Second Quarter 2022 Earnings
Non-GAAP Reconciliations
(unaudited and in thousands)
Reconciliation of Operating expenses to Adjusted operating expenses for the Six Months Ended June 30, 2022:
cars.com
fuel
S
Cost of revenue and operations
As Reported
$
(1)
Adjustments
Stock-Based
Compensation
As Adjusted
57,256
$
(519)
$
56,737
Product and technology
Marketing and sales
44,424
(3,332)
41,092
111,749
(2,772)
108,977
General and administrative
33,771
(3,443)
(5,375)
24,953
Depreciation and amortization
47,554
47,554
Total operating expenses
$
294,754
$
(3,443) $
(11,998)
$
279,313
(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 Six Months Ended June 30, 2021:
As Reported
(1)
Adjustments
Stock-Based
Compensation
As Adjusted
Cost of revenue and operations
$
56,050
$
(543) $
55,507
Product and technology
36,194
(3,076)
33,118
Marketing and sales
104,520
(2,761)
101,759
General and administrative
28,881
(2,218)
(4,757)
21,906
Depreciation and amortization
50,978
50,978
Total operating expenses
$
276,623
$
(2,218) $
(11,137)
$
263,268
(1)
Includes severance, transformation and other exit costs, transaction related costs, and write-off of long-lived assets and other.View entire presentation