v3.22.2.2
CONDENSED CONSOLIDATED BALANCE SHEETS UNAUDITED - USD ($)
$ in Thousands
Oct. 01, 2022
Jan. 01, 2022
Current assets:    
Cash and cash equivalents $ 162,612 $ 250,844
Accounts receivable - net of allowances for doubtful accounts of $15,025 and $16,388, respectively 214,987 255,131
Inventories 452,747 346,850
Prepaid expenses and other current assets 184,964 169,930
Total current assets 1,015,310 1,022,755
Property, plant and equipment - net of accumulated depreciation of $418,090 and $436,663, respectively 77,379 89,767
Operating lease right-of-use assets 156,448 177,597
Intangible and other assets-net 65,849 78,600
Total long-term assets 299,676 345,964
Total assets 1,314,986 1,368,719
Current liabilities:    
Accounts payable 204,040 229,877
Short-term and current portion of long-term debt 354 554
Accrued expenses:    
Current operating lease liabilities 48,238 58,721
Compensation 40,072 73,595
Royalties 21,380 38,714
Customer liabilities 34,671 40,886
Transaction taxes 8,293 17,147
Other 43,430 46,675
Income taxes payable 28,249 29,478
Total current liabilities 428,727 535,647
Long-term income taxes payable 24,069 20,452
Deferred income tax liabilities 458 504
Long-term debt 293,583 141,354
Long-term operating lease liabilities 151,928 174,520
Other long-term liabilities 25,988 30,884
Total long-term liabilities 496,026 367,714
Commitments and contingencies (Note 13)
Stockholders’ equity:    
Common stock, 51,827 and 52,146 shares issued and outstanding at October 1, 2022 and January 1, 2022, respectively 518 521
Additional paid-in capital 304,498 300,848
Retained earnings 184,909 229,132
Accumulated other comprehensive income (loss) (96,876) (67,275)
Total Fossil Group, Inc. stockholders’ equity 393,049 463,226
Noncontrolling interests (2,816) 2,132
Total stockholders’ equity 390,233 465,358
Total liabilities and stockholders’ equity $ 1,314,986 $ 1,368,719