Q3 2022 Investor Presentation slide image

Q3 2022 Investor Presentation

Cr CS cr CS CI OC C APPENDIX NON-GAAP RECONCILIATION (CONT'D) Non-GAAP Gross Margin Reconciliation by Brand: GAAP Crocs Brand gross margin Non-GAAP adjustments: Distribution centers (1) Inventory reserve in Russia (2) Non-GAAP Crocs Brand gross margin Three Months Ended September 30, 2022 2021 57.3 % 0.3% (0.1)% 57.5 % 63.9 % 0.3 % - % 64.2 % (1) Represents expenses, including expansion costs and duplicate rent costs, related to our distribution centers in Dayton, Ohio and Dordrecht, the Netherlands. (2) Represents the net impact of an inventory reserve expense in our EMEALA segment associated with the continued shutdown of our direct operations in Russia. 32
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