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Major Customer, Segment and Geographic Information (Tables)

12 Months Ended

Dec. 31, 2022

Segment Reporting [Abstract]

Summary information by operating segment

Summary information by operating segment was as follows (in thousands):

			Fiscal Year 2022
			Net Sales						Operating Income (Loss)						Depreciation and Amortization						Long-term Assets						Total Assets
Americas			$	744,027					$	116,401					$	4,834					$	84,247					$	343,556
Europe			541,343						91,087						5,856						86,200						269,097
Asia			377,600						52,090						3,071						48,054						206,925
Corporate			19,469						(261,051)						8,870						74,327						418,550
Consolidated			$	1,682,439					$	(1,473)					$	22,631					$	292,828					$	1,238,128

			Fiscal Year 2021
			Net Sales						Operating Income (Loss)						Depreciation and Amortization						Long-term Assets						Total Assets
Americas			$	785,923					$	157,012					$	6,227					$	91,840					$	332,822
Europe			610,217						109,964						9,000						102,437						329,579
Asia			455,157						70,949						3,969						60,373						215,611
Corporate			18,739						(245,288)						9,912						91,314						490,707
Consolidated			$	1,870,036					$	92,637					$	29,108					$	345,964					$	1,368,719

			Fiscal Year 2020
			Net Sales						Operating Income						Depreciation and Amortization						Long-term Assets						Total Assets
Americas			$	642,213					$	33,064					$	10,692					$	112,934					$	319,586
Europe			522,364						25,426						12,222						135,190						328,246
Asia			434,351						64,937						6,174						82,122						234,770
Corporate			14,415						(258,746)						13,162						157,784						595,903
Consolidated			$	1,613,343					$	(135,319)					$	42,250					$	488,030					$	1,478,505

Schedule of revenue for each class of similar products

The following table shows revenue for each class of similar products for fiscal years 2022, 2021 and 2020 (in thousands):

			Fiscal Year 2022												Fiscal Year 2021												Fiscal Year 2020
			Net Sales						Percentage of Total						Net Sales						Percentage of Total						Net Sales						Percentage of Total
Watches:
Traditional watches			$	1,158,889					68.9		%				$	1,288,499					68.9		%				$	1,057,939					65.6		%
Smartwatches			151,602						9.0						223,899						12.0						248,762						15.4
Total watches			$	1,310,491					77.9		%				$	1,512,398					80.9		%				$	1,306,701					81.0		%
Leathers			178,542						10.6						157,642						8.4						173,621						10.7
Jewelry			154,105						9.2						158,845						8.5						96,062						6.0
Other			39,301						2.3						41,151						2.2						36,959						2.3
Total			$	1,682,439					100.0		%				$	1,870,036					100.0		%				$	1,613,343					100.0		%

Schedule of net sales and long-lived assets by geographic area

Net sales and long-term assets related to the Company's operations in the U.S., Europe, Asia and all other international markets were as follows (in thousands):

			Fiscal Year 2022
			Net Sales (1)						Long-term Assets
United States			$	619,981					$	133,100
Europe			543,585			(2)			96,365
Asia			381,845			(3)			53,050
All other international			137,028						10,313
Consolidated			$	1,682,439					$	292,828

			Fiscal Year 2021
			Net Sales (1)						Long-term Assets
United States			$	682,900					$	150,119
Europe			614,249			(2)			117,713
Asia			458,241			(3)			65,693
All other international			114,646						12,439
Consolidated			$	1,870,036					$	345,964

			Fiscal Year 2020
			Net Sales (1)						Long-term Assets
United States			$	546,753					$	234,325
Europe			525,333			(2)			147,208
Asia			436,570			(3)			89,144
All other international			104,687						17,353
Consolidated			$	1,613,343					$	488,030

_______________________________________________________________________________

(1)Net sales are based on the location of the selling entity (including exports).

(2)Net sales from Germany (including exports) accounted for more than 10% of the Company's consolidated net sales and were approximately $194.1 million, $237.1 million and $225.5 million in fiscal years 2022, 2021 and 2020, respectively.

(3)Net sales from China (including Hong Kong, Macau and Taiwan and exports) accounted for more than 10% of the Company's consolidated net sales and were approximately $174.2 million, $261.4 million and $228.4 million in fiscal years 2022, 2021 and 2020, respectively.

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