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Business Segments
6 Months Ended
Jun. 30, 2015
Segment Reporting [Abstract]  
Business Segments
Business Segments
We are accounting and reporting for our business as a single operating segment entity engaged in the development, manufacturing and sale on a global basis of surgical devices and related equipment. Our chief operating decision maker (the CEO) evaluates the various global product portfolios on a net sales basis and evaluates profitability, investment and cash flow metrics on a consolidated worldwide basis due to shared infrastructure and resources.
Our product lines consist of orthopedic surgery, general surgery and surgical visualization. Orthopedic surgery consists of sports medicine instrumentation and small bone, large bone and specialty powered surgical instruments and service fees related to the promotion and marketing of sports medicine allograft tissue. General surgery consists of a complete line of endo-mechanical instrumentation for minimally invasive laparoscopic and gastrointestinal procedures, a line of cardiac monitoring products as well as electrosurgical generators and related instruments. Surgical visualization consists of imaging systems for use in minimally invasive orthopedic and general surgery procedures including 2DHD and 3DHD vision technologies. These product lines' net sales are as follows:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2015
 
2014
 
2015
 
2014
 
 
 


 
 
 


Orthopedic surgery
$
96,801

 
$
102,362

 
$
195,398

 
$
208,310

General surgery
71,111

 
70,745

 
137,173

 
134,205

Surgical visualization
13,115

 
15,043

 
26,396

 
27,576

Consolidated net sales
$
181,027

 
$
188,150

 
$
358,967

 
$
370,091