Crocs Inc
For the period ended Dec 31, 2024. Filed Feb 13, 2025.
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FY2024 · Filed Feb 13, 2025
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Item 2. Properties
Our principal executive and administrative offices are located at 500 Eldorado Blvd., Building 5, Broomfield, CO 80021. We lease all of our domestic and international facilities. We currently enter into short-term and long-term leases for office, warehouse, and retail, including kiosk and store-in-store, space. The terms of our leases include fixed monthly rents and/or contingent rents based on percentage of revenues for certain of our retail locations and expire at various dates through the year 2034. The general location, use, and approximate size of our principal properties, as well as the reportable operating segment that utilizes each property, are given below.
| Location | Reportable Operating Segment(s) | Use | Approximate Square Feet |
|---|---|---|---|
| Dayton, Ohio | Crocs Brand | Distribution center | 1,322,000 |
| Las Vegas, Nevada | HEYDUDE Brand | Distribution center | 1,044,000 |
| Dordrecht, the Netherlands | Crocs Brand, HEYDUDE Brand | Distribution center | 517,000 |
| Broomfield, Colorado | Crocs Brand, HEYDUDE Brand | Regional office and Crocs Brand headquarters | 190,000 |
| Westwood, Massachusetts | Crocs Brand, HEYDUDE Brand | Regional office and HEYDUDE Brand headquarters | 70,000 |
| Hoofddorp, the Netherlands | Crocs Brand, HEYDUDE Brand | Regional office | 47,000 |
| Singapore | Crocs Brand | Regional office | 24,000 |
We believe these properties, particularly our distribution centers and warehouses, along with various third-party distribution centers not included above, are adequate for our operations. Aside from the principal properties listed above, we lease various other offices and distribution centers worldwide to meet our sales and operational needs. We also lease 442 retail locations worldwide as of December 31, 2024. See Item 1. Business of this Annual Report on Form 10-K for further discussion regarding global company-operated stores.
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