Acquisitions and Divestitures (Tables)

12 Months Ended

Dec. 31, 2020

Business Combinations [Abstract]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table presents the fair value of the acquired assets and liabilities assumed with respect to each acquisition:

	HPC		Z-Medica
Assets
Current assets	$	10,785	$	16,649
Property, plant and equipment	10,457		4,492
Intangible assets	179,000		332,000
Goodwill	107,127		187,939
Other assets	270		153
Total assets acquired	307,639		541,233
Less:
Current liabilities	1,568		5,068
Deferred tax liabilities	43,449		35,225
Noncurrent liability for uncertain tax positions	1,945		—
Other liabilities	—		91
Liabilities assumed	46,962		40,384
Net assets acquired	$	260,677	$	500,849

Components of Intangible Assets

The following table sets forth the components of identifiable intangible assets acquired and the ranges of the useful lives as of the date of each acquisition:

	HPC			Z-Medica
	Fair value		Useful life (years)	Fair value		Useful life (years)
Intellectual property	$	40,000	20	$	86,500	13 - 16
Trade names	—		—	47,500		25
Customer relationships	139,000		20	198,000		26

Intangible assets at December 31, 2020 and 2019 consisted of the following:

	Gross Carrying Amount				Accumulated Amortization
	2020		2019		2020		2019
Customer relationships	$	1,377,943	$	1,021,852	$	(425,692)	$	(367,585)
In-process research and development	29,627		27,940		—		—
Intellectual property	1,458,924		1,351,990		(479,612)		(402,340)
Distribution rights	23,866		23,369		(20,280)		(18,859)
Trade names	619,847		563,315		(65,955)		(50,718)
Non-compete agreements	24,592		22,618		(23,514)		(15,297)
	$	3,534,799	$	3,011,084	$	(1,015,053)	$	(854,799)