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Pay vs Performance Disclosure
Unit_pure in Millions
 12 Months Ended
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Pay vs Performance Disclosure [Table]      
Pay vs Performance [Table Text Block]
Pay
Versus
Performance
Disclosure
In accordance with rules adopted by the SEC pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, we provide the following disclosure regarding executive “compensation actually paid” (“CAP”) and certain Company performance measures for the fiscal years listed below. You should refer to our Compensation Discussion and Analysis section of this proxy statement for a complete description of how executive compensation relates to Company performance measures and how the Compensation Committee makes its decisions related thereto.
Pay Versus Performance Table
The following table provides the information required for our NEOs for each of the fiscal years ended December 31, 2022, December 31, 2021, and December 31, 2020 along with the financial information required to be disclosed for each fiscal year:
 
                            
Year-end value of

$100 invested on
December 31, 2019 in:
              
Year
  
Summary
Compensation
Table Total for
CEO 
(1)

$
    
Compensation
Actually Paid
to CEO 
(2)(3)

$
    
Average
Summary
Compensation
Table Total for
Non-CEO
NEOs 
(4)
$
    
Average
Compensation
Actually Paid
to Non-CEO
NEOs 
(2)(3)(4)

$
     
LNTH
$
     
S&P
600
Health
Care Index
$
    
Net Income
(in millions)
$
    
Net
Revenue
 (5)

(in millions)
$
  
2022
 
 
 9,479,445
 
 
 
 21,038,162
 
 
 
 2,968,158
 
 
 
 5,209,956
 
 
 
 248.46
 
 
 
 102.60
 
 
 
 28.1
 
 
 
 935.1  
2021
 
 
 6,185,143
 
 
 
 14,893,417
 
 
 
 1,571,289
 
 
 
 2,161,359
 
 
 
 140.86
 
 
 
 139.26
 
 
 
 -71.3
 
 
 
 425.2  
2020
 
 
 4,326,357
 
 
 
 300,587
 
 
 
 1,114,249
 
 
 
 601,962
 
 
 
 65.77
 
 
 
 131.54
 
 
 
 -13.5
 
 
 
 339.4  
(1)
The CEO in each reporting year is
Mary Anne Heino.
(2)
Subtractions from, and additions to, total compensation in the Summary Compensation Table (“SCT”) by year to calculate CAP include:
 
 
 
2022
 
 
2021
 
 
2020
 
 
 
 
CEO
($)
 
 
Average
of Other
Non-CEO
NEOs
($)
 
 
CEO
($)
 
 
Average
of Other
Non-CEO
NEOs
($)
 
 
CEO
($)
 
 
Average
of Other
Non-CEO
NEOs
($)
 
Total Compensation from SCT
     9,479,445
 
 
 
 2,968,158
 
 
 
 6,185,143
 
 
 
 1,571,289
 
 
 
 4,326,357
 
 
 
 1,114,249
 
Subtractions:
    
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
SCT Value of Stock and Option Awards
     7,246,107
 
 
 
 2,047,348
 
 
 
 4,036,516
 
 
 
 988,038
 
 
 
 2,895,255
 
 
 
 541,996
 
Adjustments:
    
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Addition: Fair value at
year-end
of awards
granted during the covered fiscal year that are
outstanding and unvested at year end
     6,639,815
 
 
 
 1,848,646
 
 
 
 6,809,771
 
 
 
 1,089,451
 
 
 
 2,169,385
 
 
 
 420,038
 
Addition (Subtraction): Year-over-year change in fair value of awards granted in any prior fiscal year that are outstanding and unvested at year end
     9,278,284
 
 
 
 1,770,326
 
 
 
 5,429,728
 
 
 
 540,943
 
 
 
 (2,315,727
) 
 
 
 (295,815
) 
Addition (Subtraction): Change as of the vesting date (from the end of the prior fiscal year) in fair value of awards granted in any prior fiscal year for which vesting conditions were satisfied at the end of or during the covered fiscal year
     2,886,725
 
 
 
 670,174
 
 
 
 505,290
 
 
 
 85,754
 
 
 
 (984,173
) 
 
 
 (94,514
) 
(Subtraction): Fair value at end of prior year
of awards granted in any prior fiscal year that
fail to meet the applicable vesting conditions
during the covered fiscal year
     0
 
 
 
 0
 
 
 
 0
 
 
 
 (138,040
) 
 
 
 0
 
 
 
 0
 
Compensation Actually Paid (as calculated)
     21,038,162
 
 
 
