Crocs Investor Presentation Deck
NON-GAAP RECONCILIATION (cont'd)
Non-GAAP income from operations and operating margin reconciliation:
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
Three Months Ended June 30,
2021
2020
640,773 $
195,322 $
1,115
196,437 $
30.5 %
30.7 %
(in thousands)
$
331,549
56,595
3,208
14,010
73,813
17.1 %
22.3%
crocs™ (1) See 'Non-GAAP cost of sales, gross profit, and gross margin reconciliation' above for more details.
$
Six Months Ended June 30,
2021
2020
1,100,871
320,008
2,100
322,108
29.1 %
29.3 %
$
612,709
77,407
4,135
18,623
100, 165
12.6 %
16.3 %
(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.
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