2014 Q1 Form 10-Q Financial Statement

#000144530514001766 Filed on May 01, 2014

View on sec.gov

Income Statement

Concept 2014 Q1 2013 Q1
Revenue $180.6M $153.6M
YoY Change 17.62% 13.7%
Cost Of Revenue $43.40M $40.73M
YoY Change 6.54% 18.68%
Gross Profit $137.3M $112.8M
YoY Change 21.62% 12.0%
Gross Profit Margin 75.98% 73.48%
Selling, General & Admin $111.2M $72.63M
YoY Change 53.17% 16.71%
% of Gross Profit 81.05% 64.36%
Research & Development $13.38M $11.28M
YoY Change 18.6% 7.18%
% of Gross Profit 9.75% 10.0%
Depreciation & Amortization $4.776M $4.944M
YoY Change -3.4% 26.77%
% of Gross Profit 3.48% 4.38%
Operating Expenses $95.45M $150.9M
YoY Change -36.76% 107.44%
Operating Profit $41.80M -$38.08M
YoY Change -209.79% -235.95%
Interest Expense $600.0K $200.0K
YoY Change 200.0% 0.0%
% of Operating Profit 1.44%
Other Income/Expense, Net $601.0K -$988.0K
YoY Change -160.83% 21.67%
Pretax Income $42.41M -$39.06M
YoY Change -208.56% -243.65%
Income Tax $9.961M $2.920M
% Of Pretax Income 23.49%
Net Earnings $32.44M -$41.98M
YoY Change -177.28% -300.07%
Net Earnings / Revenue 17.96% -27.34%
Basic Earnings Per Share $0.40 -$0.52
Diluted Earnings Per Share $0.39 -$0.52
COMMON SHARES
Basic Shares Outstanding 81.12M shares 81.25M shares
Diluted Shares Outstanding 82.82M shares 81.25M shares

Balance Sheet

Concept 2014 Q1 2013 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $351.1M $366.7M
YoY Change -4.25% 52.56%
Cash & Equivalents $167.5M $328.7M
Short-Term Investments $183.7M $37.98M
Other Short-Term Assets $43.70M $36.50M
YoY Change 19.73% -1.88%
Inventory $15.84M $15.44M
Prepaid Expenses
Receivables $126.2M $108.7M
Other Receivables $0.00 $0.00
Total Short-Term Assets $552.2M $527.3M
YoY Change 4.71% 36.79%
LONG-TERM ASSETS
Property, Plant & Equipment $79.09M $72.67M
YoY Change 8.84% 15.51%
Goodwill $84.39M $58.54M
YoY Change 44.15% -56.9%
Intangibles $25.43M
YoY Change -47.97%
Long-Term Investments $138.9M $10.70M
YoY Change 1198.13% -36.31%
Other Assets $8.315M $3.173M
YoY Change 162.05% 9.08%
Total Long-Term Assets $333.5M $198.9M
YoY Change 67.64% -32.11%
TOTAL ASSETS
Total Short-Term Assets $552.2M $527.3M
Total Long-Term Assets $333.5M $198.9M
Total Assets $885.6M $726.2M
YoY Change 21.95% 7.04%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $18.51M $19.75M
YoY Change -6.29% 34.89%
Accrued Expenses $71.35M $64.64M
YoY Change 10.39% -2.86%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $170.9M $143.9M
YoY Change 18.77% 5.91%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $18.03M $21.27M
YoY Change -15.23% 83.6%
Total Long-Term Liabilities $18.03M $21.27M
YoY Change -15.23% 83.6%
TOTAL LIABILITIES
Total Short-Term Liabilities $170.9M $143.9M
Total Long-Term Liabilities $18.03M $21.27M
Total Liabilities $188.9M $165.1M
YoY Change 14.39% 12.02%
SHAREHOLDERS EQUITY
Retained Earnings -$63.47M -$133.4M
YoY Change -52.42% 37.26%
Common Stock $8.000K $8.000K
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $696.8M $561.1M
YoY Change
Total Liabilities & Shareholders Equity $885.6M $726.2M
YoY Change 21.95% 8.32%

