XML 36 R25.htm IDEA: XBRL DOCUMENT v3.23.1
REVENUES FROM CONTRACTS WITH CUSTOMERS (Tables)
 3 Months Ended
Mar. 31, 2023
Revenue from Contract with Customer [Abstract]  
Schedule of Changes in Contract Assets and Contract Liabilities
The following table summarized the changes in the contract asset and liability balances for the three months ended March 31, 2023:
Dollars in thousandsTotal
Contract Asset
Contract asset, January 1, 2023
$10,122 
Transferred to trade receivable from contract asset included in beginning of the year contract asset(9,765)
Contract asset, net of transferred to trade receivables on contracts during the period9,713 
Contract asset, March 31, 2023
$10,070 
Contract Liability
Contract liability, January 1, 2023
$16,127 
Recognition of revenue included in beginning of year contract liability$(2,492)
Contract liability, net of revenue recognized on contracts during the period2,921 
Foreign currency translation3 
Contract liability, March 31, 2023
$16,559 
Schedule of Disaggregation of Revenue
The following table presents revenues disaggregated by the major sources of revenues for the three months ended March 31, 2023 and 2022 (dollar amounts in thousands):
Three Months Ended March 31, 2023Three Months Ended March 31, 2022
Neurosurgery$192,870 $194,675 
Instruments55,266 52,633 
Total Codman Specialty Surgical248,136 247,308 
Wound Reconstruction and Care100,940 94,630 
Private Label31,770 34,700 
Total Tissue Technologies132,710 129,330 
Total revenue$380,846 $376,638