Revenue recognition and accounts receivable (Tables)

12 Months Ended

Dec. 31, 2020

Revenue Recognition And Accounts Receivable [Line Items]

Schedule of Net Sales

The table below presents net sales, which includes product sales and marketing service fees, for each of the years ended December 31, 2020, 2019, and 2018.

	For the year ended December 31,
(U.S. Dollars, in thousands)	2020		2019		2018
Product sales	$	353,087	$	397,064	$	395,589
Marketing service fees		53,475		62,891		57,453
Net sales	$	406,562	$	459,955	$	453,042

Allowances for Expected Credit Losses

The following table provides a detail of changes in the Company’s allowance for expected credit losses for the year ended December 31, 2020:

(U.S. Dollars, in thousands)	Year Ended December 31, 2020
Allowance for expected credit losses beginning balance	$	3,987
Impact of adoption of ASU 2016-13		1,120
Current period provision for expected credit losses		199
Writeoffs charged against the allowance and other		(714	)
Effect of changes in foreign exchange rates		256
Allowance for expected credit losses ending balance	$	4,848

ASU 2016-13 [Member]

Revenue Recognition And Accounts Receivable [Line Items]

Schedule of Net Impact of Adoption to Balance Sheet

The net impact of adoption to the Company’s balance sheet as of January 1, 2020 is presented in the table below. The standard did not have a material impact to the Company’s condensed consolidated statements of operations or cash flows.

(U.S. Dollars, in thousands)	December 31, 2019			Impact of Adoption of ASC 326			January 1, 2020
Assets
Current assets
Cash, cash equivalents, and restricted cash	$	70,403		$	—		$	70,403
Accounts receivable, net		86,805			(1,120	)		85,685
Inventories		82,397			—			82,397
Prepaid expenses and other current assets		20,948			—			20,948
Total current assets		260,553			(1,120	)		259,433
Deferred income taxes		35,117			233			35,350
Other long-term assets		199,950			—			199,950
Total assets	$	495,620		$	(887	)	$	494,733
Liabilities and shareholders’ equity
Total liabilities	$	167,989		$	—		$	167,989
Shareholders’ equity
Common shares	$	1,902		$	—		$	1,902
Additional paid-in capital		271,019			—			271,019
Retained earnings		57,749			(887	)		56,862
Accumulated other comprehensive loss		(3,039	)		—			(3,039	)
Total shareholders’ equity		327,631			(887	)		326,744
Total liabilities and shareholders’ equity	$	495,620		$	(887	)	$	494,733