| Period End | Type | Status | Affected | % Workforce | Announced | Expected Completion | Geography | Segment / Function | Charge | Source | Note |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | restructuring | in_progress | 2025-12 | USD 13 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance for realignment initiatives recorded December 2025; liability roll-forward shows $13.3M at 2025-12-31, $3.5M of payments in 1H2026, $9.8M remaining at 2026-06-30. No employee count, geography, or completion date disclosed. | |||||
| 2026-06-30 | restructuring | in_progress | 2025-12-01 | USD 13 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Expense recorded in Dec 2025 related to severance associated with realignment initiatives. Liability balance was $9.8 million as of June 30, 2026. Employee count not disclosed. | |||||
| 2026-03-31 | restructuring | in_progress | 2025-12 | Realignment initiatives | USD 13 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance expense for realignment initiatives was recorded in December 2025; liability rolled from $13.3M to $11.4M during Q1 2026 via $1.9M of payments. No employee counts, geography, or completion date disclosed. | ||||
| 2026-03-31 | acquisition_addition | completed | 2026-02-06 | 2026-02-06 | U.S. segment — Autus Valve Technologies, Inc. | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Option exercised to acquire Autus for $128.9M total consideration; acquired workforce not quantified in the filing. | ||||
| 2026-03-31 | restructuring | in_progress | 2025-12-01 | USD 13 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Expense recorded in Dec 2025 related to severance associated with realignment initiatives. Liability balance was $11.4M at Mar 31, 2026. | |||||
| 2026-03-31 | acquisition_addition | completed | 2026-02-06 | USD 129 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired Autus Valve Technologies, Inc. for total consideration of $128.9M. Headcount not disclosed. | |||||
| 2025-12-31 | restructuring | in_progress | 2025-12-31 | Not specified | Not specified | USD 13 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Severance expense recorded in December 2025 for a realignment initiative; employee count not disclosed. Restructuring liability balance was $13.3M at 2025-12-31 after $19.9M of payments during the year. | |||
| 2025-12-31 | divestiture_reduction | completed | 2025-12-18 | 2025-12-18 | Not specified | Non-core product group (discontinued operations) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of the non-core product group completed 2025-12-18 for $81.8M up-front consideration; headcount removed through the disposition not disclosed. Classified as held-for-sale in September 2024. | |||
| 2025-12-31 | acquisition_addition | announced | 2026-02-28 | 2026-02-28 | Not specified | Medical device company (unnamed) | USD 38 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | February 2026 acquisition for $38.0M cash plus up to $132.5M contingent consideration; exact date within February 2026 not specified. Headcount added not disclosed. | ||
| 2025-12-31 | restructuring | completed | 2025-12-01 | Global | Various | USD 13 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Expense of $13.1 million recorded in December 2025 related to severance associated with a realignment initiative. Employee count not disclosed. | |||
| 2025-12-31 | restructuring | completed | 360 | 2024-09 | Global | USD 33 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Global workforce realignment impacting approximately 360 employees. Charge recorded in September 2024. | |||
| 2025-12-31 | restructuring | completed | 2025-12 | USD 13 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Severance associated with a realignment initiative. Employee count not disclosed. | |||||
| 2025-12-31 | restructuring | in_progress | USD 13,100,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2025-09-30 | restructuring | in_progress | 2% | 2024-09 | 2025-12-31 | Global | Global workforce | USD 33 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Global workforce realignment announced September 2024 affecting approximately 2% of employees; no absolute headcount given. Restructuring liability was $6.6M at 2025-09-30 after $13.5M of payments in the nine months; remaining severance expected substantially paid by end of 2025. No new restructuring charges recorded in Q3 2025 ($0.1M in the quarter, $8.5M YTD, primarily advisory costs for the Critical Care sale). | |
| 2025-09-30 | restructuring | in_progress | 2% | 2024-09-01 | 2025-12-31 | Global | Global workforce realignment | USD 33 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Global workforce realignment impacting approximately 2% of employees. Remaining severance obligations expected to be substantially paid by end of 2025. | |
| 2025-09-30 | divestiture_reduction | completed | 2024-06-03 | 2024-09-03 | Global | Critical Care product group | discontinued_operations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of Critical Care to Becton, Dickinson and Company completed. Headcount removed not explicitly quantified. | |||
| 2025-09-30 | divestiture_reduction | announced | 2025-10-01 | 2025-12-31 | Global | Non-core product group | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Definitive agreement entered in October 2025 to sell non-core product group. Transaction expected to close in Q4 2025. | |||
| 2025-09-30 | restructuring | in_progress | USD 100,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2025-06-30 | restructuring | in_progress | 2% | 2024-09 | 2025-12-31 | Global | Not specified | USD 33 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Global workforce realignment recorded September 2024 affecting approximately 2% of employees; no absolute headcount given. Restructuring liability rolled from $20.1M (2024-12-31) to $10.3M (2025-06-30) after $9.8M of payments; remaining severance expected to be substantially paid in H2 2025. No restructuring expense recorded in the six months ended 2025-06-30. | |
| 2025-06-30 | divestiture_reduction | announced | 2024-09 | 2025 | Not specified | Non-core product group | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Company committed to a plan to sell a small non-core product group (held-for-sale since September 2024), with sale expected during 2025; no headcount associated with the divestiture is disclosed. | |||
| 2025-06-30 | restructuring | in_progress | 2% | 2024-09-01 | 2025-12-31 | Global | Global workforce realignment | USD 33 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Global workforce realignment impacting approximately 2% of employees. Remaining severance obligations expected to be substantially paid in the second half of 2025. | |
| 2025-03-31 | restructuring | in_progress | 2% | 2024-09 | Global | Company-wide | USD 33 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Global workforce realignment recorded September 2024, primarily severance, affecting approximately 2% of employees; no absolute headcount given. Restructuring liability roll-forward: $20.1M at 2024-12-31, $6.1M payments in Q1 2025, $14.0M at 2025-03-31. Remaining severance obligations expected to be substantially paid within 12 months of 2025-03-31. | ||
| 2025-03-31 | restructuring | in_progress | 2% | 2024-09-01 | 2026-03-31 | Global | All functions | USD 33 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Global workforce realignment impacting approximately 2% of employees. Remaining obligations expected to be substantially paid within 12 months. | |
| 2024-12-31 | restructuring | in_progress | 360 | 2024-09-30 | Global | Global workforce realignment | USD 33 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Expense recorded in September 2024; $20.1M of remaining severance obligations expected to be substantially paid within 12 months of year-end | ||
| 2024-12-31 | divestiture_reduction | completed | 2024-06-03 | 2024-09-03 | Global | Critical Care product group | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of Critical Care to Becton, Dickinson and Company for $4.2 billion closed September 3, 2024; associated headcount transferred not quantified. $19.0M of advisory costs recorded in Q4 2024 | |||
| 2024-12-31 | acquisition_addition | completed | 2024-07-22 | 2024-07-22 | Not disclosed | TAVR (aortic regurgitation technology) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Purchase consideration $116.3M net of cash acquired; acquired headcount not disclosed | |||
| 2024-12-31 | acquisition_addition | completed | 2024-08-19 | 2024-08-19 | United States | Heart failure management (implantable sensor) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Purchase consideration $798.8M net of cash acquired; acquired headcount not disclosed | |||
| 2024-12-31 | acquisition_addition | completed | 2024-10-01 | 2024-10-01 | Rest of World segment | Transcatheter mitral valve replacement | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Purchase consideration $380.9M net of cash acquired; acquired headcount not disclosed | |||
| 2024-12-31 | divestiture_reduction | announced | 2024-12-31 | 2025-12-31 | Not disclosed | Non-core product group | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Company committed to a plan to sell a non-core product group, with sale expected during 2025; classified as held-for-sale in September 2024 and included in discontinued operations; headcount not quantified | |||
| 2024-12-31 | restructuring | completed | 360 | 2024-09 | 2025-12-31 | Global | USD 33 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Global workforce realignment impacting approximately 360 employees. Remaining severance obligations of $20.1 million expected to be substantially paid within the next 12 months. | ||
| 2024-12-31 | restructuring | in_progress | 360 | 2024-09-01 | 2025-12-31 | Global | USD 33 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Global workforce realignment impacting approximately 360 employees. Remaining severance obligations of $20.1 million expected to be substantially paid within the next 12 months. | ||
| 2024-12-31 | divestiture_reduction | completed | 2024-06-03 | 2024-09-03 | Global | Critical Care | USD 19 (millions) | discontinued_operations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Sale of Critical Care product group to Becton, Dickinson and Company. Headcount removed not explicitly disclosed. | ||
| 2024-12-31 | restructuring | in_progress | USD 32,900,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2024-09-30 | restructuring | in_progress | 360 | 2024-09 | 2025-09-30 | Global | USD 33 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Global workforce realignment recorded September 2024; charge primarily severance. Remaining severance obligations of $30.6M expected to be substantially paid within 12 months of quarter-end. Filer does not disclose total headcount, so affected-percent cannot be computed. | ||
| 2024-09-30 | restructuring | in_progress | 360 | 2024-09-30 | 2025-09-30 | Global | USD 33 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Global workforce realignment impacting approximately 360 employees. Remaining severance obligations of $30.6 million expected to be substantially paid within the next 12 months. | ||
| 2024-09-30 | restructuring | in_progress | 360 | USD 32,900,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2024-09-30 | restructuring | in_progress | Segment Reporting, Reconciling Item, Excluding Corporate Nonsegment [Member] | USD 32,900,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-06-30 | divestiture_reduction | in_progress | 2024-06-03 | 2024-09-30 | Global | Critical Care product group | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to sell Critical Care to Becton, Dickinson and Company for $4.2 billion; headcount affected not disclosed. Separation costs of $121.0M for six months ended June 30, 2024 recorded in discontinued operations. | |||
