$OFIX
Orthofix Medical Inc.

2014 Q2 Form 10-Q Financial Statement

#000119312515112307 Filed on March 31, 2015

View on sec.gov

Income Statement

Concept 2014 Q2 2013 Q2
Revenue $101.0M $97.64M
YoY Change 3.43% -13.92%
Cost Of Revenue $25.41M $21.88M
YoY Change 16.13% -20.56%
Gross Profit $75.57M $75.76M
YoY Change -0.24% -11.78%
Gross Profit Margin 74.83% 77.59%
Selling, General & Admin $59.57M $59.72M
YoY Change -0.26% -2.69%
% of Gross Profit 78.82% 78.83%
Research & Development $6.313M $8.551M
YoY Change -26.17% -7.58%
% of Gross Profit 8.35% 11.29%
Depreciation & Amortization $5.800M $5.300M
YoY Change 9.43% -1.85%
% of Gross Profit 7.67% 7.0%
Operating Expenses $68.87M $68.84M
YoY Change 0.05% -3.83%
Operating Profit $6.704M $6.920M
YoY Change -3.12% -51.6%
Interest Expense $492.0K $455.0K
YoY Change 8.13% -64.03%
% of Operating Profit 7.34% 6.58%
Other Income/Expense, Net -$129.0K -$1.662M
YoY Change -92.24% 174.71%
Pretax Income $6.575M $5.258M
YoY Change 25.05% -61.6%
Income Tax $3.309M $3.246M
% Of Pretax Income 50.33% 61.73%
Net Earnings -$683.0K -$3.011M
YoY Change -77.32% -141.51%
Net Earnings / Revenue -0.68% -3.08%
Basic Earnings Per Share -$0.04 -$0.16
Diluted Earnings Per Share -$0.04 -$0.16
COMMON SHARES
Basic Shares Outstanding 18.45M 19.14M shares
Diluted Shares Outstanding 18.62M 19.27M shares

Balance Sheet

Concept 2014 Q2 2013 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $28.90M $27.40M
YoY Change 5.47% -45.31%
Cash & Equivalents $28.92M $26.37M
Short-Term Investments
Other Short-Term Assets $129.6M $83.30M
YoY Change 55.58% -29.65%
Inventory $70.90M $94.94M
Prepaid Expenses
Receivables $63.32M $90.83M
Other Receivables $0.00 $0.00
Total Short-Term Assets $292.7M $296.4M
YoY Change -1.25% -25.23%
LONG-TERM ASSETS
Property, Plant & Equipment $51.08M $55.17M
YoY Change -7.4% 21.78%
Goodwill $53.57M $72.76M
YoY Change -26.38%
Intangibles $8.075M $6.857M
YoY Change 17.76%
Long-Term Investments
YoY Change
Other Assets $5.834M $9.067M
YoY Change -35.66% -71.03%
Total Long-Term Assets $141.3M $149.9M
YoY Change -5.74% 11.89%
TOTAL ASSETS
Total Short-Term Assets $292.7M $296.4M
Total Long-Term Assets $141.3M $149.9M
Total Assets $434.0M $446.3M
YoY Change -2.76% -15.85%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $15.70M $18.90M
YoY Change -16.93% 62.93%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $83.09M $71.57M
YoY Change 16.1% -50.98%
LONG-TERM LIABILITIES
Long-Term Debt $20.00M $20.00M
YoY Change 0.0% -50.0%
Other Long-Term Liabilities $12.37M $10.32M
YoY Change 19.79% 212.85%
Total Long-Term Liabilities $12.37M $10.32M
YoY Change 19.79% -76.16%
TOTAL LIABILITIES
Total Short-Term Liabilities $83.09M $71.57M
Total Long-Term Liabilities $12.37M $10.32M
Total Liabilities $128.8M $114.2M
YoY Change 12.8% -44.36%
SHAREHOLDERS EQUITY
Retained Earnings $70.71M $117.0M
YoY Change -39.58%
Common Stock $230.4M $227.0M
YoY Change 1.48%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $305.2M $332.1M
YoY Change
Total Liabilities & Shareholders Equity $434.0M $446.3M
YoY Change -2.76% -15.85%

