Segment, Geographic, and Major Customer Information (Tables)

12 Months Ended

Dec. 31, 2018

Revenue and gross profit for each operating segment, excluding stock-based compensation expense, are summarized as follows (in thousands):

Segment gross profit is reconciled to the Consolidated Statements of Operations as follows (in thousands):



	Year Ended December 31,
	2018			2017			2016
Segment gross profit	$	502,343		$	509,017		$	511,424
Stock-based compensation expense	(3,770		)	(2,561		)	(2,784		)
Other items excluded from segment profit	—			—			(475		)
Gross profit	$	498,573		$	506,456		$	508,165

Tangible and intangible assets, net of liabilities, are summarized as follows (in thousands):



	Industrial Inkjet		Productivity Software			Fiery		Corporate and Unallocated Net Assets		Total
December 31, 2018
Goodwill	$	147,932	$	168,186		$	73,991	$	—	$	390,109
Identified intangible assets, net	38,782		21,677			14,263		—		74,722
Tangible assets, net of liabilities	234,689		(12,747		)	21,092		18,243		261,277
Net tangible and intangible assets	$	421,403	$	177,116		$	109,346	$	18,243	$	726,108

December 31, 2017
Goodwill	$	154,373	$	174,644		$	74,261	$	—	$	403,278
Identified intangible assets, net	66,547		36,379			20,082		—		123,008
Tangible assets, net of liabilities	221,933		(27,755		)	11,286		49,561		255,025
Net tangible and intangible assets	$	442,853	$	183,268		$	105,629	$	49,561	$	781,311

Our revenue by ship-to destination is summarized as follows (in thousands):

The net book value of our property and equipment are summary as follows by geographic region (in thousands):



	December 31,
	2018		2017
Americas	$	60,612	$	77,683
EMEA	15,580		19,048
APAC	1,421		2,031
Total Property and Equipment, net	$	77,613	$	98,762