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  "documentTitle": "Olaplex | Results Presentation Deck | 22 slides",
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  "authorName": "Olaplex",
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      "text": "1. Represents costs incurred related to the payment to LIQWD, Inc. (\"LIQWD\"), a predecessor entity to the Company substantially all of whose assets and liabilities were purchased as part of the the acquisition of the Olaplex, LLC business in 2020 by certain investment funds affiliated with Advent International Corporation and other investors (the \"Acquisition\"), of certain amounts due in connection with the resolution of certain litigation and contingency matters involving LIQWD, which amounts were required to be paid pursuant to the purchase agreement for the Acquisition.\n2. Represents non-capitalizable professional fees and executive severance incurred in connection with the Company's initial public offering and the Company's public company transition.",
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      "text": "Adjusted SG&A($MM)\nFor the Quarter Ended June 30\n2022\n2021\nSG&A $ 26 $ 34\nNon-recurring litigation costs¹ - (14)\nShare-based compensation (2) (1)\nNon-capitalizable IPO and strategic transaction costs² - (2)\nAdjusted SG&A $ 24 $ 17",
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      "text": "Adjusted Net Income ($MM)\nFor the Quarter Ended June 30\n2022\n2021\nNet Income $ 88 $ 49\nAmortization of intangible assets (excluding software) 12 12\nNon-recurring litigation costs¹ - 14\nShare-based compensation 2 1\nNon-capitalizable IPO and strategic transaction costs² - 2\nTax effect of adjustments (3) (5)\nAdjusted net income $ 99 $ 73\nAdjusted net income per share:\nBasic $0.15 $0.11\nDiluted $0.14 $0.11",
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      "kind": "title",
      "text": "NON-GAAP RECONCILIATION",
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