Crocs Results Presentation Deck slide image

Crocs Results Presentation Deck

Cr CS cr OCS CI OC APPENDIX NON-GAAP RECONCILIATION (CONT'D) Non-GAAP Selling, General and Administrative Expenses Reconciliation: Three Months Ended June 30, 2022 2021 GAAP revenues GAAP selling, general and administrative expenses HEYDUDE acquisition-related costs (1) Impact of shutdown of Russia direct operations (2) Duplicate headquarters rent (3) Total adjustments Non-GAAP selling, general and administrative expenses (4) GAAP selling, general and administrative expenses as a percent of revenues Non-GAAP selling, general and administrative expenses as a percent of revenues SA $ 964,581 $ 249,769 (5,741) (570) (1,202) (7,513) 242,256 $ 25.9 % 25.1 % (in thousands) 640,773 199,859 199,859 31.2 % 31.2 % $ Six Months Ended June 30, 2022 2021 1,624,729 456,016 (26,342) (5,837) (1,202) (33,381) 422,635 (1) Represents costs related to the acquisition and integration of HEYDUDE, including legal, professional, consulting, and transaction fees. (2) Represents various costs associated with the continued shutdown of our direct operations in Russia, including severance and lease exit costs and penalties. (3) Represents duplicate rent costs associated with our upcoming move to a new headquarters. (4) Non-GAAP selling, general and administrative expenses are presented gross of tax. 28.1 % 26.0 % $ $ 1,100,871 328,392 328,392 29.8% 29.8 % 26
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