Company: ICUI
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0000883984-25-000030
Chunk: 122

Company: ICU MEDICAL INC/DE
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 8
Chunk 122
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, gain/loss on foreign exchange, other miscellaneous income/expense, and gain on sale of business. For information on depreciation expense, see Note 14: Property, Plant, & Equipment. For information on amortization expense, see Note 15: Goodwill and Intangible Assets, Net.Significant Customers We sell products worldwide, on credit terms on an unsecured basis, as an OEM supplier, to independent medical supply distributors and directly to end customers. The manufacturers and distributors, in turn, sell our products to healthcare providers. For the three and six months ended June 30, 2025, our consolidated worldwide net sales to a single distributor were 19%, and 18%, respectively, and for the three and six months ended June 30, 2024, were 17%.

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

Geographic InformationThe table below presents our gross long-lived assets, consisting of property, plant and equipment, by country or region (in thousands): As of June 30, 2025December 31, 2024Costa Rica160,676 156,149 Mexico117,835 111,043 Other LATAM64,060 55,451 Canada1,918 5,284 Italy34,560 29,124 Spain19,914 17,141 Czech Republic13,804 11,909 Other Europe11,580 11,445 APAC29,754 27,550 Total Foreign $454,101 $425,096 United States*628,671 610,547 Worldwide Total$1,082,772 $1,035,643 ________________________________*As of December 31, 2024, we presented within the assets held for sale line item in our consolidated balance sheet, the gross long-lived assets that were part of a disposal group that met the criteria as held for sale during the fourth quarter of 2024 (See Note 4: Assets Held For Sale and Disposal of Business).

Note 7:  Leases

        We determine if an arrangement is a lease at inception. Our operating lease assets are separately stated in operating lease right-of-use ("ROU") assets and our financing lease assets are included in other assets on our condensed consolidated balance sheets. Our lease liabilities are included in accrued liabilities and other long-term