| (a) | The amounts for cash and cash equivalents shown above include restricted cash of $967 and $944 as of June 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 Six Months Ended June 30, 2020 and 2019
| |
Quarter Ended June 30, | |
Six Months Ended June 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 | $ | (37,951 | ) | | $ | (23,929 | ) | | $ | (56,875 | ) | | $ | (48,324 | ) |
| | | | | | | | |
| Denominator for basic and diluted net loss per share: | | | | | | | |
| Weighted average shares | 115,503 | | | 113,433 | | | 115,047 | | | 113,350 | |
| | | | | | | | |
| Net loss per share - basic and diluted | $ | (0.33 | ) | | $ | (0.21 | ) | | $ | (0.49 | ) | | $ | (0.43 | ) |
| | | | | | | | | | | | | | | | |
3D Systems Corporation
Unaudited Reconciliations of GAAP to Non-GAAP Measures
Quarter and Six Months Ended June 30, 2020 and 2019
| |
Quarter Ended June 30, | |
Six Months Ended June 30, |
|
(in millions, except per share amounts) |
2020 | |
2019 | |
2020 | |
2019 |
| GAAP Operating income (loss) | $ | (33.9 | ) | | $ | (19.2 | ) | | $ | (52.1 | ) | | $ | (40.5 | ) |
| Adjustments: | | | | | | | |
| Amortization, stock-based compensation & other (1) | 11.4 | | | 12.6 | | | 22.1 | | | 24.8 | |
| Legal, acquisition and divestiture related (2) | 0.2 | | | 5.1 | | | 0.5 | | | 5.9 | |
| Cost optimization plan, including severance costs (3) | 0.5 | | | 3.9 | | | 2.8 | | | 5.6 | |
| Product end-of-life adjustment (5) | 10.9 | | | — | | | 10.9 | | | — | |
| Non-GAAP Operating income (loss) | $ | (10.8 | ) | | $ | 2.4 | | | $ | (15.9 | ) | | $ | (4.2 | ) |
| | | | | | | | |
