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Acquisitions (Tables)
3 Months Ended
Mar. 31, 2020
Wittenstein [Member] | FITBONE Asset Purchase Agreement [Member]  
Business Acquisition [Line Items]  
Summary of Preliminary Estimated Fair Values of Assets Acquired and Liabilities Assumed

The following table summarizes the preliminary estimated fair values of assets acquired and liabilities assumed at the acquisition date. A final determination of the allocation of the purchase price to assets acquired and liabilities assumed has not been made and is subject to completion of the Company’s valuation of the assets acquired and liabilities assumed, which may take up to one year.

 

(U.S. Dollars, in thousands)

 

Fair Value

 

 

Balance Sheet Classification

 

Assigned Useful Life

Assets acquired

 

 

 

 

 

 

 

 

Inventories

 

$

528

 

 

Inventories

 

 

Developed technology

 

 

4,500

 

 

Intangible assets, net

 

8 years

Customer relationships

 

 

800

 

 

Intangible assets, net

 

15 years

Trade name

 

 

600

 

 

Intangible assets, net

 

15 years

In-process research and development ("IPR&D")

 

 

440

 

 

Intangible assets, net

 

Indefinite

Total identifiable assets acquired

 

 

6,868

 

 

 

 

 

Goodwill

 

 

11,132

 

 

 

 

 

Total fair value of consideration transferred

 

$

18,000