Bio-techne corp (TECH)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10
Current assets:
Cash and cash equivalents

156,216

110,293

99,891

100,886

95,561

85,886

94,674

121,990

86,608

121,458

72,464

91,612

59,840

58,936

69,589

64,237

65,713

62,452

48,842

54,532

106,447

92,968

98,239

318,568

123,603

98,402

83,856

163,786

150,713

143,286

130,805

116,675

95,280

80,994

79,235

77,613

158,628

135,875

115,012

94,139

Short-term available-for-sale investments

104,872

133,657

58,520

65,147

83,229

70,647

69,047

59,764

89,826

40,927

50,261

66,102

53,780

56,559

52,381

31,598

18,874

51,471

38,423

56,389

53,503

46,970

32,573

44,786

96,528

88,454

100,843

169,151

162,162

142,809

142,262

152,311

124,325

56,758

54,120

63,200

55,270

58,987

57,622

44,672

Accounts receivable, less allowance for doubtful accounts of $970 and $980, respectively

117,452

111,753

122,724

137,466

133,927

113,283

114,753

120,296

109,759

98,498

107,325

116,830

118,335

104,368

109,813

93,393

87,156

66,135

70,915

70,034

65,885

57,214

60,869

55,001

48,501

38,306

42,240

38,183

38,138

32,187

35,119

35,668

39,114

32,351

34,092

35,914

35,554

28,228

31,019

30,850

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

11,513

16,677

11,511

11,729

13,090

19,148

9,623

8,509

9,878

9,527

0

-

-

-

-

0

12,921

6,730

5,797

10,837

12,119

12,627

13,379

Other receivables

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,065

1,195

972

-

942

1,173

668

-

1,957

2,129

1,928

1,992

1,736

2,138

1,791

2,073

1,812

2,194

1,547

1,946

1,960

1,986

1,589

1,532

Income taxes receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,182

-

-

-

-

-

-

-

-

-

-

3,816

-

-

-

0

1,671

449

1,755

Inventories

99,673

95,351

90,855

91,050

93,839

90,905

90,918

85,648

88,586

68,280

66,532

60,151

63,767

66,089

70,519

57,102

57,066

58,675

58,967

49,577

51,045

52,815

52,195

38,847

38,386

39,992

39,957

34,877

35,675

37,600

38,397

38,277

40,497

40,978

42,116

44,906

13,619

13,736

13,818

13,737

Other current assets

13,715

14,020

19,955

18,058

16,877

19,213

13,720

10,668

18,725

16,923

10,576

13,330

10,320

8,154

7,849

7,561

6,865

6,942

6,201

6,240

5,187

5,118

4,419

2,588

2,047

1,980

2,285

1,527

1,733

1,711

1,769

1,503

1,428

1,020

1,170

1,041

858

958

1,063

976

Total current assets

491,928

465,074

391,945

412,607

423,433

379,934

383,112

398,366

393,504

346,086

307,158

348,025

306,042

294,106

310,151

253,891

236,739

258,383

240,997

248,283

294,738

273,530

268,111

469,413

319,531

279,141

280,636

409,516

390,157

359,731

350,143

346,507

306,272

227,216

219,010

230,417

276,726

253,560

233,199

201,040

Available-for-sale investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,085

3,575

3,575

151,357

162,590

138,477

132,376

135,765

128,569

131,713

143,966

145,129

148,114

148,949

131,988

163,793

158,666

161,518

171,171

Property and equipment, net

165,012

164,313

156,783

154,039

145,319

145,262

146,511

145,348

142,779

138,461

136,846

135,124

132,146

131,952

133,805

132,362

133,666

134,043

132,852

129,749

124,485

124,776

122,006

117,120

116,649

115,159

113,362

108,756

105,202

101,133

94,920

93,788

94,614

94,604

94,352

95,398

94,145

95,096

96,322

97,400

Right of use asset

73,751

75,824

76,962

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill

725,831

734,241

730,412

732,667

719,608

706,355

704,790

597,890

610,667

589,101

587,780

579,026

569,738

557,731

565,789

430,882

434,734

423,895

427,317

390,638

385,831

401,651

305,234

151,473

144,654

144,361

143,800

84,336

84,311

87,166

86,936

85,682

86,524

85,240

85,360

86,633

25,068

25,068

25,068

25,068

Intangible assets, net

530,333

549,712

563,338

579,429

579,142

608,273

632,686

446,332

443,794

438,360

451,024

452,042

482,693

493,542

503,626

310,524

315,310

315,547

325,396

292,839

297,313

313,255

307,508

108,776

96,110

98,546

100,523

40,552

41,779

44,938

46,073

46,476

48,352

48,679

50,030

52,282

1,533

1,703

1,874

2,044

Investments in unconsolidated entities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

