XML 42 R28.htm IDEA: XBRL DOCUMENT
v3.24.0.1

SCHEDULE II VALUATIONS AND QUALIFYING ACCOUNTS | 12 Months Ended
--- | ---
Dec. 30, 2023
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract] |
SCHEDULE II VALUATIONS AND QUALIFYING ACCOUNTS | SCHEDULE II FOSSIL GROUP, INC. AND SUBSIDIARIES VALUATIONS AND QUALIFYING ACCOUNTS Fiscal Years 2021, 2022 and 2023 (in thousands)
|  |  | Additions |  | Deductions |  |
Classification | Balance at Beginning of Period |  | Charged to Operations |  | Charged to Other Accounts |  | Actual Returns or Writeoffs |  | Balance at End of Period
Fiscal Year 2021: |  |  |  |  |  |  |  |  |
Account receivable allowances: |  |  |  |  |  |  |  |  |
Bad debts | $ | 20,774 |  |  | $ | 3,070 |  |  | $ | — |  |  | $ | 7,456 |  |  | $ | 16,388 |
Markdowns | $ | 15,613 |  |  | $ | 27,385 |  |  | $ | — |  |  | $ | 29,230 |  |  | $ | 13,768 |
Sales returns | $ | 49,826 |  |  | $ | 75,936 |  |  | $ | — |  |  | $ | 85,641 |  |  | $ | 40,121 |
Deferred tax asset valuation allowance | $ | 109,250 |  |  | $ | 20,535 |  |  | $ | (2,706) |  |  | $ | 4,126 |  |  | $ | 122,953 |
Fiscal Year 2022: |  |  |  |  |  |  |  |  |
Account receivable allowances: |  |  |  |  |  |  |  |  |
Bad debts | $ | 16,388 |  |  | $ | 6,305 |  |  | $ | — |  |  | $ | 8,046 |  |  | $ | 14,647 |
Markdowns | $ | 13,768 |  |  | $ | 23,736 |  |  | $ | — |  |  | $ | 29,043 |  |  | $ | 8,461 |
Sales returns | $ | 40,121 |  |  | $ | 90,092 |  |  | $ | — |  |  | $ | 94,393 |  |  | $ | 35,820 |
Deferred tax asset valuation allowance | $ | 122,953 |  |  | $ | 14,794 |  |  | $ | 5,599 |  |  | $ | — |  |  | $ | 143,346 |
Fiscal Year 2023: |  |  |  |  |  |  |  |  |
Account receivable allowances: |  |  |  |  |  |  |  |  |
Bad debts | $ | 14,647 |  |  | $ | 3,535 |  |  | $ | — |  |  | $ | 5,566 |  |  | $ | 12,616 |
Markdowns | $ | 8,461 |  |  | $ | 31,325 |  |  | $ | — |  |  | $ | 32,243 |  |  | $ | 7,543 |
Sales returns | $ | 35,820 |  |  | $ | 95,812 |  |  | $ | — |  |  | $ | 98,234 |  |  | $ | 33,398 |
Deferred tax asset valuation allowance | $ | 143,346 |  |  | $ | 50,493 |  |  | $ | 1,769 |  |  | $ | 3,005 |  |  | $ | 192,603 |

X
- Definition The entire disclosure for valuation and qualifying accounts and reserves. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name Regulation S-X (SX) -Number 210 -Section 12 -Subsection 09 -Publisher SEC Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 4 -Subparagraph (SX 210.12-09) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480678/235-10-S99-4 + Details
Name: | srt_ScheduleOfValuationAndQualifyingAccountsDisclosureTextBlock
Namespace Prefix: | srt_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | srt_ValuationAndQualifyingAccountsAbstract
Namespace Prefix: | srt_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration