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FINANCIAL STATEMENT POLICIES (Tables) | 3 Months Ended
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Mar. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
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):
| For the 13 Weeks Ended March 30, 2024 |  | For the 13 Weeks Ended April 1, 2023 |  |  |  |
Numerator: |  |  |  |  |  |  |
Net income (loss) attributable to Fossil Group, Inc. | $ | (24,296) |  |  | $ | (41,262) |  |  |  |  |
Denominator: |  |  |  |  |  |  |
Basic EPS computation: |  |  |  |  |  |  |
Basic weighted average common shares outstanding | 52,491 |  |  | 51,840 |  |  |  |  |
Basic EPS | $ | (0.46) |  |  | $ | (0.80) |  |  |  |  |
Diluted EPS computation: |  |  |  |  |  |  |
Diluted weighted average common shares outstanding | 52,491 |  |  | 51,840 |  |  |  |  |
Diluted EPS | $ | (0.46) |  |  | $ | (0.80) |  |  |  |  |
Schedule of cash, cash equivalents and restricted cash | The following table provides a reconciliation of the cash, cash equivalents, and restricted cash balances as of March 30, 2024 and April 1, 2023 that are presented in the condensed consolidated statement of cash flows (in thousands):
| March 30, 2024 |  | April 1, 2023 |  |
Cash and cash equivalents | $ | 112,889 |  |  | $ | 127,111 |  |  |
Restricted cash included in prepaid expenses and other current assets | 78 |  |  | 107 |  |  |
Restricted cash included in intangible and other assets-net | 3,896 |  |  | 5,036 |  |  |
Cash, cash equivalents and restricted cash | $ | 116,863 |  |  | $ | 132,254 |  |  |
Schedule of cash, cash equivalents and restricted cash | The following table provides a reconciliation of the cash, cash equivalents, and restricted cash balances as of March 30, 2024 and April 1, 2023 that are presented in the condensed consolidated statement of cash flows (in thousands):
| March 30, 2024 |  | April 1, 2023 |  |
Cash and cash equivalents | $ | 112,889 |  |  | $ | 127,111 |  |  |
Restricted cash included in prepaid expenses and other current assets | 78 |  |  | 107 |  |  |
Restricted cash included in intangible and other assets-net | 3,896 |  |  | 5,036 |  |  |
Cash, cash equivalents and restricted cash | $ | 116,863 |  |  | $ | 132,254 |  |  |

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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 Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
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