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NET (LOSS) INCOME PER SHARE
 9 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
NET (LOSS) INCOME PER SHARE
NOTE 9 - NET (LOSS) INCOME PER SHARE

Basic net (loss) income per common share is calculated by dividing net (loss) income attributable to 3D Systems’ common stock by the weighted average number of shares of common stock outstanding during the applicable period. Diluted net (loss) income per common share incorporates the additional shares issuable upon the assumed exercise of stock options, the vesting of restricted stock and RSUs, and the assumed conversion of debt, except in such case when (1) the inclusion of such shares or potential shares would be anti-dilutive or (2) when the vesting of restricted stock or RSUs is contingent upon one or more performance conditions that have not been met as of the balance sheet date.
Three Months Ended Nine Months Ended
(in thousands, except per share amounts)September 30, 2025September 30, 2024September 30, 2025September 30, 2024
Numerator (basic):
Net (loss) income attributable to 3D Systems Corporation$(18,053)$(178,627)$49,397 $(221,886)
Redeemable non-controlling interest redemption value in excess of carrying value— (163)— (336)
Net (loss) income attributable to 3D Systems' common stock shareholders$(18,053)$(178,790)$49,397 $(222,222)
Numerator (diluted):
Net (loss) income attributable to 3D Systems' common stock shareholders$(18,053)$(178,790)$49,397 $(222,222)
Add back: Interest on 2030 Notes— — 1,455 — 
Net (loss) income attributable to 3D Systems' common stock shareholders plus assumed conversions$(18,053)$(178,790)$50,852 $(222,222)
Denominator:
Basic weighted average common shares outstanding(a)
125,273 132,235 129,979 131,621 
Effect of Dilutive securities:
Restricted stock and RSUs— — 1,480 — 
Conversion of 2030 Notes— — 46,938 — 
Diluted weighted average common shares outstanding125,273 132,235 178,397 131,621 
Net (loss) income per common share:
Basic$(0.14)$(1.35)$0.38 $(1.69)
Diluted$(0.14)$(1.35)$0.29 $(1.69)
Anti-dilutive shares5,532 4,856 2,992 4,612 
(a) For the three and nine months ended September 30, 2025, includes 250 thousand shares of common stock issued in April 2025 in connection with the dp polar earnout arrangement.
The anti-dilution table above excludes shares issued in connection with the settlement of accrued incentive compensation. In the three and nine months ended September 30, 2025 and the three months ended September 30, 2024, there were no shares related to the payment of accrued incentive compensation. In the nine months ended September 30, 2024 there were 826 thousand shares related to the payment of accrued incentive compensation. These estimates are based on the liabilities recorded as of September 30, 2025 and September 30, 2024, under the fiscal year 2025 and 2024 incentive compensation arrangements, respectively, divided by the Company’s year-to-date average share price of $2.41 for 2025 and $3.77 for 2024.
Diluted income per common share was computed using the treasury stock method for restricted shares and RSUs and the if-converted method for convertible debt.
Share Repurchases
On June 23, 2025, 3D Systems repurchased 8.0 million shares of its outstanding common stock at a price of $1.87 per share, which was equal to the closing price of the common stock on the New York Stock Exchange on June 17, 2025. The share repurchase was executed concurrently with the issuance of the 2030 Notes (refer to Note 6).
The share repurchase was approved by the Company’s Board of Directors in connection with the broader refinancing transaction. It was structured to mitigate potential dilution associated with the issuance of the 2030 Notes and was funded as part of the same transaction that retired a significant portion of the Company’s 2026 Notes at a discount to par. The Company retired its common stock upon repurchase.