PROPERTY AND EQUIPMENT

9 Months Ended

Sep. 30, 2022

PROPERTY AND EQUIPMENT [Abstract]

Property And Equipment

NOTE 8. PROPERTY AND EQUIPMENT

Property and equipment included the following:

	Useful	September 30,		December 31,
(In thousands)	Life	2022		2021
Land	—	$	8,248	$	8,296
Buildings and improvements	31.5		47,233		44,672
Equipment	5-15		136,717		113,301
Instruments	5		303,656		285,762
Modules and cases	5		46,869		44,185
Other property and equipment	3-5		26,536		30,435
			569,259		526,651
Less: accumulated depreciation			(332,917)		(305,575)
Total		$	236,342	$	221,076

Instruments are hand-held devices used by surgeons to install implants during surgery. Modules and cases are used to store and transport the instruments and implants.

Depreciation expense related to property and equipment was as follows:

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
(In thousands)	2022			2021	2022		2021
Depreciation	$	13,254	$	12,178	$	38,113	$	39,068