Electronics For Imaging (EFII) 10-Q 2 May 17 2017 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2017	Apr. 17, 2017
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q1
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 Common Stock, Shares Outstanding		46,520,513

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Current assets:
Cash and cash equivalents	$ 151,096	$ 164,313
Short-term investments, available for sale	292,403	295,428
Accounts receivable, net of allowances of $24.9 and $23.3 million, respectively	225,529	220,813
Inventories	113,810	99,075
Income taxes receivable	1,031	975
Assets held for sale	3,781	3,781
Other current assets	35,201	31,881
Total current assets	822,851	816,266
Property and equipment, net	103,181	103,304
Restricted investments and cash equivalents	10,660	6,252
Goodwill	371,674	359,841
Intangible assets, net	136,458	122,997
Deferred tax assets	58,562	58,477
Other assets	16,132	14,359
Total assets	1,519,518	1,481,496
Current liabilities:
Accounts payable	109,835	114,287
Accrued and other liabilities	98,925	85,505
Deferred revenue	65,408	53,813
Income taxes payable	9,815	10,256
Total current liabilities	283,983	263,861
Convertible senior notes, net	308,000	304,484
Imputed financing obligation related to build-to-suit lease	14,024	14,152
Noncurrent contingent and other liabilities	54,048	42,786
Deferred tax liabilities	14,940	16,351
Noncurrent income taxes payable	11,864	12,030
Total liabilities	686,859	653,664
Commitments and contingencies (Note 8)
Stockholders' equity:
Preferred stock, $0.01 par value; 5,000 shares authorized; none issued and outstanding
Common stock, $0.01 par value; 150,000 shares authorized; 53,546 and 53,038 shares issued, respectively	535	530
Additional paid-in capital	722,031	705,901
Treasury stock, at cost; 6,950 and 6,457 shares, respectively	(296,185)	(273,730)
Accumulated other comprehensive loss	(18,334)	(24,694)
Retained earnings	424,612	419,825
Total stockholders' equity	832,659	827,832
Total liabilities and stockholders' equity	$ 1,519,518	$ 1,481,496

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016
Statement of Financial Position [Abstract]
Accounts receivable, allowances	$ 24.9	$ 23.3
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	150,000,000	150,000,000
Common stock, shares issued	53,546,000	53,038,000
Treasury stock, shares	6,950,000	6,457,000

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands		3 Months Ended
		Mar. 31, 2017	Mar. 31, 2016
Income Statement [Abstract]
Revenue		$ 228,691	$ 234,133
Cost of revenue	[1]	105,161	115,736
Gross profit		123,530	118,397
Operating expenses:
Research and development	[1]	39,627	37,122
Sales and marketing	[1]	43,035	41,530
General and administrative	[1]	21,029	20,832
Restructuring and other (Note 11)		918	2,715
Amortization of identified intangibles		10,778	9,229
Total operating expenses		115,387	111,428
Income from operations		8,143	6,969
Interest expense		(4,660)	(4,358)
Interest income and other income (expense), net		287	(221)
Income before income taxes		3,770	2,390
Benefit from (provision for) income taxes		1,017	(287)
Net income		$ 4,787	$ 2,103
Net income per basic common share		$ 0.10	$ 0.04
Net income per diluted common share		$ 0.10	$ 0.04
Shares used in basic per-share calculation		46,551	47,215
Shares used in diluted per-share calculation		47,208	47,923
[1]	Includes stock-based compensation expense as follows: 2017 2016 Cost of revenue $ 834 $ 697 Research and development 3,570 3,039 Sales and marketing 2,295 2,349 General and administrative 3,581 5,199

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Operations (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Recognized stock-based compensation expense	$ 10,280	$ 11,284
Cost of Revenue [Member]
Recognized stock-based compensation expense	834	697
Research and Development [Member]
Recognized stock-based compensation expense	3,570	3,039
Sales and Marketing [Member]
Recognized stock-based compensation expense	2,295	2,349
General and Administrative [Member]
Recognized stock-based compensation expense	$ 3,581	$ 5,199

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Statement of Comprehensive Income [Abstract]
Net income	$ 4,787	$ 2,103
Net unrealized investment gains:
Unrealized holding gains, net of tax provisions of less than $0.1 million and $0.5 million, respectively	135	776
Reclassification adjustments included in net income, net of tax benefit of less than $0.1 million and tax provision of less than $0.1 million, respectively	(4)	18
Net unrealized investment gains	131	794
Currency translation adjustments, net of no tax benefit and a tax benefit of $0.8 million, respectively	6,174	6,446
Net unrealized gains on cash flow hedges	55	51
Comprehensive income	$ 11,147	$ 9,394

Condensed Consolidated Stateme7

Condensed Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Statement of Comprehensive Income [Abstract]
Unrealized holding gains, tax benefit		$ 0.5
Reclassification adjustments included in net income, net of tax benefits (provision)
Currency translation adjustments, tax benefits	$ 0	$ 0.8

Condensed Consolidated Stateme8

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Cash flows from operating activities:
Net income	$ 4,787	$ 2,103
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	14,929	13,008
Deferred taxes	(899)	(3,827)
Provisions for bad debt and sales-related allowances	2,822	4,140
Provision for inventory obsolescence	752	2,272
Stock-based compensation, net of cash settlements	10,280	11,265
Non-cash accretion of interest expense on convertible notes and imputed financing obligation	3,672	3,273
Other non-cash charges and credits	2,486	2,878
Changes in operating assets and liabilities, net of effect of acquired businesses	(23,931)	(26,147)
Net cash provided by operating activities	14,898	8,965
Cash flows from investing activities:
Purchases of short-term investments	(35,149)	(58,323)
Proceeds from sales and maturities of short-term investments	38,235	110,417
Purchases of restricted investments and cash equivalents	(4,405)
Purchases, net of proceeds from sales, of property and equipment	(3,789)	(5,213)
Businesses purchased, net of cash acquired	(5,700)	(7,982)
Net cash (used for) provided by investing activities	(10,808)	38,899
Cash flows from financing activities:
Proceeds from issuance of common stock	5,855	4,909
Purchases of treasury stock and net share settlements	(22,455)	(23,092)
Repayment of debt assumed through business acquisitions and debt issuance costs	(411)	(4,492)
Contingent consideration payments related to businesses acquired	(1,265)	(1,443)
Net cash used for financing activities	(18,276)	(24,118)
Effect of foreign exchange rate changes on cash and cash equivalents	969	2,319
(Decrease) increase in cash and cash equivalents	(13,217)	26,065
Cash and cash equivalents at beginning of quarter	164,313	164,091
Cash and cash equivalents at end of quarter	$ 151,096	$ 190,156

Basis of Presentation and Signi

Basis of Presentation and Significant Accounting Policies	3 Months Ended
	Mar. 31, 2017
Accounting Policies [Abstract]
Basis of Presentation and Significant Accounting Policies	1. 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 (“U.S. GAAP” or “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 10-K. Recent Accounting Pronouncements Inventory Valuation. 2015-11, 2015-11 2015-11 Revenue Recognition. 2014-09, 2016-10, The guidance requires comprehensive annual and interim disclosures regarding the nature, amount, timing, and uncertainty of recognized revenue. Qualitative and quantitative disclosures will be required regarding: • contracts with customers, including revenue and impairments recognized, disaggregation, and information about contract balances and performance obligations, • significant judgments and changes in judgments required to determine the transaction price, amounts allocated to performance obligations, and the timing for recognizing revenue resulting from the satisfaction of performance obligations, and • assets recognized from the costs to obtain or fulfill a contract. ASU 2014-09 2014-09. Upon initial evaluation, we believe the key changes in the guidance that impact our revenue recognition relate to the allocation of contract revenue between various services and software licenses, and the timing of when those revenues are recognized. The requirement to defer incremental contract acquisition costs and recognize them over the contract period or expected customer life will result in the recognition of a deferred charge on our balance sheet. We are currently assessing the impact of these requirements on our consolidated financial statements upon adoption. Principal vs Agent. 2016-08, Several indicators of the nature of the relationship that are considered under current guidance have been streamlined and clarified in the new guidance by focusing more specifically on the performance obligations that must be fulfilled in the transaction, which entity carries the inventory risk in the transaction, and which entity controls the pricing of the good or service. Credit risk will no longer be a criterion. This guidance will be effective in the first quarter of 2018. We are evaluating its impact on our revenue and results of operations. Stock-based Compensation. 2016-09, • Under this guidance, all excess tax benefits and deficiencies were recognized as income tax expense. Excess tax benefits of less than $0.1 million that were charged to additional paid-in • The requirement to reclassify gross excess tax benefits related to stock-based compensation from operating to financing activities in the statement of cash flows was eliminated. The reclassification of $0.2 million in the first quarter of 2016 has been reversed upon adoption. We applied this guidance retrospectively to all prior periods to maintain the comparability of presentation between periods, which resulted in a $0.2 million increase in cash flows provided by operating activities during the three months ended March 31, 2016, and a corresponding decrease in cash flows provided by financing activities. • We elected to account for forfeitures when they occur instead of estimating the expected forfeiture rate. Adoption of this provision during the second quarter of 2016 resulted in a retroactive net income adjustment of $0.2 million, net of tax effect, in the first quarter of 2016 and a cumulative effect adjustment to retained earnings of $2.1 million, net of tax, as of January 1, 2016. • Statutory tax withholding is permitted up to the maximum statutory tax rate in applicable jurisdictions. The retrospective impact of this provision on prior period financial statements is not material. Financial Instruments. 2016-13, available-for-sale available-for-sale ASU 2016-13 available-for-sale Settlement of Convertible Debt. 2016-15, ASU 2016-15 Restricted Cash. 2016-18, beginning-of-period end-of-period ASU 2016-18 Lease Arrangements. 2016-02, right-of-use right-to-use The recognition, measurement, and presentation of expenses and cash flows by a lessee have not significantly changed from previous guidance. There continues to be a differentiation between finance leases and operating leases. The criteria for determining whether a lease is a financing or operating lease are substantially the same as existing guidance except that the “bright line” percentages have been removed. • For finance leases, interest is recognized on the lease liability separately from depreciation of the right-of-use • 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 build-to-suit We have not quantified the impact, but we expect our consolidated financial position and results of operations to be materially affected. Definition of a Business. 2017-01, 2017-01, Our condensed consolidated financial statements may be impacted if an acquisition does not qualify as a business combination after ASU 2017-01 Nonfinancial Asset Derecognition. 2017-05, 2014-09) ASU 2017-05 2014-09; 2014-09 2017-05. Supplemental Cash Flow Information Three Months Ended March 31, (in thousands) 2017 2016 Net cash paid for income taxes $ 2,092 $ 1,960 Cash paid for interest expense $ 1,661 $ 1,694 Acquisitions of businesses: Cash paid for businesses purchased, excluding contingent consideration $ 5,700 $ 8,238 Cash acquired in business acquisition — (256 ) Net cash paid for businesses purchased, net of cash acquired $ (5,700 ) $ 7,982 Common stock issued in connection with Reggiani Macchine SpA (“Reggiani”) acquisition $ — $ 73 Non-cash Non-cash $ — $ 2,733 Property, equipment, and intellectual property received, but not paid 1,060 1,478 $ 1,060 $ 4,211

Earnings Per Share

Earnings Per Share	3 Months Ended
	Mar. 31, 2017
Earnings Per Share [Abstract]
Earnings Per Share	2. 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 non-vested Performance-based and market-based restricted stock and stock options 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 in accordance with ASC 260-10-45-48. non-GAAP non-GAAP Basic and diluted earnings per share during the three months ended March 31, 2017 and 2016 are reconciled as follows (in thousands, except per share amounts): Three months ended March 31, 2017 2016 Basic net income per share: Net income available to common shareholders $ 4,787 $ 2,103 Weighted average common shares outstanding 46,551 47,215 Basic net income per share $ 0.10 $ 0.04 Diluted net income per share: Net income available to common shareholders $ 4,787 $ 2,103 Weighted average common shares outstanding 46,551 47,215 Diluted stock options and non-vested 657 708 Weighted average common shares outstanding for purposes of computing diluted net income per share 47,208 47,923 Diluted net income per share $ 0.10 $ 0.04 Potential shares of common stock that are not included in the determination of diluted net income per share because they are anti-dilutive consist of ESPP purchase rights having an anti-dilutive effect of less than 0.1 million shares for the three months ended March 31, 2017 and 2016. 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. The effects of these potentially outstanding shares were not included in the calculation of diluted net income per share 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 also 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 6 – Convertible Senior Notes, Note Hedges, and Warrants of the Notes to Condensed Consolidated Financial Statements for additional information.

Balance Sheet Details

Balance Sheet Details	3 Months Ended
	Mar. 31, 2017
Text Block [Abstract]
Balance Sheet Details	3. Balance Sheet Details Inventories Inventories, net of allowances, as of March 31, 2017 and December 31, 2016 are as follows (in thousands): March 31, December 31, 2017 2016 Raw materials $ 49,675 $ 45,798 Work in process 10,633 7,362 Finished goods 53,502 45,915 $ 113,810 $ 99,075 Deferred Cost of Revenue Deferred cost of revenue related to unrecognized revenue on shipments to customers was $3.5 and $3.4 million as of March 31, 2017 and December 31, 2016, respectively, and is included in other current assets in our Condensed Consolidated Balance Sheets. Product Warranty Reserves The changes in product warranty reserves during the three months ended March 31, 2017 and 2016 are as follows (in thousands): 2017 2016 Balance at January 1, $ 10,319 $ 9,635 Liability assumed upon acquiring FreeFlow print server (“FFPS”) 9,368 — Provisions, net of releases 3,564 3,073 Settlements (4,144 ) (3,041 ) Balance at March 31, $ 19,107 $ 9,667 Accumulated Other Comprehensive Loss (“OCI”) OCI classified within stockholders’ equity in our Condensed Consolidated Balance Sheets as of March 31, 2017 and December 31, 2016 is as follows (in thousands): March 31, December 31, 2017 2016 Net unrealized investment losses $ (342 ) $ (473 ) Currency translation losses (18,056 ) (24,230 ) Net unrealized gains on cash flow hedges 64 9 Accumulated other comprehensive loss $ (18,334 ) $ (24,694 ) Amounts reclassified out of OCI were less than $0.1 million, net of tax, during the three months ended March 31, 2017 and 2016, and consisted of unrealized gains and losses from investments in debt securities that are reported within interest income and other income (expense), net, in our Condensed Consolidated Statements of Operations.

