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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
 6 Months Ended
Jul. 04, 2020
Jun. 29, 2019
Operating Activities:    
Net Income (loss) $ (108,404) $ (18,371)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation, amortization and accretion 22,867 28,312
Non-cash lease expense 56,159 60,915
Stock-based compensation 5,977 9,627
Decrease in allowance for returns and markdowns (11,364) (19,085)
Property, plant and equipment and other long-lived asset impairment losses 20,335 2,560
Trade name impairment losses 2,464 0
Non-cash restructuring charges 1,409 4,621
Bad debt expense 5,456 273
Other non-cash items (468) (2,369)
Gain on asset divestitures 0 (23,134)
Changes in operating assets and liabilities:    
Accounts receivable 148,234 130,494
Inventories 69,763 (82,173)
Prepaid expenses and other current assets 16,135 (4,197)
Accounts payable (44,262) 10,637
Accrued expenses (17,022) (74,773)
Income taxes (92,994) 3,494
Operating lease liabilities (62,654) (52,934)
Net cash provided by (used in) operating activities 11,631 (26,103)
Investing Activities:    
Additions to property, plant and equipment (5,648) (10,511)
Increase in intangible and other assets (1,256) (1,910)
Proceeds from the sale of property, plant and equipment 76 1,235
Proceeds from asset divestitures 0 41,570
Net cash (used in) provided by investing activities (6,828) 30,384
Financing Activities:    
Acquisition of common stock for employee tax withholdings (699) (3,879)
Distribution of noncontrolling interest earnings 0 (3,791)
Debt borrowings 297,040 3,552
Debt payments (227,741) (173,396)
Payment for shares of Fossil Accessories South Africa Pty. Ltd. 0 (1,045)
Debt issuance costs and other (10,000) 124
Net cash provided by (used in) financing activities 58,600 (178,435)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash 13,556 (2,242)
Net increase (decrease) in cash, cash equivalents, and restricted cash 76,959 (176,396)
Cash, cash equivalents, and restricted cash:    
Beginning of period 207,749 410,883
End of period $ 284,708 $ 234,487