Share-Based Compensation (Details) | Oct. 01, 2015USD ($)$ / sharesshares | Jan. 12, 2014USD ($)$ / sharesshares | Dec. 27, 2015USD ($)$ / sharesshares | Dec. 31, 2014USD ($)periods$ / sharesshares | Dec. 31, 2013USD ($)$ / sharesshares | Dec. 31, 2012$ / shares |
Amounts Recognized in the consolidated financial statements | | | | | | | |
Total cost of share-based payment plans | $ | | | | $ 24,716,000 | $ 11,287,000 | $ 11,912,000 | |
Amounts capitalized as inventory and intangible assets | $ | | | | (51,000) | (66,000) | (467,000) | |
Amortization of capitalized amounts | $ | | | | 299,000 | 266,000 | 513,000 | |
Charged against income before income taxes | $ | | | | 24,964,000 | 11,487,000 | 11,958,000 | |
Amount of related income tax benefit recognized in income | $ | | | | 0 | 0 | (3,945,000) | |
Impact to net income (loss), continuing operations | $ | | | | 24,964,000 | 11,487,000 | 8,013,000 | |
Impact To Net Income (loss), discontinuing operations | $ | | | | 0 | 8,845,000 | 2,320,000 | |
Impact to net income (loss) | $ | | | | $ 24,964,000 | $ 20,332,000 | $ 10,333,000 | |
Share based compensation effect on earnings per share continuing operations, basic | $ / shares | | | | $ 0.39 | $ 0.22 | $ 0.17 | |
Impact to basic earnings per share | $ / shares | | | | 0.39 | 0.40 | 0.21 | |
Share based compensation effect on earnings per share, continuing operations, diluted | $ / shares | | | | 0.39 | 0.22 | 0.17 | |
Impact to diluted earnings per share | $ / shares | | | | $ 0.39 | $ 0.40 | $ 0.21 | |
Summary of stock option activity | | | | | | | |
Options Outstanding, Ending Balance | | | | 6,022,912 | | | |
Summary of stock options outstanding and exercisable | | | | | | | |
Number Outstanding | | | | 917,000 | | | |
Weighted-Average Remaining Contractual Life | | | | 5 years 11 months 30 days | | | |
Weighted-Average Exercise Price | $ / shares | | | | $ 16.69 | | | |
Number Exercisable | | | | 917,000 | | | |
Narrative | | | | | | | |
Nonvested Awards, Total Compensation Cost Not yet Recognized | $ | | | | $ 37,300,000 | | | |
Nonvested Awards, Total Compensation Cost Not yet Recognized, Period for Recognition | | | | 3 years 6 months 15 days | | | |
Number of Shares Authorized | | | | | 8,200,000 | | |
Expiration Term | | | | | 10 years | | |
Number of Shares Available for Grant | | | | | 2,910,716 | | |
Options, Exercises in Period, Total Intrinsic Value | $ | | | | $ 400,000 | $ 5,300,000 | $ 1,400,000 | |
Share-based Compensation Arrangement by Share-based Payment Award, Options, Forfeitures and Expirations in Period, Weighted Average Exercise Price | $ / shares | | | | $ 16.69 | | | |
Share Based Compensation, Exercise Price Range 1 [Member] | | | | | | | |
Summary of stock options outstanding and exercisable | | | | | | | |
Exercise Price Range, Lower Range Limit | $ / shares | | | | 2 | | | |
Exercise Price Range, Upper Range Limit | $ / shares | | | | 16 | | | |
Weighted-Average Exercise Price | $ / shares | | | | 15.57 | | | |
Share Based Compensation, Exercise Price Range 2 [Member] | | | | | | | |
Summary of stock options outstanding and exercisable | | | | | | | |
Exercise Price Range, Lower Range Limit | $ / shares | | | | 16.01 | | | |
Exercise Price Range, Upper Range Limit | $ / shares | | | | $ 24 | | | |
Number Outstanding | | | | 20.22 | | | |
Share Based Compensation, Exercise Price Range 3 [Member] | | | | | | | |
Summary of stock options outstanding and exercisable | | | | | | | |
Exercise Price Range, Lower Range Limit | $ / shares | | | | $ 24.01 | | | |
Exercise Price Range, Upper Range Limit | $ / shares | | | | $ 35.87 | | | |
Inducement Grant [Member] | | | | | | | |
Summary of stock option activity | | | | | | | |
Options Outstanding, Beginning Balance | | | | 890,000 | | | |
