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6-K Filing

STRATASYS LTD. CIK: 1517396 Q1 2014
Filing Information
Form Type 6-K
Accession Number 0001206774-14-001588
Period End Date 20140331
Filing Date 20140509
Fiscal Year 2014
Fiscal Period Q1
XBRL Instance ssys-20140331.xml
Filing Contents

This filing contains the following financial statements:

Balance Sheet 82 line items
Line Item Tag Value Unit Period
Common stock, par value (in NIS per share) CommonStockParOrStatedValuePerShare 0.01 ILS Point-in-time
Common stock, par value (in NIS per share) CommonStockParOrStatedValuePerShare 0.01 ILS Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 180,000.00 shares Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 180,000.00 shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 49,211.00 shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $414.09M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $133.83M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $407.17M USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 49,328.00 shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $65.50M USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 49,328.00 shares Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 49,211.00 shares Point-in-time
Short-term bank deposits ShortTermBankDeposits $200.37M USD Point-in-time
Short-term bank deposits ShortTermBankDeposits $200.37M USD Point-in-time
Accounts receivable, net AccountsReceivableNet $99.20M USD Point-in-time
Accounts receivable, net AccountsReceivableNet $106.04M USD Point-in-time
Inventories InventoryNet $88.41M USD Point-in-time
Inventories InventoryNet $99.78M USD Point-in-time
Investment in sales-type leases, net CapitalLeasesLessorBalanceSheetNetInvestmentInSalesTypeLeasesCurrent $6.70M USD Point-in-time
Investment in sales-type leases, net CapitalLeasesLessorBalanceSheetNetInvestmentInSalesTypeLeasesCurrent $7.01M USD Point-in-time
Prepaid expenses PrepaidExpenseCurrent $6.44M USD Point-in-time
Prepaid expenses PrepaidExpenseCurrent $5.47M USD Point-in-time
Deferred income taxes DeferredTaxAssetsNetCurrent $16.50M USD Point-in-time
Deferred income taxes DeferredTaxAssetsNetCurrent $19.35M USD Point-in-time
Other current assets OtherAssetsCurrent $25.34M USD Point-in-time
Other current assets OtherAssetsCurrent $21.40M USD Point-in-time
Total current assets AssetsCurrent $852.13M USD Point-in-time
Total current assets AssetsCurrent $871.51M USD Point-in-time
Goodwill Goodwill $1.20B USD Point-in-time
Goodwill Goodwill $1.20B USD Point-in-time
Other intangible assets, net IntangibleAssetsNetExcludingGoodwill $604.81M USD Point-in-time
Other intangible assets, net IntangibleAssetsNetExcludingGoodwill $622.33M USD Point-in-time
Investment in sales-type leases CapitalLeasesLessorBalanceSheetNetInvestmentInSalesTypeLeasesNoncurrent $11.22M USD Point-in-time
Investment in sales-type leases CapitalLeasesLessorBalanceSheetNetInvestmentInSalesTypeLeasesNoncurrent $11.80M USD Point-in-time
Amounts funded in respect of employees rights upon retirement DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent $3.17M USD Point-in-time
Amounts funded in respect of employees rights upon retirement DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent $3.28M USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $91.00M USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $99.15M USD Point-in-time
Other non-current assets OtherAssetsNoncurrent $6.48M USD Point-in-time
Other non-current assets OtherAssetsNoncurrent $4.81M USD Point-in-time
Total non-current assets AssetsNoncurrent $1.93B USD Point-in-time
Total non-current assets AssetsNoncurrent $1.92B USD Point-in-time
Total assets Assets $2.79B USD Point-in-time
Total assets Assets $2.78B USD Point-in-time
Accounts payable AccountsPayableCurrent $35.38M USD Point-in-time
Accounts payable AccountsPayableCurrent $35.06M USD Point-in-time
Accrued expenses and other current liabilities OtherLiabilitiesCurrent $32.85M USD Point-in-time
Accrued expenses and other current liabilities OtherLiabilitiesCurrent $34.35M USD Point-in-time
Accrued compensation and related benefits AccruedEmployeeBenefitsCurrent $21.44M USD Point-in-time
Accrued compensation and related benefits AccruedEmployeeBenefitsCurrent $28.33M USD Point-in-time
Earn-out obligation EarnOutObligationCurrent $12.03M USD Point-in-time
