Crocs, Inc. (CROX) [Rocket]

In millions, except per share items	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15	Dec-31-14
	10-K	10-K	10-K	10-K	10-K	10-K	10-K/A	10-K
Revenues:
Americas	1,607.0	863.6	640.5	520.2	480.1		476.2	489.9
Asia Pacific	350.2	278.5	348.1	344.6	336.1		424.5	473.9
Other Businesses	0.1	0.2	0.1	3.1	0.9		1.1	0.8
Europe							188.8	233.6
Other	356.2	243.7	241.9	220.3	206.4
Total revenues [+]	2,313.4	1,386.0	1,230.6	1,088.2	1,023.5	-0.1	1,090.6	1,198.2
Net interest income	-21.6	-6.7	-8.6	-1.0	-0.9	-0.8	-1.0	-0.8
Net investment income	0.8	0.2	0.6	1.3	0.9	0.7	1.0	1.7
Revenue growth [+]	66.9%	12.6%	13.1%	6.3%	-710872.9%	-100.0%	-9.0%	0.5%
Americas	86.1%	34.8%	23.1%	8.3%			-2.8%	-1.7%
Asia Pacific	25.7%	-20.0%	1.0%	2.5%			-10.4%	-0.8%
Other Businesses	-46.6%	181.0%	-98.2%	261.5%			38.0%	212.6%
Europe							-19.2%	8.0%
Cost of goods sold [+]	893.2	636.0	613.5	528.1	506.3	-536.1	579.8	607.9
Cost of product sales								603.9
Non-recurring costs								4.0
Gross profit	1,420.2	749.9	617.1	560.2	517.2	536.0	510.8	590.3
Gross margin	61.4%	54.1%	50.1%	51.5%	50.5%	-372197.9%	46.8%	49.3%
Selling, general and administrative	737.2	514.8	488.4	495.0	494.6	503.2	567.8	565.7
Other operating expenses						35.8		-4.0
EBITDA [+]	715.0	262.8	152.9	94.4	55.8	31.0	-21.0	66.0
EBITDA growth	172.1%	71.9%	62.0%	69.3%	79.6%	-247.6%	-131.8%	-42.9%
EBITDA margin	30.9%	19.0%	12.4%	8.7%	5.4%	-21550.7%	-1.9%	5.5%
Depreciation	14.9	11.8	8.9	12.6	15.0	15.1	16.3	23.2
EBITA	700.1	251.0	144.0	81.8	40.7	16.0	-37.3	42.8
EBITA margin	30.3%	18.1%	11.7%	7.5%	4.0%	-11087.5%	-3.4%	3.6%
Amortization of intangibles	17.0	15.8	15.3	16.6	18.1	19.0	19.7	14.2
EBIT [+]	683.1	235.2	128.6	65.1	22.6	-3.0	-57.0	28.6
EBIT growth	190.4%	82.8%	97.5%	187.9%	-851.5%	-94.7%	-299.2%	-61.4%
EBIT margin	29.5%	17.0%	10.5%	6.0%	2.2%	2090.3%	-5.2%	2.4%
Non-recurring items [+]		21.1		2.2	5.3	3.1	15.3	33.3
Asset impairment		21.1		2.2	5.3	3.1	15.3	8.8
Non-recurring expenses in COGS								4.0
Other income (expense), net [+]	-19.2	-7.1	-9.3	2.2	0.8	-1.1	-2.4	-3.8
Gain (loss) on foreign currency transactions	-0.1	-1.1	-1.3	1.3	0.6	-2.5	-3.3	-4.9
Other	1.8	0.5	0.0	0.6	0.3	1.5	0.9	0.2
Pre-tax income	663.8	207.0	119.3	65.2	18.2	-7.2	-74.7	-8.5
Income taxes	-61.8	-105.9	-0.2	14.7	7.9	9.3	8.5	-3.6
Tax rate				22.6%	43.7%			42.4%
Net income	725.7	312.9	119.5	-69.2	-5.3	-31.7	-98.0	-19.0
Net margin	31.4%	22.6%	9.7%	-6.4%	-0.5%	22040.3%	-9.0%	-1.6%

Basic EPS [+]	$11.62	$4.64	$1.70	($1.01)	($0.07)	($0.43)	($1.30)	($0.22)
Growth	150.2%	173.4%	-267.9%	1280.7%	-83.1%	-66.6%	482.1%	-290.4%
Diluted EPS [+]	$11.39	$4.56	$1.66	($1.01)	($0.07)	($0.43)	($1.30)	($0.22)
Growth	149.5%	174.1%	-264.6%	1280.7%	-83.1%	-66.6%	482.1%	-290.4%

Shares outstanding (basic) [+]	62.5	67.4	70.4	68.4	72.3	73.4	75.6	85.1
Growth	-7.3%	-4.2%	2.8%	-5.3%	-1.5%	-3.0%	-11.2%	-4.4%
Shares outstanding (diluted) [+]	63.7	68.5	71.8	68.4	72.3	73.4	75.6	85.1
Growth	-7.0%	-4.5%	4.9%	-5.3%	-1.5%	-3.0%	-11.2%	-4.4%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.