Options Outstanding, Ending Balance | | | | 917,000 | 890,000 | | |
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Exercise Price | $ / shares | | | | $ 16.69 | | | |
Outstanding, Weighted-Average Exercise Price, Ending Balance | $ / shares | | | | $ 16.69 | | | |
Outstanding, Weighted-Average Remaining Contractual Life | | | | 6 years | | | |
Exercisable, Weighted-Average Remaining Contractual Life | | | | 6 years | | | |
Outstanding, Aggregate Intrinsic Value | $ | | | | $ 6,300,000 | | | |
Exercisable, Aggregate Intrinsic Value | $ | | | | $ 917,000 | | | |
Nonvested Shares Roll Forward | | | | | | | |
Nonvested, Weighted-Average Grant-Date Fair Value, Ending Balance | $ / shares | | | | $ 17.21 | | | |
Narrative | | | | | | | |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Period Increase (Decrease) | | | | 27,000 | | | |
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Exercisable, Aggregate Intrinsic Value | $ | | | | $ 6,300,000 | | | |
Inducement Grant [Member] | Share Based Compensation, Exercise Price Range 1 [Member] | | | | | | | |
Summary of stock options outstanding and exercisable | | | | | | | |
Number Outstanding | | | | 696,000 | | | |
Weighted-Average Remaining Contractual Life | | | | 5 years 9 months 2 days | | | |
Weighted-Average Exercise Price | $ / shares | | | | $ 15.57 | | | |
Number Exercisable | | | | 696,000 | | | |
Inducement Grant [Member] | Share Based Compensation, Exercise Price Range 2 [Member] | | | | | | | |
Summary of stock options outstanding and exercisable | | | | | | | |
Number Outstanding | | | | 221,000 | | | |
Weighted-Average Remaining Contractual Life | | | | 6 years 9 months 5 days | | | |
Weighted-Average Exercise Price | $ / shares | | | | $ 20.22 | | | |
Number Exercisable | | | | 221,000 | | | |
Stock Options [Member] | | | | | | | |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | | | | | | | |
Share-based Compensation Arrangements by Share-based Payment Award, Options, Exercises in Period, Weighted Average Exercise Price | $ / shares | | | | $ 23.13 | | | |
Fair Value Assumptions | | | | | | | |
Fair Value Assumptions, Risk Free Interest Rate, Minimum | | | | 1.40% | 1.50% | 0.00% | |
Fair Value Assumptions, Risk Free Interest Rate, Maximum | | | | 1.60% | 2.00% | 1.00% | |
Fair Value Assumptions, Expected Term | | | | 6 months | 6 months | 6 months | |
Fair Value Assumptions, Expected Volatility Rate | | | | 33.00% | 31.00% | 36.00% | |
Summary of stock option activity | | | | | | | |
Options Outstanding, Beginning Balance | | | | 3,517,000 | | | |
Exercised | | | | (134,000) | | | |
Forfeited or expired | | | | (87,000) | | | |
Options Outstanding, Ending Balance | | | | | 3,517,000 | | |
Exercisable at December 31, 2013 | | | | 5,826,000 | | | |
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Exercise Price | $ / shares | | | | $ 22.21 | | | |
Outstanding, Weighted-Average Exercise Price, Ending Balance | $ / shares | | | | $ 21.66 | $ 24.22 | | |
Outstanding, Weighted-Average Remaining Contractual Life | | | | 7 years 5 months 12 days | | | |
Exercisable, Weighted-Average Remaining Contractual Life | | | | 6 years 2 months 9 days | | | |
Outstanding, Aggregate Intrinsic Value | $ | [1] | | | $ 17,945,000 | | | |
Exercisable, Aggregate Intrinsic Value | $ | [1] | | | $ 7,871,000 | | | |
Summary of stock options outstanding and exercisable | | | | | | | |
Number Outstanding | | | | 8,950,000 | | | |
Weighted-Average Remaining Contractual Life | | | | 7 years 5 months 12 days | | | |
Weighted-Average Exercise Price | $ / shares | | | | $ 21.66 | | | |
Number Exercisable | | | | 5,826,000 | | | |
Weighted-Average Exercise Price | $ / shares | | | | $ 22.21 | | | |
Narrative | | | | | | | |
Options, Grants in Period, Weighted Average Grant Date Fair Value | $ / shares | | | | | $ 7.05 | $ 9.98 | $ 8.60 |