| 2024-06-30 | acquisition_addition | announced | 2024-07-01 | United States | JenaValve Technology, Inc. | USD 500 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to acquire JenaValve for $500.0M cash plus up to $445.0M in milestones; headcount not disclosed. | |||
| 2024-06-30 | acquisition_addition | announced | 2024-07-01 | United States | Endotronix, Inc. | USD 600 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to acquire Endotronix for $600.0M cash plus $75.0M milestones; headcount not disclosed. | |||
| 2024-06-30 | acquisition_addition | announced | 2024-07-01 | Israel | Innovalve Bio Medical Limited | USD 300 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to acquire Innovalve for $300.0M cash plus $25.0M regulatory milestone; headcount not disclosed. | |||
| 2024-06-30 | acquisition_addition | announced | 2024-07-01 | Early-stage medical device company (catheter-based valvular disease treatment) | USD 115 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Paid $115.0M ($5.0M in May 2024, $110.0M in July 2024) with up to $200.0M sales milestones; headcount not disclosed. | ||||
| 2024-06-30 | divestiture_reduction | announced | 2024-06-03 | 2024-09-30 | Global | Critical Care | USD 121 (millions) | discontinued_operations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Agreement to sell Critical Care product group to Becton, Dickinson and Company for $4.2 billion. Separation costs of $121.0 million recorded for six months ended June 30, 2024, primarily for consulting, legal, tax, and advisory services. Employee count not disclosed. | ||
| 2024-03-31 | divestiture_reduction | announced | 2023-12-07 | 2024-12-31 | Global | Critical Care product group | USD 41 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Planned tax-free spin-off of Critical Care as a separate public company; $41.3M separation costs in Q1 2024 for consulting, legal, tax, and advisory services. No employee count disclosed. | ||
| 2023-12-31 | divestiture_reduction | announced | 2023-12-07 | 2024-12-31 | Global | Critical Care | USD 17 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Tax-free spin-off of Critical Care product group announced 2023-12-07, expected around end of 2024; $17.2M charge for consulting, legal, tax, and advisory costs. Headcount to be separated not disclosed. | ||
| 2023-12-31 | acquisition_addition | completed | 2023-02-28 | 2023-02-28 | Rest of World | Other | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of 61% of a medical technology company on 2023-02-28, consolidated as a VIE; headcount added through the acquisition not disclosed | |||
| 2023-12-31 | restructuring | completed | 2022-09 | United States | Surgical Structural Heart | USD 62 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Exit of HARPOON surgical mitral repair system program. Charge primarily related to full impairment of intangible assets ($52.7M) and other exit costs. No specific employee count disclosed. | |||
| 2023-12-31 | restructuring | in_progress | 2023-12-07 | 2024-12-31 | Global | Critical Care | USD 17 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Announced tax-free spin-off of Critical Care product group. Charge related to consulting, legal, tax, and professional advisory services. Spin-off expected around end of 2024. | ||
| 2023-06-30 | acquisition_addition | completed | 2023-02-28 | Rest of World segment (goodwill assigned) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired 61% of a medical technology company (consolidated as VIE); no employee headcount added or retained disclosed in the filing. | |||||
| 2023-03-31 | acquisition_addition | completed | 2023-02-28 | Rest of World segment (goodwill assigned) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired 61% of a medical technology company and consolidated it as the primary beneficiary of a VIE; no employee headcount disclosed for the acquired entity. | |||||
| 2022-12-31 | restructuring | completed | 2022-09-30 | 2022-12-31 | United States | Surgical Structural Heart (HARPOON surgical mitral repair system program) | USD 62 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | In September 2022 the Company decided to exit the HARPOON program, recording a $62.3M charge to its U.S. segment ($60.7M in Special Charge, $1.6M in Cost of Sales), primarily a $52.7M full impairment of associated intangible assets plus other exit costs; no employees-affected count disclosed. An $11.7M contingent consideration gain was also recorded. | ||
| 2022-12-31 | restructuring | completed | 2022-09-01 | United States | Surgical Structural Heart | USD 61 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Company decided to exit its HARPOON surgical mitral repair system program in September 2022. Recorded a $60.7 million special charge primarily related to impairment of intangible assets. No specific employee count disclosed. | |||
| 2022-09-30 | restructuring | completed | 2022-09-30 | United States | United States segment — HARPOON surgical mitral repair system program | USD 68 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Program exit decided September 2022; charge primarily full impairment of intangible assets plus other exit costs ($66.8M in Special Charge, $1.6M in Cost of Sales). No employee count or severance amount disclosed; an $11.7M contingent consideration gain was recorded on the exit. | |||
| 2019-12-31 | acquisition_addition | completed | 2019-02-11 | 2019-04-18 | United States | Critical Care | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of CASMED closed 2019-04-18 for a cash purchase price of $100.8 million; acquired headcount not disclosed. Acquisition-related costs of $2.0 million recorded in SG&A. | |||
| 2019-12-31 | plant_closure | completed | 232 | 2017-09 | 2019-12-31 | Switzerland | Manufacturing | USD 10 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Closure of the Horw, Switzerland manufacturing plant. Severance charge of $10.2 million impacting 232 employees was recorded in September 2017 (prior-year program); the filing states payments related to the realignment were complete as of 2019-12-31. A related $7.1 million curtailment gain was recorded in 2018. | |
| 2019-12-31 | restructuring | completed | 232 | 2017-09-01 | 2019-12-31 | Switzerland | Manufacturing | USD 10 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Planned closure of manufacturing plant in Switzerland. Payments related to the realignment were complete as of December 31, 2019. | |
| 2019-12-31 | acquisition_addition | completed | 2019-04-18 | 2019-04-18 | Global | Critical Care | USD 101 (millions) | business_combinations_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of CAS Medical Systems, Inc. (CASMED) completed on April 18, 2019. Headcount not explicitly disclosed. | ||
| 2019-06-30 | acquisition_addition | completed | 2019-02-11 | 2019-04-18 | United States | Critical Care | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of CAS Medical Systems, Inc. closed 2019-04-18 for $100.8 million cash; no employee headcount added disclosed. Acquisition-related costs of $2.0 million recorded in SG&A. | |||
| 2019-03-31 | acquisition_addition | completed | 2019-02-11 | 2019-04-18 | United States | Critical Care | USD 100 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Merger agreement signed 2019-02-11; closed 2019-04-18 at $2.45/share (~$100M equity value). Headcount added not disclosed; charge value is purchase price, not a workforce charge. Company plans to integrate acquired tissue-oxygenation monitoring technology into its hemodynamic monitoring platform. | ||
| 2018-12-31 | plant_closure | completed | 232 | 2017-09 | 2018-12-31 | Switzerland | Manufacturing | USD 10 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Program announced with a $10.2M severance charge in September 2017 affecting 232 employees; in March 2018 the company recorded a $7.1M gain from curtailment of the Swiss defined benefit plan. Payments related to the realignment were substantially complete as of December 31, 2018. Charge amount shown is the 2017 program charge disclosed in this filing. | |
| 2018-12-31 | acquisition_addition | announced | 2019-02-11 | United States | Critical Care | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Agreement to acquire CAS Medical Systems for $2.45 per share (~$100M equity value); headcount added not disclosed. Announced after fiscal year-end but before the filing date. | ||||
| 2018-12-31 | restructuring | completed | 232 | 2017-09-01 | 2018-12-31 | Switzerland | Manufacturing | USD 10 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Charge recorded in September 2017 related to planned closure of manufacturing plant in Switzerland. Payments substantially complete as of December 31, 2018. | |
| 2018-09-30 | plant_closure | in_progress | 232 | 2017-09 | 2019-03-31 | Switzerland | Manufacturing | USD 10 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charge recorded September 2017 for planned closure of the Switzerland manufacturing plant, primarily severance for 232 employees plus other costs. As of 2018-09-30, remaining severance obligations of $0.8 million expected to be substantially paid by 2019-03-31. A $7.1 million curtailment gain on the Swiss defined benefit plan was recorded in March 2018 in connection with the closure. | |
| 2018-09-30 | plant_closure | completed | 232 | 2017-09-01 | 2019-03-31 | Switzerland | Manufacturing | USD 10 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charge recorded in Sept 2017 for closure of manufacturing plant; remaining severance obligations of $0.8 million expected to be substantially paid by March 31, 2019. | |
| 2018-09-30 | restructuring | in_progress | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2018-09-30 | restructuring | in_progress | Segment Reconciling Items [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-06-30 | plant_closure | in_progress | 232 | 2017-09 | 2018-09-30 | Switzerland | Manufacturing | USD 10 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charge recorded September 2017 for planned closure of Swiss manufacturing plant, primarily severance for 232 employees. Remaining severance obligations of $1.4 million expected to be substantially paid by 2018-09-30. A $7.1 million gain from curtailment of the Swiss defined benefit plan related to the same closure was recorded in March 2018. | |
| 2018-06-30 | plant_closure | in_progress | 232 | 2017-09-01 | 2018-09-30 | Switzerland | Manufacturing | USD 10 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charge recorded in Sept 2017 for closure of manufacturing plant; remaining severance obligations of $1.4 million expected to be substantially paid by Sept 30, 2018. | |
| 2018-03-31 | plant_closure | in_progress | 232 | 2017-09-30 | 2018-09-30 | Switzerland | Manufacturing | USD 10 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charge recorded September 2017 for planned closure of Swiss manufacturing plant; remaining severance obligations of $1.8 million expected substantially paid by 2018-09-30. A $7.1 million curtailment gain on the Swiss defined benefit plan was recorded in March 2018. | |
| 2018-03-31 | plant_closure | in_progress | 232 | 2017-09-01 | 2018-09-30 | Switzerland | Manufacturing | USD 10 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charge recorded in Sept 2017 primarily for severance impacting 232 employees and other costs associated with planned closure of manufacturing plant. Remaining severance obligations of $1.8 million expected to be substantially paid by Sept 30, 2018. | |
| 2017-12-31 | plant_closure | in_progress | 232 | 2017-09-30 | 2018-09-30 | Switzerland | Heart valve manufacturing | USD 10 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Charge primarily severance for 232 employees plus other costs for planned closure of the Switzerland manufacturing plant; remaining severance obligations of $9.6 million expected to be substantially paid by 2018-09-30. Company announced the discontinuation of Switzerland heart valve manufacturing operations in September 2017, effective early 2018. | |
