XML 14 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Income - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Nov. 30, 2017
Nov. 30, 2016
Nov. 30, 2017
Nov. 30, 2016
Revenues        
Product revenues $ 85,590 $ 76,961 $ 166,157 $ 149,206
Service revenues 16,227 13,756 30,916 25,156
Total Revenues 101,817 90,717 197,073 174,362
Cost of Revenues        
Cost of product revenues 43,349 38,890 84,433 74,425
Cost of service revenues 9,197 8,236 17,498 15,867
Total Cost of Revenues 52,546 47,126 101,931 90,292
Gross Margin 49,271 43,591 95,142 84,070
Operating Expenses        
Sales and marketing 17,815 15,687 34,838 30,484
General and administrative 10,491 8,284 19,817 16,546
Research and development 2,967 2,768 6,065 5,446
Total Operating Expenses 31,273 26,739 60,720 52,476
Operating Income 17,998 16,852 34,422 31,594
Other Income (Expense)        
Interest income 429 296 798 419
Other income (expense) 626 (377) 1,069 (8)
Total Other Income (Expense) 1,055 (81) 1,867 411
Income Before Taxes 19,053 16,771 36,289 32,005
Provision for Income Taxes 1,900 5,600 7,200 10,900
Net Income 17,153 11,171 29,089 21,105
Net (Income) Attributable to Non-Controlling Interest (53) (20) (75) (73)
Net Income Attributable to Neogen $ 17,100 $ 11,151 $ 29,014 $ 21,032
Net Income Attributable to Neogen Per Share        
Basic $ 0.33 $ 0.22 $ 0.57 $ 0.42
Diluted $ 0.33 $ 0.22 $ 0.56 $ 0.41