Electronics For Imaging (EFII) 10-Q 6 Aug 18 2018 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2018	Jul. 30, 2018
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2018
Document Fiscal Year Focus	2,018
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		44,375,342

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (unaudited) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Current assets:
Cash and cash equivalents	$ 179,507	$ 170,345
Short-term investments	134,006	148,697
Accounts receivable, net of allowances of $30.4 million and $32.2 million, respectively	243,400	244,416
Inventories	118,115	125,813
Income taxes receivable	8,952	4,565
Assets held for sale	4,200	4,200
Other current assets	57,814	41,799
Total current assets	745,994	739,835
Property and equipment, net	95,981	98,762
Restricted cash equivalents	39,809	32,531
Goodwill	395,421	403,278
Intangible assets, net	97,536	123,008
Deferred tax assets	44,384	45,083
Other assets	29,885	15,504
Total assets	1,449,010	1,458,001
Current liabilities:
Accounts payable	128,039	123,935
Accrued and other liabilities	91,026	98,090
Deferred revenue	66,581	55,833
Income taxes payable	6,501	5,309
Total current liabilities	292,147	283,167
Convertible senior notes, net	326,512	318,957
Imputed financing obligation related to build-to-suit lease	13,880	13,944
Noncurrent contingent and other liabilities	20,185	28,801
Deferred tax liabilities	8,220	11,652
Noncurrent income taxes payable	20,710	20,169
Total liabilities	681,654	676,690
Commitments and contingencies (Note 10)
Stockholders’ equity:
Preferred stock, $0.01 par value; 5,000 shares authorized; none issued and outstanding	0	0
Common stock, $0.01 par value; 150,000 shares authorized; 54,577 and 54,249 shares issued, respectively	546	542
Additional paid-in capital	769,223	745,661
Treasury stock, at cost; 10,056 and 9,070 shares, respectively	(404,603)	(375,574)
Accumulated other comprehensive income (loss)	(5,202)	8,138
Retained earnings	407,392	402,544
Total stockholders’ equity	767,356	781,311
Total liabilities and stockholders’ equity	$ 1,449,010	$ 1,458,001

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
Statement of Financial Position [Abstract]
Accounts receivable, allowances	$ 30.4	$ 32.2
Preferred stock, par value (in USD per share)	$ 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 (in USD per share)	$ 0.01	$ 0.01
Common stock, shares authorized	150,000,000	150,000,000
Common stock, shares issued	54,577,000	54,249,000
Treasury stock, shares	10,056,000	9,070,000

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (unaudited) - USD ($) shares in Thousands, $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Income Statement [Abstract]
Revenue		$ 261,072	$ 247,047	$ 500,938	$ 475,738
Cost of revenue	[1]	132,484	119,795	253,243	224,956
Gross profit		128,588	127,252	247,695	250,782
Operating expenses:
Research and development	[1]	41,081	38,989	79,360	78,616
Sales and marketing	[1]	46,107	43,714	92,787	86,749
General and administrative	[1]	13,206	21,135	32,627	42,164
Amortization of identified intangibles		11,526	11,752	23,664	22,530
Restructuring and other		3,024	3,671	7,678	4,589
Total operating expenses		114,944	119,261	236,116	234,648
Income from operations		13,644	7,991	11,579	16,134
Interest expense		(4,989)	(4,966)	(9,943)	(9,626)
Interest income and other income (expense), net		(355)	755	934	1,042
Income before income taxes		8,300	3,780	2,570	7,550
Provision for income taxes		(4,532)	(1,021)	(2,397)	(4)
Net income		$ 3,768	$ 2,759	$ 173	$ 7,546
Net income per basic common share (in usd per share)		$ 0.08	$ 0.06	$ 0	$ 0.16
Net income per diluted common share (in usd per share)		$ 0.08	$ 0.06	$ 0	$ 0.16
Shares used in basic per-share calculation (in shares)		44,691	46,429	44,860	46,490
Shares used in diluted per-share calculation (in shares)		45,439	47,150	45,461	47,199
[1]	Includes stock-based compensation expense as follows: Three Months EndedJune 30, Six Months Ended June 30, 2018 2017 2018 2017Cost of revenue$1,043 $665 $1,811 $1,499Research and development3,513 2,346 5,868 5,916Sales and marketing2,591 1,773 4,390 4,068General and administrative4,638 2,829 6,486 6,410

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Operations (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Stock-based compensation expense	$ 11,786	$ 7,613	$ 18,555	$ 17,893
Cost of revenue
Stock-based compensation expense	1,043	665	1,811	1,499
Research and development
Stock-based compensation expense	3,513	2,346	5,868	5,916
Sales and marketing
Stock-based compensation expense	2,591	1,773	4,390	4,068
General and administrative
Stock-based compensation expense	$ 4,638	$ 2,829	$ 6,486	$ 6,410

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Comprehensive Income (Loss) (unaudited) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Statement of Comprehensive Income [Abstract]
Net income		$ 3,768	$ 2,759	$ 173	$ 7,546
Net unrealized investment gains (losses):
Unrealized holding gains (losses), net of tax	[1]	112	99	(436)	235
Reclassification adjustments included in net income (loss), net of tax	[1]	9	(17)	11	(22)
Net unrealized investment gains (losses)		121	82	(425)	213
Currency translation adjustments		(18,535)	12,136	(12,875)	18,310
Net unrealized gains (losses) on cash flow hedges		0	(51)	41	4
Comprehensive income		$ (14,646)	$ 14,926	$ (13,086)	$ 26,073
[1]	Tax effects were less than $0.1 million for the periods presented above.

Condensed Consolidated Stateme7

Condensed Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Statement of Comprehensive Income [Abstract]
Reclassification adjustments included in net income (loss), tax provisions (benefits), less than	$ 0.1	$ 0.1	$ 0.1	$ 0.1
Unrealized holding gains (losses), tax provisions (benefits), less than	$ 0.1	$ 0.1	$ 0.1	$ 0.1

Condensed Consolidated Stateme8

Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($) $ in Thousands		6 Months Ended
		Jun. 30, 2018	Jun. 30, 2017
Cash flows from operating activities:
Net income		$ 173	$ 7,546
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization		33,830	30,911
Deferred taxes		(3,209)	(1,571)
Provisions and releases for bad debt and sales-related allowances		703	6,401
Provision for inventory obsolescence		2,928	1,465
Stock-based compensation expense		18,555	17,893
Non-cash accretion of interest expense on convertible notes and imputed financing obligation		7,677	7,459
Change in fair value of contingent consideration		(12,775)	899
Net change in derivative assets and liabilities		(7,100)	1,012
Other non-cash charges and gains		256	979
Changes in operating assets and liabilities, net of effect of acquired businesses		(3,807)	(33,984)
Net cash provided by operating activities		37,231	39,010
Cash flows from investing activities:
Purchases of short-term investments		0	(62,431)
Proceeds from sales and maturities of short-term investments		14,042	85,306
Purchases of restricted investments	[1]	0	(10,011)
Purchases, net of proceeds from sales, of property and equipment		(6,435)	(5,711)
Businesses purchased, net of cash acquired		(252)	(13,512)
Net cash provided by (used for) investing activities	[1]	7,355	(6,359)
Cash flows from financing activities:
Proceeds from issuance of common stock		5,010	6,643
Purchases of treasury stock and net share settlements		(29,028)	(41,326)
Repayment of debt assumed through business acquisitions		(1,618)	(1,489)
Contingent consideration payments related to businesses acquired		(698)	(1,294)
Net cash used for financing activities		(26,334)	(37,466)
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash equivalents		(1,812)	3,259
Increase (decrease) in cash, cash equivalents, and restricted cash equivalents		16,440	(1,556)
Cash, cash equivalents, and restricted cash equivalents at beginning of period	[1]	202,876	165,455
Cash, cash equivalents, and restricted cash equivalents at end of period	[1]	$ 219,316	$ 163,899
[1]	Certain prior period amounts have been revised due to the implementation of ASU 2016-18. See Note 1 for details.

Basis of Presentation and Signi

Basis of Presentation and Significant Accounting Policies	6 Months Ended
	Jun. 30, 2018
Accounting Policies [Abstract]
Basis of Presentation and Significant Accounting Policies	Basis of Presentation and Significant Accounting Policies Basis of Presentation The accompanying unaudited interim condensed consolidated financial statements (“condensed consolidated financial statements”) include the accounts of Electronics For Imaging, Inc. and its subsidiaries (“EFI” or “Company”). All intercompany accounts and transactions have been eliminated in consolidation. These condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States (“GAAP”) for interim financial information, rules and regulations of the Securities and Exchange Commission (“SEC”) for interim financial statements, and accounting policies consistent in all material respects with those applied in preparing our audited annual consolidated financial statements included in our Annual Report on Form 10-K, as amended by Amendment No. 1, for the year ended December 31, 2017 (the “2017 Form 10-K”). These condensed consolidated financial statements and accompanying notes should be read in conjunction with our annual consolidated financial statements and the notes included in the 2017 Form 10-K. In the opinion of management, these condensed consolidated financial statements reflect all adjustments, including normal recurring adjustments, management considers necessary for the fair presentation of our financial position, operating results, comprehensive income, and cash flows for the interim periods presented. Our results for the interim periods are not necessarily indicative of results for the entire year. Out-of-Period Adjustments In the three and six months ended June 30, 2017, we recorded out-of-period adjustments related to certain bill and hold transactions, which decreased revenue by $4.9 and $3.4 million , respectively, decreased gross profit by $0.9 and $0.5 million , respectively, and decreased net income by $0.6 and $0.3 million , respectively (or $0.01 per diluted share in both periods). We evaluated these adjustments considering both qualitative and quantitative factors, their impact in relation to each period, as well as the periods in which they originated. The impact of recognizing these adjustments in prior years was not significant to any individual period. Management believes these adjustments are immaterial to the condensed consolidated financial statements for the three and six months ended June 30, 2017 and all previously issued financial statements. Recently Adopted Accounting Pronouncements Revenue Recognition . Effective January 1, 2018, we adopted Accounting Standards Codification (“ASC”) 606 Revenue from Contracts with Customers (“ASC 606”) using the modified retrospective method applied to all incomplete contracts as of the date of initial application. ASC 606 supersedes the revenue recognition requirements in ASC 605, Revenue Recognition (“ASC 605”), and requires the recognition of revenue when promised goods or services are transferred to customers in an amount that reflects the considerations to which the entity expects to be entitled to in exchange for those goods or services. In addition, ASC 606 requires disclosure of the nature, amount, timing, and uncertainty of revenue and cash flows arising from contracts with customers. Effective January 1, 2018, we also adopted ASC 340-40, Other Assets and Deferred Costs – Contracts with Customers (“ASC 340-40”), using the modified retrospective method to all incomplete contracts as of the date of initial application. ASC 340-40 requires the deferral of incremental costs of obtaining a contract with a customer. Results for reporting periods beginning after January 1, 2018 are presented under ASC 606 and ASC 340-40, while prior period amounts are not adjusted and continue to be reported in accordance with our historic accounting under ASC 605. Additional discussion of these recently adopted pronouncements is included below under Significant Accounting Policies, in Note 4 – Revenue , and in Note 5 – Supplemental Financial Statement Information . Income Taxes . Staff Accounting Bulletin (“SAB”) 118 provides guidance for the application of ASC 740 for a measurement period to complete the accounting for certain elements of the Tax Cut & Jobs Act of 2017 (the “2017 Tax Act”). The measurement period is defined as up to one year from the enactment date, which will expire on December 22, 2018. SAB 118 requires that we recognize those income tax effects in our financial statements for which the accounting can be completed, as may be the case for the effect of rate changes on deferred tax assets and deferred tax liabilities. For matters that have not been completed, we are required to recognize provisional amounts to the extent that they are reasonably estimable, adjust them during the measurement period when more information becomes available, and report this information in our financial statements in that period. See additional information in Note 14 – Income Taxes. Restricted Cash . Accounting Standard Update (“ASU”) 2016-18, Statement of Cash Flows: Restricted Cash , became effective in the first quarter of 2018 requiring the statement of cash flows to explain the change in cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents. Therefore, amounts generally described as restricted cash and restricted cash equivalents are included with cash and cash equivalents when reconciling the beginning-of-period and end-of-period total amounts in the statement of cash flows. We previously included the changes in restricted cash equivalents in operating or investing activities in the Consolidated Statements of Cash Flows. Prior period amounts have been revised to conform to the current year presentation. Reconciliation of cash, cash equivalents, and restricted cash equivalents (in thousands) June 30, 2018 December 31, 2017 June 30, 2017 December 31, 2016 Cash and cash equivalents $ 179,507 $ 170,345 $ 158,577 $ 164,313 Restricted cash equivalents 39,809 32,531 5,322 1,142 Total cash, cash equivalents, and restricted cash equivalents shown in the statement of cash flows $ 219,316 $ 202,876 $ 163,899 $ 165,455 Definition of a Business . In January 2017, the Financial Accounting Standard Board (“FASB’) issued ASU 2017-01, Business Combinations: Clarifying the Definition of a Business , which significantly narrows how businesses are defined and became effective in the first quarter of 2018. Under ASU 2017-01, when substantially all of the fair value of the gross assets acquired is concentrated in a single asset or group of similar identifiable assets, then the assets acquired do not constitute a business. If substantially all of the fair value of the gross assets acquired is not concentrated in a single asset or group of similar assets, then the assets acquired may constitute a business if certain criteria are met. We must determine whether the acquired gross assets and activities include an input and a “substantive” process that together “significantly” contribute to the ability to create an output. A framework and specific criteria are provided to assist with the evaluation of whether a process is “substantive” and “significantly contributes” to the ability to create an output. “Output” is narrowly defined to be consistent with the description of a performance obligation in the new revenue guidance or this ASU. Missing inputs and processes may not be replaced by integration with our own inputs and processes under the new guidance. The adoption of ASU 2017-1 did not impact our condensed consolidated financial statements as of June 30, 2018 because we did not acquire a business during the six months ended June 30, 2018 . Nonfinancial Asset Derecognition . In February 2017, the FASB issued ASU 2017-05, Other Income – Gains and Losses from the Derecognition of Nonfinancial Assets: Clarifying the Scope of Asset Derecognition and Accounting for Partial Sales of Nonfinancial Assets , which clarifies the scope of recent guidance as it relates to nonfinancial asset derecognition and the accounting for partial sales of nonfinancial assets. The ASU conforms the derecognition guidance as it relates to nonfinancial assets with the derecognition guidance in the new revenue standard (ASU 2014-9) and is not expected to have a material impact on the accounting for real estate dispositions. ASU 2017-5 became effective in the first quarter of 2018. During the six months ended June 30, 2018 , we did not have any non-financial asset derecognition transactions. Stock Compensation Modification . In May 2017, the FASB issued ASU 2017-09, Stock Compensation – Scope of Modification Accounting , which clarifies the scope of modification accounting for share-based payment arrangements, which became effective in the first quarter of 2018. Specifically, we do not apply modification accounting if the fair value, vesting conditions, and classification of the awards are the same immediately before and after the modification. We elected to adopt this guidance prospectively to awards modified on or after the adoption date. The adoption of ASU 2017-09 did not have a material impact on our condensed consolidated financial statements during the three and six months ended June 30, 2018 . Settlement of Convertible Debt . ASU 2016-15, Statement of Cash Flows: Classification of Certain Cash Receipts and Cash Payments , issued in August 2016, requires that cash settlements of principal amounts of debt instruments with coupon interest rates that are insignificant in relation to the effective interest rate of the debt must classify the portion of the principal payment attributable to the accreted interest related to the debt discount as cash outflows from operating activities. This is consistent with the classification of the coupon interest payments. ASU 2016-15 became effective in the first quarter of 2018. Accordingly, $63.6 million of the debt discount attributable to the difference between the 0.75% coupon interest rate on our 0.75% Convertible Senior Notes due 2019 (“Notes”) and the 4.98% ( 5.46% inclusive of debt issuance costs) effective interest rate will be classified as an operating cash outflow in the Condensed Consolidated Statement of Cash Flows upon any cash settlement of the Notes. If we settle the conversion of the Notes in cash on or prior to the maturity date of September 1, 2019 , the cash outflow of $63.6 million will be recorded in operating activities in the Condensed Consolidated Statement of Cash Flows. The Notes were not settled as of June 30, 2018 . We will apply ASU 2016-15 upon any cash settlement of the Notes. Recent Accounting Pronouncements Not Yet Adopted Lease Arrangements . Under current guidance, the classification of a lease by a lessee as either an operating or capital lease determines whether an asset and liability is recognized on the balance sheet. ASU 2016-2, Leases , which was issued in February 2016 and will be effective in the first quarter of 2019, requires that a lessee recognize an asset and liability on its balance sheet related to all leases with terms more than one year. For all leases, a lessee will be required to recognize a right-of-use asset and a lease liability, initially measured at the present value of the lease payments, in the statement of financial position. The right-to-use asset represents the right to use the underlying asset during the lease term. The recognition, measurement, and presentation of expenses and cash flows by a lessee 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 finance or operating lease are substantially the same as existing guidance except that the “bright line” percentages have been removed. Also, an additional criterion has been added in the new guidance to consider whether the underlying asset is of such a specialized nature that it is expected to have no alternative use to the lessor at the end of the lease term. Additional judgment will be required in applying the new lease guidance. • For finance leases, interest is recognized on the lease liability separately from depreciation of the right-of-use asset in the statement of operations. Principal repayments are classified within financing activities and interest payments are classified as operating activities in the statement of cash flows. • For operating leases, a lessee is required to recognize lease expense generally on a straight-line basis. All operating lease payments are classified as operating activities in the statement of cash flows. The current build-to-suit lease accounting guidance will be rescinded by the new guidance, although simplified guidance will remain regarding lessee control during the construction period. Consequently, the accounting for build-to-suit leases will be the same as operating leases unless the lessee control provisions are applicable. We expect to apply the additional transition method provided in ASU 2018-11, which allows us to initially apply the new leases standard at our January 1, 2019 adoption date and recognize a cumulative-effect adjustment to the opening balance of retained earnings. We have not yet quantified the impact, but the requirement to recognize a right-of-use asset and a lease liability related to operating leases will have a material impact on our financial position as reflected on our Consolidated Balance Sheets. The adoption of this standard to our lease transactions as lessee is not expected to have a material impact on our results of operations as reflected in our Consolidated Statements of Operations. We do not expect a material impact on our results of operations or financial position from adoption of this standard to our lease transactions as lessor. Significant Accounting Policies There have been no material changes in our significant accounting policies, as compared to the significant accounting policies described in our 2017 Form 10-K, with the exception of the following: Revenue Recognition On January 1, 2018, we adopted ASC 606 using the modified retrospective method applied to those contracts that were not completed as of January 1, 2018. On January 1, 2018, we also adopted ASC 340-40 using the modified retrospective method applied to all contracts as of the date of initial application. We apply judgment in determining the customer’s ability and intention to pay. Judgments are made after considering a variety of factors including the customer’s historical payment experience, current creditworthiness, current economic impacts on the customer, past due balances, and significant one-time events or, in the case of a new customer, published credit and financial information. For customer arrangements that include multiple products or services, judgment is required to determine the standalone selling price (“SSP”) for each distinct performance obligation. Where an observable price is not available, we gather all reasonable available data points, consider adjustments based on market conditions, entity-specific factors, and the need to stratify selling prices into meaningful groups (e.g., geographic region) in determining SSP. We allocate the total contract consideration to each distinct performance obligation on a relative SSP basis. Revenue is then recognized in accordance with the timing of the transfer of control to the customer. Accounting for long-term contracts where we provide information technology system development and implementation services requires significant judgment to estimate total contract revenue and costs. For long-term contracts, we estimate the profit on a contract as the difference between the total estimated revenue and expected costs to complete the services. We then recognize that revenue and profit over the life of the contract. Contract estimates are based on various assumptions to project the outcome of future events that could span several years. A change in our estimate of total costs to complete could affect the profitability of our contracts. We review and update our contract-related estimates regularly, and the effects of changes, if any, are reflected in the Condensed Consolidated Statements of Operations in the period that they are determined. Changes in estimates related to certain types of contracts accounted for using an input method measure of progress, such as cost-to-cost, can occur over the life of a contract for a variety of reasons, including the availability of labor and labor productivity, the nature and complexity of the work to be performed, cost estimates, level of effort and/or other assumptions impacting revenue or cost to perform a contract. We recognize adjustments in estimated profit on contracts under the cumulative catch-up method. Under this method, the impact of the adjustment on profit recorded to date is recognized in the period the adjustment is identified. Revenue and profit in future periods of contract performance is recognized using the adjusted estimate. If, at any time, the estimate of contract profitability indicates an anticipated loss on the contract, we recognize the total loss in the quarter it is identified. Management exercises judgment to determine the period of benefit to amortize contract acquisition costs by considering factors such as expected renewals of customer contracts, duration of customer relationships and our technology development life cycle. Although we believe that the historical assumptions and estimates we have made are reasonable and appropriate, different assumptions and estimates could materially impact our reported financial results. Amortization of deferred contract acquisition costs is included in sales and marketing expense in the Condensed Consolidated Statements of Operations. We periodically review these deferred costs to determine whether events or changes in circumstances have occurred that could impact the period of benefit of these deferred contract acquisition costs. The nature of our products and services are as follows: Hardware . Our hardware, such as Industrial Inkjet printers and Fiery digital front ends (“DFEs”), is generally sold with software that is integral to the functionality of the product. In these cases, the hardware and software license are accounted for as a single performance obligation. The contract consideration is generally in the form of a fixed fee at contract inception and revenue is recognized at the point in time when control is transferred to the customer. Consideration received from customers may include trade-in printers, which are valued at the lower of cost or net realizable value. We offer shipping and handling services to customers related to the sale of hardware. We have elected the practical expedient to account for shipping and handling activities performed after transferring control of goods to our customer as a cost to fulfill the contract. The cost of shipping and handling is accrued at the point in which control transfers to the customer and revenue is recognized. Ink . We typically enter into contracts with our existing customer base of installed printers to purchase ink that is not bundled with other deliverables within the contract. The ink is accounted for as a single performance obligation and revenue is recognized at the point in time when control of ink is transferred to the customer. License . Our software license arrangements provide the customer with the right to install and use functional intellectual property (as it exists at the point in time at which the license is granted) for the duration of the contract term. Revenue from distinct software licenses is recognized at the point in time when the software is made available to the customer for download. Our software license arrangements are generally comprised of fixed license fees (“license fees”) that are payable upfront, annually, quarterly, or monthly based on negotiated customer payment terms. For software license arrangements in which a significant portion of the license fees are due more than 12 months after the software is delivered to the customer, a significant financing component may exist. The significant financing component is calculated as the difference between the stated value and present value of the software license fees and is recognized as interest income under the effective interest method over the contract term. The total software license fee net of the significant financing component is recognized as revenue at the point in time when the software is made available to the customer for download or when the software is shipped to the customer. In instances where the timing of revenue recognition and the timing of invoicing is one year or less, we follow the practical expedient and do not impute interest for these contracts. Maintenance . Our software license arrangements typically include an initial (bundled) post contract customer support (maintenance or “PCS”) term. Our promise to those customers who elect to purchase PCS represents a distinct, stand-ready performance obligation. Contract consideration is allocated to the PCS based on its relative SSP and revenue is recognized over the PCS term. Professional Services . We provide various professional services to customers, primarily project management, software implementation, and training. Revenues from arrangements to provide professional services are generally distinct from the other promises in the contract(s). The majority of our professional services contracts are billed on a time and materials basis and revenue is recognized over time as the services are performed. Software as a Service (“SaaS”) . Our SaaS-based arrangements provide customers with continuous access to the software solutions in the form of a service hosted in the cloud. These arrangements may include initial implementation and setup and/or on-going support that represent a single promise (i.e. each individual promised component is not distinct) to provide continuous access to the software solution. Any setup fees associated with our SaaS arrangements are recognized ratably over the contract term plus expected renewal periods. As the customer simultaneously receives and consumes the benefits as access is provided, our performance obligation under our SaaS-based arrangements is comprised of a series of distinct components delivered over time. Our SaaS-based arrangements consideration is typically fixed. Extended Service Plans (“ESP”) . For our hardware arrangements, we enter into contracts with customers to provide services to maintain and repair the hardware for an extended period. ESPs are classified as service-type warranties under ASC 606 as they are sold separately and provide services which are incremental to the assurance that the product will perform to the agreed upon standards. The ESPs are accounted for as a separate performance obligation. Revenue from ESPs are recognized ratably over the contract period as the service is provided.

