12.
EXTRAORDINARY ITEMS
During
fiscal 2012, the Company recorded an extraordinary gain of
$455 (net of tax expense of $245) as a result of an
insurance settlement relating to inventories damaged in
fiscal 2011 as a result of weather−related water
damage.
During
fiscal 2011, the Company incurred an extraordinary loss of
$838 (net of tax benefit of $617) relating to inventories
damaged as a result of weather−related water damage.
The inventories damaged were predominantly patient bedside
disposables and did not negatively impact the
Company’s service levels with respect to this product
class.
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