Crocs Results Presentation Deck
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APPENDIX
NON-GAAP RECONCILIATION (CONT'D)
Non-GAAP Income from Operations and Operating Margin Reconciliation:
Three Months Ended June 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
964,581
247,964
35,137
7,513
290,614 $
25.7 %
30.1 %
(in thousands)
640,773 $
195,322
1,115
196,437
30.5%
30.7 %
$
Six Months Ended June 30,
2022
2021
1,624,729
366,641
66,055
33,381
466,077
22.6 %
28.7 %
$
1,100,871
320,008
2,100
322,108
29.1 %
29.3 %
(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.
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