Crocs Inc
For the period ended Sep 30, 2024. Filed Oct 29, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Oct 29, 2024
CROX$160.23+5.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
(in thousands, except share and par value amounts)
| September 30,2024 | December 31,2023 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $186,122 | $149,288 |
| Restricted cash - current | 2 | 2 |
| Accounts receivable, net of allowances of $33,634 and $27,591, respectively | 361,651 | 305,747 |
| Inventories | 367,191 | 385,054 |
| Income taxes receivable | 2,913 | 4,413 |
| Other receivables | 21,618 | 21,071 |
| Prepaid expenses and other assets | 50,923 | 45,129 |
| Total current assets | 990,420 | 910,704 |
| Property and equipment, net of accumulated depreciation of $146,957 and $120,510, respectively | 243,358 | 238,315 |
| Intangible assets, net of accumulated amortization of $155,943 and $138,611, respectively | 1,783,677 | 1,792,562 |
| Goodwill | 711,602 | 711,588 |
| Deferred tax assets, net | 659,861 | 667,972 |
| Restricted cash | 3,421 | 3,807 |
| Right-of-use assets | 303,758 | 287,440 |
| Other assets | 17,053 | 31,446 |
| Total assets | $4,713,150 | $4,643,834 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $240,891 | $260,978 |
| Accrued expenses and other liabilities | 277,982 | 285,771 |
| Income taxes payable | 106,753 | 65,952 |
| Current borrowings | — | 23,328 |
| Current operating lease liabilities | 66,900 | 62,267 |
| Total current liabilities | 692,526 | 698,296 |
| Deferred tax liabilities, net | 12,824 | 12,912 |
| Long-term income taxes payable | 572,362 | 565,171 |
| Long-term borrowings | 1,421,952 | 1,640,996 |
| Long-term operating lease liabilities | 285,155 | 269,769 |
| Other liabilities | 3,213 | 2,767 |
| Total liabilities | 2,988,032 | 3,189,911 |
| Commitments and contingencies | ||
| Stockholders’ equity: | ||
| Common stock, par value $0.001 per share, 250.0 million shares authorized, 110.4 million and 110.1 million issued, 58.5 million and 60.5 million outstanding, respectively | 110 | 110 |
| Treasury stock, at cost, 51.9 million and 49.6 million shares, respectively | (2,226,193) | (1,888,869) |
| Additional paid-in capital | 851,228 | 826,685 |
| Retained earnings | 3,192,927 | 2,611,765 |
| Accumulated other comprehensive loss | (92,954) | (95,768) |
| Total stockholders’ equity | 1,725,118 | 1,453,923 |
| Total liabilities and stockholders’ equity | $4,713,150 | $4,643,834 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.