10,000

10,446

-

-

-

531

-

-

-

1,056

1,522

19,176

19,435

19,633

19,815

20,012

20,230

20,559

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

539

1,063

936

1,011

Other assets

12,167

9,251

5,588

5,668

5,116

5,008

5,099

5,266

27,064

43,414

44,572

44,002

42,812

42,694

4,106

1,922

1,474

1,585

1,757

1,851

1,938

1,701

1,826

1,688

2,265

2,368

2,492

2,031

3,076

3,033

2,844

1,849

1,621

1,219

11,300

1,319

1,200

440

477

523

Total assets

1,999,022

1,998,415

1,925,028

1,884,410

1,872,618

1,844,832

1,872,198

1,593,202

1,617,808

1,555,422

1,527,380

1,558,219

1,533,431

1,520,025

1,517,478

1,129,581

1,121,924

1,133,453

1,128,320

1,063,360

1,104,305

1,118,998

1,018,260

862,491

830,566

802,165

779,290

778,098

760,290

724,570

712,629

719,324

684,034

624,248

628,436

617,670

582,819

555,608

539,624

518,816

LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities:
Trade accounts payable

19,735

19,092

14,106

16,210

14,898

16,013

18,259

18,452

14,530

11,318

15,082

16,856

12,034

12,908

14,178

20,653

13,516

10,426

13,177

13,443

13,510

13,127

13,571

9,652

8,418

7,163

6,656

6,236

6,189

6,466

6,541

6,291

6,451

5,914

5,734

5,207

5,034

3,918

4,348

5,232

Salaries, wages and related accruals

23,426

18,612

17,543

28,638

23,523

19,677

15,180

23,710

19,839

26,537

22,740

26,602

16,886

15,610

10,110

14,868

13,100

10,130

9,134

10,344

9,281

9,007

9,869

6,158

6,462

5,174

6,409

4,025

4,610

3,611

4,536

4,699

5,377

3,764

4,864

4,784

4,907

3,087

3,729

3,781

Accrued expenses

9,696

10,736

11,048

26,389

28,296

25,862

23,509

20,361

18,767

14,508

19,435

18,518

23,430

19,861

19,967

8,371

7,021

7,493

6,537

6,604

7,208

9,351

6,709

4,136

3,806

7,954

4,242

9,603

7,438

4,693

3,101

7,275

10,152

3,478

11,680

2,688

2,505

2,443

3,844

4,375

Contract liabilities

13,556

11,893

9,108

9,084

10,112

8,396

8,762

8,109

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue, current

-

-

-

-

-

-

-

-

7,841

6,016

5,374

5,968

6,072

4,852

4,484

4,717

5,218

3,139

3,839

3,380

3,491

2,811

2,545

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes payable

10,378

12,851

6,533

5,764

5,318

4,984

5,232

8,878

6,412

0

3,500

2,478

1,920

0

4,646

1,779

3,953

852

8,444

1,972

2,019

4,001

1,975

496

5,678

1,818

2,969

2,276

4,176

2,284

2,553

3,251

4,477

967

3,958

5,509

4,096

4,224

4,138

3,636

Operating lease liabilities - current

9,544

9,398

9,260

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Contingent consideration payable

6,150

9,871

8,170

3,400

3,400

12,500

-

-

3,500

53,300

40,900

65,100

67,280

63,500

49,900

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of long-term debt obligations

12,500

12,500

12,500

12,500

12,500

-

12,500

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Related party note payable, current

