v3.19.3.a.u2
Consolidated Statements of Operations and Comprehensive Loss - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Net sales      
Total net sales $ 636,080 $ 663,237 $ 668,362
Cost of sales      
Total cost of sales 322,388 338,013 345,585
Gross profit 313,692 325,224 322,777
Operating expenses      
Research and development, net 94,253 98,964 96,237
Selling, general and administrative 231,138 235,107 257,063
Total operating expenses 325,391 334,071 353,300
Operating loss (11,699) (8,847) (30,523)
Financial income, net 4,555 633 1,047
Loss before income taxes (7,144) (8,214) (29,476)
Income taxes expense 3,523 4,736 9,273
Share in profits (losses) of associated companies (412) 1,725 (1,710)
Net loss (11,079) (11,225) (40,459)
Net loss attributable to non-controlling interests (230) (261) (478)
Net loss attributable to Stratasys Ltd. $ (10,849) $ (10,964) $ (39,981)
Net loss per ordinary share attributable to Stratasys Ltd. - basic and diluted $ (0.20) $ (0.22) $ (0.75)
Weighted average ordinary shares outstanding. - basic and diluted 54,260 53,751 52,959
Comprehensive Loss      
Net loss $ (11,079) $ (11,225) $ (40,459)
Other comprehensive income (loss), net of tax:      
Foreign currency translation adjustments (580) 227 6,102
Unrealized gains (losses) on derivatives designated as cash flow hedge 617 (957) 354
Other comprehensive income (loss), net of tax 37 (730) 6,456
Comprehensive loss (11,042) (11,955) (34,003)
Less: Comprehensive loss attributable to non-controlling interests (230) (261) (478)
Comprehensive loss attributable to Stratasys Ltd. (10,812) (11,694) (33,525)
Products [Member]      
Net sales      
Total net sales 430,746 456,504 474,286
Cost of sales      
Total cost of sales 182,430 203,622 219,020
Services [Member]      
Net sales      
Total net sales 205,334 206,733 194,076
Cost of sales      
Total cost of sales $ 139,958 $ 134,391 $ 126,565

Source