Acquisition

Acquisition	3 Months Ended
	Mar. 31, 2017
Business Combinations [Abstract]
Acquisition	4. Acquisition We acquired certain assets comprising the FFPS business from Xerox Corporation (“Xerox”), a New York corporation headquartered in Norwalk, Connecticut, on January 31, 2017. FFPS is included in our Fiery operating segment. Acquisition-related transaction costs were $0.7 million during the three months ended March 31, 2017. We purchased FFPS for cash consideration of $23.9 million consisting of $5.9 million paid at closing, $9.0 million payable in July 2017, and $9.0 million payable in July 2018, which have been discounted at our incremental borrowing rate of 4.98%, resulting in a purchase price of $23.0 million. FFPS is a digital front end (“DFE”) that previously competed with our Fiery DFE. This acquisition was accounted for as a purchase business combination. We allocated the purchase price to the tangible and identifiable intangible assets acquired and liabilities assumed based on their estimated fair value on January 31, 2017, which is the acquisition date. Excess purchase consideration was recorded as goodwill. Factors contributing to a purchase price that results in goodwill include, but are not limited to, the opportunity to cross-sell FFPS DFEs to existing customers, the positive reputation of FFPS in the market, the opportunity to sell Fiery DFEs to FFPS customers, and the opportunity to expand our presence in the DFE market through the synergy of FFPS technology with existing Fiery products. We engaged a third party valuation firm to aid management in its analyses of the fair value of FFPS. All estimates, key assumptions, and forecasts were either provided by or reviewed by us. While we chose to utilize a third party valuation firm, the fair value analyses and related valuations represent the conclusions of management and not the conclusions or statements of any third party. The purchase price allocation is preliminary and subject to change within the measurement period as the valuation is finalized. We expect to continue to obtain information to assist us in finalizing the fair value of the net assets acquired during the measurement period, which ends on January 31, 2018. Measurement period adjustments will be recognized in the reporting period in which the adjustment amounts are determined, if any. Valuation Methodologies Intangible assets acquired from FFPS consist of a purchasing agreement between the parties, “take-or-pay” in-process Purchasing Agreement Take-or-pay 12-month one-time Trade Name Existing Technology IPR&D The allocation of the FFPS purchase price to the assets acquired and liabilities assumed (in thousands) is summarized as follows: Weighted Purchase Price Purchasing agreement 10 years $ 8,800 Take-or-pay 4 years 9,000 Existing technology 2 years 2,570 Trade name 5 years 1,020 IPR&D — 70 Goodwill — 7,120 28,580 Net tangible liabilities (5,537 ) Total purchase price $ 23,043 Pro forma results of operations for FFPS have not been presented because they are not material to our Condensed Consolidated Results of Operations for the three months ended March 31, 2017 and 2016. Goodwill, which represents the excess of the purchase price over the net tangible and intangible assets acquired, that was generated by our acquisition of FFPS is not deductible for tax purposes.

Investments and Fair Value Meas

Investments and Fair Value Measurements	3 Months Ended
	Mar. 31, 2017
Text Block [Abstract]
Investments and Fair Value Measurements	5. Investments and Fair Value Measurements We invest our excess cash on deposit with major banks in money market, 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 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 has approximated fair value. Marketable investments with a maturity greater than three months are classified as available-for-sale Available-for-sale Our available-for-sale Amortized cost Gross unrealized Gross unrealized Fair value March 31, 2017 U.S. Government and sponsored entities $ 70,895 $ 38 $ (328 ) $ 70,605 Corporate debt securities 197,310 133 (427 ) 197,016 Municipal government 1,661 — — 1,661 Asset-backed securities 21,789 71 (29 ) 21,831 Mortgage-backed securities – residential 1,291 2 (3 ) 1,290 Total short-term investments $ 292,946 $ 244 $ (787 ) $ 292,403 December 31, 2016 U.S. Government and sponsored entities $ 70,893 $ 49 $ (348 ) $ 70,594 Corporate debt securities 198,166 102 (621 ) 197,647 Municipal government 1,278 — (1 ) 1,277 Asset-backed securities 24,233 79 (17 ) 24,295 Mortgage-backed securities – residential 1,615 3 (3 ) 1,615 Total short-term investments $ 296,185 $ 233 $ (990 ) $ 295,428 The fair value and duration that investments, including cash equivalents, have been in a gross unrealized loss position as of March 31, 2017 and December 31, 2016 are as follows (in thousands): Less than 12 Months More than 12 Months TOTAL Fair Value Unrealized Fair Unrealized Fair Value Unrealized March 31, 2017 U.S. Government and sponsored entities $ 43,964 $ (328 ) $ — $ — $ 43,964 $ (328 ) Corporate debt securities 127,857 (417 ) 6,190 (10 ) 134,047 (427 ) Asset-backed securities 8,973 (22 ) 2,742 (7 ) 11,715 (29 ) Mortgage-backed securities – residential 382 (1 ) 129 (2 ) 511 (3 ) Total $ 181,176 $ (768 ) $ 9,061 $ (19 ) $ 190,237 $ (787 ) December 31, 2016 U.S. Government and sponsored entities $ 39,810 $ (348 ) $ — $ — $ 39,810 $ (348 ) Corporate debt securities 133,382 (581 ) 13,158 (40 ) 146,540 (621 ) Municipal government 1,268 (1 ) — — 1,268 (1 ) Asset-backed securities 4,540 (7 ) 4,611 (10 ) 9,151 (17 ) Mortgage-backed securities – residential 428 (1 ) 153 (2 ) 581 (3 ) Total $ 179,428 $ (938 ) $ 17,922 $ (52 ) $ 197,350 $ (990 ) For fixed income securities that have unrealized losses as of March 31, 2017, we have determined that 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 March 31, 2017 were temporary in nature. Amortized cost and estimated fair value of investments as of March 31, 2017 are summarized by maturity date as follows (in thousands): Amortized cost Fair value Mature in less than one year $ 99,520 $ 99,463 Mature in one to three years 193,426 192,940 Total short-term investments $ 292,946 $ 292,403 Net realized gains of less than $0.1 million from sales of investments were recognized in interest income and other income (expense), net, during the three months ended March 31, 2017 and 2016. Net unrealized losses of 0.5 and $0.8 million were included in OCI in the accompanying Condensed Consolidated Balance Sheets as of March 31, 2017 and December 31, 2016, respectively. Fair Value Measurements ASC 820, Fair Value Measurements, identifies fair value as the exchange price, or exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. As a basis for considering market participant assumptions in fair value measurements, ASC 820 establishes a three-tier fair value hierarchy 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 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 the 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 chose to 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 investments and liabilities measured at fair value have been presented in accordance with the fair value hierarchy specified in ASC 820 as of March 31, 2017 and December 31, 2016 in order of liquidity as follows (in thousands): Quoted Prices Significant in Active other Markets for Observable Unobservable Identical Assets Inputs Inputs Total (Level 1) (Level 2) (Level 3) March 31, 2017 Assets: Money market funds $ 9,585 $ 9,585 $ — $ — U.S. Government and sponsored entities 70,605 51,143 19,462 — Corporate debt securities 197,016 — 197,016 — Municipal government 1,661 — 1,661 — Asset-backed securities 21,831 — 21,767 64 Mortgage-backed securities – residential 1,290 — 1,290 — $ 301,988 $ 60,728 $ 241,196 $ 64 Liabilities: Contingent consideration, current and noncurrent $ 58,192 $ — $ — $ 58,192 Self-insurance 1,641 — — 1,641 $ 59,833 $ — $ — $ 59,833 December 31, 2016 Assets: Money market funds $ 23,575 $ 23,575 $ — $ — U.S. Government and sponsored entities 70,594 51,870 18,724 — Corporate debt securities 197,647 — 197,647 — Municipal government 1,277 — 1,277 — Asset-backed securities 24,295 — 24,228 67 Mortgage-backed securities – residential 1,615 — 1,615 — $ 319,003 $ 75,445 $ 243,491 $ 67 Liabilities: Contingent consideration, current and noncurrent $ 56,463 $ — $ — $ 56,463 Self-insurance 1,542 — — 1,542 $ 58,005 $ — $ — $ 58,005 Money market funds consist of $9.6 and $23.6 million, which have been classified as cash equivalents as of March 31, 2017 and December 31, 2016, 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 three months ended March 31, 2017 and 2016. 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 two asset-backed securities collateralized by mortgage loans, which have been fully reserved. Liabilities for Contingent Consideration Acquisition-related liabilities for contingent consideration (i.e., earnouts) are related to the purchase business combinations of Optitex Ltd. (“Optitex”) and Rialco Limited (“Rialco”) in 2016; Shuttleworth Business Systems Limited and CDM Solutions Limited (collectively, “Shuttleworth”), CTI, and Reggiani in 2015; DiMS! organizing print BV (“DIMS”), DirectSmile GmbH (“DirectSmile”), and SmartLinc, Inc. (“SmartLinc”) in 2014; Outback Software Pty. Ltd. doing business as Metrix Software (“Metrix”) and PrintLeader Software (“PrintLeader”) in 2013. The fair value of these earnouts is estimated to be $58.2 and $56.5 million as of March 31, 2017 and December 31, 2016, respectively, by applying the income approach in accordance with ASC 805-30-25-5, 820-10-35 The fair value of contingent consideration increased by $1.3 million primarily due to an increase in the Optitex earnout performance probability, including $0.4 million of earnout interest accretion related to all acquisitions during the three months ended March 31, 2017. The fair value of contingent consideration increased by $6.8 million primarily due to increased Rialco, Optitex, Reggiani, DirectSmile, and CTI earnout performance probabilities, partially offset by decreased DIMS and Shuttleworth earnout performance probabilities, and including $2.7 million of earnout interest accretion related to all acquisitions during the year ended December 31, 2016. In accordance with ASC 805-30-35-1, Earnout payments during the three months ended March 31, 2017 of $1.3 million are primarily related to the previously accrued Shuttleworth contingent consideration liability. Earnout payments during the year ended December 31, 2016 of $23.8, $3.6, $0.4, and $0.2 million are primarily related to the previously accrued Reggiani, DirectSmile, SmartLinc, and Metrix contingent consideration liabilities, respectively. Changes in the fair value of contingent consideration are summarized as follows (in thousands): Fair value of contingent consideration at January 1, 2016 $ 54,796 Fair value of Rialco contingent consideration at March 1, 2016 2,109 Fair value of Optitex contingent consideration at June 16, 2016 22,300 Changes in valuation 6,813 Payments (28,111 ) Foreign currency adjustment (1,444 ) Fair value of contingent consideration at December 31, 2016 $ 56,463 Changes in valuation $ 1,283 Payments (1,265 ) Foreign currency adjustment 1,711 Fair value of contingent consideration at March 31, 2017 $ 58,192 Since the primary inputs to the fair value measurement of contingent consideration liability are the discount rate and probability-adjusted revenue, we reviewed the sensitivity of the fair value measurement to changes in these inputs. We assessed the probability of achieving the revenue performance targets for contingent consideration associated with each acquisition at percentage levels between 60% 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 $1.6 million or a decrease of $2.6 million resulting in a corresponding adjustment to general and administrative expense. A change in the discount rate of one percentage point results in an increase in the fair value of contingent consideration of $0.2 million or a decrease of $0.9 million. The potential undiscounted amount of future contingent consideration cash payments that we could be required to make related to our business acquisitions, beyond amounts currently accrued, is $11.9 million as of March 31, 2017. 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 $165.5 and $161.8 million as of March 31, 2017 and December 31, 2016, respectively. The fair value of our derivative assets and liabilities that were designated for cash flow hedge accounting treatment having notional amounts of $3.3 and $3.2 million as of March 31, 2017 and December 31, 2016, respectively, was not material. 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 approximate fair value of the Notes as of March 31, 2017 was approximately $377 million and was considered 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. A substantial portion of the market value of our Notes in excess of the outstanding principal amount relates to the conversion premium.

Convertible Senior Notes ("Note

Convertible Senior Notes ("Notes"), Note Hedges, and Warrants	3 Months Ended
	Mar. 31, 2017
Debt Disclosure [Abstract]
Convertible Senior Notes ("Notes"), Note Hedges, and Warrants	6. Convertible Senior Notes (“Notes”), Note Hedges, and Warrants 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 2019 (“Notes”). The Notes were sold to the initial purchasers for resale to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended. 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, commencing March 1, 2015. 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 March 31, 2017, none of the conditions listed below allowing holders of the Notes to convert had been met. Throughout the term of the Notes, the conversion rate may be adjusted upon the occurrence of certain events. Holders of the Notes will not receive any cash payment representing accrued and unpaid interest upon conversion of a Note. Holders may convert their Notes only under the following circumstances: • if the last reported sale price of our common stock for at least 20 trading days (whether or not consecutive) during a period of 30 consecutive trading days ending on the last trading day of the immediately preceding calendar quarter is greater than or equal to 130% of the conversion price on each applicable trading day; • during the five business day period after any five consecutive trading day period (“Notes Measurement Period”) in which the “trading price” (as the term is defined in the Indenture) per $1,000 principal amount of Notes for each trading day of such Notes Measurement Period was less than 98% of the product of the last reported stock price on such trading day and the conversion rate on each such trading day; • upon the occurrence of specified corporate events; or • at any time on or after March 1, 2019 until the close of business on the second scheduled trading day immediately preceding the maturity date. We separated the Notes into liability and equity components. The carrying amount of the liability component was calculated by measuring the estimated fair value of a similar liability that does not have an associated convertible feature. The carrying amount of the equity component representing the conversion option was determined by deducting the fair value of the liability component from the face value of the Notes as a whole. 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 as long as it continues to meet the conditions for equity classification. We allocated the total transaction costs incurred by the Notes issuance 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 consist of the following as of March 31, 2017 and December 31, 2016 (in thousands): March 31, December 31, 2017 2016 Liability component $ 345,000 $ 345,000 Debt discount, net of amortization (32,973 ) (36,115 ) Debt issuance costs, net of amortization (4,027 ) (4,401 ) Net carrying amount $ 308,000 $ 304,484 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 related to the Notes during the three months ended March 31, 2017 and 2016 was as follows (in thousands): 2017 2016 0.75% coupon $ 640 $ 640 Amortization of debt issuance costs 374 355 Amortization of debt discount 3,142 2,976 $ 4,156 $ 3,971 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 correspond 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 entered into warrant transactions (“Warrants”), whereby we sold warrants to acquire shares of our common stock at a strike price of $68.86 per share. 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

