3D Systems (DDD) 10-Q 9 Aug 22 2022 Q2 Quarterly report Financial data

Cover Page

Cover Page - shares	6 Months Ended
	Jun. 30, 2022	Aug. 04, 2022
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2022
Document Transition Report	false
Entity File Number	001-34220
Entity Registrant Name	3D SYSTEMS CORPORATION
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	95-4431352
Entity Address, Address Line One	333 Three D Systems Circle
Entity Address, City or Town	Rock Hill
Entity Address, State or Province	SC
Entity Address, Postal Zip Code	29730
City Area Code	803
Local Phone Number	326-3900
Title of each class	Common Stock, par value $0.001 per share
Trading Symbol	DDD
Name of each exchange on which registered	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		130,281,318
Entity Central Index Key	0000910638
Amendment Flag	false
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2022
Current Fiscal Year End Date	--12-31

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 298,834	$ 789,657
Short-term investments	339,386	0
Accounts receivable, net of reserves — $3,280 and $2,445	107,013	106,540
Inventories	106,001	92,887
Prepaid expenses and other current assets	44,608	42,653
Total current assets	895,842	1,031,737
Property and equipment, net	55,864	57,257
Intangible assets, net	70,005	45,835
Goodwill	382,498	345,588
Right of use assets	45,832	46,356
Deferred income tax asset	4,715	5,054
Other assets	27,200	17,272
Total assets	1,481,956	1,549,099
Current liabilities:
Current right of use liabilities	8,465	8,344
Accounts payable	62,226	57,366
Accrued and other liabilities	54,849	76,994
Customer deposits	6,153	7,281
Deferred revenue	30,675	28,027
Total current liabilities	162,368	178,012
Long-term debt, net of deferred financing costs	448,081	446,859
Long-term right of use liabilities	46,139	47,420
Deferred income tax liability	3,710	2,173
Other liabilities	35,851	32,254
Total liabilities	696,149	706,718
Commitments and contingencies (Note 14)
Redeemable noncontrolling interest	2,149	0
Stockholders’ equity:
Common stock, $0.001 par value, authorized 220,000 shares; shares issued and outstanding 130,304 and 128,375	130	128
Additional paid-in capital	1,525,734	1,501,210
Accumulated deficit	(681,011)	(621,251)
Accumulated other comprehensive loss	(61,195)	(37,706)
Total stockholders’ equity	783,658	842,381
Total liabilities, redeemable noncontrolling interests and stockholders’ equity	$ 1,481,956	$ 1,549,099

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Current assets:
Accounts receivable, reserves	$ 3,280	$ 2,445
Stockholders’ equity:
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized (in shares)	220,000,000	220,000,000
Common stock, shares issued (in shares)	130,304,000	128,375,000
Common stock shares, outstanding (in shares)	130,304,000	128,375,000

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Revenue:
Total revenue	$ 140,045	$ 162,557	$ 273,046	$ 308,673
Cost of sales:
Total cost of sales	86,907	93,552	166,113	175,428
Gross profit	53,138	69,005	106,933	133,245
Operating expenses:
Selling, general and administrative	64,404	61,463	119,819	111,063
Research and development	20,772	17,602	42,384	34,201
Total operating expenses	85,176	79,065	162,203	145,264
Loss from operations	(32,038)	(10,060)	(55,270)	(12,019)
Interest and other income (expense), net	329	(316)	(1,954)	38,537
(Loss) income before income taxes	(31,709)	(10,376)	(57,224)	26,518
(Provision) benefit for income taxes	(1,289)	744	(2,573)	9,078
Net (loss) income before redeemable non-controlling interest	(32,998)	(9,632)	(59,797)	35,596
Less: net (loss) attributable to redeemable noncontrolling interests	(37)	0	(37)	0
Net (loss) income attributable to 3D Systems Corporation	$ (32,961)	$ (9,632)	$ (59,760)	$ 35,596
Net (loss) income per common share:
Basic (in dollars per share)	$ (0.26)	$ (0.08)	$ (0.47)	$ 0.29
Diluted (in dollars per share)	$ (0.26)	$ (0.08)	$ (0.47)	$ 0.28
Weighted average shares outstanding:
Basic (in shares)	127,703	122,147	127,218	121,931
Diluted (in shares)	127,703	122,147	127,218	125,069
Products
Revenue:
Total revenue	$ 103,774	$ 108,638	$ 204,325	$ 202,286
Cost of sales:
Total cost of sales	65,331	62,635	123,803	115,999
Services
Revenue:
Total revenue	36,271	53,919	68,721	106,387
Cost of sales:
Total cost of sales	$ 21,576	$ 30,917	$ 42,310	$ 59,429

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Statement of Comprehensive Income [Abstract]
Net (loss) income	$ (32,998)	$ (9,632)	$ (59,797)	$ 35,596
Other comprehensive (loss) income , net of taxes:
Pension plan adjustments	165	28	266	209
Derivative financial instruments	0	0	0	721
Foreign currency translation	(16,386)	3,385	(19,732)	(22,224)
Unrealized loss on short-term investments	(528)	0	(4,023)	0
Foreign currency translation reclassification - sale of business	0	0	0	6,481
Total other comprehensive (loss) income, net of taxes	(16,749)	3,413	(23,489)	(14,813)
Total comprehensive (loss) income, net of taxes	(49,747)	(6,219)	(83,286)	20,783
Less: Comprehensive (loss) attributable to redeemable non-controlling interest	(37)	0	(37)	0
Total comprehensive (loss) income attributable to 3D Systems Corporation	$ (49,710)	$ (6,219)	$ (83,249)	$ 20,783

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Cash flows from operating activities:
Net (loss) income	$ (59,797)	$ 35,596
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities:
Depreciation and amortization	18,198	17,890
Stock-based compensation	20,061	30,576
Unrealized gain on exchange rate	0	(2,100)
Provision for inventory obsolescence and revaluation	97	1,100
Loss on hedge accounting de-designation and termination	0	721
Provision for bad debts	1,042	800
(Gain) on the disposition of businesses, property, equipment and other assets	0	(37,240)
Provision (benefit) for deferred income taxes and reserve adjustments	628	(9,014)
Asset impairment	24	0
Changes in operating accounts:
Accounts receivable	(6,173)	12,476
Inventories	(16,609)	9,132
Prepaid expenses and other current assets	(2,981)	(1,065)
Accounts payable	6,168	3,424
Deferred revenue and customer deposits	(704)	(531)
Accrued and other liabilities	1,618	(23,020)
All other operating activities	217	3,231
Net cash (used in) provided by operating activities	(38,211)	41,976
Cash flows from investing activities:
Purchases of property and equipment	(10,368)	(8,204)
Purchases of short-term investments	(384,450)	0
Sales and maturities of short-term investments	41,044	0
Proceeds from sale of assets and businesses, net of cash	0	54,747
Acquisitions and other investments, net	(83,312)	(10,912)
Other investing activities	0	(306)
Net cash (used in) provided by investing activities	(437,086)	35,325
Cash flows from financing activities:
Repayment of borrowings/long-term debt	0	(21,392)
Debt issuance cost	(16)	0
Purchase of noncontrolling interest	(2,300)	(4,000)
Payments related to net-share settlement of stock-based compensation	(10,047)	(6,629)
Other financing activities	(324)	(423)
Net cash used in financing activities	(12,687)	(32,444)
Effect of exchange rate changes on cash, cash equivalents and restricted cash	(2,047)	2,902
Net (decrease) increase in cash, cash equivalents and restricted cash	(490,031)	47,759
Cash, cash equivalents and restricted cash at the beginning of the period	789,970	84,711	[1]
Cash, cash equivalents and restricted cash at the end of the period	$ 299,939	$ 132,470	[1]
[1] The amounts for cash and cash equivalents shown above include restricted cash of $1,105 and $626 as of June 30, 2022, and 2021, respectively, and $313, $540, as of December 31, 2021 and 2020, respectively, which were included in prepaid expenses and other assets net on the condensed consolidated balance sheet.

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021	Jun. 30, 2021	Dec. 31, 2020
Statement of Cash Flows [Abstract]
Restricted cash, in prepaid expenses	$ 1,105		$ 626
Restricted cash in other assets		$ 313		$ 540

CONDENSED CONSOLIDATED STATEM_5

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock	Additional Paid In Capital	Treasury Stock	Accumulated Deficit	Accumulated Other Comprehensive Income (Loss)
Beginning balance (in shares) at Dec. 31, 2020		127,626
Beginning balance at Dec. 31, 2020	$ 430,723	$ 128	$ 1,404,964	$ (22,590)	$ (943,303)	$ (8,476)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shares issued related to repurchase of stock (in shares)		874
Shares issued related to repurchase of stock	(6,629)	$ 1	(6,630)
Shares issued to acquire assets and businesses (in shares)		157
Shares issued to acquire assets and businesses	3,500		3,500
Stock-based compensation expense	18,162		18,162
Net (loss) income	35,596				35,596
Unrealized loss on short-term investments	0
Pension plan adjustments	209					209
Termination of derivative instrument	721					721
Retirement of treasury shares (in shares)		(1,861)
Retirement of treasury shares	0	$ (2)	(12,096)	12,098
Foreign currency translation adjustment	(15,743)					(15,743)
Ending balance (in shares) at Jun. 30, 2021		126,796
Ending balance at Jun. 30, 2021	466,539	$ 127	1,407,900	(10,492)	(907,707)	(23,289)
Beginning balance (in shares) at Mar. 31, 2021		126,484
Beginning balance at Mar. 31, 2021	462,133	$ 126	1,397,276	(10,492)	(898,075)	(26,702)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shares issued related to net-share settlement of stock-based compensation (in shares)		155
Shares issued related to net-share settlement of stock-based compensation	(3,880)	$ 1	(3,881)
Shares issued to acquire assets and businesses (in shares)		157
Shares issued to acquire assets and businesses	3,500		3,500
Stock-based compensation expense	11,005		11,005
Net (loss) income	(9,632)				(9,632)
Unrealized loss on short-term investments	0
Pension plan adjustments	28					28
Termination of derivative instrument	0
Foreign currency translation adjustment	3,385					3,385
Ending balance (in shares) at Jun. 30, 2021		126,796
Ending balance at Jun. 30, 2021	$ 466,539	$ 127	1,407,900	(10,492)	(907,707)	(23,289)
Beginning balance (in shares) at Dec. 31, 2021	128,375	128,375
Beginning balance at Dec. 31, 2021	$ 842,381	$ 128	1,501,210	0	(621,251)	(37,706)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shares issued related to net-share settlement of stock-based compensation (in shares)		1,929
Shares issued related to net-share settlement of stock-based compensation	(10,046)	$ 2	(10,048)
Stock-based compensation expense	34,572		34,572
Net (loss) income	(59,760)				(59,760)
Unrealized loss on short-term investments	(4,023)					(4,023)
Pension plan adjustments	266					266
Termination of derivative instrument	0
Foreign currency translation adjustment	$ (19,732)					(19,732)
Ending balance (in shares) at Jun. 30, 2022	130,304	130,304
Ending balance at Jun. 30, 2022	$ 783,658	$ 130	1,525,734	0	(681,011)	(61,195)
Beginning balance (in shares) at Mar. 31, 2022		130,365
Beginning balance at Mar. 31, 2022	826,876	$ 130	1,519,242	0	(648,050)	(44,446)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shares issued related to net-share settlement of stock-based compensation (in shares)		(61)
Shares issued related to net-share settlement of stock-based compensation	(1,351)		(1,351)
Stock-based compensation expense	7,843		7,843
Net (loss) income	(32,961)				(32,961)
Unrealized loss on short-term investments	(528)					(528)
Pension plan adjustments	165					165
Termination of derivative instrument	0
Foreign currency translation adjustment	$ (16,386)					(16,386)
Ending balance (in shares) at Jun. 30, 2022	130,304	130,304
Ending balance at Jun. 30, 2022	$ 783,658	$ 130	$ 1,525,734	$ 0	$ (681,011)	$ (61,195)

CONDENSED CONSOLIDATED STATEM_6

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (Parenthetical) - $ / shares	Jun. 30, 2022	Dec. 31, 2021	Nov. 16, 2021	Jun. 30, 2021
Statement of Stockholders' Equity [Abstract]
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001	$ 0.001	$ 0.001

Basis of Presentation

Basis of Presentation	6 Months Ended
	Jun. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	(1) Basis of Presentation The accompanying unaudited condensed consolidated financial statements include the accounts of 3D Systems Corporation and all majority-owned subsidiaries and entities in which a controlling interest is maintained (“3D Systems” or the “Company” or “we,” “our,” or "us"). All significant intercompany transactions and balances have been eliminated in consolidation. The unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) and the rules and regulations of the Securities and Exchange Commission (“SEC”) applicable to interim reports. Accordingly, they do not include all the information and notes required by GAAP for complete financial statements and should be read in conjunction with the audited financial statements included in our Annual Report on Form 10-K for the year ended December 31, 2021 (“2021 Form 10-K”). Our annual reporting period is the calendar year. In the opinion of management, the unaudited condensed consolidated financial statements contain all adjustments, consisting of adjustments of a normal recurring nature, necessary to present fairly the financial position, results of operations, and cash flows for the periods presented. The results of operations for the three and six months ended June 30, 2022 are not necessarily indicative of the results to be expected for the full year. The preparation of financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements. Actual results may differ from those estimates and assumptions. The COVID-19 pandemic continues to impact the global economy, disrupt global supply chains, and create significant volatility in the financial markets. These factors have resulted in inflationary and cost pressures that have significantly increased, and continue to adversely impact, our production and distribution costs, including costs of spare parts and materials, packaging materials, and freight. We are also experiencing pressure on our supply chain due to strained transportation capacity, lack of sufficient labor availability, and manufacturing backlogs. In addition, Russia’s invasion of Ukraine has led to further economic disruption. While we do not operate in Ukraine, the impact of the conflict led to our exit from the Russian market in 2022. Additionally, the conflict continues to exacerbate inflationary cost pressures and supply chain constraints which are negatively impacting the global economy and our business. Due to the COVID-19 pandemic, our affiliates, employees, suppliers, customers, and others have been and may continue to be restricted or prevented from conducting normal business activities, including shutdowns, travel restrictions and other actions that may be requested or mandated by governmental authorities. We have reopened our offices and resumed business travel, with safety measures in place and in accordance with local guidance. We are managing our operations, continuing to monitor the ongoing impacts of COVID-19, and reviewing guidance from international and domestic authorities. We remain committed to protecting our employees, delivering for our customers, and supporting our communities. The COVID-19 pandemic and other factors impacting the current economic environment, such as inflation, weak economic conditions, including the possibility of a recession, and equity market volatility continued to impact our reported results for the years ended December 31, 2021 and 2020, as well as the three and six months ended June 30, 2022. We are unable to predict the longer-term impact that these factors may have on our business, results of operations, financial position or cash flows. The extent to which our operations may be impacted will depend largely on future developments, which are highly uncertain and cannot be accurately predicted, including the severity or resurgence of a COVID-19 outbreak, actions by government authorities to contain an outbreak or treat its impact, actions by government authorities to address inflationary and cost pressures, and the severity, length, and potential expansion of the conflict in Ukraine. The impacts of these uncertain global health, economic and geopolitical conditions could result in reduced customer demand due delays in purchasing decisions or the reduction in their use of our services, further supply chain disruptions, including the shortages of critical components, and continued disruptions to, and volatility in, the financial markets. Events surrounding the global economy, geopolitics, and the COVID-19 pandemic continue to evolve. Although we believe that we will ultimately emerge from these events well positioned for long-term growth, uncertainties remain and, as such, we cannot reasonably estimate the duration or extent of these adverse factors on our business, results of operations, financial position, or cash flows. As of January 1, 2021, we determined the Company has two reportable segments, Healthcare and Industrial. The Company previously only reported its consolidated results in one segment. This change in segment reporting as of January 1, 2021 was the result of changes to how the chief operating decision maker (“CODM”) assesses the financial performance of the Company and in the decision-making process driving future operating performance. As a result of this re-segmentation, the Company performed a quantitative analysis for potential impairment of our goodwill immediately following the re-segmentation. Based on available information and analysis as of January 1, 2021, we determined the fair value of the Healthcare and Industrial reporting units exceeded their carrying values. Fair value was determined using a combination of an income approach, which estimates fair value based upon projections of future revenues, expenses, and cash flows discounted to its present value, and a market approach. The valuation methodology and underlying financial information included in the Company's determination of fair value required significant judgments by management. The principal assumptions used in the Company's discounted cash flow analysis consisted of (a) the long-term projections of future financial performance and (b) the weighted-average cost of capital of market participants, adjusted for the risk attributable to the Company and the industry in which it operates. Under the market approach, the principal assumption included an estimate for a control premium. All dollar amounts and other amounts presented in the accompanying footnotes are presented in thousands, except for per share information. During the fourth quarter ended December 31, 2021, we became aware that certain amounts related to the purchase of non-controlling interests previously presented as investing cash outflows should have been reported as financing cash outflows within the statements of cash flows. The error affected the previously issued statements of cash flows for the three, six and nine month periods within the December 31, 2021, and 2020 annual periods as well as the annual periods ended December 31, 2020, and 2019. We note that this change did not impact the as reported net increase (decrease) in cash, cash equivalents and restricted cash within the annual 2020 and 2019 statements of cash flows or the interim statements of cash flows for the years ended December 31, 2021, and 2020. We further note that this reclassification did not affect our balance sheet, statements of operations, statements of comprehensive income (loss) and statements of stockholders' equity. We evaluated the materiality, including both quantitative and qualitative considerations, of this presentation-only error and concluded it was not material to any previously reported quarter or year-end financial statement. The impact of the change on our previously reported statement of cash flows for the six months ended June 30, 2021 is to increase net cash provided by investing activities by $4,000 and to decrease cash used in financing activities by $4,000. Six Months Ended June 30, 2021 As Reported Changed Revised Net cash provided by operating activities $ 41,976 $ — $ 41,976 Net cash provided by investing activities 31,325 4,000 35,325 Net cash (used in) financing activities (28,444) (4,000) (32,444) Effect of exchange rate changes on cash, cash equivalents and restricted cash 2,902 — 2,902 Net increase in cash, cash equivalents and restricted cash $ 47,759 $ — $ 47,759 Summary of Significant Accounting Policies Short-term investments A portion of the company's excess cash is invested in short-term investments. The company's short-term investment accounting policy is that securities with maturities greater than 90 days at the time of purchase that are available for operations in the next 12 months are classified as short-term investments. The Company’s short-term investments primarily consist of investment grade bonds, certificates of deposit, commercial paper, and short maturity bond funds all with a remaining maturity of generally less than twelve months at the date of purchase and are classified as available for sale. Interest and dividends on these investments are recorded into income when earned. Redeemable Noncontrolling Interest In connection with the 93.75% acquisition of Kumovis on April 1, 2022, as discussed in Note 2, the Company recorded a redeemable non-controlling interest (RNCI). The RNCI represents noncontrolling shareholders’ interest in Kumovis which is controlled but not wholly owned by 3D Systems and for which 3D Systems' obligation to redeem the minority shareholders’ interest is governed by a put/call relationship. Subsequent to the initial fair value measurement, which is currently in process as part of business combination accounting, the RNCI is recorded at the greater of its redemption value or its' carrying value at the end of each reporting period. If the RNCI is carried at its redemption value, the difference between the redemption value and the carrying value would be adjusted at the end of each reporting period through additional paid in capital. The Company will also perform a quarterly assessment to determine if the aforementioned redemption value exceeds the fair value of the RNCI. If the redemption value of the RNCI exceeds its fair value, the excess will reduce the net income attributable to 3D Systems shareholders. All other significant accounting policies described in the Form 10-K for the year ended December 31, 2021 remain unchanged. Recently Adopted Accounting Standards In October 2021, the Financial Accounting Standard Board ("FASB") issued Accounting Standard Update ("ASU") 2021-08, "Business Combinations (Topic 805) - Accounting for Contract Assets and Contract Liabilities from Contracts with Customers", which amends the Accounting Standards Codification ("ASC") 805 to add contract assets and contract liabilities to the list of exceptions to the recognition and measurement principles that apply to business combinations and to “require that an entity (acquirer) recognize and measure contract assets and contract liabilities acquired in a business combination in accordance with Topic 606.” While primarily related to contract assets and contract liabilities that were accounted for by the acquiree in accordance with ASC 606, “the amendments also apply to contract assets and contract liabilities from other contracts to which the provisions of Topic 606 apply, such as contract liabilities from the sale of nonfinancial assets within the scope of Subtopic 610-20.” For public business entities, the amendments in this Update are effective for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years. Early adoption of the amendments is permitted. The Company early adopted this standard in the first quarter of 2022, and it did not have an impact on the results of operations, cash flows or financial position.

