Electronics For Imaging (EFII) 10-Q 11 Sep 17 2017 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2017	Aug. 31, 2017
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q2
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		46,378,143

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Current assets:
Cash and cash equivalents	$ 158,577	$ 164,313
Short-term investments, available for sale	272,666	295,428
Accounts receivable, net of allowances of $28.5 and $23.3 million, respectively	235,241	220,813
Inventories	124,065	99,075
Income taxes receivable	4,668	975
Assets held for sale		3,781
Other current assets	39,216	31,881
Total current assets	834,433	816,266
Property and equipment, net	105,853	103,304
Restricted investments and cash equivalents	20,443	6,252
Goodwill	383,251	359,841
Intangible assets, net	133,666	122,997
Deferred tax assets	56,876	58,477
Other assets	15,470	14,359
Total assets	1,549,992	1,481,496
Current liabilities:
Accounts payable	131,739	114,287
Accrued and other liabilities	116,959	85,505
Deferred revenue	61,102	53,813
Income taxes payable	11,634	10,256
Total current liabilities	321,434	263,861
Convertible senior notes, net	311,603	304,484
Imputed financing obligation related to build-to-suit lease	14,111	14,152
Noncurrent contingent and other liabilities	39,264	42,786
Deferred tax liabilities	13,459	16,351
Noncurrent income taxes payable	12,016	12,030
Total liabilities	711,887	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; 53,710 and 53,038 shares issued, respectively	537	530
Additional paid-in capital	731,421	705,901
Treasury stock, at cost; 7,352 and 6,457 shares, respectively	(315,057)	(273,730)
Accumulated other comprehensive loss	(6,167)	(24,694)
Retained earnings	427,371	419,825
Total stockholders' equity	838,105	827,832
Total liabilities and stockholders' equity	$ 1,549,992	$ 1,481,496

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016
Statement of Financial Position [Abstract]
Accounts receivable, allowances	$ 28.5	$ 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	53,710,000	53,038,000
Treasury stock, shares	7,352,000	6,457,000

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Income Statement [Abstract]
Revenue		$ 247,047	$ 245,650	$ 475,738	$ 479,783
Cost of revenue	[1]	119,795	120,603	224,956	236,339
Gross profit		127,252	125,047	250,782	243,444
Operating expenses:
Research and development	[1]	38,989	37,676	78,616	74,798
Sales and marketing	[1]	43,714	42,770	86,749	84,300
General and administrative	[1]	21,135	21,446	42,164	42,278
Restructuring and other (Note 11)		3,671	1,710	4,589	4,425
Amortization of identified intangibles		11,752	9,736	22,530	18,965
Total operating expenses		119,261	113,338	234,648	224,766
Income from operations		7,991	11,709	16,134	18,678
Interest expense		(4,966)	(4,375)	(9,626)	(8,733)
Interest income and other income, net		755	420	1,042	199
Income before income taxes		3,780	7,754	7,550	10,144
Provision for income taxes		(1,021)	(2,519)	(4)	(2,806)
Net income		$ 2,759	$ 5,235	$ 7,546	$ 7,338
Net income per basic common share		$ 0.06	$ 0.11	$ 0.16	$ 0.16
Net income per diluted common share		$ 0.06	$ 0.11	$ 0.16	$ 0.15
Shares used in basic per-share calculation		46,429	46,943	46,490	47,079
Shares used in diluted per-share calculation		47,150	47,830	47,199	47,930
[1]	Includes stock-based compensation expense as follows: 2017 2016 2017 2016 Cost of revenue $ 665 $ 534 $ 1,499 $ 1,231 Research and development 2,346 1,886 5,916 4,926 Sales and marketing 1,773 1,550 4,068 3,899 General and administrative 2,829 3,135 6,410 8,334

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Operations (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Recognized stock-based compensation expense	$ 7,613	$ 7,105	$ 17,893	$ 18,390
Cost of Revenue [Member]
Recognized stock-based compensation expense	665	534	1,499	1,231
Research and Development [Member]
Recognized stock-based compensation expense	2,346	1,886	5,916	4,926
Sales and Marketing [Member]
Recognized stock-based compensation expense	1,773	1,550	4,068	3,899
General and Administrative [Member]
Recognized stock-based compensation expense	$ 2,829	$ 3,135	$ 6,410	$ 8,334

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Statement of Comprehensive Income [Abstract]
Net income	$ 2,759	$ 5,235	$ 7,546	$ 7,338
Net unrealized investment gains (losses):
Unrealized holding gains, net of tax provision of less than $0.1 million and $0.1 million for the three and six months ended June 30, 2017, and $0.2 and $0.7 million for the three and six months ended June 30, 2016	99	325	235	1,101
Reclassification gains (losses) included in net income, net of tax benefits of less than $0.1 million for the three and six months ended June 30, 2017, respectively, and tax provisions of less than $0.1 million for the three and six months ended June 30, 2016	(17)	96	(22)	114
Net unrealized investment gains	82	421	213	1,215
Currency translation adjustments, net of no tax benefit for the three and six months ended June 30, 2017, tax benefit of $0.4 million for the three months ended June 30, 2016, and tax provision of $0.3 million for the six months ended June 30, 2016	12,136	(4,662)	18,310	1,784
Net unrealized gains (losses) on cash flow hedges	(51)	(67)	4	(16)
Comprehensive income	$ 14,926	$ 927	$ 26,073	$ 10,321

Condensed Consolidated Stateme7

Condensed Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Statement of Comprehensive Income [Abstract]
Unrealized holding gains, tax provisions (benefits)		$ 200,000	$ (100,000)	$ 700,000
Reclassification adjustments included in net income, net of tax provisions (benefits)
Currency translation adjustments, tax provisions (benefits)	$ 0	$ (400,000)	$ 0	$ 300,000

Condensed Consolidated Stateme8

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Cash flows from operating activities:
Net income	$ 7,546	$ 7,338
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	30,911	26,503
Deferred taxes	(1,571)	(6,409)
Provisions for bad debt and sales-related allowances	6,401	5,737
Provision for inventory obsolescence	1,465	3,240
Stock-based compensation, net of cash settlements	17,893	18,216
Non-cash accretion of interest expense on convertible notes and imputed financing obligation	7,459	6,574
Other non-cash charges and credits	2,890	(1,329)
Changes in operating assets and liabilities, net of effect of acquired businesses	(33,984)	(28,010)
Net cash provided by operating activities	39,010	31,860
Cash flows from investing activities:
Purchases of short-term investments	(62,431)	(137,323)
Proceeds from sales and maturities of short-term investments	85,306	165,634
Purchases of restricted investments and cash equivalents	(14,191)
Purchases, net of proceeds from sales, of property and equipment	(5,711)	(13,694)
Businesses purchased, net of cash acquired	(13,512)	(19,614)
Net cash used for investing activities	(10,539)	(4,997)
Cash flows from financing activities:
Proceeds from issuance of common stock	6,643	4,982
Purchases of treasury stock and net share settlements	(41,326)	(43,923)
Repayment of debt assumed through business acquisitions and debt issuance costs	(1,489)	(8,312)
Contingent consideration payments related to businesses acquired	(1,294)	(1,868)
Net cash used for financing activities	(37,466)	(49,121)
Effect of foreign exchange rate changes on cash and cash equivalents	3,259	1,815
Decrease in cash and cash equivalents	(5,736)	(20,443)
Cash and cash equivalents at beginning of period	164,313	164,091
Cash and cash equivalents at end of period	$ 158,577	$ 143,648

Basis of Presentation and Signi

Basis of Presentation and Significant Accounting Policies	6 Months Ended
	Jun. 30, 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, Significant Accounting Policies There have been no material changes in our significant accounting policies, as compared to the significant accounting policies described in our Annual Report on Form 10-K, Bill and Hold Transactions. “bill-and-hold” “bill-and-hold” “bill-and-hold” Out-of-Period In the three and six months ended June 30, 2017, we recorded out-of-period Recent Accounting Pronouncements Inventory Valuation. 2015-11, 2015-11 2015-11 Revenue Recognition. 2014-09, 2016-10, ASU 2014-09 2014-09 • disaggregation of our current disclosures of revenue by segment and geographic area to include revenue by major product line, timing of recognition, contract duration, and sales channel, among others, • billed and unbilled 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, • assets recognized from the costs to obtain or fulfill a contract (e.g., commissions), and • bad debt provisions related to billed and unbilled receivables. Upon initial evaluation, we believe the key changes in the guidance that impact our revenue recognition relate to the timing of revenue recognition and allocation of contract revenue between services and software licenses. The requirement to defer incremental contract acquisition costs (e.g., commissions) 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 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 related to third party ink revenue and certain printer components. 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 off-balance 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 the requirement to recognize a right-of-use Definition of a Business. 2017-01, Under ASU 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 Stock Compensation Modification. 2017-09, ASU 2017-09 Supplemental Cash Flow Information Six months ended (in thousands) 2017 2016 Net cash paid for income taxes $ 7,115 $ 4,203 Cash paid for interest expense $ 2,011 $ 1,812 Acquisition of businesses Cash paid for businesses purchased, excluding contingent consideration $ 13,512 $ 21,242 Cash acquired in business acquisitions — (1,628 ) Net cash paid for businesses purchased, net of cash acquired $ 13,512 $ 19,614 Common stock issued in connection with Reggiani Macchine SpA (“Reggiani”) acquisition $ — $ 73 Non-cash Non-cash $ — $ 2,733 Property and equipment received, but not paid 843 880 $ 843 $ 3,613

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 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 and six months ended June 30, 2017 and 2016 are reconciled as follows (in thousands, except per share amounts): Three months ended June 30, Six months ended June 30, 2017 2016 2017 2016 Basic net income per share: Net income available to common shareholders $ 2,759 $ 5,235 $ 7,546 $ 7,338 Weighted average common shares outstanding 46,429 46,943 46,490 47,079 Basic net income per share $ 0.06 $ 0.11 $ 0.16 $ 0.16 Dilutive net income per share: Net income available to common shareholders $ 2,759 $ 5,235 $ 7,546 $ 7,338 Weighted average common shares outstanding 46,429 46,943 46,490 47,079 Dilutive stock options and non-vested 721 887 709 851 Weighted average common shares outstanding for purposes of computing diluted net income per share 47,150 47,830 47,199 47,930 Dilutive net income per share $ 0.06 $ 0.11 $ 0.16 $ 0.15 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 six months ended June 30, 2017 and 2016, respectively. 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 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	6 Months Ended
	Jun. 30, 2017
Text Block [Abstract]
Balance Sheet Details	3. Balance Sheet Details Inventories Inventories, net of allowances, as of June 30, 2017, and December 31, 2016, are as follows (in thousands): June 30, 2017 December 31, Raw materials $ 51,180 $ 45,798 Work in process 12,546 7,362 Finished goods 60,339 45,915 $ 124,065 $ 99,075 Deferred Cost of Revenue Deferred cost of revenue related to unrecognized revenue on shipments to customers was $3.0 and $3.4 million as of June 30, 2017, and December 31, 2016, respectively, and is included in other current assets in our Condensed Consolidated Balance Sheets. Product Warranty Reserves Product warranty reserves are included in accrued and other liabilities and our Condensed Consolidated Balance Sheets. The changes in product warranty reserves during the six months ended June 30, 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 4,790 6,205 Settlements (6,254 ) (6,215 ) Balance at June 30, $ 18,223 $ 9,625 Accumulated Other Comprehensive Loss (“OCI”) OCI classified within stockholders’ equity in our Condensed Consolidated Balance Sheets as of June 30, 2017, and December 31, 2016 is as follows (in thousands): June 30, December 31, Net unrealized investment losses $ (260 ) $ (473 ) Currency translation losses (5,920 ) (24,230 ) Net unrealized gains on cash flow hedges 13 9 Accumulated other comprehensive loss $ (6,167 ) $ (24,694 ) Amounts reclassified out of OCI were less than $0.1 million, net of tax, for the three and six months ended June 30, 2017, and $0.1 million, net of tax, for the three and six months ended June 30, 2016, and consisted of unrealized gains and losses from investments in debt securities that are reported within interest income and other income, net, in our Condensed Consolidated Statements of Operations.

