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Business segment information (Tables)
6 Months Ended
Jun. 30, 2022
Segment Reporting [Abstract]  
Summary of EBITDA by Reporting Segment The table below presents EBITDA by reporting segment:

 

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

(U.S. Dollars, in thousands)

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Global Spine

 

$

20,766

 

 

$

19,032

 

 

$

36,659

 

 

$

30,927

 

Global Orthopedics

 

 

(2,422

)

 

 

1,775

 

 

 

(5,518

)

 

 

(454

)

Corporate

 

 

(8,383

)

 

 

(8,030

)

 

 

(17,678

)

 

 

(15,859

)

Total EBITDA

 

$

9,961

 

 

$

12,777

 

 

$

13,463

 

 

$

14,614

 

Depreciation and amortization

 

 

(6,512

)

 

 

(7,559

)

 

 

(14,028

)

 

 

(15,002

)

Interest expense, net

 

 

(407

)

 

 

(550

)

 

 

(782

)

 

 

(967

)

Income (loss) before income taxes

 

$

3,042

 

 

$

4,668

 

 

$

(1,347

)

 

$

(1,355

)

Summary of Net Sales by Geographic Destination for each Reporting Segment

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

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

(U.S. Dollars, in thousands)

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Global Spine

 

 

 

 

 

 

 

 

 

 

 

 

U.S.

 

$

85,899

 

 

$

89,077

 

 

$

162,965

 

 

$

166,832

 

International

 

 

4,883

 

 

 

5,573

 

 

$

10,472

 

 

 

10,158

 

Total Global Spine

 

 

90,782

 

 

 

94,650

 

 

 

173,437

 

 

 

176,990

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Global Orthopedics

 

 

 

 

 

 

 

 

 

 

 

 

U.S.

 

 

6,903

 

 

 

6,156

 

 

 

12,230

 

 

 

11,747

 

International

 

 

20,385

 

 

 

20,588

 

 

 

38,821

 

 

 

38,250

 

Total Global Orthopedics

 

 

27,288

 

 

 

26,744

 

 

 

51,051

 

 

 

49,997

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consolidated

 

 

 

 

 

 

 

 

 

 

 

 

U.S.

 

 

92,802

 

 

 

95,233

 

 

 

175,195

 

 

 

178,579

 

International

 

 

25,268

 

 

 

26,161

 

 

 

49,293

 

 

 

48,408

 

Net sales

 

$

118,070

 

 

$

121,394

 

 

$

224,488

 

 

$

226,987