Cashflow Statement

Concept 2014 Q2 2013 Q2
OPERATING ACTIVITIES
Net Income -$683.0K -$3.011M
YoY Change -77.32% -141.51%
Depreciation, Depletion And Amortization $5.800M $5.300M
YoY Change 9.43% -1.85%
Cash From Operating Activities $28.10M $19.00M
YoY Change 47.89% 118.39%
INVESTING ACTIVITIES
Capital Expenditures -$2.600M -$7.400M
YoY Change -64.86% 13.85%
Acquisitions
YoY Change
Other Investing Activities $0.00 -$800.0K
YoY Change -100.0% -100.52%
Cash From Investing Activities -$2.500M -$8.200M
YoY Change -69.51% -105.59%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -21.90M -18.00M
YoY Change 21.67% -88.14%
NET CHANGE
Cash From Operating Activities 28.10M 19.00M
Cash From Investing Activities -2.500M -8.200M
Cash From Financing Activities -21.90M -18.00M
Net Change In Cash 3.700M -7.200M
YoY Change -151.39% -305.71%
FREE CASH FLOW
Cash From Operating Activities $28.10M $19.00M
Capital Expenditures -$2.600M -$7.400M
Free Cash Flow $30.70M $26.40M
YoY Change 16.29% 73.68%

