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Consolidated Statements of Operations and Comprehensive Income (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
May 31, 2013
May 31, 2012
May 31, 2011
Net sales $ 3,052.9 [1],[2] $ 2,838.1 [1],[2] $ 2,732.2 [1],[2]
Cost of sales 873.4 [1] 775.5 [1] 724.2 [1]
Gross profit 2,179.5 [1] 2,062.6 [1] 2,008.0 [1]
Selling, general and administrative expense 1,312.5 [1] 1,172.2 [1] 1,156.2 [1]
Research and development expense 150.3 [1] 126.8 [1] 119.4 [1]
Amortization 313.8 [1] 327.2 [1] 367.9 [1]
Goodwill impairment charge 473.0 [1] 291.9 [1] 422.8 [1]
Intangible assets impairment charge 94.4 [1] 237.9 [1] 518.6 [1]
Operating income (loss) (164.5) [1] (93.4) [1] (576.9) [1]
Interest expense 398.8 [1] 479.8 [1] 498.9 [1]
Other (income) expense 177.8 [1] 17.6 [1] (11.2) [1]
Other expense, net 576.6 [1] 497.4 [1] 487.7 [1]
Loss before income taxes (741.1) [1] (590.8) [1] (1,064.6) [1]
Benefit from income taxes (117.7) [1] (132.0) [1] (214.8) [1]
Net loss (623.4) [1] (458.8) [1] (849.8) [1]
Other comprehensive income (loss), net of tax:      
Change in unrealized holding value on available for sale securities 3.3 [1] 4.3 [1] (6.0) [1]
Interest rate swap unrealized gain 13.1 [1] 13.1 [1] 19.5 [1]
Foreign currency related gains (losses) (138.2) [1] (62.1) [1] 264.4 [1]
Unrecognized actuarial gains (losses) (7.0) [1] (4.2) [1] 4.5 [1]
Total other comprehensive income (loss) (128.8) [1] (48.9) [1] 282.4 [1]
Comprehensive loss (752.2) [1] (507.7) [1] (567.4) [1]
Earnings (loss) per share—basic $ (1.13) [1] $ (0.83) [1] $ (1.54) [1]
Earnings (loss) per share—diluted $ (1.13) [1] $ (0.83) [1] $ (1.54) [1]
Weighted average common shares outstanding, basic (in shares) 551.8 [1] 551.9 [1] 552.1 [1]
Weighted average common shares outstanding, diluted (in shares) 551.8 [1] 551.9 [1] 552.1 [1]
Biomet, Inc. [Member]
     
Net sales 3,052.9 [1] 2,838.1 [1] 2,732.2 [1]
Cost of sales 873.4 [1] 775.5 [1] 724.2 [1]
Gross profit 2,179.5 [1] 2,062.6 [1] 2,008.0 [1]
Selling, general and administrative expense 1,312.5 [1] 1,172.2 [1] 1,156.2 [1]
Research and development expense 150.3 [1] 126.8 [1] 119.4 [1]
Amortization 313.8 [1] 327.2 [1] 367.9 [1]
Goodwill impairment charge 473.0 [1] 291.9 [1] 422.8 [1]
Intangible assets impairment charge 94.4 [1] 237.9 [1] 518.6 [1]
Operating income (loss) (164.5) [1] (93.4) [1] (576.9) [1]
Interest expense 398.8 [1] 479.8 [1] 498.9 [1]
Other (income) expense 177.8 [1] 17.6 [1] (11.2) [1]
Other expense, net 576.6 [1] 497.4 [1] 487.7 [1]
Loss before income taxes (741.1) [1] (590.8) [1] (1,064.6) [1]
Benefit from income taxes (117.7) [1] (132.0) [1] (214.8) [1]
Net loss (623.4) [1] (458.8) [1] (849.8) [1]
Other comprehensive income (loss), net of tax:      
Change in unrealized holding value on available for sale securities 3.3 [1] 4.3 [1] (6.0) [1]
Interest rate swap unrealized gain 13.1 [1] 13.1 [1] 19.5 [1]
Foreign currency related gains (losses) (138.2) [1] (62.1) [1] 264.4 [1]
Unrecognized actuarial gains (losses) (7.0) [1] (4.2) [1] 4.5 [1]
Total other comprehensive income (loss) (128.8) [1] (48.9) [1] 282.4 [1]
Comprehensive loss $ (752.2) [1] $ (507.7) [1] $ (567.4) [1]
[1] Certain amounts have been reclassified to conform to the current presentation. See Note 1 to the consolidated financial statements for a description of the reclassification.
[2] Certain amounts have been adjusted to conform to the current presentation. The current presentation aligns with how the Company presently manages and markets its products.