%PDF-1.5 1 0 obj <> endobj 3 0 obj <><><>] /Rotate 0 /Contents 4 0 R>> endobj 4 0 obj <> stream BT /F1 12.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 50.00 771.20 Td (Use these links to rapidly review the document) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 749.8669921875 m 151.4208984375 749.8669921875 l s q 0 0 1 rg BT 50.00 751.20 Td (T) Tj ET Q q 0 0 1 rg BT 55.31 751.20 Td (ABLE OF CONTENTS) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 729.8669921875 m 86.82373046875 729.8669921875 l s q 0 0 1 rg BT 50.00 731.20 Td (P) Tj ET Q q 0 0 1 rg BT 54.64 731.20 Td (AR) Tj ET Q q 0 0 1 rg BT 67.93 731.20 Td (T) Tj ET Q q 0 0 1 rg BT 73.86 731.20 Td ( IV) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.39 w 0 i [] 0 d 1 J 1 j 3 M 50 712.53359375 m 106.76171875 712.53359375 l s q 0 0 1 rg BT 50.00 713.60 Td (T) Tj ET Q q 0 0 1 rg BT 54.33 713.60 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 50 676.6 m 563 676.6 l s BT /F1 10.00 Tf ET BT /F2 14.00 Tf ET q 0 0 0 rg BT 251.20 651.30 Td (UNITED ST) Tj ET Q q 0 0 0 rg BT 325.24 651.30 Td (A) Tj ET Q q 0 0 0 rg BT 334.31 651.30 Td (TES) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 155.65 634.50 Td (SECURITIES ) Tj ET Q q 0 0 0 rg BT 243.19 634.50 Td (AND EXCHANGE COMMISSION) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 245.10 622.50 Td (W) Tj ET Q q 0 0 0 rg BT 253.99 622.50 Td (ASHINGT) Tj ET Q q 0 0 0 rg BT 299.93 622.50 Td (ON, D.C. 20549) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 203.50 601.50 Td (_________________________________________) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 268.05 575.70 Td (FORM 10-K) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 58.80 546.93 Td (\(Mark One\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.50 546.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 144.50 546.77 Td () Tj ET Q /GS0 gs q 10.60 0 0 9.76 79.15 528.94 cm /I1 Do Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.50 531.77 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.50 531.93 Td (ANNUAL) Tj ET Q q 0 0 0 rg BT 187.00 531.93 Td ( REPOR) Tj ET Q q 0 0 0 rg BT 224.05 531.93 Td (T) Tj ET Q q 0 0 0 rg BT 230.45 531.93 Td ( PURSUANT) Tj ET Q q 0 0 0 rg BT 287.22 531.93 Td ( ) Tj ET Q q 0 0 0 rg BT 289.54 531.93 Td (T) Tj ET Q q 0 0 0 rg BT 296.03 531.93 Td (O SECTION13 OR 15\(d\) OF) Tj ET Q q 0 0 0 rg BT 422.16 531.93 Td ( ) Tj ET Q q 0 0 0 rg BT 424.38 531.93 Td (THE SECURITIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.50 521.93 Td (EXCHANGE) Tj ET Q q 0 0 0 rg BT 204.51 521.93 Td (ACT) Tj ET Q q 0 0 0 rg BT 225.25 521.93 Td ( OF) Tj ET Q q 0 0 0 rg BT 241.37 521.93 Td (1934) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 208.95 507.93 Td (For) Tj ET Q q 0 0 0 rg BT 224.41 507.93 Td ( the Fiscal ) Tj ET Q q 0 0 0 rg BT 269.96 507.93 Td (Y) Tj ET Q q 0 0 0 rg BT 276.44 507.93 Td (ear) Tj ET Q q 0 0 0 rg BT 289.67 507.93 Td ( Ended December) Tj ET Q q 0 0 0 rg BT 365.59 507.93 Td ( 29, 2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 298.50 493.93 Td (OR) Tj ET Q /GS0 gs q 8.91 0 0 9.76 80.00 476.94 cm /I2 Do Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.50 479.77 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.50 479.93 Td (TRANSITION REPOR) Tj ET Q q 0 0 0 rg BT 245.00 479.93 Td (T) Tj ET Q q 0 0 0 rg BT 251.49 479.93 Td ( PURSUANT) Tj ET Q q 0 0 0 rg BT 308.25 479.93 Td ( ) Tj ET Q q 0 0 0 rg BT 310.57 479.93 Td (T) Tj ET Q q 0 0 0 rg BT 317.06 479.93 Td (O SECTION13 OR 15\(d\) OF) Tj ET Q q 0 0 0 rg BT 443.09 479.93 Td ( ) Tj ET Q q 0 0 0 rg BT 445.41 479.93 Td (THE SECURITIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.50 469.93 Td (EXCHANGE) Tj ET Q q 0 0 0 rg BT 204.23 469.93 Td (ACT) Tj ET Q q 0 0 0 rg BT 225.16 469.93 Td ( OF) Tj ET Q q 0 0 0 rg BT 241.18 469.93 Td (1934) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 217.30 455.93 Td (For) Tj ET Q q 0 0 0 rg BT 232.67 455.93 Td ( the transition period fr) Tj ET Q q 0 0 0 rg BT 333.03 455.93 Td (omto) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 236.10 430.70 Td (Commission File Number0-19848) Tj ET Q /GS0 gs q 165.00 0 0 74.00 223.50 342.70 cm /I3 Do Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 256.70 321.70 Td (FOSSIL) Tj ET Q q 0 0 0 rg BT 291.72 321.70 Td ( GROUP) Tj ET Q q 0 0 0 rg BT 329.41 321.70 Td (,INC.