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STOCKHOLDERS' EQUITY | 6 Months Ended
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Jun. 30, 2018
Stockholders' Equity Note [Abstract] |
STOCKHOLDERS' EQUITY | STOCKHOLDERS’ EQUITY Common Stock Repurchase Programs. Purchases of the Company’s common stock are made from time to time pursuant to its repurchase programs, subject to market conditions and at prevailing market prices, through the open market. Repurchased shares of common stock are recorded at cost and become authorized but unissued shares which may be issued in the future for general corporate or other purposes. The Company may terminate or limit its stock repurchase program at any time. In the event the repurchased shares are canceled, the Company accounts for retirements by allocating the repurchase price to common stock, additional paid-in capital and retained earnings. The repurchase price allocation is based upon the equity contribution associated with historical issuances. The repurchase programs are conducted pursuant to Rule 10b-18 of the Securities Exchange Act of 1934. At December 30, 2017 and June 30, 2018, all treasury stock had been effectively retired. As of June 30, 2018, the Company had $824.2 million of repurchase authorizations remaining under its combined repurchase programs. The Company is currently prohibited by the terms of its Credit Agreement (as defined in Note 14) from repurchasing additional shares of common stock and did not repurchase any common stock under its authorized stock repurchase plans during the Second Quarter, Prior Year Quarter, Year To Date Period or Prior Year YTD Period. Controlling and Noncontrolling Interest. 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) | (56,073 | ) |  | 1,331 |  |  | (54,742 | )
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 | (6,756 | ) |  | — |  |  | (6,756 | )
Cash flow hedges - net change | 13,193 |  |  | — |  |  | 13,193 |
Common stock issued upon exercise of stock options | 185 |  |  | — |  |  | 185 |
Distribution of noncontrolling interest earnings and other | 42 |  |  | (4,266 | ) |  | (4,224 | )
Net settlement of restricted stock units and preferred stock units to satisfy employee tax withholding upon vesting | (1,925 | ) |  | — |  |  | (1,925 | )
Stock-based compensation expense | 16,711 |  |  | — |  |  | 16,711 |
Balance at June 30, 2018 | $ | 514,968 |  |  | $ | 1,879 |  |  | $ | 516,847 |
| 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) | (392,898 | ) |  | 3,010 |  |  | (389,888 | )
Currency translation adjustment | 26,856 |  |  | — |  |  | 26,856 |
Cash flow hedges - net change | (11,593 | ) |  | — |  |  | (11,593 | )
Distribution of noncontrolling interest earnings | — |  |  | (427 | ) |  | (427 | )
Net settlement of restricted grants, restricted stock units and preferred stock units to satisfy employee tax withholding upon vesting | (907 | ) |  | — |  |  | (907 | )
Stock-based compensation expense | 15,335 |  |  | — |  |  | 15,335 |
Balance at July 1, 2017 | $ | 643,029 |  |  | $ | 11,785 |  |  | $ | 654,814 |
The Company has entered into an agreement to purchase the outstanding minority interest shares in Fossil Accessories South Africa Pty. Ltd. (‘‘Fossil South Africa’’), representing the entire noncontrolling interest in the subsidiary. The purchase price is based on variable payments through fiscal year 2021, assuming the put option is exercised by the seller each year. The Company made payments of $1.5 million during the Year To Date Period towards the purchase price. The present value of the purchase price is $4.0 million as of June 30, 2018. The transaction was accounted for as an equity transaction. The Company recorded $1.5 million of the variable consideration in accrued expenses-other and $2.5 million in other long-term liabilities in the consolidated balance sheets at June 30, 2018.

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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI http://asc.fasb.org/topic&trid=2208762 + Details
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