|
3D Systems Corporation | ||||||
|
Unaudited Condensed Consolidated Balance Sheets | ||||||
|
June 30, 2017 and December 2016 | ||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
June 30, |
|
December 31, | ||
|
(in thousands, except par value) |
|
2017 |
|
2016 | ||
|
ASSETS |
|
|
|
|
|
|
|
Current assets: |
|
|
|
|
|
|
|
Cash and cash equivalents |
|
$ |
153,991 |
|
$ |
184,947 |
|
Accounts receivable, net of reserves — $11,036 (2017) and $12,920 (2016) |
|
|
126,287 |
|
|
127,114 |
|
Inventories |
|
|
110,816 |
|
|
103,331 |
|
Prepaid expenses and other current assets |
|
|
20,748 |
|
|
17,558 |
|
Total current assets |
|
|
411,842 |
|
|
432,950 |
|
Property and equipment, net |
|
|
87,316 |
|
|
79,978 |
|
Intangible assets, net |
|
|
115,011 |
|
|
121,501 |
|
Goodwill |
|
|
225,104 |
|
|
181,230 |
|
Long term deferred income tax asset |
|
|
7,983 |
|
|
8,123 |
|
Other assets, net |
|
|
27,989 |
|
|
25,371 |
|
Total assets |
|
$ |
875,245 |
|
$ |
849,153 |
|
LIABILITIES AND EQUITY |
|
|
|
|
|
|
|
Current liabilities: |
|
|
|
|
|
|
|
Current portion of capitalized lease obligations |
|
$ |
613 |
|
$ |
572 |
|
Accounts payable |
|
|
46,448 |
|
|
40,514 |
|
Accrued and other liabilities |
|
|
45,812 |
|
|
49,968 |
|
Customer deposits |
|
|
5,139 |
|
|
5,857 |
|
Deferred revenue |
|
|
42,404 |
|
|
33,494 |
|
Total current liabilities |
|
|
140,416 |
|
|
130,405 |
|
Long term portion of capitalized lease obligations |
|
|
7,360 |
|
|
7,587 |
|
Long term deferred income tax liability |
|
|
17,250 |
|
|
17,601 |
|
Other liabilities |
|
|
56,068 |
|
|
57,988 |
|
Total liabilities |
|
|
221,094 |
|
|
213,581 |
|
Redeemable noncontrolling interests |
|
|
8,872 |
|
|
8,872 |
|
Commitments and contingencies |
|
|
|
|
|
|
|
Stockholders' equity: |
|
|
|
|
|
|
|
Common stock, $0.001 par value, authorized 220,000 shares;
|
115 |
|
|
115 | ||
|
Additional paid-in capital |
|
|
1,314,880 |
|
|
1,307,428 |
|
Treasury stock, at cost — 1,702 shares (2017) and 1,498 shares (2016) |
|
|
(4,628) |
|
|
(2,658) |
|
Accumulated deficit |
|
|
(629,968) |
|
|
(621,787) |
|
Accumulated other comprehensive loss |
|
|
(32,560) |
|
|
(53,225) |
|
Total 3D Systems Corporation stockholders' equity |
|
|
647,839 |
|
|
629,873 |
|
Noncontrolling interests |
|
|
(2,560) |
|
|
(3,173) |
|
Total stockholders' equity |
|
|
645,279 |
|
|
626,700 |
|
Total liabilities, redeemable noncontrolling interests and stockholders' equity |
|
$ |
875,245 |
|
$ |
849,153 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3D Systems Reports Second Quarter 2017 Financial Results
|
|
||||||
|
|
|||||||
|
|||||||
