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6-K Filing

STRATASYS LTD. CIK: 1517396 Q1 2013
Filing Information
Form Type 6-K
Accession Number 0001206774-13-001811
Period End Date 20130331
Filing Date 20130513
Fiscal Year 2013
Fiscal Period Q1
XBRL Instance ssys-20130331.xml
Filing Contents

This filing contains the following financial statements:

Balance Sheet 86 line items
Line Item Tag Value Unit Period
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare 0.01 ILS Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare 0.01 ILS Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 60.00M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $24.43M USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 60.00M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $65.50M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $20.09M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $133.83M USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 38.67M shares Point-in-time
Short-term bank deposits ShortTermBankDeposits $20.06M USD Point-in-time
Short-term bank deposits ShortTermBankDeposits $75.37M USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 38.37M shares Point-in-time
Restricted deposits RestrictedCashAndCashEquivalentsAtCarryingValue $929.00K USD Point-in-time
Restricted deposits RestrictedCashAndCashEquivalentsAtCarryingValue $820.00K USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 38.37M shares Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 38.67M shares Point-in-time
Trade, net TradeAccountsReceivableCurrent $72.38M USD Point-in-time
Trade, net TradeAccountsReceivableCurrent $64.68M USD Point-in-time
Other OtherAccountsReceivableCurrent $22.93M USD Point-in-time
Other OtherAccountsReceivableCurrent $20.98M USD Point-in-time
Inventories InventoryNet $66.39M USD Point-in-time
Inventories InventoryNet $68.00M USD Point-in-time
Net investment in sales-type leases, net CapitalLeasesLessorBalanceSheetNetInvestmentInSalesTypeLeasesCurrent $5.08M USD Point-in-time
Net investment in sales-type leases, net CapitalLeasesLessorBalanceSheetNetInvestmentInSalesTypeLeasesCurrent $5.13M USD Point-in-time
Prepaid expenses PrepaidExpenseCurrent $2.75M USD Point-in-time
Prepaid expenses PrepaidExpenseCurrent $2.89M USD Point-in-time
Deferred income taxes DeferredTaxAssetsNetCurrent $7.78M USD Point-in-time
Deferred income taxes DeferredTaxAssetsNetCurrent $4.97M USD Point-in-time
Total current assets AssetsCurrent $317.20M USD Point-in-time
Total current assets AssetsCurrent $323.28M USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $62.07M USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $63.84M USD Point-in-time
Goodwill Goodwill $822.45M USD Point-in-time
Goodwill Goodwill $822.48M USD Point-in-time
Other intangible assets, net IntangibleAssetsNetExcludingGoodwill $497.51M USD Point-in-time
Other intangible assets, net IntangibleAssetsNetExcludingGoodwill $510.37M USD Point-in-time
Net investment in sales-type leases CapitalLeasesLessorBalanceSheetNetInvestmentInSalesTypeLeasesNoncurrent $7.87M USD Point-in-time
Net investment in sales-type leases CapitalLeasesLessorBalanceSheetNetInvestmentInSalesTypeLeasesNoncurrent $7.99M USD Point-in-time
Long-term investments - available for sale HeldToMaturitySecuritiesNoncurrent $1.63M USD Point-in-time
Long-term investments - available for sale HeldToMaturitySecuritiesNoncurrent $1.63M USD Point-in-time
Amounts funded in respect of employees rights upon retirement DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent $2.74M USD Point-in-time
Amounts funded in respect of employees rights upon retirement DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent $2.63M USD Point-in-time
Other non-current assets OtherAssetsNoncurrent $1.18M USD Point-in-time
Other non-current assets OtherAssetsNoncurrent $1.73M USD Point-in-time
Total other assets AssetsNoncurrent $1.33B USD Point-in-time
Total other assets AssetsNoncurrent $1.35B USD Point-in-time
Total assets Assets $1.72B USD Point-in-time
Total assets Assets $1.73B USD Point-in-time
Accounts payable AccountsPayableCurrent $35.23M USD Point-in-time
Accounts payable AccountsPayableCurrent $24.59M USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $36.96M USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $40.18M USD Point-in-time
Deferred tax liabilities DeferredTaxLiabilitiesCurrent $945.00K USD Point-in-time
