Equity (Tables)

12 Months Ended

Dec. 31, 2014

Schedule of Stock Option Activity

A summary of the stock option activity (reflecting historical Stratasys, Inc. stock options prior to the Stratasys-Objet merger date) for the year ended December 31, 2014 is as follows:

			Per Share					Weighted Average
	Number of Options		Exercise Price					Exercise Price
Options outstanding as of December 31, 2013		2,007,433		2.21	-		120.51		29.66
Granted in 2014		239,583		91.48	-		115.12		103.55
GrabCAD options from merger in 2014		72,876		2.89	-		9.32		7.28
Exercised in 2014		(557,605)		2.21	-		99.01		14.14
Forfeited in 2014		(43,046)		2.74	-		120.51		52.22
Options outstanding as of December 31, 2014		1,719,241		2.21	-		120.51		43.89
Exercisable optionsas of December 31, 2014		870,569	$	2.21	-	$	120.51	$	22.70

Schedule of Stock Options Outstanding

The following table summarizes information about stock options outstanding at December 31, 2014:

					Options Outstanding						Options Exercisable
					Outstanding		Weighted- Average				Exercisable
					options at		Remaining		Weighted- Average		options at		Weighted- Average
Range of					December 31,		Contractual		Exercise		December 31,		Exercise
Exercise Prices					2014		Life in Years		Price		2014		Price
$	2.21	-	$	9.90		579,605		3.95	$	6.90	$	478,305	$	6.79
	9.91	-		46.87		552,969		2.98		28.88		282,495		24.98
	46.88	-		101.98		387,097		8.60		86.58		108,750		85.79
$	101.99	-	$	120.51		199,570		8.48		106.34		1,019		120.51
						1,719,241			$	43.89		870,569	$	22.70
Aggregate intrinsic value (U.S. $ in thousands)					$	74,501					$	53,010

Schedule of Equity classified stock-based compensation

Equity classified stock-based compensation expenses included in the Company's Statements of Operations were:

	2014		2013		2012
	(U.S. $ in thousands)
Cost of sales	$	4,495	$	2,980	$	603
Research and development, net		4,862		3,491		960
Selling, general and administrative		20,850		17,791		7,311
Total stock-based compensation expenses	$	30,207	$	24,262	$	8,874

Schedule of Accumulated other comprehensive income (loss)

The following table presents the changes in the components of accumulated other comprehensive income (loss), net of taxes for the year ended December 31, 2014:

	Year ended December 31, 2014
	Net unrealized gain (loss) on cash flow hedges		Foreign currency translation adjustments		Other		Total
	(U.S. $ in thousands)
Balance as of January 1, 2014	$	153	$	1,922	$	(167)	$	1,908
Other comprehensive income before reclassifications		(2,222)		(4,326)		-		(6,548)
Amounts reclassified from accumulated other comprehensive income		826		-		167		993
Other comprehensive income (loss)		(1,396)		(4,326)		167		(5,555)
Balance as of December 31, 2014	$	(1,243)	$	(2,404)	$	-	$	(3,647)

Stock Options [Member]

Schedule of Stock Option Assumptions

The Company used the Black-Scholes option-pricing model to determine the fair value of grants made in 2014, 2013 and 2012. The following assumptions were applied in determining the compensation cost:

	2014		2013		2012
Risk-free interest rate		1.3%-2.0%		1.4% - 1.7%		0.8	%
Expected option term (years)		4.2-6.5		5.1 - 5.2		4.5
Expected price volitility		45.8%- 47.6%		56% - 57%		62	%
Dividend yield		-		-		-
Weighted average grant date fair value	$	60.82	$	40.94	$	22.36