Cashflow Statement

Concept 2014 Q1 2013 Q1
OPERATING ACTIVITIES
Net Income $32.44M -$41.98M
YoY Change -177.28% -300.07%
Depreciation, Depletion And Amortization $4.776M $4.944M
YoY Change -3.4% 26.77%
Cash From Operating Activities $17.99M $10.42M
YoY Change 72.71% 41.15%
INVESTING ACTIVITIES
Capital Expenditures $4.996M $5.608M
YoY Change -10.91% -55.35%
Acquisitions
YoY Change
Other Investing Activities $133.0K -$1.079M
YoY Change -112.33%
Cash From Investing Activities -$99.35M -$3.445M
YoY Change 2783.8% -90.93%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net -$11.95M -$10.83M
YoY Change 10.3% 41.46%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $21.06M $15.42M
YoY Change 36.56% 7.92%
NET CHANGE
Cash From Operating Activities $17.99M $10.42M
Cash From Investing Activities -$99.35M -$3.445M
Cash From Financing Activities $21.06M $15.42M
Net Change In Cash -$60.29M $22.40M
YoY Change -369.21% -237.21%
FREE CASH FLOW
Cash From Operating Activities $17.99M $10.42M
Capital Expenditures $4.996M $5.608M
Free Cash Flow $13.00M $4.810M
YoY Change 170.21% -192.89%

