XML 18 R12.htm IDEA: XBRL DOCUMENT

Controlling and Noncontrolling Interest

6 Months Ended

Jul. 02, 2011

7. CONTROLLING AND NONCONTROLLING INTEREST

The following tables summarize the changes in equity attributable to controlling and noncontrolling interest (in thousands):


	Fossil, Inc. Stockholders Equity			Noncontrolling Interest			Total Stockholders Equity
Balance at January 1, 2011	$	1,044,118		$	7,590		$	1,051,708

Net income		107,182			4,914			112,096
Currency translation adjustments		29,907			0			29,907
Unrealized loss on securities available for sale		(248	)		0			(248	)
Forward contracts hedging intercompany foreign currency payments - change in fair values		(6,870	)		0			(6,870	)
Common stock issued upon exercise of stock options and stock appreciation rights		7,728			0			7,728
Tax benefit derived from stock-based compensation		9,333			0			9,333
Distribution of noncontrolling interest earnings		0			(3,772	)		(3,772	)
Common stock forfeitures put to treasury		(5,319	)		0			(5,319	)
Acquisition of common stock		(155,350	)		0			(155,350	)
Stock-based compensation expense		5,910			0			5,910

Balance at July 2, 2011	$	1,036,391		$	8,732		$	1,045,123


	Fossil, Inc. Stockholders Equity			Noncontrolling Interest			Total Stockholders Equity
Balance at January 2, 2010	$	962,781		$	5,631		$	968,412

Net income		90,392			3,863			94,255
Currency translation adjustments		(35,191	)		21			(35,170	)
Unrealized gain on securities available for sale		298			0			298
Unrealized gain on forward contracts		9,457			0			9,457
Common stock issued upon exercise of stock options and stock appreciation rights		9,544			0			9,544
Tax benefit derived from stock-based compensation		2,975			0			2,975
Distribution of noncontrolling interest earnings		0			(4,272	)		(4,272	)
Common stock forfeitures put to treasury		(1,910	)		0			(1,910	)
Repurchase of common stock		(11,157	)		0			(11,157	)
Stock-based compensation expense		4,500			0			4,500

Balance at July 3, 2010	$	1,031,689		$	5,243		$	1,036,932