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Orthofix Medical Inc. – ‘10-Q’ for 3/31/21 – ‘JSON’

On:  Friday, 4/30/21, at 8:27am ET   ·   For:  3/31/21   ·   Accession #:  1564590-21-22230   ·   File #:  0-19961

Previous ‘10-Q’:  ‘10-Q’ on 11/5/20 for 9/30/20   ·   Next:  ‘10-Q’ on 8/6/21 for 6/30/21   ·   Latest:  ‘10-Q’ on 11/8/23 for 9/30/23   ·   2 References:   

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 4/30/21  Orthofix Medical Inc.             10-Q        3/31/21   75:7.3M                                   ActiveDisclosure/FA

Quarterly Report   —   Form 10-Q
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q        Quarterly Report                                    HTML    675K 
 2: EX-31.1     Certification -- §302 - SOA'02                      HTML     29K 
 3: EX-31.2     Certification -- §302 - SOA'02                      HTML     29K 
 4: EX-32.1     Certification -- §906 - SOA'02                      HTML     25K 
11: R1          Document and Entity Information                     HTML     75K 
12: R2          Condensed Consolidated Balance Sheets               HTML    104K 
13: R3          Condensed Consolidated Balance Sheets               HTML     33K 
                (Parenthetical)                                                  
14: R4          Condensed Consolidated Statements of Income and     HTML    108K 
                Comprehensive Income (Loss)                                      
15: R5          Condensed Consolidated Statements of Changes in     HTML     57K 
                Shareholders' Equity                                             
16: R6          Condensed Consolidated Statements of Cash Flows     HTML    112K 
17: R7          Business, basis of presentation, COVID-19 update,   HTML     33K 
                and CARES Act                                                    
18: R8          Recently adopted accounting standards and recently  HTML     33K 
                issued accounting pronouncements                                 
19: R9          Acquisitions                                        HTML     42K 
20: R10         Inventories                                         HTML     45K 
21: R11         Leases                                              HTML    103K 
22: R12         Long-term debt                                      HTML     25K 
23: R13         Fair value measurements and investments             HTML    189K 
24: R14         Contingencies                                       HTML     28K 
25: R15         Accumulated other comprehensive loss                HTML     50K 
26: R16         Revenue recognition and accounts receivable         HTML    108K 
27: R17         Business segment information                        HTML    110K 
28: R18         Acquisition-Related Amortization and Remeasurement  HTML     44K 
29: R19         Share-based compensation                            HTML     68K 
30: R20         Income taxes                                        HTML     28K 
31: R21         Earnings per share ("Eps")                          HTML     48K 
32: R22         Subsequent Events                                   HTML     25K 
33: R23         Recently adopted accounting standards and recently  HTML     25K 
                issued accounting pronouncements (Policies)                      
34: R24         Acquisitions (Tables)                               HTML     40K 
35: R25         Inventories (Tables)                                HTML     45K 
36: R26         Leases (Tables)                                     HTML    104K 
37: R27         Fair value measurements and investments (Tables)    HTML    191K 
38: R28         Accumulated other comprehensive loss (Tables)       HTML     49K 
39: R29         Revenue recognition and accounts receivable         HTML    104K 
                (Tables)                                                         
40: R30         Business segment information (Tables)               HTML    107K 
41: R31         Acquisition-Related Amortization and Remeasurement  HTML     43K 
                (Tables)                                                         
42: R32         Share-based compensation (Tables)                   HTML     69K 
43: R33         Earnings per share ("Eps") (Tables)                 HTML     46K 
44: R34         Business, basis of presentation, COVID-19 update,   HTML     32K 
                and CARES Act - Additional information (Detail)                  
45: R35         Recently Adopted Accounting Standards and Recently  HTML     37K 
                Issued Accounting Pronouncements - Additional                    
                Information (Detail)                                             
46: R36         Acquisitions - Additional Information (Detail)      HTML     35K 
47: R37         Acquisitions - Summary of Fair Values of Assets     HTML     38K 
                Acquired and Liabilities Assumed (Detail)                        
48: R38         Inventories - Schedule of Inventories (Detail)      HTML     34K 
49: R39         Leases - Summary of Lease Portfolio (Detail)        HTML     50K 
50: R40         Leases - Summary of Supplemental Cash Flow          HTML     36K 
                Information Related to Leases (Detail)                           
51: R41         Long-Term Debt - Additional Information (Detail)    HTML     29K 
52: R42         Fair Value Measurements and Investments - Schedule  HTML     53K 
                of Financial Assets and Liabilities Measured at                  
                Fair Value on Recurring Basis (Detail)                           
53: R43         Fair Value Measurements and Investments -           HTML     61K 
                Additional Information (Detail)                                  
54: R44         Fair Value Measurements and Investments - Schedule  HTML     39K 
