proto labs, inc. (prlb)

by:Keyuan     2020-06-17
Securities and Exchange Commission 2017 toProto Labs, Inc. 479-
Phone Number of 3680, including area code)
Does not apply all reports that have been submitted in sections 13 or 15 requiring submission (d)
Securities Trading Act of 1934 within the first 12 months (
Or a short period of time required for the registrant to submit such reports), and (2)
This filing requirement has been bound for the last 90 days.
☑Yes. ☐No. ☑Yes. ☐\"Accelerate reporting companies\", \"smaller reporting companies\" and \"emerging growth companies\" in rule 12b\"
2 of the Trading Act. (
Do not check if there are smaller reporting companies)12b-
2 parts of the transaction law).
☐Yes. ☑As of the latest practicable date, the common stock category of No: 26,613,012 ordinary shares with a par value of $0.
001 per share, outstanding performance in July 27, 2017. 1.
As of June 30, 2017 and December 31, 2016, the financial statements were US $442, and as of June 30, 2017 and December 31, 2016, 0 shares and 0 outstanding shares were issued, respectively. as of June 30, 2017 and December 31, 2016, 26,586,152 and 26,504,868 outstanding
Total operating expenses-status basis for regulatory S-10X.
The management believes that the accompanying financial statements reflect all adjustments required to fairly report the company\'s financial statements, operating results and cash flows during the period listed.
These adjustments include normal recurring items, unless otherwise disclosed in this agreement.
The results of the mid-term operations do not necessarily indicate the possible results for the entire fiscal year.
Annual Report on Form 10
K submitted to the Securities and Exchange Commission for the year ended December 31, 2016 (SEC)
February 22, 2017.
31,2016 from audited consolidated financial statements, but excluding all disclosures requested by the US governmentS.
A set of recognized accounting principles for a complete set of financial statements. This Form 10-
Q should be read in conjunction with the consolidated financial statements of the company and the notes contained in the form 10 annual report-
As noted above, K was submitted on February 22, 2017.
-Recent accounting statement employee sharing-
Based on payment accounting, aims to simplify several aspects of employee share accounting
Transactions based on payment, including income tax, forfeiture, statutory withholding tax requirements, and classification in the cash flow statement.
As a result of adoption, excess taxes benefit from stocks
Basic compensation is recorded in our income tax terms.
For the three and six months ended June 30, 2017, the amount recorded in the income tax reserve was $0.
$1 million and $0.
2 million respectively.
Historically, these amounts are recorded as additional payments
The capital required by an accounting statement valid for the period submitted.
In addition, for each period presented, cash flows related to excess tax benefits are now classified as operating activities along with other income tax cash flows.
Retroactive application of cash flow reporting requirements resulted in an increase in net cash provided by the business and a decrease of $1 in net cash provided by financing activities.
9 million per cent for the six months ended June 30, 2016.
Revenue from signing contracts with customers.
This ASU is a comprehensive new revenue recognition model that requires the company to confirm the income from the transfer of goods or services to the customer, the amount reflects the consideration that the entity expects to obtain in exchange for these goods or services.
Companies need to adopt a new statement using one of two retrospective application methods.
Trospective method.
As at June 30, 2017, the company had identified sources of revenue and continued to review individual contracts.
Based on this review, the company expects that most contracts will confirm revenue over time.
While the company is still evaluating the impact of the revised guidelines, it is not expected to have an impact on the time or amount of revenue recognized as important.
The company is expected to quantify and disclose the expected impact (if any) of adopting this revised guide in its Annual Report on Form 10)
The year ended December 31, 2017.
Lease, introducing the lessee\'s balance sheet confirmation of the leased assets and lease liabilities operating the lease according to the previous guidance classification.
The guide will be valid for the annual reporting period beginning after December 15, 2018 and for the interim reporting period within the fiscal year where early adoption is permitted.
The company is evaluating the impact of future adoption of this standard on its consolidated financial statements, but is not expected to have a significant impact.
Cash flow statement, designed to reduce the company\'s diversity in the presentation and classification of certain cash income and cash payment methods in the cash flow statement.
This guidance will be effective for the annual reporting period beginning after December 15, 2017 and for the interim reporting period within the fiscal year where early adoption is permitted.
The company is evaluating the impact of future adoption of this guide on its consolidated financial statements, but is not expected to have a significant impact.
