XML 63 R36.htm IDEA: XBRL DOCUMENT
v2.4.0.6

Business Segment Information (Tables) | 6 Months Ended
--- | ---
Jul. 01, 2012
Schedule Of Segment Results | The following tables present the Company’s segment results for the three and six months ended July 1, 2012 and June 26, 2011:
|  | Three Months Ended July 1, 2012 |
Segment Results |  | North America |  |  | EMEA |  |  | AJLA |  |  | OEM |  |  | Totals |
|  | (Dollars in thousands) |
Segment net revenues from external customers |  | $ | 160,357 |  |  | $ | 126,898 |  |  | $ | 60,097 |  |  | $ | 35,980 |  |  | $ | 383,332 |
Segment depreciation and amortization |  |  | 14,963 |  |  |  | 5,346 |  |  |  | 1,411 |  |  |  | 1,059 |  |  |  | 22,779 |
Segment operating profit(1) |  |  | 21,463 |  |  |  | 19,921 |  |  |  | 15,060 |  |  |  | 8,267 |  |  |  | 64,711 |
Segment expenditures for property, plant and equipment |  |  | 7,602 |  |  |  | 3,677 |  |  |  | 231 |  |  |  | 3,292 |  |  |  | 14,802 |
Intersegment revenues |  |  | 35,738 |  |  |  | 17,533 |  |  |  | 138 |  |  |  | 150 |  |  |  |  |
|  | Three Months Ended June 26, 2011 |
Segment Results |  | North America |  |  | EMEA |  |  | AJLA |  |  | OEM |  |  | Totals |
|  | (Dollars in thousands) |
Segment net revenues from external customers |  | $ | 156,516 |  |  | $ | 137,761 |  |  | $ | 54,693 |  |  | $ | 32,198 |  |  | $ | 381,168 |
Segment depreciation and amortization |  |  | 15,968 |  |  |  | 6,034 |  |  |  | 1,444 |  |  |  | 957 |  |  |  | 24,403 |
Segment operating profit(1) |  |  | 17,329 |  |  |  | 18,268 |  |  |  | 17,286 |  |  |  | 6,175 |  |  |  | 59,058 |
Segment expenditures for property, plant and equipment |  |  | 5,119 |  |  |  | 2,570 |  |  |  | 338 |  |  |  | 1,175 |  |  |  | 9,202 |
Intersegment revenues |  |  | 39,783 |  |  |  | 17,452 |  |  |  | 82 |  |  |  | 104 |  |  |  |  |
|  | Six Months Ended July 1, 2012 |
Segment Results |  | North America |  |  | EMEA |  |  | AJLA |  |  | OEM |  |  | Totals |
|  | (Dollars in thousands) |
Segment net revenues from external customers |  | $ | 327,665 |  |  | $ | 261,498 |  |  | $ | 107,085 |  |  | $ | 67,651 |  |  | $ | 763,899 |
Segment depreciation and amortization |  |  | 29,813 |  |  |  | 10,847 |  |  |  | 2,824 |  |  |  | 1,964 |  |  |  | 45,448 |
Segment operating profit(1) |  |  | 44,066 |  |  |  | 41,388 |  |  |  | 26,215 |  |  |  | 13,467 |  |  |  | 125,136 |
Segment assets |  |  | 1,788,813 |  |  |  | 746,878 |  |  |  | 252,534 |  |  |  | 37,681 |  |  |  | 2,825,906 |
Segment expenditures for property, plant and equipment |  |  | 11,441 |  |  |  | 6,372 |  |  |  | 238 |  |  |  | 6,493 |  |  |  | 24,544 |
Intersegment revenues |  |  | 75,302 |  |  |  | 35,099 |  |  |  | 386 |  |  |  | 288 |  |  |  |  |
|  | Six Months Ended June 26, 2011 |
Segment Results |  | North America |  |  | EMEA |  |  | AJLA |  |  | OEM |  |  | Totals |
|  | (Dollars in thousands) |
Segment net revenues from external customers |  | $ | 309,240 |  |  | $ | 263,211 |  |  | $ | 96,726 |  |  | $ | 57,572 |  |  | $ | 726,749 |
Segment depreciation and amortization |  |  | 31,924 |  |  |  | 11,660 |  |  |  | 2,925 |  |  |  | 1,834 |  |  |  | 48,343 |
Segment operating profit(1) |  |  | 37,458 |  |  |  | 35,060 |  |  |  | 27,033 |  |  |  | 8,813 |  |  |  | 108,364 |
Segment assets |  |  | 2,035,206 |  |  |  | 854,504 |  |  |  | 248,330 |  |  |  | 83,240 |  |  |  | 3,221,280 |
Segment expenditures for property, plant and equipment |  |  | 8,540 |  |  |  | 3,984 |  |  |  | 387 |  |  |  | 2,067 |  |  |  | 14,978 |
Intersegment revenues |  |  | 74,008 |  |  |  | 31,511 |  |  |  | 165 |  |  |  | 233 |  |  |  |  |
(1) | Segment operating profit includes a segment’s net revenues from external customers reduced by its cost of goods sold, selling, general and administrative expenses, and an allocation of corporate expenses. Segment operating profit excludes goodwill impairment charges, restructuring and impairment charges, gain on sales of business and assets, interest income and expense, loss on extinguishment of debt and taxes on income.
