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Subsequent Event
6 Months Ended
Oct. 28, 2011
Subsequent Event [Abstract]  
Subsequent Events

Note 21 – Subsequent Events

 

On November 16, 2011, the Company and Bain Capital entered into a definitive agreement under which affiliates of Bain Capital will acquire Physio-Control and related entities for cash in a transaction valued at approximately $404 million excluding closing adjustments and potential earn-outs. Subsequent to the fiscal year 2012 second quarter, the $210 million net assets of Physio-Control to be sold met the accounting criteria to be classified as held for sale and will be aggregated and reported in accordance with authoritative guidance in the Company's fiscal year 2012 third quarter Form 10-Q.  The transaction is expected to close in the first quarter of calendar 2012, and is subject to certain regulatory and customary closing conditions.