Intangible assets-Goodwill and others, designed to simplify the follow-up measurement of goodwill.
The guide will be valid for impairment tests for the fiscal year beginning after December 15, 2019 and for mid-term tests within the fiscal year that are allowed to be adopted in advance.
The company is evaluating the impact of future adoption of this guide on its consolidated financial statements, but is not expected to have a significant impact.
On January 2017, FASB released ASU 2017-
01, business portfolio, intended to clarify the definition of the business to assist in the assessment of whether a transaction should be considered as acquisition or disposition of an asset or business.
Compensation-Stock compensation, designed to provide clear information and reduce diversity and cost and complexity in practice when applying guidelines to changes in share terms or conditions
Reward based on payment.
This guidance will be effective for the annual reporting period beginning after December 15, 2017 and for the interim reporting period within the fiscal year where early adoption is permitted.
The company is evaluating the impact of future adoption of this guide on its consolidated financial statements.
-Net income per share for the six months ended June 30, 2017-Goodwill and other intangible assets.
In addition to goodwill in June 30, 2017 and December 31, 2016, the following is the case: $0.
$1 million and $0.
The three months ended June 30, 2017 and 2 million were $2016 and $0, respectively.
$3 million and $0.
The six months ended June 30, 2017 were 4 million and 2016 respectively.
-Fair value measurement (ASC 820)
, Defines fair value as the exchange price the asset receives or pays for the transfer of liability (an exit price)
The principal or most favorable market for assets or liabilities in an orderly transaction between market participants on the measurement day.
ASC 820 has also established a fair value hierarchy that, when measuring fair value, needs to be classified according to observable and unobservable inputs.
There are three levels of input that can be used to measure fair value :-
An active market offer for the same assets or liabilities. —
Observable Inputs other than the first-class price, such as quotations for similar assets or liabilities;
Quotation of inactive market;
Or other inputs confirmed by observable or observable market data that are essentially the full term of assets or liabilities. —
Unobservable inputs with little or no market activity support are important for the fair value of assets or liabilities.
Cash consists of bank deposits.
Cash equivalents of companies measured at fair value include money market mutual funds.
Companies use Level 1 inputs to determine the fair value of these investments.
June 30, 2017 and December 31, 2016, measured at regular fair value:-the ability and intention of securities to hold these securities until maturity.
Short information about the company-term and long-
The periodic Securities as at June 30, 2017 and December 31, 2016 are as follows: the intention to hold the investment due and to recover the full principal.
Classify securities as mobile securities or non-mobile Securities
It is currently based on the securities due date as of these financial statements dates.
Balance held on June 30, 2017-to-
Maturity Debt Securities calculated by contract maturity are shown in the following table, calculated at Amortized costs.
The actual due date may be different from the contract due date, as the issuer of the securities may be entitled to advance the debt without a penalty in advance.
-Inventory includes the following as of the specified date:-inventory-
Compensation based on 2012 Long
Revised regular incentive plan (the 2012 Plan)
The company has the ability to grant stock options and stock value-added rights (SARs)
Restricted stocks, restricted stock units, other stocks-
Rewards and cash rewards.
2012 The Award under the scheme is for a maximum period of ten years from the date of award.
The compensation commission may provide that the attribution or payment of any award, in addition to meeting any continuing service requirements, will depend on the achievement of specific performance measures, which the compensation commission will decide whether or not these measures have been taken. The per-
The stock options granted under the 2012 program and the stock exercise price of SARs are generally not less than the fair market price of our common stock on the date of grant.
2012 employee stock purchase plan (ESPP)
Eligible employees are allowed to purchase a variable number of shares of the Company\'s common stock at a discount during each issue period by deducting up to 15% of eligible remuneration subject to the plan restrictions.
ESPP offers six-
The purchase period is provided once a month, ending at May15 and November15, respectively.
At the end of each sale period, employees are able to purchase shares on the first trading day of the issue period or the last trading day of the issue at 85% of the Company\'s common stock fair market price. expense was $2.
$2 million and $1.
The three months ended June 30, 2017 were $8 million and $2016 respectively.
$0 million and $3.
The six months ended June 30, 2017 were 5 million and 2016 respectively.
Continuous service to the company
For directors, options are generally fully exercisable at the first anniversary of the date of grant.
During the six months ended June 30, 2017, at received $27. 57.
As at June 30, 2017 and 2016 June 30, 2017 of six a month in option of price for 4 dollars.