Acquisition

Acquisition	6 Months Ended
	Jun. 30, 2017
Business Combinations [Abstract]
Acquisition	4. Acquisition We acquired privately held CRC Information Systems, Inc. (“CRC”) from Reynolds and Reynolds Company (“Reynolds”) and certain assets comprising the FFPS business from Xerox Corporation (“Xerox”) during 2017, which have been included in our Productivity Software and Fiery operating segments, respectively. Acquisition-related transaction costs were $0.5 and $1.2 million during the three and six months ended June 30, 2017, respectively, and $0.8 and $1.3 million during the three and six months ended June 30, 2016, respectively, related to all acquisitions. These acquisitions were accounted for as purchase business combinations. We allocated the purchase price to the tangible and identifiable intangible assets acquired and liabilities assumed based on their estimated fair value on their acquisition dates. Excess purchase consideration was recorded as goodwill. Factors contributing to a purchase price that results in goodwill include, but are not limited to, the retention of research and development personnel with skills to develop future technology, support personnel to provide maintenance services related to the products, a trained sales force capable of selling current and future products, the opportunity to cross-sell products of the acquired businesses to existing customers, the opportunity to integrate acquired technology into our products, the positive reputation of CRC and FFPS in the market, the opportunity to sell Fiery digital front ends (“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 these acquired businesses. 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 allocations are preliminary and subject to change within the measurement period as the valuations are 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 end at various dates in 2018. Measurement period adjustments will be recognized in the reporting period in which the adjustment amounts are determined, if any. Productivity Software Operating Segment We acquired privately held CRC, which is a Michigan corporation headquartered in Scottsdale, Arizona, from Reynolds, which is an Ohio corporation headquartered in Dayton, Ohio, on May 8, 2017, for cash consideration of $7.6 million. CRC provides business process automation software for label and packaging printers for commercial businesses and is included in the Midmarket Print Suite within our Productivity Software operating segment. Fiery Operating Segment We acquired certain assets comprising the FFPS business from Xerox, a New York corporation headquartered in Norwalk, Connecticut, on January 31, 2017. The FFPS business manufactures and markets the FFPS DFE, which is a DFE that previously competed with our Fiery DFEs and is included in our Fiery operating segment. We purchased FFPS for cash consideration of $24.0 million consisting of $6.0 million paid at closing, $9.0 million paid 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 $23.1 million. Valuation Methodologies Intangible assets acquired consist of customer relationships, Purchasing Agreement with Xerox, “take-or-pay” in-process Customer Relationships and Backlog Trade Name Existing Technology Purchasing Agreement Take-or-pay 12-month one-time IPR&D The preliminary allocation of the purchase price to the assets acquired and liabilities assumed (in thousands) with respect to these acquisitions at their respective acquisition dates is summarized as follows: CRC FFPS Weighted average useful life Purchase Weighted average useful life Purchase Purchasing agreement — $ — 10 years $ 9,330 Take-or-pay — — 4 years $ 9,000 Customer relationships 9 years 3,580 — — Existing technology 4 years 540 2 years 2,570 Trade names 4 years 180 5 years 1,020 IPR&D — — less than one year 70 Backlog less than one year 4 — — Goodwill — 4,595 — 6,236 $ 8,899 28,226 Net tangible assets (liabilities) (1,299 ) (5,092 ) Total purchase price $ 7,600 $ 23,134 Pro forma results of operations have not been presented because they are not material to our Condensed Consolidated Statements of Operations for the three and six months ended June 30, 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 CRC and FFPS is not deductible for tax purposes.

Investments and Fair Value Meas

Investments and Fair Value Measurements	6 Months Ended
	Jun. 30, 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 gains Gross unrealized losses Fair value June 30, 2017 U.S. Government and sponsored entities $ 68,114 $ 6 $ (348 ) $ 67,772 Corporate debt securities 178,432 153 (269 ) 178,316 Municipal government 1,044 — — 1,044 Asset-backed securities 24,502 71 (18 ) 24,555 Mortgage-backed securities – residential 980 1 (2 ) 979 Total short-term investments $ 273,072 $ 231 $ (637 ) $ 272,666 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 June 30, 2017, and December 31, 2016 are as follows (in thousands): Less than 12 Months More than 12 Months TOTAL Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses June 30, 2017 U.S. Government and sponsored entities $ 58,640 $ (342 ) $ — $ — $ 58,640 $ (342 ) Corporate debt securities 98,931 (268 ) 6,013 (6 ) 104,944 (274 ) Asset-backed securities 11,234 (17 ) 1,537 (1 ) 12,771 (18 ) Mortgage-backed securities – residential 453 (3 ) 17 — 470 (3 ) Total $ 169,258 $ (630 ) $ 7,567 $ (7 ) $ 176,825 $ (637 ) 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 June 30, 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 June 30, 2017, were temporary in nature. Amortized cost and estimated fair value of investments as of June 30, 2017, are summarized by maturity date as follows (in thousands): Amortized cost Fair value Mature in less than one year $ 75,373 $ 75,361 Mature in one to three years 197,699 197,305 Total short-term investments $ 273,072 $ 272,666 Net realized gains of less than $0.1 million from sales of investments were recognized in interest income and other income, net, during the three and six months ended June 30, 2017. Net realized gains of $0.2 million from sales of investments were recognized in interest income and other income, net, during the three and six months ended June 30, 2016. Net unrealized losses of $0.4 and $0.8 million were included in OCI in the accompanying Condensed Consolidated Balance Sheets as of June 30, 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 June 30, 2017, and December 31, 2016 in order of liquidity as follows (in thousands): Total Quoted Prices Significant Unobservable (Level 3) June 30, 2017 Assets: Money market funds $ 9,497 $ 9,497 $ — $ — U.S. Government and sponsored entities 67,772 41,813 25,959 — Corporate debt securities 178,316 — 178,316 — Municipal government 1,044 — 1,044 — Asset-backed securities 24,555 — 24,497 58 Mortgage-backed securities – residential 979 — 979 — $ 282,163 $ 51,310 $ 230,795 $ 58 Liabilities: Contingent consideration, current and noncurrent $ 61,414 $ — $ — $ 61,414 Self-insurance 1,060 — — 1,060 $ 62,474 $ — $ — $ 62,474 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 $9.5 and $23.6 million, which have been classified as cash equivalents as of June 30, 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 six months ended June 30, 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 $61.4 and $56.5 million as of June 30, 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 $1.8 million primarily due to an increase in the Optitex earnout and CTI performance probabilities, including $0.9 million of earnout interest accretion related to all acquisitions during the six months ended June 30, 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 six months ended June 30, 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 $ 1,776 Payments (1,294 ) Foreign currency adjustment 4,469 Fair value of contingent consideration at June 30, 2017 $ 61,414 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 a change in the fair value of contingent consideration of $2.0 million resulting in a corresponding adjustment to general and administrative expense. A change in the discount rate of one percentage point results in a change in the fair value of contingent consideration of $0.5 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 $10.1 million as of June 30, 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 $148.7 and $161.8 million as of June 30, 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 $3.6 and $3.2 million as of June 30, 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 June 30, 2017 was approximately $373.0 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	6 Months Ended
	Jun. 30, 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 June 30, 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 if 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 June 30, 2017, and December 31, 2016 (in thousands): June 30, December 31, Liability component $ 345,000 $ 345,000 Debt discount, net of amortization (29,695 ) (36,115 ) Debt issuance costs, net of amortization (3,702 ) (4,401 ) Net carrying amount $ 311,603 $ 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 and six months ended June 30, 2017 and 2016 was as follows (in thousands): Three months ended June 30, Six months ended June 30, 2017 2016 2017 2016 0.75% coupon $ 647 $ 647 $ 1,287 $ 1,287 Amortization of debt issuance costs 354 362 699 719 Amortization of debt discount 3,249 3,050 6,420 6,025 $ 4,250 $ 4,059 $ 8,406 $ 8,031 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 corresponds 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	6 Months Ended
	Jun. 30, 2017
Income Tax Disclosure [Abstract]
Income taxes	7. Income taxes We recognized a tax provisions of $1.0 and $2.5 million on pretax net income of $3.8 and $7.8 million during the three months ended June 30, 2017 and 2016, respectively. We recognized no tax provision on pretax net income of $7.6 million and a tax provision of $2.8 million on pre-tax 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 provisions before discrete items is reconciled to our recorded provisions for income taxes during the three and six months ended June 30, 2017 and 2016 as follows (in millions): Three months ended June 30, Six months ended June 30, 2017 2016 2017 2016 Provision for income taxes before discrete items $ 1.5 $ 2.3 $ 2.6 $ 2.8 Interest related to unrecognized tax benefits 0.1 0.1 0.1 0.2 Reassessment of taxes upon filing tax returns 0.2 0.3 0.1 0.1 Excess tax benefit from stock compensation (0.8 ) (0.2 ) (2.3 ) (0.3 ) Benefit from reassessment of taxes upon foreign statutory tax rate change — — (0.5 ) — Provision for income taxes $ 1.0 $ 2.5 $ — $ 2.8 As of June 30, 2017 and December 31, 2016, gross unrecognized benefits that would affect the effective tax rate if recognized were $32.6 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 June 30, 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	6 Months Ended
	Jun. 30, 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 June 30, 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 In 2016, management approved a plan to sell approximately 5.6 acres and the office building located at 1340 Corporate Center Curve, Eagan, Minnesota, consisting of 43,682 square feet, and the related fixed assets were classified as held for sale. On April 13, 2017, we entered into an agreement under which we agreed to sell the office building and related land, subject to completion of a 150 day due diligence period, which expired without the transaction closing on September 7, 2017. Accordingly, assets previously recorded as held for sale of $3.8 million, which consisted of $2.9 million net book value of the facility and $0.9 million of related land as of December 31, 2016, have been classified as assets held for use within property and equipment, net, in our Condensed Consolidated Balance Sheet as of June 30, 2017. 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 six-year The funds pledged under the lease represent 115% of the total expenditures made by BTMU through June 30, 2017. The funds are invested in $15.1 and $5.3 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 June 30, 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 June 30, 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 June 30, 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 June 30, 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	6 Months Ended
	Jun. 30, 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, Midmarket Print Suite, 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, during the three and six months ended June 30, 2017 and 2016 is summarized as follows (in thousands): Three Months Ended Six Months Ended June 30, June 30, 2017 2016 2017 2016 Industrial Inkjet Revenue $ 141,693 $ 140,124 $ 264,956 $ 265,922 Gross profit 52,511 49,044 101,580 91,494 Gross profit percentages 37.1 % 35.0 % 38.3 % 34.4 % Productivity Software Revenue $ 39,063 $ 36,351 $ 74,121 $ 68,891 Gross profit 29,168 27,226 54,764 50,919 Gross profit percentages 74.7 % 74.9 % 73.9 % 73.9 % Fiery Revenue $ 66,291 $ 69,175 $ 136,661 $ 144,970 Gross profit 46,238 49,311 95,937 102,577 Gross profit percentages 69.8 % 71.3 % 70.2 % 70.8 % Operating segment profit (i.e., gross profit) is reconciled to our Condensed Consolidated Statements of Operations during the three and six months ended June 30, 2017 and 2016 as follows (in thousands): Three Months Ended Six Months Ended June 30, June 30, 2017 2016 2017 2016 Segment gross profit $ 127,917 $ 125,581 $ 252,281 $ 244,990 Stock-based compensation expense (665 ) (534 ) (1,499 ) (1,231 ) Other items excluded from segment profit — — — (315 ) Gross profit $ 127,252 $ 125,047 $ 250,782 $ 243,444 The Fiery gross profit percentage is impacted by $0.2 and $1.2 million during the three and six months ended June 30, 2017, respectively, 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 70.0% and 71.1% for the three and six months ended June 30, 2017, respectively. Tangible and intangible assets, net of liabilities, are summarized by operating segment as follows (in thousands): June 30, 2017 Industrial Productivity Fiery Corporate Total Goodwill $ 148,109 $ 165,194 $ 69,948 $ — $ 383,251 Identified intangible assets, net 77,808 36,407 19,451 — 133,666 Tangible assets, net of liabilities 197,953 (42,464 ) 2,244 163,455 321,188 Net tangible and intangible assets $ 423,870 $ 159,137 $ 91,643 $ 163,455 $ 838,105 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 Six months ended 2017 2016 2017 2016 Americas $ 114,014 $ 115,459 $ 223,909 $ 235,725 Europe, Middle East and Africa (“EMEA”) 101,513 95,877 189,546 179,460 Asia Pacific (“APAC”) 31,520 34,314 62,283 64,598 Total revenue $ 247,047 $ 245,650 $ 475,738 $ 479,783

