Investor Relations
CARS COMMERCE
Non-GAAP
Reconciliations
(unaudited and in thousands)
Reconciliation of Operating expenses to Adjusted operating expenses for the Nine Months Ended September 30, 2023:
As Adjusted
Cost of revenue and operations
Product and technology
Marketing and sales
General and administrative
Depreciation and amortization
Total operating expenses
Total nonoperating expense, net
$
As Reported
91,287
Adjustments (¹)
Stock-Based
Compensation
$
$
(1,175) $
74,354
(6,842)
90,112
67,512
176,636
(4,512)
53,738
(4,794)
(9,754)
172,124
39,190
$
74,381
470,396
$
(4,794)
$
(22.283)
$
74,381
443,319
$
(22,967)
$
(1,280) $
$
(24,247)
Includes transaction related items, severance, transformation and other exit costs, and write-off of long-lived assets and other.
Reconciliation of Operating expenses to Adjusted operating expenses for the Nine Months Ended September 30, 2022:
As Reported
Adjustments (1)
Stock-Based
Compensation
As Adjusted
Cost of revenue and operations
$
86,084
$
$
(759)
85,325
Product and technology
65,849
(5,086)
60,763
Marketing and sales
165,364
(3,904)
161,460
General and administrative
51,465
(6,570)
(7,827)
37,068
Depreciation and amortization
Total operating expenses
$
70,688
439,450
70.688
$
(6,570)
$
(17,576) $
415,304
Total nonoperating expense, net
$
(40,111)
$
13,175
$
$
(26,936)
Includes transaction related items, severance, transformation and other exit costs, and write-off of long-lived assets and other.
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