Earn-out obligation EarnOutObligationCurrent $21.53M USD Point-in-time
Unearned revenues DeferredRevenueCurrent $36.03M USD Point-in-time
Unearned revenues DeferredRevenueCurrent $39.46M USD Point-in-time
Total current liabilities LiabilitiesCurrent $137.72M USD Point-in-time
Total current liabilities LiabilitiesCurrent $158.72M USD Point-in-time
Employee rights upon retirement EmployeeRightsUponTerminationNoncurrent $4.81M USD Point-in-time
Employee rights upon retirement EmployeeRightsUponTerminationNoncurrent $4.68M USD Point-in-time
Earn-out obligation - long term EarnOutObligationNoncurrent $17.00M USD Point-in-time
Earn-out obligation - long term EarnOutObligationNoncurrent - USD Point-in-time
Deferred tax liabilities DeferredTaxLiabilitiesNoncurrent $105.90M USD Point-in-time
Deferred tax liabilities DeferredTaxLiabilitiesNoncurrent $102.46M USD Point-in-time
Unearned revenues - long term DeferredRevenueNoncurrent $3.22M USD Point-in-time
Unearned revenues - long term DeferredRevenueNoncurrent $3.31M USD Point-in-time
Other non-current liabilities OtherLiabilitiesNoncurrent $13.81M USD Point-in-time
Other non-current liabilities OtherLiabilitiesNoncurrent $10.84M USD Point-in-time
Total liabilities Liabilities $280.05M USD Point-in-time
Total liabilities Liabilities $282.43M USD Point-in-time
Contingencies, see note 9 CommitmentsAndContingencies - USD Point-in-time
Contingencies, see note 9 CommitmentsAndContingencies - USD Point-in-time
Ordinary shares, NIS 0.01 nominal value, authorized 180,000 shares; 49,328 and 49,211 shares issued and outstanding at March 31, 2014 and December 31, 2013, respectively CommonStockValue $133.00K USD Point-in-time
Ordinary shares, NIS 0.01 nominal value, authorized 180,000 shares; 49,328 and 49,211 shares issued and outstanding at March 31, 2014 and December 31, 2013, respectively CommonStockValue $133.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $2.41B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $2.42B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $85.55M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $89.64M USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $1.91M USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $1.55M USD Point-in-time
Total equity StockholdersEquity $2.50B USD Point-in-time
Total equity StockholdersEquity $2.51B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $2.78B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $2.79B USD Point-in-time
Income Statement 60 line items
Line Item Tag Value Unit Period
Products SalesRevenueGoodsNet $129.25M USD 1 Quarter
Products SalesRevenueGoodsNet $81.81M USD 1 Quarter
Services SalesRevenueServicesNet $21.69M USD 1 Quarter
Services SalesRevenueServicesNet $15.40M USD 1 Quarter
Revenue, Net SalesRevenueNet $97.21M USD 1 Quarter
Revenue, Net SalesRevenueNet $150.94M USD 1 Quarter
Products CostOfGoodsSold $49.04M USD 1 Quarter
Products CostOfGoodsSold $61.02M USD 1 Quarter
Services CostOfServices $10.79M USD 1 Quarter
Services CostOfServices $12.19M USD 1 Quarter
Total cost of sales CostOfGoodsAndServicesSold $59.83M USD 1 Quarter
Total cost of sales CostOfGoodsAndServicesSold $73.21M USD 1 Quarter
Gross profit GrossProfit $37.37M USD 1 Quarter
Gross profit GrossProfit $77.73M USD 1 Quarter
Research and development, net ResearchAndDevelopmentExpense $16.77M USD 1 Quarter
Research and development, net ResearchAndDevelopmentExpense $10.79M USD 1 Quarter
Selling, general and administrative SellingAndMarketingExpense $67.62M USD 1 Quarter
Selling, general and administrative SellingAndMarketingExpense $43.33M USD 1 Quarter
Change in fair value of earn-out obligations BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1 $-7.50M USD 1 Quarter
Change in fair value of earn-out obligations BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1 - USD 1 Quarter
Total operating expenses OperatingExpenses $54.11M USD 1 Quarter
Total operating expenses OperatingExpenses $76.89M USD 1 Quarter
Operating income (loss) OperatingIncomeLoss $835.00K USD 1 Quarter
Operating income (loss) OperatingIncomeLoss $-16.74M USD 1 Quarter
Other income (expense) NonoperatingIncomeExpense $-1.34M USD 1 Quarter
Other income (expense) NonoperatingIncomeExpense $514.00K USD 1 Quarter
Loss before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $-16.23M USD 1 Quarter
