Company: ALGN
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001097149-25-000064
Chunk: 27

Company: ALIGN TECHNOLOGY INC
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 1
Chunk 27
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 shares 11,505 1,149 1,377 648 

1 Represents approximately 1,501.7 thousand RSU and 3.3 thousand ESPP weighted average outstanding common stock equivalent shares for the three months ended June 30, 2025 and approximately 1,374.6 thousand RSU and 2.2 thousand ESPP weighted-average outstanding common stock equivalent shares for the six months ended June 30, 2025. Approximately 1,148.7 thousand RSU and 0.3 thousand ESPP weighted average outstanding common stock equivalent shares for the three months ended June 30, 2024 and approximately 647.8 thousand RSU and 0.1 thousand ESPP weighted-average outstanding common stock equivalent shares for the six months ended June 30, 2024 that are excluded from the calculation of diluted net income per share as the effect would have been anti-dilutive. 

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Note 13. Supplemental Cash Flow Information 

The supplemental cash flow information consists of the following (in thousands): Six Months EndedJune 30, 20252024Non-cash investing and financing activities:Acquisition of property, plant and equipment in accounts payable and accrued liabilities$12,995 $16,657 Final settlement of prior year stock repurchase forward contract— 50,000 Cash paid for amounts included in the measurement of lease liabilities:Operating cash flows from operating leases$19,323 $19,643 Right-of-use assets obtained in exchange for lease obligations:Operating leases$12,259 $22,820 

Note 14. Segments and Geographical Information

Segment InformationWe report segment information based on the management approach. The management approach designates the internal reporting used by our Chief Operating Decision Maker (“CODM”), our Chief Executive Officer, for decision making and performance assessment as the basis for determining our reportable segments. We group our operations into two reportable segments; Clear Aligner segment and Imaging Systems and CAD/CAM services (“Systems and Services”) segment, which are based on our predominant product lines.Our CODM uses gross profit and income from operations to assess each reportable segments performance, by reviewing each measure against internal forecasts and historical performance. Our CODM may also benchmark each segments performance against our competitors and external expectations.

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Summarized financial information by reportable segment is as follows (in thousands):  Three Months EndedJune 30,Six