Unaudited Quarterly Consolidated Financial Information

12 Months Ended

Dec. 31, 2015

Unaudited Quarterly Consolidated Financial Information [Abstract]

Unaudited Quarterly Consolidated Financial Information

20. UNAUDITED QUARTERLY CONSOLIDATED FINANCIAL INFORMATION

	For the Quarter Ended
	March 31, 2015		June 30, 2015		September 30, 2015		December 31, 2015
	(in thousands, except per share data)
Revenues	$	262,193	$	345,671	$	274,088	$	208,678
Gross profit	$	127,370	$	189,870	$	120,821	$	72,744
Restructuring	$	3,663	$	2,810	$	981	$	1,274
Asset impairment charges	$	-	$	2,075	$	5,460	$	7,771
Income (loss) from operations	$	(2,362)	$	16,349	$	(20,730)	$	(65,581)
Net income (loss)	$	(2,425)	$	13,426	$	(24,024)	$	(70,173)
Net income (loss) attributable to common shareholders	$	(5,979)	$	9,690	$	(27,776)	$	(73,942)
Basic income (loss) per common share	$	(0.08)	$	0.11	$	(0.37)	$	(1.01)
Diluted income (loss) per common share	$	(0.08)	$	0.11	$	(0.37)	$	(1.01)

	For the Quarter Ended
	March 31, 2014		June 30, 2014		September 30, 2014		December 31, 2014
	(in thousands, except per share data)
Revenues	$	312,429	$	376,920	$	302,401	$	206,473
Gross profit	$	156,227	$	202,571	$	155,017	$	76,530
Restructuring	$	2,250	$	4,060	$	7,585	$	6,637
Asset impairment charges	$	-	$	3,230	$	2,600	$	2,997
Income (loss) from operations	$	16,822	$	41,911	$	1,113	$	(64,572)
Net income (loss)	$	9,124	$	23,277	$	15,767	$	(53,094)
Net income (loss) attributable to common shareholders	$	6,373	$	19,523	$	12,009	$	(56,867)
Basic income (loss) per common share	$	0.06	$	0.19	$	0.12	$	(0.70)
Diluted income (loss) per common share	$	0.06	$	0.19	$	0.12	$	(0.70)

During the three months ended December 31, 2014, Crocs recorded the following charges that affect the comparability of information between periods:

· Inventory write-down charges of $10.0 million related to obsolete inventory including raw materials, footwear, and accessories. See Note 4 – Inventories for further discussions regarding these charges.