Derivatives and Hedging

Derivatives and Hedging	6 Months Ended
	Jun. 30, 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 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 $3.6 million and $3.2 million have been designated as cash flow hedges of our Indian rupee operating expense exposure at June 30, 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 $145.1 and $158.7 million are used to hedge foreign currency balance sheet exposures at June 30, 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	6 Months Ended
	Jun. 30, 2017
Restructuring and Related Activities [Abstract]
Restructuring and Other	11. Restructuring and Other During the three and six months ended June 30, 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 $3.7 and $4.6 million during the three and six months ended June 30, 2017, respectively, and $1.7 and $4.4 million during the three and six months ended June 30, 2016, respectively. Restructuring and other costs include severance charges of $3.1 and $3.5 million related to reductions in head count of 95 and 113 during the three and six months ended June 30, 2017, respectively, and $1.0 and $3.1 million related to reduction in head count of 27 and 98 during the three and six months ended June 30, 2016, respectively. Severance costs include severance payments, related employee benefits, outplacement fees, and employee relocation costs. Facilities relocation and downsizing expenses were $0.2 and $0.5 million during the six months ended June 30, 2017 and 2016, respectively, primarily related to the relocation of certain manufacturing and administrative locations due to reduced space requirements. Integration expenses of $0.4 and $0.8 million during the three and six months ended June 30, 2017, respectively, and $0.7 and $0.9 million during the three and six months ended June 30, 2016, respectively, were required to integrate our business acquisitions. Restructuring and other reserve activities during the six months ended June 30, 2017 and 2016 are summarized as follows (in thousands): 2017 2016 Reserve balance at January 1, $ 1,824 $ 3,019 Restructuring charges 3,502 2,375 Other charges 1,087 2,050 Non-cash (117 ) (403 ) Cash payments (2,926 ) (4,704 ) Reserve balance at June 30, $ 3,370 $ 2,337

Stock-based Compensation

Stock-based Compensation	6 Months Ended
	Jun. 30, 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 actual 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 and six months ended June 30, 2017 and 2016 is summarized as follows (in thousands): Three months ended June 30, Six months ended June 30, 2017 2016 2017 2016 Stock-based compensation expense by type of award: RSUs $ 6,093 $ 6,389 $ 15,330 $ 17,077 ESPP 1,520 591 2,563 1,358 Employee stock options — 125 — (45 ) Total stock-based compensation 7,613 7,105 17,893 18,390 Income tax benefit (2,531 ) (1,563 ) (5,404 ) (4,246 ) Stock-based compensation expense, net of tax $ 5,082 $ 5,542 $ 12,489 $ 14,144 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 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 and six months ended June 30, 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 and six months ended June 30, 2017 and 2016 are as follows: ESPP Six months ended June 30, 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 June 30, 2017, and activity during the six months ended June 30, 2017 are summarized below (in thousands, except weighted average exercise price and remaining contractual term): Shares Weighted Weighted Aggregate Options outstanding at January 1, 2017 315 $ 13.86 Options exercised (127 ) 12.31 Options outstanding at June 30, 2017 188 $ 14.92 1.47 $ 6,102 Options vested and expected to vest at June 30, 2017 188 $ 14.92 1.47 $ 6,102 Options exercisable at June 30, 2017 188 $ 14.92 1.47 $ 6,102 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 date fair value Shares Weighted Shares Weighted Shares Weighted Non-vested 795 $ 43.79 1,265 $ 42.64 23 $ 33.16 2,083 $ 43.34 Granted 120 45.98 371 46.93 — — 491 46.70 Vested (128 ) 43.43 (263 ) 40.67 — — (391 ) 41.58 Forfeited (35 ) 43.50 (403 ) 40.93 — — (438 ) 41.14 Non-vested 752 $ 44.22 970 $ 45.52 23 $ 33.16 1,745 $ 45.23 Vested RSUs 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 six months ended June 30, 2017 was $16.3 million. The aggregate intrinsic value at June 30, 2017 for RSUs expected to vest was $55.0 million and the remaining weighted average vesting period was 2.42 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 June 30, 2017. RSUs expected to vest represent time-based RSUs unvested and outstanding at June 30, 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 RSUs and Stock Options Performance-based stock options, market-based RSUs, and market-based stock options were not granted during the six months ended June 30, 2017 and 2016. 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 six months ended June 30, 2017 and 2016 are as follows: Performance-based RSUs Short-term Long-term Six months ended June 30, 2017 Grants Grant date fair value per share $ 47.23 $ 45.96 Service period (years) 1.0 2.0 - 3.0 Six months ended June 30, 2016 Grants Grant date fair value per share $ 39.59 $ 39.98 Service period (years) 1.0 2.0 - 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 that were granted in prior periods vest when our average closing stock price exceeds defined multiples of the closing stock price for 90 consecutive trading days. If these multiples were not achieved by the expiration 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. 2017 Equity Incentive Plan Our stockholders approved the 2017 Equity Incentive Plan (“2017 Plan”) on June 7, 2017, which includes: • 1.2 million shares of our common stock reserved for issuance pursuant to such plan; • 1,593,660 common stock shares that were available for future grants under the 2009 Equity Incentive Award Plan (“Prior Plan”) immediately prior to termination of authority to grant new awards under the Prior Plan on June 7, 2017; • shares subject to stock options granted under the Prior Plan and outstanding as of June 7, 2017, which expire, or for any reason are cancelled or terminated, after that date without being exercised; and • shares subject to restricted stock unit awards granted under the Prior Plan that are outstanding and unvested as of June 7, 2017 which are forfeited, terminated, cancelled, or otherwise reacquired after that date without having become vested. No additional grants will be made under the Prior Plan. The 2017 Plan replaces the Prior Plan and will be used to help attract, retain and motivate employees, consultants, and directors.

Common Stock Repurchase Program

Common Stock Repurchase Programs	6 Months Ended
	Jun. 30, 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 0.7 and 1.0 million shares for an aggregate purchase price of $34.5 and $39.7 million during the six months ended June 30, 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 less than 0.1 and 0.1 million shares for an aggregate purchase price of $1.9 and $6.8 million during the three and six months ended June 30, 2017, respectively, and less than 0.1 million and 0.1 million shares for an aggregate purchase price of $1.1 and $4.2 million during the three and six months ended June 30, 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 repurchase program is limited by SEC regulations and is subject to compliance with our insider trading policy.

Accounts Receivable

Accounts Receivable	6 Months Ended
	Jun. 30, 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 $31.5 and $31.0 million consisted of $19.0 and $17.8 million of sales-type lease receivables, included within other current assets and other assets at June 30, 2017 and December 31, 2016, respectively, and $12.5 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 June 30, 2017 and December 31, 2016, respectively. The trade receivables of $12.5 and $13.2 million having an original total contractual maturity in excess of one year at June 30, 2017 and December 31, 2016, include $5.5 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 $5.2 and $9.4 million during the three and six months ended June 30, 2017, respectively, and $19.8 million during the year ended December 31, 2016, 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 million during the six months ended June 30, 2017, and $3.5 million during the year ended December 31, 2016, 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.

