Related parties

12 Months Ended

Dec. 31, 2011

Related parties

Related parties

14. Related parties

The following related party balances and transactions as of and for the three years ended December 31, 2011, among the Company and other companies in which directors or executive officers have an interest are reflected in the consolidated financial statements. The Company bought components related to the A-V Impulse ® System and Laryngeal Mask products from a related party in which a former board member, who retired in May 2010, had a beneficial minority interest. These products were no longer purchased by the Company in 2010.  Additionally, OrthoPro, Inc. and Superior Medical Equipment, independent distributors for Breg, Inc., are owned by the son of this former board member.  The Company has sold bracing products to OrthoRx, an entity in which the Company has a minority interest equity ownership, in the three years ended December 31, 2011. The following table summarizes these related party balances and transactions as of and for the years ended December 31, 2011, 2010 and 2009.

	Year Ended December 31,
(US$ in thousands)	2011		2010		2009
Sales	$	479	$	3,081	$	4,043
Purchases	$	—	$	4,911	$	11,901
Accounts payable	$	—	$	334	$	1,481
Accounts receivable	$	106	$	676	$	563