Divestitures and Acquisitions

Divestitures and Acquisitions	6 Months Ended
	Jun. 30, 2022
Discontinued Operations and Disposal Groups [Abstract]
Divestitures and Acquisitions	(2) Divestitures and Acquisitions Divestitures There have been no dispositions during the six months ended June 30, 2022. In September 2021, we completed the sale of the Company’s On Demand Manufacturing business ("ODM") for $82,000, excluding certain customary closing adjustments. We recorded a gain on the sale of $38,490 included within Interest and other income (expense), net on the accompanying consolidated statements of operations for the year ended December 31, 2021. ODM was primarily included within the Industrial segment. At closing, the Company and the purchaser entered into a supply agreement and a transition services agreement pursuant to which the Company will provide certain information technology, corporate finance, tax, treasury, accounting, human resources and payroll, sales and marketing, operations, facilities and other customary services to support the purchaser in the ongoing operation of ODM for a period of time post-closing. At June 30, 2022 only the supply agreement is active. On August 24, 2021, we completed the sale of 100% of the issued and outstanding equity interests of Simbionix USA Corporation, which owned our global medical simulation business (“Simbionix”), for $305,000, excluding certain closing adjustments and excluding $6,794 of cash transferred to the purchaser. We recorded a gain on the sale of $271,404 included within Interest and other income (expense), net on the accompanying consolidated statements of operations for the year ended December 31, 2021. Additionally, we recognized a gain of $2,431 for accumulated foreign currency translation gain previously included in Accumulated other comprehensive loss (“AOCL”), which is included within Interest and other income (expense), net, for the year ended December 31, 2021. Simbionix was included within the Healthcare segment. On January 1, 2021, we completed the sale of 100% of the issued and outstanding equity interests of Cimatron Ltd. (“Cimatron”), the subsidiary that operated the Company’s Cimatron integrated CAD/CAM software for tooling business and its GibbsCAM CNC programming software business, for approximately $64,173, after certain adjustments and excluding $9,476 of cash amounts transferred to the purchaser. We recorded a gain on the sale o f $32,047 included within Interest and other income (expense), net on the accompanying condensed consolidated statements of operations for the six months ended June 30, 2021. Additionally, at the time of the sale, we recognized a gain of $6,481 for accumulated foreign currency translation gain previously included in AOCL, which is included within Interest and other income (expense), net, for the six months ended June 30, 2021. Cimatron would have been included within the Industrial segment. Acquisitions/Investments On April 1, 2022, we completed the acquisition of 93.75% of Kumovis GmbH ("Kumovis") for an all-cash purchase price of $37,726, before customary closing adjustments, plus an estimated RNCI of $2,418. $3,628 of the cash payment is deferred for up to fifteen months from the closing date. Kumovis, which is part of the Healthcare segment and reporting unit, utilizes polyether ether keton or “PEEK” materials, which has properties that lend it to many medical applications, including many implant applications, that fit into our personalized healthcare operations. The acquisition’s near term impact on the Company’s results of operations and cash flows are expected to be dilutive. In conjunction with the Kumovis acquisition, the Company and the non-controlling shareholders entered into a put/call option agreement whereby the Company has the option to purchase from the non-controlling shareholders and the non-controlling shareholders have the option to sell to the Company the remaining 6.25% ownership interest of Kumovis at a later date based on an exercise price to be calculated based on the achievement of pre-determined revenue and gross profit targets. 50% of the Kumovis common shares related to the put/call can be exercised upon the achievement of an initial revenue and gross profit target while the remaining 50% can be exercised upon the achievement of a second revenue and gross profit target. If one or both sets of targets are not met after 5.75 years from the acquisition date, there is a floor strike price that must be exercised. Up to 50% of the exercise price can be paid in Company commons stock at the election of 3D Systems. This arrangement results in an RNCI for which an estimated fair value of $2,418 was recorded as of the acquisition date. The actual fair value of the RNCI is in process of being determined as part of business combination accounting. We accounted for the acquisition of Kumovis using the acquisition method as prescribed by ASC 805, "Business Combinations" (“ASC 805”). In accordance with valuation methodologies described in ASC 820, "Fair Value Measurement" (“ASC 820”), the acquired assets and assumed liabilities were recorded at their estimated fair values as of the date of the Kumovis acquisition. Below is the fair value of consideration transferred. (in thousands) Cash Paid at acquisition $ 34,098 Deferred cash consideration 3,628 Estimated Fair Value of RNCI 2,418 Total fair value of consideration transferred $ 40,144 Shown below is the preliminary purchase price allocation, which summarizes the fair value of the assets and liabilities assumed, at the date of acquisition: (in thousands) Current assets, including cash acquired of $125 $ 1,408 Intangible assets: Product technology $ 7,886 Trade name 5,602 Total intangible assets 13,488 Goodwill 26,277 Other assets 705 Liabilities: Accounts payable and accrued liabilities $ 332 Deferred revenue 70 Deferred Tax Liability 1,332 Total liabilities 1,734 Net assets acquired $ 40,144 As of June 30, 2022, the purchase price allocation for Kumovis is preliminary. The Company has performed a preliminary valuation of the fair market value of acquired assets and liabilities and continues to review and adjust the values. Additionally, the Company is in the process of determining the acquisition date fair value of the RNCI. The Company is also reviewing the final closing balance sheets and may adjust the assets and liabilities based on its final review. The Company is also in the process of completing the pre-acquisition tax returns to determine the final tax positions, including net operating losses and any required valuation allowance. The final purchase price allocations will be completed when the Company has finished and reviewed the valuations, the acquired balance sheets and the pre-acquisition tax returns. The final allocations could differ materially from the preliminary allocations. The final allocations may include changes in allocations to acquired intangible assets and goodwill, changes to assets and liabilities, including but not limited to tax assets and liabilities, including deferred taxes and changes to the RNCI. The estimated useful lives of acquired intangible assets are also preliminary. On April 1, 2022, we completed the 100% acquisition of Titan Additive LLC ("Titan") for an all-cash purchase price of $39,500, before customary closing adjustments. Titan, which is part of Industrial segment and reporting unit, is a pellet-based extrusion platform that addresses customer applications requiring large build volumes, superior performance, and improved productivity at significantly lower cost. We believe the acquisition of Titan will open up new markets in the Industrial segment. The impact of the acquisition is not expected to have a near-term material impact to the Company's financial position, statement of operations or cash flows. We accounted for the acquisition of Titan using the acquisition method as prescribed by ASC 805. In accordance with valuation methodologies described in ASC 820, the acquired assets and assumed liabilities were recorded at their estimated fair values as of the date of the Titan acquisition. Shown below is the preliminary purchase price allocation, which summarizes the fair value of the assets and liabilities assumed, at the date of acquisition: (in thousands) Current assets $ 661 Intangible assets: Product technology $ 9,370 Trade name 5,580 Total intangible assets 14,950 Goodwill 24,043 Other assets 479 Liabilities: Accounts payable and accrued liabilities $ 223 Deferred revenue 410 Total liabilities 633 Net assets acquired $ 39,500 As of June 30, 2022, the purchase price allocation for Titan is preliminary. The Company has performed a preliminary valuation of the fair market value of acquired assets and liabilities and continues to review and adjust the values. The Company is also reviewing the final closing balance sheets and may adjust the assets and liabilities based on its final review. The Company is also in the process of completing the pre-acquisition tax returns in order to determine the final tax positions, including net operating losses and any required valuation allowance. The final purchase price allocations will be completed when the Company has finished and reviewed the valuations, the acquired balance sheets and the pre-acquisition tax returns. The final allocations could differ materially from the preliminary allocations. The final allocations may include changes in allocations to acquired intangible assets and goodwill, changes to assets and liabilities, including but not limited to tax assets and liabilities, including deferred taxes. The estimated useful lives of acquired intangible assets are also preliminary. In March 2022, we and the Saudi Arabian Industrial Investments Company ("Dussur") signed an agreement to form a joint venture intended to expand the use of additive manufacturing within the Kingdom of Saudi Arabia and surrounding geographies, including the Middle East and North Africa. The joint venture is to enable the development of Saudi Arabia's domestic additive manufacturing production capabilities, consistent with the Kingdom’s ‘Vision 2030,’ which is focused on diversification of the economy and long-term sustainability. Once the joint venture is formed, 3D Systems will own approximately 49% and is committed to an initial investment of about $6,500. Additional future investments are contingent upon achievement of certain milestones by the joint venture. The expected impact on the Company’s financial position, results of operations and cash flows are not expected to be material other than the cash outflow(s) related to the initial and contingent investments. In March 2022, we made a $10,000 investment in convertible preferred shares for an approximate 26.6% ownership in Enhatch Inc. ("Enhatch"), the developer of the Intelligent Surgery Ecosystem, and simultaneously entered into a collaboration and supply agreement with Enhatch. We also obtained warrants to purchase additional shares of Enhatch and the right to purchase, in the future, the remaining shares of Enhatch that 3D Systems does not own if certain revenue targets are achieved. Enhatch's Intelligent Surgery Ecosystem provides technologies which streamline and scale the design and delivery of patient-specific medical devices by automating the process. Incorporating these capabilities into 3D Systems’ workflow for patient-specific solutions, which includes advanced software, expert treatment planning services, custom implants and instrumentation design, and industry-leading production processes, which will help more efficiently meet the growing demand for personalized medical devices. The expected impact on the Company’s financial position, results of operations and cash flows is not expected be material other than potential future cash used to exercise the warrants or call option. The investment, including the call option and warrants, is recorded in other assets on the consolidated balance sheet. As of the investment date, a fair value was determined for each element, the convertible preferred shares, the call option and the warrant, for which the total fair value of all three was $10,000. After the investment date, the convertible preferred shares and call option are recorded at their initial fair value and are evaluated for impairment or the existence of an orderly and observable transaction indicating a change in value is appropriate for which the adjustment will be recorded through the statement of operations. The warrants will be marked to market on a quarterly basis with the changes in value recorded through the statement of operations. The fair value of the convertible preferred shares/call option and warrant as of the investment date was $9,670 and $330, respectively. On November 1, 2021, we acquired Oqton, Inc. (“Oqton”), for $187,425, of which $106,785 was paid in cash and the remainder was paid via the issuance of 2,553 shares of the Company’s common stock having a fair value at the date of issuance of $80,697. The acquisition’s near term impact on the Company’s results of operations and cash flows are expected to be dilutive. Oqton's operating results are reported in the Industrial segment. We incurred approximately $1,780 of acquisition related expenses. Oqton is a software company that creates an intelligent, cloud-based Manufacturing Operating System (MOS) platform tailored for flexible production environments that increasingly utilize a range of advanced manufacturing and automation technologies, including additive manufacturing solutions, in their production workflows. The cloud-based solution leverages the Industrial Internet of Things, artificial intelligence, and machine learning technologies to deliver a solution for customers to automate their digital manufacturing workflows, scale their operations and enhance their competitive position. The Oqton acquisition will allow the Company to expand its existing additive manufacturing software suite to the entire additive industry. We accounted for the acquisition of Oqton using the acquisition method as prescribed by ASC 805. In accordance with valuation methodologies described in ASC 820, the acquired assets and assumed liabilities were recorded at their estimated fair values as of the date of the Oqton acquisition. Shown below is the preliminary purchase price allocation, which summarizes the fair value of the assets and liabilities assumed, at the date of acquisition: (in thousands) Current assets, including cash acquired of $3,454 $ 8,344 Intangible assets: Product technology $ 12,600 Trade name 7,300 Total intangible assets 19,900 Goodwill 165,611 Other assets 703 Liabilities: Accounts payable and accrued liabilities $ 6,643 Deferred revenue 490 Total liabilities 7,133 Net assets acquired $ 187,425 The Company has performed a preliminary valuation of the fair market value of acquired assets and liabilities. The Company is also reviewing the final closing balance sheets and may adjust the assets and liabilities based on its final review. The Company is also in the process of completing the final 2021 tax returns in order to determine the final tax positions, including net operating losses and any required valuation allowance. The final purchase price allocation will be completed when the Company has finished and reviewed the valuations, the acquired balance sheets and the pre-acquisition tax returns. The final allocations could differ materially from the preliminary allocations. The final allocations may include changes in allocations to acquired intangible assets and goodwill, changes to assets and liabilities, including but not limited to tax assets and liabilities, including deferred taxes. The estimated useful lives of acquired intangible assets are also preliminary. On December 1, 2021, we acquired Volumetric Biotechnologies, Inc. (“Volumetric”), for $40,173 of which $24,814 was paid in cash and the remainder was paid via the issuance of 720 shares of the Company's common stock having a fair value on the date of issuance of $15,358. Additional payments of up to $355,000 are possible upon the attainment of seven non-financial milestones through December 31, 2030 to 2035 and the continued employment of certain key individuals from Volumetric. Any additional payments made will be paid approximately half in cash and half in shares of the Company’s common stock. The additional payments are considered compensation expense which will be recorded ratably from the time a milestone is deemed probable of achievement to the estimated time of achievement. Any compensation expense recorded will be reversed if the milestone is no longer probable of achievement. One of the seven milestones is considered probable of achievement for which $3,979 and $7,959 of expense was recorded in the three and six months ended June 30, 2022. Volumetric is part of the Healthcare reporting unit and segment. The acquisition’s near-term impact on the Company's results of operations and cash flows are expected to be dilutive. The impact of potential share issuance related to the achievement of milestones is not included in dilutive shares until the milestone is met. We incurred approximately $1,306 of acquisition related expenses. Volumetric’s mission is to develop the ability to manufacture human organs using bioprinting methods and the underlying technologies required to create these highly complex biological structures. With this acquisition, 3D Systems seeks to expand our capabilities and capacity in 3D printing related to bio-printing and regenerative medicine. Combining 3D Systems' regenerative medicine group with Volumetric’s highly complementary skill sets of biological expertise and cellular engineering is expected to accelerate our core regenerative medicine strategies which include the bio-printing of human organs, additional non-organ applications and bio-printing technologies for research labs. We accounted for the acquisition of Volumetric using the acquisition method as prescribed by ASC 805. In accordance with valuation methodologies described in ASC 820, the acquired assets and assumed liabilities were recorded at their estimated fair values as of the date of acquisition. Shown below is the updated preliminary purchase price allocation, which summarizes the fair value of the assets and liabilities assumed, as of the date of the Volumetric acquisition: (in thousands) Current assets, including cash acquired of $389 $ 3,143 Intangible assets: Developed Technology $ 1,100 Distributor Relationship 400 Total intangible assets 1,500 Goodwill 37,492 Other assets 1,194 Liabilities: Accounts payable and accrued liabilities 3,156 Total liabilities 3,156 Net assets acquired $ 40,173 As of June 30, 2022, the purchase price allocation for Volumetric is preliminary. The Company has performed a valuation of the fair market value of acquired assets and liabilities and continues to review and adjust the values. The Company is also reviewing the final closing balance sheets and may adjust the assets and liabilities based on its final review. The Company is also in the process of completing the final 2021 tax returns in order to determine the final tax positions, including net operating losses and any required valuation allowance. The final purchase price allocation will be completed when the Company has finished and reviewed the valuations, the acquired balance sheets and the pre-acquisition tax returns. The final allocation could differ materially from the preliminary allocations. The final allocations may include changes in allocations to acquired intangible assets and goodwill, changes to assets and liabilities, including but not limited to tax assets and liabilities, including deferred taxes. The estimated useful lives of acquired intangible assets are also preliminary. In May 2021, we purchased Allevi, Inc. to expand regenerative medicine initiatives into medical and pharmaceutical research and development laboratories. Additionally, in June 2021, we closed the acquisition of a German software firm, Additive Works GmbH (“Additive”). Additive expands the simulation capabilities for rapid optimization of industrial-scale 3D printing processes. The purchase price for both acquisitions, individually and combined, and the impacts to the Company’s financial position, results of operations and cash flows are not material. Acquisitions of Noncontrolling Interests As of December 31, 2018, the Company owned approximately 70% of the capital and voting rights of Easyway, a service bureau and distributor of 3D printing and scanning products in China. Approximately 65% of the capital and voting rights of Easyway were acquired on April 2, 2015, and an additional 5% of the capital and voting rights of Easyway were acquired on July 19, 2017 for $2,300. The remaining 30% of the capital and voting rights of Easyway were acquired on January 21, 2019 for $13,500 to be paid in installments over four years for which $2,300 and $4,000 were paid in the first half of 2022 and 2021, respectively. As of June 30, 2022 there are no more installments due.