8 million of the unconfirmed compensation costs associated with the unvested stock option, is expected to be confirmed by weighting
Average period 3. 0 years. are share-
During the attribution period, the rewards and restrictions that have been solved gradually become invalid, usually five.
The annual period, starting from the first anniversary of the date of award, is subject to the employee\'s continued service to the company.
For directors, the restriction is usually completely invalidated at the first anniversary of the date of grant.
Stock activity for the six-month period ended June 30, 2017: $20 in June 30, 2017.
4 million of non-related unconfirmed compensation costs
Vested restricted stocks expected to be confirmed by weighting
Average cycle 4. 0 years.
The target number of 150 percent can be acquired and attributed at the end of the three goals
According to the company\'s performance in the last year of the performance period and the continuing employment of the winners, the annual performance period.
The company is accumulating shares as of June 30, 2017
The basic compensation fee for PSUs is 100%.
Six months as of June 30, 2017: six months and 2016 as of June 30, 2017:-the cumulative other total losses are entirely composed of foreign currency conversion adjustments.
The table below lists changes in the cumulative balance of other Consolidated losses for the three and six months ended June 30, 2017 and 2016:-Income tax 30, 2017 and 2016, the company recorded a $5 income tax reserve.
$5 million and $5.
3 million respectively.
For the six months ended June 30, 2017 and 2016, the Company recorded an income tax reserve of $11.
$3 million and $10.
4 million respectively.
Income tax provisions are based on annual estimated annual effective tax rates applicable to pre-taxtax income.
The effective income tax rate for the three months ended June 30, 2017 was 31.
2% contrast 32.
The same period in the previous year was 9%. 31.
7% contrast 32.
The same period in the previous year was 7%.
The six months ended June 30, 2017 are different from those of the United States. S.
Federal interest rate 35.
0% is mainly due to a mix of revenue and deductions from domestic and foreign tax jurisdictions that the company is eligible.
The total tax offer is $4.
$0 million and $3.
8 million in June 30, 2017 and December 31, 2016 respectively, all of which, if confirmed, will affect the effective tax rate of the company.
The company confirms interest and fine in income tax expenses related to income tax matters and reports current or long-term liabilities
Periodic Income tax payable as appropriate.
-The reportable segment of the divisional report is based on the internal report used by the company\'s chief executive officer, who is the chief operational decision maker (CODM)
Evaluate operational performance and make decisions on resource allocation.
Company unassigned and Japanese categories include non-
Market segments that can be reported, and the R & D and general and administrative costs that the company does not directly allocate to its operations.
The three and six months as of June 30, 2017 and 2016 are as follows: ved assets for June 30, 2017 and December 31, 2016 are as follows: Discussion and Analysis of the financial position and results of operationsrun production.
The number of prototypes is usually between 25 and 100 parts.
Because we keep the ownership of the mold, the customer needs to be low
Mass production usually goes back to the injection molding line in the prototype lab, with an additional quantity usually up to 10,000 or more.
They do this to support the pilot production of product testing or when they are high
Ready for mass production as they need
Demand is manufactured due to disruption in the manufacturing process because their products will only be released in a limited number because the demand for their products is unpredictable or because they need a terminalof-
Guarantee of life production.
These extra parts orders usually occur on about half of the molds we produce, usually about half of our total injection molding revenue. 200 parts.
The operation of 3D printing is carried out in three geographic operations in the United States, Europe and Japan, and we believe this is the three largest geographic markets where product developers and engineers are located.
Our revenue in the US and European markets comes from our injection molding, CNC machining and 3D printing product line.
Our revenue in the Japanese market comes from our injection molding and CNC processing lines.
Our historical and current efforts to increase revenue are aimed at obtaining new customers and selling them to our existing customer base by: liquid silicone rubber (LSR);
The technology of our injection molding production line and the bunching technology of 3D printing production line;
AndJune 30,207, we serve 174 unique product developers and engineers who purchase our products through our network
Add 18 based on customer interface.
The same period in 2016 was 8% per cent.
During the six months ended June 30, 2017, we served 255 unique product developers and engineers who purchased our products through our network
Add 19 based on customer interface.
The same period in 2016 was 3% per cent.
This information does not include 3D printing and injection molding customers resulting from the acquisition of alpha form that do not take advantage of our networkInterface-based.
Indirect expense allocation associated with the manufacturing process of molds and custom parts.
