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REVENUES FROM CONTRACTS WITH CUSTOMERS (Tables) | 6 Months Ended
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Jun. 30, 2025
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 six months ended June 30, 2025:
Dollars in thousands |  |  |  |  | Total |  |  |
Contract Asset |  |  |  |  |  |  |  |
Contract asset, January 1, 2025 |  |  |  |  | $ | 6,146 |  |  |  |
Transferred to trade receivables from contract asset included in beginning of the year contract asset |  |  |  |  | $ | (6,146) |  |  |  |
Contract asset, net of transferred to trade receivables on contracts during the period |  |  |  |  | $ | 3,491 |  |  |  |
Contract asset, June 30, 2025 |  |  |  |  | $ | 3,491 |  |  |  |
Contract Liability |  |  |  |  |  |  |  |
Contract liability, January 1, 2025 |  |  |  |  | $ | 19,669 |  |  |  |
Recognition of revenue included in beginning of year contract liability |  |  |  |  | $ | (6,573) |  |  |  |
Contract liability, net of revenue recognized on contracts during the period |  |  |  |  | $ | 8,828 |  |  |  |
Foreign currency translation |  |  |  |  | $ | 132 |  |  |  |
Contract liability, June 30, 2025 |  |  |  |  | $ | 22,056 |  |  |  |
Schedule of Disaggregation of Revenue | The following table presents revenues disaggregated by the major sources of revenues for the three and six months ended June 30, 2025 and 2024 (dollar amounts in thousands):
| Three Months Ended June 30, 2025 |  | Three Months Ended June 30, 2024 |  | Six Months Ended June 30, 2025 |  | Six Months Ended June 30, 2024
Neurosurgery | $ | 208,992 |  |  | $ | 205,502 |  |  | $ | 399,904 |  |  | $ | 407,770 |
Instruments | 53,080 |  |  | 54,537 |  |  | 104,030 |  |  | 98,910 |
ENT | 41,886 |  |  | 41,722 |  |  | 80,688 |  |  | 51,515 |
Total Codman Specialty Surgical | 303,958 |  |  | 301,761 |  |  | 584,622 |  |  | 558,195 |
Wound Reconstruction and Care | 84,747 |  |  | 87,695 |  |  | 159,526 |  |  | 168,572 |
Private Label | 26,900 |  |  | 28,719 |  |  | 54,110 |  |  | 60,280 |
Total Tissue Technologies | 111,647 |  |  | 116,414 |  |  | 213,636 |  |  | 228,852 |
Total revenue | $ | 415,605 |  |  | $ | 418,175 |  |  | $ | 798,258 |  |  | $ | 787,047 |
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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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