Crocs (CROX) 10-Q 7 Aug 15 2015 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2015	Jul. 27, 2015
Document And Entity Information[Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2015
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2,015
Entity Registrant Name	Crocs, Inc.
Entity Central Index Key	1,334,036
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Common stock outstanding		74,684,613
Trading Symbol	crox

Condensed Consolidated Statemen

Condensed Consolidated Statements Of Operations - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Condensed Consolidated Statements Of Operations [Abstract]
Revenues	$ 345,671	$ 376,920	$ 607,864	$ 689,349
Cost of sales	155,801	172,320	290,624	328,522
Restructuring charges (Note 6)		2,029		2,029
Gross profit	189,870	202,571	317,240	358,798
Selling, general and administrative expenses	168,636	153,370	294,705	290,525
Restructuring charges (Note 6)	2,810	4,060	6,473	6,310
Asset impairment charges (Note 2)	2,075	3,230	2,075	3,230
Income from operations	16,349	41,911	13,987	58,733
Foreign currency transaction gain (loss), net	(217)	(220)	277	(2,988)
Interest income	196	403	484	880
Interest expense	(260)	(128)	(479)	(319)
Other income (loss), net	(80)	30	(411)	171
Income before income taxes	15,988	41,996	13,858	56,477
Income tax expense	(2,562)	(18,719)	(2,857)	(24,076)
Net income	13,426	23,277	11,001	32,401
Dividends on Series A convertibles preferred shares (Note 13)	(3,000)	(3,033)	(5,833)	(5,166)
Dividend equivalents on Series A convertible preferred shares related to redemption value accretion and beneficial conversion feature (Note 13)	(736)	(721)	(1,457)	(1,339)
Net income attributable to common stockholders	$ 9,690	$ 19,523	$ 3,711	$ 25,896
Net income per common share (Note 12):
Basic	$ 0.11	$ 0.19	$ 0.04	$ 0.26
Diluted	$ 0.11	$ 0.19	$ 0.04	$ 0.25

Condensed Consolidated Stateme3

Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Condensed Consolidated Statements Of Comprehensive Income (Loss) [Abstract]
Net income	$ 13,426	$ 23,277	$ 11,001	$ 32,401
Other comprehensive income (loss):
Foreign currency translation gain (loss), net	6,297	221	(17,567)	(759)
Total comprehensive income (loss)	$ 19,723	$ 23,498	$ (6,566)	$ 31,642

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands		Jun. 30, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents		$ 197,279	$ 267,512
Accounts receivable, net of allowances of $42,694 and $32,392, respectively		172,762	101,217
Inventories (Note 3)		182,626	171,012
Deferred tax assets, net		3,951	4,190
Income tax receivable		15,443	9,332
Other receivables		12,069	11,989
Prepaid expenses and other current assets		33,308	30,156
Total current assets		617,438	595,408
Property and equipment, net (Note 2,7)		59,501	68,288
Intangible assets, net		90,336	97,337
Goodwill	[1]	2,227	2,044
Deferred tax assets, net		17,687	17,886
Other assets		23,259	25,968
Total assets		810,448	806,931
Current liabilities:
Accounts payable		84,510	42,923
Accrued expenses and other liabilities (Note 5)		98,206	80,216
Deferred tax liabilities, net		11,726	11,869
Accrued restructuring (Note 6)		3,719	4,511
Income taxes payable		10,389	9,078
Current portion of long-term borrowings and capital lease obligations		5,350	5,288
Total current liabilities		213,900	153,885
Long term income tax payable		4,172	8,843
Long-term borrowings and capital lease obligations		3,691	6,381
Long-term accrued restructuring (Note 6)		216	348
Other liabilities		11,209	12,277
Total liabilities		$ 233,188	$ 181,734
Commitments and contingencies (Note 14)
Series A convertible preferred stock, par value $0.001 per share, 1,000,000 shares authorized, 200,000 shares issued and outstanding, redemption amount and liquidation preference of $203,000 and $203,067 as of June 30, 2015 and December 31, 2014, respectively (Note 13)		$ 174,136	$ 172,679
Stockholders' equity:
Preferred stock, par value $0.001 per share, 4,000,000 shares authorized, none outstanding
Common stock, par value $0.001 per share, 250,000,000 shares authorized, 92,505,166 and 75,845,884 shares issued and outstanding, respectively, as of June 30, 2015 and 92,325,201 and 78,516,566 shares issued and outstanding, respectively, as of December 31, 2014		$ 93	$ 92
Treasury stock, at cost, 17,059,282 and 13,808,635 shares as of June 30, 2015 and December 31, 2014, respectively		(241,324)	(200,424)
Additional paid-in capital		351,094	345,732
Retained earnings		329,180	325,470
Accumulated other comprehensive loss		(35,919)	(18,352)
Total stockholders' equity		403,124	452,518
Total liabilities, commitments and contingencies and stockholders' equity		$ 810,448	$ 806,931
[1]	Change in goodwill relates entirely to foreign currency translation.

Condensed Consolidated Balance5

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Condensed Consolidated Balance Sheets [Abstract]
Allowances	$ 42,694	$ 32,392
Series A preferred shares, par value	$ 0.001	$ 0.001
Series A preferred shares, shares authorized	1,000,000	1,000,000
Series A preferred shares, issued	200,000	200,000
Series A preferred shares, outstanding	200,000	200,000
Series A preferred shares, redemption amount	$ 203,000	$ 203,067
Series A preferred shares, liquidation preference	$ 203,000	$ 203,067
Preferred shares, par value	$ 0.001	$ 0.001
Preferred shares, authorized	4,000,000	4,000,000
Preferred shares, outstanding	0	0
Common shares, par value	$ 0.001	$ 0.001
Common shares, authorized	250,000,000	250,000,000
Common shares, issued	92,505,166	92,325,201
Common shares, outstanding	75,845,884	78,516,566
Treasury stock, shares	17,059,282	13,808,635

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Cash flows from operating activities:
Net income	$ 11,001	$ 32,401
Adjustments to reconcile net income to net cash provided by operating activities
Depreciation and amortization	19,108	20,751
Unrealized gain on foreign exchange, net	(180)	(10,892)
Asset impairment charges	2,075	3,230
Provision for doubtful accounts, net	6,220	3,867
Share-based compensation	6,492	8,331
Inventory write-down charges		2,029
Other non-cash items	163	732
Changes in operating assets and liabilities:
Accounts receivable, net of allowances	(80,201)	(94,840)
Inventories	(15,862)	(30,769)
Prepaid expenses and other assets	(3,347)	(563)
Accounts payable	43,383	34,015
Accrued expenses and other liabilities	18,926	7,760
Accrued restructuring	(804)	3,839
Income taxes	(10,025)	3,130
Cash used in operating activities	(3,051)	(16,979)
Cash flows from investing activities:
Cash paid for purchases of property and equipment	(4,176)	(11,376)
Proceeds from disposal of property and equipment		43
Cash paid for intangible assets	(5,496)	(18,944)
Change in restricted cash	531	(788)
Cash used in investing activities	(9,141)	(31,065)
Cash flows from financing activities:
Proceeds from preferred stock offering, net of issuance costs of $0.0 million and $15.8 million, respectively		182,220
Dividends - Series A preferred stock	(5,900)	(2,134)
Repayment of bank borrowings and capital lease obligations	(2,630)	(2,372)
Deferred debt issuance costs	(57)
Issuances of common stock	959	1,209
Purchase of treasury stock	(42,727)	(47,005)
Repurchase of common stock for tax withholding	(261)	(787)
Cash provided by (used in) financing activities	(50,616)	131,131
Effect of exchange rate changes on cash	(7,425)	8,722
Net increase (decrease) in cash and cash equivalents	(70,233)	91,809
Cash and cash equivalents - beginning of period	267,512	317,144
Cash and cash equivalents - end of period	197,279	408,953
Supplemental disclosure of cash flow information-cash paid during the period for:
Interest, net of capitalized interest	479	204
Income taxes	13,371	23,174
Supplemental disclosure of non-cash investing and financing activities:
Accrued purchases of property and equipment	460	3,577
Accrued purchases of intangibles	78	8,667
Accrued dividends	3,000	3,033
Accretion of dividend equivalents	$ 1,457	$ 1,339

Condensed Consolidated Stateme7

Condensed Consolidated Statements of Cash Flows (Parenthetical) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Condensed Consolidated Statements Of Cash Flows [Abstract]
Series A preferred share issuance costs	$ 0	$ 15.8

Organization & Basis Of Present

Organization & Basis Of Presentation	6 Months Ended
	Jun. 30, 2015
Organization & Basis Of Presentation [Abstract]
Organization & Basis Of Presentation	1. ORGANIZATION & BASIS OF PRESENTATION Organization Crocs, Inc. and its subsidiaries (collectively the “Company,” “we,” “our” or “us”) are engaged in the design, development, manufacturing, marketing and distribution of footwear, apparel and accessories for men, women and children. Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) for interim financial information and with the rules and regulations of the Securities and Exchange Commission (“SEC”) for reporting on Form 10-Q. The condensed consolidated balance sheet as of December 31, 2014 was derived from the Company’s Annual Report on Form 10-K for the year ended December 31, 2014 (the “2014 Form 10-K”) but does not contain all information required for complete financial statements. The accompanying unaudited condensed consolidated financial statements and these notes thereto should be read in conjunction with the 2014 Form 10-K. In the opinion of management, these condensed consolidated financial statements reflect all adjustments (consisting solely of normal recurring matters) considered necessary for a fair statement of the results for the interim periods presented. The results of operations for any interim period are not necessarily indicative of results for the full year. Reclassifications Certain prior period amounts on the condensed consolidated financial statements have been reclassified to conform to current period presentation. We segregated certain restructuring charges recorded to selling, gen eral and administrative expense on the condensed consolidated statements of operations during the three and six months ended June 30, 2014 to the restructuring charges line item. These reclassifications had no effect on income from operations, current l iabilities or cash used in operating activities. Recently Issued Accounting Pronouncements Debt Issuance Costs In April 2015, the Financial Accounting Standards Board ("FASB") issued Accounting Sta ndards Update ("ASU") 2015-03: Simplifying the Presentation of Debt Issuance Costs, which requires that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. This ASU requires retrospective adoption and will be effective for us beginning in our first quarter of 2016. Early adoption is permitted. We do not expect that this pronouncement will have a material impact on our condensed consolidated financial statements. Share-Based Payments On June 19, 2014, the FASB issued ASU 2014-12 in response to the EITF consensus on Issue 13-D. The ASU clarifies that entities should treat performance targets that can be met after the requisite service period of a share-based payment award as performance conditions that affect vesting. Therefore, an entity would not record compensation expense related to an award for which transfer to the employee is contingent on the entity’s satisfaction of a performance target until it becomes probable that the performance target will be met. The ASU does not contain any new disclosure requirements. This ASU is effective for all entities for reporting periods (including interim periods) beginning after December 15, 2015. We do not expect that this pronouncement will have a material impact on our condensed consolidated financial statements. Revenue Recognition In May 2014, the FASB issued their final standard on revenue from contracts with customers. The standard, issued as ASU No. 2014-09: Revenue from Contracts with Customers (Topic 606) by the FASB, outlines a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers and supersedes most current revenue recognition guidance, including industry-specific guidance. The core principle of the revenue model is that “an entity recognizes revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services.” In applying the revenue model to contracts within its scope, an entity:  Identifies the contract(s) with a customer (Step 1)  Identifies the performance obligations in the contract (Step 2)  Determines the transaction price (Step 3)  Allocates the transaction price to the performance obligations in the contract (Step 4)  Recognizes revenue when (or as) the entity satisfies a performance obligation (Step 5) The ASU applies to all contracts with customers except those that are within the scope of other topics in the FASB Accounting Standards Codification. Certain of the ASU’s provisions also apply to transfers of nonfinancial assets, including in-substance nonfinancial assets that are not an output of an entity’s ordinary activities (e.g., sales of property, plant, and equipment, real estate or intangible assets). Existing accounting guidance applicable to these transfers has been amended or superseded. Compared with current GAAP, the ASU also requires significantly expanded disclosures about revenue recognition. On July 9, 2015, the FASB deferred the effective date to reporting periods (including interim periods) beginning after December 15, 2017. Early application is permitted for reporting periods (including interim periods) beginning after December 15, 2016. We are currently evaluating the impact that this pronouncement will have on our condensed consolidated financial statements. Inventory In July 2015, the FASB issued ASU No. 2015-11: Simplifying the Measurement of Inventory , which modifies existing requirements regarding measuring inventory at the lower of cost or market. Under existing standards, the market amount requires consideration of replacement cost, net realizable value (“NRV”), and NRV less an approximately normal profit margin. The new ASU replaces market with NRV, defined as estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal and transportation. This eliminates the need to determine and consider replacement cost or NRV less an approximately normal profit margin when measuring inventory. T his standard is effective prospectively beginning January 1, 2017, with early adoption permitted. The Company is currently assessing this ASU’s impacts on Crocs ’ consolidated results of operations and financial condition. Other new pronouncements issued but not effective until after June 30, 2015 are not expected to have a material impact on our financial position, results of operations or cash flows.

