CROCS, INC. CROX Income Statement

Crocs, inc. (CROX)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Revenues
281,160	262,979	312,766	358,899	295,949	215,989	261,064	328,004	283,148	199,112	243,273	313,221	267,907	187,417	245,888	323,828	279,140	208,678	274,088	345,671	262,193	206,473	302,401	376,920	312,429	228,673	288,524	363,827	311,656	224,992	295,569	330,942	271,798	203,713	274,897	295,585	226,708	215,605	228,046
Cost of sales
146,998	136,741	148,942	169,520	158,334	116,167	122,005	146,604	143,275	108,745	119,810	143,414	134,323	108,693	123,454	154,188	149,774	135,934	153,267	155,801	134,823	128,570	146,801	172,320	156,202	125,772	134,943	162,960	145,807	118,642	134,826	134,857	126,999	103,902	127,722	125,367	107,502	96,797	96,127
Restructuring charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	583	2,029	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gross profit
134,162	126,238	163,824	189,379	137,615	99,822	139,059	181,400	139,873	90,367	123,463	169,807	133,584	78,724	122,434	169,640	129,366	72,744	120,821	189,870	127,370	76,530	155,017	202,571	156,227	102,901	153,581	200,867	165,849	106,350	160,743	196,085	144,799	99,811	147,175	170,218	119,206	118,808	131,919
Selling, general and administrative expenses
113,350	117,882	123,940	141,548	105,037	111,577	125,164	144,336	113,951	115,460	120,778	140,361	118,002	115,367	123,649	149,035	115,123	138,008	135,110	168,636	126,069	131,468	143,719	153,370	137,155	135,035	135,674	150,246	128,199	110,656	120,729	124,718	104,290	96,031	111,672	108,486	88,614	92,192	94,047
Restructuring charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	981	2,810	3,663	6,637	7,585	4,060	2,250	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Asset impairments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,460	2,075	-	-	2,600	3,230	-	-	-	202	-	591	0	106	713	1	495	0	32	-	-
Charitable contributions expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	997	78	275
Income from operations
20,812	8,356	39,884	47,831	32,578	-13,937	13,895	37,064	25,922	-30,377	2,685	29,446	15,582	-39,787	-1,215	20,605	14,243	-65,581	-20,730	16,349	-2,362	-64,572	1,113	41,911	16,822	-42,881	17,907	50,419	37,650	-4,897	40,014	71,261	39,796	4,776	35,008	61,732	29,563	27,446	38,726
Foreign currency losses, net
-231	-430	585	-261	-1,217	-269	233	283	1,071	382	-257	162	276	-886	1,379	-1,700	-1,247	-701	-2,908	-217	494	-607	-1,290	-220	-2,768	-221	-1,043	-814	-2,600	170	-21	1,627	-4,276	5,993	-2,358	2,623	-1,372	908	1,129
Interest income
97	108	167	131	195	434	422	146	279	294	269	157	150	134	178	164	216	215	268	196	288	360	424	403	477	756	853	517	306	-	151	549	-	-	-	-	-	-	-
Interest expense
1,921	1,893	2,505	2,421	1,817	584	126	132	113	330	167	188	184	175	184	234	243	319	171	260	219	121	366	128	191	497	44	266	209	281	377	132	47	220	204	241	188	153	163
Gain on charitable contributions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	257	19	32
Other income, net
21	79	-34	-604	590	340	160	16	53	93	54	9	124	1,647	-1	-189	82	920	405	-80	-331	-184	217	30	141	306	-13	-195	28	-33	-71	520	598	563	-335	664	-271	-137	291
Income before income taxes
18,778	6,220	38,097	44,676	30,329	-14,016	14,584	37,377	27,212	-29,938	2,584	29,586	15,948	-39,067	157	18,646	13,051	-65,478	-23,136	16,000	-2,130	-65,124	98	41,996	14,481	-42,537	17,660	49,661	35,175	-4,044	39,696	73,825	36,071	7,096	36,827	64,778	27,989	27,175	38,886
Income tax expense
7,687	-13,693	2,421	5,478	5,619	-3,130	4,092	3,000	10,758	-5,578	955	7,627	4,938	1,577	1,690	3,109	2,905	4,707	888	2,562	295	-12,030	-15,669	18,719	5,357	24,396	4,624	14,305	6,214	-437	-5,384	12,301	7,725	1,525	6,620	9,272	6,485	2,179	6,602
Net income
11,091	19,913	35,676	39,198	24,710	-10,886	10,492	34,377	16,454	-24,360	1,629	21,959	11,010	-40,644	-1,533	15,537	10,146	-70,173	-24,024	13,426	-2,425	-53,094	15,767	23,277	9,124	-66,933	13,036	35,356	28,961	-3,607	45,080	61,524	28,346	5,571	30,207	55,506	21,504	24,996	32,284
Dividends on Series A convertible preferred stock
-	-	0	0	-	99,224	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	2,833	3,068	3,067	3,033	2,133	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividend equivalents on Series A convertible preferred shares related to redemption value accretion and beneficial conversion feature
-	-	0	0	-	8,575	972	951	931	912	892	873	855	838	819	802	785	769	752	736	721	705	691	721	618	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) attributable to common stockholders
-	-	35,676	39,198	-	-118,685	6,520	30,426	12,523	-28,272	-2,263	18,086	7,155	-44,482	-5,352	11,735	6,361	-73,942	-27,776	9,690	-5,979	-56,867	12,009	19,523	6,373	-66,933	13,036	35,356	28,961	-	-	-	-	-	-	-	-	-	-
Net income per common share:
Basic (in dollars per share)
0.16	0.29	0.52	0.55	0.34	-1.61	0.08	0.37	0.15	-0.33	-0.03	0.21	0.08	-0.56	-0.07	0.13	0.07	-0.96	-0.37	0.11	-0.08	-0.59	0.12	0.19	0.06	-0.76	0.15	0.40	0.33	-0.04	0.50	0.68	0.32	0.07	0.34	0.62	0.24	0.29	0.38
Diluted (in dollars per share)
0.16	0.27	0.51	0.55	0.33	-1.58	0.07	0.35	0.15	-0.32	-0.03	0.20	0.08	-0.56	-0.07	0.13	0.07	-0.96	-0.37	0.11	-0.08	-0.59	0.12	0.19	0.06	-0.76	0.15	0.40	0.33	-0.04	0.49	0.68	0.31	0.06	0.33	0.61	0.24	0.28	0.37
Weighted average common shares outstanding:
Basic (in shares)
67,931	68,386	69,097	70,936	73,009	69,005	67,821	68,153	68,705	69,362	71,895	73,953	73,810	-	73,493	73,389	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted (in shares)
69,218	70,118	70,176	71,915	74,875	57,775	72,774	71,467	71,668	67,992	71,895	74,572	74,561	-	73,493	74,243	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-