| (a) |
|
The amounts for cash and cash equivalents shown above include restricted cash of $998 and $931 as of September 30, 2020 and 2019, respectively, and $952 and $921 as of December 31, 2019, and 2018, respectively, which were included in Other assets, net, in the condensed consolidated balance sheets. |
| |
|
|
3D Systems Corporation
Loss Per Share
Quarter and Nine Months Ended September 30, 2020 and 2019
| |
Quarter Ended September 30, |
|
Nine Months Ended September 30, |
|
(in thousands, except per share amounts) |
2020 |
|
2019 |
|
2020 |
|
2019 |
| Numerator for basic and diluted net loss per share: |
|
|
|
|
|
|
|
| Net loss attributable to 3D Systems Corporation |
$ |
(72,889 |
) |
|
$ |
(16,843 |
) |
|
$ |
(129,764 |
) |
|
$ |
(65,167 |
) |
| |
|
|
|
|
|
|
|
| Denominator for basic and diluted net loss per share: |
|
|
|
|
|
|
|
| Weighted average shares |
118,527 |
|
|
114,053 |
|
|
116,216 |
|
|
113,587 |
|
| |
|
|
|
|
|
|
|
| Net loss per share - basic and diluted |
$ |
(0.61 |
) |
|
$ |
(0.15 |
) |
|
$ |
(1.12 |
) |
|
$ |
(0.57 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3D Systems Corporation
Unaudited Reconciliations of GAAP to Non-GAAP Measures
Quarter and Nine Months Ended September 30, 2020 and 2019
| |
Quarter Ended September 30, |
|
Nine Months Ended September 30, |
|
(in millions, except per share amounts) |
2020 |
|
2019 |
|
2020 |
|
2019 |
| GAAP Operating income (loss) |
$ |
(67.6 |
) |
|
$ |
(11.9 |
) |
|
$ |
(119.7 |
) |
|
$ |
(52.4 |
) |
| Adjustments: |
|
|
|
|
|
|
|
| Amortization, stock-based compensation & other (1) |
7.2 |
|
|
10.9 |
|
|
29.3 |
|
|
35.7 |
|
| Legal, acquisition and divestiture related (2) |
0.2 |
|
|
(0.7 |
) |
|
0.7 |
|
|
5.2 |
|
| Cost optimization plan, including severance costs (3) |
11.9 |
|
|
1.4 |
|
|
14.7 |
|
|
7.1 |
|
| Product end-of-life adjustment (5) |
— |
|
|
— |
|
|
10.9 |
|
|
— |
|
| Goodwill impairment (6) |
48.3 |
|
|
— |
|
|
48.3 |
|
|
— |
|
| Non-GAAP Operating income (loss) |
$ |
— |
|
|
$ |
(0.3 |
) |
|
$ |
(15.8 |
) |
|
$ |
(4.4 |
) |
| |
|
|
|
|
|
|
|
