XML 39 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Apr. 05, 2014
Dec. 28, 2013
Current assets:    
Cash and cash equivalents $ 303,418 $ 320,479
Accounts receivable - net of allowances of $71,817 and $74,841, respectively 290,089 454,762
Inventories 601,862 570,719
Deferred income tax assets-net 46,596 46,986
Prepaid expenses and other current assets 124,432 86,516
Total current assets 1,366,397 1,479,462
Property, plant and equipment - net of accumulated depreciation of $331,297 and $314,787,respectively 356,755 355,666
Goodwill 206,665 206,954
Intangible and other assets-net 184,511 188,332
Total long-term assets 747,931 750,952
Total assets 2,114,328 2,230,414
Current liabilities:    
Accounts payable 144,411 165,433
Short-term debt 13,600 13,443
Accrued expenses:    
Compensation 61,253 80,573
Royalties 27,850 65,117
Co-op advertising 14,968 25,599
Transaction taxes 21,213 35,134
Other 78,163 79,860
Income taxes payable 28,827 26,747
Total current liabilities 390,285 491,906
Long-term income taxes payable 16,576 15,720
Deferred income tax liabilities 97,748 98,168
Long-term debt 528,345 494,711
Other long-term liabilities 56,163 54,542
Total long-term liabilities 698,832 663,141
Commitments and contingencies (Note 13)      
Stockholders' equity:    
Common stock, 53,798 and 54,708 shares issued at April 5, 2014 and December 28, 2013, respectively 538 547
Additional paid-in capital 157,886 154,376
Retained earnings 826,865 877,063
Accumulated other comprehensive income 35,805 36,691
Total Fossil Group, Inc. stockholders' equity 1,021,094 1,068,677
Noncontrolling interest 4,117 6,690
Total stockholders' equity 1,025,211 1,075,367
Total liabilities and stockholders' equity $ 2,114,328 $ 2,230,414