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)

Property, Plant and Equipment

Property, Plant and Equipment

12 Months Ended

Dec. 31, 2014

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

Note 6. Property, Plant and Equipment

Property, plant and equipment, net consisted of the following

	December 31,			December 31,
	2014			2013
	(U.S. $ in thousands)

Machinery and equipment	$	95,558		$	$ 58,443
Buildings and improvements		53,171			34,820
Computer equipment and software		40,556			31,103
Office equipment, furniture and fixtures		14,559			9,930
Land		11,102			11,121
		214,946			145,417
Accumulated depreciation		(84,228	)		(61,439	)
		130,718			83,978
Capital work-in-progress		26,318			7,027
	$	157,036		$	$ 91,005

Depreciation expenses were $26.2 million, $14.6 million and $7.6 million in the years ended December 31, 2014, 2013 and 2012, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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