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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS) AND COMPREHENSIVE INCOME (LOSS) UNAUDITED - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Apr. 05, 2025
Mar. 30, 2024
Income Statement [Abstract]    
Net sales $ 233,293 $ 254,884
Cost of sales 90,301 121,392
Gross profit 142,992 133,492
Operating expenses:    
Selling, general and administrative expenses 133,839 152,272
Other long-lived asset impairments 79 373
Restructuring expenses 15,821 10,053
Total operating expenses 149,739 162,698
Operating income (loss) (6,747) (29,206)
Interest expense 4,467 5,112
Other income (expense) - net (3,268) 3,887
Income (loss) before income taxes (14,482) (30,431)
Provision (benefit) for income taxes 3,368 (6,117)
Net income (loss) (17,850) (24,314)
Less: Net income (loss) attributable to noncontrolling interests (274) (18)
Net income (loss) attributable to Fossil Group, Inc. (17,576) (24,296)
Other comprehensive income (loss), net of taxes:    
Currency translation adjustment 9,291 (2,486)
Cash flow hedges - net change (474) 646
Pension plan activity 0 (19)
Total other comprehensive income (loss) 8,817 (1,859)
Total comprehensive income (loss) (9,033) (26,173)
Less: Comprehensive income (loss) attributable to noncontrolling interests (274) (18)
Comprehensive income (loss) attributable to Fossil Group, Inc. $ (8,759) $ (26,155)
Earnings (loss) per share:    
Basic (in dollars per share) $ (0.33) $ (0.46)
Diluted (in dollars per share) $ (0.33) $ (0.46)
Weighted average common shares outstanding:    
Basic (in shares) 53,259 52,491
Diluted (in shares) 53,259 52,491