XML 22 R15.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Segment And Geographic Information
 3 Months Ended
Aug. 31, 2011
Segment And Geographic Information  
Segment And Geographic Information

NOTE H – SEGMENT AND GEOGRAPHIC INFORMATION

Our business is organized into two reportable segments: Vascular and Oncology/Surgery. The Vascular segment, under the direction of a general manager, is responsible for products targeting the venous intervention, dialysis access, thrombus management and peripheral disease markets and has dedicated research and development and sales and marketing personnel assigned to it. The Oncology /Surgery segment is responsible for RF Ablation, embolization, Habib and NanoKnife product lines and has dedicated research and development and sales and marketing personnel assigned to it.

 

Selected information by reportable segment is presented in the following tables (in thousands):

 

     Three Months Ended      As a Percentage of Net Sales
Three Months Ended		  
     Aug 31,
2011		      Aug 31,
2010		      Aug 31,
2011		     Aug 31,
2010		  

Net sales

           

Vascular

    $ 36,565       $ 35,914        

Oncology/Surgery

      17,866         15,593        
  

 

 

     

 

 

       

Total

    $ 54,431       $ 51,507        
  

 

 

     

 

 

       

Gross profit

           

Vascular

    $ 20,665       $ 20,145         56.5 %      56.1 % 

Oncology/Surgery

      11,481         9,875         64.3 %      63.3 % 
  

 

 

     

 

 

       

Total

    $ 32,146       $ 30,020         59.1 %      58.3 % 
  

 

 

     

 

 

       

Operating income

           

Vascular

    $ 1,823       $ 3,077         5.0 %      8.6 % 

Oncology/Surgery

      894         404         5.0 %      2.6 % 
  

 

 

     

 

 

       

Total

    $ 2,717       $ 3,481         5.0 %      6.8 % 
  

 

 

     

 

 

       

In accordance with accounting policies on disclosure of segment reporting, the internal organization that is used by management for making operating decisions and assessing performance is used as the source of our reportable segments. The accounting policies of the segments are the same as those described in Accounting Policies, Note 1, of our Annual Report on Form 10-K for the fiscal year ended May 31, 2011, filed by us on August 12, 2011. The measure of financial performance and profitability that management uses to evaluate the performance of our business segments are sales, gross profit, and operating income.

Total sales for geographic areas are summarized below (in thousands):

 

     Three Months Ended  
     Aug 31,
2011		      Aug 31,
2010		  

Net Sales by Geography

      

United States

    $ 47,305       $ 45,472   

International

      7,126         6,035   
  

 

 

     

 

 

  

Total

    $ 54,431       $ 51,507