 5,209,956
 
 
 
 14,893,417
 
 
 
 2,161,359
 
 
 
 300,587
 
 
 
 601,962
 
 
(3)
No stock options vested in 2022, 2021 or 2020, The following table illustrates the valuation assumptions as of the vesting date for awards that vested in each of 2022, 2021 and 2020:
 
Award Type Vesting
  
Weighted Average Fair Value
 
  
2022
 
  
2021
 
  
2020
 
RSUs
  
$
52.93
 
  
$
19.52
 
  
$
14.64
 
PSUs
  
$
46.63
 
  
$
19.06
 
  
$
16.57
 
The value of awards outstanding and unvested as of each fiscal year end were based on our closing stock prices of $50.96
as of
 
December 31, 2022, $28.89
as of December 31, 2021,
$13.49
as of December 31, 2020, and $20.51 on December 31, 2019 and were computed in accordance with FASB ASC Topic 718, excluding the effect of estimated forfeitures. The assumptions used in valuation of stock-based awards are discussed in Note 16 in our Audited Consolidated Financial Statements included in our Annual Report on Form
10-K
for the fiscal year ended December 31, 2022. The probable outcome of outstanding PSU awards as a percent of target as of December 31, 2022, December 31, 2021, December 31, 2020, and December 31, 2019 is highlighted
below:
 
Year Granted
  
Probable Outcome of Outstanding PSUs (% of Target)
 
  
December 31,
2019
 
 
December 31,
2020
 
 
December 31,
2021
 
 
December 31,
2022
 
2018
  
 
126
% 
 
 
58
% 
 
 
—
 
 
 
—
 
2019
  
 
166
% 
 
 
105
% 
 
 
188
% 
 
 
—
 
2020
  
 
—
 
 
 
116
% 
 
 
178
% 
 
 
200
% 
2021
  
 
—
 
 
 
—
 
 
 
190
% 
 
 
199
% 
2022
  
 
—
 
 
 
—
 
 
 
—
 
 
 
165
% 
 
(4)
Non-CEO
NEOs reflect the average Summary Compensation Table total compensation and average CAP for the following executives by year:
 
 
a.
2022: Robert J. Marshall, Jr. (Chief Financial Officer and Treasurer), Paul M. Blanchfield (Chief Operating Officer), Etienne Montagut (Chief Business Officer), Daniel M. Niedzwiecki (Senior Vice President, General Counsel and Corporate Secretary)
 
 
b.
2021: Robert J. Marshall, Jr. (Chief Financial Officer and Treasurer), Paul M. Blanchfield (Chief Commercial Officer), Etienne Montagut (Chief Business Officer), Daniel M. Niedzwiecki (Senior Vice President, General Counsel and Corporate Secretary), John Bolla (Former Chief Operations Officer), Dr. Istvan Molnar (Former Chief Medical Officer)
 
 
c.
2020: Robert J. Marshall, Jr. (Chief Financial Officer), John Bolla (Chief Operations Officer), Michael P. Duffy (Senior Vice President, Law and Public Policy and General Counsel), Dr. Istvan Molnar (Chief Medical Officer)
 
(5)
GAAP Revenue equals Net Revenue, so no reconciliations are required for 2022, 2021, or 2020. See our 2022 Annual Report on Form
10-K
for the year ended December 31, 2022.
   
Company Selected Measure Name Net Revenue    
Named Executive Officers, Footnote [Text Block]
(4)
Non-CEO
NEOs reflect the average Summary Compensation Table total compensation and average CAP for the following executives by year:
 
 
a.
2022: Robert J. Marshall, Jr. (Chief Financial Officer and Treasurer), Paul M. Blanchfield (Chief Operating Officer), Etienne Montagut (Chief Business Officer), Daniel M. Niedzwiecki (Senior Vice President, General Counsel and Corporate Secretary)
 
 
b.
2021: Robert J. Marshall, Jr. (Chief Financial Officer and Treasurer), Paul M. Blanchfield (Chief Commercial Officer), Etienne Montagut (Chief Business Officer), Daniel M. Niedzwiecki (Senior Vice President, General Counsel and Corporate Secretary), John Bolla (Former Chief Operations Officer), Dr. Istvan Molnar (Former Chief Medical Officer)
 
 
c.
2020: Robert J. Marshall, Jr. (Chief Financial Officer), John Bolla (Chief Operations Officer), Michael P. Duffy (Senior Vice President, Law and Public Policy and General Counsel), Dr. Istvan Molnar (Chief Medical Officer)
   
PEO Total Compensation Amount $ 9,479,445 $ 6,185,143 $ 4,326,357
PEO Actually Paid Compensation Amount $ 21,038,162 14,893,417 300,587
Adjustment To PEO Compensation, Footnote [Text Block]
(2)
Subtractions from, and additions to, total compensation in the Summary Compensation Table (“SCT”) by year to calculate CAP include:
 
 
 
2022
 
 
2021
 
 
2020
 
 
 
 
CEO
($)
 
 
Average
of Other
Non-CEO
NEOs
($)
 
 
CEO
($)
 
 
Average
of Other
Non-CEO
NEOs
($)
 
 
CEO
($)
 
 
Average
of Other
Non-CEO
NEOs
($)
 
Total Compensation from SCT
     9,479,445
 
 
 
 2,968,158
 
 
 
 6,185,143
 
 
 
 1,571,289
 
 
 
 4,326,357
 
 
 
 1,114,249
 
Subtractions:
    
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
SCT Value of Stock and Option Awards
     7,246,107
 
 
 
 2,047,348
 
 
 
 4,036,516
 
 
 
 988,038
 
 
 
 2,895,255
 
 
 
 541,996
 
Adjustments:
    
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Addition: Fair value at
year-end
of awards
granted during the covered fiscal year that are
outstanding and unvested at year end
     6,639,815
 
 
 
 1,848,646
 
 
 
 6,809,771
 
 
 
 1,089,451
 
 
 
 2,169,385
 
 
 
 420,038
 
Addition (Subtraction): Year-over-year change in fair value of awards granted in any prior fiscal year that are outstanding and unvested at year end
     9,278,284
 
 
 
 1,770,326
 
 
 
 5,429,728
 
 
 
 540,943
 
 
 
 (2,315,727
) 
 
 
 (295,815
) 
Addition (Subtraction): Change as of the vesting date (from the end of the prior fiscal year) in fair value of awards granted in any prior fiscal year for which vesting conditions were satisfied at the end of or during the covered fiscal year
     2,886,725
 
 
 
 670,174
 
 
 
 505,290
 
 
 
 85,754
 
 
 
 (984,173
) 
 
 
 (94,514
) 
(Subtraction): Fair value at end of prior year
of awards granted in any prior fiscal year that
fail to meet the applicable vesting conditions
during the covered fiscal year
     0
 
 
 
 0
 
 
 
 0
 
 
 
 (138,040
) 
 
 
 0
 
 
 
 0
 
Compensation Actually Paid (as calculated)
     21,038,162
 
 
 
 5,209,956
 
 
 
 14,893,417
 
 
 
 2,161,359
 
 
 
 300,587
 
 
 
 601,962
 
    
Non-PEO NEO Average Total Compensation Amount $ 2,968,158 1,571,289 1,114,249
Non-PEO NEO Average Compensation Actually Paid Amount $ 5,209,956 2,161,359 601,962
Adjustment to Non-PEO NEO Compensation Footnote [Text Block]
(2)
Subtractions from, and additions to, total compensation in the Summary Compensation Table (“SCT”) by year to calculate CAP include:
 
 
 
2022
 
 
2021
 
 
2020
 
 
 
 
CEO
($)
 
 
Average
of Other
Non-CEO
NEOs
($)
 
 
CEO
($)
 
 
Average
of Other
Non-CEO
NEOs
($)
 
 
CEO
($)
 
 
Average
of Other
Non-CEO
NEOs
($)
 
Total Compensation from SCT
     9,479,445
 
 
 
 2,968,158
 
 
 
 6,185,143
 
 
 
 1,571,289
 
 
 
 4,326,357
 
 
 
 1,114,249
 
Subtractions:
    
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
SCT Value of Stock and Option Awards
     7,246,107
 
 
 
 2,047,348
 
 
 
 4,036,516
 
 
 
 988,038
 
 
 
 2,895,255
 
 
 
 541,996
 
Adjustments:
    
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Addition: Fair value at
year-end
of awards
granted during the covered fiscal year that are
outstanding and unvested at year end
     6,639,815
 
 
 
 1,848,646
 
 
 
 6,809,771
 
 
 
 1,089,451
 
 
 
 2,169,385
 
 
 
 420,038
 
Addition (Subtraction): Year-over-year change in fair value of awards granted in any prior fiscal year that are outstanding and unvested at year end
     9,278,284
 
 
 
 1,770,326
 
 
 
 5,429,728
 
 
 
 540,943
 
 
 
 (2,315,727
) 
 
 
 (295,815
) 
Addition (Subtraction): Change as of the vesting date (from the end of the prior fiscal year) in fair value of awards granted in any prior fiscal year for which vesting conditions were satisfied at the end of or during the covered fiscal year
     2,886,725
 
 
 
 670,174
 
 
 
 505,290
 
 
 
 85,754
 
 
 
 (984,173
) 
 
 
 (94,514
) 
(Subtraction): Fair value at end of prior year
of awards granted in any prior fiscal year that
fail to meet the applicable vesting conditions
during the covered fiscal year
     0
 
 
 
 0
 
 
 
 0
 
 
 
 (138,040
) 
 
 
 0
 
 
 
 0
 
Compensation Actually Paid (as calculated)
     21,038,162
 
 
 
 5,209,956
 
 
 
 14,893,417
 
 
 
 2,161,359
 
 
 
 300,587
 
 
 
 601,962
 
    
Compensation Actually Paid vs. Total Shareholder Return [Text Block]
CAP and Cumulative TSR / Cumulative TSR of the Peer Group
 
 
    
Compensation Actually Paid vs. Net Income [Text Block]
 
CAP
and Company Net Income
 
 
    
Compensation Actually Paid vs. Company Selected Measure [Text Block]
CAP and Company
Net
Revenue
 
 
    
Total Shareholder Return Vs Peer Group [Text Block]
CAP and Cumulative TSR / Cumulative TSR of the Peer Group
 
 
    
Tabular List [Table Text Block]
Tabular List of Financial Performance Measures
In our assessment, the most important financial performance measures used to link CAP (as calculated in accordance with the SEC rules) to our NEOs in 2022 to our performance were:
 

 
•
 
Net Revenue
;
 
•
 
Bonus EPS;
 
and
 
•
 
rTSR versus the S&P 600 Health Care Index.
    
Total Shareholder Return Amount $ 102.6 139.26 131.54
Peer Group Total Shareholder Return Amount 248.46 140.86 65.77
Net Income (Loss) $ 28,100,000 $ (71,300,000) $ (13,500,000)
Company Selected Measure Amount 935.1 425.2 339.4
PEO Name Mary Anne Heino.    
Closing Stock Prices $ 50.96 $ 28.89 $ 13.49
Measure [Axis]: 1      
Pay vs Performance Disclosure [Table]      
Measure Name Net Revenue    
Non-GAAP Measure Description [Text Block] GAAP Revenue equals Net Revenue, so no reconciliations are required for 2022, 2021, or 2020. See our 2022 Annual Report on Form
10-K
for the year ended December 31, 2022. 		   
Measure [Axis]: 2      
Pay vs Performance Disclosure [Table]      
Measure Name Bonus EPS    
Measure [Axis]: 3      
Pay vs Performance Disclosure [Table]      
Measure Name rTSR versus the S&P 600 Health Care Index    
PEO [Member] | SCT Value of Stock and Option Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ 7,246,107 4,036,516 2,895,255
PEO [Member] | Fair value at yearend of awards granted during the covered fiscal year that are outstanding and unvested at yearend [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 6,639,815 6,809,771 2,169,385
PEO [Member] | Year over year change in fair value of awards granted in any prior fiscal year that are outstanding and unvested at year end [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 9,278,284 5,429,728 (2,315,727)
PEO [Member] | Change as of the vesting date (from the end of the prior fiscal year) in fair value of awards granted in any prior fiscal year for which vesting conditions were satisfied during such year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 2,886,725 505,290 (984,173)
PEO [Member] | Fair value at end of prior year of awards granted in any prior fiscal year that fail to meet the applicable vesting conditions during such year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 0 0 0
Non-PEO NEO [Member] | SCT Value of Stock and Option Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 2,047,348 988,038 541,996
Non-PEO NEO [Member] | Fair value at yearend of awards granted during the covered fiscal year that are outstanding and unvested at yearend [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 1,848,646 1,089,451 420,038
Non-PEO NEO [Member] | Year over year change in fair value of awards granted in any prior fiscal year that are outstanding and unvested at year end [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 1,770,326 540,943 (295,815)
Non-PEO NEO [Member] | Change as of the vesting date (from the end of the prior fiscal year) in fair value of awards granted in any prior fiscal year for which vesting conditions were satisfied during such year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 670,174 85,754 (94,514)
Non-PEO NEO [Member] | Fair value at end of prior year of awards granted in any prior fiscal year that fail to meet the applicable vesting conditions during such year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ 0 $ (138,040) $ 0