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 202.70 306.70 Td (\(Exact name of registrant as specified in its charter\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 152.30 283.03 Td (Delawar) Tj ET Q q 0 0 0 rg BT 188.22 283.03 Td (e) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 114.45 272.87 Td (\(State or other jurisdiction of) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.30 262.87 Td (incorporation or or) Tj ET Q q 0 0 0 rg BT 187.65 262.87 Td (ganization\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 283.77 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 415.30 283.03 Td (75-2018505) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.30 272.87 Td (\(I.R.S. Employer) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.25 262.87 Td (Identification No.\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 115.35 248.03 Td (901 S. Central Expr) Tj ET Q q 0 0 0 rg BT 200.17 248.03 Td (essway) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 133.30 238.03 Td (Richardson, ) Tj ET Q q 0 0 0 rg BT 187.57 238.03 Td (T) Tj ET Q q 0 0 0 rg BT 193.32 238.03 Td (exas) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 93.15 227.87 Td (\(Address of principal executive of) Tj ET Q q 0 0 0 rg BT 229.59 227.87 Td (fices\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 248.77 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 427.00 238.03 Td (75080) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.40 227.87 Td (\(Zip Code\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 170.05 202.70 Td (Registrant's telephone number) Tj ET Q q 0 0 0 rg BT 290.87 202.70 Td (, including area code: ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 379.44 202.70 Td (\(972\)234-2525) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 79.50 181.70 Td (Securities registered pursuant to Section12\(b\) of the ) Tj ET Q q 0 0 0 rg BT 292.22 181.70 Td (Act:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 149.20000000000005 m 296 149.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 318 149.20000000000005 m 564 149.20000000000005 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 142.45 153.43 Td (T) Tj ET Q q 0 0 0 rg BT 147.71 153.43 Td (itle of each class) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 366.20 153.43 Td (Name of each exchange on which r) Tj ET Q q 0 0 0 rg BT 484.26 153.43 Td (egister) Tj ET Q q 0 0 0 rg BT 506.77 153.43 Td (ed) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 107.75 138.87 Td (Common Stock, $0.01 par value) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.85 138.87 Td (The Nasdaq stock market LLC) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 79.50 113.70 Td (Securities registered pursuant to Section12\(g\) of the ) Tj ET Q q 0 0 0 rg BT 292.22 113.70 Td (Act: ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 311.94 113.70 Td (None) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 203.50 92.70 Td (_________________________________________) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 79.50 71.70 Td (Indicate by check mark if the registrant is a well-known seasoned issuer) Tj ET Q q 0 0 0 rg BT 367.06 71.70 Td (, as defined in Rule405 of the Securities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 59.70 Td (Act.) Tj ET Q q 0 0 0 rg BT 68.57 59.70 Td (Y) Tj ET Q q 0 0 0 rg BT 74.79 59.70 Td (es) Tj ET Q /GS0 gs q 8.91 0 0 10.09 85.62 57.54 cm /I4 Do Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 94.53 59.70 Td (No) Tj ET Q /GS0 gs q 10.60 0 0 10.09 116.75 57.54 cm /I5 Do Q endstream endobj 5 0 obj <> endobj 6 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 79.50 677.10 Td (Indicate by check mark if the registrant is not required to file reports pursuant to Section13 or Section15\(d\) of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 665.10 Td (Act.) Tj ET Q q 0 0 0 rg BT 68.57 665.10 Td (Y) Tj ET Q q 0 0 0 rg BT 74.79 665.10 Td (es) Tj ET Q /GS0 gs q 8.91 0 0 10.09 85.62 662.94 cm /I6 Do Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 94.53 665.10 Td (No) Tj ET Q /GS0 gs q 10.60 0 0 10.09 119.25 662.94 cm /I7 Do Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 79.50 644.10 Td (Indicate by check mark whether the registrant \(1\)has filed all reports required to be filed by Section13 or 