2022 Q1 Form 10-K Financial Statement

#000088356922000006 Filed on March 10, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2022 2021 Q1
Revenue $604.2M $1.870B $528.1M
YoY Change 14.42% 15.91%
Cost Of Revenue $301.8M $903.7M $268.5M
YoY Change 12.4% 7.2%
Gross Profit $302.4M $966.4M $259.6M
YoY Change 16.5% 25.45%
Gross Profit Margin 50.05% 51.68% 49.16%
Selling, General & Admin $249.1M $842.6M $223.4M
YoY Change 11.51% 0.9%
% of Gross Profit 82.37% 87.19% 86.06%
Research & Development $27.20M
YoY Change 5.02%
% of Gross Profit 2.81%
Depreciation & Amortization $6.196M $29.61M $10.00M
YoY Change -38.04% -31.31%
% of Gross Profit 2.05% 3.06% 3.85%
Operating Expenses $249.1M $873.7M $223.5M
YoY Change 11.46% -3.53%
Operating Profit $53.32M $92.64M $36.10M
YoY Change 47.7% -168.46%
Interest Expense -$4.802M $25.09M -$8.500M
YoY Change -43.51% -21.2%
% of Operating Profit -9.01% 27.08% -23.55%
Other Income/Expense, Net -$15.38M -$14.50M $1.600M
YoY Change -1061.38% 200.33%
Pretax Income $27.05M $53.05M $11.40M
YoY Change 137.32% -130.85%
Income Tax $7.250M $26.43M $15.20M
% Of Pretax Income 26.8% 49.81% 133.33%
Net Earnings $19.65M $26.62M -$4.000M
YoY Change -591.15% -127.75%
Net Earnings / Revenue 3.25% 1.42% -0.76%
Basic Earnings Per Share $0.49
Diluted Earnings Per Share $371.4K $0.48 -$77.82K
COMMON SHARES
Basic Shares Outstanding 52.15M shares 51.96M shares 51.53M shares
Diluted Shares Outstanding 52.78M shares

Balance Sheet

Concept 2022 Q1 2022 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $250.8M $251.7M $316.0M
YoY Change -20.62% -20.66%
Cash & Equivalents $250.8M $250.8M $316.0M
Short-Term Investments $835.0K
Other Short-Term Assets $24.06M $106.0M $23.20M
YoY Change 3.72% 3.65%
Inventory $346.9M $346.9M $295.3M
Prepaid Expenses
Receivables $255.1M $255.1M $229.8M
Other Receivables $5.419M $63.06M $8.230M
Total Short-Term Assets $1.023B $1.023B $990.5M
YoY Change 3.26% 3.26%
LONG-TERM ASSETS
Property, Plant & Equipment $89.77M $267.4M $114.0M
YoY Change -21.27% -21.55%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $327.0K $327.0K $300.0K
YoY Change 9.0% 9.0%
Other Assets $63.92M $63.92M $70.40M
YoY Change -9.21% -9.21%
Total Long-Term Assets $346.0M $346.0M $488.0M
YoY Change -29.11% -29.11%
TOTAL ASSETS
Total Short-Term Assets $1.023B $1.023B $990.5M
Total Long-Term Assets $346.0M $346.0M $488.0M
Total Assets $1.369B $1.369B $1.479B
YoY Change -7.43% -7.43%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $229.9M $229.9M $178.2M
YoY Change 28.99% 29.0%
Accrued Expenses $275.7M $275.7M $305.5M
YoY Change -9.74% -9.74%
Deferred Revenue $40.89M $50.94M
YoY Change -19.74%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $500.0K $554.0K $40.50M
YoY Change -98.77% -98.67%
Total Short-Term Liabilities $535.6M $535.6M $558.5M
YoY Change -4.1% -4.09%
LONG-TERM LIABILITIES
Long-Term Debt $150.0M $141.4M $210.3M
YoY Change -28.67% -23.96%
Other Long-Term Liabilities $30.88M $225.9M $43.13M
YoY Change -28.38% -23.07%
Total Long-Term Liabilities $367.7M $367.2M $479.9M
YoY Change -23.38% -23.42%
TOTAL LIABILITIES
Total Short-Term Liabilities $535.6M $535.6M $558.5M
Total Long-Term Liabilities $367.7M $367.2M $479.9M
Total Liabilities $903.4M $905.5M $1.038B
YoY Change -13.01% -12.88%
SHAREHOLDERS EQUITY
Retained Earnings $229.1M $203.7M
YoY Change 12.49%
Common Stock $301.4M $294.3M
YoY Change 2.4%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $463.2M $463.2M $439.1M
YoY Change
Total Liabilities & Shareholders Equity $1.369B $1.369B $1.479B
YoY Change -7.43% -7.43%

Cashflow Statement

Concept 2022 Q1 2022 2021 Q1
OPERATING ACTIVITIES
Net Income $19.65M $26.62M -$4.000M
YoY Change -591.15% -127.75%
Depreciation, Depletion And Amortization $6.196M $29.61M $10.00M
YoY Change -38.04% -31.31%
Cash From Operating Activities $87.03M $50.03M $5.300M
YoY Change 1541.98% -50.58%
INVESTING ACTIVITIES
Capital Expenditures -$3.554M $10.29M -$1.600M
YoY Change 122.13% 17.8%
Acquisitions
YoY Change
Other Investing Activities -$863.0K $17.40M $200.0K
YoY Change -531.5% -1015.79%
Cash From Investing Activities -$4.417M $7.107M -$1.400M
YoY Change 215.5% -166.95%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $2.420M
YoY Change 232.87%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -15.12M -$112.6M -14.90M
YoY Change 1.47% -1146.98%
NET CHANGE
Cash From Operating Activities 87.03M $50.03M 5.300M
Cash From Investing Activities -4.417M $7.107M -1.400M
Cash From Financing Activities -15.12M -$112.6M -14.90M
Net Change In Cash 67.49M -$59.67M -11.00M
YoY Change -713.54% -151.22%
FREE CASH FLOW
Cash From Operating Activities $87.03M $50.03M $5.300M
Capital Expenditures -$3.554M $10.29M -$1.600M
Free Cash Flow $90.58M $39.74M $6.900M
YoY Change 1212.74% -57.04%

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EarningsPerShareBasic
0.49
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.88
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.04
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.48
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.88
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.04
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
51961000 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
