SEGMENT INFORMATION TECHNE CORPORATION AND SUBISIDARIES (in thousands of $'s, except per share data) Fiscal 2012 ---------------- Increase First Percent (Decrease) From Quarter of Sales Fiscal 2011 ------- -------- -------------- Sales 77,596 100% 9,651 Cost of sales 19,209 25% 3,859 ------- ---- ----- Gross margin 58,387 75% 5,792 Gross margin percentage 75.2% SG&A expense 10,773 14% 3,160 R&D expense 6,667 9% 48 Interest income (728) (1%) 119 Other non-operating ex., net 1,175 1% 918 ------- ---- ----- 17,887 23% 4,245 ------- ---- ----- Earnings before income taxes 40,500 52% 1,547 Income taxes 12,979 17% 399 ------- ---- ----- 27,521 35% 1,148 ======= ==== ===== Diluted earnings per share 0.74 Weighted average diluted shares outstanding 37,170 BIOTECHNOLOGY (1) (in thousands of $'s) Fiscal 2012 ---------------- Increase First Percent (Decrease) From Quarter of Sales Fiscal 2011 ------- -------- -------------- Sales 72,303 100% 9,262 Cost of sales 16,465 23% 3,624 ------- ---- ----- Gross margin 55,838 77% 5,638 Gross margin percentage 77.2% SG&A expense 9,470 13% 2,984 R&D expense 6,469 9% 48 Interest income (609) (1%) 53 Exchange loss/gain 524 1% 1,029 ------- ---- ----- 15,854 22% 4,114 ------- ---- ----- Pretax result 39,984 55% 1,524 ======= ==== ===== (1) Includes R&D Systems' Biotechnology Division, R&D Systems Europe, BiosPacific, R&D China, Boston Biochem and Tocris. HEMATOLOGY (in thousands of $'s) Fiscal 2012 ---------------- Increase First Percent (Decrease) From Quarter of Sales Fiscal 2011 ------- -------- -------------- Sales 5,293 100% 389 Cost of sales 2,744 52% 235 ------- ---- ----- Gross margin 2,549 48% 154 Gross margin percentage 48.2% SG&A expense 480 9% 152 R&D expense 198 4% ---- Interest income (47) (1%) 6 ------- ---- ---- 631 12% 158 ------- ---- ---- Pretax result 1,918 36% (4) ======= ==== ==== CORPORATE AND OTHER (2) (in thousands of $'s) Fiscal 2012 Increase First (Decrease) From Quarter Fiscal 2011 ------- -------------- Interest income 72 (60) Rental income 134 11 ------- ---- 206 (49) SG&A expense 823 24 Other-Building expenses 587 31 Other-Equity Investment losses 198 (131) ------- ---- 1,608 (76) ------- ---- Pretax result (1,402) 27 ======= ==== (2) Unallocated corporate expenses and Techne's share of losses by Hemerus Medical, LLC and Nephromics, LLC.