XML 76 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Jun. 29, 2013
Dec. 29, 2012
Current assets:    
Cash and cash equivalents $ 313,308 $ 177,236
Securities available for sale 44 127
Accounts receivable - net of allowances of $66,032 and $82,362, respectively 257,668 363,456
Inventories 582,114 506,314
Deferred income tax assets-net 30,868 34,238
Prepaid expenses and other current assets 90,312 62,741
Total current assets 1,274,314 1,144,112
Investments 24 6,965
Property, plant and equipment - net of accumulated depreciation of $283,271 and $262,041, respectively 334,460 335,446
Goodwill 202,205 184,793
Intangible and other assets-net 178,364 170,673
Total long-term assets 715,053 697,877
Total assets 1,989,367 1,841,989
Current liabilities:    
Accounts payable 144,661 149,561
Short-term debt 1,567 2,794
Accrued expenses:    
Compensation 60,407 55,563
Royalties 34,663 53,547
Co-op advertising 15,440 24,500
Transaction taxes 16,762 27,973
Other 57,214 61,575
Income taxes payable 19,166 31,265
Total current liabilities 349,880 406,778
Long-term income taxes payable 10,600 8,662
Deferred income tax liabilities 85,430 79,756
Long-term debt 339,434 75,140
Other long-term liabilities 49,958 31,189
Total long-term liabilities 485,422 194,747
Commitments and contingencies (Note 12)      
Stockholders' equity:    
Common stock, 57,638 and 59,631 shares issued at June 29, 2013 and December 29, 2012, respectively 576 596
Additional paid-in capital 145,167 138,097
Retained earnings 984,768 1,066,082
Accumulated other comprehensive income 16,814 28,760
Total Fossil Group, Inc. stockholders' equity 1,147,325 1,233,535
Noncontrolling interest 6,740 6,929
Total stockholders' equity 1,154,065 1,240,464
Total liabilities and stockholders' equity $ 1,989,367 $ 1,841,989