51116000 shares
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50230000 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
52777000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
51116000 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
50230000 shares
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
588631000 USD
CY2019 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
170000 USD
CY2019 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
4197000 USD
CY2019 us-gaap Treasury Stock Retired Cost Method Amount
TreasuryStockRetiredCostMethodAmount
0 USD
CY2019 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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19064000 USD
CY2019 us-gaap Profit Loss
ProfitLoss
-50012000 USD
CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-15924000 USD
CY2019 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
562000 USD
CY2019 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
3861000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
503841000 USD
CY2021 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
0 USD
CY2021 us-gaap Stock Repurchased During Period Value
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727000 USD
CY2021 us-gaap Treasury Stock Retired Cost Method Amount
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0 USD
CY2021 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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11143000 USD
CY2021 us-gaap Profit Loss
ProfitLoss
-95940000 USD
CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
21715000 USD
CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
440032000 USD
CY2022 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
0 USD
CY2022 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
2420000 USD
CY2022 us-gaap Treasury Stock Retired Cost Method Amount
TreasuryStockRetiredCostMethodAmount
0 USD
CY2022 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
9497000 USD
CY2022 us-gaap Profit Loss
ProfitLoss
26624000 USD
CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-8375000 USD
CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
465358000 USD
CY2022 us-gaap Profit Loss
ProfitLoss
26624000 USD
CY2021 us-gaap Profit Loss
ProfitLoss
-95940000 USD
CY2019 us-gaap Profit Loss
ProfitLoss
-50012000 USD
CY2022 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
29606000 USD
CY2021 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
43134000 USD
CY2019 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
54792000 USD
CY2021 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
31584000 USD
CY2022 fosl Non Cash Lease Expense
NonCashLeaseExpense
90250000 USD
CY2021 fosl Non Cash Lease Expense
NonCashLeaseExpense
109327000 USD
CY2019 fosl Non Cash Lease Expense
NonCashLeaseExpense
120011000 USD
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
9497000 USD
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
11143000 USD
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
15845000 USD
CY2022 fosl Allowance For Returns And Markdowns Income Expense
AllowanceForReturnsAndMarkdownsIncomeExpense
6420000 USD
CY2021 fosl Allowance For Returns And Markdowns Income Expense
AllowanceForReturnsAndMarkdownsIncomeExpense
29903000 USD
CY2019 fosl Allowance For Returns And Markdowns Income Expense
AllowanceForReturnsAndMarkdownsIncomeExpense
-15752000 USD
CY2022 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
5218000 USD
CY2021 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
13611000 USD
CY2019 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
4584000 USD
CY2022 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
0 USD
CY2021 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
0 USD
CY2019 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
23134000 USD
CY2022 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
9223000 USD
CY2019 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
8660000 USD
CY2022 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0 USD
CY2021 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
2464000 USD
CY2019 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
16613000 USD
CY2022 fosl Restructuring Charges Noncash
RestructuringChargesNoncash
655000 USD
CY2021 fosl Restructuring Charges Noncash
RestructuringChargesNoncash
2532000 USD
CY2019 fosl Restructuring Charges Noncash
RestructuringChargesNoncash
5196000 USD
CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
3070000 USD
CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
9535000 USD
CY2019 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2921000 USD
CY2022 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-17861000 USD
CY2021 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-13737000 USD
CY2019 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
1424000 USD
CY2022 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-13005000 USD
CY2021 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2019 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-3044000 USD
CY2022 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
347000 USD
CY2021 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
628000 USD
