Electronics For Imaging (EFII) 10-Q 5 Nov 18 2018 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2018	Oct. 30, 2018
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q3
Trading Symbol	EFII
Entity Registrant Name	ELECTRONICS FOR IMAGING INC
Entity Central Index Key	867,374
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Emerging Growth Company	false
Entity Small Business	false
Entity Common Stock, Shares Outstanding		43,931,611

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (unaudited) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Current assets:
Cash and cash equivalents	$ 180,942	$ 170,345
Short-term investments	112,986	148,697
Accounts receivable, net of allowances of $30.2 million and $32.2 million, respectively	240,150	244,416
Inventories	121,290	125,813
Income taxes receivable	13,958	4,565
Assets held for sale	3,143	4,200
Other current assets	47,814	41,799
Total current assets	720,283	739,835
Property and equipment, net	79,495	98,762
Restricted cash equivalents	39,809	32,531
Goodwill	394,372	403,278
Intangible assets, net	86,246	123,008
Deferred tax assets	43,265	45,083
Other assets	34,369	15,504
Total assets	1,397,839	1,458,001
Current liabilities:
Accounts payable	118,703	123,935
Accrued and other liabilities	74,797	98,090
Deferred revenue	65,181	55,833
Convertible senior notes, net – current	330,367	0
Income taxes payable	6,762	5,309
Total current liabilities	595,810	283,167
Convertible senior notes, net – non-current	0	318,957
Imputed financing obligation related to build-to-suit lease	0	13,944
Noncurrent contingent and other liabilities	17,307	28,801
Deferred tax liabilities	6,151	11,652
Noncurrent income taxes payable	18,305	20,169
Total liabilities	637,573	676,690
Commitments and contingencies (Note 10)
Stockholders’ equity:
Preferred stock, $0.01 par value; 5,000 shares authorized; none issued and outstanding	0	0
Common stock, $0.01 par value; 150,000 shares authorized; 54,990 and 54,249 shares issued, respectively	550	542
Additional paid-in capital	785,475	745,661
Treasury stock, at cost; 10,747 and 9,070 shares, respectively	(428,074)	(375,574)
Accumulated other comprehensive income (loss)	(6,996)	8,138
Retained earnings	409,311	402,544
Total stockholders’ equity	760,266	781,311
Total liabilities and stockholders’ equity	$ 1,397,839	$ 1,458,001

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (unaudited) (Parenthetical) - USD ($) shares in Thousands, $ in Millions	Sep. 30, 2018	Dec. 31, 2017
Statement of Financial Position [Abstract]
Accounts receivable, allowances	$ 30.2	$ 32.2
Preferred stock, par value (in USD per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized	5,000	5,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value (in USD per share)	$ 0.01	$ 0.01
Common stock, shares authorized	150,000	150,000
Common stock, shares issued	54,990	54,249
Treasury stock, shares	10,747	9,070

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (unaudited) - USD ($) shares in Thousands, $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Income Statement [Abstract]
Revenue		$ 257,134	$ 248,359	$ 758,072	$ 724,097
Cost of revenue	[1]	131,615	120,902	384,858	345,858
Gross profit		125,519	127,457	373,214	378,239
Operating expenses:
Research and development	[1]	40,341	39,585	119,701	118,201
Sales and marketing	[1]	44,661	42,269	137,448	129,018
General and administrative	[1]	24,466	25,075	57,093	67,239
Amortization of identified intangibles		11,137	12,299	34,801	34,829
Restructuring and other		2,799	832	10,477	5,421
Total operating expenses		123,404	120,060	359,520	354,708
Income from operations		2,115	7,397	13,694	23,531
Interest expense		(4,796)	(4,912)	(14,739)	(14,538)
Interest income and other income, net		336	1,760	1,270	2,802
Income (loss) before income taxes		(2,345)	4,245	225	11,795
Benefit from (provision for) income taxes		4,265	(791)	1,868	(795)
Net income		$ 1,920	$ 3,454	$ 2,093	$ 11,000
Net income per basic common share (in usd per share)		$ 0.04	$ 0.07	$ 0.05	$ 0.24
Net income per diluted common share (in usd per share)		$ 0.04	$ 0.07	$ 0.05	$ 0.23
Shares used in basic per-share calculation (in shares)		44,428	46,348	44,714	46,442
Shares used in diluted per-share calculation (in shares)		45,354	46,937	45,388	47,102
[1]	Includes stock-based compensation expense as follows: Three Months EndedSeptember 30, Nine Months Ended September 30, 2018 2017 2018 2017Cost of revenue$904 $486 $2,715 $1,985Research and development3,649 1,640 9,517 7,556Sales and marketing2,377 1,108 6,767 5,176General and administrative4,993 1,414 11,479 7,824

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Operations (unaudited) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Stock-based compensation expense	$ 11,923	$ 4,648	$ 30,478	$ 22,541
Cost of revenue
Stock-based compensation expense	904	486	2,715	1,985
Research and development
Stock-based compensation expense	3,649	1,640	9,517	7,556
Sales and marketing
Stock-based compensation expense	2,377	1,108	6,767	5,176
General and administrative
Stock-based compensation expense	$ 4,993	$ 1,414	$ 11,479	$ 7,824

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Comprehensive Income (Loss) (unaudited) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Statement of Comprehensive Income [Abstract]
Net income (loss)		$ 1,920	$ 3,454	$ 2,093	$ 11,000
Net unrealized investment gains (losses):
Unrealized holding gains (losses), net of tax	[1]	182	48	(254)	283
Reclassification adjustments included in net income, net of tax	[1]	(1)	(27)	10	(49)
Net unrealized investment gains (losses)		181	21	(244)	234
Currency translation adjustments		(1,975)	4,931	(14,850)	23,121
Net unrealized losses on cash flow hedges		0	(28)	(41)	(24)
Comprehensive income (loss)		$ 126	$ 8,378	$ (13,042)	$ 34,331
[1]	Tax effects were less than $0.2 million for the periods presented above.

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Comprehensive Income (Loss) (unaudited) (Parenthetical) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Statement of Comprehensive Income [Abstract]
Unrealized holding gains (losses), tax provisions (benefits) (less than)	$ 0.2	$ 0.2	$ 0.2	$ 0.2
Reclassification adjustments included in net income (loss), tax provisions (benefits) (less than)	$ 0.2	$ 0.2	$ 0.2	$ 0.2

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($) $ in Thousands		9 Months Ended
		Sep. 30, 2018	Sep. 30, 2017
Cash flows from operating activities:
Net income (loss)		$ 2,093	$ 11,000
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization		50,094	48,029
Deferred taxes		(248)	(9,149)
Provisions for bad debt and sales-related allowances		2,424	10,868
Provision for inventory obsolescence		4,488	3,642
Stock-based compensation expense		30,478	22,541
Non-cash accretion of interest expense on convertible notes and imputed financing obligation		11,304	11,211
Change in fair value of contingent consideration, including accretion		11,860	(2,187)
Net change in derivative assets and liabilities		(2,431)	737
Other non-cash charges		88	330
Changes in operating assets and liabilities, net of effect of acquired businesses		(36,275)	(58,955)
Net cash provided by operating activities		50,155	42,441
Cash flows from investing activities:
Purchases of short-term investments		0	(87,623)
Proceeds from sales and maturities of short-term investments		35,129	164,979
Purchases of restricted investments	[1]	0	(15,775)
Purchases, net of proceeds from sales, of property and equipment		(9,785)	(8,745)
Proceeds from sale of held-for-sale building and land		1,137	0
Businesses purchased, net of cash acquired		696	(16,739)
Net cash provided by (used for) investing activities	[1]	27,177	36,097
Cash flows from financing activities:
Proceeds from issuance of common stock		10,165	11,730
Purchases of treasury stock and net share settlements		(52,500)	(56,937)
Repayment of acquisition-related debt		(11,956)	(10,786)
Contingent consideration payments related to businesses acquired		(3,116)	(9,512)
Net cash used for financing activities		(57,407)	(65,505)
Effect of foreign exchange rate changes on cash, cash equivalents, and restricted cash equivalents		(2,050)	4,168
Increase in cash, cash equivalents, and restricted cash equivalents	[1]	17,875	17,201
Cash, cash equivalents, and restricted cash equivalents at beginning of period	[1]	202,876	165,455
Cash, cash equivalents, and restricted cash equivalents at end of period	[1]	$ 220,751	$ 182,656
[1]	Certain prior period amounts have been revised due to the implementation of ASU 2016-18. See Note 1 for details.

Basis of Presentation and Signi

Basis of Presentation and Significant Accounting Policies	9 Months Ended
	Sep. 30, 2018
Accounting Policies [Abstract]
Basis of Presentation and Significant Accounting Policies	Basis of Presentation and Significant Accounting Policies Basis of Presentation The accompanying unaudited interim condensed consolidated financial statements (“condensed consolidated financial statements”) include the accounts of Electronics For Imaging, Inc. and its subsidiaries (“EFI” or “Company”). All intercompany accounts and transactions have been eliminated in consolidation. These condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States (“GAAP”) for interim financial information, rules and regulations of the Securities and Exchange Commission (“SEC”) for interim financial statements, and accounting policies consistent in all material respects with those applied in preparing our audited annual consolidated financial statements included in our Annual Report on Form 10-K, as amended by Amendment No. 1, for the year ended December 31, 2017 (the “2017 Form 10-K”). These condensed consolidated financial statements and accompanying notes should be read in conjunction with our annual consolidated financial statements and notes included in the 2017 Form 10-K. In the opinion of management, these condensed consolidated financial statements reflect all adjustments, including normal recurring adjustments, management considers necessary for the fair presentation of our financial position, operating results, comprehensive income, and cash flows for the interim periods presented. Our results for the interim periods are not necessarily indicative of results for the entire year. Out-of-Period Adjustments In the nine months ended September 30, 2017, we recorded out-of-period adjustments related to certain bill and hold transactions, which decreased revenue by $3.4 million , gross profit by $0.5 million , and net income by $0.3 million (or $0.01 per diluted share). We evaluated these adjustments considering both qualitative and quantitative factors and their impact in relation to each period, as well as the periods in which they originated. The impact of recognizing these adjustments in prior years was not significant to any individual period. Management believes the adjustments are immaterial to these condensed consolidated financial statements for the nine months ended September 30, 2017 and all previously issued financial statements. Recently Adopted Accounting Pronouncements Revenue Recognition . Effective January 1, 2018, we adopted Accounting Standards Codification (“ASC”) 606 Revenue from Contracts with Customers (“ASC 606”) using the modified retrospective method applied to all incomplete contracts as of the date of initial application. ASC 606 supersedes the revenue recognition requirements in ASC 605, Revenue Recognition (“ASC 605”), and requires the recognition of revenue when promised goods or services are transferred to customers in an amount that reflects the considerations to which the entity expects to be entitled to in exchange for those goods or services. In addition, ASC 606 requires disclosure of the nature, amount, timing, and uncertainty of revenue and cash flows arising from contracts with customers. Effective January 1, 2018, we also adopted ASC 340-40, Other Assets and Deferred Costs – Contracts with Customers (“ASC 340-40”), using the modified retrospective method to all incomplete contracts as of the date of initial application. ASC 340-40 requires the deferral of incremental costs of obtaining a contract with a customer. Results for reporting periods beginning after January 1, 2018 are presented under ASC 606 and ASC 340-40, while prior period amounts are not adjusted and continue to be reported in accordance with our historic accounting under ASC 605. Additional discussion of these recently adopted pronouncements and their impact on our Condensed Consolidated Financial Statements is included below under Significant Accounting Policies, in Note 4 – Revenue , and in Note 5 – Supplemental Financial Statement Information . Income Taxes . Staff Accounting Bulletin (“SAB”) 118 provides guidance for the application of ASC 740 for a measurement period to complete the accounting for certain elements of the Tax Cut & Jobs Act of 2017 (the “2017 Tax Act”). The measurement period is defined as up to one year from the enactment date, which will expire on December 22, 2018. SAB 118 requires that we recognize those income tax effects in our financial statements for which the accounting can be completed, as may be the case for the effect of rate changes on deferred tax assets and deferred tax liabilities. For matters that have not been completed, we are required to recognize provisional amounts to the extent that they are reasonably estimable, adjust them during the measurement period when more information becomes available, and report this information in our financial statements in that period. See additional information in Note 14 – Income Taxes. Restricted Cash . Accounting Standard Update (“ASU”) 2016-18, Statement of Cash Flows: Restricted Cash , became effective in the first quarter of 2018 and requires the statement of cash flows to explain the change in cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents. Therefore, amounts generally described as restricted cash and restricted cash equivalents are included with cash and cash equivalents when reconciling the beginning-of-period and end-of-period total amounts in the statement of cash flows. We previously included the changes in restricted cash equivalents in operating or investing activities in the Consolidated Statements of Cash Flows. Prior period amounts have been revised to conform to the current year presentation. Reconciliation of cash, cash equivalents, and restricted cash equivalents (in thousands) September 30, 2018 December 31, 2017 September 30, 2017 December 31, 2016 Cash and cash equivalents $ 180,942 $ 170,345 $ 175,830 $ 164,313 Restricted cash equivalents 39,809 32,531 6,826 1,142 Total cash, cash equivalents, and restricted cash equivalents shown in the statement of cash flows $ 220,751 $ 202,876 $ 182,656 $ 165,455 Definition of a Business . In January 2017, the Financial Accounting Standard Board (“FASB’) issued ASU 2017-01, Business Combinations: Clarifying the Definition of a Business , which became effective in the first quarter of 2018 and significantly narrows how businesses are defined. Under ASU 2017-01, when substantially all of the fair value of the gross assets acquired is concentrated in a single asset or group of similar identifiable assets, then the assets acquired do not constitute a business. If substantially all of the fair value of the gross assets acquired is not concentrated in a single asset or group of similar assets, then the assets acquired may constitute a business if certain criteria are met. We must determine whether the acquired gross assets and activities include an input and a “substantive” process that together “significantly” contribute to the ability to create an output. A framework and specific criteria are provided to assist with the evaluation of whether a process is “substantive” and “significantly contributes” to the ability to create an output. “Output” is narrowly defined to be consistent with the description of a performance obligation in the new revenue guidance or this ASU. Missing inputs and processes may not be replaced by integration with our own inputs and processes under the new guidance. The adoption of ASU 2017-1 did not impact our condensed consolidated financial statements as of September 30, 2018 because we did not acquire a business during the nine months ended September 30, 2018 . Nonfinancial Asset Derecognition . In February 2017, the FASB issued ASU 2017-05, Other Income – Gains and Losses from the Derecognition of Nonfinancial Assets: Clarifying the Scope of Asset Derecognition and Accounting for Partial Sales of Nonfinancial Assets , which clarifies the scope of recent guidance as it relates to nonfinancial asset derecognition and the accounting for partial sales of nonfinancial assets. The ASU conforms the derecognition guidance as it relates to nonfinancial assets with the derecognition guidance in the new revenue standard (ASC 606) and is not expected to have a material impact on the accounting for real estate dispositions. ASU 2017-5 became effective in the first quarter of 2018. During the nine months ended September 30, 2018 , we sold a non-financial asset, which is discussed further in Note 10 – Commitments and Contingencies . There was no material impact from the adoption of this ASU in our condensed consolidated financial statements during the three and nine months ended September 30, 2018 . Stock Compensation Modification . In May 2017, the FASB issued ASU 2017-09, Stock Compensation – Scope of Modification Accounting , which clarifies the scope of modification accounting for share-based payment arrangements, which became effective in the first quarter of 2018. Specifically, we do not apply modification accounting if the fair value, vesting conditions, and classification of the awards are the same immediately before and after the modification. We elected to adopt this guidance prospectively to awards modified on or after the adoption date. The adoption of ASU 2017-09 did not have a material impact on our condensed consolidated financial statements during the three and nine months ended September 30, 2018 . Settlement of Convertible Debt . ASU 2016-15, Statement of Cash Flows: Classification of Certain Cash Receipts and Cash Payments , issued in August 2016, requires that cash settlements of principal amounts of debt instruments with coupon interest rates that are insignificant in relation to the effective interest rate of the debt must classify the portion of the principal payment attributable to the accreted interest related to the debt discount as cash outflows from operating activities. This is consistent with the classification of the coupon interest payments. ASU 2016-15 became effective in the first quarter of 2018. Accordingly, $63.6 million of the debt discount attributable to the difference between the 0.75% coupon interest rate on our 0.75% Convertible Senior Notes due 2019 (“Notes”) and the 4.98% ( 5.46% inclusive of debt issuance costs) effective interest rate on the Notes will be classified as an operating cash outflow in the Condensed Consolidated Statement of Cash Flows upon any cash settlement of the Notes. The Notes were not settled as of September 30, 2018 . We will apply ASU 2016-15 upon any cash settlement of the Notes. Recent Accounting Pronouncements Not Yet Adopted Lease Arrangements . Under current guidance, the classification of a lease by a lessee as either an operating or capital lease determines whether an asset and liability is recognized on the balance sheet. ASU 2016-2, Leases , which was issued in February 2016 and will be effective in the first quarter of 2019, requires that a lessee recognize an asset and liability on its balance sheet related to all leases with terms more than one year. For all leases, a lessee will be required to recognize a right-of-use asset and a lease liability, initially measured at the present value of the lease payments, in the statement of financial position. The right-to-use asset represents the right to use the underlying asset during the lease term. The recognition, measurement, and presentation of expenses and cash flows by a lessee will not significantly change from previous guidance. There continues to be a differentiation between finance leases and operating leases. The criteria for determining whether a lease is a finance or operating lease are substantially the same as existing guidance except that the “bright line” percentages have been removed. Also, an additional criterion has been added in the new guidance to consider whether the underlying asset is of such a specialized nature that it is expected to have no alternative use to the lessor at the end of the lease term. Additional judgment will be required in applying the new lease guidance. • For finance leases, interest is recognized on the lease liability separately from depreciation of the right-of-use asset in the statement of operations. Principal repayments are classified within financing activities and interest payments are classified as operating activities in the statement of cash flows. • For operating leases, a lessee is required to recognize lease expense generally on a straight-line basis. All operating lease payments are classified as operating activities in the statement of cash flows. The current build-to-suit lease accounting guidance will be rescinded by the new guidance, although simplified guidance will remain regarding lessee control during the construction period. Consequently, the accounting for build-to-suit leases will be the same as operating leases unless the lessee control provisions are applicable. We expect to apply the additional transition method provided in ASU 2018-11, which allows us to initially apply the new leases standard at our January 1, 2019 adoption date and recognize a cumulative-effect adjustment to the opening balance of retained earnings. We expect to elect all of the available transition practical expedients which permit us not to reassess our prior conclusions about lease identification, lease classification, and initial direct costs. While we continue to assess the effects of the adoption, we have not yet quantified the impact but we believe there will be material increases in our non-current assets and liabilities, and in our current liabilities on our Consolidated Balance Sheets at the time of adoption. The adoption of this new standard to our lease transactions as lessee is not expected to have a material impact on our results of operations as reflected in our Consolidated Statements of Operations. We do not expect a material impact on our results of operations or financial position from adoption of this standard to our lease transactions as lessor. Significant Accounting Policies There have been no material changes in our significant accounting policies, as compared to the significant accounting policies described in our 2017 Form 10-K, with the exception of the following: Revenue Recognition On January 1, 2018, we adopted ASC 606 using the modified retrospective method applied to contracts that were not completed as of January 1, 2018. On January 1, 2018, we also adopted ASC 340-40 using the modified retrospective method applied to all contracts as of the date of initial application. We apply judgment in determining the customer’s ability and intention to pay. Judgments are made after considering a variety of factors including the customer’s historical payment experience, current creditworthiness, current economic impacts on the customer, past due balances, and significant one-time events or, in the case of a new customer, published credit and financial information. For customer arrangements that include multiple products or services, judgment is required to determine the standalone selling price (“SSP”) for each distinct performance obligation. Where an observable price is not available, we gather all reasonable available data points, consider adjustments based on market conditions, entity-specific factors, and the need to stratify selling prices into meaningful groups (e.g., geographic region) in determining SSP. We allocate the total contract consideration to each distinct performance obligation on a relative SSP basis. Revenue is then recognized in accordance with the timing of the transfer of control of each performance obligation to the customer. Accounting for long-term contracts where we provide information technology system development and implementation services requires significant judgment to estimate total contract revenue and costs. For long-term contracts, we estimate the profit on a contract as the difference between the total estimated revenue and expected costs to complete the services. We then recognize that revenue and profit over the life of the contract. Contract estimates are based on various assumptions to project the outcome of future events that could span several years. A change in our estimate of total costs to complete could affect the profitability of our contracts. We review and update our contract-related estimates regularly, and the effects of changes, if any, are reflected in the Condensed Consolidated Statements of Operations in the period that they are determined. Changes in estimates related to certain types of contracts accounted for using an input method measure of progress, such as cost-to-cost, can occur over the life of a contract for a variety of reasons, including the availability of labor and labor productivity, the nature and complexity of the work to be performed, cost estimates, level of effort and/or other assumptions impacting revenue or cost to perform a contract. We recognize adjustments in estimated profit on contracts under the cumulative catch-up method. Under this method, the impact of the adjustment on profit recorded to date is recognized in the period the adjustment is identified. Revenue and profit in future periods of contract performance is recognized using the adjusted estimate. If, at any time, the estimate of contract profitability indicates an anticipated loss on the contract, we recognize the total loss in the quarter it is identified. Management exercises judgment to determine the period of benefit to amortize contract acquisition costs by considering factors such as expected renewals of customer contracts, duration of customer relationships and our technology development life cycle. Although we believe that the historical assumptions and estimates we have made are reasonable and appropriate, different assumptions and estimates could materially impact our reported financial results. Amortization of deferred contract acquisition costs is included in sales and marketing expense in the Condensed Consolidated Statements of Operations. We periodically review these deferred costs to determine whether events or changes in circumstances have occurred that could impact the period of benefit of these deferred contract acquisition costs. The nature of our products and services are as follows: Hardware . Our hardware, such as Industrial Inkjet printers and Fiery digital front ends (“DFEs”), is generally sold with software that is integral to the functionality of the product. In these cases, the hardware and software license are accounted for as a single performance obligation. The contract consideration is generally in the form of a fixed fee at contract inception and revenue is recognized at the point in time when control is transferred to the customer. Consideration received from customers may include trade-in printers, which are valued at the lower of cost or net realizable value. We offer shipping and handling services to customers related to the sale of hardware. We have elected the practical expedient to account for shipping and handling activities performed after transferring control of goods to our customer as a cost to fulfill the contract. The cost of shipping and handling is accrued at the point in which control transfers to the customer and revenue is recognized. Ink . We typically enter into contracts with our existing customer base of installed printers to purchase ink that is not bundled with other deliverables within the contract. The ink is accounted for as a single performance obligation and revenue is recognized at the point in time when control of the ink is transferred to the customer. Licenses . Our software license arrangements provide the customer with the right to install and use functional intellectual property (as it exists at the point in time at which the license is granted) for the duration of the contract term. Revenue from distinct software licenses is recognized at the point in time when the software is made available to the customer for download. Our software license arrangements are generally comprised of fixed license fees (“license fees”) that are payable upfront, annually, quarterly, or monthly based on negotiated customer payment terms. For software license arrangements in which a significant portion of the license fees are due more than 12 months after the software is delivered to the customer, a significant financing component may exist. The significant financing component is calculated as the difference between the stated value and present value of the software license fees and is recognized as interest income under the effective interest method over the contract term. The total software license fee net of the significant financing component is recognized as revenue at the point in time when the software is made available to the customer for download or when the software is shipped to the customer. In instances where the timing of revenue recognition and the timing of invoicing is one year or less, we follow the practical expedient and do not impute interest for these contracts. Maintenance . Our software license arrangements typically include an initial (bundled) post contract customer support (maintenance or “PCS”) term. Our promise to those customers who elect to purchase PCS represents a distinct, stand-alone performance obligation. Contract consideration is allocated to the PCS based on its relative SSP and revenue is recognized over the PCS term. Professional Services . We provide various professional services to customers, primarily project management, software implementation, non-recurring engineering design, and training. Revenues from arrangements to provide professional services are generally distinct from the other promises in the contract(s). The majority of our professional services contracts are billed on a time and materials basis and revenue is recognized over time as the services are performed. Software as a Service (“SaaS”) . Our SaaS-based arrangements provide customers with continuous access to our software solutions in the form of a service hosted in the cloud. These arrangements may include initial implementation and setup and/or on-going support that represent a single promise (i.e. each individual promised component is not distinct) to provide continuous access to the software solution. Any setup fees associated with our SaaS arrangements are recognized ratably over the contract term plus expected renewal periods. As the customer simultaneously receives and consumes the benefits as access is provided, our performance obligation under our SaaS-based arrangements is comprised of a series of distinct components delivered over time. Our SaaS-based arrangements consideration is typically fixed. Extended Service Plans (“ESP”) . For our hardware arrangements, we enter into contracts with certain customers to provide services to maintain and repair the hardware for an extended period. ESPs are classified as service-type warranties under ASC 606 as they are sold separately and provide services which are incremental to the assurance that the product will perform to the agreed upon standards. The ESPs are accounted for as a separate performance obligation. Revenue from ESPs are recognized ratably over the contract period as the service is provided.

