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CONDENSED CONSOLIDATED BALANCE SHEETS UNAUDITED - USD ($)
$ in Thousands
Apr. 05, 2025
Dec. 28, 2024
Current assets:    
Cash and cash equivalents $ 78,291 $ 123,598
Accounts receivable - net of allowances for doubtful accounts of $14,525 and $14,656, respectively 124,577 162,164
Inventories 182,085 178,576
Prepaid expenses and other current assets 97,553 90,177
Total current assets 482,506 554,515
Property, plant and equipment - net of accumulated depreciation of $340,337 and $339,050, respectively 40,196 41,568
Operating lease right-of-use assets 117,270 121,389
Intangible and other assets-net 46,046 46,095
Total long-term assets 203,512 209,052
Total assets 686,018 763,567
Current liabilities:    
Accounts payable 118,235 157,636
Short-term debt 12,332 2,170
Accrued expenses:    
Current operating lease liabilities 32,935 37,327
Compensation 33,572 43,426
Royalties 7,779 16,893
Customer liabilities 25,253 29,830
Transaction taxes 5,137 11,315
Other 17,710 20,208
Income taxes payable 9,617 7,765
Total current liabilities 262,570 326,570
Long-term income taxes payable 4,764 5,423
Deferred income tax liabilities 1,067 1,033
Long-term debt 167,168 162,674
Long-term operating lease liabilities 109,775 113,658
Other long-term liabilities 16,265 17,485
Total long-term liabilities 299,039 300,273
Commitments and contingencies (Note 13)
Stockholders’ equity:    
Common stock, 53,271 and 53,254 shares issued and outstanding at April 5, 2025 and December 28, 2024 respectively 533 533
Additional paid-in capital 315,680 315,042
Retained (deficit) earnings (101,844) (84,268)
Accumulated other comprehensive income (loss) (73,787) (82,604)
Total Fossil Group, Inc. stockholders’ equity 140,582 148,703
Noncontrolling interests (16,173) (11,979)
Total stockholders’ equity 124,409 136,724
Total liabilities and stockholders’ equity $ 686,018 $ 763,567