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2017
Subsequent Events [Abstract]
Subsequent Events	15. Subsequent Events Purported Class Action Lawsuit On August 10, 2017, a putative class action was filed against the Company and its two named executive officers in the United States District Court for the District of New Jersey, captioned Pipitone v. Electronics For Imaging, Inc 2:17-cv-05992 At this time, we do not believe it is probable that we will incur a material loss in this matter. However, it is reasonably possible that our financial statements could be materially affected by an unfavorable resolution of this matter. Because this proceeding is in the preliminary stages, we are not yet in a position to estimate the amount or range of reasonably possible loss that may be incurred. Purported Derivative Shareholder Lawsuits On August 22, 2017, a purported derivative shareholder complaint was filed in the Superior Court of the State of California for the County of Alameda captioned Schiffmiller v. Gecht At this time, we do not believe it is probable that we will incur a material loss in this matter. However, it is reasonably possible that our financial statements could be materially affected by an unfavorable resolution of this matter. Because this proceeding is in the preliminary stages, we are not yet in a position to estimate the amount or range of reasonably possible loss that may be incurred. Acquisition of Generation Digital Solutions, Inc. On August 14, 2017, we acquired privately held Generation Digital Solutions, Inc. (“GD”), a privately held company headquartered in New York City, for approximately $3.3 million in cash consideration, plus a potential future cash earnout of $4.6 million contingent on achieving certain performance targets. This acquisition will be accounted for as a purchase business combination and, accordingly, the total purchase price will be allocated to the tangible and intangible assets acquired and liabilities assumed based on their respective fair values on August 14, 2017. GD will be integrated into the Fiery operating segment. GD provides software to textile and fashion designers for the creation and design of prints and patterns, color matching, and color palette creation and management.

Basis of Presentation and Sig24

Basis of Presentation and Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 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,
Bill and Hold Transactions	Bill and Hold Transactions. “bill-and-hold” “bill-and-hold” “bill-and-hold”
Out-of-Period Adjustments	Out-of-Period In the three and six months ended June 30, 2017, we recorded out-of-period
Recent Accounting Pronouncements	Recent Accounting Pronouncements Inventory Valuation. 2015-11, 2015-11 2015-11 Revenue Recognition. 2014-09, 2016-10, ASU 2014-09 2014-09 • disaggregation of our current disclosures of revenue by segment and geographic area to include revenue by major product line, timing of recognition, contract duration, and sales channel, among others, • billed and unbilled 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, • assets recognized from the costs to obtain or fulfill a contract (e.g., commissions), and • bad debt provisions related to billed and unbilled receivables. Upon initial evaluation, we believe the key changes in the guidance that impact our revenue recognition relate to the timing of revenue recognition and allocation of contract revenue between services and software licenses. The requirement to defer incremental contract acquisition costs (e.g., commissions) 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 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 related to third party ink revenue and certain printer components. 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 off-balance 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 the requirement to recognize a right-of-use Definition of a Business. 2017-01, Under ASU 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
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 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 $3.6 million and $3.2 million have been designated as cash flow hedges of our Indian rupee operating expense exposure at June 30, 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 $145.1 and $158.7 million are used to hedge foreign currency balance sheet exposures at June 30, 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 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, ASU 2014-09 2014-09 • disaggregation of our current disclosures of revenue by segment and geographic area to include revenue by major product line, timing of recognition, contract duration, and sales channel, among others, • billed and unbilled 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, • assets recognized from the costs to obtain or fulfill a contract (e.g., commissions), and • bad debt provisions related to billed and unbilled receivables. Upon initial evaluation, we believe the key changes in the guidance that impact our revenue recognition relate to the timing of revenue recognition and allocation of contract revenue between services and software licenses. The requirement to defer incremental contract acquisition costs (e.g., commissions) 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 on our consolidated financial statements upon adoption.
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 related to third party ink revenue and certain printer components.
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 2016-15 Statement of Cash Flows [Member]
Recent Accounting Pronouncements	Settlement of Convertible Debt. 2016-15, ASU 2016-15
ASU 2016-18 Restricted Cash [Member]
Recent Accounting Pronouncements	Restricted Cash. 2016-18, beginning-of-period end-of-period ASU 2016-18 off-balance
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 2017-01 Business Combinations [Member]
Recent Accounting Pronouncements	Definition of a Business. 2017-01, Under ASU 2017-01, Our condensed consolidated financial statements may be impacted if an acquisition does not qualify as a business combination after ASU 2017-01
ASU 2017-05 Other Income [Member]
Recent Accounting Pronouncements	Nonfinancial Asset Derecognition. 2017-05, 2014-09) ASU 2017-05
Stock Compensation: Modification Accounting [Member]
Recent Accounting Pronouncements	Stock Compensation Modification. 2017-09, ASU 2017-09

Basis of Presentation and Sig25

Basis of Presentation and Significant Accounting Policies (Tables)	6 Months Ended
	Jun. 30, 2017
Accounting Policies [Abstract]
Summary of Supplemental Cash Flow Information	Supplemental Cash Flow Information Six months ended (in thousands) 2017 2016 Net cash paid for income taxes $ 7,115 $ 4,203 Cash paid for interest expense $ 2,011 $ 1,812 Acquisition of businesses Cash paid for businesses purchased, excluding contingent consideration $ 13,512 $ 21,242 Cash acquired in business acquisitions — (1,628 ) Net cash paid for businesses purchased, net of cash acquired $ 13,512 $ 19,614 Common stock issued in connection with Reggiani Macchine SpA (“Reggiani”) acquisition $ — $ 73 Non-cash Non-cash $ — $ 2,733 Property and equipment received, but not paid 843 880 $ 843 $ 3,613

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2017
Earnings Per Share [Abstract]
Basic and Diluted Earnings Per Share	Basic and diluted earnings per share during the three and six months ended June 30, 2017 and 2016 are reconciled as follows (in thousands, except per share amounts): Three months ended June 30, Six months ended June 30, 2017 2016 2017 2016 Basic net income per share: Net income available to common shareholders $ 2,759 $ 5,235 $ 7,546 $ 7,338 Weighted average common shares outstanding 46,429 46,943 46,490 47,079 Basic net income per share $ 0.06 $ 0.11 $ 0.16 $ 0.16 Dilutive net income per share: Net income available to common shareholders $ 2,759 $ 5,235 $ 7,546 $ 7,338 Weighted average common shares outstanding 46,429 46,943 46,490 47,079 Dilutive stock options and non-vested 721 887 709 851 Weighted average common shares outstanding for purposes of computing diluted net income per share 47,150 47,830 47,199 47,930 Dilutive net income per share $ 0.06 $ 0.11 $ 0.16 $ 0.15

Balance Sheet Details (Tables)

Balance Sheet Details (Tables)	6 Months Ended
	Jun. 30, 2017
Text Block [Abstract]
Schedule of Inventories	Inventories, net of allowances, as of June 30, 2017, and December 31, 2016, are as follows (in thousands): June 30, 2017 December 31, Raw materials $ 51,180 $ 45,798 Work in process 12,546 7,362 Finished goods 60,339 45,915 $ 124,065 $ 99,075
Schedule of Changes in Product Warranty Reserves	The changes in product warranty reserves during the six months ended June 30, 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 4,790 6,205 Settlements (6,254 ) (6,215 ) Balance at June 30, $ 18,223 $ 9,625
Schedule of Accumulated Other Comprehensive Income (Loss)	OCI classified within stockholders’ equity in our Condensed Consolidated Balance Sheets as of June 30, 2017, and December 31, 2016 is as follows (in thousands): June 30, December 31, Net unrealized investment losses $ (260 ) $ (473 ) Currency translation losses (5,920 ) (24,230 ) Net unrealized gains on cash flow hedges 13 9 Accumulated other comprehensive loss $ (6,167 ) $ (24,694 )

Acquisition (Tables)

Acquisition (Tables)	6 Months Ended
	Jun. 30, 2017
Business Combinations [Abstract]
Allocation of Purchase Price to Assets Acquired and Liabilities Assumed	The preliminary allocation of the purchase price to the assets acquired and liabilities assumed (in thousands) with respect to these acquisitions at their respective acquisition dates is summarized as follows: CRC FFPS Weighted average useful life Purchase Weighted average useful life Purchase Purchasing agreement — $ — 10 years $ 9,330 Take-or-pay — — 4 years $ 9,000 Customer relationships 9 years 3,580 — — Existing technology 4 years 540 2 years 2,570 Trade names 4 years 180 5 years 1,020 IPR&D — — less than one year 70 Backlog less than one year 4 — — Goodwill — 4,595 — 6,236 $ 8,899 28,226 Net tangible assets (liabilities) (1,299 ) (5,092 ) Total purchase price $ 7,600 $ 23,134

Investments and Fair Value Me29

Investments and Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2017
Text Block [Abstract]
Available-for-Sale Short-Term Investments	Our available-for-sale Amortized cost Gross unrealized gains Gross unrealized losses Fair value June 30, 2017 U.S. Government and sponsored entities $ 68,114 $ 6 $ (348 ) $ 67,772 Corporate debt securities 178,432 153 (269 ) 178,316 Municipal government 1,044 — — 1,044 Asset-backed securities 24,502 71 (18 ) 24,555 Mortgage-backed securities – residential 980 1 (2 ) 979 Total short-term investments $ 273,072 $ 231 $ (637 ) $ 272,666 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 June 30, 2017, and December 31, 2016 are as follows (in thousands): Less than 12 Months More than 12 Months TOTAL Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses June 30, 2017 U.S. Government and sponsored entities $ 58,640 $ (342 ) $ — $ — $ 58,640 $ (342 ) Corporate debt securities 98,931 (268 ) 6,013 (6 ) 104,944 (274 ) Asset-backed securities 11,234 (17 ) 1,537 (1 ) 12,771 (18 ) Mortgage-backed securities – residential 453 (3 ) 17 — 470 (3 ) Total $ 169,258 $ (630 ) $ 7,567 $ (7 ) $ 176,825 $ (637 ) 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 June 30, 2017, are summarized by maturity date as follows (in thousands): Amortized cost Fair value Mature in less than one year $ 75,373 $ 75,361 Mature in one to three years 197,699 197,305 Total short-term investments $ 273,072 $ 272,666
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 June 30, 2017, and December 31, 2016 in order of liquidity as follows (in thousands): Total Quoted Prices Significant Unobservable (Level 3) June 30, 2017 Assets: Money market funds $ 9,497 $ 9,497 $ — $ — U.S. Government and sponsored entities 67,772 41,813 25,959 — Corporate debt securities 178,316 — 178,316 — Municipal government 1,044 — 1,044 — Asset-backed securities 24,555 — 24,497 58 Mortgage-backed securities – residential 979 — 979 — $ 282,163 $ 51,310 $ 230,795 $ 58 Liabilities: Contingent consideration, current and noncurrent $ 61,414 $ — $ — $ 61,414 Self-insurance 1,060 — — 1,060 $ 62,474 $ — $ — $ 62,474 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 $ 1,776 Payments (1,294 ) Foreign currency adjustment 4,469 Fair value of contingent consideration at June 30, 2017 $ 61,414

Convertible Senior Notes ("No30

Convertible Senior Notes ("Notes"), Note Hedges, and Warrants (Tables)	6 Months Ended
	Jun. 30, 2017
Debt Disclosure [Abstract]
Schedule of Convertible Notes	The Notes consist of the following as of June 30, 2017, and December 31, 2016 (in thousands): June 30, December 31, Liability component $ 345,000 $ 345,000 Debt discount, net of amortization (29,695 ) (36,115 ) Debt issuance costs, net of amortization (3,702 ) (4,401 ) Net carrying amount $ 311,603 $ 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 and six months ended June 30, 2017 and 2016 was as follows (in thousands): Three months ended June 30, Six months ended June 30, 2017 2016 2017 2016 0.75% coupon $ 647 $ 647 $ 1,287 $ 1,287 Amortization of debt issuance costs 354 362 699 719 Amortization of debt discount 3,249 3,050 6,420 6,025 $ 4,250 $ 4,059 $ 8,406 $ 8,031