-

-

-

-

-

-

-

-

-

-

-

-

14,578

3,595

3,733

3,759

3,808

3,789

3,868

4,024

3,004

5,983

5,949

5,949

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

9,944

10,068

4,214

6,170

14,234

4,264

-

-

0

-

-

-

-

Total current liabilities

104,985

104,953

88,268

101,985

98,047

87,432

83,442

79,510

70,889

111,679

107,031

135,522

142,200

120,326

107,016

54,147

46,616

35,829

45,040

39,768

38,513

44,280

40,618

26,391

24,364

22,109

20,276

32,084

32,481

21,268

22,901

35,750

30,721

14,123

26,236

18,188

16,542

13,672

16,059

17,024

Deferred income taxes

96,178

104,579

88,530

89,754

96,844

104,113

113,843

86,293

86,987

74,103

116,784

120,596

132,072

133,239

135,512

62,837

61,373

75,272

77,819

61,429

56,571

66,103

64,524

33,838

29,161

31,528

32,251

8,473

8,300

8,737

9,123

9,132

8,816

12,619

12,846

13,360

-

-

-

0

Related party note payable, long-term

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,011

7,037

6,997

6,997

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Long-term debt obligations

407,348

370,452

473,556

492,660

509,765

532,869

548,973

339,000

392,500

362,500

337,500

343,771

343,637

343,659

343,500

91,500

157,808

162,789

164,368

73,000

144,000

144,000

112,000

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term contingent consideration payable

1,700

2,684

5,130

9,200

2,200

6,000

6,800

-

0

0

0

3,300

3,200

28,600

32,400

38,500

-

-

-

39,024

35,000

35

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liabilities

69,491

71,693

72,870

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other long-term liabilities

28,052

20,706

22,450

25,222

19,496

17,993

9,671

9,338

9,140

9,321

6,255

5,403

4,397

3,628

3,654

3,317

3,164

3,220

3,146

3,204

2,144

1,896

708

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Commitments and contingencies (Note I)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

Shareholders' equity:
Undesignated capital stock, no par; authorized 5,000,000 shares; none issued or outstanding

0

0

0

0

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

Common stock, par value $.01 per share; authorized 100,000,000; issued and outstanding 38,122,138 and 37,934,040, respectively

381

383

381

379

378

377

378

376

375

375

374

374

373

373

373

372

372

372

372

371

372

371

370

370

369

369

369

368

368

368

368

368

369

369

370

371

371

371

371

370

Additional paid-in capital

381,632

362,534

334,112

316,797

297,748

283,854

274,584

246,568

226,469

214,697

206,761

199,161

194,010

188,415

184,213

178,760

172,144

168,960

166,603

163,306

161,850

157,728

150,308

147,004

142,658

140,390

136,613

134,895

134,118

133,827

132,291

131,851

131,417

130,517

129,653

129,312

127,321

127,228

123,622

122,537

Retained earnings

1,012,713

1,038,783

931,358

931,934

927,773

895,205

905,139

876,931

847,310

839,564

802,434

799,027

778,836

769,005

774,734

770,553

756,926

738,538

724,586

713,851

699,466

687,060

665,714

653,279

637,923

617,722

604,102

587,725

572,186

550,120

535,805

520,448

505,834

487,524

479,551

472,730

454,428

433,387

416,863

400,119

Accumulated other comprehensive loss

-103,458

-78,352

-91,627

-83,521

-79,633

-83,011

-70,632

-44,814

-15,862

-56,817

-49,759

-48,935

-65,294

-67,220

-63,925

-70,405

-76,480

-51,527

-53,615

-30,593

-41,622

-24,477

-22,979

-5,388

-3,909

-9,953

-14,321

14,553

12,837

10,250

12,141

21,775

6,877

-20,904

-20,220

-16,291

-15,843

-19,050

-17,291

-21,234

Total shareholders' equity

1,291,268

1,323,348

1,174,224

1,165,589

1,146,266

1,096,425

1,109,469

1,079,061

1,058,292

997,819

959,810

949,627

907,925

890,573

895,369

879,280

852,962

856,343

837,947

846,935

820,066

820,682

793,413

795,265

777,041

748,528

726,763

737,541

719,509

694,565

680,605

674,442

644,497

597,506

589,354

586,122

566,277

541,936

523,565

501,792

Total liabilities and shareholders’ equity

1,999,022

1,998,415

1,925,028

1,884,410

1,872,618

1,844,832

1,872,198

1,593,202

1,617,808

1,555,422

1,527,380

1,558,219

1,533,431

1,520,025

1,517,478

1,129,581

1,121,924

1,133,453

1,128,320

1,063,360

1,104,305

1,118,998

1,018,260

862,491

830,566

802,165

779,290

778,098

760,290

724,570

712,629

719,324

684,034

624,248

628,436

617,670

582,819

555,608

539,624

518,816