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Note 3 - Related Party Transactions
3 Months Ended
Aug. 31, 2013
Related Party Transactions [Abstract]  
Related Party Transactions Disclosure [Text Block]

3.     RELATED PARTY TRANSACTIONS


In connection with the acquisition of Immucor in the first quarter of fiscal 2012, the Company entered into a management services agreement with TPG Capital, L.P. (the “Sponsor”) pursuant to which the Sponsor receives an aggregate annual monitoring fee of approximately $3.0 million.  In the three months ended August 31, 2013, and August 31, 2012, approximately $1.0 million, and $1.1 million, respectively, was recorded for monitoring fees, additional services provided by the Sponsor, and out-of-pocket expenses. These expenses are included in general and administrative expenses in the consolidated statements of operations. As of August 31, 2013 and May 31, 2013, the Company owed $0.8 million and $0.6 million, respectively, to the Sponsor for these fees.