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Note 6. Property And Equipment

12 Months Ended

May 31, 2012

Property, Plant and Equipment Disclosure [Text Block]

6. PROPERTY AND EQUIPMENT

	Successor			Predecessor
	May 31, 2012			May 31, 2011
	(in thousands)

Land	$	301		$	67
Buildings and improvements		2,304			3,073
Leasehold improvements		16,154			17,757
Capital work-in-progress		4,131			6,754
Furniture and fixtures		1,966			3,992
Instruments at customer sites		15,786			54,403
Machinery and equipment		35,739			34,826
		76,381			120,872
Less accumulated depreciation		(11,719	)		(62,656	)
Property, plant and equipment – net	$	64,662		$	58,216

Depreciation expense was $15.5 million in Successor fiscal 2012 period, $3.4 million in the Predecessor fiscal 2012 period, $13.9 million in fiscal year 2011, and $12.3 million in fiscal year 2010. Depreciation expense is primarily included in cost of sales in the consolidated statements of operations.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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