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Current GAAP rules [foolishly] require deducting share-based compensation from profit. I say foolishly because the issuing of shares costs the company nothing ... it costs the shareholders by diluting their ownership. So, *everyone* backs out share-based compensation from non-GAAP earnings.

As for CAPEX, CAPEX is booked to Assets and depreciated, by *everybody*. It makes no sense to suddenly add it into current spending any more than it would make sense to exclude the annual depreciation from expenses.
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