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Segment Information
9 Months Ended
Jun. 30, 2023
Segment Reporting [Abstract]  
Segment Information

13. Segment Information

Segment revenue, operating income (loss), and depreciation and amortization were as follows:

 

 

Three Months Ended June 30,

 

 

Nine Months Ended June 30,

 

(In thousands)

2023

 

 

2022

 

 

2023

 

 

2022

 

Revenue:

 

 

 

 

 

 

 

 

 

 

 

Medical Device

$

46,014

 

 

$

17,528

 

 

$

84,739

 

 

$

52,889

 

In Vitro Diagnostics

 

6,469

 

 

 

7,326

 

 

 

19,875

 

 

 

21,074

 

Total revenue

$

52,483

 

 

$

24,854

 

 

$

104,614

 

 

$

73,963

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating income (loss):

 

 

 

 

 

 

 

 

 

 

 

Medical Device

$

21,777

 

 

$

(7,308

)

 

$

7,483

 

 

$

(16,712

)

In Vitro Diagnostics

 

2,866

 

 

 

3,387

 

 

 

9,450

 

 

 

10,262

 

Total segment operating income (loss)

 

24,643

 

 

 

(3,921

)

 

 

16,933

 

 

 

(6,450

)

Corporate

 

(3,231

)

 

 

(3,222

)

 

 

(9,333

)

 

 

(9,034

)

Total operating income (loss)

$

21,412

 

 

$

(7,143

)

 

$

7,600

 

 

$

(15,484

)

 

 

 

 

 

 

 

 

 

 

 

 

Depreciation and amortization:

 

 

 

 

 

 

 

 

 

 

 

Medical Device

$

1,997

 

 

$

2,020

 

 

$

5,883

 

 

$

6,347

 

In Vitro Diagnostics

 

78

 

 

 

88

 

 

 

230

 

 

 

260

 

Corporate

 

76

 

 

 

98

 

 

 

252

 

 

 

295

 

Total depreciation and amortization

$

2,151

 

 

$

2,206

 

 

$

6,365

 

 

$

6,902

 

The Corporate category includes expenses that are not fully allocated to the Medical Device and In Vitro Diagnostics segments. These Corporate costs are related to administrative corporate functions, such as executive management, corporate accounting, information technology, legal, human resources and Board of Directors. Corporate may also include expenses, such as acquisition-related costs and litigation, which are not specific to a segment and thus not allocated to the reportable segments.

Asset information by segment is not presented because the Company does not provide its chief operating decision maker assets by segment, as the data is not readily available.