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2018
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share Net income per basic common share is computed using the weighted average number of common shares outstanding during the period. Net income per diluted common share is computed using the weighted average number of common and dilutive potential common shares outstanding during the period. Potential common shares result from the assumed exercise of outstanding common stock options having a dilutive effect using the treasury stock method, non-vested shares of time-based restricted stock units ("RSUs") having a dilutive effect, non-vested performance-based restricted stock units ("PSUs") for which the performance criteria have been met, shares to be purchased under our Employee Stock Purchase Plan (“ESPP”) having a dilutive effect, the assumed release of shares from escrow for the expected satisfaction of contingent consideration based on achievement of specified performance criteria related to the acquisition of Corrugated Technologies, Inc. (“CTI”), the assumed conversion of our Notes having a dilutive effect using the treasury stock method when the stock price exceeds the conversion price of the Notes, as well as the dilutive effect of our warrants when the stock price exceeds the warrant strike price. Our stock price has not exceeded the conversion price of the Notes or the strike price of the warrants during any periods presented. Any potential shares that are anti-dilutive are excluded from the effect of dilutive securities. PSUs and market-based restricted stock units that would be issuable if the end of the reporting period were the end of the vesting period, if the result would be dilutive, are assumed to be outstanding for purposes of determining net income per diluted common share as of the later of the beginning of the period or the grant date. Accordingly, PSUs, which vested on various dates during the three and six months ended June 30, 2018 and 2017 , based on achievement of specified performance criteria related to revenue, cash flows from operating activities, and non-GAAP operating income targets, are included in the determination of net income per diluted common share as of the beginning of each period. Basic and diluted earnings per share are reconciled as follows (in thousands, except per share amounts): Three Months Ended June 30, Six Months Ended June 30, 2018 2017 2018 2017 Basic net income per share: Net income available to common shareholders $ 3,768 $ 2,759 $ 173 $ 7,546 Weighted average common shares outstanding 44,691 46,429 44,860 46,490 Basic net income per share $ 0.08 $ 0.06 $ — $ 0.16 Diluted net income per share: Net income available to common shareholders $ 3,768 $ 2,759 $ 173 $ 7,546 Weighted average common shares outstanding 44,691 46,429 44,860 46,490 Dilutive stock options and non-vested RSUs and PSUs 748 721 601 709 Weighted average common shares outstanding for purposes of computing diluted net income per share 45,439 47,150 45,461 47,199 Diluted net income per share $ 0.08 $ 0.06 $ — $ 0.16 Potential shares of common stock that were not included in the determination of diluted net income per share because the impact of including them would have been anti-dilutive or performance conditions have not been met, consisted of the following (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2018 2017 2018 2017 RSUs & PSUs 592 437 446 399 ESPP purchase rights 799 — 1,113 476 Total potential shares of common stock excluded from the computation of diluted earnings per share 1,391 437 1,559 875 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 9 – Convertible Senior Notes for additional information and definitions.

Segment and Geographic Informat

Segment and Geographic Information	6 Months Ended
	Jun. 30, 2018
Segment Reporting [Abstract]
Segment and Geographic Information	Segment and Geographic Information Operating segment information is presented based on the internal reporting used by the chief operating decision making group (“CODM”) to allocate resources and evaluate operating segment performance. Our segments consist of Industrial Inkjet, Productivity Software, and Fiery. Industrial Inkjet consists of our VUTEk super-wide and wide format display graphics, Nozomi corrugated packaging and display, Reggiani textile, and Cretaprint ceramic tile decoration and building material industrial digital inkjet printers; digital ultra-violet (“UV”) curable, light-emitting diode (“LED”) curable, ceramic, water-based, and thermoforming and specialty inks, as well as a variety of textile inks including dye sublimation, pigmented, reactive dye, acid dye, pure disperse dye, water-based dispersed printing ink, supplies, and coatings; digital inkjet printer parts; and professional services. Printing surfaces include paper, vinyl, corrugated, textile, glass, plastic, aluminum composite, ceramic tile, wood, and many other flexible and rigid substrates. Productivity Software consists of a complete software suite that enables efficient and automated end-to-end business and production workflows for the print and packaging industry. This Productivity Suite also provides tools to enable revenue growth, efficient scheduling, and optimization of processes, equipment, and personnel. Customers are provided the financial and technical flexibility to deploy locally within their business or to be hosted in the cloud. The Productivity Suite addresses all segments of the print industry and consists of the: (i) Packaging Suite, with Radius at its core, for tag & label, cartons, and flexible packaging businesses; (ii) Corrugated Packaging Suite, with CTI at its core, for corrugated packaging businesses, including corrugated control capability using EFI Escada; (iii) Enterprise Commercial Print Suite, with Monarch at its core, for enterprise print businesses; (iv) Publication Print Suite, with Monarch or Technique at its core, for publication print businesses; (v) Midmarket Print Suite, with Pace at its core, for medium size print businesses; (vi) Quick Print Suite, with PrintSmith Vision and essential capabilities of Digital StoreFront at its core, for small printers and in-plant sites; and (vii) Value Added Products, available with the suite and standalone, such as web-to-print, e-commerce, cross media marketing, warehousing, fulfillment, shop floor data collection, and shipping to reduce costs, increase profits, and offer new products and services to their existing and future customers. We also market Optitex computer-aided fashion design (“fashion CAD”) software, which facilitates fast fashion and increased efficiency in the textile and fashion industries. Fiery consists of Fiery and FreeFlow Print Server (“FFPS”), which was acquired from Xerox Corporation (“Xerox”), that transform digital copiers and printers into high performance networked printing devices for the office, commercial and industrial printing markets. This operating segment is comprised of (i) stand-alone DFEs connected to digital printers, copiers, and other peripheral devices, (ii) embedded DFEs and design-licensed solutions used in digital copiers and multi-functional devices, (iii) optional software integrated into our DFE solutions such as Fiery Central, and Graphics Arts Package, (iv) Fiery Self Serve, our self-service and payment solution, and (v) stand-alone software-based solutions such as our proofing, textile, and scanning solutions. Operating income is not reported by operating segment because operating expenses include significant shared expenses and other costs that are managed outside of the operating segments. Such operating expenses include various corporate expenses such as stock-based compensation, corporate sales and marketing, research and development, amortization of identified intangibles, various non-recurring charges, and other separately managed general and administrative expenses. Our revenue and gross profit (i.e., gross profit excluding stock-based compensation expense and amortization of the fair value adjustment on acquired FFPS inventory) by operating segment are summarized as follows (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2018 2017 2018 2017 Industrial Inkjet Revenue $ 156,434 $ 141,693 $ 298,643 $ 264,956 Gross profit 54,983 52,510 104,690 101,580 Gross profit percentages 35.1 % 37.1 % 35.1 % 38.3 % Productivity Software Revenue $ 41,612 $ 39,063 $ 85,387 $ 74,121 Gross profit 29,181 29,168 60,594 54,764 Gross profit percentages 70.1 % 74.7 % 71.0 % 73.9 % Fiery Revenue $ 63,026 $ 66,291 $ 116,908 $ 136,661 Gross profit 45,467 46,239 84,222 95,937 Gross profit percentages 72.1 % 69.8 % 72.0 % 70.2 % Operating segment profit is reconciled to our Condensed Consolidated Statements of Operations as follows (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2018 2017 2018 2017 Segment gross profit $ 129,631 $ 127,917 $ 249,506 $ 252,281 Stock-based compensation expense (1,043 ) (665 ) (1,811 ) (1,499 ) Gross profit $ 128,588 $ 127,252 $ 247,695 $ 250,782 Tangible and intangible assets, net of liabilities, are summarized by operating segment as follows (in thousands): June 30, 2018 Industrial Inkjet Productivity Software Fiery Corporate and Unallocated Net Assets Total Goodwill $ 150,682 $ 170,632 $ 74,107 $ — $ 395,421 Identified intangible assets, net 52,216 28,272 17,048 — 97,536 Tangible assets, net of liabilities 240,548 (22,908 ) 11,030 45,729 274,399 Net tangible and intangible assets $ 443,446 $ 175,996 $ 102,185 $ 45,729 $ 767,356 December 31, 2017 Goodwill $ 154,373 $ 174,644 $ 74,261 $ — $ 403,278 Identified intangible assets, net 66,547 36,379 20,082 — 123,008 Tangible assets, net of liabilities 221,933 (27,755 ) 11,286 49,561 255,025 Net tangible and intangible assets $ 442,853 $ 183,268 $ 105,629 $ 49,561 $ 781,311 Corporate and unallocated assets and liabilities consist of cash and cash equivalents, short-term investments, restricted cash equivalents, corporate headquarters facility, convertible senior notes, imputed financing obligation related to build-to-suit lease, income taxes receivable, and income taxes payable. Geographic Regions We report revenue by geographic region based on ship-to destination, summarized as follows (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2018 2017 2018 2017 Americas $ 122,294 $ 114,014 $ 239,679 $ 223,909 Europe, Middle East, and Africa (“EMEA”) 94,010 101,513 182,185 189,546 Asia Pacific (“APAC”) 44,768 31,520 79,074 62,283 Total revenue $ 261,072 $ 247,047 $ 500,938 $ 475,738

Revenue

Revenue	6 Months Ended
	Jun. 30, 2018
Revenue from Contract with Customer [Abstract]
Revenue	Revenue We derive our revenue primarily from product revenue, which includes industrial digital inkjet printers, ink, and parts; print production software; and Fiery DFEs. We receive service revenue from printer maintenance agreements, customer support, training, software development, and consulting. In accordance with ASC 606, revenue is recognized when control of the promised products and/or services is transferred to our customers in an amount reflecting the consideration we are entitled to in exchange for those products or services. In accordance with ASC 340-40, incremental costs of obtaining a contract with a customer are deferred and recognized over the contract term. Upon the adoption of ASC 606 and ASC 340-40, we recorded a net increase to our opening balance of retained earnings of $4.7 million as of January 1, 2018, after considering the income tax impact, due to the cumulative effect of adoption. The adoption impact primarily related to capitalizing customer contract acquisition costs consisting of sales commissions, partially offset by an increase in deferred revenue to reflect the inclusion of a significant financing component that will be recognized as interest income as payments are received over the contractual terms, and deferral of upfront setup fees that will recognized ratably over the expected contractual terms. The cumulative effect of applying ASC 606 and ASC 340-40 to active contracts as of the adoption date resulted in the following adjustments to the Condensed Consolidated Balance Sheet as of January 1, 2018 (in thousands): As previously Reported at ASC 606 Adjustments As Adjusted Assets Accounts receivable, net $ 244,416 $ 102 $ 244,518 Other current assets 41,799 (1,628 ) 40,171 Deferred tax assets 45,083 (1,466 ) 43,617 Other assets 15,504 8,062 23,566 Liabilities Deferred revenue 55,833 (95 ) 55,738 Noncurrent contingent and other liabilities 28,801 491 29,292 Stockholders’ equity: Retained earnings 402,544 4,674 407,218 The impact of adopting ASC 606 and ASC 340-40 on our Condensed Consolidated Statement of Operations is summarized as follows (in thousands): Three Months Ended June 30, 2018 Six Months Ended June 30, 2018 Amounts in Amounts in Effect of change Amounts in Accordance with ASC 606 Amounts in Accordance with ASC 605 Effect of change higher (lower) Revenue $ 261,072 $ 260,195 $ 877 $ 500,938 $ 498,602 $ 2,336 Cost of revenue 132,484 132,625 (141 ) 253,243 253,442 (199 ) Gross profit 128,588 127,570 1,018 247,695 245,160 2,535 Operating expenses 114,944 115,069 (125 ) 236,116 236,102 14 Income from operations 13,644 12,501 1,143 11,579 9,058 2,521 Interest income and other income (expense), net (355 ) (490 ) 135 934 624 310 Income before income taxes 8,300 7,022 1,278 2,570 (261 ) 2,831 Provision for income taxes (4,532 ) (4,386 ) (146 ) (2,397 ) (2,102 ) (295 ) Net income 3,768 2,636 1,132 173 (2,363 ) 2,536 The impact of adopting ASC 606 and ASC 340-40 on our Condensed Consolidated Balance Sheet as of June 30, 2018 was as follows (in thousands): Amounts in Accordance with ASC 606 Amounts in Accordance with ASC 605 Effect of change higher (lower) Assets Accounts receivable, net $ 243,400 $ 240,814 $ 2,586 Other current assets 57,814 59,243 (1,429 ) Deferred tax assets 44,384 46,145 (1,761 ) Other assets 29,885 21,837 8,048 Liabilities Deferred revenue 66,581 66,735 (154 ) Noncurrent contingent and other liabilities 20,185 19,798 387 Stockholders’ equity Retained earnings 407,392 400,181 7,211 The following table presents our disaggregated revenue by source (in thousands). Sales and usage-based taxes are excluded from revenue: Three Months Ended June 30, 2018 Six Months Ended June 30, 2018 Industrial Productivity Fiery Total Industrial Inkjet Productivity Software Fiery Total Major Products and Service Lines: Industrial Inkjet Printers and parts $ 97,599 $ — $ — $ 97,599 $ 185,973 $ — $ — $ 185,973 Ink, supplies, and maintenance 58,835 — — 58,835 112,670 — — 112,670 Productivity Software — Licenses — 10,656 — 10,656 — 23,312 — 23,312 Professional services — 8,025 — 8,025 — 15,570 — 15,570 Maintenance and subscriptions — 22,931 — 22,931 — 46,505 — 46,505 Fiery — Digital front ends and related products — — 59,360 59,360 — — 109,456 109,456 Maintenance and subscriptions — — 3,666 3,666 — — 7,452 7,452 Total $ 156,434 $ 41,612 $ 63,026 $ 261,072 $ 298,643 $ 85,387 $ 116,908 $ 500,938 Timing of Revenue Recognition: Transferred at a Point in Time $ 151,149 $ 10,656 $ 59,360 $ 221,165 $ 288,259 $ 23,312 $ 109,456 $ 421,027 Transferred Over Time 5,285 30,956 3,666 39,907 10,384 62,075 7,452 79,911 Total $ 156,434 $ 41,612 $ 63,026 $ 261,072 $ 298,643 $ 85,387 $ 116,908 $ 500,938 Recurring/Non-Recurring: Non-Recurring $ 97,599 $ 18,681 $ 59,360 $ 175,640 $ 185,973 $ 38,882 $ 109,456 $ 334,311 Recurring 58,835 22,931 3,666 85,432 112,670 46,505 7,452 166,627 Total $ 156,434 $ 41,612 $ 63,026 $ 261,072 $ 298,643 $ 85,387 $ 116,908 $ 500,938 Remaining Performance Obligations Revenue allocated to remaining performance obligations includes deferred revenue and amounts that will be invoiced and recognized as revenue in future periods (“backlog”). Remaining performance obligations were $128.2 million as of June 30, 2018 , of which we expect to recognize substantially all of the revenue over the next 12 months . Contract Balances Timing of revenue recognition may differ from timing of invoicing to customers. Payment terms and conditions vary by contract. Deferred revenue (contract liability) represents amounts received in advance, or invoiced in advance, for product support contracts, software customer support contracts, consulting and integration projects, SaaS arrangements, or product sales. We defer these amounts when we collect or invoice the customer and then generally recognize revenue either ratably over the support contract term, upon performing the related services, under the cost-to-cost method, or in accordance with our revenue recognition policy. Revenue recognized during the three and six months ended June 30, 2018 , which was included in deferred revenue as of December 31, 2017 , was $11.8 and $37.7 million , respectively. Unbilled accounts receivable represents contract assets for revenue that have been recognized in advance of billing the customer, which is common for long-term contracts. Billing requirements vary by contract but are generally structured around the completion of certain development milestones. Unbilled accounts receivable as of December 31, 2017 , that were transferred to accounts receivable during the three and six months ended June 30, 2018 , were $10.3 and $21.9 million , respectively. The following table reflects the balances in unbilled accounts receivable and deferred revenue (in thousands): June 30, 2018 January 1, 2018 Unbilled accounts receivable – current $ 30,557 $ 23,296 Unbilled accounts receivable – noncurrent 4,055 4,122 Deferred revenue – current 66,581 55,738 Deferred revenue – noncurrent 434 565

Supplemental Financial Statemen

Supplemental Financial Statement Information	6 Months Ended
	Jun. 30, 2018
Supplemental Financial Statement Information [Abstract]
Supplemental Financial Statement Information	Supplemental Financial Statement Information Supplemental Cash Flow Information Six Months Ended June 30, (in thousands) 2018 2017 Net cash paid for income taxes $ 8,799 $ 7,115 Cash paid for interest expense 1,560 2,011 Property, equipment, and intellectual property received, but not paid 1,472 843 Inventories Inventories are summarized as follows (in thousands): June 30, 2018 December 31, 2017 Raw materials $ 50,416 $ 57,061 Work-in-process 12,831 9,792 Finished goods 54,868 58,960 Total $ 118,115 $ 125,813 Deferred Contract Acquisition Costs Certain of our sales incentive programs that meet the definition of an incremental cost of obtaining a customer contract are required to be capitalized under ASC 340-40. We recognize an asset for the incremental costs of obtaining a contract with a customer if we expect the benefit of those costs to be longer than one year. Sales commissions for renewal of a contract may not be commensurate with the commissions paid for the acquisition of the initial contract because commissions are generally not paid on the renewal of the specifically anticipated contract. Sales commissions for initial contracts are deferred and then amortized generally on a straight-line basis over a period of benefit that we have determined to be three to four years . We determined the period of benefit by taking into consideration our customer contracts, our technology, and other factors. Upon adoption of ASC 340-40 on January 1, 2018, we capitalized $8.1 million in contract acquisition costs related to contracts that were not completed. For contracts that have durations of less than one year, we follow the practical expedient and expense these costs when incurred. During the three and six months ended June 30, 2018 , we amortized $1.0 and $2.1 million of deferred contract acquisition costs, respectively, and we recognized no impairment losses in relation to costs capitalized. During the three and six months ended June 30, 2018 , an additional $1.1 and $2.1 million of contract acquisition costs were capitalized, respectively. Deferred contract acquisition costs are included within other noncurrent assets in our Condensed Consolidated Balance Sheets. Deferred Cost of Revenue Deferred cost of revenue related to unrecognized revenue on shipments to customers was $0.4 and $3.5 million as of June 30, 2018 and December 31, 2017 , respectively, and is included in other current assets in our Condensed Consolidated Balance Sheets. Product Warranty Reserves Product warranty reserves are included in accrued and other liabilities on our Condensed Consolidated Balance Sheets. The changes in product warranty reserves are as follows (in thousands): June 30, 2018 2017 Beginning balance $ 16,335 $ 10,319 Liability assumed upon acquiring FFPS — 9,368 Provisions, net of releases 4,265 4,790 Settlements (6,795 ) (6,254 ) Ending balance $ 13,805 $ 18,223 Equipment Subject to Operating Leases, Net Equipment subject to operating leases was as follows (in thousands): June 30, 2018 December 31, 2017 Equipment subject to operating leases $ 8,025 $ 5,432 Accumulated depreciation (2,788 ) (1,927 ) Equipment subject to operating leases, net $ 5,237 $ 3,505 Scheduled minimum future rental revenue on operating leases as of June 30, 2018 was as follows (in thousands): Remainder of 2018 $ 1,120 2019 2,244 2020 2,826 2021 384 2022 432 $ 7,006 Accumulated Other Comprehensive Income (Loss) (“AOCI”) AOCI classified within stockholders’ equity in our Condensed Consolidated Balance Sheets was as follows (in thousands): June 30, 2018 December 31, 2017 Net unrealized investment losses $ (1,122 ) $ (697 ) Currency translation gains (losses) (4,080 ) 8,794 Net unrealized gains on cash flow hedges — 41 Total $ (5,202 ) $ 8,138 Amounts reclassified out of AOCI, net of tax, were immaterial for all periods presented, and consisted of unrealized gains and losses from investments in debt securities that are reported within interest income and other income (expense), net, in our Condensed Consolidated Statements of Operations.

