| 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 | | Six Months Ended | | (in thousands, except per share amounts) | June 30, 2026 | | June 30, 2025 | | June 30, 2026 | | June 30, 2025 | | Numerator (basic): | | | | | | | | | | | | | | | | | | | | | | | | | Net (loss) income attributable to 3D Systems' common stock shareholders | $ | (12,861) | | | $ | 104,436 | | | $ | (17,285) | | | $ | 67,450 | | | Numerator (diluted): | | | | | | | | | Net (loss) income attributable to 3D Systems' common stock shareholders | $ | (12,861) | | | $ | 104,436 | | | $ | (17,285) | | | $ | 67,450 | | | Add back: Interest on 2030 Notes | — | | | 104 | | | — | | | 104 | | | Net (loss) income attributable to 3D Systems' common stock shareholders plus assumed conversions | $ | (12,861) | | | $ | 104,540 | | | $ | (17,285) | | | $ | 67,554 | | | | | | | | | | | Denominator: | | | | | | | | | Basic weighted average common shares outstanding | 148,968 | | | 132,280 | | | 146,130 | | | 132,370 | | | Effect of Dilutive securities: | | | | | | | | | Restricted stock and RSUs | — | | | 1,222 | | | — | | | 1,653 | | | Conversions of 2030 Notes | — | | | 49,214 | | | — | | | 49,214 | | | Diluted weighted average common shares outstanding | 148,968 | | | 182,716 | | | 146,130 | | | 183,237 | | | | | | | | | | | Net income (loss) per common share: | | | | | | | | | Basic | $ | (0.09) | | | $ | 0.79 | | | $ | (0.12) | | | $ | 0.51 | | | Diluted | $ | (0.09) | | | $ | 0.57 | | | $ | (0.12) | | | $ | 0.37 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
The following table presents the potentially dilutive shares that were excluded from the computation of diluted net loss per share attributable to common stockholders because their effect was considered anti-dilutive for the three and six months ended June 30, 2026 and 2025. | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | Six Months Ended | | (in thousands) | June 30, 2026 | | June 30, 2025 | | June 30, 2026 | | June 30, 2025 | Restricted stock, restricted stock units, and PSUs | 5,859 | | | 3,915 | | | 5,389 | | | 2,769 | | | Stock options | 160 | | | 160 | | | 160 | | | 160 | | | Total | 6,019 | | | 4,075 | | | 5,549 | | | 2,929 | |
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