| 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 |
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Nine Months
Ended |
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March 31, |
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March 31, |
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2014 |
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2013 |
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2014 |
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2013 |
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External sales
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Biotechnology
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$ |
80,134 |
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$ |
75,285 |
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$ |
223,881 |
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$ |
214,416 |
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Clinical Controls
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|
15,421 |
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|
5,707 |
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|
41,359 |
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|
16,684 |
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Consolidated net sales
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$ |
95,555 |
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$ |
80,992 |
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$ |
265,240 |
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$ |
231,100 |
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Earnings before income taxes
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Biotechnology
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$ |
44,593 |
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$ |
43,246 |
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$ |
120,589 |
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$ |
117,123 |
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Clinical Controls
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3,157 |
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2,247 |
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|
7,225 |
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|
6,498 |
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Segment earnings before income taxes
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47,750 |
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|
45,493 |
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|
127,814 |
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|
123,621 |
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Unallocated corporate expenses and equity method investee
losses
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|
(1,681 |
) |
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(1,027 |
) |
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(5,873 |
) |
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(3,723 |
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Consolidated earnings before income taxes
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$ |
46,069 |
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$ |
44,466 |
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$ |
121,941 |
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$ |
119,898 |
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