Invacare 2011 Annual Report Download - page 117
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INVACARE CORPORATION AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
Business Segments—Continued
Net sales by product, are as follows (in thousands):
2011 2010 2009
North America/HME
Lifestyle Products ....................................... $ 302,043 $ 303,798 $ 296,068
Mobility and Seating ..................................... 278,113 288,756 283,214
Respiratory Therapy ..................................... 133,273 111,242 133,821
Other(1) ............................................... 33,353 34,645 33,915
$ 746,782 $ 738,441 $ 747,018
Invacare Supply Group
Distributed ............................................. $ 299,491 $ 297,517 $ 280,295
Institutional Products Group
Continuing Care ........................................ $ 101,889 $ 88,261 $ 89,423
Other(1) ............................................... 22,232 9,158 $ 1,383
$ 124,121 $ 97,419 $ 90,806
Europe
Lifestyle Products ....................................... $ 293,425 $ 289,577 $ 285,253
Mobility and Seating ..................................... 209,732 183,271 185,186
Respiratory Therapy ..................................... 27,866 20,493 17,137
Other(1) ............................................... 13,514 12,728 15,508
$ 544,537 $ 506,069 $ 503,084
Asia/Pacific
Mobility and Seating ..................................... $ 36,483 $ 38,226 $ 31,428
Lifestyle Products ....................................... 20,151 21,216 28,363
Respiratory Therapy ..................................... 682 1,021 626
Other(1) ............................................... 28,883 22,172 11,516
$ 86,199 $ 82,635 $ 71,933
Total Consolidated .......................................... $1,801,130 $1,722,081 $1,693,136
(1) Includes various services, including repair services, equipment rentals and external contracting.
No single customer accounted for more than 3.3% of the company’s sales.
Contingencies
In the ordinary course of its business, the company is a defendant in a number of lawsuits, primarily product
liability actions in which various plaintiffs seek damages for injuries allegedly caused by defective products. All
of the product liability lawsuits have been referred to the company’s captive insurance company and/or excess
insurance carriers and generally are contested vigorously. The coverage territory of the company’s insurance is
worldwide with the exception of those countries with respect to which, at the time the product is sold for use or at
the time a claim is made, the U.S. government has suspended or prohibited diplomatic or trade relations. The
amount recorded for identified contingent liabilities is based on estimates. See Other Long-Term Obligations.
Amounts recorded are reviewed periodically and adjusted to reflect additional technical and legal information
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