Summary Of Significant Accounti

Summary Of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2015
Summary Of Significant Accounting Policies [Abstract]
Summary Of Significant Accounting Policies	2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Earnings per Share Basic and diluted earnings per common share (“EPS”) is presented using the two-class method, which is an earnings allocation formula that determines earnings per share for common stock and any participating securities according to dividend rights and participation rights in undistributed earnings. Under the two-class method, EPS is computed by dividing the sum of distributed and undistributed earnings attributable to comm on stockholders by the weighted average number of shares of common stock outstanding during the period. A participating security is a security that may participate in undistributed earnings with common stock had those earnings been distributed in a ny form. Our Series A convertible preferred stock (“Series A preferred stock”) issued in 2014 represents participating securities as holders of the Series A preferred stock are entitled to receive any and all dividends declared or paid on common stock on an as-converted basis. In addition, shares of our non-vested restricted stock and restricted stock unit awards are considered participating securities as they represent unvested share-based payment awards containing non-forfeitable rights to dividends. As such, these participating securities must be included in the computation of EPS pursuant to the two-class method on a pro-rata, as-converted basis. Diluted EPS reflects the potential dilution from securities that could share in our earnings. In addition, the dilutive effect of each participating security is calculated using the more dilutive of the two-class method described above . This method assumes that the securities remain in their current form, or the if-converted method, which assumes conversion to common stock as of the beginning of the reporting date. Anti-dilutive securities are excluded from diluted EPS. See Note 1 2 —Earnings Per Share for further discussion. Asset Impairments We periodically evaluate all of our long-lived assets for impairment when events or circumstances would indicate the carrying value of a long-lived asset may not be fully recoverable. The following table summarizes retail asset impairment charges by reportable operating segment for the three and six months ended June 30, 2015 and 2014 related to certain underperforming stores that were unlikely to generate sufficient cash flows to fully recover the carrying value of the stores’ assets over the remaining economic life of those assets : Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Impairment Charge Number of Stores Impairment Charge Number of Stores Impairment Charge Number of Stores Impairment Charge Number of Stores (in thousands, except store count data) Americas $ $ $ $ Asia Pacific Europe Total asset impairment $ $ $ $ Depreciation During the three months ended June 30 , 2015 and 2014, we recorded $4.3 million and $6.3 million, respectively, in depreciation expense of which $0.4 million and $0.4 million, respectively, was recorded in ‘Cost of sales,’ with the remaining amounts recorded in ‘Selling, general and administrative expenses’ on the condensed consolidated statements of operations. During the six months ended June 30, 2015 and 2014, we recorded $9.0 million and $11.7 million, respectively, in depreciation expense of which $1.0 million and $0.9 million, respectively, was recorded in ‘Cost of sales,’ with the remaining amounts recorded in ‘Selling, general and administrative expenses’ on the condensed consolidated statements of operations. As of June 30, 2015 and December 31, 2014, accumulated depreciation was $1 09.9 million and $99.8 million, respectively .

Inventories

Inventories	6 Months Ended
	Jun. 30, 2015
Inventories [Abstract]
Inventories	3 . INVENTORIES The following table summarizes inventories by major classification as of June 30 , 2015 and December 31, 2014: June 30, December 31, 2015 2014 (in thousands) Finished goods $ $ Work-in-progress Raw materials Total inventories $ $

Goodwill & Intangible Assets

Goodwill & Intangible Assets	6 Months Ended
	Jun. 30, 2015
Goodwill & Intangible Assets [Abstract]
Goodwill & Intangible Assets	4. GOODWILL & INTANGIBLE ASSETS The following table summarizes the goodwill and identifiable intangible assets as of June 30, 2015 and December 31, 2014: June 30, 2015 December 31, 2014 Gross Carrying Amount Accumulated Amortization Net Carrying Amount Gross Carrying Amount Accumulated Amortization Net Carrying Amount (in thousands) Capitalized software $ (1) $ (2) $ $ (1) $ (2) $ Customer relationships - Patents, copyrights, and trademarks Core technology - - Other - Total finite lived intangible assets Indefinite lived intangible assets - - Goodwill (3) - - Goodwill and intangible assets $ $ $ $ $ $ (1) Includes $4.1 million of software held under a capital lease classified as capitalized software as of June 30, 2015 and December 31, 2014 , respectively . (2) Includes $2. 8 million and $2.5 million of accumulated amortization of software held under a capital lease as of June 30, 2015 and December 31, 2014, respectively, and is amortized using the straight-line method over the useful life. (3) Change in goodwill relates entirely to foreign currency translation. The following table summarizes estimated future annual amortization of intangible assets as of June 30, 2015: Amortization Fiscal years ending December 31, (in thousands) 2015 (remainder of year) $ 2016 2017 2018 2019 Thereafter Total $ During the three months ended June 30, 2015 and 2014, amortization expense recorded for intangible assets with finite lives was $5.1 million, of which $1.6 million and $1.8 million, respectively, was recorded in ‘Cost of sales,’ with the remaining amounts recorded in ‘Selling, general and administrative expenses’ on the condensed consolidated statements of operations. During the six months ended June 30, 2015 and 2014, amortization expense recorded for intangible assets with finite lives was $10.1 million and $9.1 million , respectively, of which $3.0 million and $3.1 million, respectively, was recorded in ‘Cost of sales,’ with the remaining amounts recorded in ‘Selling, general and administrative expenses’ on the condensed consolidated statements of operations. As of June 30, 2015 and December 31, 2014, accumulated amortization was $ 91.4 million and $78.1 million, respectively.

Accrued Expenses and Other Curr

Accrued Expenses and Other Current Liabilities	6 Months Ended
	Jun. 30, 2015
Accrued Expenses And Other Current Liabilities [Abstract]
Accrued Expenses And Other Current Liabilities	5 . ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES The following table summarizes accrued expenses and other current liabilities as of June 30 , 2015 and December 31, 2014: June 30, December 31, 2015 2014 (in thousands) Accrued compensation and benefits $ $ Professional services Fulfillment, freight and duties Sales/use and VAT tax payable Accrued rent and occupancy Deferred revenue and royalties payable Customer deposits Dividend payable Accrued legal liabilities Other (1) Total accrued expenses and other current liabilities $ $ (1) The amounts in ‘Other’ consist of various accrued expenses and no individual item accounted for more than 5% of the total balance as of June 30, 2015 or December 31, 2014 .

Restructuring Activities

Restructuring Activities	6 Months Ended
	Jun. 30, 2015
Restructuring Activities [Abstract]
Restructuring Activities	6 . RESTRUCTURING ACTIVITIES Restructuring On July 21, 2014, we announced strategic plans for long-term improvement and growth of the business. These plans comprise four key initiatives including (1) streamlining the global product and marketing portfolio, (2) reducing direct investment in smaller geographic markets, (3) creating a more efficient organizational structure by reducing excess overhead and enhancing the decision making process, and (4) closing or converting approximately 75 to 100 retail locations around the world. The initial effects of these plans were incurred in 2014 and are continuing throughout 2015. W e recorded restructuring charges of $ 2.8 million and $ 6.5 million and closed 7 and 16 stores, a s identified in the initial restructuring plan, during the three and six month periods ended June 30 , 2015, respectively . During 2015, we currently estimate restructuring costs related to store closures and changes in organizational structure of approximately $10 million to $15 million, but we can make no assurance that actual costs will not differ, as our restructuring plans are not yet complete. The following table summarizes our restructuring activity during the three and six months ended June 30 , 2015 and 2014: Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 (in thousands) Severance costs $ $ $ $ Lease / contract exit and related costs Other (1) Total restructuring charges $ $ $ $ (1) The amounts in ‘Other’ consist of various asset and inventory impairment charges prompted by the aforementioned restructuring plan, legal fees and facility maintenance fees. The following table summarizes our restructuring activity during the three and six months ended June 30 , 2015 and 2014 by reportable segment: Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 (in thousands) Americas $ - $ $ $ Asia Pacific Europe Corporate Total restructuring charges $ $ $ $ The following table summarizes our accrued restructuring balance and associated activity from December 31, 2014 through June 30, 2015 : December 31, 2014 Additions Cash Payments June 30, 2015 (in thousands) Severance $ $ $ $ Lease/ contract exit and related costs Other (1) Total restructuring charges $ $ $ $ (1) Includes expenses related to exiting stores and legal fees. Retail Store Closings As mentioned above, the Company plans to close additional retail locations around the globe. As such, we expect to incur certain exit costs specific to store closures including operating lease termination costs, rent obligations for leased facilities, net of expected sublease income, and other expenses in association with this plan. During the three and six month periods ended June 30 , 2015, we closed 7 and 16 company-operated retail locations that were identified in the initial restructuring plan , respectively. These locations were selected for closure by management based on historical and projected profitability levels, relocation plans, and other factors. As of June 30 , 2015 and December 31, 2014, we had a liability of approximately $ 3.9 million and $4.9 million, respectively, related to locations to be closed and other reductions in workforce in accrued restructuring on the condensed consolidated balance sheet s . The calculation of accrued store closing reserves primarily includes future minimum lease payments from the date of closure to the end of the remaining lease term, net of contractual or estimated sublease income. We record the liability at fair value in the period the store is closed.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2015
Fair Value Measurements [Abstract]
Fair Value Measurements	7 . FAIR VALUE MEASUREMENTS Recurring Fair Value Measurements A s of June 30, 2015 and December 31, 2014, our Level 1 assets subject to fair value measurements consisted solely of cash equivalents of $7. 6 million and $23.3 million, respectively. Non-Recurring Fair Value Measurements The majority of our non-financial instruments, which include inventories, property and equipment and intangible assets, are not required to be carried at fair value on a recurring basis. However, if certain triggering events occur such that a non-financial instrument is required to be evaluated for impairment and the carrying value is not recoverable, the carrying value would be adjusted to the lower of its cost or fair value and an impairment charge would be recorded. During both the three and six months ended June 30, 2015 and 2014, we recorded $2.1 million and $ 3.2 million, respectively, in impairment charge s associated with the Company’s retail locations .

