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Business segment information (Tables)
3 Months Ended
Mar. 31, 2017
Segment Reporting [Abstract]  
Schedule of Net Sales by Reporting Segment

The table below present net sales, which includes product sales and marketing service fees, by reporting segment:

 

 

 

Three Months Ended

March 31,

 

(U.S. Dollars, in thousands)

 

2017

 

 

2016

 

 

Change

 

BioStim

 

$

44,539

 

 

$

41,044

 

 

 

8.5

%

Biologics

 

 

14,987

 

 

 

14,094

 

 

 

6.3

%

Extremity Fixation

 

 

23,945

 

 

 

24,709

 

 

 

-3.1

%

Spine Fixation

 

 

19,267

 

 

 

18,832

 

 

 

2.3

%

Net sales

 

$

102,738

 

 

$

98,679

 

 

 

4.1

%

 

Summary of Net Margin by Reporting Segment

The table below presents net margin by reporting segment:

 

 

 

Three Months Ended

March 31,

 

(U.S. Dollars, in thousands)

 

2017

 

 

2016

 

BioStim

 

$

17,133

 

 

$

16,408

 

Biologics

 

 

6,171

 

 

 

6,104

 

Extremity Fixation

 

 

6,412

 

 

 

7,175

 

Spine Fixation

 

 

2,007

 

 

 

2,335

 

Corporate

 

 

(98

)

 

 

(302

)

Net margin

 

$

31,625

 

 

$

31,720

 

General and administrative

 

 

18,282

 

 

 

17,005

 

Research and development

 

 

7,424

 

 

 

7,640

 

Operating income

 

$

5,919

 

 

$

7,075