15\(d\) of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 632.10 Td (Securities Exchange ) Tj ET Q q 0 0 0 rg BT 132.81 632.10 Td (Act of 1934 during the preceding 12months \(or for such shorter period that the registrant was required to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 620.10 Td (file such reports\), and \(2\)has been subject to such filing requirements for the past 90days.) Tj ET Q q 0 0 0 rg BT 414.30 620.10 Td (Y) Tj ET Q q 0 0 0 rg BT 420.53 620.10 Td (es) Tj ET Q /GS0 gs q 10.60 0 0 10.09 431.36 617.94 cm /I8 Do Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.96 620.10 Td (No) Tj ET Q /GS0 gs q 8.91 0 0 10.09 466.68 617.94 cm /I9 Do Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 79.50 599.10 Td (Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 587.10 Td (submitted pursuant to Rule405 of RegulationS-T) Tj ET Q q 0 0 0 rg BT 249.58 587.10 Td ( \(232.405 of this chapter\) during the preceding 12months \(or for such ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 575.10 Td (shorter period that the registrant was required to submit such files\).) Tj ET Q q 0 0 0 rg BT 320.17 575.10 Td (Y) Tj ET Q q 0 0 0 rg BT 326.39 575.10 Td (es) Tj ET Q /GS0 gs q 10.60 0 0 10.09 337.22 572.94 cm /I10 Do Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.82 575.10 Td (No) Tj ET Q /GS0 gs q 8.91 0 0 10.09 372.54 572.94 cm /I11 Do Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 79.50 554.10 Td (Indicate by check mark if disclosure of delinquent filers pursuant to Item405 of RegulationS-K \(229.405 of this ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 542.10 Td (chapter\) is not contained herein, and will not be contained, to the best of registrant's knowledge, in definitive proxy or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 530.10 Td (information statements incorporated by reference in PartIII of this Form10-K or any amendment to this Form10-K.) Tj ET Q /GS0 gs q 8.91 0 0 10.09 519.38 527.94 cm /I12 Do Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 79.50 509.10 Td (Indicate by check mark whether the registrant is a lar) Tj ET Q q 0 0 0 rg BT 291.73 509.10 Td (ge accelerated filer) Tj ET Q q 0 0 0 rg BT 367.38 509.10 Td (, an accelerated filer) Tj ET Q q 0 0 0 rg BT 448.03 509.10 Td (, a non-accelerated filer) Tj ET Q q 0 0 0 rg BT 542.00 509.10 Td (, a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 497.10 Td (smaller reporting company) Tj ET Q q 0 0 0 rg BT 156.59 497.10 Td (, or an emer) Tj ET Q q 0 0 0 rg BT 204.17 497.10 Td (ging growth company) Tj ET Q q 0 0 0 rg BT 291.28 497.10 Td (. See the definitions of "lar) Tj ET Q q 0 0 0 rg BT 398.49 497.10 Td (ge accelerated filer) Tj ET Q q 0 0 0 rg BT 474.14 497.10 Td (," "accelerated filer) Tj ET Q q 0 0 0 rg BT 551.01 497.10 Td (," ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 485.10 Td ("smaller reporting company" and "emer) Tj ET Q q 0 0 0 rg BT 208.73 485.10 Td (ging growth company" in Rule12b-2 of the Exchange ) Tj ET Q q 0 0 0 rg BT 427.49 485.10 Td (Act.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 58.70 456.86 Td (Lar) Tj ET Q q 0 0 0 rg BT 71.03 456.86 Td (ge accelerated ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 77.10 447.86 Td (filer) Tj ET Q /GS0 gs q 9.54 0 0 9.18 94.34 445.92 cm /I13 Do Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 134.50 456.17 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 162.25 456.86 Td (Accelerated filer ) Tj ET Q /GS0 gs q 8.02 0 0 9.18 224.71 454.92 cm /I14 Do Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 241.50 456.17 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 275.00 456.86 Td (Non-accelerated ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 291.85 447.86 Td (filer) Tj ET Q /GS0 gs q 8.02 0 0 9.18 309.09 445.92 cm /I15 Do Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 304.50 438.86 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.50 456.17 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 379.85 456.86 Td (Smaller reporting ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 389.85 447.86 Td (company) Tj ET Q /GS0 gs q 8.02 0 0 9.18 425.09 445.92 cm /I16 Do Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 488.95 456.86 Td (Emer) Tj ET Q q 0 0 0 rg BT 508.28 456.86 Td (ging growth ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 498.85 