Loss before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $-501.00K USD 1 Quarter
Income taxes IncomeTaxExpenseBenefit $-4.59M USD 1 Quarter
Income taxes IncomeTaxExpenseBenefit $-743.00K USD 1 Quarter
Net income (loss) ProfitLoss $4.09M USD 1 Quarter
Net income (loss) ProfitLoss $-15.48M USD 1 Quarter
Net income (loss) attributable to non-controlling interest NetIncomeLossAttributableToNoncontrollingInterest $53.00K USD 1 Quarter
Net income (loss) attributable to non-controlling interest NetIncomeLossAttributableToNoncontrollingInterest - USD 1 Quarter
Net income (loss) attributable to Stratasys Ltd. NetIncomeLoss $4.09M USD 1 Quarter
Net income (loss) attributable to Stratasys Ltd. NetIncomeLoss $-15.54M USD 1 Quarter
Basic EarningsPerShareBasic $-0.40 USD 1 Quarter
Basic EarningsPerShareBasic $0.08 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.08 USD 1 Quarter
Diluted EarningsPerShareDiluted $-0.40 USD 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 49,273.00 shares 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 38,494.00 shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 38,494.00 shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 51,240.00 shares 1 Quarter
Net income (loss) ProfitLoss $4.09M USD 1 Quarter
Net income (loss) ProfitLoss $-15.48M USD 1 Quarter
Losses on securities reclassified into earnings OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesNetOfTax $168.00K USD 1 Quarter
Losses on securities reclassified into earnings OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesNetOfTax - USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent $-398.00K USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent $-368.00K USD 1 Quarter
Fair value adjustments on derivatives designated as cash flow hedges OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax - USD 1 Quarter
Fair value adjustments on derivatives designated as cash flow hedges OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $-129.00K USD 1 Quarter
Other comprehensive loss, net of tax OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-359.00K USD 1 Quarter
Other comprehensive loss, net of tax OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-368.00K USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $3.73M USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-15.85M USD 1 Quarter
Less: comprehensive income (loss) attributable to non-controlling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $115.00K USD 1 Quarter
Less: comprehensive income (loss) attributable to non-controlling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest - USD 1 Quarter
Comprehensive income (loss) attributable to Stratasys Ltd. ComprehensiveIncomeNetOfTax $3.73M USD 1 Quarter
Comprehensive income (loss) attributable to Stratasys Ltd. ComprehensiveIncomeNetOfTax $-15.97M USD 1 Quarter
Cash Flow Statement 68 line items
Line Item Tag Value Unit Period
Net income (loss) ProfitLoss $4.09M USD 1 Quarter
Net income (loss) ProfitLoss $-15.48M USD 1 Quarter
Depreciation and amortization DepreciationAmortizationAndAccretionNet $23.37M USD 1 Quarter
Depreciation and amortization DepreciationAmortizationAndAccretionNet $29.33M USD 1 Quarter
Stock-based compensation ShareBasedCompensation $6.74M USD 1 Quarter
Stock-based compensation ShareBasedCompensation $5.49M USD 1 Quarter
Deferred income taxes IncreaseDecreaseInDeferredIncomeTaxes $3.88M USD 1 Quarter
Deferred income taxes IncreaseDecreaseInDeferredIncomeTaxes $5.87M USD 1 Quarter
Excess tax benefit from stock options ProceedsAndExcessTaxBenefitFromSharebasedCompensation $-238.00K USD 1 Quarter
Excess tax benefit from stock options ProceedsAndExcessTaxBenefitFromSharebasedCompensation $-986.00K USD 1 Quarter
Change in fair value of earn-out obligations ChangeInFairValueOfEarnOutObligations $-7.50M USD 1 Quarter
Change in fair value of earn-out obligations ChangeInFairValueOfEarnOutObligations - USD 1 Quarter
Other non-cash items OtherNoncashIncomeExpense $-22.00K USD 1 Quarter
Other non-cash items OtherNoncashIncomeExpense $79.00K USD 1 Quarter
Accounts receivable, net IncreaseDecreaseInAccountsReceivable $9.72M USD 1 Quarter
Accounts receivable, net IncreaseDecreaseInAccountsReceivable $10.42M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $13.22M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $7.15M USD 1 Quarter
