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Techne Corporation Releases Unaudited Third Quarter and Nine Month Fiscal Year 2012 Results
Date:5/1/2012

abilities and stockholders' equity

$684,034

$617,670TECHNE CORPORATION

RECONCILIATION of ORGANIC SALES

(In thousands)

(Unaudited)QUARTER ENDEDNINE MONTHS ENDED3/31/12

3/31/11

3/31/12

3/31/11Net sales

$83,621

$76,271

$235,879

$211,924Organic sales adjustments:Acquisitions

(6,600)

0

(17,655)

0Impact of foreign currency fluctuations

587

0

(1,529)

0Organic sales 

$77,608

$76,271

$216,695

$211,924Organic sales growth

1.8%2.3%TECHNE CORPORATION

RECONCILIATION of NET EARNINGS and EARNINGS per SHARE

(In thousands, except per share data)

(Unaudited)QUARTER ENDEDNINE MONTHS ENDED3/31/12

3/31/11

3/31/12

3/31/11Net earnings

$31,756

$31,064

$85,090

$83,971Identified adjustments:Costs recognized upon sale of acquired inventory

1,955

0

5,870

0Amortization of intangibles

1,268

170

3,821

511Acquisition related professional fees

0

211

0

211Impairment losses on investments

3,254

0

3,254

0Tax impact of above adjustments

(2,069)

(137)

(3,883
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SOURCE Techne Corporation
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