XML 101 R41.htm IDEA: XBRL DOCUMENT v2.4.0.6
Stockholders' Equity and Benefit Plans (Tables)
12 Months Ended
Dec. 29, 2012
Stockholders' Equity and Benefit Plans  
Schedule of common stock repurchase activity

The following table reflects the Company's common stock repurchase activity for the periods indicated (in millions):

 
   
   
  For the 2012 Fiscal Year   For the 2011 Fiscal Year  
Fiscal Year
Authorized
  Dollar Value
Authorized
  Termination
Date
  Number of
Shares
Repurchased
  Dollar Value
Repurchased
  Number of
Shares
Repurchased
  Dollar Value
Repurchased
 

2012

  $ 1,000.0   December 2016     0.0   $ 0.0     0.0   $ 0.0  

2010

  $ 30.0   None     0.0   $ 0.0     0.0   $ 0.0  

2010

  $ 750.0   December 2013     3.0   $ 261.3     3.1   $ 270.9  
Summary of the effects of changes in the Company's ownership interest in its subsidiaries on stockholders' equity

The following table summarizes the effects of changes in the Company's ownership interest in its subsidiaries on stockholders' equity (in thousands):

Fiscal Year
  2012   2011   2010  

Net income attributable to Fossil, Inc. 

  $ 343,401   $ 294,702   $ 255,205  
               

Transfers to noncontrolling interest:

                   

Decrease in Fossil, Inc.'s additional paid-in capital for purchases of 49 common shares of Fossil Mexico and 49 common shares of Fossil Servicios

    (7,332 )   0     0  

Decrease in Fossil, Inc.'s additional paid-in capital for purchases of 371 common shares of Fossil Taiwan

    0     0     (711 )
               

Net transfers to noncontrolling interest

    (7,332 )   0     (711 )
               

Change from net income attributable to Fossil, Inc. and transfers to noncontrolling interest

  $ 336,069   $ 294,702   $ 254,494  
               
Schedule Of weighted average assumptions for the stock options and stock appreciation rights grants

 

 

Fiscal Year
  2012   2011   2010  

Risk-free interest rate

    1.1 %   1.1 %   1.4 %

Expected term (in years)

    5.1     4.7     5.8  

Expected volatility

    51.1 %   45.2 %   50.4 %

Expected dividend yield

    0.0 %   0.0 %   0.0 %

Estimated fair value per option/stock appreciation right granted

  $ 56.08   $ 33.10   $ 18.60  
Summary of stock options and stock appreciation rights activity

 

 

Stock Options and Stock Appreciation Rights
  Shares   Weighted-
Average
Exercise Price
  Weighted-
Average
Remaining
Contractual
Term (years)
  Aggregate
Intrinsic
Value
 
 
  in thousands
   
   
  in thousands
 

Outstanding at January 2, 2010

    2,811   $ 21.21     5.3   $ 35,217  

Granted

    325     38.37              

Exercised

    (1,496 )   19.98           47,073  

Forfeited or expired

    (240 )   26.82              
                         

Outstanding at January 1, 2011

    1,400     25.55     5.8     62,889  

Granted

    303     87.73              

Exercised

    (461 )   23.95           33,267  

Forfeited or expired

    (22 )   47.44              
                         

Outstanding at December 31, 2011

    1,220     41.20     5.8     49,125  

Granted

    279     124.61              

Exercised

    (386 )   30.28           32,201  

Forfeited or expired

    (74 )   98.53              
                         

Outstanding at December 29, 2012

    1,039     63.56     6.4     36,708  
                         

Exercisable at December 29, 2012

    400     34.85     4.6     21,988  
                         

Nonvested at December 29, 2012

    639     81.55     7.4     14,720  
                         

Expected to vest

    576   $ 81.55     7.4   $ 13,400  
                         
Summary of stock options and stock appreciation rights outstanding and exercisable

The following table summarizes information with respect to options and stock appreciation rights outstanding and exercisable at December 29, 2012:

Stock Options and Stock Appreciation Rights Outstanding   Stock Options and Stock Appreciation Rights Exercisable  
Range of Exercise Prices
  Number of
Shares
  Weighted-
Average
Exercise
Price
  Weighted-
Average
Remaining
Contractual
Term (Years)
  Number of
Shares
  Weighted-
Average
Exercise
Price
 
 
  in thousands
   
   
  in thousands
   
 

$  11.66 - $  13.15

    4   $ 11.69     0.2     4   $ 11.69  

$  13.15 -    26.29

    271     18.32     4.0     184     20.44  

$  26.29 -    39.44

    256     34.78     5.5     129     33.94  

$  39.44 -    52.58

    32     43.12     5.0     32     43.12  

$  65.73 -    78.88

    7     68.59     8.6     1     69.53  

$  78.88 -    92.02

    209     81.45     7.8     43     81.23  

$  92.02 -  105.17

    3     93.29     5.7     2     93.29  

$118.31 -  131.46

    257     128.02     8.8     5     128.29  
                       

Total

    1,039   $ 63.56     6.4     400   $ 34.85  
                       
Summary of restricted stock and restricted stock unit activity

 

 

Restricted Stock and Restricted Stock Units
  Number of Shares   Weighted-
Average
Grant-Date Fair
Value
 
 
  in thousands
   
 

Nonvested at January 2, 2010

    493   $ 21.54  

Granted

    215     38.83  

Vested

    (150 )   21.66  

Forfeited

    (128 )   25.35  
             

Nonvested at January 1, 2011

    430     29.03  

Granted

    105     86.80  

Vested

    (172 )   29.29  

Forfeited

    (11 )   42.98  
             

Nonvested at December 31, 2011

    352     45.70  

Granted

    102     110.72  

Vested

    (161 )   45.14  

Forfeited

    (16 )   67.62  
             

Nonvested at December 29, 2012

    277     68.69  
             

Expected to vest

    250   $ 68.69