|
Stock Options (Tables)
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12 Months Ended |
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Dec. 31, 2012
|
| Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block] |
A summary of the stock option activity (reflecting historical Stratasys, Inc. stock options with the addition of Objet stock options on the merger date and any subsequent grants by the Company) for the years ended December 31, 2012, 2011 and 2010 is as follows:
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Weighted |
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Number |
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Average |
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of Options |
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Per Share |
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Exercise |
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Outstanding |
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Exercise Price |
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Price |
| Shares under option |
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| at January 1, 2010 |
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1,519,628 |
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$ |
8.27 |
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- |
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$ |
26.15 |
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$ |
14.08 |
| |
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| Granted in 2010 |
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305,000 |
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18.26 |
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- |
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33.06 |
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18.50 |
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| Exercised in 2010 |
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(456,200 |
) |
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9.30 |
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- |
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26.15 |
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13.97 |
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| Forfeited in 2010 |
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(46,900 |
) |
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9.30 |
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- |
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23.04 |
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14.68 |
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| Repurchased in 2010 |
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(138,878 |
) |
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9.30 |
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- |
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26.15 |
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14.04 |
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| Shares under option |
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| at December 31, 2010 |
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1,182,650 |
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8.27 |
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- |
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33.06 |
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15.16 |
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| Granted in 2011 |
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325,000 |
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21.08 |
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- |
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25.95 |
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25.42 |
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| Exercised in 2011 |
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(423,783 |
) |
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8.27 |
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- |
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24.65 |
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14.61 |
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| Expired in 2011 |
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(3,000 |
) |
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12.49 |
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- |
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12.49 |
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12.49 |
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| Forfeited in 2011 |
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(43,600 |
) |
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9.30 |
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- |
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25.50 |
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16.08 |
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| Shares under option |
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| at December 31, 2011 |
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1,037,267 |
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9.30 |
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- |
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33.06 |
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18.59 |
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| Granted in 2012 |
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336,750 |
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46.87 |
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- |
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46.87 |
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46.87 |
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| Objet options from merger in 2012 |
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3,286,909 |
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2.21 |
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- |
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15.64 |
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6.10 |
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| Exercised in 2012 |
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(1,322,047 |
) |
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2.21 |
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- |
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33.06 |
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11.50 |
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| Forfeited in 2012 |
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(22,962 |
) |
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9.30 |
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- |
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46.87 |
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31.05 |
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| Shares under option |
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| at December 31, 2012 |
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3,315,917 |
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$ |
2.21 |
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- |
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$ |
46.87 |
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$ |
11.8 |
|
| Schedule of Stock Options Exercisable [Table Text Block] |
A summary of stock options exercisable at December 31, 2012, 2011 and 2010 is as follows:
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Weighted |
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Number |
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Average |
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of |
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Per Share |
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Exercise |
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Shares |
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Exercise Price |
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Price |
| Options exercisable at |
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| December 31, 2012 |
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2,281,298 |
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$ |
2.21 |
|
- |
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$ |
46.87 |
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$ |
7.32 |
| |
| Options exercisable at |
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| December 31, 2011 |
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210,520 |
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$ |
9.30 |
|
- |
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$ |
26.15 |
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$ |
16.44 |
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| Options exercisable at |
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| December 31, 2010 |
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441,850 |
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$ |
8.27 |
|
- |
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$ |
26.15 |
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$ |
14.95 |
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| Summary Information About Stock Options Outstanding [Table Text Block] |
The following table summarizes information about stock options outstanding at December 31, 2012:
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Options Outstanding |
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Options Exercisable |
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Number |
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Weighted- |
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Number |
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Outstanding |
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Average |
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Weighted- |
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Exercisable |
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Weighted- |
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at |
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Remaining |
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Average |
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at |
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Average |
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Exercise |
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December 31, |
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Contractual |
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Exercise |
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December 31, |
|
Exercise |
| Prices |
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|
2012 |
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Life in
Years |
|
Price |
|
2012 |
|
Price |
| |
$2.21 - $6.52 |
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1,723,945 |
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5.0 |
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$ |
3.49 |
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1,621,794 |
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$ |
3.30 |
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7.82 - 13.22 |
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537,478 |
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4.3 |
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8.50 |
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293,745 |
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9.07 |
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15.64 - 18.78 |
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555,486 |
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4.6 |
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16.10 |
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163,401 |
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17.19 |
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23.04 - 46.87 |
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499,008 |
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5.0 |
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39.53 |
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202,358 |
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29.01 |
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3,315,917 |
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11.84 |
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2,281,298 |
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7.32 |
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| Aggregate |
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| intrinsic value |
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$ |
226,509,751 |
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$ |
166,143,813 |
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|
| Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block] |
Stock-based compensation expenses included in the Company’s Statements of Operations were:
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2012 |
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2011 |
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2010 |
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Cost of sales |
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$ |
603 |
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$ |
- |
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$ |
- |
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Research and development, net |
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960 |
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Selling, general and administrative |
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7,311 |
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1,587 |
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|
1,242 |
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Total stock-based compensation expenses |
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$ |
8,874 |
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$ |
1,587 |
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$ |
1,242 |
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|
Stock Options [Member]
|
|
| Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block] |
The following assumptions were applied in determining the compensation cost:
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2012 |
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2011 |
|
2010 |
| Risk-free interest rate |
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0.8% |
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0.9% - 1.5% |
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2.3% |
| Expected option term |
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4.5 years |
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|
4.5 years |
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|
4.5 years |
| Expected price volitility |
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62% |
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|
55% |
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|
39% |
| Dividend yield |
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|
-
|
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|
- |
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|
- |
| Weighted average grant date fair value |
|
$ |
22.36 |
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$ |
10.67 |
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$ |
6.13 |
|