REVENUES FROM CONTRACTS WITH CUSTOMERS (Tables)

6 Months Ended

Jun. 30, 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 six months ended June 30, 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, June 30, 2018	$	4,856
Contract Liability
Contract liability, January 1, 2018	$	11,059
Recognition of revenue included in beginning of year contract liability	(2,687		)
Contract liability, net of revenue recognized on contracts during the period	2,603
Foreign currency translation	(9		)
Contract liability, June 30, 2018	$	10,966

Schedule of Disaggregation of Revenue

Disaggregated Revenue

The following table presents revenues disaggregated by the major sources of revenues for the three and six months ended June 30, 2018 (amounts in thousands):

	Three Months Ended June 30, 2018		Three Months Ended June 30, 2017		Six Months Ended June 30, 2018		Six Months Ended June 30, 2017
	(amounts in thousands)
Neurosurgery	$	170,588	91,218		$	337,487	180,687
Precision Tools and Instruments	68,916		$	68,639	138,132		$	135,460
Total Codman Specialty Surgical	239,504		159,857		475,619		316,147
Wound Reconstruction and Care	76,601		69,746		146,713		124,510
Extremity Orthopedics	23,727		24,322		48,537		48,283
Private Label	26,358		28,239		52,403		51,861
Total Orthopedics and Tissue Technologies	126,686		122,307		247,653		224,654
Total revenue	$	366,190	$	282,164	$	723,272	$	540,801

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 and six months ended June 30, 2018 was as follows:

	Three Months Ended June 30, 2018				Six Months Ended June 30, 2018
	As Reported		Excluding Impact of Topic 606		As Reported			Excluding Impact of Topic 606
	(Amounts in thousands)
Statement of Operations
Total revenue, net	$	366,190	$	363,381	$	723,272		$	719,420
Cost of goods sold	137,565		137,032		281,787			281,051
Income tax benefit	1,355		853		(505		)	(1,135		)
Net income	11,376		9,603		22,368			19,882