Earnings Per Share

Earnings Per Share	9 Months Ended
	Sep. 30, 2018
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share Net income per basic common share is computed using the weighted average number of common shares outstanding during the period. Net income per diluted common share is computed using the weighted average number of common and dilutive potential common shares outstanding during the period. Potential common shares result from the assumed exercise of outstanding common stock options having a dilutive effect using the treasury stock method, non-vested shares of time-based restricted stock units ("RSUs") having a dilutive effect, non-vested performance-based restricted stock units ("PSUs") for which the performance criteria have been met, shares to be purchased under our Employee Stock Purchase Plan (“ESPP”) having a dilutive effect, the assumed release of shares for the expected satisfaction of contingent consideration based on achievement of specified performance criteria related to the acquisition of Corrugated Technologies, Inc. (“CTI”), the assumed conversion of our Notes having a dilutive effect using the treasury stock method when the stock price exceeds the conversion price of the Notes, as well as the dilutive effect of our warrants when the stock price exceeds the warrant strike price. Our stock price has not exceeded the conversion price of the Notes or the strike price of the warrants during any periods presented. Any potential shares that are anti-dilutive are excluded from the effect of dilutive securities. PSUs and market-based restricted stock units that would be issuable if the end of the reporting period were the end of the vesting period, if the result would be dilutive, are assumed to be outstanding for purposes of determining net income per diluted common share as of the later of the beginning of the period or the grant date. Accordingly, PSUs, which vested on various dates during the three and nine months ended September 30, 2018 and 2017 , based on achievement of specified performance criteria related to revenue, cash flows from operating activities, and non-GAAP operating income targets, are included in the determination of net income per diluted common share as of the beginning of each period. Basic and diluted earnings per share are reconciled as follows (in thousands, except per share amounts): Three Months Ended September 30, Nine Months Ended September 30, 2018 2017 2018 2017 Basic net income per share: Net income available to common shareholders $ 1,920 $ 3,454 $ 2,093 $ 11,000 Weighted average common shares outstanding 44,428 46,348 44,714 46,442 Basic net income per share $ 0.04 $ 0.07 $ 0.05 $ 0.24 Diluted net income per share: Net income available to common shareholders $ 1,920 $ 3,454 $ 2,093 $ 11,000 Weighted average common shares outstanding 44,428 46,348 44,714 46,442 Dilutive stock options and non-vested RSUs and PSUs 926 589 674 660 Weighted average common shares outstanding for purposes of computing diluted net income per share 45,354 46,937 45,388 47,102 Diluted net income per share $ 0.04 $ 0.07 $ 0.05 $ 0.23 Potential shares of common stock that were not included in the determination of diluted net income per share because the impact of including them would have been anti-dilutive or performance conditions have not been met, consisted of the following (in thousands): Three Months Ended September 30, Nine Months Ended September 30, 2018 2017 2018 2017 RSUs & PSUs 626 327 554 304 ESPP purchase rights 41 410 638 342 Total potential shares of common stock excluded from the computation of diluted earnings per share 667 737 1,192 646 The weighted-average number of common shares outstanding does not include the effect of the potential common shares from conversion of our Notes and exercise of our warrants because the effect would have been anti-dilutive since the conversion price of the Notes and the strike price of the warrants exceeded the average market price of our common stock. We have the option to pay cash, issue shares of common stock, or any combination thereof for the aggregate amount due upon conversion of the Notes. Our intent is to settle the principal amount of the Notes in cash upon conversion. As a result, only amounts payable in excess of the principal amount of the Notes are considered in diluted net income per share under the treasury stock method. The Note Hedges are not included in the calculation of diluted net income per share because the effect of any exercise of the Note Hedges would be anti-dilutive. Please refer to Note 9 – Convertible Senior Notes for additional information and definitions.

Segment and Geographic Informat

Segment and Geographic Information	9 Months Ended
	Sep. 30, 2018
Segment Reporting [Abstract]
Segment and Geographic Information	Segment and Geographic Information Operating segment information is presented based on the internal reporting used by the chief operating decision making group (“CODM”) to allocate resources and evaluate operating segment performance. Our segments consist of Industrial Inkjet, Productivity Software, and Fiery. Industrial Inkjet consists of our VUTEk super-wide and wide format display graphics, Nozomi corrugated packaging and display, Reggiani textile, and Cretaprint ceramic tile decoration and building material industrial digital inkjet printers; digital ultra-violet (“UV”) curable, light-emitting diode (“LED”) curable, ceramic, water-based, and thermoforming and specialty inks, as well as a variety of textile inks including dye sublimation, pigmented, reactive dye, acid dye, pure disperse dye, water-based dispersed printing ink, supplies, and coatings; digital inkjet printer parts; and professional services. Printing surfaces include paper, vinyl, corrugated, textile, glass, plastic, aluminum composite, ceramic tile, wood, and many other flexible and rigid substrates. Productivity Software consists of a complete software suite that enables efficient and automated end-to-end business and production workflows for the print and packaging industry. This Productivity Suite also provides tools to enable revenue growth, efficient scheduling, and optimization of processes, equipment, and personnel. Customers are provided the financial and technical flexibility to deploy locally within their business or to be hosted in the cloud. The Productivity Suite addresses all segments of the print industry and consists of the: (i) Packaging Suite, with Radius at its core, for tag & label, cartons, and flexible packaging businesses; (ii) Corrugated Packaging Suite, with CTI at its core, for corrugated packaging businesses, including corrugated control capability using EFI Escada; (iii) Enterprise Commercial Print Suite, with Monarch at its core, for enterprise print businesses; (iv) Publication Print Suite, with Monarch or Technique at its core, for publication print businesses; (v) Midmarket Print Suite, with Pace at its core, for medium size print businesses; (vi) Quick Print Suite, with PrintSmith Vision and essential capabilities of Digital StoreFront at its core, for small printers and in-plant sites; and (vii) Value Added Products, available with the suite and standalone, such as web-to-print, e-commerce, cross media marketing, warehousing, fulfillment, shop floor data collection, and shipping to reduce costs, increase profits, and offer new products and services to their existing and future customers. We also market Optitex computer-aided fashion design (“fashion CAD”) software, which facilitates fast fashion and increased efficiency in the textile and fashion industries. Fiery consists of Fiery and FreeFlow Print Server (“FFPS”), which was acquired from Xerox Corporation (“Xerox”), that transform digital copiers and printers into high performance networked printing devices for the office, commercial and industrial printing markets. This operating segment is comprised of (i) stand-alone DFEs connected to digital printers, copiers, and other peripheral devices, (ii) embedded DFEs and design-licensed solutions used in digital copiers and multi-functional devices, (iii) optional software integrated into our DFE solutions such as Fiery Central, and Graphics Arts Package, (iv) Fiery Self Serve, our self-service and payment solution, and (v) stand-alone software-based solutions such as our proofing, textile, and scanning solutions. Operating income is not reported by operating segment because operating expenses include significant shared expenses and other costs that are managed outside of the operating segments. Such operating expenses include various corporate expenses such as stock-based compensation, corporate sales and marketing, research and development, amortization of identified intangibles, various non-recurring charges, and other separately managed general and administrative expenses. Our revenue and gross profit (i.e., gross profit excluding stock-based compensation expense) by operating segment are summarized as follows (in thousands): Three Months Ended September 30, Nine Months Ended September 30, 2018 2017 2018 2017 Industrial Inkjet Revenue $ 154,902 $ 142,930 $ 453,545 $ 407,886 Gross profit 53,661 53,392 158,351 154,972 Gross profit percentages 34.6 % 37.4 % 34.9 % 38.0 % Productivity Software Revenue $ 40,452 $ 37,171 $ 125,839 $ 111,292 Gross profit 28,394 26,667 88,988 81,431 Gross profit percentages 70.2 % 71.7 % 70.7 % 73.2 % Fiery Revenue $ 61,780 $ 68,258 $ 178,688 $ 204,919 Gross profit 44,368 47,884 128,590 143,821 Gross profit percentages 71.8 % 70.2 % 72.0 % 70.2 % Operating segment profit is reconciled to our Condensed Consolidated Statements of Operations as follows (in thousands): Three Months Ended September 30, Nine Months Ended September 30, 2018 2017 2018 2017 Segment gross profit $ 126,423 $ 127,943 $ 375,929 $ 380,224 Stock-based compensation expense (904 ) (486 ) (2,715 ) (1,985 ) Gross profit $ 125,519 $ 127,457 $ 373,214 $ 378,239 Tangible and intangible assets, net of liabilities, are summarized by operating segment as follows (in thousands): Industrial Inkjet Productivity Software Fiery Corporate and Unallocated Net Assets Total September 30, 2018 Goodwill $ 150,197 $ 170,098 $ 74,077 $ — $ 394,372 Identified intangible assets, net 45,688 24,903 15,655 — 86,246 Tangible assets, net of liabilities 251,948 (26,192 ) 25,738 28,154 279,648 Net tangible and intangible assets $ 447,833 $ 168,809 $ 115,470 $ 28,154 $ 760,266 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 Corporate and unallocated net assets consist of cash and cash equivalents, short-term investments, restricted cash equivalents, corporate headquarters facility, convertible senior notes, imputed financing obligation related to build-to-suit lease, income taxes receivable, and income taxes payable. Revenue by Geographic Region We report revenue by geographic region based on ship-to destination which is summarized as follows (in thousands): Three Months Ended September 30, Nine Months Ended September 30, 2018 2017 2018 2017 Americas $ 134,491 $ 129,488 $ 374,170 $ 353,397 Europe, Middle East, and Africa (“EMEA”) 88,879 85,089 271,064 274,635 Asia Pacific (“APAC”) 33,764 33,782 112,838 96,065 Total revenue $ 257,134 $ 248,359 $ 758,072 $ 724,097

Revenue

Revenue	9 Months Ended
	Sep. 30, 2018
Revenue from Contract with Customer [Abstract]
Revenue	Revenue We derive our revenue primarily from product revenue, which includes industrial digital inkjet printers, ink, and parts; print production software; and DFEs. We receive service revenue from printer maintenance agreements, customer support, training, software development, and consulting. Upon the adoption of ASC 606 and ASC 340-40, we recorded a net increase to our opening balance of retained earnings of $4.7 million as of January 1, 2018, after considering the income tax impact, due to the cumulative effect of adoption. The adoption impact primarily related to capitalizing customer contract acquisition costs consisting of sales commissions, partially offset by an increase in deferred revenue to reflect the deferral of a significant financing component that will be recognized as interest income as payments are received over the contractual terms, and deferral of upfront setup fees that will be recognized ratably over the expected contractual terms. The cumulative effect of applying ASC 606 and ASC 340-40 to active contracts as of the adoption date resulted in the following adjustments to the Condensed Consolidated Balance Sheet as of January 1, 2018 (in thousands): Reported as of ASC 606 Adjustments As Adjusted Assets Accounts receivable, net $ 244,416 $ 102 $ 244,518 Other current assets 41,799 (1,628 ) 40,171 Deferred tax assets 45,083 (1,466 ) 43,617 Other assets 15,504 8,062 23,566 Liabilities Deferred revenue 55,833 (95 ) 55,738 Noncurrent contingent and other liabilities 28,801 491 29,292 Stockholders’ equity: Retained earnings 402,544 4,674 407,218 The impact of adopting ASC 606 and ASC 340-40 on our Condensed Consolidated Statement of Operations is summarized as follows (in thousands): Three Months Ended September 30, 2018 Nine Months Ended September 30, 2018 Amounts in Amounts in Effect of change Amounts in Accordance with ASC 606 Amounts in Accordance with ASC 605 Effect of change higher (lower) Revenue $ 257,134 $ 255,746 $ 1,388 $ 758,072 $ 754,348 $ 3,724 Cost of revenue 131,615 131,067 548 384,858 384,509 349 Gross profit 125,519 124,679 840 373,214 369,839 3,375 Operating expenses 123,404 123,316 88 359,520 359,418 102 Income from operations 2,115 1,363 752 13,694 10,421 3,273 Interest income and other income, net 336 199 137 1,270 823 447 Income (loss) before income taxes (2,345 ) (3,234 ) 889 225 (3,495 ) 3,720 Benefits from income taxes 4,265 4,465 (200 ) 1,868 2,363 (495 ) Net income (loss) 1,920 1,231 689 2,093 (1,132 ) 3,225 The impact of adopting ASC 606 and ASC 340-40 on our Condensed Consolidated Balance Sheet as of September 30, 2018 was as follows (in thousands): Amounts in Accordance with ASC 606 Amounts in Accordance with ASC 605 Effect of change higher (lower) Assets Accounts receivable, net $ 240,150 $ 236,018 $ 4,132 Other current assets 47,814 49,790 (1,976 ) Deferred tax assets 43,265 45,226 (1,961 ) Other assets 34,369 26,409 7,960 Liabilities Deferred revenue 65,181 65,239 (58 ) Noncurrent contingent and other liabilities 17,307 16,993 314 Stockholders’ equity Retained earnings 409,311 401,412 7,899 The following table presents our disaggregated revenue by source (in thousands). Sales and usage-based taxes are excluded from revenue: Three Months Ended September 30, 2018 Nine Months Ended September 30, 2018 Industrial Productivity Fiery Total Industrial Inkjet Productivity Software Fiery Total Major Products and Service Lines: Industrial Inkjet Printers and parts $ 97,846 $ — $ — $ 97,846 $ 283,819 $ — $ — $ 283,819 Ink, supplies, and maintenance 57,056 — — 57,056 169,726 — — 169,726 Productivity Software Licenses — 10,774 — 10,774 — 34,086 — 34,086 Professional services — 7,349 — 7,349 — 22,919 — 22,919 Maintenance and subscriptions — 22,329 — 22,329 — 68,834 — 68,834 Fiery Digital front ends and related products — — 58,257 58,257 — — 167,713 167,713 Maintenance and subscriptions — — 3,523 3,523 — — 10,975 10,975 Total $ 154,902 $ 40,452 $ 61,780 $ 257,134 $ 453,545 $ 125,839 $ 178,688 $ 758,072 Timing of Revenue Recognition: Transferred at a Point in Time $ 149,521 $ 10,774 $ 58,257 $ 218,552 $ 437,780 $ 34,086 $ 167,713 $ 639,579 Transferred Over Time 5,381 29,678 3,523 38,582 15,765 91,753 10,975 118,493 Total $ 154,902 $ 40,452 $ 61,780 $ 257,134 $ 453,545 $ 125,839 $ 178,688 $ 758,072 Recurring/Non-Recurring: Non-Recurring $ 97,846 $ 18,123 $ 58,257 $ 174,226 $ 283,819 $ 57,005 $ 167,713 $ 508,537 Recurring 57,056 22,329 3,523 82,908 169,726 68,834 10,975 249,535 Total $ 154,902 $ 40,452 $ 61,780 $ 257,134 $ 453,545 $ 125,839 $ 178,688 $ 758,072 Remaining Performance Obligations Revenue allocated to remaining performance obligations includes deferred revenue and amounts that will be invoiced and recognized as revenue in future periods (“backlog”). Remaining performance obligations were $105.4 million as of September 30, 2018 , of which we expect to recognize substantially all of the revenue over the next 12 months . Contract Balances Timing of revenue recognition may differ from timing of invoicing to customers. Payment terms and conditions vary by contract. Deferred revenue (contract liability) represents amounts received in advance, or invoiced in advance, for product support contracts, software customer support contracts, consulting and integration projects, SaaS arrangements, or product sales. We defer these amounts when we collect or invoice the customer and then generally recognize revenue either ratably over the support contract term, upon performing the related services, under the cost-to-cost method, or in accordance with our revenue recognition policy. Revenue recognized during the three and nine months ended September 30, 2018 , which was included in deferred revenue as of December 31, 2017 , was $7.6 and $45.3 million , respectively. Unbilled accounts receivable represents contract assets for revenue that have been recognized in advance of billing the customer, which is common for long-term contracts. Billing requirements vary by contract but are generally structured around the completion of certain development milestones. Unbilled accounts receivable as of December 31, 2017 , that were transferred to accounts receivable during the three and nine months ended September 30, 2018 , were $2.7 and $24.6 million , respectively. The following table reflects the balances in unbilled accounts receivable and deferred revenue (in thousands): September 30, 2018 January 1, 2018 Unbilled accounts receivable – current $ 34,830 $ 23,296 Unbilled accounts receivable – noncurrent 3,483 4,122 Deferred revenue – current 65,181 55,738 Deferred revenue – noncurrent 349 565

Supplemental Financial Statemen

Supplemental Financial Statement Information	9 Months Ended
	Sep. 30, 2018
Supplemental Financial Statement Information [Abstract]
Supplemental Financial Statement Information	Supplemental Financial Statement Information Supplemental Cash Flow Information Nine Months Ended September 30, (in thousands) 2018 2017 Net cash paid for income taxes $ 12,765 $ 15,724 Cash paid for interest expense 3,001 3,667 Property, equipment, and intellectual property received, but not paid 639 703 See also Note 10 – Commitments and Contingencies for information about the impact from the termination of our lease in Fremont, CA. Inventories Inventories are summarized as follows (in thousands): September 30, 2018 December 31, 2017 Raw materials $ 52,085 $ 57,061 Work-in-process 13,584 9,792 Finished goods 55,621 58,960 Total $ 121,290 $ 125,813 Deferred Contract Acquisition Costs Certain of our sales incentive programs that meet the definition of an incremental cost of obtaining a customer contract are required to be capitalized under ASC 340-40. We recognize an asset for the incremental costs of obtaining a contract with a customer if we expect the benefit of those costs to be longer than one year. Sales commissions for renewal of a contract may not be commensurate with the commissions paid for the acquisition of the initial contract because commissions are generally not paid on the renewal of a specifically anticipated contract. Sales commissions for initial contracts are deferred and then amortized generally on a straight-line basis over a period of benefit that we have determined to be three to four years . We determined the period of benefit by taking into consideration our customer contracts, our technology, and other factors. Upon adoption of ASC 340-40 on January 1, 2018, we capitalized $8.1 million in contract acquisition costs related to contracts that were not completed. For contracts that have durations of less than one year, we follow the practical expedient and expense these costs when incurred. During the three and nine months ended September 30, 2018 , we amortized $1.1 and $3.3 million of deferred contract acquisition costs, respectively, and we recognized no impairment losses in relation to costs capitalized. During the three and nine months ended September 30, 2018 , an additional $1.1 and $3.2 million of contract acquisition costs were capitalized, respectively. Deferred contract acquisition costs are included within other noncurrent assets in our Condensed Consolidated Balance Sheets. Deferred Cost of Revenue Deferred cost of revenue related to unrecognized revenue on shipments to customers was $1.3 and $3.5 million as of September 30, 2018 and December 31, 2017 , respectively, and is included in other current assets in our Condensed Consolidated Balance Sheets. Product Warranty Reserves Product warranty reserves are included in accrued and other liabilities on our Condensed Consolidated Balance Sheets. The changes in product warranty reserves are as follows (in thousands): Nine Months Ended September 30, 2018 2017 Beginning balance $ 16,335 $ 10,319 Liability assumed upon acquiring FFPS — 9,368 Provisions, net of releases 8,154 9,284 Settlements (11,245 ) (12,588 ) Ending balance $ 13,244 $ 16,383 Equipment Leased to Customers Under Operating Leases, Net Equipment leased to customers under operating leases was as follows (in thousands): September 30, 2018 December 31, 2017 Equipment leased to customers under operating leases $ 7,755 $ 5,432 Accumulated depreciation (3,297 ) (1,927 ) Equipment leased to customers under operating leases, net $ 4,458 $ 3,505 Scheduled minimum future rental revenue on operating leases as of September 30, 2018 was as follows (in thousands): Remainder of 2018 $ 729 2019 2,134 2020 2,590 2021 384 2022 432 Total $ 6,269 Accumulated Other Comprehensive Income (Loss) (“AOCI”) AOCI classified within stockholders’ equity on our Condensed Consolidated Balance Sheets was as follows (in thousands): September 30, 2018 December 31, 2017 Net unrealized investment losses $ (941 ) $ (697 ) Currency translation gains (losses) (6,055 ) 8,794 Net unrealized gain on cash flow hedges — 41 Total $ (6,996 ) $ 8,138 Amounts reclassified out of AOCI, net of tax, were immaterial for all periods presented, and consisted of unrealized gains and losses from investments in debt securities that are reported within interest income and other income, net, in our Condensed Consolidated Statements of Operations.

