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Bio-Techne TECH Operating Segments — Finite Lived Intangible Assets Net

Discontinued — last reported Q4 '16

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Other financials

Income statement

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Revenue$311.4M-1.5%
Gross profit$208.3M-2.9%
Operating income$75.5M+95.0%
Net income$51.0M+126%
EPS (diluted)$0.32+129%

Balance sheet

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Cash & equivalents$209.8M+49.2%
Total debt$290.3M-31.4%
Total equity$2.1B+3.3%
Total assets$2.6B-3.5%

Cash flow

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Operating cash flow$86.7M+111%
CapEx$9.1M-10.2%
Free cash flow$77.6M+150%

Valuation

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Market cap$9.07B-11.8%
Enterprise value$9.15B-13.6%
P/E60.6×+13.6×
P/S7.5×-1.0×

Profitability

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Gross margin65%-0.8pp
Operating margin14.2%-7.9pp
Net margin10.9%-6.7pp
FCF margin22.3%+4.0pp

Returns & leverage

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Return on equity6.5%-3.9pp
Debt / equity0.1×-0.1×
Current ratio4.5×+0.8×

Where this comes from

Reported directly by Bio-Techne in its filing.

Tagged under the XBRL concept us-gaap:FiniteLivedIntangibleAssetsNet.

The official record: Bio-Techne’s 10-K, filed August 29, 2016, on SEC EDGAR. View the filing →

Questions, answered.

What does operating segments — finite lived intangible assets net mean?
The value of a segment's intangible assets, like patents, that have a limited lifespan.
How do you interpret operating segments — finite lived intangible assets net?
A higher balance indicates a strong portfolio of intellectual property, while a steady decline reflects the natural amortization of those assets.
How does operating segments — finite lived intangible assets net compare across companies?
Companies that grow through acquisitions in the biotech space typically show significant finite-lived intangible assets on their balance sheets.