Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

v3.23.3
Segment Information (Tables)
3 Months Ended
Sep. 30, 2023
Notes Tables  
Schedule of financial information by reportable segment

The following is financial information relating to the Company's reportable segments (in thousands):

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Quarter Ended

​

​

​

September 30, 

​

    

​

2023

    

2022

Net sales:

 

​

​

  

​

​

​

Protein Sciences

​

​

$

204,655

  

$

199,949

Diagnostics and Genomics

​

​

 

72,797

​

 

69,904

Intersegment

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​

 

(517)

​

 

(198)

Consolidated net sales

​

​

$

276,935

  

$

269,655

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​

​

​

​

​

​

​

Operating income:

​

​

 

  

​

 

  

Protein Sciences

​

​

$

88,361

  

$

85,942

Diagnostics and Genomics

​

​

 

527

​

 

8,638

Segment operating income

​

​

$

88,888

​

$

94,580

Costs recognized on sale of acquired inventory

​

​

 

(181)

​

 

(300)

Amortization of intangibles

​

​

 

(19,851)

​

 

(19,283)

Impact of partially-owned consolidated subsidiaries(1)

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​

 

—

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647

Acquisition related expenses and other

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​

 

588

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(297)

Stock based compensation, inclusive of employer taxes

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​

 

(11,494)

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(15,458)

Restructuring costs

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​

 

(89)

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(2,170)

Corporate general, selling, and administrative expenses

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​

 

(1,999)

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(1,402)

Consolidated operating income

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​

$

55,862

  

$

56,317

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(1) Includes the quarterly results of the partially-owned consolidated subsidiary prior to the sale of this partially-owned consolidated subsidiary to a third party