Crocs Results Presentation Deck slide image

Crocs Results Presentation Deck

Cr CS cr CI OC APPENDIX NON-GAAP RECONCILIATION (CONT'D) Non-GAAP Income from Operations and Operating Margin Reconciliation: Three Months Ended September 30, 2022 2021 GAAP revenues GAAP income from operations Non-GAAP cost of sales adjustments (1) Non-GAAP selling, general and administrative expenses adjustments (2) Non-GAAP income from operations GAAP operating margin Non-GAAP operating margin 985,094 264,063 1,279 9,123 274,465 $ 26.8 % 27.9 % (in thousands) 625,919 $ 203,068 2,031 205,099 32.4% 32.8 % Nine Months Ended September 30, 2022 2021 $ 2,609,823 630,704 67,334 42,504 740,542 24.2% 28.4 % $ 1,726,790 523,076 4,131 527,207 30.3 % 30.5 % (1) See 'Non-GAAP cost of sales, gross profit, and gross margin reconciliation' above for more details. (2) See 'Non-GAAP selling, general and administrative expenses and selling, general and administrative expenses as a percent of revenues reconciliation' above for more details. 28
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