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v2.3.0.11

Segment information | 12 Months Ended
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Jun. 30, 2011
Segment information | M. Segment information: The Company has two reportable segments based on the nature of its products. As a result of the above acquisitions, the Company has changed the presentation of its segment disclosure from three segments (biotechnology, R&D Europe and hematology) to two segments (biotechnology and hematology). R&D Systems’ Biotechnology Division, R&D Europe, Tocris, R&D China, BiosPacific and Boston Biochem operating segments are included in the biotechnology reporting segment. The Company’s biotechnology reporting segment develops, manufactures and sells biotechnology research and diagnostic products world-wide. The Company’s hematology reporting segment, which consists of R&D Systems’ Hematology Division, develops and manufactures hematology controls and calibrators for sale world-wide. Corresponding items of segment information have been revised for prior periods to conform to the current year presentation. No customer of either segment accounted for more than 10% of the Company’s consolidated net sales for the years ended June 30, 2011, 2010 and 2009. The accounting policies of the segments are the same as those described in Note A. In evaluating segment performance, management focuses on sales and earnings before taxes. Following is financial information relating to the operating segments (in thousands):
|  | Year Ended June 30, |
|  | 2011 |  |  | 2010 |  |  | 2009 |
External sales |  |  |  |  |  |  |  |  |  |  |  |
Biotechnology |  | $ | 270,287 |  |  | $ | 250,653 |  |  | $ | 246,454 |
Hematology |  |  | 19,675 |  |  |  | 18,394 |  |  |  | 17,502 |
Consolidated net sales |  | $ | 289,962 |  |  | $ | 269,047 |  |  | $ | 263,956 |
Earnings before taxes |  |  |  |  |  |  |  |  |  |  |  |
Biotechnology |  | $ | 164,332 |  |  | $ | 155,989 |  |  | $ | 156,039 |
Hematology |  |  | 7,222 |  |  |  | 6,869 |  |  |  | 6,143 |
Segment earnings before taxes |  |  | 171,554 |  |  |  | 162,858 |  |  |  | 162,182 |
Other |  |  | (6,573 | ) |  |  | (6,412 | ) |  |  | (6,819 | )
Consolidated earnings before taxes |  | $ | 164,981 |  |  | $ | 156,446 |  |  | $ | 155,363 |
Goodwill |  |  |  |  |  |  |  |  |  |  |  |
Biotechnology |  | $ | 86,633 |  |  | $ | 25,068 |  |  | $ | 25,068 |
Hematology |  |  | 0 |  |  |  | 0 |  |  |  | 0 |
Consolidated goodwill |  | $ | 86,633 |  |  | $ | 25,068 |  |  | $ | 25,068 |
Intangible assets, net |  |  |  |  |  |  |  |  |  |  |  |
Biotechnology |  | $ | 52,282 |  |  | $ | 2,044 |  |  | $ | 3,004 |
Hematology |  |  | 0 |  |  |  | 0 |  |  |  | 0 |
Consolidated intangible assets, net |  | $ | 52,282 |  |  | $ | 2,044 |  |  | $ | 3,004 |
Assets |  |  |  |  |  |  |  |  |  |  |  |
Biotechnology |  | $ | 505,087 |  |  | $ | 400,112 |  |  | $ | 355,445 |
Hematology |  |  | 21,046 |  |  |  | 18,543 |  |  |  | 15,804 |
Segment assets |  |  | 526,133 |  |  |  | 418,655 |  |  |  | 371,249 |
Other |  |  | 91,537 |  |  |  | 100,161 |  |  |  | 100,756 |
Consolidated assets |  | $ | 617,670 |  |  | $ | 518,816 |  |  | $ | 472,005 |
Depreciation and amortization |  |  |  |  |  |  |  |  |  |  |  |
Biotechnology |  | $ | 7,165 |  |  | $ | 5,411 |  |  | $ | 4,502 |
Hematology |  |  | 417 |  |  |  | 340 |  |  |  | 229 |
Segment depreciation and amortization |  |  | 7,582 |  |  |  | 5,751 |  |  |  | 4,731 |
Other |  |  | 1,118 |  |  |  | 2,379 |  |  |  | 3,035 |
Consolidated depreciation and amortization |  | $ | 8,700 |  |  | $ | 8,130 |  |  | $ | 7,766 |
Capital purchases |  |  |  |  |  |  |  |  |  |  |  |
Biotechnology |  | $ | 2,707 |  |  | $ | 3,885 |  |  | $ | 3,501 |
Hematology |  |  | 149 |  |  |  | 208 |  |  |  | 94 |
Segment capital purchases |  |  | 2,856 |  |  |  | 4,093 |  |  |  | 3,595 |
Other |  |  | 774 |  |  |  | 551 |  |  |  | 2,961 |
Consolidated capital purchases |  | $ | 3,630 |  |  | $ | 4,644 |  |  | $ | 6,556 |
The other reconciling items include the results of unallocated corporate expenses and assets, and the Company’s share of losses from its equity method investees. Following is financial information relating to geographic areas (in thousands):
|  | Year Ended June 30, |
|  | 2011 |  |  | 2010 |  |  | 2009 |
External sales |  |  |  |  |  |  |  |  |  |  |  |
United States |  | $ | 159,857 |  |  | $ | 148,137 |  |  | $ | 147,271 |
Europe |  |  | 83,676 |  |  |  | 78,496 |  |  |  | 79,381 |
China |  |  | 8,299 |  |  |  | 6,792 |  |  |  | 5,645 |
Other |  |  | 38,130 |  |  |  | 35,622 |  |  |  | 31,659 |
Total external sales |  | $ | 289,962 |  |  | $ | 269,047 |  |  | $ | 263,956 |
Long-lived assets |  |  |  |  |  |  |  |  |  |  |  |
United States |  | $ | 88,802 |  |  | $ | 91,554 |  |  | $ | 93,571 |
Europe |  |  | 7,819 |  |  |  | 6,299 |  |  |  | 7,214 |
China |  |  | 96 |  |  |  | 70 |  |  |  | 98 |
Total long-lived assets |  | $ | 96,717 |  |  | $ | 97,923 |  |  | $ | 100,883 |
External sales are attributed to countries based on the location of the customer/distributor. Long-lived assets are comprised of land, buildings and improvements and equipment, net of accumulated depreciation and other assets.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8595-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8538-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8864-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8984-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 131 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8844-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599 Reference 15: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599 + Details
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