The behavior described by Sigi seems to be logical because you can set anchor points in the cropped area when using the Horizon or perspective tool.
In your screen capture, none of these tools is enabled but at the window bottom, the "Show cropped area " option is enabled . By the way, I don’t see this option in the Windows version [DPL 7].
I must have been blind - completely missed that.
But the problem is still there to a certain degree. If I click on “Repair” the expected ressult would be to see the cropped image only and not the full image with the cropped rectangle. I do not see any check box enabled here:
If you click on Reset (not Repair) while in Local Adjustments mode, I guess that this resets the local changes only. I can’t say, I don’t have a Mac handy.