XML 65 R53.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

DERIVATIVES AND RISK MANAGEMENT - Cash Flow Hedges (Details) € in Millions, ¥ in Millions, £ in Millions, $ in Millions, $ in Millions, $ in Millions, $ in Millions | 3 Months Ended |
--- | --- | ---
Mar. 30, 2024 EUR (€) | Mar. 30, 2024 USD ($) | Mar. 30, 2024 CAD ($) | Mar. 30, 2024 GBP (£) | Mar. 30, 2024 MXN ($) | Mar. 30, 2024 JPY (¥) | Mar. 30, 2024 AUD ($)
Derivative [Line Items] |  |  |  |  |  |  |
Foreign currency cash flow hedge maximum length of projection term | 24 months |  |  |  |  |  |
Forecasted purchases to manage fluctuations (as a percent) (up to) | 85.00% | 85.00% | 85.00% | 85.00% | 85.00% | 85.00% | 85.00%
Forward Contracts | Designated as cash flow hedges | Euro |  |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |  |
Notional amount | € 29.8 | $ 33.3 |  |  |  |  |
Forward Contracts | Designated as cash flow hedges | Canadian dollar |  |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |  |
Notional amount |  | 11.8 | $ 15.7 |  |  |  |
Forward Contracts | Designated as cash flow hedges | British pound |  |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |  |
Notional amount |  | 3.3 |  | £ 2.6 |  |  |
Forward Contracts | Designated as cash flow hedges | Mexican peso |  |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |  |
Notional amount |  | 2.2 |  |  | $ 39.6 |  |
Forward Contracts | Designated as cash flow hedges | Japanese yen |  |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |  |
Notional amount |  | 1.8 |  |  |  | ¥ 236.1 |
Forward Contracts | Designated as cash flow hedges | Australian dollar |  |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |  |
Notional amount |  | 1.2 |  |  |  |  | $ 1.8
Forward Contracts | Designated as cash flow hedges | U.S. dollar |  |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |  |
Notional amount |  | $ 2.2 |  |  |  | ¥ 300.0 |

X
- Definition Maximum percentage of cash flow hedge coverage as defined by policy. + References No definition available. + Details
Name: | fosl_CashFlowHedgeCoveragePercentage
Namespace Prefix: | fosl_
Data Type: | dtr-types1:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 40 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480237/815-40-50-5 + Details
Name: | us-gaap_DerivativeLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Nominal or face amount used to calculate payment on derivative. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1B -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-1B Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1A -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-1A + Details
Name: | us-gaap_DerivativeNotionalAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | na
Period Type: | instant

X
- Definition Maximum period of time the entity is hedging its exposure to variability in future cash flows for forecasted transactions, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Excludes forecasted transactions related to payment of variable interest on existing financial instruments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -SubTopic 30 -Topic 815 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480870/815-30-50-1 + Details
Name: | us-gaap_MaximumLengthOfTimeForeignCurrencyCashFlowHedge
Namespace Prefix: | us-gaap_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_ForeignExchangeForwardMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_HedgingDesignationAxis=us-gaap_DesignatedAsHedgingInstrumentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CurrencyAxis=currency_EUR
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CurrencyAxis=currency_CAD
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CurrencyAxis=currency_GBP
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CurrencyAxis=currency_MXN
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CurrencyAxis=currency_JPY
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CurrencyAxis=currency_AUD
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CurrencyAxis=currency_USD
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |