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