Revenue

Revenue	6 Months Ended
	Jun. 30, 2022
Revenue from Contract with Customer [Abstract]
Revenue	(3) Revenue We account for revenue in accordance with ASC Topic 606, “ Revenue from Contracts with Customers .” Performance Obligations A performance obligation is a promise in a contract to transfer a distinct good or service to the customer and is the unit of account in ASC Topic 606. A contract’s transaction price is allocated to each distinct performance obligation and recognized as revenue when, or as, the performance obligation is satisfied. At June 30, 2022, we had $127,096 of outstanding performance obligations, comprised of deferred revenue, customer order backlog and customer deposits. We expect to recognize approximately 87.9% of deferred revenue as revenue within the next twelve months, an additional 8.0% by the end of 2023 and the remaining balance thereafter. Revenue Recognition Revenue is recognized when control of the promised products or services is transferred to customers in an amount that reflects the consideration we expect to receive in exchange for those products or services. We enter into contracts that can include various combinations of products and services, which are generally capable of being distinct and accounted for as separate performance obligations. Many of our contracts with customers include multiple performance obligations. For such arrangements, we allocate revenue to each performance obligation based on its relative stand-alone selling price (“SSP”). Revenue is recognized net of allowances for returns and any taxes collected from customers, which are subsequently remitted to governmental authorities. The amount of consideration received and revenue recognized may vary based on changes in marketing incentive programs offered to our customers. Our marketing incentive programs take many forms, including volume discounts, trade-in allowances, rebates and other discounts. A majority of our revenue is recognized at the point in time when products are shipped or services are delivered to customers. Please see below for further discussion. Hardware and Materials Revenue from hardware and material sales is recognized when control has transferred to the customer, which typically occurs when the goods have been shipped to the customer, risk of loss has transferred to the customer and we have a present right to payment. In limited circumstances, when printer or other hardware sales include substantive customer acceptance provisions, revenue is recognized either when customer acceptance has been obtained, customer acceptance provisions have lapsed, or we have objective evidence that the criteria specified in the customer acceptance provisions have been satisfied. Printers and certain other products include a warranty under which we provide maintenance for periods up to one year. For these initial product warranties, estimated costs are accrued at the time of the sale of the product. These cost estimates are established using historical information on the nature, frequency and average cost of claims for each type of printer or other product as well as assumptions about future activity and events. Revisions to expense accruals are made as necessary based on changes in these historical and future factors. Software We also market and sell software tools that enable our customers to capture and customize content using our printers, design optimization and simulation software, and reverse engineering and inspection software. Software does not require significant modification or customization and the license provides the customer with a right to use the software as it exists when made available. Revenue from these software licenses is recognized either upon delivery of the product or upon delivery of a key code which allows the customer to download the software. Customers may purchase post-sale support. Generally, the first year of post-sale support is included as part of the initial software sale but subsequent years are optional. This optional support is considered a separate obligation from the software and is deferred at the time of sale and subsequently recognized ratably over future periods. Collaboration and Licensing Agreements We enter into collaboration and licensing agreements with third parties. The nature of the activities to be performed and the consideration exchanged under the agreements varies on a contract-by-contract basis. We evaluate these agreements to determine whether they meet the definition of a customer relationship for which revenue is recorded. These contracts may contain multiple performance obligations and may contain fees for licensing, research and development services, contingent milestone payments upon the achievement of developmental contractual criteria and/or royalty fees based on the licensees’ product revenue. We determine the revenue to be recognized for these agreements based on an evaluation of the distinct performance obligations, the identification and evaluation of material rights, the estimation of variable consideration and the determination of the pattern on transfer of control for each distinct performance obligation. The Company recognized $3,342 and $2,040 in revenue related to collaboration arrangements with customers for the quarters ended June 30, 2022 and 2021, respectively. The Company recognized $5,774 and $3,847 related to collaboration arrangements with customers for the six months ended June 30, 2022 and 2021, respectively. Services We offer training, installation and non-contract maintenance services for our products. Additionally, we offer maintenance contracts customers can purchase at their option. For maintenance contracts, revenue is deferred at the time of sale based on the stand-alone selling prices of these services and costs are expensed as incurred. Deferred revenue is recognized ratably over the term of the maintenance period on a straight-line basis. Revenue from training, installation and non-contract maintenance services is recognized at the time of performance of the service. We have also recently commenced selling software as a service whereby the customer has the right to access the software. Revenue is recognized ratably over the related subscription period as our performance obligation to provide access to the software is progressively fulfilled over the stated term of the contract. ODM and healthcare service sales are included within services revenue and revenue is recognized upon shipment or delivery of the parts or performance of the service, based on the terms of the arrangement. We sold ODM in the third quarter of 2021. See Note 2. Terms of Sale Shipping and handling activities are treated as fulfillment costs rather than as an additional promised service. We accrue the costs of shipping and handling when the related revenue is recognized. Our incurred costs associated with shipping and handling are included in product cost of sales. Credit is extended, and creditworthiness is determined, based on an evaluation of each customer’s financial condition. New customers are generally required to complete a credit application and provide references and bank information to facilitate an analysis of creditworthiness. Our terms of sale generally provide payment terms that are customary in the countries where we transact business. To reduce credit risk in connection with certain sales, we may, depending upon the circumstances, require significant deposits, letters of credit or payment in full prior to shipment. For maintenance services, we either bill customers on a time-and-materials basis or sell maintenance contracts that provide for payment in advance on either an annual or other periodic basis. Significant Judgments Our contracts with customers often include promises to transfer multiple products and services to a customer. For such arrangements, we allocate revenues to each performance obligation based on its relative SSP. Judgment is required to determine the SSP for each distinct performance obligation in a contract. For the majority of items, we estimate SSP using historical transaction data. We use a range of amounts to estimate SSP when we sell each of the products and services separately and need to determine whether there is a discount to be allocated based on the relative SSP of the various products and services. In instances where SSP is not directly observable, such as when the product or service is not sold separately, we determine the SSP using information that may include market conditions and other observable inputs. In some circumstances, we have more than one SSP for individual products and services due to the stratification of those products and services by customers, geographic region or other factors. In these instances, we may use information such as the size of the customer and geographic region in determining the SSP. The determination of SSP is a regular process and information is reviewed regularly in order to ensure SSP reflects the most current information or trends. The nature of our marketing incentives may lead to consideration that is variable. Judgment is exercised at contract inception to determine the most likely outcome of the contract and resulting transaction price. Ongoing assessments are performed to determine if updates are needed to the original estimates. Contract Balances The timing of revenue recognition, billings and cash collections results in billed accounts receivable, unbilled receivables (contract assets), customer deposits and deferred revenues (contract liabilities) on the condensed consolidated balance sheets. Timing of revenue recognition may differ from the timing of invoicing to customers. We record a receivable when revenue is recognized at the time of invoicing, or unbilled receivables when revenue is recognized prior to invoicing. For most of our contracts, customers are invoiced when products are shipped or when services are performed resulting in billed accounts receivables for the remainder of the owed contract price. Unbilled receivables generally result from items being shipped or services being performed where the customer has not been charged, but for which revenue had been recognized. We typically bill in advance for installation, training and maintenance contracts as well as extended warranties, resulting in deferred revenue. Changes in contract asset and liability balances were not materially impacted by any other factors for the six months ended June 30, 2022. In circumstances where a customer arrangement results in both a contract asset and contract liability these assets and liabilities are netted for balance sheet presentation purposes. For the six months ended June 30, 2022, we recognized revenue of $20,996 related to our contract liabilities at December 31, 2021 . For the six months ended June 30, 2021, we recognized revenue of $24,740 related to our contract liabilities at December 31, 2020. Practical Expedients and Exemptions We generally expense sales commissions when incurred because the amortization period would be one year or less. These costs are recorded within selling, general and administrative expenses.

Segment Information

Segment Information	6 Months Ended
	Jun. 30, 2022
Segment Reporting [Abstract]
Segment Information	(4) Segment Information Effective January 1, 2021, we identified two operating segments, Healthcare and Industrial. This change in reportable segments was necessitated as a result of changes to our enterprise wide financial reporting to reflect the re-organization of the business into the Healthcare and Industrial verticals that were launched January 1, 2021 at the request of our CODM. These changes resulted in revisions to the financial information provided to the CODM on a recurring basis in his evaluation of financial performance of the Company and in the decision-making process driving future operating performance. The following tables set forth our operating results by segment: Three Months Ended June 30, 2022 2021 Healthcare Industrial Consolidated Healthcare Industrial Consolidated (in thousands) Revenue (a) $ 71,746 $ 68,299 $ 140,045 $ 82,826 $ 79,731 $ 162,557 Cost of sales 45,130 41,777 86,907 44,207 49,345 93,552 Gross profit 26,616 26,522 $ 53,138 38,619 30,386 69,005 Less: Segment operating expenses 17,747 24,058 41,805 16,366 20,528 36,894 Segment operating income 8,869 2,464 11,333 22,253 9,858 32,111 General corporate expense, net (b) 43,371 42,171 Operating (loss) $ (32,038) $ (10,060) Six Months Ended June 30, 2022 2021 Healthcare Industrial Consolidated Healthcare Industrial Consolidated (in thousands) Revenue (a) $ 136,091 $ 136,955 $ 273,046 $ 155,347 $ 153,326 $ 308,673 Cost of sales 84,762 81,351 166,113 82,865 92,563 175,428 Gross profit 51,329 55,604 $ 106,933 72,482 60,763 133,245 Less: Segment operating expenses 34,757 46,854 81,611 30,436 38,283 68,719 Segment operating income $ 16,572 $ 8,750 25,322 $ 42,046 $ 22,480 64,526 General corporate expense, net (b) 80,592 76,545 Operating (loss) $ (55,270) $ (12,019) a. Approximately 43.6% and 43.9% of sales for the three months ended June 30, 2022 and 2021, respectively, and 44.1% and 43.8% of sales for the six months ended June 30, 2022 and 2021, respectively, were located outside of the U.S. b. General corporate expense, net includes expenses not specifically attributable to our segments for functions such as human resources, finance, legal, information technology, including salaries, benefits, and other related costs, company wide incentive compensation and stock-compensation.

Leases

Leases	6 Months Ended
	Jun. 30, 2022
Leases [Abstract]
Leases	(5) Leases We have various lease agreements for our facilities, equipment and vehicles with remaining lease terms ranging from one one Most of our leases do not provide an implicit rate; therefore, we use our incremental borrowing rate based on the information available at the commencement date to determine the present value of the future lease payments. Certain of our leases include variable costs. Variable costs include non-lease components that were incurred based upon actual terms rather than contractually fixed amounts. In addition, incremental lease payments that are indexed to a change in rate or index are considered variable costs. Because the ROU asset and lease liability recorded on the balance sheet was determined based upon factors considered at the commencement date, subsequent changes in the rate or index that were not contemplated, result in variable expenses being incurred when actual payments differ from estimated payments. On February 25, 2021, the Company entered into an agreement to amend its lease for its corporate office and extended the term. As part of this agreement, the Company sold land owned adjacent to our corporate office for $389 and entered into a lease with the buyer of the land for a new building, containing approximately 80,000 to 100,000 rentable square feet, to be constructed and funded by the lessor up to a certain amount. The lease terms, as amended, for both the existing building and the expansion site extend through August 2037. The lease for the new building will not commence until construction is substantially complete and the total estimated lease payments as of June 30, 2022 are $16,875 which are not included in the lease information below as the lease has not commenced. Additionally, we entered into a lease for a new building in Littleton, CO containing approximately 50,000 rentable square feet to be constructed and funded by the lessor up to a certain amount. The lease term is for ten years upon commencement which is when construction is substantially complete. The total estimated lease payments at June 30, 2022 are $14,233 which are not included in the lease information below as the lease has not yet commenced. Components of lease cost (income) are as follows: Three Months Ended June 30, Six Months Ended June 30, (in thousands) 2022 2021 2022 2021 Operating lease cost $ 2,386 $ 2,669 $ 4,573 $ 5,182 Finance lease cost - amortization expense 153 156 312 306 Finance lease cost - interest expense 49 62 102 125 Short-term lease cost 268 37 431 91 Variable lease cost 579 704 1,117 984 Sublease income (63) (156) (127) (313) Total $ 3,372 $ 3,472 $ 6,408 $ 6,375 Balance sheet classifications at June 30, 2022 and December 31, 2021 are summarized below: June 30, 2022 December 31, 2021 (in thousands) Right of use assets Current right of use liabilities Long-term right of use liabilities Right of use assets Current right of use liabilities Long-term right of use liabilities Operating Leases $ 42,459 $ 7,826 $ 42,610 $ 42,502 $ 7,711 $ 43,359 Finance Leases 3,373 639 3,529 3,854 633 4,061 Total $ 45,832 $ 8,465 $ 46,139 $ 46,356 $ 8,344 $ 47,420 Our future minimum lease payments as of June 30, 2022 under operating lease and finance leases, with initial or remaining lease terms in excess of one year, are as follows: June 30, 2022 (in thousands) Operating Leases Finance Leases Remainder of 2022 $ 5,295 $ 399 2023 $ 9,995 $ 775 2024 $ 8,403 $ 729 2025 $ 6,483 $ 680 2026 $ 5,797 $ 603 Thereafter $ 26,999 $ 1,605 Total lease payments $ 62,972 $ 4,791 Less: imputed interest $ (12,536) $ (623) Present value of lease liabilities $ 50,436 $ 4,168 Supplemental cash flow information related to our leases for the six months ending June 30, 2022 and June 30, 2021 were as follows: (in thousands) June 30, 2022 June 30, 2021 Cash paid for amounts included in the measurement of lease liabilities: Operating cash outflow from operating leases $ 5,075 $ 5,521 Operating cash outflow from finance leases 102 125 Financing cash outflow from finance leases $ 324 $ 329 Weighted-average remaining lease terms and discount rate for our leases as of June 30, 2022, were as follows: June 30, 2022 Operating Financing Weighted-average remaining lease term (in years) 8.3 6.8 Weighted-average discount rate 5.55% 4.56%
Leases	(5) Leases We have various lease agreements for our facilities, equipment and vehicles with remaining lease terms ranging from one one Most of our leases do not provide an implicit rate; therefore, we use our incremental borrowing rate based on the information available at the commencement date to determine the present value of the future lease payments. Certain of our leases include variable costs. Variable costs include non-lease components that were incurred based upon actual terms rather than contractually fixed amounts. In addition, incremental lease payments that are indexed to a change in rate or index are considered variable costs. Because the ROU asset and lease liability recorded on the balance sheet was determined based upon factors considered at the commencement date, subsequent changes in the rate or index that were not contemplated, result in variable expenses being incurred when actual payments differ from estimated payments. On February 25, 2021, the Company entered into an agreement to amend its lease for its corporate office and extended the term. As part of this agreement, the Company sold land owned adjacent to our corporate office for $389 and entered into a lease with the buyer of the land for a new building, containing approximately 80,000 to 100,000 rentable square feet, to be constructed and funded by the lessor up to a certain amount. The lease terms, as amended, for both the existing building and the expansion site extend through August 2037. The lease for the new building will not commence until construction is substantially complete and the total estimated lease payments as of June 30, 2022 are $16,875 which are not included in the lease information below as the lease has not commenced. Additionally, we entered into a lease for a new building in Littleton, CO containing approximately 50,000 rentable square feet to be constructed and funded by the lessor up to a certain amount. The lease term is for ten years upon commencement which is when construction is substantially complete. The total estimated lease payments at June 30, 2022 are $14,233 which are not included in the lease information below as the lease has not yet commenced. Components of lease cost (income) are as follows: Three Months Ended June 30, Six Months Ended June 30, (in thousands) 2022 2021 2022 2021 Operating lease cost $ 2,386 $ 2,669 $ 4,573 $ 5,182 Finance lease cost - amortization expense 153 156 312 306 Finance lease cost - interest expense 49 62 102 125 Short-term lease cost 268 37 431 91 Variable lease cost 579 704 1,117 984 Sublease income (63) (156) (127) (313) Total $ 3,372 $ 3,472 $ 6,408 $ 6,375 Balance sheet classifications at June 30, 2022 and December 31, 2021 are summarized below: June 30, 2022 December 31, 2021 (in thousands) Right of use assets Current right of use liabilities Long-term right of use liabilities Right of use assets Current right of use liabilities Long-term right of use liabilities Operating Leases $ 42,459 $ 7,826 $ 42,610 $ 42,502 $ 7,711 $ 43,359 Finance Leases 3,373 639 3,529 3,854 633 4,061 Total $ 45,832 $ 8,465 $ 46,139 $ 46,356 $ 8,344 $ 47,420 Our future minimum lease payments as of June 30, 2022 under operating lease and finance leases, with initial or remaining lease terms in excess of one year, are as follows: June 30, 2022 (in thousands) Operating Leases Finance Leases Remainder of 2022 $ 5,295 $ 399 2023 $ 9,995 $ 775 2024 $ 8,403 $ 729 2025 $ 6,483 $ 680 2026 $ 5,797 $ 603 Thereafter $ 26,999 $ 1,605 Total lease payments $ 62,972 $ 4,791 Less: imputed interest $ (12,536) $ (623) Present value of lease liabilities $ 50,436 $ 4,168 Supplemental cash flow information related to our leases for the six months ending June 30, 2022 and June 30, 2021 were as follows: (in thousands) June 30, 2022 June 30, 2021 Cash paid for amounts included in the measurement of lease liabilities: Operating cash outflow from operating leases $ 5,075 $ 5,521 Operating cash outflow from finance leases 102 125 Financing cash outflow from finance leases $ 324 $ 329 Weighted-average remaining lease terms and discount rate for our leases as of June 30, 2022, were as follows: June 30, 2022 Operating Financing Weighted-average remaining lease term (in years) 8.3 6.8 Weighted-average discount rate 5.55% 4.56%

Inventories

Inventories	6 Months Ended
	Jun. 30, 2022
Inventory Disclosure [Abstract]
Inventories	(6) Inventories Components of inventories at June 30, 2022 and December 31, 2021 are summarized as follows: (in thousands) June 30, 2022 December 31, 2021 Raw materials $ 32,985 $ 23,530 Work in process 7,997 5,173 Finished goods and parts 65,019 64,184 Inventories $ 106,001 $ 92,887 We record a reserve to the carrying value of our inventory to reflect the rapid technological change in our industry that impacts the market for our products. The inventory reserve was $16,041 and $16,509 as of June 30, 2022 and December 31, 2021, respectively. At June 30, 2022, our obligation to repurchase inventory, included in accrued and other liabilities on our condensed consolidated balance sheets, was $1,482, relating to the sale of inventory to an assembly manufacturer and we had a commitment of $5,775 with the assembling manufacturer to purchase certain materials and supplies they acquired from third parties. At June 30, 2022, inventory held at assemblers was $2,768. Additionally, $764 and $502 of inventory was transferred to property and equipment during the quarters ended June 30, 2022 and 2021, respectively. In the second quarter of 2022 we notified one of our contract manufacturers of our intent to terminate the manufacturing services arrangement and in-source the assembly and production process. The exit agreement was finalized in July 2022 and includes a $1,670 exit fee accrued in the second quarter of 2022 and the commitment to purchase $23,913 of inventory from the assembly manufacturer and $369 of fixed assets. Part of the inventory purchased was prepaid during previous quarters for $8,892 which resulted in a net payment of $17,060 in July 2022.