We expect revenue costs to increase in absolute US dollars, but the percentage of total revenue remains relatively unchanged.
Marketing and sales.
Marketing and sales expenses mainly include employee compensation, benefits, commissions, inventory
Marketing programs such as electronics, printing and paymentper-
Click on ads, trade shows and other related expenses.
As we increase the number of marketing and sales professionals and marketing plans designed to increase our customer base, we expect sales and marketing expenses to increase in the future.
R & D.
R & D expenses mainly include employee compensation, benefits and inventory
Depreciation of equipment and other related overhead costs.
All our R & D expenses have been paid.
As we seek to enhance and expand our product line, we expect an increase in R & D costs in the future.
General and administrative.
General and administrative expenses mainly include employee compensation, benefits, inventory
Professional service fees related to accounting, taxation and law and other related overhead fees.
As we continue to grow and expand as a global organization, we expect General and administrative costs to increase in the future.
Net income consisting mainly of foreign currency-
Related profit and loss and interest income of cash balance and investment.
Our foreign currency
Related gains and losses will vary depending on the underlying exchange rate.
Our interest income will vary depending on our average cash balance during this period, the composition of the saleable securities portfolio and the current interest rate level. Stock-
The basic compensation costs included in the above three-month and six-month operating DATA statements as of June 30, 2017 and 2016 are as follows: the three-month comparison of 2017, 2016, June 30, 2017 and 2016 is: 7. 1 million, or 9.
4%, compared with the same period in June 30, 2017, the three months ended 2016.
S. Revenue is reported to have increased by $8.
0 million, or 14.
European revenue fell by $1, 5%. 1 million, or 6.
6%, Japan\'s income increased by $0. 2 million, or 8.
3%, compared to the same period in June 30, 2017, this is the case for each of the three months ended 2016.
June 30, 2017 is the result of an increase in the number of product developers and engineers we serve through the Web
Based on the customer interface.
In the three months ended June 30, 2017, we have served 174 unique product developers and engineers through our network
Add 18 based on customer interface.
The same period in 2016 was 8% per cent.
This information does not include certain 3D printing and injection molding customers generated as a result of the acquisition of alpha form, who do not take advantage of our networkInterface-based.
The balance of payments was negatively affected by $0.
9 million compared with the same period in June 30, 2017, during the three-month period ended 2016, due to changes in foreign currency, mainly the appreciation of the dollar against the pound.
This is true for June 30, 2017 and 2016: Our revenue growth is from 4.
Injection molding revenue increased by 5%, which was offset by our decision to stop metal injection molding (MIM)
Sulfur oxygen with magnesium (Thixo)
In the second quarter of 2016, a. 21.
CNC processing revenue increased by 8%, an increase of 19.
3D printing revenue increased by 5% per cent, compared to the same period in June 30, 2017, and increased by $1 per case for the three months ended 2016.
As we decided to withdraw from our non-income in 2016, other income decreased by 1 million.
Reselling of core resin in Europe.
The cost of revenue, gross profit and gross profit of income increased by $3. 0 million, or 9.
0%, compared with the same period in June 30, 2017, the income growth rate for the three months ended 2016 was lower than 9.
Compared with the same period in June 30, 2017, 4% months in the three months ended 2016 achieved productivity gains.
The net increase in revenue costs is due to business growth and is due to an increase of $0 in raw materials and production costs.
3 million. The increase in the number of direct labor leads to an increase of $2 in personnel and related costs.
6 million and facilities-
Related costs increased by $0. 1 million.
Profit and Gross profit margin.
Gross profit increased from $42.
2 million, or 56.
For the three months ended June 30, 2016, 4% of income reached $46.
4 million, or 56.
In the three months ended June 30, 2017, revenue accounted for 5% per cent.
The increase in gross profit is mainly due to the increase in income and the increase in manufacturing productivity, partially offset by the following quantitiesand mix-
As noted above, the associated increase in revenue costs.
Revenue tax increased the cost of marketing and sales by $3.
2 million, or 27.
7%. in the three months ended June 30, 2017, compared with the same period in 2016, the main reason was the increase in the number of persons, resulting in an increase of $3 in personnel and related costs.
1 million and an increase of $0 in marketing plan costs. 1 million.
Our R & D costs have increased by $0. 3 million, or 4.
