v3.24.2.u1
Segment Reporting
6 Months Ended
Jun. 30, 2024
Segment Reporting [Abstract]  
Segment Reporting

13.   Segment Reporting. We report our operations in two operating segments: cardiovascular and endoscopy. Our cardiovascular segment consists of four product categories: peripheral intervention, cardiac intervention, custom procedural solutions, and OEM. Within these product categories, we sell a variety of products, including cardiology and radiology devices (which assist in diagnosing and treating coronary arterial disease, peripheral vascular disease and other non-vascular diseases), as well as embolotherapeutic, cardiac rhythm management, electrophysiology, critical care, breast cancer localization and guidance, biopsy, and interventional oncology and spine devices. Our endoscopy segment consists of gastroenterology and pulmonology devices which assist in the palliative treatment of expanding esophageal, tracheobronchial and biliary strictures. Our chief operating decision maker is our Chief Executive Officer. We evaluate the performance of our operating segments based on net sales and income from operations.

Financial information relating to our reportable operating segments and reconciliations to the consolidated totals for the three and six-month periods ended June 30, 2024 and 2023, were as follows (in thousands):

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Three Months Ended

    

Six Months Ended

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June 30, 

    

June 30, 

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2024

    

2023

    

2024

    

2023

Net sales

 

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Cardiovascular

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$

327,815

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$

311,275

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$

641,189

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$

599,251

Endoscopy

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10,188

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8,781

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20,322

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18,370

Total net sales

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338,003

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320,056

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661,511

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617,621

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Income from operations

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Cardiovascular

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42,912

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26,464

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75,819

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50,398

Endoscopy

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3,034

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2,348

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6,049

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4,797

Total income from operations

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45,946

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28,812

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81,868

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55,195

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Total other expense — net

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(103)

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(3,912)

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(1,677)

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(4,795)

Income tax expense

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10,117

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4,655

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16,225

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9,452

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Net income

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$

35,726

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$

20,245

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$

63,966

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$

40,948

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