Business segment information

3 Months Ended

Mar. 31, 2022

Segment Reporting [Abstract]

Business segment information

10. Business segment information

The Company has two reporting segments: Global Spine and Global Orthopedics. The primary metric used in managing the Company is earnings before interest, tax, depreciation, and amortization (“EBITDA”). Corporate activities are comprised of operating expenses and activities not directly identifiable within the two reporting segments, such as human resources, finance, legal, and information technology functions. The table below presents EBITDA by reporting segment:

	Three Months Ended March 31,
(U.S. Dollars, in thousands)	2022			2021
Global Spine	$	15,893		$	11,895
Global Orthopedics		(3,096	)		(2,229	)
Corporate		(9,295	)		(7,829	)
Total EBITDA	$	3,502		$	1,837
Depreciation and amortization		(7,516	)		(7,443	)
Interest expense, net		(375	)		(417	)
Loss before income taxes	$	(4,389	)	$	(6,023	)

Geographical information

The table below presents net sales by geographic destination for each reporting segment and for the consolidated Company:

	Three Months Ended March 31,
(U.S. Dollars, in thousands)	2022		2021
Global Spine
U.S.	$	77,066	$	77,755
International		5,589		4,585
Total Global Spine		82,655		82,340
Global Orthopedics
U.S.		5,327		5,591
International		18,436		17,662
Total Global Orthopedics		23,763		23,253
Consolidated
U.S.		82,393		83,346
International		24,025		22,247
Net sales	$	106,418	$	105,593