Deferred tax liabilities DeferredTaxLiabilitiesCurrent $137.00K USD Point-in-time
Unearned revenues DeferredRevenueCurrent $18.07M USD Point-in-time
Unearned revenues DeferredRevenueCurrent $21.96M USD Point-in-time
Total current liabilities LiabilitiesCurrent $94.43M USD Point-in-time
Total current liabilities LiabilitiesCurrent $83.65M USD Point-in-time
Employee rights upon retirement EmployeeRightsUponTerminationNoncurrent $4.19M USD Point-in-time
Employee rights upon retirement EmployeeRightsUponTerminationNoncurrent $4.24M USD Point-in-time
Deferred tax liabilities DeferredTaxLiabilitiesNoncurrent $54.44M USD Point-in-time
Deferred tax liabilities DeferredTaxLiabilitiesNoncurrent $54.69M USD Point-in-time
Unearned revenues - long-term DeferredRevenueNoncurrent $3.14M USD Point-in-time
Unearned revenues - long-term DeferredRevenueNoncurrent $3.18M USD Point-in-time
Other non-current liabilities OtherLiabilitiesNoncurrent $2.87M USD Point-in-time
Other non-current liabilities OtherLiabilitiesNoncurrent $3.18M USD Point-in-time
Total liabilities Liabilities $159.36M USD Point-in-time
Total liabilities Liabilities $148.64M USD Point-in-time
Commitments and contingencies, see note 10 CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies, see note 10 CommitmentsAndContingencies - USD Point-in-time
Ordinary shares, NIS 0.01 nominal value, authorized 60,000 shares; 38,669 and 38,372 shares issued and outstanding at March 31, 2013 and December 31, 2012, respectively CommonStockValue $101.00K USD Point-in-time
Ordinary shares, NIS 0.01 nominal value, authorized 60,000 shares; 38,669 and 38,372 shares issued and outstanding at March 31, 2013 and December 31, 2012, respectively CommonStockValue $101.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $1.46B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $1.47B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $112.50M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $96.97M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-238.00K USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-606.00K USD Point-in-time
Equity attributable to Stratasys Ltd. StockholdersEquity $1.57B USD Point-in-time
Equity attributable to Stratasys Ltd. StockholdersEquity $1.57B USD Point-in-time
Non-controlling interest MinorityInterest $611.00K USD Point-in-time
Non-controlling interest MinorityInterest $496.00K USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.57B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.57B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $1.73B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $1.72B USD Point-in-time
Income Statement 56 line items
Line Item Tag Value Unit Period
Products SalesRevenueGoodsNet $81.81M USD 1 Quarter
Products SalesRevenueGoodsNet $37.55M USD 1 Quarter
Services SalesRevenueServicesNet $15.40M USD 1 Quarter
Services SalesRevenueServicesNet $7.42M USD 1 Quarter
Revenue, Net SalesRevenueNet $97.21M USD 1 Quarter
Revenue, Net SalesRevenueNet $44.96M USD 1 Quarter
Products CostOfGoodsSold $17.81M USD 1 Quarter
Products CostOfGoodsSold $49.04M USD 1 Quarter
Services CostOfServices $4.20M USD 1 Quarter
Services CostOfServices $10.79M USD 1 Quarter
Cost of Goods and Services Sold, Total CostOfGoodsAndServicesSold $22.01M USD 1 Quarter
Cost of Goods and Services Sold, Total CostOfGoodsAndServicesSold $59.83M USD 1 Quarter
Gross profit GrossProfit $37.37M USD 1 Quarter
Gross profit GrossProfit $22.95M USD 1 Quarter
Research and development, net ResearchAndDevelopmentExpense $4.35M USD 1 Quarter
Research and development, net ResearchAndDevelopmentExpense $10.79M USD 1 Quarter
Selling, general and administrative SellingAndMarketingExpense $43.33M USD 1 Quarter
Selling, general and administrative SellingAndMarketingExpense $11.38M USD 1 Quarter
Operating Expenses, Total OperatingExpenses $15.73M USD 1 Quarter
Operating Expenses, Total OperatingExpenses $54.11M USD 1 Quarter
Operating income (loss) OperatingIncomeLoss $7.23M USD 1 Quarter
Operating income (loss) OperatingIncomeLoss $-16.74M USD 1 Quarter
Other income NonoperatingIncomeExpense $296.00K USD 1 Quarter
Other income NonoperatingIncomeExpense $514.00K USD 1 Quarter
Income (loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $-16.23M USD 1 Quarter
Income (loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $7.52M USD 1 Quarter
Income taxes (benefit) IncomeTaxExpenseBenefit $3.00M USD 1 Quarter
