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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Jul. 01, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 319,824 $ 297,330
Accounts receivable - net of allowances of $57,097 and $79,707, respectively 240,401 375,520
Inventories 618,070 542,487
Prepaid expenses and other current assets 126,488 131,953
Total current assets 1,304,783 1,347,290
Property, plant and equipment - net of accumulated depreciation of $440,155 and $414,761, respectively 255,778 273,851
Goodwill 0 355,263
Intangible and other assets-net 215,411 210,493
Total long-term assets 471,189 839,607
Total assets 1,775,972 2,186,897
Current liabilities:    
Accounts payable 163,538 163,644
Short-term and current portion of long-term debt 32,719 26,368
Accrued expenses:    
Compensation 57,287 52,993
Royalties 17,957 30,062
Co-op advertising 17,536 29,111
Transaction taxes 28,536 26,743
Other 77,166 69,565
Income taxes payable 19,361 16,099
Total current liabilities 414,100 414,585
Long-term income taxes payable 19,064 18,584
Deferred income tax liabilities 507 55,877
Long-term debt 613,580 609,961
Other long-term liabilities 73,907 72,452
Total long-term liabilities 707,058 756,874
Commitments and contingencies (Note 13)
Stockholders’ equity:    
Common stock, 48,511 and 48,269 shares issued and outstanding at July 1, 2017 and December 31, 2016, respectively 485 483
Additional paid-in capital 227,778 213,352
Retained earnings 494,927 887,825
Accumulated other comprehensive income (loss) (80,161) (95,424)
Total Fossil Group, Inc. stockholders’ equity 643,029 1,006,236
Noncontrolling interest 11,785 9,202
Total stockholders’ equity 654,814 1,015,438
Total liabilities and stockholders’ equity $ 1,775,972 $ 2,186,897