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CONDENSED CONSOLIDATED BALANCE SHEETS UNAUDITED - USD ($)
$ in Thousands
Apr. 02, 2022
Jan. 01, 2022
Current assets:    
Cash and cash equivalents $ 162,619 $ 250,844
Accounts receivable - net of allowances for doubtful accounts of $16,637 and $16,388, respectively 201,106 255,131
Inventories 385,831 346,850
Prepaid expenses and other current assets 187,663 169,930
Total current assets 937,219 1,022,755
Property, plant and equipment - net of accumulated depreciation of $434,682 and $436,663, respectively 85,558 89,767
Operating lease right-of-use assets 166,231 177,597
Intangible and other assets-net 76,314 78,600
Total long-term assets 328,103 345,964
Total assets 1,265,322 1,368,719
Current liabilities:    
Accounts payable 198,527 229,877
Short-term and current portion of long-term debt 619 554
Accrued expenses:    
Current operating lease liabilities 52,739 58,721
Compensation 45,473 73,595
Royalties 16,863 38,714
Customer liabilities 39,227 40,886
Transaction taxes 7,162 17,147
Other 45,769 46,675
Income taxes payable 26,300 29,478
Total current liabilities 432,679 535,647
Long-term income taxes payable 22,603 20,452
Deferred income tax liabilities 502 504
Long-term debt 183,852 141,354
Long-term operating lease liabilities 164,588 174,520
Other long-term liabilities 31,634 30,884
Total long-term liabilities 403,179 367,714
Commitments and contingencies (Note 13)
Stockholders’ equity:    
Common stock, 51,157 and 52,146 shares issued and outstanding at April 2, 2022 and January 1, 2022, respectively 511 521
Additional paid-in capital 302,583 300,848
Retained earnings 198,134 229,132
Accumulated other comprehensive income (loss) (74,062) (67,275)
Total Fossil Group, Inc. stockholders’ equity 427,166 463,226
Noncontrolling interests 2,298 2,132
Total stockholders’ equity 429,464 465,358
Total liabilities and stockholders’ equity $ 1,265,322 $ 1,368,719