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Major Customer, Segment and Geographic Information (Tables)

12 Months Ended

Jan. 01, 2022

Segment Reporting [Abstract]

Summary information by operating segment

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

			Fiscal Year 2021
			Net Sales						Operating Income (Loss)						Depreciation and Amortization						Long-term Assets						Total Assets
Americas			$	785,923					$	157,012					$	6,227					$	91,840					$	332,822
Europe			610,217						109,964						9,000						102,437						329,579
Asia			455,157						70,949						3,969						60,373						215,611
Corporate			18,739						(245,288)						9,912						91,314						490,707
Consolidated			$	1,870,036					$	92,637					$	29,108					$	345,964					$	1,368,719

			Fiscal Year 2020
			Net Sales						Operating Income (Loss)						Depreciation and Amortization						Long-term Assets						Total Assets
Americas			$	642,213					$	33,064					$	10,692					$	112,934					$	319,586
Europe			522,364						25,426						12,222						135,190						328,246
Asia			434,351						64,937						6,174						82,122						234,770
Corporate			14,415						(258,746)						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						Depreciation and Amortization						Long-term Assets						Total Assets
Americas			$	949,965					$	66,770					$	15,104					$	164,097					$	474,428
Europe			715,494						94,898						15,099						171,952						406,603
Asia			535,156						104,670						6,724						89,434						298,034
Corporate			17,097						(294,721)						16,515						119,791						425,667
Consolidated			$	2,217,712					$	(28,383)					$	53,442					$	545,274					$	1,604,732

Schedule of revenue for each class of similar products

The following table shows revenue for each class of similar products for fiscal years 2021, 2020 and 2019 (in thousands):

			Fiscal Year 2021												Fiscal Year 2020												Fiscal Year 2019
			Net Sales						Percentage of Total						Net Sales						Percentage of Total						Net Sales						Percentage of Total
Watches:
Traditional watches			$	1,288,499					68.9		%				$	1,057,939					65.6		%				$	1,479,637					66.7		%
Smartwatches			223,899						12.0						248,762						15.4						325,451						14.7
Total watches			$	1,512,398					80.9		%				$	1,306,701					81.0		%				$	1,805,088					81.4		%
Leathers			157,642						8.4						173,621						10.7						238,619						10.8
Jewelry			158,845						8.5						96,062						6.0						120,570						5.4
Other			41,151						2.2						36,959						2.3						53,435						2.4
Total			$	1,870,036					100.0		%				$	1,613,343					100.0		%				$	2,217,712					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 2021
			Net Sales (1)						Long-term Assets
United States			$	682,900					$	150,119
Europe			614,249			(2)			117,713
Asia			458,241			(3)			65,693
All other international			114,646						12,439
Consolidated			$	1,870,036					$	345,964

			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

_______________________________________________________________________________

(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 $237.1 million, $225.5 million and $310.1 million in fiscal years 2021, 2020 and 2019, 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 and were approximately $261.4 million, $228.4 million and $218.1 million in fiscal years 2021, 2020 and 2019, respectively.

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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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