Cover page. Document Type Document Type Document Quarterly Report Document Quarterly Report Document Period End Date Document Period End Date Document Transition Report Document Transition Report Securities Act File Number Entity File Number Entity Registrant Name Entity Registrant Name Entity Incorporation, State or Country Code Entity Incorporation, State or Country Code Entity Central Index Key Entity Central Index Key Entity Tax Identification Number Entity Tax Identification Number Entity Address, Address Line One Entity Address, Address Line One Entity Address, City or Town Entity Address, City or Town Entity Address, State or Province Entity Address, State or Province Entity Address, Postal Zip Code Entity Address, Postal Zip Code City Area Code City Area Code Local Phone Number Local Phone Number Title of 12(b) Security Title of 12(b) Security Trading Symbol Trading Symbol Security Exchange Name Security Exchange Name Entity Current Reporting Status Entity Current Reporting Status Entity Interactive Data Current Entity Interactive Data Current Entity Filer Category Entity Filer Category Entity Small Business Entity Small Business Entity Emerging Growth Company Entity Emerging Growth Company Entity Shell Company Entity Shell Company Entity Common Stock, Shares Outstanding Entity Common Stock, Shares Outstanding Current Fiscal Year End Date Current Fiscal Year End Date Document Fiscal Year Focus Document Fiscal Year Focus Document Fiscal Period Focus Document Fiscal Period Focus Amendment Flag Amendment Flag CONSOLIDATED BALANCE SHEETS Statement [Table] Statement [Table] Finite-Lived Intangible Assets by Major Class [Axis] Finite-Lived Intangible Assets, Major Class Name [Domain] Developed Technology Rights [Member] Developed technology Developed technology Other Intangible Assets [Member] Other Statement [Line Items] Statement [Line Items] Assets [Abstract] ASSETS Assets, Current [Abstract] Current assets: Cash and Cash Equivalents, at Carrying Value Cash and cash equivalents Accounts Receivable, after Allowance for Credit Loss, Current Trade receivables - net of allowance for credit losses - 2026 - $10,894 and 2025 - $10,136 Nontrade Receivables, Current Other receivables Inventory, Net Inventories Total inventories Prepaid Expense and Other Assets, Current Prepaid expenses and other current assets Prepaid Taxes Prepaid income taxes Income Taxes Receivable, Current Income tax refund receivables Assets, Current Total current assets Property, Plant and Equipment, Net [Abstract] Property and equipment: Land Land and land improvements Buildings and Improvements, Gross Buildings Machinery and Equipment, Gross Manufacturing equipment Furniture and Fixtures, Gross Furniture and fixtures Leasehold Improvements, Gross Leasehold improvements Construction in Progress, Gross Construction-in-progress Property, Plant and Equipment, Gross Total property and equipment Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment Less accumulated depreciation Property, Plant and Equipment, Net Property and equipment - net Intangible Assets Net Goodwill and Other Assets Noncurrent [Abstract] Other assets: Finite-Lived Intangible Assets, Net Intangible assets: Net Carrying Amount Goodwill Goodwill balance at end of period Goodwill balance at beginning of period Goodwill Goodwill Deferred Income Tax Assets, Net Deferred income tax assets Operating Lease, Right-of-Use Asset Right-of-use operating lease assets Other Assets, Noncurrent Other assets This element represents sum of the carrying amounts of all intangible assets and goodwill, as of the balance sheet date, net of accumulated amortization and impairment charges. Also includes aggregate carrying amount, as of the balance sheet date, of noncurrent assets not separately disclosed in the balance sheet due to materiality considerations. Intangible Assets Net Goodwill and Other Assets Noncurrent Total other assets Assets Total assets Liabilities and Equity [Abstract] LIABILITIES AND STOCKHOLDERS' EQUITY Liabilities, Current [Abstract] Current liabilities: Accounts Payable, Trade, Current Trade payables Accrued Liabilities, Current Accrued expenses Operating Lease, Liability, Current Short-term operating lease liabilities Accrued Income Taxes, Current Income taxes payable Liabilities, Current Total current liabilities Long-Term Debt, Excluding Current Maturities Long-term debt Long-term portion Deferred Income Tax Liabilities, Net Deferred income tax liabilities Liability for Uncertainty in Income Taxes, Noncurrent Liabilities related to unrecognized tax benefits Deferred Compensation Liability, Classified, Noncurrent Deferred compensation payable Contract with Customer, Liability, Noncurrent Deferred credits Operating Lease, Liability, Noncurrent Long-term operating lease liabilities Other Liabilities, Noncurrent Other long-term obligations Liabilities Total liabilities Commitments and Contingencies Commitments and contingencies Equity, Including Portion Attributable to Noncontrolling Interest [Abstract] Stockholders' equity: Preferred Stock, Value, Issued Preferred stock - 5,000 shares authorized; no shares issued as of June 30, 2026 and December 31, 2025 Common Stock, Value, Issued Common stock, no par value - 100,000 shares authorized; issued and outstanding as of June 30, 2026 - 59,710 and December 31, 2025 - 59,424 Retained Earnings (Accumulated Deficit) Retained earnings Accumulated Other