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dei Trading Symbol
TradingSymbol
OFIX
dei Entity Registrant Name
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ORTHOFIX INTERNATIONAL N V
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dei Document Type
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dei Document Period End Date
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dei Entity Central Index Key
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<div> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; MARGIN-LEFT: 62px; WIDOWS: 1; MARGIN-TOP: 18pt; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> <b>(b) Reclassifications</b></p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 6pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> The Company has reclassified certain line items to conform to the current year presentation. The reclassifications have no effect on previously reported net earnings or shareholders&#x2019; equity.</p> </div>
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us-gaap Use Of Estimates
UseOfEstimates
<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 4%; MARGIN-TOP: 18pt"> <b>(c) Use of estimates</b></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt; TEXT-INDENT: 4%"> The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. On an ongoing basis, the Company evaluates its estimates including those related to contractual allowances, doubtful accounts, inventories, potential intangible assets and goodwill impairment, income taxes and share based compensation. Actual results could differ from these estimates.</p> </div>
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-2545000
us-gaap Gross Profit
GrossProfit
148812000
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
169000
us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
-6623000
us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
72000
us-gaap Other Adjustments To Income Discontinued Operations
OtherAdjustmentsToIncomeDiscontinuedOperations
4500000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
91000
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-4509000
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
40000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
574000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
34829000
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
192000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
52187000
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-11846000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-452000
us-gaap Share Based Compensation
ShareBasedCompensation
2373000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
858000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-5000
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
83184000
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-6225000
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
1390000
us-gaap Operating Income Loss
OperatingIncomeLoss
6675000
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
119000
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
1318000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
5806000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-6760000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-869000
us-gaap Net Income Loss
NetIncomeLoss
-3191000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-2234000
us-gaap Sales Revenue Net
SalesRevenueNet
200999000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
6138000
us-gaap Proceeds From Sale Of Other Investments
ProceedsFromSaleOfOtherInvestments
32000
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
0
us-gaap Interest Expense
InterestExpense
960000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-4959000
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
9520000
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-231000
us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
-2114000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
12246000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
11516000
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
362000
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
40000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1245000
us-gaap Litigation Settlement Expense
LitigationSettlementExpense
1300000
us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
18981000
us-gaap Proceeds From Repayments Of Restricted Cash Financing Activities
ProceedsFromRepaymentsOfRestrictedCashFinancingActivities
-21406000
us-gaap Operating Expenses
OperatingExpenses
142137000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4488000
ofix Revenue From Product Sales
RevenueFromProductSales
176879000
ofix Effective Income Tax Rate Continuing Operations Excluding Impact Of Tax Settlement
EffectiveIncomeTaxRateContinuingOperationsExcludingImpactOfTaxSettlement
0.632 pure
ofix Increase Decrease In Prepaid Expense And Other Current Assets
IncreaseDecreaseInPrepaidExpenseAndOtherCurrentAssets
16245000
ofix Market Service Revenue
MarketServiceRevenue
24120000
ofix Percentage Of Reported Growth
PercentageOfReportedGrowth
-0.01 pure
ofix Number Of Manufacturing Facilities
NumberOfManufacturingFacilities
2 Facilities
ofix Contributions Margin
ContributionsMargin
65628000
ofix Allocated Share Based Compensation Expense Benefit
AllocatedShareBasedCompensationExpenseBenefit
2373000
ofix Number Of Strategic Business Units
NumberOfStrategicBusinessUnits
4 Segment
ofix Accounting Review And Restatement Costs
AccountingReviewAndRestatementCosts
10633000
CY2013Q2 us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
-8092000
CY2013Q2 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
222000
CY2013Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
21884000
CY2013Q2 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
44539000
CY2013Q2 us-gaap Interest Expense
InterestExpense
455000
ofix Amortization Of Exclusivity Agreements
AmortizationOfExclusivityAgreements
1467000
CY2013Q2 us-gaap Stock Repurchase Program Authorized Amount
StockRepurchaseProgramAuthorizedAmount
50000000
CY2013Q2 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
39500000
CY2013Q3 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
19200000
CY2013Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.16
CY2013Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
19270044 shares
CY2013Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.16
CY2013Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
129524 shares
CY2013Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.11
CY2013Q2 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
29479 shares
CY2013Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
19140520 shares
CY2013Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.26
CY2013Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.27
CY2013Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.10
CY2013Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-3500000
CY2013Q2 us-gaap Gross Profit
GrossProfit
75756000
CY2013Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1207000
CY2013Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-5023000
CY2013Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-711000
CY2013Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
6920000
CY2013Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
2012000
CY2013Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
5258000
CY2013Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-1662000
CY2013Q2 us-gaap Net Income Loss
NetIncomeLoss
-3011000
CY2013Q2 us-gaap Sales Revenue Net
SalesRevenueNet
97640000
CY2013Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
15181000
CY2013Q2 us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
-3069000
CY2013Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
8551000
CY2013Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
565000
CY2013Q2 us-gaap Operating Expenses
OperatingExpenses
68836000
CY2013Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3246000
CY2013Q2 ofix Revenue From Product Sales
RevenueFromProductSales
85929000
CY2013Q2 ofix Market Service Revenue
MarketServiceRevenue
11711000
CY2013Q2 ofix Contributions Margin
ContributionsMargin
31217000
CY2013Q2 ofix Allocated Share Based Compensation Expense Benefit
AllocatedShareBasedCompensationExpenseBenefit
1494000
CY2013Q2 ofix Aggregate Adjustment Effects
AggregateAdjustmentEffects
0
CY2013Q2 ofix Increase Decrease In Sales And Marketing Expense
IncreaseDecreaseInSalesAndMarketingExpense
300000
CY2014Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.04
CY2014Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
18621192 shares
CY2014Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.04
CY2014Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
175844 shares
CY2014Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.18
CY2014Q2 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
168715 shares
CY2014Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
18445348 shares
CY2014Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.22
CY2014Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.22
CY2014Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.18
CY2014Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-516000
CY2014Q2 us-gaap Gross Profit
GrossProfit
75571000
CY2014Q2 us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
-5829000
CY2014Q2 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
-31000
CY2014Q2 us-gaap Other Adjustments To Income Discontinued Operations
OtherAdjustmentsToIncomeDiscontinuedOperations
3900000
CY2014Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
363000
CY2014Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-3949000
CY2014Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
198000
CY2014Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
6704000
CY2014Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
3266000
CY2014Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
6575000
CY2014Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-129000
CY2014Q2 us-gaap Net Income Loss
NetIncomeLoss
-683000
CY2014Q2 us-gaap Sales Revenue Net
SalesRevenueNet
100985000
CY2014Q2 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
0
CY2014Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
17553000
CY2014Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
25414000
CY2014Q2 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
42013000
CY2014Q2 us-gaap Interest Expense
InterestExpense
492000
CY2014Q2 us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
-1880000
CY2014Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
6313000
CY2014Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
661000
CY2014Q2 us-gaap Operating Expenses
OperatingExpenses
68867000
CY2014Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3309000
CY2014Q2 ofix Revenue From Product Sales
RevenueFromProductSales
88579000
CY2014Q2 ofix Percentage Of Constant Currency Growth
PercentageOfConstantCurrencyGrowth
-0.03 pure
CY2014Q2 ofix Market Service Revenue
MarketServiceRevenue
12406000
CY2014Q2 ofix Percentage Of Reported Growth
PercentageOfReportedGrowth
-0.03 pure
CY2014Q2 ofix Contributions Margin
ContributionsMargin
33558000
CY2014Q2 ofix Allocated Share Based Compensation Expense Benefit
AllocatedShareBasedCompensationExpenseBenefit
1186000
CY2014Q2 ofix Accounting Review And Restatement Costs
AccountingReviewAndRestatementCosts
2327000

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