Operating Segments & Geographic Information (Tables)

12 Months Ended

Dec. 31, 2015

Operating Segments & Geographic Information [Abstract]



	Year Ended December 31,
	2015			2014			2013

	(in thousands)
Revenues:
Americas	$	476,210		$	489,915		$	498,552
Asia Pacific		424,491			473,910			477,615
Europe		188,833			233,604			216,259
Total segment revenues		1,089,534			1,197,429			1,192,426
Other businesses		1,096			794			254
Total consolidated revenues	$	1,090,630		$	1,198,223		$	1,192,680

Operating income:
Americas	$	49,422	(1)	$	48,347	(1)	$	61,894	(1)
Asia Pacific		48,447	(2)		75,135	(2)		118,253	(2)
Europe		15,629	(3)		24,517	(3)		16,192	(3)
Total segment operating income		113,498			147,999			196,339

Reconciliation of total segment operating income to income before income taxes:
Other businesses		(30,092)			(19,400)			(20,811)
Intersegment eliminations		-			(1,498)			61
Unallocated corporate and other (4)		(155,730)			(131,827)			(112,494)
Total consolidated operating income (loss)		(72,324)			(4,726)			63,095
Foreign currency transaction loss, net		(3,332)			(4,885)			(4,678)
Interest income		967			1,664			2,432
Interest expense		(969)			(806)			(1,016)
Other income (expense), net		914			204			126
Income (loss) before income taxes	$	(74,744)		$	(8,549)		$	59,959

Depreciation and amortization:
Americas	$	7,401		$	11,670		$	10,384
Asia Pacific		3,913			6,724			6,486
Europe		2,229			3,761			5,108
Total segment depreciation and amortization		13,543			22,155			21,978
Other businesses		7,634			5,900			8,002
Unallocated corporate and other (4)		14,816			9,358			11,526
Total consolidated depreciation and amortization	$	35,993		$	37,413		$	41,506

(1)

Includes $7.2 million, $4.0 million, and $3.9 million for the years ended December 31, 2015, 2014, and 2013, respectively, of asset impairment charges related to 27, 36, and 23 underperforming retail locations, respectively.

(2)

Includes $0.7 million, $2.8 million, and $0.2 million for the years ended December 31, 2015, 2014, and 2013, respectively, of asset impairment charges related to 27, 14, and two underperforming retail locations, respectively. Additionally in the year ended December 31, 2015, Crocs recorded $5.8 million in impairment charges related to South Africa assets, pertaining to 9 retail locations, classified as available for sale.

(3)

Includes $1.6 million, $2.0 million, and $6.6 million for the years ended December 31, 2015, 2014, and 2013 of asset impairment charges related to 21, 27, and 35 underperforming retail locations.

(4)

Includes a corporate component consisting primarily of corporate support and administrative functions, costs associated with share-based compensation, research and development, brand marketing, legal, restructuring, depreciation and amortization of corporate and other assets not allocated to operating segments and costs of the same nature related to certain corporate holding companies.

Schedule of Segment Balance Sheet



	December 31,
	2015		2014

	(in thousands)
Assets (1):
Americas	$	148,104	$	127,077
Asia Pacific		169,865		200,910
Europe		46,137		166,285
Total segment current assets		364,106		494,272
Supply Chain		14,778		18,132
Corporate (2)		16,265		27,337
Deferred tax assets, net		-		4,190
Income tax receivable		10,233		9,332
Other receivables		14,233		11,989
Prepaid expenses and other current assets		26,334		30,156
Total current assets		445,949		595,408
Property and Equipment, net		49,490		68,288
Intangible assets, net		82,297		97,337
Goodwill		1,973		2,044
Deferred tax assets, net		6,608		17,886
Other assets		21,703		25,968
Total consolidated assets	$	608,020	$	806,931

(1)

Assets by segment include cash and equivalents, net accounts receivable, and inventory.

(2)

Corporate assets primarily consist of cash and equivalents.

Schedule of Geographical Revenue



	Year Ended December 31,
	2015		2014		2013

	(in thousands)
Location
United States	$	392,463	$	435,154	$	401,948
International (1)		698,167		763,069		790,732
Total revenues	$	1,090,630	$	1,198,223	$	1,192,680

(1)

Not more than 10% of international revenue was derived in any individual international country.

Schedule of Geographical Long-Lived Assets



	December 31,
	2015		2014

	(in thousands)
Location
United States	$	32,954	$	45,046
International		16,536		23,242
Total long-lived assets (1)	$	49,490	$	68,288

(1)

Not more than 10% of long-lived assets resided in any individual foreign country in 2015 or 2014.