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v3.23.1

RESTRUCTURING - Liability Incurred for Restructuring Plan (Details) - USD ($) $ in Thousands | 3 Months Ended
--- | ---
Apr. 01, 2023 | Apr. 02, 2022
Restructuring Reserve |  |
Charges | $ 7,097 | $ 2,551
TAG Plan |  |
Restructuring Reserve |  |
Beginning balance | 0 |
Charges | 12,361 |
Cash Payments | 2,577 |
Ending balance | 9,784 |
TAG Plan | Professional services |  |
Restructuring Reserve |  |
Beginning balance | 0 |
Charges | 36 |
Cash Payments | 16 |
Ending balance | 20 |
TAG Plan | Severance and employee-related benefits |  |
Restructuring Reserve |  |
Beginning balance | 0 |
Charges | 7,061 |
Cash Payments | 2,561 |
Ending balance | 4,500 |
TAG Plan | Charges related to exits of certain product offerings |  |
Restructuring Reserve |  |
Beginning balance | 0 |
Charges | 5,264 |
Cash Payments | 0 |
Ending balance | 5,264 |
New World Fossil 2.0 |  |
Restructuring Reserve |  |
Beginning balance | 2,895 | 5,331
Charges |  | 2,551
Cash Payments | 2,248 | 2,641
Non-cash Items |  | 92
Ending balance | 647 | 5,149
New World Fossil 2.0 | Store closures |  |
Restructuring Reserve |  |
Beginning balance |  | 300
Charges |  | 405
Cash Payments |  | 349
Non-cash Items |  | 92
Ending balance |  | 264
New World Fossil 2.0 | Professional services |  |
Restructuring Reserve |  |
Beginning balance | 74 | 643
Charges |  | 135
Cash Payments | 14 | 421
Non-cash Items |  | 0
Ending balance | 60 | 357
New World Fossil 2.0 | Severance and employee-related benefits |  |
Restructuring Reserve |  |
Beginning balance | 2,821 | 4,388
Charges |  | 2,011
Cash Payments | 2,234 | 1,871
Non-cash Items |  | 0
Ending balance | $ 587 | $ 4,528

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- Definition Amount of cash payments made as the result of exit or disposal activities. Excludes payments associated with a discontinued operation or an asset retirement obligation. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -URI https://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 17 -Subparagraph (f) -URI https://asc.fasb.org/extlink&oid=126954810&loc=d3e3367-108585 + Details
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- Definition Amount of expenses associated with exit or disposal activities pursuant to an authorized plan. Excludes expenses related to a discontinued operation or an asset retirement obligation. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 45 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=109237686&loc=d3e17752-110868 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 5.P.3) -URI https://asc.fasb.org/extlink&oid=115931487&loc=d3e140864-122747 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126954810&loc=d3e3602-108585 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4(b)(1)) -URI https://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747 + Details
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- Definition Carrying amount (including both current and noncurrent portions of the accrual) as of the balance sheet date pertaining to a specified type of cost associated with exit from or disposal of business activities or restructuring pursuant to a duly authorized plan. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -URI https://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 5.P.4(b)(2)) -URI https://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747 + Details
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