Income taxes (Tables)

Income taxes (Tables)	6 Months Ended
	Jun. 30, 2017
Income Tax Disclosure [Abstract]
Tax Provisions before Discrete Items Reconciled to Recorded Provisions for Income Taxes	Our tax provisions before discrete items is reconciled to our recorded provisions for income taxes during the three and six months ended June 30, 2017 and 2016 as follows (in millions): Three months ended June 30, Six months ended June 30, 2017 2016 2017 2016 Provision for income taxes before discrete items $ 1.5 $ 2.3 $ 2.6 $ 2.8 Interest related to unrecognized tax benefits 0.1 0.1 0.1 0.2 Reassessment of taxes upon filing tax returns 0.2 0.3 0.1 0.1 Excess tax benefit from stock compensation (0.8 ) (0.2 ) (2.3 ) (0.3 ) Benefit from reassessment of taxes upon foreign statutory tax rate change — — (0.5 ) — Provision for income taxes $ 1.0 $ 2.5 $ — $ 2.8

Segment Information and Geogr32

Segment Information and Geographic Data (Tables)	6 Months Ended
	Jun. 30, 2017
Segment Reporting [Abstract]
Summary of Operating Segment Profit (Gross Profit), Excluding Stock-Based Compensation Expense by Segment	Operating segment profit (i.e., gross profit), excluding stock-based compensation expense, during the three and six months ended June 30, 2017 and 2016 is summarized as follows (in thousands): Three Months Ended Six Months Ended June 30, June 30, 2017 2016 2017 2016 Industrial Inkjet Revenue $ 141,693 $ 140,124 $ 264,956 $ 265,922 Gross profit 52,511 49,044 101,580 91,494 Gross profit percentages 37.1 % 35.0 % 38.3 % 34.4 % Productivity Software Revenue $ 39,063 $ 36,351 $ 74,121 $ 68,891 Gross profit 29,168 27,226 54,764 50,919 Gross profit percentages 74.7 % 74.9 % 73.9 % 73.9 % Fiery Revenue $ 66,291 $ 69,175 $ 136,661 $ 144,970 Gross profit 46,238 49,311 95,937 102,577 Gross profit percentages 69.8 % 71.3 % 70.2 % 70.8 %
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 and six months ended June 30, 2017 and 2016 as follows (in thousands): Three Months Ended Six Months Ended June 30, June 30, 2017 2016 2017 2016 Segment gross profit $ 127,917 $ 125,581 $ 252,281 $ 244,990 Stock-based compensation expense (665 ) (534 ) (1,499 ) (1,231 ) Other items excluded from segment profit — — — (315 ) Gross profit $ 127,252 $ 125,047 $ 250,782 $ 243,444
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): June 30, 2017 Industrial Productivity Fiery Corporate Total Goodwill $ 148,109 $ 165,194 $ 69,948 $ — $ 383,251 Identified intangible assets, net 77,808 36,407 19,451 — 133,666 Tangible assets, net of liabilities 197,953 (42,464 ) 2,244 163,455 321,188 Net tangible and intangible assets $ 423,870 $ 159,137 $ 91,643 $ 163,455 $ 838,105 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 Six months ended 2017 2016 2017 2016 Americas $ 114,014 $ 115,459 $ 223,909 $ 235,725 Europe, Middle East and Africa (“EMEA”) 101,513 95,877 189,546 179,460 Asia Pacific (“APAC”) 31,520 34,314 62,283 64,598 Total revenue $ 247,047 $ 245,650 $ 475,738 $ 479,783

Restructuring and Other (Tables

Restructuring and Other (Tables)	6 Months Ended
	Jun. 30, 2017
Restructuring and Related Activities [Abstract]
Restructuring and Other Reserve Activities	Restructuring and other reserve activities during the six months ended June 30, 2017 and 2016 are summarized as follows (in thousands): 2017 2016 Reserve balance at January 1, $ 1,824 $ 3,019 Restructuring charges 3,502 2,375 Other charges 1,087 2,050 Non-cash (117 ) (403 ) Cash payments (2,926 ) (4,704 ) Reserve balance at June 30, $ 3,370 $ 2,337

Stock-based Compensation (Table

Stock-based Compensation (Tables)	6 Months Ended
	Jun. 30, 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 and six months ended June 30, 2017 and 2016 is summarized as follows (in thousands): Three months ended June 30, Six months ended June 30, 2017 2016 2017 2016 Stock-based compensation expense by type of award: RSUs $ 6,093 $ 6,389 $ 15,330 $ 17,077 ESPP 1,520 591 2,563 1,358 Employee stock options — 125 — (45 ) Total stock-based compensation 7,613 7,105 17,893 18,390 Income tax benefit (2,531 ) (1,563 ) (5,404 ) (4,246 ) Stock-based compensation expense, net of tax $ 5,082 $ 5,542 $ 12,489 $ 14,144
Schedule of ESPP Purchase Rights and Underlying Weighted Average Assumptions	Stock options were not granted during the three and six months ended June 30, 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 and six months ended June 30, 2017 and 2016 are as follows: ESPP Six months ended June 30, 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 June 30, 2017, and activity during the six months ended June 30, 2017 are summarized below (in thousands, except weighted average exercise price and remaining contractual term): Shares Weighted Weighted Aggregate Options outstanding at January 1, 2017 315 $ 13.86 Options exercised (127 ) 12.31 Options outstanding at June 30, 2017 188 $ 14.92 1.47 $ 6,102 Options vested and expected to vest at June 30, 2017 188 $ 14.92 1.47 $ 6,102 Options exercisable at June 30, 2017 188 $ 14.92 1.47 $ 6,102
Schedule of Non-Vested RSUs	Non-vested Time-based Performance-based Market-based Total Shares Weighted date fair value Shares Weighted Shares Weighted Shares Weighted Non-vested 795 $ 43.79 1,265 $ 42.64 23 $ 33.16 2,083 $ 43.34 Granted 120 45.98 371 46.93 — — 491 46.70 Vested (128 ) 43.43 (263 ) 40.67 — — (391 ) 41.58 Forfeited (35 ) 43.50 (403 ) 40.93 — — (438 ) 41.14 Non-vested 752 $ 44.22 970 $ 45.52 23 $ 33.16 1,745 $ 45.23
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 six months ended June 30, 2017 and 2016 are as follows: Performance-based RSUs Short-term Long-term Six months ended June 30, 2017 Grants Grant date fair value per share $ 47.23 $ 45.96 Service period (years) 1.0 2.0 - 3.0 Six months ended June 30, 2016 Grants Grant date fair value per share $ 39.59 $ 39.98 Service period (years) 1.0 2.0 -

Basis of Presentation and Sig35

Basis of Presentation and Significant Accounting Policies - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands	1 Months Ended	3 Months Ended		6 Months Ended
	Sep. 30, 2014	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Organization Basis Of Presentation And Summary Of Significant Accounting Policies [Line Items]
Revenue		$ 247,047	$ 245,650	$ 475,738	$ 479,783
Gross profit		127,252	125,047	250,782	243,444
Net income		$ 2,759	$ 5,235	$ 7,546	$ 7,338
Net income per diluted common share		$ 0.06	$ 0.11	$ 0.16	$ 0.15
Interest rate of debt, stated percentage		0.75%	0.75%	0.75%	0.75%
Out-of-Period Adjustment Related to Bill and Hold Transactions [Member]
Organization Basis Of Presentation And Summary Of Significant Accounting Policies [Line Items]
Revenue		$ (4,900)		$ (3,400)
Gross profit		(900)		(500)
Net income		$ (600)		$ (300)
Net income per diluted common share		$ (0.01)		$ (0.01)
ASU 2015-11 Inventory Valuation [Member]
Organization Basis Of Presentation And Summary Of Significant Accounting Policies [Line Items]
Increase in inventory valuation		$ 2,400		$ 2,400
0.75% Convertible Senior Notes Due 2019 [Member]
Organization Basis Of Presentation And Summary Of Significant Accounting Policies [Line Items]
Debt discount		$ 63,600		$ 63,600
Interest rate of debt, stated percentage	0.75%	0.75%		0.75%
Effective interest rate percentage		4.98%		4.98%
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%		5.46%

Basis of Presentation and Sig36

Basis of Presentation and Significant Accounting Policies - Summary of Supplemental Cash Flow Information (Detail) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Supplemental Cash Flow Elements [Abstract]
Net cash paid for income taxes	$ 7,115	$ 4,203
Cash paid for interest expense	2,011	1,812
Acquisition of businesses
Cash paid for businesses purchased, excluding contingent consideration	13,512	21,242
Cash acquired in business acquisitions	0	(1,628)
Net cash paid for businesses purchased, net of cash acquired	13,512	19,614
Common stock issued in connection with Reggiani Macchine SpA ("Reggiani") acquisition	0	73
Non-cash investing and financing activities:
Non-cash settlement of vacation liabilities by issuing restricted stock units ("RSUs")	0	2,733
Property and equipment received, but not paid	843	880
Total Non-cash investing and financing activities	$ 843	$ 3,613

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		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Basic net income per share:
Net income available to common shareholders	$ 2,759	$ 5,235	$ 7,546	$ 7,338
Weighted average common shares outstanding	46,429	46,943	46,490	47,079
Basic net income per share	$ 0.06	$ 0.11	$ 0.16	$ 0.16
Dilutive net income per share:
Net income available to common shareholders	$ 2,759	$ 5,235	$ 7,546	$ 7,338
Weighted average common shares outstanding	46,429	46,943	46,490	47,079
Dilutive stock options and non-vested restricted stock	721	887	709	851
Weighted average common shares outstanding for purposes of computing diluted net income per share	47,150	47,830	47,199	47,930
Dilutive net income per share	$ 0.06	$ 0.11	$ 0.16	$ 0.15

Earnings Per Share - Additional

Earnings Per Share - Additional Information (Detail) - shares	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
ESPP [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share, amount

Balance Sheet Details - Schedul

Balance Sheet Details - Schedule of Inventories (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Inventory Disclosure [Abstract]
Raw materials	$ 51,180	$ 45,798
Work in process	12,546	7,362
Finished goods	60,339	45,915
Inventory, net	$ 124,065	$ 99,075

Balance Sheet Details - Additio

Balance Sheet Details - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Balance Sheet Related Disclosures [Abstract]
Deferred cost of revenue	$ 3,000		$ 3,000		$ 3,400
Reclassified amounts out of OCI, net of tax	$ (17)	$ 96	$ (22)	$ 114

