XML 102 R46.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Leases (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Leases [Abstract] |
Schedule of Consolidated Balance Sheet Information and Supplemental Information | The following was included in our consolidated balance sheet as of December 31, 2024 and 2023 (in thousands):
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2024 |  | 2023
Assets |  | ​ |  |  | ​ |
ROU operating lease assets | ​ | $ | 65,508 | ​ | $ | 63,047
​ | ​ | ​ | ​ | ​ | ​ | ​
Liabilities | ​ |  |  | ​ |  |
Short-term operating lease liabilities | ​ | $ | 10,331 | ​ | $ | 12,087
Long-term operating lease liabilities | ​ |  | 54,783 | ​ |  | 56,259
Total operating lease liabilities | ​ | $ | 65,114 | ​ | $ | 68,346
Components of Lease Costs | We recognize lease expense for operating leases on a straight-line basis over the term of the lease. Net lease cost for the years ended December 31, 2024, 2023 and 2022 was $15.4 million, $14.4 million, and $13.8 million, respectively. The components of lease costs for the years ended December 31, 2024, 2023 and 2022 were as follows, in thousands:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  |  |  | ​ | ​ | ​ |  | ​
Lease Cost | ​ | Classification | ​ | 2024 | ​ | 2023 | ​ | 2022
Operating lease cost (a) |  | Selling, general and administrative expenses | ​ | $ | 15,885 | ​ | $ | 14,879 | ​ | $ | 14,219
Sublease (income) (b) |  | Selling, general and administrative expenses | ​ |  | (462) | ​ |  | (488) | ​ |  | (409)
Net lease cost |  |  | ​ | $ | 15,423 | ​ | $ | 14,391 | ​ | $ | 13,810
​
(a) | Includes expense related to short-term leases and variable payments, which were not significant.
(b) | Does not include rental revenue from leases of hardware consoles to customers, which was not significant.
Supplemental cash flow information for the years ended December 31, 2024, 2023 and 2022 was as follows, in thousands:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | 2024 | ​ | 2023 | ​ | 2022
Cash paid for amounts included in the measurement of lease liabilities | ​ | $ | 14,529 | ​ | $ | 13,804 | ​ | $ | 13,710
Right-of-use assets obtained in exchange for lease obligations | ​ | $ | 9,947 | ​ | $ | 8,891 | ​ | $ | 11,130
​ Generally, our lease agreements do not specify an implicit rate. Therefore, we estimate our incremental borrowing rate, which is defined as the interest rate we would pay to borrow on a collateralized basis, considering such factors as length of lease term and the risks of the economic environment in which the leased asset operates. As of December 31, 2024, 2023 and 2022, our lease agreements had the following remaining lease term and discount rates:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ | 2024 | ​ | ​ | 2023 | ​ | ​ | 2022
Weighted average remaining lease term |  | ​ | 9.6 years | ​ | ​ | 9.6 years | ​ | ​ | 10.4 years
Weighted average discount rate |  | ​ | 3.5% | ​ | ​ | 3.4% | ​ | ​ | 3.4%
Maturities of Operating Lease Liabilities | As of December 31, 2024, maturities of operating lease liabilities were as follows, in thousands:
​ | ​ | ​ | ​
Year ending December 31, |  | Amounts due under operating leases
2025 | ​ | $ | 11,915
2026 | ​ |  | 10,067
2027 | ​ |  | 8,726
2028 | ​ |  | 6,948
2029 | ​ |  | 6,258
Thereafter | ​ |  | 32,692
Total lease payments | ​ |  | 76,606
Less: Imputed interest | ​ |  | (11,492)
Total | ​ | $ | 65,114
​

X
- Definition Assets And Liabilities, Lessee [Table Text Block] + References No definition available. + Details
Name: | mmsi_AssetsAndLiabilitiesLesseeTableTextBlock
Namespace Prefix: | mmsi_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-4 + Details
Name: | us-gaap_LeaseCostTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-6 + Details
Name: | us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration