Third Quarter 2022 Earnings
Non-GAAP Reconciliations
(unaudited and in thousands)
Reconciliation of Net income to Adjusted EBITDA
Net (loss) income
Interest expense, net
Income tax expense (benefit)
Depreciation and amortization
Stock-based compensation
Write-off of long-lived assets and other
Severance, transformation and other exit costs
Transaction-related items
Adjusted EBITDA
cars.com
fuel
Three Months Ended September 30,
Nine Months Ended September 30,
2022
2021
2022
2021
$
(2,941) $
8,501
2,431
$
9,522
6,944
26,878
$
13.675
29,362
952
140
(830)
1,257
23,134
25.552
70,688
76,530
5,578
5,623
17,576
16,760
100
809
70
888
1,558
1,073
3,369
2,780
13,001
622
12.514
1,134
$
49,883
$
45,772
$
137.209
$
142,386
Reconciliation of Net cash provided by operating activities to Free cash flow
Net cash provided by operating activities
Purchase of property and equipment
Free cash flow
$
49,011
$
$
(5,844)
43,167
$
36,607
(4,784)
31,823
$
91,291
(14,399)
$
116,226
(17,879)
$
76,892
$
98,347
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