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Selected Quarterly Financial Data (Tables)
12 Months Ended
Dec. 31, 2015
Selected Quarterly Financial Data [Abstract]  
Schedule Of Selected Quarterly Financial Data

 

 

2015

 

 

Quarter Ended

(in thousands, except per share amounts)

 

December 31

 

September 30

 

June 30

 

March 31

Consolidated revenue

 

$

183,363 

 

$

151,574 

 

$

170,504 

 

$

160,722 

Gross profit

 

 

60,160 

 

 

71,038 

 

 

81,627 

 

 

78,984 

Total operating expenses

 

 

626,081 

 

 

105,675 

 

 

105,469 

 

 

96,508 

Loss from operations (a)

 

 

(565,921)

 

 

(34,637)

 

 

(23,842)

 

 

(17,524)

Provision (benefit) for income taxes

 

 

29,535 

 

 

(3,524)

 

 

(10,096)

 

 

(6,943)

Net income attributable to 3D Systems

 

 

(596,366)

 

 

(32,249)

 

 

(13,696)

 

 

(13,181)

Basic and diluted net loss per share

 

$

(5.32)

 

$

(0.29)

 

$

(0.12)

 

$

(0.12)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2014

 

 

Quarter Ended

(in thousands, except per share amounts)

 

December 31

 

September 30

 

June 30

 

March 31

Consolidated revenue

 

$

187,438 

 

$

166,944 

 

$

151,512 

 

$

147,758 

Gross profit

 

 

89,766 

 

 

79,798 

 

 

72,398 

 

 

75,472 

Total operating expenses

 

 

85,538 

 

 

71,590 

 

 

68,036 

 

 

65,955 

Income from operations

 

 

4,228 

 

 

8,208 

 

 

4,362 

 

 

9,517 

Provision for income taxes

 

 

75 

 

 

1,113 

 

 

694 

 

 

3,559 

Net income attributable to 3D Systems

 

 

1,551 

 

 

3,084 

 

 

2,125 

 

 

4,877 

Basic and diluted net income per share

 

$

0.01 

 

$

0.03 

 

$

0.02 

 

$

0.05 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2013

 

 

Quarter Ended

(in thousands, except per share amounts)

 

December 31

 

September 30

 

June 30

 

March 31

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 

Provision for income taxes

 

 

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 

 

(a)

For the quarter ended December 31, 2015, loss from operations includes $443,659 of impairment charges related to goodwill and $93,520 of impairment charges related to other intangible assets. In addition, the Company recognized cash and non-cash charges related to the end of life of the Cube printer and shift from consumer products and services, which totaled $8,771 and $18,619, respectively. See Notes 2, 4, 6 and 7 to the Consolidated Financial Statements.