Derivative Financial Instrument

Derivative Financial Instruments	6 Months Ended
	Jun. 30, 2015
Derivative Financial Instruments [Abstract]
Derivative Financial Instruments	8 . DERIVATIVE FINANCIAL INSTRUMENTS We transact business in various foreign countries and are therefore exposed to foreign currency exchange rate risk inherent in revenues, costs, and monetary assets and liabilities denominated in non-functional currencies. We have enter ed into foreign currency exchange forward contract and currency swap derivative instruments to selectively protect against volatility in the value of non-functional currency denominated monetary assets and liabilities, and of future cash flows caused by changes in foreig n currency exchange rates. We do not designate these derivative instruments as hedging instruments under the accounting standards for derivatives and hedging. Accordingly, these instruments are recorded at fair value as a derivative asset or liability on the balance sheet with their corresponding change in fair value recognized in ‘Foreign currency transaction gain (loss) , net’ in our condensed consolidated statements of operations. For purposes of the cash flow statement, we classify the cash flows at settlement from undesignated instruments in the same category as the cash flows from the related hedged items, generally with in ‘Cash provided by operating activities .’ The following table summarizes the notional amounts of the outstanding foreign cur rency exchange contracts as of June 30, 2015 and December 31, 2014 . The notional amounts of the derivative financial instruments shown below are denominated in their U.S. D ollar equivalents and represent the amount of all contracts of the foreign currency specified. These notional values do not necessarily represent amounts exchanged by the parties and, therefore, are not a direct measure of our exposure to the foreign currency exchange risks. June 30, December 31, 2015 2014 (in thousands) Foreign currency exchange forward contracts by currency: Japanese Yen $ $ Singapore Dollar British Pound Sterling Euro South Korean Won Mexican Peso South African Rand Australian Dollar Indian Rupee New Taiwan Dollar Swedish Krona Canadian Dollar Russian Ruble Brazilian Real - New Zealand Dollar Hong Kong Dollar Chinese Yuan Renminbi - Norwegian Krone - Total notional value, net $ $ Latest maturity date July 2015 January 2015 The following table presents the amounts affecting the condensed consolidated statements of operations from derivative instruments and exposure from day-to-day business transactions in various foreign currencies for the three and six months ended June 30, 2015 and 2014: Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 (in thousands) Foreign currency activity $ $ $ $ Derivatives not designated as hedging instruments: Foreign currency exchange forwards Foreign currency transaction gain (loss), net $ $ $ $ The line ‘Foreign currency transaction gain (loss), ne t’ on the condensed consolidated statements of operations includes both realized and unrealized gains/losses from underlying foreign currency activity and derivative contracts. These gains and losses are reported on a net basis.

Revolving Credit Facility & Ban

Revolving Credit Facility & Bank Borrowings	6 Months Ended
	Jun. 30, 2015
Revolving Credit Facility & Bank Borrowings [Abstract]
Revolving Credit Facility & Bank Borrowings	9 . REVOLVING CREDIT FACILITY & BANK BORROWINGS Revolving Credit Facility On September 25, 2009, we entered into a Revolving Credit and Security Agreement (the “Credit Agreement”) with the lenders named therein and PNC Bank, National Association ("PNC"), as a lender and administrative agent for the lenders. On April 2, 2015 , we entered into the Sixth Amendment to Amended and Restated Credit Ag reement (the “Sixth Amendment”) pursuant to which certain terms of the Credit Agreement were amended. The Sixth Amendment primarily amended certain definitions of the financial covenants to b e more favorable to us including (i) setting the minimum fixed charge coverage ratio to 1.00 to 1.00 through December 31, 2015, 1.15 to 1.00 through March 31, 2016 and 1.25 to 1.00 for each quarter thereafter, (ii) setting the Leverage Ratio to 4.00 to 1.00 through March 31, 2016 and 3.75 to 1.00 for each quarter thereafter and (iii) reducing our global cash requirement from $100 million to $50 million. The Credit Agreement enables us to borrow up to $100.0 million, with the abilit y to increase commitments to $125.0 million subject to certain conditions, and is currently set to mature in December 2017 . The Credit Agreement is available for working capital, capital expenditures, permitted acquisitions, reimbursement of drawings under letters of credit, and permitted dividends, distributions, purchases, redemptions and retirements of equity interests. Borrowings under the Credit Agreement are secured by all of our assets including all receivables, equipment, general intangibles, inventory, investment property, subsidiary stock and intellectual property. Borrowings under the Credit Agreement bear interest at a variable rate . For domestic rate loans, the interest rate is equal to the highest of (i) the daily federal funds open rate as quoted by ICAP North America, Inc. plus 0.5% , (ii) PNC's prime rate and (iii) a daily LIBOR rate plus 1.0% , in each case there is an additional margin ranging from 0.25% to 1.00% based on certain conditions. For LIBOR rate loans, the interest rate is equal to a LIBOR rate plus a margin ranging from 1.25% to 2.00% based on certain conditions. The Credit Agreement requires monthly interest payments with respect to domestic rate loans and at the end of each interest period with respect to LIBOR rate loans. The Credit Agreement further provides for a limit on the issuance of letters of credit to a maximum of $20.0 million . The Credit Agreement contains provisions requiring us to maintain compliance with certain restrictive and financial covenants. As of June 30 , 201 5 and December 31, 201 4 , we had no outstanding borrowings under the Credit Agreement. As of June 30 , 201 5 and December 31, 201 4 , we had outstanding letters of credit of $ 1.7 million and $1.8 million, respectively, which were reserved against the borrowing base under the terms of the Credit Agreement . As of June 30 , 2015, we were in compliance with all restrictive financial and other covenants under the Credit Agreement. Long-T erm Bank Borrowings On December 10, 2012, we entered into a Master Installment Payment Agreement (“Master IPA”) with PNC in which PNC financed the Company’s recent implementation of a new enterprise resource planning (“ERP”) system, which began in October 2012 and was substantially completed in early 2015. The terms of each note payable, under the Master IPA, consist of a fixed interest rate and payment terms based on the amount borrowed and the timing of activity throughout the implementation of the ERP system. The Master IPA is subject to cross-default, cross-termination, and is co-terminous with the Credit Agreement. We are in compliance with the covenants under the Credit Agreement. As of June 30 , 201 5 and December 31, 201 4 , we had $9.0 million and $11.6 million , respectively, of debt outstanding under five separate notes payable, of which $5. 3 million represent s current installments for both periods . As of June 30 , 201 5 , the notes bear interest rates ranging from 2.45% to 2.79% and maturities ranging from September 2016 to September 2017 . As this debt arrangement relates solely to the construction and implementation of an ERP system for use by the entity, interest expense was capitalized to the condensed consolidated balance sheets until the assets were placed into service on January 1, 2015. During the six months ended June 30 , 201 5, no interest was capitalized. During the three and six months ended June 30, 201 4 , we capitalized $0.1 million and $0.2 million in interest expense related to this debt arrangement to the condensed consolidated balance sheets. Interest rates and payment terms are subject to changes as further financing occurs under the Master IPA. The components of our consolidated debt and capital lease obligations are as follows: June 30, 2015 Carrying Value Weighted Average Unused Borrowing June 30, December 31, Interest Rate Capacity 2015 2014 (in thousands) Debt obligations Revolving credit facility LIBOR plus 1.25% - 2.00% $ $ - $ - Bank borrowings - Total debt obligations Capital lease obligations Total debt and capital lease obligations $ $ Current maturities $ $ Long-term debt and capital lease obligations $ $ The maturities of our debt obligations as of June 30, 2015 are presented below: June 30, 2015 (in thousands) Maturities of debt obligations 2015 (remainder of year) $ 2016 2017 Thereafter - Total debt maturities $ Current portion $ Noncurrent portion $ As of June 30, 2015 and December 31, 2014, the fair value of our debt instruments approximates their reported carrying amounts.

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended
	Jun. 30, 2015
Stock-Based Compensation [Abstract]
Stock-Based Compensation	10. STOCK -BASED COMPENSATION Stock-based compensation expense is based on the grant date fair value and is recognized on a straight-line basis over the applicable vesting period. During the three months ended June 30 , 201 5 and 2014 , we recorded $ 3.5 million and $ 3.8 million , respectively, of pre-tax stock -based compensation expense, of which $3.3 million and $3.6 million, respectively, is included in selling, general and administrative expenses, and $0.2 million for both periods is included in cost of sales on the condensed consolidated statements of operations. During the three months ended June 30 , 2015 and 2014, we capitalized $ 0.0 million and $0.1 million, respectively, as intangible assets on the condensed consolidated balance sheets related to the implementation of our ERP system. During the six months ended June 30 , 2015 and 2014, we recorded $ 6.5 million and $8.5 million, respectively, of pre-tax stock-based compensation expense, of which $6.2 million and $8.1 million, respectively, is included in selling, general and administrative expenses, and $0.3 million and $0.4 million, respectively , is included in cost of sales on the condensed consolidated statements of operations. During the six months ended June 30 , 201 5 and 2014 , we capitalized $ 0.0 million and $0.2 million, respectively, as intangible assets on the condensed consolidated balance sheets related to the implementation of our ERP system. Stock Option Activity A summary of our stock option activity as of and for the three and six months ended June 30, 2015 is presented below: Stock Options Weighted Average Exercise Price Outstanding as of March 31, 2015 $ Granted $ Exercised $ Forfeited or expired $ Outstanding as of June 30, 2015 $ Stock Options Weighted Average Exercise Price Outstanding as of December 31, 2014 $ Granted $ Exercised $ Forfeited or expired $ Outstanding as of June 30, 2015 $ A s of June 30 , 201 5 , there was $1.0 million o f unrecognized compensation expense related to stock options. The expense is expected to be amortized over a weighted average period of 2.83 years. Restricted Stock Awards and Units Activity A summary of our RSA and RSU activity as of and for the three and six months ended June 30, 2015 is presented below: Restricted Stock Weighted Average Restricted Stock Weighted Average Awards Grant Date Units Grant Date ("RSAs") Fair Value ("RSUs") Fair Value Unvested at March 31, 2015 $ $ Granted $ $ Vested $ $ Forfeited or expired - $ - $ Unvested at June 30, 2015 $ $ Restricted Stock Weighted Average Restricted Stock Weighted Average Awards Grant Date Units Grant Date ("RSAs") Fair Value ("RSUs") Fair Value Unvested at December 31, 2014 $ $ Granted $ $ Vested $ $ Forfeited or expired - $ - $ Unvested at June 30, 2015 $ $ The total grant date fair value of RSAs vested during the three months ended June 30 , 201 5 and 2014 was $0.0 million and $0. 7 million, respectively . The total grant date fair value of RSAs vested during the six months ended June 30 , 201 5 and 2014 was $0.1 million and $1.0 million, respectively . As of June 30 , 201 5 , we had $0.2 million o f total unrecognized share-based compensation expense related to non-vested restricted stock awards, net of expected forfeitures, all of which was related to time-based awards. As of June 30, 2015, t he unvested RSAs are expected to be amortized over the remaini ng weighted average period of 0. 94 years . The total grant date fair value of RSUs vested during the three months ended June 30 , 201 5 and 2014 was $ 0.7 million and $1.7 million, respectively . The total grant date fair value of RSUs vested during the six months ended June 30 , 201 5 and 2014 was $7.1 million and $8.7 million, respectively . As of June 30 , 201 5 , we had $19. 3 million of total unrecognized share-based compensation expense related to unvested restricted stock units, net of expected forfeitures, of which $10.7 million is related to time-based awards and $8.6 million is related to performance-based awards . As of June 30, 2015, t he unvested RSUs are expected to be amorti zed over the remaining weighted average period of 2.25 years , which c onsists of a remaining weighted average period of 2. 50 years related to performance-based awards and a remaining weighted average period of 2.21 years related to time-based awards.

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2015
Income Taxes [Abstract]
Income Taxes	11. INCOME TAXES During the three months ended June 30, 2015, the Company recognized income tax expense of $2.6 million on pre-tax income of $16.0 million , representing an effective income tax rate of 16. 0 % . For the same period in 2014, the Company recognized income tax expense of $18.7 million on pre-tax income of $42.0 million, representing an effective tax rate of 44.6% . During the six months ended June 30, 2015, the Company recognized income tax expense of $2.9 million on pre-tax income of $13.9 million, representing an effective income tax rate of 20.6% . For the same period in 2014, the Company recognized income tax expense of $24.1 million on pre-tax income of $56.5 million, representing an effective tax rate of 42.6% . The decrease in effective tax rate, compared to the same period in 2014, is primarily due to the recognition of unrecognized tax benefits in connection with various favorable audit settlements in foreign jurisdictions . The Company’s effective income tax rate, for all periods presented, differs from the federal U.S. statutory rate due to differences in income tax rates between U.S. and foreign jurisdictions as well as tax amounts recognized discretely during the quarter. The Company had unrecognized tax benefits of $4.1 million and $8.4 million at June 30, 2015 and December 31, 2014, respectively.

