NEOGEN CORP NEOG Balance Sheet

Neogen corp (NEOG)

Balance Sheet / Yearly

Feb'20	Nov'19	Aug'19	May'19	Feb'19	Nov'18	Aug'18	May'18	Feb'18	Nov'17	Aug'17	May'17	Feb'17	Nov'16	Aug'16	May'16	Feb'16	Nov'15	Aug'15	May'15	Feb'15	Nov'14	Aug'14	May'14	Feb'14	Nov'13	Aug'13	May'13	Feb'13	Nov'12	Aug'12	May'12	Feb'12	Nov'11	Aug'11	May'11
Assets
Current Assets
Cash and cash equivalents
50,774	66,414	56,289	41,688	93,576	101,585	97,225	83,074	82,066	64,425	58,456	77,567	59,883	86,297	76,187	55,257	66,862	71,378	42,326	66,061	57,484	49,058	53,457	40,675	43,277	43,613	43,608	50,032	48,861	41,309	44,485	49,045	42,698	36,972	22,032	35,844
Marketable securities
277,149	247,191	234,727	225,836	153,104	139,385	129,189	127,736	110,089	111,410	101,534	66,068	64,699	55,809	53,039	52,539	58,296	51,640	68,629	48,103	44,664	45,247	34,640	35,821	25,533	35,479	40,767	35,337	25,705	29,529	30,019	19,600	18,637	18,634	29,325	20,239
Accounts receivable, less allowance of $1,400 and $1,700 at February 29, 2020 and May 31, 2019, respectively
80,692	85,377	79,112	82,582	80,011	82,282	78,076	79,086	73,209	74,859	66,341	68,576	67,367	64,902	59,354	67,652	56,156	57,604	59,041	59,208	52,887	52,107	51,689	51,901	48,068	45,800	43,649	38,737	38,694	37,590	37,694	35,652	34,332	31,869	32,673	28,634
Inventories
89,244	86,406	87,682	85,992	84,870	79,473	78,771	76,005	77,506	73,713	73,413	73,144	75,396	71,683	69,839	64,371	65,448	61,485	56,107	51,601	55,096	53,497	55,087	51,178	51,861	47,330	43,757	38,315	41,082	38,375	35,009	34,992	36,313	36,425	34,222	31,994
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	1,747	1,748	1,756	-	2,293	2,293	2,300	1,991	1,680	1,710	1,680	1,710	1,462	1,462	1,462	1,462	1,328	1,328	1,328	1,328	1,044	1,044	1,044	1,044
Prepaid expenses and other current assets
17,016	14,795	15,738	13,431	11,041	11,569	12,856	9,888	9,334	15,533	11,190	7,606	7,678	7,962	8,432	8,407	5,885	6,077	6,958	4,231	5,535	4,131	4,616	7,461	5,768	5,172	4,663	4,564	4,401	4,443	4,200	3,324	3,170	5,474	4,923	4,747
Total Current Assets
514,875	500,183	473,548	449,529	422,602	414,294	396,117	375,789	352,204	339,940	310,934	292,961	276,770	288,401	268,607	248,226	254,940	250,477	235,361	231,195	217,346	205,750	201,169	188,746	175,969	178,856	177,906	168,447	160,071	152,574	152,735	143,941	136,194	130,418	124,219	122,502
Land and improvements
-	-	-	-	-	-	-	-	-	-	-	3,094	-	-	-	2,659	-	-	-	2,296	-	-	-	1,875	-	-	-	1,669	-	-	-	1,439	-	-	-	1,195
Building and improvements
-	-	-	-	-	-	-	-	-	-	-	37,917	-	-	-	33,417	-	-	-	26,925	-	-	-	26,456	-	-	-	22,779	-	-	-	20,657	-	-	-	14,417
Machinery and equipment
-	-	-	-	-	-	-	-	-	-	-	64,867	-	-	-	56,470	-	-	-	46,794	-	-	-	40,333	-	-	-	33,060	-	-	-	27,508	-	-	-	22,973
Furniture and fixtures
-	-	-	-	-	-	-	-	-	-	-	3,333	-	-	-	3,068	-	-	-	2,691	-	-	-	2,282	-	-	-	1,021	-	-	-	1,410	-	-	-	1,164
Construction in progress
-	-	-	-	-	-	-	-	-	-	-	2,290	-	-	-	1,057	-	-	-	783	-	-	-	1,659	-	-	-	1,561	-	-	-	590	-	-	-	1,217
Property, Plant and Equipment, Gross
-	-	-	-	-	-	-	-	-	-	-	111,501	-	-	-	96,671	-	-	-	79,489	-	-	-	72,605	-	-	-	60,090	-	-	-	51,604	-	-	-	40,966
Less accumulated depreciation
-	-	-	-	-	-	-	-	-	-	-	49,753	-	-	-	41,988	-	-	-	35,016	-	-	-	30,656	-	-	-	25,745	-	-	-	21,671	-	-	-	18,626
Net Property and Equipment
78,394	77,150	75,154	74,847	76,453	73,910	72,886	73,069	72,514	66,874	63,285	61,748	60,975	55,533	54,739	54,683	51,901	51,865	49,294	44,473	43,543	43,106	42,700	41,949	39,838	38,233	35,813	34,345	33,414	31,264	30,666	29,933	29,502	28,888	28,238	22,340
Other Assets
Goodwill
