IMMUCOR, INC.
CONDENSED CONSOLIDATED STATEMENTS OF INCOME
(unaudited, in thousands except per share data)
Three Months Ended Year Ended
May 31, May 31, May 31, May 31,
2009 2008 2009 2008
NET SALES $79,041 $68,614 $300,547 $261,199
COST OF SALES 23,802 19,221 84,536 75,710
GROSS PROFIT 55,239 49,393 216,011 185,489
OPERATING EXPENSES
Research and development 3,144 1,443 10,698 6,454
Selling and marketing 9,654 9,951 39,191 32,970
Distribution 3,383 3,183 13,708 11,394
General and administrative 8,813 6,540 31,717 25,925
Restructuring expense - - - 646
Amortization expense and other 1,072 96 3,739 357
Total operating expenses 26,066 21,
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