Comprehensive Income (Loss), Net of Tax Accumulated other comprehensive loss Equity, Attributable to Parent Ending balance Beginning balance Total stockholders' equity Liabilities and Equity Total liabilities and stockholders' equity Accounts Receivable, Allowance for Credit Loss, Current Trade receivables, allowances Finite-Lived Intangible Assets, Accumulated Amortization Accumulated Amortization Intangibles, accumulated amortization Preferred Stock, Shares Authorized Preferred stock shares authorized (in shares) Preferred Stock, Shares Issued Preferred stock shares issued (in shares) Common Stock, Par or Stated Value Per Share Common stock, par value (in dollars per share) Common Stock, Shares Authorized Common stock shares authorized (in shares) Common Stock, Shares, Issued Common stock shares issued (in shares) Common Stock, Shares, Outstanding Ending balance (in shares) Beginning balance (in shares) Common stock shares outstanding (in shares) CONSOLIDATED STATEMENTS OF INCOME Revenue from Contract with Customer, Excluding Assessed Tax Net sales Revenue Cost of Goods and Services Sold Cost of sales Cost of sales Gross Profit Gross profit Operating Expenses [Abstract] Operating expenses: Selling, General and Administrative Expense Selling, general and administrative Research and Development Expense (Excluding Acquired in Process Cost) Research and development Business Combination, Contingent Consideration Arrangements, Contingent Consideration Benefit Business Combination, Contingent Consideration Arrangements, Contingent Consideration Benefit Contingent consideration expense (benefit) Operating Expenses Total operating expenses Operating Income (Loss) Income from operations Nonoperating Income (Expense) [Abstract] Other income (expense): Investment Income, Net Interest income Interest Expense, Nonoperating Interest expense Other Nonoperating Income (Expense) Other (expense) income - net Nonoperating Income (Expense) Other (income) expense - net Total other (expense) income - net Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest Income before income taxes Income Tax Expense (Benefit) Income tax expense Income tax expense Net income Earnings Per Common Share (EPS) Earnings per common share Earnings Per Share, Basic Basic (in dollars per share) Basic EPS (in dollars per share) Earnings Per Share, Diluted Diluted (in dollars per share) Diluted EPS (in dollars per share) Weighted Average Number of Shares Outstanding, Diluted [Abstract] Weighted average shares outstanding Weighted Average Number of Shares Outstanding, Basic Basic (in shares) Average common shares outstanding (in shares) Weighted Average Number of Shares Outstanding, Diluted Total potential shares outstanding (in shares) Diluted (in shares) CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME Other Comprehensive Income (Loss), Net of Tax [Abstract] Other comprehensive (loss) income: Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification, before Tax, Parent Cash flow hedges Amount of Gain/(Loss) recognized in OCI Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification, Tax, Parent Income tax (expense) benefit Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Gain (Loss), before Reclassification and Tax Foreign currency translation adjustment OCI, Foreign Currency Transaction and Translation Gain (Loss), Arising During Period, Tax Income tax (expense) benefit Other Comprehensive Income (Loss), Net of Tax Other comprehensive income (loss) Total other comprehensive (loss) income Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest Total comprehensive income CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY Equity Components [Axis] Equity Component [Domain] Common Stock [Member] Common Stock Retained Earnings [Member] Retained Earnings AOCI Attributable to Parent [Member] Accumulated Other Comprehensive Loss Increase (Decrease) in Stockholders' Equity [Roll Forward] Increase (Decrease) in Stockholders' Equity [Roll Forward] APIC, Share-Based Payment Arrangement, Increase for Cost Recognition Stock-based compensation expense Stock Issued During Period, Value, Stock Options Exercised Options exercised Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercises in Period Options exercised (in shares) Stock Issued During Period, Value, Employee Stock Purchase Plan Issuance of common stock under Employee Stock Purchase Plans Stock Issued During Period, Shares, Employee Stock Purchase Plans Issuance of common stock under Employee Stock Purchase Plans (in shares) Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures Shares issued from time-vested restricted stock units (in shares) Stock Surrendered During Period Value Payroll Tax Liabilities Stock Options Exercised Stock Surrendered During Period Value Payroll Tax Liabilities Stock Options Exercised Shares surrendered in exchange for payment of payroll tax liabilities Stock Surrendered During Period Shares Payroll Tax Liabilities Stock Options Exercised Stock Surrendered During Period Shares Payroll Tax Liabilities Stock Options Exercised Shares surrendered in exchange for payment of payroll tax liabilities (in shares) This element represents value of shares that have been surrendered during the period in exchange for stock options exercised. Stock Surrendered During Period Value Stock Options Exercised Shares surrendered in exchange for exercise of stock options Merit common stock surrendered (0 and 