| Schedule of the Consolidated Changes in Equity |
Consolidated Changes in Equity (amounts in thousands)
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Bio-Techne Shareholders |
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Accumulated |
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Additional |
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Other |
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Common Stock |
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Paid-in |
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Retained |
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Comprehensive |
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Shares |
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Amount |
|
Capital |
|
Earnings |
|
Income(Loss) |
|
Total |
Balances at June 30, 2024 |
|
158,216 |
|
$ |
1,582 |
|
$ |
820,337 |
|
$ |
1,325,247 |
|
$ |
(78,316) |
|
$ |
2,068,850 |
Net earnings |
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|
|
|
|
|
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|
|
33,600 |
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|
33,600 |
Other comprehensive income (loss) |
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18,229 |
|
|
18,229 |
Common stock issued for exercise of options |
|
577 |
|
|
6 |
|
|
23,224 |
|
|
(2,338) |
|
|
|
|
|
20,892 |
Common stock issued for restricted stock awards |
|
50 |
|
|
1 |
|
|
1 |
|
|
(2,646) |
|
|
|
|
|
(2,644) |
Cash dividends |
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|
|
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|
|
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(12,688) |
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|
|
|
|
(12,688) |
Stock-based compensation expense |
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|
|
|
|
|
|
10,146 |
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|
|
|
|
|
|
|
10,146 |
Common stock issued to employee stock purchase plan |
|
35 |
|
|
0 |
|
|
2,227 |
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|
|
|
|
|
|
|
2,227 |
Employee stock purchase plan expense |
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|
|
|
|
|
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38 |
|
|
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|
|
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|
38 |
Balances at September 30, 2024 |
|
158,878 |
|
$ |
1,589 |
|
$ |
855,973 |
|
$ |
1,341,175 |
|
$ |
(60,087) |
|
$ |
2,138,650 |
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Bio-Techne Shareholders |
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|
|
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|
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|
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Accumulated |
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|
|
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|
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|
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Additional |
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Other |
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|
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Common Stock |
|
Paid-in |
|
Retained |
|
Comprehensive |
|
|
|
|
|
Shares |
|
Amount |
|
Capital |
|
Earnings |
|
Income(Loss) |
|
Total |
Balances at June 30, 2023 |
|
157,642 |
|
$ |
1,576 |
|
$ |
721,543 |
|
$ |
1,309,461 |
|
$ |
(66,064) |
|
$ |
1,966,516 |
Net earnings |
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|
|
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|
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|
50,993 |
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|
|
|
|
50,993 |
Other comprehensive income (loss) |
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|
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|
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(11,952) |
|
|
(11,952) |
Common stock issued for exercise of options |
|
633 |
|
|
6 |
|
|
12,877 |
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|
(15,460) |
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|
|
|
|
(2,577) |
Common stock issued for restricted stock awards |
|
47 |
|
|
1 |
|
|
0 |
|
|
(4,768) |
|
|
|
|
|
(4,767) |
Cash dividends |
|
|
|
|
|
|
|
|
|
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(12,654) |
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|
|
|
|
(12,654) |
Stock-based compensation expense |
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|
|
|
|
|
|
9,981 |
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|
|
|
|
|
|
|
9,981 |
Common stock issued to employee stock purchase plan |
|
33 |
|
|
1 |
|
|
2,093 |
|
|
|
|
|
|
|
|
2,094 |
Employee stock purchase plan expense |
|
|
|
|
|
|
|
112 |
|
|
|
|
|
|
|
|
112 |
Balances at September 30, 2023 |
|
158,355 |
|
$ |
1,584 |
|
$ |
746,606 |
|
$ |
1,327,572 |
|
$ |
(78,016) |
|
$ |
1,997,746 |
|
| Schedule of changes in Accumulated Other Comprehensive Income (Loss) |
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Three months ended September 30, 2024 (in thousands): |
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Unrealized |
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|
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Gains |
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Foreign |
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(Losses) on |
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Currency |
|
|
|
|
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Derivative |
|
Translation |
|
|
|
|
|
Instruments |
|
Adjustments |
|
Total |
Balance as of June 30, 2024, net of tax |
|
$ |
8,102 |
|
$ |
(86,418) |
|
$ |
(78,316) |
Other comprehensive income (loss), before tax: |
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|
|
|
|
|
|
|
|
Amounts before reclassifications |
|
|
(5,010) |
|
|
20,659 |
|
|
15,649 |
Amounts reclassified out |
|
|
2,599 |
|
|
782 |
|
|
3,381 |
Total other comprehensive income (loss), before tax |
|
|
(2,411) |
|
|
21,441 |
|
|
19,030 |
Tax (expense)/benefit |
|
|
(616) |
|
|
(185) |
|
|
(801) |
Total other comprehensive income (loss), net of tax |
|
|
(3,027) |
|
|
21,256 |
|
|
18,229 |
Balance as of September 30, 2024, net of tax |
|
$ |
5,075 |
|
$ |
(65,162) |
|
$ |
(60,087) |
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|
|
|
|
|
|
|
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|
Three months ended September 30, 2023 (in thousands): |
|
Unrealized |
|
|
|
|
|
|
|
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Gains |
|
Foreign |
|
|
|
|
|
(Losses) on |
|
Currency |
|
|
|
|
|
Derivative |
|
Translation |
|
|
|
|
|
Instruments |
|
Adjustments |
|
Total |
Balance as of June 30, 2023 net of tax: |
|
$ |
12,862 |
|
$ |
(78,926) |
|
$ |
(66,064) |
Other comprehensive income (loss), before tax: |
|
|
|
|
|
|
|
|
|
Amounts before reclassifications |
|
|
1,587 |
|
|
(11,069) |
|
|
(9,482) |
Amounts reclassified out |
|
|
(2,539) |
|
|
(698) |
|
|
(3,237) |
Total other comprehensive income (loss), before tax |
|
|
(952) |
|
|
(11,767) |
|
|
(12,719) |
Tax (expense)/benefit |
|
|
(602) |
|
|
(165) |
|
|
(767) |
Total other comprehensive income (loss), net of tax |
|
|
(350) |
|
|
(11,602) |
|
|
(11,952) |
Balance as of September 30, 2023, net of tax |
|
$ |
12,512 |
|
$ |
(90,528) |
|
$ |
(78,016) |
|