                of Reconciliation For Contingent Consideration                   
                Measured At Fair Value Using Significant                         
                Unobservable Inputs (Level 3) (Detail)                           
55: R45         Fair Value Measurements and Investments - Schedule  HTML     59K 
                of Valuation Methodology and Unobservable Inputs                 
                for Level 3 Assets and Liabilities Measured at                   
                Fair Value (Detail)                                              
56: R46         Contingencies - Additional Information (Detail)     HTML     30K 
57: R47         Accumulated Other Comprehensive Loss - Components   HTML     39K 
                of Changes in Accumulated Other Comprehensive Loss               
                (Detail)                                                         
58: R48         Revenue Recognition and Accounts Receivable -       HTML     42K 
                Schedule of Net Sales by Major Product Category by               
                Reporting Segment (Detail)                                       
59: R49         Revenue Recognition and Accounts Receivable -       HTML     31K 
                Schedule of Components of Net Sales (Detail)                     
60: R50         Revenue Recognition and Accounts Receivable -       HTML     33K 
                Schedule of Allowance for Expected Credit Losses                 
                (Detail)                                                         
61: R51         Revenue Recognition and Accounts Receivable -       HTML     49K 
                Additional Information (Detail)                                  
62: R52         Business Segment Information - Additional           HTML     24K 
                Information (Detail)                                             
63: R53         Business Segment Information - Summary of EBIDTA    HTML     41K 
                by Reporting Segment (Detail)                                    
64: R54         Business Segment Information - Summary of Net       HTML     41K 
                Sales by Geographic Destination for Each Reporting               
                Segment (Detail)                                                 
65: R55         Acquisition-Related Amortization and Remeasurement  HTML     31K 
                - Components of Acquisition-Related Amortization                 
                and Remeasurement (Detail)                                       
66: R56         Share-based Compensation - Schedule of Components   HTML     44K 
                of Share-Based Compensation Expense (Detail)                     
67: R57         Share-based Compensation - Additional Information   HTML     24K 
                (Detail)                                                         
68: R58         Income Taxes - Additional Information (Detail)      HTML     34K 
69: R59         Earnings Per Share ("EPS") - Schedule of            HTML     36K 
                Reconciliation of Weighted Average Shares Used in                
                Diluted EPS (Detail)                                             
70: R60         Earnings Per Share ("EPS") - Additional             HTML     28K 
                Information (Detail)                                             
71: R61         Subsequent Events - Additional Information          HTML     30K 
                (Detail)                                                         
73: XML         IDEA XML File -- Filing Summary                      XML    140K 
10: XML         XBRL Instance -- ofix-10q_20210331_htm               XML   1.77M 
72: EXCEL       IDEA Workbook of Financial Reports                  XLSX     74K 
 6: EX-101.CAL  XBRL Calculations -- ofix-20210331_cal               XML    154K 
 7: EX-101.DEF  XBRL Definitions -- ofix-20210331_def                XML    416K 
 8: EX-101.LAB  XBRL Labels -- ofix-20210331_lab                     XML   1.01M 
 9: EX-101.PRE  XBRL Presentations -- ofix-20210331_pre              XML    764K 
 5: EX-101.SCH  XBRL Schema -- ofix-20210331                         XSD    172K 
74: JSON        XBRL Instance as JSON Data -- MetaLinks              332±   504K 
75: ZIP         XBRL Zipped Folder -- 0001564590-21-022230-xbrl      Zip    150K 


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                "lang":  {
                    "en-us":  {
                        "role":  {
                            "documentation":  "Fiscal period values are FY, Q1, Q2, and Q3.  1st, 2nd and 3rd quarter 10-Q or 10-QT statements have value Q1, Q2, and Q3 respectively, with 10-K, 10-KT or other fiscal year statements having FY.",
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                            "terseLabel":  "Document Fiscal Period Focus"
                            }
                        }
                    },
                "localname":  "DocumentFiscalPeriodFocus",
                "nsuri":  "http://xbrl.sec.gov/dei/2020-01-31",
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                    ],
                "xbrltype":  "fiscalPeriodItemType"
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                    ],
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                    "en-us":  {
                        "role":  {
                            "documentation":  "This is focus fiscal year of the document report in YYYY format.  For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus.  Example: 2006.",
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                            "terseLabel":  "Document Fiscal Year Focus"
                            }
                        }
                    },
                "localname":  "DocumentFiscalYearFocus",
                "nsuri":  "http://xbrl.sec.gov/dei/2020-01-31",