| 2017-12-31 | acquisition_addition | completed | 2017-12-01 | 2017-12-01 | United States | Surgical Heart Valve Therapy (mitral repair) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Harpoon Medical closed 2017-12-01 for $119.5 million cash plus up to $150.0 million in milestone payments; no employee count disclosed for the acquired workforce. | |||
| 2017-12-31 | acquisition_addition | completed | 2017-01-23 | 2017-01-23 | Israel | Transcatheter Heart Valve Therapy (mitral/tricuspid repair) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition closed 2017-01-23; consideration included ~2.8 million shares (fair value $266.5 million) and $86.2 million cash, plus up to $350.0 million contingent milestones; no employee count disclosed for the acquired workforce. | |||
| 2017-12-31 | restructuring | completed | 232 | 2017-09 | 2018-09-30 | Switzerland | Manufacturing | USD 10 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Charge related primarily to severance expenses impacting 232 employees and other costs associated with the planned closure of manufacturing plant in Switzerland. Remaining severance obligations of $9.6 million expected to be substantially paid by September 30, 2018. | |
| 2017-12-31 | restructuring | in_progress | 232 | 2017-09 | 2018-09-30 | Switzerland | Manufacturing | USD 10 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Charge related primarily to severance expenses and other costs associated with the planned closure of its manufacturing plant in Switzerland. Remaining severance obligations of $9.6 million expected to be substantially paid by September 30, 2018. | |
| 2017-09-30 | plant_closure | in_progress | 232 | 2017-09 | 2018-09-30 | Switzerland | Manufacturing | USD 10 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charge related primarily to severance for 232 employees plus other costs tied to the planned closure of the Switzerland manufacturing plant; remaining severance obligations of $9.6 million expected to be substantially paid by 2018-09-30. Also referenced in MD&A Special Charges discussion; extracted once from the footnote. | |
| 2017-09-30 | acquisition_addition | completed | 2016-11-26 | 2017-01-23 | Rest of World segment (goodwill assigned) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Valtech Cardio Ltd. acquisition closed 2017-01-23; filing does not disclose headcount added. Consideration included approximately 2.8 million shares (fair value $266.5 million) and $86.2 million cash. | ||||
| 2017-09-30 | restructuring | in_progress | 232 | 2017-09-30 | 2018-09-30 | Switzerland | Manufacturing | USD 10 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charge related primarily to severance expenses and other costs associated with the planned closure of its manufacturing plant in Switzerland. | |
| 2017-09-30 | restructuring | in_progress | 232 | Facility Closing [Member] | USD 10,200,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | ||||
| 2016-12-31 | acquisition_addition | completed | 2016-11-26 | 2017-01-23 | Israel | Transcatheter Heart Valve Therapy | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Merger agreement signed 2016-11-26; transaction closed 2017-01-23 (subsequent to fiscal year-end). Consideration of approximately $340.0 million in stock and cash, plus up to $350.0 million in milestone payments over 10 years. Headcount added not disclosed. Acquisition-related costs of $4.1 million recorded in SG&A during 2016. | |||
| 2016-12-31 | other | announced | 2017-01-23 | Israel | Transcatheter Heart Valve Therapy | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Concurrent with the Valtech closing, the Company entered an exclusive option to acquire the spun-off early-stage transseptal mitral valve replacement program for approximately $200.0 million; option expires two years after closing, extendable up to one year. | ||||
| 2015-12-31 | acquisition_addition | completed | 2015-07-03 | 2015-08-26 | United States | Transcatheter Heart Valve Therapy (mitral valve program) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Merger agreement signed 2015-07-03; closed 2015-08-26 for $348.0 million cash plus a contingent $50.0 million milestone payment. Headcount added through the acquisition is not disclosed. | |||
| 2015-12-31 | acquisition_addition | completed | 2015-07-03 | 2015-08-26 | Global | Transcatheter Heart Valve Therapy | USD 348 (millions) | Note 7 — Acquisition f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of CardiAQ Valve Technologies, Inc. closed August 26, 2015. Specific headcount added not disclosed. | ||
| 2015-12-31 | acquisition_addition | completed | 2015-07-03 | 2015-08-26 | Global | Transcatheter Heart Valve Therapy | USD 348 (millions) | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of CardiAQ Valve Technologies, Inc. closed August 26, 2015. Headcount not explicitly disclosed. | ||
| 2015-12-31 | restructuring | in_progress | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2015-09-30 | acquisition_addition | completed | 2015-07-03 | 2015-08-26 | United States | United States segment — transcatheter mitral valve program | USD 1 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Merger closed 2015-08-26 for $348.0M cash plus contingent $50.0M milestone; acquisition-related costs of $1.2M recorded in SG&A. Headcount added not disclosed. Exhibit 10.1 indicates certain CardiAQ personnel became employees effective 2015-09-01, count not stated. | ||
| 2015-09-30 | restructuring | completed | 2014-09-01 | United States | Automated glucose monitoring program | USD 3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Prior-year (Sept 2014) refocus of automated glucose monitoring resources, including severance; disclosed here only as comparative context for the zero special charges in the current nine-month period. No employee count given. | |||
| 2015-09-30 | restructuring | completed | 2014-09-01 | Automated glucose monitoring program | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charge recorded in Sept 2014 for strategic shift; includes severance costs. No employee count disclosed. | ||||
| 2014-12-31 | restructuring | completed | 2014-09-30 | Not specified | Critical Care — automated glucose monitoring program | USD 3 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | September 2014 strategic refocus discontinued the automated glucose monitoring program; charge covered intangible and fixed asset write-downs plus severance costs. Number of employees affected not disclosed. A separate $2.0 million charge to Cost of Sales related to disposal of customer-held inventory and equipment. | |||
| 2014-12-31 | restructuring | completed | 118 | 2013-12-01 | 2015-12-31 | Global | USD 10 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Global workforce realignment impacting 118 employees. Charge recorded in December 2013. Remaining severance obligations of $3.3 million expected to be substantially paid by end of 2015. | ||
| 2014-12-31 | restructuring | completed | 92 | 2012-12-01 | 2014-12-31 | Global | USD 9 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Global workforce realignment impacting 92 employees. Charge recorded in December 2012. Payments related to the realignment were complete as of December 31, 2014. | ||
| 2014-12-31 | restructuring | completed | 2014-09-01 | 2014-09-30 | Automated glucose monitoring program | USD 3 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Strategic shift to discontinue automated glucose monitoring program. Charge includes write-down of intangible asset and fixed assets, and severance costs. Employee count not explicitly disclosed. | |||
| 2014-12-31 | restructuring | completed | 118 | 2013-12 | 2015-12-31 | Global | Global workforce realignment | USD 10 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Charge recorded in Dec 2013 for global workforce realignment impacting 118 employees. Remaining severance obligations of $3.3 million expected to be substantially paid by end of 2015. | |
| 2014-12-31 | restructuring | completed | 92 | 2012-12 | 2014-12-31 | Global | Global workforce realignment | USD 9 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Charge recorded in Dec 2012 for global workforce realignment impacting 92 employees. Payments related to the realignment were complete as of Dec 31, 2014. | |
| 2014-12-31 | restructuring | completed | 2014-09 | 2014-09 | Global | Automated glucose monitoring program | USD 3 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Strategic shift to discontinue automated glucose monitoring program. Charge includes write-down of intangible/fixed assets and severance costs. Employee count not explicitly disclosed. | ||
| 2014-09-30 | restructuring | completed | 2014-09 | Automated glucose monitoring program | USD 3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Refocus of resources away from automated glucose monitoring; charge covered intangible and fixed asset write-downs plus severance. A separate $2.0M charge to Cost of Sales related to disposal of customer-held inventory and equipment. No employee count disclosed. | ||||
| 2014-09-30 | restructuring | completed | 2014-09-30 | Automated glucose monitoring program | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Refocus resources from automated glucose monitoring program; charge includes write-down of intangible/fixed assets and severance costs. | ||||
| 2013-12-31 | restructuring | in_progress | 118 | 2013-12 | 2014-12-31 | Global | Global workforce realignment | USD 10 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Charge recorded December 2013, primarily severance; remaining severance obligations of $9.2 million expected to be substantially paid by end of 2014 | |
| 2013-12-31 | restructuring | completed | 118 | 2013-12-01 | 2014-12-31 | Global | Global workforce realignment | USD 10 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | December 2013 global workforce realignment impacting 118 employees. $10.4 million charge recorded primarily for severance. Remaining obligations of $9.2 million expected to be substantially paid by end of 2014. | |
| 2013-12-31 | restructuring | in_progress | 118 | 2013-12-01 | 2014-12-31 | Global | USD 10 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Global workforce realignment impacting 118 employees. Remaining severance obligations of $9.2 million expected to be substantially paid by end of 2014. | ||
| 2013-12-31 | restructuring | in_progress | USD 10,400,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2013-12-31 | restructuring | in_progress | 2013 global workforce realignment | USD 10,400,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2013-12-31 | restructuring | in_progress | 118 | 2013 global workforce realignment / Employee Severance [Member] | USD 10,400,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||
| 2012-12-31 | restructuring | in_progress | 92 | 2012-12 | 2013-12-31 | Global | Global workforce realignment | USD 9 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Charge recorded December 2012, primarily severance; remaining severance obligations of $8.5 million expected to be substantially paid by end of 2013. | |
| 2012-12-31 | acquisition_addition | completed | 2012-10-09 | 2012-10-09 | Netherlands | Critical Care (non-invasive hemodynamic monitoring) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired all outstanding shares for €28.4 million ($36.9 million); acquired headcount not disclosed. | |||
| 2012-12-31 | restructuring | completed | 92 | 2012-12-01 | 2013-12-31 | Global | USD 9 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Global workforce realignment impacting 92 employees. $9.0 million charge recorded in December 2012. Remaining severance obligations of $8.5 million expected to be substantially paid by end of 2013. | ||
