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 | ) | ||||
3D Systems Reports Third Quarter 2020 Financial Results
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