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                "xbrltype":  "gYearItemType"
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                    ],
                "lang":  {
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                        "role":  {
                            "documentation":  "The end date of the period reflected on the cover page if a periodic report.  For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented.  If there is no historical data in the report, use the filing date.  The format of the date is YYYY-MM-DD.",
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                            "terseLabel":  "Document Period End Date"
                            }
                        }
                    },
                "localname":  "DocumentPeriodEndDate",
                "nsuri":  "http://xbrl.sec.gov/dei/2020-01-31",
                "presentation":  [
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                    ],
                "xbrltype":  "dateItemType"
                },
            "dei_DocumentQuarterlyReport":  {
                "auth_ref":  [
                    "r524"
                    ],
                "lang":  {
                    "en-us":  {
                        "role":  {
                            "documentation":  "Boolean flag that is true only for a form used as an quarterly report.",
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                            "terseLabel":  "Document Quarterly Report"
                            }
                        }
                    },
                "localname":  "DocumentQuarterlyReport",
                "nsuri":  "http://xbrl.sec.gov/dei/2020-01-31",
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                "xbrltype":  "booleanItemType"
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                    ],
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                            "documentation":  "Boolean flag that is true only for a form used as a transition report.",
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                            }
                        }
                    },
                "localname":  "DocumentTransitionReport",
                "nsuri":  "http://xbrl.sec.gov/dei/2020-01-31",
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                "xbrltype":  "booleanItemType"
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                        "role":  {
                            "documentation":  "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc).  The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.",
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                            "verboseLabel":  "Document Type"
                            }
                        }
                    },
                "localname":  "DocumentType",
                "nsuri":  "http://xbrl.sec.gov/dei/2020-01-31",
                "presentation":  [
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                "xbrltype":  "submissionTypeItemType"
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                    ],
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                    "en-us":  {
                        "role":  {
                            "documentation":  "Address Line 1 such as Attn, Building Name, Street Name",
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                            }
                        }
                    },
                "localname":  "EntityAddressAddressLine1",
                "nsuri":  "http://xbrl.sec.gov/dei/2020-01-31",
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                "xbrltype":  "normalizedStringItemType"
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                    ],
                "lang":  {
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                        "role":  {
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                            }
                        }
                    },
                "localname":  "EntityAddressCityOrTown",
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                "xbrltype":  "normalizedStringItemType"
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                    ],
                "lang":  {
                    "en-us":  {
                        "role":  {
                            "documentation":  "Code for the postal or zip code",
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                            "terseLabel":  "Entity Address, Postal Zip Code"
                            }
                        }
                    },
                "localname":  "EntityAddressPostalZipCode",
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                "xbrltype":  "normalizedStringItemType"
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                    ],
                "lang":  {
                    "en-us":  {
                        "role":  {
                            "documentation":  "Name of the state or province.",
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                            "terseLabel":  "Entity Address, State or Province"
                            }
                        }
                    },
                "localname":  "EntityAddressStateOrProvince",
                "nsuri":  "http://xbrl.sec.gov/dei/2020-01-31",
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                    ],
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                },
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                    ],
                "lang":  {
                    "en-us":  {
                        "role":  {
                            "documentation":  "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC.  It is commonly abbreviated as CIK.",