| 2012-12-31 | restructuring | in_progress | 92 | 2012-12-01 | 2013-12-31 | Global | USD 9 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Global workforce realignment impacting 92 employees. Remaining severance obligations of $8.5 million expected to be substantially paid by end of 2013. | ||
| 2012-12-31 | restructuring | in_progress | 92 | Restructuring Charges / Employee Severance2012 Realignment | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2012-09-30 | acquisition_addition | announced | 2012-10-09 | 2012-10-09 | Netherlands | Critical Care / hemodynamic monitoring | USD 42 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of BMEYE, B.V. for EUR 32.5 million (approx. $42 million); purchase price primarily goodwill and IPR&D. No employee count disclosed. | ||
| 2011-12-31 | restructuring | in_progress | 49 | 2011-12 | 2013-03-31 | Global | Not specified | USD 6 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Charge recorded December 2011, primarily severance for a global workforce realignment; remaining severance obligations of $5.2 million expected to be substantially paid by March 2013. A prior-year realignment affecting 84 employees (December 2010, $7.2 million) is excluded as it falls outside the current fiscal year. | |
| 2011-12-31 | acquisition_addition | completed | 2011-03-11 | 2011-03-11 | Not specified | Europe segment (goodwill assigned) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | All outstanding shares acquired for $42.6 million cash; Embrella was a start-up developing a cerebral embolic protection device. No employee headcount added is disclosed. | |||
| 2011-12-31 | divestiture_reduction | completed | 2011-03-31 | 2011-03-31 | Not specified | Vascular | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Company discontinued distribution of artificial implantable grafts during the first quarter of 2011, contributing to a $2.3 million decline in Vascular net sales. No associated headcount reduction is disclosed. | |||
| 2011-12-31 | restructuring | completed | 49 | 2011-12-01 | 2013-03-31 | Global | Global workforce realignment | USD 6 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | December 2011 global workforce realignment impacting 49 employees. Charge of $5.5 million primarily for severance. Remaining obligations of $5.2 million expected to be substantially paid by March 2013. | |
| 2011-12-31 | restructuring | completed | 84 | 2010-12-01 | 2012-06-30 | Global | Global workforce realignment | USD 7 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | December 2010 global workforce realignment impacting 84 employees. Charge of $7.2 million primarily for severance. As of Dec 31, 2011, remaining obligations of $1.2 million expected to be substantially paid by June 2012. | |
| 2011-12-31 | restructuring | in_progress | 49 | 2011-12-31 | 2013-03-31 | Global | USD 6 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Global workforce realignment impacting 49 employees. Remaining severance obligations of $5.2 million expected to be substantially paid by March 2013. | ||
| 2011-12-31 | restructuring | in_progress | 49 | Restructuring Charges / Employee Severance2011 Realignment | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2011-09-30 | restructuring | in_progress | 84 | 2010-12 | 2012-03 | Global | Global workforce realignment | USD 7 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charge recorded December 2010, primarily severance for 84 employees; $1.5M of remaining severance obligations expected to be substantially paid by March 2012 as of September 30, 2011. | |
| 2011-09-30 | acquisition_addition | completed | 2011-03-11 | Europe segment (goodwill assigned); cerebral embolic protection device development | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired all outstanding shares for $42.6M cash; headcount added through the acquisition is not disclosed in this filing. | |||||
| 2011-09-30 | restructuring | in_progress | 84 | 2010-12-01 | 2012-03-31 | Global | USD 7 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Global workforce realignment impacting 84 employees; remaining severance obligations of $1.5 million expected to be substantially paid by March 2012. | ||
| 2011-06-30 | restructuring | in_progress | 84 | 2010-12 | 2011-12 | Global | USD 7 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Global workforce realignment announced December 2010, primarily severance, impacting 84 employees. As of 2011-06-30 remaining severance obligations of $1.9 million expected to be substantially paid by December 2011. Charge recorded in December 2010 (prior fiscal year); no additional realignment charge in the current quarter. | ||
| 2011-06-30 | acquisition_addition | completed | 2011-03-11 | Cerebral embolic protection device development | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | All outstanding shares acquired for $42.6 million cash; headcount added through the acquisition is not disclosed. Acquisition-related costs of $0.9 million recorded in Other Income, net in Q1 2011. | |||||
| 2011-06-30 | restructuring | in_progress | 84 | 2010-12-01 | 2011-12-31 | Global | USD 7 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Global workforce realignment impacting 84 employees; remaining severance obligations of $1.9 million expected to be substantially paid by December 2011. | ||
| 2011-03-31 | restructuring | in_progress | 84 | 2010-12 | 2011-12-31 | Global | Global workforce realignment | USD 7 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charge recorded December 2010, primarily severance for 84 employees. Remaining severance obligations of $3.0 million as of 2011-03-31, expected to be substantially paid by December 2011. Also disclosed in MD&A under Special Charges. | |
| 2011-03-31 | restructuring | in_progress | 84 | 2010-12-01 | 2011-12-31 | Global | USD 7 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Global workforce realignment impacting 84 employees; remaining severance obligations of $3.0 million expected to be substantially paid by December 2011. | ||
| 2010-12-31 | restructuring | completed | 84 | 2010-12-31 | 2011-12-31 | Global | Global workforce realignment | USD 7 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Charge recorded December 2010, primarily severance; remaining payments of $5.7 million expected to be paid in 2011. Announcement date approximated to charge-recording month (December 2010); exact announcement day not disclosed. | |
| 2010-12-31 | other | completed | 2010-06-30 | 2010-06-30 | Global | Heart Valve Therapy — MONARC transcatheter mitral valve program | USD 8 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Program discontinued in Q2 2010 due to slow enrollment in EVOLUTION II trial; $8.3M charge ($7.6M intangible impairment plus $0.7M clinical trial costs). No employee count disclosed; announcement date approximated to Q2 2010. | ||
| 2010-12-31 | restructuring | completed | 84 | 2010-12-31 | 2011-12-31 | Global | USD 7 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Global workforce realignment impacting 84 employees. Charge recorded in December 2010. Remaining payments of $5.7 million expected to be paid in 2011. | ||
| 2010-12-31 | restructuring | in_progress | 84 | 2010-12-01 | 2011-12-31 | Global | USD 7 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Global workforce realignment impacting 84 employees. Charge recorded in December 2010 primarily for severance. Remaining payments of $5.7 million expected in 2011. | ||
| 2009-12-31 | divestiture_reduction | completed | 2009-06-30 | 2009-09-01 | Not disclosed | Critical Care (hemofiltration product line) | USD 2 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Hemofiltration product line sold effective 2009-09-01 for $55.9 million cash plus up to $9.0 million earn-out; $1.5 million charge recorded in June 2009 for transaction costs and employee severance related to the pending sale. No employee count disclosed. | ||
| 2009-12-31 | divestiture_reduction | completed | 2008-01-15 | 2009-09-30 | United States | Vascular (LifeStent product line) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | LifeStent sale occurred January 2008 (prior fiscal year); current-year event is the September 2009 transfer of device manufacturing to the buyer, which ended the Company's transition manufacturing obligations. Final $15.0 million milestone earned. No employee count disclosed. | |||
| 2009-12-31 | restructuring | completed | 2008-03-01 | Global | Executive | USD 1 (millions) | Item 7. MD&A - Special (Gains) Charges, net f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | March 2008 executive severance charge. Payments substantially complete as of Dec 31, 2009. | |||
| 2009-12-31 | restructuring | completed | 180 | 2007-12-01 | United States, Europe, Japan | Global | USD 14 (millions) | Item 7. MD&A - Special (Gains) Charges, net f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | December 2007 global reduction in workforce impacting approximately 180 employees, associated with LifeStent sale and termination of Japan distribution agreement. Payments substantially complete as of Dec 31, 2009. | ||
| 2009-12-31 | restructuring | completed | 180 | 2007-12 | 2009-12-31 | United States, Europe, Japan | Global | USD 14 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | December 2007 realignment expenses primarily related to severance associated with the sale of the LifeStent product line and a global reduction in workforce impacting approximately 180 employees. Payments substantially complete as of December 31, 2009. | |
| 2009-12-31 | restructuring | completed | 2008-03 | 2009-12-31 | Global | Executive | USD 1 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | March 2008 charge for executive severance associated with business realignment. Payments substantially complete as of December 31, 2009. | ||
| 2009-09-30 | restructuring | completed | 180 | 2007-12-01 | 2009-12-31 | United States, Europe, and Japan | Global workforce reduction | USD 14 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | December 2007 global reduction in workforce impacting approximately 180 employees. Remaining payments of approximately $1.3 million expected through end of 2009. | |
| 2009-09-30 | restructuring | completed | 2008-03-01 | 2009-09-30 | Global | Executive | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | March 2008 executive severance associated with business realignment. Payments substantially complete as of September 30, 2009. | ||
| 2009-09-30 | divestiture_reduction | completed | 2009-09-01 | 2009-09-01 | Global | Hemofiltration product line | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of hemofiltration product line effective September 1, 2009. Includes $1.5 million charge in June 2009 for transaction costs and employee severance. | ||
| 2009-06-30 | divestiture_reduction | announced | 2009-06 | Critical Care — hemofiltration product line | USD 2 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to sell hemofiltration assets for approximately $55.9 million plus up to $9.0 million contingent on buyer revenue objectives; the $1.5 million charge covers transaction costs and employee severance. Expected to close in Q3 2009 pending regulatory approvals; no employee count or geography disclosed. | ||||
| 2009-06-30 | restructuring | in_progress | 2009-06-30 | Global | Hemofiltration product line | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charge for transaction costs and employee severance related to pending sale of hemofiltration assets. Employee count not disclosed. | |||
| 2009-06-30 | restructuring | completed | 2008-03-31 | 2009-12-31 | Global | Executive / Corporate | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Executive severance associated with business realignment. Payments substantially complete as of June 30, 2009. | ||