Accounts Receivable

Accounts Receivable	6 Months Ended
	Jun. 30, 2018
Receivables [Abstract]
Accounts Receivable	Accounts Receivable Financing Receivables Our financing receivables consist of sales-type lease and trade receivables that have an original contractual maturity in excess of one year. Sales-type lease receivables are included within other current assets and other assets, while trade receivables are included in accounts receivable (net of allowances) and other assets. Our financing receivables are summarized as follows (in thousands): June 30, 2018 December 31, 2017 Sales-type lease receivables $ 22,147 $ 16,558 Trade receivables 12,121 12,125 Total financing receivables $ 34,268 $ 28,683 Scheduled to be received in excess of one year $ 18,352 $ 15,191 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 Trade receivables are derecognized from our Condensed Consolidated Balance Sheet when sold to third parties upon determining that such receivables are presumptively beyond the reach of creditors in a bankruptcy proceeding. Any recourse obligation is measured using market data from similar transactions and the servicing liability is determined based on the fair value that a third party would charge to service these receivables. These liabilities were determined to not be material as of June 30, 2018 and December 31, 2017 . We have facilities in the U.S. and Europe that enable us to sell to third parties, on an ongoing basis, certain trade receivables with recourse. Trade receivables sold with recourse are generally short-term receivables with payment due dates of less than 10 days from the date of sale. Trade receivables sold under these facilities were $6.8 and $10.0 million during the three and six months ended June 30, 2018, respectively, and $21.4 million during the year ended December 31, 2017 , which approximates the cash received. We have facilities in Europe that enable us to sell to third parties, on an ongoing basis, certain trade receivables without recourse. Trade receivables sold without recourse are generally short-term receivables secured by letters of credit with payment due dates of less than one year. Trade receivables sold under these facilities were $4.3 and $5.7 million during the three and six months ended June 30, 2018, respectively, and $5.9 million during the year ended December 31, 2017 , which approximates the cash received. We report collections from the sale of trade receivables to third parties as operating cash flows in the Condensed Consolidated Statements of Cash Flows.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2018
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements We invest our excess cash on deposit with major banks in money market, United States (“U.S.”) Treasury and government-sponsored entity, corporate, municipal government, asset-backed, and mortgage-backed residential debt securities. By policy, we invest primarily in high-grade marketable securities. We are exposed to credit risk in the event of default by the financial institutions or issuers of these investments to the extent of the amounts recorded in our Condensed Consolidated Balance Sheets. We consider all highly liquid investments with an original maturity of three months or less at the time of purchase to be cash equivalents. Typically, the cost of these investments approximates fair value. Marketable investments with a maturity greater than three months are classified as available-for-sale short-term investments. Available-for-sale securities are stated at fair value with unrealized gains and losses reported as a separate component of AOCI, net of tax. The credit portion of any other-than-temporary impairment is included in net income. Realized gains and losses on sales of financial instruments are recognized upon sale of the investments using the specific identification method. Our available-for-sale short-term investments are summarized as follows (in thousands): Amortized cost Gross unrealized gains Gross unrealized losses Fair value June 30, 2018 U.S. Government and sponsored entities $ 59,822 $ — $ (773 ) $ 59,049 Corporate debt securities 66,529 — (662 ) 65,867 Municipal securities 382 — (3 ) 379 Asset-backed securities 8,545 35 (77 ) 8,503 Mortgage-backed securities – residential 210 — (2 ) 208 Total short-term investments $ 135,488 $ 35 $ (1,517 ) $ 134,006 December 31, 2017 U.S. Government and sponsored entities $ 59,824 $ — $ (660 ) $ 59,164 Corporate debt securities 79,356 — (450 ) 78,906 Municipal securities 382 — (2 ) 380 Asset-backed securities 9,808 44 (47 ) 9,805 Mortgage-backed securities – residential 445 — (3 ) 442 Total short-term investments $ 149,815 $ 44 $ (1,162 ) $ 148,697 The fair value and duration that investments, including cash equivalents, have been in a gross unrealized loss position below are as follows (in thousands): Less than 12 Months More than 12 Months Total Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses June 30, 2018 U.S. Government and sponsored entities $ 22,889 $ (346 ) $ 36,008 $ (427 ) $ 58,897 $ (773 ) Corporate debt securities 32,229 (349 ) 33,293 (313 ) 65,522 (662 ) Municipal securities 377 (3 ) — — 377 (3 ) Asset-backed securities 4,302 (56 ) 4,134 (21 ) 8,436 (77 ) Mortgage-backed securities – residential 11 — 160 (2 ) 171 (2 ) Total $ 59,808 $ (754 ) $ 73,595 $ (763 ) $ 133,403 $ (1,517 ) December 31, 2017 U.S. Government and sponsored entities $ 23,023 $ (206 ) $ 35,989 $ (454 ) $ 59,012 $ (660 ) Corporate debt securities 45,857 (207 ) 32,634 (243 ) 78,491 (450 ) Municipal securities 378 (2 ) — — 378 (2 ) Asset-backed securities 6,779 (31 ) 2,947 (16 ) 9,726 (47 ) Mortgage-backed securities – residential 162 (2 ) 142 (1 ) 304 (3 ) Total $ 76,199 $ (448 ) $ 71,712 $ (714 ) $ 147,911 $ (1,162 ) For fixed income securities that have unrealized losses as of June 30, 2018 , we do not have the intent to sell any of these investments and it is not more likely than not that we will be required to sell any of these investments before recovery of the entire amortized cost basis. We have evaluated these fixed income securities and determined that no credit losses exist. Accordingly, management has determined that the unrealized losses on our fixed income securities as of June 30, 2018 were temporary in nature. Amortized cost and estimated fair value of investments as of June 30, 2018 , are summarized as follows (in thousands): Amortized cost Fair value Mature in less than one year $ 78,377 $ 77,843 Mature in one to three years 57,111 56,163 Total short-term investments $ 135,488 $ 134,006 Net realized gains from sales of investments are recognized in interest income and other income (expense), net, and were immaterial during the three and six months ended June 30, 2018 , and June 30, 2017 , respectively. Net unrealized losses of $1.5 and $1.1 million were included in AOCI in the accompanying Condensed Consolidated Balance Sheets as of June 30, 2018 , and December 31, 2017 , respectively. Fair Value Measurements Our fair value hierarchy is defined as follows: Level 1: Inputs that are quoted prices in active markets for identical assets or liabilities that the reporting entity has the ability to access at the measurement date; Level 2: Inputs that are other than quoted prices included within Level 1, that are either directly or indirectly observable for the asset or liability through correlation with market data at the measurement date for the duration of the instrument’s anticipated life or by comparison to similar instruments; and Level 3: Inputs that are unobservable or reflect management’s best estimate of what market participants would use in pricing the asset or liability at the measurement date. These include management’s own judgments about market participant assumptions developed based on the best information available in the circumstances. We utilize the market approach to measure the fair value of our fixed income securities. The market approach is a valuation technique that uses the prices and other relevant information generated by market transactions involving identical or comparable assets or liabilities. The fair value of our fixed income securities is obtained using readily-available market prices from a variety of industry standard data providers, large financial institutions, and other third-party sources for the identical underlying securities. The fair value of our investments in certain money market funds is expected to maintain a net asset value of $1 per share and, as such, is priced at the expected market price. We obtain the fair value of our Level 2 financial instruments from several third-party asset managers, custodian banks, and accounting service providers. Independently, these service providers use professional pricing services to gather pricing data, which may include quoted market prices for identical or comparable instruments or inputs other than quoted prices that are observable either directly or indirectly. As part of this process, we engaged a pricing service to assist management in its pricing analysis and assessment of other-than-temporary impairment. All estimates, key assumptions, and forecasts were either provided by or reviewed by us. While we utilize a third-party pricing service, the impairment analysis and related valuations represent conclusions of management and not conclusions or statements of any third party. Our assets and liabilities measured at fair value by levels within the fair value hierarchy are summarized as follows (in thousands): June 30, 2018 December 31, 2017 Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Assets: Money market funds $ 1,017 $ — $ — $ 1,017 $ 9,897 $ — $ — $ 9,897 U.S. Government and sponsored entities 33,207 25,842 — 59,049 33,261 25,903 — 59,164 Corporate debt securities — 65,867 — 65,867 — 78,906 — 78,906 Municipal securities — 378 — 378 — 380 — 380 Asset-backed securities — 8,462 43 8,505 — 9,754 51 9,805 Mortgage-backed securities – residential — 208 — 208 — 442 — 442 $ 34,224 $ 100,757 $ 43 $ 135,024 $ 43,158 $ 115,385 $ 51 $ 158,594 Liabilities: Contingent consideration, current and noncurrent $ — $ — $ 22,129 $ 22,129 $ — $ — $ 35,702 $ 35,702 Self-insurance — — 969 969 — — 902 902 $ — $ — $ 23,098 $ 23,098 $ — $ — $ 36,604 $ 36,604 Money market funds have been classified as cash equivalents as of June 30, 2018 , and December 31, 2017 , respectively. Investments are generally classified within Level 1 or Level 2 of the fair value hierarchy because they are valued using quoted market prices or alternative pricing sources with reasonable levels of price transparency. Investments in U.S. Treasury obligations and overnight money market mutual funds have been classified as Level 1 because these securities are valued based on quoted prices in active markets or are actively traded at $1.00 net asset value. There have been no transfers between Level 1 and 2 during the six months ended June 30, 2018 and 2017 . Government agency investments and corporate debt instruments, including investments in asset-backed and mortgage-backed securities, have generally been classified as Level 2 because markets for these securities are less active or valuations for such securities utilize significant inputs, which are directly or indirectly observable. We hold asset-backed securities with income payments derived from and collateralized by a specified pool of underlying assets. Asset-backed securities in the portfolio are predominantly collateralized by credit cards and auto loans. We also hold 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) as of June 30, 2018 are related to the acquisitions of Escada Innovations Limited and Escada Systems, Inc. (collectively, “Escada”) and Generation Digital Solutions, Inc. (“Generation Digital”), in 2017; Optitex Ltd. (“Optitex”) and Rialco Limited (“Rialco”) in 2016; Shuttleworth Business Systems Limited and CDM Solutions Limited (collectively, “Shuttleworth”), and CTI in 2015; and PrintLeader Software (“PrintLeader”) in 2013. The fair value of these earnouts is estimated to be $22.1 and $35.7 million as of June 30, 2018 , and December 31, 2017 , respectively, by applying the income approach in accordance with ASC 805-30-25-5. Key assumptions include risk-free discount rates between 0.6% and 4.98% , as well as probability-adjusted revenue, gross profit, and direct operating income using the Monte Carlo valuation method. Probability-adjusted revenue, gross profit, and direct operating income are significant inputs that are not observable in the market, and are therefore classified as Level 3 inputs. These contingent liabilities have been reflected in the Condensed Consolidated Balance Sheet as of June 30, 2018 , as current and noncurrent liabilities of $8.0 and $14.1 million, respectively. Changes in the fair value of contingent consideration are summarized as follows (in thousands): Fair value of contingent consideration as of January 1, 2017 $ 56,463 Fair value of Generation Digital contingent consideration at August 14, 2017 3,600 Fair value of Escada contingent consideration at October 1, 2017 2,049 Escrow adjustment for Reggiani acquisition (4,711 ) Changes in valuation 4,761 Earnout accretion 1,711 Payments and settlements (30,924 ) Foreign currency adjustment 2,753 Fair value of contingent consideration at December 31, 2017 $ 35,702 Changes in valuation (12,775 ) Earnout accretion 104 Payments (751 ) Foreign currency adjustment (151 ) Fair value of contingent consideration as of June 30, 2018 $ 22,129 The Optitex and Shuttleworth earnout liability valuations decreased, on a combined basis, during the three and six months ended June 30, 2018 by $11.3 and $12.8 million , respectively, based on recent actual and updated forecasted financial performance data. The Optitex, CTI and Rialco earnout performance probabilities increased, while the Shuttleworth earnout performance probability decreased, during 2017. The earnout liability valuations increased during the three and six months ended June 30, 2017 by less than $0.1 and $0.9 million , respectively. Changes in the fair value of contingent consideration subsequent to the acquisition date are reported in general and administrative expenses. Earnout payments and settlements during the three and six months ended June 30, 2018 of $0.1 and $0.8 million were primarily related to the Shuttleworth contingent consideration liability. Earnout payments and settlements during the year ended December 31, 2017 of $21.5 , $6.8 , $1.3 , and $1.2 million were related to the previously accrued Reggiani, Optitex, Rialco, and Shuttleworth contingent consideration liabilities, respectively. The primary inputs to the fair value measurement of contingent consideration liability are the discount rate and probability-adjusted revenue or earnings targets specified in the acquisition agreements. Accordingly, we reviewed the sensitivity of the fair value measurement to changes in these inputs. We assessed the probability of achieving the revenue and profitability performance targets for contingent consideration associated with each acquisition at percentage levels between 50% and 100% as of each respective acquisition date based on an assessment of the historical performance of each acquired entity, our current expectations of future performance, and other relevant factors. A change in probability-adjusted revenue of five percentage points from the level assumed in the current valuations would result in an increase in the fair value of contingent consideration of $2.0 million or a decrease of $1.7 million . A change in the discount rate of one percentage point would result in an increase in the fair value of contingent consideration of $0.2 million or a decrease of $0.2 million . The potential undiscounted amount of contingent consideration that we could be required to make related to our business acquisitions, beyond amounts currently accrued, was $11.3 million as of June 30, 2018 . Fair Value of Derivative Instruments We utilize the income approach to measure the fair value of our derivative assets and liabilities. The income approach uses pricing models that rely on market observable inputs such as yield curves, currency exchange rates, and forward prices, and are therefore classified as Level 2 measurements. The notional amount of our derivative assets and liabilities was $250.7 and $239.4 million as of June 30, 2018 and December 31, 2017 , respectively. We did not have any cash flow hedges as of June 30, 2018 . The fair value of our derivative assets and liabilities that were designated for cash flow hedge accounting treatment having notional amounts of $3.9 million as of December 31, 2017 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 fair value of the Notes as of June 30, 2018 was approximately $342.8 million and was classified as a Level 2 fair value measurement. Fair value was estimated based upon actual quotations obtained at the end of the reporting period or the most recent date available. A substantial portion of the market value of our Notes in excess of the outstanding principal amount relates to the conversion premium.

Derivatives and Hedging

Derivatives and Hedging	6 Months Ended
	Jun. 30, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivatives and Hedging	Derivatives and Hedging We are exposed to market risk and foreign currency exchange risk from changes in foreign currency exchange rates, which could affect operating results, financial position, and cash flows. We manage our exposure to these risks through our regular operating and financing activities and, when appropriate, through use of derivative financial instruments. These derivative financial instruments are used to hedge monetary assets and liabilities, intercompany balances, trade receivables, anticipated cash flows, and to reduce earnings and cash flow volatility resulting from shifts in foreign currency exchange rates. Our objective is to offset gains and losses resulting from these exposures with losses and gains on the derivative contracts used to hedge them, thereby reducing volatility of earnings or protecting fair values of assets and liabilities. We do not have any leveraged derivatives, nor do we use derivative contracts for speculative purposes. We present the fair value of all open derivative instruments, including those embedded in other contracts, as assets or liabilities on our Condensed Consolidated Balance Sheets. The related cash flow impacts of our derivative contracts are reflected as cash flows from operating activities. Our exposures are primarily related to non-U.S. dollar-denominated revenue in Europe, the U.K., Latin America, China, Israel, and Australia, and to non-U.S. dollar-denominated operating expenses in Europe, India, the U.K., China, Israel, Brazil, and Australia. From time to time we have hedged our operating expense cash flow exposure in Indian rupees. We hedge balance sheet remeasurement exposure associated with British pound sterling, Canadian dollar, Chinese renminbi, Brazilian real, Israeli shekel, Japanese yen, Chinese renminbi, and Euro-denominated intercompany balances; Brazilian real, British pound sterling, Australian dollar, Chinese renminbi, Israeli shekel, and Euro-denominated trade receivables; and British pound sterling, Israeli shekel, Canadian dollar, and other Euro-denominated net monetary assets. By their nature, derivative instruments involve, to varying degrees, elements of market and credit risk. The market risk associated with these instruments resulting from currency exchange movement is expected to offset the market risk of the underlying transactions, assets, and liabilities being hedged. Under our master netting agreements with our foreign currency derivative counterparties, we are allowed to net transactions of the same currency with a single net amount payable by one party to the other. The derivatives held by us are not subject to any credit contingent features negotiated with these counterparties. We are not required to pledge cash collateral related to these foreign currency derivative contracts. We do not believe there is significant risk of loss from non-performance by the counterparty associated with these instruments because, by policy, we only deal with counterparties having a minimum investment grade or better credit rating. Credit risk is managed through the continuous monitoring of exposures to such counterparties. Cash Flow Hedges We did not have any foreign currency derivative contracts designated as cash flow hedges as of June 30, 2018 nor during the three months ended June 30, 2018. Our foreign currency derivative contracts designated as cash flow hedges for our Indian rupee operating expenses were in the notional amount of $3.9 million as of December 31, 2017 . The fair value of the net assets (liabilities) related to these cash flow hedges were not material. The changes in fair value of these contracts are reported as a component of AOCI and reclassified to operating expense in the periods of payment of the hedged operating expenses. The amount of ineffectiveness that was recorded in the Condensed Consolidated Statements of Operations for these designated cash flow hedges was immaterial. All components of each derivative’s gain or loss were included in the assessment of hedge effectiveness. Balance Sheet Hedges Our forward contracts are not designated for hedge accounting treatment since there is a natural offset for the remeasurement of the underlying foreign currency denominated asset or liability. We recognize changes in the fair value of non-designated derivative instruments in earnings in the period of change. Gains and losses on foreign currency forward contracts used to hedge balance sheet exposures are recognized in interest income and other income (expense), net, in the same period as the remeasurement gain or loss of the related foreign currency denominated assets and liabilities. Our forward contracts not designated for hedge accounting treatment consisted of hedges of Australian dollar, British pound sterling, Brazilian real, Canadian dollar, Chinese renminbi, Euro, Israeli shekel and Japanese yen. These balance sheet hedges cover currency exposures in the following line items in the notional amounts indicated (in thousands): Balance sheet categories June 30, 2018 December 31, 2017 Accounts Receivable $ 50,010 $ 44,427 Other assets and liabilities, net 39,367 46,550 Intercompany balances 161,351 144,477 Total $ 250,728 $ 235,454

