Segment Information

9 Months Ended

Sep. 30, 2012

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 custom parts services, operated by subsidiaries in Europe (France, Germany, the United Kingdom, Italy and the Netherlands) and in Asia-Pacific (Australia, China and Japan). 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.”

Summarized financial information concerning the Company’s geographical operations is shown in the following tables:

	Quarter Ended September 30,				Nine Months Ended September 30,
(in thousands)	2012		2011		2012		2011
Revenue from unaffiliated customers:
United States	$	48,828	$	31,679	$	141,498	$	83,165
Germany		11,608		8,288		28,927		23,330
Other Europe		13,991		12,061		42,036		33,701
Asia Pacific		16,105		5,510		39,601		20,367
Total	$	90,532	$	57,538	$	252,062	$	160,563

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

	Quarter Ended September 30,				Nine Months Ended September 30,
(in thousands)	2012		2011		2012		2011
Printers and other products	$	34,069	$	14,791	$	84,859	$	44,519
Materials		25,482		18,457		76,364		50,483
Services		30,981		24,290		90,839		65,561
Total revenue	$	90,532	$	57,538	$	252,062	$	160,563

Intercompany sales were as follows:

	Quarter Ended September 30, 2012
	Intercompany Sales to
(in thousands)	United States		Germany		Other Europe		Asia Pacific		Total
United States	$	—	$	5,577	$	3,065	$	802	$	9,444
Germany		94		—		504		—		598
Other Europe		3,714		78		113		29		3,934
Asia Pacific		127		—		—		—		127
Total	$	3,935	$	5,655	$	3,682	$	831	$	14,103
	Quarter Ended September 30, 2011
	Intercompany Sales to
(in thousands)	United States		Germany		Other Europe		Asia Pacific		Total
United States	$	—	$	3,968	$	2,270	$	681	$	6,919
Germany		8		—		1,063		—		1,071
Other Europe		3,524		—		7		—		3,531
Asia Pacific		—		—		—		—		—
Total	$	3,532	$	3,968	$	3,340	$	681	$	11,521
	Nine Months Ended September 30, 2012
	Intercompany Sales to
(in thousands)	United States		Germany		Other Europe		Asia Pacific		Total
United States	$	—	$	8,270	$	6,004	$	1,539	$	15,813
Germany		128		—		1,033		177		1,338
Other Europe		6,661		52		139		122		6,974
Asia Pacific		44		7		—		—		51
Total	$	6,833	$	8,329	$	7,176	$	1,838	$	24,176
	Nine Months Ended September 30, 2011
	Intercompany Sales to
(in thousands)	United States		Germany		Other Europe		Asia Pacific		Total
United States	$	—	$	11,265	$	6,222	$	2,812	$	20,299
Germany		118		—		2,466		—		2,584
Other Europe		9,396		1		19		—		9,416
Asia Pacific		—		—		—		—		—
Total	$	9,514	$	11,266	$	8,707	$	2,812	$	32,299

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

	Quarter Ended September 30,					Nine Months Ended September 30,
(in thousands)	2012		2011			2012		2011
Income from operations:
United States	$	11,601	$	5,840		$	24,607	$	12,975
Germany		133		158			949		985
Other Europe		793		1,247			4,225		3,880
Asia Pacific		5,909		1,556			12,528		6,327
Subtotal		18,436		8,801			42,309		24,167
Inter-segment elimination		—		(10	)		96		36
Total	$	18,436	$	8,791		$	42,405	$	24,203

	September 30,		December 31,
(in thousands)	2012		2011
Assets:
United States	$	539,294	$	346,350
Germany		21,123		20,285
Other Europe		76,703		71,202
Asia Pacific		23,398		25,137
Total	$	660,518	$	462,974