Fossil Group, Inc. (FOSL) financial statements (2021 and earlier)

Company profile

Business Address 901 S CENTRAL EXPRESSWAY
RICHARDSON, TX 75080
State of Incorp. DE
Fiscal Year End December 31
SIC 3873 - Watches, Clocks, Clockwork Operated Devices, and Parts (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments316200403231297289276
Cash and cash equivalents316200403231297289276
Restricted cash and investments000   0
Receivables276300335380388421445
Inventory, net of allowances, customer advances and progress billings295452378574542625597
Inventory295452378574542625597
Prepaid expense525788697993111
Derivative instruments and hedges, assets0392231326
Assets held-for-sale, not part of disposal group10 112  
Other current assets232219211500
Other undisclosed current assets18242422 34
Total current assets:9901,0591,2591,2911,3471,4431,490
Noncurrent Assets
Finance lease, right-of-use asset66
Operating lease, right-of-use asset227288
Nontrade receivables52      
Property, plant and equipment114152183220274326346
Long-term investments and receivables   122 
Long-term investments   122 
Intangible assets, net (including goodwill)18276887502521308
Goodwill    355359198
Intangible assets, net (excluding goodwill)18276887147162110
Restricted cash and investments888    
Deferred costs6545223
Deferred income tax assets3438
Other undisclosed noncurrent assets23225356596161
Total noncurrent assets:488545317367840913718
TOTAL ASSETS:1,4791,6051,5751,6582,1872,3562,208
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities401383380461343429375
Accounts payable178172170205164208159
Accrued liabilities90105101149100115130
Employee-related liabilities78527671536151
Taxes payable54553237274435
Deferred revenue5181
Debt42261262262317
Contract with customer, liability71
Other undisclosed current liabilities65692846453755
Total current liabilities:559559606509415490447
Noncurrent Liabilities
Long-term debt and lease obligation, including:186179270444610785614
Long-term debt, excluding current maturities210177267440606780608
Finance lease, liability11
Operating lease, liability231289
Other undisclosed long-term debt and lease obligation(256)(289)24456
Liabilities, other than long-term debt6374109123917375
Accounts payable and accrued liabilities20312847192117
Deferred income tax liabilities02
Other liabilities43418076725359
Other undisclosed noncurrent liabilities23128921567588
Total noncurrent liabilities:480542381568757934777
Total liabilities:1,0381,1019871,0771,1711,4231,224
Stockholders' equity
Stockholders' equity attributable to parent4395035865761,006921978
Common stock1100001
Additional paid in capital294283268242213187172
Accumulated other comprehensive loss(59)(81)(65)(76)(95)(81)(16)
Retained earnings204300382410888814822
Stockholders' equity attributable to noncontrolling interest11359116
Total stockholders' equity:4405045895811,015933984
TOTAL LIABILITIES AND EQUITY:1,4791,6051,5751,6582,1872,3562,208

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues1,6132,2182,5412,7883,0423,2293,510
Revenue, net2,7883,0423,2293,510
Cost of revenue
(Cost of Goods and Services Sold)
(843)(1,118)(1,201)(1,429)(1,464)(1,475)(1,509)
Other undisclosed gross profit      (1)
Gross profit:7701,0991,3401,3591,5781,7532,001
Operating expenses(906)(1,128)(1,277)(1,783)(1,451)(1,462)(1,784)
Other undisclosed operating income      349
Operating income (loss):(135)(28)63(424)127291567
Nonoperating income (expense)(5)27(0)1414408
Other nonoperating income (expense)(5)27(0)1414407
Interest and debt expense(32)(30)(43)(43)(27)(20)(16)
Income (loss) from continuing operations before equity method investments, income taxes:(172)(31)20(454)114312559
Other undisclosed loss from continuing operations before income taxes      (1)
Income (loss) from continuing operations before income taxes:(172)(31)20(454)114312558
Income tax expense (benefit)76(19)(21)(20)(29)(82)(171)
Net income (loss):(96)(50)(1)(474)86230387
Net loss attributable to noncontrolling interest(0)(2)(3)(5)(7)(9)(10)
Net income (loss) available to common stockholders, diluted:(96)(52)(3)(478)79221377

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):(96)(50)(1)(474)86230387
Other comprehensive income (loss)22(16)1419(15)(64)(53)
Comprehensive income (loss):(74)(66)13(454)71166334
Comprehensive loss, net of tax, attributable to noncontrolling interest(0)(2)(3)(5)(7)(9)(10)
Comprehensive income (loss), net of tax, attributable to parent:(74)(68)10(459)64157324

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: