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Pay vs Performance Disclosure - USD ($)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table
Pay Versus Performance
This section should be read in conjunction with the
“Compensation Discussion and Analysis”
section of this Proxy Statement, which includes additional discussion of the objectives of our executive compensation program and how they are aligned with our financial and operational performance.
As required by Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act and item 402(v) of Regulation
S-K,
we are providing the following information about the relationship between executive compensation actually paid (“CAP”) to our principal executive officer (“PEO”) and our
non-PEO
NEOs, as defined by SEC rules, and certain of our financial performance measures. For further information concerning our
pay-for-performance
philosophy and how we align executive compensation with the Company’s performance, refer to the
“Compensation Discussion and Analysis”
section of this Proxy Statement.
Pay Versus Performance Table
 
                           
 
Value of Initial Fixed $100
Investment Based On:
        
Year
 (1)
  
Summary
Compensation
Table Total
for First PEO
($)
  
Compensation
Actually Paid
to First PEO
(2)
($)
  
Summary
Compensation
Table Total
for Second
PEO
($)
  
Compensation
Actually Paid
to Second
PEO 
(2)
($)
  
Average
Summary
Compensation
Table Total
for
non-PEO

NEOs
($)
  
Average
Compensation
Actually Paid
for
non-PEO

NEOs 
(2)
($)
  
LNTH Total
Shareholder
Return
($)
  
Peer Group
Total
Shareholder
Return 
(3)
($)
  
Net
Income
(Loss)
(in mil.)
($)
  
Net
Revenue
(in mil.) 
(4)
($)
2024
     $ 13,400,697     $ 18,842,599     $ 787,596     $ 9,638,155     $ 4,201,897     $ 7,579,287     $ 436.18     $ 122.71     $ 312.4     $ 1,533.9 
2023
     $ 12,578,845     $ 19,689,764       N/A       N/A     $ 3,956,571     $ 4,739,128     $ 302.29     $ 116.57     $ 326.7     $ 1,296.4 
2022
     $ 9,479,445     $ 21,038,162       N/A       N/A     $ 2,968,158     $ 5,209,956     $ 248.46     $ 115.97     $ 28.1     $ 935.1 
2021
     $ 6,185,143     $ 14,893,416       N/A       N/A     $ 1,571,289     $ 2,161,359     $ 140.86     $ 145.06     $ (71.3 )     $ 425.2 
2020
     $ 4,326,357     $ 300,587       N/A       N/A     $ 1,114,249     $ 601,962     $ 65.77     $ 130.27     $ (13.5 )     $ 339.4 
 
(1)
Mary Anne Heino is the First PEO for the fiscal years ended December 31, 2020, 2021, 2022, and 2023, and the Second PEO for the fiscal year ended December 31, 2024. Brian A. Markison is the First PEO for the fiscal year ended December 31, 2024. The categorization of the PEOs was determined based on who held the role of PEO as of the end of each covered fiscal year. The
non-PEO
NEOs reflect the following individuals in each year:
2024: Robert J. Marshall, Jr., Paul M. Blanchfield, Amanda M. Morgan, Daniel M. Niedzwiecki, Dr. Jean-Claude Provost, Etienne Montagut
2023: Robert J. Marshall, Jr., Paul M. Blanchfield, Daniel M. Niedzwiecki, Dr. Jean-Claude Provost
2022: Robert J. Marshall, Jr., Paul M. Blanchfield, Etienne Montagut, Daniel M. Niedzwiecki
2021: Robert J. Marshall, Jr., Paul M. Blanchfield, Etienne Montagut, Daniel M. Niedzwiecki, John Bolla, Dr. Istvan Molnar
2020: Robert J. Marshall, Jr., John Bolla, Michael P. Duffy, Dr. Istvan Molnar
 
(2)
“Compensation Actually Paid” to the PEO and
non-PEO
NEOs reflects the following adjustments from “total compensation” reported in the Summary Compensation Table:
 
    
 
2024
     
 
2023
    
 
2022
    
 
2021
    
 
2020
  
 
 
   
First PEO
$
    
Second PEO
$
     
First PEO
$
    
First PEO
$
    
First PEO
$
    
First PEO
$
  
Summary Compensation Table Total
      13,400,697       787,596        12,578,845       9,479,445       6,185,143       4,326,357  
Adjustments for Stock and Option Awards:
   
 
 
 
 
 
 
  
 
 
 
 
 
 
   
 
 
 
 
 
 
  
 
 
 
 
 
 
  
 
 
 
 
 
 
  
 
 
 
 
 
 
(Subtraction): Value of “Stock Awards” and “Option Awards” reported in Summary Compensation Table
      (11,106,152 )      —        (10,207,442 )      (7,246,107 )      (4,036,516 )      (2,895,255 ) 
Addition:
Year-end
fair value of equity awards granted during the covered fiscal year that were outstanding and unvested at the covered fiscal year end
      16,486,730       476,619        8,152,008       6,639,815       6,809,771       2,169,385  
Addition (Subtraction): year-over-year change in fair value at covered fiscal year end of equity awards granted in prior fiscal years that were outstanding and unvested at the covered fiscal year end
      —       7,712,613        4,392,380       9,278,284       5,429,728       (2,315,727 ) 
Addition (Subtraction): Change as of the vesting date (from the end of the prior fiscal year) in fair value of equity awards granted in prior fiscal years that vested in the covered fiscal year
      61,324       661,327        4,773,973       2,886,725       505,290       (984,173 ) 
(Subtraction): Fair value at the end of the prior year of awards granted in any prior fiscal year that fail to meet the applicable vesting conditions during the covered fiscal year
      —       —        —       —       —       —  
Compensation Actually Paid (as calculated)
      18,842,599       9,638,155        19,689,764       21,038,162       14,893,416       300,587  
 
 
    
 
2024
    
 
2023
    
 
2022
    
 
2021
    
 
2020
  
 
 
   
Average
of
non-PEO

NEOs
$
    
Average
of
non-PEO

NEOs
$
    
Average
of
non-PEO

NEOs
$
    
Average
of
non-PEO

NEOs
$
    
Average
of
non-PEO

NEOs
$
  
Summary Compensation Table Total
      4,201,897       3,956,571       2,968,158       1,571,289       1,114,249  
Adjustments for Stock and Option Awards:
   
 
 
 
 
 
 
  
 
 
 
 
 
 
  
 
 
 
 
 
 
  
 
 
 
 
 
 
  
 
 
 
 
 
 
(Subtraction): Value of “Stock Awards” and “Option Awards” reported in Summary Compensation Table
      (3,289,879 )      (2,881,763 )      (2,047,348 )      (988,038 )      (541,996 ) 
Addition:
Year-end
fair value of equity awards granted during the covered fiscal year that were outstanding and unvested at the covered fiscal year end
      4,922,192       2,230,819       1,848,646       1,089,451       420,038  
Addition (Subtraction): year-over-year change in fair value at covered fiscal year end of equity awards granted in prior fiscal years that were outstanding and unvested at the covered fiscal year end
      1,589,744       834,986       1,770,326       540,943       (295,815 ) 
Addition (Subtraction): Change as of the vesting date (from the end of the prior fiscal year) in fair value of equity awards granted in prior fiscal years that vested in the covered fiscal year
      155,333       598,515       670,174       85,754       (94,514 ) 
(Subtraction): Fair value at the end of the prior year of awards granted in any prior fiscal year that fail to meet the applicable vesting conditions during the covered fiscal year
      —       —       —       (138,040 )      —  
Compensation Actually Paid (as calculated)
      7,579,287       4,739,128       5,209,956       2,161,359       601,962  
CAP does not correlate to the total amount of cash and equity compensation realized during each fiscal year and is different from “realizable” or “realized” compensation as reported in the
“Compensation Discussion and Analysis”
section of this Proxy Statement
.
Instead, it is a nuanced calculation that includes the increase or decrease in value of certain elements of compensation over each fiscal year, including compensation granted in a prior fiscal year, in accordance with Item 402(v) of Regulation
S-K.
Given a significant amount of “Compensation Actually Paid” is dependent on our stock price at a specific point in time, it is important to note that the values could have been significantly different if other measurement dates were chosen. The amount of compensation ultimately received may, in fact, be different from the amounts disclosed in these columns of the Pay Versus Performance Table.
 
(3)
The peer group TSR set forth in this table utilizes the S&P 400 Health Care Index, which we also utilized as our comparator group for our 2024 rTSR PSUs. The comparison assumes $100 was invested for the period starting December 31, 2019, through the end of the listed year in LNTH and in the S&P 400 Health Care Index. Historical stock price performance is not necessarily indicative of future stock price performance.
 
(4)
Net Revenue represents the most important financial performance measure (that is not otherwise required to be disclosed in the Pay Versus Performance Table) used by us to link CAP to our NEOs, including our PEOs, to our performance for the most recently completed fiscal year. Net Revenue is equivalent to GAAP Revenue as disclosed in our Annual Report on Form
10-K
for the fiscal year ended December 31, 2024, filed with the SEC on February 26, 2025.
       
