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Organization & Summary Of Significant Accounting Policies (Policies)
12 Months Ended
Dec. 31, 2015
Organization & Summary Of Significant Accounting Policies [Abstract]  
Basis of Presentation

Basis of Presentation

 

The consolidated financial statements and accompanying notes have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”). The consolidated financial statements include the accounts of the Company’s wholly owned subsidiaries. 

 

In April 2011, Crocs and an unrelated third party formed Crocs Gulf, LLC (“Crocs Gulf”) for the purpose of selling the Company’s products in the United Arab Emirates. Crocs has acquired all voting and dividend rights associated with Crocs Gulf and has therefore determined that Crocs Gulf is a wholly owned subsidiary.    

Noncontrolling Interests

Noncontrolling Interests

 

As of December 31, 2015, all of the Company’s subsidiaries were, in substance, wholly owned.

Transactions with Affiliates

Transactions with Affiliates

 

The Company receives inventory count services from RGIS, a wholly owned subsidiary of Blackstone which currently owns all of the outstanding shares of Company’s Series A convertible preferred stock (“Series A preferred stock”), which is convertible into approximately 15.9% of the Company’s common stock. Crocs paid a total of $0.5 million to RGIS for services received during 2015.