Segment Information |
H. Segment Information:
The Company has two reportable segments based on the nature of
products (biotechnology and clinical controls). Following is
financial information relating to the Company’s reportable
segments (in thousands):
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Quarter Ended
December 31, |
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Six Months Ended
December 31, |
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2013 |
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2012 |
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2013 |
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2012 |
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External sales
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Biotechnology
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$ |
70,557 |
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$ |
69,628 |
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$ |
143,747 |
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$ |
139,131 |
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Clinical Controls
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13,460 |
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5,455 |
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25,938 |
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10,977 |
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Consolidated net sales
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$ |
84,017 |
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$ |
75,083 |
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$ |
169,685 |
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$ |
150,108 |
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Earnings before income taxes
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Biotechnology
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$ |
36,618 |
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$ |
36,883 |
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$ |
75,996 |
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$ |
73,877 |
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Clinical Controls
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1,783 |
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2,148 |
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4,068 |
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4,251 |
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Segment earnings before income taxes
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38,401 |
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39,031 |
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80,064 |
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78,128 |
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Unallocated corporate expenses and equity method investee
losses
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(2,183 |
) |
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(1,585 |
) |
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(4,192 |
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(2,696 |
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Consolidated earnings before income taxes
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$ |
36,218 |
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$ |
37,446 |
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$ |
75,872 |
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$ |
75,432 |
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