Results of discontinued operations

9 Months Ended

Sep. 30, 2015

DiscontinuedOperationsAndDisposalGroupsAbstract

Results of discontinued operations Disclosure

7.Resultsof discontinued operations

Following the divestment of the Company's DERMAGRAFT business in January 2014, the operating results associated with the DERMAGRAFT business have been classified as discontinued operations in the consolidated statements of income for all periods presented. In the three and nine months to September 30, 2015 the Company recorded a loss, net of tax of $24.3 million and $31.3 million respectively, primarily relating to a change in estimate in relation to reserves for onerous leases retained by the Company. In the three and nine months to September 30, 2014 the Company recorded a loss, net of tax of $36.1 million and $64.0 million, primarily relating to costs associated with the divestment including a loss on re-measuring to fair value the contingent consideration receivable from Organogenesis.