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Earnings Per Share	1 2 . EARNINGS PER SHARE The following table illustrates the basic and diluted EPS computations for the three and six months end ed June 30 , 201 5 and 2014 . Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 (in thousands) Numerator Net income attributable to common stockholders $ $ $ $ Less: adjustment for income allocated to participating securities Net income attributable to common stockholders - basic and diluted $ $ $ $ Denominator Weighted average common shares outstanding - basic Plus: dilutive effect of stock options and unvested restricted stock units Weighted average common shares outstanding - diluted Net income attributable per common share: Basic $ $ $ $ Diluted $ $ $ $ Diluted EPS is calculated using the two-class method for options and RSUs and the if-converted method for series A preferred stock. Approximately 0.7 million and 0.9 million options and RSUs, for the three months ended June 30, 2015 and 2014, respectively, and approximately 0.8 million and 0.9 million options and RSUs for the six months ended June 30, 2015 and 2014 were excluded in the calculation of diluted EPS under the two-class method because the effect would be anti-dilutive. The Series A preferred shares were excluded in the calculation of diluted EPS under the if-converted method because the effect would be anti-dilutive. If converted, Series A preferred stock would represent approximately 15.4% of our common stock outstanding or 13.8 million additional common shares, as of June 30, 2015. See Note 13 – Series A Preferred Stock for f urther details regarding the preferred share offering. Stock Repurchase Plan Authorizations We continue to evaluate options to maximize the returns on our cash and maintain an appropriate capital structure, including, among other alternatives, repurchases of our common stock. On December 26, 2013, our board of directors (the “Board”) approved the repurchase of up to $350.0 million of our common stock. T he number, price, structure and timing of the repu rchases will be at our sole discretion and future repurchases will be evaluated by us depending on market conditions, liquidity needs and other factors. Share repurchases may be made in the open market or in pri vately negotiated transactions. The repurchase authorization does not have an expiration date and does not oblige us to acquire any particular amount of our common stock. Our Board may suspend, modify or terminate the repurchase program at any time without prior notice. During the three months ended June 30, 2015, we repurchased approximately 1.6 million shares at a weighted average price of $14.62 per share for an aggregate price of approximately $22.7 million excluding related commission charges under our publicly-announced repurchase plan. During the six months ended June 30, 2015, we repurchased approximately 3.3 million shares at a weighted average price of $13.03 per share for an aggregate price of approximately $42.6 million excluding related commission charges under our publicly-announced repurchase plan. During the three months ended June 30 , 201 4 , we repurchased approximately 2.3 million shares at a weighted a verage price of $14.71 for an aggregate price of approximately $33.9 million , excluding related commission charges, under our publicly-announced repurchase plan. During the six months ended June 30 , 201 4 , we repurchased approximately 3.2 million shares at a weighted a verage price of $14.77 for an aggregate price of approximately $46.9 million , excluding related commission charges, under our publicly-announced repurchase plan. As of June 30 , 201 5 , subject to certain restrictions on repurchases under our revolving credit facility, we had $161.8 million remaining under t he repurchase authorizations.

Series A Preferred Stock

Series A Preferred Stock	6 Months Ended
	Jun. 30, 2015
Series A Preferred Stock [Abstract]
Series A Preferred Stock	13. SERIES A PREFERRED STOCK On January 27, 2014, we issued 200,000 shares of our Series A preferred stock to Blackstone Capital Partners VI L.P. (“Blackstone”) and certain of its permitted transferees, for an aggregate purchase price of $198.0 million, or $990 per share, pursuant to an Investment Agreement between us and Blackstone, dated December 28, 2013. In connection with the issuance of the Series A preferred stock, we received proceeds of $182.2 million after deducting the issuance discount of $2.0 million and direct and incremental expenses of $15.8 million including financial advisory fees, closing costs, legal expenses and other offering-related expenses. As of June 30 , 2015 and December 31, 2014, we had accrued dividends of $ 3.0 million and $3.1 million, respectively, on the condensed consolidated balance sheets, which were paid in cash to holders of the Series A preferred stock on July 1, 2015 and January 2, 2015, respectively.

Commitments & Contingencies

Commitments & Contingencies	6 Months Ended
	Jun. 30, 2015
Commitments & Contingencies [Abstract]
Commitments & Contingencies	14. COMMITMENTS AND CONTINGENCIES Rental Commitments and Contingencies We rent space for our retail stores, offices, warehouses, vehicles, and equipment under operating leases expiring at various dates through 2033. Certain leases contain rent escalation clauses (step rents) that require additional rental amounts in the later years of the term. Rent expense for leases with step rents or rent holidays is recognized on a straight-line basis over the lease term beginning on the lease inception date. Deferred rent is included in the condensed consolidated balance sheets in ‘Accrued expenses and other current liabilities .’ The following table summarizes the composition of rent expense under operating leases for the three and six months ended June 30 , 201 5 and 201 4 : Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 (in thousands) Minimum rentals (1) $ $ $ $ Contingent rentals Less: Sublease rentals Total rent expense $ $ $ $ (1) Minimum rentals include all lease payments as well as fixed and variable common area maintenance , parking and storage fees, which were approximately $2.4 million and $2.5 million during the three months ended June 30 , 2015 and 2014, respectively, and $4.7 million and $4.9 million during the six months ended June 30, 2015 and 2014, respectively . Purchase Commitments As of June 30 , 2015 and December 31, 2014, we had firm purchase commitments with certain third-party manufacturers of $ 123.8 million and $202.3 million, respectively . Government Tax Audits We are regularly subject to, and are currently undergoing, audits by tax a uthorities in the U.S. and several foreign jurisdictions for prior tax years. In April 2013, Brazil’s State of Sao Paulo, Brazil government (“Brazil”) assessed sales taxes, interest and penalties for the period April 2009 to May 2011. We had previously tendered these taxes using Brazil obligations purchased at a discount from third parties. On May 22, 2013, we applied for amnesty in order to receive a significant reduction in penalties and interest, agreed to amend our 2009 through 2012 tax returns to remove the Brazil obligations, and agreed to settle the assessment in cash to Brazil. In June 2013, we made a cash payment to Brazil, in full satisfaction of the Brazil assessment and amended tax returns. While Brazil is currently making court-ordered payments to holders of the Brazil obligations , along with accrued interest , during the year ended December 31, 2014, we reserved the entire carrying balance of the Brazil obligation as we determined the ultimate collection of amounts due is not assured . See Note 16 – Legal Proceedings for further details regarding potential loss contingencies related to government tax audits and other current legal proceedings .

Operating Segments & Geographic

Operating Segments & Geographic Information	6 Months Ended
	Jun. 30, 2015
Operating Segments & Geographic Information [Abstract]
Operating Segments & Geographic Information	15 . OPERATING SEGMENTS AND GEOGRAPHIC INFORMATION During 2014, we had four reportable operating segments based on the geographic nature of our operations: Americas, Asia Pacific, Japan and Europe. Our “Other businesses” category aggregates insignificant operating segments that do not meet the reportable segment threshold and includes our manufacturing operations located in Mexico, Italy and Asia. The composition of our reportable operating segments is consistent with that used by our chief operating decision maker, (“ CODM ”) to evaluate performance and allocate resources. Subsequent to December 31, 2014, our internal reports reviewed by the CODM began consolidating Japan in to the Asia Pacific segment. This change align ed our internal reporting to our new strategic model and management structure, as Japan and Asia Pacific are now managed and analyzed as one operating segment by management and the CODM. Accordingly, we now have three reportable segments for 2015 as well as our “Other Businesses” category and prior period segment results have been reclassified to reflect this change. Each of our reportable operating segments derives its revenues from the sale of footwear, apparel and accessories to external customers as well as intersegment sales. Revenues of the “Other businesses” category are primarily made up of intersegment sales. The remaining revenues for “Other businesses” represent non-footwear product sales to external customers. Intersegment sales are not included in the measurement of segment operating income or regularly reviewed by the CODM and are eliminated when deriving total consolidated revenues. Segment performance is evaluated based on segment results without allocating corporate expenses, or indirect general, administrative and other expenses. Segment profits or losses include adjustments to eliminate intersegment sales. As such, reconciling items for segment operating income represent unallocated corporate and other expenses as well as intersegment eliminations. Our CODM evaluates the performance of our segments based on gross margin and direct operating profit excluding unallocated amounts. Our CODM is not regularly provided information on segment assets, nor is such information considered when evaluating the performance of our segments. Additionally, there was no material change in the amounts or methodology of assets allocated to segments, other than the inclusion of assets allocated to the Japan segment now included in the Asia Pacific segment. The following tables set forth information related to our reportable operating busi ness segments as of and for the three and six months ended June 30 , 201 5 a nd 2 014: Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 (in thousands) Revenues: Americas $ $ $ $ Asia Pacific Europe Total segment revenues Other businesses Total consolidated revenues $ $ $ $ Operating income: Americas $ $ $ $ Asia Pacific Europe Total segment operating income Reconciliation of total segment operating income to income before income taxes: Other businesses Intersegment eliminations - - Unallocated corporate and other (1) Total consolidated operating income Foreign currency transaction gain (loss), net Interest income Interest expense Other income (expense), net Income before income taxes $ $ $ $ Depreciation and amortization: Americas $ $ $ $ Asia Pacific Europe Total segment depreciation and amortization Other businesses Unallocated corporate and other (1) Total consolidated depreciation and amortization $ $ $ $ (1) 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 .

Legal Proceedings

Legal Proceedings	6 Months Ended
	Jun. 30, 2015
Legal Proceedings [Abstract]
Legal Proceedings	16. LEGAL PROCEEDINGS The Company is currently subject to an audit by U.S. Customs & Border Protection (“CBP”) in respect of the period from 2006 to 2010. In October 2013, CBP issued the final audit report. In that report CBP projects that unpaid duties totaling approximately $12.4 million are due for the period under review and recommends collection of the duties due. Crocs responded that these projections are erroneous and provided arguments that demonstrate the amount due in connection with this matter is consider ably less than the projection. Additi onally, on December 12, 2014, Crocs made an offer to settle CBP’s potential cl aims and tendered $3.5 million. At this time, it is not possible to determine how long it will take CBP to evaluate the offer or to predict whet her the offer will be accepted. Likewise, if a settlement cannot be reached, it is not possible to predict with any certainty whether CBP will seek to assert a claim for penalties in addition to any unpaid duties, but such an assertion is a possibility. Mexico’s Federal Tax Authority (“SAT”) has audited the C ompany’s records regarding imports and exports during the period f rom January 2006 to July 2011. There were two phases to the audit, the first for capital equipment and finished goods an d the second for raw materials. The first phase was completed and no major discre pancies were noted by the SAT. On January 9, 2013, Crocs received a notice for the second phase in which the SAT issued a tax assessment (taxes and penalties) of roughly 280.0 million pesos (approximately $22.0 million) based on the value of all of Crocs’ imported raw mate rials during the audit period. Crocs believe s that the proposed penalty amount is unfounded and without merit. W ith the help of local counsel Crocs filed an appeal by t he deadline of March 15, 2013. Crocs has argued that the amount due in connection with the matter, if any, is substantially less than that proposed by the SAT. In connection with the appea l, the SAT required Crocs to post an appeal surety bond in the amount of roughly 321.0 million pesos (approximately $26.0 million), which amount reflects estimated additional penalties and interest if the Company is not successful on its appeal. This amount will be adjusted on an annual basis. On November 27, 2014, the Superior Chamber of the Federal Tax Court ruled in favor of Crocs and annulled the tax assessment and the corresponding penalty. The SAT filed its appeal of the decision in Crocs’ favor on February 25, 2015. On June 24, 2015, the Circuit Court rejected SAT´s appeal, and thus, confirmed the favorable decision issued to C rocs by the Federal Tax Court. Crocs has not yet been served with the final written opinion but expects to receive the same within the next two months. Crocs will not know if the SAT ha s a right of appeal until then. It is not possible at this time to predict the outcome of this matter or reasonably estimate any potential loss. Crocs is currently subject to an audit by the Brazilian Federal Tax Authorities related to imports of footwear from China between 2010 and 2014. On January 13, 2015 Crocs was notified about the issuance of assessments totaling approximately $5.3 million for the period January 2010 through May 2011. Crocs has disputed these assessments and as serted defenses to the claims. On February 25, 201 5 Crocs received additional assessments totaling approximately $11.5 million related to the remainder of the audit period. Crocs has also disputed these assessments and asser ted defenses to these claims. It is anticipated that this matter will take up t o several years to be resolved. It is not possible at this time to predict the outcome of this matter. On August 8, 2014, a purported class action lawsuit was filed in Califo rnia State Court against a Crocs subsidiary, Crocs Retail, LLC ( Zaydenberg v. Crocs Retail, LLC, Case No. BC554214). The lawsuit alleged various employment law violations related to overtime, meal and break periods, minimum wage, timely payment of wages, wage statements, payroll records and business expenses. Crocs filed an answer on February 6, 2015, denying the allegations a nd asserting several defenses. On June 3, 2015, a second purported class action l awsuit was filed in California State C ourt against Crocs Retail, LLC (Christopher S. Duree and Richard Morely v. Crocs, Inc., Case No. BC583875), making substantially the same allegations as in the Zaydenberg lawsuit. The parties attended a mediation on June 26, 2015, and reached a preliminary settlement for both lawsuits. The parties are now petitioning the State Court for approval of the settlement. As of June 30, 2015, Crocs estimates that the ultimate resolution of these litigation matters and other disputes could result in a loss that is reasonably possible between $0.0 million and $ 11.7 million in aggregate, of which $5.2 million has been accrued. Although Crocs is subject to other litigation from time to time in the ordinary course of business, including employment, intellectual property and product liability claims, Crocs is not party to any other p ending legal proceedings that Crocs believe s would reasonably have a material adverse impact on its business, financial position, results of operations or cash flows.

