Fossil Group, Inc. (FOSL) financial statements (2020 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)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments147403231297289276320
Cash and cash equivalents147403231297289276320
Restricted cash and investments00   0 
Receivables248335380388421445455
Inventory, net of allowances, customer advances and progress billings570378574542625597571
Inventory570378574542625597571
Prepaid expense 8869799311176
Derivative instruments and hedges, assets 922313263
Assets held-for-sale, not part of disposal group 112  
Other current assets 192115000
Other undisclosed current assets1262422 3454
Total current assets:1,0921,2591,2911,3471,4431,4901,479
Noncurrent Assets
Finance lease, right-of-use asset6
Operating lease, right-of-use asset292
Property, plant and equipment155183220274326346356
Long-term investments and receivables  122 0
Long-term investments  122 0
Intangible assets, net (including goodwill)286887502521308240
Goodwill   355359198207
Intangible assets, net (excluding goodwill)28688714716211033
Restricted cash and investments88    1
Deferred costs 45223 
Other undisclosed noncurrent assets605356596161154
Total noncurrent assets:549317367840913718751
TOTAL ASSETS:1,6411,5751,6582,1872,3562,2082,230
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities353380461343429375281
Accounts payable193170205164208159165
Accrued liabilities89101149100115130 
Employee-related liabilities55767153615181
Taxes payable17323727443535
Deferred revenue56
Debt22126226231713
Contract with customer, liability71
Other undisclosed current liabilities982846453755197
Total current liabilities:529606509415490447492
Noncurrent Liabilities
Long-term debt and lease obligation, including:242270444610785614495
Long-term debt, excluding current maturities 267440606780608488
Finance lease, liability2
Operating lease, liability289
Other undisclosed long-term debt and lease obligation(48)244567
Liabilities, other than long-term debt7110912391737570
Accounts payable and accrued liabilities322847192117 
Accrued income taxes16
Deferred income tax liabilities3
Other liabilities36807672535955
Other undisclosed noncurrent liabilities2892156758898
Total noncurrent liabilities:602381568757934777663
Total liabilities:1,1319871,0771,1711,4231,2241,155
Stockholders' equity
Stockholders' equity attributable to parent5095865761,0069219781,069
Common stock1000011
Additional paid in capital281268242213187172154
Accumulated other comprehensive income (loss)(79)(65)(76)(95)(81)(16)37
Retained earnings307382410888814822877
Stockholders' equity attributable to noncontrolling interest13591167
Total stockholders' equity:5105895811,0159339841,075
TOTAL LIABILITIES AND EQUITY:1,6411,5751,6582,1872,3562,2082,230

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

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues2,2932,5412,7883,0423,2293,5103,261
Revenue, net2,7883,0423,2293,5103,260
Cost of revenue
(Cost of Goods and Services Sold)
(1,085)(1,201)(1,429)(1,464)(1,475)(1,509)(1,398)
Other undisclosed gross profit     (1)(1)
Gross profit:1,2081,3401,3591,5781,7532,0011,862
Operating expenses(1,169)(1,277)(1,783)(1,451)(1,462)(1,784)(1,595)
Other undisclosed operating income     349295
Operating income (loss):4063(424)127291567562
Nonoperating income (expense)30(0)141440811
Other nonoperating income (expense)30(0)14144079
Interest and debt expense(34)(43)(43)(27)(20)(16)(10)
Income (loss) from continuing operations before equity method investments, income taxes:3620(454)114312559563
Other undisclosed loss from continuing operations before income taxes     (1)(2)
Income (loss) from continuing operations before income taxes:3620(454)114312558561
Income tax expense(32)(21)(20)(29)(82)(171)(173)
Net income (loss):5(1)(474)86230387388
Net loss attributable to noncontrolling interest(2)(3)(5)(7)(9)(10)(10)
Net income (loss) available to common stockholders, diluted:2(3)(478)79221377378

Comprehensive Income ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income (loss):5(1)(474)86230387388
Other comprehensive income (loss)(8)1419(15)(64)(53)8
Comprehensive income (loss):(4)13(454)71166334396
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(2)(3)(5)(7)(9)(10)10
Other undisclosed comprehensive loss, net of tax, attributable to parent      (20)
Comprehensive income (loss), net of tax, attributable to parent:(6)10(459)64157324386

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.

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