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Acquisitions (Tables)

6 Months Ended

Jun. 30, 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)		Preliminary Acquisition Date Fair Value as Previously Reported				Adjustments				Revised Preliminary Acquisition Date Fair Value				Balance Sheet Classification		Assigned Useful Life
Assets acquired
Inventories		$	528			$	—			$	528			Inventories
Developed technology			4,500				—				4,500			Intangible assets, net		8 years
Customer relationships			800				—				800			Intangible assets, net		15 years
Trade name			600				—				600			Intangible assets, net		15 years
In-process research and development ("IPR&D")			440				(140	)			300			Intangible assets, net		Indefinite
Total identifiable assets acquired			6,868				(140	)			6,728
Goodwill			11,132				140				11,272
Total fair value of consideration transferred		$	18,000			$	—			$	18,000

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Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree.

+ References

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-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
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