447.86 Td (company) Tj ET Q /GS0 gs q 8.02 0 0 9.18 534.09 445.92 cm /I17 Do Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 394.10 Td (If an emer) Tj ET Q q 0 0 0 rg BT 121.90 394.10 Td (ging growth company) Tj ET Q q 0 0 0 rg BT 209.02 394.10 Td (, indicate by check mark if the registrant has elected not to use the extended transition ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 382.10 Td (period for complying with any new or revised financial accounting standards provided pursuant to Section 13\(a\) of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 370.10 Td (Exchange ) Tj ET Q q 0 0 0 rg BT 90.87 370.10 Td (Act. ) Tj ET Q /GS0 gs q 8.91 0 0 10.09 112.81 367.94 cm /I18 Do Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 79.50 346.10 Td (Indicate by check mark whether the registrant is a shell company \(as defined in Rule12b-2 of the Exchange ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 334.10 Td (Act\).) Tj ET Q q 0 0 0 rg BT 71.90 334.10 Td (Y) Tj ET Q q 0 0 0 rg BT 78.12 334.10 Td (es) Tj ET Q /GS0 gs q 8.91 0 0 10.09 88.95 331.94 cm /I19 Do Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 97.86 334.10 Td (No) Tj ET Q /GS0 gs q 10.60 0 0 10.09 122.58 331.94 cm /I20 Do Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 79.50 313.10 Td (The aggregate market value of Common Stock, $0.01 par value per share \(the "Common Stock"\), held by non-af) Tj ET Q q 0 0 0 rg BT 530.13 313.10 Td (filiates ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 301.10 Td (of the registrant, based on the last sale price of the Common Stock as reported by the NASDAQ Global Select Market on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 289.10 Td (June30, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 105.33 289.10 Td ( was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.88 289.10 Td ($838.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 153.38 289.10 Td ( million. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 79.50 268.10 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.94 268.10 Td (February14, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 177.54 268.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 182.54 268.10 Td (49,607,772) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 227.54 268.10 Td ( shares of Common Stock were outstanding.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 203.50 247.10 Td (_________________________________________) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 191.40 226.10 Td (DOCUMENTS INCORPORA) Tj ET Q q 0 0 0 rg BT 319.83 226.10 Td (TED BY) Tj ET Q q 0 0 0 rg BT 356.41 226.10 Td ( REFERENCE) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 79.50 205.10 Td (Portions of the registrant's proxy statement to be furnished to shareholders in connection with its ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.17 205.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.17 205.10 Td ( ) Tj ET Q q 0 0 0 rg BT 490.12 205.10 Td (Annual Meeting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 193.10 Td (of Stockholders are incorporated by reference in PartIII, Items10-14 of this ) Tj ET Q q 0 0 0 rg BT 356.62 193.10 Td (Annual Report on Form10-K.) Tj ET Q 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 50 173.60000000000002 m 563 173.60000000000002 l s BT /F1 10.00 Tf ET endstream endobj 7 0 obj <><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><>] /Rotate 0 /Contents 8 0 R>> endobj 8 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET q 0 0 0 rg BT 256.70 742.25 Td (FOSSIL) Tj ET Q q 0 0 0 rg BT 291.72 742.25 Td ( GROUP) Tj ET Q q 0 0 0 rg BT 329.41 742.25 Td (,INC.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 278.90 730.25 Td (FORM 10-K) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 181.50 718.25 Td (FOR ) Tj ET Q q 0 0 0 rg BT 204.93 718.25 Td (THE FISCAL) Tj ET Q q 0 0 0 rg BT 264.67 718.25 Td ( ) Tj ET Q q 0 0 0 rg BT 266.80 718.25 Td (YEAR ENDED ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 335.14 718.25 Td (DECEMBER29, 2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 430.42 718.25 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 289.85 706.25 Td (INDEX) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 657.75 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 113.50 657.75 414.