FINANCIAL STATEMENT POLICIES (Tables)

9 Months Ended

Oct. 01, 2022

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Numerators and denominators used in the computations of both basic and diluted EPS

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 October 1, 2022		For the 13 Weeks Ended October 2, 2021		For the 39 Weeks Ended October 1, 2022		For the 39 Weeks Ended October 2, 2021
Numerator:
Net income (loss) attributable to Fossil Group, Inc.	$	5,849	$	31,420	$	(34,739)	$	5,788
Denominator:
Basic EPS computation:
Basic weighted average common shares outstanding	51,825		52,141		51,843		51,900
Basic EPS	$	0.11	$	0.60	$	(0.67)	$	0.11
Diluted EPS computation:
Effect of stock options, stock appreciation rights, restricted stock units and performance restricted stock units	227		625		—		838
Diluted weighted average common shares outstanding	52,052		52,766		51,843		52,738
Diluted EPS	$	0.11	$	0.60	$	(0.67)	$	0.11

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 October 1, 2022 and October 2, 2021 that are presented in the condensed consolidated statement of cash flows (in thousands):


	October 1, 2022		October 2, 2021
Cash and cash equivalents	$	162,612	$	181,782
Restricted cash included in prepaid expenses and other current assets	106		118
Restricted cash included in intangible and other assets-net	10,964		13,858
Cash, cash equivalents and restricted cash	$	173,682	$	195,758

Schedule of cash, cash equivalents and restricted cash


	October 1, 2022		October 2, 2021
Cash and cash equivalents	$	162,612	$	181,782
Restricted cash included in prepaid expenses and other current assets	106		118
Restricted cash included in intangible and other assets-net	10,964		13,858
Cash, cash equivalents and restricted cash	$	173,682	$	195,758