REVENUES FROM CONTRACT WITH CUSTOMERS (Tables)

3 Months Ended

Mar. 31, 2018

Revenue from Contract with Customer [Abstract]

Schedule of Changes in Contract Assets and Contract Liabilities

The following table summarized the changes in the contract asset and liability balances for the three months ended March 31, 2018:

Contract Asset
Contract asset, January 1, 2018	$	3,552
Transferred to trade receivable of contract asset included      in beginning of the year contract asset	(3,552		)
Contract asset, net of transferred to trade receivables on contracts during the period	4,856
Contract asset, March 31, 2018	$	4,856
Contract Liability
Contract liability, January 1, 2018	$	11,059
Recognition of revenue included in beginning of year contract liability	(1,750		)
Contract liability, net of revenue recognized on contracts during the period	931
Foreign currency translation	28
Contract liability, March 31, 2018	$	10,268

Schedule of Disaggregation of Revenue

Disaggregated Revenue

The following table presents revenues disaggregated by the major sources of revenues for the three months ended March 31, 2018 (amounts in thousands):

Neurosurgery	$	166,898
Precision Tools and Instruments	69,217
Total Codman Specialty Surgical	236,115
Wound Reconstruction and Care	70,112
Extremity Orthopedics	24,810
Private Label	26,045
Total Orthopedics and Tissue Technologies	120,967
Total revenue	$	357,082

Schedule of Impact on Statement of Operations

The impact of adoption of Topic 606 to the Company's consolidated statement of operations for the three months ended March 31, 2018 was as follows:

	As Reported			Excluding Impact of Topic 606
	(Amounts in thousands)
Statement of Operations
Total revenue, net	$	357,082		$	356,622
Cost of goods sold	144,222			144,019
Income tax benefit	(1,860		)	(1,924		)
Net income	10,992			10,799