Revenue recognition and accounts receivable (Tables)

6 Months Ended

Jun. 30, 2022

Revenue Recognition And Accounts Receivable [Abstract]

Schedule of Net Sales by Major Product Category by Reporting Segment

The table below presents net sales by major product category by reporting segment:

	Three Months Ended June 30,
(U.S. Dollars, in thousands)	2022		2021		Change
Bone Growth Therapies	$	47,765	$	49,706		-3.9	%
Spinal Implants		28,222		30,092		-6.2	%
Biologics		14,795		14,852		-0.4	%
Global Spine		90,782		94,650		-4.1	%
Global Orthopedics		27,288		26,744		2.0	%
Net sales	$	118,070	$	121,394		-2.7	%

	Six Months Ended June 30,
(U.S. Dollars, in thousands)	2022		2021		Change
Bone Growth Therapies	$	89,713	$	92,653		-3.2	%
Spinal Implants		54,837		55,793		-1.7	%
Biologics		28,887		28,544		1.2	%
Global Spine		173,437		176,990		-2.0	%
Global Orthopedics		51,051		49,997		2.1	%
Net sales	$	224,488	$	226,987		-1.1	%

Schedule of Components Net Sales

The table below presents product sales and marketing service fees, which are both components of net sales:

	Three Months Ended June 30,				Six Months Ended June 30,
(U.S. Dollars, in thousands)	2022		2021		2022		2021
Product sales	$	103,559	$	106,947	$	196,167	$	199,210
Marketing service fees		14,511		14,447		28,321		27,777
Net sales	$	118,070	$	121,394	$	224,488	$	226,987

Allowances for Expected Credit Losses

The following table provides a detail of changes in the Company’s allowance for expected credit losses for the three and six months ended June 30, 2022 and 2021:

(U.S. Dollars, in thousands)	Three Months Ended June 30,						Six Months Ended June 30,
	2022			2021			2022			2021
Allowance for expected credit losses beginning balance	$	5,389		$	4,506		$	4,944		$	4,848
Current period provision (recovery) for expected credit losses		539			(32	)		1,139			(214	)
Write-offs charged against the allowance and other		(142	)		(34	)		(246	)		(80	)
Effect of changes in foreign exchange rates		(197	)		31			(248	)		(83	)
Allowance for expected credit losses ending balance	$	5,589		$	4,471		$	5,589		$	4,471

Schedule of Changes in Contract Liability

The following table provides a detail of changes in the Company’s contract liability associated with the Accelerated and Advanced Payment Program for the three and six months ended June 30, 2022 and 2021:

(U.S. Dollars, in thousands)	Three Months Ended June 30,						Six Months Ended June 30,
	2022			2021			2022			2021
Contract liability beginning balance	$	1,396		$	13,851		$	4,791		$	13,851
Recoupment recognized in net sales		(1,396	)		(2,880	)		(4,791	)		(2,880	)
Contract liability ending balance	$	—		$	10,971		$	—		$	10,971