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                            "terseLabel":  "Entity Central Index Key"
                            }
                        }
                    },
                "localname":  "EntityCentralIndexKey",
                "nsuri":  "http://xbrl.sec.gov/dei/2020-01-31",
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                    ],
                "xbrltype":  "centralIndexKeyItemType"
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                    ],
                "lang":  {
                    "en-us":  {
                        "role":  {
                            "documentation":  "Indicate number of shares or other units outstanding of each of registrant's classes of capital or common stock or other ownership interests, if and as stated on cover of related periodic report.  Where multiple classes or units exist define each class/interest by adding class of stock items such as Common Class A [Member], Common Class B [Member] or Partnership Interest [Member] onto the Instrument [Domain] of the Entity Listings, Instrument.",
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                            "verboseLabel":  "Entity Common Stock, Shares Outstanding"
                            }
                        }
                    },
                "localname":  "EntityCommonStockSharesOutstanding",
                "nsuri":  "http://xbrl.sec.gov/dei/2020-01-31",
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                    ],
                "lang":  {
                    "en-us":  {
                        "role":  {
                            "documentation":  "Indicate 'Yes' or 'No' whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days.  This information should be based on the registrant's current or most recent filing containing the related disclosure.",
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                            }
                        }
                    },
                "localname":  "EntityCurrentReportingStatus",
                "nsuri":  "http://xbrl.sec.gov/dei/2020-01-31",
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                "xbrltype":  "yesNoItemType"
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                    ],
                "lang":  {
                    "en-us":  {
                        "role":  {
                            "documentation":  "Indicate if registrant meets the emerging growth company criteria.",
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                            "terseLabel":  "Entity Emerging Growth Company"
                            }
                        }
                    },
                "localname":  "EntityEmergingGrowthCompany",
                "nsuri":  "http://xbrl.sec.gov/dei/2020-01-31",
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                    ],
                "xbrltype":  "booleanItemType"
                },
            "dei_EntityFileNumber":  {
                "auth_ref":  [
                    ],
                "lang":  {
                    "en-us":  {
                        "role":  {
                            "documentation":  "Commission file number.  The field allows up to 17 characters.  The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.",
                            "label":  "Entity File Number",
                            "terseLabel":  "Entity File Number"
                            }
                        }
                    },
                "localname":  "EntityFileNumber",
                "nsuri":  "http://xbrl.sec.gov/dei/2020-01-31",
                "presentation":  [
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                    ],
                "xbrltype":  "fileNumberItemType"
                },
            "dei_EntityFilerCategory":  {
                "auth_ref":  [
                    "r526"
                    ],
                "lang":  {
                    "en-us":  {
                        "role":  {
                            "documentation":  "Indicate whether the registrant is one of the following:  Large Accelerated Filer, Accelerated Filer, Non-accelerated Filer.  Definitions of these categories are stated in Rule 12b-2 of the Exchange Act.  This information should be based on the registrant's current or most recent filing containing the related disclosure.",
                            "label":  "Entity Filer Category",
                            "terseLabel":  "Entity Filer Category"
                            }
                        }
                    },
                "localname":  "EntityFilerCategory",
                "nsuri":  "http://xbrl.sec.gov/dei/2020-01-31",
                "presentation":  [
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                    ],
                "xbrltype":  "filerCategoryItemType"
                },
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                "auth_ref":  [
                    ],
                "lang":  {
                    "en-us":  {
                        "role":  {
                            "documentation":  "Two-character EDGAR code representing the state or country of incorporation.",
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                            "terseLabel":  "Entity Incorporation, State or Country Code"
                            }
                        }
                    },
                "localname":  "EntityIncorporationStateCountryCode",
                "nsuri":  "http://xbrl.sec.gov/dei/2020-01-31",
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                    ],
                "xbrltype":  "edgarStateCountryItemType"
                },
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                    "r527"
