GOODWILL AND INTANGIBLE ASSETS, NET (Tables)

9 Months Ended

Sep. 30, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The changes in goodwill for the nine months ended September 30, 2025, were:

	Goodwill
	Crocs Brand		HEYDUDE Brand		Total
	(in thousands)
Gross goodwill at December 31, 2024	$	2,226	$	710,034	$	712,260
Accumulated impairment	(769)		—		(769)
Net goodwill at December 31, 2024	1,457		710,034		711,491
Changes during the nine months ended September 30, 2025:
Foreign currency translation	197		—		197
Impairment	—		(307,000)		(307,000)
Gross goodwill at September 30, 2025	2,423		710,034		712,457
Accumulated impairment	(769)		(307,000)		(307,769)
Net goodwill at September 30, 2025	$	1,654	$	403,034	$	404,688

Schedule of Indefinite-Lived Intangible Assets

‘Intangible assets, net’ reported in the consolidated balance sheets consist of the following:

	September 30, 2025								December 31, 2024
	Gross		Accumulated Amortization		Accumulated Impairment		Net		Gross		Accumulated Amortization		Net
	(in thousands)
Intangible assets subject to amortization:
Capitalized software	$	146,658	$	(124,327)	$	—	$	22,331	$	139,569	$	(117,001)	$	22,568
Customer relationships	210,000		(50,750)		—		159,250		210,000		(40,250)		169,750
Patents, copyrights, and trademarks	9,545		(4,081)		—		5,464		4,916		(3,791)		1,125
Intangible assets not subject to amortization:
HEYDUDE trademark	1,570,000		—		(430,000)		1,140,000		1,570,000		—		1,570,000
In progress	2,813		—		—		2,813		12,644		—		12,644
Other	656		—		—		656		993		—		993
Total	$	1,939,672	$	(179,158)	$	(430,000)	$	1,330,514	$	1,938,122	$	(161,042)	$	1,777,080

Schedule of Finite-Lived Intangible Assets

‘Intangible assets, net’ reported in the consolidated balance sheets consist of the following:

	September 30, 2025								December 31, 2024
	Gross		Accumulated Amortization		Accumulated Impairment		Net		Gross		Accumulated Amortization		Net
	(in thousands)
Intangible assets subject to amortization:
Capitalized software	$	146,658	$	(124,327)	$	—	$	22,331	$	139,569	$	(117,001)	$	22,568
Customer relationships	210,000		(50,750)		—		159,250		210,000		(40,250)		169,750
Patents, copyrights, and trademarks	9,545		(4,081)		—		5,464		4,916		(3,791)		1,125
Intangible assets not subject to amortization:
HEYDUDE trademark	1,570,000		—		(430,000)		1,140,000		1,570,000		—		1,570,000
In progress	2,813		—		—		2,813		12,644		—		12,644
Other	656		—		—		656		993		—		993
Total	$	1,939,672	$	(179,158)	$	(430,000)	$	1,330,514	$	1,938,122	$	(161,042)	$	1,777,080