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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS) AND COMPREHENSIVE INCOME (LOSS) (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 29, 2018
Sep. 30, 2017
Sep. 29, 2018
Sep. 30, 2017
Income Statement [Abstract]        
Net sales $ 608,827 $ 688,722 $ 1,754,566 $ 1,867,358
Cost of sales 282,295 368,829 831,333 956,600
Gross profit 326,532 319,893 923,233 910,758
Operating expenses:        
Selling, general and administrative expenses 297,804 314,623 879,694 937,330
Goodwill and trade name impairments 0 0 6,212 407,128
Restructuring charges 6,075 5,769 41,942 41,818
Total operating expenses 303,879 320,392 927,848 1,386,276
Operating income (loss) 22,653 (499) (4,615) (475,518)
Interest expense 9,899 12,070 31,658 32,096
Other income (expense) - net (2,895) 3,860 (5,338) 11,501
Income (loss) before income taxes 9,859 (8,709) (41,611) (496,113)
Provision for income taxes 3,937 (3,230) 7,209 (100,746)
Net income (loss) 5,922 (5,479) (48,820) (395,367)
Less: Net income (loss) attributable to noncontrolling interests 916 (80) 2,247 2,931
Net income (loss) attributable to Fossil Group, Inc. 5,006 (5,399) (51,067) (398,298)
Other comprehensive income (loss), net of taxes:        
Currency translation adjustment (1,380) 5,222 (8,136) 32,078
Cash flow hedges - net change 2,704 (9,771) 15,897 (21,364)
Total other comprehensive income (loss) 1,324 (4,549) 7,761 10,714
Total comprehensive income (loss) 7,246 (10,028) (41,059) (384,653)
Less: Comprehensive income attributable to noncontrolling interests 916 (80) 2,247 2,931
Comprehensive income (loss) attributable to Fossil Group, Inc. $ 6,330 $ (9,948) $ (43,306) $ (387,584)
Earnings (loss) per share:        
Basic (in dollars per share) $ 0.10 $ (0.11) $ (1.04) $ (8.22)
Diluted (in dollars per share) $ 0.10 $ (0.11) $ (1.04) $ (8.22)
Weighted average common shares outstanding:        
Basic (in shares) 49,381 48,521 49,107 48,439
Diluted (in shares) 50,659 48,521 49,107 48,439