18 shares, respectively) in exchange for exercise of stock options This element represents number of shares that have been surrendered during the period in exchange for stock options exercised. Stock Surrendered During Period Shares Stock Options Exercised Shares surrendered in exchange for exercise of stock options (in shares) CONSOLIDATED STATEMENTS OF CASH FLOWS Net Cash Provided by (Used in) Operating Activities [Abstract] CASH FLOWS FROM OPERATING ACTIVITIES: Adjustments, Noncash Items, to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract] Adjustments to reconcile net income to net cash provided by operating activities: Depreciation, Depletion and Amortization Depreciation and amortization Gain (Loss) on Disposition of Business Gain on disposition of business Income (Loss) from Equity Method Investments Share of equity investee loss Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property Loss on sale or abandonment of property and equipment Goodwill and Intangible Asset Impairment Write-off of certain intangible assets and other long-term assets Operating Lease, Right-of-Use Asset, Periodic Reduction Amortization of right-of-use operating lease assets Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability Fair value adjustments related to contingent consideration liabilities Contract with Customer, Liability, Revenue Recognized Amortization of deferred credits Amortization of Debt Issuance Costs and Discounts Amortization of long-term debt issuance costs Share-Based Payment Arrangement, Noncash Expense Stock-based compensation expense Increase (Decrease) in Operating Capital [Abstract] Changes in operating assets and liabilities, net of acquisitions and divestitures: Increase (Decrease) in Accounts Receivable Trade receivables Increase (Decrease) in Other Receivables Other receivables Increase (Decrease) in Inventories Inventories Increase (Decrease) in Prepaid Expense and Other Assets Prepaid expenses and other current assets Increase (Decrease) in Income Taxes Receivable Income tax refund receivables Increase (Decrease) in Other Operating Assets Other assets Increase (Decrease) in Accounts Payable, Trade Trade payables Increase (Decrease) in Accrued Liabilities Accrued expenses Increase (Decrease) in Income Taxes Payable Income taxes payable Increase (Decrease) in Deferred Compensation Deferred compensation payable Increase (Decrease) in Operating Lease Liability Operating lease liabilities Increase (Decrease) in Other Operating Liabilities Other long-term obligations Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities Total adjustments Net Cash Provided by (Used in) Operating Activities Net cash, cash equivalents, and restricted cash provided by operating activities Net Cash Provided by (Used in) Investing Activities [Abstract] CASH FLOWS FROM INVESTING ACTIVITIES: Payments to Acquire Productive Assets [Abstract] Capital expenditures for: Payments to Acquire Property, Plant, and Equipment Property and equipment Payments to Acquire Intangible Assets Intangible assets Proceeds from Sales of Business, Affiliate and Productive Assets Proceeds from asset and business dispositions Payments to Acquire Notes Receivable Cash paid for notes receivable and other investments Payments to Acquire Businesses, Net of Cash Acquired Cash paid in acquisitions, net of cash acquired Net Cash Provided by (Used in) Investing Activities Net cash, cash equivalents, and restricted cash provided by (used in) investing activities Net Cash Provided by (Used in) Financing Activities [Abstract] CASH FLOWS FROM FINANCING ACTIVITIES: Proceeds from Issuance of Common Stock Proceeds from issuance of common stock Proceeds from Convertible Debt Net proceeds from convertible notes Proceeds from issuance of convertible debt Payment for Contingent Consideration Liability, Financing Activities Contingent payments related to acquisitions The cash outflow for taxes related to an exchange of common stock. Payments Related To Tax Withholding for Exchange of Common Stock Payment of taxes related to an exchange of common stock Net Cash Provided by (Used in) Financing Activities Net cash, cash equivalents, and restricted cash (used in) provided by financing activities Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Including Disposal Group and Discontinued Operations Effect of exchange rates on cash, cash equivalents, and restricted cash Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect Net increase (decrease) in cash, cash equivalents and restricted cash Cash and Cash Equivalents, at Carrying Value [Abstract] CASH, CASH EQUIVALENTS AND RESTRICTED CASH: Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents End of period Beginning of period Total cash, cash equivalents and restricted cash Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents [Abstract] RECONCILIATION OF CASH, CASH EQUIVALENTS AND RESTRICTED CASH TO THE CONSOLIDATED BALANCE SHEETS: Restricted Cash and Cash Equivalents, Current Restricted cash reported in prepaid expenses and other current assets Restricted Cash and Cash Equivalents, Current, Statement of Financial Position [Extensible Enumeration] Supplemental Cash Flow Information [Abstract] SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION Interest Paid, Excluding Capitalized Interest, Operating Activities Interest (net of capitalized interest of $1,034 and $594, respectively) Income Taxes Paid, Net Income taxes