Convertible Senior Notes

Convertible Senior Notes	6 Months Ended
	Jun. 30, 2018
Debt Disclosure [Abstract]
Convertible Senior Notes	Convertible Senior Notes 0.75% Convertible Senior Notes Due 2019 In September 2014, we completed a private placement of $345 million principal amount of 0.75% Convertible Senior Notes due September 1, 2019 . The net proceeds from this offering were approximately $336.3 million , after deducting the initial purchasers’ commissions and the offering expenses paid by us. We used approximately $29.4 million of the net proceeds to purchase the Note Hedges described below, net of the proceeds from the Warrant transactions also described below. The Notes are senior unsecured obligations of EFI with interest payable semiannually in arrears on March 1 and September 1 of each year. The Notes are not callable and will mature on September 1, 2019, unless previously purchased or converted in accordance with their terms prior to such date. Holders of the Notes who convert in connection with a “fundamental change,” as defined in the indenture governing the Notes (“Indenture”), may require us to purchase for cash all or any portion of their Notes at a purchase price equal to 100 percent of the principal amount of the Notes to be repurchased, plus accrued and unpaid interest, if any. The initial conversion rate is 18.9667 shares of common stock per $1,000 principal amount of Notes, which is equivalent to an initial conversion price of approximately $52.72 per share of common stock. Upon conversion of the Notes, holders will receive cash, shares of common stock or a combination thereof, at our election. Our intent is to settle the principal amount of the Notes in cash upon conversion. If the conversion value exceeds the principal amount, we would deliver shares of our common stock for our conversion obligation in excess of the aggregate principal amount. As of June 30, 2018 , none of the conditions allowing holders of the Notes to convert had been met. We separated the Notes into liability and equity components. The excess of the principal amount of the liability component over its carrying amount (“debt discount”) is amortized to interest expense over the term of the Notes using the effective interest method with an effective interest rate of 4.98% per annum ( 5.46% inclusive of debt issuance costs). The equity component is not remeasured if it continues to meet the conditions for equity classification. We allocated the total transaction costs incurred by the 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 consisted of the following (in thousands): June 30, 2018 December 31, 2017 Liability component $ 345,000 $ 345,000 Debt discount, net of amortization (16,423 ) (23,178 ) Debt issuance costs, net of amortization (2,065 ) (2,865 ) Net carrying amount $ 326,512 $ 318,957 Equity component $ 63,643 $ 63,643 Less: debt issuance costs allocated to equity (1,582 ) (1,582 ) Net carrying amount $ 62,061 $ 62,061 Interest expense recognized on the Notes was as follows (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2018 2017 2018 2017 0.75% coupon $ 654 $ 647 $ 1,301 $ 1,287 Amortization of debt discount 3,355 3,249 6,755 6,420 Amortization of debt issuance costs 397 354 800 699 Total $ 4,406 $ 4,250 $ 8,856 $ 8,406 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 sold Warrants to acquire shares of our common stock at a strike price of $68.86 per share (the "Warrants"). We received aggregate proceeds of $34.5 million from the sale of the Warrants. If the average market value per share of our common stock for the reporting period, as measured under the Warrants, exceeds the strike price of the Warrants, the Warrants will have a dilutive effect on our earnings per share. The Warrants are separate transactions and are not part of the Notes or the Note Hedges and are accounted for as a component of additional paid-in capital. Holders of the Notes and Note Hedges will not have any rights with respect to the Warrants.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2018
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Contingent Consideration We are required to make payments to the former stockholders of acquired companies based on the achievement of specified performance targets as explained in Note 7 – Fair Value Measurements . Lease Commitments and Contractual Obligations As of June 30, 2018 , we have leased certain of our current facilities and vehicles under noncancelable operating lease agreements. We are required to pay property taxes, insurance, and nominal maintenance costs for certain of these facilities and vehicles, and any increases over the base year of these expenses on the remainder of these leases. Assets Held for Sale During the fourth quarter of 2017, management approved a plan to sell approximately 31.5 acres of land and two manufacturing buildings located at One Vutek Place and 189 Waukewan Street, Meredith, New Hampshire, consisting of 163,000 total square feet. Assets previously recorded within property and equipment, net, with a net book value of $5.1 million , consisting of $4.5 million net book value of the facilities and $0.6 million of related land, have been reclassified as assets held for sale. These assets held for sale are carried at a value of $4.2 million , after an impairment charge of $0.9 million was recognized in the fourth quarter of 2017, on our Condensed Consolidated Balance Sheets as of June 30, 2018 and December 31, 2017. As of June 30, 2018 , we have entered into two separate agreements to sell each of these properties subject to completion of due diligence and customary closing procedures. Management expects the sale of both facilities to be completed by December 31, 2018. Off-Balance Sheet Financing – Lease Arrangements 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, NH to lease 16.9 acres adjacent to the Manchester Regional Airport. The land is subleased to MUFG Americas Capital Leasing & Finance, LLC (“MUFG”), formerly Bank of Tokyo – Mitsubishi UFJ Leasing & Finance LLC during the term of the lease related to the manufacturing facility that was constructed on the site, which is described below. Minimum lease payments are $13.3 million during the entire 48.5 -year term of the land lease, excluding six months of the land lease that were financed into the manufacturing facility lease. On August 26, 2016, we entered into a six -year lease with MUFG whereby a 225,000 -square foot manufacturing and warehouse facility was constructed for our Industrial Inkjet operating segment at a cost of $39.8 million . Construction was completed in April 2018. Minimum lease payments during the initial six -year term are $1.8 million . Upon completion of the initial six -year term, we have the option to renew the lease, purchase the facility, or return the facility to MUFG subject to an 89% residual value guarantee under which we would recognize additional rent expense in the form of a variable rent payment. We have assessed our exposure in relation to the residual value guarantee and believe that there is no deficiency to the guaranteed value as of June 30, 2018 . During the construction period, we were required to maintain restricted cash equivalents or restricted investments equal to the amount expended to date on the construction of the building as collateral. The funds were deposited with a third-party trustee and were restricted during the construction period. Upon completion of construction, $39.8 million was deposited with MUFG and is restricted as collateral until the end of the underlying building lease period. Legal Proceedings From time to time we are involved in a variety of claims, lawsuits, investigations, or proceedings relating to contractual disputes, securities laws, intellectual property rights, employment, or other matters that may arise in the normal course of business. We assess our potential liability in each of these matters by using the information available to us. We develop our views on estimated losses in consultation with inside and outside counsel, which involves a subjective analysis of potential results and various combinations of appropriate litigation and settlement strategies. We accrue estimated losses from contingencies if a loss is deemed probable and can be reasonably estimated. As of June 30, 2018 , we are subject to the matters described below: Matan Digital Printing (“MDG”) Matter. EFI acquired Matan Digital Printers (“Matan”) in 2015 from sellers (the “2015 Sellers”) that had acquired Matan Digital Printing Ltd. from other sellers in 2001 (the “2001 Sellers”). The 2001 Sellers have asserted a claim against the 2015 Sellers and Matan asserting that they are entitled to a portion of the 2015 Sellers’ proceeds from EFI’s acquisition. The 2015 Sellers dispute this claim and have agreed to indemnify EFI against the 2001 Sellers’ claim. Although we are fully indemnified, 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 an unfavorable resolution of this matter and we could incur a material loss in this matter. We estimate the range of loss to be between one dollar and $10.1 million . If we incur a loss in this matter, it will be offset by a receivable of an equal amount representing a claim for indemnification against the escrow account established in connection with the Matan acquisition. Purported Class Action Lawsuit. On August 10, 2017, a putative class action was filed against the Company and its two named executive officers in the United States District Court for the District of New Jersey, captioned Pipitone v. Electronics For Imaging, Inc ., No. 2:17-cv-5992 (D.N.J.). A First Amended Complaint was filed on February 20, 2018. The plaintiffs allege, among other things, that statements by the Company and its officers about the Company’s financial reporting, revenue recognition, internal controls, and disclosure controls and procedures were false or misleading. The complaint seeks an unspecified amount of damages, interest, attorneys’ fees, and other costs, on behalf of a putative class of individuals and entities that purchased or otherwise acquired EFI securities from February 22, 2017 through August 3, 2017. EFI filed a motion to dismiss on April 23, 2018. The plaintiffs filed an opposition on May 23, 2018, and EFI filed its reply brief on June 13, 2018. A hearing on EFI’s motion to dismiss has not yet been scheduled. At this time, we do not believe it is probable that we will incur a material loss in this matter. However, it is reasonably possible that our financial statements could be materially affected by an unfavorable resolution of this matter. Since this matter is in the preliminary stages, we are not yet in a position to estimate the amount or range of reasonably possible loss that may be incurred. Purported Derivative Shareholder Lawsuits. On August 22, 2017, a purported derivative shareholder complaint was filed in the Superior Court of the State of California for the County of Alameda captioned Schiffmiller v. Gecht , No. RG17873197. A First Amended Complaint was filed on April 13, 2018. The complaint makes claims derivatively and on behalf of the Company as nominal defendant against the Company’s named executive officers and directors for alleged breaches of fiduciary duties and unjust enrichment, and alleges, among other things, that statements by the Company and its officers about the Company’s financial reporting, revenue recognition, internal controls, and disclosure controls and procedures were false or misleading. The complaint alleges the Company has suffered damage as a result of the individual defendants’ alleged actions, and seeks an unspecified amount of damages, restitution, and declaratory and other relief. The derivative action has been stayed pending the resolution of the Pipitone class action described above. At this time, we do not believe it is probable that we will incur a material loss in this matter. However, it is reasonably possible that our financial statements could be materially affected by an unfavorable resolution of this matter. Because this matter has been stayed pending resolution of the Pipitone class action described above, we are not yet in a position to estimate the amount or range of reasonably possible loss that may be incurred. Other Matters. As of June 30, 2018 , 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.

Stock Repurchase Program

Stock Repurchase Program	6 Months Ended
	Jun. 30, 2018
Equity [Abstract]
Stock Repurchase Programs	Stock Repurchase Program On September 11, 2017, the board of directors approved the repurchase of an additional $125 million for our share repurchase program commencing September 11, 2017 and expiring on December 31, 2018 . The board of directors had previously authorized $150 million under the program in November 2015. Under this publicly announced program, we repurchased 959,786 and 748,448 shares for an aggregate purchase price of $28.3 and $34.5 million during the six months ended June 30, 2018 and 2017 , respectively. As of June 30, 2018 , $81.1 million remained authorized for repurchases under this program. Our employees have the option to surrender shares of common stock to satisfy their tax withholding obligations that arise on the vesting of RSUs, the exercise price of certain stock options, and any tax withholding obligations incurred from exercise of stock options. Employees surrendered 25,768 and 146,302 shares at an aggregate value of $0.7 and $6.8 million during the six months ended June 30, 2018 and 2017 , respectively.

Stock-based Compensation

Stock-based Compensation	6 Months Ended
	Jun. 30, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-based Compensation	Stock-based Compensation Stock-based compensation expense related to ESPP purchase rights and RSUs is summarized as follows (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2018 2017 2018 2017 Stock-based compensation expense by type of awards RSUs $ 9,883 $ 6,093 $ 15,206 $ 15,330 ESPP purchase rights 1,903 1,520 3,349 2,563 Total stock-based compensation expense 11,786 7,613 18,555 17,893 Income tax benefit (1,831 ) (2,531 ) (2,670 ) (5,404 ) Stock-based compensation expense, net of tax $ 9,955 $ 5,082 $ 15,885 $ 12,489 Valuation Assumptions for ESPP Purchase Rights and Stock Options We use the Black-Scholes-Merton (“BSM”) option pricing model to value stock-based compensation for all equity awards, except market-based awards, which are valued using the Monte Carlo valuation model. We value RSUs at the closing market price on the date of grant. The estimated weighted average fair value per share and underlying assumptions of ESPP purchase rights issued were as follows: ESPP Purchase Rights: Six Months Ended June 30, 2018 2017 Weighted average fair value per share $ 9.03 $ 12.03 Expected volatility 59% - 107% 24% - 28% Risk-free interest rate 1.6% - 2.2% 0.7% - 1.2% Expected term (in years) 0.5 - 2.0 0.5 - 2.0 No stock options were granted during the six months ended June 30, 2018 and 2017 . As of June 30, 2018 , 150,000 shares underlying stock options are outstanding and exercisable. They are time-based options with an aggregate intrinsic value of $2.6 million , a weighted average exercise price of $15.43 per share, and remaining contractual term of 9 months . Aggregate intrinsic value for stock options represents the difference between the closing price per share of our common stock on the last trading day of the period and the option exercise price, multiplied by the number of in-the-money stock options outstanding, vested and expected to vest, and exercisable as of June 30, 2018 . Non-vested RSUs Non-vested RSUs were awarded to employees under our equity incentive plans. Non-vested RSUs do not have the voting rights of common stock and the shares underlying non-vested RSUs are not considered issued and outstanding. Non-vested RSUs generally vest over a service period of one to four years. The compensation expense incurred for these service-based awards is based on the closing market price of our stock on the date of grant and is amortized on a graded vesting basis over the requisite service period. Non-vested RSU activity during the six months ended June 30, 2018 are summarized below (shares in thousands): Time-based Performance-based Market-based Total Shares Weighted average grant date fair value Shares Weighted average grant date fair value Shares Weighted average grant date fair value Shares Weighted average grant date fair value Non-vested at January 1, 2018 1,048 $ 35.76 1,209 $ 42.18 23 $ 35.15 2,280 $ 39.16 Granted 491 28.03 478 28.26 — — 969 28.14 Vested (106 ) 32.44 (20 ) 44.83 — — (126 ) 34.42 Forfeited (67 ) 35.67 (579 ) 45.35 — — (646 ) 44.34 Non-vested at June 30, 2018 1,366 33.24 1,088 34.32 23 35.15 2,477 33.73 Vested RSUs The grant date fair value of RSUs vested during the six months ended June 30, 2018 was $4.3 million . The aggregate intrinsic value of RSUs vested and expected to vest as of June 30, 2018 was $68.8 million and the remaining weighted average vesting period was 1 year . Aggregate intrinsic value for RSUs vested and expected to vest represents the closing market price per share of our common stock on the last trading day of the period, multiplied by the number of RSUs vested and expected to vest as of June 30, 2018 . RSUs expected to vest represent time-based RSUs unvested and outstanding as of June 30, 2018 , and performance-based RSUs for which the requisite service period has not been rendered, but are expected to vest based on the achievement of performance conditions. Performance-based RSUs that vested based on certain financial results achieved are expensed in the period that the performance and related service criteria were met. Valuation Assumptions for Performance-based and Market-based RSUs Performance-based stock options, market-based RSUs, and market-based stock options were not granted during the six months ended June 30, 2018 . We use the BSM option pricing model to value performance-based RSUs. The weighted average grant date fair value per share of performance-based RSUs granted and the assumptions used to estimate grant date fair value are as follows: Short-term Long-term Six Months Ended June 30, 2018 Grant date fair value per share $ 28.26 $ — Service period (years) 1.0 N/A Six Months Ended June 30, 2017 Grant date fair value per share $ 47.23 $ 45.96 Service period (years) 1.0 2.0 - 3.0 Our performance-based RSUs generally vest when specified performance criteria are met based on bookings, revenue, cash provided by operating activities, non-GAAP operating income, non-GAAP earnings per share, revenue growth compared to market comparables, non-GAAP earnings per share growth compared to cash flow from operating activities growth, or other targets during the service period; otherwise, they are forfeited. Non-GAAP operating income is operating income determined in accordance with GAAP, adjusted to remove the impact of certain expenses. Non-GAAP earnings per share is net income determined in accordance with GAAP, adjusted to remove the impact of certain expenses, and the related tax effects, divided by the weighted average number of common shares and dilutive potential common shares outstanding during the period. The grant date fair value per share determined in accordance with the BSM valuation model is being amortized over the service period of the performance-based awards. The probability of achieving the performance criteria was determined based on review of the actual results achieved thus far by each business unit compared with the operating plan during the service period as well as the overall expectations of the business unit. Stock-based compensation expense was adjusted based on the updated fair value resulting from this probability assessment. As actual results are achieved during the service period, the probability assessment is updated and stock-based compensation expense is adjusted accordingly. Market-based awards that were granted in prior periods vest when our average closing stock price exceeds defined multiples of the closing stock price for 90 consecutive trading days. If these multiples were not achieved by the expiration date, the awards are forfeited. The grant date fair value is amortized over the average derived service period of the awards. The average derived service period and total fair value were determined using a Monte Carlo valuation model based on our assumptions, which include a risk-free interest rate and implied volatility.

Restructuring and Other

Restructuring and Other	6 Months Ended
	Jun. 30, 2018
Restructuring and Related Activities [Abstract]
Restructuring and Other	Restructuring and Other During the six months ended June 30, 2018 and 2017 , we continued to analyze our cost structure and re-align our cost structure following our business acquisitions. These charges primarily relate to integrating recently acquired businesses, consolidating facilities, eliminating redundancies, and lowering our operating expense run rate. Restructuring and other consists primarily of restructuring, severance, short-term retention costs, facility downsizing and relocation, and acquisition integration expenses. Restructuring and other costs were $3.0 and $7.7 million during the three and six months ended June 30, 2018 , respectively, and were $3.7 and $4.6 million during the three and six months ended June 30, 2017 , respectively. Restructuring and other costs include severance charges of $1.3 and $4.4 million related to reductions in head count of 28 and 83 during the three and six months ended June 30, 2018 , respectively; and $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. Severance costs include severance payments, related employee benefits, outplacement fees, recruiting, and employee relocation costs. Facilities relocation and downsizing expenses were $0.5 and $1.0 million during the three and six months ended June 30, 2018 , respectively; and were $0.2 and $0.2 million during the three and six months ended June 30, 2017 , respectively. These expenses were primarily related to the relocation of certain manufacturing and administrative locations due to reduced space requirements. Integration expenses of $1.1 and $2.3 million during the three and six months ended June 30, 2018 , respectively, and $0.4 and $0.8 million during the three and six months ended June 30, 2017 , respectively, were incurred for the integration of our business acquisitions. Restructuring and other reserve activities are summarized as follows (in thousands): Six Months Ended June 30, 2018 2017 Beginning reserve balance $ 2,452 $ 1,824 Restructuring charges 4,596 3,502 Other charges 3,082 1,087 Non-cash restructuring and other (413 ) (117 ) Payments (6,703 ) (2,926 ) Ending reserve balance $ 3,014 $ 3,370

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2018
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes We recognized a tax provision of $4.5 and $2.4 million on pretax income of $8.3 and $2.6 million during the three and six months ended June 30, 2018 , respectively; and a tax provision of $1.0 million and $4 thousand on pretax net income of $3.8 million and $7.6 million during the three and six months ended June 30, 2017 , respectively. The provision for income taxes before discrete items reflected in the table below was $4.5 and $1.0 million during the three and six months ended June 30, 2018 , respectively, and $1.6 and $2.7 million during the three and six months ended June 30, 2017 , respectively. The increase in the provision for income taxes before discrete items for the three months ended June 30, 2018 , compared with the same period in the prior year, was primarily due to the impact of increased non-deductible stock-based compensation. The decrease in the provision for income taxes before discrete items for the six months ended June 30, 2018, compared with the same period in the prior year, was primarily due to decreased profitability before income taxes. Primary differences between our provision for income taxes before discrete items and the income tax provision at the U.S. statutory rate include taxes on permanently reinvested foreign earnings, the tax effects of stock-based compensation expense which are non-deductible for tax purposes, and the U.S. Research and Development Credit. Our tax provision for income taxes before discrete items is reconciled to our recorded provision for income taxes, as follows (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2018 2017 2018 2017 Provision for income taxes before discrete items $ 4,457 $ 1,571 $ 1,037 $ 2,653 Interest related to unrecognized tax benefits 113 64 225 99 Provision for (benefit from) stock based compensation, including ESPP dispositions 49 (771 ) 26 (2,339 ) Benefit from reversals of uncertain tax positions (46 ) — (233 ) — Provision for (benefit from) reassessment of taxes upon filing tax returns (41 ) 157 (41 ) 72 Provision for (benefit from) reassessment of taxes upon tax law change — — 161 (481 ) Provision for deemed repatriation transition tax — — 1,222 — Provision for income taxes $ 4,532 $ 1,021 $ 2,397 $ 4 On December 22, 2017, the 2017 Tax Act was enacted by the U.S. government. The 2017 Tax Act made broad and complex changes to the U.S. tax code that impact the six months ended June 30, 2018 and year ended December 31, 2017 , including, but not limited to, lowering the U.S. corporate income tax rate from 35% to 21% effective January 1, 2018, imposing a one-time deemed repatriation transition tax, and the remeasurement of U.S. deferred tax assets and liabilities. The SEC issued SAB 118, which allows us to record a provisional estimate of the income tax effects of the 2017 Tax Act in the period in which we can make a reasonable estimate of its effects. We recorded a $27.5 million tax charge in the year ended December 31, 2017 as a provisional estimate. This provisional estimate included an estimated charge of $17.0 million related to the deemed repatriation transition tax, which is comprised of a gross transition tax of $27.0 million offset by foreign tax credits of $10.0 million . In addition, we recorded a $10.5 million charge related to the remeasurement of U.S. deferred tax assets and liabilities in the year ended December 31, 2017 . While we have calculated a reasonable estimate of the impact of the U.S. tax rate reduction and the amount of the deemed repatriation transition tax, we are gathering additional information to refine and finalize our calculation of the impacts of the 2017 Tax Act on our U.S. deferred tax assets and liabilities, the deemed repatriation transition tax, and other provisions associated with the 2017 Tax Act. We accrued an additional $1.2 million for state taxes related to the deemed repatriation transition tax in the six months ended June 30, 2018 . As we obtain additional information, we will record adjustments in subsequent periods and will finalize the calculation of the income tax effects of the 2017 Tax Act in the fourth quarter of 2018, or in an earlier quarter if our analysis is complete. The 2017 Tax Act also created a global intangible low-tax income (“GILTI”) provision, which is a minimum tax on certain foreign earnings, commencing in the year ending December 31, 2018. The amount of future U.S. inclusions in taxable income related to GILTI depends on our current structure, estimated future results of global operations, and our intent and ability to modify our structure and/or our business. We are not yet able to provide a reasonable estimate of the effect of this provision of the 2017 Tax Act. Therefore, the Company has not made any adjustments related to potential GILTI tax in its financial statements and have not made a policy decision regarding whether to record deferred taxes on GILTI. Any subsequent adjustment to the deferred tax amounts related to GILTI (or other computations) will be recorded as a tax expense in the quarter of 2018 when the analysis is complete. As of June 30, 2018 , and December 31, 2017 , gross unrecognized benefits that would impact the effective tax rate if recognized were $34.6 and $33.9 million , respectively. Over the next twelve months, our existing tax positions will continue to generate increased liabilities for unrecognized tax benefits. It is reasonably possible that our gross unrecognized tax benefits will decrease up to $4.3 million in the next twelve months. These adjustments, if recognized, would positively impact our effective tax rate, and would be recognized as additional tax benefits in our Condensed Consolidated Statements of Operations. $17.1 million of gross unrecognized tax benefits were offset against deferred tax assets as of June 30, 2018 , and the remaining $17.5 million has been recorded as noncurrent income taxes payable. We are open to assessment by the Internal Revenue Service (“IRS”) for the 2014-2016 tax years, state tax jurisdictions for the 2013-2016 tax years, the Netherlands tax authority for the 2014-2016 tax years, the Spanish tax authority for the 2013-2016 tax years, the Israel tax authority for the 2014-2016 tax years, and the Italian tax authority for the 2013-2016 tax years.

Subsequent Event

Subsequent Event	6 Months Ended
	Jun. 30, 2018
Subsequent Events [Abstract]
Subsequent Events	Subsequent Event On July 27, 2018 we executed an agreement (the “Termination Agreement”) to terminate the lease agreement dated April 19, 2013 between John Arrillaga Survivor’s Trust, represented by John Arrillaga, Trustee, and Richard T. Peery Separate Property Trust, represented by Richard T. Peery, Trustee and the Company, pursuant to which the Company had leased a portion of an approximately 108,000 square foot, two-story building located at 6700 Dumbarton Circle, Fremont, CA, near the Company’s headquarters. The Company has moved the operations and personnel from the formerly leased facility into our adjacent owned headquarters building. As of July 27, 2018 , prior to executing the Termination Agreement, the underlying lease had a remaining term of ten years and minimum non-cancellable lease payments of $16.0 million . The Termination Agreement requires us to pay total penalties of $0.8 million , which will be charged to restructuring expense. For accounting purposes we are the owner of the property. As of June 30, 2018, we have included in property and equipment, net an asset with a net book value of $13.6 million . We also have a liability of $13.9 million on the Condensed Consolidated Balance Sheet as of June 30, 2018 representing the present value of the lease obligation. We expect to derecognize the asset and liability associated with this property as part of the accounting for the termination of this lease.