Goodwill and Intangible Assets

Goodwill and Intangible Assets	6 Months Ended
	Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	(7) Goodwill and Intangible Assets The following table summarizes the activity in goodwill: Six Months Ended June 30, 2022 Healthcare Industrial Consolidated (in thousands) Gross Goodwill Impairments Net Goodwill Gross Goodwill Impairments Net Goodwill Gross Goodwill Impairments Net Goodwill Balance at beginning of year $ 121,970 $ (32,055) $ 89,915 $ 298,002 $ (42,329) $ 255,673 $ 419,972 $ (74,384) $ 345,588 Acquisitions 25,065 — 25,065 22,357 — 22,357 47,422 — 47,422 Foreign currency translation adjustments (4,531) — (4,531) (5,981) — (5,981) (10,512) — (10,512) Total goodwill $ 142,504 $ (32,055) $ 110,449 $ 314,378 $ (42,329) $ 272,049 $ 456,882 $ (74,384) $ 382,498 December 31, 2021 Healthcare Industrial Consolidated (in thousands) Gross Goodwill Impairments Net Goodwill Gross Goodwill Impairments Net Goodwill Gross Goodwill Impairments Net Goodwill Balance at beginning of year $ 101,767 $ (32,055) $ 69,712 $ 134,382 $ (42,329) $ 92,053 $ 236,149 $ (74,384) $ 161,765 Acquisitions 39,182 — 39,182 170,033 — 170,033 209,215 — 209,215 Dispositions (15,598) — (15,598) (3,873) — (3,873) (19,471) — (19,471) Adjustments (900) — (900) 900 — 900 — — — Foreign currency translation adjustments (2,481) — (2,481) (3,440) — (3,440) (5,921) — (5,921) Total goodwill $ 121,970 $ (32,055) $ 89,915 $ 298,002 $ (42,329) $ 255,673 $ 419,972 $ (74,384) $ 345,588 Intangible assets, net, other than goodwill, at June 30, 2022 and December 31, 2021 are summarized as follows: June 30, 2022 December 31, 2021 (in thousands) Gross Accumulated Amortization Net Gross Accumulated Amortization Net Weighted Average Useful Life Remaining (in years) Intangible assets with finite lives: Customer relationships $ 49,886 $ (45,145) $ 4,741 $ 53,062 $ (45,613) $ 7,449 2.3 Acquired technology 36,290 (6,301) 29,989 17,518 (5,430) 12,088 6.5 Trade names 31,227 (11,020) 20,207 20,448 (10,438) 10,010 11.1 Patent costs 20,836 (11,600) 9,236 21,852 (11,812) 10,040 11.0 Trade secrets 19,585 (19,130) 455 19,924 (18,971) 953 0.6 Acquired patents 16,202 (15,945) 257 16,257 (15,945) 312 6.4 Other 13,031 (7,911) 5,120 12,982 (7,999) 4,983 3.9 Total intangible assets $ 187,057 $ (117,052) $ 70,005 $ 162,043 $ (116,208) $ 45,835 7.6 Amortization expense related to intangible assets was $3,302 and $5,980 for the three and six months ended June 30, 2022, respectively, compared to $2,502 and $4,929 for the three and six months ended June 30, 2021, respectively.

Accrued and Other Liabilities

Accrued and Other Liabilities	6 Months Ended
	Jun. 30, 2022
Payables and Accruals [Abstract]
Accrued and Other Liabilities	(8) Accrued and Other Liabilities Accrued liabilities at June 30, 2022 and December 31, 2021 are summarized as follows: (in thousands) June 30, 2022 December 31, 2021 Compensation and benefits $ 18,749 $ 39,846 Accrued taxes 9,112 19,836 Vendor accruals 10,752 9,045 Legal contingencies and exit cost accruals 10,070 — Product warranty liability 3,611 3,585 Accrued professional fees 1,989 2,263 Accrued other 566 2,419 Total $ 54,849 $ 76,994 Other long-term liabilities at June 30, 2022 and December 31, 2021 are summarized as follows: (in thousands) June 30, 2022 December 31, 2021 Long-term employee indemnity $ 4,780 $ 5,237 Long-term tax liability 5,946 6,099 Defined benefit pension obligation 8,171 8,911 Long-term deferred revenue 7,235 10,244 Other long-term liabilities 9,719 1,763 Total $ 35,851 $ 32,254

Borrowings

Borrowings	6 Months Ended
	Jun. 30, 2022
Debt Disclosure [Abstract]
Borrowings	(9) Borrowings Convertible Notes On November 16, 2021 the Company issued $460,000 in aggregate principal amount of its 0% Convertible Senior Notes due November 15, 2026 (the “Notes”) pursuant to an Indenture, dated November 16, 2021 (the “Indenture”), between the Company and The Bank of New York Mellon, N.A., as trustee. The net proceeds from the offering of the Notes were $446,549 after deducting the initial purchasers’ discounts and commissions and offering expenses payable by the Company in the amount of $13,481 for which $11,826 is unamortized at June 30, 2022. The annual effective interest rate of the Notes is 0.594% when including purchasers' discounts and commissions and offering expenses incurred by the Company. The Notes are senior, unsecured obligations of the Company, will not bear regular interest and the principal amount of the Notes will not accrete. The Notes will mature on November 15, 2026, unless earlier redeemed, repurchased or converted in accordance with the terms of the Notes. The Notes will be convertible at the option of the holders at any time prior to the close of business on the business day immediately preceding August 15, 2026, only under the following circumstances: (1) during any calendar quarter commencing after the calendar quarter ending on March 31, 2022 (and only during such quarter), if the last reported sale price of the Company’s common stock, par value $0.001 per share (the “Common Stock”), is greater than or equal to 130% of the conversion price for each of at least 20 trading days (whether or not consecutive) during a period of 30 consecutive trading days ending on, and including, the last trading day of the immediately preceding calendar quarter on each applicable trading day; (2) during the five business day period after any five consecutive trading day period (the “measurement period”) in which the trading price (as defined in the Indenture) per $1 principal amount of Notes for each trading day of the measurement period was less than 98% of the product of the last reported sale price per share of the Common Stock and the conversion rate on each such trading day; (3) if the Company calls such Notes for redemption, at any time prior to the close of business on the second scheduled trading day immediately preceding the redemption date; and (4) upon the occurrence of specified corporate events, including a Fundamental Change (as defined in the Indenture), or distributions of the Common Stock. On or after August 15, 2026, until the close of business on the second scheduled trading day immediately preceding the maturity date, holders may convert all or any portion of their Notes at any time, at the option of the holder regardless of the foregoing circumstances. Upon conversion, the Company will pay cash up to the aggregate principal amount of the Notes to be converted and pay or deliver, as the case may be, cash, shares of the Common Stock, or a combination of cash and shares of the Common Stock, at the Company’s election, in respect of the remainder, if any, of the Company’s conversion obligation in excess of the aggregate principal amount of the Notes being converted. The Notes have an initial conversion rate of 27.8364 shares of Common Stock per $1 principal amount of Notes (which is subject to adjustment in certain circumstances). This is equivalent to an initial conversion price of approximately $35.92 per share. The conversion rate is subject to customary adjustments under certain circumstances in accordance with the terms of the Indenture. Holders of the Notes have the right to require the Company to repurchase for cash all or a portion of their Notes at 100% of their principal amount, plus any accrued and unpaid special interest, upon the occurrence of a Fundamental Change. The Company is also required to increase the conversion rate for holders who convert their Notes in connection with a Fundamental Change or convert their Notes that are called for redemption, as the case may be, prior to the maturity date. The Company may not redeem the Notes prior to November 20, 2024. The Notes are redeemable, in whole or in part, for cash at the Company’s option at any time, and from time to time, on or after November 20, 2024 and before the 41st scheduled trading day immediately preceding the maturity date, but only if the last reported sale price per share of the Common Stock has been at least 130% of the conversion price then in effect for a specified period of time. The Notes are the Company’s senior unsecured obligations and will rank senior in right of payment to any of the Company’s existing and future indebtedness that is expressly subordinated in right of payment to the Notes; rank equal in right of payment to any of the Company’s future unsecured indebtedness that is not so subordinated; be effectively subordinated in right of payment to any of the Company’s existing and future secured indebtedness to the extent of the value of the collateral securing such indebtedness; and structurally subordinated to all existing and future indebtedness and other liabilities (including trade payables) of current or future subsidiaries of the Company. The Indenture also contains covenants, events of default and other provisions which are customary for offerings of convertible notes. We are in compliance with all covenants. At June 30, 2022 the fair value of the Notes is $325,657. This is based on the quoted market price where the volume of activity is limited and not active and thus this is deemed a Level 2 fair value measurement. The Company incurred $666 and $1,331 of debt issuance cost accretion for the three and six months ended June 30, 2022. Debt issuance cost accretion of $1,335, $2,682, $2,698, $2,714 and $2,396 are expected to be incurred in the remaining six months of 2022 and in 2023, 2024, 2025 and 2026, respectively. Credit Facility We had a 5-year $100,000 senior secured revolving credit facility (the “Senior Credit Facility”) to support working capital and general corporate purposes. The Senior Credit Facility also included a 5-year $100,000 senior secured term loan facility (the “Term Facility”) that was fully repaid and terminated in the first quarter of 2021. Effective August 24, 2021, we terminated the 5-year $100,000 Senior Credit Facility. The Senior Credit Facility contained customary covenants, some of which required us to maintain certain financial ratios, that determined the amounts available and terms of borrowings and events of default. We were in compliance with all covenants through the date of termination. Borrowings under the Senior Credit Facility were subject to interest at varying spreads above quoted market rates and a commitment fee was paid on the total unused commitment. The interest rate on the Senior Credit Facility was 1.9% at December 31, 2020. On January 1, 2021, the Company completed the sale of Cimatron. A portion of the proceeds from the sale were used to repay the outstanding balance on the Term Facility. The Term Facility was fully repaid and terminated in the first quarter of 2021. Concurrent with the repayment of the Term Facility, we terminated the interest rate swap. See Note 10 for additional information.

Hedging Activities and Financia

Hedging Activities and Financial Instruments	6 Months Ended
	Jun. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Hedging Activities and Financial Instruments	(10) Hedging Activities and Financial Instruments Derivatives Designated as Hedging Instruments Interest Rate Swap Contract On July 8, 2019, we entered into a $50,000 interest rate swap contract, designated as a cash flow hedge, to minimize the risk associated with the variability of cash flows in interest payments from variable-rate debt due to fluctuations in the one-month USD-LIBOR, subject to a 0% floor, through February 26, 2024. Changes in the interest rate swap were expected to offset the changes in cash flows attributable to fluctuations of the one-month USD-LIBOR for the interest payments associated with our variable-rate debt. On January 4, 2021, in connection with the repayment and termination of the Term Facility, we terminated the interest rate swap agreement and recorded a $721 expense for the six months ended June 30, 2021. There were no derivatives designated as hedging instruments on our balance sheet at June 30, 2022 or December 31, 2021. Derivatives Not Designated as Hedging Instruments Foreign Currency Contracts We conduct business in various countries using both the functional currencies of those countries and other currencies to effect cross border transactions. As a result, we are subject to the risk that fluctuations in foreign exchange rates between the dates that those transactions are entered into and their respective settlement dates will result in a foreign exchange gain or loss. When practicable, we endeavor to match assets and liabilities in the same currency on our balance sheet and those of our subsidiaries in order to reduce these risks. When appropriate, we enter into foreign currency contracts to hedge exposures arising from those transactions. We have elected not to prepare and maintain the documentation to qualify for hedge accounting treatment under ASC 815, “ Derivatives and Hedging ,” and therefore, all gains and losses (realized or unrealized) are recognized in Interest and other expense, net in the condensed consolidated statements of operations and comprehensive income (loss). Depending on their fair value at the end of the reporting period, derivatives are recorded either in prepaid expenses and other current assets or in accrued liabilities on the condensed consolidated balance sheets. We had $47,500 and $43,000 in notional foreign exchange contracts outstanding as of June 30, 2022 and December 31, 2021, respectively. The fair values of these contracts were not material.

Net Income (Loss) Per Share

Net Income (Loss) Per Share	6 Months Ended
	Jun. 30, 2022
Earnings Per Share [Abstract]
Net Income (Loss) Per Share	(11) Net Income (Loss) Per Share Basic net income (loss) per share is calculated by dividing net income (loss) by the weighted average number of common shares outstanding during the applicable period. Diluted net income (loss) per share incorporates the additional shares issuable upon assumed exercise of stock options and the vesting of restricted stock and restricted stock units, except in such case when their inclusion would be anti-dilutive. Three Months Ended June 30, Six Months Ended June 30, (in thousands, except per share amounts) 2022 2021 2022 2021 Numerator for basic and diluted net income (loss) per share: Net income (loss) attributable to 3D Systems Corporation $ (32,961) $ (9,632) $ (59,760) $ 35,596 Denominator for net income (loss) per share: Weighted average shares - basic 127,703 122,147 127,218 121,931 Dilutive effect of shares issuable under stock based compensation and other plans (1) — — — 3,138 Weighted average shares - diluted 127,703 122,147 127,218 125,069 Anti-dilutive shares of stock based compensation awards which are excluded from the dilutive shares above (2) 496 2,816 1,066 3,138 Net income (loss) per share - basic $ (0.26) $ (0.08) $ (0.47) $ 0.29 Net income (loss) per share - diluted $ (0.26) $ (0.08) $ (0.47) $ 0.28 (1) The dilutive impact of share awards for the three and six months ended June 30, 2022 and the three months ended June 30, 2021 are deemed anti-dilutive because we had a net loss for these periods. (2) Excludes the impact of shares contingently issuable upon the achievement of certain milestones in the Volumetric acquisition as discussed in Note 2. Additionally, it excludes 5,213 and 4,439 shares for the three and six months ended June 30, 2022, respectively, and 2,207 and 1,886 shares for the three and six months ended June 30, 2021, respectively, which are deemed fully or partially repurchased based on the calculation which requires certain assumptions regarding the assumed proceeds that will hypothetically repurchase unvested restricted shares and outstanding stock options. On November 16, 2021, the Company issued $460,000 in aggregate principal amount of its 0% Convertible Senior Notes due November 15, 2026 as discussed in Note 9. The Notes’ impact to diluted shares will be calculated using the if-converted method as prescribed in ASU 2020-06. The Notes will increase the diluted share count when the average share price over a quarterly or annual reporting period is greater than $35.92, the conversion price of the Notes. For the three and six months ended June 30, 2022, the Notes were anti-dilutive on a stand-alone basis because the average share price during those periods did not exceed the conversion price and because we had a net loss for the three and six months ended June 30, 2022. On August 5, 2020, we entered into an Equity Distribution Agreement for an At-The-Market equity offering program (“ATM Program”) under which we could have issued and sold, from time to time, shares of our common stock. On January 6, 2021, following the closing of the sale of Cimatron and the receipt of the related purchase price proceeds, the Company terminated the ATM Program. No shares of our stock were issued under the ATM Program in 2021.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2022
Fair Value Disclosures [Abstract]
Fair Value Measurements	(12) Fair Value Measurements Fair value is the exchange price to sell an asset or transfer a liability (an exit price) in an orderly transaction between market participants at the measurement date. Fair value measurements use market data or assumptions market participants would use in pricing the asset or liability, including assumptions about risk and the risks inherent in the inputs to the valuation technique. These inputs may be readily observable, corroborated by market data, or generally unobservable. Valuation techniques maximize the use of observable inputs and minimize the use of unobservable inputs. The accounting guidance for fair value measurements and disclosures establishes a three-level fair value hierarchy: • Level 1 - Inputs are based on quoted prices in active markets for identical assets and liabilities. • Level 2 - Inputs are based on observable inputs other than quoted prices in active markets for identical or similar assets and liabilities. • Level 3 - One or more inputs are unobservable and significant. Financial and nonfinancial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. Cash equivalents, short-term investments and Israeli severance funds are valued utilizing the market approach to measure fair value for financial assets and liabilities. The market approach uses prices and other relevant information generated by market transactions involving identical or comparable assets or liabilities. Assets and liabilities measured at fair value on a recurring basis are summarized below: Fair Value Measurement As of June 30, 2022 Fair Value Measurement Balance Sheet Classification Fair Value Level Cost Basis Unrealized Gains (Losses) Fair Value Cash and Cash Equivalents Short-term Investments and Marketable Securities Other Assets Money market funds Level 1 $ 123,437 $ — $ 123,437 $ 123,437 $ — $ — Certificates of Deposit Level 2 2,609 (4) 2,605 — 2,605 — Commercial paper Level 2 31,265 — 31,265 5,136 26,129 — Short-Term Bond Mutual Fund Level 2 100,242 (601) 99,641 — 99,641 — Corporate bonds (1) Level 2 214,428 (3,418) 211,010 — 211,011 — Israeli severance funds Level 2 — — — — — 1,840 Total $ 471,981 $ (4,023) $ 467,958 $ 128,573 $ 339,386 $ 1,840 (1) Includes $1,871 and $1,863 of cost basis and fair market value respectively, with a weighted average maturity of 1.3 years. We did not have any transfers of assets and liabilities between Level 1, Level 2 and Level 3 of the fair value measurement hierarchy during the six months ended June 30, 2022. Additionally, as discussed in Note 2, the Enhatch warrants are measured at fair value on a recurring basis and are considered Level 3 in the fair value hierarchy. The value at June 30, 2022 was $330 and there was no change from the investment date fair value. The balance is recorded in other non-current assets. The fair value of the warrant was determined via a valuation as of the investment date and on June 30, 2022 using a Monte Carlo simulation which included, but are not limited to, a number of assumptions such as financial projections, equity and revenue volatility, risk free rates, comparable company financial metrics, correlations, risk factors and rates of returns. Fair Value Measurements as of December 31, 2021 (in thousands) Level 1 Level 2 Level 3 Total Description Money market funds a $ 485,521 $ — $ — $ 485,521 Israeli severance funds b $ — $ 2,070 $ — $ 2,070 a. Money market funds at December 31, 2021 are recorded in cash and cash equivalents. b. We partially fund a liability for our Israeli severance requirement through monthly deposits into fund accounts, the value of these contributions are recorded to non-current assets on the consolidated balance sheet.

