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Financial Statement Policies (Tables)

9 Months Ended

Oct. 01, 2011

Financial Statement Policies [Abstract]

Fair Value On A Recurring Basis

		Fair Value at October 1, 2011
		Level 1				Level 2				Level 3				Total
Assets:
Securities available for sale:
Investments in bonds		$	8,165			$	0			$	0			$	8,165
Investment in publicly traded equity securities			255				0				0				255
Foreign exchange forward contracts			0				7,497				0				7,497
Deferred compensation plan assets:
Investment in publicly traded mutual funds			2,813				0				0				2,813
Total		$	11,233			$	7,497			$	0			$	18,730
Liabilities:
Foreign exchange forward contracts		$	0			$	6,171			$	0			$	6,171
Total		$	0			$	6,171			$	0			$	6,171
		Fair Value at January 1, 2011
		Level 1				Level 2				Level 3				Total
Assets:
Securities available for sale:
Investments in bonds		$	7,705			$	0			$	0			$	7,705
Investment in publicly traded equity securities			1,159				0				0				1,159
Foreign exchange forward contracts			0				1,628				0				1,628
Deferred compensation plan assets:
Investment in publicly traded mutual funds			3,295				0				0				3,295
Total		$	12,159			$	1,628			$	0			$	13,787
Liabilities:
Foreign exchange forward contracts		$	0			$	10,222			$	0			$	10,222
Total		$	0			$	10,222			$	0			$	10,222

Earnings Per Share ("EPS")

		For the 13 Weeks Ended								For the 39 Weeks Ended
		October 1, 2011				October 2, 2010				October 1, 2011				October 2, 2010
Numerator:
Net income attributable to Fossil, Inc.		$	69,609			$	68,156			$	176,792			$	158,548
Denominator:
Basic EPS computation:
Basic weighted average common shares outstanding			63,176				67,071				63,542				67,171
Basic EPS		$	1.10			$	1.02			$	2.78			$	2.36
Diluted EPS computation:
Basic weighted average common shares outstanding			63,176				67,071				63,542				67,171
Stock options, stock appreciation rights and restricted stock units			633				907				699				889
Diluted weighted average common shares outstanding			63,809				67,978				64,241				68,060
Diluted EPS		$	1.09			$	1.00			$	2.75			$	2.33

Goodwill

		North								Asia
		America				Europe				Pacific				Direct to
		Wholesale				Wholesale				Wholesale				Consumer				Total
Balance at January 1, 2011		$	23,838			$	18,120			$	2,614			$	0			$	44,572
Foreign currency changes			(228	)			140				(58	)			0				(146	)
Balance at October 1, 2011		$	23,610			$	18,260			$	2,556			$	0			$	44,426

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Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

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Tabular disclosure of the numerators and the denominators of the basic and diluted per-share (or per-unit) computations for income from continuing operations, including the effect that has been given to preferred dividends.

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Tabular disclosure of goodwill by reportable segment and in total. Disclosure details may include, but are not limited to, the carrying amount of goodwill, goodwill acquired during the year, goodwill impairment losses recognized, goodwill written-off due to the sale of a business unit, goodwill not yet allocated, and any other changes to goodwill.

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