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Segment Information | 9 Months Ended
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Sep. 30, 2020
Segment Information [Abstract] |
Segment Information | 15. Segment Information We have two reportable segments organized according to our products and services: Medical Devices and Preservation Services. The Medical Devices segment includes external revenues from product sales of BioGlue, JOTEC (which includes AMDS and NEXUS revenues), On-X, CardioGenesis cardiac laser therapy, PerClot, and PhotoFix. The Preservation Services segment includes external services revenues from the preservation of cardiac and vascular tissues and NeoPatch. There are no intersegment revenues. The primary measure of segment performance, as viewed by our management, is segment gross margin or net external revenues less cost of products and preservation services. We do not segregate assets by segment; therefore, asset information is excluded from the segment disclosures below. The following table summarizes revenues, cost of products and preservation services, and gross margins for our operating segments (in thousands):
| Three Months Ended |  | Nine Months Ended
| September 30, |  | September 30,
| 2020 |  | 2019 |  | 2020 |  | 2019
Revenues: |  |  |  |  |  |  |  |  |  |  |
Medical devices | $ | 45,109 |  | $ | 47,484 |  | $ | 128,797 |  | $ | 147,053
Preservation services |  | 20,022 |  |  | 20,397 |  |  | 56,534 |  |  | 59,472
Total revenues |  | 65,131 |  |  | 67,881 |  |  | 185,331 |  |  | 206,525
Cost of products and preservation services: |  |  |  |  |  |  |  |  |  |  |
Medical devices |  | 12,998 |  |  | 12,706 |  |  | 36,078 |  |  | 41,021
Preservation services |  | 9,001 |  |  | 9,953 |  |  | 26,060 |  |  | 29,043
Total cost of products and preservation services |  | 21,999 |  |  | 22,659 |  |  | 62,138 |  |  | 70,064
Gross margin: |  |  |  |  |  |  |  |  |  |  |
Medical devices |  | 32,111 |  |  | 34,778 |  |  | 92,719 |  |  | 106,032
Preservation services |  | 11,021 |  |  | 10,444 |  |  | 30,474 |  |  | 30,429
Total gross margin | $ | 43,132 |  | $ | 45,222 |  | $ | 123,193 |  | $ | 136,461
The following table summarizes net revenues by product and service (in thousands):
| Three Months Ended |  | Nine Months Ended
| September 30, |  | September 30,
| 2020 |  | 2019 |  | 2020 |  | 2019
Products: |  |  |  |  |  |  |  |  |  |  |
BioGlue | $ | 15,811 |  | $ | 15,679 |  | $ | 44,985 |  | $ | 50,834
JOTEC |  | 15,290 |  |  | 15,774 |  |  | 43,932 |  |  | 48,936
On-X |  | 12,067 |  |  | 12,610 |  |  | 34,385 |  |  | 36,751
PhotoFix |  | 1,134 |  |  | 1,087 |  |  | 3,056 |  |  | 2,752
PerClot |  | 724 |  |  | 980 |  |  | 2,081 |  |  | 2,814
CardioGenesis cardiac laser therapy |  | 83 |  |  | 1,354 |  |  | 358 |  |  | 4,966
Total products |  | 45,109 |  |  | 47,484 |  |  | 128,797 |  |  | 147,053
Preservation services: |  |  |  |  |  |  |  |  |  |  |
Cardiac tissue |  | 10,679 |  |  | 11,304 |  |  | 28,758 |  |  | 30,734
Vascular tissue |  | 9,285 |  |  | 9,093 |  |  | 27,657 |  |  | 28,738
NeoPatch |  | 58 |  |  | -- |  |  | 119 |  |  | --
Total preservation services |  | 20,022 |  |  | 20,397 |  |  | 56,534 |  |  | 59,472
Total revenues | $ | 65,131 |  | $ | 67,881 |  | $ | 185,331 |  | $ | 206,525

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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