Segment Reporting
9 Months Ended
Feb. 28, 2014
Segment Reporting [Abstract]  
Segment Reporting
Segment Reporting.
The Company operates in one reportable segment, musculoskeletal products, which includes the designing, manufacturing and marketing of knees; hips; sports, extremities and trauma (“S.E.T.”); spine, bone healing and microfixation; dental; and cement, biologics and other products. Other products consist primarily of general instruments and operating room supplies. The Company operates in various geographies. These geographic markets are comprised of the United States, Europe and International. Major markets included in the International geographic market are Canada, Latin America and the Asia Pacific region.
Net sales by product category for the three and nine months ended February 28, 2014 and 2013 were as follows:
 
 
Three Months Ended
 
Nine Months Ended
(in millions)
February 28, 2014
 
February 28, 2013(1)
 
February 28, 2014
 
February 28, 2013(1)
Net sales by product:
 
 
 
 
 
 
 
Knees
$
254.2

 
$
234.7

 
$
743.3

 
$
699.8

Hips
162.9

 
158.5

 
480.3

 
469.5

S.E.T.
169.0

 
161.4

 
478.8

 
440.9

Spine, Bone Healing and Microfixation
115.9

 
99.6

 
322.4

 
311.0

Dental
64.4

 
64.4

 
188.8

 
188.5

Cement, Biologics and Other
56.1

 
52.9

 
165.3

 
159.3

Total
$
822.5

 
$
771.5

 
$
2,378.9

 
$
2,269.0


(1)
Certain amounts have been adjusted to conform to the current presentation. The current presentation aligns with how the Company presently manages and markets its products.
Net sales by geography for the three and nine months ended February 28, 2014 and 2013 were as follows:
 
 
Three Months Ended
 
Nine Months Ended
(in millions)
February 28, 2014
 
February 28, 2013
 
February 28, 2014
 
February 28, 2013
Net sales by geography:
 
 
 
 
 
 
 
United States
$
508.9

 
$
472.9

 
$
1,471.9

 
$
1,395.9

Europe
199.8

 
184.7

 
563.1

 
521.5

International(1)
113.8

 
113.9

 
343.9

 
351.6

Total
$
822.5

 
$
771.5

 
$
2,378.9

 
$
2,269.0


(1)
International primarily includes Canada, Latin America and the Asia Pacific region.
Long-term assets by geography as of February 28, 2014 and May 31, 2013 were as follows:
 
(in millions)
February 28, 2014
 
May 31, 2013
Long-term assets(1) by geography:
 
 
 
United States
$
369.3

 
$
336.8

Europe
247.9

 
255.7

International
73.7

 
72.7

Total
$
690.9

 
$
665.2


(1)
Defined as property, plant and equipment.