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Selected Quarterly Financial Data
12 Months Ended
Dec. 31, 2013
Selected Quarterly Financial Data [Abstract]  
Selected Quarterly Financial Data

Note 24 Selected Quarterly Financial Data (unaudited)

 

The following tables set forth unaudited selected quarterly financial data:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Quarter Ended

(in thousands, except per share amounts)

 

December 31, 2013

 

September 30, 2013

 

June 30, 2013

 

March 31, 2013

Consolidated revenue

 

$

154,817 

 

$

135,717 

 

$

120,787 

 

$

102,079 

Gross profit

 

 

80,097 

 

 

71,437 

 

 

62,583 

 

 

53,477 

Total operating expenses

 

 

62,121 

 

 

42,867 

 

 

45,787 

 

 

35,958 

Income from operations

 

 

17,976 

 

 

28,570 

 

 

16,796 

 

 

17,519 

Income tax expense

 

 

5,248 

 

 

8,279 

 

 

4,791 

 

 

1,569 

Net income attributable to 3D Systems

 

$

11,224 

 

$

17,640 

 

$

9,343 

 

$

5,883 

Basic and diluted net income per share

 

$

0.11 

 

$

0.17 

 

$

0.10 

 

$

0.06 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Quarter Ended

(in thousands, except per share amounts)

 

December 31, 2012

 

September 30, 2012

 

June 30, 2012

 

March 31, 2012

Consolidated revenue

 

$

101,571 

 

$

90,532 

 

$

83,610 

 

$

77,920 

Gross profit

 

 

52,496 

 

 

46,879 

 

 

42,968 

 

 

38,853 

Total operating expenses

 

 

34,330 

 

 

28,443 

 

 

28,969 

 

 

28,883 

Income from operations

 

 

18,166 

 

 

18,436 

 

 

13,999 

 

 

9,970 

Income tax expense (benefit)

 

 

(1,449)

 

 

2,752 

 

 

1,935 

 

 

1,100 

Net income

 

$

10,912 

 

$

13,517 

 

$

8,324 

 

$

6,188 

Basic and diluted net income per share

 

$

0.13 

 

$

0.16 

 

$

0.11 

 

$

0.08 

 

The sum of per share amounts for each of the quarterly periods presented does not necessarily equal the total presented for the year because each quarterly amount is independently calculated at the end of each period based on the net income available to common stockholders for such period and the weighted average shares of outstanding common stock for such period.