Organization & Basis Of Prese24

Organization & Basis Of Presentation (Policies)	6 Months Ended
	Jun. 30, 2015
Organization & Basis Of Presentation [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) for interim financial information and with the rules and regulations of the Securities and Exchange Commission (“SEC”) for reporting on Form 10-Q. The condensed consolidated balance sheet as of December 31, 2014 was derived from the Company’s Annual Report on Form 10-K for the year ended December 31, 2014 (the “2014 Form 10-K”) but does not contain all information required for complete financial statements. The accompanying unaudited condensed consolidated financial statements and these notes thereto should be read in conjunction with the 2014 Form 10-K. In the opinion of management, these condensed consolidated financial statements reflect all adjustments (consisting solely of normal recurring matters) considered necessary for a fair statement of the results for the interim periods presented. The results of operations for any interim period are not necessarily indicative of results for the full year.
Reclassifications	Reclassifications Certain prior period amounts on the condensed consolidated financial statements have been reclassified to conform to current period presentation. We segregated certain restructuring charges recorded to selling, gen eral and administrative expense on the condensed consolidated statements of operations during the three and six months ended June 30, 2014 to the restructuring charges line item. These reclassifications had no effect on income from operations, current l iabilities or cash used in operating activities.
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements Debt Issuance Costs In April 2015, the Financial Accounting Standards Board ("FASB") issued Accounting Sta ndards Update ("ASU") 2015-03: Simplifying the Presentation of Debt Issuance Costs, which requires that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. This ASU requires retrospective adoption and will be effective for us beginning in our first quarter of 2016. Early adoption is permitted. We do not expect that this pronouncement will have a material impact on our condensed consolidated financial statements. Share-Based Payments On June 19, 2014, the FASB issued ASU 2014-12 in response to the EITF consensus on Issue 13-D. The ASU clarifies that entities should treat performance targets that can be met after the requisite service period of a share-based payment award as performance conditions that affect vesting. Therefore, an entity would not record compensation expense related to an award for which transfer to the employee is contingent on the entity’s satisfaction of a performance target until it becomes probable that the performance target will be met. The ASU does not contain any new disclosure requirements. This ASU is effective for all entities for reporting periods (including interim periods) beginning after December 15, 2015. We do not expect that this pronouncement will have a material impact on our condensed consolidated financial statements. Revenue Recognition In May 2014, the FASB issued their final standard on revenue from contracts with customers. The standard, issued as ASU No. 2014-09: Revenue from Contracts with Customers (Topic 606) by the FASB, outlines a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers and supersedes most current revenue recognition guidance, including industry-specific guidance. The core principle of the revenue model is that “an entity recognizes revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services.” In applying the revenue model to contracts within its scope, an entity:  Identifies the contract(s) with a customer (Step 1)  Identifies the performance obligations in the contract (Step 2)  Determines the transaction price (Step 3)  Allocates the transaction price to the performance obligations in the contract (Step 4)  Recognizes revenue when (or as) the entity satisfies a performance obligation (Step 5) The ASU applies to all contracts with customers except those that are within the scope of other topics in the FASB Accounting Standards Codification. Certain of the ASU’s provisions also apply to transfers of nonfinancial assets, including in-substance nonfinancial assets that are not an output of an entity’s ordinary activities (e.g., sales of property, plant, and equipment, real estate or intangible assets). Existing accounting guidance applicable to these transfers has been amended or superseded. Compared with current GAAP, the ASU also requires significantly expanded disclosures about revenue recognition. On July 9, 2015, the FASB deferred the effective date to reporting periods (including interim periods) beginning after December 15, 2017. Early application is permitted for reporting periods (including interim periods) beginning after December 15, 2016. We are currently evaluating the impact that this pronouncement will have on our condensed consolidated financial statements. Inventory In July 2015, the FASB issued ASU No. 2015-11: Simplifying the Measurement of Inventory , which modifies existing requirements regarding measuring inventory at the lower of cost or market. Under existing standards, the market amount requires consideration of replacement cost, net realizable value (“NRV”), and NRV less an approximately normal profit margin. The new ASU replaces market with NRV, defined as estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal and transportation. This eliminates the need to determine and consider replacement cost or NRV less an approximately normal profit margin when measuring inventory. T his standard is effective prospectively beginning January 1, 2017, with early adoption permitted. The Company is currently assessing this ASU’s impacts on Crocs ’ consolidated results of operations and financial condition. Other new pronouncements issued but not effective until after June 30, 2015 are not expected to have a material impact on our financial position, results of operations or cash flows.

Summary Of Significant Accoun25

Summary Of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2015
Summary Of Significant Accounting Policies [Abstract]
Earnings per Share	Earnings per Share Basic and diluted earnings per common share (“EPS”) is presented using the two-class method, which is an earnings allocation formula that determines earnings per share for common stock and any participating securities according to dividend rights and participation rights in undistributed earnings. Under the two-class method, EPS is computed by dividing the sum of distributed and undistributed earnings attributable to comm on stockholders by the weighted average number of shares of common stock outstanding during the period. A participating security is a security that may participate in undistributed earnings with common stock had those earnings been distributed in a ny form. Our Series A convertible preferred stock (“Series A preferred stock”) issued in 2014 represents participating securities as holders of the Series A preferred stock are entitled to receive any and all dividends declared or paid on common stock on an as-converted basis. In addition, shares of our non-vested restricted stock and restricted stock unit awards are considered participating securities as they represent unvested share-based payment awards containing non-forfeitable rights to dividends. As such, these participating securities must be included in the computation of EPS pursuant to the two-class method on a pro-rata, as-converted basis. Diluted EPS reflects the potential dilution from securities that could share in our earnings. In addition, the dilutive effect of each participating security is calculated using the more dilutive of the two-class method described above . This method assumes that the securities remain in their current form, or the if-converted method, which assumes conversion to common stock as of the beginning of the reporting date. Anti-dilutive securities are excluded from diluted EPS. See Note 1 2 —Earnings Per Share for further discussion.
Asset Impairments	Asset Impairments We periodically evaluate all of our long-lived assets for impairment when events or circumstances would indicate the carrying value of a long-lived asset may not be fully recoverable. The following table summarizes retail asset impairment charges by reportable operating segment for the three and six months ended June 30, 2015 and 2014 related to certain underperforming stores that were unlikely to generate sufficient cash flows to fully recover the carrying value of the stores’ assets over the remaining economic life of those assets : Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Impairment Charge Number of Stores Impairment Charge Number of Stores Impairment Charge Number of Stores Impairment Charge Number of Stores (in thousands, except store count data) Americas $ $ $ $ Asia Pacific Europe Total asset impairment $ $ $ $
Depreciation	Depreciation During the three months ended June 30 , 2015 and 2014, we recorded $4.3 million and $6.3 million, respectively, in depreciation expense of which $0.4 million and $0.4 million, respectively, was recorded in ‘Cost of sales,’ with the remaining amounts recorded in ‘Selling, general and administrative expenses’ on the condensed consolidated statements of operations. During the six months ended June 30, 2015 and 2014, we recorded $9.0 million and $11.7 million, respectively, in depreciation expense of which $1.0 million and $0.9 million, respectively, was recorded in ‘Cost of sales,’ with the remaining amounts recorded in ‘Selling, general and administrative expenses’ on the condensed consolidated statements of operations. As of June 30, 2015 and December 31, 2014, accumulated depreciation was $1 09.9 million and $99.8 million, respectively .

Summary Of Significant Accoun26

Summary Of Significant Accounting Policies (Tables)	6 Months Ended
	Jun. 30, 2015
Summary Of Significant Accounting Policies [Abstract]
Schedule Of Asset Impairments	Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Impairment Charge Number of Stores Impairment Charge Number of Stores Impairment Charge Number of Stores Impairment Charge Number of Stores (in thousands, except store count data) Americas $ $ $ $ Asia Pacific Europe Total asset impairment $ $ $ $

Inventories (Tables)

Inventories (Tables)	6 Months Ended
	Jun. 30, 2015
Inventories [Abstract]
Schedule of Inventories	June 30, December 31, 2015 2014 (in thousands) Finished goods $ $ Work-in-progress Raw materials Total inventories $ $

Goodwill & Intangible Assets (T

Goodwill & Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2015
Goodwill & Intangible Assets [Abstract]
Schedule of Goodwill & Intangible Assets	June 30, 2015 December 31, 2014 Gross Carrying Amount Accumulated Amortization Net Carrying Amount Gross Carrying Amount Accumulated Amortization Net Carrying Amount (in thousands) Capitalized software $ (1) $ (2) $ $ (1) $ (2) $ Customer relationships - Patents, copyrights, and trademarks Core technology - - Other - Total finite lived intangible assets Indefinite lived intangible assets - - Goodwill (3) - - Goodwill and intangible assets $ $ $ $ $ $ (1) Includes $4.1 million of software held under a capital lease classified as capitalized software as of June 30, 2015 and December 31, 2014 , respectively . (2) Includes $2. 8 million and $2.5 million of accumulated amortization of software held under a capital lease as of June 30, 2015 and December 31, 2014, respectively, and is amortized using the straight-line method over the useful life. (3) Change in goodwill relates entirely to foreign currency translation.
Schedule of Future Amortization of Intangible Assets	Amortization Fiscal years ending December 31, (in thousands) 2015 (remainder of year) $ 2016 2017 2018 2019 Thereafter Total $

Accrued Expenses and Other Cu29

Accrued Expenses and Other Current Liabilities (Tables)	6 Months Ended
	Jun. 30, 2015
Accrued Expenses And Other Current Liabilities [Abstract]
Schedule of Accrued Expenses & Other Current Liabilities	June 30, December 31, 2015 2014 (in thousands) Accrued compensation and benefits $ $ Professional services Fulfillment, freight and duties Sales/use and VAT tax payable Accrued rent and occupancy Deferred revenue and royalties payable Customer deposits Dividend payable Accrued legal liabilities Other (1) Total accrued expenses and other current liabilities $ $ The amounts in ‘Other’ consist of various accrued expenses and no individual item accounted for more than 5% of the total balance as of June 30, 2015 or December 31, 2014 .