Schedule Of Reconciliation Of Segment Operating Profit To Income From Continuing Operations Before Interest | The following tables present reconciliations of segment results to the Company’s condensed consolidated results for the three and six months ended July 1, 2012 and June 26, 2011:
|  | Three Months Ended |  |  | Six Months Ended |
| July 1, 2012 |  |  | June 26, 2011 |  |  | July 1, 2012 |  |  | June 26, 2011 |
|  | (Dollars in thousands) |
Reconciliation of Segment Operating Profit to Income from Continuing Operations Before Interest, Loss on Extinguishments of Debt and Taxes |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Segment operating profit |  | $ | 64,711 |  |  | $ | 59,058 |  |  | $ | 125,136 |  |  | $ | 108,364 |
Goodwill impairment |  |  | — |  |  |  | — |  |  |  | (332,128 | ) |  |  | — |
Restructuring and other impairment charges |  |  | (321 | ) |  |  | (3,176 | ) |  |  | 1,004 |  |  |  | (3,771 | )
Gain on sales of businesses and assets |  |  | 332 |  |  |  | — |  |  |  | 332 |  |  |  | — |
Income (loss) from continuing operations before interest, loss on extinguishments of debt and taxes |  | $ | 64,722 |  |  | $ | 55,882 |  |  | $ | (205,656 | ) |  | $ | 104,593 |
Schedule Of Reconciliation Of Segment Assets To Condensed Consolidated Total Assets |
|  | July 1, 2012 |  |  | June 26, 2011 |
|  | (Dollars in thousands) |
Reconciliation of Segment Assets to Condensed Consolidated Total Assets |  |  |  |  |  |  |  |
Segment assets(1) |  | $ | 2,825,906 |  |  | $ | 3,221,280 |
Corporate assets(2) |  |  | 727,026 |  |  |  | 541,492 |
Assets of businesses divested(3) |  |  | — |  |  |  | 103,401 |
Assets held for sale |  |  | 53,890 |  |  |  | 12,059 |
Total assets |  | $ | 3,606,822 |  |  | $ | 3,878,232 |
(1) | Segment assets for the 2011 period include assets of the orthopedic business of the Company’s OEM Segment, which as July 1, 2012 are classified as held for sale.
(2) | Increase in corporate assets from the prior period reflects higher cash balances as a result of the sale of businesses during the fourth quarter of 2011.
(3) | Assets of businesses divested were previously reported as assets held for sale in 2011.
Schedule Of Reconciliation Of Segment Expenditures For Property, Plant And Equipment To Condensed Consolidated Total Expenditures For Property, Plant And Equipment |
|  | Three Months Ended |  |  | Six Months Ended |
| July 1, 2012 |  |  | June 26, 2011 |  |  | July 1, 2012 |  |  | June 26, 2011 |
|  | (Dollars in thousands) |
Reconciliation of Segment Expenditures for Property, Plant and Equipment to Condensed Consolidated Total Expenditures for Property, Plant and Equipment |  |  |  |
Segment expenditures for property, plant and equipment |  | $ | 14,802 |  |  | $ | 9,202 |  |  | $ | 24,544 |  |  | $ | 14,978 |
Corporate expenditures for property, plant and equipment |  |  | 761 |  |  |  | 90 |  |  |  | 4,349 |  |  |  | 154 |
Total expenditures for property, plant and equipment |  | $ | 15,563 |  |  | $ | 9,292 |  |  | $ | 28,893 |  |  | $ | 15,132 |

X
- Definition Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets. + References Reference 1: 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 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 131 -Paragraph 32 -Subparagraph c -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. + Details
Name: | us-gaap_ReconciliationOfAssetsFromSegmentToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of all significant reconciling items in the reconciliation of total profit or loss from reportable segments, to the entity's consolidated income before income taxes, extraordinary items, and discontinued operations. + References Reference 1: 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 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 131 -Paragraph 32 -Subparagraph b -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. + Details
Name: | us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of each significant reconciling item, other than profit (loss), revenues, or assets, in the reconciliation of totals of such items in reportable segments to the entity's corresponding consolidated amount. + References Reference 1: 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 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 131 -Paragraph 32 -Subparagraph d -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. + Details
Name: | us-gaap_ReconciliationOfOtherSignificantReconcilingItemsFromSegmentsToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: 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 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 1 -Article 5 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 131 -Paragraph 38 -Subparagraph b(1) -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. + Details
Name: | us-gaap_ScheduleOfRevenuesFromExternalCustomersAndLongLivedAssetsByGeographicalAreasTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration