Stratasys Ltd. Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Derivatives and Hedging Activities (Tables)

Derivatives and Hedging Activities (Tables)

12 Months Ended

Dec. 31, 2019

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of balance sheet classification and fair values of derivative instruments

The following table summarizes the consolidated balance sheets classification and fair values of the Company’s derivative instruments:

				Fair Value								Notional Amount
				December 31,				December 31,				December 31,			December 31,
		Balance sheet location		2019				2018				2019			2018
				(U.S. $ in thousands)
Assets derivatives -Foreign exchange contracts, not designated as hedging instruments		Other current assets		$	63			$	374			$	11,001		$	34,695
Assets derivatives -Foreign exchange contracts, designated as cash flow hedge		Other current assets			315				—				25,045			—
Liability derivatives -Foreign exchange contracts, not designated as hedging instruments		Accrued expenses and other current liabilities			(388	)			(196	)			92,929			54,425
Liability derivatives -Foreign exchange contracts, designated as cash flow hedge		Accrued expenses and other current liabilities			(326	)			(628	)			45,262			41,303
				$	(336	)		$	(450	)		$	174,237		$	130,423

Schedule of cash flow hedging instruments location in income statement

		Cost of sales								Research and development, net								Selling, general and administrative								Financial income, net								Other comprehensive income
		December 31,								December 31,								December 31,								December 31,								December 31,
		2019				2018				2019				2018				2019				2018				2019				2018				2019				2018
		(U.S. $ in thousands)
Line items in which effects of hedges are recorded		$	322,388			$	338,013			$	94,253			$	98,964			$	231,138			$	235,107			$	(4,555	)		$	(633	)		$	37			$	(730	)

Foreign exchange contracts designated as hedging instrument			(24	)			12				(382	)			303				(525	)			542				—				—				617				(957	)
Foreign exchange contracts not designated as hedging instrument			—				—				—				—				—				—				(2,868	)			(1,956	)			—				—
		$	322,364			$	338,025			$	93,871			$	99,267			$	230,613			$	235,649			$	(7,423	)		$	(2,589	)		$	654			$	(1,687	)