v3.25.2

CONDENSED CONSOLIDATED BALANCE SHEETS UNAUDITED - USD ($) $ in Thousands	Jul. 05, 2025	Dec. 28, 2024
Current assets:
Cash and cash equivalents	$ 109,862	$ 123,598
Accounts receivable - net of allowances for doubtful accounts of $14,232 and $14,656, respectively	122,179	162,164
Inventories	178,145	178,576
Prepaid expenses and other current assets	83,382	90,177
Total current assets	493,568	554,515
Property, plant and equipment - net of accumulated depreciation of $343,589 and $339,050, respectively	38,333	41,568
Operating lease right-of-use assets	122,054	121,389
Intangible and other assets-net	50,559	46,095
Total long-term assets	210,946	209,052
Total assets	704,514	763,567
Current liabilities:
Accounts payable	122,871	157,636
Short-term debt	13,388	2,170
Accrued expenses:
Current operating lease liabilities	33,890	37,327
Compensation	35,343	43,426
Royalties	7,755	16,893
Customer liabilities	23,660	29,830
Transaction taxes	3,627	11,315
Other	15,924	20,208
Income taxes payable	13,309	7,765
Total current liabilities	269,767	326,570
Long-term income taxes payable	4,856	5,423
Deferred income tax liabilities	1,141	1,033
Long-term debt	165,615	162,674
Long-term operating lease liabilities	111,499	113,658
Other long-term liabilities	17,725	17,485
Total long-term liabilities	300,836	300,273
Commitments and contingencies (Note 13)
Stockholders’ equity:
Common stock, 53,785 and 53,254 shares issued and outstanding at July 5, 2025 and December 28, 2024, respectively	538	533
Additional paid-in capital	316,146	315,042
Retained (deficit) earnings	(104,138)	(84,268)
Accumulated other comprehensive income (loss)	(62,276)	(82,604)
Total Fossil Group, Inc. stockholders’ equity	150,270	148,703
Noncontrolling interests	(16,359)	(11,979)
Total stockholders’ equity	133,911	136,724
Total liabilities and stockholders’ equity	$ 704,514	$ 763,567

Sum of the carrying amounts of all intangible assets, excluding goodwill, as of the balance sheet date, net of accumulated amortization and impairment charges. Also includes the aggregate carrying amount, as of the balance sheet date, of noncurrent assets not separately disclosed in the balance sheet due to materiality considerations. Noncurrent assets are expected to be realized or consumed after one year.

+ References

No definition available.

Fossil Group, Inc. 10-Q