Net investment in sales-type leases IncreaseDecreaseInNetInvestmentInSalesTypeLeases $67.00K USD 1 Quarter
Net investment in sales-type leases IncreaseDecreaseInNetInvestmentInSalesTypeLeases $891.00K USD 1 Quarter
Prepaid expenses IncreaseDecreaseInPrepaidExpense $1.10M USD 1 Quarter
Prepaid expenses IncreaseDecreaseInPrepaidExpense $-1.18M USD 1 Quarter
Other non-current assets IncreaseDecreaseInOtherNoncurrentAssets $379.00K USD 1 Quarter
Other non-current assets IncreaseDecreaseInOtherNoncurrentAssets $543.00K USD 1 Quarter
Accounts payable and other current liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-13.77M USD 1 Quarter
Accounts payable and other current liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $10.12M USD 1 Quarter
Unearned revenues IncreaseDecreaseInDeferredRevenue $3.00M USD 1 Quarter
Unearned revenues IncreaseDecreaseInDeferredRevenue $3.05M USD 1 Quarter
Other non-current liabilities IncreaseDecreaseInOtherNoncurrentLiabilities $428.00K USD 1 Quarter
Other non-current liabilities IncreaseDecreaseInOtherNoncurrentLiabilities $-2.91M USD 1 Quarter
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $-12.25M USD 1 Quarter
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $4.86M USD 1 Quarter
Change in short-term bank deposits, net IncreaseDecreaseInDeposits $-55.31M USD 1 Quarter
Change in short-term bank deposits, net IncreaseDecreaseInDeposits - USD 1 Quarter
Purchase of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $5.05M USD 1 Quarter
Purchase of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $10.87M USD 1 Quarter
Acquisition of intangible and other assets PaymentsToAcquireIntangibleAssets $1.71M USD 1 Quarter
Acquisition of intangible and other assets PaymentsToAcquireIntangibleAssets $252.00K USD 1 Quarter
Proceeds from the sale of investment ProceedsFromSaleOfAvailableForSaleSecurities - USD 1 Quarter
Proceeds from the sale of investment ProceedsFromSaleOfAvailableForSaleSecurities $1.63M USD 1 Quarter
Other investing activities PaymentsForProceedsFromOtherInvestingActivities $-12.00K USD 1 Quarter
Other investing activities PaymentsForProceedsFromOtherInvestingActivities $-41.00K USD 1 Quarter
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-10.90M USD 1 Quarter
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-60.59M USD 1 Quarter
Acquisition of non controlling interest PaymentsToMinorityShareholders - USD 1 Quarter
Acquisition of non controlling interest PaymentsToMinorityShareholders $2.17M USD 1 Quarter
Proceeds from exercise of stock options ProceedsFromStockOptionsExercised $3.61M USD 1 Quarter
Proceeds from exercise of stock options ProceedsFromStockOptionsExercised $1.04M USD 1 Quarter
Excess tax benefit of options exercised ExcessTaxBenefitFromShareBasedCompensationFinancingActivities $986.00K USD 1 Quarter
Excess tax benefit of options exercised ExcessTaxBenefitFromShareBasedCompensationFinancingActivities $238.00K USD 1 Quarter
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $-893.00K USD 1 Quarter
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $4.59M USD 1 Quarter
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents $16.00K USD 1 Quarter
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents $-69.00K USD 1 Quarter
Net change in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-6.92M USD 1 Quarter
Net change in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-68.32M USD 1 Quarter
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $414.09M USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $133.83M USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $407.17M USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $65.50M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $414.09M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $133.83M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $407.17M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $65.50M USD Point-in-time
Transfer of fixed assets to inventory TransferOfFixedAssetsToInventory $-60.00K USD 1 Quarter
Transfer of fixed assets to inventory TransferOfFixedAssetsToInventory $-83.00K USD 1 Quarter
Transfer of inventory to fixed assets TransferOfInventoryToFixedAssets $-1.64M 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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