                    ],
                "lang":  {
                    "en-us":  {
                        "role":  {
                            "documentation":  "Boolean flag that is true when the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).",
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                            "terseLabel":  "Entity Interactive Data Current"
                            }
                        }
                    },
                "localname":  "EntityInteractiveDataCurrent",
                "nsuri":  "http://xbrl.sec.gov/dei/2020-01-31",
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                "xbrltype":  "yesNoItemType"
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                "auth_ref":  [
                    "r526"
                    ],
                "lang":  {
                    "en-us":  {
                        "role":  {
                            "documentation":  "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.",
                            "label":  "Entity Registrant Name",
                            "terseLabel":  "Entity Registrant Name"
                            }
                        }
                    },
                "localname":  "EntityRegistrantName",
                "nsuri":  "http://xbrl.sec.gov/dei/2020-01-31",
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                    ],
                "xbrltype":  "normalizedStringItemType"
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                    ],
                "lang":  {
                    "en-us":  {
                        "role":  {
                            "documentation":  "Boolean flag that is true when the registrant is a shell company as defined in Rule 12b-2 of the Exchange Act.",
                            "label":  "Entity Shell Company",
                            "terseLabel":  "Entity Shell Company"
                            }
                        }
                    },
                "localname":  "EntityShellCompany",
                "nsuri":  "http://xbrl.sec.gov/dei/2020-01-31",
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                    ],
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                    ],
                "lang":  {
                    "en-us":  {
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                            "terseLabel":  "Entity Small Business"
                            }
                        }
                    },
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                "nsuri":  "http://xbrl.sec.gov/dei/2020-01-31",
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                    ],
                "lang":  {
                    "en-us":  {
                        "role":  {
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                            "terseLabel":  "Entity Tax Identification Number"
                            }
                        }
                    },
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                "nsuri":  "http://xbrl.sec.gov/dei/2020-01-31",
                "presentation":  [
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                    ],
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                },
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                "lang":  {
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                            "terseLabel":  "Local Phone Number"
                            }
                        }
                    },
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                "nsuri":  "http://xbrl.sec.gov/dei/2020-01-31",
                "presentation":  [
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                    ],
                "xbrltype":  "normalizedStringItemType"
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                    ],
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                    "en-us":  {
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                        }
                    },
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                "auth_ref":  [
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                    ],
                "lang":  {
                    "en-us":  {
                        "role":  {
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                            "label":  "Security Exchange Name",
                            "terseLabel":  "Security Exchange Name"
                            }
                        }
                    },
                "localname":  "SecurityExchangeName",
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                "lang":  {
                    "en-us":  {
                        "role":  {
                            "documentation":  "Trading symbol of an instrument as listed on an exchange.",
                            "label":  "Trading Symbol",
                            "verboseLabel":  "Trading Symbol"
                            }
                        }
                    },
                "localname":  "TradingSymbol",
                "nsuri":  "http://xbrl.sec.gov/dei/2020-01-31",
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                "xbrltype":  "tradingSymbolItemType"
                },
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                    },
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}


2 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 8/06/21  Orthofix Medical Inc.             S-8         8/06/21    3:190K                                   ActiveDisclosure/FA
 8/06/21  Orthofix Medical Inc.             S-8         8/06/21    3:187K                                   ActiveDisclosure/FA
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