Major Customer, Segment and Geographic Information (Tables)

12 Months Ended

Dec. 30, 2023

Segment Reporting [Abstract]

Schedule of information by operating segment

Summary information by operating segment was as follows (in thousands):

	Fiscal Year 2023
	Net Sales		Operating Income (Loss)		Depreciation and Amortization		Long-term Assets		Total Assets
Americas	$	640,779	$	82,746	$	3,734	$	72,512	$	266,691
Europe	437,358		40,962		4,907		76,115		213,929
Asia	328,198		38,162		2,508		58,192		191,886
Corporate	6,049		(304,894)		13,279		60,521		305,524
Consolidated	$	1,412,384	$	(143,024)	$	24,428	$	267,340	$	978,030

	Fiscal Year 2022
	Net Sales		Operating Income (Loss)		Depreciation and Amortization		Long-term Assets		Total Assets
Americas	$	744,027	$	116,401	$	4,834	$	84,247	$	343,556
Europe	541,343		91,087		5,856		86,200		269,097
Asia	377,600		52,090		3,071		48,054		206,925
Corporate	19,469		(261,051)		8,870		74,327		418,550
Consolidated	$	1,682,439	$	(1,473)	$	22,631	$	292,828	$	1,238,128

	Fiscal Year 2021
	Net Sales		Operating Income		Depreciation and Amortization		Long-term Assets		Total Assets
Americas	$	785,923	$	157,012	$	6,227	$	91,840	$	332,822
Europe	610,217		109,964		9,000		102,437		329,579
Asia	455,157		70,949		3,969		60,373		215,611
Corporate	18,739		(245,288)		9,912		91,314		490,707
Consolidated	$	1,870,036	$	92,637	$	29,108	$	345,964	$	1,368,719

Schedule of revenue for each class of similar products

The following table shows revenue for each class of similar products for fiscal years 2023, 2022 and 2021 (in thousands):

	Fiscal Year 2023				Fiscal Year 2022				Fiscal Year 2021
	Net Sales		Percentage of Total		Net Sales		Percentage of Total		Net Sales		Percentage of Total
Watches:
Traditional watches	$	1,015,077	71.9	%	$	1,158,889	68.9	%	$	1,288,499	68.9	%
Smartwatches	80,949		5.7		151,602		9.0		223,899		12.0
Total watches	$	1,096,026	77.6	%	$	1,310,491	77.9	%	$	1,512,398	80.9	%
Leathers	158,427		11.2		178,542		10.6		157,642		8.4
Jewelry	131,410		9.3		154,105		9.2		158,845		8.5
Other	26,521		1.9		39,301		2.3		41,151		2.2
Total	$	1,412,384	100.0	%	$	1,682,439	100.0	%	$	1,870,036	100.0	%

Schedule of net sales and long-lived assets by geographic area

Net sales and long-term assets related to the Company's operations in the U.S., Europe, Asia and all other international markets were as follows (in thousands):

	Fiscal Year 2023
	Net Sales (1)			Long-term Assets
United States	$	514,666		$	107,085
Europe	438,148		(2)	85,575
Asia	330,869		(3)	64,211
All other international	128,701			10,469
Consolidated	$	1,412,384		$	267,340

	Fiscal Year 2022
	Net Sales (1)			Long-term Assets
United States	$	619,981		$	133,100
Europe	543,585		(2)	96,365
Asia	381,845		(3)	53,050
All other international	137,028			10,313
Consolidated	$	1,682,439		$	292,828

	Fiscal Year 2021
	Net Sales (1)			Long-term Assets
United States	$	682,900		$	150,119
Europe	614,249		(2)	117,713
Asia	458,241		(3)	65,693
All other international	114,646			12,439
Consolidated	$	1,870,036		$	345,964

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(1)Net sales are based on the location of the selling entity (including exports).

(2)Net sales from Germany (including exports) accounted for more than 10% of the Company's consolidated net sales and were approximately $173.3 million, $194.1 million and $237.1 million in fiscal years 2023, 2022 and 2021, respectively.

(3)Net sales from China (including Hong Kong, Macau and Taiwan and exports) accounted for more than 10% of the Company's consolidated net sales and were approximately $140.4 million, $174.2 million and $261.4 million in fiscal years 2023, 2022 and 2021, respectively.