Accrued Liabilities (Tables)

9 Months Ended

Sep. 30, 2022

Accrued Liabilities [Abstract]

Schedule of Accrued Liabilities [Table Text Block]

Accrued liabilities consist of the following (in thousands): 

	As of
	September 30, 2022		December 31, 2021
Salaries and benefits	$	49,409	$	27,304
Incentive compensation	24,388		33,107
Operating lease liability-ST	18,638		9,009
Accrued sales taxes	6,507		1,980
Restructuring accrual	6,767		664
Deferred revenue	31,183		12,646
Accrued other taxes	4,415		4,337
Accrued professional fees	8,694		773
Legal accrual	4,240		3,897
Distribution fees	25,326		5,645
Warranties and returns	3,059		532
Field service corrective action(1)	24,857		—
Accrued freight	14,234		9,194
Foreign exchange contracts	1,752		—
Accrued audit fees	6,095		1,008
Defined benefit plan	2,527		—
Accrued interest	2,788		—
Other	9,424		8,099
	$	244,303	$	118,195

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(1)     Relates to field corrective actions associated with certain products in connection with a 2021 Warning Letter received by Smiths Medical from the FDA following an inspection of Smiths Medical’s Oakdale, Minnesota Facility, see Note 19: Commitments and Contingencies for further detail.

Other long-term liabilities consist of the following (in thousands): 

	As of
	September 30, 2022		December 31, 2021
Operating lease liability-LT	$	62,902	$	33,971
Benefits	5,958		1,369
Accrued rent	1,030		1,262
Forward-starting interest rate swaps	—		1,480
Finance lease liability-LT	1,692		2,067
Deferred revenue	21,976		—
Field service corrective action(1)	22,620		—
Other	3,073		1,681
	$	119,251	$	41,830