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CONDENSED CONSOLIDATED BALANCE SHEETS UNAUDITED - USD ($)
$ in Thousands
Jul. 03, 2021
Jan. 02, 2021
Current assets:    
Cash and cash equivalents $ 252,251 $ 315,965
Accounts receivable - net of allowances for doubtful accounts of $17,374 and $20,774, respectively 187,636 229,847
Inventories 351,990 295,296
Prepaid expenses and other current assets 157,294 149,367
Total current assets 949,171 990,475
Property, plant and equipment - net of accumulated depreciation of $453,043 and $467,174, respectively 97,639 114,026
Operating lease right-of-use assets 199,478 226,815
Intangible and other assets-net 91,150 147,189
Total long-term assets 388,267 488,030
Total assets 1,337,438 1,478,505
Current liabilities:    
Accounts payable 213,496 178,212
Short-term and current portion of long-term debt 38,361 41,561
Accrued expenses:    
Current operating lease liabilities 60,596 64,851
Compensation 53,614 78,085
Royalties 22,482 27,554
Customer liabilities 35,197 50,941
Transaction taxes 12,718 21,271
Other 54,040 62,846
Income taxes payable 31,296 33,205
Total current liabilities 521,800 558,526
Long-term income taxes payable 22,603 19,840
Deferred income tax liabilities 495 495
Long-term debt 139,705 185,852
Long-term operating lease liabilities 203,027 230,635
Other long-term liabilities 40,481 43,125
Total long-term liabilities 406,311 479,947
Commitments and contingencies (Note 13)
Stockholders’ equity:    
Common stock, 52,127 and 51,474 shares issued and outstanding at July 3, 2021 and January 2, 2021, respectively 521 515
Additional paid-in capital 295,704 293,777
Retained earnings 178,066 203,698
Accumulated other comprehensive income (loss) (66,434) (58,900)
Total Fossil Group, Inc. stockholders’ equity 407,857 439,090
Noncontrolling interests 1,470 942
Total stockholders’ equity 409,327 440,032
Total liabilities and stockholders’ equity $ 1,337,438 $ 1,478,505