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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
2 Months Ended 6 Months Ended 10 Months Ended 12 Months Ended
Dec. 31, 2011
Successor [Member]
Jun. 30, 2012
Successor [Member]
Jun. 30, 2011
Predecessor [Member]
Nov. 03, 2011
Predecessor [Member]
Dec. 31, 2010
Predecessor [Member]
Dec. 31, 2009
Predecessor [Member]
Cash flows from operating activities:            
Net earnings (loss) $ (114,869) $ (145,312) $ 149,843 $ 190,938 $ 256,084 $ 228,702
Adjustments to reconcile net earnings (loss) to net cash provided (used) by operating activities:            
Amortization of debt discount 2,196 7,163 11,279 19,044 21,296 19,718
Depreciation and other amortization 56,751 257,483 71,685 117,686 156,465 155,860
Amortization of fair value step-up in inventory 7,756 22,038 0 0 0 0
Fixed asset impairment   12,443 0      
Provision for bad debt and revenue allowance 1,690 4,550 5,364 9,392 10,602 10,166
Write-off of deferred debt issuance costs 0 0 3,218 3,218 2,301 3,035
Equity-based compensation expense 306 989 15,879 81,354 32,781 32,506
Deferred income tax benefit (47,200) (100,704) (21,061) (26,839) (61,216) (15,123)
Excess tax benefit from equity-based payment arrangements 0 0 (2,082) (2,439) (1,505) (1,214)
Unrealized loss (gain) on derivative instruments 9,519 19,011 (2,216) (3,114) 3,061 910
Unrealized gain on revaluation of cross currency debt (25,575) (9,202) 0 0 0 0
Change in assets and liabilities:            
Decrease (increase) in accounts receivable, net (9,708) 18,120 3,586 12,804 2,717 (29,271)
Decrease (increase) in inventories, net 9,563 (29) 4,504 11,008 (51,266) (11,953)
(Increase) decrease in prepaid expenses and other (1,552) (417) (13,732) 25,953 3,497 (565)
Increase (decrease) in accounts payable 7,065 (6,981) (8,585) (17,227) (3,005) 9,530
Increase (decrease) in accrued expenses and other 26,087 1,931 20,232 63,928 2,682 (30,196)
Increase (decrease) in tax liabilities, net 124 860 2,088 2,978 (13,731) 16,649
Increase (decrease) in deferred income taxes, net 273 (11) (3,541) (716) (8,042) (1,233)
Net cash provided (used) by operating activities (77,574) 81,932 236,461 487,968 352,721 387,521
Cash flows from investing activities:            
Additions to property, plant and equipment (36,008) (47,196) (66,750) (98,556) (85,883) (103,289)
Decrease (increase) in inventory to be converted into equipment for short-term rental 5,426 (623) (7,239) (5,925) 8,531 8,462
Dispositions of property, plant and equipment 732 1,284 913 1,464 2,100 4,976
Business acquired in purchase transaction, net of cash acquired 0     0 0 (173)
Dispositions of assets subject to leveraged lease, net 7,435     0 0 0
Increase in identifiable intangible assets and other non-current assets (1,217) (2,825) (17,364) (19,640) (18,680) (62,894)
Cash used to acquire equity (5,185,359)     0 0 0
Net cash used by investing activities (5,208,991) (49,360) (90,440) (122,657) (93,932) (152,918)
Cash flows from financing activities:            
Capital contributions from limited partners 1,714,398 239 0 0 0 0
Distribution to limited partners (543)     0 0 0
Proceeds from revolving credit facility 0     0 0 105,000
Repayments of long-term debt and capital lease obligations (1,534,130) (11,658) (13,830) (20,774) (222,727) (334,000)
Proceeds (payments) on intercompany loans 0 0 0 0 0 0
Debt issuance costs   (111) 0      
Proceeds from exercise of stock options and employee stock purchases   0 40,111 42,973 12,221 1,850
Settlement of convertible note warrants (280,220)     0 0 0
Settlement of convertible debt hedges 314,856     0 0 0
Proceeds from exercise of stock options 0     42,973 12,221 1,850
Proceeds from the purchase of stock in ESPP and other 0     8,059 6,540 5,938
Excess tax benefit from equity-based payment arrangements 0 0 2,082 2,439 1,505 1,214
Purchase of immature shares for minimum tax withholdings 0 0 (3,681) (3,855) (1,741) (1,419)
KCI acquisition financing:            
Proceeds from B1, B2, 2nd lien notes and unsecured notes         0 0
Debt issuance costs – 2011 merger financing 0 0 (14,676) (14,676) 0 0
Purchase of interest rate caps         0 0
First quarter 2011 refinancing of senior credit facility:            
Repayments on senior credit facility - due 2013 0 0 (123,346) (123,346) 0 0
Proceeds from senior credit facility - due 2016 0 0 146,012 146,012 0 0
Net cash provided (used) by financing activities 4,792,031 (11,530) 32,672 28,953 (204,202) (221,417)
Effect of exchange rate changes on cash and cash equivalents (1,925) (720) 3,128 1,018 (1,141) 2,204
Net increase (decrease) in cash and cash equivalents (496,459) 20,322 181,821 395,282 53,446 15,390
Cash and cash equivalents, beginning of period 711,885 215,426 316,603 316,603 263,157 247,767
Cash and cash equivalents, end of period 215,426 235,748 498,424 711,885 316,603 263,157
Cash paid for:            
Interest, including cash paid under interest rate swap agreements   217,272 19,613      
Income taxes, net of refunds 3,700 14,296 84,913 80,300 184,300 91,600
Non-cash investing activities:            
Assets acquired under capital lease   2,442 0      
Acquisition of intangible assets in exchange for settlement of trade receivables   $ 1,490 $ 0