XML 72 R26.htm IDEA: XBRL DOCUMENT v3.3.0.814
GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
9 Months Ended
Sep. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes In Carrying Amount Of Goodwill
Changes in the carrying amount of goodwill for the nine months ended September 30, 2015 were as follows:
 
Specialty
Surgical
Solutions
 
Orthopedics and
Tissue Technologies
 
Total
 
(In thousands)
Goodwill at December 31, 2014
$
281,829

 
$
81,650

 
$
363,479

MicroFrance working capital and purchase price adjustments
(1,069
)
 

 
(1,069
)
Metasurg working capital and purchase price adjustment

 
263

 
263

TEI Acquisition

 
148,935

 
148,935

Foreign currency translation
(4,363
)
 
(1,518
)
 
(5,881
)
Balance, September 30, 2015
$
276,397

 
$
229,330

 
$
505,727

Components of Company's Identifiable Intangible Assets
The components of the Company’s identifiable intangible assets were as follows:
 
September 30, 2015
 
Weighted
Average
Life
 
Cost
 
Accumulated
Amortization
 
Net
 
(Dollars in thousands)
Completed technology
17 years
 
$
480,991

 
$
(61,030
)
 
$
419,961

Customer relationships
12 years
 
153,344

 
(66,729
)
 
86,615

Trademarks/brand names (2)
30 years
 
91,288

 
(15,830
)
 
75,458

Supplier relationships
27 years
 
34,721

 
(11,879
)
 
22,842

All other (1)
4 years
 
2,721

 
(1,177
)
 
1,544

 
 
 
$
763,065

 
$
(156,645
)
 
$
606,420


 
December 31, 2014
 
Weighted
Average
Life
 
Cost
 
Accumulated
Amortization
 
Net
 
(Dollars in thousands)
Completed technology
18 years
 
$
314,664

 
$
(46,339
)
 
$
268,325

Customer relationships
13 years
 
105,201

 
(63,689
)
 
41,512

Trademarks/brand names
34 years
 
44,220

 
(15,455
)
 
28,765

Trademarks/brand names (2)
Indefinite
 
48,484

 

 
48,484

Supplier relationships
27 years
 
34,721

 
(10,809
)
 
23,912

All other (1)
4 years
 
2,910

 
(1,340
)
 
1,570

 
 
 
$
550,200

 
$
(137,632
)
 
$
412,568


 
(1) 
At September 30, 2015 and December 31, 2014, all other included in-process research and development ("IPR&D") of $1.4 million in both periods, which was indefinite-lived.
(2) 
In August 2015, the Company reevaluated the Miltex, CUSA, Luxtec, and Omni-Tract trade names and determined that they are no longer indefinite-lived intangible assets. The Company assigned remaining useful lives ranging from 20 to 30 years, consistent with other trademarks/brand names, and began amortization.