Subsequent Events

12 Months Ended

Jun. 30, 2011

Subsequent Events

Subsequent Events

(20) Subsequent Events

Subsequent to year end we have completed the acquisitions of BiancaMed Ltd., Gründler GmbH and our Middle East distributor. BiancaMed Ltd. is an Irish medical technology company which has developed and is marketing an innovative, convenient, non-contact device to monitor sleep and breathing in the home and hospital. Gründler GmbH is a developer of innovative medical humidification products which can be used with a wide range of ventilators, from neonatal and pediatric, to non-invasive pressure support, to those used in the intensive care unit. We expect these acquisitions to help us further penetrate the market for sleep-disordered breathing, as well as serve existing patients. The aggregate purchase price for these acquisitions was approximately $70 million. We do not consider these acquisitions material and will include them within our consolidated financial statements from the date each business was acquired. We have not yet completed the fair value assessment of the purchase price allocation of these acquisitions, because the appraisals associated with the valuation of certain tangible and intangible assets are not yet complete. We have not incurred any material acquisition-related costs and expect to complete our purchase price allocation in the six months ended December 31, 2011.