CY2019 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-601000 USD
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
35453000 USD
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-60747000 USD
CY2019 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-30940000 USD
CY2022 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
62261000 USD
CY2021 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-168603000 USD
CY2019 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
78135000 USD
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-20920000 USD
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
27714000 USD
CY2019 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-10994000 USD
CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
53934000 USD
CY2021 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
3500000 USD
CY2019 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
4862000 USD
CY2022 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-12927000 USD
CY2021 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
3001000 USD
CY2019 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-30049000 USD
CY2022 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
3085000 USD
CY2021 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-60030000 USD
CY2019 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
4570000 USD
CY2022 fosl Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
-105769000 USD
CY2021 fosl Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
-131499000 USD
CY2019 fosl Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
-120470000 USD
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
50029000 USD
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
101238000 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-14209000 USD
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
10293000 USD
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
8738000 USD
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
20894000 USD
CY2022 fosl Payments To Proceeds From Acquire Intangible And Other Assets
PaymentsToProceedsFromAcquireIntangibleAndOtherAssets
-6031000 USD
CY2021 fosl Payments To Proceeds From Acquire Intangible And Other Assets
PaymentsToProceedsFromAcquireIntangibleAndOtherAssets
1956000 USD
CY2019 fosl Payments To Proceeds From Acquire Intangible And Other Assets
PaymentsToProceedsFromAcquireIntangibleAndOtherAssets
3252000 USD
CY2022 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
11369000 USD
CY2021 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
78000 USD
CY2019 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
1255000 USD
CY2022 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
0 USD
CY2021 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
0 USD
CY2019 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
41570000 USD
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
7107000 USD
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-10616000 USD
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
18679000 USD
CY2022 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
2420000 USD
CY2021 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
727000 USD
CY2019 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
4197000 USD
CY2022 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
0 USD
CY2021 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
0 USD
CY2019 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
3861000 USD
CY2022 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
254717000 USD
CY2021 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
317250000 USD
CY2022 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="margin-bottom:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Concentration of Risk</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> involves financial instruments that potentially expose the Company to concentration of credit risk and consist primarily of cash investments and accounts receivable. The Company places its cash investments with high-credit quality financial institutions and currently invests primarily in corporate debt securities and money market funds with major banks and financial institutions. Accounts receivable are generally diversified due to the number of entities comprising the Company's customer base and their dispersion across many geographic regions. The Company believes no significant concentration of credit risk exists with respect to these cash investments and accounts receivable.</span></div><div style="margin-bottom:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">A significant portion of sales of the Company's products are supplied by manufacturers located outside of the U.S., primarily in Asia. While the Company is not dependent on any single manufacturer outside the U.S., the Company could be adversely affected by political, economic or other disruptions affecting the business or operations of third-party manufacturers located outside of the U.S. </span></div>The Company has entered into multi-year, worldwide exclusive license agreements for the manufacture, distribution and sale of products bearing the brand names of certain globally recognized fashion companies.
