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Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2022

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of cash, cash equivalents, and restricted cash balances

The following table provides a reconciliation of the cash, cash equivalents, and restricted cash balances as of December 31, 2022, January 1, 2022 and January 2, 2021 that are presented in the consolidated statement of cash flows (in thousands):

			December 31, 2022						January 1, 2022						January 2, 2021
Cash and cash equivalents			$	198,726					$	250,844					$	315,965
Restricted cash included in prepaid expenses and other current assets			106						117						121
Restricted cash included in intangible and other assets-net			5,243						13,611						8,160
Cash, cash equivalents and restricted cash			$	204,075					$	264,572					$	324,246

Schedule of cash, cash equivalents, and restricted cash balances

The following table provides a reconciliation of the cash, cash equivalents, and restricted cash balances as of December 31, 2022, January 1, 2022 and January 2, 2021 that are presented in the consolidated statement of cash flows (in thousands):

			December 31, 2022						January 1, 2022						January 2, 2021
Cash and cash equivalents			$	198,726					$	250,844					$	315,965
Restricted cash included in prepaid expenses and other current assets			106						117						121
Restricted cash included in intangible and other assets-net			5,243						13,611						8,160
Cash, cash equivalents and restricted cash			$	204,075					$	264,572					$	324,246

Reconciliation of 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):

Fiscal Year			2022						2021						2020
Numerator:
Net income (loss) attributable to Fossil Group, Inc.			$	(44,157)					$	25,434					$	(96,095)
Denominator:
Basic EPS computation:
Basic weighted average common shares outstanding			51,841						51,961						51,116
Basic EPS			$	(0.85)					$	0.49					$	(1.88)
Diluted EPS computation:
Basic weighted average common shares outstanding			51,841						51,961						51,116
Diluted weighted average common shares outstanding			51,841						52,777						51,116
Diluted EPS			$	(0.85)					$	0.48					$	(1.88)

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Tabular disclosure of the components of cash and cash equivalents.

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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

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
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Tabular disclosure of cash and cash equivalents restricted as to withdrawal or usage.

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-Name Accounting Standards Codification
-Topic 942
-SubTopic 210
-Section S99
-Paragraph 1
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