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FINANCIAL STATEMENT POLICIES (Tables)

3 Months Ended

Apr. 02, 2022

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Numerators and denominators used in the computations of both basic and diluted EPS

The following table reconciles the numerators and denominators used in the computations of both basic and diluted EPS (in thousands, except per share data):

			For the 13 Weeks Ended April 2, 2022						For the 13 Weeks Ended April 3, 2021
Numerator:
Net income (loss) attributable to Fossil Group, Inc.			$	(21,514)					$	(24,440)
Denominator:
Basic EPS computation:
Basic weighted average common shares outstanding			51,999						51,519
Basic EPS			$	(0.41)					$	(0.47)
Diluted EPS computation:
Diluted weighted average common shares outstanding			51,999						51,519
Diluted EPS			$	(0.41)					$	(0.47)

Schedule of cash, cash equivalents and restricted cash

The following table provides a reconciliation of the cash, cash equivalents, and restricted cash balances as of April 2, 2022 and April 3, 2021 that are presented in the condensed consolidated statement of cash flows (in thousands):

			April 2, 2022						April 3, 2021
Cash and cash equivalents			$	162,619					$	246,694
Restricted cash included in prepaid expenses and other current assets			117						6,567
Restricted cash included in intangible and other assets-net			13,081						7,464
Cash, cash equivalents and restricted cash			$	175,817					$	260,725

Schedule of cash, cash equivalents and restricted cash

The following table provides a reconciliation of the cash, cash equivalents, and restricted cash balances as of April 2, 2022 and April 3, 2021 that are presented in the condensed consolidated statement of cash flows (in thousands):

			April 2, 2022						April 3, 2021
Cash and cash equivalents			$	162,619					$	246,694
Restricted cash included in prepaid expenses and other current assets			117						6,567
Restricted cash included in intangible and other assets-net			13,081						7,464
Cash, cash equivalents and restricted cash			$	175,817					$	260,725

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Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

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Tabular disclosure of cash and cash equivalents restricted as to withdrawal or usage.

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