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FINANCIAL STATEMENT POLICIES (Tables)

6 Months Ended

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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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

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
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-Name Accounting Standards Codification
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