The following tables summarize the changes in equity attributable to controlling and noncontrolling interest (in thousands):



	Fossil Group, Inc. Stockholders’ Equity			Noncontrolling Interest			Total Stockholders’ Equity
Balance at December 30, 2017	$	576,133		$	4,814		$	580,947
Net income (loss)	(48,273		)	768			(47,505		)
Cumulative effect of change in accounting principle, net of tax of $1.1 million (See Note 2—Revenue)	(26,542		)	—			(26,542		)
Currency translation adjustment	12,301			—			12,301
Cash flow hedges - net change	(1,157		)	—			(1,157		)
Distribution of noncontrolling interest earnings and other	42			(475		)	(433		)
Net settlement of restricted stock units and preferred stock units to satisfy employee tax withholding upon vesting	(855		)	—			(855		)
Stock-based compensation expense	9,799			—			9,799
Balance at March 31, 2018	$	521,448		$	5,107		$	526,555



	Fossil Group, Inc. Stockholders’ Equity			Noncontrolling Interest			Total Stockholders’ Equity
Balance at December 31, 2016	$	1,006,236		$	9,202		$	1,015,438
Net income (loss)	(48,186		)	1,397			(46,789		)
Currency translation adjustment	10,395			—			10,395
Cash flow hedges - net change	(2,001		)	—			(2,001		)
Distribution of noncontrolling interest earnings	—			(183		)	(183		)
Net settlement of restricted grants, restricted stock units and preferred stock units to satisfy employee tax withholding upon vesting	(882		)	—			(882		)
Stock-based compensation expense	6,336			—			6,336
Balance at April 1, 2017	$	971,898		$	10,416		$	982,314