| Balance Sheet Related Disclosures [Abstract] | Period [Axis] |
|---|
2016-01-01 - 2016-12-31 |
|---|
Balance Sheet Related Disclosures [Abstract] | |
Accounts receivable, net |
Accounts receivable consist of the following (in thousands):
|
|
|
December 31, |
|
|
|
|
2016 |
|
|
2015 |
|
|
Accounts receivable |
|
$ |
19,870 |
|
|
$ |
27,639 |
|
|
Less allowance for doubtful accounts |
|
|
(1,358 |
) |
|
|
(769 |
) |
|
Accounts receivables, net |
|
$ |
18,512 |
|
|
$ |
26,870 |
|
|
Inventories, net |
Inventories consist of the following (in thousands):
|
|
|
December 31, |
|
|
|
|
2016 |
|
|
2015 |
|
|
Raw materials |
|
$ |
7,301 |
|
|
$ |
7,237 |
|
|
Work-in-process |
|
|
823 |
|
|
|
1,908 |
|
|
Finished goods |
|
|
38,469 |
|
|
|
39,388 |
|
|
|
|
|
46,593 |
|
|
|
48,533 |
|
|
Less reserve for excess and obsolete finished goods |
|
|
(16,500 |
) |
|
|
(15,901 |
) |
|
Inventories, net |
|
$ |
30,093 |
|
|
$ |
32,632 |
|
|
Property and equipment, net |
Property and equipment consist of the following (in thousands except for useful lives):
|
|
|
Useful lives |
|
|
December 31, |
|
|
|
|
(in years) |
|
|
2016 |
|
|
2015 |
|
|
Surgical instruments |
|
|
4 |
|
|
$ |
53,095 |
|
|
$ |
52,404 |
|
|
Machinery and equipment |
|
|
7 |
|
|
|
5,435 |
|
|
|
14,416 |
|
|
Computer equipment |
|
|
3 |
|
|
|
3,511 |
|
|
|
3,816 |
|
|
Office furniture and equipment |
|
|
5 |
|
|
|
2,695 |
|
|
|
3,426 |
|
|
Leasehold improvements |
|
various |
|
|
|
3,467 |
|
|
|
3,467 |
|
|
Construction in progress |
|
n/a |
|
|
|
445 |
|
|
|
139 |
|
|
|
|
|
|
|
|
|
68,648 |
|
|
|
77,668 |
|
|
Less accumulated depreciation and amortization |
|
|
|
|
|
|
(53,572 |
) |
|
|
(61,587 |
) |
|
Property and equipment, net |
|
|
|
|
|
$ |
15,076 |
|
|
$ |
16,081 |
|
|
Intangible assets |
Intangible assets consist of the following (in thousands except for useful lives):
|
|
|
Remaining Avg.
Useful lives |
|
|
December 31, |
|
|
|
|
(in years) |
|
|
2016 |
|
|
2015 |
|
|
Developed product technology |
|
|
— |
|
|
$ |
13,876 |
|
|
$ |
13,876 |
|
|
Intellectual property |
|
|
— |
|
|
|
1,004 |
|
|
|
1,004 |
|
|
License agreements |
|
|
2 |
|
|
|
5,265 |
|
|
|
5,015 |
|
|
Trademarks and trade names |
|
|
— |
|
|
|
732 |
|
|
|
732 |
|
|
Customer-related |
|
|
8 |
|
|
|
7,458 |
|
|
|
7,458 |
|
|
Distribution network |
|
|
8 |
|
|
|
4,027 |
|
|
|
4,027 |
|
|
|
|
|
|
|
|
|
32,362 |
|
|
|
32,112 |
|
|
Less accumulated amortization |
|
|
|
|
|
|
(26,651 |
) |
|
|
(23,306 |
) |
|
Intangible assets, net |
|
|
|
|
|
$ |
5,711 |
|
|
$ |
8,806 |
|
|
Schedule of intangible assets, future expected amortization expense |
The future expected amortization expense related to intangible assets as of December 31, 2016 is as follows (in thousands):
|
Year Ending December 31, |
|
|
|
|
|
2017 |
|
$ |
936 |
|
|
2018 |
|
|
750 |
|
|
2019 |
|
|
689 |
|
|
2020 |
|
|
688 |
|
|
2021 |
|
|
688 |
|
|
Thereafter |
|
|
1,960 |
|
|
Total |
|
$ |
5,711 |
|
|
Goodwill |
The changes in the carrying amount of goodwill from December 31, 2015 through December 31, 2016 were as follows (in thousands):
|
|
|
2016 |
|
|
2015 |
|
|
Balance at January 1 |
|
$ |
— |
|
|
$ |
171,333 |
|
|
Impairment charge |
|
|
— |
|
|
|
(164,263 |
) |
|
Effect of foreign exchange rate on goodwill |
|
|
— |
|
|
|
(7,070 |
) |
|
Balance at December 31 |
|
$ |
— |
|
|
$ |
— |
|
|
Accrued expenses |
Accrued expenses consist of the following (in thousands):
|
|
|
December 31, |
|
|
|
|
2016 |
|
|
2015 |
|
|
Commissions and sales milestones |
|
$ |
4,202 |
|
|
$ |
3,963 |
|
|
Payroll and payroll related |
|
|
2,384 |
|
|
|
3,947 |
|
|
Litigation settlements |
|
|
4,400 |
|
|
|
4,400 |
|
|
Globus related accruals |
|
|
3,830 |
|
|
|
— |
|
|
Accrued professional fees |
|
|
3,093 |
|
|
|
1,972 |
|
|
Royalties |
|
|
1,347 |
|
|
|
1,199 |
|
|
Restructuring and severance accruals |
|
|
1,328 |
|
|
|
505 |
|
|
Accrued taxes |
|
|
404 |
|
|
|
765 |
|
|
Guaranteed collaboration compensation, current |
|
|
2,228 |
|
|
|
— |
|
|
Accrued interest |
|
|
387 |
|
|
|
999 |
|
|
Other |
|
|
3,986 |
|
|
|
3,425 |
|
|
Total accrued expenses |
|
$ |
27,589 |
|
|
$ |
21,175 |
|
|