Accounts Receivable

Accounts Receivable	9 Months Ended
	Sep. 30, 2018
Receivables [Abstract]
Accounts Receivable	Accounts Receivable Financing Receivables Our financing receivables consist of sales-type lease and trade receivables that have an original contractual maturity in excess of one year. Sales-type lease receivables are included within other current assets and other assets, while trade receivables are included in accounts receivable (net of allowances) and other assets. Our financing receivables are summarized as follows (in thousands): September 30, 2018 December 31, 2017 Sales-type lease receivables $ 30,196 $ 16,558 Trade receivables 11,814 12,125 Total financing receivables $ 42,010 $ 28,683 Scheduled to be received in excess of one year $ 23,727 $ 15,191 The credit quality of financing receivables is evaluated on the same basis as trade receivables. An allowance for estimated uncollectible amounts is provided as needed. Accounts Receivable Sales Arrangements Trade receivables are derecognized from our Condensed Consolidated Balance Sheets when sold to third parties upon determining that such receivables are presumptively beyond the reach of creditors in a bankruptcy proceeding. Any recourse obligation is measured using market data from similar transactions and the servicing liability is determined based on the fair value that a third party would charge to service these receivables. These liabilities were determined to not be material as of September 30, 2018 and December 31, 2017 . We have facilities in the U.S. that enable us to sell to third parties, on an ongoing basis, certain trade receivables with recourse. Trade receivables sold with recourse are generally short-term receivables with payment due dates of less than 10 days from the date of sale. Trade receivables sold under these facilities were $3.1 and $13.1 million during the three and nine months ended September 30, 2018 respectively, and $21.4 million during the year ended December 31, 2017 , which approximates the cash received. We have facilities in Europe that enable us to sell to third parties, on an ongoing basis, certain trade receivables without recourse. Trade receivables sold without recourse are generally short-term receivables secured by letters of credit with payment due dates of less than one year. Trade receivables sold under these facilities were $1.1 and $6.8 million during the three and nine months ended September 30, 2018 , respectively, and $5.9 million during the year ended December 31, 2017 , which approximates the cash received. We report collections from the sale of trade receivables to third parties as operating cash flows in the Condensed Consolidated Statements of Cash Flows.

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Sep. 30, 2018
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements We invest our excess cash on deposit with major banks in money market, United States (“U.S.”) Treasury and government-sponsored entity, corporate, municipal government, asset-backed, and mortgage-backed residential debt securities. By policy, we invest primarily in high-grade marketable securities. We are exposed to credit risk in the event of default by the financial institutions or issuers of these investments to the extent of the amounts recorded in our Condensed Consolidated Balance Sheets. We consider all highly liquid investments with an original maturity of three months or less at the time of purchase to be cash equivalents. Typically, the cost of these investments approximates fair value. Marketable investments with a maturity greater than three months are classified as available-for-sale short-term investments. Available-for-sale securities are stated at fair value with unrealized gains and losses reported as a separate component of AOCI, net of tax. The credit portion of any other-than-temporary impairment is included in net income. Realized gains and losses on sales or maturities of financial instruments are recognized upon sale of the investments using the specific identification method. Our available-for-sale short-term investments are summarized as follows (in thousands): Amortized cost Gross unrealized gains Gross unrealized losses Fair value September 30, 2018 U.S. Government and sponsored entities $ 55,322 $ — $ (714 ) $ 54,608 Corporate debt securities 51,345 — (495 ) 50,850 Municipal securities 383 — (4 ) 379 Asset-backed securities 7,020 33 (61 ) 6,992 Mortgage-backed securities – residential 158 — (1 ) 157 Total short-term investments $ 114,228 $ 33 $ (1,275 ) $ 112,986 December 31, 2017 U.S. Government and sponsored entities $ 59,824 $ — $ (660 ) $ 59,164 Corporate debt securities 79,356 — (450 ) 78,906 Municipal securities 382 — (2 ) 380 Asset-backed securities 9,808 44 (47 ) 9,805 Mortgage-backed securities – residential 445 — (3 ) 442 Total short-term investments $ 149,815 $ 44 $ (1,162 ) $ 148,697 The fair value and duration that investments, including cash equivalents, have been in a gross unrealized loss position below are as follows (in thousands): Less than 12 Months More than 12 Months Total Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses September 30, 2018 U.S. Government and sponsored entities $ — $ — $ 54,608 $ (714 ) $ 54,608 $ (714 ) Corporate debt securities 10,159 (90 ) 40,691 (405 ) 50,850 (495 ) Municipal securities 379 (4 ) — — 379 (4 ) Asset-backed securities — — 6,934 (61 ) 6,934 (61 ) Mortgage-backed securities – residential 18 — 86 (1 ) 104 (1 ) Total $ 10,556 $ (94 ) $ 102,319 $ (1,181 ) $ 112,875 $ (1,275 ) December 31, 2017 U.S. Government and sponsored entities $ 23,023 $ (206 ) $ 35,989 $ (454 ) $ 59,012 $ (660 ) Corporate debt securities 45,857 (207 ) 32,634 (243 ) 78,491 (450 ) Municipal securities 378 (2 ) — — 378 (2 ) Asset-backed securities 6,779 (31 ) 2,947 (16 ) 9,726 (47 ) Mortgage-backed securities – residential 162 (2 ) 142 (1 ) 304 (3 ) Total $ 76,199 $ (448 ) $ 71,712 $ (714 ) $ 147,911 $ (1,162 ) For fixed income securities that have unrealized losses as of September 30, 2018 , we do not have the intent to sell any of these investments and it is not more likely than not that we will be required to sell any of these investments before recovery of the entire amortized cost basis. We have evaluated these fixed income securities and determined that no credit losses exist. Accordingly, management has determined that the unrealized losses on our fixed income securities as of September 30, 2018 were temporary in nature. Amortized cost and estimated fair value of investments as of September 30, 2018 , are summarized as follows (in thousands): Amortized cost Fair value Mature in less than one year $ 75,459 $ 74,864 Mature in one to three years 38,769 38,122 Total short-term investments $ 114,228 $ 112,986 Net realized gains from sales of investments are recognized in interest income and other income, net, and were immaterial during the three and nine months ended September 30, 2018 , and September 30, 2017 , respectively. Net unrealized losses of $1.2 and $1.1 million were included in AOCI, net of tax effect, on the Condensed Consolidated Balance Sheets as of September 30, 2018 , and December 31, 2017 , respectively. Fair Value Measurements Our fair value hierarchy is defined as follows: Level 1: Inputs that are quoted prices in active markets for identical assets or liabilities that the reporting entity has the ability to access at the measurement date; Level 2: Inputs that are other than quoted prices included within Level 1, that are either directly or indirectly observable for the asset or liability through correlation with market data at the measurement date for the duration of the instrument’s anticipated life or by comparison to similar instruments; and Level 3: Inputs that are unobservable or reflect management’s best estimate of what market participants would use in pricing the asset or liability at the measurement date. These include management’s own judgments about market participant assumptions developed based on the best information available in the circumstances. We utilize the market approach to measure the fair value of our fixed income securities. The market approach is a valuation technique that uses the prices and other relevant information generated by market transactions involving identical or comparable assets or liabilities. The fair value of our fixed income securities is obtained using readily-available market prices from a variety of industry standard data providers, large financial institutions, and other third-party sources for the identical underlying securities. The fair value of our investments in certain money market funds is expected to maintain a net asset value of $1.00 per share and, as such, is priced at the expected market price. We obtain the fair value of our Level 2 financial instruments from several third-party asset managers, custodian banks, and accounting service providers. Independently, these service providers use professional pricing services to gather pricing data, which may include quoted market prices for identical or comparable instruments or inputs other than quoted prices that are observable either directly or indirectly. As part of this process, we engaged a pricing service to assist management in its pricing analysis and assessment of other-than-temporary impairment. All estimates, key assumptions, and forecasts were either provided by or reviewed by us. While we utilize a third-party pricing service, the impairment analysis and related valuations represent conclusions of management and not conclusions or statements of any third party. Our assets and liabilities measured at fair value by levels within the fair value hierarchy are summarized as follows (in thousands): September 30, 2018 December 31, 2017 Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Assets: Money market funds $ 18,524 $ — $ — $ 18,524 $ 9,897 $ — $ — $ 9,897 U.S. Government and sponsored entities 33,279 21,328 — 54,607 33,261 25,903 — 59,164 Corporate debt securities — 50,850 — 50,850 — 78,906 — 78,906 Municipal securities — 379 — 379 — 380 — 380 Asset-backed securities — 6,934 59 6,993 — 9,754 51 9,805 Mortgage-backed securities – residential — 157 — 157 — 442 — 442 Total $ 51,803 $ 79,648 $ 59 $ 131,510 $ 43,158 $ 115,385 $ 51 $ 158,594 Liabilities: Contingent consideration, current and noncurrent $ — $ — $ 20,323 $ 20,323 $ — $ — $ 35,702 $ 35,702 Self-insurance — — 982 982 — — 902 902 Total $ — $ — $ 21,305 $ 21,305 $ — $ — $ 36,604 $ 36,604 Money market funds have been classified as cash equivalents as of September 30, 2018 , and December 31, 2017 , respectively. Investments are generally classified within Level 1 or Level 2 of the fair value hierarchy because they are valued using quoted market prices or alternative pricing sources with reasonable levels of price transparency. Investments in U.S. Treasury obligations and overnight money market mutual funds have been classified as Level 1 because these securities are valued based on quoted prices in active markets or are actively traded at $1.00 net asset value. There have been no transfers between Level 1 and 2 during the nine months ended September 30, 2018 and 2017 . Government agency investments and corporate debt instruments, including investments in asset-backed and mortgage-backed securities, have generally been classified as Level 2 because markets for these securities are less active or valuations for such securities utilize significant inputs, which are directly or indirectly observable. We hold asset-backed securities with income payments derived from and collateralized by a specified pool of underlying assets. Asset-backed securities in the portfolio are predominantly collateralized by credit cards and auto loans. We also hold mortgage-backed securities which have been fully reserved. Liabilities for Contingent Consideration Acquisition-related liabilities for contingent consideration (i.e., earnouts) as of September 30, 2018 are related to the 2017 acquisitions of Escada Innovations Limited and Escada Systems, Inc. (collectively, “Escada”) and Generation Digital Solutions, Inc. (“Generation Digital”); the 2016 acquisitions of Optitex Ltd. (“Optitex”) and Rialco Limited (“Rialco”); the 2015 acquisitions of Shuttleworth Business Systems Limited and CDM Solutions Limited (collectively, “Shuttleworth”), and CTI; and the 2013 acquisition of PrintLeader Software (“PrintLeader”). The fair value of these earnouts is estimated to be $20.3 and $35.7 million as of September 30, 2018 , and December 31, 2017 , respectively, by applying the income approach in accordance with ASC 805-30-25-5. Key assumptions include risk-free discount rates between 0.6% and 5.0% , as well as probability-adjusted revenue, gross profit, and direct operating income using the Monte Carlo valuation method. Probability-adjusted revenue, gross profit, and direct operating income are significant inputs that are not observable in the market, and are therefore classified as Level 3 inputs. These contingent liabilities have been reflected in the Condensed Consolidated Balance Sheet as of September 30, 2018 , as current and noncurrent liabilities of $8.5 and $11.8 million, respectively. Changes in the fair value of contingent consideration are summarized as follows (in thousands): Three Months Ended September 30, Nine Months Ended September 30, 2018 2017 2018 2017 Liability for Contingent Consideration Beginning balance $ 22,129 $ 61,414 $ 35,702 $ 56,463 Fair value of Generation Digital contingent consideration at August 14, 2017 — 3,600 — 3,600 Changes in valuation 721 75 (12,054 ) 974 Earnout accretion 91 336 194 1,213 Payments and settlements (2,611 ) (10,265 ) (3,361 ) (11,559 ) Foreign currency adjustment (7 ) (1,640 ) (158 ) 2,829 Ending balance $ 20,323 $ 53,520 $ 20,323 53,520 The Optitex, Generation Digital, and Shuttleworth earnout liability valuations decreased, on a combined basis, during the three and nine months ended September 30, 2018 by $1.5 and $14.3 million , respectively, based on recent actual and updated forecasted financial performance data. The Escada earnout liability valuation increased $2.2 million during the three and nine months ended September 30, 2018 . The Optitex, CTI, and Rialco earnout probabilities increased, while the Shuttleworth earnout performance probability decreased, during 2017. The earnout liability valuations increased during the three and nine months ended September 30, 2017 by $0.1 and $1.0 million , respectively. Changes in the fair value of contingent consideration subsequent to the acquisition date are reported in general and administrative expenses. Earnout payments and settlements during the three and nine months ended September 30, 2018 of $2.6 and $3.4 million were primarily related to the Rialco, Generation Digital, and Shuttleworth contingent consideration liabilities. Earnout payments and settlements during the three and nine months ended September 30, 2017 of $10.3 and $11.6 million , respectively, were related to the Reggiani, Optitex, Rialco, and Shuttleworth contingent consideration liabilities. The primary inputs to the fair value measurement of contingent consideration liability are the discount rate and probability-adjusted revenue or earnings targets specified in the acquisition agreements. Accordingly, we reviewed the sensitivity of the fair value measurement to changes in these inputs. We assessed the probability of achieving the revenue and profitability performance targets for contingent consideration associated with each acquisition at percentage levels between 50% and 100% as of each respective acquisition date based on an assessment of the historical performance of each acquired entity, our current expectations of future performance, and other relevant factors. A change in probability-adjusted revenue of five percentage points from the level assumed in the current valuations would result in an increase in the fair value of contingent consideration of $1.8 million or a decrease of $1.2 million . A change in the discount rate of one percentage point would result in an increase in the fair value of contingent consideration of $0.2 million or a decrease of $0.2 million . The potential undiscounted amount of contingent consideration that we could be required to pay related to our business acquisitions, assuming all remaining earnout payments were maximized, would be $11.4 million above amounts currently accrued as of September 30, 2018 . Fair Value of Derivative Instruments We utilize the income approach to measure the fair value of our derivative assets and liabilities. The income approach uses pricing models that rely on market observable inputs such as yield curves, currency exchange rates, and forward prices, and are therefore classified as Level 2 measurements. The notional amount of our derivative assets and liabilities was $209.9 and $239.4 million as of September 30, 2018 and December 31, 2017 , respectively. Fair Value of Convertible Senior Notes In September 2014, we issued $345 million aggregate principal amount of our Notes. The Notes are carried at their original issuance value, net of unamortized debt discount, and are not marked to market each period. The fair value of the Notes as of September 30, 2018 was approximately $340.7 million and was classified as a Level 2 fair value measurement. Fair value was estimated based upon actual quotations obtained at the end of the reporting period or the most recent date available. The market value of our Notes can be in excess of the outstanding principal amount due to the conversion premium.

Derivatives and Hedging

Derivatives and Hedging	9 Months Ended
	Sep. 30, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivatives and Hedging	Derivatives and Hedging We are exposed to market risk and foreign currency exchange risk from changes in foreign currency exchange rates, which could affect operating results, financial position, and cash flows. We manage our exposure to these risks through our regular operating and financing activities and, when appropriate, through use of derivative financial instruments. These derivative financial instruments are used to hedge monetary assets and liabilities, intercompany balances, trade receivables, anticipated cash flows, and to reduce earnings and cash flow volatility resulting from shifts in foreign currency exchange rates. Our objective is to offset gains and losses resulting from these exposures with losses and gains on the derivative contracts used to hedge them, thereby reducing volatility of earnings or protecting fair values of assets and liabilities. We do not have any leveraged derivatives, nor do we use derivative contracts for speculative purposes. We present the fair value of all open derivative instruments, including those embedded in other contracts, as assets or liabilities on our Condensed Consolidated Balance Sheets. The related cash flow impacts of our derivative contracts are reflected as cash flows from operating activities. Our exposures are primarily related to non-U.S. dollar-denominated revenue in Europe, the U.K., Latin America, China, Israel, and Australia, and to non-U.S. dollar-denominated operating expenses in Europe, India, the U.K., China, Israel, Brazil, and Australia. From time to time we have hedged our operating expense cash flow exposure in Indian rupees. We hedge balance sheet remeasurement exposure associated with British pound sterling, Canadian dollar, Chinese renminbi, Brazilian real, Israeli shekel, Japanese yen, and Euro-denominated intercompany balances; Brazilian real, British pound sterling, Australian dollar, Chinese renminbi, Israeli shekel, and Euro-denominated trade receivables; and British pound sterling, Israeli shekel, Canadian dollar, and Euro-denominated net monetary assets. By their nature, derivative instruments involve, to varying degrees, elements of market and credit risk. The market risk associated with these instruments resulting from currency exchange movement is expected to offset the market risk of the underlying transactions, assets, and liabilities being hedged. Under our master netting agreements with our foreign currency derivative counterparties, we are allowed to net transactions of the same currency with a single net amount payable by one party to the other. The derivatives held by us are not subject to any credit contingent features negotiated with these counterparties. We are not required to pledge cash collateral related to these foreign currency derivative contracts. We do not believe there is significant risk of loss from non-performance by the counterparty associated with these instruments because, by policy, we only deal with counterparties having a minimum investment grade or better credit rating. Credit risk is managed through the continuous monitoring of exposures to such counterparties. Cash Flow Hedges We did not have any foreign currency derivative contracts designated as cash flow hedges as of September 30, 2018 nor during the nine months ended September 30, 2018 . Our foreign currency derivative contracts designated as cash flow hedges for our Indian rupee operating expenses were in the notional amount of $3.9 million as of December 31, 2017 . The fair value of the net assets (liabilities) related to these cash flow hedges were not material. The changes in fair value of these contracts are reported as a component of AOCI and reclassified to operating expense in the periods of payment of the hedged operating expenses. The amount of ineffectiveness that was recorded in the Condensed Consolidated Statements of Operations for these designated cash flow hedges was immaterial. All components of each derivative’s gain or loss were included in the assessment of hedge effectiveness. Balance Sheet Hedges Our forward contracts are not designated for hedge accounting treatment since there is a natural offset for the remeasurement of the underlying foreign currency denominated asset or liability. We recognize changes in the fair value of non-designated derivative instruments in earnings in the period of change. Gains and losses on foreign currency forward contracts used to hedge balance sheet exposures are recognized in interest income and other income, net, in the same period as the remeasurement gain or loss of the related foreign currency denominated assets and liabilities. Our forward contracts not designated for hedge accounting treatment consisted of hedges of Australian dollar, British pound sterling, Brazilian real, Canadian dollar, Chinese renminbi, Euro, Israeli shekel and Japanese yen. These balance sheet hedges cover currency exposures in the following line items in the notional amounts indicated (in thousands): Balance sheet categories September 30, 2018 December 31, 2017 Accounts Receivable $ 46,574 $ 44,427 Other assets and liabilities, net 38,185 46,550 Intercompany balances 125,189 144,477 Total $ 209,948 $ 235,454

