XML 31 R18.htm IDEA: XBRL DOCUMENT
v3.24.2.u1

INTANGIBLE AND OTHER ASSETS | 6 Months Ended
--- | ---
Jun. 29, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
INTANGIBLE AND OTHER ASSETS | INTANGIBLE AND OTHER ASSETS The following table summarizes intangible and other assets (in thousands):
|  |  |  | June 29, 2024 |  | December 30, 2023
|  | Useful |  | Gross |  | Accumulated |  | Gross |  | Accumulated
|  | Lives |  | Amount |  | Amortization |  | Amount |  | Amortization
Intangibles-subject to amortization: |  |  |  |  |  |  |  |  |  |
Trademarks |  | 10 yrs. |  | $ | 3,978 |  |  | $ | 3,306 |  |  | $ | 3,978 |  |  | $ | 3,256 |
Patents |  | 3 - 20 yrs. |  | 850 |  |  | 558 |  |  | 850 |  |  | 546 |
Trade name |  | 6 yrs. |  | 4,502 |  |  | 3,564 |  |  | 4,502 |  |  | 3,189 |
Other |  | 7 - 20 yrs. |  | 340 |  |  | 256 |  |  | 341 |  |  | 236 |
Total intangibles-subject to amortization |  |  |  | 9,670 |  |  | 7,684 |  |  | 9,671 |  |  | 7,227 |
Intangibles-not subject to amortization: |  |  |  |  |  |  |  |  |  |
Trade names |  |  |  | 8,888 |  |  |  |  | 8,919 |  |  |
Other assets: |  |  |  |  |  |  |  |  |  |
Deposits |  |  |  | 15,175 |  |  |  |  | 16,168 |  |  |
Deferred tax asset-net |  |  |  | 20,870 |  |  |  |  | 21,426 |  |  |
Restricted cash |  |  |  | 3,550 |  |  |  |  | 4,309 |  |  |
Debt issuance costs |  |  |  | 2,172 |  |  |  |  | 2,490 |  |  |
Other |  |  |  | 3,248 |  |  |  |  | 3,340 |  |  |
Total other assets |  |  |  | 45,015 |  |  |  |  | 47,733 |  |  |
Total intangible and other assets |  |  |  | $ | 63,573 |  |  | $ | 7,684 |  |  | $ | 66,323 |  |  | $ | 7,227 |
Total intangible and other assets-net |  |  |  |  |  | $ | 55,889 |  |  |  |  | $ | 59,096 |
Amortization expense for intangible assets was $0.2 million and $0.2 million for the Second Quarter and the Prior Year Quarter, respectively, and $0.5 million and $0.5 million for the Year To Date Period and Prior Year YTD Period, respectively. Estimated aggregate future amortization expense by fiscal year for intangible assets is as follows (in thousands):
Fiscal Year |  | Amortization Expense
2024 (remaining) |  | $ | 458 |
2025 |  | $ | 726 |
2026 |  | $ | 138 |
2027 |  | $ | 120 |
2028 |  | $ | 114 |
Thereafter |  | $ | 431 |

X
- Definition The entire disclosure for intangibles and other assets. + References No definition available. + Details
Name: | fosl_IntangibleAndOtherAssetsDisclosureTextBlock
Namespace Prefix: | fosl_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

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