Basis of Presentation and Sig24

Basis of Presentation and Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2018
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited interim condensed consolidated financial statements (“condensed consolidated financial statements”) include the accounts of Electronics For Imaging, Inc. and its subsidiaries (“EFI” or “Company”). All intercompany accounts and transactions have been eliminated in consolidation. These condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States (“GAAP”) for interim financial information, rules and regulations of the Securities and Exchange Commission (“SEC”) for interim financial statements, and accounting policies consistent in all material respects with those applied in preparing our audited annual consolidated financial statements included in our Annual Report on Form 10-K, as amended by Amendment No. 1, for the year ended December 31, 2017 (the “2017 Form 10-K”). These condensed consolidated financial statements and accompanying notes should be read in conjunction with our annual consolidated financial statements and the notes included in the 2017 Form 10-K. In the opinion of management, these condensed consolidated financial statements reflect all adjustments, including normal recurring adjustments, management considers necessary for the fair presentation of our financial position, operating results, comprehensive income, and cash flows for the interim periods presented. Our results for the interim periods are not necessarily indicative of results for the entire year. Out-of-Period Adjustments In the three and six months ended June 30, 2017, we recorded out-of-period adjustments related to certain bill and hold transactions, which decreased revenue by $4.9 and $3.4 million , respectively, decreased gross profit by $0.9 and $0.5 million , respectively, and decreased net income by $0.6 and $0.3 million , respectively (or $0.01 per diluted share in both periods). We evaluated these adjustments considering both qualitative and quantitative factors, their impact in relation to each period, as well as the periods in which they originated. The impact of recognizing these adjustments in prior years was not significant to any individual period. Management believes these adjustments are immaterial to the condensed consolidated financial statements for the three and six months ended June 30, 2017 and all previously issued financial statements.
Recent Accounting Pronouncements	Recently Adopted Accounting Pronouncements Revenue Recognition . Effective January 1, 2018, we adopted Accounting Standards Codification (“ASC”) 606 Revenue from Contracts with Customers (“ASC 606”) using the modified retrospective method applied to all incomplete contracts as of the date of initial application. ASC 606 supersedes the revenue recognition requirements in ASC 605, Revenue Recognition (“ASC 605”), and requires the recognition of revenue when promised goods or services are transferred to customers in an amount that reflects the considerations to which the entity expects to be entitled to in exchange for those goods or services. In addition, ASC 606 requires disclosure of the nature, amount, timing, and uncertainty of revenue and cash flows arising from contracts with customers. Effective January 1, 2018, we also adopted ASC 340-40, Other Assets and Deferred Costs – Contracts with Customers (“ASC 340-40”), using the modified retrospective method to all incomplete contracts as of the date of initial application. ASC 340-40 requires the deferral of incremental costs of obtaining a contract with a customer. Results for reporting periods beginning after January 1, 2018 are presented under ASC 606 and ASC 340-40, while prior period amounts are not adjusted and continue to be reported in accordance with our historic accounting under ASC 605. Additional discussion of these recently adopted pronouncements is included below under Significant Accounting Policies, in Note 4 – Revenue , and in Note 5 – Supplemental Financial Statement Information . Income Taxes . Staff Accounting Bulletin (“SAB”) 118 provides guidance for the application of ASC 740 for a measurement period to complete the accounting for certain elements of the Tax Cut & Jobs Act of 2017 (the “2017 Tax Act”). The measurement period is defined as up to one year from the enactment date, which will expire on December 22, 2018. SAB 118 requires that we recognize those income tax effects in our financial statements for which the accounting can be completed, as may be the case for the effect of rate changes on deferred tax assets and deferred tax liabilities. For matters that have not been completed, we are required to recognize provisional amounts to the extent that they are reasonably estimable, adjust them during the measurement period when more information becomes available, and report this information in our financial statements in that period. See additional information in Note 14 – Income Taxes. Restricted Cash . Accounting Standard Update (“ASU”) 2016-18, Statement of Cash Flows: Restricted Cash , became effective in the first quarter of 2018 requiring the statement of cash flows to explain the change in cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents. Therefore, amounts generally described as restricted cash and restricted cash equivalents are included with cash and cash equivalents when reconciling the beginning-of-period and end-of-period total amounts in the statement of cash flows. We previously included the changes in restricted cash equivalents in operating or investing activities in the Consolidated Statements of Cash Flows. Prior period amounts have been revised to conform to the current year presentation. Reconciliation of cash, cash equivalents, and restricted cash equivalents (in thousands) June 30, 2018 December 31, 2017 June 30, 2017 December 31, 2016 Cash and cash equivalents $ 179,507 $ 170,345 $ 158,577 $ 164,313 Restricted cash equivalents 39,809 32,531 5,322 1,142 Total cash, cash equivalents, and restricted cash equivalents shown in the statement of cash flows $ 219,316 $ 202,876 $ 163,899 $ 165,455 Definition of a Business . In January 2017, the Financial Accounting Standard Board (“FASB’) issued ASU 2017-01, Business Combinations: Clarifying the Definition of a Business , which significantly narrows how businesses are defined and became effective in the first quarter of 2018. Under ASU 2017-01, when substantially all of the fair value of the gross assets acquired is concentrated in a single asset or group of similar identifiable assets, then the assets acquired do not constitute a business. If substantially all of the fair value of the gross assets acquired is not concentrated in a single asset or group of similar assets, then the assets acquired may constitute a business if certain criteria are met. We must determine whether the acquired gross assets and activities include an input and a “substantive” process that together “significantly” contribute to the ability to create an output. A framework and specific criteria are provided to assist with the evaluation of whether a process is “substantive” and “significantly contributes” to the ability to create an output. “Output” is narrowly defined to be consistent with the description of a performance obligation in the new revenue guidance or this ASU. Missing inputs and processes may not be replaced by integration with our own inputs and processes under the new guidance. The adoption of ASU 2017-1 did not impact our condensed consolidated financial statements as of June 30, 2018 because we did not acquire a business during the six months ended June 30, 2018 . Nonfinancial Asset Derecognition . In February 2017, the FASB issued ASU 2017-05, Other Income – Gains and Losses from the Derecognition of Nonfinancial Assets: Clarifying the Scope of Asset Derecognition and Accounting for Partial Sales of Nonfinancial Assets , which clarifies the scope of recent guidance as it relates to nonfinancial asset derecognition and the accounting for partial sales of nonfinancial assets. The ASU conforms the derecognition guidance as it relates to nonfinancial assets with the derecognition guidance in the new revenue standard (ASU 2014-9) and is not expected to have a material impact on the accounting for real estate dispositions. ASU 2017-5 became effective in the first quarter of 2018. During the six months ended June 30, 2018 , we did not have any non-financial asset derecognition transactions. Stock Compensation Modification . In May 2017, the FASB issued ASU 2017-09, Stock Compensation – Scope of Modification Accounting , which clarifies the scope of modification accounting for share-based payment arrangements, which became effective in the first quarter of 2018. Specifically, we do not apply modification accounting if the fair value, vesting conditions, and classification of the awards are the same immediately before and after the modification. We elected to adopt this guidance prospectively to awards modified on or after the adoption date. The adoption of ASU 2017-09 did not have a material impact on our condensed consolidated financial statements during the three and six months ended June 30, 2018 . Settlement of Convertible Debt . ASU 2016-15, Statement of Cash Flows: Classification of Certain Cash Receipts and Cash Payments , issued in August 2016, requires that cash settlements of principal amounts of debt instruments with coupon interest rates that are insignificant in relation to the effective interest rate of the debt must classify the portion of the principal payment attributable to the accreted interest related to the debt discount as cash outflows from operating activities. This is consistent with the classification of the coupon interest payments. ASU 2016-15 became effective in the first quarter of 2018. Accordingly, $63.6 million of the debt discount attributable to the difference between the 0.75% coupon interest rate on our 0.75% Convertible Senior Notes due 2019 (“Notes”) and the 4.98% ( 5.46% inclusive of debt issuance costs) effective interest rate will be classified as an operating cash outflow in the Condensed Consolidated Statement of Cash Flows upon any cash settlement of the Notes. If we settle the conversion of the Notes in cash on or prior to the maturity date of September 1, 2019 , the cash outflow of $63.6 million will be recorded in operating activities in the Condensed Consolidated Statement of Cash Flows. The Notes were not settled as of June 30, 2018 . We will apply ASU 2016-15 upon any cash settlement of the Notes. Recent Accounting Pronouncements Not Yet Adopted Lease Arrangements . Under current guidance, the classification of a lease by a lessee as either an operating or capital lease determines whether an asset and liability is recognized on the balance sheet. ASU 2016-2, Leases , which was issued in February 2016 and will be effective in the first quarter of 2019, requires that a lessee recognize an asset and liability on its balance sheet related to all leases with terms more than one year. For all leases, a lessee will be required to recognize a right-of-use asset and a lease liability, initially measured at the present value of the lease payments, in the statement of financial position. The right-to-use asset represents the right to use the underlying asset during the lease term. The recognition, measurement, and presentation of expenses and cash flows by a lessee 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 finance or operating lease are substantially the same as existing guidance except that the “bright line” percentages have been removed. Also, an additional criterion has been added in the new guidance to consider whether the underlying asset is of such a specialized nature that it is expected to have no alternative use to the lessor at the end of the lease term. Additional judgment will be required in applying the new lease guidance. • For finance leases, interest is recognized on the lease liability separately from depreciation of the right-of-use asset in the statement of operations. Principal repayments are classified within financing activities and interest payments are classified as operating activities in the statement of cash flows. • For operating leases, a lessee is required to recognize lease expense generally on a straight-line basis. All operating lease payments are classified as operating activities in the statement of cash flows. The current build-to-suit lease accounting guidance will be rescinded by the new guidance, although simplified guidance will remain regarding lessee control during the construction period. Consequently, the accounting for build-to-suit leases will be the same as operating leases unless the lessee control provisions are applicable. We expect to apply the additional transition method provided in ASU 2018-11, which allows us to initially apply the new leases standard at our January 1, 2019 adoption date and recognize a cumulative-effect adjustment to the opening balance of retained earnings. We have not yet quantified the impact, but the requirement to recognize a right-of-use asset and a lease liability related to operating leases will have a material impact on our financial position as reflected on our Consolidated Balance Sheets. The adoption of this standard to our lease transactions as lessee is not expected to have a material impact on our results of operations as reflected in our Consolidated Statements of Operations. We do not expect a material impact on our results of operations or financial position from adoption of this standard to our lease transactions as lessor.
Revenue Recognition	Revenue Recognition On January 1, 2018, we adopted ASC 606 using the modified retrospective method applied to those contracts that were not completed as of January 1, 2018. On January 1, 2018, we also adopted ASC 340-40 using the modified retrospective method applied to all contracts as of the date of initial application. We apply judgment in determining the customer’s ability and intention to pay. Judgments are made after considering a variety of factors including the customer’s historical payment experience, current creditworthiness, current economic impacts on the customer, past due balances, and significant one-time events or, in the case of a new customer, published credit and financial information. For customer arrangements that include multiple products or services, judgment is required to determine the standalone selling price (“SSP”) for each distinct performance obligation. Where an observable price is not available, we gather all reasonable available data points, consider adjustments based on market conditions, entity-specific factors, and the need to stratify selling prices into meaningful groups (e.g., geographic region) in determining SSP. We allocate the total contract consideration to each distinct performance obligation on a relative SSP basis. Revenue is then recognized in accordance with the timing of the transfer of control to the customer. Accounting for long-term contracts where we provide information technology system development and implementation services requires significant judgment to estimate total contract revenue and costs. For long-term contracts, we estimate the profit on a contract as the difference between the total estimated revenue and expected costs to complete the services. We then recognize that revenue and profit over the life of the contract. Contract estimates are based on various assumptions to project the outcome of future events that could span several years. A change in our estimate of total costs to complete could affect the profitability of our contracts. We review and update our contract-related estimates regularly, and the effects of changes, if any, are reflected in the Condensed Consolidated Statements of Operations in the period that they are determined. Changes in estimates related to certain types of contracts accounted for using an input method measure of progress, such as cost-to-cost, can occur over the life of a contract for a variety of reasons, including the availability of labor and labor productivity, the nature and complexity of the work to be performed, cost estimates, level of effort and/or other assumptions impacting revenue or cost to perform a contract. We recognize adjustments in estimated profit on contracts under the cumulative catch-up method. Under this method, the impact of the adjustment on profit recorded to date is recognized in the period the adjustment is identified. Revenue and profit in future periods of contract performance is recognized using the adjusted estimate. If, at any time, the estimate of contract profitability indicates an anticipated loss on the contract, we recognize the total loss in the quarter it is identified. Management exercises judgment to determine the period of benefit to amortize contract acquisition costs by considering factors such as expected renewals of customer contracts, duration of customer relationships and our technology development life cycle. Although we believe that the historical assumptions and estimates we have made are reasonable and appropriate, different assumptions and estimates could materially impact our reported financial results. Amortization of deferred contract acquisition costs is included in sales and marketing expense in the Condensed Consolidated Statements of Operations. We periodically review these deferred costs to determine whether events or changes in circumstances have occurred that could impact the period of benefit of these deferred contract acquisition costs. The nature of our products and services are as follows: Hardware . Our hardware, such as Industrial Inkjet printers and Fiery digital front ends (“DFEs”), is generally sold with software that is integral to the functionality of the product. In these cases, the hardware and software license are accounted for as a single performance obligation. The contract consideration is generally in the form of a fixed fee at contract inception and revenue is recognized at the point in time when control is transferred to the customer. Consideration received from customers may include trade-in printers, which are valued at the lower of cost or net realizable value. We offer shipping and handling services to customers related to the sale of hardware. We have elected the practical expedient to account for shipping and handling activities performed after transferring control of goods to our customer as a cost to fulfill the contract. The cost of shipping and handling is accrued at the point in which control transfers to the customer and revenue is recognized. Ink . We typically enter into contracts with our existing customer base of installed printers to purchase ink that is not bundled with other deliverables within the contract. The ink is accounted for as a single performance obligation and revenue is recognized at the point in time when control of ink is transferred to the customer. License . Our software license arrangements provide the customer with the right to install and use functional intellectual property (as it exists at the point in time at which the license is granted) for the duration of the contract term. Revenue from distinct software licenses is recognized at the point in time when the software is made available to the customer for download. Our software license arrangements are generally comprised of fixed license fees (“license fees”) that are payable upfront, annually, quarterly, or monthly based on negotiated customer payment terms. For software license arrangements in which a significant portion of the license fees are due more than 12 months after the software is delivered to the customer, a significant financing component may exist. The significant financing component is calculated as the difference between the stated value and present value of the software license fees and is recognized as interest income under the effective interest method over the contract term. The total software license fee net of the significant financing component is recognized as revenue at the point in time when the software is made available to the customer for download or when the software is shipped to the customer. In instances where the timing of revenue recognition and the timing of invoicing is one year or less, we follow the practical expedient and do not impute interest for these contracts. Maintenance . Our software license arrangements typically include an initial (bundled) post contract customer support (maintenance or “PCS”) term. Our promise to those customers who elect to purchase PCS represents a distinct, stand-ready performance obligation. Contract consideration is allocated to the PCS based on its relative SSP and revenue is recognized over the PCS term. Professional Services . We provide various professional services to customers, primarily project management, software implementation, and training. Revenues from arrangements to provide professional services are generally distinct from the other promises in the contract(s). The majority of our professional services contracts are billed on a time and materials basis and revenue is recognized over time as the services are performed. Software as a Service (“SaaS”) . Our SaaS-based arrangements provide customers with continuous access to the software solutions in the form of a service hosted in the cloud. These arrangements may include initial implementation and setup and/or on-going support that represent a single promise (i.e. each individual promised component is not distinct) to provide continuous access to the software solution. Any setup fees associated with our SaaS arrangements are recognized ratably over the contract term plus expected renewal periods. As the customer simultaneously receives and consumes the benefits as access is provided, our performance obligation under our SaaS-based arrangements is comprised of a series of distinct components delivered over time. Our SaaS-based arrangements consideration is typically fixed. Extended Service Plans (“ESP”) . For our hardware arrangements, we enter into contracts with customers to provide services to maintain and repair the hardware for an extended period. ESPs are classified as service-type warranties under ASC 606 as they are sold separately and provide services which are incremental to the assurance that the product will perform to the agreed upon standards. The ESPs are accounted for as a separate performance obligation. Revenue from ESPs are recognized ratably over the contract period as the service is provided.

Basis of Presentation and Sig25

Basis of Presentation and Significant Accounting Policies (Tables)	6 Months Ended
	Jun. 30, 2018
Accounting Policies [Abstract]
Reconciliation of Cash, cash equivalents, and restricted cash equivalents	Reconciliation of cash, cash equivalents, and restricted cash equivalents (in thousands) June 30, 2018 December 31, 2017 June 30, 2017 December 31, 2016 Cash and cash equivalents $ 179,507 $ 170,345 $ 158,577 $ 164,313 Restricted cash equivalents 39,809 32,531 5,322 1,142 Total cash, cash equivalents, and restricted cash equivalents shown in the statement of cash flows $ 219,316 $ 202,876 $ 163,899 $ 165,455

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2018
Earnings Per Share [Abstract]
Basic and Diluted Earnings Per Share	Basic and diluted earnings per share are reconciled as follows (in thousands, except per share amounts): Three Months Ended June 30, Six Months Ended June 30, 2018 2017 2018 2017 Basic net income per share: Net income available to common shareholders $ 3,768 $ 2,759 $ 173 $ 7,546 Weighted average common shares outstanding 44,691 46,429 44,860 46,490 Basic net income per share $ 0.08 $ 0.06 $ — $ 0.16 Diluted net income per share: Net income available to common shareholders $ 3,768 $ 2,759 $ 173 $ 7,546 Weighted average common shares outstanding 44,691 46,429 44,860 46,490 Dilutive stock options and non-vested RSUs and PSUs 748 721 601 709 Weighted average common shares outstanding for purposes of computing diluted net income per share 45,439 47,150 45,461 47,199 Diluted net income per share $ 0.08 $ 0.06 $ — $ 0.16
Summary of Anti-dilutive Securities Excluded from Computation of Earnings Per Share	Potential shares of common stock that were not included in the determination of diluted net income per share because the impact of including them would have been anti-dilutive or performance conditions have not been met, consisted of the following (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2018 2017 2018 2017 RSUs & PSUs 592 437 446 399 ESPP purchase rights 799 — 1,113 476 Total potential shares of common stock excluded from the computation of diluted earnings per share 1,391 437 1,559 875

Segment and Geographic Inform27

Segment and Geographic Information (Tables)	6 Months Ended
	Jun. 30, 2018
Segment Reporting [Abstract]
Summary of Revenue and Operating Segment Profit (Gross Profit), Excluding Stock-Based Compensation Expense by Segment	Our revenue and gross profit (i.e., gross profit excluding stock-based compensation expense and amortization of the fair value adjustment on acquired FFPS inventory) by operating segment are summarized as follows (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2018 2017 2018 2017 Industrial Inkjet Revenue $ 156,434 $ 141,693 $ 298,643 $ 264,956 Gross profit 54,983 52,510 104,690 101,580 Gross profit percentages 35.1 % 37.1 % 35.1 % 38.3 % Productivity Software Revenue $ 41,612 $ 39,063 $ 85,387 $ 74,121 Gross profit 29,181 29,168 60,594 54,764 Gross profit percentages 70.1 % 74.7 % 71.0 % 73.9 % Fiery Revenue $ 63,026 $ 66,291 $ 116,908 $ 136,661 Gross profit 45,467 46,239 84,222 95,937 Gross profit percentages 72.1 % 69.8 % 72.0 % 70.2 %
Reconciliation of Operating Segment Gross Profit to Condensed Consolidated Statements of Operations	Operating segment profit is reconciled to our Condensed Consolidated Statements of Operations as follows (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2018 2017 2018 2017 Segment gross profit $ 129,631 $ 127,917 $ 249,506 $ 252,281 Stock-based compensation expense (1,043 ) (665 ) (1,811 ) (1,499 ) Gross profit $ 128,588 $ 127,252 $ 247,695 $ 250,782
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, 2018 Industrial Inkjet Productivity Software Fiery Corporate and Unallocated Net Assets Total Goodwill $ 150,682 $ 170,632 $ 74,107 $ — $ 395,421 Identified intangible assets, net 52,216 28,272 17,048 — 97,536 Tangible assets, net of liabilities 240,548 (22,908 ) 11,030 45,729 274,399 Net tangible and intangible assets $ 443,446 $ 175,996 $ 102,185 $ 45,729 $ 767,356 December 31, 2017 Goodwill $ 154,373 $ 174,644 $ 74,261 $ — $ 403,278 Identified intangible assets, net 66,547 36,379 20,082 — 123,008 Tangible assets, net of liabilities 221,933 (27,755 ) 11,286 49,561 255,025 Net tangible and intangible assets $ 442,853 $ 183,268 $ 105,629 $ 49,561 $ 781,311
Revenue by Ship-to Destination	summarized as follows (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2018 2017 2018 2017 Americas $ 122,294 $ 114,014 $ 239,679 $ 223,909 Europe, Middle East, and Africa (“EMEA”) 94,010 101,513 182,185 189,546 Asia Pacific (“APAC”) 44,768 31,520 79,074 62,283 Total revenue $ 261,072 $ 247,047 $ 500,938 $ 475,738

Revenue (Tables)