Convertible Senior Notes

Convertible Senior Notes	9 Months Ended
	Sep. 30, 2018
Debt Disclosure [Abstract]
Convertible Senior Notes	Convertible Senior Notes 0.75% Convertible Senior Notes Due 2019 In September 2014, we completed a private placement of $345 million principal amount of 0.75% Convertible Senior Notes due September 1, 2019 . The net proceeds from this offering were approximately $336.3 million , after deducting the initial purchasers’ commissions and the offering expenses paid by us. We used approximately $29.4 million of the net proceeds to purchase the Note Hedges described below, net of the proceeds from the Warrant transactions also described below. The Notes are senior unsecured obligations of EFI with interest payable semiannually in arrears on March 1 and September 1 of each year. The Notes are not callable and will mature on September 1, 2019, unless previously purchased or converted in accordance with their terms prior to such date. Holders of the Notes who convert in connection with a “fundamental change,” as defined in the indenture governing the Notes (“Indenture”), may require us to purchase for cash all or any portion of their Notes at a purchase price equal to 100 percent of the principal amount of the Notes to be repurchased, plus accrued and unpaid interest, if any. The initial conversion rate is 18.9667 shares of common stock per $1,000 principal amount of Notes, which is equivalent to an initial conversion price of approximately $52.72 per share of common stock. Upon conversion of the Notes, holders will receive cash, shares of common stock or a combination thereof, at our election. Our intent is to settle the principal amount of the Notes in cash upon conversion. If the conversion value exceeds the principal amount, we would deliver shares of our common stock for our conversion obligation in excess of the aggregate principal amount. As of September 30, 2018 , none of the conditions allowing holders of the Notes to convert had been met. We separated the Notes into liability and equity components. The excess of the principal amount of the liability component over its carrying amount (“debt discount”) is amortized to interest expense over the term of the Notes using the effective interest method with an effective interest rate of 4.98% per annum ( 5.46% inclusive of debt issuance costs). The equity component is not remeasured if it continues to meet the conditions for equity classification. We allocated the total transaction costs incurred by the issuance of the Notes to the liability and equity components based on their relative values. Issuance costs of $7.0 million attributable to the $281.4 million liability component are being amortized to expense over the term of the Notes, and issuance costs of $1.6 million attributable to the $63.6 million equity component were offset against the equity component in stockholders’ equity. Additionally, we recorded a deferred tax liability of $23.7 million on the debt discount, which is not deductible for tax purposes. The Notes consisted of the following (in thousands): September 30, 2018 December 31, 2017 Liability component $ 345,000 $ 345,000 Debt discount, net of amortization (12,975 ) (23,178 ) Debt issuance costs, net of amortization (1,658 ) (2,865 ) Net carrying amount $ 330,367 $ 318,957 Equity component $ 63,643 $ 63,643 Less: debt issuance costs allocated to equity (1,582 ) (1,582 ) Net carrying amount $ 62,061 $ 62,061 Interest expense recognized on the Notes was as follows (in thousands): Three Months Ended September 30, Nine Months Ended September 30, 2018 2017 2018 2017 0.75% coupon $ 647 $ 647 $ 1,948 $ 1,933 Amortization of debt discount 3,448 3,265 10,203 9,627 Amortization of debt issuance costs 407 388 1,207 1,144 Total $ 4,502 $ 4,300 $ 13,358 $ 12,704 Note Hedges We paid an aggregate of $63.9 million in convertible note hedge transactions with respect to our common stock (“Note Hedges”) in September 2014. The Note Hedges will expire upon maturity of the Notes. The Note Hedges are intended to offset the potential dilution upon conversion and/or offset any cash payments we are required to make in excess of the principal amount upon conversion of the Notes in the event that the market value per share of our common stock, as measured under the terms of the Note Hedges, is greater than the strike price of the Note Hedges. The strike price of the Note Hedges initially corresponded to the conversion price of the Notes and is subject to anti-dilution adjustments substantially similar to those applicable to the conversion price of the Notes. The Note Hedges are separate transactions and are not part of the Notes. Holders of the Notes will not have any rights with respect to the Note Hedges. Warrants Concurrently with entering into the Note Hedges, we separately sold Warrants to acquire shares of our common stock at a strike price of $68.86 per share (the "Warrants"). We received aggregate proceeds of $34.5 million from the sale of the Warrants. If the average market value per share of our common stock for the reporting period, as measured under the Warrants, exceeds the strike price of the Warrants, the Warrants will have a dilutive effect on our earnings per share. The Warrants are separate transactions and are not part of the Notes or the Note Hedges and are accounted for as a component of additional paid-in capital. Holders of the Notes and Note Hedges will not have any rights with respect to the Warrants.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2018
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Contingent Consideration We are required to make payments to the former stockholders of acquired companies based on the achievement of specified performance targets as explained in Note 7 – Fair Value Measurements . Lease Commitments and Contractual Obligations As of September 30, 2018 , we have leased certain of our current facilities and vehicles under noncancelable operating lease agreements. We are required to pay property taxes, insurance, and nominal maintenance costs for certain of these facilities and vehicles, and any increases over the base year of these expenses on the remainder of these leases. Lease Termination On July 27, 2018 , we executed an agreement (the “Termination Agreement”) to terminate the lease agreement dated April 19, 2013 between John Arrillaga Survivor’s Trust, represented by John Arrillaga, Trustee, and Richard T. Peery Separate Property Trust, represented by Richard T. Peery, Trustee and the Company, pursuant to which the Company had leased a portion of an approximately 108,000 square foot, two-story building located at 6700 Dumbarton Circle, Fremont, CA, adjacent to the Company’s headquarters. The Termination Agreement was effective July 31, 2018 . The Company moved its operations and personnel from the formerly leased facility into our headquarters building in July 2018. Prior to executing the Termination Agreement, the underlying lease had a remaining term of ten years and minimum noncancelable lease payments of $16.0 million . For accounting purposes, we were considered the owner of the building and had recorded the asset at a net book value of $13.7 million in property and equipment, net, on our Condensed Consolidated Balance Sheet prior to the termination. As of July 31, 2018 , we derecognized the lease asset and removed the corresponding liability of $14.5 million , which represented the present value of the lease obligation, from our Condensed Consolidated Balance Sheet. The Termination Agreement required us to pay total penalties of $0.8 million . The net loss from this lease termination of $0.1 million was charged to restructuring expense during the three months ended September 30, 2018. Assets Held for Sale During the fourth quarter of 2017, our management approved a plan to sell approximately 31.5 acres of land and two manufacturing buildings located at One Vutek Place and 189 Waukewan Street, Meredith, New Hampshire, consisting of 163,000 total square feet. These assets, which were previously recorded within property and equipment, net at a net book value of $5.1 million , were reclassified as assets held for sale upon the approval of the plan. We recognized an impairment charge of $0.9 million in the fourth quarter of 2017, and reported the assets at $4.2 million on our Condensed Consolidated Balance Sheet as of December 31, 2017. During the three months ended September 30, 2018 , we sold the 189 Waukewan Street land and building for net proceeds of $1.1 million and recognized a gain of $0.1 million . The One Vutek Place land and building remained in assets held for sale at a total value of $3.1 million as of September 30, 2018 on the Condensed Consolidated Balance Sheet and are actively being marketed. Off-Balance Sheet Financing – Lease Arrangements On August 26, 2016, we entered into a lease agreement with a lease term of 48.5 years , inclusive of two renewal options of 5.0 and 3.5 years , with the City of Manchester, NH to lease 16.9 acres adjacent to the Manchester Regional Airport. The land is subleased to MUFG Americas Capital Leasing & Finance, LLC (“MUFG”), formerly Bank of Tokyo – Mitsubishi UFJ Leasing & Finance LLC, during the term of the lease related to the manufacturing facility that was constructed on the site, which is described below. Minimum lease payments are $13.3 million during the entire 48.5 -year term of the land lease, excluding six months of the land lease that were financed into the manufacturing facility lease. On August 26, 2016, we entered into a six -year lease with MUFG whereby a 225,000 -square foot manufacturing and warehouse facility was constructed for our Industrial Inkjet operating segment at a cost of $39.8 million . Construction was completed in April 2018. Minimum lease payments during the initial six -year term are $1.8 million . Upon completion of the initial six -year term, we have the option to renew the lease, purchase the facility, or return the facility to MUFG subject to an 89% residual value guarantee under which we would recognize additional rent expense in the form of a variable rent payment. We have assessed our exposure in relation to the residual value guarantee and believe that there is no deficiency to the guaranteed value as of September 30, 2018 . During the construction period, we were required to maintain restricted cash equivalents or restricted investments equal to the amount expended to date on the construction of the building as collateral. The funds were deposited with a third-party trustee and were restricted during the construction period. Upon completion of construction, $39.8 million was deposited with MUFG and is restricted as collateral until the end of the underlying building lease period. Legal Proceedings From time to time, we are involved in a variety of claims, lawsuits, investigations, or proceedings relating to contractual disputes, securities laws, intellectual property rights, employment, or other matters that may arise in the normal course of business. We assess our potential liability in each of these matters by using the information available to us. We develop our views on estimated losses in consultation with inside and outside counsel, which involves a subjective analysis of potential results and various combinations of appropriate litigation and settlement strategies. We accrue estimated losses from contingencies if a loss is deemed probable and can be reasonably estimated. As of September 30, 2018 , we are subject to the matters described below: Matan Digital Printing (“MDG”) Matter. EFI acquired Matan Digital Printers (“Matan”) in 2015 from sellers (the “2015 Sellers”) that had acquired Matan Digital Printing Ltd. from other sellers in 2001 (the “2001 Sellers”). The 2001 Sellers have asserted a claim against the 2015 Sellers and Matan asserting that they are entitled to a portion of the 2015 Sellers’ proceeds from EFI’s acquisition. The 2015 Sellers dispute this claim and have agreed to indemnify EFI against the 2001 Sellers’ claim. We do not believe that it is probable that we will incur a loss in the resolution of this matter. It is reasonably possible, however, that our financial statements could be materially affected by an unfavorable resolution and we could incur a material loss in this matter. We estimate the range of loss to be between one dollar and $10.1 million . If we incur a loss in this matter, it will be offset by a receivable of an equal amount representing a claim for indemnification against the escrow account established in connection with the Matan acquisition. Purported Class Action Lawsuit. On August 10, 2017, a putative class action was filed against the Company and its two named executive officers in the United States District Court for the District of New Jersey, captioned Pipitone v. Electronics For Imaging, Inc ., No. 2:17-cv-5992 (D.N.J.). A First Amended Complaint was filed on February 20, 2018. The plaintiffs allege, among other things, that statements by the Company and its officers about the Company’s financial reporting, revenue recognition, internal controls, and disclosure controls and procedures were false or misleading. The complaint seeks an unspecified amount of damages, interest, attorneys’ fees, and other costs, on behalf of a putative class of individuals and entities that purchased or otherwise acquired EFI securities from February 22, 2017 through August 3, 2017. EFI filed a motion to dismiss on April 23, 2018. The plaintiffs filed an opposition on May 23, 2018, and EFI filed its reply brief on June 13, 2018. A hearing on EFI’s motion to dismiss has not yet been scheduled. At this time, we do not believe it is probable that we will incur a material loss in this matter. However, it is reasonably possible that our financial statements could be materially affected by an unfavorable resolution of this matter. Since this matter is in the preliminary stages, we are not yet in a position to estimate the amount or range of reasonably possible loss that may be incurred. Purported Derivative Shareholder Lawsuits. On August 22, 2017, a purported derivative shareholder complaint was filed in the Superior Court of the State of California for the County of Alameda captioned Schiffmiller v. Gecht , No. RG17873197. A First Amended Complaint was filed on April 13, 2018. The complaint makes claims derivatively and on behalf of the Company as nominal defendant against the Company’s named executive officers and directors for alleged breaches of fiduciary duties and unjust enrichment, and alleges, among other things, that statements by the Company and its officers about the Company’s financial reporting, revenue recognition, internal controls, and disclosure controls and procedures were false or misleading. The complaint alleges the Company has suffered damage as a result of the individual defendants’ alleged actions, and seeks an unspecified amount of damages, restitution, and declaratory and other relief. The derivative action has been stayed pending the resolution of the Pipitone class action described above. At this time, we do not believe it is probable that we will incur a material loss in this matter. However, it is reasonably possible that our financial statements could be materially affected by an unfavorable resolution of this matter. Because this matter has been stayed pending resolution of the Pipitone class action described above, we are not yet in a position to estimate the amount or range of reasonably possible loss that may be incurred. Other Matters. As of September 30, 2018 , we were subject to various other claims, lawsuits, investigations, and proceedings in addition to the matters discussed above. There is at least a reasonable possibility that additional losses may be incurred in excess of the amounts that we have accrued. However, we believe that these claims are not material to our financial statements or the range of reasonably possible losses is not reasonably estimable. Litigation is inherently unpredictable, and while we believe that we have valid defenses with respect to legal matters pending against us, our financial statements could be materially affected in any particular period by the unfavorable resolution of one or more of these contingencies or because of the diversion of management’s attention and the incurrence of significant expenses.

Stock Repurchase Program

Stock Repurchase Program	9 Months Ended
	Sep. 30, 2018
Equity [Abstract]
Stock Repurchase Programs	Stock Repurchase Program On September 11, 2017, the board of directors approved the repurchase of an additional $125 million for our share repurchase program commencing September 11, 2017 and expiring on December 31, 2018 . The board of directors had previously authorized $150 million under the program in November 2015. Under this publicly announced program, we repurchased 1,614,166 and 1,019,544 shares for an aggregate purchase price of $50.5 and $47.0 million during the nine months ended September 30, 2018 and 2017 , respectively. As of September 30, 2018 , $58.9 million remained authorized for repurchases under this program. Our employees have the option to surrender shares of common stock to satisfy their tax withholding obligations that arise on the vesting of RSUs, the exercise price of certain stock options, and any tax withholding obligations incurred from exercise of stock options. Employees surrendered 63,107 and 233,159 shares at an aggregate value of $2.0 and $10.0 million during the nine months ended September 30, 2018 and 2017 , respectively.

Stock-based Compensation

Stock-based Compensation	9 Months Ended
	Sep. 30, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-based Compensation	Stock-based Compensation Stock-based compensation expense related to ESPP purchase rights and RSUs is summarized as follows (in thousands): Three Months Ended September 30, Nine Months Ended September 30, 2018 2017 2018 2017 Stock-based compensation expense by type of awards RSUs $ 10,587 $ 3,545 $ 25,793 $ 18,875 ESPP purchase rights 1,336 1,103 4,685 3,666 Total stock-based compensation expense 11,923 4,648 30,478 22,541 Income tax benefit (1,747 ) (1,525 ) (4,437 ) (6,929 ) Stock-based compensation expense, net of tax $ 10,176 $ 3,123 $ 26,041 $ 15,612 Valuation Assumptions for ESPP Purchase Rights and Stock Options We use the Black-Scholes-Merton (“BSM”) option pricing model to value stock-based compensation for all equity awards, except market-based awards, which are valued using the Monte Carlo valuation model. We value RSUs at the closing market price on the date of grant. The estimated weighted average fair value per share and underlying assumptions of ESPP purchase rights issued were as follows: Nine Months Ended September 30, 2018 2017 Weighted average fair value per share $13.91 $12.09 Expected volatility 37 % — 80% 24 % — 28% Risk-free interest rate 2.2 % — 2.7% 0.7 % — 1.3% Expected term (in years) 0.5 — 2.0 0.5 — 2.0 No stock options were granted during the nine months ended September 30, 2018 and 2017 . As of September 30, 2018 , 100,000 shares underlying stock options are outstanding and exercisable. They are time-based options with an aggregate intrinsic value of $1.8 million , a weighted average exercise price of $16.00 per share, and remaining contractual term of 0.7 years . Aggregate intrinsic value for stock options represents the difference between the closing price per share of our common stock on the last trading day of the period and the option exercise price, multiplied by the number of in-the-money stock options outstanding, vested and expected to vest, and exercisable as of September 30, 2018 . Non-vested RSUs Non-vested RSUs were awarded to employees under our equity incentive plans. Non-vested RSUs do not have the voting rights of common stock and the shares underlying non-vested RSUs are not considered issued and outstanding. Non-vested RSUs generally vest over a service period of one to four years. The compensation expense incurred for these service-based awards is based on the closing market price of our stock on the date of grant and is amortized on a graded vesting basis over the requisite service period. Non-vested RSU activity during the nine months ended September 30, 2018 is summarized below (shares in thousands): Time-based Performance-based Market-based Total Shares Weighted average grant date fair value Shares Weighted average grant date fair value Shares Weighted average grant date fair value Shares Weighted average grant date fair value Non-vested at January 1, 2018 1,048 $ 35.76 1,209 $ 42.18 23 $ 35.15 2,280 $ 39.16 Granted 985 31.31 829 30.92 — — 1,814 31.13 Vested (287 ) 40.04 (20 ) 44.84 — — (307 ) 40.36 Forfeited (96 ) 34.90 (614 ) 44.65 — — (710 ) 43.33 Non-vested at September 30, 2018 1,650 32.41 1,404 34.42 23 35.15 3,077 33.35 Vested RSUs The grant date fair value of RSUs vested during the nine months ended September 30, 2018 was $12.4 million . The aggregate intrinsic value of RSUs vested and expected to vest as of September 30, 2018 was $57.7 million and the remaining weighted average vesting period was 1.08 years . Aggregate intrinsic value for RSUs vested and expected to vest represents the closing market price per share of our common stock on the last trading day of the period, multiplied by the number of RSUs vested and expected to vest as of September 30, 2018 . RSUs expected to vest represent time-based RSUs unvested and outstanding as of September 30, 2018 , and performance-based RSUs for which the requisite service period has not been rendered, but are expected to vest based on the achievement of performance conditions. Performance-based RSUs that vested based on certain financial results achieved are expensed in the period that the performance and related service criteria were met. Valuation Assumptions for Performance-based and Market-based RSUs Performance-based stock options, market-based RSUs, and market-based stock options were not granted during the nine months ended September 30, 2018 . We use the BSM option pricing model to value performance-based RSUs. The weighted average grant date fair value per share of performance-based RSUs granted and the assumptions used to estimate grant date fair value are as follows: Short-term Long-term Nine Months Ended September 30, 2018 Grant date fair value per share $ 28.26 $ 34.56 Service period (years) 1.0 3.0 Nine Months Ended September 30, 2017 Grant date fair value per share $ 47.23 $ 45.96 Service period (years) 1.0 2.0 – 3.0 Our performance-based RSUs generally vest when specified performance criteria are met based on bookings, revenue, cash provided by operating activities, non-GAAP operating income, non-GAAP earnings per share, revenue growth compared to market comparables, non-GAAP earnings per share growth compared to cash flow from operating activities growth, or other targets during the service period; otherwise, they are forfeited. Non-GAAP operating income is operating income determined in accordance with GAAP, adjusted to remove the impact of certain items and the related tax effects. Non-GAAP earnings per share is net income determined in accordance with GAAP, adjusted to remove the impact of certain items, and the related tax effects, divided by the weighted average number of common shares and dilutive potential common shares outstanding during the period. The grant date fair value per share determined in accordance with the BSM valuation model is being amortized over the service period of the performance-based awards. The probability of achieving the performance criteria was determined based on review of the actual results achieved thus far by each business unit compared with the operating plan during the service period as well as the overall expectations of the business unit. Stock-based compensation expense was adjusted based on the updated fair value resulting from this probability assessment. As actual results are achieved during the service period, the probability assessment is updated and stock-based compensation expense is adjusted accordingly. Market-based awards that were granted in prior periods vest when our average closing stock price exceeds defined multiples of the closing stock price for 90 consecutive trading days. If these multiples are not achieved by the expiration date, the awards are forfeited. The grant date fair value is amortized over the average derived service period of the awards. The average derived service period and total fair value were determined using a Monte Carlo valuation model based on our assumptions, which include a risk-free interest rate and implied volatility.

Restructuring and Other

Restructuring and Other	9 Months Ended
	Sep. 30, 2018
Restructuring and Related Activities [Abstract]
Restructuring and Other	Restructuring and Other During the nine months ended September 30, 2018 and 2017 , we continued to analyze and re-align our cost structure following our business acquisitions. These charges primarily relate to integrating recently acquired businesses, consolidating facilities, eliminating redundancies, and lowering our operating expense run rate. Restructuring and other consists primarily of restructuring, severance, short-term retention costs, facility downsizing and relocation, and acquisition integration expenses. Restructuring and other costs were $2.8 and $10.5 million during the three and nine months ended September 30, 2018 , respectively, and were $0.8 and $5.4 million during the three and nine months ended September 30, 2017 , respectively. Restructuring and other costs include severance charges of $1.6 and $5.9 million related to reductions in head count of 30 and 113 during the three and nine months ended September 30, 2018 , respectively; and $0.3 and $3.8 million related to reductions in head count of 15 and 128 during the three and nine months ended September 30, 2017 , respectively. Severance costs include severance payments, retention payments, related employee benefits, outplacement fees, recruiting, and employee relocation costs. Facilities relocation and downsizing expenses were $0.4 and $1.4 million during the three and nine months ended September 30, 2018 , respectively; and were $0.4 and $0.6 million during the three and nine months ended September 30, 2017 , respectively. These expenses were primarily related to the relocation of certain manufacturing and administrative locations due to reduced space requirements. Integration expenses of $0.9 and $3.2 million during the three and nine months ended September 30, 2018 , respectively, and $0.2 and $1.0 million during the three and nine months ended September 30, 2017 , respectively, were incurred for the integration of our business acquisitions. Restructuring and other reserve activities are summarized as follows (in thousands): Nine Months Ended September 30, 2018 2017 Beginning reserve balance $ 2,452 $ 1,824 Restructuring charges 6,289 4,101 Other charges 4,188 1,321 Non-cash restructuring and other (686 ) (182 ) Payments (9,751 ) (4,720 ) Ending reserve balance $ 2,492 $ 2,344

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2018
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes We recognized tax benefit s of $4.3 and $1.9 million on pretax loss of $2.3 and pretax income of $0.2 million during the three and nine months ended September 30, 2018 , respectively; and tax provision s of $0.8 and $0.8 million on pretax net income of $4.2 and $11.8 million during the three and nine months ended September 30, 2017 , respectively. The benefit from (provision for) income taxes before discrete items reflected in the table below was a benefit of $0.9 and a provision of $0.1 million during the three and nine months ended September 30, 2018 , respectively, and provisions of $2.0 and $4.5 million during the three and nine months ended September 30, 2017 , respectively. The decrease in the provision for income taxes before discrete items for the three and nine months ended September 30, 2018 , compared with the same periods in the prior year, was primarily due to decreased profitability before income taxes. Primary differences between our provision for income taxes before discrete items and the income tax provision at the U.S. statutory rate include taxes on permanently reinvested foreign earnings, the tax effects of stock-based compensation expense which are non-deductible for tax purposes, and the U.S. Research and Development Credit. Our tax benefit from (provision for) income taxes before discrete items is reconciled to our recorded benefit from (provision for) income taxes, as follows (in thousands): Three Months Ended September 30, Nine Months Ended September 30, 2018 2017 2018 2017 Benefit from (provision for) income taxes before discrete items $ 932 $ (1,973 ) $ (105 ) $ (4,517 ) Interest related to unrecognized tax benefits 71 — (154 ) (121 ) Benefit from (provision for) stock-based compensation, including ESPP dispositions 112 (363 ) 86 1,934 Benefit from reversals of uncertain tax positions 2,333 1,845 2,528 1,825 Benefit from (provision for) reassessment of taxes upon filing tax returns 135 (300 ) 213 (396 ) Benefit from (provision for) reassessment of taxes upon tax law change — — (160 ) 480 Benefit from (provision for) deemed repatriation transition tax 682 — (540 ) — Benefit from (provision for) income taxes $ 4,265 $ (791 ) $ 1,868 $ (795 ) On December 22, 2017, the 2017 Tax Act was enacted by the U.S. government. The 2017 Tax Act made broad and complex changes to the U.S. tax code that impact the nine months ended September 30, 2018 and year ended December 31, 2017 , including, but not limited to, lowering the U.S. corporate income tax rate from 35% to 21% effective January 1, 2018, imposing a one-time deemed repatriation transition tax, and the remeasurement of U.S. deferred tax assets and liabilities. The SEC issued SAB 118, which allows us to record a provisional estimate of the income tax effects of the 2017 Tax Act in the period in which we can make a reasonable estimate of its effects. We recorded a $27.5 million tax charge in the year ended December 31, 2017 as a provisional estimate. This provisional estimate included an estimated charge of $17.0 million related to the deemed repatriation transition tax, which is comprised of a gross transition tax of $27.0 million offset by foreign tax credits of $10.0 million . In addition, we recorded a $10.5 million charge related to the remeasurement of U.S. deferred tax assets and liabilities in the year ended December 31, 2017 . While we have calculated a reasonable estimate of the impact of the U.S. tax rate reduction and the amount of the deemed repatriation transition tax, we are gathering additional information to refine and finalize our calculation of the impacts of the 2017 Tax Act on our U.S. deferred tax assets and liabilities, the deemed repatriation transition tax, and other provisions associated with the 2017 Tax Act. As an adjustment to our December 2017 provisional estimate, we recorded a benefit of $0.7 million and a provision of $0.5 million for federal and state taxes related to the deemed repatriation transition tax during the three and nine months ended September 30, 2018 , respectively. As we obtain additional information, we will finalize the calculation of the income tax effects of the 2017 Tax Act in the fourth quarter of 2018. The 2017 Tax Act also created a global intangible low-tax income (“GILTI”) provision, which is a minimum tax on certain foreign earnings, commencing in the year ending December 31, 2018. The amount of future U.S. inclusions in taxable income related to GILTI depends on our current structure, estimated future results of global operations, and our intent and ability to modify our structure and/or our business. We are not yet able to provide a reasonable estimate of the effect of this provision of the 2017 Tax Act. Therefore, we have not made any adjustments related to the potential GILTI tax in our financial statements and have not made a policy decision regarding whether to record deferred taxes associated with GILTI. Any subsequent adjustment to the deferred tax amounts related to GILTI (or other computations) will be recorded as a tax expense in the fourth quarter of 2018 when our analysis is complete. As of September 30, 2018 , and December 31, 2017 , gross unrecognized benefits that would impact the effective tax rate if recognized were $30.8 and $33.9 million , respectively. Over the next twelve months, our existing tax positions will continue to generate increased liabilities for unrecognized tax benefits. It is reasonably possible that our gross unrecognized tax benefits will decrease up to $6.9 million in the next twelve months. These adjustments, if recognized, would positively impact our effective tax rate, and would be recognized as additional tax benefits in our Condensed Consolidated Statements of Operations. $15.5 million of gross unrecognized tax benefits were offset against deferred tax assets as of September 30, 2018 , and the remaining $15.3 million has been recorded as noncurrent income taxes payable. We are open to assessment by the Internal Revenue Service (“IRS”) for the 2015-2017 tax years, state tax jurisdictions for the 2013-2017 tax years, the Netherlands tax authority for the 2014-2016 tax years, the Spanish tax authority for the 2014-2017 tax years, the Israel tax authority for the 2014-2016 tax years, and the Italian tax authority for the 2013-2016 tax years.

