XML 57 R36.htm IDEA: XBRL DOCUMENT
v3.20.4

Leases (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2020
Leases [Abstract] |
Schedule of Lease Portfolio | A summary of the Company’s lease portfolio as of December 31, 2020 and 2019 is presented in the table below:
(U.S. Dollars, in thousands, except lease term and discount rate) |  | Classification |  | December 31, 2020 |  |  | December 31, 2019 |
Assets |  |  |  |  |  |  |  |  |  |
Operating leases |  | Other long-term assets |  | $ | 4,840 |  |  | $ | 5,798 |
Finance leases |  | Property, plant and equipment, net |  |  | 20,552 |  |  |  | 20,207 |
Total lease assets |  |  |  | $ | 25,392 |  |  | $ | 26,005 |
Liabilities |  |  |  |  |  |  |  |  |  |
Current |  |  |  |  |  |  |  |  |  |
Operating leases |  | Other current liabilities |  | $ | 2,092 |  |  | $ | 1,875 |
Finance leases |  | Current portion of finance lease liability |  |  | 510 |  |  |  | 323 |
Long-term |  |  |  |  |  |  |  |  |  |
Operating leases |  | Other long-term liabilities |  |  | 2,946 |  |  |  | 4,084 |
Finance leases |  | Long-term portion of finance lease liability |  |  | 22,338 |  |  |  | 20,648 |
Total lease liabilities |  |  |  | $ | 27,886 |  |  | $ | 26,930 |
Weighted Average Remaining Lease Term |  |  |  |  |  |  |  |  |  |
Operating leases |  |  |  | 3.6 years |  |  | 4.2 years |
Finance leases |  |  |  | 18.1 years |  |  | 20.7 years |
Weighted Average Discount Rate |  |  |  |  |  |  |  |  |  |
Operating leases |  |  |  |  | 2.4 | % |  |  | 2.3 | %
Finance leases |  |  |  |  | 4.2 | % |  |  | 4.4 | %
Summary of Components of Lease Costs | The components of lease costs were as follows:
(U.S. Dollars, in thousands) |  | For the Year Ended December 31, 2020 |  |  | For the Year Ended December 31, 2019 |
Finance lease costs: |  |  |  |  |  |  |  |
Amortization of right-of-use assets |  | $ | 1,766 |  |  | $ | 972 |
Interest on finance lease liabilities |  |  | 940 |  |  |  | 919 |
Operating lease costs |  |  | 2,235 |  |  |  | 2,161 |
Short-term lease costs |  |  | 230 |  |  |  | 255 |
Variable lease costs |  |  | 673 |  |  |  | 749 |
Total lease costs |  | $ | 5,844 |  |  | $ | 5,056 |
Summary of Supplemental Cash Flow Information Related to Leases | Supplemental cash flow information related to leases was as follows:
(U.S. Dollars, in thousands) |  | For the Year Ended December 31, 2020 |  | For the Year Ended December 31, 2019 |
Cash paid for amounts included in the measurement of lease liabilities |  |  |  |  |  |  |
Operating cash flows from operating leases |  | $ | 4,299 |  | $ | 4,075 |
Operating cash flows from finance leases |  |  | 689 |  |  | 919 |
Financing cash flows from finance leases |  |  | 323 |  |  | 365 |
Right-of-use assets obtained in exchange for lease obligations |  |  |  |  |  |  |
Operating leases |  |  | 959 |  |  | 878 |
Finance leases |  |  | 1,949 |  |  | 21,179 |
Summary of Remaining Lease Liabilities | A summary of the Company’s remaining lease liabilities as of December 31, 2020 is included below:
(U.S. Dollars, in thousands) |  | Operating Leases |  |  | Finance Leases |
2021 |  | $ | 2,197 |  |  | $ | 1,414 |
2022 |  |  | 1,773 |  |  |  | 3,442 |
2023 |  |  | 467 |  |  |  | 1,471 |
2024 |  |  | 161 |  |  |  | 1,501 |
2025 |  |  | 195 |  |  |  | 1,531 |
Thereafter |  |  | 524 |  |  |  | 24,175 |
Total undiscounted value of lease liabilities |  |  | 5,317 |  |  |  | 33,534 |
Less: Interest |  |  | (279 | ) |  |  | (10,686 | )
Present value of lease liabilities |  | $ | 5,038 |  |  | $ | 22,848 |
Current portion of lease liabilities |  | $ | 2,092 |  |  | $ | 510 |
Long-term portion of lease liabilities |  |  | 2,946 |  |  |  | 22,338 |
Total lease liabilities |  | $ | 5,038 |  |  | $ | 22,848 |

X
- Definition Schedule of lease portfolio. + References No definition available. + Details
Name: | ofix_ScheduleOfLeasePortfolioTableTextBlock
Namespace Prefix: | ofix_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of remaining lease liabilities of operating and finance leases. + References No definition available. + Details
Name: | ofix_ScheduleOfRemainingLeaseLiabilitiesOfOperatingAndFinanceLeasesTableTextBlock
Namespace Prefix: | ofix_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of supplemental cash flow information related to leases. + References No definition available. + Details
Name: | ofix_ScheduleOfSupplementalCashFlowInformationRelatedToLeasesTableTextBlock
Namespace Prefix: | ofix_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=121609121&loc=SL77918686-209980 + Details
Name: | us-gaap_LeaseCostTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration