XML 65 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 23,964 $ 45,511
Accounts receivable, net 50,474 46,430
Inventory, net 71,424 61,897
Prepaid expenses and other current assets 7,842 6,147
Total current assets 153,704 159,985
Property, plant and equipment, net 49,200 50,714
Surgical instruments, net 26,250 24,810
Goodwill 121,814 121,814
Intangible assets, net 18,899 22,758
Other assets 3,260 3,444
Total assets 373,127 383,525
Current liabilities:    
Current maturities under capital lease obligation 1,122 973
Accounts payable 20,495 15,367
Accrued expenses 22,233 15,673
Accrued payroll liabilities 10,214 12,068
Total current liabilities 54,064 44,081
Convertible senior notes 39,176 36,894
Capital lease obligation, net of current maturities 33,812 34,933
Deferred income taxes, net 3,360 5,017
Other liabilities 316 1,032
Total liabilities 130,728 121,957
Commitments and contingencies
Stockholders’ equity:    
Common stock, $0.001 par value, 750,000,000 shares authorized; 43,389,576 and 42,291,352 shares issued and 43,373,611 and 42,282,741 shares outstanding, respectively 43 42
Additional paid-in capital 491,012 474,512
Accumulated deficit (249,221) (211,081)
Accumulated other comprehensive income (loss) 876 (1,771)
Treasury stock, at cost, 15,965 and 8,611 shares, respectively (311) (134)
Total stockholders’ equity 242,399 261,568
Total liabilities and stockholders’ equity $ 373,127 $ 383,525