v2.4.0.6
Segment Information
 3 Months Ended
Mar. 31, 2013
Segment Information [Abstract]  
Segment Information

(14)  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, the United Kingdom, Italy and the Netherlands) and in Asia-Pacific (Australia, China, Japan and Korea). 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.” Financial information concerning the Company’s geographical locations are based on the location of the selling entity.

 

Summarized financial information concerning the Company’s geographical operations is shown in the following tables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Quarter Ended March 31,

 

 

 

 

 

 

 

(in thousands)

 

2013

 

2012

 

 

 

 

 

 

 

Revenue from unaffiliated customers:

 

 

 

 

 

 

 

 

 

 

 

 

 

United States

 

$
57,153 

 

$
45,909 

 

 

 

 

 

 

 

Germany

 

 
11,911 

 

 
7,423 

 

 

 

 

 

 

 

Other Europe

 

 
16,669 

 

 
13,288 

 

 

 

 

 

 

 

Asia Pacific

 

 
16,346 

 

 
11,300 

 

 

 

 

 

 

 

Total

 

$
102,079 

 

$
77,920 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The Company’s revenue from unaffiliated customers by type was as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Quarter Ended March 31,

 

 

 

 

 

 

 

(in thousands)

 

2013

 

2012

 

 

 

 

 

 

 

Printers and other products

 

$
39,723 

 

$
24,719 

 

 

 

 

 

 

 

Materials

 

 
28,729 

 

 
24,678 

 

 

 

 

 

 

 

Services

 

 
33,627 

 

 
28,523 

 

 

 

 

 

 

 

Total revenue

 

$
102,079 

 

$
77,920 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Intercompany sales were as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Quarter Ended March 31, 2013

 

 

 

Intercompany Sales to

 

(in thousands)

 

United States

 

Germany

 

Other Europe

 

Asia Pacific

 

Total

 

United States

 

$

—

 

$
5,783 

 

$
3,604 

 

$
1,124 

 

$
10,511 

 

Germany

 

 
318 

 

 

—

 

 
1,359 

 

 

—

 

 
1,677 

 

Other Europe

 

 
3,931 

 

 
283 

 

 
78 

 

 
31 

 

 
4,323 

 

Asia Pacific

 

 
525 

 

 
380 

 

 

—

 

 
255 

 

 
1,160 

 

Total

 

$
4,774 

 

$
6,446 

 

$
5,041 

 

$
1,410 

 

$
17,671 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Quarter Ended March 31, 2012

 

 

 

Intercompany Sales to

 

(in thousands) 

 

United States

 

Germany

 

Other Europe

 

Asia Pacific

 

Total

 

United States

 

$

 —

 

$
3,902 

 

$
3,105 

 

$
877 

 

$
7,884 

 

Germany

 

 
114 

 

 

—

 

 
160 

 

 

—

 

 
274 

 

Other Europe

 

 
3,276 

 

 
24 

 

 
84 

 

 

—

 

 
3,384 

 

Asia Pacific

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

Total

 

$
3,390 

 

$
3,926 

 

$
3,349 

 

$
877 

 

$
11,542 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

All revenue between geographic areas is recorded at prices that provide for an allocation of profit (loss) between entities. Income from operations and assets for each geographic area was as follows:

 

 

 

 

 

 

 

 

 

 

 

Quarter Ended March 31,

 

(in thousands)

 

2013

 

2012

 

Income from operations:

 

 

 

 

 

 

 

United States

 

$
11,269

 

$
5,456

 

Germany

 

 
661

 

 
253

 

Other Europe

 

 
1,766

 

 
1,009

 

Asia Pacific

 

 
4,317

 

 
3,155

 

Subtotal

 

 
18,013

 

 
9,873

 

Inter-segment elimination

 

 
(494

)

 
97

 

Total

 

$
17,519

 

$
9,970

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

March 31,

 

December 31,

 

(in thousands)

 

2013

 

2012

 

Assets:

 

 

 

 

 

 

 

United States 

 

$
537,015 

 

$  
501,157 

 

Germany 

 

 
23,220 

 

 
24,264 

 

Other Europe 

 

 
81,124 

 

 
86,494 

 

Asia Pacific 

 

 
56,295 

 

 
65,527 

 

Total

 

$
697,654 

 

$
677,442