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6-K Filing

STRATASYS LTD. CIK: 1517396 Q1 2017
Filing Information
Form Type 6-K
Accession Number 0001206774-17-001627
Period End Date 20170331
Filing Date 20170516
Fiscal Year 2017
Fiscal Period Q1
XBRL Instance ssys-20170331.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 NIS per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Common stock, par value (in NIS per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 180.00M shares Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 180.00M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $213.18M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $297.25M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $280.33M USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 52.64M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 52.73M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $257.59M USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $120.41M USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $115.10M USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 52.73M shares Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 52.64M shares Point-in-time
Inventories InventoryNet $117.52M USD Point-in-time
Inventories InventoryNet $116.02M USD Point-in-time
Net investment in sales-type leases CapitalLeasesLessorBalanceSheetNetInvestmentInSalesTypeLeasesCurrent $11.72M USD Point-in-time
Net investment in sales-type leases CapitalLeasesLessorBalanceSheetNetInvestmentInSalesTypeLeasesCurrent $10.84M USD Point-in-time
Prepaid expenses PrepaidExpenseCurrent $7.57M USD Point-in-time
Prepaid expenses PrepaidExpenseCurrent $6.37M USD Point-in-time
Other current assets OtherAssetsCurrent $15.49M USD Point-in-time
Other current assets OtherAssetsCurrent $19.41M USD Point-in-time
Total current assets AssetsCurrent $564.99M USD Point-in-time
Total current assets AssetsCurrent $553.04M USD Point-in-time
Net investment in sales-type leases - long-term LongTermInvestments $9.65M USD Point-in-time
Net investment in sales-type leases - long-term LongTermInvestments $12.13M USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $206.72M USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $208.41M USD Point-in-time
Goodwill Goodwill $385.81M USD Point-in-time
Goodwill Goodwill $385.63M USD Point-in-time
Other intangible assets, net IntangibleAssetsNetExcludingGoodwill $177.46M USD Point-in-time
Other intangible assets, net IntangibleAssetsNetExcludingGoodwill $169.30M USD Point-in-time
Other non-current assets OtherAssetsNoncurrent $31.63M USD Point-in-time
Other non-current assets OtherAssetsNoncurrent $29.38M USD Point-in-time
Total non-current assets AssetsNoncurrent $813.01M USD Point-in-time
Total non-current assets AssetsNoncurrent $803.11M USD Point-in-time
Total assets Assets $1.37B USD Point-in-time
Total assets Assets $1.37B USD Point-in-time
Accounts payable AccountsPayableCurrent $44.80M USD Point-in-time
Accounts payable AccountsPayableCurrent $40.93M USD Point-in-time
Current portion of long-term debt LongTermDebtCurrent $3.71M USD Point-in-time
Current portion of long-term debt LongTermDebtCurrent $3.71M USD Point-in-time
Accrued expenses and other current liabilities AccountsPayableAndOtherAccruedLiabilitiesCurrent $28.58M USD Point-in-time
Accrued expenses and other current liabilities AccountsPayableAndOtherAccruedLiabilitiesCurrent $32.21M USD Point-in-time
Accrued compensation and related benefits EmployeeRelatedLiabilitiesCurrent $34.19M USD Point-in-time
Accrued compensation and related benefits EmployeeRelatedLiabilitiesCurrent $42.80M USD Point-in-time
Obligations in connection with acquisitions ObligationsInConnectionWithAcquisitionsCurrent $3.62M USD Point-in-time
Obligations in connection with acquisitions ObligationsInConnectionWithAcquisitionsCurrent $4.32M USD Point-in-time
Deferred revenues DeferredRevenueCurrent $49.95M USD Point-in-time
Deferred revenues DeferredRevenueCurrent $50.67M USD Point-in-time
Total current liabilities LiabilitiesCurrent $174.89M USD Point-in-time
Total current liabilities LiabilitiesCurrent $164.61M USD Point-in-time
Long-term debt LongTermDebtNoncurrent $21.36M USD Point-in-time
Long-term debt LongTermDebtNoncurrent $22.29M USD Point-in-time
Deferred tax liabilities DeferredTaxLiabilitiesGrossNoncurrent $5.95M USD Point-in-time
