Note 15 - Segment and Geographic Information

6 Months Ended

Nov. 30, 2012

Segment Reporting Disclosure [Text Block]

15.   SEGMENT AND GEOGRAPHIC INFORMATION

The Company’s operations and segments are organized around geographic areas. The foreign locations principally function as distributors of products primarily developed and manufactured by the Company in North America. The accounting policies applied in the preparation of the Company’s consolidated financial statements are applied consistently across all segments. Intersegment sales are recorded at market price and are eliminated in consolidation.

Net sales by product group, segment information and net export sales for the three months ended November 30, 2012 and 2011 as well as for the six months ended November 30, 2012 and for the six months ended November 30, 2011, separated into Predecessor and Successor periods, is summarized below (in thousands):

Net Sales

	Quarter Ended November 30, 2012		Quarter Ended November 30, 2011
Sales by product group
Traditional reagents	$	45,996	$	47,696
Capture reagents		20,799		22,393
Instruments		13,567		11,458
Molecular immunohematology		1,694		1,488
Net sales	$	82,056	$	83,035

			Successor		Predecessor
	Six Months Ended November 30, 2012		August 20, 2011 Through November 30, 2011		June 1, 2011 Through August 19, 2011
Sales by product group
Traditional reagents	$	93,042	$	53,991	$	42,936
Capture reagents		45,112		25,648		21,239
Instruments		25,777		13,077		9,457
Molecular immunohematology		3,279		1,709		1,278
Net sales	$	167,210	$	94,425	$	74,910

Segment Information for the Quarter

	For the Quarter Ended November 30, 2012
	U.S.		Europe		Other		Elims			Consolidated
Sales:
Unaffiliated customers	$	56,069	$	17,229	$	8,758	$	-		$	82,056
Affiliates		6,847		4,317		79		(11,243	)		-
Net Sales	$	62,916	$	21,546	$	8,837	$	(11,243	)	$	82,056
Income from operations	$	5,629	$	2,158	$	512	$	-		$	8,299

	For the Quarter Ended November 30, 2011
	U.S.			Europe			Other		Elims			Consolidated
Sales:
Unaffiliated customers	$	56,465		$	18,249		$	8,321	$	-		$	83,035
Affiliates		4,052			3,790			124		(7,966	)		-
Net Sales	$	60,517		$	22,039		$	8,445	$	(7,966	)	$	83,035
(Loss) income from operations	$	(23,849	)	$	(1,287	)	$	423	$	-		$	(24,713	)

	For the Six Months Ended November 30, 2012
	U.S.		Europe		Other		Elims			Consolidated
Sales:
Unaffiliated customers	$	115,615	$	33,561	$	18,034	$	-		$	167,210
Affiliates		13,246		8,190		204		(21,640	)		-
Net Sales	$	128,861	$	41,751	$	18,238	$	(21,640	)	$	167,210
Income (loss) from operations	$	15,594	$	4,557	$	2,090	$	-		$	22,241

	Successor
	August 20, 2011 through November 30, 2011
	U.S.			Europe			Other		Elims			Consolidated
Sales:
Unaffiliated customers	$	63,995		$	20,943		$	9,487	$	-		$	94,425
Affiliates		4,426			4,300			124		(8,850	)		-
Net Sales	$	68,421		$	25,243		$	9,611	$	(8,850	)	$	94,425
(Loss) income from operations	$	(24,668	)	$	(1,056	)	$	459	$	-		$	(25,265	)

	Predecessor
	June 1, 2011 through August 19, 2011
	U.S.			Europe		Other		Elims			Consolidated
Sales:
Unaffiliated customers	$	52,364		$	15,100	$	7,446	$	-		$	74,910
Affiliates		3,679			3,992		110		(7,781	)		-
Net Sales	$	56,043		$	19,092	$	7,556	$	(7,781	)	$	74,910
(Loss) income from operations	$	(10,298	)	$	1,619	$	2,171	$	-		$	(6,508	)

Net Export Sales

	Quarter Ended Ended November 30, 2012		Quarter Ended Ended November 30, 2011
United States	$	2,347	$	1,593
Europe		2,030		1,962
Other		812		574
Total net export sales	$	5,189	$	4,129

			Successor		Predecessor
	Six Months Ended November 30, 2012		August 20, 2011 through November 30, 2011		June 1, 2011 through August 19, 2011
United States	$	5,888	$	1,751	$	1,417
Europe		3,492		2,181		964
Other		1,640		633		526
Total net export sales	$	11,020	$	4,565	$	2,907