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 527.50 657.75 35.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 627.75 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 113.50 627.75 414.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 527.50 627.75 35.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 597.75 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 113.50 597.75 414.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 527.50 597.75 35.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 567.75 512.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 525.75 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 113.50 525.75 414.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 527.50 525.75 35.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 495.75 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 113.50 495.75 414.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 527.50 495.75 35.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 465.75 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 113.50 465.75 414.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 527.50 465.75 35.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 435.75 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 113.50 435.75 414.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 527.50 435.75 35.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 405.75 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 113.50 405.75 414.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 527.50 405.75 35.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 375.75 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 113.50 375.75 414.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 527.50 375.75 35.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 345.75 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 113.50 345.75 414.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 527.50 345.75 35.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 315.75 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 113.50 315.75 414.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 527.50 315.75 35.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 527.5 672.75 m 562.5 672.75 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 677.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 116.00 677.43 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 536.25 676.98 Td (Page) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 291.15 661.0833984375 m 320.8423828125 661.0833984375 l s q 0 0 1 rg BT 291.15 662.42 Td (P) Tj ET Q q 0 0 1 rg BT 295.79 662.42 Td (AR) Tj ET Q q 0 0 1 rg BT 309.08 662.42 Td (T) Tj ET Q q 0 0 1 rg BT 315.01 662.42 Td ( I) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 53 646.0833984375 m 81.3251953125 646.0833984375 l s q 0 0 1 rg BT 53.00 647.42 Td (Item1.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 116 646.0833984375 m 151.5615234375 646.0833984375 l s q 0 0 1 rg BT 116.00 647.42 Td (Business) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 53 631.0833984375 m 88.546875 631.0833984375 l s q 0 0 1 rg BT 53.00 632.42 Td (Item1A.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 116 631.0833984375 m 166.2783203125 631.0833984375 l s q 0 0 1 rg BT 116.00 632.42 Td (Risk Factors) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 53 616.0833984375 m 87.9951171875 616.0833984375 l s q 0 0 1 rg BT 53.00 617.42 Td (Item1B.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 116 616.0833984375 m 229.69140625 616.0833984375 l s q 0 0 1 rg BT 116.00 617.42 Td (Unresolved Staf) Tj ET Q q 0 0 1 rg BT 180.53 617.42 Td (f Comments) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 53 601.0833984375 m 81.3251953125 601.0833984375 l s q 0 0 1 rg BT 53.00 602.42 Td (Item2.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 116 601.0833984375 m 156.546875 601.0833984375 l s q 0 0 1 rg BT 116.00 602.42 Td (Properties) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 53 586.0833984375 m 81.3251953125 586.0833984375 l s q 0 0 1 rg BT 53.00 587.42 Td (Item3.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 116 586.0833984375 m 190.140625 586.0833984375 l s q 0 0 1 rg BT 116.00 587.42 Td (Legal Proceedings) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 53 571.0833984375 m 81.3251953125 571.0833984375 l s q 0 0 1 rg BT 53.00 572.42 Td (Item4.