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
264572000 USD
CY2019 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
685332000 USD
CY2022 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
354389000 USD
CY2021 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
295771000 USD
CY2019 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
870552000 USD
CY2022 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-10479000 USD
CY2021 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-10000000 USD
CY2019 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-15208000 USD
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-112571000 USD
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
10752000 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-208486000 USD
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-4239000 USD
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
15123000 USD
CY2019 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
882000 USD
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-59674000 USD
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
116497000 USD
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-203134000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
324246000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
207749000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
410883000 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
264572000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
324246000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
207749000 USD
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> is required in the preparation of the consolidated financial statements in conformity with accounting principles generally accepted in the United States of America. Management makes estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. On an ongoing basis, management evaluates its estimates and judgments, including those related to product returns, bad debt, inventories, long-lived asset impairment, impairment of trade names, income taxes, warranty costs and litigation liabilities. Management bases its estimates and judgments on the information available at the time and various other assumptions believed to be reasonable under the circumstances, including estimates of the impact of the coronavirus (“COVID-19”) pandemic. Management estimates form the basis for making judgments about the carrying value of the assets and liabilities that are not readily apparent from other sources. Actual results could differ from those estimates, including the impact of the COVID-19 pandemic.</span>
CY2022Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
250844000 USD
CY2021Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
315965000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
200218000 USD
CY2022Q1 us-gaap Restricted Cash Current
RestrictedCashCurrent
117000 USD
CY2021Q1 us-gaap Restricted Cash Current
RestrictedCashCurrent
121000 USD
CY2019Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
30000 USD
CY2022Q1 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
13611000 USD
CY2021Q1 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
8160000 USD
CY2019Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
7501000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
324246000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
207749000 USD
CY2022Q1 fosl Allowance For Doubtful Accounts Receivable And Sales Returns Current
AllowanceForDoubtfulAccountsReceivableAndSalesReturnsCurrent
16400000 USD
CY2021Q1 fosl Allowance For Doubtful Accounts Receivable And Sales Returns Current
AllowanceForDoubtfulAccountsReceivableAndSalesReturnsCurrent
20800000 USD
CY2022Q1 fosl Inventory Materials Supplies And Merchandise Under Consignment Net Of Reserves
InventoryMaterialsSuppliesAndMerchandiseUnderConsignmentNetOfReserves
28200000 USD
CY2021Q1 fosl Inventory Materials Supplies And Merchandise Under Consignment Net Of Reserves
InventoryMaterialsSuppliesAndMerchandiseUnderConsignmentNetOfReserves
46000000 USD
CY2022 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-4000000.0 USD
CY2021 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-6500000 USD
CY2019 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
3900000 USD
CY2022 us-gaap Contract With Customer Asset Credit Loss Expense
ContractWithCustomerAssetCreditLossExpense
40100000 USD
CY2021 us-gaap Contract With Customer Asset Credit Loss Expense
ContractWithCustomerAssetCreditLossExpense
49800000 USD
CY2022 us-gaap Advertising Expense
AdvertisingExpense
168400000 USD
CY2021 us-gaap Advertising Expense
AdvertisingExpense
126300000 USD
CY2019 us-gaap Advertising Expense
AdvertisingExpense
171000000 USD
CY2022 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
27200000 USD
CY2021 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
25900000 USD
CY2019 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
32400000 USD
CY2022 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
25434000 USD
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
25434000 USD
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-96095000 USD
CY2021 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-96095000 USD
CY2019 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-52365000 USD
CY2019 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-52365000 USD
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
51961000 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
51116000 shares
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50230000 shares
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.49
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.88
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.04
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
51961000 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
51116000 shares
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50230000 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
52777000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
51116000 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
50230000 shares
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.48
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.88
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.04
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1870036000 USD
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1870036000 USD
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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1613343000 USD
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CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
7960000 USD