Deferred tax liabilities DeferredTaxLiabilitiesGrossNoncurrent $4.92M USD Point-in-time
Deferred revenues - long-term DeferredRevenueNoncurrent $12.94M USD Point-in-time
Deferred revenues - long-term DeferredRevenueNoncurrent $12.92M USD Point-in-time
Other non-current liabilities OtherLiabilitiesNoncurrent $24.29M USD Point-in-time
Other non-current liabilities OtherLiabilitiesNoncurrent $22.25M USD Point-in-time
Total non-current liabilities LiabilitiesNoncurrent $63.41M USD Point-in-time
Total non-current liabilities LiabilitiesNoncurrent $63.51M USD Point-in-time
Total liabilities Liabilities $238.39M USD Point-in-time
Total liabilities Liabilities $228.02M USD Point-in-time
Contingencies (see note 9) CommitmentsAndContingencies - USD Point-in-time
Contingencies (see note 9) CommitmentsAndContingencies - USD Point-in-time
Redeemable non-controlling interests RedeemableNoncontrollingInterestEquityCarryingAmount $2.03M USD Point-in-time
Redeemable non-controlling interests RedeemableNoncontrollingInterestEquityCarryingAmount $1.94M USD Point-in-time
Ordinary shares, NIS 0.01 nominal value, authorized 180,000 thousands shares; 52,728 thousands shares and 52,639 thousands shares issued and outstanding at March 31, 2017 and December 31, 2016, respectively CommonStockValue $142.00K USD Point-in-time
Ordinary shares, NIS 0.01 nominal value, authorized 180,000 thousands shares; 52,728 thousands shares and 52,639 thousands shares issued and outstanding at March 31, 2017 and December 31, 2016, respectively CommonStockValue $142.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $2.64B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $2.63B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-10.77M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-12.24M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-6.50M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-13.48M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-1.48B USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-1.50B USD Point-in-time
Equity attributable to Stratasys Ltd. StockholdersEquity $1.13B USD Point-in-time
Equity attributable to Stratasys Ltd. StockholdersEquity $1.14B USD Point-in-time
Non-controlling interests MinorityInterest $91.00K USD Point-in-time
Non-controlling interests MinorityInterest $131.00K USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.14B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.13B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $1.37B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $1.37B USD Point-in-time
Income Statement 60 line items
Line Item Tag Value Unit Period
Products SalesRevenueGoodsNet $118.63M USD 1 Quarter
Products SalesRevenueGoodsNet $115.09M USD 1 Quarter
Services SalesRevenueServicesNet $48.08M USD 1 Quarter
Services SalesRevenueServicesNet $49.27M USD 1 Quarter
Total net sales SalesRevenueNet $163.16M USD 1 Quarter
Total net sales SalesRevenueNet $167.91M USD 1 Quarter
Products CostOfGoodsSold $54.48M USD 1 Quarter
Products CostOfGoodsSold $56.94M USD 1 Quarter
Services CostOfServices $29.80M USD 1 Quarter
Services CostOfServices $31.80M USD 1 Quarter
Total cost of sales CostOfGoodsAndServicesSold $86.28M USD 1 Quarter
Total cost of sales CostOfGoodsAndServicesSold $86.74M USD 1 Quarter
Gross profit GrossProfit $76.88M USD 1 Quarter
Gross profit GrossProfit $81.17M USD 1 Quarter
Research and development, net ResearchAndDevelopmentExpense $25.11M USD 1 Quarter
Research and development, net ResearchAndDevelopmentExpense $24.63M USD 1 Quarter
Selling, general and administrative SellingAndMarketingExpense $64.18M USD 1 Quarter
Selling, general and administrative SellingAndMarketingExpense $76.39M USD 1 Quarter
Change in fair value of obligations in connection with acquisitions ChangeInFairValueOfObligationsInConnectionWithAcquisitions $727.00K USD 1 Quarter
Change in fair value of obligations in connection with acquisitions ChangeInFairValueOfObligationsInConnectionWithAcquisitions $696.00K USD 1 Quarter
Total operating expenses OperatingExpenses $102.23M USD 1 Quarter
Total operating expenses OperatingExpenses $89.51M USD 1 Quarter
Operating loss OperatingIncomeLoss $-21.06M USD 1 Quarter
Operating loss OperatingIncomeLoss $-12.63M USD 1 Quarter
Financial income, net NonoperatingIncomeExpense $256.00K USD 1 Quarter
Financial income, net NonoperatingIncomeExpense $180.00K USD 1 Quarter