Income taxes

Income taxes	3 Months Ended
	Mar. 31, 2017
Income Tax Disclosure [Abstract]
Income taxes	7. Income taxes We recognized a tax benefit of $1.0 million and a provision of $0.3 million on pretax net income of $3.8 and $2.4 million during the three months ended March 31, 2017 and 2016, respectively. The provisions for income taxes before discrete items reflected in the table below were $1.1 and $0.5 million during the three months ended March 31, 2017 and 2016, respectively. The increase in the provision for income taxes before discrete items for the three months ended March 31, 2017, compared with the same period in the prior year, is primarily due to the increase in 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 of 35% include lower taxes on permanently reinvested foreign earnings and the tax effects of stock-based compensation expense pursuant to ASC 718-740, non-deductible Our tax provision before discrete items is reconciled to our recorded provision for income taxes during the three months ended March 31, 2017 and 2016 as follows (in millions): Three Months Ended March 31, 2017 2016 Provision for income taxes before discrete items $ 1.1 $ 0.5 Interest related to unrecognized tax benefits 0.1 0.2 Benefit related to stock based compensation, including ESPP dispositions (1.6 ) (0.1 ) Benefit from reassessment of taxes upon filing tax returns (0.1 ) (0.3 ) Benefit from reassessment of taxes upon tax law change (0.5 ) — (Benefit from) Provision for income taxes $ (1.0 ) $ 0.3 As of March 31, 2017 and December 31, 2016, gross unrecognized benefits that would affect the effective tax rate if recognized were $32.3 and $32.0 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 $3.5 million in the next twelve months primarily due to the lapse of the statute of limitations for federal and state tax purposes. 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. In accordance with ASU 2013-11, We recognize potential accrued interest and penalties related to unrecognized tax benefits in income tax expense. As of March 31, 2017 and December 31, 2016, we have accrued $0.6 and $0.5 million, respectively, for potential payments of interest and penalties. We are subject to examination by the Internal Revenue Service (“IRS”) for the 2013-2015 tax years, state tax jurisdictions for the 2012-2015 tax years, the Netherlands tax authority for the 2012-2015 tax years, the Spanish tax authority for the 2012-2015 tax years, the Israel tax authority for the 2011-2015 tax years, and the Italian tax authority for the 2012-2015 tax years.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2017
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	8. 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 more fully explained in Note 5 – Investments and Fair Value Measurements. Lease Commitments and Contractual Obligations As of March 31, 2017, we have leased certain of our current facilities under noncancellable operating lease agreements. We are required to pay property taxes, insurance, and nominal maintenance costs for certain of these facilities and any increases over the base year of these expenses on the remainder of our facilities. Assets Held for Sale Management approved a plan to sell the office building located at 1340 Corporate Center Curve, Eagan, Minnesota, consisting of 43,682 square feet and 5.6 acres of land, then enter into a lease agreement with the purchaser of the facility to lease 22,000 square feet under a ten-year On April 13, 2017, we entered into an agreement with MSP Metro Operating Company, LLC (“MSP”), under which the facility, improvements, and land were sold for a total price of $4.8 million. We simultaneously entered into a lease agreement with MSP to lease 22,000 square feet under a ten-year Off-Balance On August 26, 2016, we entered into a lease agreement and have accounted for a lease term of 48.5 years, inclusive of two renewal options of 5.0 and 3.5 years, with the City of Manchester to lease 16.9 acres adjacent to the Manchester Regional Airport. The land is subleased to Bank of Tokyo – Mitsubishi UFJ Leasing & Finance LLC (“BTMU”) during the term of the lease related to the manufacturing facility that is being constructed on the site, which is described below. Minimum lease payments are $13.1 million during the 48.5 year term of the land lease, excluding four months of the land lease that is financed into the manufacturing facility lease. On August 26, 2016, we entered into a six-year six-year The funds pledged under the lease represent 115% of the total expenditures made by BTMU through March 31, 2017. The funds are invested in $6.2 and $4.5 million of U.S. government securities and cash equivalents, respectively, with a third party trustee and will be restricted during the construction period. Upon completion of construction, the funds will be released as cash and cash equivalents. The portion of released funds that represents 100% of the total expenditures made by BTMU will be deposited with BTMU and restricted as collateral until the end of the underlying lease period. The funds pledged as collateral are invested in U.S. government securities and cash equivalents as of March 31, 2017, and are classified as Level 1 in the fair value hierarchy as more fully defined in Note 5—Investments and Fair Value Measurements. Net unrealized gains of less than $0.1 million were included in OCI in the accompanying Condensed Consolidated Balance Sheet as of March 31, 2017. We have evaluated the BTMU lease agreement to determine if the arrangement qualifies as a variable interest entity (“VIE”) under ASC 810-10, Legal Proceedings We may be involved, from time to time, 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 March 31, 2017, we are subject to the matter discussed below. Matan Digital Printing (“MDG”) Matter EFI acquired Matan Digital Printers (“Matan”) in 2015 from sellers (the “2015 Sellers”) that 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. Although we are fully indemnified and we do not believe that it is probable that we will incur a loss, it is reasonably possible that our financial statements could be materially affected by the unfavorable resolution of this matter. Accordingly, it is reasonably possible that 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. Other Matters As of March 31, 2017, we were subject to various other claims, lawsuits, investigations, and proceedings in addition to the matter 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.

Segment Information and Geograp

Segment Information and Geographic Data	3 Months Ended
	Mar. 31, 2017
Segment Reporting [Abstract]
Segment Information and Geographic Data	9. Segment Information and Geographic Data Operating segment information is required to be presented based on the internal reporting used by the chief operating decision making group (“CODM”) to allocate resources and evaluate operating segment performance. Our CODM is comprised of our Chief Executive Officer and Chief Financial Officer. The CODM group is focused on assessment and resource allocation among the Industrial Inkjet, Productivity Software, and Fiery operating segments. Our operating segments are integrated through their reporting and operating structures, shared technology and practices, shared sales and marketing, and combined production facilities. Our enterprise management processes use financial information that is closely aligned with our three operating segments at the gross profit level. Relevant discrete financial information is prepared at the gross profit level for each of our three operating segments, which is used by the CODM to allocate resources and assess the performance of each operating segment. We classify our revenue, operating segment profit (i.e., gross profit), assets, and liabilities in accordance with our operating segments as follows: Industrial Inkjet, Productivity Software, end-to-end Productivity Suite Packaging Suite, Corrugated Packaging Suite, Enterprise Commercial Print Suite, Publication Print Suite, Mid-market Quick Print Suite, in-plant Value Added Products, web-to-print, e-commerce, Fiery, Our CODM evaluates the performance of our operating segments based on net sales and gross profit. Gross profit for each operating segment includes revenue from sales to third parties and related cost of revenue attributable to the operating segment. Cost of revenue for each operating segment excludes certain expenses managed outside the operating segments consisting primarily of stock-based compensation expense. 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 Operating segment profit (i.e., gross profit), excluding stock-based compensation expense and acquisition-related inventory charges, during the three months ended March 31, 2017 and 2016 is summarized as follows (in thousands): Three months ended March 31, 2017 2016 Industrial Inkjet Revenue $ 123,263 $ 125,798 Gross profit 49,070 42,450 Gross profit percentages 39.8 % 33.7 % Productivity Software Revenue $ 35,058 $ 32,540 Gross profit 25,596 23,694 Gross profit percentages 73.0 % 72.8 % Fiery Revenue $ 70,370 $ 75,795 Gross profit 49,698 53,264 Gross profit percentages 70.6 % 70.3 % Operating segment profit (i.e., gross profit) is reconciled to our Condensed Consolidated Statements of Operations during the three months ended March 31, 2017 and 2016 as follows (in thousands): Three months ended March 31, 2017 2016 Segment gross profit $ 124,364 $ 119,408 Stock-based compensation expense (834 ) (697 ) Other items excluded from segment profit — (314 ) Gross profit $ 123,530 $ 118,397 The Fiery gross profit percentage is impacted by $1.0 million charged to cost of revenue, which reflects the FFPS cost of manufacturing plus a portion of the expected profit margin. Inventory acquired in the acquisition of FFPS is required to be recorded at fair value rather than historical cost in accordance with ASC 805. This amount is not included in the financial information regularly reviewed by the CODM as this acquisition-related charge is not indicative of the gross margin trends in the FFPS business. Excluding this charge, the Fiery gross profit percentage would be 72.1%. Tangible and intangible assets, net of liabilities, are summarized by operating segment as follows (in thousands): March 31, 2017 Industrial Productivity Fiery Corporate Net Assets Total Goodwill $ 143,472 $ 157,721 $ 70,481 $ — $ 371,674 Identified intangible assets, net 80,277 35,557 20,624 — 136,458 Tangible assets, net of liabilities 188,954 (41,270 ) 8,465 168,378 324,527 Net tangible and intangible assets $ 412,703 $ 152,008 $ 99,570 $ 168,378 $ 832,659 December 31, 2016 Goodwill $ 141,068 $ 155,475 $ 63,298 $ — $ 359,841 Identified intangible assets, net 84,465 38,440 92 — 122,997 Tangible assets, net of liabilities 156,202 (27,689 ) 33,325 183,156 344,994 Net tangible and intangible assets $ 381,735 $ 166,226 $ 96,715 $ 183,156 $ 827,832 Corporate and unallocated assets consist of cash and cash equivalents, short-term investments, restricted investments and cash equivalents, corporate headquarters facility, convertible notes, imputed financing obligation, income taxes receivable, and income taxes payable. Geographic Regions Our revenue originates in the U.S., China, the Netherlands, Germany, Italy, France, the U.K., Spain, Israel, Brazil, Australia, and New Zealand. We report revenue by geographic region based on ship-to Our revenue by ship-to Three months ended March 31, 2017 2016 Americas $ 109,895 $ 120,266 Europe, Middle East, and Africa (“EMEA”) 88,033 83,583 Asia Pacific (“APAC”) 30,763 30,284 Total revenue $ 228,691 $ 234,133

Derivatives and Hedging

Derivatives and Hedging	3 Months Ended
	Mar. 31, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivatives and Hedging	10. 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 the 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 market 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. ASC 815, Derivatives and Hedging, requires the fair value of all derivative instruments, including those embedded in other contracts, to be recorded as assets or liabilities in our Condensed Consolidated Balance Sheet. 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. non-U.S. 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 (i.e., operating expense exposure in Indian rupees; the collection of trade receivables denominated in currencies other than their functional currency and the settlement of intercompany balances denominated in currencies other than their functional currency). We do not believe there is significant risk of loss from non-performance Cash Flow Hedges Foreign currency derivative contracts with notional amounts of $3.3 million and $3.2 million have been designated as cash flow hedges of our Indian rupee operating expense exposure at March 31, 2017 and December 31, 2016, respectively. The fair value of the net assets (liabilities) related to these cash flow hedges are not material. The changes in fair value of these contracts are reported as a component of OCI 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 Forward contracts not designated for hedge accounting treatment with notional amounts of $162.2 and $158.7 million are used to hedge foreign currency balance sheet exposures at March 31, 2017 and December 31, 2016, respectively. They 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

Restructuring and Other

Restructuring and Other	3 Months Ended
	Mar. 31, 2017
Restructuring and Related Activities [Abstract]
Restructuring and Other	11. Restructuring and Other During the three months ended March 31, 2017 and 2016, cost reduction actions were taken to lower our operating expense run rate as we analyze and re-align Non-Retirement Restructuring and other costs were $0.9 and $2.7 million during the three months ended March 31, 2017 and 2016, respectively. Restructuring and other costs include severance charges of $0.4 and $2.5 million related to reductions in head count of 18 and 71 during the three months ended March 31, 2017 and 2016, respectively. Severance costs include severance payments, related employee benefits, outplacement fees, and employee relocation costs. Facilities relocation and downsizing expenses were $0.1 million during the three months ended March 31, 2017 and 2016, primarily related to the relocation of certain manufacturing and administrative locations due to reduced space requirements. Integration expenses of $0.5 and $0.1 million during the three months ended March 31, 2017 and 2016, respectively, were required to integrate our business acquisitions. Restructuring and other reserve activities during the three months ended March 31, 2017 and 2016 are summarized as follows (in thousands): 2017 2016 Reserve balance at January 1, $ 1,824 $ 3,019 Restructuring charges 285 1,846 Other charges 633 868 Non-cash (63 ) (403 ) Payments (684 ) (1,828 ) Reserve balance at March 31, $ 1,995 $ 3,502

Stock-based Compensation

Stock-based Compensation	3 Months Ended
	Mar. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-based Compensation	12. Stock-based Compensation We account for stock-based payment awards in accordance with ASC 718, Stock Compensation, which requires the measurement and recognition of compensation expense for all equity awards granted to our employees and directors, including RSUs, ESPP purchase rights, and employee stock options related to all stock-based compensation plans based on the fair value of such awards on the date of grant. We amortize stock-based compensation cost on a graded vesting basis over the vesting period reduced by forfeitures, after assessing the probability of achieving the requisite performance criteria with respect to performance-based awards. Stock-based compensation cost is recognized over the requisite service period for each separately vesting tranche of the award as though the award were, in substance, multiple awards. Stock-based compensation expense related to stock options, ESPP purchase rights, and RSUs during the three months ended March 31, 2017 and 2016 is summarized as follows (in thousands): Three months ended March 31, 2017 2016 RSUs $ 9,237 $ 10,563 ESPP purchase rights 1,043 766 Employee stock options — (45 ) Total stock-based compensation 10,280 11,284 Income tax benefit (2,873 ) (2,659 ) Stock-based compensation expense, net of tax $ 7,407 $ 8,625 Valuation Assumptions for Stock Options and ESPP Purchase Rights 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. The BSM model determines the fair value of stock-based payment awards based on the stock price on the date of grant and is affected by assumptions regarding a number of highly complex and subjective variables. These variables include, but are not limited to, our expected stock price volatility over the term of the awards, expected term, interest rates, and actual and projected employee stock option exercise behavior. Expected volatility is based on the historical volatility of our stock over a preceding period commensurate with the expected term of the option. The expected term is based upon management’s consideration of the historical life, vesting period, and contractual period of the options granted. The risk-free interest rate for the expected term of the option is based on the U.S. Treasury yield curve in effect at the time of grant. Expected dividend yield was not considered in the option pricing formula since we do not pay dividends and have no current plans to do so in the future. Stock options were not granted during the three months ended March 31, 2017 and 2016. The estimated weighted average fair value per share of ESPP purchase rights issued and the underlying weighted average assumptions for the three months ended March 31, 2017 and 2016 are as follows: Three months ended March 31, 2017 2016 Weighted average fair value per share $ 12.03 $ 10.39 Expected volatility 24% - 28 % 22% - 25 % Risk-free interest rate 0.7% - 1.2 % 0.5% - 0.8 % Expected term (in years) 0.5 - 2.0 0.5 - 2.0 Stock options outstanding and exercisable, including performance-based and market-based options, as of March 31, 2017 and activity during the three months ended March 31, 2017 are summarized below (in thousands, except weighted average exercise price and remaining contractual term): Shares outstanding Weighted average exercise price Weighted average remaining contractual term (years) Aggregate intrinsic value Options outstanding at January 1, 2017 315 $ 13.86 Options exercised (63 ) 12.31 Options outstanding at March 31, 2017 252 $ 14.26 1.40 $ 8,713 Options vested and expected to vest at March 31, 2017 252 $ 14.26 1.40 $ 8,713 Options exercisable at March 31, 2017 252 $ 14.26 1.40 $ 8,713 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 fiscal period and the option exercise price multiplied by the number of in-the-money Non-vested 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 795 $ 43.79 1,265 $ 42.64 23 $ 33.16 2,083 $ 43.34 Granted 53 45.96 358 46.95 — — 411 46.83 Vested (56 ) 42.48 (235 ) 40.64 — — (291 ) 40.99 Forfeited (14 ) 44.12 (367 ) 40.61 — — (381 ) 40.73 Non-vested 778 $ 44.03 1,021 $ 45.34 23 $ 33.16 1,822 $ 44.62 Performance-based and Market-based RSUs and Stock Options Performance-based RSUs that vested based on financial results are included in the period that the performance and related service criteria were met. The grant date fair value of RSUs vested during the three months ended March 31 2017 was $11.9 million. The aggregate intrinsic value at March 31, 2017 for RSUs expected to vest was $59.4 million and the remaining weighted average vesting period was 1.13 years. Aggregate intrinsic value for RSUs vested and expected to vest represents the closing price per share of our common stock on the last trading day of the fiscal period, multiplied by the number of RSUs vested and expected to vest as of March 31, 2017. RSUs expected to vest represent time-based RSUs unvested and outstanding at March 31, 2017, 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 and market-based stock options were not granted during the three months ended March 31, 2017. 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 during the three months ended March 31, 2017 and 2016 are as follows: Performance-based RSUs Short-term Long-term Three months ended March 31, 2017 Grants Grant date fair value per share $ 47.28 $ 45.89 Service period (years) 1.0 2.0 - 3.0 Three months ended March 31, 2016 Grants Grant date fair value per share $ 39.47 $ 36.78 Service period (years) 1.0 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 non-GAAP non-GAAP Non-GAAP Non-GAAP 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 awards was determined based on review of the actual results achieved thus far by each business unit compared with the operating plan during the pertinent service period as well as the overall strength of the business unit. Stock-based compensation expense was adjusted based on this probability assessment. As actual results are achieved during the service period, the probability assessment is updated and stock-based compensation expense adjusted accordingly. Market-based awards vest when our average closing stock price exceeds defined multiples of the closing stock price on a specified date for 90 consecutive trading days. If these multiples were not achieved by another specified date, the awards are forfeited. The grant date fair value is being 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.

