v3.26.1
PROPERTY AND EQUIPMENT
 6 Months Ended
Jun. 30, 2026
Property, Plant, and Equipment [Abstract]  
PROPERTY AND EQUIPMENT PROPERTY AND EQUIPMENT
Property and equipment included the following as of June 30, 2026 and December 31, 2025, respectively:
(In thousands)Useful LifeJune 30,December 31,
(in years)20262025
Land—$10,812 $10,849 
Buildings and improvements31.5127,772 127,573 
Equipment
5-15
270,939 258,475 
Instruments, modules, and cases5823,585 813,488 
Other property and equipment
3-5
70,511 59,067 
1,303,619 1,269,452 
Less: accumulated depreciation and amortization(770,091)(705,000)
Total$533,528 $564,452 
Instruments are hand-held devices used by surgeons to install implants during surgery. Modules and cases are used to store and transport the instruments and implants.
Depreciation expense related to property and equipment was as follows during the three and six months ended June 30, 2026 and 2025, respectively:
Three Months Ended
June 30,		Six Months Ended
June 30,
(In thousands)2026202520262025
Depreciation$40,525 $40,442 $81,120 $77,713