v3.26.1
Revenue from Contracts with Customers
6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Revenue from Contracts with Customers
5.
Revenue from Contracts with Customers
Product Sales Revenue
See Note 15. Segment Data of the Notes to the Unaudited Condensed Consolidated Financial Statements included in this Quarterly Report for disaggregation of the Company's net sales by product.
Reserves for variable consideration
The following table reflects activity in the Company's sales reserve accounts:
Rebates and ChargebacksProduct ReturnsOther Sales DeductionsTotal
Balance as of December 27, 2024$65.0 $4.2 $0.1 $69.3 
Provisions122.7 2.3 — 125.0 
Payments or credits(96.5)(0.5)— (97.0)
Balance as of June 27, 2025$91.2 $6.0 $0.1 $97.3 
Balance as of December 31, 2025$234.4 $48.3 $1.8 $284.5 
Provisions389.7 11.6 10.0 411.3 
Payments or credits(394.3)(9.7)(9.7)(413.7)
Balance as of June 30, 2026$229.8 $50.2 $2.1 $282.1 
Product sales transferred to customers at a point in time and over time were as follows:
Three Months Ended Six Months Ended
June 30,
2026
June 27,
2025
June 30,
2026
June 27,
2025
Product sales transferred at a point in time88.6 %76.6 %88.1 %73.6 %
Product sales transferred over time11.4 23.4 11.9 26.4 
Transaction price allocated to the remaining performance obligations
The following table includes estimated revenue from contracts extending greater than one year for certain of the Company's hospital products that are expected to be recognized in the future related to performance obligations that were unsatisfied or partially unsatisfied as of June 30, 2026:
Remainder of Fiscal 2026$105.3 
Fiscal 202768.5 
Fiscal 202831.8 
Thereafter5.6 
Costs to fulfill a contract
As of June 30, 2026 and December 31, 2025, the total net book value of the devices used in the Company's portfolio of drug-device combination products, which are used in satisfying future performance obligations and reflected in property, plant and equipment, net, on the Unaudited Condensed Consolidated Balance Sheet was $64.8 million and $62.0 million, respectively. The associated depreciation expense recognized for the three months ended June 30, 2026 and June 27, 2025 was $2.4 million and $1.4 million, and for the six months ended June 30, 2026 and June 27, 2025 was $4.7 million and $2.9 million, respectively.