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.
28View entire presentation