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Techne Corporation Releases Unaudited Second Quarter And Six Month Fiscal Year 2013 Results
Date:2/5/2013

ating income

36,904

37,682

74,707

78,629Other income (expense):Interest income

677

798

1,338

1,526Other non-operating expense, net

(135)

(607)

(613)

(1,782)Total other income (expense)

542

191

725

(256)Earnings before income taxes

37,446

37,873

75,432

78,373Income taxes

12,082

12,060

24,400

25,039Net earnings

$25,364

$25,813

$51,032

$53,334Earnings per share: Basic

$
.69

$
.70

$
.39

$
.44 Diluted

$   0.69

$
.70

$   1.38

$
.44Weighted average common shares outstanding:  Basic

36,834

36,966

36,831

37,030  Diluted

36,900

37,028

36,897

37,099 

 

TECHNE CORPORATION

CONSOLIDATED CONDENSED BALANCE SHEETS

(In thousands)

(Unaudited)ASSETS

12/31/12

6/30/12Cash and equivalents

$143,286

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

142,809

152,311Trade accounts receivable

32,187

35,668Inventory

37,600

38,277Other current assets

3,849

3,576  Current assets

359,731

346,507Available-for-sale investments

128,569

143,966Property and equipment, net

101,133

93,788Goodwill and intangible assets, net

132,104

132,158Other non-curren
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SOURCE Techne Corporation
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