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
4340000 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
26427000 USD
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2019 us-gaap Income Tax Expense Benefit
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18681000 USD
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.210
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.210
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.210
CY2022 fosl Effective Income Tax Rate Reconciliation Permanent Differences Percent
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-0.025
CY2021 fosl Effective Income Tax Rate Reconciliation Permanent Differences Percent
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-0.045
CY2019 fosl Effective Income Tax Rate Reconciliation Permanent Differences Percent
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-0.020
CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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-0.020
CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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-0.001
CY2019 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.176
CY2022 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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-0.038
CY2021 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.012
CY2019 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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0.128
CY2022 fosl Effective Income Tax Rate Reconciliation Withholding Tax
EffectiveIncomeTaxRateReconciliationWithholdingTax
0.075
CY2021 fosl Effective Income Tax Rate Reconciliation Withholding Tax
EffectiveIncomeTaxRateReconciliationWithholdingTax
-0.012
CY2019 fosl Effective Income Tax Rate Reconciliation Withholding Tax
EffectiveIncomeTaxRateReconciliationWithholdingTax
-0.111
CY2022 fosl Effective Income Tax Rate Reconciliation Gilti Tax Foreign
EffectiveIncomeTaxRateReconciliationGILTITaxForeign
0.057
CY2021 fosl Effective Income Tax Rate Reconciliation Gilti Tax Foreign
EffectiveIncomeTaxRateReconciliationGILTITaxForeign
0.021
CY2019 fosl Effective Income Tax Rate Reconciliation Gilti Tax Foreign
EffectiveIncomeTaxRateReconciliationGILTITaxForeign
-0.242
CY2022 us-gaap Effective Income Tax Rate Reconciliation Tax Settlements Foreign
EffectiveIncomeTaxRateReconciliationTaxSettlementsForeign
0
CY2021 us-gaap Effective Income Tax Rate Reconciliation Tax Settlements Foreign
EffectiveIncomeTaxRateReconciliationTaxSettlementsForeign
0.039
CY2019 us-gaap Effective Income Tax Rate Reconciliation Tax Settlements Foreign
EffectiveIncomeTaxRateReconciliationTaxSettlementsForeign
0.003
CY2021 fosl Effective Income Tax Rate Reconciliation Nondeductible Foreign Equity Awards Percent
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-0.004
CY2019 fosl Effective Income Tax Rate Reconciliation Nondeductible Foreign Equity Awards Percent
EffectiveIncomeTaxRateReconciliationNondeductibleForeignEquityAwardsPercent
-0.032
CY2022 fosl Effective Income Tax Rate Reconciliation Nondeductible Officer Compensation Percent
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0.010
CY2019 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
0.032
CY2022 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.319
CY2021 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-0.004
CY2019 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-0.532
CY2022 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.056
CY2021 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0
CY2019 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0
CY2022 fosl Effective Income Tax Rate Reconciliation Non Deductible Employee Stock Awards Percent
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-0.003
CY2021 fosl Effective Income Tax Rate Reconciliation Non Deductible Employee Stock Awards Percent
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-0.014
CY2019 fosl Effective Income Tax Rate Reconciliation Non Deductible Employee Stock Awards Percent
EffectiveIncomeTaxRateReconciliationNonDeductibleEmployeeStockAwardsPercent
-0.109
CY2022 us-gaap Effective Income Tax Rate Reconciliation Equity In Earnings Losses Of Unconsolidated Subsidiary
EffectiveIncomeTaxRateReconciliationEquityInEarningsLossesOfUnconsolidatedSubsidiary
0.069
CY2021 us-gaap Effective Income Tax Rate Reconciliation Equity In Earnings Losses Of Unconsolidated Subsidiary
EffectiveIncomeTaxRateReconciliationEquityInEarningsLossesOfUnconsolidatedSubsidiary
0
CY2019 us-gaap Effective Income Tax Rate Reconciliation Equity In Earnings Losses Of Unconsolidated Subsidiary
EffectiveIncomeTaxRateReconciliationEquityInEarningsLossesOfUnconsolidatedSubsidiary
0
CY2022 fosl Effective Income Tax Rate Reconciliation Changein Foreign Deferred Tax Rate Percent
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-0.011
CY2021 fosl Effective Income Tax Rate Reconciliation Changein Foreign Deferred Tax Rate Percent
EffectiveIncomeTaxRateReconciliationChangeinForeignDeferredTaxRatePercent
0
CY2019 fosl Effective Income Tax Rate Reconciliation Changein Foreign Deferred Tax Rate Percent
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-0.045
CY2022 fosl Effective Income Tax Rate Reconciliation Nondeductible Foreign Equity Awards Percent
EffectiveIncomeTaxRateReconciliationNondeductibleForeignEquityAwardsPercent
0.008
CY2021 fosl Effective Income Tax Rate Reconciliation Nondeductible Officer Compensation Percent
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0.007
CY2019 fosl Effective Income Tax Rate Reconciliation Nondeductible Officer Compensation Percent
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-0.037
CY2022 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
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0
CY2021 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
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0
CY2019 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
0.063
CY2022 fosl Effective Income Tax Rate Reconciliation Deferred Adjustment Percent
EffectiveIncomeTaxRateReconciliationDeferredAdjustmentPercent
0
CY2021 fosl Effective Income Tax Rate Reconciliation Deferred Adjustment Percent
EffectiveIncomeTaxRateReconciliationDeferredAdjustmentPercent
0
CY2019 fosl Effective Income Tax Rate Reconciliation Deferred Adjustment Percent
EffectiveIncomeTaxRateReconciliationDeferredAdjustmentPercent
-0.080
CY2022 fosl Effective Income Tax Rate Reconciliation Benefit Related To Cares Act Percent
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0
CY2021 fosl Effective Income Tax Rate Reconciliation Benefit Related To Cares Act Percent
EffectiveIncomeTaxRateReconciliationBenefitRelatedToCARESActPercent
0.217
