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FINANCIAL STATEMENT POLICIES (Tables) | 6 Months Ended
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Jun. 29, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Schedule of Earnings Per Share, Basic and Diluted | 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 June 29, 2024 |  | For the 13 Weeks Ended July 1, 2023 |  | For the 26 Weeks Ended June 29, 2024 |  | For the 26 Weeks Ended July 1, 2023
Numerator: |  |  |  |  |  |  |
Net income (loss) attributable to Fossil Group, Inc. | $ | (38,785) |  |  | $ | (26,529) |  |  | $ | (63,081) |  |  | $ | (67,791) |
Denominator: |  |  |  |  |  |  |
Basic EPS computation: |  |  |  |  |  |  |
Basic weighted average common shares outstanding | 52,927 |  |  | 52,349 |  |  | 52,709 |  |  | 52,095 |
Basic EPS | $ | (0.73) |  |  | $ | (0.51) |  |  | $ | (1.20) |  |  | $ | (1.30) |
Diluted EPS computation: |  |  |  |  |  |  |
Diluted weighted average common shares outstanding | 52,927 |  |  | 52,349 |  |  | 52,709 |  |  | 52,095 |
Diluted EPS | $ | (0.73) |  |  | $ | (0.51) |  |  | $ | (1.20) |  |  | $ | (1.30) |
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 June 29, 2024 and July 1, 2023 that are presented in the condensed consolidated statement of cash flows (in thousands):
| June 29, 2024 |  | July 1, 2023 |  |
Cash and cash equivalents | $ | 104,906 |  |  | $ | 132,107 |  |  |
Restricted cash included in prepaid expenses and other current assets | 625 |  |  | 107 |  |  |
Restricted cash included in intangible and other assets-net | 3,550 |  |  | 4,722 |  |  |
Cash, cash equivalents and restricted cash | $ | 109,081 |  |  | $ | 136,936 |  |  |
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 June 29, 2024 and July 1, 2023 that are presented in the condensed consolidated statement of cash flows (in thousands):
| June 29, 2024 |  | July 1, 2023 |  |
Cash and cash equivalents | $ | 104,906 |  |  | $ | 132,107 |  |  |
Restricted cash included in prepaid expenses and other current assets | 625 |  |  | 107 |  |  |
Restricted cash included in intangible and other assets-net | 3,550 |  |  | 4,722 |  |  |
Cash, cash equivalents and restricted cash | $ | 109,081 |  |  | $ | 136,936 |  |  |

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