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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables) | 9 Months Ended
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Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Changes in Carrying Amount of Goodwill | Changes in the carrying amount of goodwill for the nine-month period ended September 30, 2024 were as follows:
Dollars in thousands | Codman Specialty Surgical |  | Tissue Technologies |  | Total
Goodwill at December 31, 2023 | $ | 666,937 |  |  | $ | 388,525 |  |  | $ | 1,055,462 |
Acclarent Acquisition | 61,396 |  |  | — |  |  | 61,396 |
Foreign currency translation | (210) |  |  | (113) |  |  | (323) |
Goodwill at September 30, 2024 | $ | 728,123 |  |  | $ | 388,412 |  |  | $ | 1,116,535 |
Schedule of Finite-Lived Intangible Assets | The components of the Company’s identifiable intangible assets were as follows:
| September 30, 2024
Dollars in thousands | Weighted Average Life |  | Cost |  | Accumulated Amortization |  | Net
Completed technology | 17 years |  | $ | 1,427,186 |  |  | $ | (509,825) |  |  | $ | 917,361 |
Customer relationships | 12 years |  | 168,396 |  |  | (138,022) |  |  | 30,374 |
Trademarks/brand names | 27 years |  | 101,896 |  |  | (41,833) |  |  | 60,063 |
Codman tradename | Indefinite |  | 174,118 |  |  | — |  |  | 174,118 |
Supplier relationships | 30 years |  | 30,211 |  |  | (18,882) |  |  | 11,329 |
All other | 6 years |  | 23,154 |  |  | (6,851) |  |  | 16,303 |
|  |  | $ | 1,924,961 |  |  | $ | (715,413) |  |  | $ | 1,209,548 |
| December 31, 2023
Dollars in thousands | Weighted Average Life |  | Cost |  | Accumulated Amortization |  | Net
Completed technology | 18 years |  | $ | 1,226,128 |  |  | $ | (448,519) |  |  | $ | 777,609 |
Customer relationships | 12 years |  | 193,895 |  |  | (152,160) |  |  | 41,735 |
Trademarks/brand names | 28 years |  | 98,892 |  |  | (38,754) |  |  | 60,138 |
Codman tradename | Indefinite |  | 174,531 |  |  | — |  |  | 174,531 |
Supplier relationships | 30 years |  | 30,211 |  |  | (18,148) |  |  | 12,063 |
All other | 11 years |  | 6,180 |  |  | (4,423) |  |  | 1,757 |
|  |  | $ | 1,729,837 |  |  | $ | (662,004) |  |  | $ | 1,067,833 |
Schedule of Indefinite-Lived Intangible Assets | The components of the Company’s identifiable intangible assets were as follows:
| September 30, 2024
Dollars in thousands | Weighted Average Life |  | Cost |  | Accumulated Amortization |  | Net
Completed technology | 17 years |  | $ | 1,427,186 |  |  | $ | (509,825) |  |  | $ | 917,361 |
Customer relationships | 12 years |  | 168,396 |  |  | (138,022) |  |  | 30,374 |
Trademarks/brand names | 27 years |  | 101,896 |  |  | (41,833) |  |  | 60,063 |
Codman tradename | Indefinite |  | 174,118 |  |  | — |  |  | 174,118 |
Supplier relationships | 30 years |  | 30,211 |  |  | (18,882) |  |  | 11,329 |
All other | 6 years |  | 23,154 |  |  | (6,851) |  |  | 16,303 |
|  |  | $ | 1,924,961 |  |  | $ | (715,413) |  |  | $ | 1,209,548 |
| December 31, 2023
Dollars in thousands | Weighted Average Life |  | Cost |  | Accumulated Amortization |  | Net
Completed technology | 18 years |  | $ | 1,226,128 |  |  | $ | (448,519) |  |  | $ | 777,609 |
Customer relationships | 12 years |  | 193,895 |  |  | (152,160) |  |  | 41,735 |
Trademarks/brand names | 28 years |  | 98,892 |  |  | (38,754) |  |  | 60,138 |
Codman tradename | Indefinite |  | 174,531 |  |  | — |  |  | 174,531 |
Supplier relationships | 30 years |  | 30,211 |  |  | (18,148) |  |  | 12,063 |
All other | 11 years |  | 6,180 |  |  | (4,423) |  |  | 1,757 |
|  |  | $ | 1,729,837 |  |  | $ | (662,004) |  |  | $ | 1,067,833 |

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