Common Stock Repurchase Program

Common Stock Repurchase Programs	3 Months Ended
	Mar. 31, 2017
Equity [Abstract]
Common Stock Repurchase Programs	13. Common Stock Repurchase Programs On November 9, 2015, the board of directors approved the repurchase of $150 million of outstanding common stock commencing January 1, 2016. This authorization expires December 31, 2018. Under this publicly announced plan, we repurchased 0.4 and 0.5 million shares for an aggregate purchase price of $17.5 and $20.0 million during the three months ended March 31, 2017 and 2016, respectively. Our employees have the option to surrender shares of common stock to satisfy their tax withholding obligations that arise on the vesting of RSUs. In connection with stock option exercises, certain employees can surrender shares to satisfy the exercise price of certain stock options and any tax withholding obligations incurred in connection with such exercises. Employees surrendered 0.1 million shares for an aggregate purchase price of $5.0 and $3.1 million during the three months ended March 31, 2017 and 2016, respectively. These repurchased shares reduce shares outstanding and are recorded as treasury stock under the cost method thereby reducing stockholders’ equity by the cost of the repurchased shares. Our buyback program is limited by SEC regulations and is subject to compliance with our insider trading policy.

Accounts Receivable

Accounts Receivable	3 Months Ended
	Mar. 31, 2017
Receivables [Abstract]
Accounts Receivable	14. Accounts Receivable Financing Receivables ASC 310, Receivables, requires disclosure regarding the credit quality of our financing receivables and allowance for credit losses including disclosure of credit quality indicators, past due information, and modifications of our financing receivables. Our financing receivables of $32.3 and $31.0 million consisting of $19.7 and $17.8 million of sales-type lease receivables, included within other current assets and other assets at March 31, 2017 and December 31, 2016, respectively, and $12.6 and $13.2 million of trade receivables having an original contractual maturity in excess of one year, included within accounts receivable, net of allowance, at March 31, 2017 and December 31, 2016, respectively. The trade receivables of $12.6 and $13.2 million having an original total contractual maturity in excess of one year at March 31, 2017 and December 31, 2016, include $6.4 and $7.1 million, respectively, which are scheduled to be received in less than one year. The credit quality of financing receivables is evaluated on the same basis as trade receivables. We do not have material past due financing receivables. Accounts Receivable Sales Arrangements In accordance with ASC 860-20, We have facilities in the U.S. and Italy 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, which are subject to a servicing obligation. Trade receivables sold under these facilities were $4.2 and $19.8 million during the three months ended March 31, 2017 and the year ended December 31, 2016, respectively, which approximates the cash received. We have facilities in Spain and Italy 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 with payment due dates of less than one year, which are secured by international letters of credit. Trade receivables sold under these facilities were $1.0 and $3.5 million during the three months ended March 31, 2017 and the year ended December 31, 2016, respectively, 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.

Basis of Presentation and Sig23

Basis of Presentation and Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2017
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 (“U.S. GAAP” or “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 10-K.
Recent Accounting Pronouncements	Recent Accounting Pronouncements Inventory Valuation. 2015-11, 2015-11 2015-11 Revenue Recognition. 2014-09, 2016-10, The guidance requires comprehensive annual and interim disclosures regarding the nature, amount, timing, and uncertainty of recognized revenue. Qualitative and quantitative disclosures will be required regarding: • contracts with customers, including revenue and impairments recognized, disaggregation, and information about contract balances and performance obligations, • significant judgments and changes in judgments required to determine the transaction price, amounts allocated to performance obligations, and the timing for recognizing revenue resulting from the satisfaction of performance obligations, and • assets recognized from the costs to obtain or fulfill a contract. ASU 2014-09 2014-09. Upon initial evaluation, we believe the key changes in the guidance that impact our revenue recognition relate to the allocation of contract revenue between various services and software licenses, and the timing of when those revenues are recognized. The requirement to defer incremental contract acquisition costs and recognize them over the contract period or expected customer life will result in the recognition of a deferred charge on our balance sheet. We are currently assessing the impact of these requirements on our consolidated financial statements upon adoption. Principal vs Agent. 2016-08, Several indicators of the nature of the relationship that are considered under current guidance have been streamlined and clarified in the new guidance by focusing more specifically on the performance obligations that must be fulfilled in the transaction, which entity carries the inventory risk in the transaction, and which entity controls the pricing of the good or service. Credit risk will no longer be a criterion. This guidance will be effective in the first quarter of 2018. We are evaluating its impact on our revenue and results of operations. Stock-based Compensation. 2016-09, • Under this guidance, all excess tax benefits and deficiencies were recognized as income tax expense. Excess tax benefits of less than $0.1 million that were charged to additional paid-in • The requirement to reclassify gross excess tax benefits related to stock-based compensation from operating to financing activities in the statement of cash flows was eliminated. The reclassification of $0.2 million in the first quarter of 2016 has been reversed upon adoption. We applied this guidance retrospectively to all prior periods to maintain the comparability of presentation between periods, which resulted in a $0.2 million increase in cash flows provided by operating activities during the three months ended March 31, 2016, and a corresponding decrease in cash flows provided by financing activities. • We elected to account for forfeitures when they occur instead of estimating the expected forfeiture rate. Adoption of this provision during the second quarter of 2016 resulted in a retroactive net income adjustment of $0.2 million, net of tax effect, in the first quarter of 2016 and a cumulative effect adjustment to retained earnings of $2.1 million, net of tax, as of January 1, 2016. • Statutory tax withholding is permitted up to the maximum statutory tax rate in applicable jurisdictions. The retrospective impact of this provision on prior period financial statements is not material. Financial Instruments. 2016-13, available-for-sale available-for-sale ASU 2016-13 available-for-sale Settlement of Convertible Debt. 2016-15, ASU 2016-15 Restricted Cash. 2016-18, beginning-of-period end-of-period ASU 2016-18 Lease Arrangements. 2016-02, right-of-use right-to-use The recognition, measurement, and presentation of expenses and cash flows by a lessee have not significantly changed from previous guidance. There continues to be a differentiation between finance leases and operating leases. The criteria for determining whether a lease is a financing or operating lease are substantially the same as existing guidance except that the “bright line” percentages have been removed. • For finance leases, interest is recognized on the lease liability separately from depreciation of the right-of-use • 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 build-to-suit We have not quantified the impact, but we expect our consolidated financial position and results of operations to be materially affected. Definition of a Business. 2017-01, 2017-01, Our condensed consolidated financial statements may be impacted if an acquisition does not qualify as a business combination after ASU 2017-01 Nonfinancial Asset Derecognition. 2017-05, 2014-09) ASU 2017-05 2014-09; 2014-09 2017-05.
Segment Reporting	Operating segment information is required to be presented based on the internal reporting used by the chief operating decision making group (“CODM”) to allocate resources and evaluate operating segment performance. Our CODM is comprised of our Chief Executive Officer and Chief Financial Officer. The CODM group is focused on assessment and resource allocation among the Industrial Inkjet, Productivity Software, and Fiery operating segments. Our operating segments are integrated through their reporting and operating structures, shared technology and practices, shared sales and marketing, and combined production facilities. Our enterprise management processes use financial information that is closely aligned with our three operating segments at the gross profit level. Relevant discrete financial information is prepared at the gross profit level for each of our three operating segments, which is used by the CODM to allocate resources and assess the performance of each operating segment.
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 the 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 market 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. ASC 815, Derivatives and Hedging, requires the fair value of all derivative instruments, including those embedded in other contracts, to be recorded as assets or liabilities in our Condensed Consolidated Balance Sheet. 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. non-U.S. 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 (i.e., operating expense exposure in Indian rupees; the collection of trade receivables denominated in currencies other than their functional currency and the settlement of intercompany balances denominated in currencies other than their functional currency). We do not believe there is significant risk of loss from non-performance Cash Flow Hedges Foreign currency derivative contracts with notional amounts of $3.3 million and $3.2 million have been designated as cash flow hedges of our Indian rupee operating expense exposure at March 31, 2017 and December 31, 2016, respectively. The fair value of the net assets (liabilities) related to these cash flow hedges are not material. The changes in fair value of these contracts are reported as a component of OCI 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 Forward contracts not designated for hedge accounting treatment with notional amounts of $162.2 and $158.7 million are used to hedge foreign currency balance sheet exposures at March 31, 2017 and December 31, 2016, respectively. They 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
Performance-based and market-based restricted stock [Member]
Computation of Net Income Per Common Share	ASC 260-10-45-48. non-GAAP non-GAAP
ASU 2016-13 Financial Instruments [Member]
Recent Accounting Pronouncements	Financial Instruments. 2016-13, available-for-sale available-for-sale ASU 2016-13 available-for-sale
ASU 2016-18 Restricted Cash [Member]
Recent Accounting Pronouncements	Restricted Cash. 2016-18, beginning-of-period end-of-period ASU 2016-18
ASU 2016-02 Lease Arrangements [Member]
Recent Accounting Pronouncements	Lease Arrangements. 2016-02, right-of-use right-to-use The recognition, measurement, and presentation of expenses and cash flows by a lessee have not significantly changed from previous guidance. There continues to be a differentiation between finance leases and operating leases. The criteria for determining whether a lease is a financing or operating lease are substantially the same as existing guidance except that the “bright line” percentages have been removed. • For finance leases, interest is recognized on the lease liability separately from depreciation of the right-of-use • 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 build-to-suit
ASU 2017-05 Other Income [Member]
Recent Accounting Pronouncements	Nonfinancial Asset Derecognition. 2017-05, 2014-09) ASU 2017-05 2014-09; 2014-09 2017-05.
ASU 2016-08 Principal Vs Agent [Member]
Recent Accounting Pronouncements	Principal vs Agent. 2016-08, Several indicators of the nature of the relationship that are considered under current guidance have been streamlined and clarified in the new guidance by focusing more specifically on the performance obligations that must be fulfilled in the transaction, which entity carries the inventory risk in the transaction, and which entity controls the pricing of the good or service. Credit risk will no longer be a criterion. This guidance will be effective in the first quarter of 2018. We are evaluating its impact on our revenue and results of operations.
ASU 2015-11 Inventory Valuation [Member]
Recent Accounting Pronouncements	Inventory Valuation. 2015-11, 2015-11 2015-11
ASU 2014-09 and ASU 2016-10 Revenue Recognition [Member]
Recent Accounting Pronouncements	Revenue Recognition. 2014-09, 2016-10, The guidance requires comprehensive annual and interim disclosures regarding the nature, amount, timing, and uncertainty of recognized revenue. Qualitative and quantitative disclosures will be required regarding: • contracts with customers, including revenue and impairments recognized, disaggregation, and information about contract balances and performance obligations, • significant judgments and changes in judgments required to determine the transaction price, amounts allocated to performance obligations, and the timing for recognizing revenue resulting from the satisfaction of performance obligations, and • assets recognized from the costs to obtain or fulfill a contract. ASU 2014-09 2014-09. Upon initial evaluation, we believe the key changes in the guidance that impact our revenue recognition relate to the allocation of contract revenue between various services and software licenses, and the timing of when those revenues are recognized. The requirement to defer incremental contract acquisition costs and recognize them over the contract period or expected customer life will result in the recognition of a deferred charge on our balance sheet. We are currently assessing the impact of these requirements on our consolidated financial statements upon adoption.
ASU 2016-09 Stock-based Compensation [Member]
Recent Accounting Pronouncements	Stock-based Compensation. 2016-09, • Under this guidance, all excess tax benefits and deficiencies were recognized as income tax expense. Excess tax benefits of less than $0.1 million that were charged to additional paid-in • The requirement to reclassify gross excess tax benefits related to stock-based compensation from operating to financing activities in the statement of cash flows was eliminated. The reclassification of $0.2 million in the first quarter of 2016 has been reversed upon adoption. We applied this guidance retrospectively to all prior periods to maintain the comparability of presentation between periods, which resulted in a $0.2 million increase in cash flows provided by operating activities during the three months ended March 31, 2016, and a corresponding decrease in cash flows provided by financing activities. • We elected to account for forfeitures when they occur instead of estimating the expected forfeiture rate. Adoption of this provision during the second quarter of 2016 resulted in a retroactive net income adjustment of $0.2 million, net of tax effect, in the first quarter of 2016 and a cumulative effect adjustment to retained earnings of $2.1 million, net of tax, as of January 1, 2016. • Statutory tax withholding is permitted up to the maximum statutory tax rate in applicable jurisdictions. The retrospective impact of this provision on prior period financial statements is not material.
ASU 2016-15 Statement of Cash Flows [Member]
Recent Accounting Pronouncements	Settlement of Convertible Debt. 2016-15, ASU 2016-15
ASU 2017-01 Business Combinations [Member]
Recent Accounting Pronouncements	Definition of a Business. 2017-01, 2017-01, Our condensed consolidated financial statements may be impacted if an acquisition does not qualify as a business combination after ASU 2017-01

Basis of Presentation and Sig24

Basis of Presentation and Significant Accounting Policies (Tables)	3 Months Ended
	Mar. 31, 2017
Accounting Policies [Abstract]
Summary of Supplemental Cash Flow Information	Supplemental Cash Flow Information Three Months Ended March 31, (in thousands) 2017 2016 Net cash paid for income taxes $ 2,092 $ 1,960 Cash paid for interest expense $ 1,661 $ 1,694 Acquisitions of businesses: Cash paid for businesses purchased, excluding contingent consideration $ 5,700 $ 8,238 Cash acquired in business acquisition — (256 ) Net cash paid for businesses purchased, net of cash acquired $ (5,700 ) $ 7,982 Common stock issued in connection with Reggiani Macchine SpA (“Reggiani”) acquisition $ — $ 73 Non-cash Non-cash $ — $ 2,733 Property, equipment, and intellectual property received, but not paid 1,060 1,478 $ 1,060 $ 4,211