Balance Sheet Details - Sched41

Balance Sheet Details - Schedule of Changes in Product Warranty Reserves (Detail) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 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	4,790	6,205
Settlements	(6,254)	(6,215)
Ending Balance	$ 18,223	$ 9,625

Balance Sheet Details - Sched42

Balance Sheet Details - Schedule of Accumulated Other Comprehensive Income (Loss) (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Accumulated Other Comprehensive Income [Abstract]
Net unrealized investment losses	$ (260)	$ (473)
Currency translation losses	(5,920)	(24,230)
Net unrealized gains on cash flow hedges	13	9
Accumulated other comprehensive loss	$ (6,167)	$ (24,694)

Acquisition - Additional Inform

Acquisition - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Acquired Finite-Lived Intangible Assets [Line Items]
Business acquisition related costs	$ 500	$ 800	$ 1,200	$ 1,300
Businesses purchased, net of cash acquired			$ 13,512	$ 19,614
Fair value discount rate			4.98%
Minimum [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Probability-adjusted discount rate			13.00%
Maximum [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Probability-adjusted discount rate			18.00%
FreeFlow Print Server [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Total purchase price	$ 23,134		$ 23,134
Fair value discount rate			4.98%
Asset volatility rate			27.00%
FreeFlow Print Server [Member] | Fiery Operating Segment [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Acquisition date			Jan. 31, 2017
Businesses purchased, net of cash acquired			$ 24,000
Incremental borrowing rate	4.98%		4.98%
Total purchase price	$ 23,100		$ 23,100
FreeFlow Print Server [Member] | Fiery Operating Segment [Member] | Paid at Closing [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Businesses purchased, net of cash acquired			6,000
FreeFlow Print Server [Member] | Fiery Operating Segment [Member] | Paid in July 2017 [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Businesses purchased, net of cash acquired			9,000
FreeFlow Print Server [Member] | Fiery Operating Segment [Member] | Payable in July 2018 [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Businesses purchased, net of cash acquired			$ 9,000
FreeFlow Print Server [Member] | IPR&D [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Percent compete at acquisition date	63.00%		63.00%
Percent compete at quarter end	95.00%		95.00%
CRC [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Total purchase price	$ 7,600		$ 7,600
CRC [Member] | Productivity Software [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Acquisition date			May 8, 2017
Businesses purchased, net of cash acquired			$ 7,600

Acquisition - Allocation of Pur

Acquisition - Allocation of Purchase Price to Assets Acquired and Liabilities Assumed (Detail) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Acquired Finite-Lived Intangible Assets [Line Items]
Purchase Price Allocation, Goodwill	$ 383,251	$ 359,841
CRC [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Purchase Price Allocation, Goodwill	4,595
Purchase Price Allocation	8,899
Net tangible assets (liabilities)	(1,299)
Total purchase price	7,600
FreeFlow Print Server [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Purchase Price Allocation, Goodwill	6,236
Purchase Price Allocation	28,226
Net tangible assets (liabilities)	(5,092)
Total purchase price	$ 23,134
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	$ 9,330
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
Customer Relationships [Member] | CRC [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Weighted average useful life	9 years
Purchase Price Allocation, intangible assets	$ 3,580
Existing Technology [Member] | CRC [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Weighted average useful life	4 years
Purchase Price Allocation, intangible assets	$ 540
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 Names [Member] | CRC [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Weighted average useful life	4 years
Purchase Price Allocation, intangible assets	$ 180
Trade Names [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	less than one year
Purchase Price Allocation, intangible assets	$ 70
Backlog [Member] | CRC [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Weighted average useful life	less than one year
Purchase Price Allocation, intangible assets	$ 4

Investments and Fair Value Me45

Investments and Fair Value Measurements - Additional Information (Detail)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2017USD ($)$ / shares	Jun. 30, 2016USD ($)$ / shares	Jun. 30, 2017USD ($)Transactions$ / shares	Jun. 30, 2016USD ($)Transactions$ / shares	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)
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	$ (400,000)		$ (400,000)		$ (800,000)
Available-for-sale securities, net realized gains		$ 200,000		$ 200,000
Net Asset Value per share | $ / shares	$ 1		$ 1
Cash equivalents and short term investments	$ 282,163,000		$ 282,163,000		319,003,000
Transfers between Level 1 and 2 | Transactions			0	0
Fair value of liability	61,414,000		$ 61,414,000		56,463,000	$ 54,796,000
Fair value discount rate			4.98%
Contingent liabilities, current	38,000,000		$ 38,000,000
Contingent liabilities, noncurrent	23,400,000		23,400,000
Payments			1,294,000	$ 1,868,000	28,111,000
Change in fair value of contingent consideration			2,000,000
Change in fair value of contingent consideration resulting from a change in discount rate			$ 500,000
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	148,700,000		$ 148,700,000		161,800,000
Designated as Cash Flow Hedges [Member]
Investments And Fair Value Measurements [Line Items]
Notional amount of derivative assets and liabilities	$ 3,600,000		3,600,000		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 and CTI [Member]
Investments And Fair Value Measurements [Line Items]
Fair value of contingent consideration increase (decrease)			1,800,000
Rialco, Optitex, Reggiani, DirectSmile, and CTI [Member]
Investments And Fair Value Measurements [Line Items]
Fair value of contingent consideration increase (decrease)					6,800,000
All Acquisitions [Member]
Investments And Fair Value Measurements [Line Items]
Earnout interest accretion			$ 900,000		$ 2,700,000
Earnout Achievement Probability Minimum [Member]
Investments And Fair Value Measurements [Line Items]
Probability of achieving revenue	60.00%		60.00%		60.00%
Earnout Achievement Probability Maximum [Member]
Investments And Fair Value Measurements [Line Items]
Probability of achieving revenue	100.00%		100.00%		100.00%
Minimum [Member] | Monte Carlo Valuation Method [Member]
Investments And Fair Value Measurements [Line Items]
Fair value discount rate			0.60%		0.60%
Minimum [Member] | Earnout [Member] | Probability-Adjusted Method [Member]
Investments And Fair Value Measurements [Line Items]
Fair value discount rate			4.70%		4.70%
Maximum [Member] | Monte Carlo Valuation Method [Member]
Investments And Fair Value Measurements [Line Items]
Fair value discount rate			4.98%		4.98%
Maximum [Member] | Earnout [Member] | Probability-Adjusted Method [Member]
Investments And Fair Value Measurements [Line Items]
Fair value discount rate			6.00%		6.00%
Maximum Potential Payment [Member]
Investments And Fair Value Measurements [Line Items]
Payments			$ 10,100,000
Money Market Funds [Member]
Investments And Fair Value Measurements [Line Items]
Net Asset Value per share | $ / shares	$ 1	$ 1	$ 1	$ 1
Cash equivalents and short term investments	$ 9,497,000		$ 9,497,000		$ 23,575,000

Investments and Fair Value Me46

Investments and Fair Value Measurements - Available-for-Sale Short-Term Investments (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Schedule of Available-for-sale Securities [Line Items]
Amortized cost	$ 273,072	$ 296,185
Gross unrealized gains	231	233
Gross unrealized losses	(637)	(990)
Fair value	272,666	295,428
U.S. Government and Sponsored Entities [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized cost	68,114	70,893
Gross unrealized gains	6	49
Gross unrealized losses	(348)	(348)
Fair value	67,772	70,594
Corporate Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized cost	178,432	198,166
Gross unrealized gains	153	102
Gross unrealized losses	(269)	(621)
Fair value	178,316	197,647
Municipal Government [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized cost	1,044	1,278
Gross unrealized losses		(1)
Fair value	1,044	1,277
Asset-Backed Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized cost	24,502	24,233
Gross unrealized gains	71	79
Gross unrealized losses	(18)	(17)
Fair value	24,555	24,295
Mortgage-Backed Securities - Residential [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized cost	980	1,615
Gross unrealized gains	1	3
Gross unrealized losses	(2)	(3)
Fair value	$ 979	$ 1,615

Investments and Fair Value Me47

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	Jun. 30, 2017	Dec. 31, 2016
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Fair Value	$ 169,258	$ 179,428
Less than 12 Months, Unrealized Losses	(630)	(938)
More than 12 Months, Fair Value	7,567	17,922
More than 12 Months, Unrealized Losses	(7)	(52)
Total, Fair Value	176,825	197,350
Total, Unrealized Losses	(637)	(990)
U.S. Government and Sponsored Entities [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Fair Value	58,640	39,810
Less than 12 Months, Unrealized Losses	(342)	(348)
Total, Fair Value	58,640	39,810
Total, Unrealized Losses	(342)	(348)
Corporate Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Fair Value	98,931	133,382
Less than 12 Months, Unrealized Losses	(268)	(581)
More than 12 Months, Fair Value	6,013	13,158
More than 12 Months, Unrealized Losses	(6)	(40)
Total, Fair Value	104,944	146,540
Total, Unrealized Losses	(274)	(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	11,234	4,540
Less than 12 Months, Unrealized Losses	(17)	(7)
More than 12 Months, Fair Value	1,537	4,611
More than 12 Months, Unrealized Losses	(1)	(10)
Total, Fair Value	12,771	9,151
Total, Unrealized Losses	(18)	(17)
Mortgage-Backed Securities - Residential [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Fair Value	453	428
Less than 12 Months, Unrealized Losses	(3)	(1)
More than 12 Months, Fair Value	17	153
More than 12 Months, Unrealized Losses		(2)
Total, Fair Value	470	581
Total, Unrealized Losses	$ (3)	$ (3)

Investments and Fair Value Me48

Investments and Fair Value Measurements - Amortized Cost and Estimated Fair Value of Investments (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Amortized Cost and Fair Value Debt Securities [Abstract]
Mature in less than one year, Amortized cost	$ 75,373
Mature in one to three years, Amortized cost	197,699
Amortized cost	273,072	$ 296,185
Mature in less than one year, Fair value	75,361
Mature in one to three years, Fair value	197,305
Total short-term investments, Fair value	$ 272,666	$ 295,428

