Companies commonly supplement their reported earnings under U.S. generally accepted accounting principles (GAAP) with non-GAAP financial measures that they believe more accurately reflect their results or financial position or that are commonly used in their industry. The SEC permits companies to present non-GAAP financial measures in public disclosures as well as registration statements and periodic reports, subject to compliance with Regulation G and Item 10(e) of Regulation S-K. This disclosure guide provides practical guidance for the use of non-GAAP measures in compliance with SEC rules and guidance.

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