v2.3.0.11
Segment Information
6 Months Ended
Jun. 30, 2011
Segment Information  
Segment Information
(13) Segment Information
The Company operates in one reportable business segment. The Company conducts its business through subsidiaries in the United States, a subsidiary in Switzerland that operates a research and production facility, and sales and services offices, including custom parts services, operated by subsidiaries in Europe (France, Germany, Italy, the Netherlands and the United Kingdom) and in Asia-Pacific (Japan). The Company has historically disclosed summarized financial information for the geographic areas of operations as if they were segments in accordance with ASC 280, "Segment Reporting."
Summarized financial information concerning the Company's geographical operations is shown in the following tables:
                                 
    Quarter Ended June 30,     Six Months Ended June 30,  
(in thousands)   2011     2010     2011     2010  
Revenue from unaffiliated customers:
                               
United States
  $ 28,609     $ 17,399     $ 51,486     $ 31,544  
Germany
    8,306       5,811       15,042       11,318  
Other Europe
    10,261       7,461       21,640       14,823  
Asia Pacific
    7,952       4,473       14,857       9,086  
 
                       
Total
  $ 55,128     $ 35,144     $ 103,025     $ 66,771  
 
                       
The Company's revenues from unaffiliated customers by type are as follows:
                                 
    Quarter Ended June 30,     Six Months Ended June 30,  
(in thousands)   2011     2010     2011     2010  
Printers and other products
  $ 16,193     $ 10,672     $ 29,728     $ 19,455  
Materials
    16,417       13,973       32,026       27,587  
Services
    22,518       10,499       41,271       19,729  
 
                       
Total revenue
  $ 55,128     $ 35,144     $ 103,325     $ 66,771  
 
                       
Intercompany sales are as follows:
                                         
    Quarter Ended June 30, 2011  
    Intercompany Sales to  
    United             Other     Asia        
(in thousands)   States     Germany     Europe     Pacific     Total  
United States
  $     $ 3,912     $ 1,765     $ 698     $ 6,375  
Germany
    15             433             448  
Other Europe
    2,978                         2,978  
Asia Pacific
                             
 
                             
Total
  $ 2,993     $ 3,912     $ 2,198     $ 698     $ 9,801  
 
                             
                                       
    Quarter Ended June 30, 2010  
    Intercompany Sales to  
    United             Other     Asia        
(in thousands)   States     Germany     Europe     Pacific     Total  
United States
  $     $ 3,120     $ 2,238     $ 709     $ 6,067  
Germany
    124             1,387             1,511  
Other Europe
    2,072       216                   2,288  
Asia Pacific
    34                         34  
 
                             
Total
  $ 2,230     $ 3,336     $ 3,625     $ 709     $ 9,900  
 
                             
                                         
    Six Months Ended June 30, 2011  
    Intercompany Sales to  
    United             Other     Asia        
(in thousands)   States     Germany     Europe     Pacific     Total  
United States
  $     $ 7,297     $ 3,952     $ 2,130     $ 13,379  
Germany
    110             1,403             1,513  
Other Europe
    5,872       1       12             5,885  
Asia Pacific
                             
 
                             
Total
  $ 5,982     $ 7,298     $ 5,367     $ 2,130     $ 20,777  
 
                             
                                         
    Six Months Ended June 30, 2010  
    Intercompany Sales to  
    United             Other     Asia        
(in thousands)   States     Germany     Europe     Pacific     Total  
United States
  $     $ 7,145     $ 4,379     $ 1,384     $ 12,908  
Germany
    234             2,237             2,471  
Other Europe
    4,164       248                   4,412  
Asia Pacific
    34                         34  
 
                             
Total
  $ 4,432     $ 7,393     $ 6,616     $ 1,384     $ 19,825  
 
                             
All revenue between geographic areas is recorded at prices that provide for an allocation of profit between entities. Income from operations and assets for each geographic area are as follows:
                                 
    Quarter Ended June 30,     Six Months Ended June 30,  
(in thousands)   2011     2010     2011     2010  
Income from operations:
                               
United States
  $ 3,570     $ 1,325     $ 7,109     $ 2,178  
Germany
    417       320       828       499  
Other Europe
    1,148       533       2,659       844  
Asia Pacific
    2,795       1,111       4,770       2,380  
 
                       
Subtotal
    7,930       3,289       15,366       5,901  
Inter-segment elimination
    71       125       46       171  
 
                       
Total
  $ 8,001     $ 3,414     $ 15,412     $ 6,072  
 
                       
                 
    June 30,     December 31,  
(in thousands)   2011     2010  
Assets:
               
United States
  $ 206,037     $ 113,249  
Germany
    19,126       17,231  
Other Europe
    68,075       67,790  
Asia Pacific
    11,353       10,530  
 
           
Total
  $ 304,591     $ 208,800