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Neogen reports 19% increase in annual revenues
Date:7/22/2014

margin (% of sales)

47.6%

50.7%

49.6%

52.8%Operating income (% of sales)

16.3%

18.3%

17.5%

19.6%Revenue increase vs. FY 2013

20.1%19.2%Net income increase vs. FY 2013

7.2%3.6%(1) Reflects effect of Oct. 30, 2013, 3-for-2 stock split NEOGEN CORPORATION SUMMARIZED CONSOLIDATED BALANCE SHEET DATA(In thousands)May 31May 312014

2013(Unaudited)

(Audited)AssetsCurrent assetsCash & investments

$
76,496

$
85,369
Accounts receivable

51,901

38,737Inventory

51,178

38,315Other current assets

9,171

6,026Total current assets

188,746

168,447Property & equipment, net

41,949

34,345Goodwill & other assets

114,606

87,766Total assets

$   345,301

$   290,558Liabilities & EquityCurrent liabilities

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SOURCE Neogen Corporation
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