v3.24.2.u1
SEGMENT AND GEOGRAPHIC INFORMATION
6 Months Ended
Jun. 30, 2024
SEGMENT AND GEOGRAPHIC INFORMATION [Abstract]  
Segment And Geographic Information NOTE 18. SEGMENT AND GEOGRAPHIC INFORMATION

Operating segments are defined as components of an organization for which separate financial information is available and evaluated regularly by the chief operating decision maker, or decision-making group, in deciding how to allocate resources and in assessing performance. We have identified two operating segments, Musculoskeletal Solutions and Enabling Technologies, based on how management reviews the business, makes investing and resource allocation decisions and assesses operating performance. We aggregate these operating segments into one reportable segment, based on conclusions reached after considering relevant factors such as economic similarity, customer base, regulatory environment, production processes, nature of services and products provided, and our comprehensive approach to product development and offerings targeting patient needs through procedural-based solutions.

The following table represents total net sales, net by geographic area, based on the location of the customer:

Net Sales

Three Months Ended

Six Months Ended

June 30,

June 30,

(In thousands)

2024

2023

2024

2023

United States

$

499,459

$

245,490

$

982,386

$

479,609

International

130,232

46,125

253,971

88,694

Total

$

629,691

$

291,615

$

1,236,357

$

568,303

The following table represents total property and equipment, net by geographic area, based on the location of the customer:

Property and Equipment, Net

As of

June 30,

December 31,

(In thousands)

2024

2023

United States

$

522,548

$

527,332

International

49,228

59,600

Total

$

571,776

$

586,932