Revenue (Tables)	6 Months Ended
	Jun. 30, 2018
Revenue from Contract with Customer [Abstract]
Schedule of New Accounting Pronouncements and Changes in Accounting Principles	The cumulative effect of applying ASC 606 and ASC 340-40 to active contracts as of the adoption date resulted in the following adjustments to the Condensed Consolidated Balance Sheet as of January 1, 2018 (in thousands): As previously Reported at ASC 606 Adjustments As Adjusted Assets Accounts receivable, net $ 244,416 $ 102 $ 244,518 Other current assets 41,799 (1,628 ) 40,171 Deferred tax assets 45,083 (1,466 ) 43,617 Other assets 15,504 8,062 23,566 Liabilities Deferred revenue 55,833 (95 ) 55,738 Noncurrent contingent and other liabilities 28,801 491 29,292 Stockholders’ equity: Retained earnings 402,544 4,674 407,218 The impact of adopting ASC 606 and ASC 340-40 on our Condensed Consolidated Statement of Operations is summarized as follows (in thousands): Three Months Ended June 30, 2018 Six Months Ended June 30, 2018 Amounts in Amounts in Effect of change Amounts in Accordance with ASC 606 Amounts in Accordance with ASC 605 Effect of change higher (lower) Revenue $ 261,072 $ 260,195 $ 877 $ 500,938 $ 498,602 $ 2,336 Cost of revenue 132,484 132,625 (141 ) 253,243 253,442 (199 ) Gross profit 128,588 127,570 1,018 247,695 245,160 2,535 Operating expenses 114,944 115,069 (125 ) 236,116 236,102 14 Income from operations 13,644 12,501 1,143 11,579 9,058 2,521 Interest income and other income (expense), net (355 ) (490 ) 135 934 624 310 Income before income taxes 8,300 7,022 1,278 2,570 (261 ) 2,831 Provision for income taxes (4,532 ) (4,386 ) (146 ) (2,397 ) (2,102 ) (295 ) Net income 3,768 2,636 1,132 173 (2,363 ) 2,536 The impact of adopting ASC 606 and ASC 340-40 on our Condensed Consolidated Balance Sheet as of June 30, 2018 was as follows (in thousands): Amounts in Accordance with ASC 606 Amounts in Accordance with ASC 605 Effect of change higher (lower) Assets Accounts receivable, net $ 243,400 $ 240,814 $ 2,586 Other current assets 57,814 59,243 (1,429 ) Deferred tax assets 44,384 46,145 (1,761 ) Other assets 29,885 21,837 8,048 Liabilities Deferred revenue 66,581 66,735 (154 ) Noncurrent contingent and other liabilities 20,185 19,798 387 Stockholders’ equity Retained earnings 407,392 400,181 7,211
Summary of Disaggregated Revenue by Source	The following table presents our disaggregated revenue by source (in thousands). Sales and usage-based taxes are excluded from revenue: Three Months Ended June 30, 2018 Six Months Ended June 30, 2018 Industrial Productivity Fiery Total Industrial Inkjet Productivity Software Fiery Total Major Products and Service Lines: Industrial Inkjet Printers and parts $ 97,599 $ — $ — $ 97,599 $ 185,973 $ — $ — $ 185,973 Ink, supplies, and maintenance 58,835 — — 58,835 112,670 — — 112,670 Productivity Software — Licenses — 10,656 — 10,656 — 23,312 — 23,312 Professional services — 8,025 — 8,025 — 15,570 — 15,570 Maintenance and subscriptions — 22,931 — 22,931 — 46,505 — 46,505 Fiery — Digital front ends and related products — — 59,360 59,360 — — 109,456 109,456 Maintenance and subscriptions — — 3,666 3,666 — — 7,452 7,452 Total $ 156,434 $ 41,612 $ 63,026 $ 261,072 $ 298,643 $ 85,387 $ 116,908 $ 500,938 Timing of Revenue Recognition: Transferred at a Point in Time $ 151,149 $ 10,656 $ 59,360 $ 221,165 $ 288,259 $ 23,312 $ 109,456 $ 421,027 Transferred Over Time 5,285 30,956 3,666 39,907 10,384 62,075 7,452 79,911 Total $ 156,434 $ 41,612 $ 63,026 $ 261,072 $ 298,643 $ 85,387 $ 116,908 $ 500,938 Recurring/Non-Recurring: Non-Recurring $ 97,599 $ 18,681 $ 59,360 $ 175,640 $ 185,973 $ 38,882 $ 109,456 $ 334,311 Recurring 58,835 22,931 3,666 85,432 112,670 46,505 7,452 166,627 Total $ 156,434 $ 41,612 $ 63,026 $ 261,072 $ 298,643 $ 85,387 $ 116,908 $ 500,938
Summary of Unbilled Accounts Receivable and Deferred Revenue	The following table reflects the balances in unbilled accounts receivable and deferred revenue (in thousands): June 30, 2018 January 1, 2018 Unbilled accounts receivable – current $ 30,557 $ 23,296 Unbilled accounts receivable – noncurrent 4,055 4,122 Deferred revenue – current 66,581 55,738 Deferred revenue – noncurrent 434 565

Supplemental Financial Statem29

Supplemental Financial Statement Information Details (Tables)	6 Months Ended
	Jun. 30, 2018
Supplemental Financial Statement Information [Abstract]
Summary of Supplemental Cash Flow Information	Supplemental Cash Flow Information Six Months Ended June 30, (in thousands) 2018 2017 Net cash paid for income taxes $ 8,799 $ 7,115 Cash paid for interest expense 1,560 2,011 Property, equipment, and intellectual property received, but not paid 1,472 843
Schedule of Inventories	Inventories are summarized as follows (in thousands): June 30, 2018 December 31, 2017 Raw materials $ 50,416 $ 57,061 Work-in-process 12,831 9,792 Finished goods 54,868 58,960 Total $ 118,115 $ 125,813
Schedule of Changes in Product Warranty Reserves	The changes in product warranty reserves are as follows (in thousands): June 30, 2018 2017 Beginning balance $ 16,335 $ 10,319 Liability assumed upon acquiring FFPS — 9,368 Provisions, net of releases 4,265 4,790 Settlements (6,795 ) (6,254 ) Ending balance $ 13,805 $ 18,223
Schedule of Equipment Subject to Operating Leases	Equipment subject to operating leases was as follows (in thousands): June 30, 2018 December 31, 2017 Equipment subject to operating leases $ 8,025 $ 5,432 Accumulated depreciation (2,788 ) (1,927 ) Equipment subject to operating leases, net $ 5,237 $ 3,505
Schedule of Minimum Future Rental Revenues on Operating Leases	Scheduled minimum future rental revenue on operating leases as of June 30, 2018 was as follows (in thousands): Remainder of 2018 $ 1,120 2019 2,244 2020 2,826 2021 384 2022 432 $ 7,006
Schedule of Accumulated Other Comprehensive Income (Loss)	AOCI classified within stockholders’ equity in our Condensed Consolidated Balance Sheets was as follows (in thousands): June 30, 2018 December 31, 2017 Net unrealized investment losses $ (1,122 ) $ (697 ) Currency translation gains (losses) (4,080 ) 8,794 Net unrealized gains on cash flow hedges — 41 Total $ (5,202 ) $ 8,138

Accounts Receivable (Tables)

Accounts Receivable (Tables)	6 Months Ended
	Jun. 30, 2018
Receivables [Abstract]
Schedule of Accounts, Notes, Loans and Financing Receivable	Our financing receivables are summarized as follows (in thousands): June 30, 2018 December 31, 2017 Sales-type lease receivables $ 22,147 $ 16,558 Trade receivables 12,121 12,125 Total financing receivables $ 34,268 $ 28,683 Scheduled to be received in excess of one year $ 18,352 $ 15,191

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2018
Fair Value Disclosures [Abstract]
Available-for-Sale Short-Term Investments	Our available-for-sale short-term investments are summarized as follows (in thousands): Amortized cost Gross unrealized gains Gross unrealized losses Fair value June 30, 2018 U.S. Government and sponsored entities $ 59,822 $ — $ (773 ) $ 59,049 Corporate debt securities 66,529 — (662 ) 65,867 Municipal securities 382 — (3 ) 379 Asset-backed securities 8,545 35 (77 ) 8,503 Mortgage-backed securities – residential 210 — (2 ) 208 Total short-term investments $ 135,488 $ 35 $ (1,517 ) $ 134,006 December 31, 2017 U.S. Government and sponsored entities $ 59,824 $ — $ (660 ) $ 59,164 Corporate debt securities 79,356 — (450 ) 78,906 Municipal securities 382 — (2 ) 380 Asset-backed securities 9,808 44 (47 ) 9,805 Mortgage-backed securities – residential 445 — (3 ) 442 Total short-term investments $ 149,815 $ 44 $ (1,162 ) $ 148,697 The fair value and duration that investments, including cash equivalents, have been in a gross unrealized loss position below are as follows (in thousands): Less than 12 Months More than 12 Months Total Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses June 30, 2018 U.S. Government and sponsored entities $ 22,889 $ (346 ) $ 36,008 $ (427 ) $ 58,897 $ (773 ) Corporate debt securities 32,229 (349 ) 33,293 (313 ) 65,522 (662 ) Municipal securities 377 (3 ) — — 377 (3 ) Asset-backed securities 4,302 (56 ) 4,134 (21 ) 8,436 (77 ) Mortgage-backed securities – residential 11 — 160 (2 ) 171 (2 ) Total $ 59,808 $ (754 ) $ 73,595 $ (763 ) $ 133,403 $ (1,517 ) December 31, 2017 U.S. Government and sponsored entities $ 23,023 $ (206 ) $ 35,989 $ (454 ) $ 59,012 $ (660 ) Corporate debt securities 45,857 (207 ) 32,634 (243 ) 78,491 (450 ) Municipal securities 378 (2 ) — — 378 (2 ) Asset-backed securities 6,779 (31 ) 2,947 (16 ) 9,726 (47 ) Mortgage-backed securities – residential 162 (2 ) 142 (1 ) 304 (3 ) Total $ 76,199 $ (448 ) $ 71,712 $ (714 ) $ 147,911 $ (1,162 )
Amortized Cost and Estimated Fair Value of Investments	Amortized cost and estimated fair value of investments as of June 30, 2018 , are summarized as follows (in thousands): Amortized cost Fair value Mature in less than one year $ 78,377 $ 77,843 Mature in one to three years 57,111 56,163 Total short-term investments $ 135,488 $ 134,006
Investments in Accordance with Fair Value Hierarchy	Our assets and liabilities measured at fair value by levels within the fair value hierarchy are summarized as follows (in thousands): June 30, 2018 December 31, 2017 Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Assets: Money market funds $ 1,017 $ — $ — $ 1,017 $ 9,897 $ — $ — $ 9,897 U.S. Government and sponsored entities 33,207 25,842 — 59,049 33,261 25,903 — 59,164 Corporate debt securities — 65,867 — 65,867 — 78,906 — 78,906 Municipal securities — 378 — 378 — 380 — 380 Asset-backed securities — 8,462 43 8,505 — 9,754 51 9,805 Mortgage-backed securities – residential — 208 — 208 — 442 — 442 $ 34,224 $ 100,757 $ 43 $ 135,024 $ 43,158 $ 115,385 $ 51 $ 158,594 Liabilities: Contingent consideration, current and noncurrent $ — $ — $ 22,129 $ 22,129 $ — $ — $ 35,702 $ 35,702 Self-insurance — — 969 969 — — 902 902 $ — $ — $ 23,098 $ 23,098 $ — $ — $ 36,604 $ 36,604
Summary of Changes in Fair Value Contingent Consideration	Changes in the fair value of contingent consideration are summarized as follows (in thousands): Fair value of contingent consideration as of January 1, 2017 $ 56,463 Fair value of Generation Digital contingent consideration at August 14, 2017 3,600 Fair value of Escada contingent consideration at October 1, 2017 2,049 Escrow adjustment for Reggiani acquisition (4,711 ) Changes in valuation 4,761 Earnout accretion 1,711 Payments and settlements (30,924 ) Foreign currency adjustment 2,753 Fair value of contingent consideration at December 31, 2017 $ 35,702 Changes in valuation (12,775 ) Earnout accretion 104 Payments (751 ) Foreign currency adjustment (151 ) Fair value of contingent consideration as of June 30, 2018 $ 22,129

Derivatives and Hedging (Tables

Derivatives and Hedging (Tables)	6 Months Ended
	Jun. 30, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Balance Sheet Hedges Cover Currency Exposures in Notional Amounts	These balance sheet hedges cover currency exposures in the following line items in the notional amounts indicated (in thousands): Balance sheet categories June 30, 2018 December 31, 2017 Accounts Receivable $ 50,010 $ 44,427 Other assets and liabilities, net 39,367 46,550 Intercompany balances 161,351 144,477 Total $ 250,728 $ 235,454

Convertible Senior Notes (Table

Convertible Senior Notes (Tables)	6 Months Ended
	Jun. 30, 2018
Debt Disclosure [Abstract]
Schedule of Convertible Notes	The Notes consisted of the following (in thousands): June 30, 2018 December 31, 2017 Liability component $ 345,000 $ 345,000 Debt discount, net of amortization (16,423 ) (23,178 ) Debt issuance costs, net of amortization (2,065 ) (2,865 ) Net carrying amount $ 326,512 $ 318,957 Equity component $ 63,643 $ 63,643 Less: debt issuance costs allocated to equity (1,582 ) (1,582 ) Net carrying amount $ 62,061 $ 62,061
Summary of Interest Expense Recognized Related to Notes	Interest expense recognized on the Notes was as follows (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2018 2017 2018 2017 0.75% coupon $ 654 $ 647 $ 1,301 $ 1,287 Amortization of debt discount 3,355 3,249 6,755 6,420 Amortization of debt issuance costs 397 354 800 699 Total $ 4,406 $ 4,250 $ 8,856 $ 8,406

Stock-based Compensation (Table

Stock-based Compensation (Tables)	6 Months Ended
	Jun. 30, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Stock-Based Compensation Expense	Stock-based compensation expense related to ESPP purchase rights and RSUs is summarized as follows (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2018 2017 2018 2017 Stock-based compensation expense by type of awards RSUs $ 9,883 $ 6,093 $ 15,206 $ 15,330 ESPP purchase rights 1,903 1,520 3,349 2,563 Total stock-based compensation expense 11,786 7,613 18,555 17,893 Income tax benefit (1,831 ) (2,531 ) (2,670 ) (5,404 ) Stock-based compensation expense, net of tax $ 9,955 $ 5,082 $ 15,885 $ 12,489
Schedule of ESPP Purchase Rights and Underlying Weighted Average Assumptions	The estimated weighted average fair value per share and underlying assumptions of ESPP purchase rights issued were as follows: ESPP Purchase Rights: Six Months Ended June 30, 2018 2017 Weighted average fair value per share $ 9.03 $ 12.03 Expected volatility 59% - 107% 24% - 28% Risk-free interest rate 1.6% - 2.2% 0.7% - 1.2% Expected term (in years) 0.5 - 2.0 0.5 - 2.0
Schedule of Non-Vested RSUs	Non-vested RSU activity during the six months ended June 30, 2018 are summarized below (shares in thousands): Time-based Performance-based Market-based Total Shares Weighted average grant date fair value Shares Weighted average grant date fair value Shares Weighted average grant date fair value Shares Weighted average grant date fair value Non-vested at January 1, 2018 1,048 $ 35.76 1,209 $ 42.18 23 $ 35.15 2,280 $ 39.16 Granted 491 28.03 478 28.26 — — 969 28.14 Vested (106 ) 32.44 (20 ) 44.83 — — (126 ) 34.42 Forfeited (67 ) 35.67 (579 ) 45.35 — — (646 ) 44.34 Non-vested at June 30, 2018 1,366 33.24 1,088 34.32 23 35.15 2,477 33.73
Schedule of Weighted Average Grant Date Fair Value Per Share of Performance-Based RSUs Assumptions Used to Estimate Fair Value	The weighted average grant date fair value per share of performance-based RSUs granted and the assumptions used to estimate grant date fair value are as follows: Short-term Long-term Six Months Ended June 30, 2018 Grant date fair value per share $ 28.26 $ — Service period (years) 1.0 N/A Six Months Ended June 30, 2017 Grant date fair value per share $ 47.23 $ 45.96 Service period (years) 1.0 2.0 - 3.0

Restructuring and Other (Tables

Restructuring and Other (Tables)	6 Months Ended
	Jun. 30, 2018
Restructuring and Related Activities [Abstract]
Restructuring and Other Reserve Activities	Restructuring and other reserve activities are summarized as follows (in thousands): Six Months Ended June 30, 2018 2017 Beginning reserve balance $ 2,452 $ 1,824 Restructuring charges 4,596 3,502 Other charges 3,082 1,087 Non-cash restructuring and other (413 ) (117 ) Payments (6,703 ) (2,926 ) Ending reserve balance $ 3,014 $ 3,370

Income Taxes (Tables)

Income Taxes (Tables)	6 Months Ended
	Jun. 30, 2018
Income Tax Disclosure [Abstract]
Tax Provisions before Discrete Items Reconciled to Recorded Provision for (Benefits from) Income Taxes	Our tax provision for income taxes before discrete items is reconciled to our recorded provision for income taxes, as follows (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2018 2017 2018 2017 Provision for income taxes before discrete items $ 4,457 $ 1,571 $ 1,037 $ 2,653 Interest related to unrecognized tax benefits 113 64 225 99 Provision for (benefit from) stock based compensation, including ESPP dispositions 49 (771 ) 26 (2,339 ) Benefit from reversals of uncertain tax positions (46 ) — (233 ) — Provision for (benefit from) reassessment of taxes upon filing tax returns (41 ) 157 (41 ) 72 Provision for (benefit from) reassessment of taxes upon tax law change — — 161 (481 ) Provision for deemed repatriation transition tax — — 1,222 — Provision for income taxes $ 4,532 $ 1,021 $ 2,397 $ 4

Basis of Presentation and Sig37

Basis of Presentation and Significant Accounting Policies - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Sep. 30, 2014
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Revenue	$ (261,072)	$ (247,047)	$ (500,938)	$ (475,738)
Gross profit	(128,588)	(127,252)	(247,695)	(250,782)
Net loss	$ (3,768)	$ (2,759)	$ (173)	$ (7,546)
Net income per diluted common share (in usd per share)	$ (0.08)	$ (0.06)	$ 0	$ (0.16)
Interest rate of debt, stated percentage	0.75%		0.75%
0.75% Convertible Senior Notes Due 2019
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Debt discount	$ 63,600		$ 63,600
Interest rate of debt, stated percentage	0.75%		0.75%		0.75%
Effective interest rate percentage	4.98%		4.98%		4.98%
Debt issuance costs | 0.75% Convertible Senior Notes Due 2019
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Effective interest rate percentage	5.46%		5.46%		5.46%
Out Of Period Adjustment For Bill And Hold Transactions
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Revenue		$ 4,900		$ 3,400
Gross profit		900		500
Net loss		$ 600		$ 300
Net income per diluted common share (in usd per share)		$ 0.01		$ 0.01

Basis of Presentation and Sig38

Basis of Presentation and Significant Accounting Policies - Cash, cash equivalents, and restricted cash equivalents (Detail) - USD ($) $ in Thousands		Jun. 30, 2018	Dec. 31, 2017	Jun. 30, 2017	Dec. 31, 2016
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents [Abstract]
Cash and cash equivalents		$ 179,507	$ 170,345	$ 158,577	$ 164,313
Restricted cash equivalents		39,809	32,531	5,322	1,142
Total cash, cash equivalents, and restricted cash equivalents shown in the statement of cash flows	[1]	$ 219,316	$ 202,876	$ 163,899	$ 165,455
[1]	Certain prior period amounts have been revised due to the implementation of ASU 2016-18. See Note 1 for details.

Earnings Per Share - Basic and

Earnings Per Share - Basic and Diluted Earnings Per Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Basic net income per share:
Net income available to common shareholders	$ 3,768	$ 2,759	$ 173	$ 7,546
Weighted average common shares outstanding (in shares)	44,691	46,429	44,860	46,490
Basic net income per share (in usd per share)	$ 0.08	$ 0.06	$ 0	$ 0.16
Diluted net income per share:
Net income available to common shareholders	$ 3,768	$ 2,759	$ 173	$ 7,546
Weighted average common shares outstanding (in shares)	44,691	46,429	44,860	46,490
Dilutive stock options and non-vested RSUs and PSUs (in shares)	748	721	601	709
Weighted average common shares outstanding for purposes of computing diluted net income per share (in shares)	45,439	47,150	45,461	47,199
Diluted net income per share (in usd per share)	$ 0.08	$ 0.06	$ 0	$ 0.16

Earnings Per Share - Summary of

Earnings Per Share - Summary of Anti-dilutive Securities Excluded from Computation of Earnings Per Share (Detail) - shares shares in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total potential shares of common stock excluded from the computation of diluted earnings per share	1,391	437	1,559	875
RSUs & PSUs
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total potential shares of common stock excluded from the computation of diluted earnings per share	592	437	446	399
ESPP purchase rights
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total potential shares of common stock excluded from the computation of diluted earnings per share	799	0	1,113	476

Segment and Geographic Inform41

Segment and Geographic Information - Revenue and Operating Profit (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Segment Reporting Information [Line Items]
Revenue	$ 261,072	$ 247,047	$ 500,938	$ 475,738
Gross profit	128,588	127,252	247,695	250,782
Industrial Inkjet
Segment Reporting Information [Line Items]
Revenue	156,434	141,693	298,643	264,956
Gross profit	$ 54,983	$ 52,510	$ 104,690	$ 101,580
Gross profit percentages	35.10%	37.10%	35.10%	38.30%
Productivity Software
Segment Reporting Information [Line Items]
Revenue	$ 41,612	$ 39,063	$ 85,387	$ 74,121
Gross profit	$ 29,181	$ 29,168	$ 60,594	$ 54,764
Gross profit percentages	70.10%	74.70%	71.00%	73.90%
Fiery
Segment Reporting Information [Line Items]
Revenue	$ 63,026	$ 66,291	$ 116,908	$ 136,661
Gross profit	$ 45,467	$ 46,239	$ 84,222	$ 95,937
Gross profit percentages	72.10%	69.80%	72.00%	70.20%

Segment and Geographic Inform42

Segment and Geographic Information - Segment Gross Profit to Consolidated Operations (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Segment Reporting Information [Line Items]
Gross profit	$ 128,588	$ 127,252	$ 247,695	$ 250,782
Stock-based compensation expense	(11,786)	(7,613)	(18,555)	(17,893)
Segment gross profit
Segment Reporting Information [Line Items]
Gross profit	129,631	127,917	249,506	252,281
Stock-based compensation expense	$ (1,043)	$ (665)	$ (1,811)	$ (1,499)

Segment and Geographic Inform43

Segment and Geographic Information - Tangible and Intangible Assets (Detail) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Segment Reporting Information [Line Items]
Goodwill	$ 395,421	$ 403,278
Identified intangible assets, net	97,536	123,008
Tangible assets, net of liabilities	274,399	255,025
Net tangible and intangible assets	767,356	781,311
Operating Segment | Industrial Inkjet
Segment Reporting Information [Line Items]
Goodwill	150,682	154,373
Identified intangible assets, net	52,216	66,547
Tangible assets, net of liabilities	240,548	221,933
Net tangible and intangible assets	443,446	442,853
Operating Segment | Productivity Software
Segment Reporting Information [Line Items]
Goodwill	170,632	174,644
Identified intangible assets, net	28,272	36,379
Tangible assets, net of liabilities	(22,908)	(27,755)
Net tangible and intangible assets	175,996	183,268
Operating Segment | Fiery
Segment Reporting Information [Line Items]
Goodwill	74,107	74,261
Identified intangible assets, net	17,048	20,082
Tangible assets, net of liabilities	11,030	11,286
Net tangible and intangible assets	102,185	105,629
Corporate and Unallocated Net Assets
Segment Reporting Information [Line Items]
Goodwill	0	0
Identified intangible assets, net	0	0
Tangible assets, net of liabilities	45,729	49,561
Net tangible and intangible assets	$ 45,729	$ 49,561

