Note 14. Segment and Geographic Information

9 Months Ended

Feb. 29, 2012

Segment Reporting Disclosure [Text Block]

14. SEGMENT AND GEOGRAPHIC INFORMATION

The Company’s operations and segments are organized around geographic areas. The foreign locations principally function as distributors of products primarily developed and manufactured by the Company in the United States and Canada. The accounting policies applied in the preparation of the Company’s consolidated financial statements are applied consistently across all segments. Intersegment sales are recorded at market price and are eliminated in consolidation. The Other segment consists of Canada and Japan.

Net sales by product group, segment information and net export sales for the three months ended  February 29, 2012 and February 28, 2011, as well as, information for the nine months ended February 29, 2012, separated into Predecessor and Successor periods, and the nine months ended February 28, 2011 is summarized below (in thousands).

Net Sales

	Successor		Predecessor
	Three Months Ended February 29, 2012		Three Months Ended February 28, 2011
Sales by product group
Traditional reagents	$	48,371	$	49,605
Capture reagents		20,153		21,539
Instruments		11,362		10,807
Molecular immunohematology		1,484		1,398
Net sales	$	81,370	$	83,349

	Successor		Predecessor
	August 20, 2011 Through February 29, 2012		June 1, 2011 through August 19, 2011		Nine Months Ended February 28, 2011
Sales by product group
Traditional reagents	$	102,362	$	42,936	$	148,873
Capture reagents		45,801		21,239		62,212
Instruments		24,439		9,457		33,319
Molecular immunohematology		3,193		1,278		4,132
Net sales	$	175,795	$	74,910	$	248,536

Segment Information for the Quarter

	Successor
	For the Three Months Ended February 29, 2012
	U.S.		Europe		Other		Elims			Consolidated
Sales:
Unaffiliated customers	$	56,007	$	16,750	$	8,613	$	-		$	81,370
Affiliates		3,735		4,508		83		(8,326	)		-
Net Sales	$	59,742	$	21,258	$	8,696	$	(8,326	)	$	81,370
Income from operations	$	5,250	$	1,393	$	2,470	$	-		$	9,113
Goodwill		695,727		152,657		111,835		-			960,219
Intangible assets		660,897		45,292		43,178		-			749,367
Total assets at period end		2,001,009		273,920		174,893		(491,111	)		1,958,711

	Predecessor
	For the Three Months Ended February 28, 2011
	U.S.		Europe		Other		Elims			Consolidated
Sales:
Unaffiliated customers	$	59,875	$	15,998	$	7,476	$	-		$	83,349
Affiliates		3,840		3,313		39		(7,192	)		-
Net Sales	$	63,715	$	19,311	$	7,515	$	(7,192	)	$	83,349
Income (loss) from operations	$	28,111	$	3,213	$	2,543	$	-		$	33,867
Goodwill		73,881		6,993		15,511		-			96,385
Intangible assets		47,679		1,197		6,193		-			55,069
Total assets at period end		657,440		86,162		61,567		(207,861	)		597,308

 Segment Information for the Year to Date

	Successor
	August 20, 2011 through February 29, 2012
	U.S.			Europe		Other		Elims			Consolidated
Sales:
Unaffiliated customers	$	120,002		$	37,693	$	18,100	$	-		$	175,795
Affiliates		8,162			8,808		207		(17,177	)		-
Net Sales	$	128,164		$	46,501	$	18,307	$	(17,177	)	$	175,795
Income (loss) from operations	$	(19,417	)	$	336	$	2,929	$	-		$	(16,152	)
Goodwill		695,727			152,657		111,835		-			960,219
Intangible assets		660,897			45,292		43,178		-			749,367
Total assets at period end		2,001,009			273,920		174,893		(491,111	)		1,958,711

	Predecessor
	June 1, 2011 through August 19, 2011
	U.S.			Europe		Other		Elims			Consolidated
Sales:
Unaffiliated customers	$	52,364		$	15,100	$	7,446	$	-		$	74,910
Affiliates		3,679			3,992		110		(7,781	)		-
Net Sales	$	56,043		$	19,092	$	7,556	$	(7,781	)	$	74,910
Income (loss) from operations	$	(10,298	)	$	1,619	$	2,171	$	-		$	(6,508	)
Goodwill		70,946			7,239		15,880		-			94,065
Intangible assets		45,871			1,139		6,592		-			53,602
Total assets at period end		732,603			92,440		39,199		(211,847	)		652,395

	Predecessor
	For the Nine Months Ended February 28, 2011
	U.S.		Europe		Other		Elims			Consolidated
Sales:
Unaffiliated customers	$	176,366	$	49,501	$	22,669	$	-		$	248,536
Affiliates		11,782		11,833		209		(23,824	)		-
Net Sales	$	188,148	$	61,334	$	22,878	$	(23,824	)	$	248,536
Income (loss) from operations	$	80,842	$	8,857	$	8,327	$	-		$	98,026
Goodwill		73,881		6,993		15,511		-			96,385
Intangible assets		47,679		1,197		6,193		-			55,069
Total assets at period end		657,440		86,162		61,567		(207,861	)		597,308

Net Export Sales

	Successor		Predecessor
	Three Months Ended February 29, 2012		Three Months Ended February 28, 2011
United States	$	1,868	$	1,527
Europe		1,712		1,374
Other		860		453
Total net export sales	$	4,440	$	3,354

	Successor		Predecessor
	August 20, 2011 through February 29, 2012		June 1, 2011 through August 19, 2011		Nine Months Ended February 28, 2011
United States	$	3,619	$	1,417	$	4,804
Europe		3,893		964		4,757
Other		1,493		526		1,583
Total net export sales	$	9,005	$	2,907	$	11,144