6%. in the three months ended June 30, 2017, compared with the same period in 2016, the number of personnel and related costs increased by $0 due to the increase in the number of people.
2 million, operating costs increased by $0. 1 million.
Our general and administrative expenses are reduced by $0. 9 million, or 8.
6%. in the three months ended June 30, 2017, compared with the same period in 2016, administrative costs decreased by $1.
Cost of professional services fell $0 at 5 million.
1 million, partially offset by an increase in compensation of $0 for personnel and related expenses.
3 million and stock-based compensation costs increased by $0. 4 million.
The decrease in administrative costs due to the costs recorded in 2016 relates to our decision to withdraw from the MIM and Thixo manufacturing processes, vacate existing facilities and transfer to new facilities in the United StatesS. and Japan. Income, net.
After deducting $1, we confirmed the other income.
For the three months ended June 30, 2017, $2 million had increased by 0.
1 million net income compared to other income was $1.
1 million per cent for the three months ended June 30, 2016.
The net increase in other income was mainly due to $0.
Preferential legal settlement of 4 million in the second quarter of 2017, an increase of $0.
Investment interest income was $1 million, a decrease of $0, partially offsetting that income.
Foreign currency earnings of 4 million.
Our effective tax rate is 31.
For the three months ended June 30, 2017, 2% fell by 1.
7% contrast 32.
The same period in 2016 was 9% per cent.
The decline in the actual tax rate is mainly due to changes in taxable income in our geographic region for the quarter ended June 30, 2017 compared to the quarter ended June 30, 2016.
Our income tax has increased by $0. $2 million to $5.
For the three months ended June 30, 2017, our income tax reserve was $5 million.
3 million per cent for the three months ended June 30, 2016.
The relevant changes for the six months ended June 30, 2017 and 2016 for June 30, 2017 and are as follows: an increase of $14. 7million, or 9.
9%, compared with the same period in June 30, 2017, the six months ended 2016.
S. Revenue has reportedly increased by $13.
7 million, or 12.
5%, European revenue increased by $0. 2 million, or 0.
7%, Japan\'s income increased by $0.
7 million, or 14.
8%, compared to the same period in June 30, 2017, this is the case for each of the six months ended 2016.
The six months ended June 30, 2017 are the result of an increase in the number of product developers and engineers we serve through the Web
Based on the customer interface.
In the six months ended June 30, 2017, we have served 255 unique product developers and engineers through our network
Add 19 based on customer interface.
The same period in 2016 was 3% per cent.
This information does not include certain 3D printing and injection molding customers generated as a result of the acquisition of alpha form, who do not take advantage of our networkInterface-based.
Revenue growth is mainly driven by the increase in sales staff and marketing activities.
Our sales staff is focused on acquiring new customer accounts and expanding the depth and breadth of existing customer accounts.
Our marketers focus on marketing campaigns that have proven to be able to provide the maximum number of customer leads for sales campaigns.
The balance of payments was negatively affected by $1.
9 million compared with the same period in June 30, 2017, during the six-month period ended 2016, due to changes in foreign currency, mainly the appreciation of the dollar against the pound.
For the six months ended June 30, 2017, 2016 was like this: our revenue growth was from 7.
Injection molding revenue increased by 7%, a 19.
CNC processing revenue increased by 2%, an increase of 15.
3D printing revenue increased by 1%, compared to the same period in June 30, 2017, in each case increased by $2 for the six months ended 2016.
As we decided to withdraw from our non-income in 2016, other income decreased by 3 million.
Reselling of core resin in Europe.
Revenue costs, gross profit and gross profit margin increased by $4. 9 million, or 7.
5%, compared with the same period in June 30, 2017, the income growth rate for the six months ended 2016 was lower than 9.
Compared with the same period in June 30, 2017, the six-month period ended 2016 was 9% per cent, reflecting an increase in productivity.
The net increase in revenue costs is due to business growth and is due to an increase of $0 in raw materials and production costs.
9 million. The increase in the number of direct labor leads to an increase of $3 in personnel and related costs.
6 million and facilities-
Related costs increased by $0. 4 million.
And gross profit margin.
Gross profit increased from $81.
9 million, or 55.
For the six months ended June 30, 2016, 5% of income reached $91.
6 million, or 56.
In the six months ended June 30, 2017, revenue accounted for 5% per cent.
The increase in gross profit is mainly due to the increase in income and the increase in manufacturing productivity, partially offset by the following quantitiesand mix-
As noted above, the associated increase in revenue costs.