Basis of Presentation and Sig_2

Basis of Presentation and Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2018
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited interim condensed consolidated financial statements (“condensed consolidated financial statements”) include the accounts of Electronics For Imaging, Inc. and its subsidiaries (“EFI” or “Company”). All intercompany accounts and transactions have been eliminated in consolidation. These condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States (“GAAP”) for interim financial information, rules and regulations of the Securities and Exchange Commission (“SEC”) for interim financial statements, and accounting policies consistent in all material respects with those applied in preparing our audited annual consolidated financial statements included in our Annual Report on Form 10-K, as amended by Amendment No. 1, for the year ended December 31, 2017 (the “2017 Form 10-K”). These condensed consolidated financial statements and accompanying notes should be read in conjunction with our annual consolidated financial statements and notes included in the 2017 Form 10-K. In the opinion of management, these condensed consolidated financial statements reflect all adjustments, including normal recurring adjustments, management considers necessary for the fair presentation of our financial position, operating results, comprehensive income, and cash flows for the interim periods presented. Our results for the interim periods are not necessarily indicative of results for the entire year. Out-of-Period Adjustments In the nine months ended September 30, 2017, we recorded out-of-period adjustments related to certain bill and hold transactions, which decreased revenue by $3.4 million , gross profit by $0.5 million , and net income by $0.3 million (or $0.01 per diluted share). We evaluated these adjustments considering both qualitative and quantitative factors and their impact in relation to each period, as well as the periods in which they originated. The impact of recognizing these adjustments in prior years was not significant to any individual period. Management believes the adjustments are immaterial to these condensed consolidated financial statements for the nine months ended September 30, 2017 and all previously issued financial statements.
Recent Accounting Pronouncements	Recently Adopted Accounting Pronouncements Revenue Recognition . Effective January 1, 2018, we adopted Accounting Standards Codification (“ASC”) 606 Revenue from Contracts with Customers (“ASC 606”) using the modified retrospective method applied to all incomplete contracts as of the date of initial application. ASC 606 supersedes the revenue recognition requirements in ASC 605, Revenue Recognition (“ASC 605”), and requires the recognition of revenue when promised goods or services are transferred to customers in an amount that reflects the considerations to which the entity expects to be entitled to in exchange for those goods or services. In addition, ASC 606 requires disclosure of the nature, amount, timing, and uncertainty of revenue and cash flows arising from contracts with customers. Effective January 1, 2018, we also adopted ASC 340-40, Other Assets and Deferred Costs – Contracts with Customers (“ASC 340-40”), using the modified retrospective method to all incomplete contracts as of the date of initial application. ASC 340-40 requires the deferral of incremental costs of obtaining a contract with a customer. Results for reporting periods beginning after January 1, 2018 are presented under ASC 606 and ASC 340-40, while prior period amounts are not adjusted and continue to be reported in accordance with our historic accounting under ASC 605. Additional discussion of these recently adopted pronouncements and their impact on our Condensed Consolidated Financial Statements is included below under Significant Accounting Policies, in Note 4 – Revenue , and in Note 5 – Supplemental Financial Statement Information . Income Taxes . Staff Accounting Bulletin (“SAB”) 118 provides guidance for the application of ASC 740 for a measurement period to complete the accounting for certain elements of the Tax Cut & Jobs Act of 2017 (the “2017 Tax Act”). The measurement period is defined as up to one year from the enactment date, which will expire on December 22, 2018. SAB 118 requires that we recognize those income tax effects in our financial statements for which the accounting can be completed, as may be the case for the effect of rate changes on deferred tax assets and deferred tax liabilities. For matters that have not been completed, we are required to recognize provisional amounts to the extent that they are reasonably estimable, adjust them during the measurement period when more information becomes available, and report this information in our financial statements in that period. See additional information in Note 14 – Income Taxes. Restricted Cash . Accounting Standard Update (“ASU”) 2016-18, Statement of Cash Flows: Restricted Cash , became effective in the first quarter of 2018 and requires the statement of cash flows to explain the change in cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents. Therefore, amounts generally described as restricted cash and restricted cash equivalents are included with cash and cash equivalents when reconciling the beginning-of-period and end-of-period total amounts in the statement of cash flows. We previously included the changes in restricted cash equivalents in operating or investing activities in the Consolidated Statements of Cash Flows. Prior period amounts have been revised to conform to the current year presentation. Reconciliation of cash, cash equivalents, and restricted cash equivalents (in thousands) September 30, 2018 December 31, 2017 September 30, 2017 December 31, 2016 Cash and cash equivalents $ 180,942 $ 170,345 $ 175,830 $ 164,313 Restricted cash equivalents 39,809 32,531 6,826 1,142 Total cash, cash equivalents, and restricted cash equivalents shown in the statement of cash flows $ 220,751 $ 202,876 $ 182,656 $ 165,455 Definition of a Business . In January 2017, the Financial Accounting Standard Board (“FASB’) issued ASU 2017-01, Business Combinations: Clarifying the Definition of a Business , which became effective in the first quarter of 2018 and significantly narrows how businesses are defined. Under ASU 2017-01, when substantially all of the fair value of the gross assets acquired is concentrated in a single asset or group of similar identifiable assets, then the assets acquired do not constitute a business. If substantially all of the fair value of the gross assets acquired is not concentrated in a single asset or group of similar assets, then the assets acquired may constitute a business if certain criteria are met. We must determine whether the acquired gross assets and activities include an input and a “substantive” process that together “significantly” contribute to the ability to create an output. A framework and specific criteria are provided to assist with the evaluation of whether a process is “substantive” and “significantly contributes” to the ability to create an output. “Output” is narrowly defined to be consistent with the description of a performance obligation in the new revenue guidance or this ASU. Missing inputs and processes may not be replaced by integration with our own inputs and processes under the new guidance. The adoption of ASU 2017-1 did not impact our condensed consolidated financial statements as of September 30, 2018 because we did not acquire a business during the nine months ended September 30, 2018 . Nonfinancial Asset Derecognition . In February 2017, the FASB issued ASU 2017-05, Other Income – Gains and Losses from the Derecognition of Nonfinancial Assets: Clarifying the Scope of Asset Derecognition and Accounting for Partial Sales of Nonfinancial Assets , which clarifies the scope of recent guidance as it relates to nonfinancial asset derecognition and the accounting for partial sales of nonfinancial assets. The ASU conforms the derecognition guidance as it relates to nonfinancial assets with the derecognition guidance in the new revenue standard (ASC 606) and is not expected to have a material impact on the accounting for real estate dispositions. ASU 2017-5 became effective in the first quarter of 2018. During the nine months ended September 30, 2018 , we sold a non-financial asset, which is discussed further in Note 10 – Commitments and Contingencies . There was no material impact from the adoption of this ASU in our condensed consolidated financial statements during the three and nine months ended September 30, 2018 . Stock Compensation Modification . In May 2017, the FASB issued ASU 2017-09, Stock Compensation – Scope of Modification Accounting , which clarifies the scope of modification accounting for share-based payment arrangements, which became effective in the first quarter of 2018. Specifically, we do not apply modification accounting if the fair value, vesting conditions, and classification of the awards are the same immediately before and after the modification. We elected to adopt this guidance prospectively to awards modified on or after the adoption date. The adoption of ASU 2017-09 did not have a material impact on our condensed consolidated financial statements during the three and nine months ended September 30, 2018 . Settlement of Convertible Debt . ASU 2016-15, Statement of Cash Flows: Classification of Certain Cash Receipts and Cash Payments , issued in August 2016, requires that cash settlements of principal amounts of debt instruments with coupon interest rates that are insignificant in relation to the effective interest rate of the debt must classify the portion of the principal payment attributable to the accreted interest related to the debt discount as cash outflows from operating activities. This is consistent with the classification of the coupon interest payments. ASU 2016-15 became effective in the first quarter of 2018. Accordingly, $63.6 million of the debt discount attributable to the difference between the 0.75% coupon interest rate on our 0.75% Convertible Senior Notes due 2019 (“Notes”) and the 4.98% ( 5.46% inclusive of debt issuance costs) effective interest rate on the Notes will be classified as an operating cash outflow in the Condensed Consolidated Statement of Cash Flows upon any cash settlement of the Notes. The Notes were not settled as of September 30, 2018 . We will apply ASU 2016-15 upon any cash settlement of the Notes. Recent Accounting Pronouncements Not Yet Adopted Lease Arrangements . Under current guidance, the classification of a lease by a lessee as either an operating or capital lease determines whether an asset and liability is recognized on the balance sheet. ASU 2016-2, Leases , which was issued in February 2016 and will be effective in the first quarter of 2019, requires that a lessee recognize an asset and liability on its balance sheet related to all leases with terms more than one year. For all leases, a lessee will be required to recognize a right-of-use asset and a lease liability, initially measured at the present value of the lease payments, in the statement of financial position. The right-to-use asset represents the right to use the underlying asset during the lease term. The recognition, measurement, and presentation of expenses and cash flows by a lessee will not significantly change from previous guidance. There continues to be a differentiation between finance leases and operating leases. The criteria for determining whether a lease is a finance or operating lease are substantially the same as existing guidance except that the “bright line” percentages have been removed. Also, an additional criterion has been added in the new guidance to consider whether the underlying asset is of such a specialized nature that it is expected to have no alternative use to the lessor at the end of the lease term. Additional judgment will be required in applying the new lease guidance. • For finance leases, interest is recognized on the lease liability separately from depreciation of the right-of-use asset in the statement of operations. Principal repayments are classified within financing activities and interest payments are classified as operating activities in the statement of cash flows. • For operating leases, a lessee is required to recognize lease expense generally on a straight-line basis. All operating lease payments are classified as operating activities in the statement of cash flows. The current build-to-suit lease accounting guidance will be rescinded by the new guidance, although simplified guidance will remain regarding lessee control during the construction period. Consequently, the accounting for build-to-suit leases will be the same as operating leases unless the lessee control provisions are applicable. We expect to apply the additional transition method provided in ASU 2018-11, which allows us to initially apply the new leases standard at our January 1, 2019 adoption date and recognize a cumulative-effect adjustment to the opening balance of retained earnings. We expect to elect all of the available transition practical expedients which permit us not to reassess our prior conclusions about lease identification, lease classification, and initial direct costs. While we continue to assess the effects of the adoption, we have not yet quantified the impact but we believe there will be material increases in our non-current assets and liabilities, and in our current liabilities on our Consolidated Balance Sheets at the time of adoption. The adoption of this new standard to our lease transactions as lessee is not expected to have a material impact on our results of operations as reflected in our Consolidated Statements of Operations. We do not expect a material impact on our results of operations or financial position from adoption of this standard to our lease transactions as lessor.
Revenue Recognition	Revenue Recognition On January 1, 2018, we adopted ASC 606 using the modified retrospective method applied to contracts that were not completed as of January 1, 2018. On January 1, 2018, we also adopted ASC 340-40 using the modified retrospective method applied to all contracts as of the date of initial application. We apply judgment in determining the customer’s ability and intention to pay. Judgments are made after considering a variety of factors including the customer’s historical payment experience, current creditworthiness, current economic impacts on the customer, past due balances, and significant one-time events or, in the case of a new customer, published credit and financial information. For customer arrangements that include multiple products or services, judgment is required to determine the standalone selling price (“SSP”) for each distinct performance obligation. Where an observable price is not available, we gather all reasonable available data points, consider adjustments based on market conditions, entity-specific factors, and the need to stratify selling prices into meaningful groups (e.g., geographic region) in determining SSP. We allocate the total contract consideration to each distinct performance obligation on a relative SSP basis. Revenue is then recognized in accordance with the timing of the transfer of control of each performance obligation to the customer. Accounting for long-term contracts where we provide information technology system development and implementation services requires significant judgment to estimate total contract revenue and costs. For long-term contracts, we estimate the profit on a contract as the difference between the total estimated revenue and expected costs to complete the services. We then recognize that revenue and profit over the life of the contract. Contract estimates are based on various assumptions to project the outcome of future events that could span several years. A change in our estimate of total costs to complete could affect the profitability of our contracts. We review and update our contract-related estimates regularly, and the effects of changes, if any, are reflected in the Condensed Consolidated Statements of Operations in the period that they are determined. Changes in estimates related to certain types of contracts accounted for using an input method measure of progress, such as cost-to-cost, can occur over the life of a contract for a variety of reasons, including the availability of labor and labor productivity, the nature and complexity of the work to be performed, cost estimates, level of effort and/or other assumptions impacting revenue or cost to perform a contract. We recognize adjustments in estimated profit on contracts under the cumulative catch-up method. Under this method, the impact of the adjustment on profit recorded to date is recognized in the period the adjustment is identified. Revenue and profit in future periods of contract performance is recognized using the adjusted estimate. If, at any time, the estimate of contract profitability indicates an anticipated loss on the contract, we recognize the total loss in the quarter it is identified. Management exercises judgment to determine the period of benefit to amortize contract acquisition costs by considering factors such as expected renewals of customer contracts, duration of customer relationships and our technology development life cycle. Although we believe that the historical assumptions and estimates we have made are reasonable and appropriate, different assumptions and estimates could materially impact our reported financial results. Amortization of deferred contract acquisition costs is included in sales and marketing expense in the Condensed Consolidated Statements of Operations. We periodically review these deferred costs to determine whether events or changes in circumstances have occurred that could impact the period of benefit of these deferred contract acquisition costs. The nature of our products and services are as follows: Hardware . Our hardware, such as Industrial Inkjet printers and Fiery digital front ends (“DFEs”), is generally sold with software that is integral to the functionality of the product. In these cases, the hardware and software license are accounted for as a single performance obligation. The contract consideration is generally in the form of a fixed fee at contract inception and revenue is recognized at the point in time when control is transferred to the customer. Consideration received from customers may include trade-in printers, which are valued at the lower of cost or net realizable value. We offer shipping and handling services to customers related to the sale of hardware. We have elected the practical expedient to account for shipping and handling activities performed after transferring control of goods to our customer as a cost to fulfill the contract. The cost of shipping and handling is accrued at the point in which control transfers to the customer and revenue is recognized. Ink . We typically enter into contracts with our existing customer base of installed printers to purchase ink that is not bundled with other deliverables within the contract. The ink is accounted for as a single performance obligation and revenue is recognized at the point in time when control of the ink is transferred to the customer. Licenses . Our software license arrangements provide the customer with the right to install and use functional intellectual property (as it exists at the point in time at which the license is granted) for the duration of the contract term. Revenue from distinct software licenses is recognized at the point in time when the software is made available to the customer for download. Our software license arrangements are generally comprised of fixed license fees (“license fees”) that are payable upfront, annually, quarterly, or monthly based on negotiated customer payment terms. For software license arrangements in which a significant portion of the license fees are due more than 12 months after the software is delivered to the customer, a significant financing component may exist. The significant financing component is calculated as the difference between the stated value and present value of the software license fees and is recognized as interest income under the effective interest method over the contract term. The total software license fee net of the significant financing component is recognized as revenue at the point in time when the software is made available to the customer for download or when the software is shipped to the customer. In instances where the timing of revenue recognition and the timing of invoicing is one year or less, we follow the practical expedient and do not impute interest for these contracts. Maintenance . Our software license arrangements typically include an initial (bundled) post contract customer support (maintenance or “PCS”) term. Our promise to those customers who elect to purchase PCS represents a distinct, stand-alone performance obligation. Contract consideration is allocated to the PCS based on its relative SSP and revenue is recognized over the PCS term. Professional Services . We provide various professional services to customers, primarily project management, software implementation, non-recurring engineering design, and training. Revenues from arrangements to provide professional services are generally distinct from the other promises in the contract(s). The majority of our professional services contracts are billed on a time and materials basis and revenue is recognized over time as the services are performed. Software as a Service (“SaaS”) . Our SaaS-based arrangements provide customers with continuous access to our software solutions in the form of a service hosted in the cloud. These arrangements may include initial implementation and setup and/or on-going support that represent a single promise (i.e. each individual promised component is not distinct) to provide continuous access to the software solution. Any setup fees associated with our SaaS arrangements are recognized ratably over the contract term plus expected renewal periods. As the customer simultaneously receives and consumes the benefits as access is provided, our performance obligation under our SaaS-based arrangements is comprised of a series of distinct components delivered over time. Our SaaS-based arrangements consideration is typically fixed. Extended Service Plans (“ESP”) . For our hardware arrangements, we enter into contracts with certain customers to provide services to maintain and repair the hardware for an extended period. ESPs are classified as service-type warranties under ASC 606 as they are sold separately and provide services which are incremental to the assurance that the product will perform to the agreed upon standards. The ESPs are accounted for as a separate performance obligation. Revenue from ESPs are recognized ratably over the contract period as the service is provided.

Basis of Presentation and Sig_3

Basis of Presentation and Significant Accounting Policies (Tables)	9 Months Ended
	Sep. 30, 2018
Accounting Policies [Abstract]
Reconciliation of Cash, cash equivalents, and restricted cash equivalents	Reconciliation of cash, cash equivalents, and restricted cash equivalents (in thousands) September 30, 2018 December 31, 2017 September 30, 2017 December 31, 2016 Cash and cash equivalents $ 180,942 $ 170,345 $ 175,830 $ 164,313 Restricted cash equivalents 39,809 32,531 6,826 1,142 Total cash, cash equivalents, and restricted cash equivalents shown in the statement of cash flows $ 220,751 $ 202,876 $ 182,656 $ 165,455

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2018
Earnings Per Share [Abstract]
Basic and Diluted Earnings Per Share	Basic and diluted earnings per share are reconciled as follows (in thousands, except per share amounts): Three Months Ended September 30, Nine Months Ended September 30, 2018 2017 2018 2017 Basic net income per share: Net income available to common shareholders $ 1,920 $ 3,454 $ 2,093 $ 11,000 Weighted average common shares outstanding 44,428 46,348 44,714 46,442 Basic net income per share $ 0.04 $ 0.07 $ 0.05 $ 0.24 Diluted net income per share: Net income available to common shareholders $ 1,920 $ 3,454 $ 2,093 $ 11,000 Weighted average common shares outstanding 44,428 46,348 44,714 46,442 Dilutive stock options and non-vested RSUs and PSUs 926 589 674 660 Weighted average common shares outstanding for purposes of computing diluted net income per share 45,354 46,937 45,388 47,102 Diluted net income per share $ 0.04 $ 0.07 $ 0.05 $ 0.23
Summary of Anti-dilutive Securities Excluded from Computation of Earnings Per Share	Potential shares of common stock that were not included in the determination of diluted net income per share because the impact of including them would have been anti-dilutive or performance conditions have not been met, consisted of the following (in thousands): Three Months Ended September 30, Nine Months Ended September 30, 2018 2017 2018 2017 RSUs & PSUs 626 327 554 304 ESPP purchase rights 41 410 638 342 Total potential shares of common stock excluded from the computation of diluted earnings per share 667 737 1,192 646

Segment and Geographic Inform_2

Segment and Geographic Information (Tables)	9 Months Ended
	Sep. 30, 2018
Segment Reporting [Abstract]
Summary of Revenue and Operating Segment Profit (Gross Profit), Excluding Stock-Based Compensation Expense by Segment	Our revenue and gross profit (i.e., gross profit excluding stock-based compensation expense) by operating segment are summarized as follows (in thousands): Three Months Ended September 30, Nine Months Ended September 30, 2018 2017 2018 2017 Industrial Inkjet Revenue $ 154,902 $ 142,930 $ 453,545 $ 407,886 Gross profit 53,661 53,392 158,351 154,972 Gross profit percentages 34.6 % 37.4 % 34.9 % 38.0 % Productivity Software Revenue $ 40,452 $ 37,171 $ 125,839 $ 111,292 Gross profit 28,394 26,667 88,988 81,431 Gross profit percentages 70.2 % 71.7 % 70.7 % 73.2 % Fiery Revenue $ 61,780 $ 68,258 $ 178,688 $ 204,919 Gross profit 44,368 47,884 128,590 143,821 Gross profit percentages 71.8 % 70.2 % 72.0 % 70.2 %
Reconciliation of Operating Segment Gross Profit to Condensed Consolidated Statements of Operations	Operating segment profit is reconciled to our Condensed Consolidated Statements of Operations as follows (in thousands): Three Months Ended September 30, Nine Months Ended September 30, 2018 2017 2018 2017 Segment gross profit $ 126,423 $ 127,943 $ 375,929 $ 380,224 Stock-based compensation expense (904 ) (486 ) (2,715 ) (1,985 ) Gross profit $ 125,519 $ 127,457 $ 373,214 $ 378,239
Tangible and Intangible Assets, Net of Liabilities, Summarized by Operating Segment	Tangible and intangible assets, net of liabilities, are summarized by operating segment as follows (in thousands): Industrial Inkjet Productivity Software Fiery Corporate and Unallocated Net Assets Total September 30, 2018 Goodwill $ 150,197 $ 170,098 $ 74,077 $ — $ 394,372 Identified intangible assets, net 45,688 24,903 15,655 — 86,246 Tangible assets, net of liabilities 251,948 (26,192 ) 25,738 28,154 279,648 Net tangible and intangible assets $ 447,833 $ 168,809 $ 115,470 $ 28,154 $ 760,266 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
Revenue by Ship-to Destination	We report revenue by geographic region based on ship-to destination which is summarized as follows (in thousands): Three Months Ended September 30, Nine Months Ended September 30, 2018 2017 2018 2017 Americas $ 134,491 $ 129,488 $ 374,170 $ 353,397 Europe, Middle East, and Africa (“EMEA”) 88,879 85,089 271,064 274,635 Asia Pacific (“APAC”) 33,764 33,782 112,838 96,065 Total revenue $ 257,134 $ 248,359 $ 758,072 $ 724,097

