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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 30, 2013
Mar. 31, 2012
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME    
Net sales $ 680,899 $ 589,533
Cost of sales 302,428 260,553
Gross profit 378,471 328,980
Operating expenses:    
Selling and distribution 203,189 181,438
General and administrative 80,961 64,681
Total operating expenses 284,150 246,119
Operating income 94,321 82,861
Interest expense 1,231 814
Other income-net 9,784 2,549
Income before income taxes 102,874 84,596
Provision for income taxes 28,894 23,524
Net income 73,980 61,072
Less: Net income attributable to noncontrolling interest 1,794 2,932
Net income attributable to Fossil, Inc. 72,186 58,140
Other comprehensive (loss) income, net of taxes:    
Currency translation adjustment (19,837) 10,071
Unrealized (loss) gain on securities available for sale (71) 50
Forward contracts hedging intercompany foreign currency payments-change in fair values 3,391 (1,349)
Total other comprehensive (loss) income (16,517) 8,772
Total comprehensive income 57,463 69,844
Less: Comprehensive income attributable to noncontrolling interest 1,794 2,932
Comprehensive income attributable to Fossil, Inc. $ 55,669 $ 66,912
Earnings per share:    
Basic (in dollars per share) $ 1.22 $ 0.94
Diluted (in dollars per share) $ 1.21 $ 0.93
Weighted average common shares outstanding:    
Basic (in shares) 59,393 61,859
Diluted (in shares) 59,783 62,459