3D Systems Corporation
Schedule 1
Loss Per Share
Quarter Ended March 31, 2019 and 2018
Quarter Ended March 31, | |||||||
(in thousands, except per share amounts) | 2019 | 2018 | |||||
Numerator for basic and diluted net loss per share: | |||||||
Net loss attributable to 3D Systems Corporation | $ | (24,394 | ) | $ | (20,955 | ) | |
Denominator for basic and diluted net loss per share: | |||||||
Weighted average shares | 113,267 | 111,819 | |||||
Net loss per share - basic and diluted | $ | (0.22 | ) | $ | (0.19 | ) |
3D Systems Corporation
Schedule 2
Unaudited Reconciliations of GAAP to Non-GAAP Measures
Quarter Ended March 31, 2019 and 2018
Quarter Ended March 31, | |||||||
(in millions, except per share amounts) | 2019 | 2018 | |||||
GAAP Net loss attributable to 3D Systems Corporation | $ | (24.4 | ) | $ | (21.0 | ) | |
Adjustments: | |||||||
Amortization, stock-based compensation & other 1 | 12.2 | 15.2 | |||||
Legal, acquisition and divestiture related 2 | 0.4 | 0.5 | |||||
Cost optimization plan, including severance costs 3 | 1.7 | 0.5 | |||||
Impairment of cost-method investments 4 | — | 1.4 | |||||
Non-GAAP net income attributable to 3D Systems Corporation | $ | (10.1 | ) | $ | (3.4 | ) | |
Non-GAAP net income per share available to 3D Systems common stock holders - basic and diluted 5 | $ | (0.09 | ) | $ | (0.03 | ) | |
1 For the quarter ended March 31, 2019, the adjustment included $0.1 in COGS and $12.1 in SG&A. For the quarter ended March 31, 2018, the adjustment included $0.1 in COGS and $15.1 in SG&A.
2 For the quarter ended March 31, 2019, the adjustment included $(1.8) in Revenues $1.9 in COGS and $0.7 in SG&A and $(0.5) in other income (expense). For the quarter ended March 31, 2018, the adjustment included $0.5 in SG&A.
3 For the quarter ended March 31, 2019, the adjustment included $0.4 in COGS, $1.2 in SG&A. For the quarter ended March 31, 2018, the adjustment included $0.2 in COGS and $0.3 in SG&A.
4 For the quarter ended March 31, 2018, the adjustment included $1.4 in interest and other income (expense), net. No impairment was recorded in 2019.
5 Denominator based on weighted average shares used in the GAAP EPS calculation.
* Tables may not foot due to rounding; amounts calculated based on dollars in thousands.
Investor Contact:
Stacey Witten
Investor.relations@3dsystems.com
Media Contact:
Nicole York
press@3dsystems.com