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FAIR VALUE MEASUREMENTS (Tables) | 9 Months Ended
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Sep. 30, 2025
Fair Value Disclosures [Abstract] |
Schedule of Fair Value of the Company's Outstanding Borrowings | The carrying value and fair value of our borrowing instruments as of September 30, 2025 and December 31, 2024, were:
| September 30, 2025 |  | December 31, 2024
| Carrying Value |  | Fair Value |  | Carrying Value |  | Fair Value
| (in thousands)
Term Loan B Facility | $ | 500,000 |  |  | $ | 502,813 |  |  | $ | 500,000 |  |  | $ | 503,125 |
2029 Notes | 350,000 |  |  | 335,909 |  |  | 350,000 |  |  | 323,780 |
2031 Notes | 350,000 |  |  | 320,973 |  |  | 350,000 |  |  | 305,610 |
Revolving Facility | 152,000 |  |  | 152,000 |  |  | 190,000 |  |  | 190,000 |
Schedule of Fair Value Measurements, Nonrecurring | The fair values of these assets were determined based on Level 3 measurements, including estimates of the amount and timing of future cash flows based upon historical experience, expected market conditions, and management’s plans. We recorded impairments within ‘Goodwill impairment’ and ‘Asset impairments’ in our condensed consolidated statements of operations as follows:
| Three Months Ended September 30, |  | Nine Months Ended September 30, |  |  |  |  |  |  |  |  |
| 2025 |  | 2024 |  | 2025 |  | 2024 |  |  |  |  |  |  |  |  |  |  |
| (in thousands) |  |  |  |  |  |  |
Indefinite-lived trademark impairment (1) | $ | — |  |  | $ | — |  |  | $ | 430,000 |  |  | $ | — |  |  |  |  |  |  |  |  |  |  |  |
Goodwill impairment (1) | — |  |  | — |  |  | 307,000 |  |  | — |  |  |  |  |  |  |  |  |  |  |  |
Information technology systems impairment (2) | — |  |  | — |  |  | 1,115 |  |  | 18,172 |  |  |  |  |  |  |  |  |  |  |  |
Right-of-use assets impairment (3) | — |  |  | — |  |  | — |  |  | 5,909 |  |  |  |  |  |  |  |  |  |  |  |
Total asset impairments | $ | — |  |  | $ | — |  |  | $ | 738,115 |  |  | $ | 24,081 |  |  |  |  |  |  |  |  |  |  |  |
(1) During the nine months ended September 30, 2025, we recognized impairment charges of $430.0 million and $307.0 million related to our indefinite-lived HEYDUDE trademark and HEYDUDE Brand reporting unit goodwill, respectively. Refer to Note 3 — Goodwill and Intangible Assets, Net for additional information. (2) During the nine months ended September 30, 2025, we recognized an impairment of $1.1 million related to the discontinuation of an information technology project. During the nine months ended September 30, 2024, we recognized an impairment charge for information technology systems related to the HEYDUDE integration of $17.4 million to prepaid assets and $0.8 million to intangible assets. (3) During the nine months ended September 30, 2024, we recognized an impairment of $5.5 million for our former HEYDUDE Brand warehouses in Las Vegas, Nevada, and $0.4 million for our former Crocs Brand warehouse in Oudenbosch, the Netherlands.

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- Definition Tabular disclosure of assets and liabilities by class, including financial instruments measured at fair value that are classified in shareholders' equity, if any, that are measured at fair value on a nonrecurring basis in periods after initial recognition (for example, impaired assets). Disclosures may include, but are not limited to: (a) the fair value measurements recorded and the reasons for the measurements and (b) the level within the fair value hierarchy in which the fair value measurements are categorized in their entirety (levels 1, 2, 3). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
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