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Business segment information (Tables)
9 Months Ended
Sep. 27, 2015
Segment Reporting [Abstract]  
Segment Results
The following tables present the Company’s segment results for the three and nine months ended September 27, 2015 and September 28, 2014:
 
Three Months Ended
 
Nine Months Ended
 
September 27, 2015
 
September 28, 2014
 
September 27, 2015
 
September 28, 2014
 
(Dollars in thousands)
Revenue
 
 
 
 
 
 
 
Vascular North America
$
82,675

 
$
76,662

 
$
244,606

 
$
228,724

Anesthesia North America
47,628

 
47,203

 
138,656

 
136,185

Surgical North America
39,591

 
36,127

 
118,170

 
109,327

EMEA
120,854

 
141,146

 
379,268

 
446,061

Asia
61,935

 
62,035

 
172,506

 
174,176

OEM
38,959

 
39,174

 
111,592

 
108,966

All other
52,072

 
54,826

 
160,391

 
160,385

Consolidated net revenues
$
443,714

 
$
457,173

 
$
1,325,189

 
$
1,363,824

 
 
 
Three Months Ended
 
Nine Months Ended
 
September 27, 2015
 
September 28, 2014
 
September 27, 2015
 
September 28, 2014
 
(Dollars in thousands)
Operating profit
 
 
 
 
 
 
 
Vascular North America
$
18,086

 
$
15,302

 
$
50,891

 
$
41,011

Anesthesia North America
15,178

 
11,966

 
36,572

 
27,330

Surgical North America
12,814

 
12,394

 
39,456

 
37,308

EMEA
19,656

 
28,810

 
65,334

 
85,771

Asia
15,715

 
14,785

 
42,812

 
44,718

OEM
8,865

 
9,651

 
25,274

 
24,551

All other
5,551

 
6,464

 
15,499

 
16,874

Total segment operating profit (1)
95,865

 
99,372

 
275,838

 
277,563

Unallocated expenses (2)
(19,315
)
 
(17,437
)
 
(56,694
)
 
(61,856
)
Income from continuing operations before interest, extinguishment of debt and taxes
$
76,550

 
$
81,935

 
$
219,144

 
$
215,707

(1)
Segment operating profit includes segment net revenues from external customers reduced by its standard cost of goods sold, adjusted for fixed manufacturing cost absorption variances, selling, general and administrative expenses, research and development expenses and an allocation of corporate expenses. Corporate expenses are allocated among the segments in proportion to the respective amounts of one of several items (such as sales, numbers of employees, and amount of time spent), depending on the category of expense involved.
(2)
Unallocated expenses primarily include manufacturing variances, with the exception of fixed manufacturing cost absorption variances, restructuring charges and gain on sale of assets.
 
Three Months Ended
 
Nine Months Ended
 
September 27, 2015
 
September 28, 2014
 
September 27, 2015
 
September 28, 2014
 
(Dollars in thousands)
Depreciation and amortization
 
 
 
 
 
 
 
Vascular North America
$
9,317

 
$
8,823

 
$
27,730

 
$
26,755

Anesthesia North America
1,992

 
2,889

 
5,186

 
9,244

Surgical North America
2,867

 
909

 
7,693

 
4,944

EMEA
7,848

 
9,688

 
24,088

 
28,298

Asia
2,870

 
2,003

 
8,278

 
6,146

OEM
1,727

 
1,651

 
5,098

 
4,715

All other
4,722

 
6,476

 
13,902

 
16,152

Consolidated depreciation and amortization
$
31,343

 
$
32,439

 
$
91,975

 
$
96,254

Schedule of Revenues and Property Plant Equipment by Geographic Region
The following tables provide total net revenues for the three and nine months ended September 27, 2015 and September 28, 2014 and total net property, plant and equipment by geographic region as of September 27, 2015 and December 31, 2014:
 
Three Months Ended
 
Nine Months Ended
 
September 27, 2015
 
September 28, 2014
 
September 27, 2015
 
September 28, 2014
 
(Dollars in thousands)
Net revenue (based on selling location)
 
 
 
 
 
 
 
United States
$
240,558

 
$
231,278

 
$
710,282

 
$
676,088

Other Americas
12,961

 
14,440

 
41,524

 
44,399

Europe
134,939

 
157,797

 
419,314

 
500,763

All other
55,256

 
53,658

 
154,069

 
142,574

 
$
443,714

 
$
457,173

 
$
1,325,189

 
$
1,363,824

Schedule of Disclosure on Geographic Areas, Long-Lived Assets in Individual Foreign Countries by Country
 
September 27, 2015
 
December 31, 2014
 
(Dollars in thousands)
Net property, plant and equipment
 
 
 
United States
$
178,212

 
$
174,893

Malaysia
33,096

 
36,427

Czech Republic
33,051

 
35,655

All other
68,885

 
70,460

 
$
313,244

 
$
317,435