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2022
Income Tax Disclosure [Abstract]
Income Taxes	(13) Income Taxes We maintain the exception under ASC 740-270-30-36(b), “Accounting for Income Taxes,” for jurisdictions that do not have reliable estimates of ordinary income. Based on volatility in the industry, we have continued to use a year-to-date methodology in determining the effective tax rate for the three and six months ended June 30, 2022.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	(14) Commitments and Contingencies We lease certain of our facilities and equipment under non-cancelable operating and finance leases. See Note 5. We have an inventory purchase commitment with an assembling manufacturer related to normal operations through June 30, 2022, as well as related to the termination of the agreement. See Note 6 for information regarding the commitments of the recurring inventory purchases and the agreement termination. Litigation Export Controls and Government Contracts Compliance Matter In October 2017, we received an administrative subpoena from the Bureau of Industry and Security of the Department of Commerce (“BIS”) requesting the production of records in connection with possible violations of U.S. export control laws, including with regard to our Quickparts.com, Inc. subsidiary. In addition, while collecting information responsive to the above-referenced subpoena, our internal investigation identified potential violations of the International Traffic in Arms Regulations administered by the Directorate of Defense Trade Controls of the Department of State (“DDTC”) and potential violations of the Export Administration Regulations administered by the BIS. On June 8, 2018 and thereafter, we submitted voluntary disclosures to BIS and DDTC identifying numerous potentially unauthorized exports of technical data. As part of our ongoing review of trade compliance risks and our cooperation with the government, on November 20, 2019, we submitted to the U.S. Treasury Department’s Office of Foreign Assets Control (“OFAC”) an initial notice of voluntary disclosure regarding potential violations of economic sanctions related to Iran. We continued to investigate this issue and filed a final disclosure with OFAC on May 20, 2020. We have and will continue to implement compliance enhancements to our export controls, trade sanctions, and government contracting compliance program to address the issues identified through our ongoing internal investigation and will cooperate with DDTC and BIS, as well as the U.S. Departments of Justice, Defense, Homeland Security and Treasury in their ongoing reviews of these matters. In connection with these ongoing reviews, in August 2020, the Company received two federal grand jury subpoenas issued by the U.S. District Court for the Northern District of Texas. The Company responded to these two subpoenas and will continue to fully cooperate with the U.S. Department of Justice in the related investigation. In addition, on July 19, 2019, we received a notice of immediate suspension of federal contracting from the United States Air Force, pending the outcome of an ongoing investigation. The suspension applied to 3D Systems, its subsidiaries and affiliates, and was related to the potential export controls violations involving our ODM business described above. Under the suspension, we were generally prohibited from receiving new federal government contracts or subcontracts from any executive branch agency as described in the provisions of 48 C.F.R Subpart 9.4 of the Federal Acquisition Regulation. The suspension allowed us to continue to perform current federal contracts, and also to receive awards of new subcontracts for items under $35 and for items considered commercially available off-the-shelf items. The Air Force lifted the suspension on September 6, 2019 following the execution of a two-year Administrative Agreement with us. We are now eligible to obtain and perform U.S. government contracts and subcontracts without restrictions. Under the Administrative Agreement, we were monitored and evaluated by independent monitors who reported to the Air Force on our compliance with the terms of the Company’s Ethics & Compliance Program, including its overall culture, government contracting compliance program, and export controls compliance program. The Air Force terminated the Administrative Agreement and associated monitorship early on August 12, 2021 after the monitors found that we had satisfied the requirements of the Administrative Agreement. Although we cannot predict the ultimate resolution of these matters, we have incurred and expect to continue to incur significant legal costs and other expenses in connection with responding to the U.S. government agencies. Based on the progress of this matter, at June 30, 2022 we recorded an estimate of costs we expect to incur to resolve these matters which is included below. Shareholder Suits The Company and certain of its current and former executive officers have been named as defendants in a consolidated putative stockholder class action lawsuit pending in the United States District Court for the Eastern District of New York. The action is styled In re 3D Systems Securities Litigation, No. 1:21-cv-01920-NGG-TAM (E.D.N.Y.) (the “Securities Class Action”). On July 14, 2021, the Court appointed a Lead Plaintiff for the putative class and approved his choice of Lead Counsel. Lead Plaintiff filed his Consolidated Amended Complaint (the “Amended Complaint”) on September 13, 2021, alleging that defendants violated the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and SEC Rule 10b-5 promulgated thereunder by making false and misleading statements and omissions, and that the current and former executive officers named as defendants are control persons under Section 20(a) of the Exchange Act. The Amended Complaint was filed on behalf of stockholders who purchased shares of the Company’s common stock between May 6, 2020 and March 5, 2021, and seeks monetary damages on behalf of the purported class. Defendants moved to dismiss the Amended Complaint on February 15, 2022, the motion was fully briefed in May 2022 and is currently pending. On April 15, 2022, the Company was informed the SEC is conducting a formal investigation of the Company related to, among other things, the allegations in the Securities Class Action and the Company received a subpoena from the SEC for the production of documents and information related to its investigation as a follow on to a previous voluntary request for documents. The Company is cooperating with the SEC. The Company has been named as a nominal defendant and certain of its current and former executive officers and directors have been named as defendants in derivative lawsuits pending in the United States District Court for the Eastern District of New York, the South Carolina Court of Common Pleas for the 16th Circuit, York County, and the Supreme Court of the State of New York, Kings County. The actions are styled Nguyen v. Joshi, et al., No. 21-cv-03389-NGG-TAM (E.D.N.Y.) (the “Nguyen Action”), Lesar v. Graves, et al., No. 2021CP4602308 (S.C., Ct. of Common Pleas for the 16th Judicial Cir., Cty. of York) (the “Lesar Action”), Scanlon v. Graves, et al., No. 2021CP4602312 (S.C., Ct. of Common Pleas for the 16th Judicial Cir., Cty. of York) (the “Scanlon Action”), Bohus v. Joshi, et al., No. 22-cv-2203-CBA-RML (E.D.N.Y.) (the “Bohus Action”) and Fernicola v. Clinton, et al., No. 512613/2022 (N.Y., Kings County Supreme Court) (the "Fernicola Action"). The Complaints in the Nguyen and Bohuhs Actions, which were filed on June 15, 2021 and April 18, 2022, respectively, assert breach of fiduciary duty claims against all defendants and claims for contribution under the federal securities laws against certain of the defendants. The Complaints in the Lesar Action and the Scanlon Action, which were filed on July 26, 2021, assert breach of fiduciary duty and unjust enrichment claims against defendants. The Complaint in the Fernicola Action was filed on May 2, 2022 and asserts claims for breach of fiduciary duty and waste of corporate assets against the director defendants. On August 27, 2021, the Nguyen Action was stayed until 30 days after the earlier of: (i) the close of discovery in the Securities Class Action, or (ii) the deadline for appealing a dismissal of the Securities Class Action with prejudice. On October 26, 2021, the Lesar Action and the Scanlon Action were consolidated into a single stockholder derivative action, styled as In Re 3D Systems Corp. Shareholder Derivative Litigation, No. 2021CP4602308 (S.C., Ct. of Common Pleas for the 16th Judicial Cir., Cty. Of York) (the “South Carolina Derivative Action”). On March 3, 2022, the South Carolina Derivative Action was stayed until 30 days after the earlier of: (i) the close of discovery in the Securities Class Action, or (ii) the deadline for appealing a dismissal of the Securities Class Action with prejudice. On June 16, 2022, the Bohus Action was consolidated with the Nguyen Action (the "E.D.N.Y. Derivative Action"). The E.D.N.Y. Derivative Action is stayed until 30 days after the earlier of: (i) the close of discovery in the Securities Class Action, or (ii) the deadline for appealing a dismissal of the Securities Class Action with prejudice. Defendants' deadline to move, answer, or otherwise respond to the complaint in the Fernicola Action, is August 15, 2022. The Company believes the claims alleged in the putative securities class action and derivative lawsuits are without merit and the Company intends to defend itself and its current and former officers vigorously. Other We are involved in various other legal matters incidental to our business. Although we cannot predict the results of the litigation with certainty, we believe that the disposition of all these various other legal matters will not have a material adverse effect, individually or in the aggregate, on our consolidated results of operations, consolidated cash flows or consolidated financial position.

Restructuring and Exit Activity

Restructuring and Exit Activity Costs	6 Months Ended
	Jun. 30, 2022
Restructuring and Related Activities [Abstract]
Restructuring and Exit Activity Costs	(15) Restructuring and Exit Activity Costs In June 2022, we notified one of our contract manufacturers of our intention to terminate the manufacturing services agreement and in-source the printer assembly and production in July 2022. In connection with the termination, we incurred a $1,670 exit fee which was accrued as of June 30, 2022 and paid in July 2022. The expense was recorded in selling, general and administrative as part of general corporate expenses. Additionally, we have a commitment to purchase $23,913 of inventory and $369 of fixed assets from the contract manufacturer which was paid in July of 2022. Part of the inventory purchased was prepaid during previous quarters for $8,892 which resulted in a net cash payment of $17,060 in July 2022. On August 5, 2020, we announced, in connection with the new strategic focus, a restructuring plan intended to align our operating costs with current revenue levels and to better position the Company for future sustainable and profitable growth. The restructuring plan included a reduction of nearly 20% of our workforce, with the majority of the workforce reduction completed by December 31, 2020. We completed the restructuring efforts in the second quarter of 2021. Cost reduction efforts included reducing the number of facilities and examining every aspect of our manufacturing and operating costs. We incurred cash charges for severance, facility closing and other costs, primarily in the second half of 2020, and continued to incur additional charges through the second quarter of 2021, when we finalized all the actions to be taken. We also divested parts of the business that did not align with this strategic focus. See Note 2. (in thousands) Costs Incurred during 2020 Costs Incurred during the six months ended June 30, 2021 Total Costs Incurred Through June 30, 2021 Severance, termination benefits and other employee costs $ 12,914 $ 660 $ 13,574 Facility closing costs 6,470 640 7,110 Other costs 668 (179) 489 Total $ 20,052 $ 1,121 $ 21,173 The liabilities at June 30, 2021 related to these costs were principally recorded in accrued expenses in the condensed consolidated balance sheets and were as follows: (in thousands) Balance at December 31, 2020 Costs Incurred during the six months ended June 30, 2021 Cost paid during 2021 Non-cash adjustments Liability at June 30, 2021 Severance, termination benefits and other employee costs $ 7,173 $ 660 $ (7,768) $ — $ 65 Facility closing costs — 640 (640) — — Other costs — (179) — 611 432 Total $ 7,173 $ 1,121 $ (8,408) $ 611 $ 497

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended
	Jun. 30, 2022
Share-Based Payment Arrangement [Abstract]
Stock-Based Compensation	(16) Stock-Based Compensation Presented below is a summary of the stock-based compensation cost and associated tax benefit included in the accompanying consolidated statements of operations: Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Stock-based compensation expense $ 7,403 $ 19,525 $ 20,061 $ 30,576 Tax benefit $ — $ — $ — $ — Included in the above expenses for the three and six months ended June 30, 2022 is ($2,429) and $1,841, respectively, and $8,520, and $12,413 for the three and six months ended June 30, 2021, respectively, pertaining to annual incentive compensation which is paid in Company shares. Additionally, the above expense for the three and six months ended June 30, 2022 includes $1,990 and $3,980 related to the Volumetric contingent consideration milestones as discussed in Note 2. During the three and six months ended June 30, 2022, the Company granted 357 and 3,163 shares of restricted stock which had a weighted average grant date fair value of $10.28 per share and $14.35 per share, respectively. The restricted stock awards generally vest ratably over three years, except for those awards granted to settle the accrued incentive compensation liability at December 31, 2021 for which the awards vested immediately. During the three months ended June 30, 2022, the Company also granted 325 of market based awards whereby the number of shares that ultimately vest are based on the three year performance of the Company's share price as compared to an index. These awards were valued using a Monte Carlo simulation and the grant date fair value is $28.71 per share. Unrecognized stock-based compensation expense at June 30, 2022 was $71,459 which is expected to be recognized over a weighted average period of 2.6 years. The following tables summarize information relating to restricted stock vesting: Six Months Ended June 30, (in thousands) 2022 2021 Vesting of restricted stock: Fair value of shares vested $ 45,489 $ 30,866 Tax benefit realized upon vesting $ — $ — Number of shares vested 3,028 1,133

Redeemable Noncontrolling inter

Redeemable Noncontrolling interest	6 Months Ended
	Jun. 30, 2022
Noncontrolling Interest [Abstract]
Redeemable Noncontrolling interest	(17) Redeemable Noncontrolling interest In connection with the 93.75% acquisition of Kumovis on April 1, 2022, as discussed in Notes 1 and 2, the Company recorded a redeemable non-controlling interest (RNCI). The RNCI represents noncontrolling shareholders’ interest in Kumovis which is controlled but not wholly owned by 3D Systems and for which 3D Systems obligation to redeem the minority shareholders’ interest is governed by a put/call relationship. Subsequent to the initial measurement at fair value, which is currently in process as part of business combination accounting, the RNCI is recorded at the greater of its redemption value or its’ carrying value at the end of each reporting period. If the RNCI is carried at its redemption value, the difference between the redemption value and the carrying value would be adjusted at the end of each reporting period through additional paid in capital. The Company will also perform a quarterly assessment to determine if the aforementioned redemption value exceeds the fair value of the RNCI. If the redemption value of the RNCI exceeds its fair value, the excess will reduce the net income attributable to 3D Systems shareholders. The following table shows changes in the RNCI related to the acquisition of Kumovis: Six Months Ended June 30, (in thousands) 2022 2021 Balance at January 1, 2022 $ — $ — Fair value at the date of acquisition (1) 2,418 — Net Loss (37) — Translation Adjustments (232) — Balance at June 30, 2022 $ 2,149 $ — (1) Fair value as the date of acquisition is an estimate. The fair value of the RNCI is currently being determined as part of the business combination accounting

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2022
Subsequent Events [Abstract]
Subsequent Events	(18) Subsequent Events In the second quarter of 2022 we notified our contract assembly manufacturer of our intent to terminate the manufacturing services arrangement and in-source the assembly and production process. The exit agreement was finalized in July 2022 and includes a $1,670 exit fee accrued in the second quarter of 2022, and the commitment to purchase $23,913 of inventory and $369 of fixed assets from the assembly manufacturer. Part of the inventory purchased was prepaid during previous quarters for $8,892 which resulted in a net cash payment of $17,060 in July 2022.

Basis of Presentation (Policies

Basis of Presentation (Policies)	6 Months Ended
	Jun. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	The accompanying unaudited condensed consolidated financial statements include the accounts of 3D Systems Corporation and all majority-owned subsidiaries and entities in which a controlling interest is maintained (“3D Systems” or the “Company” or “we,” “our,” or "us"). All significant intercompany transactions and balances have been eliminated in consolidation. The unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) and the rules and regulations of the Securities and Exchange Commission (“SEC”) applicable to interim reports. Accordingly, they do not include all the information and notes required by GAAP for complete financial statements and should be read in conjunction with the audited financial statements included in our Annual Report on Form 10-K for the year ended December 31, 2021 (“2021 Form 10-K”). Our annual reporting period is the calendar year. In the opinion of management, the unaudited condensed consolidated financial statements contain all adjustments, consisting of adjustments of a normal recurring nature, necessary to present fairly the financial position, results of operations, and cash flows for the periods presented. The results of operations for the three and six months ended June 30, 2022 are not necessarily indicative of the results to be expected for the full year. The preparation of financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements. Actual results may differ from those estimates and assumptions.
Summary of Significant Accounting Policies and Recently Adopted Accounting Standards	Summary of Significant Accounting Policies Short-term investments A portion of the company's excess cash is invested in short-term investments. The company's short-term investment accounting policy is that securities with maturities greater than 90 days at the time of purchase that are available for operations in the next 12 months are classified as short-term investments. The Company’s short-term investments primarily consist of investment grade bonds, certificates of deposit, commercial paper, and short maturity bond funds all with a remaining maturity of generally less than twelve months at the date of purchase and are classified as available for sale. Interest and dividends on these investments are recorded into income when earned. Redeemable Noncontrolling Interest In connection with the 93.75% acquisition of Kumovis on April 1, 2022, as discussed in Note 2, the Company recorded a redeemable non-controlling interest (RNCI). The RNCI represents noncontrolling shareholders’ interest in Kumovis which is controlled but not wholly owned by 3D Systems and for which 3D Systems' obligation to redeem the minority shareholders’ interest is governed by a put/call relationship. Subsequent to the initial fair value measurement, which is currently in process as part of business combination accounting, the RNCI is recorded at the greater of its redemption value or its' carrying value at the end of each reporting period. If the RNCI is carried at its redemption value, the difference between the redemption value and the carrying value would be adjusted at the end of each reporting period through additional paid in capital. The Company will also perform a quarterly assessment to determine if the aforementioned redemption value exceeds the fair value of the RNCI. If the redemption value of the RNCI exceeds its fair value, the excess will reduce the net income attributable to 3D Systems shareholders.
Revenue	We account for revenue in accordance with ASC Topic 606, “ Revenue from Contracts with Customers .” Performance Obligations A performance obligation is a promise in a contract to transfer a distinct good or service to the customer and is the unit of account in ASC Topic 606. A contract’s transaction price is allocated to each distinct performance obligation and recognized as revenue when, or as, the performance obligation is satisfied. At June 30, 2022, we had $127,096 of outstanding performance obligations, comprised of deferred revenue, customer order backlog and customer deposits. We expect to recognize approximately 87.9% of deferred revenue as revenue within the next twelve months, an additional 8.0% by the end of 2023 and the remaining balance thereafter. Revenue Recognition Revenue is recognized when control of the promised products or services is transferred to customers in an amount that reflects the consideration we expect to receive in exchange for those products or services. We enter into contracts that can include various combinations of products and services, which are generally capable of being distinct and accounted for as separate performance obligations. Many of our contracts with customers include multiple performance obligations. For such arrangements, we allocate revenue to each performance obligation based on its relative stand-alone selling price (“SSP”). Revenue is recognized net of allowances for returns and any taxes collected from customers, which are subsequently remitted to governmental authorities. The amount of consideration received and revenue recognized may vary based on changes in marketing incentive programs offered to our customers. Our marketing incentive programs take many forms, including volume discounts, trade-in allowances, rebates and other discounts. A majority of our revenue is recognized at the point in time when products are shipped or services are delivered to customers. Please see below for further discussion. Hardware and Materials Revenue from hardware and material sales is recognized when control has transferred to the customer, which typically occurs when the goods have been shipped to the customer, risk of loss has transferred to the customer and we have a present right to payment. In limited circumstances, when printer or other hardware sales include substantive customer acceptance provisions, revenue is recognized either when customer acceptance has been obtained, customer acceptance provisions have lapsed, or we have objective evidence that the criteria specified in the customer acceptance provisions have been satisfied. Printers and certain other products include a warranty under which we provide maintenance for periods up to one year. For these initial product warranties, estimated costs are accrued at the time of the sale of the product. These cost estimates are established using historical information on the nature, frequency and average cost of claims for each type of printer or other product as well as assumptions about future activity and events. Revisions to expense accruals are made as necessary based on changes in these historical and future factors. Software We also market and sell software tools that enable our customers to capture and customize content using our printers, design optimization and simulation software, and reverse engineering and inspection software. Software does not require significant modification or customization and the license provides the customer with a right to use the software as it exists when made available. Revenue from these software licenses is recognized either upon delivery of the product or upon delivery of a key code which allows the customer to download the software. Customers may purchase post-sale support. Generally, the first year of post-sale support is included as part of the initial software sale but subsequent years are optional. This optional support is considered a separate obligation from the software and is deferred at the time of sale and subsequently recognized ratably over future periods. Collaboration and Licensing Agreements We enter into collaboration and licensing agreements with third parties. The nature of the activities to be performed and the consideration exchanged under the agreements varies on a contract-by-contract basis. We evaluate these agreements to determine whether they meet the definition of a customer relationship for which revenue is recorded. These contracts may contain multiple performance obligations and may contain fees for licensing, research and development services, contingent milestone payments upon the achievement of developmental contractual criteria and/or royalty fees based on the licensees’ product revenue. We determine the revenue to be recognized for these agreements based on an evaluation of the distinct performance obligations, the identification and evaluation of material rights, the estimation of variable consideration and the determination of the pattern on transfer of control for each distinct performance obligation. The Company recognized $3,342 and $2,040 in revenue related to collaboration arrangements with customers for the quarters ended June 30, 2022 and 2021, respectively. The Company recognized $5,774 and $3,847 related to collaboration arrangements with customers for the six months ended June 30, 2022 and 2021, respectively. Services We offer training, installation and non-contract maintenance services for our products. Additionally, we offer maintenance contracts customers can purchase at their option. For maintenance contracts, revenue is deferred at the time of sale based on the stand-alone selling prices of these services and costs are expensed as incurred. Deferred revenue is recognized ratably over the term of the maintenance period on a straight-line basis. Revenue from training, installation and non-contract maintenance services is recognized at the time of performance of the service. We have also recently commenced selling software as a service whereby the customer has the right to access the software. Revenue is recognized ratably over the related subscription period as our performance obligation to provide access to the software is progressively fulfilled over the stated term of the contract. ODM and healthcare service sales are included within services revenue and revenue is recognized upon shipment or delivery of the parts or performance of the service, based on the terms of the arrangement. We sold ODM in the third quarter of 2021. See Note 2. Terms of Sale Shipping and handling activities are treated as fulfillment costs rather than as an additional promised service. We accrue the costs of shipping and handling when the related revenue is recognized. Our incurred costs associated with shipping and handling are included in product cost of sales. Credit is extended, and creditworthiness is determined, based on an evaluation of each customer’s financial condition. New customers are generally required to complete a credit application and provide references and bank information to facilitate an analysis of creditworthiness. Our terms of sale generally provide payment terms that are customary in the countries where we transact business. To reduce credit risk in connection with certain sales, we may, depending upon the circumstances, require significant deposits, letters of credit or payment in full prior to shipment. For maintenance services, we either bill customers on a time-and-materials basis or sell maintenance contracts that provide for payment in advance on either an annual or other periodic basis. Significant Judgments Our contracts with customers often include promises to transfer multiple products and services to a customer. For such arrangements, we allocate revenues to each performance obligation based on its relative SSP. Judgment is required to determine the SSP for each distinct performance obligation in a contract. For the majority of items, we estimate SSP using historical transaction data. We use a range of amounts to estimate SSP when we sell each of the products and services separately and need to determine whether there is a discount to be allocated based on the relative SSP of the various products and services. In instances where SSP is not directly observable, such as when the product or service is not sold separately, we determine the SSP using information that may include market conditions and other observable inputs. In some circumstances, we have more than one SSP for individual products and services due to the stratification of those products and services by customers, geographic region or other factors. In these instances, we may use information such as the size of the customer and geographic region in determining the SSP. The determination of SSP is a regular process and information is reviewed regularly in order to ensure SSP reflects the most current information or trends. The nature of our marketing incentives may lead to consideration that is variable. Judgment is exercised at contract inception to determine the most likely outcome of the contract and resulting transaction price. Ongoing assessments are performed to determine if updates are needed to the original estimates. Contract Balances The timing of revenue recognition, billings and cash collections results in billed accounts receivable, unbilled receivables (contract assets), customer deposits and deferred revenues (contract liabilities) on the condensed consolidated balance sheets. Timing of revenue recognition may differ from the timing of invoicing to customers. We record a receivable when revenue is recognized at the time of invoicing, or unbilled receivables when revenue is recognized prior to invoicing. For most of our contracts, customers are invoiced when products are shipped or when services are performed resulting in billed accounts receivables for the remainder of the owed contract price. Unbilled receivables generally result from items being shipped or services being performed where the customer has not been charged, but for which revenue had been recognized. We typically bill in advance for installation, training and maintenance contracts as well as extended warranties, resulting in deferred revenue. Changes in contract asset and liability balances were not materially impacted by any other factors for the six months ended June 30, 2022. In circumstances where a customer arrangement results in both a contract asset and contract liability these assets and liabilities are netted for balance sheet presentation purposes. For the six months ended June 30, 2022, we recognized revenue of $20,996 related to our contract liabilities at December 31, 2021 . For the six months ended June 30, 2021, we recognized revenue of $24,740 related to our contract liabilities at December 31, 2020. Practical Expedients and Exemptions We generally expense sales commissions when incurred because the amortization period would be one year or less. These costs are recorded within selling, general and administrative expenses.

