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SEGMENTS AND DISAGGREGATED REVENUE
 6 Months Ended
Jun. 27, 2025
Revenue from Contract with Customer [Abstract]  
SEGMENTS AND DISAGGREGATED REVENUE SEGMENTS AND DISAGGREGATED REVENUE
The Company operates as one operating segment. The Company's chief operating decision maker ("CODM") is its Chief Executive Officer, who reviews financial information presented on a consolidated basis. The CODM uses consolidated income from continuing operations to make key operating decisions, including resource allocations and performance assessments. Refer to the Condensed Consolidated Statement of Operations and Comprehensive Income for financial results of the Company’s operating segment.
The following table presents Property, Plant and Equipment (“PP&E”) by geographic area. In these tables, PP&E is aggregated based on the physical location of the tangible long-lived assets (in thousands):
June 27,
2025		December 31,
2024
Long-lived tangible assets by geographic area:
United States$283,119 $260,220 
Ireland158,028 139,889 
Mexico41,190 37,838 
Rest of world29,447 27,851 
Total$511,784 $465,798 
The following table presents sales by product line (in thousands):
 Three Months EndedSix Months Ended
June 27,
2025		June 28,
2024		June 27,
2025		June 28,
2024
Cardio & Vascular$286,855 $231,418 $545,726 $453,269 
Cardiac Rhythm Management & Neuromodulation
171,998 168,061 332,343 324,992 
Other Markets17,641 28,407 35,817 57,421 
Total sales$476,494 $427,886 $913,886 $835,682 
Revenue recognized from products and services transferred to customers over time represented 32% and 33%, respectively, of total revenue for the three and six months ended June 27, 2025, compared to 32% and 33%, respectively, for the three and six months ended June 28, 2024.
The following tables present revenues by significant customers, which are defined as any customer who individually represents 10% or more of total revenues.
Three Months EndedSix Months Ended
June 27,
2025		June 28,
2024		June 27,
2025		June 28,
2024
Customer A21%16%21%15%
Customer B16%17%16%17%
Customer C14%14%14%14%
All other customers49%53%49%54%
The following tables present revenues by significant ship to location, which is defined as any country where 10% or more of total revenues are shipped.
Three Months EndedSix Months Ended
June 27,
2025		June 28,
2024		June 27,
2025		June 28,
2024
United States52%56%52%57%
All other countries48%44%48%43%
(15.)    SEGMENTS AND DISAGGREGATED REVENUE (Continued)
Contract Balances
The opening and closing balances of the Company’s contract assets and contract liabilities are as follows (in thousands):
June 27,
2025		December 31,
2024
Contract assets$103,224 $103,772 
Contract liabilities (included in Accrued expenses and other current liabilities)2,774 4,440 
Contract liabilities (included in Other long-term liabilities)4,228 4,398 
During the three and six months ended June 27, 2025, the Company recognized $0.6 million and $1.8 million, respectively, of revenue that was included in the contract liability balance as of December 31, 2024. During the three and six months ended June 28, 2024, the Company recognized $1.3 million and $2.8 million, respectively, of revenue that was included in the contract liability balance as of December 31, 2023.