Company Selected Measure Name Net Revenue        
Named Executive Officers, Footnote
(1)
Mary Anne Heino is the First PEO for the fiscal years ended December 31, 2020, 2021, 2022, and 2023, and the Second PEO for the fiscal year ended December 31, 2024. Brian A. Markison is the First PEO for the fiscal year ended December 31, 2024. The categorization of the PEOs was determined based on who held the role of PEO as of the end of each covered fiscal year. The
non-PEO
NEOs reflect the following individuals in each year:
2024: Robert J. Marshall, Jr., Paul M. Blanchfield, Amanda M. Morgan, Daniel M. Niedzwiecki, Dr. Jean-Claude Provost, Etienne Montagut
2023: Robert J. Marshall, Jr., Paul M. Blanchfield, Daniel M. Niedzwiecki, Dr. Jean-Claude Provost
2022: Robert J. Marshall, Jr., Paul M. Blanchfield, Etienne Montagut, Daniel M. Niedzwiecki
2021: Robert J. Marshall, Jr., Paul M. Blanchfield, Etienne Montagut, Daniel M. Niedzwiecki, John Bolla, Dr. Istvan Molnar
       
Peer Group Issuers, Footnote
(3)
The peer group TSR set forth in this table utilizes the S&P 400 Health Care Index, which we also utilized as our comparator group for our 2024 rTSR PSUs. The comparison assumes $100 was invested for the period starting December 31, 2019, through the end of the listed year in LNTH and in the S&P 400 Health Care Index. Historical stock price performance is not necessarily indicative of future stock price performance.
       
Adjustment To PEO Compensation, Footnote
(2)
“Compensation Actually Paid” to the PEO and
non-PEO
NEOs reflects the following adjustments from “total compensation” reported in the Summary Compensation Table:
 
    
 
2024
     
 
2023
    
 
2022
    
 
2021
    
 
2020
  
 
 
   
First PEO
$
    
Second PEO
$
     
First PEO
$
    
First PEO
$
    
First PEO
$
    
First PEO
$
  
Summary Compensation Table Total
      13,400,697       787,596        12,578,845       9,479,445       6,185,143       4,326,357  
Adjustments for Stock and Option Awards:
   
 
 
 
 
 
 
  
 
 
 
 
 
 
   
 
 
 
 
 
 
  
 
 
 
 
 
 
  
 
 
 
 
 
 
  
 
 
 
 
 
 
(Subtraction): Value of “Stock Awards” and “Option Awards” reported in Summary Compensation Table
      (11,106,152 )      —        (10,207,442 )      (7,246,107 )      (4,036,516 )      (2,895,255 ) 
Addition:
Year-end
fair value of equity awards granted during the covered fiscal year that were outstanding and unvested at the covered fiscal year end
      16,486,730       476,619        8,152,008       6,639,815       6,809,771       2,169,385  
Addition (Subtraction): year-over-year change in fair value at covered fiscal year end of equity awards granted in prior fiscal years that were outstanding and unvested at the covered fiscal year end
      —       7,712,613        4,392,380       9,278,284       5,429,728       (2,315,727 ) 
Addition (Subtraction): Change as of the vesting date (from the end of the prior fiscal year) in fair value of equity awards granted in prior fiscal years that vested in the covered fiscal year
      61,324       661,327        4,773,973       2,886,725       505,290       (984,173 ) 
(Subtraction): Fair value at the end of the prior year of awards granted in any prior fiscal year that fail to meet the applicable vesting conditions during the covered fiscal year
      —       —        —       —       —       —  
Compensation Actually Paid (as calculated)
      18,842,599       9,638,155        19,689,764       21,038,162       14,893,416       300,587  
        
Non-PEO NEO Average Total Compensation Amount $ 4,201,897 $ 3,956,571 $ 2,968,158 $ 1,571,289 $ 1,114,249
Non-PEO NEO Average Compensation Actually Paid Amount $ 7,579,287 4,739,128 5,209,956 2,161,359 601,962
Adjustment to Non-PEO NEO Compensation Footnote
    
 
2024
    
 
2023
    
 
2022
    
 
2021
    
 
2020
  
 
 
   
Average
of
non-PEO

NEOs
$
    
Average
of
non-PEO

NEOs
$
    
Average
of
non-PEO

NEOs
$
    
Average
of
non-PEO

NEOs
$
    
Average
of
non-PEO

NEOs
$
  
Summary Compensation Table Total
      4,201,897       3,956,571       2,968,158       1,571,289       1,114,249  
Adjustments for Stock and Option Awards:
   
 
 
 
 
 
 
  
 
 
 
 
 
 
  
 
 
 
 
 
 
  
 
 
 
 
 
 
  
 
 
 
 
 
 