Investments and Fair Value Me49

Investments and Fair Value Measurements - Investments in Accordance with Fair Value Hierarchy (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016	Dec. 31, 2015
Investments And Fair Value Measurements [Line Items]
Total Investments	$ 282,163	$ 319,003
Contingent consideration, current and noncurrent	61,414	56,463	$ 54,796
Self-insurance	1,060	1,542
Liabilities	62,474	58,005
Money Market Funds [Member]
Investments And Fair Value Measurements [Line Items]
Total Investments	9,497	23,575
U.S. Government and Sponsored Entities [Member]
Investments And Fair Value Measurements [Line Items]
Total Investments	67,772	70,594
Corporate Debt Securities [Member]
Investments And Fair Value Measurements [Line Items]
Total Investments	178,316	197,647
Municipal Government [Member]
Investments And Fair Value Measurements [Line Items]
Total Investments	1,044	1,277
Asset-Backed Securities [Member]
Investments And Fair Value Measurements [Line Items]
Total Investments	24,555	24,295
Mortgage-Backed Securities - Residential [Member]
Investments And Fair Value Measurements [Line Items]
Total Investments	979	1,615
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Investments And Fair Value Measurements [Line Items]
Total Investments	51,310	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	9,497	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	41,813	51,870
Significant Other Observable Inputs (Level 2) [Member]
Investments And Fair Value Measurements [Line Items]
Total Investments	230,795	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	25,959	18,724
Significant Other Observable Inputs (Level 2) [Member] | Corporate Debt Securities [Member]
Investments And Fair Value Measurements [Line Items]
Total Investments	178,316	197,647
Significant Other Observable Inputs (Level 2) [Member] | Municipal Government [Member]
Investments And Fair Value Measurements [Line Items]
Total Investments	1,044	1,277
Significant Other Observable Inputs (Level 2) [Member] | Asset-Backed Securities [Member]
Investments And Fair Value Measurements [Line Items]
Total Investments	24,497	24,228
Significant Other Observable Inputs (Level 2) [Member] | Mortgage-Backed Securities - Residential [Member]
Investments And Fair Value Measurements [Line Items]
Total Investments	979	1,615
Unobservable Inputs (Level 3) [Member]
Investments And Fair Value Measurements [Line Items]
Total Investments	58	67
Contingent consideration, current and noncurrent	61,414	56,463
Self-insurance	1,060	1,542
Liabilities	62,474	58,005
Unobservable Inputs (Level 3) [Member] | Asset-Backed Securities [Member]
Investments And Fair Value Measurements [Line Items]
Total Investments	$ 58	$ 67

Investments and Fair Value Me50

Investments and Fair Value Measurements - Summary of Changes in Fair Value Contingent Consideration (Detail) - USD ($) $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016	Dec. 31, 2015
Business Acquisition, Contingent Consideration [Line Items]
Changes in valuation	$ 1,776		$ 6,813
Payments	(1,294)	$ (1,868)	(28,111)
Foreign currency adjustment	4,469		(1,444)
Fair value of contingent consideration	$ 61,414		56,463	$ 54,796
Rialco Limited [Member]
Business Acquisition, Contingent Consideration [Line Items]
Fair value of contingent consideration			$ 2,109
Date of acquisition agreement			Mar. 1, 2016
Optitex Ltd [Member]
Business Acquisition, Contingent Consideration [Line Items]
Fair value of contingent consideration			$ 22,300
Date of acquisition agreement			Jun. 16, 2016

Investments and Fair Value Me51

Investments and Fair Value Measurements - Additional Information1 (Detail) - USD ($) $ in Millions	Jun. 30, 2017	Sep. 30, 2014
Amortized Cost and Fair Value Debt Securities [Abstract]
Aggregate principal amount of debt issued		$ 345
Fair value of notes issued	$ 373

Convertible Senior Notes, Note

Convertible Senior Notes, Note Hedges, and Warrants - Additional Information (Detail) - USD ($)	1 Months Ended	6 Months Ended
	Sep. 30, 2014	Jun. 30, 2017	Dec. 31, 2016	Jun. 30, 2016
Debt Instrument [Line Items]
Interest rate of debt, stated percentage		0.75%		0.75%
Net carrying amount		$ 311,603,000	$ 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		311,603,000	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		$ 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		$ 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, Not53

Convertible Senior Notes, Note Hedges, and Warrants - Schedule of Convertible Notes (Detail) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Debt Instrument [Line Items]
Net carrying amount	$ 311,603	$ 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	(29,695)	(36,115)
Debt issuance costs, net of amortization	(3,702)	(4,401)
Net carrying amount	311,603	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, Not54

Convertible Senior Notes, Note Hedges, and Warrants - Summary of Interest Expense Recognized Related to Notes (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Debt Disclosure [Abstract]
0.75% coupon	$ 647	$ 647	$ 1,287	$ 1,287
Amortization of debt issuance costs	354	362	699	719
Amortization of debt discount	3,249	3,050	6,420	6,025
Interest expense recognized related to notes	$ 4,250	$ 4,059	$ 8,406	$ 8,031

Convertible Senior Notes, Not55

Convertible Senior Notes, Note Hedges, and Warrants - Summary of Interest Expense Recognized Related to Notes (Parenthetical) (Detail)	Jun. 30, 2017	Jun. 30, 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		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Provisions for income taxes	$ 1,021	$ 2,519	$ 4	$ 2,806
Pretax net income on tax provisions	3,780	7,754	7,550	10,144
Provisions for income taxes before discrete items	1,500	$ 2,300	$ 2,600	$ 2,800
U.S. statutory income tax rate			35.00%
Unrecognized tax benefits that would affect the effective tax rate if recognized	32,600		$ 32,600		$ 32,000
Gross unrecognized tax benefits decrease in next 12 months	3,500		3,500
Offset to deferred tax assets for unrecognized tax benefits			20,600
Estimated unrecognized tax benefits	12,016		12,016		12,030
Accrued interest and penalties related to unrecognized tax benefits	$ 600		$ 600		$ 500

Income Taxes - Tax Provisions b

Income Taxes - Tax Provisions before Discrete Items Reconciled to Recorded Provisions for Income Taxes (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Income Tax Disclosure [Abstract]
Provision for income taxes before discrete items	$ 1,500	$ 2,300	$ 2,600	$ 2,800
Interest related to unrecognized tax benefits	100	100	100	200
Reassessment of taxes upon filing tax returns	200	300	100	100
Excess tax benefit from stock compensation	(800)	(200)	(2,300)	(300)
Benefit from reassessment of taxes upon foreign statutory tax rate change			(500)
Provision for income taxes	$ 1,021	$ 2,519	$ 4	$ 2,806

Income Taxes - Open Tax Years -

Income Taxes - Open Tax Years - Additional Information (Detail)	6 Months Ended
	Jun. 30, 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)	Jun. 30, 2017USD ($)	Aug. 26, 2016USD ($)ft²aRenewal_Options	Jun. 30, 2017USD ($)	Dec. 31, 2016USD ($)ft²a
Commitments And Contingencies [Line Items]
Assets held for sale				$ 3,781,000
Cost of manufacturing and warehouse facility under construction	$ 105,853,000		$ 105,853,000	103,304,000
Net unrealized gains (losses) on sale of securities included in other comprehensive income	(400,000)		(400,000)	(800,000)
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
Sales Leaseback [Member]
Commitments And Contingencies [Line Items]
Assets held for sale				$ 3,800,000
Assets Held-for-Sale [Member]
Commitments And Contingencies [Line Items]
Acres of land | a				5.6
Area of real estate property | ft²				43,682
Net book value of facility				$ 2,900,000
Land				$ 900,000
Off Balance Sheet Financing - Synthetic Lease Arrangements [Member]
Commitments And Contingencies [Line Items]
Net unrealized gains (losses) on sale of securities included in other comprehensive income
Off Balance Sheet Financing - Synthetic Lease Arrangements [Member] | City of Manchester [Member] | Land Lease [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]
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] | Building Lease [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 six-year 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
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	$ 5,300,000		$ 5,300,000
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	$ 15,100,000		$ 15,100,000
Off Balance Sheet Financing - Synthetic Lease Arrangements [Member] | Bank of Tokyo - Mitsubishi UFJ Leasing & Finance LLC [Member] | Industrial Inkjet [Member] | Building Lease [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		6 Months Ended
		Jun. 30, 2017USD ($)	Jun. 30, 2016USD ($)	Jun. 30, 2017USD ($)Segment	Jun. 30, 2016USD ($)
Segment Reporting Information [Line Items]
Number of operating segments | Segment				3
Gross profit charged to cost of revenue	[1]	$ 119,795	$ 120,603	$ 224,956	$ 236,339
Fiery [Member]
Segment Reporting Information [Line Items]
Gross profit charged to cost of revenue		$ 200		$ 1,200
Gross profit percentages		69.80%	71.30%	70.20%	70.80%
[1]	Includes stock-based compensation expense as follows: 2017 2016 2017 2016 Cost of revenue $ 665 $ 534 $ 1,499 $ 1,231 Research and development 2,346 1,886 5,916 4,926 Sales and marketing 1,773 1,550 4,068 3,899 General and administrative 2,829 3,135 6,410 8,334

Segment Information, Geograph61

Segment Information, Geographic Regions, and Major Customers - Summary of Operating Segment Profit (Gross Profit), Excluding Stock-Based Compensation Expense by Segment (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Segment Reporting Information [Line Items]
Revenue	$ 247,047	$ 245,650	$ 475,738	$ 479,783
Industrial Inkjet [Member]
Segment Reporting Information [Line Items]
Revenue	141,693	140,124	264,956	265,922
Gross profit	$ 52,511	$ 49,044	$ 101,580	$ 91,494
Gross profit percentages	37.10%	35.00%	38.30%	34.40%
Productivity Software [Member]
Segment Reporting Information [Line Items]
Revenue	$ 39,063	$ 36,351	$ 74,121	$ 68,891
Gross profit	$ 29,168	$ 27,226	$ 54,764	$ 50,919
Gross profit percentages	74.70%	74.90%	73.90%	73.90%
Fiery [Member]
Segment Reporting Information [Line Items]
Revenue	$ 66,291	$ 69,175	$ 136,661	$ 144,970
Gross profit	$ 46,238	$ 49,311	$ 95,937	$ 102,577
Gross profit percentages	69.80%	71.30%	70.20%	70.80%

Segment Information, Geograph62

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		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Segment Reporting Information [Line Items]
Stock-based compensation expense	$ (7,613)	$ (7,105)	$ (17,893)	$ (18,390)
Gross profit	127,252	125,047	250,782	243,444
Cost of Revenue [Member]
Segment Reporting Information [Line Items]
Stock-based compensation expense	(665)	(534)	(1,499)	(1,231)
Material Reconciling Items [Member]
Segment Reporting Information [Line Items]
Other items excluded from segment profit				(315)
Gross profit	127,252	125,047	250,782	243,444
Material Reconciling Items [Member] | Segment Profit [Member]
Segment Reporting Information [Line Items]
Segment gross profit	127,917	125,581	252,281	244,990
Material Reconciling Items [Member] | Cost of Revenue [Member]
Segment Reporting Information [Line Items]
Stock-based compensation expense	$ (665)	$ (534)	$ (1,499)	$ (1,231)

