Annual report pursuant to Section 13 and 15(d)

Note 13 - Supplemental Disclosures of Cash Flow Information and Noncash Investing and Financing Activities

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Note 13 - Supplemental Disclosures of Cash Flow Information and Noncash Investing and Financing Activities
12 Months Ended
Jun. 30, 2015
Notes to Financial Statements  
Cash Flow, Supplemental Disclosures [Text Block]
Note 13.
Supplemental Disclosures of Cash Flow Information and Noncash Investing and Financing Activities:
 
In fiscal 2015, the Company acquired Novus, ProteinSimple, and CyVek for approximately $60 million, $300 million and $95 million, respectively. CyVek was acquired for approximately $62 million in cash and the Company
will also pay CyVek’s previous stockholders up to $35.0 million based on the revenue generated by CyVek’s products before May 3, 2017 (30 months from the closing of the Merger).
 
In fiscal 2015, the Company opened a line of credit from which it borrowed a net amount of $73 million.
 
In fiscal 2014, the Company acquired Bionostics for approximately $103 million. PrimeGene was acquired for approximately $18.7 million. Approximately $6.0 million was paid at closing with approximately $12.7 million payable over fiscal years 2015 through 2017.
 
In fiscal 2015, 2014 and 2013, the Company paid cash for income taxes of $42.6 million, $55.2 million and $51.6 million, respectively.
 
In fiscal 2015, stock options for 385 shares of common stock were exercised by the surrender of 309 shares of common stock at fair market value of $31,000. In fiscal 2014, stock options for 1,077 shares of common stock were exercised by the surrender of 733 shares of common stock at fair market value of $56,000.