XML 59 R46.htm IDEA: XBRL DOCUMENT v3.22.4
Business Acquisitions (Details)
$ in Thousands
12 Months Ended
Aug. 09, 2022
USD ($)
Jun. 13, 2022
USD ($)
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Business Acquisition [Line Items]          
Net sales     $ 1,045,472 $ 1,010,635 $ 862,459
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net [Abstract]          
Goodwill     815,429 $ 617,528 $ 618,440
In2Bones Global Inc          
Business Acquisition [Line Items]          
Business combination, consideration transferred   $ 145,200      
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, High   110,000      
Net sales     23,700    
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net [Abstract]          
Cash   445      
Accounts receivable, net   5,036      
Inventories   24,247      
Prepaid expenses and other current assets   1,490      
Current assets   31,218      
Goodwill   139,128      
Other long-term assets   2,875      
Total assets acquired   238,121      
Current liabilities assumed   6,332      
Deferred income taxes   16,738      
Other long-term liabilities   466      
Total liabilities assumed   23,536      
Net assets acquired   214,585      
Business Combination, Contingent Consideration, Liability   $ 69,400 70,200    
In2Bones Global Inc | Fair Value, Inputs, Level 3 | Fair Value, Recurring | Measurement Input, Discount Rate          
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net [Abstract]          
Business Combination, Contingent Consideration, Liability, Measurement Input   0.0567      
In2Bones Global Inc | Fair Value, Inputs, Level 3 | Fair Value, Recurring | Measurement Input, Revenue Volatility          
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net [Abstract]          
Business Combination, Contingent Consideration, Liability, Measurement Input   0.1275      
In2Bones Global Inc | Technology-Based Intangible Assets [Member]          
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net [Abstract]          
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles   $ 37,300      
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life   15 years      
In2Bones Global Inc | Customer Relationships [Member]          
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net [Abstract]          
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles   $ 27,600      
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life   15 years      
In2Bones Global Inc | Trademarks and Trade Names [Member]          
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net [Abstract]          
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles   $ 0      
Biorez Inc          
Business Acquisition [Line Items]          
Business combination, consideration transferred $ 85,500        
Payments to acquire business 83,700        
Business Combination, Holdback 1,800        
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, High 165,000        
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net [Abstract]          
Cash 754        
Accounts receivable, net 318        
Inventories 61        
Prepaid expenses and other current assets 118        
Current assets 1,251        
Goodwill 60,034        
Other long-term assets 112        
Total assets acquired 239,297        
Current liabilities assumed 1,441        
Deferred income taxes 37,801        
Other long-term liabilities 0        
Total liabilities assumed 39,242        
Net assets acquired 200,055        
Business Combination, Contingent Consideration, Liability $ 114,500   116,200    
Biorez Inc | Fair Value, Inputs, Level 3 | Fair Value, Recurring | Measurement Input, Discount Rate          
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net [Abstract]          
Business Combination, Contingent Consideration, Liability, Measurement Input 0.1034        
Biorez Inc | Fair Value, Inputs, Level 3 | Fair Value, Recurring | Measurement Input, Revenue Volatility          
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net [Abstract]          
Business Combination, Contingent Consideration, Liability, Measurement Input 0.1887        
Biorez Inc | Technology-Based Intangible Assets [Member]          
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net [Abstract]          
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles $ 176,300        
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life 20 years        
Biorez Inc | Customer Relationships [Member]          
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net [Abstract]          
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles $ 0        
Biorez Inc | Trademarks and Trade Names [Member]          
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net [Abstract]          
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles $ 1,600        
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life 20 years        
Cost of Sales [Member] | In2Bones Global Inc          
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net [Abstract]          
Costs for inventory step-up adjustments     4,500    
Selling and Administrative Expenses [Member] | In2Bones Global Inc and Biorez Inc          
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net [Abstract]          
Acquisition and integration costs     $ 10,100