Basis of Presentation (Tables)

Basis of Presentation (Tables)	6 Months Ended
	Jun. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Accounting Standards Update and Change in Accounting Principle	Six Months Ended June 30, 2021 As Reported Changed Revised Net cash provided by operating activities $ 41,976 $ — $ 41,976 Net cash provided by investing activities 31,325 4,000 35,325 Net cash (used in) financing activities (28,444) (4,000) (32,444) Effect of exchange rate changes on cash, cash equivalents and restricted cash 2,902 — 2,902 Net increase in cash, cash equivalents and restricted cash $ 47,759 $ — $ 47,759

Divestitures and Acquisitions (

Divestitures and Acquisitions (Tables)	6 Months Ended
	Jun. 30, 2022
Discontinued Operations and Disposal Groups [Abstract]
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	Below is the fair value of consideration transferred. (in thousands) Cash Paid at acquisition $ 34,098 Deferred cash consideration 3,628 Estimated Fair Value of RNCI 2,418 Total fair value of consideration transferred $ 40,144 Shown below is the preliminary purchase price allocation, which summarizes the fair value of the assets and liabilities assumed, at the date of acquisition: (in thousands) Current assets, including cash acquired of $125 $ 1,408 Intangible assets: Product technology $ 7,886 Trade name 5,602 Total intangible assets 13,488 Goodwill 26,277 Other assets 705 Liabilities: Accounts payable and accrued liabilities $ 332 Deferred revenue 70 Deferred Tax Liability 1,332 Total liabilities 1,734 Net assets acquired $ 40,144 (in thousands) Current assets $ 661 Intangible assets: Product technology $ 9,370 Trade name 5,580 Total intangible assets 14,950 Goodwill 24,043 Other assets 479 Liabilities: Accounts payable and accrued liabilities $ 223 Deferred revenue 410 Total liabilities 633 Net assets acquired $ 39,500 Shown below is the preliminary purchase price allocation, which summarizes the fair value of the assets and liabilities assumed, at the date of acquisition: (in thousands) Current assets, including cash acquired of $3,454 $ 8,344 Intangible assets: Product technology $ 12,600 Trade name 7,300 Total intangible assets 19,900 Goodwill 165,611 Other assets 703 Liabilities: Accounts payable and accrued liabilities $ 6,643 Deferred revenue 490 Total liabilities 7,133 Net assets acquired $ 187,425 Shown below is the updated preliminary purchase price allocation, which summarizes the fair value of the assets and liabilities assumed, as of the date of the Volumetric acquisition: (in thousands) Current assets, including cash acquired of $389 $ 3,143 Intangible assets: Developed Technology $ 1,100 Distributor Relationship 400 Total intangible assets 1,500 Goodwill 37,492 Other assets 1,194 Liabilities: Accounts payable and accrued liabilities 3,156 Total liabilities 3,156 Net assets acquired $ 40,173

Segment Information (Tables)

Segment Information (Tables)	6 Months Ended
	Jun. 30, 2022
Segment Reporting [Abstract]
Schedule of Net Sales and Operating Results by Segment	The following tables set forth our operating results by segment: Three Months Ended June 30, 2022 2021 Healthcare Industrial Consolidated Healthcare Industrial Consolidated (in thousands) Revenue (a) $ 71,746 $ 68,299 $ 140,045 $ 82,826 $ 79,731 $ 162,557 Cost of sales 45,130 41,777 86,907 44,207 49,345 93,552 Gross profit 26,616 26,522 $ 53,138 38,619 30,386 69,005 Less: Segment operating expenses 17,747 24,058 41,805 16,366 20,528 36,894 Segment operating income 8,869 2,464 11,333 22,253 9,858 32,111 General corporate expense, net (b) 43,371 42,171 Operating (loss) $ (32,038) $ (10,060) Six Months Ended June 30, 2022 2021 Healthcare Industrial Consolidated Healthcare Industrial Consolidated (in thousands) Revenue (a) $ 136,091 $ 136,955 $ 273,046 $ 155,347 $ 153,326 $ 308,673 Cost of sales 84,762 81,351 166,113 82,865 92,563 175,428 Gross profit 51,329 55,604 $ 106,933 72,482 60,763 133,245 Less: Segment operating expenses 34,757 46,854 81,611 30,436 38,283 68,719 Segment operating income $ 16,572 $ 8,750 25,322 $ 42,046 $ 22,480 64,526 General corporate expense, net (b) 80,592 76,545 Operating (loss) $ (55,270) $ (12,019) a. Approximately 43.6% and 43.9% of sales for the three months ended June 30, 2022 and 2021, respectively, and 44.1% and 43.8% of sales for the six months ended June 30, 2022 and 2021, respectively, were located outside of the U.S. b. General corporate expense, net includes expenses not specifically attributable to our segments for functions such as human resources, finance, legal, information technology, including salaries, benefits, and other related costs, company wide incentive compensation and stock-compensation.

Leases (Tables)

Leases (Tables)	6 Months Ended
	Jun. 30, 2022
Leases [Abstract]
Components of Lease Cost	Components of lease cost (income) are as follows: Three Months Ended June 30, Six Months Ended June 30, (in thousands) 2022 2021 2022 2021 Operating lease cost $ 2,386 $ 2,669 $ 4,573 $ 5,182 Finance lease cost - amortization expense 153 156 312 306 Finance lease cost - interest expense 49 62 102 125 Short-term lease cost 268 37 431 91 Variable lease cost 579 704 1,117 984 Sublease income (63) (156) (127) (313) Total $ 3,372 $ 3,472 $ 6,408 $ 6,375 Supplemental cash flow information related to our leases for the six months ending June 30, 2022 and June 30, 2021 were as follows: (in thousands) June 30, 2022 June 30, 2021 Cash paid for amounts included in the measurement of lease liabilities: Operating cash outflow from operating leases $ 5,075 $ 5,521 Operating cash outflow from finance leases 102 125 Financing cash outflow from finance leases $ 324 $ 329 Weighted-average remaining lease terms and discount rate for our leases as of June 30, 2022, were as follows: June 30, 2022 Operating Financing Weighted-average remaining lease term (in years) 8.3 6.8 Weighted-average discount rate 5.55% 4.56%
Balance Sheet Classifications	Balance sheet classifications at June 30, 2022 and December 31, 2021 are summarized below: June 30, 2022 December 31, 2021 (in thousands) Right of use assets Current right of use liabilities Long-term right of use liabilities Right of use assets Current right of use liabilities Long-term right of use liabilities Operating Leases $ 42,459 $ 7,826 $ 42,610 $ 42,502 $ 7,711 $ 43,359 Finance Leases 3,373 639 3,529 3,854 633 4,061 Total $ 45,832 $ 8,465 $ 46,139 $ 46,356 $ 8,344 $ 47,420
Future Minimum Lease Payments - Finance Leases	Our future minimum lease payments as of June 30, 2022 under operating lease and finance leases, with initial or remaining lease terms in excess of one year, are as follows: June 30, 2022 (in thousands) Operating Leases Finance Leases Remainder of 2022 $ 5,295 $ 399 2023 $ 9,995 $ 775 2024 $ 8,403 $ 729 2025 $ 6,483 $ 680 2026 $ 5,797 $ 603 Thereafter $ 26,999 $ 1,605 Total lease payments $ 62,972 $ 4,791 Less: imputed interest $ (12,536) $ (623) Present value of lease liabilities $ 50,436 $ 4,168
Future Minimum Lease Payments - Operating Leases	Our future minimum lease payments as of June 30, 2022 under operating lease and finance leases, with initial or remaining lease terms in excess of one year, are as follows: June 30, 2022 (in thousands) Operating Leases Finance Leases Remainder of 2022 $ 5,295 $ 399 2023 $ 9,995 $ 775 2024 $ 8,403 $ 729 2025 $ 6,483 $ 680 2026 $ 5,797 $ 603 Thereafter $ 26,999 $ 1,605 Total lease payments $ 62,972 $ 4,791 Less: imputed interest $ (12,536) $ (623) Present value of lease liabilities $ 50,436 $ 4,168

Inventories (Tables)

Inventories (Tables)	6 Months Ended
	Jun. 30, 2022
Inventory Disclosure [Abstract]
Components of Inventories	Components of inventories at June 30, 2022 and December 31, 2021 are summarized as follows: (in thousands) June 30, 2022 December 31, 2021 Raw materials $ 32,985 $ 23,530 Work in process 7,997 5,173 Finished goods and parts 65,019 64,184 Inventories $ 106,001 $ 92,887

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	The following table summarizes the activity in goodwill: Six Months Ended June 30, 2022 Healthcare Industrial Consolidated (in thousands) Gross Goodwill Impairments Net Goodwill Gross Goodwill Impairments Net Goodwill Gross Goodwill Impairments Net Goodwill Balance at beginning of year $ 121,970 $ (32,055) $ 89,915 $ 298,002 $ (42,329) $ 255,673 $ 419,972 $ (74,384) $ 345,588 Acquisitions 25,065 — 25,065 22,357 — 22,357 47,422 — 47,422 Foreign currency translation adjustments (4,531) — (4,531) (5,981) — (5,981) (10,512) — (10,512) Total goodwill $ 142,504 $ (32,055) $ 110,449 $ 314,378 $ (42,329) $ 272,049 $ 456,882 $ (74,384) $ 382,498 December 31, 2021 Healthcare Industrial Consolidated (in thousands) Gross Goodwill Impairments Net Goodwill Gross Goodwill Impairments Net Goodwill Gross Goodwill Impairments Net Goodwill Balance at beginning of year $ 101,767 $ (32,055) $ 69,712 $ 134,382 $ (42,329) $ 92,053 $ 236,149 $ (74,384) $ 161,765 Acquisitions 39,182 — 39,182 170,033 — 170,033 209,215 — 209,215 Dispositions (15,598) — (15,598) (3,873) — (3,873) (19,471) — (19,471) Adjustments (900) — (900) 900 — 900 — — — Foreign currency translation adjustments (2,481) — (2,481) (3,440) — (3,440) (5,921) — (5,921) Total goodwill $ 121,970 $ (32,055) $ 89,915 $ 298,002 $ (42,329) $ 255,673 $ 419,972 $ (74,384) $ 345,588
Schedule of Finite-Lived Intangible Assets	Intangible assets, net, other than goodwill, at June 30, 2022 and December 31, 2021 are summarized as follows: June 30, 2022 December 31, 2021 (in thousands) Gross Accumulated Amortization Net Gross Accumulated Amortization Net Weighted Average Useful Life Remaining (in years) Intangible assets with finite lives: Customer relationships $ 49,886 $ (45,145) $ 4,741 $ 53,062 $ (45,613) $ 7,449 2.3 Acquired technology 36,290 (6,301) 29,989 17,518 (5,430) 12,088 6.5 Trade names 31,227 (11,020) 20,207 20,448 (10,438) 10,010 11.1 Patent costs 20,836 (11,600) 9,236 21,852 (11,812) 10,040 11.0 Trade secrets 19,585 (19,130) 455 19,924 (18,971) 953 0.6 Acquired patents 16,202 (15,945) 257 16,257 (15,945) 312 6.4 Other 13,031 (7,911) 5,120 12,982 (7,999) 4,983 3.9 Total intangible assets $ 187,057 $ (117,052) $ 70,005 $ 162,043 $ (116,208) $ 45,835 7.6

Accrued and Other Liabilities (

Accrued and Other Liabilities (Tables)	6 Months Ended
	Jun. 30, 2022
Payables and Accruals [Abstract]
Schedule of Accrued Liabilities	Accrued liabilities at June 30, 2022 and December 31, 2021 are summarized as follows: (in thousands) June 30, 2022 December 31, 2021 Compensation and benefits $ 18,749 $ 39,846 Accrued taxes 9,112 19,836 Vendor accruals 10,752 9,045 Legal contingencies and exit cost accruals 10,070 — Product warranty liability 3,611 3,585 Accrued professional fees 1,989 2,263 Accrued other 566 2,419 Total $ 54,849 $ 76,994
Schedule of Other Liabilities	Other long-term liabilities at June 30, 2022 and December 31, 2021 are summarized as follows: (in thousands) June 30, 2022 December 31, 2021 Long-term employee indemnity $ 4,780 $ 5,237 Long-term tax liability 5,946 6,099 Defined benefit pension obligation 8,171 8,911 Long-term deferred revenue 7,235 10,244 Other long-term liabilities 9,719 1,763 Total $ 35,851 $ 32,254

Net Income (Loss) Per Share (Ta

Net Income (Loss) Per Share (Tables)	6 Months Ended
	Jun. 30, 2022
Earnings Per Share [Abstract]
Schedule of Net Income (Loss) Per Share Reconciliation	Three Months Ended June 30, Six Months Ended June 30, (in thousands, except per share amounts) 2022 2021 2022 2021 Numerator for basic and diluted net income (loss) per share: Net income (loss) attributable to 3D Systems Corporation $ (32,961) $ (9,632) $ (59,760) $ 35,596 Denominator for net income (loss) per share: Weighted average shares - basic 127,703 122,147 127,218 121,931 Dilutive effect of shares issuable under stock based compensation and other plans (1) — — — 3,138 Weighted average shares - diluted 127,703 122,147 127,218 125,069 Anti-dilutive shares of stock based compensation awards which are excluded from the dilutive shares above (2) 496 2,816 1,066 3,138 Net income (loss) per share - basic $ (0.26) $ (0.08) $ (0.47) $ 0.29 Net income (loss) per share - diluted $ (0.26) $ (0.08) $ (0.47) $ 0.28 (1) The dilutive impact of share awards for the three and six months ended June 30, 2022 and the three months ended June 30, 2021 are deemed anti-dilutive because we had a net loss for these periods. (2) Excludes the impact of shares contingently issuable upon the achievement of certain milestones in the Volumetric acquisition as discussed in Note 2. Additionally, it excludes 5,213 and 4,439 shares for the three and six months ended June 30, 2022, respectively, and 2,207 and 1,886 shares for the three and six months ended June 30, 2021, respectively, which are deemed fully or partially repurchased based on the calculation which requires certain assumptions regarding the assumed proceeds that will hypothetically repurchase unvested restricted shares and outstanding stock options.