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
	Mar. 31, 2017
Earnings Per Share [Abstract]
Basic and Diluted Earnings Per Share	Basic and diluted earnings per share during the three months ended March 31, 2017 and 2016 are reconciled as follows (in thousands, except per share amounts): Three months ended March 31, 2017 2016 Basic net income per share: Net income available to common shareholders $ 4,787 $ 2,103 Weighted average common shares outstanding 46,551 47,215 Basic net income per share $ 0.10 $ 0.04 Diluted net income per share: Net income available to common shareholders $ 4,787 $ 2,103 Weighted average common shares outstanding 46,551 47,215 Diluted stock options and non-vested 657 708 Weighted average common shares outstanding for purposes of computing diluted net income per share 47,208 47,923 Diluted net income per share $ 0.10 $ 0.04

Balance Sheet Details (Tables)

Balance Sheet Details (Tables)	3 Months Ended
	Mar. 31, 2017
Text Block [Abstract]
Schedule of Inventories	Inventories, net of allowances, as of March 31, 2017 and December 31, 2016 are as follows (in thousands): March 31, December 31, 2017 2016 Raw materials $ 49,675 $ 45,798 Work in process 10,633 7,362 Finished goods 53,502 45,915 $ 113,810 $ 99,075
Schedule of Changes in Product Warranty Reserves	The changes in product warranty reserves during the three months ended March 31, 2017 and 2016 are as follows (in thousands): 2017 2016 Balance at January 1, $ 10,319 $ 9,635 Liability assumed upon acquiring FreeFlow print server (“FFPS”) 9,368 — Provisions, net of releases 3,564 3,073 Settlements (4,144 ) (3,041 ) Balance at March 31, $ 19,107 $ 9,667
Schedule of Accumulated Other Comprehensive Income (Loss)	OCI classified within stockholders’ equity in our Condensed Consolidated Balance Sheets as of March 31, 2017 and December 31, 2016 is as follows (in thousands): March 31, December 31, 2017 2016 Net unrealized investment losses $ (342 ) $ (473 ) Currency translation losses (18,056 ) (24,230 ) Net unrealized gains on cash flow hedges 64 9 Accumulated other comprehensive loss $ (18,334 ) $ (24,694 )

Acquisition (Tables)

Acquisition (Tables)	3 Months Ended
	Mar. 31, 2017
FreeFlow Print Server [Member]
Allocation of Purchase Price to Assets Acquired and Liabilities Assumed	The allocation of the FFPS purchase price to the assets acquired and liabilities assumed (in thousands) is summarized as follows: Weighted Purchase Price Purchasing agreement 10 years $ 8,800 Take-or-pay 4 years 9,000 Existing technology 2 years 2,570 Trade name 5 years 1,020 IPR&D — 70 Goodwill — 7,120 28,580 Net tangible liabilities (5,537 ) Total purchase price $ 23,043

Investments and Fair Value Me28

Investments and Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2017
Text Block [Abstract]
Available-for-Sale Short-Term Investments	Our available-for-sale Amortized cost Gross unrealized Gross unrealized Fair value March 31, 2017 U.S. Government and sponsored entities $ 70,895 $ 38 $ (328 ) $ 70,605 Corporate debt securities 197,310 133 (427 ) 197,016 Municipal government 1,661 — — 1,661 Asset-backed securities 21,789 71 (29 ) 21,831 Mortgage-backed securities – residential 1,291 2 (3 ) 1,290 Total short-term investments $ 292,946 $ 244 $ (787 ) $ 292,403 December 31, 2016 U.S. Government and sponsored entities $ 70,893 $ 49 $ (348 ) $ 70,594 Corporate debt securities 198,166 102 (621 ) 197,647 Municipal government 1,278 — (1 ) 1,277 Asset-backed securities 24,233 79 (17 ) 24,295 Mortgage-backed securities – residential 1,615 3 (3 ) 1,615 Total short-term investments $ 296,185 $ 233 $ (990 ) $ 295,428
Summary of Fair Value and Duration of Investments, Including Cash Equivalents, that have been Classified in Gross Unrealized Loss Position	The fair value and duration that investments, including cash equivalents, have been in a gross unrealized loss position as of March 31, 2017 and December 31, 2016 are as follows (in thousands): Less than 12 Months More than 12 Months TOTAL Fair Value Unrealized Fair Unrealized Fair Value Unrealized March 31, 2017 U.S. Government and sponsored entities $ 43,964 $ (328 ) $ — $ — $ 43,964 $ (328 ) Corporate debt securities 127,857 (417 ) 6,190 (10 ) 134,047 (427 ) Asset-backed securities 8,973 (22 ) 2,742 (7 ) 11,715 (29 ) Mortgage-backed securities – residential 382 (1 ) 129 (2 ) 511 (3 ) Total $ 181,176 $ (768 ) $ 9,061 $ (19 ) $ 190,237 $ (787 ) December 31, 2016 U.S. Government and sponsored entities $ 39,810 $ (348 ) $ — $ — $ 39,810 $ (348 ) Corporate debt securities 133,382 (581 ) 13,158 (40 ) 146,540 (621 ) Municipal government 1,268 (1 ) — — 1,268 (1 ) Asset-backed securities 4,540 (7 ) 4,611 (10 ) 9,151 (17 ) Mortgage-backed securities – residential 428 (1 ) 153 (2 ) 581 (3 ) Total $ 179,428 $ (938 ) $ 17,922 $ (52 ) $ 197,350 $ (990 )
Amortized Cost and Estimated Fair Value of Investments	Amortized cost and estimated fair value of investments as of March 31, 2017 are summarized by maturity date as follows (in thousands): Amortized cost Fair value Mature in less than one year $ 99,520 $ 99,463 Mature in one to three years 193,426 192,940 Total short-term investments $ 292,946 $ 292,403
Investments in Accordance with Fair Value Hierarchy	Our investments and liabilities measured at fair value have been presented in accordance with the fair value hierarchy specified in ASC 820 as of March 31, 2017 and December 31, 2016 in order of liquidity as follows (in thousands): Quoted Prices Significant in Active other Markets for Observable Unobservable Identical Assets Inputs Inputs Total (Level 1) (Level 2) (Level 3) March 31, 2017 Assets: Money market funds $ 9,585 $ 9,585 $ — $ — U.S. Government and sponsored entities 70,605 51,143 19,462 — Corporate debt securities 197,016 — 197,016 — Municipal government 1,661 — 1,661 — Asset-backed securities 21,831 — 21,767 64 Mortgage-backed securities – residential 1,290 — 1,290 — $ 301,988 $ 60,728 $ 241,196 $ 64 Liabilities: Contingent consideration, current and noncurrent $ 58,192 $ — $ — $ 58,192 Self-insurance 1,641 — — 1,641 $ 59,833 $ — $ — $ 59,833 December 31, 2016 Assets: Money market funds $ 23,575 $ 23,575 $ — $ — U.S. Government and sponsored entities 70,594 51,870 18,724 — Corporate debt securities 197,647 — 197,647 — Municipal government 1,277 — 1,277 — Asset-backed securities 24,295 — 24,228 67 Mortgage-backed securities – residential 1,615 — 1,615 — $ 319,003 $ 75,445 $ 243,491 $ 67 Liabilities: Contingent consideration, current and noncurrent $ 56,463 $ — $ — $ 56,463 Self-insurance 1,542 — — 1,542 $ 58,005 $ — $ — $ 58,005
Summary of Changes in Fair Value Contingent Consideration	Changes in the fair value of contingent consideration are summarized as follows (in thousands): Fair value of contingent consideration at January 1, 2016 $ 54,796 Fair value of Rialco contingent consideration at March 1, 2016 2,109 Fair value of Optitex contingent consideration at June 16, 2016 22,300 Changes in valuation 6,813 Payments (28,111 ) Foreign currency adjustment (1,444 ) Fair value of contingent consideration at December 31, 2016 $ 56,463 Changes in valuation $ 1,283 Payments (1,265 ) Foreign currency adjustment 1,711 Fair value of contingent consideration at March 31, 2017 $ 58,192

Convertible Senior Notes ("No29

Convertible Senior Notes ("Notes"), Note Hedges, and Warrants (Tables)	3 Months Ended
	Mar. 31, 2017
Debt Disclosure [Abstract]
Schedule of Convertible Notes	The Notes consist of the following as of March 31, 2017 and December 31, 2016 (in thousands): March 31, December 31, 2017 2016 Liability component $ 345,000 $ 345,000 Debt discount, net of amortization (32,973 ) (36,115 ) Debt issuance costs, net of amortization (4,027 ) (4,401 ) Net carrying amount $ 308,000 $ 304,484 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 related to the Notes during the three months ended March 31, 2017 and 2016 was as follows (in thousands): 2017 2016 0.75% coupon $ 640 $ 640 Amortization of debt issuance costs 374 355 Amortization of debt discount 3,142 2,976 $ 4,156 $ 3,971

Income taxes (Tables)

Income taxes (Tables)	3 Months Ended
	Mar. 31, 2017
Income Tax Disclosure [Abstract]
Tax Provision before Discrete Items Reconciled to Recorded Provision for Income Taxes	Our tax provision before discrete items is reconciled to our recorded provision for income taxes during the three months ended March 31, 2017 and 2016 as follows (in millions): Three Months Ended March 31, 2017 2016 Provision for income taxes before discrete items $ 1.1 $ 0.5 Interest related to unrecognized tax benefits 0.1 0.2 Benefit related to stock based compensation, including ESPP dispositions (1.6 ) (0.1 ) Benefit from reassessment of taxes upon filing tax returns (0.1 ) (0.3 ) Benefit from reassessment of taxes upon tax law change (0.5 ) — (Benefit from) Provision for income taxes $ (1.0 ) $ 0.3

Segment Information and Geogr31

Segment Information and Geographic Data (Tables)	3 Months Ended
	Mar. 31, 2017
Segment Reporting [Abstract]
Summary of Operating Segment Profit (Gross Profit), Excluding Stock-Based Compensation Expense and Acquisition-Related Inventory Charges by Segment	Operating segment profit (i.e., gross profit), excluding stock-based compensation expense and acquisition-related inventory charges, during the three months ended March 31, 2017 and 2016 is summarized as follows (in thousands): Three months ended March 31, 2017 2016 Industrial Inkjet Revenue $ 123,263 $ 125,798 Gross profit 49,070 42,450 Gross profit percentages 39.8 % 33.7 % Productivity Software Revenue $ 35,058 $ 32,540 Gross profit 25,596 23,694 Gross profit percentages 73.0 % 72.8 % Fiery Revenue $ 70,370 $ 75,795 Gross profit 49,698 53,264 Gross profit percentages 70.6 % 70.3 %
Reconciliation of Operating Segment Gross Profit to Condensed Consolidated Statements of Operations	Operating segment profit (i.e., gross profit) is reconciled to our Condensed Consolidated Statements of Operations during the three months ended March 31, 2017 and 2016 as follows (in thousands): Three months ended March 31, 2017 2016 Segment gross profit $ 124,364 $ 119,408 Stock-based compensation expense (834 ) (697 ) Other items excluded from segment profit — (314 ) Gross profit $ 123,530 $ 118,397
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): March 31, 2017 Industrial Productivity Fiery Corporate Net Assets Total Goodwill $ 143,472 $ 157,721 $ 70,481 $ — $ 371,674 Identified intangible assets, net 80,277 35,557 20,624 — 136,458 Tangible assets, net of liabilities 188,954 (41,270 ) 8,465 168,378 324,527 Net tangible and intangible assets $ 412,703 $ 152,008 $ 99,570 $ 168,378 $ 832,659 December 31, 2016 Goodwill $ 141,068 $ 155,475 $ 63,298 $ — $ 359,841 Identified intangible assets, net 84,465 38,440 92 — 122,997 Tangible assets, net of liabilities 156,202 (27,689 ) 33,325 183,156 344,994 Net tangible and intangible assets $ 381,735 $ 166,226 $ 96,715 $ 183,156 $ 827,832
Revenue by Ship-to Destination	Our revenue by ship-to Three months ended March 31, 2017 2016 Americas $ 109,895 $ 120,266 Europe, Middle East, and Africa (“EMEA”) 88,033 83,583 Asia Pacific (“APAC”) 30,763 30,284 Total revenue $ 228,691 $ 234,133

Restructuring and Other (Tables

Restructuring and Other (Tables)	3 Months Ended
	Mar. 31, 2017
Restructuring and Related Activities [Abstract]
Restructuring and Other Reserve Activities	Restructuring and other reserve activities during the three months ended March 31, 2017 and 2016 are summarized as follows (in thousands): 2017 2016 Reserve balance at January 1, $ 1,824 $ 3,019 Restructuring charges 285 1,846 Other charges 633 868 Non-cash (63 ) (403 ) Payments (684 ) (1,828 ) Reserve balance at March 31, $ 1,995 $ 3,502

Stock-based Compensation (Table

Stock-based Compensation (Tables)	3 Months Ended
	Mar. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Stock-Based Compensation Expense	Stock-based compensation expense related to stock options, ESPP purchase rights, and RSUs during the three months ended March 31, 2017 and 2016 is summarized as follows (in thousands): Three months ended March 31, 2017 2016 RSUs $ 9,237 $ 10,563 ESPP purchase rights 1,043 766 Employee stock options — (45 ) Total stock-based compensation 10,280 11,284 Income tax benefit (2,873 ) (2,659 ) Stock-based compensation expense, net of tax $ 7,407 $ 8,625
Schedule of ESPP Purchase Rights and Underlying Weighted Average Assumptions	Stock options were not granted during the three months ended March 31, 2017 and 2016. The estimated weighted average fair value per share of ESPP purchase rights issued and the underlying weighted average assumptions for the three months ended March 31, 2017 and 2016 are as follows: Three months ended March 31, 2017 2016 Weighted average fair value per share $ 12.03 $ 10.39 Expected volatility 24% - 28 % 22% - 25 % Risk-free interest rate 0.7% - 1.2 % 0.5% - 0.8 % Expected term (in years) 0.5 - 2.0 0.5 - 2.0
Schedule of Stock Options Outstanding and Exercisable	Stock options outstanding and exercisable, including performance-based and market-based options, as of March 31, 2017 and activity during the three months ended March 31, 2017 are summarized below (in thousands, except weighted average exercise price and remaining contractual term): Shares outstanding Weighted average exercise price Weighted average remaining contractual term (years) Aggregate intrinsic value Options outstanding at January 1, 2017 315 $ 13.86 Options exercised (63 ) 12.31 Options outstanding at March 31, 2017 252 $ 14.26 1.40 $ 8,713 Options vested and expected to vest at March 31, 2017 252 $ 14.26 1.40 $ 8,713 Options exercisable at March 31, 2017 252 $ 14.26 1.40 $ 8,713
Schedule of Non-Vested RSUs	Non-vested 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 795 $ 43.79 1,265 $ 42.64 23 $ 33.16 2,083 $ 43.34 Granted 53 45.96 358 46.95 — — 411 46.83 Vested (56 ) 42.48 (235 ) 40.64 — — (291 ) 40.99 Forfeited (14 ) 44.12 (367 ) 40.61 — — (381 ) 40.73 Non-vested 778 $ 44.03 1,021 $ 45.34 23 $ 33.16 1,822 $ 44.62
Schedule of Weighted Average Grant Date Fair Value Per Share of Performance-Based RSUs and Market-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 during the three months ended March 31, 2017 and 2016 are as follows: Performance-based RSUs Short-term Long-term Three months ended March 31, 2017 Grants Grant date fair value per share $ 47.28 $ 45.89 Service period (years) 1.0 2.0 - 3.0 Three months ended March 31, 2016 Grants Grant date fair value per share $ 39.47 $ 36.78 Service period (years) 1.0 3.0