Share-based Compensation Arrangement by share-based payment award, equity instruments outstanding | | | | 8,950,000 | | | |
Share-based Compensation Arrangement by Share-based Payment Award, Options, Forfeitures and Expirations in Period, Weighted Average Exercise Price | $ / shares | | | | $ 26.26 | | | |
Stock Options [Member] | Share Based Compensation, Exercise Price Range 1 [Member] | | | | | | | |
Summary of stock options outstanding and exercisable | | | | | | | |
Number Outstanding | | | | 441,000 | | | |
Weighted-Average Remaining Contractual Life | | | | 3 years 9 months 26 days | | | |
Weighted-Average Exercise Price | $ / shares | | | | $ 13.54 | | | |
Number Exercisable | | | | 441,000 | | | |
Weighted-Average Exercise Price | $ / shares | | | | $ 13.54 | | | |
Stock Options [Member] | Share Based Compensation, Exercise Price Range 2 [Member] | | | | | | | |
Summary of stock options outstanding and exercisable | | | | | | | |
Number Outstanding | | | | 7,117,000 | | | |
Weighted-Average Remaining Contractual Life | | | | 7 years 9 months 18 days | | | |
Weighted-Average Exercise Price | $ / shares | | | | $ 20.86 | | | |
Number Exercisable | | | | 3,993,000 | | | |
Weighted-Average Exercise Price | $ / shares | | | | $ 21.05 | | | |
Stock Options [Member] | Share Based Compensation, Exercise Price Range 3 [Member] | | | | | | | |
Summary of stock options outstanding and exercisable | | | | | | | |
Number Outstanding | | | | 1,392,000 | | | |
Weighted-Average Remaining Contractual Life | | | | 6 years 9 months 15 days | | | |
Weighted-Average Exercise Price | $ / shares | | | | $ 28.28 | | | |
Number Exercisable | | | | 1,392,000 | | | |
Weighted-Average Exercise Price | $ / shares | | | | $ 28.28 | | | |
Increase from stock conversion [Member] | | | | | | | |
Summary of stock option activity | | | | | | | |
Share-based Compensation Arrangement by Share-based Payment Award, Options, Number of Shares, Period Increase (Decrease) | | | | 99,000 | | | |
Share-based Compensation Arrangements by Share-based Payment Award, Options, Other Share Increase (Decrease) in Period, Weighted Average Exercise Price | $ / shares | | | | $ 23.49 | | | |
Assumed awards from merger [Member] | | | | | | | |
Summary of stock option activity | | | | | | | |
Share-based Compensation Arrangement by Share-based Payment Award, Options, Number of Shares, Period Increase (Decrease) | | | | 2,476,000 | | | |
Share-based Compensation Arrangements by Share-based Payment Award, Options, Other Share Increase (Decrease) in Period, Weighted Average Exercise Price | $ / shares | | | | $ 20.43 | | | |
Options granted post merger [Member] | | | | | | | |
Summary of stock option activity | | | | | | | |
Granted | | | | 3,135,000 | | | |
Share-based Compensation Arrangements by Share-based Payment Award, Options, Other Share Increase (Decrease) in Period, Weighted Average Exercise Price | $ / shares | | | | $ 20.63 | | | |
Options exercised post merger [Member] | | | | | | | |
Summary of stock option activity | | | | | | | |
Exercised | | | | (22,000) | | | |
Share-based Compensation Arrangements by Share-based Payment Award, Options, Other Share Increase (Decrease) in Period, Weighted Average Exercise Price | $ / shares | | | | $ (19.01) | | | |
Forfeited or expired post merger [Member] | | | | | | | |
Summary of stock option activity | | | | | | | |
Forfeited or expired | | | | (34,000) | | | |
Narrative | | | | | | | |
Share-based Compensation Arrangement by Share-based Payment Award, Options, Forfeitures and Expirations in Period, Weighted Average Exercise Price | $ / shares | | | | $ (20.26) | | | |
Nonvested Common Stock [Member] | | | | | | | |
Summary of stock option activity | | | | | | | |
