XML 87 R71.htm IDEA: XBRL DOCUMENT
v3.20.4

Derivatives and Risk Management - Cash Flow Hedges (Details) € in Millions, ¥ in Millions, £ in Millions, $ in Millions, $ in Millions, $ in Millions | 12 Months Ended |
--- | --- | ---
Jan. 02, 2021 USD ($) | Dec. 28, 2019 USD ($) | Jan. 02, 2021 EUR (€) | Jan. 02, 2021 CAD ($) | Jan. 02, 2021 GBP (£) | Jan. 02, 2021 MXN ($) | Jan. 02, 2021 JPY (¥) | Jan. 02, 2021 AUD ($)
Derivative [Line Items] |  |  |  |  |  |  |  |
Cash flow hedge gain (loss) reclassified into earnings | $ 0 | $ 0 |  |  |  |  |  |
Cash Flow Hedges |  |  |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |  |  |
Maximum period of future intercompany purchases | 24 months |  |  |  |  |  |  |
Percentage of forecasted purchases to manage fluctuations in global currencies (up to) | 85.00% |  | 85.00% | 85.00% | 85.00% | 85.00% | 85.00% | 85.00%
Cash Flow Hedges | Designated as cash flow hedges | Forward contracts | Euro |  |  |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |  |  |
Notional amount | $ 98,200,000 |  | € 81.3 |  |  |  |  |
Cash Flow Hedges | Designated as cash flow hedges | Forward contracts | Canadian dollar |  |  |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |  |  |
Notional amount | 17,100,000 |  |  | $ 22.0 |  |  |  |
Cash Flow Hedges | Designated as cash flow hedges | Forward contracts | British pound |  |  |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |  |  |
Notional amount | 11,800,000 |  |  |  | £ 8.8 |  |  |
Cash Flow Hedges | Designated as cash flow hedges | Forward contracts | Mexican peso |  |  |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |  |  |
Notional amount | 10,900,000 |  |  |  |  | $ 218.8 |  |
Cash Flow Hedges | Designated as cash flow hedges | Forward contracts | Japanese yen |  |  |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |  |  |
Notional amount | 9,500,000 |  |  |  |  |  | ¥ 985.6 |
Cash Flow Hedges | Designated as cash flow hedges | Forward contracts | Australian dollar |  |  |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |  |  |
Notional amount | 5,500,000 |  |  |  |  |  |  | $ 7.2
Cash Flow Hedges | Designated as cash flow hedges | Forward contracts | U.S. dollar |  |  |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |  |  |
Notional amount | $ 3,200,000 |  |  |  |  |  | ¥ 345.0 |

X
- Definition Maximum percentage of cash flow hedge coverage as defined by policy. + References No definition available. + Details
Name: | fosl_CashFlowHedgeCoveragePercentage
Namespace Prefix: | fosl_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_DerivativeLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Nominal or face amount used to calculate payment on derivative. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1B -URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5580258-113959 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5579245-113959 + Details
Name: | us-gaap_DerivativeNotionalAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | na
Period Type: | instant

X
- Definition Maximum period of time the entity is hedging its exposure to variability in future cash flows for forecasted transactions, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Excludes forecasted transactions related to payment of variable interest on existing financial instruments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=121549185&loc=d3e80748-113994 + Details
Name: | us-gaap_MaximumLengthOfTimeForeignCurrencyCashFlowHedge
Namespace Prefix: | us-gaap_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount, before tax, of reclassification of gain (loss) from accumulated other comprehensive income (AOCI) for derivative instrument designated and qualifying as cash flow hedge included in assessment of hedge effectiveness. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=121641772&loc=d3e689-108580 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=121641772&loc=d3e637-108580 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5624171-113959 + Details
Name: | us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Details
Name: | us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis=us-gaap_CashFlowHedgingMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_HedgingDesignationAxis=us-gaap_DesignatedAsHedgingInstrumentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_ForeignExchangeForwardMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CurrencyAxis=currency_EUR
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CurrencyAxis=currency_CAD
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CurrencyAxis=currency_GBP
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CurrencyAxis=currency_MXN
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CurrencyAxis=currency_JPY
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CurrencyAxis=currency_AUD
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CurrencyAxis=currency_USD
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |