(2)Legal Acquisition and divestiture includes $5.6 million of income tax provision related to divestitures for the twelve months Ended December 31, 2021.
3D Systems Corporation
Unaudited Reconciliations of GAAP to Non-GAAP Measures
Quarter and Year Ended December 31, 2020
| Quarter Ended December 31, (1) | |||||||||||||||||||||
| (in millions) | 2020 | 2020 | |||||||||||||||||||
| GAAP |
Amortization,
stock-based compensation & other |
Legal,
acquisition and divestiture- related (1) |
Cost
optimization plan |
Impairment
of cost- method investments |
Product end
of life adjustment |
Goodwill
impairment | Non-GAAP | ||||||||||||||
| Revenue | $ | 172.7 | $ | — | $ | — | $ | — | $ | — | $ | — | $ | — | $ | 172.7 | |||||
| Gross Profit | 72.4 | 0.1 | 0.1 | 1.5 | — | — | — | 74.1 | |||||||||||||
| Gross Profit Margin | 42.0 | % | 42.9 | % | |||||||||||||||||
| Operating expenses | 71.7 | (4.0 | ) | (3.7 | ) | (6.0 | ) | — | — | — | 58.0 | ||||||||||
| Operating income (loss) | 0.7 | 4.1 | 3.8 | 7.6 | — | — | — | 16.1 | |||||||||||||
| Interest and other income (expense), net | (16.8 | ) | 1.0 | 14.0 | — | — | — | (1.8 | ) | ||||||||||||
| Net income (loss) | (19.8 | ) | 5.1 | 17.8 | 7.6 | — | — | — | 10.6 | ||||||||||||
| Net income (loss) EPS - basic | (0.16 | ) | 0.04 | 0.15 | 0.06 | — | — | — | 0.09 | ||||||||||||
| Net income (loss) EPS - diluted | $ | (0.16 | ) | $ | 0.04 | $ | 0.15 | $ | 0.06 | $ | — | $ | — | $ | — | $ | 0.09 | ||||
| Weighted Average Shares - basic | 121,638 | 121,638 | |||||||||||||||||||
| Weighted Average Shares - diluted | 121,638 | 121,638 | |||||||||||||||||||
