v3.24.2
SEGMENT AND GEOGRAPHIC INFORMATION (Tables)
 6 Months Ended
Jun. 30, 2024
Segment Reporting [Abstract]  
Schedule of Net Sales and Profit by Segments Net sales and profit by each reportable segment for the three and six months ended June 30, 2024 and 2023 are as follows:
Three Months Ended June 30,Six Months Ended June 30,
Dollars in thousands2024202320242023
Segment Net Sales
Codman Specialty Surgical$301,761 $271,030 $558,195 $519,166 
Tissue Technologies
116,414 110,237 228,852 242,947 
Total revenues$418,175 $381,267 $787,047 $762,113 
Segment Profit
Codman Specialty Surgical$164,141 $116,341 $267,633 $227,274 
Tissue Technologies
37,187 8,062 67,85360,343 
Segment profit201,328 124,403 335,486 287,617 
Amortization(3,707)(3,026)(13,814)(6,134)
Corporate and other(200,650)(108,873)(320,737)(232,597)
Operating income$(3,029)$12,504 $935 $48,886 
Total revenue by major geographic area consisted of the following:
 Three Months Ended June 30,Six Months Ended June 30,
Dollars in thousands2024202320242023
United States$310,225 $276,782 $566,454 $547,784 
Europe40,689 37,452 82,285 78,516 
Asia Pacific45,951 47,706 95,496 98,179 
Rest of World21,310 19,327 42,812 37,634 
Total Revenues$418,175 $381,267 $787,047 $762,113 
Schedule of Geographic Revenue by Area Net sales and profit by each reportable segment for the three and six months ended June 30, 2024 and 2023 are as follows:
Three Months Ended June 30,Six Months Ended June 30,
Dollars in thousands2024202320242023
Segment Net Sales
Codman Specialty Surgical$301,761 $271,030 $558,195 $519,166 
Tissue Technologies
116,414 110,237 228,852 242,947 
Total revenues$418,175 $381,267 $787,047 $762,113 
Segment Profit
Codman Specialty Surgical$164,141 $116,341 $267,633 $227,274 
Tissue Technologies
37,187 8,062 67,85360,343 
Segment profit201,328 124,403 335,486 287,617 
Amortization(3,707)(3,026)(13,814)(6,134)
Corporate and other(200,650)(108,873)(320,737)(232,597)
Operating income$(3,029)$12,504 $935 $48,886 
Total revenue by major geographic area consisted of the following:
 Three Months Ended June 30,Six Months Ended June 30,
Dollars in thousands2024202320242023
United States$310,225 $276,782 $566,454 $547,784 
Europe40,689 37,452 82,285 78,516 
Asia Pacific45,951 47,706 95,496 98,179 
Rest of World21,310 19,327 42,812 37,634 
Total Revenues$418,175 $381,267 $787,047 $762,113