v3.26.1
GOODWILL AND OTHER INTANGIBLE ASSETS, NET (Tables)
6 Months Ended
Jul. 03, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Goodwill
The changes in the carrying amount of goodwill for the six months ended July 3, 2026 were as follows (in thousands):
Medical
December 31, 2025$1,110,908 
Biocoat acquisition-related adjustments (Note 2)(10)
Foreign currency translation(6,247)
July 3, 2026$1,104,651 
Schedule of Finite-Lived Intangible Assets, Major Class
Intangible assets comprise the following (in thousands):
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
July 3, 2026
Definite-lived:
Purchased technology and patents$328,096 $(237,094)$91,002 
Customer lists951,089 (354,664)596,425 
Amortizing tradenames and other20,064 (8,938)11,126 
Total amortizing intangible assets$1,299,249 $(600,696)$698,553 
Indefinite-lived:
Trademarks and tradenames$90,288 
December 31, 2025
Definite-lived:
Purchased technology and patents$329,690 $(228,469)$101,221 
Customer lists957,239 (334,989)622,250 
Amortizing tradenames and other20,083 (8,407)11,676 
Total amortizing intangible assets$1,307,012 $(571,865)$735,147 
Indefinite-lived:
Trademarks and tradenames$90,288 
Intangible Asset, Indefinite-Lived
Intangible assets comprise the following (in thousands):
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
July 3, 2026
Definite-lived:
Purchased technology and patents$328,096 $(237,094)$91,002 
Customer lists951,089 (354,664)596,425 
Amortizing tradenames and other20,064 (8,938)11,126 
Total amortizing intangible assets$1,299,249 $(600,696)$698,553 
Indefinite-lived:
Trademarks and tradenames$90,288 
December 31, 2025
Definite-lived:
Purchased technology and patents$329,690 $(228,469)$101,221 
Customer lists957,239 (334,989)622,250 
Amortizing tradenames and other20,083 (8,407)11,676 
Total amortizing intangible assets$1,307,012 $(571,865)$735,147 
Indefinite-lived:
Trademarks and tradenames$90,288 
Schedule of Finite-Lived Intangible Assets, Amortization Expense
Aggregate intangible asset amortization expense comprises the following (in thousands):
Three Months EndedSix Months Ended
July 3,
2026
June 27,
2025
July 3,
2026
June 27,
2025
Cost of sales$4,874 $4,942 $9,711 $9,516 
Selling, general and administrative expenses11,099 11,178 22,256 21,455 
Total intangible asset amortization expense$15,973 $16,120 $31,967 $30,971 
Intangible Asset, Finite-Lived, and Capitalized Cost, Software to be Sold, Leased, or Marketed, Estimated Amortization Expense
Estimated future intangible asset amortization expense based on the carrying value as of July 3, 2026 is as follows (in thousands):
Remainder of 20262027202820292030After 2030
Amortization Expense$31,286 $60,186 $58,678 $56,429 $52,933 $439,041