Crocs Investor Presentation Deck
NON-GAAP RECONCILIATION
Non-GAAP cost of sales, gross profit, and gross margin reconciliation:
GAAP revenues
GAAP cost of sales
New distribution centers (1)
COVID-19 inventory write-off (2)
Total adjustments
Non-GAAP cost of sales $
GAAP gross profit
GAAP gross margin
Non-GAAP gross profit
Non-GAAP gross margin
crocs™
Three Months Ended June 30,
2021
2020
640,773
245,592
(1,115)
(1,115)
244,477 $
395,181 $
61.7%
396,296
61.8 %
(in thousands)
331,549
151,616
(812)
(2,396)
(3,208)
148,408 $
179,933 $
54.3 %
Six Months Ended June 30,
2021
2020
183,141 $
55.2 %
1,100,871 $
452,471
(2,100)
(2,100)
450,371 $
648,400 $
58.9%
650,500 $
59.1%
612,709
298,614
(1,739)
(2,396)
(4,135)
294,479
314,095
51.3 %
318,230
51.9%
(1) Represents expenses, including expansion costs, related to our distribution centers in Dayton, Ohio and Dordrecht, the Netherlands.
(2) Represents an inventory write-off in our Asia Pacific segment associated with the impact of COVID-19.
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