Fossil Group Inc
For the period ended Jun 29, 2024. Filed Aug 8, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 29, 2024 · Filed Aug 8, 2024
FOSL$7.87-2.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Balance Sheets
| June 29, 2024 | December 30, 2023 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $104,906 | $117,197 |
| Accounts receivable - net of allowances for doubtful accounts of $15,241 and $12,616, respectively | 133,076 | 187,942 |
| Inventories | 202,128 | 252,834 |
| Prepaid expenses and other current assets | 102,299 | 152,717 |
| Total current assets | 542,409 | 710,690 |
| Property, plant and equipment - net of accumulated depreciation of $368,016 and $384,688, respectively | 47,216 | 57,244 |
| Operating lease right-of-use assets | 140,168 | 151,000 |
| Intangible and other assets-net | 55,889 | 59,096 |
| Total long-term assets | 243,273 | 267,340 |
| Total assets | $785,682 | $978,030 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities: | ||
| Accounts payable | $132,535 | $147,161 |
| Short-term debt | 2,556 | 480 |
| Accrued expenses: | ||
| Current operating lease liabilities | 39,689 | 43,565 |
| Compensation | 37,573 | 44,789 |
| Royalties | 7,572 | 15,880 |
| Customer liabilities | 24,782 | 37,584 |
| Transaction taxes | 6,673 | 10,412 |
| Other | 20,630 | 27,811 |
| Income taxes payable | 7,660 | 14,795 |
| Total current liabilities | 279,670 | 342,477 |
| Long-term income taxes payable | 19,491 | 20,409 |
| Deferred income tax liabilities | 686 | 698 |
| Long-term debt | 156,535 | 206,983 |
| Long-term operating lease liabilities | 125,360 | 137,644 |
| Other long-term liabilities | 16,864 | 18,081 |
| Total long-term liabilities | 318,936 | 383,815 |
| Commitments and contingencies (Note 13) | ||
| Stockholders’ equity: | ||
| Common stock, 53,099 and 52,487 shares issued and outstanding at June 29, 2024 and December 30, 2023, respectively | 531 | 525 |
| Additional paid-in capital | 313,581 | 311,709 |
| Retained (deficit) earnings | (44,678) | 18,403 |
| Accumulated other comprehensive income (loss) | (79,788) | (76,405) |
| Total Fossil Group, Inc. stockholders’ equity | 189,646 | 254,232 |
| Noncontrolling interests | (2,570) | (2,494) |
| Total stockholders’ equity | 187,076 | 251,738 |
| Total liabilities and stockholders’ equity | $785,682 | $978,030 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.