Income taxes (benefit) IncomeTaxExpenseBenefit $-743.00K USD 1 Quarter
Net income (loss) ProfitLoss $4.52M USD 1 Quarter
Net income (loss) ProfitLoss $-15.48M USD 1 Quarter
Net income attributable to non-controlling interest NetIncomeLossAttributableToNoncontrollingInterest - USD 1 Quarter
Net income attributable to non-controlling interest NetIncomeLossAttributableToNoncontrollingInterest $53.00K USD 1 Quarter
Net income (loss) attributable to Stratasys Ltd. NetIncomeLoss $-15.54M USD 1 Quarter
Net income (loss) attributable to Stratasys Ltd. NetIncomeLoss $4.52M USD 1 Quarter
Basic (in dollars per shares) EarningsPerShareBasic $0.21 USD 1 Quarter
Basic (in dollars per shares) EarningsPerShareBasic $-0.40 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $-0.40 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $0.21 USD 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 21.27M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 38.49M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 21.80M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 38.49M shares 1 Quarter
Net income (loss) ProfitLoss $4.52M USD 1 Quarter
Net income (loss) ProfitLoss $-15.48M USD 1 Quarter
Unrealized gain (loss) on securities, net of tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax - USD 1 Quarter
Unrealized gain (loss) on securities, net of tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax - USD 1 Quarter
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax $368.00K USD 1 Quarter
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax $-112.00K USD 1 Quarter
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $-368.00K USD 1 Quarter
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $112.00K USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $4.63M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-15.85M USD 1 Quarter
Less: comprehensive income attributable to non-controlling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $115.00K USD 1 Quarter
Less: comprehensive income attributable to non-controlling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest - USD 1 Quarter
Comprehensive income attributable to Stratasys Ltd. ComprehensiveIncomeNetOfTax $4.63M USD 1 Quarter
Comprehensive income attributable to Stratasys Ltd. ComprehensiveIncomeNetOfTax $-15.97M USD 1 Quarter
Cash Flow Statement 75 line items
Line Item Tag Value Unit Period
Net income (loss) ProfitLoss $4.52M USD 1 Quarter
Net income (loss) ProfitLoss $-15.48M USD 1 Quarter
Depreciation Depreciation $3.71M USD 1 Quarter
Depreciation Depreciation $1.53M USD 1 Quarter
Amortization AdjustmentForAmortization $1.12M USD 1 Quarter
Amortization AdjustmentForAmortization $25.62M USD 1 Quarter
Deferred income taxes IncreaseDecreaseInDeferredIncomeTaxes - USD 1 Quarter
Deferred income taxes IncreaseDecreaseInDeferredIncomeTaxes $3.88M USD 1 Quarter
Stock-based compensation ShareBasedCompensation $5.49M USD 1 Quarter
Stock-based compensation ShareBasedCompensation $481.00K USD 1 Quarter
Excess tax benefit from stock options ExcessTaxBenefitFromShareBasedCompensationOperatingActivities $191.00K USD 1 Quarter
Excess tax benefit from stock options ExcessTaxBenefitFromShareBasedCompensationOperatingActivities $986.00K USD 1 Quarter
Loss on amounts funded in respect of employee rights upon termination GainLossOnAmountsFundedInRespectOfEmployeeRights $79.00K USD 1 Quarter
Loss on amounts funded in respect of employee rights upon termination GainLossOnAmountsFundedInRespectOfEmployeeRights - USD 1 Quarter
Accounts receivable, net IncreaseDecreaseInAccountsReceivable $9.72M USD 1 Quarter
Accounts receivable, net IncreaseDecreaseInAccountsReceivable $1.92M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $-247.00K USD 1 Quarter
Inventories IncreaseDecreaseInInventories $7.15M USD 1 Quarter
Net investment in sales-type leases IncreaseDecreaseInNetInvestmentInSalesTypeLeases $558.00K USD 1 Quarter
Net investment in sales-type leases IncreaseDecreaseInNetInvestmentInSalesTypeLeases $67.00K USD 1 Quarter
Prepaid expenses IncreaseDecreaseInPrepaidExpense $-1.18M USD 1 Quarter
Prepaid expenses IncreaseDecreaseInPrepaidExpense $-642.00K USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets $33.00K USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets $543.00K USD 1 Quarter
Accounts payable and other current liabilities IncreaseDecreaseInAccountsPayableAndOtherCurrentLiabilities $-13.77M USD 1 Quarter
