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CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Oct. 01, 2016
Oct. 03, 2015
Oct. 01, 2016
Oct. 03, 2015
Income Statement [Abstract]        
Net sales $ 737,990 $ 771,303 $ 2,083,206 $ 2,236,363
Cost of sales 352,910 353,569 994,039 1,008,439
Gross profit 385,080 417,734 1,089,167 1,227,924
Operating expenses:        
Selling, general and administrative expenses 339,432 338,888 1,013,664 1,003,931
Restructuring charges 14,473 3,141 14,473 21,700
Total operating expenses 353,905 342,029 1,028,137 1,025,631
Operating income 31,175 75,705 61,030 202,293
Interest expense 6,967 5,103 19,386 14,295
Other income (expense) - net 1,591 6,830 6,402 28,310
Income before income taxes 25,799 77,432 48,046 216,308
Provision for income taxes 6,451 17,303 13,230 58,721
Net income 19,348 60,129 34,816 157,587
Less: Net income attributable to noncontrolling interest 1,992 2,595 5,646 7,335
Net income attributable to Fossil Group, Inc. 17,356 57,534 29,170 150,252
Other comprehensive income (loss), net of taxes:        
Currency translation adjustment 1,662 (7,435) 9,383 (35,382)
Cash flow hedges - net change 1,360 (5,258) (4,741) (5,443)
Pension plan activity 0 0 1,714 0
Total other comprehensive income (loss) 3,022 (12,693) 6,356 (40,825)
Total comprehensive income 22,370 47,436 41,172 116,762
Less: Comprehensive income attributable to noncontrolling interest 1,992 2,595 5,646 7,335
Comprehensive income attributable to Fossil Group, Inc. $ 20,378 $ 44,841 $ 35,526 $ 109,427
Earnings per share:        
Basic (in dollars per share) $ 0.36 $ 1.19 $ 0.61 $ 3.06
Diluted (in dollars per share) $ 0.36 $ 1.19 $ 0.60 $ 3.06
Weighted average common shares outstanding:        
Basic (in shares) 48,130 48,153 48,127 49,027
Diluted (in shares) 48,291 48,242 48,286 49,148