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Techne Corporation Releases Unaudited Fourth Quarter and Fiscal Year 2011 Results
Date:8/2/2011

uisition related costs

(1,256)

0

(1,735)

0Amortization of intangibles

(390)

( 131)

(575)

(525)Selling, general and administrative expenses – Adjusted

$7,971

$7,464

$32,641

$32,175TECHNE CORPORATION

RECONCILIATION of EFFECTIVE TAX RATE

(Unaudited)QUARTER ENDED

FISCAL YEAR ENDED6/30/11

6/30/10

6/30/11

6/30/10Effective tax rate

34.1%

32.9%

31.9%

29.8%Identified adjustments:Tax benefit from repatriation of cash

0.0%

0.0%

0.0%

3.0%Non deductible professional fees and acquisition costs

(1.1%)

0.0%

(0.2%)

0.0%Effective tax rate – Adjusted

33.0%

32.9%

31.7%

32.8%TECHNE CORPORATION

RECONCILIATION of INTANGIBLE AMORTIZATION

(In thousands)

(Unaudited)QUARTER ENDED

FISCAL YEAR ENDED6/30/11

6/30/10

6/30/11

6/30/10Amortization of intangible assets was included in:Cost of goods sold

$564

$109

$890

$435Selling, general and administrative expenses

390

131

575

525Total amortization of intangible assets

$954


SOURCE Techne Corporation
Copyright©2010 PR Newswire.
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