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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 29, 2012
Oct. 01, 2011
Sep. 29, 2012
Oct. 01, 2011
Net sales $ 684,170 $ 642,910 $ 1,909,807 $ 1,736,546
Cost of sales 302,646 283,381 842,942 763,229
Gross profit 381,524 359,529 1,066,865 973,317
Operating expenses:        
Selling and distribution 193,276 172,208 570,979 495,198
General and administrative 75,161 68,512 211,841 180,492
Total operating expenses 268,437 240,720 782,820 675,690
Operating income 113,087 118,809 284,045 297,627
Interest expense 1,437 447 3,680 1,321
Other income (expense)-net 2,211 (6,551) 6,185 (13,549)
Income before income taxes 113,861 111,811 286,550 282,757
Provision for income taxes 33,984 39,307 85,213 98,156
Net income 79,877 72,504 201,337 184,601
Less: Net income attributable to noncontrolling interest 3,086 2,895 9,068 7,809
Net income attributable to Fossil, Inc. 76,791 69,609 192,269 176,792
Other comprehensive income (loss), net of taxes:        
Currency translation adjustment 12,249 (26,112) 6,639 3,795
Unrealized (loss) gain on securities available for sale (4) (309) 25 (556)
Forward contracts hedging intercompany foreign currency payments-change in fair values (1,983) 11,985 (1,075) 5,115
Total other comprehensive income (loss) 10,262 (14,436) 5,589 8,354
Total comprehensive income 90,139 58,068 206,926 192,955
Less: Comprehensive income attributable to noncontrolling interest 3,086 2,895 9,068 7,809
Comprehensive income attributable to Fossil, Inc. $ 87,053 $ 55,173 $ 197,858 $ 185,146
Earnings per share:        
Basic (in dollars per share) $ 1.27 $ 1.10 $ 3.13 $ 2.78
Diluted (in dollars per share) $ 1.26 $ 1.09 $ 3.11 $ 2.75
Weighted average common shares outstanding:        
Basic (in shares) 60,573 63,176 61,342 63,542
Diluted (in shares) 60,955 63,809 61,804 64,241