XML 26 R47.htm IDEA: XBRL DOCUMENT
v2.4.0.8

DERIVATIVES AND RISK MANAGEMENT (Details) | 3 Months Ended |  | 3 Months Ended
--- | --- | --- | ---
Apr. 05, 2014 USD ($) | Mar. 30, 2013 USD ($) | Apr. 05, 2014 Forward Contracts Amount Reclassified from AOCI USD ($) | Mar. 30, 2013 Forward Contracts Amount Reclassified from AOCI USD ($) | Apr. 05, 2014 Foreign exchange forward contracts Net Investment Hedges EUR (€) | Apr. 05, 2014 Foreign exchange forward contracts Designated Euro USD ($) | Apr. 05, 2014 Foreign exchange forward contracts Designated Euro EUR (€) | Apr. 05, 2014 Foreign exchange forward contracts Designated British Pound USD ($) | Apr. 05, 2014 Foreign exchange forward contracts Designated British Pound GBP (£) | Apr. 05, 2014 Foreign exchange forward contracts Designated Canadian Dollar USD ($) | Apr. 05, 2014 Foreign exchange forward contracts Designated Canadian Dollar CAD | Apr. 05, 2014 Foreign exchange forward contracts Designated Japanese Yen USD ($) | Apr. 05, 2014 Foreign exchange forward contracts Designated Japanese Yen JPY (¥) | Apr. 05, 2014 Foreign exchange forward contracts Designated Australian Dollar USD ($) | Apr. 05, 2014 Foreign exchange forward contracts Designated Australian Dollar AUD | Apr. 05, 2014 Foreign exchange forward contracts Designated Mexican Peso USD ($) | Apr. 05, 2014 Foreign exchange forward contracts Designated Mexican Peso MXN | Apr. 05, 2014 Interest rate swap Designated | Apr. 05, 2014 Interest rate swap Term loan Designated USD ($)
DERIVATIVES AND RISK MANAGEMENT |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Maximum period of future intercompany purchases | 18 months |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Forecasted purchases to manage fluctuations (as a percent) | 65.00% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Hedges resulted ineffectiveness | $ 0 | $ 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Derivatives |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Gains or losses reclassified into earnings | 66,343,000 | 72,186,000 | 0 | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Notional amount |  |  |  |  |  | 238,300,000 | 176,500,000 | 33,400,000 | 21,000,000 | 28,500,000 | 30,500,000 | 23,400,000 | 2,312,000,000 | 11,800,000 | 13,200,000 | 11,000,000 | 145,700,000 |  |
Term of interest rate swap agreement |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5 years |
Fixed interest rate swap (as a percent) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.288% |
Description of base rate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1-month LIBOR-
Hedged amount |  |  |  |  | € 25,000,000 |  |  |  |  |  |  |  |  |  |  |  |  |  | $ 250,000,000

X
- Definition Maximum percentage of cash flow hedge coverage as defined by policy. + References No definition available. + Details
Name: | fosl_CashFlowHedgeCoveragePercentage
Namespace Prefix: | fosl_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Aggregate notional amount specified by the derivative(s). Expressed as an absolute value. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Article 12 -Section 13 -Sentence Column B + Details
Name: | invest_DerivativeNotionalAmount
Namespace Prefix: | invest_
Data Type: | xbrli:monetaryItemType
Balance Type: | na
Period Type: | instant

X
- Definition The reference rate for the variable rate of the debt instrument, such as LIBOR or the US Treasury rate and the maturity of the reference rate used, such as three months or six months LIBOR. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentDescriptionOfVariableRateBasis
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of the hedged item as of the balance sheet date related to the derivative. For example, the hedged balance on a debt instrument. + References No definition available. + Details
Name: | us-gaap_DerivativeAmountOfHedgedItem
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | na
Period Type: | instant

X
- Definition Fixed interest rate related to the interest rate derivative. + References No definition available. + Details
Name: | us-gaap_DerivativeFixedInterestRate
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition High end period remaining until maturity for the derivative contract, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. + References No definition available. + Details
Name: | us-gaap_DerivativeHigherRemainingMaturityRange1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The portion of gains and losses (net) on derivative instruments designated and qualifying as hedging instruments representing (a) the amount of the hedge ineffectiveness and (b) the amount, if any, excluded from the assessment of hedge effectiveness. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5624171-113959 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 25 -Section 50 -Paragraph 1 -Subparagraph (a)(1),(2) -URI http://asc.fasb.org/extlink&oid=6886632&loc=d3e76258-113986 + Details
Name: | us-gaap_DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Details
Name: | us-gaap_DerivativeLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Period remaining until the derivative contract matures, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. + References No definition available. + Details
Name: | us-gaap_DerivativeRemainingMaturity1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Net income after adjustments for dividends on preferred stock (declared in the period) and/or cumulative preferred stock (accumulated for the period). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1377-109256 + Details
Name: | us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration