Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 Amendments

Consolidated Statements of Operations and Comprehensive Loss

v3.19.3
Consolidated Statements of Operations and Comprehensive Loss - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Net sales        
Total net sales $ 157,460 $ 162,049 $ 475,923 $ 486,118
Cost of sales        
Total cost of sales 80,051 83,121 240,890 247,893
Gross profit 77,409 78,928 235,033 238,225
Operating expenses        
Research and development, net 23,620 25,786 70,234 74,585
Selling, general and administrative 59,741 49,792 173,217 168,684
Total operating expenses 83,361 75,578 243,451 243,269
Operating income (loss) (5,952) 3,350 (8,418) (5,044)
Financial income (expense), net 289 (39) 2,796 (114)
Income (loss) before income taxes (5,663) 3,311 (5,622) (5,158)
Income tax expenses 586 304 3,084 1,110
Share in profit (losses) of associated companies (733) (3,752) 495 (11,185)
Net loss (6,982) (745) (8,211) (17,453)
Net loss attributable to non-controlling interests (41) (66) (152) (182)
Net loss attributable to Stratasys Ltd. $ (6,941) $ (679) $ (8,059) $ (17,271)
Net loss per ordinary share attributable to Stratasys Ltd. - basic and diluted $ (0.13) $ (0.01) $ (0.15) $ (0.34)
Weighted average ordinary shares outstanding. - basic and diluted 54,394 53,769 54,201 53,716
Comprehensive loss        
Net loss $ (6,982) $ (745) $ (8,211) $ (17,453)
Other comprehensive income (loss), net of tax:        
Foreign currency translation adjustments (954) (234) (1,398) (1,445)
Unrealized gains (losses) on derivatives designated as cash flow hedges 34 522 1,184 (347)
Other comprehensive income (loss), net of tax (920) 288 (214) (1,792)
Comprehensive loss (7,902) (457) (8,425) (19,245)
Less: comprehensive loss attributable to non-controlling interests (41) (66) (152) (182)
Comprehensive loss attributable to Stratasys Ltd. (7,861) (391) (8,273) (19,063)
Products [Member]        
Net sales        
Total net sales 106,346 109,647 321,778 331,967
Cost of sales        
Total cost of sales 44,341 48,640 135,605 147,120
Services [Member]        
Net sales        
Total net sales 51,114 52,402 154,145 154,151
Cost of sales        
Total cost of sales $ 35,710 $ 34,481 $ 105,285 $ 100,773