XML 38 R28.htm IDEA: XBRL DOCUMENT v3.22.1
GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
3 Months Ended
Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in Carrying Amount of Goodwill
Changes in the carrying amount of goodwill for the three-month period ended March 31, 2022 were as follows:
Dollars in thousandsCodman Specialty
Surgical
Tissue TechnologiesTotal
Goodwill at December 31, 2021$663,428 $350,030 $1,013,458 
Foreign currency translation(2,965)(1,565)(4,530)
Goodwill at March 31, 2022
$660,463 $348,465 $1,008,928 
Schedule of Finite-Lived Intangible Assets
The components of the Company’s identifiable intangible assets were as follows:
 March 31, 2022
Dollars in thousandsWeighted
Average
Life
CostAccumulated
Amortization
Net
Completed technology18 years$1,130,190 $(322,436)$807,754 
Customer relationships12 years$210,904 $(145,140)$65,764 
Trademarks/brand names28 years$97,907 $(32,285)$65,622 
Codman tradenameIndefinite$166,849 $— $166,849 
Supplier relationships30 years$30,211 $(16,437)$13,774 
All other11 years$6,125 $(3,917)$2,208 
$1,642,186 $(520,215)$1,121,971 
 December 31, 2021
Dollars in thousandsWeighted
Average
Life
CostAccumulated
Amortization
Net
Completed technology18 years$1,132,954 $(307,013)$825,941 
Customer relationships12 years211,344 (142,755)68,589 
Trademarks/brand names28 years98,367 (31,468)66,899 
Codman tradenameIndefinite167,758 — 167,758 
Supplier relationships30 years30,211 (16,192)14,019 
All other11 years6,258 (3,891)2,367 
$1,646,892 $(501,319)$1,145,573 
Schedule of Indefinite-Lived Intangible Assets
The components of the Company’s identifiable intangible assets were as follows:
 March 31, 2022
Dollars in thousandsWeighted
Average
Life
CostAccumulated
Amortization
Net
Completed technology18 years$1,130,190 $(322,436)$807,754 
Customer relationships12 years$210,904 $(145,140)$65,764 
Trademarks/brand names28 years$97,907 $(32,285)$65,622 
Codman tradenameIndefinite$166,849 $— $166,849 
Supplier relationships30 years$30,211 $(16,437)$13,774 
All other11 years$6,125 $(3,917)$2,208 
$1,642,186 $(520,215)$1,121,971 
 December 31, 2021
Dollars in thousandsWeighted
Average
Life
CostAccumulated
Amortization
Net
Completed technology18 years$1,132,954 $(307,013)$825,941 
Customer relationships12 years211,344 (142,755)68,589 
Trademarks/brand names28 years98,367 (31,468)66,899 
Codman tradenameIndefinite167,758 — 167,758 
Supplier relationships30 years30,211 (16,192)14,019 
All other11 years6,258 (3,891)2,367 
$1,646,892 $(501,319)$1,145,573