Revenue (Tables)

Revenue (Tables)	9 Months Ended
	Sep. 30, 2018
Revenue from Contract with Customer [Abstract]
Schedule of New Accounting Pronouncements and Changes in Accounting Principles	The cumulative effect of applying ASC 606 and ASC 340-40 to active contracts as of the adoption date resulted in the following adjustments to the Condensed Consolidated Balance Sheet as of January 1, 2018 (in thousands): Reported as of ASC 606 Adjustments As Adjusted Assets Accounts receivable, net $ 244,416 $ 102 $ 244,518 Other current assets 41,799 (1,628 ) 40,171 Deferred tax assets 45,083 (1,466 ) 43,617 Other assets 15,504 8,062 23,566 Liabilities Deferred revenue 55,833 (95 ) 55,738 Noncurrent contingent and other liabilities 28,801 491 29,292 Stockholders’ equity: Retained earnings 402,544 4,674 407,218 The impact of adopting ASC 606 and ASC 340-40 on our Condensed Consolidated Statement of Operations is summarized as follows (in thousands): Three Months Ended September 30, 2018 Nine Months Ended September 30, 2018 Amounts in Amounts in Effect of change Amounts in Accordance with ASC 606 Amounts in Accordance with ASC 605 Effect of change higher (lower) Revenue $ 257,134 $ 255,746 $ 1,388 $ 758,072 $ 754,348 $ 3,724 Cost of revenue 131,615 131,067 548 384,858 384,509 349 Gross profit 125,519 124,679 840 373,214 369,839 3,375 Operating expenses 123,404 123,316 88 359,520 359,418 102 Income from operations 2,115 1,363 752 13,694 10,421 3,273 Interest income and other income, net 336 199 137 1,270 823 447 Income (loss) before income taxes (2,345 ) (3,234 ) 889 225 (3,495 ) 3,720 Benefits from income taxes 4,265 4,465 (200 ) 1,868 2,363 (495 ) Net income (loss) 1,920 1,231 689 2,093 (1,132 ) 3,225 The impact of adopting ASC 606 and ASC 340-40 on our Condensed Consolidated Balance Sheet as of September 30, 2018 was as follows (in thousands): Amounts in Accordance with ASC 606 Amounts in Accordance with ASC 605 Effect of change higher (lower) Assets Accounts receivable, net $ 240,150 $ 236,018 $ 4,132 Other current assets 47,814 49,790 (1,976 ) Deferred tax assets 43,265 45,226 (1,961 ) Other assets 34,369 26,409 7,960 Liabilities Deferred revenue 65,181 65,239 (58 ) Noncurrent contingent and other liabilities 17,307 16,993 314 Stockholders’ equity Retained earnings 409,311 401,412 7,899
Summary of Disaggregated Revenue by Source	The following table presents our disaggregated revenue by source (in thousands). Sales and usage-based taxes are excluded from revenue: Three Months Ended September 30, 2018 Nine Months Ended September 30, 2018 Industrial Productivity Fiery Total Industrial Inkjet Productivity Software Fiery Total Major Products and Service Lines: Industrial Inkjet Printers and parts $ 97,846 $ — $ — $ 97,846 $ 283,819 $ — $ — $ 283,819 Ink, supplies, and maintenance 57,056 — — 57,056 169,726 — — 169,726 Productivity Software Licenses — 10,774 — 10,774 — 34,086 — 34,086 Professional services — 7,349 — 7,349 — 22,919 — 22,919 Maintenance and subscriptions — 22,329 — 22,329 — 68,834 — 68,834 Fiery Digital front ends and related products — — 58,257 58,257 — — 167,713 167,713 Maintenance and subscriptions — — 3,523 3,523 — — 10,975 10,975 Total $ 154,902 $ 40,452 $ 61,780 $ 257,134 $ 453,545 $ 125,839 $ 178,688 $ 758,072 Timing of Revenue Recognition: Transferred at a Point in Time $ 149,521 $ 10,774 $ 58,257 $ 218,552 $ 437,780 $ 34,086 $ 167,713 $ 639,579 Transferred Over Time 5,381 29,678 3,523 38,582 15,765 91,753 10,975 118,493 Total $ 154,902 $ 40,452 $ 61,780 $ 257,134 $ 453,545 $ 125,839 $ 178,688 $ 758,072 Recurring/Non-Recurring: Non-Recurring $ 97,846 $ 18,123 $ 58,257 $ 174,226 $ 283,819 $ 57,005 $ 167,713 $ 508,537 Recurring 57,056 22,329 3,523 82,908 169,726 68,834 10,975 249,535 Total $ 154,902 $ 40,452 $ 61,780 $ 257,134 $ 453,545 $ 125,839 $ 178,688 $ 758,072
Summary of Unbilled Accounts Receivable and Deferred Revenue	The following table reflects the balances in unbilled accounts receivable and deferred revenue (in thousands): September 30, 2018 January 1, 2018 Unbilled accounts receivable – current $ 34,830 $ 23,296 Unbilled accounts receivable – noncurrent 3,483 4,122 Deferred revenue – current 65,181 55,738 Deferred revenue – noncurrent 349 565

Supplemental Financial Statem_2

Supplemental Financial Statement Information Details (Tables)	9 Months Ended
	Sep. 30, 2018
Supplemental Financial Statement Information [Abstract]
Summary of Supplemental Cash Flow Information	Supplemental Cash Flow Information Nine Months Ended September 30, (in thousands) 2018 2017 Net cash paid for income taxes $ 12,765 $ 15,724 Cash paid for interest expense 3,001 3,667 Property, equipment, and intellectual property received, but not paid 639 703
Schedule of Inventories	Inventories are summarized as follows (in thousands): September 30, 2018 December 31, 2017 Raw materials $ 52,085 $ 57,061 Work-in-process 13,584 9,792 Finished goods 55,621 58,960 Total $ 121,290 $ 125,813
Schedule of Changes in Product Warranty Reserves	The changes in product warranty reserves are as follows (in thousands): Nine Months Ended September 30, 2018 2017 Beginning balance $ 16,335 $ 10,319 Liability assumed upon acquiring FFPS — 9,368 Provisions, net of releases 8,154 9,284 Settlements (11,245 ) (12,588 ) Ending balance $ 13,244 $ 16,383
Schedule of Equipment Subject to Operating Leases	Equipment leased to customers under operating leases was as follows (in thousands): September 30, 2018 December 31, 2017 Equipment leased to customers under operating leases $ 7,755 $ 5,432 Accumulated depreciation (3,297 ) (1,927 ) Equipment leased to customers under operating leases, net $ 4,458 $ 3,505
Schedule of Minimum Future Rental Revenues on Operating Leases	Scheduled minimum future rental revenue on operating leases as of September 30, 2018 was as follows (in thousands): Remainder of 2018 $ 729 2019 2,134 2020 2,590 2021 384 2022 432 Total $ 6,269
Schedule of Accumulated Other Comprehensive Income (Loss)	AOCI classified within stockholders’ equity on our Condensed Consolidated Balance Sheets was as follows (in thousands): September 30, 2018 December 31, 2017 Net unrealized investment losses $ (941 ) $ (697 ) Currency translation gains (losses) (6,055 ) 8,794 Net unrealized gain on cash flow hedges — 41 Total $ (6,996 ) $ 8,138

Accounts Receivable (Tables)

Accounts Receivable (Tables)	9 Months Ended
	Sep. 30, 2018
Receivables [Abstract]
Schedule of Accounts, Notes, Loans and Financing Receivable	Our financing receivables are summarized as follows (in thousands): September 30, 2018 December 31, 2017 Sales-type lease receivables $ 30,196 $ 16,558 Trade receivables 11,814 12,125 Total financing receivables $ 42,010 $ 28,683 Scheduled to be received in excess of one year $ 23,727 $ 15,191

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2018
Fair Value Disclosures [Abstract]
Available-for-Sale Short-Term Investments	Our available-for-sale short-term investments are summarized as follows (in thousands): Amortized cost Gross unrealized gains Gross unrealized losses Fair value September 30, 2018 U.S. Government and sponsored entities $ 55,322 $ — $ (714 ) $ 54,608 Corporate debt securities 51,345 — (495 ) 50,850 Municipal securities 383 — (4 ) 379 Asset-backed securities 7,020 33 (61 ) 6,992 Mortgage-backed securities – residential 158 — (1 ) 157 Total short-term investments $ 114,228 $ 33 $ (1,275 ) $ 112,986 December 31, 2017 U.S. Government and sponsored entities $ 59,824 $ — $ (660 ) $ 59,164 Corporate debt securities 79,356 — (450 ) 78,906 Municipal securities 382 — (2 ) 380 Asset-backed securities 9,808 44 (47 ) 9,805 Mortgage-backed securities – residential 445 — (3 ) 442 Total short-term investments $ 149,815 $ 44 $ (1,162 ) $ 148,697 The fair value and duration that investments, including cash equivalents, have been in a gross unrealized loss position below are as follows (in thousands): Less than 12 Months More than 12 Months Total Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses September 30, 2018 U.S. Government and sponsored entities $ — $ — $ 54,608 $ (714 ) $ 54,608 $ (714 ) Corporate debt securities 10,159 (90 ) 40,691 (405 ) 50,850 (495 ) Municipal securities 379 (4 ) — — 379 (4 ) Asset-backed securities — — 6,934 (61 ) 6,934 (61 ) Mortgage-backed securities – residential 18 — 86 (1 ) 104 (1 ) Total $ 10,556 $ (94 ) $ 102,319 $ (1,181 ) $ 112,875 $ (1,275 ) December 31, 2017 U.S. Government and sponsored entities $ 23,023 $ (206 ) $ 35,989 $ (454 ) $ 59,012 $ (660 ) Corporate debt securities 45,857 (207 ) 32,634 (243 ) 78,491 (450 ) Municipal securities 378 (2 ) — — 378 (2 ) Asset-backed securities 6,779 (31 ) 2,947 (16 ) 9,726 (47 ) Mortgage-backed securities – residential 162 (2 ) 142 (1 ) 304 (3 ) Total $ 76,199 $ (448 ) $ 71,712 $ (714 ) $ 147,911 $ (1,162 )
Amortized Cost and Estimated Fair Value of Investments	Amortized cost and estimated fair value of investments as of September 30, 2018 , are summarized as follows (in thousands): Amortized cost Fair value Mature in less than one year $ 75,459 $ 74,864 Mature in one to three years 38,769 38,122 Total short-term investments $ 114,228 $ 112,986
Investments in Accordance with Fair Value Hierarchy	Our assets and liabilities measured at fair value by levels within the fair value hierarchy are summarized as follows (in thousands): September 30, 2018 December 31, 2017 Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Assets: Money market funds $ 18,524 $ — $ — $ 18,524 $ 9,897 $ — $ — $ 9,897 U.S. Government and sponsored entities 33,279 21,328 — 54,607 33,261 25,903 — 59,164 Corporate debt securities — 50,850 — 50,850 — 78,906 — 78,906 Municipal securities — 379 — 379 — 380 — 380 Asset-backed securities — 6,934 59 6,993 — 9,754 51 9,805 Mortgage-backed securities – residential — 157 — 157 — 442 — 442 Total $ 51,803 $ 79,648 $ 59 $ 131,510 $ 43,158 $ 115,385 $ 51 $ 158,594 Liabilities: Contingent consideration, current and noncurrent $ — $ — $ 20,323 $ 20,323 $ — $ — $ 35,702 $ 35,702 Self-insurance — — 982 982 — — 902 902 Total $ — $ — $ 21,305 $ 21,305 $ — $ — $ 36,604 $ 36,604
Summary of Changes in Fair Value Contingent Consideration	Changes in the fair value of contingent consideration are summarized as follows (in thousands): Three Months Ended September 30, Nine Months Ended September 30, 2018 2017 2018 2017 Liability for Contingent Consideration Beginning balance $ 22,129 $ 61,414 $ 35,702 $ 56,463 Fair value of Generation Digital contingent consideration at August 14, 2017 — 3,600 — 3,600 Changes in valuation 721 75 (12,054 ) 974 Earnout accretion 91 336 194 1,213 Payments and settlements (2,611 ) (10,265 ) (3,361 ) (11,559 ) Foreign currency adjustment (7 ) (1,640 ) (158 ) 2,829 Ending balance $ 20,323 $ 53,520 $ 20,323 53,520

Derivatives and Hedging (Tables

Derivatives and Hedging (Tables)	9 Months Ended
	Sep. 30, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Balance Sheet Hedges Cover Currency Exposures in Notional Amounts	These balance sheet hedges cover currency exposures in the following line items in the notional amounts indicated (in thousands): Balance sheet categories September 30, 2018 December 31, 2017 Accounts Receivable $ 46,574 $ 44,427 Other assets and liabilities, net 38,185 46,550 Intercompany balances 125,189 144,477 Total $ 209,948 $ 235,454

Convertible Senior Notes (Table

Convertible Senior Notes (Tables)	9 Months Ended
	Sep. 30, 2018
Debt Disclosure [Abstract]
Schedule of Convertible Notes	The Notes consisted of the following (in thousands): September 30, 2018 December 31, 2017 Liability component $ 345,000 $ 345,000 Debt discount, net of amortization (12,975 ) (23,178 ) Debt issuance costs, net of amortization (1,658 ) (2,865 ) Net carrying amount $ 330,367 $ 318,957 Equity component $ 63,643 $ 63,643 Less: debt issuance costs allocated to equity (1,582 ) (1,582 ) Net carrying amount $ 62,061 $ 62,061
Summary of Interest Expense Recognized Related to Notes	Interest expense recognized on the Notes was as follows (in thousands): Three Months Ended September 30, Nine Months Ended September 30, 2018 2017 2018 2017 0.75% coupon $ 647 $ 647 $ 1,948 $ 1,933 Amortization of debt discount 3,448 3,265 10,203 9,627 Amortization of debt issuance costs 407 388 1,207 1,144 Total $ 4,502 $ 4,300 $ 13,358 $ 12,704

Stock-based Compensation (Table

Stock-based Compensation (Tables)	9 Months Ended
	Sep. 30, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Stock-Based Compensation Expense	Stock-based compensation expense related to ESPP purchase rights and RSUs is summarized as follows (in thousands): Three Months Ended September 30, Nine Months Ended September 30, 2018 2017 2018 2017 Stock-based compensation expense by type of awards RSUs $ 10,587 $ 3,545 $ 25,793 $ 18,875 ESPP purchase rights 1,336 1,103 4,685 3,666 Total stock-based compensation expense 11,923 4,648 30,478 22,541 Income tax benefit (1,747 ) (1,525 ) (4,437 ) (6,929 ) Stock-based compensation expense, net of tax $ 10,176 $ 3,123 $ 26,041 $ 15,612
Schedule of ESPP Purchase Rights and Underlying Weighted Average Assumptions	The estimated weighted average fair value per share and underlying assumptions of ESPP purchase rights issued were as follows: Nine Months Ended September 30, 2018 2017 Weighted average fair value per share $13.91 $12.09 Expected volatility 37 % — 80% 24 % — 28% Risk-free interest rate 2.2 % — 2.7% 0.7 % — 1.3% Expected term (in years) 0.5 — 2.0 0.5 — 2.0
Schedule of Non-Vested RSUs	Non-vested RSU activity during the nine months ended September 30, 2018 is summarized below (shares in thousands): Time-based Performance-based Market-based Total Shares Weighted average grant date fair value Shares Weighted average grant date fair value Shares Weighted average grant date fair value Shares Weighted average grant date fair value Non-vested at January 1, 2018 1,048 $ 35.76 1,209 $ 42.18 23 $ 35.15 2,280 $ 39.16 Granted 985 31.31 829 30.92 — — 1,814 31.13 Vested (287 ) 40.04 (20 ) 44.84 — — (307 ) 40.36 Forfeited (96 ) 34.90 (614 ) 44.65 — — (710 ) 43.33 Non-vested at September 30, 2018 1,650 32.41 1,404 34.42 23 35.15 3,077 33.35
Schedule of Weighted Average Grant Date Fair Value Per Share of Performance-Based RSUs Assumptions Used to Estimate Fair Value	The weighted average grant date fair value per share of performance-based RSUs granted and the assumptions used to estimate grant date fair value are as follows: Short-term Long-term Nine Months Ended September 30, 2018 Grant date fair value per share $ 28.26 $ 34.56 Service period (years) 1.0 3.0 Nine Months Ended September 30, 2017 Grant date fair value per share $ 47.23 $ 45.96 Service period (years) 1.0 2.0 – 3.0

Restructuring and Other (Tables

Restructuring and Other (Tables)	9 Months Ended
	Sep. 30, 2018
Restructuring and Related Activities [Abstract]
Restructuring and Other Reserve Activities	Restructuring and other reserve activities are summarized as follows (in thousands): Nine Months Ended September 30, 2018 2017 Beginning reserve balance $ 2,452 $ 1,824 Restructuring charges 6,289 4,101 Other charges 4,188 1,321 Non-cash restructuring and other (686 ) (182 ) Payments (9,751 ) (4,720 ) Ending reserve balance $ 2,492 $ 2,344

Income Taxes (Tables)

Income Taxes (Tables)	9 Months Ended
	Sep. 30, 2018
Income Tax Disclosure [Abstract]
Tax Provisions before Discrete Items Reconciled to Recorded Provision for (Benefits from) Income Taxes	Our tax benefit from (provision for) income taxes before discrete items is reconciled to our recorded benefit from (provision for) income taxes, as follows (in thousands): Three Months Ended September 30, Nine Months Ended September 30, 2018 2017 2018 2017 Benefit from (provision for) income taxes before discrete items $ 932 $ (1,973 ) $ (105 ) $ (4,517 ) Interest related to unrecognized tax benefits 71 — (154 ) (121 ) Benefit from (provision for) stock-based compensation, including ESPP dispositions 112 (363 ) 86 1,934 Benefit from reversals of uncertain tax positions 2,333 1,845 2,528 1,825 Benefit from (provision for) reassessment of taxes upon filing tax returns 135 (300 ) 213 (396 ) Benefit from (provision for) reassessment of taxes upon tax law change — — (160 ) 480 Benefit from (provision for) deemed repatriation transition tax 682 — (540 ) — Benefit from (provision for) income taxes $ 4,265 $ (791 ) $ 1,868 $ (795 )

Basis of Presentation and Sig_4

Basis of Presentation and Significant Accounting Policies - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2014
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Revenue	$ (257,134)	$ (248,359)	$ (758,072)	$ (724,097)
Gross profit	(125,519)	(127,457)	(373,214)	(378,239)
Net loss	$ (1,920)	$ (3,454)	$ (2,093)	$ (11,000)
Net income per diluted common share (in usd per share)	$ (0.04)	$ (0.07)	$ (0.05)	$ (0.23)
Interest rate of debt, stated percentage	0.75%		0.75%
0.75% Convertible Senior Notes Due 2019
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Debt discount	$ 63,600		$ 63,600
Interest rate of debt, stated percentage	0.75%		0.75%		0.75%
Effective interest rate percentage	4.98%		4.98%		4.98%
Debt issuance costs | 0.75% Convertible Senior Notes Due 2019
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Effective interest rate percentage	5.46%		5.46%		5.46%
Out Of Period Adjustment For Bill And Hold Transactions
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Revenue				$ 3,400
Gross profit				500
Net loss				$ 300
Net income per diluted common share (in usd per share)		$ 0.01		$ 0.01

Basis of Presentation and Sig_5

Basis of Presentation and Significant Accounting Policies - Cash, cash equivalents, and restricted cash equivalents (Detail) - USD ($) $ in Thousands		Sep. 30, 2018	Dec. 31, 2017	Sep. 30, 2017	Dec. 31, 2016
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents [Abstract]
Cash and cash equivalents		$ 180,942	$ 170,345	$ 175,830	$ 164,313
Restricted cash equivalents		39,809	32,531	6,826	1,142
Total cash, cash equivalents, and restricted cash equivalents shown in the statement of cash flows	[1]	$ 220,751	$ 202,876	$ 182,656	$ 165,455
[1]	Certain prior period amounts have been revised due to the implementation of ASU 2016-18. See Note 1 for details.

