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Segment Information (Tables)

6 Months Ended

Jun. 30, 2023

Segment Reporting [Abstract]

Schedule of Segment Reporting Information by Segment

The following tables set forth our operating results by segment for the three and six months ended June 30, 2023 and 2022:

			Revenue												Adjusted EBITDA
			Three Months Ended June 30,												Three Months Ended June 30,
(in thousands)			2023						2022						2023						2022
Healthcare Solutions			$	60,874					$	71,746					$	11,394					$	16,149
Industrial Solutions			67,320						68,299						2,264						2,728
Total Reportable segments			128,194						140,045						13,658						18,877
Corporate and Other(1)			—						—						(20,556)						(21,455)
Total Company			$	128,194					$	140,045					$	(6,898)					$	(2,578)

			Revenue												Adjusted EBITDA
			Six Months Ended June 30,												Six Months Ended June 30,
(in thousands)			2023						2022						2023						2022
Healthcare Solutions			$	109,599					$	136,091					$	16,459					$	31,918
Industrial Solutions			139,831						136,955						9,166						9,293
Total Reportable segments			249,430						273,046						25,625						41,211
Corporate and Other(1)			—						—						(42,618)						(41,862)
Total Company			$	249,430					$	273,046					$	(16,993)					$	(651)

(1) Corporate is not an operating segment, but reflects expenses not directly attributable to and, accordingly, not allocated to our reportable segments. These expenses relate to corporate functions such as human resources, finance, and legal and include expenses such as salaries, benefits, and other related costs. Similar to the Company's operating segments, Corporate results are reported to and reviewed by the Company’s CODM on the basis of Adjusted EBITDA.

The following table provides a reconciliation of the Company’s reported net loss to the total of our reportable segment Adjusted EBITDA and Corporate and Other Adjusted EBITDA for the three and six months ended June 30, 2023 and 2022:

						Three Months Ended												Six Months Ended
(in thousands)						June 30, 2023						June 30, 2022						June 30, 2023						June 30, 2022
Net loss attributable to 3D Systems Corporation						$	(28,895)					$	(32,961)					$	(58,316)					$	(59,760)
Interest (income) expense, net						(4,404)						(1,825)						(8,209)						(1,990)
Provision (benefit) for income taxes						222						1,289						230						2,573
Depreciation expense						5,294						5,032						10,606						10,850
Amortization expense						3,258						3,303						6,497						5,980
Stock-based compensation expense						7,990						7,403						18,282						20,061
Acquisition and divestiture-related expense						1,512						2,972						4,188						6,654
Litigation costs						2,656						10,760						2,735						10,773
Restructuring expense						4,121						(10)						5,824						301
Redeemable non-controlling interest						16						(37)						(92)						(37)
Loss on equity method investment						142						—						142						—
Other non-operating (income) expense						1,190						1,496						1,120						3,944
Adjusted EBITDA						$	(6,898)					$	(2,578)					$	(16,993)					$	(651)

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

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-Name Accounting Standards Codification
-Topic 350
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-URI https://asc.fasb.org//1943274/2147482573/350-20-50-1

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
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-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-25

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
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Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
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-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-30

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