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Business segment information (Tables)
3 Months Ended
Mar. 31, 2016
Segment Reporting [Abstract]  
Schedule of Net Sales by SBU Reporting Segment

The tables below present net sales for continuing operations by SBU reporting segment. Net sales include product sales and marketing service fees. Marketing service fees, which are recorded on a net basis, are comprised of fees earned for the marketing of Trinity Evolution®, Trinity ELITE® and Versashield™ in our Biologics segment.

 

 

 

Three Months Ended March 31,

 

(U.S. Dollars, in thousands)

 

2016

 

 

2015

 

 

Reported

Change

 

 

Constant

Currency

Change

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BioStim

 

$

41,044

 

 

$

37,700

 

 

 

8.9

%

 

 

8.9

%

Biologics

 

 

14,094

 

 

 

13,961

 

 

 

1.0

%

 

 

1.0

%

Extremity Fixation

 

 

24,709

 

 

 

21,815

 

 

 

13.3

%

 

 

20.9

%

Spine Fixation

 

 

18,832

 

 

 

16,286

 

 

 

15.6

%

 

 

15.8

%

Total net sales

 

$

98,679

 

 

$

89,762

 

 

 

9.9

%

 

 

11.8

%

 

Summary of Net Margin by SBU Reporting Segment

The table below presents net margin by SBU reporting segment:

 

 

Three Months Ended

March 31,

 

(U.S. Dollars, in thousands)

 

2016

 

 

2015

 

 

 

 

 

 

 

 

 

 

BioStim

 

$

16,411

 

 

$

14,013

 

Biologics

 

 

6,104

 

 

 

5,944

 

Extremity Fixation

 

 

7,178

 

 

 

7,016

 

Spine Fixation

 

 

2,336

 

 

 

(529

)

Corporate

 

 

(302

)

 

 

(306

)

Total net margin

 

 

31,727

 

 

 

26,138

 

General and administrative

 

 

16,718

 

 

 

21,569

 

Research and development

 

 

7,636

 

 

 

5,845

 

Restatements and related costs

 

 

245

 

 

 

5,916

 

Operating income (loss)

 

$

7,128

 

 

$

(7,192

)