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CONSOLIDATED STATEMENTS OF INCOME (LOSS) AND COMPREHENSIVE INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Jan. 02, 2021
Dec. 28, 2019
Dec. 29, 2018
Income Statement [Abstract]      
Net sales $ 1,613,343 $ 2,217,712 $ 2,541,488
Cost of sales 842,987 1,118,274 1,201,351
Gross profit 770,356 1,099,438 1,340,137
Operating expenses:      
Selling, general and administrative expenses 866,703 1,081,572 1,224,584
Trade name impairments 2,464 16,613 6,212
Restructuring charges 36,508 29,636 46,630
Total operating expenses 905,675 1,127,821 1,277,426
Operating income (loss) (135,319) (28,383) 62,711
Interest expense 31,836 29,932 42,503
Other income (expense) - net (4,828) 26,984 (38)
Income (loss) before income taxes (171,983) (31,331) 20,170
Provision for income taxes (76,043) 18,681 21,108
Net income (loss) (95,940) (50,012) (938)
Less: Net income attributable to noncontrolling interest 155 2,353 2,540
Net income (loss) attributable to Fossil Group, Inc.  (96,095) (52,365) (3,478)
Other comprehensive income (loss), net of taxes:      
Currency translation adjustment 19,296 (5,606) (10,369)
Cash flow hedges - net change (2,133) (5,599) 20,673
Pension plan activity 4,552 (4,719) 3,267
Total other comprehensive income (loss) 21,715 (15,924) 13,571
Total comprehensive income (loss) (74,225) (65,936) 12,633
Less: Comprehensive income attributable to noncontrolling interest 155 2,353 2,540
Comprehensive income (loss) attributable to Fossil Group, Inc.  $ (74,380) $ (68,289) $ 10,093
Earnings (loss) per share:      
Basic (in dollars per share) $ (1.88) $ (1.04) $ (0.07)
Diluted (in dollars per share) $ (1.88) $ (1.04) $ (0.07)
Weighted average common shares outstanding:      
Basic (in shares) 51,116 50,230 49,196
Diluted (in shares) 51,116 50,230 49,196