109,761	103,610	102,883	103,619	104,077	103,309	102,595	99,558	99,478	104,290	105,073	104,759	104,080	87,581	88,215	88,506	75,978	75,147	75,292	70,119	70,119	70,402	68,190	68,190	70,728	66,538	63,576	59,491	61,726	60,037	53,078	53,052	51,704	51,634	51,609	51,584
Other non-amortizable intangible assets
15,425	15,495	15,397	15,649	15,658	15,423	15,391	14,783	15,011	14,667	14,346	14,323	11,699	9,370	9,170	9,170	9,170	9,020	9,020	9,020	9,020	9,682	9,682	9,682	7,935	7,280	7,007	6,660	5,360	5,275	5,275	5,270	5,166	5,166	5,166	5,166
Amortizable intangible and other assets, net of accumulated amortization of $43,397 and $40,835 at February 29, 2020 and May 31, 2019, respectively
55,046	54,153	54,162	52,096	-	-	-	-	-	-	-	54,618	-	-	-	49,355	-	-	-	37,374	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Customer based intangibles, net of accumulated amortization of $15,794 and $14,446 at February 29, 2016 and May 31, 2015
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	23,065	23,571	24,875	-	21,853	23,937	24,538	25,230	23,610	18,143	13,721	12,345	-	-	-	10,826	7,033	7,016	6,763	-
Customer based intangibles, net of accumulated amortization of $8,434 and $7,111
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12,253	11,982	10,428	-	10,748	11,196	11,627	12,006
Other non-current assets, net of accumulated amortization of $8,187 and $7,191 at February 29, 2016 and May 31, 2015
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	17,187	15,703	15,544	-	16,554	13,040	11,383	11,504	12,270	10,663	10,114	9,270	8,201	8,539	8,615	8,578	-	-	-	6,064
Total Other Assets
-	-	-	-	-	-	-	-	-	-	-	173,700	-	-	-	147,031	125,400	123,441	124,731	116,513	117,546	117,061	113,793	114,606	114,543	102,624	94,418	87,766	87,540	85,833	77,396	77,726	74,651	75,012	75,165	74,820
Total Assets
773,501	750,591	721,144	695,740	672,585	660,492	640,926	618,009	595,601	581,028	547,334	528,409	507,298	487,311	468,615	449,940	432,241	425,783	409,386	392,181	378,435	365,917	357,662	345,301	330,350	319,713	308,137	290,558	281,025	269,671	260,797	251,600	240,347	234,318	227,622	219,662
Liabilities and Stockholders' Equity
Current Liabilities
Accounts payable
18,994	19,567	18,345	19,063	18,952	20,555	20,891	20,750	19,654	17,427	16,665	16,244	17,072	17,287	17,966	15,800	15,403	20,682	14,762	13,691	10,592	11,307	13,002	13,396	11,772	11,358	11,654	9,212	9,948	8,420	9,329	10,760	7,708	9,611	9,802	8,516
Accrued compensation
5,596	5,689	4,796	7,085	5,391	5,216	5,803	6,065	5,469	5,619	5,079	5,002	4,393	4,442	4,938	4,986	4,121	4,246	3,898	4,142	3,528	3,545	4,103	4,357	3,166	4,014	3,166	3,227	2,686	1,992	2,146	2,756	2,698	2,536	2,280	2,715
Income taxes
1,479	756	4,142	601	0	1,533	1,701	165	960	1,959	6,032	936	2,179	1,383	1,821	-	3,002	289	2,292	1,275	4,862	893	1,443	0	1,533	312	2,350	165	3,819	2,597	2,396	809	2,604	1,588	1,778	0
Other accruals
13,066	12,779	13,144	11,502	9,925	11,456	10,823	11,708	11,210	12,940	10,546	13,820	11,079	10,757	7,913	7,812	5,256	6,010	5,947	6,348	7,569	8,378	5,927	7,214	8,063	7,606	5,669	5,115	6,116	5,306	5,099	5,654	4,426	4,674	4,393	6,566
Total Current Liabilities
39,135	38,791	40,427	38,251	34,268	38,760	39,218	38,688	37,293	37,945	38,322	36,002	34,723	33,869	32,638	28,598	27,782	31,227	26,899	25,456	26,551	24,123	24,475	24,967	24,534	23,290	22,839	17,719	22,569	18,315	18,970	19,979	17,436	18,409	18,253	17,797
Deferred Income Taxes
16,343	15,591	15,501	15,618	14,211	14,144	14,234	14,103	11,400	16,943	16,917	17,048	17,692	16,418	16,533	14,758	14,478	14,478	14,495	13,711	13,071	12,935	12,290	12,155	12,449	12,449	12,449	12,449	10,721	10,721	9,974	9,974	8,347	8,347	8,347	8,347
Other Non-Current Liabilities
