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Segment Information (Tables)

6 Months Ended

Jun. 30, 2023

Segment Reporting [Abstract]

Revenues, Cost of Products and Services, and Gross Margins for Operating Segments

The following table summarizes revenues, cost of products and preservation services, and gross margins for our operating segments (in thousands):

			Three Months Ended June 30,												Six Months Ended June 30,
			2023						2022						2023						2022
Revenues:
Medical devices			$	66,003					$	58,936					$	128,294					$	116,478
Preservation services			23,248						21,404						44,186						41,075
Total revenues			89,251						80,340						172,480						157,553
Cost of products and preservation services:
Medical devices			20,977						18,230						40,510						35,638
Preservation services			10,190						9,938						20,159						19,024
Total cost of products and preservation services			31,167						28,168						60,669						54,662
Gross margin:
Medical devices			45,026						40,706						87,784						80,840
Preservation services			13,058						11,466						24,027						22,051
Total gross margin			$	58,084					$	52,172					$	111,811					$	102,891

Summary of Net Revenues by Product and Service

The following table summarizes net revenues by product and service (in thousands):

			Three Months Ended June 30,												Six Months Ended June 30,
			2023						2022						2023						2022
Products:
Aortic stent grafts			$	28,359					$	23,833					$	54,509					$	49,339
On-X			17,946						16,255						35,602						30,626
Surgical sealants			16,566						15,967						33,269						31,648
Other			3,132						2,881						4,914						4,865
Total products			66,003						58,936						128,294						116,478
Preservation services			23,248						21,404						44,186						41,075
Total revenues			$	89,251					$	80,340					$	172,480					$	157,553

X

- Definition

Tabular disclosure of entity-wide revenues from external customers for each product or service or each group of similar products or services if the information is not provided as part of the reportable operating segment information.

+ References

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- 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

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