Lyft Results Presentation Deck
GAAP to Non-GAAP Reconciliations (cont.)
($ in millions)
GAAP Total Costs and Expenses (excludes COR)
Amortization of intangible assets
Stock-based compensation expense
Payroll tax expense related to stock-based compensation
Sublease income²
Costs related to acquisitions and divestitures
Transaction costs rel. to certain legacy auto insurance liabilities
Restructuring charges
Non-GAAP Total Costs and Expenses (excludes COR)
GAAP Loss from Operations
Amortization of intangible assets
Stock-based compensation expense
Payroll tax expense related to stock-based compensation
Net amount from claims ceded under the Reinsurance
Agreement¹
Sublease income²
Costs related to acquisitions and divestitures
Transaction costs rel. to certain legacy auto insurance liabilities
Restructuring charges
Non-GAAP Loss from Operations
(1)
(2)
Note:
Fiscal 2021
Total
$ (2,641.2)
7.1
685.1
29.7
6.6
1.5
0.1
$ (1,911.1)
$ (1,135.2)
18.1
724.6
31.5
52.8
6.6
1.5
20.4
$ (279.7)
Q1
$ (634.6)
143.9
8.6
3.8
$ (476.5)
$ (199.3)
153.7
9.5
55.3
3.7
$25.9
Q2
$ (713.6)
3.3
166.5
2.3
3.9
1.4
$ (536.2)
$ (373.2)
4.5
176.6
2.5
(36.8)
3.8
1.4
$ (221.2)
Fiscal 2022
Q3
$ (773.5)
4.1
207.9
3.0
2.6
0.9
$ (555.0)
$ (290.4)
5.4
221.0
3.1
2.6
0.9
$ (57.5)
Q4
$ (996.6)
4.2
188.2
1.8
1.5
108.9
$ (692.0)
$ (596.0)
5.5
199.4
1.9
1.5
110.5
$ (277.2)
Total
$ (3,118.3)
13.5
706.6
15.7
11.6
2.3
108.9
$ (2,259.7)
$ (1,458.9)
18.4
750.8
17.0
18.5
11.6
2.3
110.5
$ (529.9)
Q1
$ (668.3)
3.3
169.6
5.8
1.3
23.1
$ (465.2)
$ (216.8)
4.5
180.4
6.2
1.3
24.2
$ (0.1)
Fiscal 2023
Q2
$ (572.8)
2.9
106.4
2.5
1.3
49.8
$ (409.9)
$ (158.5)
4.2
113.9
2.7
1.3
52.9
$16.5
Q3
$ (553.2)
2.8
93.0
1.8
1.2
$ (454.5)
Reflects the net amount recognized on the statement of operations associated with claims ceded under the Reinsurance agreement, including any losses related to the deferral of gains on the statement of operations and any benefit
from the amortization of the deferred gain in the same period. In the second quarter of 2022, we recorded a $36.8 million gain under cost of revenue on the condensed consolidated statement of operations related to a transaction
which effectively commuted and settled the Reinsurance Agreement.
For the GAAP income statement, sublease income is included as other income while the related lease rent expense is included in its respective operating expense line item. For non-GAAP purposes, sublease income is presented as a
contra-expense to the related lease rent expense.
Due to rounding, numbers presented may not add up precisely to the totals provided.
$ (40.2)
4.0
98.5
1.9
1.2
$ 65.5
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