Other income, net and reserve for income tax, marketing and sales expenses increased by $5.
2 million, or 23.
3%. in the six months ended June 30, 2017, compared with the same period in 2016, the main reason was the increase in the number of persons, resulting in an increase of $5 in personnel and related costs.
1 million and an increase of $0 in marketing plan costs. 1 million.
Our R & D costs have increased by $0. 8 million, or 6.
9%. in the six months ended June 30, 2017, compared with the same period in 2016, the number of personnel and related costs increased by $0 due to the increase in numbers.
6 million, operating costs increased by $0.
3 million, the cost of professional services was reduced by $0, partially offsetting this amount. 1 million.
Our general and administrative expenses are reduced by $0. 3 million, or 1.
9%. in the six months ended June 30, 2017, compared with the same period in 2016, administrative costs decreased by $1.
Cost of professional services fell $0 at 3 million.
1 million, partially offset by an increase in compensation of $0 for personnel and related expenses.
7 million and stock-based compensation costs increased by $0. 4 million.
Due to the costs recorded in 2016 in connection with our decision to withdraw from the MIM and Thixo manufacturing processes, vacate existing facilities and transfer to new US plantsS. and Japan. Income, net.
After deducting $1, we confirmed the other income.
$5 million for the six months ended June 30, 2017, a decrease of $0.
2 million net income compared to other income was $1.
7 million per cent for the six months ended June 30, 2016.
The net decrease in other income was mainly due to $0.
Foreign currency earnings decreased by 9 million, partially offset by $0.
4 million has a legal settlement of $0.
Investment interest income increased by 3 million.
Our effective tax rate is 31.
7% for the six months ended June 30, 2017 fell by 1.
0% contrast 32.
The same period in 2016 was 7% per cent.
The reduction in the actual tax rate is mainly due to changes in taxable income in our geographic region for the six months ended June 30, 2017 compared to the six months ended June 30, 2016.
Our income tax has increased by $0.
$9 million to $11.
For the six months ended June 30, 2017, our income tax reserve was $3 million.
4 million per cent for the six months ended June 30, 2016.
Our cash flow for the six months ended June 30, 2017 and 2016: 99.
2 million an increase of $30 as at June 30, 2017.
From 4 million in December 31, 2016.
The increase in our cash is mainly due to the cash generated by the operation and the proceeds of the expired Securities, which are partially offset by the repurchase of ordinary stocks and investment activities. 39.
4 million for the six months ended June 30, 2017, net income was primarily $24.
3 million, adjusted to some non-
Cash items, including depreciation and amortization of $8.
7 million, inventory-
Compensation fee based on $4.
0 million, deferred tax $1.
6 million, amortization of holdingsto-
Securities due at $0.
Adjustment of $0 for 6 million. 1 million.
Cash flows from operating activities increased by $0.
9 million compared with the same period in June 30, 2017, for the six months ended 2016, it was mainly due to an increase of $2 in net income.
9 million, depreciation amortization of $0.
5 million driven by an increase in capital investment, deferred taxes increased by $1.
2 million. Other adjustments increased by $1.
2 million is mainly due to changes in foreign currency.
These increases were partially offset by a decrease of $4 in operating assets and liabilities.
9 million was driven by overall business growth and cash receipts and payments schedules.
Om operating activities $38.
5 million for the six-month period ended June 30, 2016, net income was primarily $21.
4 million, adjusted to some non-
Cash items, including depreciation and amortization of $8.
1 million, inventory-
Basic compensation fee of $3.
5 million, deferred tax $0.
4 million. Impairment of assets was $0.
5 million and amortization heldto-
Securities due at $0.
$6 million was partially offset by other adjustments of $1. 1 million. 8.
7 million for the six-month period as at June 30, 2017, including $13.
$3 million for property and equipment, $20.
1 million for the purchase of securities, $0.
Other investments of $5 million were partially offset by $25.
2 million the maturity income of the insured securities.
The investment activity is $32.
The six-month period ended June 30, 2016, including $22.
£ 4 million for property and equipment, $38.
3 million was partially offset by $28 for the purchase of securities.
7 million Proceeds from maturity and redemption of securities. 0.
6 million for the six months ended June 30, 2017, this included partially offset parts. 3.
3 million in the six months ended June 30, 2016, the exercise proceeds of stock options were $3.
