Crocs Inc
For the period ended Aug 1, 2024. Filed Aug 1, 2024.
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A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.
Aug 1, 2024 · Filed Aug 1, 2024
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CROX$151.86-0.7%Stored close · as of Nov 6, 2026
Contents
EX-99.1 · (in thousands, except per share data)
(in thousands, except per share data)
| Three Months Ended June 30, | Six Months Ended June 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Revenues | $1,111,502 | $1,072,367 | $2,050,135 | $1,956,533 |
| Cost of sales | 429,586 | 451,060 | 846,142 | 858,856 |
| Gross profit | 681,916 | 621,307 | 1,203,993 | 1,097,677 |
| Selling, general and administrative expenses | 356,178 | 302,818 | 651,826 | 544,260 |
| Income from operations | 325,738 | 318,489 | 552,167 | 553,417 |
| Foreign currency gains (losses), net | (1,323) | 551 | (3,596) | 148 |
| Interest income | 1,126 | 548 | 1,542 | 719 |
| Interest expense | (29,161) | (43,063) | (59,724) | (85,700) |
| Other income, net | 45 | 717 | 65 | 424 |
| Income before income taxes | 296,425 | 277,242 | 490,454 | 469,008 |
| Income tax expense | 67,518 | 64,830 | 109,093 | 107,053 |
| Net income | $228,907 | $212,412 | $381,361 | $361,955 |
| Net income per common share: | ||||
| Basic | $3.79 | $3.42 | $6.31 | $5.84 |
| Diluted | $3.77 | $3.39 | $6.26 | $5.78 |
| Weighted average common shares outstanding: | ||||
| Basic | 60,320 | 62,037 | 60,442 | 61,937 |
| Diluted | 60,766 | 62,603 | 60,910 | 62,616 |
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