Third Quarter 2022 Earnings
Non-GAAP Reconciliations
(unaudited and in thousands)
cars.com
fuel
Reconciliation of Operating expenses to Adjusted operating expenses for the Three Months Ended September 30, 2022:
As Reported
(1)
Adjustments
Stock-Based
Compensation
As Adjusted
Cost of revenue and operations
Product and technology
Marketing and sales
S
28,828
S
S
(240)
S
28,588
21,425
(1,754)
19,671
53,615
(1,132)
52,483
General and administrative
Depreciation and amortization
17,694
(2,924)
(2,452)
12,318
23,134
23,134
Total operating expenses
Total nonoperating expense, net
(2)
S
144,696 S
(2,924) S
(5,578) S
136,194
S
(21,888)
S
13,360 S
$
(8,528)
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, 2021:
As Reported
Adjustments
(1)
Stock-Based
Compensation
As Adjusted
Cost of revenue and operations
Product and technology
Marketing and sales
S
28,928 S
S
(187) S
28,741
20,132
(1,323)
18,809
51,948
(1,374)
50,574
General and administrative
Depreciation and amortization
17,919
(2.458)
(2.739)
12,722
25,552
25,552
Total operating expenses
S
144,479
S
(2,458) S
(5,623) S
136,398
Total nonoperating expense, net
S
(9,503)
S
46
S
$
(9,457)
(1)
Includes severance, transformation and other exit costs, write-off of long-lived assets and other and transaction related costs.
SView entire presentation