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CONDENSED CONSOLIDATED BALANCE SHEETS UNAUDITED - USD ($)
$ in Thousands
Sep. 28, 2024
Dec. 30, 2023
Current assets:    
Cash and cash equivalents $ 106,308 $ 117,197
Accounts receivable - net of allowances for doubtful accounts of $15,602 and $12,616, respectively 173,700 187,942
Inventories 226,389 252,834
Prepaid expenses and other current assets 69,460 152,717
Total current assets 575,857 710,690
Property, plant and equipment - net of accumulated depreciation of $362,279 and $384,688, respectively 45,215 57,244
Operating lease right-of-use assets 135,506 151,000
Intangible and other assets-net 55,830 59,096
Total long-term assets 236,551 267,340
Total assets 812,408 978,030
Current liabilities:    
Accounts payable 159,002 147,161
Short-term debt 2,254 480
Accrued expenses:    
Current operating lease liabilities 40,434 43,565
Compensation 36,855 44,789
Royalties 15,229 15,880
Customer liabilities 24,816 37,584
Transaction taxes 7,179 10,412
Other 22,220 27,811
Income taxes payable 9,534 14,795
Total current liabilities 317,523 342,477
Long-term income taxes payable 19,786 20,409
Deferred income tax liabilities 719 698
Long-term debt 173,444 206,983
Long-term operating lease liabilities 120,648 137,644
Other long-term liabilities 18,380 18,081
Total long-term liabilities 332,977 383,815
Commitments and contingencies (Note 13)
Stockholders’ equity:    
Common stock, 53,154 and 52,487 shares issued and outstanding at September 28, 2024 and December 30, 2023, respectively 532 525
Additional paid-in capital 314,133 311,709
Retained (deficit) earnings (76,709) 18,403
Accumulated other comprehensive income (loss) (73,579) (76,405)
Total Fossil Group, Inc. stockholders’ equity 164,377 254,232
Noncontrolling interests (2,469) (2,494)
Total stockholders’ equity 161,908 251,738
Total liabilities and stockholders’ equity $ 812,408 $ 978,030