Equity (Tables)
|
9 Months Ended |
Sep. 30, 2015 |
|---|
| Schedule of Share-based Compensation Expense |
|
|
Three Months Ended |
|
Nine Months Ended |
|
|
September 30, |
|
September 30, |
|
|
2015 |
|
2014 |
|
2015 |
|
2014 |
|
|
U.S. $ in thousands |
| Cost of sales |
|
$ |
739
|
|
$ |
1,282 |
|
$ |
4,369 |
|
$ |
3,228 |
| Research and development, net |
|
|
985
|
|
|
1,098 |
|
|
4,359 |
|
|
2,921 |
| Selling, general and administrative |
|
|
3,112
|
|
|
5,217 |
|
|
15,432 |
|
|
15,262 |
| Total stock-based compensation expenses |
|
$ |
4,836
|
|
$ |
7,597 |
|
$ |
24,160 |
|
$ |
21,411 |
|
| Summary of Stock Options Activity |
|
|
|
|
Weighted Average |
|
|
Number of Options |
|
Exercise Price |
| Options outstanding as of January 1, 2015 |
|
1,719,241 |
|
$ |
43.89 |
| Granted |
|
736,474 |
|
|
35.58 |
| Exercised |
|
(125,193 |
) |
|
18.79 |
| Forfeited |
|
(69,192 |
) |
|
72.20 |
| Options outstanding as of September 30, 2015 |
|
2,261,330 |
|
$
|
41.71 |
| Options exercisable as of September 30, 2015 |
|
1,039,934 |
|
$
|
31.00 |
|
| Summary of RSUs activity |
|
|
|
|
Weighted Average |
|
|
Number of RSUs |
|
Grant Date Fair Value |
| Unvested RSUs outstanding as of January 1, 2015 |
|
667,498 |
|
$ |
94.19 |
| Granted |
|
158,861 |
|
|
48.13 |
| Forfeited |
|
(123,858
|
) |
|
92.11 |
| Vested |
|
(84,818
|
) |
|
97.37 |
| Unvested RSUs outstanding as of September 30, 2015 |
|
617,683 |
|
$
|
83.95 |
|
| Schedule of Accumulated other comprehensive loss |
|
|
Nine months ended September 30, 2015 |
|
|
|
Net unrealized gain |
|
|
Foreign currency |
|
|
|
|
|
|
|
(loss) on cash flow |
|
|
translation |
|
|
|
|
|
|
|
hedges |
|
|
adjustments |
|
|
Total |
|
|
|
U.S. $ in thousands |
|
| Balance as of January 1, 2015 |
|
$ |
(1,243
|
) |
|
$ |
(2,404 |
) |
|
$ |
(3,647 |
) |
| Other comprehensive loss before |
|
|
|
|
|
|
|
|
|
|
|
|
| reclassifications |
|
|
(411 |
) |
|
|
(6,216 |
) |
|
|
(6,627 |
) |
| Amounts reclassified from accumulated |
|
|
|
|
|
|
|
|
|
|
|
|
| other comprehensive loss |
|
|
1,575 |
|
|
|
- |
|
|
|
1,575 |
|
| Other comprehensive income (loss) |
|
|
1,164 |
|
|
|
(6,216 |
) |
|
|
(5,052 |
) |
| Balance as of September 30, 2015 |
|
$ |
(79 |
) |
|
$ |
(8,620 |
) |
|
$ |
(8,699 |
) |
|
|
|
Nine months ended September 30, 2014 |
|
|
|
Net unrealized gain |
|
|
Foreign currency |
|
|
|
|
|
|
|
|
|
|
|
(loss) on cash flow |
|
|
translation |
|
|
|
|
|
|
|
|
|
|
|
hedges |
|
|
adjustments |
|
|
Other |
|
|
Total |
|
|
|
U.S. $ in thousands |
|
| Balance as of January 1, 2014 |
|
$ |
153 |
|
|
$ |
1,922 |
|
|
$ |
(167 |
) |
|
$ |
1,908 |
|
| Other comprehensive loss before |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| reclassifications |
|
|
(1,037 |
) |
|
|
(2,325 |
) |
|
|
- |
|
|
|
(3,362 |
) |
| Amounts reclassified from accumulated |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| other comprehensive income (loss) |
|
|
(68 |
) |
|
|
- |
|
|
|
167 |
|
|
|
99 |
|
| Other comprehensive income (loss) |
|
|
(1,105 |
) |
|
|
(2,325 |
) |
|
|
167 |
|
|
|
(3,263 |
) |
| Balance as of September 30, 2014 |
|
$
|
(952 |
) |
|
$ |
(403 |
) |
|
$ |
- |
|
|
$ |
(1,355 |
) |
|