Earnings Per Share - Basic and

Earnings Per Share - Basic and Diluted Earnings Per Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Basic net income per share:
Net income available to common shareholders	$ 1,920	$ 3,454	$ 2,093	$ 11,000
Weighted average common shares outstanding (in shares)	44,428	46,348	44,714	46,442
Basic net income per share (in usd per share)	$ 0.04	$ 0.07	$ 0.05	$ 0.24
Diluted net income per share:
Net income available to common shareholders	$ 1,920	$ 3,454	$ 2,093	$ 11,000
Weighted average common shares outstanding (in shares)	44,428	46,348	44,714	46,442
Dilutive stock options and non-vested RSUs and PSUs (in shares)	926	589	674	660
Weighted average common shares outstanding for purposes of computing diluted net income per share (in shares)	45,354	46,937	45,388	47,102
Diluted net income per share (in usd per share)	$ 0.04	$ 0.07	$ 0.05	$ 0.23

Earnings Per Share - Summary of

Earnings Per Share - Summary of Anti-dilutive Securities Excluded from Computation of Earnings Per Share (Detail) - shares shares in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total potential shares of common stock excluded from the computation of diluted earnings per share	667	737	1,192	646
RSUs & PSUs
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total potential shares of common stock excluded from the computation of diluted earnings per share	626	327	554	304
ESPP purchase rights
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total potential shares of common stock excluded from the computation of diluted earnings per share	41	410	638	342

Segment and Geographic Inform_3

Segment and Geographic Information - Revenue and Operating Profit (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Segment Reporting Information [Line Items]
Revenue	$ 257,134	$ 248,359	$ 758,072	$ 724,097
Gross profit	125,519	127,457	373,214	378,239
Industrial Inkjet
Segment Reporting Information [Line Items]
Revenue	154,902	142,930	453,545	407,886
Gross profit	$ 53,661	$ 53,392	$ 158,351	$ 154,972
Gross profit percentages	34.60%	37.40%	34.90%	38.00%
Productivity Software
Segment Reporting Information [Line Items]
Revenue	$ 40,452	$ 37,171	$ 125,839	$ 111,292
Gross profit	$ 28,394	$ 26,667	$ 88,988	$ 81,431
Gross profit percentages	70.20%	71.70%	70.70%	73.20%
Fiery
Segment Reporting Information [Line Items]
Revenue	$ 61,780	$ 68,258	$ 178,688	$ 204,919
Gross profit	$ 44,368	$ 47,884	$ 128,590	$ 143,821
Gross profit percentages	71.80%	70.20%	72.00%	70.20%

Segment and Geographic Inform_4

Segment and Geographic Information - Segment Gross Profit to Consolidated Operations (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Segment Reporting Information [Line Items]
Gross profit	$ 125,519	$ 127,457	$ 373,214	$ 378,239
Stock-based compensation expense	(11,923)	(4,648)	(30,478)	(22,541)
Segment gross profit
Segment Reporting Information [Line Items]
Gross profit	126,423	127,943	375,929	380,224
Stock-based compensation expense	$ (904)	$ (486)	$ (2,715)	$ (1,985)

Segment and Geographic Inform_5

Segment and Geographic Information - Tangible and Intangible Assets (Detail) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Segment Reporting Information [Line Items]
Goodwill	$ 394,372	$ 403,278
Identified intangible assets, net	86,246	123,008
Tangible assets, net of liabilities	279,648	255,025
Net tangible and intangible assets	760,266	781,311
Operating Segment | Industrial Inkjet
Segment Reporting Information [Line Items]
Goodwill	150,197	154,373
Identified intangible assets, net	45,688	66,547
Tangible assets, net of liabilities	251,948	221,933
Net tangible and intangible assets	447,833	442,853
Operating Segment | Productivity Software
Segment Reporting Information [Line Items]
Goodwill	170,098	174,644
Identified intangible assets, net	24,903	36,379
Tangible assets, net of liabilities	(26,192)	(27,755)
Net tangible and intangible assets	168,809	183,268
Operating Segment | Fiery
Segment Reporting Information [Line Items]
Goodwill	74,077	74,261
Identified intangible assets, net	15,655	20,082
Tangible assets, net of liabilities	25,738	11,286
Net tangible and intangible assets	115,470	105,629
Corporate and Unallocated Net Assets
Segment Reporting Information [Line Items]
Goodwill	0	0
Identified intangible assets, net	0	0
Tangible assets, net of liabilities	28,154	49,561
Net tangible and intangible assets	$ 28,154	$ 49,561

Segment and Geographic Inform_6

Segment and Geographic Information - Revenue by Ship-to Destination (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Segment Reporting Information [Line Items]
Revenue	$ 257,134	$ 248,359	$ 758,072	$ 724,097
Americas
Segment Reporting Information [Line Items]
Revenue	134,491	129,488	374,170	353,397
Europe, Middle East, and Africa (“EMEA”)
Segment Reporting Information [Line Items]
Revenue	88,879	85,089	271,064	274,635
Asia Pacific (“APAC”)
Segment Reporting Information [Line Items]
Revenue	$ 33,764	$ 33,782	$ 112,838	$ 96,065

Revenue - Additional Informatio

Revenue - Additional Information (Detail) - USD ($) $ in Millions	Jan. 01, 2018	Sep. 30, 2018	Sep. 30, 2018
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Revenue recognized		$ 7.6	$ 45.3
Asset, reclassified to receivable		$ 2.7	$ 24.6
Effect of change higher (lower)
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Cumulative effect on retained earnings, net of tax	$ 4.7

Revenue - Balance Sheet, Cumula

Revenue - Balance Sheet, Cumulative Effect (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Jan. 01, 2018	Dec. 31, 2017
Assets
Accounts receivable, net	$ 240,150	$ 244,518	$ 244,416
Other current assets	47,814	40,171	41,799
Deferred tax assets	43,265	43,617	45,083
Other assets	34,369	23,566	15,504
Liabilities
Deferred revenue	65,181	55,738	55,833
Noncurrent contingent and other liabilities	17,307	29,292	28,801
Stockholders’ equity:
Retained earnings	409,311	$ 407,218	402,544
Amounts in Accordance with ASC 606
Assets
Accounts receivable, net	240,150
Other current assets	47,814
Deferred tax assets	43,265
Other assets	34,369
Liabilities
Deferred revenue	65,181
Noncurrent contingent and other liabilities	17,307
Stockholders’ equity:
Retained earnings	$ 409,311
December 31, 2017
Assets
Accounts receivable, net			244,416
Other current assets			41,799
Deferred tax assets			45,083
Other assets			15,504
Liabilities
Deferred revenue			55,833
Noncurrent contingent and other liabilities			28,801
Stockholders’ equity:
Retained earnings			402,544
ASC 606 Adjustments | Amounts in Accordance with ASC 606
Assets
Accounts receivable, net			102
Other current assets			(1,628)
Deferred tax assets			(1,466)
Other assets			8,062
Liabilities
Deferred revenue			(95)
Noncurrent contingent and other liabilities			491
Stockholders’ equity:
Retained earnings			$ 4,674

Revenue - Statement of Operatio

Revenue - Statement of Operations (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Revenue from External Customer [Line Items]
Cost of revenue	[1]	$ 131,615	$ 120,902	$ 384,858	$ 345,858
Gross profit		125,519	127,457	373,214	378,239
Operating expenses		123,404	120,060	359,520	354,708
Income from operations		2,115	7,397	13,694	23,531
Interest income and other income, net		336	1,760	1,270	2,802
Income (loss) before income taxes		(2,345)	4,245	225	11,795
Benefits from income taxes		(4,265)	791	(1,868)	795
Net income (loss)		1,920	$ 3,454	2,093	$ 11,000
Amounts in Accordance with ASC 606
Revenue from External Customer [Line Items]
Revenue		257,134		758,072
Cost of revenue		131,615		384,858
Gross profit		125,519		373,214
Operating expenses		123,404		359,520
Income from operations		2,115		13,694
Interest income and other income, net		336		1,270
Income (loss) before income taxes		(2,345)		225
Benefits from income taxes		(4,265)		(1,868)
Net income (loss)		1,920		2,093
Amounts in Accordance with ASC 605
Revenue from External Customer [Line Items]
Revenue		255,746		754,348
Cost of revenue		131,067		384,509
Gross profit		124,679		369,839
Operating expenses		123,316		359,418
Income from operations		1,363		10,421
Interest income and other income, net		199		823
Income (loss) before income taxes		(3,234)		(3,495)
Benefits from income taxes		(4,465)		(2,363)
Net income (loss)		1,231		(1,132)
Effect of change higher (lower) | Effect of change higher (lower)
Revenue from External Customer [Line Items]
Revenue		1,388		3,724
Cost of revenue		548		349
Gross profit		840		3,375
Operating expenses		88		102
Income from operations		752		3,273
Interest income and other income, net		137		447
Income (loss) before income taxes		889		3,720
Benefits from income taxes		200		495
Net income (loss)		$ 689		$ 3,225
[1]	Includes stock-based compensation expense as follows: Three Months EndedSeptember 30, Nine Months Ended September 30, 2018 2017 2018 2017Cost of revenue$904 $486 $2,715 $1,985Research and development3,649 1,640 9,517 7,556Sales and marketing2,377 1,108 6,767 5,176General and administrative4,993 1,414 11,479 7,824

Revenue - Balance Sheet, Impact

Revenue - Balance Sheet, Impact of Adoption (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Jan. 01, 2018	Dec. 31, 2017
Assets
Accounts receivable, net	$ 240,150	$ 244,518	$ 244,416
Other current assets	47,814	40,171	41,799
Deferred tax assets	43,265	43,617	45,083
Other assets	34,369	23,566	15,504
Liabilities
Deferred revenue	65,181	55,738	55,833
Noncurrent contingent and other liabilities	17,307	29,292	28,801
Stockholders’ equity
Retained earnings	409,311	$ 407,218	$ 402,544
Amounts in Accordance with ASC 606
Assets
Accounts receivable, net	240,150
Other current assets	47,814
Deferred tax assets	43,265
Other assets	34,369
Liabilities
Deferred revenue	65,181
Noncurrent contingent and other liabilities	17,307
Stockholders’ equity
Retained earnings	409,311
Amounts in Accordance with ASC 605
Assets
Accounts receivable, net	236,018
Other current assets	49,790
Deferred tax assets	45,226
Other assets	26,409
Liabilities
Deferred revenue	65,239
Noncurrent contingent and other liabilities	16,993
Stockholders’ equity
Retained earnings	401,412
Effect of change higher (lower) | Effect of change higher (lower)
Assets
Accounts receivable, net	4,132
Other current assets	(1,976)
Deferred tax assets	(1,961)
Other assets	7,960
Liabilities
Deferred revenue	(58)
Noncurrent contingent and other liabilities	314
Stockholders’ equity
Retained earnings	$ 7,899

Revenue - Summary of Disaggrega

Revenue - Summary of Disaggregated Revenue by Source (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Disaggregation of Revenue [Line Items]
Revenue	$ 257,134	$ 248,359	$ 758,072	$ 724,097
Printers and parts
Disaggregation of Revenue [Line Items]
Revenue	97,846		283,819
Ink, supplies, and maintenance
Disaggregation of Revenue [Line Items]
Revenue	57,056		169,726
Licenses
Disaggregation of Revenue [Line Items]
Revenue	10,774		34,086
Professional services
Disaggregation of Revenue [Line Items]
Revenue	7,349		22,919
Maintenance and subscriptions
Disaggregation of Revenue [Line Items]
Revenue	22,329		68,834
Digital front ends and related products
Disaggregation of Revenue [Line Items]
Revenue	58,257		167,713
Maintenance and subscriptions
Disaggregation of Revenue [Line Items]
Revenue	3,523		10,975
Industrial Inkjet
Disaggregation of Revenue [Line Items]
Revenue	154,902	142,930	453,545	407,886
Industrial Inkjet | Printers and parts
Disaggregation of Revenue [Line Items]
Revenue	97,846		283,819
Industrial Inkjet | Ink, supplies, and maintenance
Disaggregation of Revenue [Line Items]
Revenue	57,056		169,726
Industrial Inkjet | Licenses
Disaggregation of Revenue [Line Items]
Revenue	0		0
Industrial Inkjet | Professional services
Disaggregation of Revenue [Line Items]
Revenue	0		0
Industrial Inkjet | Maintenance and subscriptions
Disaggregation of Revenue [Line Items]
Revenue	0		0
Industrial Inkjet | Digital front ends and related products
Disaggregation of Revenue [Line Items]
Revenue	0		0
Industrial Inkjet | Maintenance and subscriptions
Disaggregation of Revenue [Line Items]
Revenue	0		0
Productivity Software
Disaggregation of Revenue [Line Items]
Revenue	40,452	37,171	125,839	111,292
Productivity Software | Printers and parts
Disaggregation of Revenue [Line Items]
Revenue	0		0
Productivity Software | Ink, supplies, and maintenance
Disaggregation of Revenue [Line Items]
Revenue	0		0
Productivity Software | Licenses
Disaggregation of Revenue [Line Items]
Revenue	10,774		34,086
Productivity Software | Professional services
Disaggregation of Revenue [Line Items]
Revenue	7,349		22,919
Productivity Software | Maintenance and subscriptions
Disaggregation of Revenue [Line Items]
Revenue	22,329		68,834
Productivity Software | Digital front ends and related products
Disaggregation of Revenue [Line Items]
Revenue	0		0
Productivity Software | Maintenance and subscriptions
Disaggregation of Revenue [Line Items]
Revenue	0		0
Fiery
Disaggregation of Revenue [Line Items]
Revenue	61,780	$ 68,258	178,688	$ 204,919
Fiery | Printers and parts
Disaggregation of Revenue [Line Items]
Revenue	0		0
Fiery | Ink, supplies, and maintenance
Disaggregation of Revenue [Line Items]
Revenue	0		0
Fiery | Licenses
Disaggregation of Revenue [Line Items]
Revenue	0		0
Fiery | Professional services
Disaggregation of Revenue [Line Items]
Revenue	0		0
Fiery | Maintenance and subscriptions
Disaggregation of Revenue [Line Items]
Revenue	0		0
Fiery | Digital front ends and related products
Disaggregation of Revenue [Line Items]
Revenue	58,257		167,713
Fiery | Maintenance and subscriptions
Disaggregation of Revenue [Line Items]
Revenue	3,523		10,975
Transferred at a Point in Time
Disaggregation of Revenue [Line Items]
Revenue	218,552		639,579
Transferred at a Point in Time | Industrial Inkjet
Disaggregation of Revenue [Line Items]
Revenue	149,521		437,780
Transferred at a Point in Time | Productivity Software
Disaggregation of Revenue [Line Items]
Revenue	10,774		34,086
Transferred at a Point in Time | Fiery
Disaggregation of Revenue [Line Items]
Revenue	58,257		167,713
Transferred Over Time
Disaggregation of Revenue [Line Items]
Revenue	38,582		118,493
Transferred Over Time | Industrial Inkjet
Disaggregation of Revenue [Line Items]
Revenue	5,381		15,765
Transferred Over Time | Productivity Software
Disaggregation of Revenue [Line Items]
Revenue	29,678		91,753
Transferred Over Time | Fiery
Disaggregation of Revenue [Line Items]
Revenue	3,523		10,975
Non-Recurring
Disaggregation of Revenue [Line Items]
Revenue	174,226		508,537
Non-Recurring | Industrial Inkjet
Disaggregation of Revenue [Line Items]
Revenue	97,846		283,819
Non-Recurring | Productivity Software
Disaggregation of Revenue [Line Items]
Revenue	18,123		57,005
Non-Recurring | Fiery
Disaggregation of Revenue [Line Items]
Revenue	58,257		167,713
Recurring
Disaggregation of Revenue [Line Items]
Revenue	82,908		249,535
Recurring | Industrial Inkjet
Disaggregation of Revenue [Line Items]
Revenue	57,056		169,726
Recurring | Productivity Software
Disaggregation of Revenue [Line Items]
Revenue	22,329		68,834
Recurring | Fiery
Disaggregation of Revenue [Line Items]
Revenue	$ 3,523		$ 10,975

Revenue - Remaining Performance

Revenue - Remaining Performance Obligation (Details) - Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2018-10-01 $ in Millions	Sep. 30, 2018USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligations	$ 105.4
Expect time to recognize revenue	12 months

Revenue - Summary of Unbilled A

Revenue - Summary of Unbilled Accounts Receivable and Deferred Revenue (Detail) - USD ($) $ in Thousands	Sep. 30, 2018	Jan. 01, 2018	Dec. 31, 2017
Revenue Recognition [Abstract]
Unbilled accounts receivable – current	$ 34,830	$ 23,296
Unbilled accounts receivable – noncurrent	3,483	4,122
Deferred revenue – current	65,181	55,738	$ 55,833
Deferred revenue – noncurrent	$ 349	$ 565

Supplemental Financial Statem_3

Supplemental Financial Statement Information - Cash Flow Information (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017
Supplemental Financial Statement Information [Abstract]
Net cash paid for income taxes	$ 12,765	$ 15,724
Cash paid for interest expense	3,001	3,667
Property, equipment, and intellectual property received, but not paid	$ 639	$ 703

Supplemental Financial Statem_4

Supplemental Financial Statement Information - Schedule of Inventories (Detail) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Supplemental Financial Statement Information [Abstract]
Raw materials	$ 52,085	$ 57,061
Work-in-process	13,584	9,792
Finished goods	55,621	58,960
Total	$ 121,290	$ 125,813

Supplemental Financial Statem_5

Supplemental Financial Statement Information - Additional Information (Detail) - USD ($)	3 Months Ended	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2018	Jan. 01, 2018	Dec. 31, 2017
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Capitalized contract acquisition costs			$ 8,100,000
Amortization of deferred contract acquisition costs	$ 1,100,000	$ 3,300,000
Impairment loss of capitalized contract acquisition costs	0	0
Change in Capitalized Contract Cost	1,100,000	3,200,000
Deferred cost of revenue	$ 1,300,000	$ 1,300,000		$ 3,500,000
Minimum
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Deferred sales commissions amortization period		3 years
Maximum
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Deferred sales commissions amortization period		4 years

Supplemental Financial Statem_6

Supplemental Financial Statement Information - Product Warranty Reserves (Detail) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017
Movement in Standard and Extended Product Warranty Accrual, Increase (Decrease) [Roll Forward]
Beginning balance	$ 16,335	$ 10,319
Liability assumed upon acquiring FFPS	0	9,368
Provisions, net of releases	8,154	9,284
Settlements	(11,245)	(12,588)
Ending balance	$ 13,244	$ 16,383

Supplemental Financial Statem_7

Supplemental Financial Statement Information - Equipment Leased to Customers Under Operating Leases (Detail) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Supplemental Financial Statement Information [Abstract]
Equipment leased to customers under operating leases	$ 7,755	$ 5,432
Accumulated depreciation	(3,297)	(1,927)
Equipment leased to customers under operating leases, net	$ 4,458	$ 3,505

Supplemental Financial Statem_8

Supplemental Financial Statement Information - Minimum Future Rental Revenues on Operating Leases (Detail) $ in Thousands	Sep. 30, 2018USD ($)
Supplemental Financial Statement Information [Abstract]
Remainder of 2018	$ 729
2,019	2,134
2,020	2,590
2,021	384
2,022	432
Total	$ 6,269

Supplemental Financial Statem_9

Supplemental Financial Statement Information - Accumulated Other Comprehensive Income (Loss) (Detail) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Supplemental Financial Statement Information [Abstract]
Net unrealized investment losses	$ (941)	$ (697)
Currency translation gains (losses)	(6,055)	8,794
Net unrealized gain on cash flow hedges	0	41
Total	$ (6,996)	$ 8,138

Accounts Receivable - Financing

Accounts Receivable - Financing Receivables (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables	$ 42,010	$ 28,683
Sales-type lease receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables	30,196	16,558
Trade receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables	11,814	12,125
Scheduled to be received in excess of one year
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables	$ 23,727	$ 15,191

Accounts Receivable - Additiona

Accounts Receivable - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended	9 Months Ended	12 Months Ended
	Sep. 30, 2018	Sep. 30, 2018	Dec. 31, 2017
United States And Europe
Accounts, Notes, Loans and Financing Receivable [Line Items]
Trade receivables sold with recourse	$ 3.1	$ 13.1	$ 21.4
Europe
Accounts, Notes, Loans and Financing Receivable [Line Items]
Trade receivables sold without recourse	$ 1.1	$ 6.8	$ 5.9

Fair Value Measurements - Avail

Fair Value Measurements - Available-for-Sale Short-Term Investments (Detail) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Debt Securities, Available-for-sale [Line Items]
Amortized cost	$ 114,228	$ 149,815
Gross unrealized gains	33	44
Gross unrealized losses	(1,275)	(1,162)
Fair value	112,986	148,697
U.S. Government and sponsored entities
Debt Securities, Available-for-sale [Line Items]
Amortized cost	55,322	59,824
Gross unrealized gains	0	0
Gross unrealized losses	(714)	(660)
Fair value	54,608	59,164
Corporate debt securities
Debt Securities, Available-for-sale [Line Items]
Amortized cost	51,345	79,356
Gross unrealized gains	0	0
Gross unrealized losses	(495)	(450)
Fair value	50,850	78,906
Municipal securities
Debt Securities, Available-for-sale [Line Items]
Amortized cost	383	382
Gross unrealized gains	0	0
Gross unrealized losses	(4)	(2)
Fair value	379	380
Asset-backed securities
Debt Securities, Available-for-sale [Line Items]
Amortized cost	7,020	9,808
Gross unrealized gains	33	44
Gross unrealized losses	(61)	(47)
Fair value	6,992	9,805
Mortgage-backed securities – residential
Debt Securities, Available-for-sale [Line Items]
Amortized cost	158	445
Gross unrealized gains	0	0
Gross unrealized losses	(1)	(3)
Fair value	$ 157	$ 442

Fair Value Measurements - Gross

Fair Value Measurements - Gross Unrealized Loss Positions (Detail) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than 12 Months	$ 10,556	$ 76,199
Unrealized Losses, Less than 12 Months	(94)	(448)
Fair Value, More than 12 Months	102,319	71,712
Unrealized Losses, More than 12 Months	(1,181)	(714)
Fair Value, Total	112,875	147,911
Unrealized Losses, Total	(1,275)	(1,162)
U.S. Government and sponsored entities
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than 12 Months	0	23,023
Unrealized Losses, Less than 12 Months	0	(206)
Fair Value, More than 12 Months	54,608	35,989
Unrealized Losses, More than 12 Months	(714)	(454)
Fair Value, Total	54,608	59,012
Unrealized Losses, Total	(714)	(660)
Corporate debt securities
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than 12 Months	10,159	45,857
Unrealized Losses, Less than 12 Months	(90)	(207)
Fair Value, More than 12 Months	40,691	32,634
Unrealized Losses, More than 12 Months	(405)	(243)
Fair Value, Total	50,850	78,491
Unrealized Losses, Total	(495)	(450)
Municipal securities
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than 12 Months	379	378
Unrealized Losses, Less than 12 Months	(4)	(2)
Fair Value, More than 12 Months	0	0
Unrealized Losses, More than 12 Months	0	0
Fair Value, Total	379	378
Unrealized Losses, Total	(4)	(2)
Asset-backed securities
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than 12 Months	0	6,779
Unrealized Losses, Less than 12 Months	0	(31)
Fair Value, More than 12 Months	6,934	2,947
Unrealized Losses, More than 12 Months	(61)	(16)
Fair Value, Total	6,934	9,726
Unrealized Losses, Total	(61)	(47)
Mortgage-backed securities – residential
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than 12 Months	18	162
Unrealized Losses, Less than 12 Months	0	(2)
Fair Value, More than 12 Months	86	142
Unrealized Losses, More than 12 Months	(1)	(1)
Fair Value, Total	104	304
Unrealized Losses, Total	$ (1)	$ (3)

Fair Value Measurements - Amort

Fair Value Measurements - Amortized Cost and Estimated Fair Value (Detail) $ in Thousands	Sep. 30, 2018USD ($)
Amortized cost
Mature in less than one year	$ 75,459
Mature in one to three years	38,769
Total short-term investments	114,228
Fair value
Mature in less than one year	74,864
Mature in one to three years	38,122
Total short-term investments	$ 112,986

