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CONSOLIDATED STATEMENTS OF INCOME (LOSS) AND COMPREHENSIVE INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Jan. 01, 2022
Jan. 02, 2021
Dec. 28, 2019
Income Statement [Abstract]      
Net sales $ 1,870,036 $ 1,613,343 $ 2,217,712
Cost of sales 903,662 842,987 1,118,274
Gross profit 966,374 770,356 1,099,438
Operating expenses:      
Selling, general and administrative expenses 842,625 835,119 1,072,912
Trade name impairments 0 2,464 16,613
Other long-lived asset impairments 9,223 31,584 8,660
Restructuring charges 21,889 36,508 29,636
Total operating expenses 873,737 905,675 1,127,821
Operating income (loss) 92,637 (135,319) (28,383)
Interest expense 25,086 31,836 29,932
Other income (expense) - net (14,500) (4,828) 26,984
Income (loss) before income taxes 53,051 (171,983) (31,331)
Provision for income taxes 26,427 (76,043) 18,681
Net income (loss) 26,624 (95,940) (50,012)
Less: Net income attributable to noncontrolling interest 1,190 155 2,353
Net income (loss) attributable to Fossil Group, Inc. , Basic 25,434 (96,095) (52,365)
Net income (loss) attributable to Fossil Group, Inc., Diluted 25,434 (96,095) (52,365)
Other comprehensive income (loss), net of taxes:      
Currency translation adjustment (14,423) 19,296 (5,606)
Cash flow hedges - net change 3,494 (2,133) (5,599)
Pension plan activity 2,554 4,552 (4,719)
Total other comprehensive income (loss) (8,375) 21,715 (15,924)
Total comprehensive income (loss) 18,249 (74,225) (65,936)
Less: Comprehensive income attributable to noncontrolling interest 1,190 155 2,353
Comprehensive income (loss) attributable to Fossil Group, Inc.  $ 17,059 $ (74,380) $ (68,289)
Earnings (loss) per share:      
Basic (in dollars per share) $ 0.49 $ (1.88) $ (1.04)
Diluted (in dollars per share) $ 0.48 $ (1.88) $ (1.04)
Weighted average common shares outstanding:      
Basic (in shares) 51,961 51,116 50,230
Diluted (in shares) 52,777 51,116 50,230