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Segment information (Tables)
9 Months Ended
Sep. 25, 2016
Segment Reporting [Abstract]  
Segment Results
The following tables present the Company’s segment results for the three and nine months ended September 25, 2016 and September 27, 2015:
 
Three Months Ended
 
Nine Months Ended
 
September 25, 2016
 
September 27, 2015
 
September 25, 2016
 
September 27, 2015
 
(Dollars in thousands)
 
(Dollars in thousands)
Revenue
 
 
 
 
 
 
 
Vascular North America
$
85,118

 
$
82,675

 
$
254,817

 
$
244,606

Anesthesia North America
48,670

 
47,628

 
143,821

 
138,656

Surgical North America
41,827

 
39,591

 
123,904

 
118,170

EMEA
121,398

 
120,854

 
375,198

 
379,268

Asia
64,087

 
61,935

 
176,434

 
172,506

OEM
41,418

 
38,959

 
115,693

 
111,592

All other
53,130

 
52,072

 
164,227

 
160,391

Consolidated net revenues
$
455,648

 
$
443,714

 
$
1,354,094

 
$
1,325,189

 
Three Months Ended
 
Nine Months Ended
 
September 25, 2016
 
September 27, 2015
 
September 25, 2016
 
September 27, 2015
 
(Dollars in thousands)
 
(Dollars in thousands)
Operating profit
 
 
 
 
 
 
 
Vascular North America
$
21,781

 
$
18,086

 
$
63,431

 
$
50,891

Anesthesia North America
13,954

 
15,178

 
41,181

 
36,572

Surgical North America
14,050

 
12,814

 
39,654

 
39,456

EMEA
16,576

 
19,656

 
61,563

 
65,334

Asia
18,072

 
15,715

 
52,831

 
42,812

OEM
10,201

 
8,865

 
24,605

 
25,274

All other
3,444

 
5,551

 
16,623

 
15,499

Total segment operating profit (1)
98,078

 
95,865

 
299,888

 
275,838

Unallocated expenses (2)
(11,591
)
 
(19,315
)
 
(47,463
)
 
(56,694
)
Income from continuing operations before interest, loss on extinguishment of debt and taxes
$
86,487

 
$
76,550

 
$
252,425

 
$
219,144

(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.