Second Quarter 2022 Earnings
Non-GAAP Reconciliations
(unaudited and in thousands)
cars.com
fuel
S
Reconciliation of Operating expenses to Adjusted operating expenses for the Three Months Ended June 30, 2022:
Cost of revenue and operations
Product and technology
As Reported
$
(1)
Adjustments
Stock-Based
Compensation
As Adjusted
29,504
$
$
(324)
$
29,180
23,117
(2,092)
21,025
Marketing and sales
54,655
(1,467)
53,188
General and administrative
17,211
(2,027)
(2,698)
12,486
Depreciation and amortization
23,001
23,001
Total operating expenses
$
147,488 $
(2,027)
$
(6,581)
$
138,880
(1) Includes severance, transformation and other exit costs, transaction related items, and write-off of long-lived assets and other.
Reconciliation of Operating expenses to Adjusted operating expenses for the Three Months Ended June 30, 2021:
Cost of revenue and operations
As Reported
$
(1)
Adjustments
Stock-Based
Compensation
As Adjusted
28,219
$
$
(189)
$
28,030
Product and technology
19,434
(1,795)
17,639
Marketing and sales
51,309
(1,448)
49,861
General and administrative
15,615
(1,456)
(2,597)
11,562
Depreciation and amortization
25,298
25,298
Total operating expenses
$
139,875
$
(1,456)
$
(6,029)
$
132,390
(1) Includes severance, transformation and other exit costs, transaction related costs, and write-off of long-lived assets and other.View entire presentation