| 2009-06-30 | restructuring | completed | 180 | 2007-12-31 | 2009-12-31 | United States, Europe, Japan | Global workforce reduction | USD 14 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Global reduction in workforce impacting approximately 180 employees. Remaining payments of approx $1.7 million expected through end of 2009. | |
| 2009-03-31 | restructuring | in_progress | 180 | 2007-12 | 2009-12-31 | United States, Europe, Japan | Global | USD 14 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Program announced December 2007; ~180 employees impacted at announcement. Remaining severance payments of approximately $2.1M expected through end of 2009. Also included termination of IABP distribution agreement in Japan. | |
| 2009-03-31 | divestiture_reduction | in_progress | 2008-01 | 2010-06-30 | Global | Vascular | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | LifeStent peripheral vascular product line divested January 2008; no employee count disclosed. Company continues providing transition manufacturing services until mid-2010 or transfer of manufacturing to buyer. No headcount figure given. | |||
| 2009-03-31 | restructuring | in_progress | 180 | 2007-12-01 | 2009-12-31 | United States, Europe, Japan | Global workforce reduction | USD 14 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | December 2007 realignment expenses primarily related to severance associated with LifeStent sale and global reduction in workforce impacting approximately 180 employees. Remaining payments of approximately $2.1 million expected through end of 2009. | |
| 2009-03-31 | restructuring | in_progress | 2008-03-01 | 2009-12-31 | Global | Executive | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | March 2008 charge for executive severance associated with business realignment. Remaining payments of $0.3 million expected through end of 2009. | ||
| 2008-12-31 | divestiture_reduction | completed | 2008-01-31 | United States | Vascular | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of the LifeStent peripheral vascular product line completed January 2008; no employee count disclosed. Company provides transition manufacturing services until mid-2010 or transfer of manufacturing to buyer. | ||||
| 2008-12-31 | restructuring | completed | 2008-03-31 | 2009-12-31 | United States | Corporate | USD 1 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | March 2008 charge for executive severance tied to business realignment; remaining payments of $0.7 million expected through end of 2009. Number of executives affected not disclosed. | ||
| 2008-12-31 | restructuring | completed | 180 | 2007-12-31 | United States, Europe, Japan | Global | USD 14 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | December 2007 realignment related to LifeStent sale and global workforce reduction. $3.0 million of accrued severance reversed in 2008. Remaining payments of $2.6 million expected in 2009. | ||
| 2008-12-31 | restructuring | completed | 92 | 2006-01-01 | Japan | Manufacturing | USD 2 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | January 2006 realignment for planned closure of manufacturing facility in Japan. All payments complete as of December 31, 2008. | ||
| 2008-12-31 | restructuring | completed | 70 | 2006-12-31 | United States, Europe | Global | USD 7 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | December 2006 global reduction in workforce. All payments complete as of December 31, 2008. | ||
| 2008-12-31 | restructuring | completed | 2008-03-01 | 2009-12-31 | United States | Executive | USD 1 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | March 2008 executive severance associated with business realignment. Remaining payments of $0.7 million expected through end of 2009. | ||
| 2008-12-31 | restructuring | completed | 180 | 2007-12 | 2009-12-31 | United States, Europe, Japan | Global | USD 14 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | December 2007 realignment related to LifeStent sale and global workforce reduction. $3.0 million reversed in 2008. Remaining payments of approx $2.6 million expected in 2009. | |
| 2008-12-31 | restructuring | completed | 2008-03 | 2009-12-31 | Global | Executive | USD 1 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | March 2008 executive severance associated with business realignment. Remaining payments of $0.7 million expected through end of 2009. | ||
| 2008-09-30 | restructuring | in_progress | 180 | 2007-12 | 2009-12-31 | United States, Europe and Japan | Global realignment (LifeStent divestiture and intra-aortic balloon pump distribution termination) | USD 3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Program announced December 2007 (prior to this quarter) but disclosed as ongoing in this filing; approximately 180 employees impacted. Charge shown is remaining accrued severance payments expected through end of 2009; original $13.9M realignment charge was recorded in December 2007. | |
| 2008-09-30 | restructuring | in_progress | 2008-03 | 2009-12-31 | Not specified | Executive severance tied to business realignment | USD 1 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Executive severance charge recorded March 2008, partly offset by a $1.4M reversal of December 2007 LifeStent-related accrued severance. Remaining payments of $1.0M expected through end of 2009. No employee count disclosed. | ||
| 2008-09-30 | restructuring | in_progress | 180 | 2007-12-01 | 2009-12-31 | United States, Europe, Japan | Global | USD 14 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Global reduction in workforce impacting approximately 180 employees. Remaining payments of $3.4 million expected through end of 2009. | |
| 2008-09-30 | restructuring | in_progress | 2008-03-01 | 2009-12-31 | Global | Executive | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Executive severance associated with business realignment. Remaining payments of $1.0 million expected through end of 2009. | ||
| 2008-06-30 | restructuring | in_progress | 180 | 2007-12 | 2008 | United States, Europe, Japan | Global workforce (LifeStent divestiture and corporate realignment) | USD 14 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Program announced December 2007; charge also covers termination of the intra-aortic balloon pump distribution agreement in Japan. Approximately 180 employees impacted; remaining severance payments of $5.0 million expected during 2008. | |
| 2008-06-30 | restructuring | in_progress | 2008-03 | 2009 | Executive | USD 1 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Executive severance charge recorded March 2008 as part of the business realignment, partly offset by a $1.4 million reversal of severance accrued in Q4 2007 for the LifeStent sale. Remaining payments expected through the end of 2009; employee count not disclosed. | |||
| 2008-06-30 | divestiture_reduction | completed | 2008-01 | United States | Vascular (LifeStent peripheral vascular product line) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of LifeStent assets completed January 2008 with $74.0 million cash at closing plus up to $65.0 million in milestones; pre-tax loss of $8.1 million recorded. No headcount impact disclosed; company continues manufacturing for the buyer until mid-2010 or transfer of manufacturing. | ||||
| 2008-06-30 | restructuring | in_progress | 180 | 2007-12-01 | 2008-12-31 | United States, Europe, Japan | Global | USD 14 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Global reduction in workforce impacting approximately 180 employees. Remaining payments of $5.0 million expected in 2008. | |
| 2008-06-30 | restructuring | in_progress | 2008-03-01 | 2009-12-31 | Global | Executive | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Executive severance associated with business realignment. Remaining payments of $1.3 million expected through end of 2009. | ||
| 2008-03-31 | restructuring | in_progress | 180 | 2007-12 | 2008 | United States, Europe and Japan | Global — LifeStent product line sale and corporate realignment | USD 14 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance tied to LifeStent sale and workforce reduction of approximately 180 employees, plus termination of the Japan intra-aortic balloon pump distribution agreement; $8.9M of remaining payments expected during 2008. Q1 2008 realignment activity was a net $(0.1)M: $1.3M executive severance offset by a $1.4M reversal of prior-year LifeStent severance accrual. | |
| 2008-03-31 | divestiture_reduction | completed | 2008-01 | Global | Vascular — LifeStent peripheral vascular product line | USD 8 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Pre-tax loss on sale, not severance; no employee count disclosed. Company provides transition manufacturing services until mid-2010 or transfer of manufacturing to buyer, so workforce impact was not quantified and results were not reported as discontinued operations. | |||
| 2008-03-31 | other | announced | 2 | 2008-05-30 | United States | Executive management — Heart Valve and Cardiac Surgery Systems; Critical Care and Vascular | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Two Corporate Vice Presidents to separate on 2008-05-30 as part of an executive management reorganization; each receives $9,000/month for six months beginning 2009 plus $100,000 lump sums on 2009-03-01 and 2010-01-01 for transition services. Announcement date not stated in the filing. | |||
| 2008-03-31 | restructuring | in_progress | 180 | 2007-12-01 | 2008-12-31 | United States, Europe, Japan | USD 14 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Global reduction in workforce primarily in US, Europe, and Japan impacting approx 180 employees. Remaining payments of $8.9 million expected in 2008. | ||
| 2008-03-31 | restructuring | completed | 2008-03-01 | 2008-03-31 | Executive | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Executive severance associated with business realignment, offset by $1.4 million reversal of previously accrued severance costs. | |||
| 2007-12-31 | restructuring | in_progress | 180 | 2007-12-31 | 2008-12-31 | United States, Europe, Japan | Multiple (includes LifeStent product line and corporate functions) | USD 14 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | December 2007 realignment charge covering severance tied to the LifeStent sale, a global workforce reduction of approximately 180 employees, and termination of the intra-aortic balloon pump distribution agreement in Japan; approximately $13.0 million of remaining payments expected during 2008. | |
| 2007-12-31 | acquisition_addition | completed | 2007-12-31 | 2007-12-31 | Not disclosed | Cardiac Surgery Systems (minimally invasive heart valve surgery) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of certain assets of the CardioVations Division of Ethicon, Inc. completed December 2007 for a total purchase price of $28.1 million; no headcount acquired disclosed. | |||
| 2007-12-31 | divestiture_reduction | completed | 2008-01-31 | Not disclosed | Vascular (LifeStent peripheral vascular product line) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of LifeStent assets completed January 2008 for $74.0 million cash at closing plus up to $65.0 million in milestones; Company expects a pre-tax loss of approximately $7 million in Q1 2008, including a $34.6 million goodwill write-off. No headcount reduction disclosed; severance related to this sale is included in the December 2007 realignment charge. | ||||
| 2007-12-31 | restructuring | in_progress | 180 | 2007-12-31 | 2008-12-31 | United States, Europe, Japan | Global | USD 14 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | December 2007 realignment expenses related to sale of LifeStent product line and global workforce reduction. Remaining payments of approximately $13.0 million expected to be paid in 2008. | |
| 2007-12-31 | restructuring | completed | 70 | 2006-12-31 | 2007-12-31 | United States, Europe | Global | USD 7 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | December 2006 global reduction in workforce. All payments substantially complete as of December 31, 2007. | |
