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CONDENSED CONSOLIDATED BALANCE SHEETS UNAUDITED - USD ($)
$ in Thousands
Apr. 03, 2021
Jan. 02, 2021
Current assets:    
Cash and cash equivalents $ 246,694 $ 315,965
Accounts receivable - net of allowances for doubtful accounts 175,507 229,847
Inventories 322,495 295,296
Prepaid expenses and other current assets 202,414 149,367
Total current assets 947,110 990,475
Property, plant and equipment - net of accumulated depreciation 104,851 114,026
Operating 211,918 226,815
Intangible and other assets-net 85,234 147,189
Total long-term assets 402,003 488,030
Total assets 1,349,113 1,478,505
Current liabilities:    
Accounts payable 201,230 178,212
Short-term and current portion of long-term debt 37,860 41,561
Accrued expenses:    
Current operating lease liabilities 60,137 64,851
Compensation 56,643 78,085
Royalties 16,328 27,554
Customer liabilities 39,399 50,941
Transaction taxes 7,803 21,271
Other 59,778 62,846
Income taxes payable 28,048 33,205
Total current liabilities 507,226 558,526
Long-term income taxes payable 20,013 19,840
Deferred income tax liabilities 491 495
Long-term debt 157,235 185,852
Long-term operating lease liabilities 217,522 230,635
Other long-term liabilities 37,802 43,125
Total long-term liabilities 433,063 479,947
Commitments and contingencies (Note 13)
Stockholders’ equity:    
Common stock, 51,526 and 51,474 shares issued and outstanding at April 3, 2021 and January 2, 2021, respectively 515 515
Additional paid-in capital 295,287 293,777
Retained earnings 179,258 203,698
Accumulated other comprehensive income (loss) (67,279) (58,900)
Total Fossil Group, Inc. stockholders’ equity 407,781 439,090
Noncontrolling interests 1,043 942
Total stockholders’ equity 408,824 440,032
Total liabilities and stockholders’ equity $ 1,349,113 $ 1,478,505