This excerpt taken from the BEC 10-K filed Feb 29, 2008.
1. Nature of Business and Summary of Significant Accounting PoliciesSTYLE="margin-top:6px;margin-bottom:0px">Nature of Business
Beckman Coulter, Inc. (the
Our revenue is evenly distributed inside and outside of the United States
SIZE="2">Principles of Consolidation
The Consolidated Financial Statements include the accounts of the Company, its wholly owned
ending November 30 in order to facilitate timely consolidation. This one-month reporting lag was eliminated at the beginning of 2005 as it was no longer required to achieve a timely consolidation. The December 2004 net loss of $3.1 million for
these subsidiaries, was recorded as an adjustment to retained earnings on January 1, 2005.