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Detail) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2016	Sep. 30, 2014
Investments And Fair Value Measurements [Line Items]
Net unrealized losses on sale of securities included in other comprehensive income			$ 1,200,000		$ 1,100,000
Transfers between Level 1 and 2	$ 0	$ 0	0	$ 0
Fair value of liability	20,323,000	53,520,000	20,323,000	53,520,000	35,702,000	$ 22,129,000	$ 61,414,000	$ 56,463,000
Contingent consideration, current	8,500,000		8,500,000
Contingent consideration, noncurrent	11,800,000		11,800,000
Payments	2,611,000	10,265,000	3,361,000	11,559,000
Change in fair value of contingent consideration	721,000	$ 75,000	(12,054,000)	$ 974,000
Increase in fair value of contingent consideration resulting from a change in discount rate			200,000
Decrease in fair value of contingent consideration resulting from a change in discount rate			200,000
Notional amount of derivative assets and liabilities	209,900,000		209,900,000		239,400,000
Increase in Fair Value
Investments And Fair Value Measurements [Line Items]
Change in fair value of contingent consideration			1,800,000
Decrease in Fair Value
Investments And Fair Value Measurements [Line Items]
Change in fair value of contingent consideration			(1,200,000)
Maximum Potential Payment
Investments And Fair Value Measurements [Line Items]
Payments			11,400,000
All Acquisitions
Investments And Fair Value Measurements [Line Items]
Fair value of liability	20,300,000		20,300,000		$ 35,700,000
Optitex, Generation Digital, and Shuttleworth [Member]
Investments And Fair Value Measurements [Line Items]
Change in fair value of contingent consideration	(1,500,000)		(14,300,000)
Escada
Investments And Fair Value Measurements [Line Items]
Change in fair value of contingent consideration	$ 2,200,000		$ 2,200,000
Earnout Achievement Probability Minimum
Investments And Fair Value Measurements [Line Items]
Probability of achieving revenue	50.00%		50.00%
Earnout Achievement Probability Maximum
Investments And Fair Value Measurements [Line Items]
Probability of achieving revenue	100.00%		100.00%
Minimum | All Acquisitions
Investments And Fair Value Measurements [Line Items]
Fair value key assumption risk-free discount rate			0.60%		0.60%
Maximum | All Acquisitions
Investments And Fair Value Measurements [Line Items]
Fair value key assumption risk-free discount rate			4.98%		4.98%
Level 1
Investments And Fair Value Measurements [Line Items]
Net Asset Value per share	$ 1		$ 1
Convertible Senior Notes Due Two Thousand Nineteen
Investments And Fair Value Measurements [Line Items]
Debt instrument, principal amount									$ 345,000,000
Debt instrument, fair value disclosure	$ 340,700,000		$ 340,700,000

Fair Value Measurements - Inves

Fair Value Measurements - Investments in Accordance with Hierarchy (Detail) - USD ($) $ in Thousands	Sep. 30, 2018	Jun. 30, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Dec. 31, 2016
Investments And Fair Value Measurements [Line Items]
Assets	$ 112,986		$ 148,697
Contingent consideration, current and noncurrent	20,323	$ 22,129	35,702	$ 53,520	$ 61,414	$ 56,463
U.S. Government and sponsored entities
Investments And Fair Value Measurements [Line Items]
Assets	54,608		59,164
Corporate debt securities
Investments And Fair Value Measurements [Line Items]
Assets	50,850		78,906
Municipal securities
Investments And Fair Value Measurements [Line Items]
Assets	379		380
Asset-backed securities
Investments And Fair Value Measurements [Line Items]
Assets	6,992		9,805
Mortgage-backed securities – residential
Investments And Fair Value Measurements [Line Items]
Assets	157		442
Fair Value
Investments And Fair Value Measurements [Line Items]
Assets	131,510		158,594
Contingent consideration, current and noncurrent	20,323		35,702
Self-insurance	982		902
Liabilities	21,305		36,604
Fair Value | Money market funds
Investments And Fair Value Measurements [Line Items]
Assets	18,524		9,897
Fair Value | U.S. Government and sponsored entities
Investments And Fair Value Measurements [Line Items]
Assets	54,607		59,164
Fair Value | Corporate debt securities
Investments And Fair Value Measurements [Line Items]
Assets	50,850		78,906
Fair Value | Municipal securities
Investments And Fair Value Measurements [Line Items]
Assets	379		380
Fair Value | Asset-backed securities
Investments And Fair Value Measurements [Line Items]
Assets	6,993		9,805
Fair Value | Mortgage-backed securities – residential
Investments And Fair Value Measurements [Line Items]
Assets	157		442
Fair Value | Level 1
Investments And Fair Value Measurements [Line Items]
Assets	51,803		43,158
Contingent consideration, current and noncurrent	0		0
Self-insurance	0		0
Liabilities	0		0
Fair Value | Level 1 | Money market funds
Investments And Fair Value Measurements [Line Items]
Assets	18,524		9,897
Fair Value | Level 1 | U.S. Government and sponsored entities
Investments And Fair Value Measurements [Line Items]
Assets	33,279		33,261
Fair Value | Level 1 | Corporate debt securities
Investments And Fair Value Measurements [Line Items]
Assets	0		0
Fair Value | Level 1 | Municipal securities
Investments And Fair Value Measurements [Line Items]
Assets	0		0
Fair Value | Level 1 | Asset-backed securities
Investments And Fair Value Measurements [Line Items]
Assets	0		0
Fair Value | Level 1 | Mortgage-backed securities – residential
Investments And Fair Value Measurements [Line Items]
Assets	0		0
Fair Value | Level 2
Investments And Fair Value Measurements [Line Items]
Assets	79,648		115,385
Contingent consideration, current and noncurrent	0		0
Self-insurance	0		0
Liabilities	0		0
Fair Value | Level 2 | Money market funds
Investments And Fair Value Measurements [Line Items]
Assets	0		0
Fair Value | Level 2 | U.S. Government and sponsored entities
Investments And Fair Value Measurements [Line Items]
Assets	21,328		25,903
Fair Value | Level 2 | Corporate debt securities
Investments And Fair Value Measurements [Line Items]
Assets	50,850		78,906
Fair Value | Level 2 | Municipal securities
Investments And Fair Value Measurements [Line Items]
Assets	379		380
Fair Value | Level 2 | Asset-backed securities
Investments And Fair Value Measurements [Line Items]
Assets	6,934		9,754
Fair Value | Level 2 | Mortgage-backed securities – residential
Investments And Fair Value Measurements [Line Items]
Assets	157		442
Fair Value | Level 3
Investments And Fair Value Measurements [Line Items]
Assets	59		51
Contingent consideration, current and noncurrent	20,323		35,702
Self-insurance	982		902
Liabilities	21,305		36,604
Fair Value | Level 3 | Money market funds
Investments And Fair Value Measurements [Line Items]
Assets	0		0
Fair Value | Level 3 | U.S. Government and sponsored entities
Investments And Fair Value Measurements [Line Items]
Assets	0		0
Fair Value | Level 3 | Corporate debt securities
Investments And Fair Value Measurements [Line Items]
Assets	0		0
Fair Value | Level 3 | Municipal securities
Investments And Fair Value Measurements [Line Items]
Assets	0		0
Fair Value | Level 3 | Asset-backed securities
Investments And Fair Value Measurements [Line Items]
Assets	59		51
Fair Value | Level 3 | Mortgage-backed securities – residential
Investments And Fair Value Measurements [Line Items]
Assets	$ 0		$ 0

Fair Value Measurements - Conti

Fair Value Measurements - Contingent Consideration (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Business Acquisition, Contingent Consideration [Line Items]
Beginning balance, Fair value of contingent consideration	$ 22,129	$ 61,414	$ 35,702	$ 56,463
Changes in valuation	(721)	(75)	12,054	(974)
Earnout accretion	91	336	194	1,213
Payments and settlements	(2,611)	(10,265)	(3,361)	(11,559)
Foreign currency adjustment	7	1,640	158	(2,829)
Ending balance, Fair value of contingent consideration	$ 20,323	53,520	$ 20,323	53,520
Generation Digital Solutions, Inc.
Business Acquisition, Contingent Consideration [Line Items]
Beginning balance, Fair value of contingent consideration		$ 3,600		$ 3,600

Derivatives and Hedging - Addit

Derivatives and Hedging - Additional Information (Detail) - USD ($)	Sep. 30, 2018	Dec. 31, 2017
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional amount of derivative assets and liabilities	$ 209,900,000	$ 239,400,000
Foreign Exchange Contracts | Designated as Cash Flow Hedges
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional amount of derivative assets and liabilities	$ 0	$ 3,900,000

Derivatives and Hedging - Curre

Derivatives and Hedging - Currency Exposures in Notional Amounts (Detail) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Derivatives, Fair Value [Line Items]
Derivatives and their notional amounts	$ 209,900	$ 239,400
Accounts Receivable
Derivatives, Fair Value [Line Items]
Derivatives and their notional amounts	46,574	44,427
Other assets and liabilities, net
Derivatives, Fair Value [Line Items]
Derivatives and their notional amounts	38,185	46,550
Intercompany balances
Derivatives, Fair Value [Line Items]
Derivatives and their notional amounts	125,189	144,477
Assets
Derivatives, Fair Value [Line Items]
Derivatives and their notional amounts	$ 209,948	$ 235,454

Convertible Senior Notes - Addi

Convertible Senior Notes - Additional Information (Detail)	1 Months Ended
	Sep. 30, 2014USD ($)$ / shares	Sep. 30, 2018USD ($)	Dec. 31, 2017USD ($)
Debt Instrument [Line Items]
Interest rate of debt, stated percentage		0.75%
Net carrying amount		$ 0	$ 318,957,000
Aggregate amount paid for Note Hedges	$ 63,900,000
Proceeds from sale of warrants	34,500,000
Liability component
Debt Instrument [Line Items]
Net carrying amount		330,367,000	318,957,000
Equity component
Debt Instrument [Line Items]
Net carrying amount		62,061,000	62,061,000
Equity component, gross
Debt Instrument [Line Items]
Net carrying amount	63,600,000	$ 63,643,000	$ 63,643,000
0.75% Convertible Senior Notes Due 2019
Debt Instrument [Line Items]
Debt instrument, principal amount	$ 345,000,000
Interest rate of debt, stated percentage	0.75%	0.75%
Net proceeds from issuance of debt	$ 336,300,000
Net proceeds used to purchase Note Hedges	$ 29,400,000
Conversion rate, number of share per $1,000 principal amount	18.9667
Conversion rate, principal amount of Notes	$ 1,000
Initial conversion price (in USD per share) | $ / shares	$ 52.72
Effective interest rate percentage	4.98%	4.98%
Deferred tax liability	$ 23,700,000
0.75% Convertible Senior Notes Due 2019 | Liability component
Debt Instrument [Line Items]
Debt issuance costs	7,000,000
0.75% Convertible Senior Notes Due 2019 | Liability component, gross
Debt Instrument [Line Items]
Net carrying amount	281,400,000
0.75% Convertible Senior Notes Due 2019 | Equity component
Debt Instrument [Line Items]
Debt issuance costs	$ 1,600,000
0.75% Convertible Senior Notes Due 2019 | Debt issuance costs
Debt Instrument [Line Items]
Effective interest rate percentage	5.46%	5.46%
Warrant
Debt Instrument [Line Items]
Common stock strike price per share | $ / shares	$ 68.86

Convertible Senior Notes - Sche

Convertible Senior Notes - Schedule of Convertible Notes (Detail) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2018	Dec. 31, 2017	Sep. 30, 2014
Debt Instrument [Line Items]
Net carrying amount	$ 0	$ 318,957
Liability component, gross
Debt Instrument [Line Items]
Liability component	345,000	345,000
Liability component
Debt Instrument [Line Items]
Debt discount, net of amortization	(12,975)	(23,178)
Debt issuance costs, net of amortization	(1,658)	(2,865)
Net carrying amount	330,367	318,957
Equity component, gross
Debt Instrument [Line Items]
Net carrying amount	63,643	63,643	$ 63,600
Equity component
Debt Instrument [Line Items]
Debt issuance costs, net of amortization	(1,582)	(1,582)
Net carrying amount	$ 62,061	$ 62,061

Convertible Senior Notes - Inte

Convertible Senior Notes - Interest Expense Recognized (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Debt Disclosure [Abstract]
0.75% coupon	$ 647	$ 647	$ 1,948	$ 1,933
Amortization of debt discount	3,448	3,265	10,203	9,627
Amortization of debt issuance costs	407	388	1,207	1,144
Total	$ 4,502	$ 4,300	$ 13,358	$ 12,704
Interest rate of debt, stated percentage	0.75%		0.75%

Commitments and Contingencies (

Commitments and Contingencies (Detail) ft² in Thousands	Jul. 31, 2018USD ($)	Jul. 27, 2018USD ($)	Aug. 26, 2016USD ($)ft²aRenewal_Option	Sep. 30, 2018USD ($)	Dec. 31, 2017USD ($)ft²aBuilding	Sep. 30, 2018USD ($)	Sep. 30, 2017USD ($)	Dec. 31, 2016USD ($)
Commitments And Contingencies [Line Items]
Lease term, capital lease		10 years
Capital lease obligations incurred		$ 16,000,000
Property and equipment, net	$ 13,700,000			$ 79,495,000	$ 98,762,000	$ 79,495,000
Capital lease decrease in obligations	14,500,000
Capital lease obligations, termination penalties	$ 800,000
Gain (loss) on sale of properties				(100,000)
Assets held for sale				3,143,000	4,200,000	3,143,000
Impairment of long-lived assets					900,000
Proceeds from sale of held-for-sale building and land				1,100,000		1,137,000	$ 0
Gain (loss) on disposal				100,000
Funds invested under lease				39,809,000	$ 32,531,000	39,809,000	$ 6,826,000	$ 1,142,000
Assets Held-for-Sale
Commitments And Contingencies [Line Items]
Acres of land | a					31.5
Number of manufacturing buildings | Building					2
Area of real estate property | ft²					163
Assets held for sale				3,100,000	$ 5,100,000	3,100,000
Off Balance Sheet Financing - Synthetic Lease Arrangements | City of Manchester | Land Lease
Commitments And Contingencies [Line Items]
Acres of land | a			16.9
Lease term			48 years 6 months
Number of renewal options for lease agreement | Renewal_Option			2
Renewal term of lease			5 years
Renewal term of lease			3 years 6 months
Minimum lease payments			$ 13,300,000
Lease term, included in facility lease			6 months
Off Balance Sheet Financing - Synthetic Lease Arrangements | MUFG Americas Capital Leasing and Finance, LLC | Building Lease
Commitments And Contingencies [Line Items]
Area of real estate property | ft²			225
Lease term			6 years
Minimum lease payments			$ 1,800,000
Residual value guarantee percentage			89.00%
Off Balance Sheet Financing - Synthetic Lease Arrangements | MUFG Americas Capital Leasing and Finance, LLC | Cash Equivalents
Commitments And Contingencies [Line Items]
Funds invested under lease				39,800,000		39,800,000
Minimum | Matan Digital Printers
Commitments And Contingencies [Line Items]
Estimated material loss from outstanding claim in business acquisition				1		1
Maximum | Matan Digital Printers
Commitments And Contingencies [Line Items]
Estimated material loss from outstanding claim in business acquisition				$ 10,100,000		$ 10,100,000

Stock Repurchase Program (Detai

Stock Repurchase Program (Detail) - USD ($)	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 11, 2017	Nov. 30, 2015
Stock Repurchase Program [Line Items]
Repurchase of common stock, authorized amount			$ 125,000,000	$ 150,000,000
Aggregate shares repurchased (in shares)	1,614,166	1,019,544
Aggregate purchase price	$ 50,500,000	$ 47,000,000
Remaining available authorized repurchase amount	$ 58,900,000
Net Share Settlement
Stock Repurchase Program [Line Items]
Aggregate shares repurchased (in shares)	63,107	233,159
Value of shares surrendered to satisfy tax withholding obligations	$ 2,000,000	$ 10,000,000

Stock-based Compensation - Comp

Stock-based Compensation - Compensation Expense (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense	$ 11,923	$ 4,648	$ 30,478	$ 22,541
Income tax benefit	(1,747)	(1,525)	(4,437)	(6,929)
Stock-based compensation expense, net of tax	10,176	3,123	26,041	15,612
RSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense	10,587	3,545	25,793	18,875
ESPP purchase rights
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense	$ 1,336	$ 1,103	$ 4,685	$ 3,666

Stock-based Compensation - ESPP

Stock-based Compensation - ESPP Purchase Rights (Detail) - ESPP purchase rights - $ / shares	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average fair value per share (in usd per share)	$ 13.91	$ 12.09
Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected volatility	37.00%	24.00%
Risk-free interest rate	2.20%	0.70%
Expected term (in years)	6 months	6 months
Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected volatility	80.00%	28.00%
Risk-free interest rate	2.70%	1.30%
Expected term (in years)	2 years	2 years

Stock-based Compensation - Addi

Stock-based Compensation - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Millions	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grants in Period (in shares)		0
Stock options outstanding (in shares)	100,000
Stock options exercisable (in shares)	150,000
Stock options, aggregate intrinsic value	$ 1.8
Stock options, weighted average exercise price (in USD per share)	$ 15.9975
Stock options, weighted average remaining contractual term (years)	8 months 22 days
Granted (in shares)	1,814,000
Consecutive trading days, vesting threshold	90 days
Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grants in Period (in shares)	0
RSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fair value of RSUs vested during the year	$ 12.4
Aggregate intrinsic value of RSUs vested and expected to vest	$ 57.7
Weighted average period of recognition of unrecognized compensation cost	1 year 1 month
Performance-based options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares)	0
Market-based
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares)	0
Market-based stock options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares)	0
Minimum | RSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period	1 year
Maximum | RSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period	4 years

Stock-based Compensation - Sche

Stock-based Compensation - Schedule of Non-Vested RSUs (Detail)	9 Months Ended
	Sep. 30, 2018$ / sharesshares
Shares
Beginning balance (in shares) | shares	2,280,000
Granted (in shares) | shares	1,814,000
Vested (in shares) | shares	(307,000)
Forfeited (in shares) | shares	(710,000)
Ending balance (in shares) | shares	3,077,000
Weighted average grant date fair value
Beginning balance (in USD per share) | $ / shares	$ 39.16
Granted (in USD per share) | $ / shares	31.13
Vested (in USD per share) | $ / shares	40.36
Forfeited (in USD per share) | $ / shares	43.33
Ending balance (in USD per share) | $ / shares	$ 33.35
Time-based
Shares
Beginning balance (in shares) | shares	1,048,000
Granted (in shares) | shares	985,000
Vested (in shares) | shares	(287,000)
Forfeited (in shares) | shares	(96,000)
Ending balance (in shares) | shares	1,650,000
Weighted average grant date fair value
Beginning balance (in USD per share) | $ / shares	$ 35.76
Granted (in USD per share) | $ / shares	31.31
Vested (in USD per share) | $ / shares	40.04
Forfeited (in USD per share) | $ / shares	34.90
Ending balance (in USD per share) | $ / shares	$ 32.41
Performance-based
Shares
Beginning balance (in shares) | shares	1,209,000
Granted (in shares) | shares	829,000
Vested (in shares) | shares	(20,000)
Forfeited (in shares) | shares	(614,000)
Ending balance (in shares) | shares	1,404,000
Weighted average grant date fair value
Beginning balance (in USD per share) | $ / shares	$ 42.18
Granted (in USD per share) | $ / shares	30.92
Vested (in USD per share) | $ / shares	44.84
Forfeited (in USD per share) | $ / shares	44.65
Ending balance (in USD per share) | $ / shares	$ 34.42
Market-based
Shares
Beginning balance (in shares) | shares	23,000
Granted (in shares) | shares	0
Vested (in shares) | shares	0
Forfeited (in shares) | shares	0
Ending balance (in shares) | shares	23,000
Weighted average grant date fair value
Beginning balance (in USD per share) | $ / shares	$ 35.15
Granted (in USD per share) | $ / shares	0
Vested (in USD per share) | $ / shares	0
Forfeited (in USD per share) | $ / shares	0
Ending balance (in USD per share) | $ / shares	$ 35.15

Stock-based Compensation - Perf

Stock-based Compensation - Performance-Based RSUs (Detail) - $ / shares	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grant date fair value per share (in USD per share)	$ 31.13
Performance-based
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grant date fair value per share (in USD per share)	30.92
Performance-based | Short-term
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grant date fair value per share (in USD per share)	$ 28.26	$ 47.23
Service period (years)	1 year	1 year
Performance-based | Long-term
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grant date fair value per share (in USD per share)	$ 34.56	$ 45.96
Service period (years)	3 years
Performance-based | Long-term | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Service period (years)		2 years
Performance-based | Long-term | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Service period (years)		3 years

Restructuring and Other - Addit

Restructuring and Other - Additional Information (Detail) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018USD ($)employee	Sep. 30, 2017USD ($)employee	Sep. 30, 2018USD ($)employee	Sep. 30, 2017USD ($)employee
Reorganizations [Abstract]
Restructuring and other costs	$ 2,799	$ 832	$ 10,477	$ 5,421
Severance charges	$ 1,600	$ 300	$ 5,900	$ 3,800
Number of positions eliminated | employee	30	15	113	128
Facilities relocation and downsizing expenses	$ 400	$ 400	$ 1,400	$ 600
Integration expenses	$ 900	$ 200	$ 3,200	$ 1,000

Restructuring and Other - Reser

Restructuring and Other - Reserve Activities (Detail) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017
Restructuring Reserve [Roll Forward]
Beginning reserve balance	$ 2,452	$ 1,824
Restructuring charges	6,289	4,101
Other charges	4,188	1,321
Non-cash restructuring and other	(686)	(182)
Payments	(9,751)	(4,720)
Ending reserve balance	$ 2,492	$ 2,344

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Benefit from (provision for) income taxes	$ 4,265	$ (791)	$ 1,868	$ (795)
Income (loss) before income taxes	(2,345)	4,245	225	11,795
Benefit from (provision for) income taxes before discrete items	932	$ (1,973)	$ (105)	$ (4,517)
U.S. Statutory income tax rate			21.00%		35.00%
Tax charge					$ 27,500
Estimated charges related to deemed repatriation transition tax	700		$ (500)		(17,000)
Estimated charges related to deemed repatriation transition tax, gross					27,000
Foreign tax credits					10,000
Estimated charges related to remeasurement of U.S. deferred tax assets and liabilities					10,500
Unrecognized tax benefits that would affect the effective tax rate if recognized	30,800		30,800		$ 33,900
Gross unrecognized tax benefits decrease in next 12 months	6,900		6,900
Offset to deferred tax assets for unrecognized tax benefits			15,500
Estimated unrecognized tax benefits	$ 15,300		$ 15,300

Income Taxes - Tax Provisions R

Income Taxes - Tax Provisions Reconciled to Recorded Provision (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Income Tax Disclosure [Abstract]
Benefit from (provision for) income taxes before discrete items	$ 932	$ (1,973)	$ (105)	$ (4,517)
Interest related to unrecognized tax benefits	71	0	(154)	(121)
Benefit from (provision for) stock-based compensation, including ESPP dispositions	112	(363)	86	1,934
Benefit from reversals of uncertain tax positions	2,333	1,845	2,528	1,825
Benefit from (provision for) reassessment of taxes upon filing tax returns	135	(300)	213	(396)
Benefit from (provision for) reassessment of taxes upon tax law change	0	0	(160)	480
Benefit from (provision for) deemed repatriation transition tax	682	0	(540)	0
Benefit from (provision for) income taxes	$ 4,265	$ (791)	$ 1,868	$ (795)