XML 41 R26.htm IDEA: XBRL DOCUMENT v3.19.2

GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

6 Months Ended

Jun. 30, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Changes in Carrying Amount of Goodwill

Changes in the carrying amount of goodwill for the six-month period ended June 30, 2019 were as follows:

	Codman Specialty Surgical				Orthopedics and Tissue Technologies				Total
	(In thousands)
Goodwill at December 31, 2018	$	625,760			$	300,715			$	926,475
Foreign currency translation	174				83				257
Goodwill at June 30, 2019	$	625,934			$	300,798			$	926,732

Schedule of Finite-Lived Intangible Assets

The components of the Company’s identifiable intangible assets were as follows:

	June 30, 2019
	Weighted Average Life		Cost				Accumulated Amortization				Net
	(Dollars in thousands)
Completed technology	19 years		$	856,730			$	(190,219	)		$	666,511
Customer relationships	13 years		222,784				(111,617		)		111,167
Trademarks/brand names	28 years		104,041				(26,688		)		77,353
Codman trade name	Indefinite		162,466				—				162,466
Supplier relationships	27 years		34,721				(17,233		)		17,488
All other	4 years		10,913				(4,278		)		6,635
			$	1,391,655			$	(350,035	)		$	1,041,620

	December 31, 2018
	Weighted Average Life		Cost				Accumulated Amortization				Net
	(Dollars in thousands)
Completed technology	19 years		$	855,679			$	(167,384	)		$	688,295
Customer relationships	13 years		231,448				(106,859		)		124,589
Trademarks/brand names	28 years		104,061				(24,764		)		79,297
Codman trade name	Indefinite		162,054				—				162,054
Supplier relationships	27 years		34,721				(16,519		)		18,202
All other	4 years		10,958				(3,899		)		7,059
			$	1,398,921			$	(319,425	)		$	1,079,496

Schedule of Indefinite-Lived Intangible Assets

The components of the Company’s identifiable intangible assets were as follows:

	June 30, 2019
	Weighted Average Life		Cost				Accumulated Amortization				Net
	(Dollars in thousands)
Completed technology	19 years		$	856,730			$	(190,219	)		$	666,511
Customer relationships	13 years		222,784				(111,617		)		111,167
Trademarks/brand names	28 years		104,041				(26,688		)		77,353
Codman trade name	Indefinite		162,466				—				162,466
Supplier relationships	27 years		34,721				(17,233		)		17,488
All other	4 years		10,913				(4,278		)		6,635
			$	1,391,655			$	(350,035	)		$	1,041,620

	December 31, 2018
	Weighted Average Life		Cost				Accumulated Amortization				Net
	(Dollars in thousands)
Completed technology	19 years		$	855,679			$	(167,384	)		$	688,295
Customer relationships	13 years		231,448				(106,859		)		124,589
Trademarks/brand names	28 years		104,061				(24,764		)		79,297
Codman trade name	Indefinite		162,054				—				162,054
Supplier relationships	27 years		34,721				(16,519		)		18,202
All other	4 years		10,958				(3,899		)		7,059
			$	1,398,921			$	(319,425	)		$	1,079,496

X

- References

No definition available.

+ Details

Name:	us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275

+ Details

Name:	us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13854-109267

+ Details

Name:	us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance and exist in perpetuity, by either major class or business segment.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 3
-Subparagraph (b),(d)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16373-109275

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275

+ Details

Name:	us-gaap_ScheduleOfIndefiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration