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SEGMENT AND GEOGRAPHIC INFORMATION (Tables)

12 Months Ended

Dec. 31, 2024

Segment Reporting [Abstract]

Schedule of Segment Reporting Information

The table below presents information about reported segments for the years ended December 31, 2024, 2023, and 2022 are as follows:

Dollars in thousands			Codman Specialty Surgical						Tissue Technologies						Corporate and Other						Total
2024 Total revenue, net			$	1,143,636					$	466,891					$	—					$	1,610,527
Cost of goods sold			384,422						162,535						181,509						728,466
Research and development			30,770						18,140						66,467						115,377
Selling, general and administrative			224,370						147,047						345,566						716,983
Intangible asset amortization			—						—						21,290						21,290
2024 Total cost and expenses			639,562						327,722						614,832						1,582,116
2024 Operating income (loss)			$	504,074					$	139,169					$	(614,832)					28,411
Interest income																					20,040
Interest expense																					(70,632)
Other income, net																					3,944
(Loss) before income taxes																					$	(18,237)
			Codman Specialty Surgical						Tissue Technologies						Corporate and Other						Total
2023 Total revenue, net			$	1,058,993					$	482,580					$	—					$	1,541,573
Cost of goods sold			364,144						164,966						127,728						656,838
Research and development			29,984						24,202						50,006						104,192
Selling, general and administrative			214,335						159,364						282,942						656,641
Intangible asset amortization			—						—						12,376						12,376
2023 Total cost and expenses			608,463						348,532						473,052						1,430,047
2023 Operating income (loss)			$	450,530					$	134,048					$	(473,052)					111,526
Interest income																					17,202
Interest expense																					(51,377)
Other income, net																					3,718
Income before income taxes																					$	81,069
			Codman Specialty Surgical						Tissue Technologies						Corporate and Other						Total
2022 Total revenue, net			$	1,019,564					$	538,102					$	—					$	1,557,666
Cost of goods sold			345,742						120,937						120,676						587,355
Research and development			35,902						28,936						36,355						101,193
Selling, general and administrative			220,047						154,427						241,842						616,316
Intangible asset amortization			—						—						13,882						13,882
2022 Total cost and expenses			601,691						304,300						412,755						1,318,746
2022 Operating income (loss)			$	417,873					$	233,802					$	(412,755)					238,920
Interest income																					11,917
Interest expense																					(49,594)
Gain on sale of business																					644
Other income, net																					12,007
Income before income taxes																					$	213,894

Schedule of Geographic Revenue, by Area

Total revenue, net and tangible long-lived assets by major geographic area are summarized below:

Dollars in thousands			United States						Europe						Asia Pacific						Rest of the World						Consolidated
Total revenue, net:
2024			$	1,192,675					$	158,496					$	176,614					$	82,742					$	1,610,527
2023			1,100,730						165,221						193,096						82,526						1,541,573
2022			1,126,810						170,903						176,477						83,476						1,557,666
Total long-lived assets:
2024			534,336						52,385						28,264						1,295						616,280
2023			481,508						51,730						19,842						1,497						554,577
2022			440,223						60,857						12,975						2,721						516,776

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- Definition

Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries.

+ References

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-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
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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.

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