Restructuring Activities (Table

Restructuring Activities (Tables)	6 Months Ended
	Jun. 30, 2015
Restructuring Activities [Abstract]
Schedule of restructuring costs by type	Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 (in thousands) Severance costs $ $ $ $ Lease / contract exit and related costs Other (1) Total restructuring charges $ $ $ $ (1) The amounts in ‘Other’ consist of various asset and inventory impairment charges prompted by the aforementioned restructuring plan, legal fees and facility maintenance fees.
Schedule of restructuring costs by segment	Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 (in thousands) Americas $ - $ $ $ Asia Pacific Europe Corporate Total restructuring charges $ $ $ $
Schedule of restructuring reserve by type	December 31, 2014 Additions Cash Payments June 30, 2015 (in thousands) Severance $ $ $ $ Lease/ contract exit and related costs Other (1) Total restructuring charges $ $ $ $ (1) Includes expenses related to exiting stores and legal fees.

Derivative Financial Instrume31

Derivative Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2015
Derivative Financial Instruments [Abstract]
Schedule of Notional Amounts of Outstanding Derivative Positions	June 30, December 31, 2015 2014 (in thousands) Foreign currency exchange forward contracts by currency: Japanese Yen $ $ Singapore Dollar British Pound Sterling Euro South Korean Won Mexican Peso South African Rand Australian Dollar Indian Rupee New Taiwan Dollar Swedish Krona Canadian Dollar Russian Ruble Brazilian Real - New Zealand Dollar Hong Kong Dollar Chinese Yuan Renminbi - Norwegian Krone - Total notional value, net $ $ Latest maturity date July 2015 January 2015
Schedule of Derivative Instrument Gain (Loss)	Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 (in thousands) Foreign currency activity $ $ $ $ Derivatives not designated as hedging instruments: Foreign currency exchange forwards Foreign currency transaction gain (loss), net $ $ $ $

Revolving Credit Facility & B32

Revolving Credit Facility & Bank Borrowings (Tables)	6 Months Ended
	Jun. 30, 2015
Revolving Credit Facility & Bank Borrowings [Abstract]
Components Of Our Consolidated Debt And Capital Lease Obligations	June 30, 2015 Carrying Value Weighted Average Unused Borrowing June 30, December 31, Interest Rate Capacity 2015 2014 (in thousands) Debt obligations Revolving credit facility LIBOR plus 1.25% - 2.00% $ $ - $ - Bank borrowings - Total debt obligations Capital lease obligations Total debt and capital lease obligations $ $ Current maturities $ $ Long-term debt and capital lease obligations $ $
Maturities of Debt Obligation	June 30, 2015 (in thousands) Maturities of debt obligations 2015 (remainder of year) $ 2016 2017 Thereafter - Total debt maturities $ Current portion $ Noncurrent portion $

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	6 Months Ended
	Jun. 30, 2015
Stock-Based Compensation [Abstract]
Schedule Of Stock Options	Stock Options Weighted Average Exercise Price Outstanding as of March 31, 2015 $ Granted $ Exercised $ Forfeited or expired $ Outstanding as of June 30, 2015 $ Stock Options Weighted Average Exercise Price Outstanding as of December 31, 2014 $ Granted $ Exercised $ Forfeited or expired $ Outstanding as of June 30, 2015 $
Summary Of RSA And RSU Activity	Restricted Stock Weighted Average Restricted Stock Weighted Average Awards Grant Date Units Grant Date ("RSAs") Fair Value ("RSUs") Fair Value Unvested at March 31, 2015 $ $ Granted $ $ Vested $ $ Forfeited or expired - $ - $ Unvested at June 30, 2015 $ $ Restricted Stock Weighted Average Restricted Stock Weighted Average Awards Grant Date Units Grant Date ("RSAs") Fair Value ("RSUs") Fair Value Unvested at December 31, 2014 $ $ Granted $ $ Vested $ $ Forfeited or expired - $ - $ Unvested at June 30, 2015 $ $

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Summary Of Basic And Diluted Earnings Per Share	Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 (in thousands) Numerator Net income attributable to common stockholders $ $ $ $ Less: adjustment for income allocated to participating securities Net income attributable to common stockholders - basic and diluted $ $ $ $ Denominator Weighted average common shares outstanding - basic Plus: dilutive effect of stock options and unvested restricted stock units Weighted average common shares outstanding - diluted Net income attributable per common share: Basic $ $ $ $ Diluted $ $ $ $

Commitments & Contingencies (Ta

Commitments & Contingencies (Tables)	6 Months Ended
	Jun. 30, 2015
Commitments & Contingencies [Abstract]
Schedule of rent expense	Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 (in thousands) Minimum rentals (1) $ $ $ $ Contingent rentals Less: Sublease rentals Total rent expense $ $ $ $ (1) Minimum rentals include all lease payments as well as fixed and variable common area maintenance , parking and storage fees, which were approximately $2.4 million and $2.5 million during the three months ended June 30 , 2015 and 2014, respectively, and $4.7 million and $4.9 million during the six months ended June 30, 2015 and 2014, respectively .

Operating Segments & Geograph36

Operating Segments & Geographic Information (Tables)	6 Months Ended
	Jun. 30, 2015
Operating Segments & Geographic Information [Abstract]
Information Related to Reportable Operating Business Segments	Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 (in thousands) Revenues: Americas $ $ $ $ Asia Pacific Europe Total segment revenues Other businesses Total consolidated revenues $ $ $ $ Operating income: Americas $ $ $ $ Asia Pacific Europe Total segment operating income Reconciliation of total segment operating income to income before income taxes: Other businesses Intersegment eliminations - - Unallocated corporate and other (1) Total consolidated operating income Foreign currency transaction gain (loss), net Interest income Interest expense Other income (expense), net Income before income taxes $ $ $ $ Depreciation and amortization: Americas $ $ $ $ Asia Pacific Europe Total segment depreciation and amortization Other businesses Unallocated corporate and other (1) Total consolidated depreciation and amortization $ $ $ $ (1) 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 .

Summary Of Significant Accoun37

Summary Of Significant Accounting Policies (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Summary Of Significant Accounting Policies [Abstract]
Depreciation Expense	$ 4.3	$ 6.3	$ 9	$ 11.7
Cost of Sales, Depreciation	0.4	$ 0.4	1	$ 0.9
Accumulated depreciation	$ 109.9		$ 109.9		$ 99.8

Summary Of Significant Accoun38

Summary Of Significant Accounting Policies (Schedule Of Asset Impairments) (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015USD ($)store	Jun. 30, 2014USD ($)store	Jun. 30, 2015USD ($)store	Jun. 30, 2014USD ($)store
Segment Reporting Information [Line Items]
Asset Impairment Charges | $	$ 2,075	$ 3,230	$ 2,075	$ 3,230
Number of retail stores impaired	19	37	19	37
Americas [Member]
Segment Reporting Information [Line Items]
Asset Impairment Charges | $	$ 686	$ 1,247	$ 686	$ 1,247
Number of retail stores impaired	4	16	4	16
Asia Pacific [Member]
Segment Reporting Information [Line Items]
Asset Impairment Charges | $	$ 515	$ 444	$ 515	$ 444
Number of retail stores impaired	8	12	8	12
Europe [Member]
Segment Reporting Information [Line Items]
Asset Impairment Charges | $	$ 874	$ 1,539	$ 874	$ 1,539
Number of retail stores impaired	7	9	7	9

Inventories (Schedule of Invent

Inventories (Schedule of Inventories) (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Inventories [Abstract]
Finished goods	$ 176,742	$ 167,515
Work-in-progress	386	703
Raw materials	5,498	2,794
Total inventories	$ 182,626	$ 171,012

Goodwill & Intangible Assets (N

Goodwill & Intangible Assets (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Goodwill & Intangible Assets [Abstract]
Amortization Expense	$ 5,100	$ 5,100	$ 10,100	$ 9,100
Amortization Expense Recorded in Cost of Sales	1,600	$ 1,800	3,000	$ 3,100
Accumulated Amortization	$ 91,415		$ 91,415		$ 78,126

Goodwill & Intangible Assets (S

Goodwill & Intangible Assets (Summary Of Goodwill & Intangible Assets) (Details) - USD ($) $ in Thousands		Jun. 30, 2015	Dec. 31, 2014
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount, Finite-Lived Intangible Assets		$ 181,444	$ 175,130
Accumulated Amortization, Finite-Lived Intangible Assets		(91,415)	(78,126)
Net Carrying Amount, Finite-Lived Intangible Assets		90,029	97,004
Indefinite lived intangible assets		307	333
Goodwill	[1]	2,227	2,044
Gross Carrying Amount, Total Intangible Assets		183,978	177,507
Net Carrying Amount, Total Intangible Assets		92,563	99,381
Capitalized Software [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount, Finite-Lived Intangible Assets	[2]	165,277	157,615
Accumulated Amortization, Finite-Lived Intangible Assets	[3]	(76,883)	(62,591)
Net Carrying Amount, Finite-Lived Intangible Assets		88,394	95,024
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount, Finite-Lived Intangible Assets		5,053	5,945
Accumulated Amortization, Finite-Lived Intangible Assets		(5,053)	(5,798)
Net Carrying Amount, Finite-Lived Intangible Assets			147
Patents, Copyrights And Trademarks [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount, Finite-Lived Intangible Assets		6,594	6,702
Accumulated Amortization, Finite-Lived Intangible Assets		(4,959)	(4,931)
Net Carrying Amount, Finite-Lived Intangible Assets		1,635	1,771
Core Technology [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount, Finite-Lived Intangible Assets		4,170	4,170
Accumulated Amortization, Finite-Lived Intangible Assets		(4,170)	(4,170)
Other [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount, Finite-Lived Intangible Assets		350	698
Accumulated Amortization, Finite-Lived Intangible Assets		$ (350)	(636)
Net Carrying Amount, Finite-Lived Intangible Assets			$ 62
[1]	Change in goodwill relates entirely to foreign currency translation.
[2]	Includes $4.1 million of software held under a capital lease classified as capitalized software as of June 30, 2015 and December 31, 2014, respectively.
[3]	Includes $2.8 million and $2.5 million of accumulated amortization of software held under a capital lease as of June 30, 2015 and December 31, 2014, respectively, and is amortized using the straight-line method over the useful life.

