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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified |
3 Months Ended | |
|---|---|---|
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Mar. 31, 2015
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Mar. 31, 2014
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| Cash flows from operating activities | ||
| Net income (loss) | $ (216,404)us-gaap_ProfitLoss | $ 4,087us-gaap_ProfitLoss |
| Adjustments to reconcile net income (loss) to net cash provided by operating activities: | ||
| Goodwill impairment | 150,400us-gaap_GoodwillImpairmentLoss | |
| Depreciation and amortization | 28,907us-gaap_DepreciationDepletionAndAmortization | 23,367us-gaap_DepreciationDepletionAndAmortization |
| Impairement of other intangible assets | 43,205us-gaap_ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill | |
| Stock-based compensation | 9,760us-gaap_ShareBasedCompensation | 6,736us-gaap_ShareBasedCompensation |
| Net foreign currency translation loss (gain) | 8,708us-gaap_ForeignCurrencyTransactionGainLossBeforeTax | (139)us-gaap_ForeignCurrencyTransactionGainLossBeforeTax |
| Deferred income taxes | (13,830)us-gaap_IncreaseDecreaseInDeferredIncomeTaxes | (5,871)us-gaap_IncreaseDecreaseInDeferredIncomeTaxes |
| Excess tax benefit from stock options | (238)us-gaap_ProceedsAndExcessTaxBenefitFromSharebasedCompensation | |
| Change in fair value of obligations in connection with acquisitions | (13,256)ssys_ChangeInFairValueOfObligationsInConnectionWithAcquisitions | (7,495)ssys_ChangeInFairValueOfObligationsInConnectionWithAcquisitions |
| Other non-cash items | 47us-gaap_OtherNoncashIncomeExpense | 161us-gaap_OtherNoncashIncomeExpense |
| Change in cash attributable to changes in operating assets and liabilities, net of the impact of acquisitions: | ||
| Accounts receivable, net | 4,563us-gaap_IncreaseDecreaseInAccountsReceivable | (6,494)us-gaap_IncreaseDecreaseInAccountsReceivable |
| Inventories | (15,348)us-gaap_IncreaseDecreaseInInventories | (13,216)us-gaap_IncreaseDecreaseInInventories |
| Net investment in sales-type leases | (1,819)ssys_IncreaseDecreaseInNetInvestmentInSalesTypeLeases | (891)ssys_IncreaseDecreaseInNetInvestmentInSalesTypeLeases |
| Other receivables and prepaid expenses | 8,916us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets | (5,023)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets |
| Other non-current assets | (1,104)us-gaap_IncreaseDecreaseInOtherOperatingAssets | (379)us-gaap_IncreaseDecreaseInOtherOperatingAssets |
| Accounts payable | 10,093us-gaap_IncreaseDecreaseInAccountsPayable | 1,738us-gaap_IncreaseDecreaseInAccountsPayable |
| Other current liabilities | (5,595)us-gaap_IncreaseDecreaseInOtherCurrentLiabilities | 8,383us-gaap_IncreaseDecreaseInOtherCurrentLiabilities |
| Deferred revenues | 2,747us-gaap_IncreaseDecreaseInDeferredRevenue | 3,048us-gaap_IncreaseDecreaseInDeferredRevenue |
| Other non-current liabilities | 3,914us-gaap_IncreaseDecreaseInOtherNoncurrentLiabilities | (2,914)us-gaap_IncreaseDecreaseInOtherNoncurrentLiabilities |
| Net cash provided by operating activities | 3,904us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations | 4,860us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations |
| Cash flows from investing activities | ||
| Purchase of property and equipment | (14,408)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment | (10,872)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment |
| Proceeds from maturities of short-term bank deposits | 8,725ssys_ProceedsFromSaleOfShortTermBankDeposits | 201,634ssys_ProceedsFromSaleOfShortTermBankDeposits |
| Cash paid for acquisitions, net of cash acquired | (3,801)ssys_PaymentsToAcquireNetOfCashAcquired | |
| Investment in short-term bank deposits | (1,709)ssys_PaymentsToAcquireShortTermBankDeposits | (200,000)ssys_PaymentsToAcquireShortTermBankDeposits |
| Acquisition of intangible assets | (376)us-gaap_PaymentsToAcquireIntangibleAssets | (1,706)us-gaap_PaymentsToAcquireIntangibleAssets |
| Other investing activities | (99)us-gaap_PaymentsForProceedsFromOtherInvestingActivities | 41us-gaap_PaymentsForProceedsFromOtherInvestingActivities |
| Net cash used in investing activities | (11,668)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations | (10,903)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations |
| Cash flows from financing activities | ||
| Payments of obligations in connection with acquisitions | (11,620)ssys_PaymentsForEarnOutObligation | |
| Proceeds from exercise of stock options | 1,969us-gaap_ProceedsFromStockOptionsExercised | 1,040us-gaap_ProceedsFromStockOptionsExercised |
| Acquisition of non-controlling interest | (2,171)us-gaap_PaymentsToMinorityShareholders | |
| Excess tax benefit from stock options | 238us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities | |
| Net cash used in financing activities | (9,651)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations | (893)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations |
| Effect of exchange rate changes on cash and cash equivalents | (1,694)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents | 16us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents |
| Net change in cash and cash equivalents | (19,109)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease | (6,920)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease |
| Cash and cash equivalents, beginning of period | 442,141us-gaap_CashAndCashEquivalentsAtCarryingValue | 414,088us-gaap_CashAndCashEquivalentsAtCarryingValue |
| Cash and cash equivalents, end of period | 423,032us-gaap_CashAndCashEquivalentsAtCarryingValue | 407,168us-gaap_CashAndCashEquivalentsAtCarryingValue |
| Supplemental disclosures of cash flow information: | ||
| Transfer of fixed assets to inventory | 2,502ssys_TransferOfFixedAssetsToInventory | 60ssys_TransferOfFixedAssetsToInventory |
| Transfer of inventory to fixed assets | $ 4,584ssys_TransferOfInventoryToFixedAssets | $ 1,643ssys_TransferOfInventoryToFixedAssets |
| X | ||||||||||
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- Definition
