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Derivatives and Risk Management (Tables) | 6 Months Ended
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Jun. 30, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Fair Value of Derivative Instruments in Statement of Financial Position | The following tables present the fair value and the location of derivative contracts reported on the condensed consolidated balance sheets (in thousands):
|  | Derivative Assets |  | Derivative Liabilities
June 30, 2025 |  | Balance Sheet Location |  | Fair Value (1) |  | Balance Sheet Location |  | Fair Value (1)
Derivatives Not Designated as Hedging Instruments:
Capped call derivatives (2025 Notes) |  | Prepaid expenses and other current assets |  | $ | 1,303 |  |  |  |  |
Capped call derivatives (2029 Notes) |  | Long-term derivative assets |  | 21,658 |  |  |  |  |
Embedded derivative (2025 Notes) |  |  |  |  |  | Accrued liabilities and other |  | $ | 1,363 |
Embedded derivative (2029 Notes) |  |  |  |  |  | Long-term derivative liabilities |  | 48,093 |
FX derivative contracts |  | Prepaid expenses and other current assets |  | 9,373 |  |  | Accrued liabilities and other |  | 6 |
Total derivatives not designated as hedging instruments |  |  |  | $ | 32,334 |  |  |  |  | $ | 49,462 |
(1)For the classification of inputs used to evaluate the fair value of LivaNova’s derivatives, refer to “Note 3. Fair Value Measurements.”
|  | Derivative Assets |  | Derivative Liabilities
December 31, 2024 |  | Balance Sheet Location |  | Fair Value (1) |  | Balance Sheet Location |  | Fair Value (1)
Derivatives Not Designated as Hedging Instruments:
Capped call derivatives (2025 Notes) |  | Prepaid expenses and other current assets |  | $ | 2,624 |  |  |  |  |
Capped call derivatives (2029 Notes) |  | Long-term derivative assets |  | 23,735 |  |  |  |  |
Embedded derivative (2025 Notes) |  |  |  |  |  | Accrued liabilities and other |  | $ | 2,915 |
Embedded derivative (2029 Notes) |  |  |  |  |  | Long-term derivative liabilities |  | 51,819 |
FX derivative contracts |  | Prepaid expenses and other current assets |  | 738 |  |  |  |  |
Total derivatives not designated as hedging instruments |  |  |  | $ | 27,097 |  |  |  |  | $ | 54,734 |
(1)For the classification of inputs used to evaluate the fair value of LivaNova’s derivatives, refer to “Note 3. Fair Value Measurements.”

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- Definition Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 182 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480401/815-10-55-182 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4A -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4A Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4E -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4E Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4B -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4B + Details
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