| 2007-12-31 | restructuring | completed | 92 | 2006-01-31 | 2007-12-31 | Japan | Manufacturing | USD 2 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | January 2006 planned closure of manufacturing facility in Japan. All payments substantially complete as of December 31, 2007. | |
| 2007-12-31 | restructuring | in_progress | 180 | 2007-12-31 | 2008-12-31 | United States, Europe, Japan | Global | USD 14 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Severance expenses associated with the sale of the LifeStent product line and a global reduction in workforce. Remaining payments of approximately $13.0 million expected to be paid in 2008. | |
| 2007-12-31 | plant_closure | completed | 92 | 2006-01-31 | 2006-12-31 | Japan | Manufacturing | USD 2 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Severance expenses associated with the planned closure of a manufacturing facility in Japan. Recorded in January 2006. Payments substantially complete as of Dec 31, 2007. | |
| 2007-09-30 | reduction_in_force | in_progress | 70 | 2006-12-31 | 2007-12-31 | United States and Europe | USD 7 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Announced in December 2006, prior to this quarter; disclosed here for ongoing severance payment status. Approximately $5.4 million of severance paid as of 2007-09-30, remainder expected substantially paid by end of 2007. | ||
| 2007-09-30 | plant_closure | in_progress | 92 | 2006-03-31 | 2007-12-31 | Japan | Manufacturing | USD 2 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Planned closure of a Japan manufacturing facility recorded in the first quarter of 2006 (announcement date approximated to quarter end); disclosed here for payment status. Remaining payments of about $0.4 million expected in Q4 2007. | |
| 2007-09-30 | restructuring | completed | 52 | 2005-12-31 | 2007-09-30 | Puerto Rico, Europe and United States | USD 4 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Resource realignment charge recorded December 2005 (prior period); disclosed in this filing's special charges footnote. Related payments substantially complete as of 2007-09-30. | ||
| 2007-09-30 | acquisition_addition | announced | 2007-11-01 | 2007-12-31 | CardioVations Division of Ethicon, Inc. — minimally invasive heart valve surgery products and technology | USD 27 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to acquire certain assets for approximately $27 million; no headcount transferred or affected was disclosed. | |||
| 2007-09-30 | restructuring | in_progress | 70 | 2006-12-01 | 2007-12-31 | United States and Europe | Global workforce | USD 7 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Global reduction in workforce of approximately 70 employees. $5.4 million paid as of Sept 30, 2007; remainder expected substantially paid by end of 2007. | |
| 2007-09-30 | plant_closure | in_progress | 92 | 2006-03-01 | 2007-12-31 | Japan | Manufacturing | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Planned closure of a manufacturing facility in Japan impacting 92 employees. Remaining payments of approx $0.4 million expected in Q4 2007. | |
| 2007-06-30 | restructuring | in_progress | 70 | 2006-12-01 | 2007-12-31 | United States and Europe | USD 7 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Global reduction in workforce; $4.6 million paid as of June 30, 2007, with remainder expected substantially paid by end of 2007. | ||
| 2007-06-30 | plant_closure | in_progress | 92 | 2006-03-01 | 2007-09-30 | Japan | Manufacturing | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Planned closure of manufacturing facility; remaining payments of approximately $1.3 million expected in Q3 2007. | |
| 2007-03-31 | plant_closure | in_progress | 92 | 2006-03-31 | 2007-09-30 | Japan | Manufacturing | USD 2 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance tied to planned closure of a Japan manufacturing facility; announced in Q1 2006 (exact date not disclosed). $1.3 million paid as of 2007-03-31; payments expected through Q3 2007. | |
| 2007-03-31 | reduction_in_force | in_progress | 70 | 2006-12-31 | 2007-12-31 | United States; Europe | Global | USD 7 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Global reduction in workforce of approximately 70 employees recorded in December 2006 (month only; day not disclosed). $3.7 million of severance paid as of 2007-03-31; remainder expected substantially paid by end of 2007. | |
| 2007-03-31 | restructuring | completed | 52 | 2005-12-31 | 2007-03-31 | Puerto Rico; Europe; United States | Global | USD 4 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Resource realignment recorded in December 2005 (month only; day not disclosed). Payments related to the realignment were substantially complete as of 2007-03-31. | |
| 2007-03-31 | restructuring | in_progress | 92 | 2006-03-31 | 2007-09-30 | Japan | Manufacturing | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Planned closure of manufacturing facility; $1.3M paid as of March 31, 2007. | |
| 2007-03-31 | restructuring | in_progress | 70 | 2006-12-31 | 2007-12-31 | United States and Europe | Global | USD 7 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Global reduction in workforce; $3.7M paid as of March 31, 2007. | |
| 2006-12-31 | plant_closure | in_progress | 92 | 2006-03-31 | 2007-09-30 | Japan | Manufacturing | USD 2 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | First-quarter 2006 charge related primarily to severance for the planned closure of a manufacturing facility in Japan; payments anticipated through the third quarter of 2007. Charge is net of a $0.4 million reversal of previously accrued severance from the Japan perfusion product line sale. | |
| 2006-12-31 | restructuring | in_progress | 70 | 2006-12-31 | 2007-12-31 | United States and Europe | Global | USD 7 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | December 2006 charge for severance tied to a global workforce reduction of approximately 70 employees; $0.4 million paid as of year-end, remainder expected to be paid substantially by end of 2007. Total realignment expenses, net for 2006 were $9.4 million. | |
| 2006-12-31 | restructuring | completed | 70 | 2006-12-31 | 2007-12-31 | Global (primarily United States and Europe) | USD 7 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Global reduction in workforce of approximately 70 employees. Charge of $7.3 million recorded in December 2006. Remaining amount expected to be paid out substantially by the end of 2007. | ||
| 2006-12-31 | plant_closure | in_progress | 92 | 2006-03-31 | 2007-09-30 | Japan | Manufacturing | USD 2 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Planned closure of a manufacturing facility in Japan. Charge of $2.1 million recorded in the first quarter of 2006. Payments anticipated through the third quarter of 2007. | |
| 2006-12-31 | restructuring | in_progress | 70 | 2006-12-31 | 2007-12-31 | United States and Europe | USD 7 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Global reduction in workforce of approximately 70 employees. Charge recorded in December 2006. Remaining amount expected to be paid out substantially by the end of 2007. | ||
| 2006-12-31 | plant_closure | in_progress | 92 | 2006-03-31 | 2007-09-30 | Japan | Manufacturing | USD 2 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Planned closure of a manufacturing facility in Japan. Charge recorded in first quarter 2006. Payments anticipated through third quarter 2007. | |
| 2006-09-30 | plant_closure | in_progress | 92 | 2006-03-31 | 2007-09-30 | Japan | Manufacturing | USD 2 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charge recorded in Q1 2006 for planned closure of a Japan manufacturing facility affecting 92 employees; net of a $0.4M reversal of previously accrued severance. Payments expected through Q3 2007; $0.4M paid as of 2006-09-30. Announcement date shown as quarter-end of Q1 2006 because only the quarter of recording is disclosed. | |
| 2006-09-30 | divestiture_reduction | in_progress | 2006-04-01 | 2006-12-31 | International | Cardiopulmonary perfusion product line | USD 3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of most assets of the remaining international cardiopulmonary perfusion product line initiated in Q2 2006; $2.6M impairment recorded (includes $1.5M direct incremental sale costs). No employee count disclosed. Announcement date shown as start of Q2 2006 because only the quarter is disclosed. | ||
| 2006-09-30 | restructuring | in_progress | 92 | 2006-01-01 | 2007-09-30 | Japan | Manufacturing | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance expenses associated with the planned closure of a manufacturing facility in Japan. Payments anticipated through Q3 2007. | |
| 2006-06-30 | plant_closure | in_progress | 92 | 2006-01-01 | 2007-09-30 | Japan | Manufacturing | USD 2 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Primarily severance for planned closure of a Japan manufacturing facility; $0.1M paid as of 2006-06-30; charge net of $0.4M reversal of prior severance accrual related to Terumo sale. | |
| 2006-06-30 | divestiture_reduction | completed | 2006-05-01 | Not specified | Pharmaceutical product line (non-strategic) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of non-strategic pharmaceutical product line to Bioniche Teoranta for $9.0M with a $4.5M gain; no employee count disclosed. | ||||
| 2006-06-30 | divestiture_reduction | in_progress | 2006-04-01 | 2006-12-31 | International | Cardiopulmonary perfusion product line | USD 3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Initiated sale of most remaining international perfusion assets; $2.6M impairment including $1.5M direct sale costs; carrying value $8.0M; no employee count disclosed. | ||
| 2006-06-30 | restructuring | in_progress | 92 | 2006-01-01 | 2007-09-30 | Japan | Manufacturing | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance expenses associated with planned closure of a manufacturing facility in Japan. Payments anticipated through Q3 2007. | |
| 2006-03-31 | plant_closure | in_progress | 92 | Japan | Manufacturing | USD 2 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Realignment charge recorded in Q1 2006 for planned closure of a Japan manufacturing facility affecting 92 employees; primarily severance expense, net of a $0.4M reversal of previously accrued severance. No severance payments had been made as of 2006-03-31. Announcement date and completion date not stated. | |||
| 2006-03-31 | divestiture_reduction | completed | 2005-01 | Japan | Cardiac Surgery Systems (perfusion products) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of Japan perfusion products business to Terumo Corporation for $14.9M cash consideration ($9.2M received January 2005, $5.7M received March 2006); associated headcount not disclosed. Related exit of Japan pacemaker distribution business also part of the January 2005 Japan realignment. | ||||
| 2006-03-31 | plant_closure | in_progress | 92 | 2006-03-31 | Japan | Manufacturing | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Realignment expenses recorded in Q1 2006 for planned closure of a manufacturing facility. No severance payments made as of March 31, 2006. | ||
| 2005-12-31 | restructuring | in_progress | 52 | 2005-12-31 | 2006-12-31 | Puerto Rico, Europe, North America | Resource realignment (cross-functional) | USD 4 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | December 2005 severance charge for a resource realignment reducing workforce by 52 employees; $1.3 million paid by year-end, remaining $2.6 million expected to be paid in 2006. | |
