| Segment Information |
Segment information is as follows:
|
|
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|
|
|
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|
Year Ended May 31, 2025 |
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|
Food Safety |
|
|
Animal Safety |
|
|
Corporate and
Eliminations (1) |
|
|
Total |
|
Total Revenues |
|
$ |
638,140 |
|
|
$ |
256,521 |
|
|
|
|
|
$ |
894,661 |
|
Total Cost of Revenues |
|
|
308,715 |
|
|
|
164,570 |
|
|
|
|
|
|
473,285 |
|
Operating Expenses |
|
|
1,315,095 |
|
|
|
84,704 |
|
|
|
82,574 |
|
|
|
1,482,373 |
|
Operating Income (Loss) |
|
$ |
(985,670 |
) |
|
$ |
7,247 |
|
|
$ |
(82,574 |
) |
|
$ |
(1,060,997 |
) |
|
|
Depreciation and Amortization |
|
$ |
105,022 |
|
|
$ |
14,461 |
|
|
|
— |
|
|
$ |
119,483 |
|
Interest Expense |
|
|
— |
|
|
|
— |
|
|
$ |
71,622 |
|
|
$ |
71,622 |
|
Total Assets |
|
$ |
2,991,767 |
|
|
$ |
323,065 |
|
|
$ |
129,004 |
|
|
$ |
3,443,836 |
|
Expenditures for long-lived assets |
|
$ |
96,698 |
|
|
$ |
7,897 |
|
|
|
— |
|
|
$ |
104,595 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended May 31, 2024 |
|
|
|
Food Safety |
|
|
Animal Safety |
|
|
Corporate and
Eliminations (1) |
|
|
Total |
|
Total Revenues |
|
$ |
655,341 |
|
|
$ |
268,881 |
|
|
|
|
|
$ |
924,222 |
|
Total Cost of Revenues |
|
|
301,634 |
|
|
|
158,688 |
|
|
|
|
|
|
460,322 |
|
Operating Expenses |
|
|
271,261 |
|
|
|
70,873 |
|
|
|
63,103 |
|
|
|
405,237 |
|
Operating Income (Loss) |
|
$ |
82,446 |
|
|
$ |
39,320 |
|
|
$ |
(63,103 |
) |
|
$ |
58,663 |
|
|
|
Depreciation and Amortization |
|
$ |
102,328 |
|
|
$ |
14,389 |
|
|
|
— |
|
|
$ |
116,717 |
|
Interest Expense |
|
|
— |
|
|
|
— |
|
|
$ |
73,394 |
|
|
$ |
73,394 |
|
Total Assets |
|
$ |
4,035,257 |
|
|
$ |
342,640 |
|
|
$ |
170,936 |
|
|
$ |
4,548,833 |
|
Expenditures for long-lived assets |
|
$ |
93,036 |
|
|
$ |
18,385 |
|
|
|
— |
|
|
$ |
111,421 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended May 31, 2023 |
|
|
|
Food Safety |
|
|
Animal Safety |
|
|
Corporate and
Eliminations (1) |
|
|
Total |
|
Total Revenues |
|
$ |
546,797 |
|
|
$ |
275,650 |
|
|
|
|
|
$ |
822,447 |
|
Total Cost of Revenues |
|
|
257,655 |
|
|
|
158,837 |
|
|
|
|
|
|
416,492 |
|
Operating Expenses |
|
|
228,728 |
|
|
|
73,481 |
|
|
|
66,231 |
|
|
|
368,440 |
|
Operating Income (Loss) |
|
$ |
60,414 |
|
|
$ |
43,332 |
|
|
$ |
(66,231 |
) |
|
$ |
37,515 |
|
|
|
Depreciation and Amortization |
|
$ |
76,841 |
|
|
$ |
11,536 |
|
|
|
— |
|
|
$ |
88,377 |
|
Interest Expense |
|
|
— |
|
|
|
— |
|
|
$ |
55,961 |
|
|
$ |
55,961 |
|
Total Assets |
|
$ |
3,970,356 |
|
|
$ |
338,507 |
|
|
$ |
245,569 |
|
|
$ |
4,554,432 |
|
Expenditures for long-lived assets |
|
$ |
52,169 |
|
|
$ |
13,588 |
|
|
|
— |
|
|
$ |
65,757 |
|
(1)Includes corporate assets, including cash and cash equivalents, marketable securities, current and deferred tax accounts, and overhead expenses not allocated to specific business segments. Also includes the elimination of intersegment transactions.
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