Basis of Presentation and Sig34

Basis of Presentation and Significant Accounting Policies - Additional Information (Detail) - USD ($) $ in Millions	Jan. 01, 2016	Sep. 30, 2014	Mar. 31, 2017	Mar. 31, 2016
Organization Basis Of Presentation And Summary Of Significant Accounting Policies [Line Items]
Amount of increase in additional paid in capital resulting from an excess tax benefit associated with share based compensation plan reversed upon adoption of new accounting standard				$ 0.1
Deferred tax assets related to excess tax benefits for federal research and development income tax credits			$ 2.2
Excess tax benefit, reclassified from operating to financing activities reversed upon adoption of new accounting standard				0.2
Excess tax benefit, decrease in cash flows provided by financing activities				(0.2)
Retroactive net income adjustment				$ 0.2
Cumulative effect adjustment to retained earnings, net of tax	$ 2.1
Interest rate of debt, stated percentage			0.75%	0.75%
ASU 2015-11 Inventory Valuation [Member]
Organization Basis Of Presentation And Summary Of Significant Accounting Policies [Line Items]
Increase in inventory valuation			$ 0.4
0.75% Convertible Senior Notes Due 2019 [Member]
Organization Basis Of Presentation And Summary Of Significant Accounting Policies [Line Items]
Debt discount			$ 63.6
Interest rate of debt, stated percentage		0.75%	0.75%
Effective interest rate percentage			4.98%
Debt instrument, maturity year		2,019	2,019
Debt Issuance Costs [Member] | 0.75% Convertible Senior Notes Due 2019 [Member]
Organization Basis Of Presentation And Summary Of Significant Accounting Policies [Line Items]
Effective interest rate percentage			5.46%

Basis of Presentation and Sig35

Basis of Presentation and Significant Accounting Policies - Summary of Supplemental Cash Flow Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Supplemental Cash Flow Elements [Abstract]
Net cash paid for income taxes	$ 2,092	$ 1,960
Cash paid for interest expense	1,661	1,694
Acquisitions of businesses:
Cash paid for businesses purchased, excluding contingent consideration	5,700	8,238
Cash acquired in business acquisition		(256)
Net cash paid for businesses purchased, net of cash acquired	5,700	7,982
Common stock issued in connection with Reggiani Macchine SpA ("Reggiani") acquisition		73
Non-cash investing and financing activities:
Non-cash settlement of vacation liabilities by issuing restricted stock units ("RSUs")		2,733
Property, equipment, and intellectual property received, but not paid	1,060	1,478
Total Non-cash investing and financing activities	$ 1,060	$ 4,211

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
	Mar. 31, 2017	Mar. 31, 2016
Basic net income per share:
Net income available to common shareholders	$ 4,787	$ 2,103
Weighted average common shares outstanding	46,551	47,215
Basic net income per share	$ 0.10	$ 0.04
Diluted net income per share:
Net income available to common shareholders	$ 4,787	$ 2,103
Weighted average common shares outstanding	46,551	47,215
Diluted stock options and non-vested restricted stock	657	708
Weighted average common shares outstanding for purposes of computing diluted net income per share	47,208	47,923
Diluted net income per share	$ 0.10	$ 0.04

Earnings Per Share - Additional

Earnings Per Share - Additional Information (Detail) - shares shares in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
ESPP Purchase Rights [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share, amount		0

Balance Sheet Details - Schedul

Balance Sheet Details - Schedule of Inventories (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Inventory Disclosure [Abstract]
Raw materials	$ 49,675	$ 45,798
Work in process	10,633	7,362
Finished goods	53,502	45,915
Inventory, net	$ 113,810	$ 99,075

Balance Sheet Details - Additio

Balance Sheet Details - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Balance Sheet Related Disclosures [Abstract]
Deferred cost of revenue	$ 3,500		$ 3,400
Reclassified amounts out of OCI, net of tax	$ (4)	$ 18

Balance Sheet Details - Sched40

Balance Sheet Details - Schedule of Changes in Product Warranty Reserves (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
Beginning Balance	$ 10,319	$ 9,635
Liability assumed upon acquiring FreeFlow print server ("FFPS")	9,368
Provisions, net of releases	3,564	3,073
Settlements	(4,144)	(3,041)
Ending Balance	$ 19,107	$ 9,667

Balance Sheet Details - Sched41

Balance Sheet Details - Schedule of Accumulated Other Comprehensive Income (Loss) (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Accumulated Other Comprehensive Income [Abstract]
Net unrealized investment losses	$ (342)	$ (473)
Currency translation losses	(18,056)	(24,230)
Net unrealized gains on cash flow hedges	64	9
Accumulated other comprehensive loss	$ (18,334)	$ (24,694)

Acquisition - Additional Inform

Acquisition - Additional Information (Detail) - USD ($) $ in Thousands	1 Months Ended			3 Months Ended
	Jul. 31, 2018	Jul. 31, 2017	Jan. 31, 2017	Mar. 31, 2017	Mar. 31, 2016
Acquired Finite-Lived Intangible Assets [Line Items]
Business acquisition related costs				$ 700
Businesses purchased, net of cash acquired				$ 5,700	$ 7,982
IPR&D [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Percent compete at acquisition date				63.00%
Percent compete at quarter end				75.00%
FreeFlow Print Server [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Businesses purchased, net of cash acquired			$ 23,900	$ 5,900
Incremental borrowing rate				4.98%
Total purchase price			$ 23,000	$ 23,043
Fair value discount rate				4.98%
Asset volatility rate				27.00%
FreeFlow Print Server [Member] | Minimum [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Probability-adjusted discount rate				18.00%
FreeFlow Print Server [Member] | Maximum [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Probability-adjusted discount rate				20.00%
FreeFlow Print Server [Member] | Scenario, Forecast [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Businesses purchased, net of cash acquired	$ 9,000	$ 9,000

Acquisition - Allocation of Pur

Acquisition - Allocation of Purchase Price to Assets Acquired and Liabilities Assumed (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Jan. 31, 2017	Dec. 31, 2016
Acquired Finite-Lived Intangible Assets [Line Items]
Purchase Price Allocation, Goodwill	$ 371,674		$ 359,841
FreeFlow Print Server [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Purchase Price Allocation, Goodwill	7,120
Purchase Price Allocation	28,580
Net tangible liabilities	(5,537)
Total purchase price	$ 23,043	$ 23,000
Purchasing Agreement [Member] | FreeFlow Print Server [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Weighted average useful life	10 years
Purchase Price Allocation, intangible assets	$ 8,800
Take-or-Pay Contract [Member] | FreeFlow Print Server [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Weighted average useful life	4 years
Purchase Price Allocation, intangible assets	$ 9,000
Existing Technology [Member] | FreeFlow Print Server [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Weighted average useful life	2 years
Purchase Price Allocation, intangible assets	$ 2,570
Trade Name [Member] | FreeFlow Print Server [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Weighted average useful life	5 years
Purchase Price Allocation, intangible assets	$ 1,020
IPR&D [Member] | FreeFlow Print Server [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Weighted average useful life	0 years
Purchase Price Allocation, intangible assets	$ 70

Investments and Fair Value Me44

Investments and Fair Value Measurements - Additional Information (Detail)	3 Months Ended		12 Months Ended
	Mar. 31, 2017USD ($)Transactions$ / shares	Mar. 31, 2016USD ($)Transactions$ / shares	Dec. 31, 2016USD ($)	Jun. 16, 2016USD ($)	Jan. 01, 2016USD ($)
Investments And Fair Value Measurements [Line Items]
Maturity of highly liquid investments	Three months or less
Maturity of marketable investments	Greater than three months
Net unrealized gains (losses) on sale of securities included in other comprehensive income	$ (500,000)		$ (800,000)
Available-for-sale securities, net realized gains	$ 100,000	$ 100,000
Net Asset Value per share | $ / shares	$ 1
Cash equivalents and short term investments	$ 301,988,000		319,003,000
Transfers between Level 1 and 2 | Transactions	0	0
Fair value of liability	$ 58,192,000		56,463,000		$ 54,796,000
Contingent liabilities, current	21,900,000
Contingent liabilities, noncurrent	36,300,000
Payments	1,265,000	$ 1,443,000	28,111,000
Increase in fair value of contingent consideration	1,600,000
Decrease in fair value of contingent consideration	2,600,000
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	$ 900,000
Probability-adjusted revenue	5.00%
Percentage of increase or decrease in the fair value of contingent consideration	1.00%
Notional amount of derivative assets and liabilities	$ 165,500,000		161,800,000
Designated as Cash Flow Hedges [Member]
Investments And Fair Value Measurements [Line Items]
Notional amount of derivative assets and liabilities	3,300,000		3,200,000
Metrix [Member]
Investments And Fair Value Measurements [Line Items]
Payments			200,000
SmartLinc, Inc. [Member]
Investments And Fair Value Measurements [Line Items]
Payments			400,000
Direct Smile [Member]
Investments And Fair Value Measurements [Line Items]
Payments			3,600,000
Reggiani And Matan [Member]
Investments And Fair Value Measurements [Line Items]
Payments			23,800,000
Shuttleworth [Member]
Investments And Fair Value Measurements [Line Items]
Payments	1,300,000
Optitex Ltd [Member]
Investments And Fair Value Measurements [Line Items]
Fair value of liability				$ 22,300,000
Fair value of contingent consideration increase (decrease)	1,300,000		6,800,000
Earnout interest accretion	$ 400,000		$ 2,700,000
Minimum [Member]
Investments And Fair Value Measurements [Line Items]
Probability of achieving revenue	60.00%
Minimum [Member] | Productivity Software [Member] | Monte Carlo Valuation Method [Member]
Investments And Fair Value Measurements [Line Items]
Fair value discount rate			0.60%
Minimum [Member] | Earnout [Member] | Productivity Software [Member] | Probability-Adjusted Method [Member]
Investments And Fair Value Measurements [Line Items]
Fair value discount rate			4.70%
Maximum [Member]
Investments And Fair Value Measurements [Line Items]
Probability of achieving revenue	100.00%
Maximum [Member] | Productivity Software [Member] | Monte Carlo Valuation Method [Member]
Investments And Fair Value Measurements [Line Items]
Fair value discount rate			4.98%
Maximum [Member] | Earnout [Member] | Productivity Software [Member] | Probability-Adjusted Method [Member]
Investments And Fair Value Measurements [Line Items]
Fair value discount rate			6.00%
Maximum Potential Payment [Member]
Investments And Fair Value Measurements [Line Items]
Payments	$ 11,900,000
Money Market Funds [Member]
Investments And Fair Value Measurements [Line Items]
Net Asset Value per share | $ / shares	$ 1	$ 1
Cash equivalents and short term investments	$ 9,585,000		$ 23,575,000

Investments and Fair Value Me45

Investments and Fair Value Measurements - Available-for-Sale Short-Term Investments (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Schedule of Available-for-sale Securities [Line Items]
Amortized cost	$ 292,946	$ 296,185
Gross unrealized gains	244	233
Gross unrealized losses	(787)	(990)
Fair value	292,403	295,428
U.S. Government and Sponsored Entities [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized cost	70,895	70,893
Gross unrealized gains	38	49
Gross unrealized losses	(328)	(348)
Fair value	70,605	70,594
Corporate Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized cost	197,310	198,166
Gross unrealized gains	133	102
Gross unrealized losses	(427)	(621)
Fair value	197,016	197,647
Municipal Government [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized cost	1,661	1,278
Gross unrealized losses		(1)
Fair value	1,661	1,277
Asset-Backed Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized cost	21,789	24,233
Gross unrealized gains	71	79
Gross unrealized losses	(29)	(17)
Fair value	21,831	24,295
Mortgage-Backed Securities - Residential [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized cost	1,291	1,615
Gross unrealized gains	2	3
Gross unrealized losses	(3)	(3)
Fair value	$ 1,290	$ 1,615

Investments and Fair Value Me46

Investments and Fair Value Measurements - Summary of Fair Value and Duration of Investments, Including Cash Equivalents, that have been Classified in Gross Unrealized Loss Position (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Fair Value	$ 181,176	$ 179,428
Less than 12 Months, Unrealized Losses	(768)	(938)
More than 12 Months, Fair Value	9,061	17,922
More than 12 Months, Unrealized Losses	(19)	(52)
Total, Fair Value	190,237	197,350
Total, Unrealized Losses	(787)	(990)
U.S. Government and Sponsored Entities [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Fair Value	43,964	39,810
Less than 12 Months, Unrealized Losses	(328)	(348)
Total, Fair Value	43,964	39,810
Total, Unrealized Losses	(328)	(348)
Corporate Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Fair Value	127,857	133,382
Less than 12 Months, Unrealized Losses	(417)	(581)
More than 12 Months, Fair Value	6,190	13,158
More than 12 Months, Unrealized Losses	(10)	(40)
Total, Fair Value	134,047	146,540
Total, Unrealized Losses	(427)	(621)
Municipal Government [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Fair Value		1,268
Less than 12 Months, Unrealized Losses		(1)
Total, Fair Value		1,268
Total, Unrealized Losses		(1)
Asset-Backed Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Fair Value	8,973	4,540
Less than 12 Months, Unrealized Losses	(22)	(7)
More than 12 Months, Fair Value	2,742	4,611
More than 12 Months, Unrealized Losses	(7)	(10)
Total, Fair Value	11,715	9,151
Total, Unrealized Losses	(29)	(17)
Mortgage-Backed Securities - Residential [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Fair Value	382	428
Less than 12 Months, Unrealized Losses	(1)	(1)
More than 12 Months, Fair Value	129	153
More than 12 Months, Unrealized Losses	(2)	(2)
Total, Fair Value	511	581
Total, Unrealized Losses	$ (3)	$ (3)

Investments and Fair Value Me47

Investments and Fair Value Measurements - Amortized Cost and Estimated Fair Value of Investments (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Amortized Cost and Fair Value Debt Securities [Abstract]
Mature in less than one year, Amortized cost	$ 99,520
Mature in one to three years, Amortized cost	193,426
Amortized cost	292,946	$ 296,185
Mature in less than one year, Fair value	99,463
Mature in one to three years, Fair value	192,940
Total short-term investments, Fair value	$ 292,403	$ 295,428

