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Techne Corporation Releases Unaudited Third Quarter Results for Fiscal Year 2010

Tuesday, May 4, 2010 General News J E 4
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TECHNE CORPORATION

CONSOLIDATED BALANCE SHEETS

(In thousands)

(Unaudited)

ASSETS

3/31/10

6/30/09

Cash and equivalents

$108,236

$160,940

Short-term available-for-sale investments

44,922

41,947

Trade accounts receivable

34,527

29,516

Other receivables

1,395

1,637

Inventory

13,451

11,269

Other current assets

16,791

10,158

 Current assets

219,322

255,467

Available-for-sale investments

154,360

61,863

Property and equipment, net

97,745

100,133

Goodwill and intangible assets, net

27,352

28,072

Other non-current assets

23,113

26,470

 Total assets

$521,892

$472,005

LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities

$  19,748

$  15,523

Stockholders' equity

502,144

456,482

 Total liabilities and stockholders' equity

$521,892

$472,005

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