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Revenue recognition
6 Months Ended
Jun. 30, 2017
Revenue Recognition [Abstract]  
Revenue recognition

8. Revenue recognition

 

The table below presents net sales, which includes product sales and marketing service fees, for both the three and six months ended June 30, 2017 and 2016.

 

 

 

Three Months Ended

June 30,

 

 

Six Months Ended

June 30,

 

(U.S. Dollars, in thousands)

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Product sales

 

$

93,908

 

 

$

90,868

 

 

$

182,309

 

 

$

176,493

 

Marketing service fees

 

 

15,034

 

 

 

13,207

 

 

 

29,371

 

 

 

26,261

 

Net sales

 

$

108,942

 

 

$

104,075

 

 

$

211,680

 

 

$

202,754

 

 

Product sales primarily consist of stimulation devices and fixation products. Marketing service fees are received from the Musculoskeletal Transplant Foundation (“MTF”) based on total sales of biologics tissues.