Investments and Fair Value Me48

Investments and Fair Value Measurements - Investments in Accordance with Fair Value Hierarchy (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016	Jan. 01, 2016
Investments And Fair Value Measurements [Line Items]
Total Investments	$ 301,988	$ 319,003
Contingent consideration, current and noncurrent	58,192	56,463	$ 54,796
Self-insurance	1,641	1,542
Liabilities	59,833	58,005
Money Market Funds [Member]
Investments And Fair Value Measurements [Line Items]
Total Investments	9,585	23,575
U.S. Government and Sponsored Entities [Member]
Investments And Fair Value Measurements [Line Items]
Total Investments	70,605	70,594
Corporate Debt Securities [Member]
Investments And Fair Value Measurements [Line Items]
Total Investments	197,016	197,647
Municipal Government [Member]
Investments And Fair Value Measurements [Line Items]
Total Investments	1,661	1,277
Asset-Backed Securities [Member]
Investments And Fair Value Measurements [Line Items]
Total Investments	21,831	24,295
Mortgage-Backed Securities - Residential [Member]
Investments And Fair Value Measurements [Line Items]
Total Investments	1,290	1,615
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Investments And Fair Value Measurements [Line Items]
Total Investments	60,728	75,445
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Money Market Funds [Member]
Investments And Fair Value Measurements [Line Items]
Total Investments	9,585	23,575
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | U.S. Government and Sponsored Entities [Member]
Investments And Fair Value Measurements [Line Items]
Total Investments	51,143	51,870
Significant Other Observable Inputs (Level 2) [Member]
Investments And Fair Value Measurements [Line Items]
Total Investments	241,196	243,491
Significant Other Observable Inputs (Level 2) [Member] | U.S. Government and Sponsored Entities [Member]
Investments And Fair Value Measurements [Line Items]
Total Investments	19,462	18,724
Significant Other Observable Inputs (Level 2) [Member] | Corporate Debt Securities [Member]
Investments And Fair Value Measurements [Line Items]
Total Investments	197,016	197,647
Significant Other Observable Inputs (Level 2) [Member] | Municipal Government [Member]
Investments And Fair Value Measurements [Line Items]
Total Investments	1,661	1,277
Significant Other Observable Inputs (Level 2) [Member] | Asset-Backed Securities [Member]
Investments And Fair Value Measurements [Line Items]
Total Investments	21,767	24,228
Significant Other Observable Inputs (Level 2) [Member] | Mortgage-Backed Securities - Residential [Member]
Investments And Fair Value Measurements [Line Items]
Total Investments	1,290	1,615
Unobservable Inputs (Level 3) [Member]
Investments And Fair Value Measurements [Line Items]
Total Investments	64	67
Contingent consideration, current and noncurrent	58,192	56,463
Self-insurance	1,641	1,542
Liabilities	59,833	58,005
Unobservable Inputs (Level 3) [Member] | Asset-Backed Securities [Member]
Investments And Fair Value Measurements [Line Items]
Total Investments	$ 64	$ 67

Investments and Fair Value Me49

Investments and Fair Value Measurements - Summary of Changes in Fair Value Contingent Consideration (Detail) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Business Acquisition, Contingent Consideration [Line Items]
Fair value of contingent consideration	$ 56,463	$ 54,796	$ 54,796
Changes in valuation	1,283		6,813
Payments	(1,265)	(1,443)	(28,111)
Foreign currency adjustment	1,711		(1,444)
Fair value of contingent consideration	$ 58,192		$ 56,463
Rialco Limited [Member]
Business Acquisition, Contingent Consideration [Line Items]
Date of acquisition agreement			Mar. 1, 2016
Fair value of contingent consideration		$ 2,109
Optitex Ltd [Member]
Business Acquisition, Contingent Consideration [Line Items]
Date of acquisition agreement			Jun. 16, 2016

Investments and Fair Value Me50

Investments and Fair Value Measurements - Additional Information1 (Detail) - USD ($) $ in Millions	Mar. 31, 2017	Sep. 30, 2014
Amortized Cost and Fair Value Debt Securities [Abstract]
Aggregate principal amount of debt issued		$ 345
Fair value of notes issued	$ 377

Convertible Senior Notes, Note

Convertible Senior Notes, Note Hedges, and Warrants - Additional Information (Detail)	1 Months Ended	3 Months Ended
	Sep. 30, 2014USD ($)	Mar. 31, 2017USD ($)$ / shares	Dec. 31, 2016USD ($)	Mar. 31, 2016
Debt Instrument [Line Items]
Interest rate of debt, stated percentage		0.75%		0.75%
Net carrying amount		$ 308,000,000	$ 304,484,000
Aggregate amount paid for Note Hedges	$ 63,900,000
Proceeds from sale of warrants	34,500,000
Liability Component [Member]
Debt Instrument [Line Items]
Net carrying amount		308,000,000	304,484,000
Equity Component [Member]
Debt Instrument [Line Items]
Net carrying amount		62,061,000	62,061,000
Equity Component Gross Value [Member]
Debt Instrument [Line Items]
Net carrying amount		$ 63,643,000	$ 63,643,000
0.75% Convertible Senior Notes Due 2019 [Member]
Debt Instrument [Line Items]
Debt instrument, principal amount	$ 345,000,000
Interest rate of debt, stated percentage	0.75%	0.75%
Debt instrument, maturity year	2,019	2,019
Net proceeds from issuance of debt	$ 336,300,000
Net proceeds used to purchase Note Hedges		$ 29,400,000
Debt instrument, description		The Notes are senior unsecured obligations of EFI with interest payable semiannually in arrears on March 1 and September 1 of each year, commencing March 1, 2015. 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.
Conversion rate, number of share per $1,000 principal amount		18.9667
Conversion rate, principal amount of Notes		$ 1,000
Initial conversion price | $ / shares		$ 52.72
Debt instrument, Conversion rate description		• if the last reported sale price of our common stock for at least 20 trading days (whether or not consecutive) during a period of 30 consecutive trading days ending on the last trading day of the immediately preceding calendar quarter is greater than or equal to 130% of the conversion price on each applicable trading day; • during the five business day period after any five consecutive trading day period (“Notes Measurement Period”) in which the “trading price” (as the term is defined in the Indenture) per $1,000 principal amount of Notes for each trading day of such Notes Measurement Period was less than 98% of the product of the last reported stock price on such trading day and the conversion rate on each such trading day; • upon the occurrence of specified corporate events; or • at any time on or after March 1, 2019 until the close of business on the second scheduled trading day immediately preceding the maturity date.
Conversion threshold minimum stock price as a percentage of conversion price		130.00%
Effective interest rate percentage		4.98%
Deferred tax liability		$ 23,700,000
Common stock strike price per share | $ / shares		$ 68.86
0.75% Convertible Senior Notes Due 2019 [Member] | Debt Issuance Costs [Member]
Debt Instrument [Line Items]
Effective interest rate percentage		5.46%
0.75% Convertible Senior Notes Due 2019 [Member] | Liability Component [Member]
Debt Instrument [Line Items]
Debt issuance costs		$ 7,000,000
0.75% Convertible Senior Notes Due 2019 [Member] | Equity Component [Member]
Debt Instrument [Line Items]
Debt issuance costs		$ 1,600,000

Convertible Senior Notes, Not52

Convertible Senior Notes, Note Hedges, and Warrants - Schedule of Convertible Notes (Detail) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Debt Instrument [Line Items]
Net carrying amount	$ 308,000	$ 304,484
Liability Component Gross Value [Member]
Debt Instrument [Line Items]
Liability component	345,000	345,000
Liability Component [Member]
Debt Instrument [Line Items]
Debt discount, net of amortization	(32,973)	(36,115)
Debt issuance costs, net of amortization	(4,027)	(4,401)
Net carrying amount	308,000	304,484
Equity Component Gross Value [Member]
Debt Instrument [Line Items]
Net carrying amount	63,643	63,643
Equity Component [Member]
Debt Instrument [Line Items]
Debt issuance costs, net of amortization	(1,582)	(1,582)
Net carrying amount	$ 62,061	$ 62,061

Convertible Senior Notes, Not53

Convertible Senior Notes, Note Hedges, and Warrants - Summary of Interest Expense Recognized Related to Notes (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Debt Disclosure [Abstract]
0.75% coupon	$ 640	$ 640
Amortization of debt issuance costs	374	355
Amortization of debt discount	3,142	2,976
Interest expense recognized related to notes	$ 4,156	$ 3,971

Convertible Senior Notes, Not54

Convertible Senior Notes, Note Hedges, and Warrants - Summary of Interest Expense Recognized Related to Notes (Parenthetical) (Detail)	Mar. 31, 2017	Mar. 31, 2016
Debt Disclosure [Abstract]
Interest rate of debt, stated percentage	0.75%	0.75%

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Provisions for income taxes	$ (1,017)	$ 287
Pretax net income on tax provisions	3,770	2,390
Provisions for income taxes before discrete items	$ 1,100	$ 500
U.S. statutory income tax rate	35.00%
Unrecognized tax benefits that would affect the effective tax rate if recognized	$ 32,300		$ 32,000
Gross unrecognized tax benefits decrease in next 12 months	3,500
Offset to deferred tax assets for unrecognized tax benefits	20,400
Estimated unrecognized tax benefits	11,864		12,030
Accrued interest and penalties related to unrecognized tax benefits	$ 600		$ 500

Income Taxes - Tax Provision be

Income Taxes - Tax Provision before Discrete Items Reconciled to Recorded Provision for Income Taxes (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Income Tax Disclosure [Abstract]
Provision for income taxes before discrete items	$ 1,100	$ 500
Interest related to unrecognized tax benefits	100	200
Benefit related to stock based compensation, including ESPP dispositions	(1,600)	(100)
Benefit from reassessment of taxes upon filing tax returns	(100)	(300)
Benefit from reassessment of taxes upon tax law change	(500)
(Benefit from) Provision for income taxes	$ (1,017)	$ 287

Income Taxes - Open Tax Years -

Income Taxes - Open Tax Years - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2017
Earliest Tax Year [Member] | State Tax Jurisdictions [Member]
Income Tax Examination [Line Items]
Open tax year	2,012
Earliest Tax Year [Member] | Internal Revenue Service [Member]
Income Tax Examination [Line Items]
Open tax year	2,013
Earliest Tax Year [Member] | Netherlands Tax Authority [Member]
Income Tax Examination [Line Items]
Open tax year	2,012
Earliest Tax Year [Member] | Spanish Tax Authority [Member]
Income Tax Examination [Line Items]
Open tax year	2,012
Earliest Tax Year [Member] | Italian Tax Authority [Member]
Income Tax Examination [Line Items]
Open tax year	2,012
Earliest Tax Year [Member] | Israel Tax Authority [Member]
Income Tax Examination [Line Items]
Open tax year	2,011
Latest Tax Year [Member] | State Tax Jurisdictions [Member]
Income Tax Examination [Line Items]
Open tax year	2,015
Latest Tax Year [Member] | Internal Revenue Service [Member]
Income Tax Examination [Line Items]
Open tax year	2,015
Latest Tax Year [Member] | Netherlands Tax Authority [Member]
Income Tax Examination [Line Items]
Open tax year	2,015
Latest Tax Year [Member] | Spanish Tax Authority [Member]
Income Tax Examination [Line Items]
Open tax year	2,015
Latest Tax Year [Member] | Italian Tax Authority [Member]
Income Tax Examination [Line Items]
Open tax year	2,015
Latest Tax Year [Member] | Israel Tax Authority [Member]
Income Tax Examination [Line Items]
Open tax year	2,015

Commitments and Contingencies -

Commitments and Contingencies - Real Estate (Detail)	Apr. 13, 2017USD ($)ft²	Mar. 31, 2017USD ($)aft²	Aug. 26, 2016USD ($)aft²Renewal_Options	Mar. 31, 2017USD ($)aft²	Dec. 31, 2016USD ($)
Commitments And Contingencies [Line Items]
Assets held for sale		$ 3,781,000		$ 3,781,000	$ 3,781,000
Cost of manufacturing and warehouse facility under construction		103,181,000		103,181,000	103,304,000
Net unrealized gains (losses) on sale of securities included in other comprehensive income		(500,000)		(500,000)	$ (800,000)
Subsequent Event [Member]
Commitments And Contingencies [Line Items]
Lease base rent plus other charges and expenses	$ 3,300,000
Minimum [Member] | Matan Digital Printers [Member]
Commitments And Contingencies [Line Items]
Estimated material loss from outstanding claim in business acquisition		1		1
Maximum [Member] | Matan Digital Printers [Member]
Commitments And Contingencies [Line Items]
Estimated material loss from outstanding claim in business acquisition		$ 10,100,000		$ 10,100,000
Lease Agreement [Member]
Commitments And Contingencies [Line Items]
Lease term				10 years
Lease Agreement [Member] | Subsequent Event [Member]
Commitments And Contingencies [Line Items]
Area of real estate property | ft²	22,000
Lease term	10 years
Assets Held-for-Sale [Member]
Commitments And Contingencies [Line Items]
Acres of land | a		5.6		5.6
Area of real estate property | ft²		43,682		43,682
Net book value of facility		$ 2,900,000		$ 2,900,000
Land		900,000		900,000
Assets Held-for-Sale [Member] | Subsequent Event [Member]
Commitments And Contingencies [Line Items]
proceeds from sale of land	$ 4,800,000
Off Balance Sheet Financing - Synthetic Lease Arrangements [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Maximum [Member]
Commitments And Contingencies [Line Items]
Net unrealized gains (losses) on sale of securities included in other comprehensive income		$ 100,000		$ 100,000
Off Balance Sheet Financing - Synthetic Lease Arrangements [Member] | City of Manchester [Member]
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_Options			2
Minimum lease payments			$ 13,100,000
Renewal term of lease			5 years
Renewal term of lease			3 years 6 months
Off Balance Sheet Financing - Synthetic Lease Arrangements [Member] | Bank of Tokyo - Mitsubishi UFJ Leasing & Finance LLC [Member]
Commitments And Contingencies [Line Items]
Area of real estate property | ft²			225,000
Lease term			6 years
Minimum lease payments			$ 1,800,000
Residual value guarantee percentage			89.00%
Lease arrangement description				Upon completion of the initial term, we have the option to renew the lease, purchase the facility, or return the facility to BTMU subject to an 89% residual value guarantee under which we would recognize additional rent expense in the form of a variable rent payment.
Construction period				18 months
Percentage of funds pledged under operating lease		115.00%		115.00%
Percentage of funds deposited		100.00%
Off Balance Sheet Financing - Synthetic Lease Arrangements [Member] | Bank of Tokyo - Mitsubishi UFJ Leasing & Finance LLC [Member] | Cash Equivalents [Member]
Commitments And Contingencies [Line Items]
Funds pledged under lease		$ 6,200,000		$ 6,200,000
Off Balance Sheet Financing - Synthetic Lease Arrangements [Member] | Bank of Tokyo - Mitsubishi UFJ Leasing & Finance LLC [Member] | U.S. Government and Sponsored Entities [Member]
Commitments And Contingencies [Line Items]
Funds pledged under lease		$ 4,500,000		$ 4,500,000
Off Balance Sheet Financing - Synthetic Lease Arrangements [Member] | Bank of Tokyo - Mitsubishi UFJ Leasing & Finance LLC [Member] | Industrial Inkjet [Member]
Commitments And Contingencies [Line Items]
Cost of manufacturing and warehouse facility under construction			$ 40,000,000

