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FINANCIAL STATEMENT POLICIES (Tables) | 6 Months Ended
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Jul. 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 July 2, 2022 |  | For the 13 Weeks Ended July 3, 2021 |  | For the 26 Weeks Ended July 2, 2022 |  | For the 26 Weeks Ended July 3, 2021
Numerator: |  |  |  |  |  |  |
Net income (loss) attributable to Fossil Group, Inc. | $ | (19,074) |  |  | $ | (1,192) |  |  | $ | (40,588) |  |  | $ | (25,632) |
Denominator: |  |  |  |  |  |  |
Basic EPS computation: |  |  |  |  |  |  |
Basic weighted average common shares outstanding | 51,707 |  |  | 52,040 |  |  | 51,853 |  |  | 51,779 |
Basic EPS | $ | (0.37) |  |  | $ | (0.02) |  |  | $ | (0.78) |  |  | $ | (0.50) |
Diluted EPS computation: |  |  |  |  |  |  |
Diluted weighted average common shares outstanding | 51,707 |  |  | 52,040 |  |  | 51,853 |  |  | 51,779 |
Diluted EPS | $ | (0.37) |  |  | $ | (0.02) |  |  | $ | (0.78) |  |  | $ | (0.50) |
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 July 2, 2022 and July 3, 2021 that are presented in the condensed consolidated statement of cash flows (in thousands):
| July 2, 2022 |  | July 3, 2021 |  |
Cash and cash equivalents | $ | 167,067 |  |  | $ | 252,251 |  |  |
Restricted cash included in prepaid expenses and other current assets | 110 |  |  | 118 |  |  |
Restricted cash included in intangible and other assets-net | 12,178 |  |  | 14,680 |  |  |
Cash, cash equivalents and restricted cash | $ | 179,355 |  |  | $ | 267,049 |  |  |
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 July 2, 2022 and July 3, 2021 that are presented in the condensed consolidated statement of cash flows (in thousands):
| July 2, 2022 |  | July 3, 2021 |  |
Cash and cash equivalents | $ | 167,067 |  |  | $ | 252,251 |  |  |
Restricted cash included in prepaid expenses and other current assets | 110 |  |  | 118 |  |  |
Restricted cash included in intangible and other assets-net | 12,178 |  |  | 14,680 |  |  |
Cash, cash equivalents and restricted cash | $ | 179,355 |  |  | $ | 267,049 |  |  |

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- Definition 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. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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