Common Stock, Market Value | $ / shares | | | | $ 23.56 | | | |
Nonvested Shares Roll Forward | | | | | | | |
Nonvested Shares, Beginning Balance | | | | 493,000 | | | |
Vested | | | | (213,000) | | | |
Forfeited | | | | (6,000) | | | |
Nonvested Shares, Ending Balance | | | | 1,133,000 | 493,000 | | |
Nonvested, Weighted-Average Grant-Date Fair Value, Beginning Balance | $ / shares | | | | $ 26.23 | | | |
Vested | $ / shares | | | | 25.11 | | | |
Forfeited | $ / shares | | | | 29.59 | | | |
Nonvested, Weighted-Average Grant-Date Fair Value, Ending Balance | $ / shares | | | | 20.63 | $ 26.23 | | |
Aggregate Intrinsic Value | $ / shares | [2] | | | $ 26,700,000 | | | |
Narrative | | | | | | | |
Equity Instruments Other than Options, Vested in Period, Total Fair Value | $ | | | | $ 11,800,000 | $ 5,400,000 | $ 6,500,000 | |
Nonvested forfeited post merger [Member] | | | | | | | |
Narrative | | | | | | | |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Period Increase (Decrease) | | | | (4,000) | | | |
Share-based Compensation Arrangement by Share-based Payment Award, Options, Forfeitures and Expirations in Period, Weighted Average Exercise Price | $ / shares | | | | $ 10.87 | | | |
Nonvested that Vested post merger [Member] | | | | | | | |
Summary of stock option activity | | | | | | | |
Share-based Compensation Arrangements by Share-based Payment Award, Options, Other Share Increase (Decrease) in Period, Weighted Average Exercise Price | $ / shares | | | | $ 20.62 | | | |
Narrative | | | | | | | |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Period Increase (Decrease) | | | | (2,000) | | | |
Nonvested granted stock post merger [Member] | | | | | | | |
Summary of stock option activity | | | | | | | |
Share-based Compensation Arrangements by Share-based Payment Award, Options, Other Share Increase (Decrease) in Period, Weighted Average Exercise Price | $ / shares | | | | $ 20.60 | | | |
Narrative | | | | | | | |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Period Increase (Decrease) | | | | 1,139,000 | | | |
Accelerated Nonvested Common Stock [Member] | | | | | | | |
Summary of stock option activity | | | | | | | |
Share-based Compensation Arrangements by Share-based Payment Award, Options, Other Share Increase (Decrease) in Period, Weighted Average Exercise Price | $ / shares | | | | $ 26.30 | | | |
Narrative | | | | | | | |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Period Increase (Decrease) | | | | (283,000) | | | |
Nonvested Incremental Shares [Member] | | | | | | | |
Summary of stock option activity | | | | | | | |
Share-based Compensation Arrangements by Share-based Payment Award, Options, Other Share Increase (Decrease) in Period, Weighted Average Exercise Price | $ / shares | | | | $ 26.30 | | | |
Narrative | | | | | | | |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Period Increase (Decrease) | | | | 9,000 | | | |
Nonvested Common Stock Granted to Employees [Member] | | | | | | | |
Nonvested Shares Roll Forward | | | | | | | |
Granted | | | | 1,138,614 | 264,000 | 223,000 | |
Granted | $ / shares | | | | $ 20.60 | $ 30.04 | $ 24.66 | |
Employee Stock [Member] | | | | | | | |
Fair Value Assumptions | | | | | | | |
Fair Value Assumptions, Risk Free Interest Rate, Minimum | | | | | 0.30% | 0.10% | |
Fair Value Assumptions, Risk Free Interest Rate, Maximum | | | | | 0.60% | 0.40% | |
Fair Value Assumptions, Expected Term | | | | | 6 months | 6 months | |
Fair Value Assumptions, Expected Volatility Rate | | | | | 31.00% | 36.00% | |
BioMimetics [Member] | | | | | | | |
Amounts Recognized in the consolidated financial statements | | | | | | | |
Charged against income before income taxes | $ | | | | | $ 2,200,000 | | |
Wright Medical Group, Inc. [Member] | | | | | | | |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | | | | | | | |
