XML 18 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements of Income - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Nov. 30, 2018
Nov. 30, 2017
Nov. 30, 2018
Nov. 30, 2017
Revenues        
Total revenues $ 107,098 $ 100,698 $ 206,724 $ 194,907
Cost of revenues        
Total Cost of Revenues 57,065 52,449 109,962 101,734
Gross Margin 50,033 48,249 96,762 93,173
Operating Expenses        
Sales and marketing 18,499 16,793 35,732 32,869
General and administrative 10,121 10,491 20,319 19,817
Research and development 3,167 2,967 5,986 6,065
Total Operating Expenses 31,787 30,251 62,037 58,751
Operating Income 18,246 17,998 34,725 34,422
Other Income        
Interest income 1,028 429 1,955 798
Other income 427 626 158 1,069
Total Other Income 1,455 1,055 2,113 1,867
Income Before Taxes 19,701 19,053 36,838 36,289
Provision for Income Taxes 3,650 1,900 5,550 7,200
Net Income 16,051 17,153 31,288 29,089
Net (Income) Attributable to Non-Controlling Interest   (53)   (75)
Net Income Attributable to Neogen $ 16,051 $ 17,100 $ 31,288 $ 29,014
Net Income Attributable to Neogen Per Share        
Basic $ 0.31 $ 0.33 $ 0.60 $ 0.57
Diluted $ 0.31 $ 0.33 $ 0.60 $ 0.56
Product Revenues        
Revenues        
Total revenues $ 89,562 $ 84,471 $ 172,522 $ 164,016
Cost of revenues        
Total Cost of Revenues 47,305 43,252 90,255 84,236
Service Revenues        
Revenues        
Total revenues 17,536 16,227 34,202 30,891
Cost of revenues        
Total Cost of Revenues $ 9,760 $ 9,197 $ 19,707 $ 17,498