Company: ICUI
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0000883984-25-000016
Chunk: 105

Company: ICU MEDICAL INC/DE
Filing Date: 2025-05-08
Form: 10-Q
Item: Item 8
Chunk 105
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 lease cost2 — Total lease cost $5,270 $6,102     Interest expense on our finance leases is included in interest expense, net in our condensed consolidated statements of operations. The reduction of the operating and finance ROU assets is included as noncash lease expense in costs of goods sold and selling, general and administrative expenses in our condensed consolidated statements of operations.    The following table presents the supplemental cash flow information related to our leases (in thousands):Three months ended March 31,20252024Cash paid for amounts included in the measurement of lease liabilities:Operating cash flows from operating leases$4,379 $5,884 Operating cash flows from finance leases$53 $33 Right-of-use assets obtained in exchange for lease obligations:Operating leases$8,654 $252 Finance leases$393 $156     The following table presents the supplemental balance sheet information related to our operating leases (in thousands, except lease term and discount rate):

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ICU MEDICAL, INC. AND SUBSIDIARIESNOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(Continued)

As ofMarch 31, 2025December 31, 2024Operating leasesOperating lease right-of-use assets$58,025$53,295Accrued liabilities$13,472$15,695Other long-term liabilities48,23440,777Total operating lease liabilities$61,706$56,472Weighted-Average Remaining Lease TermOperating leases6.6 years5.8 yearsWeighted-Average Discount RateOperating leases5.23 %4.90 %    The following table presents the supplemental balance sheet information related to our finance leases (in thousands, except lease term and discount rate):As ofMarch 31, 2025December 31, 2024Finance leasesFinance lease right-of-use assets$3,321$3,259Accrued liabilities$1,128$1,066Other long-term liabilities2,3422,332Total finance lease liabilities$3,470$3,398Weighted-Average Remaining Lease TermFinance leases3.4 years3.5 yearsWeighted-Average Discount RateFinance leases5.77 %5.63 %            

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ICU MEDICAL, INC. AND SUBSIDIARIESNOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(Continued)

As of March 31, 2025,