Goodwill & Intangible Assets 42

Goodwill & Intangible Assets (Summary of Goodwill & Intangible Assets Footnote) (Details) - USD ($) $ in Millions	Jun. 30, 2015	Dec. 31, 2014
Goodwill & Intangible Assets [Abstract]
Gross Capitalized Software Held Under Capital Lease	$ 4.1	$ 4.1
Amortization of Capitalized Software Held Under Capital Lease	$ 2.8	$ 2.5

Goodwill & Intangible Assets (F

Goodwill & Intangible Assets (Future Amortization Schedule) (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Goodwill & Intangible Assets [Abstract]
2015 (remainder of year)	$ 9,957
2,016	18,329
2,017	16,608
2,018	14,153
2,019	12,232
Thereafter	18,750
Net Carrying Amount, Finite-Lived Intangible Assets	$ 90,029	$ 97,004

Accrued Expenses And Other Cu44

Accrued Expenses And Other Current Liabilities (Summary of Accrued Expenses and Other Current Liabilities) (Details) - USD ($) $ in Thousands		Jun. 30, 2015	Dec. 31, 2014	Jun. 30, 2014
Accrued Expenses And Other Current Liabilities [Abstract]
Accrued compensation and benefits		$ 25,481	$ 23,824
Professional services		19,947	16,212
Fulfillment, freight and duties		15,179	12,110
Sales/use and VAT tax payable		10,644	5,897
Accrued rent and occupancy		8,761	9,675
Deferred revenue and royalties payable		4,535	2,005
Customer deposits		4,080	3,075
Dividend payable		3,000	3,067	$ 3,033
Accrued legal liabilities		2,540	2,150
Other	[1]	4,039	2,201
Total accrued expenses and other current liabilities		$ 98,206	$ 80,216
[1]	The amounts in 'Other' consist of various accrued expenses and no individual item accounted for more than 5% of the total balance as of June 30, 2015 or December 31, 2014

Accrued Expenses And Other Cu45

Accrued Expenses And Other Current Liabilities (Summary of Accrued Expenses and Other Current Liabilities Footnote) (Details) - item	Jun. 30, 2015	Dec. 31, 2014
Accrued Expenses And Other Current Liabilities [Abstract]
Individual Items Accounting For More Than Five Percent Of Balance Of Accrued Expenses	0	0
Percent Of Decision Point On Reporting Individual Items In Accrued Expenses	5.00%	5.00%

Restructuring Activities (Narra

Restructuring Activities (Narrative) (Details) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2015USD ($)store	Jun. 30, 2014USD ($)	Jun. 30, 2015USD ($)store	Jun. 30, 2014USD ($)	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)
Restructuring Cost and Reserve [Line Items]
Restructuring charges total	$ 2,810	$ 6,089	$ 6,473	$ 8,339
Number of stores closed | store	7		16
Accrued liability related to store closures	$ 3,900		$ 3,900			$ 4,900
Maximum [Member]
Restructuring Cost and Reserve [Line Items]
Number of stores to be closed | store			100
Minimum [Member]
Restructuring Cost and Reserve [Line Items]
Number of stores to be closed | store			75
Scenario, Forecast [Member] | Maximum [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring charges total					$ 15,000
Scenario, Forecast [Member] | Minimum [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring charges total					$ 10,000

Restructuring Activities (Restr

Restructuring Activities (Restructuring Costs by Type) (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Restructuring Activities [Abstract]
Severance costs		$ 1,899	$ 2,869	$ 3,956	$ 4,453
Lease / contract exit and related costs		518	572	1,934	1,178
Other	[1]	393	2,648	583	2,708
Total restructuring charges		$ 2,810	$ 6,089	$ 6,473	$ 8,339
[1]	The amounts in 'Other' consist of various asset and inventory impairment charges prompted by the aforementioned restructuring plan, legal fees and facility maintenance fees.

Restructuring Activities (Res48

Restructuring Activities (Restructuring Costs by Segment) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Restructuring Cost and Reserve [Line Items]
Total restructuring charges	$ 2,810	$ 6,089	$ 6,473	$ 8,339
Corporate [Member]
Restructuring Cost and Reserve [Line Items]
Total restructuring charges	1,160	4,165	1,453	5,740
Americas [Member]
Restructuring Cost and Reserve [Line Items]
Total restructuring charges		1,224	456	1,224
Asia Pacific [Member]
Restructuring Cost and Reserve [Line Items]
Total restructuring charges	1,266	393	3,040	393
Europe [Member]
Restructuring Cost and Reserve [Line Items]
Total restructuring charges	$ 384	$ 307	$ 1,524	$ 982

Restructuring Activities (Res49

Restructuring Activities (Restructuring Reserve Rollforward) (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Restructuring Cost and Reserve [Line Items]
Accrued restructuring as of December 31, 2014				$ 4,859
Additions		$ 2,810	$ 4,060	6,473	$ 6,310
Cash payments				(7,397)
Accrued restructuring as of June 30, 2015		3,935		3,935
Severance [Member]
Restructuring Cost and Reserve [Line Items]
Accrued restructuring as of December 31, 2014				3,154
Additions				3,956
Cash payments				(4,279)
Accrued restructuring as of June 30, 2015		2,831		2,831
Lease/Contract Exit And Related Costs [Member]
Restructuring Cost and Reserve [Line Items]
Accrued restructuring as of December 31, 2014				1,401
Additions				1,934
Cash payments				(2,677)
Accrued restructuring as of June 30, 2015		658		658
Other Restructuring [Member]
Restructuring Cost and Reserve [Line Items]
Accrued restructuring as of December 31, 2014	[1]			304
Additions	[1]			583
Cash payments	[1]			(441)
Accrued restructuring as of June 30, 2015	[1]	$ 446		$ 446
[1]	Includes expenses related to exiting stores and legal fees.

Fair Value Measurements (Detail

Fair Value Measurements (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Fair Value Measurements [Abstract]
Cash equivalents	$ 7,600		$ 7,600		$ 23,300
Asset impairment charges	$ 2,075	$ 3,230	$ 2,075	$ 3,230

Derivative Financial Instrume51

Derivative Financial Instruments (Summary of Derivative Financial Instruments Notional Amounts on Outstanding Positions) (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Derivative Financial Instruments Notional Amounts [Line Items]
Total notional value, net	$ 224,918	$ 319,639
Latest maturity date	Jul. 1, 2015	Jan. 1, 2015
Japanese Yen [Member]
Derivative Financial Instruments Notional Amounts [Line Items]
Total notional value, net	$ 85,763	$ 44,533
Singapore Dollar [Member]
Derivative Financial Instruments Notional Amounts [Line Items]
Total notional value, net	56,542	61,887
British Pound Sterling [Member]
Derivative Financial Instruments Notional Amounts [Line Items]
Total notional value, net	23,260	17,230
Euro [Member]
Derivative Financial Instruments Notional Amounts [Line Items]
Total notional value, net	11,342	134,755
South Korean Won [Member]
Derivative Financial Instruments Notional Amounts [Line Items]
Total notional value, net	10,697	14,590
Mexican Peso [Member]
Derivative Financial Instruments Notional Amounts [Line Items]
Total notional value, net	8,036	13,180
South African Rand [Member]
Derivative Financial Instruments Notional Amounts [Line Items]
Total notional value, net	6,616	4,355
Australian Dollar [Member]
Derivative Financial Instruments Notional Amounts [Line Items]
Total notional value, net	5,245	7,913
Indian Rupee [Member]
Derivative Financial Instruments Notional Amounts [Line Items]
Total notional value, net	4,905	3,356
New Taiwan Dollar [Member]
Derivative Financial Instruments Notional Amounts [Line Items]
Total notional value, net	2,907	3,229
Swedish Krona [Member]
Derivative Financial Instruments Notional Amounts [Line Items]
Total notional value, net	2,701	1,918
Canadian Dollar [Member]
Derivative Financial Instruments Notional Amounts [Line Items]
Total notional value, net	2,452	3,005
Russian Ruble [Member]
Derivative Financial Instruments Notional Amounts [Line Items]
Total notional value, net	2,210	1,838
Brazilian Real [Member]
Derivative Financial Instruments Notional Amounts [Line Items]
Total notional value, net	974
New Zealand Dollar [Member]
Derivative Financial Instruments Notional Amounts [Line Items]
Total notional value, net	642	743
Hong Kong Dollar [Member]
Derivative Financial Instruments Notional Amounts [Line Items]
Total notional value, net	$ 626	814
Chinese Yuan Renminbi [Member]
Derivative Financial Instruments Notional Amounts [Line Items]
Total notional value, net		5,376
Norwegian Krone [Member]
Derivative Financial Instruments Notional Amounts [Line Items]
Total notional value, net		$ 917

Derivative Financial Instrume52

Derivative Financial Instruments (Summary of Gain/Loss on Derivative Instruments) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Derivative Financial Instruments [Abstract]
Foreign currency activity	$ (1,597)	$ 3,150	$ 4,620	$ 2,220
Foreign currency exchange forwards	1,380	(3,370)	(4,343)	(5,208)
Foreign currency transaction gain (loss), net	$ (217)	$ (220)	$ 277	$ (2,988)

Revolving Credit Facility & B53

Revolving Credit Facility & Bank Borrowings (Revolving Credit Facility) (Details) - USD ($)	Apr. 02, 2015	Jun. 30, 2015	Dec. 31, 2014	Mar. 31, 2014
Line of Credit Facility [Line Items]
Expected Minimum Fixed Charge Coverage Ratio For First Half Of Next Year	1.15%
Expected Minimum Fixed Charge Coverage Ratio After First Half Of Next Year	1.25%
Leverage ratio	4.00%
Expected Leverage Ratio After One Year Period	3.75%
Global Cash Requirement Under Credit Facility		$ 50,000,000		$ 100,000,000
Line of Credit Facility, Current Borrowing Capacity		100,000,000
Line of Credit Facility, Maximum Borrowing Capacity		125,000,000
Maximum letter of credit borrowing capacity		20,000,000
Revolving credit facility		0	$ 0
Outstanding letters of credit		$ 1,700,000	$ 1,800,000
Subsequent Event [Member]
Line of Credit Facility [Line Items]
Minimum fixed charge coverage ratio	1.00%
Federal Funds Effective Swap Rate [Member]
Line of Credit Facility [Line Items]
Debt Instrument, Basis Spread on Variable Rate		0.50%
London Interbank Offered Rate (LIBOR) [Member]
Line of Credit Facility [Line Items]
Debt Instrument, Basis Spread on Variable Rate		1.00%
Maximum [Member] | London Interbank Offered Rate (LIBOR) [Member]
Line of Credit Facility [Line Items]
Debt Instrument, Basis Spread on Variable Rate		1.00%
Maximum [Member] | Certain Conditions [Member] | London Interbank Offered Rate (LIBOR) [Member]
Line of Credit Facility [Line Items]
Debt Instrument, Basis Spread on Variable Rate		2.00%
Minimum [Member] | London Interbank Offered Rate (LIBOR) [Member]
Line of Credit Facility [Line Items]
Debt Instrument, Basis Spread on Variable Rate		0.25%
Minimum [Member] | Certain Conditions [Member] | London Interbank Offered Rate (LIBOR) [Member]
Line of Credit Facility [Line Items]
Debt Instrument, Basis Spread on Variable Rate		1.25%

Revolving Credit Facility & B54

Revolving Credit Facility & Bank Borrowings (Long-Term Bank Borrowings) (Details)	3 Months Ended	6 Months Ended
	Jun. 30, 2015USD ($)item	Jun. 30, 2015USD ($)item	Dec. 31, 2014USD ($)
Revolving Credit Facility & Bank Borrowings [Abstract]
Bank borrowings	$ 9,041,000	$ 9,041,000	$ 11,669,000
Number of notes payable outstanding | item	5	5
Current maturities of long-term debt	$ 5,350,000	$ 5,350,000	$ 5,288,000
Minimum interest rate on long-term debt		2.45%
Maximum interest rate on long-term debt		2.79%
Earliest maturity on long-term debt		Sep. 1, 2016
Latest maturity on long-term debt		Sep. 1, 2017
Long-term debt interest capitalized	100,000	$ 200,000
Capital lease obligations for capitalized software	$ 0	$ 0

Revolving Credit Facility & B55

Revolving Credit Facility & Bank Borrowings (Components Of Our Consolidated Debt And Capital Lease Obligations) (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 9,028	$ 11,646
Long-term debt	9,041	11,669
Current maturities	5,350	5,288
Long-term debt and capital lease obligations	3,691	6,381
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Unused Borrowing Capacity	$ 100,000
Debt Instrument, Description of Variable Rate Basis	LIBOR plus 1.25% - 2.00%
Revolving Credit Facility [Member] | Maximum [Member]
Debt Instrument [Line Items]
Debt instrument, spread	2.00%
Revolving Credit Facility [Member] | Minimum [Member]
Debt Instrument [Line Items]
Debt instrument, spread	1.25%
Bank Borrowings [Member]
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 9,028	11,646
Debt, Weighted Average Interest Rate	2.63%
Capital Lease Obligations [Member]
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 13	$ 23

Revolving Credit Facility & B56

Revolving Credit Facility & Bank Borrowings (Maturities of Debt Obligations) (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Revolving Credit Facility & Bank Borrowings [Abstract]
2015 (remainder of year)	$ 2,663
2,016	4,769
2,017	1,609
Long-term debt	9,041	$ 11,669
Current portion	5,350	5,288
Noncurrent portion	$ 3,691	$ 6,381