Segment and Geographic Inform44

Segment and Geographic Information - Revenue by Ship-to Destination (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Segment Reporting Information [Line Items]
Revenue	$ 261,072	$ 247,047	$ 500,938	$ 475,738
Americas
Segment Reporting Information [Line Items]
Revenue	122,294	114,014	239,679	223,909
Europe, Middle East, and Africa (“EMEA”)
Segment Reporting Information [Line Items]
Revenue	94,010	101,513	182,185	189,546
Asia Pacific (“APAC”)
Segment Reporting Information [Line Items]
Revenue	$ 44,768	$ 31,520	$ 79,074	$ 62,283

Revenue - Additional Informatio

Revenue - Additional Information (Detail) - USD ($) $ in Millions	Jan. 01, 2018	Jun. 30, 2018	Jun. 30, 2018
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Revenue recognized		$ 11.8	$ 37.7
Asset, reclassified to receivable		$ 10.3	$ 21.9
Effect of change higher (lower)
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Cumulative Effect on Retained Earnings, Net of Tax	$ 4.7

Revenue Revenue - Balance Sheet

Revenue Revenue - Balance Sheet, Cumulative Effect (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Jan. 01, 2018	Dec. 31, 2017
Revenue from External Customer [Line Items]
Accounts receivable, net	$ 243,400	$ 244,518	$ 244,416
Other current assets	57,814	40,171	41,799
Deferred tax assets	44,384	43,617	45,083
Other assets	29,885	23,566	15,504
Deferred revenue	66,581	55,738	55,833
Noncurrent contingent and other liabilities	20,185	29,292	28,801
Retained earnings	407,392	$ 407,218	402,544
Amounts in Accordance with ASC 606
Revenue from External Customer [Line Items]
Accounts receivable, net	243,400
Other current assets	57,814
Deferred tax assets	44,384
Other assets	29,885
Deferred revenue	66,581
Noncurrent contingent and other liabilities	20,185
Retained earnings	$ 407,392
December 31, 2017
Revenue from External Customer [Line Items]
Accounts receivable, net			244,416
Other current assets			41,799
Deferred tax assets			45,083
Other assets			15,504
Deferred revenue			55,833
Noncurrent contingent and other liabilities			28,801
Retained earnings			402,544
ASC 606 Adjustments | Amounts in Accordance with ASC 606
Revenue from External Customer [Line Items]
Accounts receivable, net			102
Other current assets			(1,628)
Deferred tax assets			(1,466)
Other assets			8,062
Deferred revenue			(95)
Noncurrent contingent and other liabilities			491
Retained earnings			$ 4,674

Revenue Revenue - Statement of

Revenue Revenue - Statement of Operations (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Revenue from External Customer [Line Items]
Revenue		$ 261,072	$ 247,047	$ 500,938	$ 475,738
Cost of revenue	[1]	132,484	119,795	253,243	224,956
Gross profit		128,588	127,252	247,695	250,782
Operating expenses		114,944	119,261	236,116	234,648
Income from operations		13,644	7,991	11,579	16,134
Interest income and other income (expense), net		(355)	755	934	1,042
Income before income taxes		8,300	3,780	2,570	7,550
Provision for income taxes		(4,532)	(1,021)	(2,397)	(4)
Net income		3,768	$ 2,759	173	$ 7,546
Amounts in Accordance with ASC 606
Revenue from External Customer [Line Items]
Revenue		261,072		500,938
Cost of revenue		132,484		253,243
Gross profit		128,588		247,695
Operating expenses		114,944		236,116
Income from operations		13,644		11,579
Interest income and other income (expense), net		(355)		934
Income before income taxes		8,300		2,570
Provision for income taxes		(4,532)		(2,397)
Net income		3,768		173
Amounts in Accordance with ASC 605
Revenue from External Customer [Line Items]
Revenue		260,195		498,602
Cost of revenue		132,625		253,442
Gross profit		127,570		245,160
Operating expenses		115,069		236,102
Income from operations		12,501		9,058
Interest income and other income (expense), net		(490)		624
Income before income taxes		7,022		(261)
Provision for income taxes		(4,386)		(2,102)
Net income		2,636		(2,363)
Difference between Revenue Guidance in Effect before and after Topic 605, 606 [Member] | Effect of change higher (lower)
Revenue from External Customer [Line Items]
Revenue		877		2,336
Cost of revenue		(141)		(199)
Gross profit		1,018		2,535
Operating expenses		(125)		14
Income from operations		1,143		2,521
Interest income and other income (expense), net		135		310
Income before income taxes		1,278		2,831
Provision for income taxes		(146)		(295)
Net income		$ 1,132		$ 2,536
[1]	Includes stock-based compensation expense as follows: Three Months EndedJune 30, Six Months Ended June 30, 2018 2017 2018 2017Cost of revenue$1,043 $665 $1,811 $1,499Research and development3,513 2,346 5,868 5,916Sales and marketing2,591 1,773 4,390 4,068General and administrative4,638 2,829 6,486 6,410

Revenue Revenue - Balance She48

Revenue Revenue - Balance Sheet, Impact of Adoption (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Jan. 01, 2018	Dec. 31, 2017
Revenue from External Customer [Line Items]
Accounts receivable, net	$ 243,400	$ 244,518	$ 244,416
Other current assets	57,814	40,171	41,799
Deferred tax assets	44,384	43,617	45,083
Other assets	29,885	23,566	15,504
Deferred revenue	66,581	55,738	55,833
Noncurrent contingent and other liabilities	20,185	29,292	28,801
Retained earnings	407,392	$ 407,218	$ 402,544
Amounts in Accordance with ASC 606
Revenue from External Customer [Line Items]
Accounts receivable, net	243,400
Other current assets	57,814
Deferred tax assets	44,384
Other assets	29,885
Deferred revenue	66,581
Noncurrent contingent and other liabilities	20,185
Retained earnings	407,392
Amounts in Accordance with ASC 605
Revenue from External Customer [Line Items]
Accounts receivable, net	240,814
Other current assets	59,243
Deferred tax assets	46,145
Other assets	21,837
Deferred revenue	66,735
Noncurrent contingent and other liabilities	19,798
Retained earnings	400,181
Difference between Revenue Guidance in Effect before and after Topic 605, 606 [Member] | Effect of change higher (lower)
Revenue from External Customer [Line Items]
Accounts receivable, net	2,586
Other current assets	(1,429)
Deferred tax assets	(1,761)
Other assets	8,048
Deferred revenue	(154)
Noncurrent contingent and other liabilities	387
Retained earnings	$ 7,211

Revenue - Summary of Disaggrega

Revenue - Summary of Disaggregated Revenue by Source (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Disaggregation of Revenue [Line Items]
Revenue	$ 261,072	$ 247,047	$ 500,938	$ 475,738
Printers and parts
Disaggregation of Revenue [Line Items]
Revenue	97,599		185,973
Ink, supplies, and maintenance
Disaggregation of Revenue [Line Items]
Revenue	58,835		112,670
Licenses
Disaggregation of Revenue [Line Items]
Revenue	10,656		23,312
Professional services
Disaggregation of Revenue [Line Items]
Revenue	8,025		15,570
Maintenance and subscriptions
Disaggregation of Revenue [Line Items]
Revenue	22,931		46,505
Digital front ends and related products
Disaggregation of Revenue [Line Items]
Revenue	59,360		109,456
Maintenance and subscriptions
Disaggregation of Revenue [Line Items]
Revenue	3,666		7,452
Industrial Inkjet
Disaggregation of Revenue [Line Items]
Revenue	156,434	141,693	298,643	264,956
Industrial Inkjet | Printers and parts
Disaggregation of Revenue [Line Items]
Revenue	97,599		185,973
Industrial Inkjet | Ink, supplies, and maintenance
Disaggregation of Revenue [Line Items]
Revenue	58,835		112,670
Industrial Inkjet | Licenses
Disaggregation of Revenue [Line Items]
Revenue	0		0
Industrial Inkjet | Professional services
Disaggregation of Revenue [Line Items]
Revenue	0		0
Industrial Inkjet | Maintenance and subscriptions
Disaggregation of Revenue [Line Items]
Revenue	0		0
Industrial Inkjet | Digital front ends and related products
Disaggregation of Revenue [Line Items]
Revenue	0		0
Industrial Inkjet | Maintenance and subscriptions
Disaggregation of Revenue [Line Items]
Revenue	0		0
Productivity Software
Disaggregation of Revenue [Line Items]
Revenue	41,612	39,063	85,387	74,121
Productivity Software | Printers and parts
Disaggregation of Revenue [Line Items]
Revenue	0		0
Productivity Software | Ink, supplies, and maintenance
Disaggregation of Revenue [Line Items]
Revenue	0		0
Productivity Software | Licenses
Disaggregation of Revenue [Line Items]
Revenue	10,656		23,312
Productivity Software | Professional services
Disaggregation of Revenue [Line Items]
Revenue	8,025		15,570
Productivity Software | Maintenance and subscriptions
Disaggregation of Revenue [Line Items]
Revenue	22,931		46,505
Productivity Software | Digital front ends and related products
Disaggregation of Revenue [Line Items]
Revenue	0		0
Productivity Software | Maintenance and subscriptions
Disaggregation of Revenue [Line Items]
Revenue	0		0
Fiery
Disaggregation of Revenue [Line Items]
Revenue	63,026	$ 66,291	116,908	$ 136,661
Fiery | Printers and parts
Disaggregation of Revenue [Line Items]
Revenue	0		0
Fiery | Ink, supplies, and maintenance
Disaggregation of Revenue [Line Items]
Revenue	0		0
Fiery | Licenses
Disaggregation of Revenue [Line Items]
Revenue	0		0
Fiery | Professional services
Disaggregation of Revenue [Line Items]
Revenue	0		0
Fiery | Maintenance and subscriptions
Disaggregation of Revenue [Line Items]
Revenue	0		0
Fiery | Digital front ends and related products
Disaggregation of Revenue [Line Items]
Revenue	59,360		109,456
Fiery | Maintenance and subscriptions
Disaggregation of Revenue [Line Items]
Revenue	3,666		7,452
Transferred at a Point in Time
Disaggregation of Revenue [Line Items]
Revenue	221,165		421,027
Transferred at a Point in Time | Industrial Inkjet
Disaggregation of Revenue [Line Items]
Revenue	151,149		288,259
Transferred at a Point in Time | Productivity Software
Disaggregation of Revenue [Line Items]
Revenue	10,656		23,312
Transferred at a Point in Time | Fiery
Disaggregation of Revenue [Line Items]
Revenue	59,360		109,456
Transferred Over Time
Disaggregation of Revenue [Line Items]
Revenue	39,907		79,911
Transferred Over Time | Industrial Inkjet
Disaggregation of Revenue [Line Items]
Revenue	5,285		10,384
Transferred Over Time | Productivity Software
Disaggregation of Revenue [Line Items]
Revenue	30,956		62,075
Transferred Over Time | Fiery
Disaggregation of Revenue [Line Items]
Revenue	3,666		7,452
Non-Recurring
Disaggregation of Revenue [Line Items]
Revenue	175,640		334,311
Non-Recurring | Industrial Inkjet
Disaggregation of Revenue [Line Items]
Revenue	97,599		185,973
Non-Recurring | Productivity Software
Disaggregation of Revenue [Line Items]
Revenue	18,681		38,882
Non-Recurring | Fiery
Disaggregation of Revenue [Line Items]
Revenue	59,360		109,456
Recurring
Disaggregation of Revenue [Line Items]
Revenue	85,432		166,627
Recurring | Industrial Inkjet
Disaggregation of Revenue [Line Items]
Revenue	58,835		112,670
Recurring | Productivity Software
Disaggregation of Revenue [Line Items]
Revenue	22,931		46,505
Recurring | Fiery
Disaggregation of Revenue [Line Items]
Revenue	$ 3,666		$ 7,452

Revenue Revenue - Remaining Per

Revenue Revenue - Remaining Performance Obligation (Details) - Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2018-07-01 $ in Millions	Jun. 30, 2018USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligations	$ 128.2
Expect time to recognize revenue	12 months

Revenue - Summary of Unbilled A

Revenue - Summary of Unbilled Accounts Receivable and Deferred Revenue (Detail) - USD ($) $ in Thousands	Jun. 30, 2018	Jan. 01, 2018	Dec. 31, 2017
Revenue Recognition [Abstract]
Unbilled accounts receivable – current	$ 30,557	$ 23,296
Unbilled accounts receivable – noncurrent	4,055	4,122
Deferred revenue – current	66,581	55,738	$ 55,833
Deferred revenue – noncurrent	$ 434	$ 565

Supplemental Financial Statem52

Supplemental Financial Statement Information - Cash Flow Information (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Supplemental Financial Statement Information [Abstract]
Net cash paid for income taxes	$ 8,799	$ 7,115
Cash paid for interest expense	1,560	2,011
Property, equipment, and intellectual property received, but not paid	$ 1,472	$ 843

Supplemental Financial Statem53

Supplemental Financial Statement Information - Schedule of Inventories (Detail) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Supplemental Financial Statement Information [Abstract]
Raw materials	$ 50,416	$ 57,061
Work-in-process	12,831	9,792
Finished goods	54,868	58,960
Total	$ 118,115	$ 125,813

Supplemental Financial Statem54

Supplemental Financial Statement Information - Additional Information (Detail) - USD ($)		3 Months Ended		6 Months Ended
		Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Jan. 01, 2018	Dec. 31, 2017
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Capitalized contract acquisition costs						$ 8,100,000
Amortization of deferred contract acquisition costs		$ 1,000,000		$ 2,100,000
Impairment loss of capitalized contract acquisition costs		0		0
Change in Capitalized Contract Cost		1,100,000		2,100,000
Deferred cost of revenue		400,000		400,000			$ 3,500,000
Aggregate minimum future rental revenues		7,006,000		7,006,000
Reclassified amounts out of AOCI, net of tax	[1]	$ (9,000)	$ 17,000	$ (11,000)	$ 22,000
Minimum
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Deferred sales commissions amortization period				3 years
Maximum
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Deferred sales commissions amortization period				4 years
[1]	Tax effects were less than $0.1 million for the periods presented above.

Supplemental Financial Statem55

Supplemental Financial Statement Information - Product Warranty Reserves (Detail) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Movement in Standard and Extended Product Warranty Accrual, Increase (Decrease) [Roll Forward]
Beginning balance	$ 16,335	$ 10,319
Liability assumed upon acquiring FFPS	0	9,368
Provisions, net of releases	4,265	4,790
Settlements	(6,795)	(6,254)
Ending balance	$ 13,805	$ 18,223

Supplemental Financial Statem56

Supplemental Financial Statement Information - Equipment Subject to Operating Leases (Detail) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Supplemental Financial Statement Information [Abstract]
Equipment subject to operating leases	$ 8,025	$ 5,432
Accumulated depreciation	(2,788)	(1,927)
Equipment subject to operating leases, net	$ 5,237	$ 3,505

Supplemental Financial Statem57

Supplemental Financial Statement Information - Minimum Future Rental Revenues on Operating Leases (Detail) $ in Thousands	Jun. 30, 2018USD ($)
Supplemental Financial Statement Information [Abstract]
Remainder of 2018	$ 1,120
2,019	2,244
2,020	2,826
2,021	384
2,022	432
Total	$ 7,006

Supplemental Financial Statem58

Supplemental Financial Statement Information - Accumulated Other Comprehensive Income (Loss) (Detail) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Supplemental Financial Statement Information [Abstract]
Net unrealized investment losses	$ (1,122)	$ (697)
Currency translation gains (losses)	(4,080)	8,794
Net unrealized gains on cash flow hedges	0	41
Total	$ (5,202)	$ 8,138

Accounts Receivable - Financing

Accounts Receivable - Financing Receivables (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables	$ 34,268	$ 28,683
Sales-type lease receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables	22,147	16,558
Trade receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables	12,121	12,125
Scheduled to be received in excess of one year
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables	$ 18,352	$ 15,191

Accounts Receivable - Additiona

Accounts Receivable - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended	6 Months Ended	12 Months Ended
	Jun. 30, 2018	Jun. 30, 2018	Dec. 31, 2017
United States and Italy
Accounts, Notes, Loans and Financing Receivable [Line Items]
Trade receivables sold with recourse	$ 6.8	$ 10	$ 21.4
Spain and Italy
Accounts, Notes, Loans and Financing Receivable [Line Items]
Trade receivables sold without recourse	$ 4.3	$ 5.7	$ 5.9

Fair Value Measurements - Avail

Fair Value Measurements - Available-for-Sale Short-Term Investments (Detail) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Debt Securities, Available-for-sale [Line Items]
Amortized cost	$ 135,488	$ 149,815
Gross unrealized gains	35	44
Gross unrealized losses	(1,517)	(1,162)
Fair value	134,006	148,697
U.S. Government and sponsored entities
Debt Securities, Available-for-sale [Line Items]
Amortized cost	59,822	59,824
Gross unrealized gains	0	0
Gross unrealized losses	(773)	(660)
Fair value	59,049	59,164
Corporate debt securities
Debt Securities, Available-for-sale [Line Items]
Amortized cost	66,529	79,356
Gross unrealized gains	0	0
Gross unrealized losses	(662)	(450)
Fair value	65,867	78,906
Municipal securities
Debt Securities, Available-for-sale [Line Items]
Amortized cost	382	382
Gross unrealized gains	0	0
Gross unrealized losses	(3)	(2)
Fair value	379	380
Asset-backed securities
Debt Securities, Available-for-sale [Line Items]
Amortized cost	8,545	9,808
Gross unrealized gains	35	44
Gross unrealized losses	(77)	(47)
Fair value	8,503	9,805
Mortgage-backed securities – residential
Debt Securities, Available-for-sale [Line Items]
Amortized cost	210	445
Gross unrealized gains	0	0
Gross unrealized losses	(2)	(3)
Fair value	$ 208	$ 442

Fair Value Measurements - Gross

Fair Value Measurements - Gross Unrealized Loss Positions (Detail) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than 12 Months	$ 59,808	$ 76,199
Unrealized Losses, Less than 12 Months	(754)	(448)
Fair Value, More than 12 Months	73,595	71,712
Unrealized Losses, More than 12 Months	(763)	(714)
Fair Value, Total	133,403	147,911
Unrealized Losses, Total	(1,517)	(1,162)
U.S. Government and sponsored entities
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than 12 Months	22,889	23,023
Unrealized Losses, Less than 12 Months	(346)	(206)
Fair Value, More than 12 Months	36,008	35,989
Unrealized Losses, More than 12 Months	(427)	(454)
Fair Value, Total	58,897	59,012
Unrealized Losses, Total	(773)	(660)
Corporate debt securities
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than 12 Months	32,229	45,857
Unrealized Losses, Less than 12 Months	(349)	(207)
Fair Value, More than 12 Months	33,293	32,634
Unrealized Losses, More than 12 Months	(313)	(243)
Fair Value, Total	65,522	78,491
Unrealized Losses, Total	(662)	(450)
Municipal securities
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than 12 Months	377	378
Unrealized Losses, Less than 12 Months	(3)	(2)
Fair Value, More than 12 Months	0	0
Unrealized Losses, More than 12 Months	0	0
Fair Value, Total	377	378
Unrealized Losses, Total	(3)	(2)
Asset-backed securities
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than 12 Months	4,302	6,779
Unrealized Losses, Less than 12 Months	(56)	(31)
Fair Value, More than 12 Months	4,134	2,947
Unrealized Losses, More than 12 Months	(21)	(16)
Fair Value, Total	8,436	9,726
Unrealized Losses, Total	(77)	(47)
Mortgage-backed securities – residential
Debt Securities, Available-for-sale [Line Items]
Fair Value, Less than 12 Months	11	162
Unrealized Losses, Less than 12 Months	0	(2)
Fair Value, More than 12 Months	160	142
Unrealized Losses, More than 12 Months	(2)	(1)
Fair Value, Total	171	304
Unrealized Losses, Total	$ (2)	$ (3)

Fair Value Measurements - Amort

Fair Value Measurements - Amortized Cost and Estimated Fair Value (Detail) $ in Thousands	Jun. 30, 2018USD ($)
Amortized cost
Mature in less than one year	$ 78,377
Mature in one to three years	57,111
Total short-term investments	135,488
Fair value
Mature in less than one year	77,843
Mature in one to three years	56,163
Total short-term investments	$ 134,006

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Detail)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2018USD ($)security$ / shares	Jun. 30, 2017USD ($)	Jun. 30, 2018USD ($)security$ / shares	Jun. 30, 2017USD ($)	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)	Sep. 30, 2014USD ($)
Investments And Fair Value Measurements [Line Items]
Change in fair value of contingent consideration	$ 11,300,000	$ (100,000)	$ (12,775,000)	$ 899,000	$ 4,761,000
Net unrealized losses on sale of securities included in other comprehensive income			$ 1,500,000		1,100,000
Net Asset Value per share | $ / shares	$ 1		$ 1
Transfers between Level 1 and 2	$ 0	$ 0	$ 0	$ 0
Number of asset-backed securities collateralized by mortgage loans, reserved | security	2		2
Fair value of liability	$ 22,129,000		$ 22,129,000		35,702,000	$ 56,463,000
Contingent consideration, current	8,000,000		8,000,000
Contingent consideration, noncurrent	14,100,000		14,100,000
Increase in fair value of contingent consideration resulting from a change in discount rate			200,000
Decrease in fair value of contingent consideration resulting from a change in discount rate			200,000
Payments	100,000		751,000		30,924,000
Notional amount of derivative assets and liabilities	250,700,000		250,700,000		239,400,000
Increase in Fair Value
Investments And Fair Value Measurements [Line Items]
Change in fair value of contingent consideration			2,000,000
Decrease in Fair Value
Investments And Fair Value Measurements [Line Items]
Change in fair value of contingent consideration			1,700,000
Maximum Potential Payment
Investments And Fair Value Measurements [Line Items]
Payments			11,300,000
Designated as Cash Flow Hedges
Investments And Fair Value Measurements [Line Items]
Notional amount of derivative assets and liabilities	0		0		3,900,000
All Acquisitions
Investments And Fair Value Measurements [Line Items]
Fair value of liability	$ 22,100,000		$ 22,100,000		35,700,000
Reggiani
Investments And Fair Value Measurements [Line Items]
Payments					21,500,000
Optitex Ltd
Investments And Fair Value Measurements [Line Items]
Payments					6,800,000
Rialco Limited
Investments And Fair Value Measurements [Line Items]
Payments					1,300,000
Shuttleworth
Investments And Fair Value Measurements [Line Items]
Payments					$ 1,200,000
Earnout Achievement Probability Minimum
Investments And Fair Value Measurements [Line Items]
Probability of achieving revenue	50.00%		50.00%
Earnout Achievement Probability Maximum
Investments And Fair Value Measurements [Line Items]
Probability of achieving revenue	100.00%		100.00%
Minimum | All Acquisitions
Investments And Fair Value Measurements [Line Items]
Fair value key assumption risk-free discount rate			0.60%		0.60%
Maximum | All Acquisitions
Investments And Fair Value Measurements [Line Items]
Fair value key assumption risk-free discount rate			4.98%		4.98%
Level 1
Investments And Fair Value Measurements [Line Items]
Net Asset Value per share | $ / shares	$ 1		$ 1
Convertible Senior Notes Due Two Thousand Nineteen
Investments And Fair Value Measurements [Line Items]
Debt instrument, principal amount							$ 345,000,000
Debt instrument, fair value disclosure	$ 342,800,000		$ 342,800,000