CY2019 fosl Effective Income Tax Rate Reconciliation Benefit Related To Cares Act Percent
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0
CY2022 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.002
CY2021 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0
CY2019 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.498
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
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0.442
CY2019 us-gaap Effective Income Tax Rate Continuing Operations
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-0.596
CY2022Q1 us-gaap Deferred Tax Assets Valuation Allowance
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123000000 USD
CY2022Q1 us-gaap Undistributed Earnings Of Foreign Subsidiaries
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156700000 USD
CY2022Q1 fosl Undistributed Earnings Of Foreign Subsidiaries Amount Subject To Reinvestment
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562000000 USD
CY2022Q1 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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24800000 USD
CY2021Q1 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
31500000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
35700000 USD
CY2022Q1 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit
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14200000 USD
CY2022Q1 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
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8200000 USD
CY2021Q1 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
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6700000 USD
CY2022Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties Accrued
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0 USD
CY2021Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAccrued
800000 USD
CY2022 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
1500000 USD
CY2021 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
1900000 USD
CY2019 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
1200000 USD
CY2019 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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8912000 USD
CY2021Q1 us-gaap Unrecognized Tax Benefits
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31540000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
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35676000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits
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39909000 USD
CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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2266000 USD
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
1241000 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
6639000 USD
CY2022 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
3016000 USD
CY2021 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
4281000 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
4000 USD
CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
1120000 USD
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
857000 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
184000 USD
CY2022 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
630000 USD
CY2021 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
0 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
1901000 USD
CY2022 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
1188000 USD
CY2021 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
2255000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
66909000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
46656000 USD
CY2022 fosl Unrecognized Tax Benefits Increase Decrease Due To Currency Revaluation
UnrecognizedTaxBenefitsIncreaseDecreaseDueToCurrencyRevaluation
-259000 USD
CY2021 fosl Unrecognized Tax Benefits Increase Decrease Due To Currency Revaluation
UnrecognizedTaxBenefitsIncreaseDecreaseDueToCurrencyRevaluation
302000 USD
CY2019 fosl Unrecognized Tax Benefits Increase Decrease Due To Currency Revaluation
UnrecognizedTaxBenefitsIncreaseDecreaseDueToCurrencyRevaluation
-239000 USD
CY2022Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
29833000 USD
CY2021Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
31540000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
35676000 USD
CY2022 us-gaap Operating Lease Cost
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86994000 USD
CY2021 us-gaap Operating Lease Cost
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106004000 USD
CY2022 us-gaap Short Term Lease Cost
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666000 USD
CY2021 us-gaap Short Term Lease Cost
ShortTermLeaseCost
610000 USD
CY2022 us-gaap Variable Lease Cost
VariableLeaseCost
23452000 USD
CY2021 us-gaap Variable Lease Cost
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22048000 USD
CY2022Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
177597000 USD
CY2021Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
226815000 USD
CY2022Q1 us-gaap Operating Lease Liability Current
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58721000 USD
CY2021Q1 us-gaap Operating Lease Liability Current
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64851000 USD
CY2022Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
174520000 USD
CY2021Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
230635000 USD
CY2022Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y8M12D
CY2021Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y10M24D
CY2022Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
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0.141
CY2021Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
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0.140
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
90620000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
68361000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
45266000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
31658000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
25647000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
93725000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
355277000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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122036000 USD
CY2022Q1 us-gaap Operating Lease Liability
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233241000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
101507000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
85753000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
33012000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
122318000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