(Subtraction): Value of “Stock Awards” and “Option Awards” reported in Summary Compensation Table
      (3,289,879 )      (2,881,763 )      (2,047,348 )      (988,038 )      (541,996 ) 
Addition:
Year-end
fair value of equity awards granted during the covered fiscal year that were outstanding and unvested at the covered fiscal year end
      4,922,192       2,230,819       1,848,646       1,089,451       420,038  
Addition (Subtraction): year-over-year change in fair value at covered fiscal year end of equity awards granted in prior fiscal years that were outstanding and unvested at the covered fiscal year end
      1,589,744       834,986       1,770,326       540,943       (295,815 ) 
Addition (Subtraction): Change as of the vesting date (from the end of the prior fiscal year) in fair value of equity awards granted in prior fiscal years that vested in the covered fiscal year
      155,333       598,515       670,174       85,754       (94,514 ) 
(Subtraction): Fair value at the end of the prior year of awards granted in any prior fiscal year that fail to meet the applicable vesting conditions during the covered fiscal year
      —       —       —       (138,040 )      —  
Compensation Actually Paid (as calculated)
      7,579,287       4,739,128       5,209,956       2,161,359       601,962  
        
Compensation Actually Paid vs. Total Shareholder Return
CAP and Cumulative TSR / Cumulative TSR of the Peer Group
 
 
LOGO 		       
Compensation Actually Paid vs. Net Income
CAP and Company Net Income
 
 
LOGO 		       
Compensation Actually Paid vs. Company Selected Measure
CAP and Company Net Revenue
 
 
LOGO 		       
Total Shareholder Return Vs Peer Group
CAP and Cumulative TSR / Cumulative TSR of the Peer Group
 
 
LOGO 		       
Tabular List, Table
Tabular List of Financial Performance Measures
As described in greater detail in the
“Compensation Discussion and Analysis”
section of this Proxy Statement, our executive compensation program reflects a
pay-for-performance
philosophy. We utilize metrics for our short- and long-term incentive compensation program based on an objective of driving profitable growth and increasing shareholder value. Listed below are the financial performance measures which, in our assessment, represent the most important performance measures we used to link CAP in 2024 to our NEOs, including our PEOs, to company performance. Of these measures, we have identified Net Revenue as the most important of our financial performance measures.
 
•  
Net Revenue;
 
•  
Bonus EPS; and
 
•  
rTSR.
       
Total Shareholder Return Amount $ 436.18 302.29 248.46 140.86 65.77
Peer Group Total Shareholder Return Amount 122.71 116.57 115.97 145.06 130.27
Net Income (Loss) $ 312,400,000 $ 326,700,000 $ 28,100,000 $ (71,300,000) $ (13,500,000)
Company Selected Measure Amount 1,533,900,000 1,296,400,000 935,100,000 425,200,000 339,400,000
Measure:: 1          
Pay vs Performance Disclosure          
Name Net Revenue        
Non-GAAP Measure Description Net Revenue is equivalent to GAAP Revenue as disclosed in our Annual Report on Form
10-K
for the fiscal year ended December 31, 2024, filed with the SEC on February 26, 2025. 		       
Measure:: 2          
Pay vs Performance Disclosure          
Name Bonus EPS        
Measure:: 3          
Pay vs Performance Disclosure          
Name rTSR        
Mary Anne Heino [Member]          
Pay vs Performance Disclosure          
PEO Total Compensation Amount $ 13,400,697 $ 12,578,845 $ 9,479,445 $ 6,185,143 $ 4,326,357
PEO Actually Paid Compensation Amount 18,842,599 $ 19,689,764 $ 21,038,162 $ 14,893,416 $ 300,587
PEO Name   Mary Anne Heino Mary Anne Heino Mary Anne Heino Mary Anne Heino
Brian A. Markison [Member]          
Pay vs Performance Disclosure          
PEO Total Compensation Amount 787,596        
PEO Actually Paid Compensation Amount $ 9,638,155        
PEO Name Brian A. Markison        
PEO | Mary Anne Heino [Member] | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ (11,106,152) $ (10,207,442) $ (7,246,107) $ (4,036,516) $ (2,895,255)
PEO | Mary Anne Heino [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 16,486,730 8,152,008 6,639,815 6,809,771 2,169,385
PEO | Mary Anne Heino [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 4,392,380 9,278,284 5,429,728 (2,315,727)
PEO | Mary Anne Heino [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 61,324 4,773,973 2,886,725 505,290 (984,173)
PEO | Mary Anne Heino [Member] | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0 0 0 0
PEO | Brian A. Markison [Member] | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0        
PEO | Brian A. Markison [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 476,619        
PEO | Brian A. Markison [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 7,712,613        
PEO | Brian A. Markison [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 661,327        
PEO | Brian A. Markison [Member] | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0        
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (3,289,879) (2,881,763) (2,047,348) (988,038) (541,996)
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 4,922,192 2,230,819 1,848,646 1,089,451 420,038
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 1,589,744 834,986 1,770,326 540,943 (295,815)
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 155,333 598,515 670,174 85,754 (94,514)
Non-PEO NEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 0 $ 0 $ 0 $ (138,040) $ 0