v3.26.1
Segment and Geographic Information (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information
Net sales and profit by each reportable segment for the three and six months ended June 30, 2026 and 2025 are as follows:
Three Months Ended June 30, 2026Six Months Ended June 30, 2026
Dollars in thousandsSpecialty SurgeryTissue ReconstructionCorporate and OtherTotalSpecialty SurgeryTissue ReconstructionCorporate and OtherTotal
Total revenue, net$309,269 $109,492 $— $418,761 $592,404 $218,275 $— $810,679 
Cost of goods sold130,212 41,989 26,816 199,017 240,687 79,448 53,818 373,953 
Research and development14,200 8,169 1,884 24,253 26,053 15,701 6,000 47,754 
Selling, general & administrative75,983 40,394 56,059 172,436 153,664 83,920 113,087 350,671 
Intangible asset amortization— — 3,770 3,770 — — 7,546 7,546 
Total cost and expenses220,395 90,552 88,529 399,476 420,404 179,069 180,451 779,924 
Operating income (loss)88,874 18,940 (88,529)19,285 172,000 39,206 (180,451)30,755 
Interest income4,267 8,372 
Interest expense(22,994)(45,459)
Other income, net4,186 8,665 
Income before income taxes$4,744 $2,333 
Three Months Ended June 30, 2025Six Months Ended June 30, 2025
Dollars in thousandsSpecialty SurgeryTissue ReconstructionCorporate and OtherTotalSpecialty SurgeryTissue ReconstructionCorporate and OtherTotal
Total revenue, net$303,958 $111,647 $— $415,605 $584,622 $213,636 $— $798,258 
Cost of goods sold (1)
120,243 56,660 29,370 206,273 230,104 105,930 58,460 394,494 
Research and development (1)
14,627 6,770 5,600 26,997 29,423 12,741 9,561 51,725 
Selling, general & administrative (1)
83,174 44,310 52,406 179,890 166,962 86,614 107,811 361,387 
Intangible asset amortization— — 3,754 3,754 — — 7,458 7,458 
Goodwill impairment388,106 123,259 — 511,365 388,106 123,259 — 511,365 
Total cost and expenses606,150 230,999 91,130 928,279 814,595 328,544 183,290 1,326,429 
Operating loss$(302,192)$(119,352)(91,130)(512,674)$(229,973)$(114,908)$(183,290)(528,171)
Interest income4,710 9,130 
Interest expense(21,042)(39,857)
Other income, net(1,946)(2,090)
Loss before income taxes$(530,952)$(560,988)
(1) The amounts reported for the three and six months ended June 30, 2025 have been retrospectively recast to reflect the realignment of certain cost and expense information as discussed in Note 1. Basis of Presentation.
Schedule of Geographic Revenue, by Area Total revenue by major geographic area consisted of the following:
 Three Months Ended June 30,Six Months Ended June 30,
Dollars in thousands2026202520262025
United States$307,099 $306,308 $596,479 $588,525 
Europe42,572 42,594 82,535 77,920 
Asia Pacific48,697 47,732 93,908 92,837 
Rest of World20,393 18,971 37,757 38,976 
Total Revenues$418,761 $415,605 $810,679 $798,258