Discontinued Operations

6 Months Ended

Jun. 30, 2016

DiscontinuedOperationsAndDisposalGroupsAbstract

Results of discontinued operations Disclosure

5.Discontinued Operations

Following the sale 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 Company's UnauditedConsolidated Statements of Income for all periods presented. For the three and six months ended June 30, 2016, the Company recorded a lossof $248.7million (net of tax benefit of $100.9million) and $239.2million (net of tax benefit of $95.4million), respectively,primarily related to a provision for a possible civil settlement. For details of the legal provision see Note 21, Legal and other proceedings.

For the three and six months ended June 30, 2015, the Company recorded a loss of $4.5million (net of tax benefit of $2.6million) and $7.0 million (net of tax benefit of $4.0 million), respectively, related to costs associated with the sale.