In addition to reporting our earnings and capital measures in accordance with generally accepted accounting principles ("GAAP"), we also report certain non-GAAP measures of earnings (i.e., "cash" earnings) and certain non-GAAP measures of capital (i.e., "tangible" and "adjusted tangible" stockholders' equity and "tangible" assets and "adjusted tangible" assets).
In addition to using these non-GAAP measures in our analysis of our financial performance, we frequently refer to them in our earnings releases, conference calls, and investor presentations, and in the case of our non-GAAP capital measures, certain of our filings with the U.S. Securities and Exchange Commission (the "SEC").
To enable you to understand the differences between our GAAP and non-GAAP earnings and our GAAP and non-GAAP capital measures--and the reasons we believe that such non-GAAP measures are important--we encourage you to refer to the reconciliations of our most recently reported GAAP and cash earnings and GAAP and non-GAAP measures of capital.