Segment Information, Geographic

Segment Information, Geographic Regions, and Major Customers - Additional Information (Detail) $ in Thousands		3 Months Ended
		Mar. 31, 2017USD ($)Segment	Mar. 31, 2016USD ($)
Segment Reporting Information [Line Items]
Number of operating segments | Segment		3
Gross profit charged to cost of revenue	[1]	$ 105,161	$ 115,736
Fiery [Member]
Segment Reporting Information [Line Items]
Gross profit charged to cost of revenue		$ 1,000
Gross profit percentages		70.60%	70.30%
[1]	Includes stock-based compensation expense as follows: 2017 2016 Cost of revenue $ 834 $ 697 Research and development 3,570 3,039 Sales and marketing 2,295 2,349 General and administrative 3,581 5,199

Segment Information, Geograph60

Segment Information, Geographic Regions, and Major Customers - Summary of Operating Segment Profit (Gross Profit), Excluding Stock-Based Compensation Expense and Acquisition-Related Inventory Charges by Segment (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Segment Reporting Information [Line Items]
Revenue	$ 228,691	$ 234,133
Industrial Inkjet [Member]
Segment Reporting Information [Line Items]
Revenue	123,263	125,798
Gross profit	$ 49,070	$ 42,450
Gross profit percentages	39.80%	33.70%
Productivity Software [Member]
Segment Reporting Information [Line Items]
Revenue	$ 35,058	$ 32,540
Gross profit	$ 25,596	$ 23,694
Gross profit percentages	73.00%	72.80%
Fiery [Member]
Segment Reporting Information [Line Items]
Revenue	$ 70,370	$ 75,795
Gross profit	$ 49,698	$ 53,264
Gross profit percentages	70.60%	70.30%

Segment Information, Geograph61

Segment Information, Geographic Regions, and Major Customers - Reconciliation of Operating Segment Gross Profit to Condensed Consolidated Statements of Operations (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Segment Reporting Information [Line Items]
Stock-based compensation expense	$ (10,280)	$ (11,284)
Gross profit	123,530	118,397
Cost of Revenue [Member]
Segment Reporting Information [Line Items]
Stock-based compensation expense	(834)	(697)
Material Reconciling Items [Member]
Segment Reporting Information [Line Items]
Other items excluded from segment profit		(314)
Gross profit	123,530	118,397
Material Reconciling Items [Member] | Segment Profit [Member]
Segment Reporting Information [Line Items]
Segment gross profit	124,364	119,408
Material Reconciling Items [Member] | Cost of Revenue [Member]
Segment Reporting Information [Line Items]
Stock-based compensation expense	$ (834)	$ (697)

Segment Information, Geograph62

Segment Information, Geographic Regions, and Major Customers - Tangible and Intangible Assets, Net of Liabilities, Summarized by Operating Segment (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Segment Reporting Information [Line Items]
Goodwill	$ 371,674	$ 359,841
Identified intangible assets, net	136,458	122,997
Tangible assets, net of liabilities	324,527	344,994
Total stockholders' equity	832,659	827,832
Operating Segment [Member] | Industrial Inkjet [Member]
Segment Reporting Information [Line Items]
Goodwill	143,472	141,068
Identified intangible assets, net	80,277	84,465
Tangible assets, net of liabilities	188,954	156,202
Total stockholders' equity	412,703	381,735
Operating Segment [Member] | Productivity Software [Member]
Segment Reporting Information [Line Items]
Goodwill	157,721	155,475
Identified intangible assets, net	35,557	38,440
Tangible assets, net of liabilities	(41,270)	(27,689)
Total stockholders' equity	152,008	166,226
Operating Segment [Member] | Fiery [Member]
Segment Reporting Information [Line Items]
Goodwill	70,481	63,298
Identified intangible assets, net	20,624	92
Tangible assets, net of liabilities	8,465	33,325
Total stockholders' equity	99,570	96,715
Corporate and Unallocated Net Assets [Member]
Segment Reporting Information [Line Items]
Tangible assets, net of liabilities	168,378	183,156
Total stockholders' equity	$ 168,378	$ 183,156

Segment Information, Geograph63

Segment Information, Geographic Regions, and Major Customers - Revenue by Ship-to Destination (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Segment Reporting Information [Line Items]
Total revenue	$ 228,691	$ 234,133
Americas [Member]
Segment Reporting Information [Line Items]
Total revenue	109,895	120,266
Europe, Middle East, and Africa ("EMEA") [Member]
Segment Reporting Information [Line Items]
Total revenue	88,033	83,583
Asia Pacific ("APAC") [Member]
Segment Reporting Information [Line Items]
Total revenue	$ 30,763	$ 30,284

Derivatives and Hedging - Addit

Derivatives and Hedging - Additional Information (Detail) - USD ($)	Mar. 31, 2017	Dec. 31, 2016
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional amount of derivative assets and liabilities	$ 165,500,000	$ 161,800,000
Designated as Cash Flow Hedges [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional amount of derivative assets and liabilities	3,300,000	3,200,000
Brazilian Real, British Pound Sterling, Israeli Shekel, Australian Dollar, Japanese Yen, Chinese Renminbi, and Euro Denominated Intercompany Balances [Member] | Not Designated for Hedge Accounting Treatment [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional amount of derivative assets and liabilities	87,600,000	90,700,000
Brazilian Real, British Pound Sterling, Australian Dollar, Israeli Shekel, And Euro-Denominated Trade Receivables [Member] | Not Designated for Hedge Accounting Treatment [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional amount of derivative assets and liabilities	49,000,000	39,800,000
British Pounds Sterling, Indian Rupee, and Euro-Denominated other net monetary assets. | Not Designated for Hedge Accounting Treatment [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional amount of derivative assets and liabilities	25,600,000	28,200,000
Foreign Exchange Contracts [Member] | Designated as Cash Flow Hedges [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional amount of derivative assets and liabilities	3,300,000	3,200,000
Forward Contracts [Member] | Not Designated for Hedge Accounting Treatment [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional amount of derivative assets and liabilities	$ 162,200,000	$ 158,700,000

Restructuring and Other - Addit

Restructuring and Other - Additional Information (Detail) $ in Thousands	3 Months Ended
	Mar. 31, 2017USD ($)Employees	Mar. 31, 2016USD ($)Employees
Reorganizations [Abstract]
Restructuring and other costs	$ 918	$ 2,715
Severance charges	$ 400	$ 2,500
Number of head count reductions | Employees	18	71
Facilities relocation and downsizing expenses	$ 100	$ 100
Integration expenses	$ 500	$ 100

Restructuring and Other - Restr

Restructuring and Other - Restructuring and Other Reserve Activities (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Restructuring and Related Activities [Abstract]
Reserve balance at January 1	$ 1,824	$ 3,019
Restructuring charges	285	1,846
Other charges	633	868
Non-cash restructuring and other	(63)	(403)
Payments	(684)	(1,828)
Reserve balance at March 31	$ 1,995	$ 3,502

Stock-based Compensation - Sche

Stock-based Compensation - Schedule of Stock-Based Compensation Expense (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense	$ 10,280	$ 11,284
Income tax benefit	(2,873)	(2,659)
Stock-based compensation expense, net of tax	7,407	8,625
RSUs [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense	9,237	10,563
ESPP Purchase Rights [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense	$ 1,043	766
Employee Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense (benefit)		$ (45)

Stock-based Compensation - Valu

Stock-based Compensation - Valuation Assumptions for Stock Options and ESPP Purchase - Additional Information (Detail) - shares	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Options granted	0	0

Stock-based Compensation - Sc69

Stock-based Compensation - Schedule of ESPP Purchase Rights and Underlying Weighted Average Assumptions (Detail) - ESPP Purchase Rights [Member] - $ / shares	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average fair value per share	$ 12.03	$ 10.39
Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected volatility	24.00%	22.00%
Risk-free interest rate	0.70%	0.50%
Expected term (in years)	6 months	6 months
Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected volatility	28.00%	25.00%
Risk-free interest rate	1.20%	0.80%
Expected term (in years)	2 years	2 years

Stock-based Compensation - Sc70

Stock-based Compensation - Schedule of Stock Options Outstanding and Exercisable (Detail) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2017USD ($)$ / sharesshares
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Shares, Options outstanding, beginning balance | shares	315
Shares outstanding, Options exercised | shares	(63)
Shares, Options outstanding, ending balance | shares	252
Shares outstanding, Options vested and expected to vest, ending balance | shares	252
Shares outstanding, Options exercisable, ending balance | shares	252
Weighted average exercise price, Options outstanding, beginning balance | $ / shares	$ 13.86
Weighted average exercise price, Options exercised | $ / shares	12.31
Weighted average exercise price, Options outstanding, ending balance | $ / shares	14.26
Weighted average exercise price, Options vested and expected to vest, ending balance | $ / shares	14.26
Weighted average exercise price, Options exercisable, ending balance | $ / shares	$ 14.26
Weighted average remaining contractual term (years), Options outstanding	1 year 4 months 24 days
Weighted average remaining contractual term (years), Options vested and expected to vest	1 year 4 months 24 days
Weighted average remaining contractual term (years), Options exercisable	1 year 4 months 24 days
Aggregate intrinsic value, Options outstanding | $	$ 8,713
Aggregate intrinsic value, Options vested and expected to vest | $	8,713
Aggregate intrinsic value, Options exercisable | $	$ 8,713

Stock-based Compensation - Sc71

Stock-based Compensation - Schedule of Non-Vested RSUs (Detail) shares in Thousands	3 Months Ended
	Mar. 31, 2017$ / sharesshares
Nonvested Restricted Stock Units Activity [Line Items]
Non-vested, beginning balance | shares	2,083
Shares, Granted | shares	411
Shares, Vested | shares	(291)
Shares, Forfeited | shares	(381)
Non-vested, ending balance | shares	1,822
Weighted average grant date fair value, Non-vested, beginning balance | $ / shares	$ 43.34
Weighted average grant date fair value, Granted | $ / shares	46.83
Weighted average grant date fair value, Vested | $ / shares	40.99
Weighted average grant date fair value, Forfeited | $ / shares	40.73
Weighted average grant date fair value, Non-vested, ending balance | $ / shares	$ 44.62
Time-based RSUs [Member]
Nonvested Restricted Stock Units Activity [Line Items]
Non-vested, beginning balance | shares	795
Shares, Granted | shares	53
Shares, Vested | shares	(56)
Shares, Forfeited | shares	(14)
Non-vested, ending balance | shares	778
Weighted average grant date fair value, Non-vested, beginning balance | $ / shares	$ 43.79
Weighted average grant date fair value, Granted | $ / shares	45.96
Weighted average grant date fair value, Vested | $ / shares	42.48
Weighted average grant date fair value, Forfeited | $ / shares	44.12
Weighted average grant date fair value, Non-vested, ending balance | $ / shares	$ 44.03
Performance-based RSUs [Member]
Nonvested Restricted Stock Units Activity [Line Items]
Non-vested, beginning balance | shares	1,265
Shares, Granted | shares	358
Shares, Vested | shares	(235)
Shares, Forfeited | shares	(367)
Non-vested, ending balance | shares	1,021
Weighted average grant date fair value, Non-vested, beginning balance | $ / shares	$ 42.64
Weighted average grant date fair value, Granted | $ / shares	46.95
Weighted average grant date fair value, Vested | $ / shares	40.64
Weighted average grant date fair value, Forfeited | $ / shares	40.61
Weighted average grant date fair value, Non-vested, ending balance | $ / shares	$ 45.34
Market-based RSUs [Member]
Nonvested Restricted Stock Units Activity [Line Items]
Non-vested, beginning balance | shares	23
Non-vested, ending balance | shares	23
Weighted average grant date fair value, Non-vested, beginning balance | $ / shares	$ 33.16
Weighted average grant date fair value, Non-vested, ending balance | $ / shares	$ 33.16

Stock-based Compensation - Perf

Stock-based Compensation - Performance-based and Market-based RSUs and Stock Options - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options granted	0	0
RSUs [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fair value of RSUs vested during the year	$ 11.9
Aggregate intrinsic value of RSUs vested and expected to vest	$ 59.4
Weighted average period of recognition of unrecognized compensation cost	1 year 1 month 17 days
Performance-based Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options granted	0
Market-based Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options granted	0

Stock-based Compensation - Sc73

Stock-based Compensation - Schedule of Weighted Average Grant Date Fair Value Per Share of Performance-Based and Market-Based RSUs and Assumptions Used to Estimate Fair Value (Detail) - $ / shares	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grant date fair value per share	$ 46.83
Performance-based RSUs [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grant date fair value per share	46.95
Performance-based RSUs [Member] | Short Term [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grant date fair value per share	$ 47.28	$ 39.47
Service period (years)	1 year	1 year
Performance-based RSUs [Member] | Long Term [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grant date fair value per share	$ 45.89	$ 36.78
Service period (years)		3 years
Service period, lower range (years)	2 years
Service period, upper range (years)	3 years

Common Stock Repurchase Progr74

Common Stock Repurchase Programs - Additional Information (Detail) - USD ($) shares in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Nov. 09, 2015
Share Repurchase Program 2013 [Member]
Stock Repurchase Program [Line Items]
Repurchase of common stock, authorized amount			$ 150,000,000
Aggregate shares repurchased	0.4	0.5
Aggregate purchase price	$ 17,500,000	$ 20,000,000
Common stock repurchase authorization expiration date	Dec. 31, 2018
Net Share Settlement [Member]
Stock Repurchase Program [Line Items]
Aggregate shares repurchased	0.1	0.1
Value of shares surrendered to satisfy tax withholding obligations	$ 5,000,000	$ 3,100,000

Accounts Receivable - Additiona

Accounts Receivable - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Financing Receivables And Receivables Sold [Line Items]
Financing receivables	$ 32.3	$ 31
United States and Italy [Member]
Financing Receivables And Receivables Sold [Line Items]
Trade receivables sold with recourse	4.2	19.8
Spain and Italy [Member]
Financing Receivables And Receivables Sold [Line Items]
Trade receivables sold without recourse	1	3.5
Sales-Type Lease [Member]
Financing Receivables And Receivables Sold [Line Items]
Financing receivables	19.7	17.8
Trade Receivables with Original Maturities in Excess of One Year [Member]
Financing Receivables And Receivables Sold [Line Items]
Financing receivables	12.6	13.2
Trade Receivables with Original Maturities in Excess of One Year [Member] | Scheduled to be Received in Less Than One Year [Member]
Financing Receivables And Receivables Sold [Line Items]
Financing receivables	$ 6.4	$ 7.1