v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS UNAUDITED - USD ($)
$ in Thousands
Jul. 04, 2026
Jan. 03, 2026
Current assets:    
Cash and cash equivalents $ 78,950 $ 95,842
Accounts receivable - net of allowances for doubtful accounts of $10,024 and $12,991, respectively 111,182 144,569
Inventories 177,910 151,796
Prepaid expenses and other current assets 69,695 75,623
Total current assets 437,737 467,830
Property, plant and equipment - net of accumulated depreciation of $295,733 and $309,285, respectively 30,841 34,126
Operating lease right-of-use assets 120,493 118,302
Intangible and other assets-net 64,069 68,996
Total long-term assets 215,403 221,424
Total assets 653,140 689,254
Current liabilities:    
Accounts payable 124,164 132,514
Short-term debt 13 3,985
Accrued expenses:    
Current operating lease liabilities 32,056 34,768
Compensation 28,318 48,695
Royalties 10,372 17,909
Customer liabilities 20,772 29,186
Transaction taxes 3,947 5,109
Other 16,093 17,310
Income taxes payable 12,695 12,287
Total current liabilities 248,430 301,763
Long-term income taxes payable 5,987 5,481
Deferred income tax liabilities 548 607
Long-term debt 203,006 173,847
Long-term operating lease liabilities 106,868 104,442
Other long-term liabilities 14,307 16,338
Total long-term liabilities 330,716 300,715
Commitments and contingencies (Note 13)
Stockholders’ equity:    
Common stock, 59,107 and 58,354 shares issued and outstanding at July 4, 2026 and January 3, 2026, respectively 591 584
Treasury stock, at cost, 2,500 shares at July 4, 2026 and January 3, 2026 (4,525) (4,525)
Additional paid-in capital 330,491 329,232
Retained (deficit) earnings (174,005) (162,567)
Accumulated other comprehensive income (loss) (62,665) (59,889)
Total Fossil Group, Inc. stockholders’ equity 89,887 102,835
Noncontrolling interests (15,893) (16,059)
Total stockholders’ equity 73,994 86,776
Total liabilities and stockholders’ equity $ 653,140 $ 689,254