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REVENUES FROM CONTRACTS WITH CUSTOMERS (Tables) | 3 Months Ended
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Mar. 31, 2024
Revenue from Contract with Customer [Abstract] |
Schedule of Changes in Contract Assets and Contract Liabilities | The following table summarizes the changes in the contract asset and liability balances for the three months ended March 31, 2024:
Dollars in thousands |  |  |  |  | Total |  |  |
Contract Asset |  |  |  |  |  |  |  |
Contract asset, January 1, 2024 |  |  |  |  | $ | 9,233 |  |  |  |
Transferred to trade receivable from contract asset included in beginning of the year contract asset |  |  |  |  | (9,233) |  |  |  |
Contract asset, net of transferred to trade receivables on contracts during the period |  |  |  |  | 7,478 |  |  |  |
Contract asset, March 31, 2024 |  |  |  |  | $ | 7,478 |  |  |  |
Contract Liability |  |  |  |  |  |  |  |
Contract liability, January 1, 2024 |  |  |  |  | $ | 16,252 |  |  |  |
Recognition of revenue included in beginning of year contract liability |  |  |  |  | (3,523) |  |  |  |
Contract liability, net of revenue recognized on contracts during the period |  |  |  |  | 2,017 |  |  |  |
Foreign currency translation |  |  |  |  | (63) |  |  |  |
Contract liability, March 31, 2024 |  |  |  |  | $ | 14,683 |  |  |  |
Schedule of Disaggregation of Revenue | The following table presents revenues disaggregated by the major sources of revenues for the three months ended March 31, 2024 and 2023 (dollar amounts in thousands):
|  |  |  |  | Three Months Ended March 31, 2024 |  | Three Months Ended March 31, 2023
Neurosurgery |  |  |  |  | $ | 202,268 |  |  | $ | 192,870 |
Instruments |  |  |  |  | 54,166 |  |  | 55,266 |
Total Codman Specialty Surgical |  |  |  |  | 256,434 |  |  | 248,136 |
Wound Reconstruction and Care |  |  |  |  | 80,877 |  |  | 100,940 |
Private Label |  |  |  |  | 31,561 |  |  | 31,770 |
Total Tissue Technologies |  |  |  |  | 112,438 |  |  | 132,710 |
Total revenue |  |  |  |  | $ | 368,872 |  |  | $ | 380,846 |

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- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-10 + Details
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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-5 + Details
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