Net gain on sale of vascular operations (Tables)

12 Months Ended

Dec. 31, 2012

Text Block [Abstract]

Schedule of Information Related to Sale of Vascular Operation

The following table presents the value of the asset disposition, cash proceeds received, net of litigation settlement costs and the net gain on sale of vascular operations as shown in the consolidated statements of operations for the year ended December 31, 2010.

(U.S. Dollars, in thousands)	Total
Cash proceeds, net of litigation (1)	$	24,215
Less:
Transaction related expenses		2,253
Inventory and property, plant and equipment		2,369
Goodwill and intangible assets		7,574
Net gain on sale of vascular operations		12,019
Income tax expense		(3,498	)
Net gain on sale of vascular operations, net of taxes	$	8,521

(1) In conjunction with the sale of the vascular operations, the Company settled an outstanding litigation claim by the former patent holders for $3.5 million.