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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS) AND COMPREHENSIVE INCOME (LOSS) UNAUDITED - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Apr. 03, 2021
Apr. 04, 2020
Income Statement [Abstract]    
Net sales $ 363,042 $ 390,718
Cost of sales 180,453 250,358
Gross profit 182,589 140,360
Operating expenses:    
Selling, general and administrative expenses 187,324 245,719
Trade name impairments 0 2,464
Other long-lived asset impairments 4,500 17,143
Restructuring charges 7,520 9,375
Total operating expenses 199,344 274,701
Operating income (loss) (16,755) (134,341)
Interest expense 7,331 7,464
Other income (expense) - net 1,864 (7,290)
Income (loss) before income taxes (22,222) (149,095)
Provision for income taxes 2,117 (63,651)
Net income (loss) (24,339) (85,444)
Less: Net income (loss) attributable to noncontrolling interests 101 137
Net income (loss) attributable to Fossil Group, Inc. (24,440) (85,581)
Other comprehensive income (loss), net of taxes:    
Currency translation adjustment (10,121) (11,193)
Cash flow hedges - net change 1,742 6,242
Total other comprehensive income (loss) (8,379) (4,951)
Total comprehensive income (loss) (32,718) (90,395)
Less: Comprehensive income (loss) attributable to noncontrolling interests 101 137
Comprehensive income (loss) attributable to Fossil Group, Inc. $ (32,819) $ (90,532)
Earnings (loss) per share:    
Basic (in dollars per share) $ (0.47) $ (1.69)
Diluted (in dollars per share) $ (0.47) $ (1.69)
Weighted average common shares outstanding:    
Basic (in shares) 51,519 50,566
Diluted (in shares) 51,519 50,566