| 2005-12-31 | restructuring | completed | 2005-01-31 | 2005-12-31 | Japan | Japan operations — pacemaker distribution exit and perfusion products business realignment | USD 6 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | January 2005 Japan realignment: restructured operations, exited pacemaker distribution, and sold perfusion products business to Terumo; $5.7 million realignment charge (primarily severance from headcount reductions) plus $1.0 million pension settlement/curtailment charge, offset by $7.7 million gain on sale. Headcount reduction not quantified. | ||
| 2005-12-31 | divestiture_reduction | completed | 2005-11-30 | 2005-11-30 | Not disclosed | Vascular — vascular graft business (Lifespan product line) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Vascular graft business sold to Angiotech Pharmaceuticals for $14.0 million cash, resulting in a $13.1 million net gain; Company continues to market the Lifespan product line. Associated headcount not disclosed. | |||
| 2005-12-31 | restructuring | completed | 52 | 2005-12-01 | 2006-12-31 | Puerto Rico, Europe, North America | USD 4 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | December 2005 resource realignment. Charge of $3.9 million for severance costs associated with reducing workforce by 52 employees. $1.3 million paid as of Dec 31, 2005; remaining $2.6 million expected to be paid in 2006. | ||
| 2005-12-31 | divestiture_reduction | completed | 2005-01-01 | 2005-12-31 | Japan | Perfusion products | USD 6 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | January 2005 realignment of Japan business. Exited pacemaker distribution and sold perfusion products business. $5.7 million charge related to realignment operations, primarily severance costs due to headcount reductions and pension settlement/curtailment. | ||
| 2005-12-31 | restructuring | completed | 52 | 2005-12-31 | 2006-12-31 | Puerto Rico, Europe, North America | USD 4 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Resource realignment in December 2005. Charge of $3.9 million related to severance for 52 employees. $1.3 million paid by year-end, $2.6 million expected to be paid in 2006. | ||
| 2005-12-31 | restructuring | completed | 2005-01-31 | 2006-12-31 | Japan | Perfusion Products | USD 6 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Realignment of operations in Japan in January 2005. Included exit from pacemaker distribution and sale of perfusion products business. $5.7 million charge primarily related to severance costs due to headcount reductions. | ||
| 2005-09-30 | divestiture_reduction | in_progress | 2005-01 | 2006-09-30 | Japan | Cardiac Surgery Systems (perfusion products); pacemaker distribution | USD 6 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Japan realignment: perfusion products business sold to Terumo, pacemaker distribution exited; $5.7M realignment charge mainly severance from headcount reductions. $2.8M severance paid through 2005-09-30, remainder due by 2006-09. Number of employees affected not disclosed. | ||
| 2005-09-30 | divestiture_reduction | announced | 2005-11-03 | 2005-12-31 | Not disclosed | Vascular (vascular graft business) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to sell vascular graft business for approximately $14 million, subject to Board approval; expected close December 2005. Headcount impact not disclosed. | |||
| 2005-09-30 | restructuring | in_progress | 2005-01-01 | 2006-09-30 | Japan | Operations | USD 6 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charge related to realignment of operations, primarily severance costs due to headcount reductions. Remaining amount to be paid by September 2006. | ||
| 2005-06-30 | restructuring | in_progress | 2005-01 | 2006-09-30 | Japan | Perfusion products, pacemaker distribution, and Japanese operations | USD 6 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Realignment of Japan operations announced January 2005; charge primarily severance from headcount reductions. $2.8M severance paid as of 2005-06-30, remainder due by September 2006. Number of employees affected not disclosed. | ||
| 2005-06-30 | restructuring | in_progress | 2005-01 | 2006-09 | Japan | Operations | USD 6 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Realignment of Japanese operations including exit of pacemaker distribution business; charge primarily related to severance costs due to headcount reductions. | ||
| 2005-03-31 | restructuring | in_progress | 2005-01 | 2006-09-30 | Japan | Japan operations (pacemaker distribution and related) | USD 6 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Headcount reductions from severance-driven restructuring; number of employees affected not disclosed. $2.4M of severance paid as of 2005-03-31, remainder payable by September 2006. | ||
| 2005-03-31 | divestiture_reduction | completed | 2005-01 | 2006-12-31 | Japan | Cardiac Surgery Systems (perfusion products business) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of Japan perfusion products business to Terumo Corporation; $9.2M received January 2005, recorded as a $7.7M gain. Headcount transferred not disclosed; business transition to buyer expected to complete in 2006. | |||
| 2005-03-31 | restructuring | in_progress | 2005-01-01 | 2006-09-30 | Japan | Japanese operations | USD 6 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Realignment of business in Japan including exit of pacemaker distribution; charge primarily related to severance costs due to headcount reductions. | ||
| 2004-12-31 | restructuring | announced | 60 | 2005-01-26 | Japan | Cardiopulmonary products and pacemaker distribution businesses | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of Japan cardiopulmonary products business plus exit from pacemaker distribution in Japan will transfer or eliminate approximately 60 full-time positions; expected first-quarter 2005 charge of $6 million to $9 million (charge value not stated as a single figure). Affected businesses generated approximately $37.3 million of 2004 sales. | |||
| 2004-12-31 | restructuring | completed | 136 | 2003-07-01 | 2004-12-31 | United States and Europe | Worldwide | USD 13 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Charge recorded in July 2003 associated with decision to streamline operations. Reducing worldwide workforce by 136 employees, primarily in the United States and Europe. As of December 31, 2004, $0.3 million of the charge remained unpaid. | |
| 2004-12-31 | restructuring | announced | 60 | 2005-01-26 | Japan | Cardiopulmonary products and pacemaker distribution | subsequent_events f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Announced January 26, 2005. Sale of cardiopulmonary products business in Japan and exit from pacemaker distribution business. Transactions will result in transfer or elimination of approximately 60 full-time positions. Charge expected in first quarter of 2005 between $6 million and $9 million. | |||
| 2004-12-31 | restructuring | completed | 136 | 2003-07 | Worldwide | USD 13 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Decision to streamline operations in July 2003; primarily US and Europe. Charge recorded in 2003, but $0.3 million remained unpaid as of Dec 31, 2004. | |||
| 2004-12-31 | restructuring | announced | 60 | 2005-01-26 | Japan | USD 8 (millions) | subsequent_events f5-10k / Qwen3.6-27B-Q8_0 | Announced Jan 26, 2005: Exiting pacemaker distribution business and restructuring Japanese operations. Transfer or elimination of approx 60 full-time positions. Charge estimated between $6 million and $9 million in Q1 2005. | |||
| 2004-03-31 | acquisition_addition | completed | 2004-02-06 | 2004-01-27 | United States | Heart Valve Therapy | USD 81 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Percutaneous Valve Technologies, Inc. for $125.0M cash plus up to $30.0M milestones; $81.0M charged to in-process R&D. Headcount added not disclosed. | ||
| 2004-03-31 | restructuring | completed | 2004-06-30 | not specified | Vascular | USD 8 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Discontinuation of Lifepath AAA endovascular graft sales effort; charge primarily for inventory and contractual clinical obligations. Employee count not disclosed. | |||
| 2004-03-31 | restructuring | in_progress | 2004-09-30 | Japan | Other Distributed Products | USD 2 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Decision to discontinue certain lower-margin cardiology products in Japan later in 2004; charge primarily for non-productive assets. Employee count not disclosed. | |||
| 2004-03-31 | restructuring | completed | 2004-03-31 | Vascular | USD 8 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Discontinuation of Lifepath AAA endovascular graft program sales effort; charge related to inventory and contractual clinical obligations. | ||||
| 2004-03-31 | restructuring | completed | 2004-03-31 | Japan | Cardiology | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Discontinuation of certain lower margin cardiology products; charge related to other non-productive assets. | |||
| 2003-12-31 | restructuring | completed | 136 | 2003-07-01 | 2003-12-31 | Primarily United States and Europe | Worldwide operations | USD 13 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | July 2003 charge to streamline operations; $4.1 million of the charge remained unpaid at 2003-12-31. Announcement date is month-level (July 2003) only. | |
| 2003-12-31 | divestiture_reduction | completed | 2003-07-04 | 2003-07-04 | Germany | Perfusion services | USD 3 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | German perfusion services subsidiary sold to WKK GmbH for a nominal amount; impairment charge recorded to reduce carrying value to fair value. Headcount of the divested subsidiary not disclosed; subsidiary had approximately $3.5 million of sales in the six months ended 2003-06-30. | ||
| 2003-12-31 | acquisition_addition | completed | 2003-12-05 | 2003-12-05 | United Kingdom | Critical care monitoring technologies | USD 2 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired the stock of Whitland Research Limited for $3.2 million cash (up to $5.6 million with milestones through 2006); $1.8 million charged to in-process R&D and $1.4 million to patents. Headcount added not disclosed. | ||
| 2003-12-31 | acquisition_addition | announced | 2004-01-27 | 2004-01-27 | United States (Fort Lee, New Jersey) and Israel | Heart valve therapy — percutaneous aortic valve replacement | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired Percutaneous Valve Technologies, Inc. for $125.0 million cash plus up to $30.0 million in milestones through 2007; expected in-process R&D charge of $60.0–$90.0 million in Q1 2004. Headcount added not disclosed. | |||
| 2003-12-31 | restructuring | completed | 136 | 2003-07-01 | United States and Europe | USD 13 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Decision to streamline operations; primarily in the United States and Europe. | |||
| 2003-12-31 | restructuring | completed | 136 | 2003-07 | Worldwide | USD 13 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Decision to streamline operations; primarily in the United States and Europe. | |||
| 2003-09-30 | restructuring | in_progress | 136 | Primarily United States and Europe | Company-wide | USD 13 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charge recorded during Q3 2003 to streamline operations; $9.6M after-tax; $9.3M of the charge remained unpaid at 2003-09-30. Specific announcement date not disclosed. | |||
| 2003-09-30 | divestiture_reduction | completed | 2003-07-04 | 2003-07-04 | Germany | Perfusion services | USD 3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | German perfusion services subsidiary sold for a nominal amount; $3.3M pre-tax impairment charge recorded in Q2 2003 to reduce carrying value to fair value. Number of employees affected not disclosed. | ||
| 2003-09-30 | restructuring | in_progress | 136 | 2003-09-30 | Worldwide | USD 13 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charge associated with decision to streamline operations; mostly in US and Europe. $9.3 million remained unpaid as of Sept 30, 2003. | |||