Segment Information, Geograph63

Segment Information, Geographic Regions, and Major Customers - Tangible and Intangible Assets, Net of Liabilities, Summarized by Operating Segment (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Segment Reporting Information [Line Items]
Goodwill	$ 383,251	$ 359,841
Identified intangible assets, net	133,666	122,997
Tangible assets, net of liabilities	321,188	344,994
Total stockholders' equity	838,105	827,832
Operating Segment [Member] | Industrial Inkjet [Member]
Segment Reporting Information [Line Items]
Goodwill	148,109	141,068
Identified intangible assets, net	77,808	84,465
Tangible assets, net of liabilities	197,953	156,202
Total stockholders' equity	423,870	381,735
Operating Segment [Member] | Productivity Software [Member]
Segment Reporting Information [Line Items]
Goodwill	165,194	155,475
Identified intangible assets, net	36,407	38,440
Tangible assets, net of liabilities	(42,464)	(27,689)
Total stockholders' equity	159,137	166,226
Operating Segment [Member] | Fiery [Member]
Segment Reporting Information [Line Items]
Goodwill	69,948	63,298
Identified intangible assets, net	19,451	92
Tangible assets, net of liabilities	2,244	33,325
Total stockholders' equity	91,643	96,715
Corporate and Unallocated Net Assets [Member]
Segment Reporting Information [Line Items]
Tangible assets, net of liabilities	163,455	183,156
Total stockholders' equity	$ 163,455	$ 183,156

Segment Information, Geograph64

Segment Information, Geographic Regions, and Major Customers - Revenue by Ship-to Destination (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Segment Reporting Information [Line Items]
Total revenue	$ 247,047	$ 245,650	$ 475,738	$ 479,783
Americas [Member]
Segment Reporting Information [Line Items]
Total revenue	114,014	115,459	223,909	235,725
Europe, Middle East, and Africa ("EMEA") [Member]
Segment Reporting Information [Line Items]
Total revenue	101,513	95,877	189,546	179,460
Asia Pacific ("APAC") [Member]
Segment Reporting Information [Line Items]
Total revenue	$ 31,520	$ 34,314	$ 62,283	$ 64,598

Derivatives and Hedging - Addit

Derivatives and Hedging - Additional Information (Detail) - USD ($)	Jun. 30, 2017	Dec. 31, 2016
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional amount of derivative assets and liabilities	$ 148,700,000	$ 161,800,000
Designated as Cash Flow Hedges [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional amount of derivative assets and liabilities	3,600,000	3,200,000
Brazilian Real, Israeli Shekel, Japanese Yen and Eurodenominated Member] | Not Designated for Hedge Accounting Treatment [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional amount of derivative assets and liabilities	59,100,000	90,700,000
Brazilian Real, British Pound Sterling, Australian Dollar, Canadian Dollar, Israeli Shekel and Eurodenominated 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	50,500,000	39,800,000
British Pounds Sterling, Indian Rupee, Israeli Shekel, and Euro-Denominated Other Net Monetary Assets [Member] | Not Designated for Hedge Accounting Treatment [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional amount of derivative assets and liabilities	35,500,000	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	3,600,000	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	$ 145,100,000	$ 158,700,000

Restructuring and Other - Addit

Restructuring and Other - Additional Information (Detail) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017USD ($)Employees	Jun. 30, 2016USD ($)Employees	Jun. 30, 2017USD ($)Employees	Jun. 30, 2016USD ($)Employees
Reorganizations [Abstract]
Restructuring and other costs	$ 3,671	$ 1,710	$ 4,589	$ 4,425
Severance charges	$ 3,100	$ 1,000	$ 3,500	$ 3,100
Number of head count reductions | Employees	95	27	113	98
Facilities relocation and downsizing expenses			$ 200	$ 500
Integration expenses	$ 400	$ 700	$ 800	$ 900

Restructuring and Other - Restr

Restructuring and Other - Restructuring and Other Reserve Activities (Detail) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Restructuring and Related Activities [Abstract]
Reserve balance at January 1	$ 1,824	$ 3,019
Restructuring charges	3,502	2,375
Other charges	1,087	2,050
Non-cash restructuring and other	(117)	(403)
Cash payments	(2,926)	(4,704)
Reserve balance at June 30	$ 3,370	$ 2,337

Stock-based Compensation - Sche

Stock-based Compensation - Schedule of Stock-Based Compensation Expense (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense	$ 7,613	$ 7,105	$ 17,893	$ 18,390
Income tax benefit	(2,531)	(1,563)	(5,404)	(4,246)
Stock-based compensation expense, net of tax	5,082	5,542	12,489	14,144
RSUs [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense	6,093	6,389	15,330	17,077
ESPP [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense	$ 1,520	591	$ 2,563	1,358
Employee Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense (benefit)		$ 125		$ (45)

Stock-based Compensation - Valu

Stock-based Compensation - Valuation Assumptions for Stock Options and ESPP Purchase - Additional Information (Detail) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Options granted	0	0	0	0

Stock-based Compensation - Sc70

Stock-based Compensation - Schedule of ESPP Purchase Rights and Underlying Weighted Average Assumptions (Detail) - ESPP [Member] - $ / shares	6 Months Ended
	Jun. 30, 2017	Jun. 30, 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 - Sc71

Stock-based Compensation - Schedule of Stock Options Outstanding and Exercisable (Detail) $ / shares in Units, shares in Thousands, $ in Thousands	6 Months Ended
	Jun. 30, 2017USD ($)$ / sharesshares
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Shares, Options outstanding, beginning balance | shares	315
Shares outstanding, Options exercised | shares	(127)
Shares, Options outstanding, ending balance | shares	188
Shares outstanding, Options vested and expected to vest, ending balance | shares	188
Shares outstanding, Options exercisable, ending balance | shares	188
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	14.92
Weighted average exercise price, Options vested and expected to vest, ending balance | $ / shares	14.92
Weighted average exercise price, Options exercisable, ending balance | $ / shares	$ 14.92
Weighted average remaining contractual term (years), Options outstanding	1 year 5 months 20 days
Weighted average remaining contractual term (years), Options vested and expected to vest	1 year 5 months 20 days
Weighted average remaining contractual term (years), Options exercisable	1 year 5 months 20 days
Aggregate intrinsic value, Options outstanding | $	$ 6,102
Aggregate intrinsic value, Options vested and expected to vest | $	6,102
Aggregate intrinsic value, Options exercisable | $	$ 6,102

Stock-based Compensation - Sc72

Stock-based Compensation - Schedule of Non-Vested RSUs (Detail) shares in Thousands	6 Months Ended
	Jun. 30, 2017$ / sharesshares
Nonvested Restricted Stock Units Activity [Line Items]
Non-vested, beginning balance | shares	2,083
Shares, Granted | shares	491
Shares, Vested | shares	(391)
Shares, Forfeited | shares	(438)
Non-vested, ending balance | shares	1,745
Weighted average grant date fair value, Non-vested, beginning balance | $ / shares	$ 43.34
Weighted average grant date fair value, Granted | $ / shares	46.70
Weighted average grant date fair value, Vested | $ / shares	41.58
Weighted average grant date fair value, Forfeited | $ / shares	41.14
Weighted average grant date fair value, Non-vested, ending balance | $ / shares	$ 45.23
Time-based RSUs [Member]
Nonvested Restricted Stock Units Activity [Line Items]
Non-vested, beginning balance | shares	795
Shares, Granted | shares	120
Shares, Vested | shares	(128)
Shares, Forfeited | shares	(35)
Non-vested, ending balance | shares	752
Weighted average grant date fair value, Non-vested, beginning balance | $ / shares	$ 43.79
Weighted average grant date fair value, Granted | $ / shares	45.98
Weighted average grant date fair value, Vested | $ / shares	43.43
Weighted average grant date fair value, Forfeited | $ / shares	43.50
Weighted average grant date fair value, Non-vested, ending balance | $ / shares	$ 44.22
Performance-based RSUs [Member]
Nonvested Restricted Stock Units Activity [Line Items]
Non-vested, beginning balance | shares	1,265
Shares, Granted | shares	371
Shares, Vested | shares	(263)
Shares, Forfeited | shares	(403)
Non-vested, ending balance | shares	970
Weighted average grant date fair value, Non-vested, beginning balance | $ / shares	$ 42.64
Weighted average grant date fair value, Granted | $ / shares	46.93
Weighted average grant date fair value, Vested | $ / shares	40.67
Weighted average grant date fair value, Forfeited | $ / shares	40.93
Weighted average grant date fair value, Non-vested, ending balance | $ / shares	$ 45.52
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 - Vest

Stock-based Compensation - Vested RSUs - Additional Information (Detail) - RSUs [Member] $ in Millions	6 Months Ended
	Jun. 30, 2017USD ($)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fair value of RSUs vested during the year	$ 16.3
Aggregate intrinsic value of RSUs vested and expected to vest	$ 55
Weighted average period of recognition of unrecognized compensation cost	2 years 5 months 1 day

Stock-based Compensation - Perf

Stock-based Compensation - Performance-based and Market-based RSUs and Stock Options - Additional Information (Detail) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options granted	0	0	0	0
Performance-based Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options granted			0	0
Market-based RSUs [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options granted			0	0
Market-based Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options granted			0	0

Stock-based Compensation - Sc75

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	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grant date fair value per share	$ 46.70
Performance-based RSUs [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grant date fair value per share	46.93
Performance-based RSUs [Member] | Short Term [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grant date fair value per share	$ 47.23	$ 39.59
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	$ 45.96	$ 39.98
Service period, lower range (years)	2 years	2 years
Service period, upper range (years)	3 years	3 years

Stock-based Compensation - 2017

Stock-based Compensation - 2017 Equity Incentive Plan - Additional Information (Detail)	3 Months Ended	6 Months Ended
	Jun. 30, 2017shares	Jun. 30, 2017shares
2017 Equity Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares approved for issuance	1,200,000	1,200,000
2009 Equity Incentive Award Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock shares available for future grants	1,593,660	1,593,660
Additional grants made	0	0

Common Stock Repurchase Progr77

Common Stock Repurchase Programs - Additional Information (Detail) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 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			700,000	1,000,000
Aggregate purchase price			$ 34,500,000	$ 39,700,000
Common stock repurchase authorization expiration date			Dec. 31, 2018
Net Share Settlement [Member]
Stock Repurchase Program [Line Items]
Value of shares surrendered to satisfy tax withholding obligations	$ 1,900,000	$ 1,100,000	$ 6,800,000	$ 4,200,000
Net Share Settlement [Member] | Maximum [Member]
Stock Repurchase Program [Line Items]
Aggregate shares repurchased	100,000	100,000	100,000	100,000

Accounts Receivable - Additiona

Accounts Receivable - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2017	Dec. 31, 2016
Financing Receivables And Receivables Sold [Line Items]
Financing receivables	$ 31.5	$ 31.5	$ 31
United States and Italy [Member]
Financing Receivables And Receivables Sold [Line Items]
Trade receivables sold with recourse	5.2	9.4	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	19	17.8
Trade Receivables with Original Maturities in Excess of One Year [Member]
Financing Receivables And Receivables Sold [Line Items]
Financing receivables	12.5	12.5	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	$ 5.5	$ 5.5	$ 7.1

Subsequent Events - Additional

Subsequent Events - Additional Information (Detail) - Subsequent Event [Member] - Generation Digital Solutions, Inc. [Member] $ in Millions	Aug. 14, 2017USD ($)
Subsequent Event [Line Items]
Cash consideration	$ 3.3
Potential future cash earnout	$ 4.6