Crocs Investor Presentation Deck slide image

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. 24
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