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Techne Corporation Releases Unaudited Third Quarter And Nine Month Fiscal Year 2013 Results
Date:4/30/2013

g expense, net

(118)

(373)

(731)

(2,155)Total other income (expense)

520

(3,157)

1,245

(3,413)Earnings before income taxes

44,466

43,205

119,898

121,578Income taxes

11,348

11,449

35,748

36,488Net earnings

$33,118

$ 31,756

$ 84,150

$ 85,090Earnings per share: Basic

$
.90

$
.86

$
2.28

$
2.30 Diluted

$   0.90

$
.86

$   2.28

$
2.30Weighted average common shares outstanding:  Basic

36,842

36,864

36,835

36,975  Diluted

36,908

36,930

36,901

37,043 

TECHNE CORPORATION

CONSOLIDATED CONDENSED BALANCE SHEETS

(In thousands)

(Unaudited)ASSETS

3/31/13

6/30/12Cash and equivalents

$150,713

$116,675Short-term available-for-sale investments

162,162

152,311Trade accounts receivable

38,138

35,668Inventory

35,675

38,277Other current assets

3,469

3,576  Current assets

390,157

346,507Available-for-sale investments

135,765

143,966Property and equipment, net

105,202

93,788Goodwill and intangible assets, net

126,090

132,158Other non-current assets

3,076

2,905  Total assets

$760,290

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SOURCE Techne Corporation
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