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      "text": "(a) Includes true-ups to share-based compensation expense compared to prior periods. We have certain outstanding share-based awards with performance-based vesting conditions that require the achievement of certain Adjusted EBITDA and/or Net Sales targets as a condition of vesting. At each reporting period, we reassess the probability of achieving the performance criteria and the performance period required to meet those targets. When the probability of achieving such performance conditions changes, the compensation cost previously recorded is adjusted as needed. When such performance conditions are deemed to be improbable of achievement, the compensation cost previously recorded is reversed.\n(b) Represents costs associated with the implementation of an ERP system.\n(c) Represents fees associated with the Capped Call Transactions.\n(d) Represents advisory fees related to activism engagement.\n(e) Represents a true-up to transition costs related to the organization changes designed to support growth, including several changes in organizational structure designed to enhance capabilities and support long-term growth objectives.",
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      "text": "SG&A expenses\nDepreciation and amortization expense\nNon-cash share-based compensation (a)\nLoss on disposal of equipment\nEnterprise Resource Planning (b)\nCapped Call Transactions fees (c)\nActivism engagement (d)\nOrganization changes (e)\nAdjusted SG&A Expenses\nAdjusted SG&A Expenses as a % of Net Sales",
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      "text": "Freshpet, Inc. and Subsidiaries Reconciliation between SG&A Expenses and Adjusted SG&A Expenses",
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