Company: NEOG
Filing Date: 2025-07-30
Form Type: 10-K
Source: 0000950170-25-100064
Chunk: 38

Company: NEOGEN CORP
Filing Date: 2025-07-30
Form: 10-K
Item: Item 6
Chunk 38
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 related to share-based awards

     (1,500
     )

     (118
     )

     —

     Proceeds from issuance of long-term debt

     450,000

     —

     —

     Repayment of long-term debt

     (550,000
     )

     —

     (100,000
     )

     Proceeds from issuance of revolving credit facility

     100,000

     —

     —

     Debt issuance costs paid

     (2,019
     )

     —

     (19,276
     )

     Repayment of finance lease and other

     (321
     )

     (420
     )

     —

     Net Cash (used for) provided by Financing Activities

     (1,598
     )

     1,918

     (118,081
     )

     Effects of Foreign Exchange Rate on Cash

     942

     (502
     )

     (5,219
     )

     Net (Decrease) Increase in Cash and Cash Equivalents

     (41,607
     )

     7,371

     118,767

     Cash and Cash Equivalents, Beginning of Year

     170,611

     163,240

     44,473

     Cash and Cash Equivalents, End of Year
      
     $
     129,004

     $
     170,611

     $
     163,240

     Supplementary Cash Flow Information

     Cash paid for interest
      
     $
     68,142

     $
     73,168

     $
     42,616

     Property and equipment obtained for noncash consideration
      
     $
     930

     —

     —

     Income taxes paid, net of refunds
      
     $
     26,544

     $
     22,303

     $
     15,473

   See accompanying notes to consolidated financial statements.  

62

NEOGEN CORPORATION NOTES TO CONSOLIDATED FINANCIAL STATEMENTS(Dollar amounts in thousands) 1.Summary of Significant Accounting Policies OrganizationNeogen Corporation and subsidiaries ("Neogen," "we," "our," or the "Company") develop, manufacture and market a diverse line of products and services dedicated to food and animal safety. Our Food Safety segment consists primarily of diagnostic test kits and complementary products (e.g., culture media) sold to food producers and processors to detect dangerous and/or unintended substances in human food and animal feed