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Major Customer, Segment and Geographic Information (Tables)

12 Months Ended

Jan. 02, 2021

Segment Reporting [Abstract]

Summary information by operating segment

Summary information by operating segment was as follows (in thousands):

			Fiscal Year 2020
			Net Sales						Operating Income (Loss)						Depreciation and Amortization						Long-term Assets						Total Assets
Americas			$	642,213					$	32,998					$	10,692					$	112,934					$	319,586
Europe			522,364						19,482						12,222						135,190						328,246
Asia			434,351						62,589						6,174						82,122						234,770
Corporate			14,415						(250,388)						13,162						157,784						595,903
Consolidated			$	1,613,343					$	(135,319)					$	42,250					$	488,030					$	1,478,505

			Fiscal Year 2019
			Net Sales						Operating Income (Loss)						Depreciation and Amortization						Long-term Assets						Total Assets
Americas			$	949,965					$	66,703					$	15,104					$	164,097					$	474,428
Europe			715,494						88,323						15,099						171,952						406,603
Asia			535,156						101,209						6,724						89,434						298,034
Corporate			17,097						(284,618)						16,515						119,791						425,667
Consolidated			$	2,217,712					$	(28,383)					$	53,442					$	545,274					$	1,604,732

			Fiscal Year 2018
			Net Sales						Operating Income						Depreciation and Amortization						Long-term Assets						Total Assets
Americas			$	1,174,507					$	185,094					$	16,542					$	61,914					$	393,273
Europe			856,291						129,610						18,933						99,253						353,797
Asia			505,473						87,515						8,016						29,990						173,666
Corporate			5,217						(339,508)						23,588						125,472						654,462
Consolidated			$	2,541,488					$	62,711					$	67,079					$	316,629					$	1,575,198

Schedule of revenue for each class of similar products

The following table shows revenue for each class of similar products for fiscal years 2020, 2019 and 2018 (in thousands):

			Fiscal Year 2020												Fiscal Year 2019												Fiscal Year 2018
			Net Sales						Percentage of Total						Net Sales						Percentage of Total						Net Sales						Percentage of Total
Watches			$	1,299,846					80.6		%				$	1,802,481					81.3		%				$	2,033,021					80.0		%
Leathers			173,621						10.7						238,619						10.8						289,385						11.4
Jewelry			102,917						6.4						123,177						5.6						167,775						6.6
Other			36,959						2.3						53,435						2.3						51,307						2.0
Total			$	1,613,343					100.0		%				$	2,217,712					100.0		%				$	2,541,488					100.0		%

Schedule of net sales and long-lived assets by geographic area

Net sales and long-lived assets related to the Company's operations in the U.S., Europe, Asia and all other international markets were as follows (in thousands):

			Fiscal Year 2020
			Net Sales (1)						Long-term Assets
United States			$	546,753					$	234,325
Europe			525,333			(2)			147,208
Asia			436,570			(3)			89,144
All other international			104,687						17,353
Consolidated			$	1,613,343					$	488,030

			Fiscal Year 2019
			Net Sales (1)						Long-term Assets
United States			$	819,825					$	239,032
Europe			718,216			(2)			184,507
Asia			537,503			(3)			99,565
All other international			142,168						22,170
Consolidated			$	2,217,712					$	545,274

			Fiscal Year 2018
			Net Sales (1)						Long-term Assets
United States			$	1,017,919					$	159,062
Europe			857,972			(2)			111,964
Asia			507,523			(3)			36,945
All other international			158,074						8,658
Consolidated			$	2,541,488					$	316,629

_______________________________________________________________________________

(1)Net sales are based on the location of the selling entity (including exports).

(2)Net sales from Germany (including exports) accounted for more than 10% of the Company's consolidated net sales and were approximately $225.5 million, $310.1 million and $359.9 million in fiscal years 2020, 2019 and 2018, respectively.

(3)Net sales from China (including Hong Kong, Macau and Taiwan and exports) accounted for more than 10% of the Company's consolidated net sales in fiscal year 2020 and were approximately $228.4 million, $218.1 million and $190.0 million in fiscal years 2020, 2019 and 2018, respectively.

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- Definition

Tabular disclosure of entity-wide revenues from external customers for each product or service or each group of similar products or services if the information is not provided as part of the reportable operating segment information.

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