Quarterly report pursuant to Section 13 or 15(d)

Note 2 - Acquisitions (Tables)

v2.4.1.9
Note 2 - Acquisitions (Tables)
9 Months Ended
Mar. 31, 2015
Notes Tables  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]
 
 
Novus
 
 
ProteinSimple
 
 
CyVek
 
                         
Current assets
  $ 10,739     $ 20,273     $ 945  
Equipment
    1,266       1,983       971  
Other long-term assets
    40       554       19  
Intangible Assets:
                       
Developed technology
    5,010       40,500       20,200  
Trade name
    5,300       35,800       100  
Customer relationships
    14,400       100,600       900  
Non-compete agreements
    -       200       -  
Goodwill
    26,692       134,265       91,584  
Total assets acquired
    63,447       334,175       114,719  
                         
Liabilities
    2,166       11,304       1,930  
Deferred income taxes, net
    1,159       22,818       (438 )
Net assets
  $ 60,122     $ 300,053     $ 113,227  
Less fair-value of previous investment
    -       -       18,300  
Net assets acquired
    60,122       300,053       94,927  
                         
Cash paid, net of cash acquired
  $ 60,122     $ 300,053       59,927  
Contingent consideration payable
    -       -       35,000  
Net purchase price
  $ 60,122     $ 300,053     $ 94,927  
Condensed Income Statement [Table Text Block]
 
 
Novus
 
 
ProteinSimple
 
 
CyVek
 
 
 
Quarter
Ended
 
 
Nine Months
Ended
 
 
Quarter
Ended
 
 
Nine Months
Ended
 
 
Quarter
Ended
 
 
Nine Months
Ended
 
 
 
March 31, 2015
 
 
March 31, 2015
 
 
March 31, 2015
 
 
March 31, 2015
 
 
March 31, 2015
 
 
March 31, 2015
 
                                                 
Net sales
  $ 4,845     $ 15,438     $ 20,414     $ 53,427     $ 192     $ 392  
Net (loss) income
    (76
)
    (430
)
    (4,545
)
    (5,753
)
    (2,601
)
    (3,624
)
Amortization expense
    474       1,423       2,951       8,325       374       625  
Cost recognized on sale
of acquired inventory
    406       1,465       -       1,444       -       64  
Business Acquisition, Pro Forma Information [Table Text Block]
 
 
Quarter Ended
 
 
Nine
Months Ended
 
 
 
March
31,
 
 
March
31,
 
 
 
201
5
 
 
201
4
 
 
201
5
 
 
201
4
 
                                 
Net sales
  $ 114,158     $ 114,018     $ 339,587     $ 321,441  
Net income
  $ 24,290     $ 27,460     $ 77,991     $ 69,985