456155000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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160669000 USD
CY2021Q1 us-gaap Operating Lease Liability
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295486000 USD
CY2022 us-gaap Operating Lease Payments
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106049000 USD
CY2021 us-gaap Operating Lease Payments
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131499000 USD
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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15784000 USD
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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26474000 USD
CY2022 us-gaap Royalty Expense
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157800000 USD
CY2021 us-gaap Royalty Expense
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137200000 USD
CY2019 us-gaap Royalty Expense
RoyaltyExpense
161800000 USD
CY2021 us-gaap Asset Retirement Obligation Liabilities Incurred
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1542000 USD
CY2022Q1 us-gaap Other Commitment Due In Next Twelve Months
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129673000 USD
CY2022Q1 us-gaap Other Commitment Due In Second Year
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21112000 USD
CY2022Q1 us-gaap Other Commitment Due In Third Year
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19235000 USD
CY2022Q1 us-gaap Other Commitment Due In Fourth Year
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17090000 USD
CY2022Q1 us-gaap Other Commitment Due In Fifth Year
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2570000 USD
CY2022Q1 us-gaap Other Commitment Due After Fifth Year
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5140000 USD
CY2022Q1 us-gaap Other Commitment
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194820000 USD
CY2022Q1 us-gaap Unrecorded Unconditional Purchase Obligation Balance Sheet Amount
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441300000 USD
CY2021Q1 us-gaap Asset Retirement Obligation
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13845000 USD
CY2019Q4 us-gaap Asset Retirement Obligation
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12093000 USD
CY2022 us-gaap Asset Retirement Obligation Liabilities Incurred
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646000 USD
CY2021Q1 us-gaap Common Stock Shares Issued
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51474034 shares
CY2021Q1 us-gaap Common Stock Shares Outstanding
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51474034 shares
CY2022 us-gaap Asset Retirement Obligation Liabilities Settled
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1043000 USD
CY2021 us-gaap Asset Retirement Obligation Liabilities Settled
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933000 USD
CY2022 us-gaap Asset Retirement Obligation Accretion Expense
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395000 USD
CY2021 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
325000 USD
CY2022 us-gaap Asset Retirement Obligation Foreign Currency Translation Gain Loss
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-682000 USD
CY2021 us-gaap Asset Retirement Obligation Foreign Currency Translation Gain Loss
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818000 USD
CY2022Q1 us-gaap Asset Retirement Obligation
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13161000 USD
CY2021Q1 us-gaap Asset Retirement Obligation
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13845000 USD
CY2022Q1 us-gaap Common Stock Shares Authorized
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100000000 shares
CY2021Q1 us-gaap Common Stock Shares Authorized
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100000000 shares
CY2022Q1 us-gaap Common Stock Par Or Stated Value Per Share
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0.01
CY2021Q1 us-gaap Common Stock Par Or Stated Value Per Share
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0.01
CY2022Q1 us-gaap Common Stock Shares Outstanding
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52145738 shares
CY2022Q1 us-gaap Common Stock Shares Issued
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52145738 shares
CY2021Q1 us-gaap Preferred Stock Shares Authorized
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1000000 shares
CY2022Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000 shares
CY2021Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
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0.01
CY2022Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
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0.01
CY2022Q1 us-gaap Preferred Stock Shares Issued
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0 shares
CY2021Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2022Q1 us-gaap Preferred Stock Shares Outstanding
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0 shares
CY2021Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
us-gaap Treasury Stock Value Acquired Cost Method
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1200000000 USD
us-gaap Treasury Stock Shares Acquired
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11800000 shares
CY2022Q1 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
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30000000 USD
CY2022 us-gaap Defined Contribution Plan Cost Recognized
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2300000 USD
CY2021 us-gaap Defined Contribution Plan Cost Recognized
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1000000 USD
CY2019 us-gaap Defined Contribution Plan Cost Recognized
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3200000 USD
CY2022 fosl Defined Contribution Plan Maximum Additional Contribution Per Employee Percentage
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0.15
CY2021 fosl Deferred Contribution Plan Additional Employer Matching Contributions
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0 USD
CY2022 fosl Deferred Contribution Plan Additional Employer Matching Contributions
DeferredContributionPlanAdditionalEmployerMatchingContributions
0 USD
CY2019 fosl Deferred Contribution Plan Additional Employer Matching Contributions
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0 USD
CY2022 fosl Deferred Compensation Plan Contributions By Employer
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0 USD
CY2019 fosl Deferred Compensation Plan Contributions By Employer
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0 USD
CY2021 fosl Deferred Compensation Plan Contributions By Employer
