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Business Segment, Product, and Geographic Information
12 Months Ended
Dec. 31, 2021
Segment Reporting [Abstract]  
Business Segment, Product and Geographic Information

11.    Business Segment, Product and Geographic Information

The Company operates in one segment based upon the Company’s organizational structure, the way in which the operations and investments are managed and evaluated by the chief operating decision maker, or the CODM, as well as the lack of availability of discrete financial information at a lower level. The Company’s CODM reviews net sales at the product line offering level, and manufacturing, operating income and expenses, and net income at the Company wide level to allocate resources and assess the Company’s overall performance. The Company shares common, centralized support functions, including finance, human resources, legal, information technology, and corporate marketing, all of which report directly to the CODM. Accordingly, decision-making regarding the Company’s overall operating performance and allocation of Company resources is assessed on a consolidated basis. The Company has disclosed the net sales for each of its product line offerings to provide the reader of the financial statements transparency into the operations of the Company.

The Company reports under two distinct product lines; spinal hardware and surgical support. The Company’s spinal hardware product line offerings include implants and fixation products. The Company’s surgical support product offerings include IONM services, disposables and biologics, and capital equipment, all of which are used to aid spinal surgery.

Net sales by product line was as follows:

 

 

 

Year Ended December 31,

 

(in thousands)

 

2021

 

 

2020

 

 

2019

 

Spinal hardware

 

$

856,556

 

 

$

783,510

 

 

$

851,440

 

Surgical support

 

 

282,432

 

 

 

267,072

 

 

 

316,630

 

Total net sales

 

$

1,138,988

 

 

$

1,050,582

 

 

$

1,168,070

 

 

Net sales and property and equipment, net, by geographic area were as follows:

 

 

Net Sales

 

 

Property and Equipment, Net

 

 

 

Year Ended December 31,

 

 

December 31,

 

(in thousands)

 

2021

 

 

2020

 

 

2019

 

 

2021

 

 

2020

 

United States

 

$

876,614

 

 

$

821,824

 

 

$

941,086

 

 

$

256,688

 

 

$

239,802

 

International (excludes Puerto Rico)

 

 

262,374

 

 

 

228,758

 

 

 

226,984

 

 

 

46,976

 

 

 

46,567

 

Total

 

$

1,138,988

 

 

$

1,050,582

 

 

$

1,168,070

 

 

$

303,664

 

 

$

286,369