Crocs Results Presentation Deck slide image

Crocs Results Presentation Deck

Cr CS cr OCS CI OC APPENDIX NON-GAAP RECONCILIATION (CONT'D) Non-GAAP Selling, General and Administrative Expenses Reconciliation: Three Months Ended March 31, 2022 2021 GAAP revenues GAAP selling, general and administrative expenses HEYDUDE acquisition-related costs (1) Bad debt impact in Russia (2) Total adjustments Non-GAAP selling, general and administrative expenses (3) GAAP selling, general and administrative expenses as a percent of revenues Non-GAAP selling, general and administrative expenses as a percent of revenues (in thousands) 660,148 $ 206,247 $ (20,601) (5,267) (25,868) 180,379 (1) Represents costs related to the Acquisition, including legal, professional, and transaction fees. (2) Represents bad debt expense associated with the impact of the war between Russia and Ukraine on wholesale partners in Russia. (3) Non-GAAP selling, general and administrative expenses are presented gross of tax. 31.2 % 27.3 % $ 460,098 128,533 128,533 27.9 % 27.9 % 25 AC 5 E 12 d 40 24 JC 76
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