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Segment Information | 6 Months Ended
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Jun. 30, 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, subsidiaries in France that operate a manufacturing facility and sales and service offices, and sales and services offices operated by subsidiaries in Europe (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 June 30, |  | Six Months Ended June 30,
(in thousands) |  | 2014 |  | 2013 |  | 2014 |  | 2013
Revenue from unaffiliated customers: |  |  |  |  |  |  |  |  |  |  |  |
United States |  | $ | 78,895 |  | $ | 67,870 |  | $ | 146,927 |  | $ | 125,023
Germany |  |  | 19,562 |  |  | 13,286 |  |  | 43,387 |  |  | 25,197
Other Europe |  |  | 22,453 |  |  | 18,569 |  |  | 46,192 |  |  | 35,238
Asia Pacific |  |  | 30,602 |  |  | 21,062 |  |  | 62,764 |  |  | 37,408
Total |  | $ | 151,512 |  | $ | 120,787 |  | $ | 299,270 |  | $ | 222,866
The Company’s revenue from unaffiliated customers by type was as follows:
|  | Quarter Ended June 30, |  | Six Months Ended June 30,
(in thousands) |  | 2014 |  | 2013 |  | 2014 |  | 2013
Printers and other products |  | $ | 61,948 |  | $ | 54,190 |  | $ | 122,701 |  | $ | 93,913
Materials |  |  | 38,036 |  |  | 29,275 |  |  | 78,477 |  |  | 58,004
Services |  |  | 51,528 |  |  | 37,322 |  |  | 98,092 |  |  | 70,949
Total revenue |  | $ | 151,512 |  | $ | 120,787 |  | $ | 299,270 |  | $ | 222,866
Intercompany sales were as follows:
|  | Quarter Ended June 30, 2014
|  | Intercompany Sales to
(in thousands) |  | United States |  | Germany |  | Other Europe |  | Asia Pacific |  | Total
United States |  | $ | — |  | $ | 9,925 |  | $ | 4,710 |  | $ | 3,450 |  | $ | 18,085
Germany |  |  | 446 |  |  | — |  |  | 1,350 |  |  | — |  |  | 1,796
Other Europe |  |  | 10,932 |  |  | 548 |  |  | 676 |  |  | 891 |  |  | 13,047
Asia Pacific |  |  | 331 |  |  | (15) |  |  | — |  |  | 521 |  |  | 837
Total |  | $ | 11,709 |  | $ | 10,458 |  | $ | 6,736 |  | $ | 4,862 |  | $ | 33,765
|  | Quarter Ended June 30, 2013
|  | Intercompany Sales to
(in thousands) |  | United States |  | Germany |  | Other Europe |  | Asia Pacific |  | Total
United States |  | $ | — |  | $ | 4,658 |  | $ | 4,234 |  | $ | 1,075 |  | $ | 9,967
Germany |  |  | 386 |  |  | — |  |  | 447 |  |  | — |  |  | 833
Other Europe |  |  | 5,292 |  |  | 674 |  |  | 1,097 |  |  | 93 |  |  | 7,156
Asia Pacific |  |  | 347 |  |  | 261 |  |  | 67 |  |  | 167 |  |  | 842
Total |  | $ | 6,025 |  | $ | 5,593 |  | $ | 5,845 |  | $ | 1,335 |  | $ | 18,798
|  | Six Months Ended June 30, 2014
|  | Intercompany Sales to
(in thousands) |  | United States |  | Germany |  | Other Europe |  | Asia Pacific |  | Total
United States |  | $ | — |  | $ | 20,862 |  | $ | 9,657 |  | $ | 5,796 |  | $ | 36,315
Germany |  |  | 855 |  |  | — |  |  | 2,828 |  |  | — |  |  | 3,683
Other Europe |  |  | 20,975 |  |  | 1,878 |  |  | 1,008 |  |  | 1,446 |  |  | 25,307
Asia Pacific |  |  | 813 |  |  | (15) |  |  | — |  |  | 1,203 |  |  | 2,001
Total |  | $ | 22,643 |  | $ | 22,725 |  | $ | 13,493 |  | $ | 8,445 |  | $ | 67,306
|  | Six Months Ended June 30, 2013
|  | Intercompany Sales to
(in thousands) |  | United States |  | Germany |  | Other Europe |  | Asia Pacific |  | Total
United States |  | $ | — |  | $ | 10,441 |  | $ | 7,838 |  | $ | 2,199 |  | $ | 20,478
Germany |  |  | 704 |  |  | — |  |  | 1,806 |  |  | — |  |  | 2,510
Other Europe |  |  | 9,223 |  |  | 957 |  |  | 1,175 |  |  | 124 |  |  | 11,479
Asia Pacific |  |  | 872 |  |  | 641 |  |  | 67 |  |  | 422 |  |  | 2,002
Total |  | $ | 10,799 |  | $ | 12,039 |  | $ | 10,886 |  | $ | 2,745 |  | $ | 36,469
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 June 30, |  | Six Months Ended June 30,
(in thousands) |  | 2014 |  | 2013 |  | 2014 |  | 2013
Income from operations: |  |  |  |  |  |  |  |  |  |  |  |
United States |  | $ | (7,036) |  | $ | 11,643 |  | $ | (9,066) |  | $ | 22,912
Germany |  |  | 451 |  |  | (318) |  |  | 648 |  |  | 343
Other Europe |  |  | 2,124 |  |  | 235 |  |  | 4,525 |  |  | 2,001
Asia Pacific |  |  | 9,455 |  |  | 5,476 |  |  | 18,522 |  |  | 9,793
Subtotal |  |  | 4,994 |  |  | 17,036 |  |  | 14,629 |  |  | 35,049
Inter-segment elimination |  |  | (632) |  |  | (240) |  |  | (750) |  |  | (734)
Total |  | $ | 4,362 |  | $ | 16,796 |  | $ | 13,879 |  | $ | 34,315
| June 30, |  | December 31,
(in thousands) | 2014 |  | 2013
Assets: |  |  |  |  |
United States | $ | 1,240,270 |  | $ | 870,208
Germany |  | 45,563 |  |  | 38,685
Other Europe |  | 116,516 |  |  | 120,562
Asia Pacific |  | 74,021 |  |  | 68,401
Total | $ | 1,476,370 |  | $ | 1,097,856
| June 30, |  | December 31,
(in thousands) | 2014 |  | 2013
Cash and cash equivalents: |  |  |  |  |
United States | $ | 546,730 |  | $ | 286,377
Germany |  | 3,591 |  |  | 3,441
Other Europe |  | 10,386 |  |  | 8,915
Asia Pacific |  | 9,555 |  |  | 7,583
Total | $ | 570,262 |  | $ | 306,316

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8864-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8933-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8844-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8538-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8984-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8971-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8595-108599 + Details
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