Fossil Group (FOSL) annual balance sheet covering fiscal 2019 through 2024, as reported to the SEC.
Total assets have shrunk 13.8% a year on average since fiscal 2019, from $1.6B to $763.57M.
A balance sheet shows what a company owns and what it owes on a single date. The difference between the two belongs to shareholders.
| Dec'24 | Dec'23 | Dec'22 | Jan'22 | Jan'21 | Dec'19 | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||||||
Current assets: | |||||||||||||||||||||
Cash and cash equivalents | |||||||||||||||||||||
123,598 | 117,197 | 198,726 | 250,844 | 315,965 | 200,218 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Cash and cash equivalents | 123,598 | 117,197 | 198,726 | 250,844 | 315,965 | 200,218 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Securities available for sale | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Securities available for sale | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Accounts receivable - net of allowances for doubtful accounts of $10,024 and $12,991, respectively | |||||||||||||||||||||
162,164 | 187,942 | 206,133 | 255,131 | 229,847 | 289,744 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Accounts receivable - net of allowances for doubtful accounts of $10,024 and $12,991, respectively | 162,164 | 187,942 | 206,133 | 255,131 | 229,847 | 289,744 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Inventories | |||||||||||||||||||||
178,576 | 252,834 | 376,028 | 346,850 | 295,296 | 452,278 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Inventories | 178,576 | 252,834 | 376,028 | 346,850 | 295,296 | 452,278 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Deferred income tax assets-net | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Deferred income tax assets-net | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Prepaid expenses and other current assets | |||||||||||||||||||||
90,177 | 152,717 | 164,413 | 169,930 | 149,367 | 117,218 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Prepaid expenses and other current assets | 90,177 | 152,717 | 164,413 | 169,930 | 149,367 | 117,218 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total current assets | |||||||||||||||||||||
554,515 | 710,690 | 945,300 | 1,022,755 | 990,475 | 1,059,458 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total current assets | 554,515 | 710,690 | 945,300 | 1,022,755 | 990,475 | 1,059,458 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Property, plant and equipment - net of accumulated depreciation of $295,733 and $309,285, respectively | |||||||||||||||||||||
41,568 | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Property, plant and equipment - net of accumulated depreciation of $295,733 and $309,285, respectively | 41,568 | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Investments | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Investments | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Property, plant and equipment - net of accumulated depreciation of $299,706 and $309,285, respectively | |||||||||||||||||||||
- | 57,244 | 79,882 | 89,767 | 114,026 | 151,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Property, plant and equipment - net of accumulated depreciation of $299,706 and $309,285, respectively | - | 57,244 | 79,882 | 89,767 | 114,026 | 151,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Operating lease right-of-use assets | |||||||||||||||||||||
121,389 | 151,000 | 156,947 | 177,597 | 226,815 | 288,166 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Operating lease right-of-use assets | 121,389 | 151,000 | 156,947 | 177,597 | 226,815 | 288,166 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Goodwill | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Goodwill | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Intangible and other assets-net | |||||||||||||||||||||
46,095 | 59,096 | 55,999 | 78,600 | 147,189 | 105,608 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Intangible and other assets-net | 46,095 | 59,096 | 55,999 | 78,600 | 147,189 | 105,608 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total long-term assets | |||||||||||||||||||||
209,052 | 267,340 | 292,828 | 345,964 | 488,030 | 545,274 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total long-term assets | 209,052 | 267,340 | 292,828 | 345,964 | 488,030 | 545,274 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total assets | |||||||||||||||||||||
763,567 | 978,030 | 1,238,128 | 1,368,719 | 1,478,505 | 1,604,732 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total assets | 763,567 | 978,030 | 1,238,128 | 1,368,719 | 1,478,505 | 1,604,732 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Liabilities and Stockholders’ Equity | |||||||||||||||||||||
Current liabilities: | |||||||||||||||||||||
Accounts payable | |||||||||||||||||||||
157,636 | 147,161 | 191,141 | 229,877 | 178,212 | 172,191 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Accounts payable | 157,636 | 147,161 | 191,141 | 229,877 | 178,212 | 172,191 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Short-term debt | |||||||||||||||||||||
2,170 | 480 | 342 | 554 | 41,561 | 26,228 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Short-term debt | 2,170 | 480 | 342 | 554 | 41,561 | 26,228 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Accrued expenses: | |||||||||||||||||||||
Current operating lease liabilities | |||||||||||||||||||||
37,327 | 43,565 | 49,702 | 58,721 | 64,851 | 68,838 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Current operating lease liabilities | 37,327 | 43,565 | 49,702 | 58,721 | 64,851 | 68,838 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Compensation | |||||||||||||||||||||
43,426 | 44,789 | 44,259 | 73,595 | 78,085 | 51,573 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Compensation | 43,426 | 44,789 | 44,259 | 73,595 | 78,085 | 51,573 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Royalties | |||||||||||||||||||||
16,893 | 15,880 | 20,875 | 38,714 | 27,554 | 28,427 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Royalties | 16,893 | 15,880 | 20,875 | 38,714 | 27,554 | 28,427 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Customer liabilities | |||||||||||||||||||||
29,830 | 37,584 | 41,996 | 40,886 | 50,941 | 80,803 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Customer liabilities | 29,830 | 37,584 | 41,996 | 40,886 | 50,941 | 80,803 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Transaction taxes | |||||||||||||||||||||