Represents the amount of change in fair value of obligations in connection with acquisitions. No definition available.
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- Definition
Increase decrease in net investment in sales type leases. No definition available.
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- Definition
Represents the payment of earn-out obligations. No definition available.
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- Definition
The cash outflow associated with the acquisition of a business, net of the cash acquired from the purchase. No definition available.
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- Definition
The cash outflow associated with the purchase of short-term bank deposits during the period. No definition available.
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- Definition
The cash inflow from sales of short-term bank deposits during the reporting period. No definition available.
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- Definition
Value of fixed assets transferred to inventory in noncash transactions. No definition available.
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- Definition
Value of inventory transferred to fixed assets in noncash transactions. No definition available.
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- Details
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- Definition
Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are the amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Includes effect from exchange rate changes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of increase (decrease) from the effect of exchange rate changes on cash and cash equivalent balances held in foreign currencies. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of cash inflow from realized tax benefit related to deductible compensation cost reported on the entity's tax return for equity instruments in excess of the compensation cost for those instruments recognized for financial reporting purposes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount before tax of foreign currency transaction realized and unrealized gain (loss) recognized in the income statement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of loss from the write-down of an asset representing the future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of impairment loss resulting from write-down of assets, excluding financial assets and goodwill, lacking physical substance and having a projected indefinite period of benefit to fair value. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period in the aggregate amount of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in amount due within one year (or one business cycle) from customers for the credit sale of goods and services. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period in the account that represents the temporary difference that results from Income or Loss that is recognized for accounting purposes but not for tax purposes and vice versa. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period, excluding the portion taken into income, in the liability reflecting revenue yet to be earned for which cash or other forms of consideration was received or recorded as a receivable. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period in the aggregate value of all inventory held by the reporting entity, associated with underlying transactions that are classified as operating activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
The increase (decrease) during the reporting period in other current operating liabilities not separately disclosed in the statement of cash flows. No definition available.
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- Definition
The increase (decrease) during the reporting period in other noncurrent operating liabilities not separately disclosed in the statement of cash flows. No definition available.
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- Definition
The increase (decrease) during the reporting period in other assets used in operating activities not separately disclosed in the statement of cash flows. May include changes in other current assets, other noncurrent assets, or a combination of other current and noncurrent assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period in the value of prepaid expenses and other assets not separately disclosed in the statement of cash flows, for example, deferred expenses, intangible assets, or income taxes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Other income (expense) included in net income that results in no cash inflows or outflows in the period. Includes noncash adjustments to reconcile net income (loss) to cash provided by (used in) operating activities that are not separately disclosed. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The net cash outflow or inflow from other investing activities. This element is used when there is not a more specific and appropriate element in the taxonomy. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash outflow to acquire asset without physical form usually arising from contractual or other legal rights, excluding goodwill. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of cash outflow to a noncontrolling interest. Includes, but not limited to, reduction of noncontrolling interest ownership. Excludes dividends paid to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate cash inflow comprised of the amount received from (a) employees to acquire the entity's shares under incentive awards, including stock option exercises and restricted stock arrangements, and (b) the excess tax benefit arising from such transactions. No definition available.
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- Definition
The cash inflow associated with the amount received from holders exercising their stock options. This item inherently excludes any excess tax benefit, which the entity may have realized and reported separately. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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