Business segment information

3 Months Ended

Mar. 31, 2020

12. Business segment information

The Company has two reporting segments: Global Spine and Global Extremities. The primary metric used in managing the Company is earnings before interest, tax, depreciation, and amortization (“EBITDA”). Corporate activities are comprised of the operating expenses and activities of the Company not necessarily identifiable within the two reporting segments, such as human resources, finance, legal, and information technology functions. The table below presents EBITDA by reporting segment:

	Three Months Ended March 31,
(U.S. Dollars, in thousands)	2020			2019
Global Spine	$	22,417		$	10,575
Global Extremities		(1,894	)		(173	)
Corporate		(8,140	)		(9,527	)
Total EBITDA	$	12,383		$	875
Depreciation and amortization		(6,327	)		(5,727	)
Interest expense, net		(423	)		(257	)
Income (loss) before income taxes	$	5,633		$	(5,109	)

Geographical information

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

	Three Months Ended March 31,
(U.S. Dollars, in thousands)	2020		2019
Global Spine
U.S.	$	77,106	$	79,526
International		5,212		6,392
Total Global Spine		82,318		85,918

Global Extremities
U.S.		6,043		6,598
International		16,462		16,596
Total Global Extremities		22,505		23,194

Consolidated
U.S.		83,149		86,124
International		21,674		22,988
Net sales	$	104,823	$	109,112