Investor Relations
CARS COMMERCE
Non-GAAP
Reconciliations
(unaudited and in thousands)
Reconciliation of Operating expenses to Adjusted operating expenses for the Three Months Ended September 30, 2023:
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
31,077
Adjustments
(1)
Stock-Based
Compensation
As Adjusted
$
$
(425)
$
30.652
25,297
(2,413)
22.884
60,186
(1,548)
58,638
17,785
(1,895)
(3,225)
12,665
25,670
25.670
$
160,015
$
(1,895)
$
(7,611) $
150,509
S
(11,679) $
3.902
$
$
(7,777)
(4) 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 Three Months Ended September 30, 2022:
As Reported
Adjustments (¹)
Stock-Based
Compensation
As Adjusted
Cost of revenue and operations
Product and technology
Marketing and sales
$
28,828
$
$
(240)
$
28.588
21.425
(1,754)
19,671
53.615
(1,132)
52.483
General and administrative
17,694
(2,924)
(2.452)
12.318
Depreciation and amortization
23,134
23.134
Total operating expenses
$
144,696
$
(2,924)
$
(5.578)
$
136.194
Total nonoperating expense, net
$
(21,888)
$
13.360
$
$
(8,528)
Includes transaction related items, severance, transformation and other exit costs, and write-off of long-lived assets and other.
28
28View entire presentation