Company: ALGN
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001097149-25-000034
Chunk: 141

Company: ALIGN TECHNOLOGY INC
Filing Date: 2025-05-08
Form: 10-Q
Item: Item 8
Chunk 141
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): Three Months EndedMarch 31,20252024Total segment income from operations$318,687 $335,931 Unallocated corporate expenses(187,587)(181,796)Total income from operations131,100 154,135 Interest income5,316 4,392 Other income (expense), net4,026 (141)Net income before provision for income taxes$140,442 $158,386 The following table includes certain non-cash expenses for each reportable segment (in thousands): Three Months EndedMarch 31,20252024Stock-based compensationClear Aligner$5,818 $3,764 Systems and Services403 359 Unallocated corporate expenses38,776 34,665 Total stock-based compensation$44,997 $38,788 Depreciation and amortization Clear Aligner$18,904 $14,433 Systems and Services8,469 6,838 Unallocated corporate expenses11,775 11,675 Total depreciation and amortization$39,148 $32,946 Our CODM does not regularly review total assets at the reportable segment level; however, we have provided geographical information related to our long-lived assets below.Geographical InformationNet revenues are presented below by geographic area (in thousands): Three Months EndedMarch 31, 20252024Net revenues 1:U.S. $423,318 $432,101 Switzerland224,132 251,758 Other International 331,812 313,572 Total net revenues$979,262 $997,431 1 Net revenues are attributed to countries based on the location of where revenues are recognized by our legal entities.

22 

Long-lived assets, which includes Property, plant and equipment, net and Operating lease right-of-use assets, net, are presented below by geographic area (in thousands): March 31,2025December 31,2024Long-lived assets 1:Switzerland$568,693 $571,628 U.S. 203,140 207,689 Other International606,193 605,193 Total long-lived assets$1,378,026 $1,384,510 1 Long-lived assets are attributed to countries based on the location of our entity that owns or leases the assets.

Note 15. Restructuring and Other Charges

2023 RestructuringDuring the fourth quarter of 2023