XML 38 R31.htm IDEA: XBRL DOCUMENT v2.4.0.6
Segment Information and Geographic Data (Tables)
9 Months Ended
Sep. 30, 2012
Summary of Gross Profit Information, Excluding Stock Based Compensation Expense by Segment

Summary gross profit information, excluding stock-based compensation expense, for the three and nine months ended September 30, 2012 and 2011 is as follows (in thousands):

 

     Three Months Ended September 30,     Nine Months Ended September 30,  
     2012     2011     2012     2011  

Industrial Inkjet

        

Revenue

   $ 79,096      $ 59,411      $ 234,008      $ 167,689   

Gross profit

     31,842        23,509        93,544        63,430   

Gross profit percentages

     40.3     39.6     40.0     37.8

Productivity Software

        

Revenue

   $ 24,252      $ 21,520      $ 74,043      $ 57,506   

Gross profit

     17,336        15,167        53,001        40,052   

Gross profit percentages

     71.5     70.5     71.6     69.6

Fiery

        

Revenue

   $ 50,726      $ 66,353      $ 169,980      $ 203,303   

Gross profit

     34,192        44,759        114,817        137,918   

Gross profit percentages

     67.4     67.5     67.5     67.8
Reconciliation of Segment Gross Profit to Condensed Consolidated Statements of Operations

A reconciliation of our segment gross profit to the Condensed Consolidated Statements of Operations for the three and nine months ended September 30, 2012 and 2011 is as follows (in thousands):

 

     Three Months Ended September 30,     Nine Months Ended September 30,  
     2012     2011     2012     2011  

Segment gross profit

   $ 83,370        $ 83,435        $ 261,362        $ 241,400     

Stock-based compensation expense

     (293     (657     (826     (1,334
  

 

 

   

 

 

   

 

 

   

 

 

 

Gross profit

   $ 83,077      $ 82,778      $ 260,536      $ 240,066   
  

 

 

   

 

 

   

 

 

   

 

 

 
Tangible and Intangible Assets, Net of Liabilities, Summarized by Operating Segment

Tangible and intangible assets, net of liabilities, are summarized by operating segment as of September 30, 2012 and December 31, 2011 as follows (in thousands):

 

                                            

September 30, 2012

   Industrial
Inkjet
     Productivity
Software
    Fiery  

Goodwill

   $ 59,554       $ 78,236      $ 64,413   

Identified intangible assets, net

     43,312         26,437        3,030   

Tangible assets, net of liabilities

     118,951         (2,687     47,402   
  

 

 

    

 

 

   

 

 

 

Net tangible and intangible assets

   $ 221,817       $ 101,986      $ 114,845   
  

 

 

    

 

 

   

 

 

 
       

December 31, 2011

                   

Goodwill

   $ 36,508       $ 63,403      $ 64,412   

Identified intangible assets, net

     28,483         23,520        3,989   

Tangible assets, net of liabilities

     66,841         (2,740     40,896   
  

 

 

    

 

 

   

 

 

 

Net tangible and intangible assets

   $ 131,832       $ 84,183      $ 109,297   
  

 

 

    

 

 

   

 

 

 
Revenue by Sales Origin

Our revenue by ship-to destination for the three and nine months ended September 30, 2012 and 2011 was as follows (in thousands):

 

     Three months ended September 30,      Nine months ended September 30,  
     2012      2011      2012      2011  

Americas

   $ 86,445       $ 84,935       $ 251,351       $ 241,980   

Europe, Middle East, and Africa (“EMEA”)

     41,137         46,589         147,823         133,770   

Asia Pacific (“APAC”)

     26,492         15,760         78,857         52,748   

Japan

     7,471         7,267         22,290         28,587   

Rest of World (“ROW”)

     19,021         8,493         56,567         24,161   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total revenue

   $ 154,074       $ 147,284       $ 478,031       $ 428,498