Crocs Investor Presentation Deck slide image

Crocs Investor Presentation Deck

cr CS cr OCS CI OC Cl APPENDIX NON-GAAP RECONCILIATION (CONT'D) Non-GAAP Selling, General and Administrative Expenses Reconciliation by Brand: GAAP Crocs Brand selling, general and administrative expenses as a percent of revenues Non-GAAP adjustments: Impact of shutdown of Russia direct operations (1) Non-GAAP Crocs Brand selling, general and administrative expenses as a percent of revenues GAAP HEYDUDE Brand selling, general and administrative expenses as a percent of revenues Non-GAAP adjustments: Other Non-GAAP HEYDUDE Brand selling, general and administrative expenses as a percent of revenues Three Months Ended December 31, 2021 2022 25.4 % (1.2)% 24.2 % Three Months Ended December 31, 2022 19.6 % (0.1) % 19.5 % 26.2 % - % 26.2% Year Ended December 31, 2022 2022 17.2 % - % 17.2 % Year Ended December 31, 24.3% (0.6)% 23.7% (1) Represents various costs associated with the continued shutdown of our direct operations in Russia, including the recognition of cumulative translation adjustments into earnings, severance, and lease exit costs and penalties. 2021 24.2% % 24.2 % 45
View entire presentation