| Component: (Network and Table) | |
|---|---|
| Network | 109 - Statement - Consolidated Statements of Cash Flows (http://www.neogen.com/taxonomy/role/StatementOfCashFlowsIndirect) |
| Table | Statement [Table] |
| Reporting Entity [Axis] | 0000711377 (http://www.sec.gov/CIK) |
| Legal Entity [Axis] | Entity [Domain] |
| Statement [Line Items] | Period [Axis] | ||
|---|---|---|---|
2012-06-01 - 2013-05-31 | 2011-06-01 - 2012-05-31 | 2010-06-01 - 2011-05-31 | |
Net income | 27,041,000 | 22,389,000 | 22,795,000 |
Adjustments to reconcile net income to net cash provided from operating activities: | |||
Depreciation and amortization | 7,411,000 | 6,173,000 | 5,329,000 |
Deferred income taxes | 287,000 | 1,340,000 | 2,253,000 |
Share based compensation | 3,064,000 | 2,455,000 | 2,237,000 |
Excess income tax benefit from the exercise of stock options | (3,113,000) | (1,829,000) | (2,992,000) |
Changes in operating assets and liabilities, net of business acquisitions: | |||
Accounts receivable | (2,674,000) | (7,204,000) | (903,000) |
Inventories | (2,082,000) | (3,093,000) | (434,000) |
Prepaid expenses and other current assets | (1,505,000) | 1,497,000 | 499,000 |
Accounts payable | (1,417,000) | 2,330,000 | 1,196,000 |
Accruals and other changes | (451,000) | (1,781,000) | (1,137,000) |
Net Cash From Operating Activities | 26,561,000 | 22,277,000 | 28,843,000 |
Cash Flows Used In Investing Activities | |||
Purchases of property, equipment and other noncurrent assets | (8,897,000) | (12,413,000) | (7,796,000) |
Proceeds from the sale of marketable securities | 67,039,000 | 72,270,000 | 40,076,000 |
Purchases of marketable securities | (82,776,000) | (71,631,000) | (60,315,000) |
Business acquisitions, net of cash acquired | (13,318,000) | (4,011,000) | 0 |
Net Cash Used In Investing Activities | (37,952,000) | (15,785,000) | (28,035,000) |
Cash Flows From Financing Activities | |||
Exercise of options | 9,533,000 | 5,797,000 | 10,259,000 |
Excess income tax benefit from the exercise of stock options | 3,113,000 | 1,829,000 | 2,992,000 |
Increase (Decrease) in other long-term liabilities | (155,000) | (750,000) | (1,217,000) |
Net Cash From Financing Activities | 12,491,000 | 6,876,000 | 12,034,000 |
Effect of Exchange Rate on Cash | (113,000) | (167,000) | 196,000 |
Net Increase (Decrease) In Cash and Cash Equivalents | 987,000 | 13,201,000 | 13,038,000 |
Cash And Cash Equivalents At Beginning of Year | 49,045,000 | 35,844,000 | 22,806,000 |
Cash And Cash Equivalents At End of Year | 50,032,000 | 49,045,000 | 35,844,000 |
Supplement Cash Flow Information | |||
Income taxes paid, net of refunds | 8,986,000 | 6,445,000 | 9,863,000 |