7 million, partially offset by $0.
Acquisition 4 million-
Related or have a consideration payment.
Accounting policy for the six months ended June 30, 2017. 3.
Quantitative and qualitative disclosure of market risks regarding adverse changes in foreign exchange rates.
We believe that this change generally does not have a significant impact on our financial situation, but it will have a significant impact on our operational results.
We confirm the foreign currency earnings of $0.
$4 million and $0.
The three and six months ended June 30, 2017 were 3 million per cent respectively.
We confirm the foreign currency earnings of $0.
$8 million and $1.
The three and six months ended June 30, 2016 were 2 million per cent respectively. 4.
Rules and Forms of control and procedures and, as appropriate, build up and communicate to our management, including our chief executive officer and CFO, in order to make timely decisions on the necessary disclosures. 1.
Legal proceedings.
The unregistered sale of stock securities and the use of proceedings 2017, we declare that our board has authorized the repurchase of shares of our common stock from time to time in open markets or in privately negotiated purchases, the total purchase price is as high as $50 million.
The time and amount of any stock repurchase will be determined by our management based on market conditions and other factors.
The term of the project will last until December 31, 2021.
For the three months ended June 30, 2017, we bought back 28,106 ordinary shares at a total purchase price of $1.
7 million under this project
The common stock repurchase does not require us to repurchase any amount or amount of shares.
The common stock repurchase activities for the three months ended June 30, 2017 are as follows: from time to time, ordinary shares purchased in the open market or in private negotiations, with a total purchase price of up to $50 million.
The term of the project will last until December 31, 2021. 3.
Default of senior securities.
Information disclosure of Mine Safety 5.
Other information (1)(2)(3)(1)
Registration Statement on Form S1/A (File No. 333-175745)
, Submitted to the Commission on February 13, 2012 and incorporated in this reference. ’s Form 8-K (File No. 001-35435)
, Submitted to the Commission on May 21, 2015 and incorporated in this reference.
August 1, 2017 August 1, 2017 I and other certification officials responsible for the establishment and maintenance disclosure control and program (
According to Rule 13a of the Transaction Act-15(e)and 15d-15(e))
Internal control of financial reports (
According to Rule 13a of the Transaction Act-15(f)and 15d-15(f))
For registrants: disclosure controls and procedures, and to present in this report our conclusions on disclosure controls and the effectiveness of the procedures, based on which evaluation ends as of the period covered in this report;
And the internal control of the financial report by the registrant in the last financial quarter (
The fourth quarter of the registrant in the case of annual report)
Having a significant or rather likely significant impact on the internal control of the registrant\'s financial report;
Based on our recent assessment of internal controls in financial reporting, I and other certified officers disclosed to the auditor of the registrant and the Board of Auditors of the registrant (
Or persons performing equivalent functions)
: Ability to record, process, summarize and report financial information;
Internal control of financial reporting.
In August 1, 2017, I and other certification officers were responsible for establishing and maintaining disclosure controls and procedures (
According to Rule 13a of the Transaction Act-15(e)and 15d-15(e))
Internal control of financial reports (
According to Rule 13a of the Transaction Act-15(f)and 15d-15(f))
For registrants: disclosure controls and procedures, and to present in this report our conclusions on disclosure controls and the effectiveness of the procedures, based on which evaluation ends as of the period covered in this report;
And the internal control of the financial report by the registrant in the last financial quarter (
The fourth quarter of the registrant in the case of annual report)
Having a significant or rather likely significant impact on the internal control of the registrant\'s financial report;
Based on our recent assessment of internal controls in financial reporting, I and other certified officers disclosed to the auditor of the registrant and the Board of Auditors of the registrant (
Or persons performing equivalent functions)
: Ability to record, process, summarize and report financial information;
Internal control of financial reporting.
On August 1, 2017, June 30, 2017, it fully met the requirements of Section 13 (a)or 15(d)
Information contained in the Securities Exchange Act of 1934 and the Quarterly Report of Form 10
Q provides a fair presentation on the financial position and operational results of Proto Labs in all important respects
August 1, 2017 Victoria
HoltJune 30,207 fully meets the requirements of Section 13 (a)or 15(d)
Information contained in the Securities Exchange Act of 1934 and the Quarterly Report of Form 10
Q provides a fair presentation on the financial position and operational results of Proto Labs in all important respects
John A, August 1, 2017
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