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Basis Of Presentation
9 Months Ended
Feb. 29, 2012
Basis Of Presentation [Abstract]  
Basis Of Presentation

Note 1—Basis of Presentation.

The accompanying unaudited condensed consolidated financial statements include the accounts of LVB Acquisition, Inc. ("LVB" and "Parent") and Biomet, Inc. and its subsidiaries (individually and collectively with its subsidiaries referred to as "Biomet", and together with LVB, the "Company", "we", "us", or "our"). Biomet is a wholly owned subsidiary of LVB. LVB has no other operations beyond its ownership of Biomet. Intercompany accounts and transactions have been eliminated in consolidation.

The unaudited condensed consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles ("GAAP") for condensed financial information, the instructions to Form 10-Q and Article 10 of Regulation S-X. As a result, they do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation of the financial condition, results of operations and cash flows for the periods presented have been included. Operating results for the three and nine month periods ended February 29, 2012 are not necessarily indicative of the results that may be expected for the fiscal year ending May 31, 2012. For further information, including the Company's significant accounting policies, refer to the audited consolidated financial statements and notes thereto included in Biomet, Inc.'s Annual Report on Form 10-K for the fiscal year ended May 31, 2011 (the "2011 10-K") and LVB's Registration Statement on Form 10/A filed with the Securities and Exchange Commission ("SEC") on December 21, 2011 (the "Form 10/A").

The May 31, 2011 balances have been derived from the audited financial statements included in (1) Biomet's 2011 Form 10-K and (2) LVB Acquisition, Inc.'s Form 10/A.

Recent Accounting Pronouncements – There are no recently issued accounting pronouncements that the Company has yet to adopt that are expected to have a material effect on the Company's financial position, results of operations or cash flows.