| 2003-09-30 | other | announced | 2003-11-04 | 2003-12-31 | Puerto Rico | USD 2 (millions) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Suspension of defined benefit pension plan effective Dec 31, 2003; employees will not earn additional defined benefits. | |||
| 2003-06-30 | reduction_in_force | announced | 2.5% | 2003-08-01 | Worldwide | USD 8 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Announced August 1, 2003, after quarter end; approximately 2.5% workforce reduction of about 5,000 employees worldwide. Affected-employee count not explicitly stated. Estimated after-tax charge of $8.0 to $10.0 million expected to be recorded in the quarter ended September 30, 2003; associated_charge_value records the low end of the disclosed range. Completion timing not specified. | |||
| 2003-06-30 | divestiture_reduction | completed | 2003-07-04 | Germany | Perfusion services | USD 3 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | German perfusion services subsidiary sold to WKK GmbH for a nominal amount, effective July 4, 2003 (subsequent to quarter end); subsidiary generated approximately $3.5 million of sales in the six months ended June 30, 2003. Headcount impact not disclosed. Associated charge is the $3.3 million pre-tax asset impairment recorded in Q2 2003, not a severance cost. | |||
| 2003-06-30 | restructuring | announced | 125 | 2.5% | 2003-08-01 | 2003-09-30 | Worldwide | USD 9 (millions) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Announced August 1, 2003. Expected charge of $8.0 to $10.0 million after-tax during Q3 2003. Represents approx 2.5% reduction of 5,000 employees. | |
| 2002-12-31 | acquisition_addition | completed | 2002-10-01 | 2002-10-01 | Japan | Cardiovascular business (Japan) | USD 3 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Company acquired the cardiovascular business in Japan from Baxter for $19.0 million net, effective October 1, 2002; results fully consolidated from that date. The $3.3 million charge was for legal, administrative and regulatory expenses, not severance. No employee count disclosed. | ||
| 2002-12-31 | restructuring | completed | 225 | 2000-08-31 | 2001-12-31 | Europe, United States, Puerto Rico | Manufacturing | USD 12 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Charges established in 2000 for Jostra Sale; utilized in 2000 and 2001. Impacted approx 225 employees primarily in manufacturing. | |
| 2002-12-31 | restructuring | completed | 225 | 2000-08-31 | 2001-12-31 | Europe, United States, Puerto Rico | Manufacturing | USD 12 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Reserves established in 2000 for personnel costs related to Jostra Sale. Fully utilized by end of 2001. | |
| 2002-12-31 | acquisition_addition | completed | 2002-10-01 | 2002-10-01 | Japan | Cardiovascular business (all functions) | USD 3 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Company acquired the cardiovascular business in Japan from Baxter for $19.0 million net, effective October 1, 2002; Japan results consolidated from that date. The $3.3 million charge recorded in Q3 2002 covers legal, administrative and regulatory expenses, not severance. No employee count disclosed. | ||
| 2002-12-31 | divestiture_reduction | completed | 2002-12-31 | 2002-12-31 | International (various countries outside the United States) | Distribution / sales | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Substantially all Baxter service agreements and distribution relationships outside the United States were terminated as of December 31, 2002, with the Japan distribution agreement ending upon the October 1, 2002 acquisition. No headcount impact quantified. | |||
| 2002-09-30 | acquisition_addition | completed | 2002-07-25 | 2002-10-01 | Japan | Cardiovascular business (Japan joint venture with Baxter International Inc.) | USD 3 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Company acquired the Japan cardiovascular business for approximately $22 million net, completing its spin-off from Baxter; a $3.3 million charge for legal, administrative and regulatory expenses was recorded in Q3 2002. No employee headcount added was disclosed. | ||
| 2002-06-30 | acquisition_addition | announced | 2002-07-25 | 2002-10-01 | Japan | Cardiovascular business (Japan joint venture) | USD 3 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement with Baxter to terminate the Japan joint venture and acquire the Japanese business; no employee count disclosed. Estimated transaction price ~$25 million net; ~$3 million one-time transaction expenses and ~$4 million capital investment expected through 2002-12-31. Subject to regulatory approvals. | ||
| 2001-12-31 | divestiture_reduction | completed | 2001-06-30 | 2001-06-30 | United States and Puerto Rico | Perfusion services (contract perfusionists, monitoring systems, capital equipment) | USD 68 (millions) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of Edwards Lifesciences Cardiovascular Resources, Inc. stock to a Fresenius Medical Care AG affiliate for $45 million cash; $68 million pre-tax loss on sale. Headcount of the divested services business not disclosed. | ||
| 2001-12-31 | restructuring | completed | 2000-06-30 | 2001-12-31 | Europe, United States and Puerto Rico | Perfusion products manufacturing (Jostra AG sale program) | USD 8 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2001 activity only: $8 million of the original $10 million personnel-cost reserve was utilized during 2001, exhausting the balance at year-end. The program's 225 impacted employees were disclosed in the 2000 initiative; no separate FY2001 affected-employee count is given. | ||
| 2001-12-31 | other | completed | Not specified | Non-strategic products and distributed products | USD 15 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2001 discontinuation of sales efforts for certain non-strategic products; $15 million non-cash impairment (intangibles $9M, investment $5M, non-productive assets $1M). No headcount impact quantified. | ||||
| 2001-12-31 | restructuring | completed | 225 | 2000-08-31 | 2001-12-31 | Europe, United States, Puerto Rico | Manufacturing | USD 12 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Personnel costs consisted primarily of severance, medical plan continuation and outplacement services for approximately 225 employees impacted by the Jostra Sale. Reserves established in 2000 were fully utilized by December 31, 2001. | |
| 2001-12-31 | divestiture_reduction | completed | 2001-06-30 | 2001-06-30 | United States, Puerto Rico | Perfusion Services | USD 68 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Sale of Edwards Lifesciences Cardiovascular Resources, Inc. (ELCR) to Fresenius Medical Care AG. ELCR provided and managed perfusionists, monitoring systems, capital equipment and disposable material. Specific headcount not disclosed. | ||
| 2001-06-30 | divestiture_reduction | completed | 2001-06-30 | 2001-06-30 | United States and Puerto Rico | Perfusion products and services (Edwards Lifesciences Cardiovascular Resources, Inc.) | USD 68 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of ELCR stock to Fresenius Medical Care AG for $45 million cash; $68.2 million pre-tax loss on sale. ELCR had roughly $30 million of net sales in Q2 2001; no employee count disclosed. | ||
| 2001-06-30 | other | announced | 1 | 2001-05-03 | 2001-12-31 | United States | Corporate — Corporate Vice President, North America | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Individual executive transition: officer status and duties end 2001-07-27; continued employment at current salary plus consulting availability until voluntary retirement on 2001-12-31. Founders and Transition options expire 2001-12-31; no change-in-control severance triggered. | ||
| 2000-12-31 | divestiture_reduction | completed | 225 | 2000-07-15 | 2000-08-31 | Europe, United States, Puerto Rico | Perfusion products — manufacturing | USD 10 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of majority of US and Western European perfusion product assets to Jostra AG; $10M personnel cost reserve (severance, medical plan continuation, outplacement) plus $2M exit activities reserve; $4M utilized through year-end, $8M remaining | |
| 2000-12-31 | restructuring | completed | 225 | 2000-07-15 | 2000-12-31 | Europe, United States, Puerto Rico | Manufacturing | USD 12 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Personnel costs reserve of $10 million and exit activities reserve of $2 million established in Q3 2000 related to sale of perfusion products to Jostra AG. Approximately 225 employees impacted, primarily in manufacturing capacity. | |
| 2000-12-31 | restructuring | completed | 225 | 2000-07-15 | 2000-12-31 | Europe, United States, Puerto Rico | Manufacturing | USD 10 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Personnel costs related to sale of perfusion products to Jostra AG. Includes severance, medical plan continuation, and outplacement services. | |
| 2000-09-30 | divestiture_reduction | completed | 225 | 2000-07-15 | Europe, United States, Puerto Rico | Perfusion Products and Services (manufacturing) | USD 10 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Personnel costs charge covers severance, medical plan continuation and outplacement for employees impacted by the Jostra AG sale; $9.3M of the $9.7M reserve remained unspent at quarter-end. | ||
| 2000-09-30 | plant_closure | in_progress | 2000-07-15 | United States, Europe | Perfusion Products and Services | USD 2 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Exit activities charge covers information systems costs, contract terminations and shutdown expenses tied to the Jostra AG divestiture; $1.0M of the $2.0M reserve remained at quarter-end. | |||
| 2000-09-30 | restructuring | completed | 225 | 2000-07-15 | Europe, United States, Puerto Rico | Perfusion products (manufacturing) | USD 12 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of perfusion products assets to Jostra AG. Charge includes $9.7M for personnel costs (severance, medical plan continuation, outplacement) and $2.0M for exit activities. Employees primarily in manufacturing capacity. | ||
| 2000-06-30 | divestiture_reduction | announced | 2000-07-15 | 2000-09-30 | United States and Western Europe | Perfusion Products and Services | USD 10 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of majority of US and Western European perfusion assets to Jostra AG; $10M pre-tax personnel charge expected in Q3 2000 covering severance, medical plan continuation, and outplacement. No employee count disclosed. | ||
| 2000-06-30 | divestiture_reduction | completed | 2000-05-24 | 2000-06-30 | United States | Cardiac Surgery — Mechanical Cardiac Assist | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Transfer of mechanical cardiac assist product line rights, IP, and US assets to World Heart Corporation effective June 30, 2000. Employees of the transferred business were offered continued employment by Newco (Valentine Acquisition Corp.). No employee count disclosed. | |||
| 2000-06-30 | restructuring | in_progress | 2000-06-30 | Global | Multiple discontinued product lines | USD 45 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Non-cash charge of $45M for impairment of goodwill ($37M), other intangibles ($5M), and non-productive assets ($3M) related to discontinued products. No employee count disclosed. | |||
| 2000-06-30 | restructuring | announced | 2000-07-15 | 2000-09-30 | United States and Western Europe | Perfusion Products | USD 10 (millions) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Company entered into agreement to sell majority of US and Western European perfusion assets. Anticipates incurring additional $10 million pre-tax charge in Q3 2000 related to personnel costs (severance, medical plan continuation, outplacement) for employees expected to be terminated. No payments made as of July 31, 2000. |