6,152	5,292	4,910	3,972	4,190	5,514	5,848	5,043	4,973	5,496	4,842	3,602	3,227	2,251	2,224	2,423	2,107	2,176	2,086	2,051	2,100	2,076	2,032	1,879	2,243	2,164	2,127	2,103	2,037	2,924	2,638	2,593	4,580	4,436	4,456	4,540
Liabilities, Noncurrent, Total
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	16,585	16,654	16,581	-	15,171	15,011	14,322	-	14,692	14,613	14,576	-	12,758	13,645	12,612	-	12,927	12,783	12,803	-
Total Liabilities
61,630	59,674	60,838	57,841	52,669	58,418	59,300	57,834	53,666	60,384	60,081	56,652	55,642	52,538	51,395	45,779	44,367	47,881	43,480	41,218	41,722	39,134	38,797	39,001	39,226	37,903	37,415	32,271	35,327	31,960	31,582	32,546	30,363	31,192	31,056	30,684
Commitments and Contingencies (note 8)
-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	0	-	-	-	0	-	-	-	0
Equity
Preferred stock, $1.00 par value, 100,000 shares authorized, none issued and outstanding
-	0	0	-	0	-	0	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0
Common stock, $0.16 par value, 120,000,000 shares authorized, 52,910,832 and 52,216,589 shares issued and outstanding at February 29, 2020 and May 31, 2019, respectively
8,466	8,434	8,387	8,355	8,339	8,334	8,320	8,278	8,253	8,241	6,117	8,149	6,099	6,076	6,033	6,011	6,004	5,991	5,980	5,941	5,927	5,913	5,908	5,877	5,862	5,856	3,878	5,773	3,827	3,818	3,808	3,779	3,768	3,764	3,739	3,727
Additional paid-in capital
254,537	244,226	232,156	221,937	217,274	215,615	211,522	202,572	197,246	193,711	180,131	174,742	169,667	163,626	155,681	150,000	145,287	141,371	138,234	131,906	126,795	123,639	121,914	118,070	110,497	108,239	106,238	99,935	96,290	94,277	92,676	89,592	86,107	84,794	82,934	81,248
Accumulated other comprehensive loss
-13,507	-11,918	-14,136	-11,640	-9,129	-12,234	-12,524	-9,746	-5,303	-6,466	-7,000	-7,203	-7,689	-8,130	-6,524	-3,946	-5,694	-3,449	-3,155	-2,442	-2,134	-1,486	152	371	336	-160	-1,042	-1,372	-1,393	-749	-879	-1,227	-773	-1,070	-508	-394
Retained earnings
462,375	450,175	433,899	419,247	403,432	390,359	374,308	359,071	341,459	324,873	307,773	295,926	283,453	273,165	262,014	252,133	242,276	233,965	224,892	215,569	206,185	198,732	190,926	182,043	174,506	167,930	161,724	153,885	146,853	140,202	133,409	126,695	120,580	115,312	110,059	104,064
Total Stockholders' Equity
711,871	690,917	660,306	637,899	619,916	602,074	581,626	560,175	541,655	520,359	487,021	471,614	451,530	434,737	417,204	404,198	387,873	377,878	365,951	350,974	336,773	326,798	318,900	306,361	291,201	281,865	270,798	258,221	245,577	237,548	229,014	218,839	209,682	202,800	196,224	188,645
Non-controlling interest
-	-	-	-	-	-	-	-	280	285	232	143	126	36	16	-37	1	24	-45	-11	-60	-15	-35	-61	-77	-55	-76	66	121	163	201	215	302	326	342	333
Total Equity
-	-	-	-	-	-	-	-	541,935	520,644	487,253	471,757	451,656	434,773	417,220	404,161	387,874	377,902	365,906	350,963	336,713	326,783	318,865	306,300	291,124	281,810	270,722	258,287	245,698	237,711	229,215	219,054	209,984	203,126	196,566	188,978
Total Liabilities and Stockholders' Equity
773,501	750,591	721,144	695,740	672,585	660,492	640,926	618,009	595,601	581,028	547,334	528,409	507,298	487,311	468,615	449,940	432,241	425,783	409,386	392,181	378,435	365,917	357,662	345,301	330,350	319,713	308,137	290,558	281,025	269,671	260,797	251,600	240,347	234,318	227,622	219,662
Customer-based intangibles
Amortizable intangible assets, net of accumulated amortization
-	-	-	-	30,007	30,022	30,436	31,841	33,518	33,512	35,011	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Intangible Assets
Amortizable intangible assets, net of accumulated amortization
-	-	-	-	23,788	23,534	23,501	22,969	22,876	21,745	18,685	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-