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2022
Fair Value Disclosures [Abstract]
Summary of Assets and Liabilities Measured At Fair Value on Recurring Basis	Assets and liabilities measured at fair value on a recurring basis are summarized below: Fair Value Measurement As of June 30, 2022 Fair Value Measurement Balance Sheet Classification Fair Value Level Cost Basis Unrealized Gains (Losses) Fair Value Cash and Cash Equivalents Short-term Investments and Marketable Securities Other Assets Money market funds Level 1 $ 123,437 $ — $ 123,437 $ 123,437 $ — $ — Certificates of Deposit Level 2 2,609 (4) 2,605 — 2,605 — Commercial paper Level 2 31,265 — 31,265 5,136 26,129 — Short-Term Bond Mutual Fund Level 2 100,242 (601) 99,641 — 99,641 — Corporate bonds (1) Level 2 214,428 (3,418) 211,010 — 211,011 — Israeli severance funds Level 2 — — — — — 1,840 Total $ 471,981 $ (4,023) $ 467,958 $ 128,573 $ 339,386 $ 1,840 (1) Includes $1,871 and $1,863 of cost basis and fair market value respectively, with a weighted average maturity of 1.3 years. Fair Value Measurements as of December 31, 2021 (in thousands) Level 1 Level 2 Level 3 Total Description Money market funds a $ 485,521 $ — $ — $ 485,521 Israeli severance funds b $ — $ 2,070 $ — $ 2,070 a. Money market funds at December 31, 2021 are recorded in cash and cash equivalents. b. We partially fund a liability for our Israeli severance requirement through monthly deposits into fund accounts, the value of these contributions are recorded to non-current assets on the consolidated balance sheet.

Restructuring and Exit Activi_2

Restructuring and Exit Activity Costs (Tables)	6 Months Ended
	Jun. 30, 2022
Restructuring and Related Activities [Abstract]
Restructuring and Related Costs	(in thousands) Costs Incurred during 2020 Costs Incurred during the six months ended June 30, 2021 Total Costs Incurred Through June 30, 2021 Severance, termination benefits and other employee costs $ 12,914 $ 660 $ 13,574 Facility closing costs 6,470 640 7,110 Other costs 668 (179) 489 Total $ 20,052 $ 1,121 $ 21,173
Schedule of Restructuring Reserve by Type of Cost	The liabilities at June 30, 2021 related to these costs were principally recorded in accrued expenses in the condensed consolidated balance sheets and were as follows: (in thousands) Balance at December 31, 2020 Costs Incurred during the six months ended June 30, 2021 Cost paid during 2021 Non-cash adjustments Liability at June 30, 2021 Severance, termination benefits and other employee costs $ 7,173 $ 660 $ (7,768) $ — $ 65 Facility closing costs — 640 (640) — — Other costs — (179) — 611 432 Total $ 7,173 $ 1,121 $ (8,408) $ 611 $ 497

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	6 Months Ended
	Jun. 30, 2022
Share-Based Payment Arrangement [Abstract]
Schedule of Stock-based Compensation Expense	Presented below is a summary of the stock-based compensation cost and associated tax benefit included in the accompanying consolidated statements of operations: Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Stock-based compensation expense $ 7,403 $ 19,525 $ 20,061 $ 30,576 Tax benefit $ — $ — $ — $ —
Schedule of Shares and Units of Restricted Common Stock	The following tables summarize information relating to restricted stock vesting: Six Months Ended June 30, (in thousands) 2022 2021 Vesting of restricted stock: Fair value of shares vested $ 45,489 $ 30,866 Tax benefit realized upon vesting $ — $ — Number of shares vested 3,028 1,133

Redeemable Noncontrolling int_2

Redeemable Noncontrolling interest (Tables)	6 Months Ended
	Jun. 30, 2022
Noncontrolling Interest [Abstract]
Schedule of Redeemable Noncontrolling Interest	The following table shows changes in the RNCI related to the acquisition of Kumovis: Six Months Ended June 30, (in thousands) 2022 2021 Balance at January 1, 2022 $ — $ — Fair value at the date of acquisition (1) 2,418 — Net Loss (37) — Translation Adjustments (232) — Balance at June 30, 2022 $ 2,149 $ — (1) Fair value as the date of acquisition is an estimate. The fair value of the RNCI is currently being determined as part of the business combination accounting

Basis of Presentation (Details)

Basis of Presentation (Details) $ in Thousands		6 Months Ended
	Dec. 31, 2020 segment	Jun. 30, 2022 USD ($) segment	Jun. 30, 2021 USD ($)	Apr. 01, 2022
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Number of reportable segments | segment	1	2
Net cash provided by operating activities		$ (38,211)	$ 41,976
Net cash provided by investing activities		(437,086)	35,325
Net cash (used in) financing activities		(12,687)	(32,444)
Effect of exchange rate changes on cash, cash equivalents and restricted cash		(2,047)	2,902
Net increase in cash, cash equivalents and restricted cash		$ (490,031)	47,759
Kumovis GmbH
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Acquired ownership percentage				93.75%
As Reported
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Net cash provided by operating activities			41,976
Net cash provided by investing activities			31,325
Net cash (used in) financing activities			(28,444)
Effect of exchange rate changes on cash, cash equivalents and restricted cash			2,902
Net increase in cash, cash equivalents and restricted cash			47,759
Changed
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Net cash provided by operating activities			0
Net cash provided by investing activities			4,000
Net cash (used in) financing activities			(4,000)
Effect of exchange rate changes on cash, cash equivalents and restricted cash			0
Net increase in cash, cash equivalents and restricted cash			$ 0

Divestitures and Acquisitions -

Divestitures and Acquisitions - Narrative (Details)

1 Months Ended

3 Months Ended

6 Months Ended

12 Months Ended

Apr. 01, 2022 USD ($)

Dec. 01, 2021 USD ($) milestone shares

Nov. 01, 2021 USD ($) shares

Aug. 24, 2021 USD ($)

Jan. 01, 2021 USD ($)

Jan. 21, 2019 USD ($)

Jul. 19, 2017 USD ($)

Sep. 30, 2021 USD ($)

Jun. 30, 2022 USD ($) milestone

Jun. 30, 2022 USD ($) milestone

Jun. 30, 2021 USD ($)

Dec. 31, 2021 USD ($)

Mar. 31, 2022 USD ($)

Dec. 31, 2018

Apr. 02, 2015

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Proceeds from sale of assets and businesses, net of cash

$ 0

$ 54,747,000

Payment period

4 years

Installment payments

$ 2,300,000

4,000,000

Arabian Industrial Investments Company

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Ownership percentage

49%

Initial investment

$ 6,500,000

Entach Inc

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Ownership percentage

26.60%

Investments

$ 10,000,000

Deferred tax assets investments

$ 9,670

9,670

Warrants

$ 330,000

$ 330,000

Oqton, Inc.

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Purchase price

$ 106,785,000

Purchase price

$ 187,425,000

Shares acquired (in shares) | shares

2,553,000

Common stock, fair value from acquisition

$ 80,697,000

Acquisition related expenses

$ 1,780,000

Volumetric Biotechnologies, Inc.

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Purchase price

$ 24,814,000

Purchase price

$ 40,173,000

Shares acquired (in shares) | shares

720

Common stock, fair value from acquisition

$ 15,358,000

Acquisition related expenses

1,306,000

Additional payments (up to)

$ 355,000,000

Number of milestones | milestone

7

7

7

Number of milestones probable of achievement | milestone

1

1

Expense for milestone payment

$ 3,979,000

$ 7,959,000

Easyway

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Acquired ownership percentage

30%

5%

70%

65%

Total fair value of consideration transferred

$ 13,500,000

$ 2,300,000

Installment payments

$ 2,300,000

4,000,000

Kumovis GmbH

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Acquired ownership percentage

93.75%

Purchase price

$ 37,726,000

Fair value of RNCI

2,418,000

Deferred cash consideration

$ 3,628,000

Cash deferment period

15 months

Equity interest percentage

50%

Acquisition years

5 years 9 months

Purchase price

$ 40,144,000

Total fair value of consideration transferred

$ 40,144,000

Kumovis GmbH | Kumovis GmbH

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Ownership percentage

6.25%

Titan Additive LLC

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Acquired ownership percentage

100%

Purchase price

$ 39,500,000

Purchase price

$ 39,500,000

Disposal Group, Disposed of by Sale, Not Discontinued Operations | On Demand Manufacturing

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Proceeds from sale of assets and businesses, net of cash

$ 82,000,000

Gain on disposition

$ 38,490,000

Disposal Group, Disposed of by Sale, Not Discontinued Operations | Simbionix

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Proceeds from sale of assets and businesses, net of cash

$ 305,000,000

Gain on disposition

$ 271,404,000

Ownership interest prior to disposal

100%

Cash transferred to the purchaser

$ 6,794,000

Gain for accumulated foreign currency translation gain

$ 2,431,000

Disposal Group, Disposed of by Sale, Not Discontinued Operations | GIBBSCam Cimatron

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Proceeds from sale of assets and businesses, net of cash

$ 64,173,000

Gain on disposition

32,047,000

Ownership interest prior to disposal

100%

Cash transferred to the purchaser

$ 9,476,000

Gain for accumulated foreign currency translation gain

$ 6,481,000

Divestitures and Acquisitions_2

Divestitures and Acquisitions - Fair Value of Consideration Transferred (Details) - Kumovis GmbH $ in Thousands	Apr. 01, 2022 USD ($)
Business Acquisition [Line Items]
Cash Paid at acquisition	$ 34,098
Deferred cash consideration	3,628
Estimated Fair Value of RNCI	2,418
Total fair value of consideration transferred	$ 40,144

Divestitures and Acquisitions_3

Divestitures and Acquisitions - Assets and Liabilities Assumed (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Apr. 01, 2022	Dec. 31, 2021	Dec. 01, 2021	Nov. 01, 2021	Dec. 31, 2020
Intangible assets:
Goodwill	$ 382,498		$ 345,588			$ 161,765
Kumovis GmbH
Business Acquisition [Line Items]
Current assets, including cash acquired		$ 1,408
Intangible assets:
Total intangible assets		13,488
Goodwill		26,277
Other assets		705
Liabilities:
Accounts payable and accrued liabilities		332
Deferred revenue		70
Deferred Tax Liability		1,332
Total liabilities		1,734
Net assets acquired		40,144
Cash acquired		125
Kumovis GmbH | Product technology
Intangible assets:
Total intangible assets		7,886
Kumovis GmbH | Trade names
Intangible assets:
Total intangible assets		5,602
Titan Additive LLC
Business Acquisition [Line Items]
Current assets, including cash acquired		661
Intangible assets:
Total intangible assets		14,950
Goodwill		24,043
Other assets		479
Liabilities:
Accounts payable and accrued liabilities		223
Deferred revenue		410
Total liabilities		633
Net assets acquired		39,500
Titan Additive LLC | Product technology
Intangible assets:
Total intangible assets		9,370
Titan Additive LLC | Trade names
Intangible assets:
Total intangible assets		$ 5,580
Oqton, Inc.
Business Acquisition [Line Items]
Current assets, including cash acquired					$ 8,344
Intangible assets:
Total intangible assets					19,900
Goodwill					165,611
Other assets					703
Liabilities:
Accounts payable and accrued liabilities					6,643
Deferred revenue					490
Total liabilities					7,133
Net assets acquired					187,425
Cash acquired					3,454
Oqton, Inc. | Product technology
Intangible assets:
Total intangible assets					12,600
Oqton, Inc. | Trade names
Intangible assets:
Total intangible assets					$ 7,300
Volumetric Biotechnologies, Inc.
Business Acquisition [Line Items]
Current assets, including cash acquired				$ 3,143
Intangible assets:
Total intangible assets				1,500
Goodwill				37,492
Other assets				1,194
Liabilities:
Accounts payable and accrued liabilities				3,156
Total liabilities				3,156
Net assets acquired				40,173
Cash acquired				389
Volumetric Biotechnologies, Inc. | Developed Technology
Intangible assets:
Total intangible assets				1,100
Volumetric Biotechnologies, Inc. | Distributor Relationship
Intangible assets:
Total intangible assets				$ 400

Revenue (Details)

Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Outstanding performance obligation	$ 127,096		$ 127,096
Warranty period			1 year
Total revenue	140,045	$ 162,557	$ 273,046	$ 308,673
Amounts included in contract liability at the beginning of period			20,996	24,740
Collaborative Arrangement
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Total revenue	$ 3,342	$ 2,040	$ 5,774	$ 3,847
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction [Axis]: 2022-07-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation (as a percentage)	87.90%		87.90%
Performance obligations expected to be satisfied, expected timing	12 months		12 months
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction [Axis]: 2023-07-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation (as a percentage)	8%		8%
Performance obligations expected to be satisfied, expected timing	6 months		6 months

Segment Information (Details)

Segment Information (Details) $ in Thousands		3 Months Ended		6 Months Ended
	Dec. 31, 2020 segment	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)	Jun. 30, 2022 USD ($) segment	Jun. 30, 2021 USD ($)
Segment Reporting Information [Line Items]
Number of reportable segments | segment	1			2
Revenue		$ 140,045	$ 162,557	$ 273,046	$ 308,673
Cost of sales		86,907	93,552	166,113	175,428
Gross profit		53,138	69,005	106,933	133,245
Segment operating expenses		85,176	79,065	162,203	145,264
Segment operating income		$ (32,038)	$ (10,060)	$ (55,270)	$ (12,019)
Revenue from Contract with Customer Benchmark | Geographic Concentration Risk | Non-US
Segment Reporting Information [Line Items]
Concentration risk percentage		43.60%	43.90%	44.10%	43.80%
Segment Reconciling Items
Segment Reporting Information [Line Items]
Segment operating expenses		$ 41,805	$ 36,894	$ 81,611	$ 68,719
Segment operating income		11,333	32,111	25,322	64,526
General corporate expense, net
Segment Reporting Information [Line Items]
Segment operating income		43,371	42,171	80,592	76,545
Healthcare
Segment Reporting Information [Line Items]
Revenue		71,746	82,826	136,091	155,347
Cost of sales		45,130	44,207	84,762	82,865
Gross profit		26,616	38,619	51,329	72,482
Healthcare | Segment Reconciling Items
Segment Reporting Information [Line Items]
Segment operating expenses		17,747	16,366	34,757	30,436
Segment operating income		8,869	22,253	16,572	42,046
Industrial
Segment Reporting Information [Line Items]
Revenue		68,299	79,731	136,955	153,326
Cost of sales		41,777	49,345	81,351	92,563
Gross profit		26,522	30,386	55,604	60,763
Industrial | Segment Reconciling Items
Segment Reporting Information [Line Items]
Segment operating expenses		24,058	20,528	46,854	38,283
Segment operating income		$ 2,464	$ 9,858	$ 8,750	$ 22,480

Leases - Narrative (Details)

Leases - Narrative (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2022 USD ($)	Feb. 25, 2021 USD ($) ft²
Lessee, Lease, Description [Line Items]
Lease renewal term	1 year
Land sold | $		$ 389
Estimate lease payments | $	$ 16,875
Colorado
Lessee, Lease, Description [Line Items]
Rentable area | ft²		50,000
Estimate lease payments | $	$ 14,233
Term of contract		10 years
Minimum
Lessee, Lease, Description [Line Items]
Remaining lease term	1 year
Rentable area | ft²		80,000
Maximum
Lessee, Lease, Description [Line Items]
Remaining lease term	16 years
Rentable area | ft²		100,000

Leases - Components of Lease Co

Leases - Components of Lease Cost (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Leases [Abstract]
Operating lease cost	$ 2,386	$ 2,669	$ 4,573	$ 5,182	$ 2,386
Finance lease cost - amortization expense	153	156	312	306
Finance lease cost - interest expense	49	62	102	125
Short-term lease cost	268	37	431	91
Variable lease cost	579	704	1,117	984
Sublease income	(63)	(156)	(127)	(313)
Total	$ 3,372	$ 3,472	$ 6,408	$ 6,375

Leases - Balance Sheet Classifi

Leases - Balance Sheet Classifications (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Right of use assets
Operating Leases	$ 42,459	$ 42,502
Finance Leases	3,373	3,854
Total	45,832	46,356
Current right of use liabilities
Operating Leases	7,826	7,711
Finance Leases	639	633
Total	8,465	8,344
Long-term right of use liabilities
Operating Leases	42,610	43,359
Finance Leases	3,529	4,061
Total	$ 46,139	$ 47,420
Operating lease, right-of-use asset, statement of financial position, extensible list	Total	Total
Finance lease, right-of-use asset, statement of financial position, extensible list	Total	Total
Operating lease, liability, current, statement of financial position, extensible list	Total	Total
Finance lease, liability, current, statement of financial position, extensible list	Total	Total
Operating lease, liability, noncurrent, statement of financial position, extensible list	Total	Total
Finance lease, liability, noncurrent, statement of financial position, extensible list	Total	Total

Leases - Future Minimum Lease P

Leases - Future Minimum Lease Payments (Details) $ in Thousands	Jun. 30, 2022 USD ($)
Operating Leases
Remainder of 2022	$ 5,295
2023	9,995
2024	8,403
2025	6,483
2026	5,797
Thereafter	26,999
Total lease payments	62,972
Less: imputed interest	(12,536)
Present value of lease liabilities	50,436
Finance Leases
Remainder of 2022	399
2023	775
2024	729
2025	680
2026	603
Thereafter	1,605
Total lease payments	4,791
Less: imputed interest	(623)
Present value of lease liabilities	$ 4,168

Leases - Supplemental Cash Flow

Leases - Supplemental Cash Flows (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflow from operating leases	$ 5,075	$ 5,521
Operating cash outflow from finance leases	102	125
Financing cash outflow from finance leases	$ 324	$ 329

Leases - Lease Weighted Average

Leases - Lease Weighted Average (Details)	Jun. 30, 2022
Operating
Weighted-average remaining lease term (in years)	8 years 3 months 18 days
Weighted-average discount rate	5.55%
Financing
Weighted-average remaining lease term (in years)	6 years 9 months 18 days
Weighted-average discount rate	4.56%

Inventories - Components of Inv

Inventories - Components of Inventories (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Inventory Disclosure [Abstract]
Raw materials	$ 32,985	$ 23,530
Work in process	7,997	5,173
Finished goods and parts	65,019	64,184
Inventories	$ 106,001	$ 92,887

