ACQUISITIONS, DIVESTITURE AND GOODWILL (Tables)

9 Months Ended

Sep. 28, 2013

ACQUISITIONS, DIVESTITURE AND GOODWILL

Schedule of recognized identified assets acquired and liabilities assumed

The following table summarizes the allocation of the purchase price to the fair value of the assets acquired and the liabilities assumed as of April 2, 2012, the effective date of the acquisition (in thousands):

Cash paid, net of cash acquired	$	229,012
Value of common stock issued	19,899
Contingent consideration	9,950
Total transaction consideration:	$	258,861
Accounts receivable	$	16,595
Inventories	22,638
Prepaid expenses and other current assets	3,306
Property, plant and equipment	4,232
Goodwill	140,387
Trade name	64,700
Customer lists	24,400
Patents	1,500
Noncompete agreement	1,900
Other long-term assets	2,972
Current liabilities	(20,840		)
Long-term liabilities	(2,929		)
Total net assets acquired	$	258,861

Pro forma financial information

The following table presents the unaudited pro forma financial information (in thousands, except per share data):

	For the 39 Weeks Ended September 29, 2012

Net sales	$	1,940,251
Net income attributable to Fossil Group, Inc.	197,861
Earnings per share:
Basic	$	3.23
Diluted	$	3.20

Schedule of changes in the carrying amount of goodwill

The changes in the carrying amount of goodwill, which is not subject to amortization, were as follows (in thousands):

	North America wholesale			Europe wholesale		Asia Pacific wholesale			Total
Balance at December 29, 2012	$	109,270		$	63,884	$	11,639		$	184,793
Acquisitions	8,265			10,641		0			18,906
Foreign currency changes	(19		)	1,322		(27		)	1,276
Balance at September 28, 2013	$	117,516		$	75,847	$	11,612		$	204,975