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CONDENSED CONSOLIDATED BALANCE SHEETS UNAUDITED - USD ($)
$ in Thousands
Oct. 04, 2025
Dec. 28, 2024
Current assets:    
Cash and cash equivalents $ 79,216 $ 123,598
Accounts receivable - net of allowances for doubtful accounts of $14,596 and $14,656, respectively 162,476 162,164
Inventories 166,849 178,576
Prepaid expenses and other current assets 62,551 90,177
Total current assets 471,092 554,515
Property, plant and equipment - net of accumulated depreciation of $327,997 and $339,050, respectively 35,850 41,568
Operating lease right-of-use assets 122,533 121,389
Intangible and other assets-net 71,552 46,095
Total long-term assets 229,935 209,052
Total assets 701,027 763,567
Current liabilities:    
Accounts payable 133,824 157,636
Short-term debt 6,985 2,170
Accrued expenses:    
Current operating lease liabilities 36,022 37,327
Compensation 41,671 43,426
Royalties 18,971 16,893
Customer liabilities 24,720 29,830
Transaction taxes 4,668 11,315
Other 18,610 20,208
Income taxes payable 17,346 7,765
Total current liabilities 302,817 326,570
Long-term income taxes payable 5,144 5,423
Deferred income tax liabilities 1,144 1,033
Long-term debt 169,064 162,674
Long-term operating lease liabilities 108,645 113,658
Other long-term liabilities 18,135 17,485
Total long-term liabilities 302,132 300,273
Commitments and contingencies (Note 13)
Stockholders’ equity:    
Common stock, 53,847 and 53,254 shares issued and outstanding at October 4, 2025 and December 28, 2024, respectively 538 533
Treasury stock, at cost, 2,500 shares at October 4, 2025 (4,525) 0
Additional paid-in capital 321,223 315,042
Retained (deficit) earnings (144,007) (84,268)
Accumulated other comprehensive income (loss) (60,623) (82,604)
Total Fossil Group, Inc. stockholders’ equity 112,606 148,703
Noncontrolling interests (16,528) (11,979)
Total stockholders’ equity 96,078 136,724
Total liabilities and stockholders’ equity $ 701,027 $ 763,567