Inventories - Narrative (Detail

Inventories - Narrative (Details) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended		6 Months Ended
	Jul. 31, 2022	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Dec. 31, 2021
Inventory [Line Items]
Inventory reserve		$ 16,041		$ 16,041	$ 16,509
Sale of inventory				1,482
Inventory held at assemblers		2,768		2,768
Inventory transfers to property, plant and equipment		764	$ 502
Exit fee		1,670		1,670
Purchase of inventory		44,608		44,608	$ 42,653
Inventories
Inventory [Line Items]
Purchase of inventory		8,892		8,892
Subsequent Event
Inventory [Line Items]
Exit fee	$ 1,670
Payments for inventory	17,060
Subsequent Event | Inventories
Inventory [Line Items]
Purchase commitment, amount	23,913
Payments for inventory	17,060
Subsequent Event | Capital Addition Purchase Commitments
Inventory [Line Items]
Purchase commitment, amount	$ 369
Supply and Offtake Agreements
Inventory [Line Items]
Purchase commitment		$ 5,775		$ 5,775

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets - Goodwill (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
Goodwill [Roll Forward]
Balance at beginning of year, gross	$ 419,972	$ 236,149
Balance at beginning of year, impairments	(74,384)	(74,384)
Balance at beginning of year, net	345,588	161,765
Acquisitions		209,215
Dispositions		(19,471)
Acquisitions / adjustments	47,422	0
Foreign currency translation adjustments	(10,512)	(5,921)
Ending balance, gross	456,882	419,972
Ending balance, impairments	(74,384)	(74,384)
Ending balance, net	382,498	345,588
Healthcare
Goodwill [Roll Forward]
Balance at beginning of year, gross	121,970	101,767
Balance at beginning of year, impairments	(32,055)	(32,055)
Balance at beginning of year, net	89,915	69,712
Acquisitions		39,182
Dispositions		(15,598)
Acquisitions / adjustments	25,065	(900)
Foreign currency translation adjustments	(4,531)	(2,481)
Ending balance, gross	142,504	121,970
Ending balance, impairments	(32,055)	(32,055)
Ending balance, net	110,449	89,915
Industrial
Goodwill [Roll Forward]
Balance at beginning of year, gross	298,002	134,382
Balance at beginning of year, impairments	(42,329)	(42,329)
Balance at beginning of year, net	255,673	92,053
Acquisitions		170,033
Dispositions		(3,873)
Acquisitions / adjustments	22,357	900
Foreign currency translation adjustments	(5,981)	(3,440)
Ending balance, gross	314,378	298,002
Ending balance, impairments	(42,329)	(42,329)
Ending balance, net	$ 272,049	$ 255,673

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets - Intangible assets (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Finite-Lived Intangible Assets [Line Items]
Gross	$ 187,057		$ 187,057		$ 162,043
Accumulated Amortization	(117,052)		(117,052)		(116,208)
Net	70,005		$ 70,005		45,835
Weighted Average Useful Life Remaining (in years)			7 years 7 months 6 days
Amortization expense	3,302	$ 2,502	$ 5,980	$ 4,929
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Gross	49,886		49,886		53,062
Accumulated Amortization	(45,145)		(45,145)		(45,613)
Net	4,741		$ 4,741		7,449
Weighted Average Useful Life Remaining (in years)			2 years 3 months 18 days
Acquired technology
Finite-Lived Intangible Assets [Line Items]
Gross	36,290		$ 36,290		17,518
Accumulated Amortization	(6,301)		(6,301)		(5,430)
Net	29,989		$ 29,989		12,088
Weighted Average Useful Life Remaining (in years)			6 years 6 months
Trade names
Finite-Lived Intangible Assets [Line Items]
Gross	31,227		$ 31,227		20,448
Accumulated Amortization	(11,020)		(11,020)		(10,438)
Net	20,207		$ 20,207		10,010
Weighted Average Useful Life Remaining (in years)			11 years 1 month 6 days
Patent costs
Finite-Lived Intangible Assets [Line Items]
Gross	20,836		$ 20,836		21,852
Accumulated Amortization	(11,600)		(11,600)		(11,812)
Net	9,236		$ 9,236		10,040
Weighted Average Useful Life Remaining (in years)			11 years
Trade secrets
Finite-Lived Intangible Assets [Line Items]
Gross	19,585		$ 19,585		19,924
Accumulated Amortization	(19,130)		(19,130)		(18,971)
Net	455		$ 455		953
Weighted Average Useful Life Remaining (in years)			7 months 6 days
Acquired patents
Finite-Lived Intangible Assets [Line Items]
Gross	16,202		$ 16,202		16,257
Accumulated Amortization	(15,945)		(15,945)		(15,945)
Net	257		$ 257		312
Weighted Average Useful Life Remaining (in years)			6 years 4 months 24 days
Other
Finite-Lived Intangible Assets [Line Items]
Gross	13,031		$ 13,031		12,982
Accumulated Amortization	(7,911)		(7,911)		(7,999)
Net	$ 5,120		$ 5,120		$ 4,983
Weighted Average Useful Life Remaining (in years)			3 years 10 months 24 days

Accrued and Other Liabilities -

Accrued and Other Liabilities - Schedule Of Accrued Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Payables and Accruals [Abstract]
Compensation and benefits	$ 18,749	$ 39,846
Accrued taxes	9,112	19,836
Vendor accruals	10,752	9,045
Legal contingencies and exit cost accruals	10,070	0
Product warranty liability	3,611	3,585
Accrued professional fees	1,989	2,263
Accrued other	566	2,419
Total	$ 54,849	$ 76,994

Accrued and Other Liabilities_2

Accrued and Other Liabilities - Schedule Of Other Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Payables and Accruals [Abstract]
Long-term employee indemnity	$ 4,780	$ 5,237
Long-term tax liability	5,946	6,099
Defined benefit pension obligation	8,171	8,911
Long-term deferred revenue	7,235	10,244
Other long-term liabilities	9,719	1,763
Total	$ 35,851	$ 32,254

Borrowings (Details)

Borrowings (Details)			3 Months Ended	6 Months Ended			12 Months Ended
	Nov. 16, 2021 USD ($) day $ / shares	Feb. 27, 2019 USD ($)	Jun. 30, 2022 USD ($) $ / shares	Dec. 31, 2022 USD ($)	Jun. 30, 2022 USD ($) $ / shares	Jun. 30, 2021 USD ($) $ / shares	Dec. 31, 2026 USD ($)	Dec. 31, 2025 USD ($)	Dec. 31, 2024 USD ($)	Dec. 31, 2023 USD ($)	Dec. 31, 2021 $ / shares	Dec. 31, 2020
Line of Credit Facility [Line Items]
Discounts and commissions and offering expenses, unamortized amount			$ 11,826,000		$ 11,826,000
Common stock, par value (in dollars per share) | $ / shares	$ 0.001		$ 0.001		$ 0.001	$ 0.001					$ 0.001
Debt issuance cost accretion			$ 666,000		$ 1,331,000
Interest paid					102,000	$ 1,058,000
Forecast
Line of Credit Facility [Line Items]
Debt issuance cost accretion				$ 1,335,000			$ 2,396,000	$ 2,714,000	$ 2,698,000	$ 2,682,000
Convertible Senior Notes Due 2026 | Convertible Debt
Line of Credit Facility [Line Items]
Principal amount	$ 460,000,000
Interest rate (as a percentage)	0%
Net proceeds from the offering of notes	$ 446,549,000
Discounts and commissions and offering expenses	$ 13,481,000
Floating interest rate	0.594%
Threshold percentage of stock price trigger	130%
Threshold trading days | day	20
Threshold consecutive trading days | day	30
Threshold consecutive trading days, sale price per share | day	5
Consecutive trading day period | day	5
Threshold percentage of sales price per share	98%
Conversion ratio	0.0278364
Conversion price (in dollars per share) | $ / shares	$ 35.92
Percentage of principal amount redeemed	100%
Fair value			$ 325,657,000		$ 325,657,000
Senior Credit Facility
Line of Credit Facility [Line Items]
Credit agreement term		5 years
Credit agreement, maximum borrowing capacity		$ 100,000,000
Term Loan Facility
Line of Credit Facility [Line Items]
Credit agreement term		5 years
Credit agreement, maximum borrowing capacity		$ 100,000,000
Line of credit facility, interest rate at period end												1.90%

Hedging Activities And Financ_2

Hedging Activities And Financial Instruments (Details) - USD ($)	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2022	Dec. 31, 2021	Jul. 08, 2019
Term Loan Facility
Derivative [Line Items]
Termination of derivative instrument	$ 721,000
Not Designated as Hedging Instrument
Derivative [Line Items]
Foreign currency contracts		$ 47,500,000	$ 43,000,000
Interest Rate Contract | Designated as Hedging Instrument
Derivative [Line Items]
Notional amount				$ 50,000,000
Floor interest rate (as a percentage)				0%

Net Income (Loss) Per Share - S

Net Income (Loss) Per Share - Schedule (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Numerator for basic and diluted net income (loss) per share:
Net income (loss) attributable to 3D Systems Corporation	$ (32,961)	$ (9,632)	$ (59,760)	$ 35,596
Denominator for net income (loss) per share:
Weighted average shares - basic (in shares)	127,703	122,147	127,218	121,931
Dilutive effect of shares issuable under stock based compensation and other plans (in shares)	0	0	0	3,138
Weighted average shares - diluted (in shares)	127,703	122,147	127,218	125,069
Anti-dilutive shares of restricted share awards which are excluded from the dilutive shares above (in shares)	496	2,816	1,066	3,138
Net income (loss) per share - basic (in dollars per share)	$ (0.26)	$ (0.08)	$ (0.47)	$ 0.29
Net income (loss) per share - diluted (in dollars per share)	$ (0.26)	$ (0.08)	$ (0.47)	$ 0.28
Restricted Stock
Denominator for net income (loss) per share:
Anti-dilutive shares of restricted share awards which are excluded from the dilutive shares above (in shares)	5,213	2,207	4,439	1,886

Net Income (Loss) Per Share - N

Net Income (Loss) Per Share - Narrative (Details) - USD ($)		12 Months Ended
	Nov. 16, 2021	Dec. 31, 2021
ATM
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Number of shares sold (in shares)		0
Convertible Senior Notes Due 2026 | Senior Notes
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Principal amount	$ 460,000,000
Interest rate (as a percentage)	0%
Stock price trigger (in dollars per share)	$ 35.92

Fair Value Measurements (Detail

Fair Value Measurements (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cost Basis	$ 471,981
Unrealized Gains (Losses)	(4,023)
Fair Value	467,958
Cash equivalents		$ 485,521
Israeli severance funds		2,070
Entach Inc
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Warrants	330
Cash and Cash Equivalents
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	128,573
Short-term Investments and Marketable Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	339,386
Other Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	$ 1,840
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents		485,521
Israeli severance funds		0
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Weighted average maturity	1 year 3 months 18 days
Cash equivalents		0
Israeli severance funds		2,070
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents		0
Israeli severance funds		$ 0
Money market funds | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cost Basis	$ 123,437
Unrealized Gains (Losses)	0
Fair Value	123,437
Money market funds | Level 1 | Cash and Cash Equivalents
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	123,437
Money market funds | Level 1 | Short-term Investments and Marketable Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0
Money market funds | Level 1 | Other Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0
Certificates of Deposit | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cost Basis	2,609
Unrealized Gains (Losses)	(4)
Fair Value	2,605
Certificates of Deposit | Level 2 | Cash and Cash Equivalents
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0
Certificates of Deposit | Level 2 | Short-term Investments and Marketable Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	2,605
Certificates of Deposit | Level 2 | Other Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0
Commercial paper | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cost Basis	31,265
Unrealized Gains (Losses)	0
Fair Value	31,265
Commercial paper | Level 2 | Cash and Cash Equivalents
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	5,136
Commercial paper | Level 2 | Short-term Investments and Marketable Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	26,129
Commercial paper | Level 2 | Other Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0
Short-Term Bond Mutual Fund | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cost Basis	100,242
Unrealized Gains (Losses)	(601)
Fair Value	99,641
Short-Term Bond Mutual Fund | Level 2 | Cash and Cash Equivalents
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0
Short-Term Bond Mutual Fund | Level 2 | Short-term Investments and Marketable Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	99,641
Short-Term Bond Mutual Fund | Level 2 | Other Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0
Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cost Basis	1,871
Fair Value	1,863
Corporate bonds | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cost Basis	214,428
Unrealized Gains (Losses)	(3,418)
Fair Value	211,010
Corporate bonds | Level 2 | Cash and Cash Equivalents
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0
Corporate bonds | Level 2 | Short-term Investments and Marketable Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	211,011
Corporate bonds | Level 2 | Other Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0
Israeli severance funds | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cost Basis	0
Unrealized Gains (Losses)	0
Fair Value	0
Israeli severance funds | Level 2 | Cash and Cash Equivalents
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0
Israeli severance funds | Level 2 | Short-term Investments and Marketable Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0
Israeli severance funds | Level 2 | Other Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	$ 1,840

Income Taxes (Details)

Income Taxes (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Income Tax Disclosure [Abstract]
Effective income tax expense (benefit), rate	(4.10%)	7.20%	(4.50%)	(34.20%)

Commitments and Contingencies (

Commitments and Contingencies (Details)	Sep. 06, 2019	Jun. 30, 2022 USD ($)	Aug. 31, 2020 subpoena	Jul. 19, 2019 USD ($)
Commitments and Contingencies Disclosure [Abstract]
Number of subpoenas | subpoena			2
Maximum of awards allowed to be received				$ 35,000
Agreement term (in years)	2 years
Estimated settlement costs		$ 8,400,000

Restructuring and Exit Activi_3

Restructuring and Exit Activity Costs - Narrative (Details) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended	6 Months Ended	12 Months Ended
	Jul. 31, 2022	Jun. 30, 2022	Jun. 30, 2022	Dec. 31, 2020	Dec. 31, 2021
Restructuring Cost and Reserve [Line Items]
Exit fee		$ 1,670	$ 1,670
Purchase of inventory		44,608	44,608		$ 42,653
Inventories
Restructuring Cost and Reserve [Line Items]
Purchase of inventory		$ 8,892	$ 8,892
Subsequent Event
Restructuring Cost and Reserve [Line Items]
Exit fee	$ 1,670
Payments for inventory	17,060
Subsequent Event | Inventories
Restructuring Cost and Reserve [Line Items]
Purchase commitment, amount	23,913
Payments for inventory	17,060
Subsequent Event | Capital Addition Purchase Commitments
Restructuring Cost and Reserve [Line Items]
Purchase commitment, amount	$ 369
Facility closing costs | 2020 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Reduction of workforce, percentage				20%

Restructuring and Exit Activi_4

Restructuring and Exit Activity Costs - Restructuring Cost (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended	18 Months Ended
	Jun. 30, 2021	Dec. 31, 2020	Jun. 30, 2021
Restructuring Cost and Reserve [Line Items]
Costs incurred	$ 1,121	$ 20,052	$ 21,173
Severance, termination benefits and other employee costs
Restructuring Cost and Reserve [Line Items]
Costs incurred	660	12,914	13,574
Facility closing costs
Restructuring Cost and Reserve [Line Items]
Costs incurred	640	6,470	7,110
Other costs
Restructuring Cost and Reserve [Line Items]
Costs incurred	$ (179)	$ 668	$ 489

Restructuring and Exit Activi_5

Restructuring and Exit Activity Costs - Restructuring Reserve Activity (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2021 USD ($)
Restructuring Reserve [Roll Forward]
Restructuring reserve, beginning balance	$ 7,173
Costs incurred	1,121
Cost paid	(8,408)
Non-cash adjustments	611
Restructuring reserve, ending balance	497
Severance, termination benefits and other employee costs
Restructuring Reserve [Roll Forward]
Restructuring reserve, beginning balance	7,173
Costs incurred	660
Cost paid	(7,768)
Non-cash adjustments	0
Restructuring reserve, ending balance	65
Facility closing costs
Restructuring Reserve [Roll Forward]
Restructuring reserve, beginning balance	0
Costs incurred	640
Cost paid	(640)
Non-cash adjustments	0
Restructuring reserve, ending balance	0
Other costs
Restructuring Reserve [Roll Forward]
Restructuring reserve, beginning balance	0
Costs incurred	(179)
Cost paid	0
Non-cash adjustments	611
Restructuring reserve, ending balance	$ 432

Stock-Based Compensation - Sche

Stock-Based Compensation - Schedule of Stock-based Compensation Expense (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Share-Based Payment Arrangement [Abstract]
Stock-based compensation expense	$ 7,403	$ 19,525	$ 20,061	$ 30,576
Tax benefit	$ 0	$ 0

Stock-Based Compensation - Narr

Stock-Based Compensation - Narrative (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	$ 7,403	$ 19,525	$ 20,061	$ 30,576
Volumetric Biotechnologies, Inc.
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	1,990		3,980
Incentive Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	$ 2,429	$ 8,520	$ 1,841	$ 12,413
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares)	357		3,163
Granted (in dollars per share)	$ 10.28		$ 14.35
Vesting period					3 years
Restricted Stock Awards and Restricted Stock Unit Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock compensation expense			$ 71,459
Restricted Stock Awards and Restricted Stock Unit Awards | Weighted Average
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period			2 years 7 months 6 days
Market Based Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares)	325
Granted (in dollars per share)			$ 28.71
Performance period	3 years

Stock-Based Compensation - Rest

Stock-Based Compensation - Restricted Stock Vesting (Details) - Restricted Stock Units (RSUs) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Vesting of restricted stock:
Fair value of shares vested	$ 45,489	$ 30,866
Tax benefit realized upon vesting	$ 0	$ 0
Number of shares vested (in shares)	3,028,000	1,133,000

Redeemable Noncontrolling int_3

Redeemable Noncontrolling interest (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Apr. 01, 2022
Redeemable Noncontrolling Interest Equity [Roll Forward]
Beginning balance	$ 0
Ending balance	2,149
Kumovis GmbH
Redeemable Noncontrolling Interest [Line Items]
Acquired ownership percentage			93.75%
Redeemable Noncontrolling Interest Equity [Roll Forward]
Beginning balance	0	$ 0
Fair value at the date of acquisition	2,418	0
Net Loss	(37)	0
Translation Adjustments	(232)	0
Ending balance	$ 2,149	$ 0

Subsequent Events (Details)

Subsequent Events (Details) - USD ($) $ in Thousands		1 Months Ended	3 Months Ended	6 Months Ended
	Aug. 08, 2022	Jul. 31, 2022	Jun. 30, 2022	Jun. 30, 2022	Dec. 31, 2021
Subsequent Event [Line Items]
Exit fee			$ 1,670	$ 1,670
Purchase of inventory			44,608	44,608	$ 42,653
Inventories
Subsequent Event [Line Items]
Purchase of inventory			$ 8,892	$ 8,892
Subsequent Event
Subsequent Event [Line Items]
Exit fee		$ 1,670
Payments for inventory		17,060
Subsequent Event | Dp polar GmbH
Subsequent Event [Line Items]
Total fair value of consideration transferred	$ 30
Payment in cash	$ 20
Subsequent Event | Inventories
Subsequent Event [Line Items]
Purchase commitment, amount		23,913
Payments for inventory		17,060
Subsequent Event | Capital Addition Purchase Commitments
Subsequent Event [Line Items]
Purchase commitment, amount		$ 369