Loss before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $-12.37M USD 1 Quarter
Loss before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $-20.88M USD 1 Quarter
Income taxes expenses IncomeTaxExpenseBenefit $2.29M USD 1 Quarter
Income taxes expenses IncomeTaxExpenseBenefit $1.33M USD 1 Quarter
Share in loss of associated company IncomeLossFromEquityMethodInvestments $-288.00K USD 1 Quarter
Share in loss of associated company IncomeLossFromEquityMethodInvestments - USD 1 Quarter
Net loss ProfitLoss $-13.99M USD 1 Quarter
Net loss ProfitLoss $-23.17M USD 1 Quarter
Net loss attributable to non-controlling interest NetIncomeLossAttributableToNoncontrollingInterest $-30.00K USD 1 Quarter
Net loss attributable to non-controlling interest NetIncomeLossAttributableToNoncontrollingInterest $-130.00K USD 1 Quarter
Net loss attributable to Stratasys Ltd. NetIncomeLoss $-13.86M USD 1 Quarter
Net loss attributable to Stratasys Ltd. NetIncomeLoss $-23.14M USD 1 Quarter
Basic EarningsPerShareBasic $-0.26 USD 1 Quarter
Basic EarningsPerShareBasic $-0.44 USD 1 Quarter
Diluted EarningsPerShareDiluted $-0.26 USD 1 Quarter
Diluted EarningsPerShareDiluted $-0.44 USD 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 52.69M shares 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 52.10M shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 52.10M shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 52.69M shares 1 Quarter
Net loss ProfitLoss $-13.99M USD 1 Quarter
Net loss ProfitLoss $-23.17M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent $713.00K USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent $3.34M USD 1 Quarter
Unrealized gains on derivatives designated as cash flow hedges OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $523.00K USD 1 Quarter
Unrealized gains on derivatives designated as cash flow hedges OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $931.00K USD 1 Quarter
Other comprehensive income, net of tax OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $1.24M USD 1 Quarter
Other comprehensive income, net of tax OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $4.27M USD 1 Quarter
Comprehensive loss ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-18.90M USD 1 Quarter
Comprehensive loss ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-12.75M USD 1 Quarter
Less: comprehensive loss attributable to non-controlling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-130.00K USD 1 Quarter
Less: comprehensive loss attributable to non-controlling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-30.00K USD 1 Quarter
Comprehensive loss attributable to Stratasys Ltd. ComprehensiveIncomeNetOfTax $-12.62M USD 1 Quarter
Comprehensive loss attributable to Stratasys Ltd. ComprehensiveIncomeNetOfTax $-18.87M USD 1 Quarter
Cash Flow Statement 70 line items
Line Item Tag Value Unit Period
Net loss ProfitLoss $-13.99M USD 1 Quarter
Net loss ProfitLoss $-23.17M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $16.57M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $23.50M USD 1 Quarter
Stock-based compensation ShareBasedCompensation $5.62M USD 1 Quarter
Stock-based compensation ShareBasedCompensation $3.90M USD 1 Quarter
Foreign currency translation loss ForeignCurrencyTransactionGainLossBeforeTax $4.19M USD 1 Quarter
Foreign currency translation loss ForeignCurrencyTransactionGainLossBeforeTax $2.74M USD 1 Quarter
Deferred income taxes IncreaseDecreaseInDeferredIncomeTaxes $889.00K USD 1 Quarter
Deferred income taxes IncreaseDecreaseInDeferredIncomeTaxes $791.00K USD 1 Quarter
Change in fair value of obligations in connection with acquisitions ChangeInFairValueOfObligationsInConnectionWithAcquisitions $727.00K USD 1 Quarter
Change in fair value of obligations in connection with acquisitions ChangeInFairValueOfObligationsInConnectionWithAcquisitions $696.00K USD 1 Quarter
Other items OtherNoncashIncomeExpense $-1.26M USD 1 Quarter
Other items OtherNoncashIncomeExpense $-614.00K USD 1 Quarter
Accounts receivable, net IncreaseDecreaseInAccountsReceivable $-15.56M USD 1 Quarter
Accounts receivable, net IncreaseDecreaseInAccountsReceivable $-6.14M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $-1.03M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $-363.00K USD 1 Quarter
Net investment in sales-type leases IncreaseDecreaseInNetInvestmentInSalesTypeLeases $1.91M USD 1 Quarter
Net investment in sales-type leases IncreaseDecreaseInNetInvestmentInSalesTypeLeases $-3.34M USD 1 Quarter
Other current assets and prepaid expenses IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $597.00K USD 1 Quarter
Other current assets and prepaid expenses IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $-2.09M USD 1 Quarter
Other non-current assets IncreaseDecreaseInOtherOperatingAssets $-287.00K USD 1 Quarter
Other non-current assets IncreaseDecreaseInOtherOperatingAssets $-275.00K USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $3.85M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $-951.00K USD 1 Quarter
Other current liabilities IncreaseDecreaseInOtherCurrentLiabilities $4.04M USD 1 Quarter
Other current liabilities IncreaseDecreaseInOtherCurrentLiabilities $11.66M USD 1 Quarter
Deferred revenues IncreaseDecreaseInDeferredRevenue $333.00K USD 1 Quarter
Deferred revenues IncreaseDecreaseInDeferredRevenue $-79.00K USD 1 Quarter
Other non-current liabilities IncreaseDecreaseInOtherNoncurrentLiabilities $2.04M USD 1 Quarter
Other non-current liabilities IncreaseDecreaseInOtherNoncurrentLiabilities $2.36M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $31.58M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $25.36M USD 1 Quarter
Purchase of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $6.32M USD 1 Quarter
Purchase of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $7.58M USD 1 Quarter
Investment in unconsolidated entities PaymentsToAcquireLongtermInvestments $2.55M USD 1 Quarter
Investment in unconsolidated entities PaymentsToAcquireLongtermInvestments $4.00M USD 1 Quarter
Purchase of intangible assets PaymentsToAcquireIntangibleAssets $245.00K USD 1 Quarter
Purchase of intangible assets PaymentsToAcquireIntangibleAssets $515.00K USD 1 Quarter
Proceeds from maturities of short-term bank deposits ProceedsFromSaleOfShortTermBankDeposits $1.56M USD 1 Quarter
Proceeds from maturities of short-term bank deposits ProceedsFromSaleOfShortTermBankDeposits - USD 1 Quarter
Investment in short-term bank deposits PaymentsToAcquireShortTermBankDeposits $67.26M USD 1 Quarter
Investment in short-term bank deposits PaymentsToAcquireShortTermBankDeposits - USD 1 Quarter
Other investing activities PaymentsForProceedsFromOtherInvestingActivities $70.00K USD 1 Quarter
Other investing activities PaymentsForProceedsFromOtherInvestingActivities $80.00K USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-9.46M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-77.61M USD 1 Quarter
Repayment of current portion of long-term debt RepaymentsOfLongTermDebt - USD 1 Quarter
Repayment of current portion of long-term debt RepaymentsOfLongTermDebt $929.00K USD 1 Quarter
Proceeds from exercise of stock options ProceedsFromStockOptionsExercised $528.00K USD 1 Quarter
Proceeds from exercise of stock options ProceedsFromStockOptionsExercised $122.00K USD 1 Quarter
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $122.00K USD 1 Quarter
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $-401.00K USD 1 Quarter
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents $1.42M USD 1 Quarter
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents $1.48M USD 1 Quarter
Net change in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $16.92M USD 1 Quarter
Net change in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-44.42M USD 1 Quarter
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $213.18M USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $297.25M USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $280.33M USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $257.59M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $213.18M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $297.25M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $280.33M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $257.59M USD Point-in-time
Transfer of fixed assets to inventory TransferOfFixedAssetsToInventory $129.00K USD 1 Quarter
Transfer of fixed assets to inventory TransferOfFixedAssetsToInventory $503.00K USD 1 Quarter
Transfer of inventory to fixed assets TransferOfInventoryToFixedAssets $1.36M USD 1 Quarter
Transfer of inventory to fixed assets TransferOfInventoryToFixedAssets $939.00K USD 1 Quarter

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

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