Stock-Based Compensation (Narra

Stock-Based Compensation (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Share-Based Compensation [Abstract]
Share-based compensation expense	$ 3.5	$ 3.8	$ 6.5	$ 8.5
Share-based compensation expense recorded in SG&A	3.3	3.6	6.2	8.1
Share-based compensation expense recorded in cost of sales	0.2	0.2	0.3	0.4
Capitalized share-based compensation expense	$ 0	$ 0.1	$ 0	$ 0.2

Stock-Based Compensation (Stock

Stock-Based Compensation (Stock Option Activity) (Details) - Jun. 30, 2015 - $ / shares	Total	Total
Share-Based Compensation [Abstract]
Shares outstanding at beginning of period	1,593,228	1,696,130
Shares granted	35,000	35,000
Shares exercised	(89,127)	(146,338)
Shares forfeited or expired	(43,163)	(88,854)
Shares outstanding at end of period	1,495,938	1,495,938
Weighted average exercise price of options outstanding at beginning of period	$ 13.51	$ 13.52
Weighted average exercise price of options granted	13.52	13.52
Weighted average exercise price of options exercised	8.81	6.56
Weighted average exercise price of options forfeited or expired	21.73	24.35
Weighted average exercise price of options outstanding at end of period	$ 13.55	$ 13.55

Stock-Based Compensation (Sto59

Stock-Based Compensation (Stock Option Activity Narrative) (Details) - Jun. 30, 2015 - USD ($) $ in Millions	Total
Share-Based Compensation [Abstract]
Unrecognized share-based compensation expense related to unvested options	$ 1
Amortized over a weighted average period	2 years 9 months 29 days

Stock-Based Compensation (Sched

Stock-Based Compensation (Schedule Of Restricted Stock Award and Restricted Stock Unit Activity) (Details) - Jun. 30, 2015 - $ / shares	Total	Total
Restricted Stock Awards [Member]
Schedule of Restricted Stock Award and Restricted Stock Unit Activity [Line Items]
Nonvested beginning balance	2,494	7,488
Granted	15,987	15,987
Vested	(2,494)	(7,488)
Nonvested ending balance	15,987	15,987
Weighted average grant date fair value beginning balance	$ 15.04	$ 15.61
Weighted average grant date fair value of granted	15.01	15.01
Weighted average grant date fair value of vested	15.04	15.61
Weighted average grant date fair value ending balance	$ 15.01	$ 15.01
Restricted Stock Units [Member]
Schedule of Restricted Stock Award and Restricted Stock Unit Activity [Line Items]
Nonvested beginning balance	3,323,605	1,997,471
Granted	226,042	2,543,476
Vested	(43,287)	(433,528)
Forfeited or expired	(118,807)	(719,866)
Nonvested ending balance	3,387,553	3,387,553
Weighted average grant date fair value beginning balance	$ 10.83	$ 15.78
Weighted average grant date fair value of granted	9.71	10.17
Weighted average grant date fair value of vested	16.52	16.41
Weighted average grant date fair value of forfeited or expired	12.65	22.52
Weighted average grant date fair value ending balance	$ 11.20	$ 11.20

Stock-Based Compensation (Restr

Stock-Based Compensation (Restricted Stock Awards and Restricted Stock Units Activity, Share-Based Compensation) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Schedule of Restricted Stock Award and Restricted Stock Unit Activity [Line Items]
Unrecognized share-based compensation expense related to unvested awards	$ 1,000		$ 1,000
Grant date fair value of vested awards			$ 100	$ 1,000
Amortized over a weighted average period			2 years 9 months 29 days
Time-based Restricted Stock Units [Member]
Schedule of Restricted Stock Award and Restricted Stock Unit Activity [Line Items]
Unrecognized share-based compensation expense related to unvested awards	10,700		$ 10,700
Amortized over a weighted average period			2 years 2 months 16 days
Restricted Stock Awards [Member]
Schedule of Restricted Stock Award and Restricted Stock Unit Activity [Line Items]
Unrecognized share-based compensation expense related to unvested awards	200		$ 200
Grant date fair value of vested awards	0	$ 700
Stock Option Vesting Period			11 months 9 days
Restricted Stock Units [Member]
Schedule of Restricted Stock Award and Restricted Stock Unit Activity [Line Items]
Unrecognized share-based compensation expense related to unvested awards	19,300		$ 19,300
Grant date fair value of vested awards	700	$ 1,700	$ 7,100	$ 8,700
Amortized over a weighted average period			2 years 3 months
Performance-based Restricted Stock Units [Member]
Schedule of Restricted Stock Award and Restricted Stock Unit Activity [Line Items]
Unrecognized share-based compensation expense related to unvested awards	$ 8,600		$ 8,600
Amortized over a weighted average period			2 years 6 months

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Income Taxes [Abstract]
Income tax expense (benefit)	$ 2,562	$ 18,719	$ 2,857	$ 24,076
Income before income taxes	$ 15,988	$ 41,996	$ 13,858	$ 56,477
Effective income tax rate	16.00%	44.60%	20.60%	42.60%
Unrecognized Tax Benefits	$ 4,100		$ 4,100		$ 8,400

Earnings Per Share (Narrative)

Earnings Per Share (Narrative) (Details) - shares shares in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Earnings Per Share [Abstract]
Anti-dilutive options and RSUs not included in the calculation of diluted income (loss) per share	0.7	0.9	0.8	0.9
Percentage of common stock if-converted Series A preferred stock			15.40%
Anti-dilutive Series A preferred shares not included in the calculation of EPS			13.8

Earnings Per Share (Summary Of

Earnings Per Share (Summary Of Basic And Diluted Earnings Per Share) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Earnings Per Share [Abstract]
Net income attributable to common stockholders	$ 9,690	$ 19,523	$ 3,711	$ 25,896
Less: adjustment for income allocated to participating securities	(1,476)	(2,683)	(563)	(3,543)
Net income attributable to common stockholders - basic and diluted	$ 8,214	$ 16,840	$ 3,148	$ 22,353
Weighted average common shares outstanding - basic	76,846	86,887	77,333	87,559
Plus: dilutive effect of stock options and unvested restricted stock units	1,356	912	1,256	1,314
Weighted average common shares outstanding - diluted	78,202	87,799	78,589	88,873
Basic	$ 0.11	$ 0.19	$ 0.04	$ 0.26
Diluted	$ 0.11	$ 0.19	$ 0.04	$ 0.25

Earnings Per Share (Stock Repur

Earnings Per Share (Stock Repurchase Plan Authorizations) (Narrative) (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 26, 2013
Earnings Per Share [Abstract]
Amount authorized for repurchase under share repurchase authorization					$ 350
Number of shares repurchased	1.6	2.3	3.3	3.2
Weighted Average Price Of Shares Repurchased	$ 14.62	$ 14.71	$ 13.03	$ 14.77
Value for shares repurchased	$ 22.7	$ 33.9	$ 42.6	$ 46.9
Amount remaining for repurchase under share repurchase authorization	$ 161.8		$ 161.8

Series A Preferred Stock (Detai

Series A Preferred Stock (Details) - USD ($) $ / shares in Units, $ in Thousands	Jan. 27, 2014	Jun. 30, 2015	Dec. 31, 2014	Jun. 30, 2014
Series A Preferred Stock [Abstract]
Series A preferred shares, issued	200,000	200,000	200,000
Gross purchase price	$ 198,000
Gross purchase price per share	$ 990
Net proceeds from sale of series A preferred stock		$ 182,200
Issuance discount		2,000
Direct issuance expenses		15,800
Accrued dividends		$ 3,000	$ 3,067	$ 3,033

Commitments and Contingencies (

Commitments and Contingencies (Operating Lease Rental Expense) (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Operating Leases Rent Expense [Abstract]
Minimum rentals	[1]	$ 25,106	$ 28,110	$ 49,858	$ 55,649
Contingent rentals		5,927	7,261	8,005	9,684
Less: Sublease rentals		(59)	(243)	(118)	(447)
Total rent expense		30,974	35,128	57,745	64,886
Common area maintenance, parking and storage.		$ 2,400	$ 2,500	$ 4,700	$ 4,900
[1]	Minimum rentals include all lease payments as well as fixed and variable common area maintenance, parking and storage fees, which were approximately $2.4 million and $2.5 million during the three months ended June 30, 2015 and 2014, respectively, and $4.7 million and $4.9 million during the six months ended June 30, 2015 and 2014, respectively

Commitments and Contingencies68

Commitments and Contingencies (Purchase Commitments) (Details) - USD ($) $ in Millions	Jun. 30, 2015	Dec. 31, 2014
Commitments & Contingencies [Abstract]
Purchase commitments with third party manufacturers	$ 123.8	$ 202.3

Operating Segments and Geograph

Operating Segments and Geographic Information (Narrative) (Details) - segment	6 Months Ended	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Operating Segments & Geographic Information [Abstract]
Number of operating segments	3	4

Operating Segments and Geogra70

Operating Segments and Geographic Information (Information Related to Reportable Operating Business Segments) (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Segment Reporting Information [Line Items]
Revenues		$ 345,671	$ 376,920	$ 607,864	$ 689,349
Income from operations		16,349	41,911	13,987	58,733
Foreign currency transaction gain (loss), net		(217)	(220)	277	(2,988)
Interest income		196	403	484	880
Interest expense		(260)	(128)	(479)	(319)
Other income (expense), net		(80)	30	(411)	171
Income before income taxes		15,988	41,996	13,858	56,477
Depreciation and amortization		9,389	11,378	19,108	20,751
Operating Segments [Member]
Segment Reporting Information [Line Items]
Revenues		345,344	377,006	607,312	689,177
Income from operations		69,138	84,709	110,089	139,830
Depreciation and amortization		3,722	5,989	7,711	11,079
Intersegment eliminations [Member]
Segment Reporting Information [Line Items]
Income from operations			15		30
Unallocated corporate and other [Member]
Segment Reporting Information [Line Items]
Income from operations	[1]	(45,899)	(38,224)	(83,808)	(72,782)
Depreciation and amortization	[1]	3,604	3,254	7,346	5,938
Americas [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Revenues		143,119	141,568	248,888	258,688
Income from operations		21,771	24,920	37,149	38,357
Depreciation and amortization		1,950	3,239	3,924	5,687
Asia Pacific [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Revenues		149,557	162,681	249,332	293,596
Income from operations		41,262	47,763	58,597	81,908
Depreciation and amortization		1,128	1,838	2,341	3,578
Europe [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Revenues		52,668	72,757	109,092	136,893
Income from operations		6,105	12,026	14,343	19,565
Depreciation and amortization		644	912	1,446	1,814
Other businesses [Member]
Segment Reporting Information [Line Items]
Revenues		327	(86)	552	172
Income from operations		(6,890)	(4,589)	(12,294)	(8,345)
Depreciation and amortization		$ 2,063	$ 2,135	$ 4,051	$ 3,734
[1]	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.

Legal Proceedings (Legal Tax Pr

Legal Proceedings (Legal Tax Proceedings) (Details) $ in Thousands, MXN in Millions	Jan. 13, 2015USD ($)	Dec. 12, 2014USD ($)	Feb. 25, 2014USD ($)	Mar. 15, 2013MXN	Mar. 15, 2013USD ($)	Jan. 09, 2013MXN	Jan. 09, 2013USD ($)	Oct. 31, 2013USD ($)
Income Tax Examination [Line Items]
Initial assessment for unpaid duties	$ 5,300		$ 11,500
Mexican Federal Tax Authority [Member]
Income Tax Examination [Line Items]
Penalties and interest assessed						MXN 280	$ 22,000
Surety bond				MXN 321	$ 26,000
U.S. Customs and Border Protection [Member]
Income Tax Examination [Line Items]
Unpaid duties								$ 12,400
Offer to settle claims		$ 3,500

Legal Proceedings (Litigation M

Legal Proceedings (Litigation Matters And Other Disputes) (Details) $ in Millions	Jun. 30, 2015USD ($)
Legal Proceedings [Abstract]
Legal Settlement Accrual	$ 5.2
Minimum Reasonably Possible Loss	0
Maximum Reasonably Possible Loss	$ 11.7