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FINANCIAL STATEMENT POLICIES (Tables)

6 Months Ended

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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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

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-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
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Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 944
-SubTopic 210
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-03(a)(2))
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