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Fossil Group, Inc. (FOSL)

Income Statement Business | Product | Geographic

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Jan-01-22Jan-02-21Dec-28-19Dec-29-18Dec-30-17Dec-31-16Jan-02-16
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    Americas  744.0785.9642.2950.01,174.51,314.3 1,661.9
    Europe  543.6614.2525.3718.2858.0974.2 1,069.8
    Asia  381.8458.2436.6537.5507.5497.8 497.1
    Other  13.011.69.212.01.51.8  
Total revenues  1,682.41,870.01,613.32,217.72,541.52,788.23,042.43,228.8
            Revenue growth   [+]-10.0%15.9%-27.3%-12.7%-8.8%-8.4%-5.8%-8.0%
                Unit growth        -5.5%4.4%
Cost of goods sold  851.8903.7843.01,118.31,201.41,429.31,464.21,475.4
Gross profit  830.7966.4770.41,099.41,340.11,358.81,578.21,753.5
            Gross margin  49.4%51.7%47.7%49.6%52.7%48.7%51.9%54.3%
Selling, general and administrative  823.7842.6835.11,072.91,224.61,327.81,423.31,428.7
Other operating expenses  2.39.231.68.7    
EBITDA   [+]28.0144.1-53.272.7183.1112.0249.5412.4
            EBITDA margin  1.7%7.7%-3.3%3.3%7.2%4.0%8.2%12.8%
Depreciation  20.826.236.047.755.767.579.682.8
EBITA  7.1117.9-89.225.0127.544.5169.9329.7
            EBITA margin  0.4%6.3%-5.5%1.1%5.0%1.6%5.6%10.2%
Amortization of intangibles  2.53.47.17.111.913.515.04.9
EBIT   [+]4.6114.5-96.317.9115.631.0154.9324.8
            EBIT margin  0.3%6.1%-6.0%0.8%4.5%1.1%5.1%10.1%
Non-recurring items   [+]6.121.939.046.252.8455.327.833.5
Interest expense  19.225.131.829.942.543.226.920.0
Other income (expense), net  -1.4-14.5-4.827.00.013.714.140.4
Pre-tax income  -22.153.1-172.0-31.320.2-453.8114.3311.7
Income taxes  21.426.4-76.018.721.119.828.781.8
            Tax rate   49.8%44.2% 104.7% 25.1%26.2%
Minority interest  0.61.20.22.42.54.66.79.3
Net income  -44.225.4-96.1-52.4-3.5-478.278.9220.6
            Net margin  -2.6%1.4%-6.0%-2.4%-0.1%-17.2%2.6%6.8%
   
Basic EPS   [+]($0.85)$0.49($1.88)($1.04)($0.07)($9.87)$1.64$4.52
Diluted EPS   [+]($0.85)$0.48($1.88)($1.04)($0.07)($9.87)$1.63$4.51
   
Shares outstanding (basic)   [+]51.852.051.150.249.248.548.148.8
Shares outstanding (diluted)   [+]51.852.851.150.249.248.548.348.9
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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