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number | | 1,300,000 | | | | | |
Share-based Compensation Arrangements by Share-based Payment Award, Options, Exercises in Period, Weighted Average Exercise Price | $ / shares | | $ 25.53 | | | | | |
Summary of stock option activity | | | | | | | |
Restricted stock, non-vested shares and stock settled phantom units | | 282,564 | | | | | |
Narrative | | | | | | | |
Options, Grants in Period, Weighted Average Grant Date Fair Value | $ / shares | | $ 26.30 | | | | | |
Tornier N.V. [Member] | | | | | | | |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | | | | | | | |
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost | $ | | $ 14,200,000 | | | | | |
Tornier N.V. [Member] | | | | | | | |
Summary of stock option activity | | | | | | | |
Employee Stock Ownership Plan (ESOP), Shares in ESOP | | | | | 333,333 | | |
Narrative | | | | | | | |
Number of Shares Available for Grant | | | | | 285,845 | | |
Employee Stock Purchase Plan, Number of Plan Periods During Each Year | periods | | | | | 2 | | |
Defined Contribution Plan, Maximum Annual Contributions Per Employee, Percent | | | | | 10.00% | | |
Employee Stock Ownership Plan (ESOP), Number of Allocated Shares | | | | | 833 | | |
Percent of Market Value at Lower of Beginning or Ending Period Market Price , Purchase Date | | | | | 85.00% | | |
MicroPort [Member] | | | | | | | |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | | | | | | | |
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost | $ | | | $ 8,800,000 | | | | |
Share-based Compensation Arrangements by Share-based Payment Award, Options, Exercises in Period, Weighted Average Exercise Price | $ / shares | | | $ 22.50 | | | | |
Summary of stock option activity | | | | | | | |
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding, Number | | | 266,000 | | | | |
Narrative | | | | | | | |
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Exercisable, Number | | | | 500,000 | | | |
Wright Medical Group, Inc. [Member] | | | | | | | |
Summary of stock option activity | | | | | | | |
Granted | | | | | 853,000 | 1,033,000 | |
Options Outstanding, Ending Balance | | | | 3,362,110 | | | |
Restricted stock, non-vested shares and stock settled phantom units | | | | | 264,000 | 223,000 | |
Nonvested Shares Roll Forward | | | | | | | |
Granted | $ / shares | | | | | $ 8.18 | $ 6.81 | |
Narrative | | | | | | | |
Expiration Term | | | | 10 years | | | |
Maximum Employee Subscription Rate | | | | | 5.00% | | |
Maximum Purchase Amount Per Employeee | $ | | | | | $ 5,000 | | |
Percent of Market Value at Lower of Beginning or Ending Period Market Price , Purchase Date | | | | | 85.00% | | |
Shares Issued in Period | | | | | 22,000 | 23,000 | |
Minimum [Member] | | | | | | | |
Narrative | | | | | | | |
Award Requisite Service Period | | | | 3 years | | | |
Maximum [Member] | | | | | | | |
Narrative | | | | | | | |
Award Requisite Service Period | | | | 4 years | | | |
| |
[1] | e is calculated as the difference between the market value of our ordinary shares as of December 27, 2015 and the exercise price of the options. The market value as of December 27, 2015 was $23.56 per share, which is the closing sale price of our ordinary shares on December 24, 2015, the last trading day prior to December 27, 2015, as reported by the NASDAQ Global Select Market.The total intrinsic value | |
[2] | e is calculated as the market value of our ordinary shares as of December 27, 2015. The market value as of December 27, 2015 was $23.56 per share, which is the closing sale price of our ordinary shares on December 24, 2015, the last trading day prior to December 27, 2015, as reported by the NASDAQ Global Select Market.The total fair value of sha | |