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Stock-Based Compensation Plans | 9 Months Ended
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Sep. 30, 2015
Stock-Based Compensation Plans [Abstract] |
Stock-Based Compensation Plans | (9) Stock-based Compensation Plans Effective May 19, 2004, the Company adopted its 2004 Incentive Stock Plan, as further amended and restated on February 3, 2015 (the “2004 Stock Plan”) and its 2004 Restricted Stock Plan for Non-Employee Directors (the “2004 Director Plan”). On May 19, 2015, the Company’s stockholders approved the 2015 Incentive Plan of 3D Systems Corporation (the “2015 Plan” and, together with the 2004 Stock Plan, the “Incentive Plans”). The 2015 Plan authorizes awards of restricted stock, restricted stock units, stock appreciation rights, cash incentive awards and the grant of options to purchase the Company’s common stock. The 2015 Plan also designates measures that may be used for performance awards. The maximum number of shares of common stock reserved for issuance under the 2015 Plan is 6,300. Generally, each restricted stock award or restricted stock unit award is made with a vesting period of three years to five years from the date of grant. The purpose of the 2015 Plan is to provide an incentive that permits the persons responsible for the Company’s growth to share directly in that growth and to better align their interests with the interests of the Company’s stockholders. Any person who is an employee or director of or consultant to the Company, or a subsidiary or an affiliate of the Company, is eligible to be considered for the grant of awards pursuant to the 2015 Plan. The 2015 Plan is administered by the Compensation Committee of the Board of Directors or a subcommittee thereof, which, pursuant to the provisions of the 2015 Plan, has the authority to determine recipients of awards under that plan, the number of shares to be covered by such awards and the terms and conditions of each award. Notwithstanding the foregoing, only the full Board of Directors may grant and administer awards under the 2015 Plan to non-employee directors. The 2015 Plan may be amended, altered or discontinued at the sole discretion of the Board of Directors at any time. The Company records stock-based compensation expense in selling, general and administrative expenses in the condensed consolidated statements of operations and comprehensive income (loss). Stock-based compensation expense for the quarter and nine months ended September 30, 2015 and 2014 was as follows:
| Quarter Ended September 30, |  | Nine Months Ended September 30,
(in thousands) | 2015 |  | 2014 |  | 2015 |  | 2014
Restricted stock awards | $ | 8,800 |  | $ | 8,100 |  | $ | 28,850 |  | $ | 23,738
The number of shares and units of restricted common stock awarded and the weighted average fair value per share and unit for the quarter and nine months ended September 30, 2015 and 2014 were as follows:
|  | Quarter Ended September 30,
|  | 2015 |  |  | 2014
(in thousands, except per share amounts) |  | Number of Shares/Units |  | Weighted Average Fair Value |  |  | Number of Shares/Units |  | Weighted Average Fair Value
Restricted stock awards: |  |  |  |  |  |  |  |  |  |  |
Granted under the Incentive Plans, non-executive employees |  | 181 |  | $ | 15.97 |  |  | 88 |  | $ | 52.73
Total restricted stock awards |  | 181 |  | $ | 15.97 |  |  | 88 |  | $ | 52.73
|  | Nine Months Ended September 30,
|  | 2015 |  |  | 2014
(in thousands, except per share amounts) |  | Number of Shares/Units |  | Weighted Average Fair Value |  |  | Number of Shares/Units |  | Weighted Average Fair Value
Restricted stock awards: |  |  |  |  |  |  |  |  |  |  |
Granted under the Incentive Plans, non-executive employees |  | 620 |  | $ | 22.78 |  |  | 464 |  | $ | 65.35
Granted under the Incentive Plans, executive officers |  | 85 |  |  | 27.50 |  |  | 30 |  |  | 75.76
Granted under the 2004 Director Plan, non-employee directors |  | 24 |  |  | 22.61 |  |  | 17 |  |  | 49.26
Total restricted stock awards |  | 729 |  | $ | 23.29 |  |  | 511 |  | $ | 65.43
For the quarter and nine months ended September 30, 2015, the Company recorded $543 of stock compensation expense related to non-employee directors, compared to $849 for the quarter and nine months ended September 30, 2014. As of September 30, 2015, there were no shares or units under awards that remained subject to acceptance, compared to 35 shares or awards subject to acceptance as of September 30, 2014.

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- Definition The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 40 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6418621&loc=d3e17540-113929 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 50 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6406099&loc=d3e25284-112666 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5444-113901 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 14 + Details
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