11,315 | 10,412 | 14,303 | 17,147 | 21,271 | 25,683 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Transaction taxes | 11,315 | 10,412 | 14,303 | 17,147 | 21,271 | 25,683 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Other | |||||||||||||||||||||
20,208 | 27,811 | 40,424 | 46,675 | 62,846 | 76,209 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Other | 20,208 | 27,811 | 40,424 | 46,675 | 62,846 | 76,209 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Income taxes payable | |||||||||||||||||||||
7,765 | 14,795 | 22,878 | 29,478 | 33,205 | 29,228 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Income taxes payable | 7,765 | 14,795 | 22,878 | 29,478 | 33,205 | 29,228 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total current liabilities | |||||||||||||||||||||
326,570 | 342,477 | 425,920 | 535,647 | 558,526 | 559,180 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total current liabilities | 326,570 | 342,477 | 425,920 | 535,647 | 558,526 | 559,180 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Long-term income taxes payable | |||||||||||||||||||||
5,423 | 20,409 | 22,603 | 20,452 | 19,840 | 31,284 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Long-term income taxes payable | 5,423 | 20,409 | 22,603 | 20,452 | 19,840 | 31,284 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Deferred income tax liabilities | |||||||||||||||||||||
1,033 | 698 | 616 | 504 | 495 | 2,097 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Deferred income tax liabilities | 1,033 | 698 | 616 | 504 | 495 | 2,097 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Long-term debt | |||||||||||||||||||||
162,674 | 206,983 | 216,132 | 141,354 | 185,852 | 178,796 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Long-term debt | 162,674 | 206,983 | 216,132 | 141,354 | 185,852 | 178,796 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Long-term operating lease liabilities | |||||||||||||||||||||
113,658 | 137,644 | 150,188 | 174,520 | 230,635 | 288,689 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Long-term operating lease liabilities | 113,658 | 137,644 | 150,188 | 174,520 | 230,635 | 288,689 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Other long-term liabilities | |||||||||||||||||||||
17,485 | 18,081 | 19,660 | 30,884 | 43,125 | 40,845 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Other long-term liabilities | 17,485 | 18,081 | 19,660 | 30,884 | 43,125 | 40,845 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total long-term liabilities | |||||||||||||||||||||
300,273 | 383,815 | 409,199 | 367,714 | 479,947 | 541,711 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total long-term liabilities | 300,273 | 383,815 | 409,199 | 367,714 | 479,947 | 541,711 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Commitments and contingencies (Note 13) | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Commitments and contingencies (Note 13) | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Stockholders’ equity: | |||||||||||||||||||||
Common stock, 59,107 and 58,354 shares issued and outstanding at July 4, 2026 and January 3, 2026, respectively | |||||||||||||||||||||
533 | 525 | 518 | 521 | 515 | 505 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Common stock, 59,107 and 58,354 shares issued and outstanding at July 4, 2026 and January 3, 2026, respectively | 533 | 525 | 518 | 521 | 515 | 505 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Treasury stock, at cost, 2,500 shares at July 4, 2026 and January 3, 2026 | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Treasury stock, at cost, 2,500 shares at July 4, 2026 and January 3, 2026 | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Additional paid-in capital | |||||||||||||||||||||
315,042 | 311,709 | 306,241 | 300,848 | 293,777 | 283,371 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Additional paid-in capital | 315,042 | 311,709 | 306,241 | 300,848 | 293,777 | 283,371 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Retained (deficit) earnings | |||||||||||||||||||||
-84,268 | 18,403 | 175,491 | 229,132 | 203,698 | 299,793 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Retained (deficit) earnings | -84,268 | 18,403 | 175,491 | 229,132 | 203,698 | 299,793 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Accumulated other comprehensive income (loss) | |||||||||||||||||||||
-82,604 | -76,405 | -76,318 | -67,275 | -58,900 | -80,615 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Accumulated other comprehensive income (loss) | -82,604 | -76,405 | -76,318 | -67,275 | -58,900 | -80,615 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total Fossil Group, Inc. stockholders’ equity | |||||||||||||||||||||
148,703 | 254,232 | 405,932 | 463,226 | 439,090 | 503,054 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total Fossil Group, Inc. stockholders’ equity | 148,703 | 254,232 | 405,932 | 463,226 | 439,090 | 503,054 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Noncontrolling interests | |||||||||||||||||||||
-11,979 | -2,494 | -2,923 | 2,132 | 942 | 787 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Noncontrolling interests | -11,979 | -2,494 | -2,923 | 2,132 | 942 | 787 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total stockholders’ equity | |||||||||||||||||||||
136,724 | 251,738 | 403,009 | 465,358 | 440,032 | 503,841 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total stockholders’ equity | 136,724 | 251,738 | 403,009 | 465,358 | 440,032 | 503,841 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total liabilities and stockholders’ equity | |||||||||||||||||||||
763,567 | 978,030 | 1,238,128 | 1,368,719 | 1,478,505 | 1,604,732 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total liabilities and stockholders’ equity | 763,567 | 978,030 | 1,238,128 | 1,368,719 | 1,478,505 | 1,604,732 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Common stock, shares outstanding (in shares) | |||||||||||||||||||||
- | - | - | - | - | 50,516 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Common stock, shares outstanding (in shares) | - | - | - | - | - | 50,516 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Common stock, shares outstanding (in shares) | |||||||||||||||||||||
- | - | - | - | - | 50,516 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Common stock, shares outstanding (in shares) | - | - | - | - | - | 50,516 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||