v3.26.1
REVENUES FROM CONTRACTS WITH CUSTOMERS (Tables)
 3 Months Ended
Mar. 31, 2026
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, 2026:
Dollars in thousandsTotal
Contract Asset
Contract asset, January 1, 2026
$6,844 
Transferred to trade receivables from contract asset included in beginning of the year contract asset$(4,551)
Contract asset, net of transferred to trade receivables on contracts during the period$4,363 
Contract asset, March 31, 2026
$6,656 
Contract Liability
Contract liability, January 1, 2026
$23,010 
Recognition of revenue included in beginning of year contract liability$(4,074)
Contract liability, net of revenue recognized on contracts during the period$3,481 
Foreign currency translation$8 
Contract liability, March 31, 2026
$22,425 
Schedule of Disaggregation of Revenue
The following table presents revenues disaggregated by the major sources of revenues for the three months ended March 31, 2026 and 2025 (dollar amounts in thousands):
Three Months Ended March 31, 2026Three Months Ended March 31, 2025
Neurosurgery$198,195 $190,912 
Instruments47,233 50,950 
ENT37,707 38,802 
Total Specialty Surgery283,135 280,664 
Wound Reconstruction79,648 74,779 
Private Label29,135 27,210 
Total Tissue Reconstruction108,783 101,989 
Total Revenue$391,918 $382,653