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0 USD
CY2021Q1 us-gaap Deferred Compensation Plan Assets
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6300000 USD
CY2021Q1 us-gaap Deferred Compensation Arrangement With Individual Recorded Liability
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4400000 USD
CY2022Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
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13000000 USD
CY2022 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
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P1Y7M6D
CY2018Q4 fosl Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndStockAppreciationRightsOutstandingNumber
1930000 shares
CY2018Q4 fosl Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndStockAppreciationRightsOutstandingWeightedAverageExercisePrice
49.25
CY2018 fosl Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Outstanding Weighted Average Remaining Contractual Term
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndStockAppreciationRightsOutstandingWeightedAverageRemainingContractualTerm
P1Y3M18D
CY2018Q4 fosl Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndStockAppreciationRightsOutstandingIntrinsicValue
37000 USD
CY2019 fosl Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndStockAppreciationRightsGrantsInPeriodGross
0 shares
CY2019 fosl Share Based Compensation Arrangements By Share Based Payment Award Options And Stock Appreciation Rights Grants In Period Weighted Average Exercise Price
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13.65
CY2019 fosl Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Exercises In Period Total Intrinsic Value
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CY2019 fosl Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Forfeitures And Expirations In Period Weighted Average Exercise Price
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39.84
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509000 shares
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76.13
CY2019 fosl Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Outstanding Weighted Average Remaining Contractual Term
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P2Y6M
CY2019Q4 fosl Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Outstanding Intrinsic Value
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0 USD
CY2021 fosl Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndStockAppreciationRightsGrantsInPeriodGross
0 shares
CY2021 fosl Share Based Compensation Arrangements By Share Based Payment Award Options And Stock Appreciation Rights Grants In Period Weighted Average Exercise Price
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0
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CY2021 fosl Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Exercises In Period Total Intrinsic Value
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CY2021 fosl Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Forfeitures And Expirations In Period
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126000 shares
CY2021 fosl Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Forfeitures And Expirations In Period Weighted Average Exercise Price
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79.44
CY2021Q1 fosl Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Outstanding Number
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383000 shares
CY2021Q1 fosl Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Outstanding Weighted Average Exercise Price
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75.05
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P1Y10M24D
CY2021Q1 fosl Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Outstanding Intrinsic Value
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0 USD
CY2022 fosl Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Grants In Period Gross
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0 shares
CY2022 fosl Share Based Compensation Arrangements By Share Based Payment Award Options And Stock Appreciation Rights Grants In Period Weighted Average Exercise Price
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0
CY2022 fosl Stock Issued During Period Shares Stock Options And Stock Appreciation Rights Exercised
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0 shares
CY2022 fosl Share Based Compensation Arrangements By Share Based Payment Award Options And Stock Appreciation Rights Exercises In Period Weighted Average Exercise Price
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0
CY2022 fosl Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndStockAppreciationRightsExercisesInPeriodTotalIntrinsicValue
0 USD
CY2022 fosl Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndStockAppreciationRightsForfeituresAndExpirationsInPeriod
101000 shares
CY2022 fosl Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Forfeitures And Expirations In Period Weighted Average Exercise Price
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82.57
CY2022Q1 fosl Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Outstanding Number
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282000 shares
CY2022Q1 fosl Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Outstanding Weighted Average Exercise Price
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72.34
CY2022 fosl Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Outstanding Weighted Average Remaining Contractual Term
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CY2022Q1 fosl Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Outstanding Intrinsic Value
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0 USD
CY2022Q1 fosl Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndStockAppreciationRightsExercisableNumber
282000 shares
CY2022Q1 fosl Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Exercisable Weighted Average Exercise Price
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72.34
CY2022 fosl Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Exercisable Weighted Average Remaining Contractual Term
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CY2022Q1 fosl Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Exercisable Intrinsic Value
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CY2022 us-gaap Interest Paid Net
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CY2021 us-gaap Interest Paid Net
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431000 USD
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12688000 USD
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545274000 USD
CY2022 dei Auditor Firm
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34

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