Segment Information

12 Months Ended

Oct. 31, 2011

Segment Information [Abstract]

Segment Information

3. Segment Information (in thousands):

The Company's operations, which are presently based in Minnesota, Alabama and California, are comprised of three operating segments, the surgical business, the microsurgical business and the Ortho & Wound business, with segmentation based upon the similarities of the underlying business operations, products and markets.  The Company evaluates the performance of its operating segments and allocates resources based upon their respective current or future earnings contribution to the consolidated earnings of the Company as well as upon each segment's organizational initiatives and activities in process at that time.  The accounting policies of the reportable segments are the same as those described in the summary of accounting policies.

Operations that are not included in any of the operating segments are included in the category “corporate and other.” The corporate and other segment captures costs that are not directly assignable to one of the operating business segments, primarily the costs of operating a public company and the estimated time of management personnel in support of corporate activities.

The following table presents certain financial information by operating segment as of and for the fiscal year ended October 31:

	2011			2010			2009
Net revenue:
Surgical business	$	63,659		$	55,667		$	49,478
Microsurgical business		15,190			11,020			8,668
Ortho & Wound business		3,514			1,878			65
Consolidated	$	82,363		$	68,565		$	58,211
Operating income (loss):
Surgical business	$	17,807		$	13,848		$	11,129
Microsurgical business		3,514			2,242			1,145
Ortho & Wound business		(5,471	)		(5,851	)		(5,291	)
Corporate and other		(3,488	)		(2,904	)		(2,981	)
Consolidated	$	12,362		$	7,335		$	4,002
Depreciation and amortization:
Surgical business	$	989		$	1,017		$	1,017
Microsurgical business		149			186			288
Ortho & Wound business		750			807			251
Consolidated	$	1,888		$	2,010		$	1,556
Capital expenditures:
Surgical business	$	1,811		$	929		$	1,111
Microsurgical business		22			158			45
Ortho & Wound business		99			15			-
Consolidated	$	1,932		$	1,102		$	1,156
Total assets:
Surgical business	$	20,964		$	17,852		$	16,504
Microsurgical business		5,741			5,087			4,635
Ortho & Wound business		9,394			9,495			8,732
Corporate and other		69,836			65,048			63,849
Consolidated	$	105,935		$	97,482		$	93,720