Crocs Results Presentation Deck slide image

Crocs Results Presentation Deck

Cr CS cr OCS CI OC APPENDIX 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 SA $ Three Months Ended March 31, 2021 2022 (in thousands) 660,148 $ 118,677 30,918 25,868 175,463 18.0 % 26.6 % 460,098 124,686 985 125,671 27.1 % 27.3 % (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. 26 AC 5 E 12 d 40 24 JC 76
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