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Segment Information
 3 Months Ended
Mar. 31, 2014
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 Quickparts services, operated by subsidiaries in Europe (France, Germany, the United Kingdom, Italy and the Netherlands) and in Asia-Pacific (Australia, China, India, 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)

 

2014

 

2013

Revenue from unaffiliated customers:

 

 

 

 

 

 

United States

 

$
68,032 

 

$
57,153 

Germany

 

 
23,825 

 

 
11,911 

Other Europe

 

 
23,739 

 

 
16,669 

Asia Pacific

 

 
32,162 

 

 
16,346 

Total

 

$
147,758 

 

$
102,079 

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

 

 

 

 

 

 

 

 

 

 

 

 

Quarter Ended March 31,

(in thousands)

 

2014

 

2013

Printers and other products

 

$
60,753 

 

$
39,723 

Materials

 

 
40,441 

 

 
28,729 

Services

 

 
46,564 

 

 
33,627 

Total revenue

 

$
147,758 

 

$
102,079 

 

Intercompany sales were as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Quarter Ended March 31, 2014

 

 

Intercompany Sales to

(in thousands)

 

United States

 

Germany

 

Other Europe

 

Asia Pacific

 

Total

United States

 

$

 —

 

$
10,937 

 

$
4,947 

 

$
2,346 

 

$
18,230 

Germany

 

 
409 

 

 

 —

 

 
1,478 

 

 

 —

 

 
1,887 

Other Europe

 

 
10,043 

 

 
1,330 

 

 
332 

 

 
555 

 

 
12,260 

Asia Pacific

 

 
482 

 

 

 —

 

 

 —

 

 
682 

 

 
1,164 

Total

 

$
10,934 

 

$
12,267 

 

$
6,757 

 

$
3,583 

 

$
33,541 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 

 

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

 

 

 

 

 

 

 

 

 

 

 

Quarter Ended March 31,

(in thousands)

 

2014

 

2013

Income from operations:

 

 

 

 

 

 

United States

 

$
(2,030)

 

$
11,269 

Germany

 

 

       197

 

 
661 

Other Europe

 

 
2,401 

 

 
1,766 

Asia Pacific

 

 
9,067 

 

 
4,317 

Subtotal

 

 
9,635 

 

 
18,013 

Inter-segment elimination

 

 
(118)

 

 
(494)

Total

 

$
9,517 

 

$
17,519 

 

 

 

 

 

 

 

 

March 31,

 

December 31,

(in thousands)

2014

 

2013

Assets:

 

 

 

 

 

United States 

$
892,707 

 

$  
870,208 

Germany 

 
49,204 

 

 
38,685 

Other Europe 

 
119,554 

 

 
120,562 

Asia Pacific 

 
68,592 

 

 
68,401 

Total

$
1,130,057 

 

$
1,097,856 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

March 31,

 

December 31,

(in thousands)

2014

 

2013

Cash and cash equivalents:

 

 

 

 

 

United States 

$
284,108 

 

$  
286,377 

Germany

 
5,534 

 

 
3,441 

Other Europe 

 
8,992 

 

 
8,915 

Asia Pacific 

 
8,070 

 

 
7,583 

Total

$
306,704 

 

$
306,316