Facts In Submission

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PaymentsToAcquireAvailableForSaleSecurities
157919000 USD
CY2014Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
4996000 USD
CY2013Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
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CY2014Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
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CY2014Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
0 USD
CY2013Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2014Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
11946000 USD
CY2013Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
13268000 USD
CY2013Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-5000 USD
CY2014Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
43711000 USD
CY2013Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
47465000 USD
CY2014Q1 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
53137000 USD
CY2013Q1 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
4366000 USD
CY2013Q1 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
0 USD
CY2014Q1 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
10564000 USD
CY2014Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
79093000 USD
CY2013Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
75743000 USD
CY2014Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
13380000 USD
CY2013Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
11282000 USD
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-95910000 USD
CY2014Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-63465000 USD
CY2014Q1 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
6230000 USD
CY2013Q4 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
6215000 USD
CY2014Q1 us-gaap Sales Revenue Net
SalesRevenueNet
180646000 USD
CY2013Q1 us-gaap Sales Revenue Net
SalesRevenueNet
153580000 USD
CY2014Q1 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
52888000 USD
CY2013Q1 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
42281000 USD
CY2014Q1 us-gaap Share Based Compensation
ShareBasedCompensation
9132000 USD
CY2013Q1 us-gaap Share Based Compensation
ShareBasedCompensation
6410000 USD
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.000
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.000
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.467
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.423
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.002
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.002
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
783000 shares
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
14.96
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
1000 shares
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
17.97
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
11.17
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
30814000 USD
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
848000 shares
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1321000 shares
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
15.47
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
30755000 USD
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
846000 shares
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
15.46
CY2013Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P1Y2M12D
CY2014Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P1Y2M12D
CY2014Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
28857000 USD
CY2014Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P3Y6M11D
CY2014Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P3Y6M22D
CY2014Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P3Y6M22D
CY2013Q1 algn Effective Income Tax Rate Reconciliation Tax Holiday Effecton Diluted Earnings Per Share
EffectiveIncomeTaxRateReconciliationTaxHolidayEffectonDilutedEarningsPerShare
0.07
CY2013Q4 algn Finite Lived Intangible Assets Accumulated Amortization Period Increase Decrease
FiniteLivedIntangibleAssetsAccumulatedAmortizationPeriodIncreaseDecrease
10488000 USD
CY2014Q1 algn Finite Lived Intangible Assets Accumulated Amortization Period Increase Decrease
FiniteLivedIntangibleAssetsAccumulatedAmortizationPeriodIncreaseDecrease
11590000 USD
CY2013Q4 algn Finite Lived Intangible Assets Accumulated Impairment Loss
FiniteLivedIntangibleAssetsAccumulatedImpairmentLoss
19258000 USD
CY2014Q1 algn Finite Lived Intangible Assets Accumulated Impairment Loss
FiniteLivedIntangibleAssetsAccumulatedImpairmentLoss
19258000 USD
CY2014Q1 algn Future Amortization Expense Thereafter
FutureAmortizationExpenseThereafter
10286000 USD
CY2013Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
3104000 USD
CY2013Q4 us-gaap Standard Product Warranty Accrual Current
StandardProductWarrantyAccrualCurrent
3104000 USD
CY2014Q1 us-gaap Standard Product Warranty Accrual Current
StandardProductWarrantyAccrualCurrent
3048000 USD
CY2012Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
4050000 USD
CY2013Q1 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
4129000 USD
CY2014Q1 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
3048000 USD
CY2014Q1 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
709000 USD
CY2013Q1 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
1184000 USD
CY2014Q1 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
653000 USD
CY2013Q1 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
1263000 USD
CY2014Q1 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
472000 shares
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
633970000 USD
CY2014Q1 us-gaap Stockholders Equity
StockholdersEquity
696753000 USD
CY2014Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
27900000 USD
CY2014Q1 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-indent:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of estimates</font></div><div style="line-height:120%;text-indent:16px;font-size:7pt;"><font style="font-family:inherit;font-size:7pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with generally accepted accounting principles ("GAAP") in the United States of America (&#8220;U.S.&#8221;) requires our management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes.&#160;Actual results could differ materially from those estimates.&#160;On an ongoing basis, we evaluate our estimates, including those related to the fair values of financial instruments, long-lived assets and goodwill, useful lives of intangible assets and property and equipment, stock-based compensation, income taxes, and contingent liabilities, among others.&#160;We base our estimates on historical experience and on various other assumptions that are believed to be reasonable, the results of which form the basis for making judgments about the carrying values of assets and liabilities.</font></div></div>
CY2014Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1697000 shares
CY2013Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2013Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
81248000 shares
CY2014Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
82817000 shares
CY2014Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
81120000 shares
CY2013Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
81248000 shares
CY2013Q4 algn Accrued Accounts Payable
AccruedAccountsPayable
4053000 USD
CY2014Q1 algn Accrued Accounts Payable
AccruedAccountsPayable
5622000 USD
CY2013Q4 algn Accrued Sales And Marketing Current
AccruedSalesAndMarketingCurrent
3893000 USD
CY2014Q1 algn Accrued Sales And Marketing Current
AccruedSalesAndMarketingCurrent
4689000 USD
CY2013Q4 algn Allowance For Doubtful Accounts Receivable And Sales Returns Current
AllowanceForDoubtfulAccountsReceivableAndSalesReturnsCurrent
1733000 USD
CY2014Q1 algn Allowance For Doubtful Accounts Receivable And Sales Returns Current
AllowanceForDoubtfulAccountsReceivableAndSalesReturnsCurrent
1798000 USD
CY2014Q1 algn Effective Income Tax Rate Reconciliation Tax Holiday Effecton Diluted Earnings Per Share
EffectiveIncomeTaxRateReconciliationTaxHolidayEffectonDilutedEarningsPerShare
0.09
CY2013 algn Marketable Securities Weighted Average Remaining Maturity
MarketableSecuritiesWeightedAverageRemainingMaturity
P10M
CY2014Q1 algn Marketable Securities Weighted Average Remaining Maturity
MarketableSecuritiesWeightedAverageRemainingMaturity
P11M
CY2014Q1 algn Maturity Period Used To Classify Investments
MaturityPeriodUsedToClassifyInvestments
P2Y
CY2014Q1 algn Operating Leases Future Minimum Payments Due Remainder Of Period
OperatingLeasesFutureMinimumPaymentsDueRemainderOfPeriod
6960000 USD
CY2014Q1 algn Standard Product Warranty Time Period
StandardProductWarrantyTimePeriod
P1Y
CY2014Q1 dei Amendment Flag
AmendmentFlag
false
CY2014Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2014Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2014Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
CY2014Q1 dei Document Period End Date
DocumentPeriodEndDate
2014-03-31
CY2014Q1 dei Document Type
DocumentType
10-Q
CY2014Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001097149
CY2014Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
81635404 shares
CY2014Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2014Q1 dei Entity Registrant Name
EntityRegistrantName
ALIGN TECHNOLOGY INC
CY2014Q1 dei Trading Symbol
TradingSymbol
ALGN

Files In Submission

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0001445305-14-001766.txt Edgar Link pending
0001445305-14-001766-xbrl.zip Edgar Link pending
algn-20140331.xml Edgar Link completed
algn-20140331.xsd Edgar Link pending
algn-20140331_cal.xml Edgar Link unprocessable
algn-20140331_def.xml Edgar Link unprocessable
algn-20140331_lab.xml Edgar Link unprocessable
algn-20140331_pre.xml Edgar Link unprocessable
algn-2014131xex311.htm Edgar Link pending
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algn-2014331xq1.htm Edgar Link pending
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