XML 120 R57.htm IDEA: XBRL DOCUMENT v3.22.4

Segment and Enterprise Reporting - (Tables)

12 Months Ended

Dec. 31, 2022

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

Selected information by reportable segment is presented below for the years ended December 31, 2022, January 1, 2022 and January 2, 2021:

(in millions)			Year Ended December 31, 2022						Year Ended January 1, 2022						Year Ended January 2, 2021
Revenues by segment:
Healthcare			$	1,340.3					$	1,239.2					$	1,143.7
Non-healthcare			695.5						—						—
Total revenue by segment			$	2,035.8					$	1,239.2					$	1,143.7
Gross profit:
Healthcare			$	870.2					$	808.4					$	743.0
Non-healthcare			252.5						—						—
Other(1)			(63.9)						—						—
Gross profit			$	1,058.8					$	808.4					$	743.0

__________________

(1)     Management excludes certain corporate expenses from segment gross profit. In addition, certain amounts that management considers to be non-recurring or non-operational are excluded from segment gross profit because management evaluates the operating results of the segments excluding such items.

The Company’s depreciation and amortization by segment are as follows:

(in millions)			Year Ended December 31, 2022						Year Ended January 1, 2022						Year Ended January 2, 2021
Depreciation and amortization by segment:
Healthcare			$	36.0					$	35.6					$	29.3
Non-healthcare			100.1						—						—
Total depreciation and amortization			$	136.1					$	35.6					$	29.3

The Company’s total assets by segment are as follows:

(in millions)			December 31, 2022						January 1, 2022
Total assets by segment:
Healthcare			$	1,594.1					$	1,866.4
Non-healthcare			1,597.5						—
Corporate overhead			19.0						20.6
Total assets			$	3,210.6					$	1,887.0

The Company’s consolidated long-lived assets (tangible non-current assets) by geographic area are as follows:

(in millions, except percentages)			Year Ended December 31, 2022												Year Ended January 1, 2022												Year Ended January 2, 2021
Long-lived assets by geographic area:
United States			$	319.7					79.1		%				$	239.4					86.9		%				$	238.1					86.9		%
International			84.5						20.9						36.0						13.1						35.7						13.1
Total long-lived assets			$	404.2					100.0		%				$	275.4					100.0		%				$	273.8					100.0		%

The following schedule presents an analysis of the Company’s revenues based upon the geographic area:

(in millions, except percentages)			Year Ended December 31, 2022												Year Ended January 1, 2022												Year Ended January 2, 2021
Geographic area by destination:
United States (U.S.)			$	1,141.7					56.1		%				$	822.4					66.4		%				$	763.1					66.7		%
Europe, Middle East and Africa			523.6						25.7						251.8						20.3						238.7						20.9
Asia and Australia			326.8						16.1						123.6						10.0						103.7						9.1
North and South America (excluding U.S.)			43.7						2.1						41.4						3.3						38.2						3.3
Total revenue			$	2,035.8					100.0		%				$	1,239.2					100.0		%				$	1,143.7					100.0		%

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration