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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Oct. 01, 2016
Jan. 02, 2016
Current assets:    
Cash and cash equivalents $ 235,952 $ 289,275
Accounts receivable - net of allowances of $61,611 and $84,558, respectively 321,289 370,761
Inventories 699,648 625,344
Prepaid expenses and other current assets 132,731 157,290
Total current assets 1,389,620 1,442,670
Property, plant and equipment - net of accumulated depreciation of $422,126 and $398,068, respectively 290,757 326,370
Goodwill 364,647 359,394
Intangible and other assets-net 212,586 227,227
Total long-term assets 867,990 912,991
Total assets 2,257,610 2,355,661
Current liabilities:    
Accounts payable 193,560 208,083
Short-term and current portion of long-term debt 26,382 23,159
Accrued expenses:    
Compensation 60,928 61,496
Royalties 25,756 38,359
Co-op advertising 16,242 28,918
Transaction taxes 25,564 44,425
Other 75,704 76,592
Income taxes payable 0 8,497
Total current liabilities 424,136 489,529
Long-term income taxes payable 20,912 20,634
Deferred income tax liabilities 60,693 75,165
Long-term debt 697,409 785,076
Other long-term liabilities 69,541 52,714
Total long-term liabilities 848,555 933,589
Commitments and contingencies (Note 13)
Stockholders’ equity:    
Common stock, 48,131 and 48,125 shares issued and outstanding at October 1, 2016 and January 2, 2016, respectively 481 481
Additional paid-in capital 208,203 187,456
Retained earnings 838,127 813,957
Accumulated other comprehensive income (loss) (74,150) (80,506)
Total Fossil Group, Inc. stockholders’ equity 972,661 921,388
Noncontrolling interest 12,258 11,155
Total stockholders’ equity 984,919 932,543
Total liabilities and stockholders’ equity $ 2,257,610 $ 2,355,661