XML 39 R52.htm IDEA: XBRL DOCUMENT v2.4.0.6
Acquisitions and Goodwill (Details 2) (USD $)
 12 Months Ended
Dec. 29, 2012
Dec. 31, 2011
Apr. 02, 2012
Minimum Range
      
Allocation of purchase price:      
Amortization period 3 years    
Maximum Range
      
Allocation of purchase price:      
Amortization period 20 years    
Customer lists | Minimum Range
      
Allocation of purchase price:      
Amortization period 5 years    
Customer lists | Maximum Range
      
Allocation of purchase price:      
Amortization period 9 years    
Patents | Minimum Range
      
Allocation of purchase price:      
Amortization period 3 years    
Patents | Maximum Range
      
Allocation of purchase price:      
Amortization period 20 years    
Noncompete agreement
      
Allocation of purchase price:      
Amortization period 6 years    
Skagen Designs
      
Allocation of purchase price:      
Cash paid, net of cash acquired     $ 229,012,000
Value of common stock issued     19,899,000
Contingent Consideration     9,950,000
Total transaction consideration:     258,861,000
Accounts receivable     16,595,000
Inventories     22,638,000
Prepaid expenses and other current assets     3,306,000
Property, plant & equipment     4,232,000
Goodwill     140,387,000
Other long-term assets     2,972,000
Current liabilities     (20,840,000)
Long-term liabilities     (2,929,000)
Total net assets acquired     258,861,000
Goodwill expected to be deductible for tax purposes 133,800,000    
Business acquisition Pro Forma information      
Net sales 2,887,951,000 2,687,162,000  
Net income attributable to Fossil, Inc. 350,010,000 300,739,000  
Basic (in dollars per share) $ 5.74 $ 4.75  
Diluted (in dollars per share) $ 5.70 $ 4.70  
Skagen Designs | Customer lists
      
Allocation of purchase price:      
Intangible assets     24,400,000
Skagen Designs | Customer lists | Minimum Range
      
Allocation of purchase price:      
Amortization period 5 years    
Skagen Designs | Customer lists | Maximum Range
      
Allocation of purchase price:      
Amortization period 9 years    
Skagen Designs | Patents
      
Allocation of purchase price:      
Intangible assets     1,500,000
Amortization period 3 years    
Skagen Designs | Noncompete agreement
      
Allocation of purchase price:      
Intangible assets     1,900,000
Amortization period 6 years    
Skagen Designs | Tradename
      
Allocation of purchase price:      
Tradename     $ 64,700,000