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Consolidated condensed balance sheets - USD ($)
$ in Thousands
Jul. 03, 2021
Dec. 31, 2020
Dec. 31, 2019
Current assets:      
Cash and cash equivalents $ 136,065 $ 86,839  
Restricted cash 2,003 0  
Accounts receivable, net 102,029 88,283  
Inventory 34,020 29,120  
Prepaid and other current assets 15,943 7,552  
Total current assets 290,060 211,794  
Property and equipment, net 8,960 6,879  
Goodwill 52,135 49,800  
Intangible assets, net 257,848 191,650  
Operating lease assets 17,669 14,961  
Deferred tax assets 481    
Investment and other assets 19,483 19,382  
Total assets 646,636 494,466  
Assets   0 $ 0
Current liabilities:      
Accounts payable 9,881 4,422  
Accrued liabilities 105,246 88,187  
Accrued equity-based compensation 10,875 11,054  
Current portion of long-term debt 15,000 15,000  
Current portion of contingent consideration 13,220    
Other current liabilities 3,964 3,926  
Total current liabilities 158,186 122,589  
Long-term debt, less current portion 166,084 173,378  
Accrued equity-based compensation, less current portion   29,249  
Deferred income taxes 48,410 3,362  
Contingent consideration, less current portion 30,421    
Other long-term liabilities 24,171 21,728  
Total liabilities 427,272 350,306  
Liabilities   0 0
Stockholders' and Members' Equity:      
Members' equity   144,160  
Common stock, value   0 0
Additional paid-in capital 146,199    
Accumulated deficit (5,167)    
Accumulated other comprehensive income 468    
Total stockholders' equity attributable to Bioventus Inc. and members' equity 141,557 144,160  
Stockholders' equity   0 0
Noncontrolling interest 77,807    
Total stockholders' and members' equity 219,364 144,160  
Total liabilities and stockholders' and members' equity 646,636 494,466  
Total liabilities and stockholders' equity   0 0
Bio Ventus LLC [Member]      
Current assets:      
Cash and cash equivalents   86,839 64,520
Accounts receivable, net   88,283 85,128
Inventory   29,120 27,326
Prepaid and other current assets   7,552 6,059
Total current assets   211,794 183,033
Property and equipment, net   6,879 4,489
Goodwill   49,800 49,800
Intangible assets, net   191,650 216,510
Operating lease assets   14,961 15,267
Investment and other assets   19,382 3,308
Total assets   494,466 472,407
Current liabilities:      
Accounts payable   4,422 6,440
Accrued liabilities   88,187 52,827
Accrued equity-based compensation   11,054 15,547
Current portion of long-term debt   15,000 10,000
Other current liabilities   3,926 4,201
Total current liabilities   122,589 89,015
Long-term debt, less current portion   173,378 187,965
Accrued equity-based compensation, less current portion   29,249 25,255
Deferred income taxes   3,362 3,874
Other long-term liabilities   21,728 20,681
Total liabilities   350,306 326,790
Stockholders' and Members' Equity:      
Members' equity   285,173 285,147
Accumulated deficit   (144,539) (141,700)
Accumulated other comprehensive income   1,607 (465)
Total stockholders' equity attributable to Bioventus Inc. and members' equity   142,241 142,982
Noncontrolling interest   1,919 2,635
Total stockholders' and members' equity   144,160 145,617
Total liabilities and stockholders' and members' equity   $ 494,466 $ 472,407
Common Class A      
Stockholders' and Members' Equity:      
Common stock, value 41    
Common Class B      
Stockholders' and Members' Equity:      
Common stock, value $ 16