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FINANCIAL STATEMENT POLICIES (Tables)

9 Months Ended

Sep. 28, 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 September 28, 2024						For the 13 Weeks Ended September 30, 2023						For the 39 Weeks Ended September 28, 2024						For the 39 Weeks Ended September 30, 2023
Numerator:
Net income (loss) attributable to Fossil Group, Inc.			$	(32,031)					$	(61,062)					$	(95,112)					$	(128,853)
Denominator:
Basic EPS computation:
Basic weighted average common shares outstanding			53,171						52,466						52,863						52,219
Basic EPS			$	(0.60)					$	(1.16)					$	(1.80)					$	(2.47)
Diluted EPS computation:
Diluted weighted average common shares outstanding			53,171						52,466						52,863						52,219
Diluted EPS			$	(0.60)					$	(1.16)					$	(1.80)					$	(2.47)

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 September 28, 2024 and September 30, 2023 that are presented in the condensed consolidated statement of cash flows (in thousands):

			September 28, 2024						September 30, 2023
Cash and cash equivalents			$	106,308					$	116,132
Restricted cash included in prepaid expenses and other current assets			1,413						106
Restricted cash included in intangible and other assets-net			3,016						4,485
Cash, cash equivalents and restricted cash			$	110,737					$	120,723

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 September 28, 2024 and September 30, 2023 that are presented in the condensed consolidated statement of cash flows (in thousands):

			September 28, 2024						September 30, 2023
Cash and cash equivalents			$	106,308					$	116,132
Restricted cash included in prepaid expenses and other current assets			1,413						106
Restricted cash included in intangible and other assets-net			3,016						4,485
Cash, cash equivalents and restricted cash			$	110,737					$	120,723

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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

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