total 3,271 1,728 (873)
Income Before Income Taxes 73,465 66,673 55,513
Provision for Income Taxes 10,250 22,700 18,975
Net Income 63,215 43,973 36,538
Net (Income) Loss Attributable to Non-controlling Interest (70) (180) 26
Net Income Attributable to Neogen $ 63,145 $ 43,793 $ 36,564
Net Income Attributable to Neogen per Share      
Basic $ 1.23 $ 0.87 $ 0.73
Diluted $ 1.21 $ 0.86 $ 0.72
Product Revenues      
Revenues      
Total Revenues $ 335,554 $ 306,512 $ 273,570
Cost of Revenues      
Total Cost of Revenues 174,067 156,568 137,766
Service Revenues      
Revenues      
Total Revenues 66,698 55,082 47,705
Cost of Revenues      
Total Cost of Revenues $ 37,933 $ 33,058 $ 30,445