REVENUES FROM CONTRACTS WITH CUSTOMERS (Tables)

3 Months Ended

Mar. 31, 2019

Revenue from Contract with Customer [Abstract]

Schedule of Changes in Contract Assets and Contract Liabilities

The following table summarizes the changes in the contract asset and liability balances for the three months ended March 31, 2019:

Contract Asset
Contract asset, January 1, 2019	$	4,193
Transferred to trade receivable of contract asset included      in beginning of the year contract asset	(4,193		)
Contract asset, net of transferred to trade receivables on contracts during the period	5,848
Contract asset, March 31, 2019	$	5,848
Contract Liability
Contract liability, January 1, 2019	$	12,716
Recognition of revenue included in beginning of year contract liability	(1,165		)
Contract liability, net of revenue recognized on contracts during the period	800
Foreign currency translation	4
Contract liability, March 31, 2019	$	12,355

Schedule of Disaggregation of Revenue

The following table presents revenues disaggregated by the major sources of revenues for the three months ended March 31, 2019 and 2018 (amounts in thousands):

	Three Months Ended March 31, 2019		Three Months Ended March 31, 2018
	(amounts in thousands)
Neurosurgery	$	166,415	$	166,898
Precision Tools and Instruments	68,153		69,217
Total Codman Specialty Surgical	234,568		236,115
Wound Reconstruction and Care	74,963		72,287
Extremity Orthopedics	22,685		22,635
Private Label	27,474		26,045
Total Orthopedics and Tissue Technologies	125,122		120,967
Total revenue	$	359,690	$	357,082

Schedule of Impact on Statement of Operations

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

	Three Months Ended March 31, 2018
	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