Company: ICUI
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0000883984-25-000030
Chunk: 67

Company: ICU MEDICAL INC/DE
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 1
Chunk 67
---
951 177,089 Molds101,730 96,318 Computer equipment and software(1)122,202 122,208 Furniture and fixtures(1)27,866 27,871 Instruments placed with customers(2)142,010 124,290 Construction in progress(1)88,719 87,006 Total property, plant and equipment, cost(1)1,082,772 1,035,643 Accumulated depreciation(1)(630,330)(592,897)Property, plant and equipment, net(1)$452,442 $442,746 ______________________________ (1)      As of December 31, 2024, certain property, plant and equipment category account balances that are part of a disposal group that met the criteria for assets held for sale during the fourth quarter of 2024 were combined with other disposal group assets and presented as a separate line item "Assets held For Sale" in our consolidated balance sheets. (2)    Instruments placed with customers consist of drug-delivery and monitoring systems placed with customers under operating leases.Depreciation expense was $16.9 million and $33.8 million for the three and six months ended June 30, 2025, respectively, as compared to $22.3 million and $44.7 million for the three and six months ended June 30, 2024, respectively. Depreciation expense included in costs of goods sold was $15.4 million and $30.2 million, for the three and six months ended June 30, 2025, respectively, as compared to $19.4 million and $38.8 million for the three and six months ended June 30, 2024, respectively.

Note 15:  Goodwill and Intangible Assets, Net

Goodwill    The following table presents the changes in the carrying amount of our goodwill (in thousands):TotalBalance as of January 1, 2025$1,432,772 Currency translation69,148 Balance as of June 30, 2025$1,501,920 Intangible Assets, Net    Intangible assets, carried at cost less accumulated amortization and amortized on a straight-line basis, were as follows (in thousands):

26

ICU MEDICAL, INC. AND SUBSIDIARIESNOTES TO CONDENSED CONSOLIDATED