(a)    The amounts for cash and cash equivalents shown above include restricted cash of $540 and $952 as of September 30, 2021 and 2020, respectively, and $998 and $9,161 as of December 31, 2020, and 2019, respectively, which were included in Other assets, net, and $9,161 as of December 31, 2020, which was included in Current assets held for sale in the condensed consolidated balance sheets.

3D Systems Corporation
Income (Loss) Per Share
Quarter Ended September 30, 2021 and 2020

	Quarter Ended September 30,
(in thousands, except per share amounts)	2021				2020
Numerator:
Net income (loss)	$	292,656			$	(72,889	)
Denominator:
Weighted average shares - basic	122,663				118,527
Dilutive securities	2,626				—
Weighted average shares - diluted	125,289				118,527
Net income (loss) per share - basic	$	2.39			$	(0.61	)
Net income (loss) per share - diluted	$	2.34			$	(0.61	)

Appendix
3D Systems Corporation
Unaudited Reconciliations of GAAP to Non-GAAP Measures
Quarter and Nine Months Ended September 30, 2021 and 2020

	Quarter Ended September 30,										Nine Months Ended September 30,
(in millions)	2021					2020					2021					2020
GAAP Revenue - as reported	$	156.1				$	136.2				$	464.8				$	384.6
Non-GAAP Revenue	156.1					136.2					464.8					384.6
GAAP Cost of sales - as reported	91.8					77.5					267.2					233.7
Amortization, stock-based compensation & other	—					0.1					0.3					0.3
Legal, acquisition and divestiture related	—					0.1					—					0.3
Cost optimization plan, including severance costs	—					—					—					0.7
Product end-of-life adjustment	0.4					—					—					10.9
Non-GAAP Cost of sales	91.4					77.3					266.9					221.5
GAAP Gross Profit - as reported	64.3					58.7					197.6					150.9
Amortization, stock-based compensation & other	—					0.1					0.3					0.3
Legal, acquisition and divestiture related	—					0.1					—					0.3
Cost optimization plan, including severance costs	—					—					—					0.7
Product end-of-life adjustment	0.4					—					—					10.9
Non-GAAP Gross Profit	64.7					58.9					197.9					163.1
GAAP Gross Profit Margin	41.2			%							42.5			%
Non-GAAP Gross Profit Margin	41.5			%		43.2			%		42.6			%		42.4			%
GAAP Selling, general and administrative - as reported	65.7					59.1					176.8					167.2
Amortization, stock-based compensation & other	16.1					7.1					51.2					29.0
Legal, acquisition and divestiture related	11.4					0.1					13.6					0.4
Cost optimization plan, including severance costs	—					11.9					1.6					13.8
Non-GAAP Selling, general and administrative	38.3					40.0					110.5					123.9
GAAP Research and development - as reported	15.8					18.9					50.0					55.1
Cost optimization plan, including severance costs	—					—					—					0.1
Non-GAAP Research and development	15.8					18.9					50.0					55.0
Goodwill impairment	—					48.3					—					48.3
GAAP Operating Expenses - as reported	81.5					126.2					226.8					270.6
Amortization, stock-based compensation & other	16.1					7.1					51.2					29.0
Legal, acquisition and divestiture related	11.4					0.1					13.6					0.4
Cost optimization plan, including severance costs	—					11.9					1.6					14.0
Goodwill impairment	—					48.3					—					48.3
Non-GAAP Operating expenses	54.1					58.8					160.4					178.9
GAAP Operating Income (loss) - as reported	(17.2		)			(67.6		)			(29.2		)			(119.7		)
Amortization, stock-based compensation & other	16.1					7.2					51.5					29.3
Legal, acquisition and divestiture related	11.4					0.2					13.6					0.7
Cost optimization plan, including severance costs	—					11.9					1.6					14.7
Product end-of-life adjustment	0.4					—					—					10.9
Goodwill impairment	—					48.3					—					48.3
Non-GAAP Operating Income (loss)	10.6					—					37.5					(15.8		)
Depreciation	5.6					7.2					18.7					21.7
Adjusted EBITDA	16.3					7.2					56.2					5.9
GAAP Other Income and expense, net - as reported	315.9					(2.4		)			354.4					(7.6		)
Legal, acquisition and divestiture related	(315.5		)			0.2					(354.9		)			—
Impairment of cost-method investments	—					1.1					—					2.2
Non-GAAP Other Income and expense, net	0.3					(1.2		)			(0.5		)			(5.4		)
GAAP Net Income (loss) - as reported	292.7					(72.9		)			328.3					(129.8		)
Amortization, stock-based compensation & other	16.1					7.2					51.5					29.3
Legal, acquisition and divestiture related (1)	(299.1		)			0.4					(336.2		)			0.8
Cost optimization plan, including severance costs	—					11.9					1.6					14.7
Impairment of cost-method investments	—					1.1					—					2.2
Product end-of-life adjustment	0.4					—					—					10.9
Goodwill impairment	—					48.3					—					48.3
Non-GAAP Net Income (loss)	$	10.0				$	(4.1	)			$	45.1				$	(23.7	)

• Amounts in table may not foot due to rounding
  
  

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10  Next Page »