Accounts payable and other current liabilities IncreaseDecreaseInAccountsPayableAndOtherCurrentLiabilities $227.00K USD 1 Quarter
Non-current liabilities IncreaseDecreaseInOtherNoncurrentLiabilities $320.00K USD 1 Quarter
Non-current liabilities IncreaseDecreaseInOtherNoncurrentLiabilities - USD 1 Quarter
Provision for severance pay, net SeveranceCosts $108.00K USD 1 Quarter
Provision for severance pay, net SeveranceCosts - USD 1 Quarter
Unearned revenues IncreaseDecreaseInDeferredRevenue $811.00K USD 1 Quarter
Unearned revenues IncreaseDecreaseInDeferredRevenue $3.00M USD 1 Quarter
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $6.88M USD 1 Quarter
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $-12.25M USD 1 Quarter
Proceeds from the maturity of investments ProceedsFromSaleOfHeldToMaturitySecurities $1.50M USD 1 Quarter
Proceeds from the maturity of investments ProceedsFromSaleOfHeldToMaturitySecurities - USD 1 Quarter
Proceeds from the sale of investments ProceedsFromSaleOfAvailableForSaleSecurities - USD 1 Quarter
Proceeds from the sale of investments ProceedsFromSaleOfAvailableForSaleSecurities $4.80M USD 1 Quarter
Purchase of investments PaymentsToAcquireInvestments $6.81M USD 1 Quarter
Purchase of short-term bank deposits PaymentsForPurchaseOfShortTermBankDeposits - USD 1 Quarter
Purchase of short-term bank deposits PaymentsForPurchaseOfShortTermBankDeposits $55.31M USD 1 Quarter
Decrease in restricted deposits IncreaseDecreaseInRestrictedCash $-105.00K USD 1 Quarter
Decrease in restricted deposits IncreaseDecreaseInRestrictedCash - USD 1 Quarter
Acquisition of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $2.46M USD 1 Quarter
Acquisition of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $5.05M USD 1 Quarter
Amounts funded in respect of employee rights upon retirement PaymentsForAmountsFundedInRespectOfEmployeeRightsUponRetirement - USD 1 Quarter
Amounts funded in respect of employee rights upon retirement PaymentsForAmountsFundedInRespectOfEmployeeRightsUponRetirement $93.00K USD 1 Quarter
Acquisition of intangible and other assets PaymentForPurchaseOfIntangibleAndOtherAssets $252.00K USD 1 Quarter
Acquisition of intangible and other assets PaymentForPurchaseOfIntangibleAndOtherAssets $706.00K USD 1 Quarter
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-60.59M USD 1 Quarter
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-3.67M USD 1 Quarter
Proceeds from exercise of stock options ProceedsFromStockOptionsExercised $3.61M USD 1 Quarter
Proceeds from exercise of stock options ProceedsFromStockOptionsExercised $815.00K USD 1 Quarter
Excess tax benefit from stock options ExcessTaxBenefitFromShareBasedCompensationFinancingActivities $191.00K USD 1 Quarter
Excess tax benefit from stock options ExcessTaxBenefitFromShareBasedCompensationFinancingActivities $986.00K USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $4.59M USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $1.01M USD 1 Quarter
Effect of exchange rate changes on cash EffectOfExchangeRateOnCashAndCashEquivalents $-69.00K USD 1 Quarter
Effect of exchange rate changes on cash EffectOfExchangeRateOnCashAndCashEquivalents $118.00K USD 1 Quarter
Net increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-68.32M USD 1 Quarter
Net increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $4.34M USD 1 Quarter
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $24.43M USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $65.50M USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $20.09M USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $133.83M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $24.43M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $65.50M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $20.09M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $133.83M USD Point-in-time
Cash paid for taxes IncomeTaxesPaid $-2.39M USD 1 Quarter
Cash paid for taxes IncomeTaxesPaid $-673.00K USD 1 Quarter
Transfer of fixed assets to inventory TransferOfFixedAssetsToInventory $-195.00K USD 1 Quarter
Transfer of fixed assets to inventory TransferOfFixedAssetsToInventory $-83.00K USD 1 Quarter
Transfer of inventory to fixed assets TransferOfInventoryToFixedAssets $-1.10M USD 1 Quarter
Transfer of inventory to fixed assets TransferOfInventoryToFixedAssets $-589.00K USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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