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Balance sheet information
 3 Months Ended
Mar. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Balance sheet information Balance sheet information
Accounts receivable, net
Accounts receivable, net are amounts billed and currently due from customers. The Company records the amounts due net of allowance for credit losses. Collection of the consideration that the Company expects to receive typically occurs within 30 to 90 days of billing. The Company applies the practical expedient for contracts with payment terms of one year or less which does not consider the effects of the time value of money. Occasionally, the Company enters into payment agreements with patients that allow payment terms beyond one year. In those cases, the financing component is not deemed significant to the contract.
Accounts receivable, net of allowances, consisted of the following as of:
March 30, 2024December 31, 2023
Accounts receivable$128,670 $127,008 
Less: Allowance for credit losses(3,129)(4,219)
$125,541 $122,789 
Due to the short-term nature of the Company’s receivables, the estimate of expected credit losses is based on aging of the account receivable balances. The allowance is adjusted on a specific identification basis for certain accounts as well as pooling of accounts with similar characteristics. The Company has a diverse customer base with no single customer representing ten percent or more of sales. The Company has one customer representing approximately 18.7% and 16.0% of the accounts receivable balance as of March 30, 2024 and December 31, 2023, respectively. Historically, the Company’s reserves have been adequate to cover credit losses.
Changes in credit losses were as follows:
Three Months Ended
March 30, 2024April 1, 2023
Beginning balance$(4,219)$(7,022)
Benefit (provision) for expected credit losses976 (1,079)
Write-offs223 286 
Recoveries(109)(484)
Disposition— 898 
Ending balance$(3,129)$(7,401)
Inventory
Inventory consisted of the following as of:
March 30, 2024December 31, 2023
Raw materials and supplies$25,690 $21,062 
Finished goods71,315 70,271 
97,005 91,333 
Accrued liabilities
Accrued liabilities consisted of the following as of:
March 30, 2024December 31, 2023
Gross-to-net deductions$63,891 $59,592 
Bonus and commission13,869 19,437 
Compensation and benefits6,341 9,709 
Accrued interest6,451 6,606 
Income and other taxes5,017 4,749 
Other liabilities18,036 19,702 
$113,605 $119,795