Fair Value Measurements - Inves

Fair Value Measurements - Investments in Accordance with Hierarchy (Detail) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017	Dec. 31, 2016
Investments And Fair Value Measurements [Line Items]
Assets	$ 134,006	$ 148,697
Contingent consideration, current and noncurrent	22,129	35,702	$ 56,463
U.S. Government and sponsored entities
Investments And Fair Value Measurements [Line Items]
Assets	59,049	59,164
Corporate debt securities
Investments And Fair Value Measurements [Line Items]
Assets	65,867	78,906
Municipal securities
Investments And Fair Value Measurements [Line Items]
Assets	379	380
Asset-backed securities
Investments And Fair Value Measurements [Line Items]
Assets	8,503	9,805
Mortgage-backed securities – residential
Investments And Fair Value Measurements [Line Items]
Assets	208	442
Fair Value
Investments And Fair Value Measurements [Line Items]
Assets	135,024	158,594
Contingent consideration, current and noncurrent	22,129	35,702
Self-insurance	969	902
Liabilities	23,098	36,604
Fair Value | Money market funds
Investments And Fair Value Measurements [Line Items]
Assets	1,017	9,897
Fair Value | U.S. Government and sponsored entities
Investments And Fair Value Measurements [Line Items]
Assets	59,049	59,164
Fair Value | Corporate debt securities
Investments And Fair Value Measurements [Line Items]
Assets	65,867	78,906
Fair Value | Municipal securities
Investments And Fair Value Measurements [Line Items]
Assets	378	380
Fair Value | Asset-backed securities
Investments And Fair Value Measurements [Line Items]
Assets	8,505	9,805
Fair Value | Mortgage-backed securities – residential
Investments And Fair Value Measurements [Line Items]
Assets	208	442
Fair Value | Level 1
Investments And Fair Value Measurements [Line Items]
Assets	34,224	43,158
Contingent consideration, current and noncurrent	0	0
Self-insurance	0	0
Liabilities	0	0
Fair Value | Level 1 | Money market funds
Investments And Fair Value Measurements [Line Items]
Assets	1,017	9,897
Fair Value | Level 1 | U.S. Government and sponsored entities
Investments And Fair Value Measurements [Line Items]
Assets	33,207	33,261
Fair Value | Level 1 | Corporate debt securities
Investments And Fair Value Measurements [Line Items]
Assets	0	0
Fair Value | Level 1 | Municipal securities
Investments And Fair Value Measurements [Line Items]
Assets	0	0
Fair Value | Level 1 | Asset-backed securities
Investments And Fair Value Measurements [Line Items]
Assets	0	0
Fair Value | Level 1 | Mortgage-backed securities – residential
Investments And Fair Value Measurements [Line Items]
Assets	0	0
Fair Value | Level 2
Investments And Fair Value Measurements [Line Items]
Assets	100,757	115,385
Contingent consideration, current and noncurrent	0	0
Self-insurance	0	0
Liabilities	0	0
Fair Value | Level 2 | Money market funds
Investments And Fair Value Measurements [Line Items]
Assets	0	0
Fair Value | Level 2 | U.S. Government and sponsored entities
Investments And Fair Value Measurements [Line Items]
Assets	25,842	25,903
Fair Value | Level 2 | Corporate debt securities
Investments And Fair Value Measurements [Line Items]
Assets	65,867	78,906
Fair Value | Level 2 | Municipal securities
Investments And Fair Value Measurements [Line Items]
Assets	378	380
Fair Value | Level 2 | Asset-backed securities
Investments And Fair Value Measurements [Line Items]
Assets	8,462	9,754
Fair Value | Level 2 | Mortgage-backed securities – residential
Investments And Fair Value Measurements [Line Items]
Assets	208	442
Fair Value | Level 3
Investments And Fair Value Measurements [Line Items]
Assets	43	51
Contingent consideration, current and noncurrent	22,129	35,702
Self-insurance	969	902
Liabilities	23,098	36,604
Fair Value | Level 3 | Money market funds
Investments And Fair Value Measurements [Line Items]
Assets	0	0
Fair Value | Level 3 | U.S. Government and sponsored entities
Investments And Fair Value Measurements [Line Items]
Assets	0	0
Fair Value | Level 3 | Corporate debt securities
Investments And Fair Value Measurements [Line Items]
Assets	0	0
Fair Value | Level 3 | Municipal securities
Investments And Fair Value Measurements [Line Items]
Assets	0	0
Fair Value | Level 3 | Asset-backed securities
Investments And Fair Value Measurements [Line Items]
Assets	43	51
Fair Value | Level 3 | Mortgage-backed securities – residential
Investments And Fair Value Measurements [Line Items]
Assets	$ 0	$ 0

Fair Value Measurements - Conti

Fair Value Measurements - Contingent Consideration (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017
Business Acquisition, Contingent Consideration [Line Items]
Beginning balance, Fair value of contingent consideration			$ 35,702	$ 56,463	$ 56,463
Change in fair value of contingent consideration	$ 11,300	$ (100)	(12,775)	$ 899	4,761
Earnout accretion			104		1,711
Payments and settlements	(100)		(751)		(30,924)
Foreign currency adjustment			(151)		(2,753)
Ending balance, Fair value of contingent consideration	$ 22,129		22,129		35,702
Generation Digital Solutions, Inc.
Business Acquisition, Contingent Consideration [Line Items]
Beginning balance, Fair value of contingent consideration			3,600
Ending balance, Fair value of contingent consideration					3,600
Escada
Business Acquisition, Contingent Consideration [Line Items]
Beginning balance, Fair value of contingent consideration			$ 2,049
Ending balance, Fair value of contingent consideration					2,049
Reggiani
Business Acquisition, Contingent Consideration [Line Items]
Escrow adjustment for Reggiani acquisition					(4,711)
Payments and settlements					$ (21,500)

Derivatives and Hedging - Addit

Derivatives and Hedging - Additional Information (Detail) - USD ($)	Jun. 30, 2018	Dec. 31, 2017
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional amount of derivative assets and liabilities	$ 250,700,000	$ 239,400,000
Designated as Cash Flow Hedges
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional amount of derivative assets and liabilities	0	3,900,000
Foreign Exchange Contracts | Designated as Cash Flow Hedges
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional amount of derivative assets and liabilities	$ 0	$ 3,900,000

Derivatives and Hedging - Curre

Derivatives and Hedging - Currency Exposures in Notional Amounts (Detail) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Derivatives, Fair Value [Line Items]
Derivatives and their notional amounts	$ 250,700	$ 239,400
Accounts Receivable
Derivatives, Fair Value [Line Items]
Derivatives and their notional amounts	50,010	44,427
Other assets and liabilities, net
Derivatives, Fair Value [Line Items]
Derivatives and their notional amounts	39,367	46,550
Intercompany balances
Derivatives, Fair Value [Line Items]
Derivatives and their notional amounts	161,351	144,477
Assets
Derivatives, Fair Value [Line Items]
Derivatives and their notional amounts	$ 250,728	$ 235,454

Convertible Senior Notes - Addi

Convertible Senior Notes - Additional Information (Detail)	1 Months Ended
	Sep. 30, 2014USD ($)$ / shares	Jun. 30, 2018USD ($)	Dec. 31, 2017USD ($)
Debt Instrument [Line Items]
Interest rate of debt, stated percentage		0.75%
Net carrying amount		$ 326,512,000	$ 318,957,000
Aggregate amount paid for Note Hedges	$ 63,900,000
Proceeds from sale of warrants	34,500,000
Liability component
Debt Instrument [Line Items]
Net carrying amount		326,512,000	318,957,000
Equity component
Debt Instrument [Line Items]
Net carrying amount		62,061,000	62,061,000
Equity component, gross
Debt Instrument [Line Items]
Net carrying amount	63,600,000	$ 63,643,000	$ 63,643,000
0.75% Convertible Senior Notes Due 2019
Debt Instrument [Line Items]
Debt instrument, principal amount	$ 345,000,000
Interest rate of debt, stated percentage	0.75%	0.75%
Net proceeds from issuance of debt	$ 336,300,000
Net proceeds used to purchase Note Hedges	$ 29,400,000
Conversion rate, number of share per $1,000 principal amount	18.9667
Conversion rate, principal amount of Notes	$ 1,000
Initial conversion price (in USD per share) | $ / shares	$ 52.72
Effective interest rate percentage	4.98%	4.98%
Deferred tax liability	$ 23,700,000
0.75% Convertible Senior Notes Due 2019 | Liability component
Debt Instrument [Line Items]
Debt issuance costs	7,000,000
0.75% Convertible Senior Notes Due 2019 | Liability component, gross
Debt Instrument [Line Items]
Net carrying amount	281,400,000
0.75% Convertible Senior Notes Due 2019 | Equity component
Debt Instrument [Line Items]
Debt issuance costs	$ 1,600,000
0.75% Convertible Senior Notes Due 2019 | Debt issuance costs
Debt Instrument [Line Items]
Effective interest rate percentage	5.46%	5.46%
Warrant
Debt Instrument [Line Items]
Common stock strike price per share | $ / shares	$ 68.86

Convertible Senior Notes - Sche

Convertible Senior Notes - Schedule of Convertible Notes (Detail) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2018	Dec. 31, 2017	Sep. 30, 2014
Debt Instrument [Line Items]
Net carrying amount	$ 326,512	$ 318,957
Liability component, gross
Debt Instrument [Line Items]
Liability component	345,000	345,000
Liability component
Debt Instrument [Line Items]
Debt discount, net of amortization	(16,423)	(23,178)
Debt issuance costs, net of amortization	(2,065)	(2,865)
Net carrying amount	326,512	318,957
Equity component, gross
Debt Instrument [Line Items]
Net carrying amount	63,643	63,643	$ 63,600
Equity component
Debt Instrument [Line Items]
Debt issuance costs, net of amortization	(1,582)	(1,582)
Net carrying amount	$ 62,061	$ 62,061

Convertible Senior Notes - Inte

Convertible Senior Notes - Interest Expense Recognized (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Debt Disclosure [Abstract]
0.75% coupon	$ 654	$ 647	$ 1,301	$ 1,287
Amortization of debt discount	3,355	3,249	6,755	6,420
Amortization of debt issuance costs	397	354	800	699
Total	$ 4,406	$ 4,250	$ 8,856	$ 8,406
Interest rate of debt, stated percentage	0.75%		0.75%

Commitments and Contingencies (

Commitments and Contingencies (Detail) ft² in Thousands	Aug. 26, 2016USD ($)aft²Renewal_Option	Dec. 31, 2017USD ($)aft²Building	Jun. 30, 2018USD ($)agreement	Jun. 30, 2017USD ($)	Dec. 31, 2016USD ($)
Commitments And Contingencies [Line Items]
Assets held for sale		$ 4,200,000	$ 4,200,000
Impairment of long-lived assets		900,000
Funds invested under lease		$ 32,531,000	39,809,000	$ 5,322,000	$ 1,142,000
Assets Held-for-Sale
Commitments And Contingencies [Line Items]
Acres of land | a		31.5
Number of manufacturing buildings | Building		2
Area of real estate property | ft²		163
Assets held for sale		$ 5,100,000	$ 4,200,000
Number of agreements for sale | agreement			2
Off Balance Sheet Financing - Synthetic Lease Arrangements | City of Manchester | Land Lease
Commitments And Contingencies [Line Items]
Acres of land | a	16.9
Lease term	48 years 6 months
Lease term, included in facility lease	6 months
Number of renewal options for lease agreement | Renewal_Option	2
Minimum lease payments	$ 13,300,000
Renewal term of lease	5 years
Renewal term of lease	3 years 6 months
Off Balance Sheet Financing - Synthetic Lease Arrangements | MUFG Americas Capital Leasing and Finance, LLC | Building Lease
Commitments And Contingencies [Line Items]
Area of real estate property | ft²	225
Lease term	6 years
Minimum lease payments	$ 1,800,000
Residual value guarantee percentage	89.00%
Off Balance Sheet Financing - Synthetic Lease Arrangements | MUFG Americas Capital Leasing and Finance, LLC | Cash Equivalents
Commitments And Contingencies [Line Items]
Funds invested under lease			$ 39,800,000
Minimum | Matan Digital Printers
Commitments And Contingencies [Line Items]
Estimated material loss from outstanding claim in business acquisition			1
Maximum | Matan Digital Printers
Commitments And Contingencies [Line Items]
Estimated material loss from outstanding claim in business acquisition			$ 10,100,000
Facilities | Assets Held-for-Sale
Commitments And Contingencies [Line Items]
Assets held for sale		4,500,000
Land | Assets Held-for-Sale
Commitments And Contingencies [Line Items]
Land		$ 600,000

Stock Repurchase Program (Detai

Stock Repurchase Program (Detail) - USD ($)	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Sep. 11, 2017	Nov. 09, 2015
Stock Repurchase Program [Line Items]
Repurchase of common stock, authorized amount			$ 125,000,000	$ 150,000,000
Aggregate shares repurchased (in shares)	959,786	748,448
Aggregate purchase price	$ 28,300,000	$ 34,500,000
Remaining available authorized repurchase amount	$ 81,100,000
Net Share Settlement
Stock Repurchase Program [Line Items]
Aggregate shares repurchased (in shares)	25,768	146,302
Value of shares surrendered to satisfy tax withholding obligations	$ 700,000	$ 6,800,000

Stock-based Compensation - Comp

Stock-based Compensation - Compensation Expense (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense	$ 11,786	$ 7,613	$ 18,555	$ 17,893
Income tax benefit	(1,831)	(2,531)	(2,670)	(5,404)
Stock-based compensation expense, net of tax	9,955	5,082	15,885	12,489
RSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense	9,883	6,093	15,206	15,330
ESPP purchase rights
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense	$ 1,903	$ 1,520	$ 3,349	$ 2,563

Stock-based Compensation - ESPP

Stock-based Compensation - ESPP Purchase Rights (Detail) - ESPP purchase rights - $ / shares	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average fair value per share (in usd per share)	$ 9.03	$ 12.03
Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected volatility	59.00%	24.00%
Risk-free interest rate	1.60%	0.70%
Expected term (in years)	6 months	6 months
Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected volatility	107.00%	28.00%
Risk-free interest rate	2.20%	1.20%
Expected term (in years)	2 years	2 years

Stock-based Compensation - Addi

Stock-based Compensation - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Millions	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grants in Period (in shares)		0
Stock options outstanding (in shares)	150,000
Stock options exercisable (in shares)	150,000
Stock options, aggregate intrinsic value	$ 2.6
Stock options, weighted average exercise price (in USD per share)	$ 15.43
Stock options, weighted average remaining contractual term (years)	9 months
Consecutive trading days, vesting threshold	90 days
Granted (in shares)	969,000
Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grants in Period (in shares)	0
RSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fair value of RSUs vested during the year	$ 4.3
Aggregate intrinsic value of RSUs vested and expected to vest	$ 68.8
Weighted average period of recognition of unrecognized compensation cost	1 year
Performance-based options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares)	0
Market-based
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares)	0
Market-based stock options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares)	0
Minimum | RSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period	1 year
Maximum | RSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period	4 years

Stock-based Compensation - Sche

Stock-based Compensation - Schedule of Non-Vested RSUs (Detail)	6 Months Ended
	Jun. 30, 2018$ / sharesshares
Shares
Beginning balance (in shares) | shares	2,280,000
Granted (in shares) | shares	969,000
Vested (in shares) | shares	(126,000)
Forfeited (in shares) | shares	(646,000)
Ending balance (in shares) | shares	2,477,000
Weighted average grant date fair value
Beginning balance (in USD per share) | $ / shares	$ 39.16
Granted (in USD per share) | $ / shares	28.14
Vested (in USD per share) | $ / shares	34.42
Forfeited (in USD per share) | $ / shares	44.34
Ending balance (in USD per share) | $ / shares	$ 33.73
Time-based
Shares
Beginning balance (in shares) | shares	1,048,000
Granted (in shares) | shares	491,000
Vested (in shares) | shares	(106,000)
Forfeited (in shares) | shares	(67,000)
Ending balance (in shares) | shares	1,366,000
Weighted average grant date fair value
Beginning balance (in USD per share) | $ / shares	$ 35.76
Granted (in USD per share) | $ / shares	28.03
Vested (in USD per share) | $ / shares	32.44
Forfeited (in USD per share) | $ / shares	35.67
Ending balance (in USD per share) | $ / shares	$ 33.24
Performance-based
Shares
Beginning balance (in shares) | shares	1,209,000
Granted (in shares) | shares	478,000
Vested (in shares) | shares	(20,000)
Forfeited (in shares) | shares	(579,000)
Ending balance (in shares) | shares	1,088,000
Weighted average grant date fair value
Beginning balance (in USD per share) | $ / shares	$ 42.18
Granted (in USD per share) | $ / shares	28.26
Vested (in USD per share) | $ / shares	44.83
Forfeited (in USD per share) | $ / shares	45.35
Ending balance (in USD per share) | $ / shares	$ 34.32
Market-based
Shares
Beginning balance (in shares) | shares	23,000
Granted (in shares) | shares	0
Vested (in shares) | shares	0
Forfeited (in shares) | shares	0
Ending balance (in shares) | shares	23,000
Weighted average grant date fair value
Beginning balance (in USD per share) | $ / shares	$ 35.15
Granted (in USD per share) | $ / shares	0
Vested (in USD per share) | $ / shares	0
Forfeited (in USD per share) | $ / shares	0
Ending balance (in USD per share) | $ / shares	$ 35.15

Stock-based Compensation - Perf

Stock-based Compensation - Performance-Based RSUs (Detail) - $ / shares	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grant date fair value per share (in USD per share)	$ 28.14
Performance-based
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grant date fair value per share (in USD per share)	28.26
Performance-based | Short-term
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grant date fair value per share (in USD per share)	$ 28.26	$ 47.23
Service period (years)	1 year	1 year
Performance-based | Long-term
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grant date fair value per share (in USD per share)	$ 0	$ 45.96
Performance-based | Long-term | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Service period (years)		2 years
Performance-based | Long-term | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Service period (years)		3 years

Restructuring and Other - Addit

Restructuring and Other - Additional Information (Detail) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018USD ($)employee	Jun. 30, 2017USD ($)employee	Jun. 30, 2018USD ($)employee	Jun. 30, 2017USD ($)employee
Reorganizations [Abstract]
Restructuring and other costs	$ 3,024	$ 3,671	$ 7,678	$ 4,589
Severance charges	$ 1,300	$ 3,100	$ 4,400	$ 3,500
Number of positions eliminated | employee	28	83	95	113
Facilities relocation and downsizing expenses	$ 500	$ 200	$ 1,000	$ 200
Integration expenses	$ 1,100	$ 400	$ 2,300	$ 800

Restructuring and Other - Reser

Restructuring and Other - Reserve Activities (Detail) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Restructuring Reserve [Roll Forward]
Beginning reserve balance	$ 2,452	$ 1,824
Restructuring charges	4,596	3,502
Other charges	3,082	1,087
Non-cash restructuring and other	(413)	(117)
Payments	(6,703)	(2,926)
Ending reserve balance	$ 3,014	$ 3,370

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Provision for income taxes	$ (4,532)	$ (1,021)	$ (2,397)	$ (4)
Income (loss) before income taxes	8,300	3,780	2,570	7,550
Provision for income taxes before discrete items	4,457	$ 1,571	$ 1,037	$ 2,653
U.S. Statutory income tax rate			21.00%		35.00%
Tax charge					$ 27,500
Estimated charges related to deemed repatriation transition tax			$ 1,200		17,000
Estimated charges related to deemed repatriation transition tax, gross					27,000
Foreign tax credits					10,000
Estimated charges related to remeasurement of U.S. deferred tax assets and liabilities					10,500
Unrecognized tax benefits that would affect the effective tax rate if recognized	34,600		34,600		$ 33,900
Gross unrecognized tax benefits decrease in next 12 months	4,300		4,300
Offset to deferred tax assets for unrecognized tax benefits			17,100
Estimated unrecognized tax benefits	$ 17,500		$ 17,500

Income Taxes - Tax Provisions R

Income Taxes - Tax Provisions Reconciled to Recorded Provision (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Income Tax Disclosure [Abstract]
Provision for income taxes before discrete items	$ 4,457	$ 1,571	$ 1,037	$ 2,653
Interest related to unrecognized tax benefits	113	64	225	99
Provision for (benefit from) stock based compensation, including ESPP dispositions	49	(771)	26	(2,339)
Benefit from reversals of uncertain tax positions	(46)	0	(233)	0
Provision for (benefit from) reassessment of taxes upon filing tax returns	(41)	157	(41)	72
Provision for (benefit from) reassessment of taxes upon tax law change	0	0	161	(481)
Provision for deemed repatriation transition tax	0	0	1,222	0
Provision for income taxes	$ 4,532	$ 1,021	$ 2,397	$ 4

Subsequent Event (Details)

Subsequent Event (Details) - USD ($) $ in Thousands	Jul. 27, 2018	Jun. 30, 2018	Dec. 31, 2017
Subsequent Event [Line Items]
Property and equipment, net		$ 95,981	$ 98,762
Capital lease obligations		13,900
Subsequent Event
Subsequent Event [Line Items]
Lease term, capital lease	10 years
Capital lease obligations incurred	$ 16,000
Capital lease obligations, termination penalties	$ 800
Building
Subsequent Event [Line Items]
Property and equipment, net		$ 13,600