Quarterly report pursuant to Section 13 or 15(d)

Note 2 - Acquisitions (Tables)

v2.4.1.9
Note 2 - Acquisitions (Tables)
6 Months Ended
Dec. 31, 2014
Notes Tables  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]
 
 
Novus
 
 
ProteinSimple
 
 
CyVek
 
                         
Current assets
  $ 10,739     $ 20,273     $ 633  
Equipment
    1,266       1,983       980  
Other long-term assets
    40       554       19  
Intangible Assets:
                       
Developed technology
    5,010       41,200       20,200  
Trade name
    5,300       36,300       100  
Customer relationships
    14,400       101,100       900  
Non-compete agreements
    0       200       0  
Goodwill
    26,692       133,015       99,870  
Total assets acquired
    63,447       334,625       122,702  
                         
Liabilities
    2,166       11,304       1,913  
Deferred income taxes, net
    1,159       23,268       7,562  
Net assets
  $ 60,122     $ 300,053     $ 113,227  
Less fair-value of previous investment
    0       0       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
    0       0       35,000  
Net purchase price
  $ 60,122     $ 300,053     $ 94,927  
Condensed Income Statement [Table Text Block]
 
 
Novus
 
 
ProteinSimple
 
 
CyVek
 
 
 
Quarter
Ended
 
 
Six Months
Ended
 
 
Quarter
Ended
 
 
Six Months
Ended
 
 
Quarter
Ended
 
 
Six Months
Ended
 
 
 
December
31, 2014
 
 
December
31, 2014
 
 
December
31, 2014
 
 
December
31, 2014
 
 
December
31, 2014
 
 
December
31, 2014
 
                                                 
Net sales
  $ 5,112     $ 10,593     $ 20,099     $ 33,013     $ 200     $ 200  
Net (loss) income
    (155
)
    (354
)
    595       (1,208
)
    (1,023
)
    (1,023
)
Amortization expense
    429       949       3,194       5,374       251       251  
Cost recognized on sale
of acquired inventory
    512       1,059       0       1,444       64       64  
Business Acquisition, Pro Forma Information [Table Text Block]
 
 
Quarter Ended
 
 
Six Months Ended
 
 
 
December 31,
 
 
December 31,
 
 
 
2014
 
 
2013
 
 
2014
 
 
2013
 
                                 
Net sales
  $ 112,022     $ 103,969     $ 225,429     $ 207,423  
Net income
  $ 32,004     $ 20,599     $ 53,701     $ 42,974