Invacare 2013 Annual Report Download - page 117

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INVACARE CORPORATION AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS-(Continued)
FS-43
2013 2012 2011
Long-lived assets
North America/HME (2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 60,309 $ 62,853 $ 68,190
Institutional Products Group (2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 68,189 93,184 95,010
Europe . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 506,329 493,446 518,382
Asia/Pacific (2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5,238 8,034 10,896
All Other (1). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36,830 36,828 35,361
Assets held for sale . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . — — 24,445
Consolidated . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 676,895 $ 694,345 $ 752,284
Expenditures for assets
North America/HME . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 4,906 $ 6,959 $ 9,189
Institutional Products Group . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,435 5,376 3,555
Europe . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,809 4,604 4,876
Asia/Pacific . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 830 2,439 3,480
All Other (1). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 50 — 214
Discontinued Operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 128 713 846
Consolidated . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 14,158 $ 20,091 $ 22,160
________________________
(1) Consists of un-allocated corporate SG&A costs and intercompany profits, which do not meet the quantitative criteria for
determining reportable segments. In addition, the “All Other” earnings (loss) before income taxes includes loss on debt
extinguishment including debt finance charges, interest and fees.
(2) IPG and North America/HME assets and long-lived assets include decreases of $1,356,000 and $167,000, respectively, due
to intangible asset impairment write-offs in 2013. The 2012 IPG and North America/HME assets and long-lived assets decrease
include a decrease of $677,000 and $96,000 related to intangible asset impairment write-offs in 2012. The 2011 Asia/Pacific
assets and long-lived assets decrease include decreases of $39,729,000 and $201,000 due to goodwill and intangible asset
write-offs, respectively. North America/HME assets and long-lived assets include decreases of $7,990,000 and $508,000 due
to the goodwill and intangible asset impairment write-offs, respectively, in 2011. IPG long-lived assets decreased by $625,000
related to an intangible impairment write-off in 2011. Europe long-lived assets decreased by $427,000 related to an indefinite-
lived trademark impairment in 2011.