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 116 571.0833984375 m 214.3154296875 571.0833984375 l s q 0 0 1 rg BT 116.00 572.42 Td (Mine Safety Disclosures) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 289.45 556.0833984375 m 322.4724609375 556.0833984375 l s q 0 0 1 rg BT 289.45 557.42 Td (P) Tj ET Q q 0 0 1 rg BT 294.09 557.42 Td (AR) Tj ET Q q 0 0 1 rg BT 307.38 557.42 Td (T) Tj ET Q q 0 0 1 rg BT 313.31 557.42 Td ( II) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 53 541.9833984375 m 81.3251953125 541.9833984375 l s q 0 0 1 rg BT 53.00 543.32 Td (Item5.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 116 539.0833984375 m 524.2958984375 539.0833984375 l s q 0 0 1 rg BT 116.00 540.42 Td (Market for Registrant's Common Equity) Tj ET Q q 0 0 1 rg BT 276.58 540.42 Td (, Related Stockholder Matters and Issuer Purchases of Equity ) Tj ET Q BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 116 529.0833984375 m 155.43359375 529.0833984375 l s q 0 0 1 rg BT 116.00 530.42 Td (Securities) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 53 514.0833984375 m 81.3251953125 514.0833984375 l s q 0 0 1 rg BT 53.00 515.42 Td (Item6.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 116 514.0833984375 m 210.9609375 514.0833984375 l s q 0 0 1 rg BT 116.00 515.42 Td (Selected Financial Data) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 53 499.0833984375 m 81.3251953125 499.0833984375 l s q 0 0 1 rg BT 53.00 500.42 Td (Item7.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 116 499.0833984375 m 473.314453125 499.0833984375 l s q 0 0 1 rg BT 116.00 500.42 Td (Management's Discussion and ) Tj ET Q q 0 0 1 rg BT 239.17 500.42 Td (Analysis of Financial Condition and Results of Operations) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 53 484.0833984375 m 88.546875 484.0833984375 l s q 0 0 1 rg BT 53.00 485.42 Td (Item7A.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 116 484.0833984375 m 357.62109375 484.0833984375 l s q 0 0 1 rg BT 116.00 485.42 Td (Quantitative and Qualitative Disclosures ) Tj ET Q q 0 0 1 rg BT 280.40 485.42 Td (About Market Risk) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 53 469.0833984375 m 81.3251953125 469.0833984375 l s q 0 0 1 rg BT 53.00 470.42 Td (Item8.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 116 469.0833984375 m 356.224609375 469.0833984375 l s q 0 0 1 rg BT 116.00 470.42 Td (Consolidated Financial Statements and Supplementary Data) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 53 454.0833984375 m 81.3251953125 454.0833984375 l s q 0 0 1 rg BT 53.00 455.42 Td (Item9.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 116 454.0833984375 m 474.8134765625 454.0833984375 l s q 0 0 1 rg BT 116.00 455.42 Td (Changes in and Disagreements with ) Tj ET Q q 0 0 1 rg BT 261.81 455.42 Td (Accountants on ) Tj ET Q q 0 0 1 rg BT 326.24 455.42 Td (Accounting and Financial Disclosure) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 53 439.0833984375 m 88.546875 439.0833984375 l s q 0 0 1 rg BT 53.00 440.42 Td (Item9A.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 116 439.0833984375 m 214.3154296875 439.0833984375 l s q 0 0 1 rg BT 116.00 440.42 Td (Controls and Procedures) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 53 424.0833984375 m 87.9951171875 424.0833984375 l s q 0 0 1 rg BT 53.00 425.42 Td (Item9B.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 116 424.0833984375 m 189.0322265625 424.0833984375 l s q 0 0 1 rg BT 116.00 425.42 Td (Other Information) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 287.8 409.0833984375 m 324.1525390625 409.0833984375 l s q 0 0 1 rg BT 287.80 410.42 Td (P) Tj ET Q q 0 0 1 rg BT 292.44 410.42 Td (AR) Tj ET Q q 0 0 1 rg BT 305.73 410.42 Td (T) Tj ET Q q 0 0 1 rg BT 311.66 410.42 Td ( III) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 53 394.0833984375 m 86.3251953125 394.0833984375 l s q 0 0 1 rg BT 53.00 395.42 Td (Item10.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 116 394.0833984375 m 343.4951171875 394.0833984375 l s q 0 0 1 rg BT 116.00 395.42 Td (Directors, Executive Of) Tj ET Q q 0 0 1 rg BT 211.06 395.42 Td (ficers and Corporate Governance) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 53 379.0833984375 m 85.9541015625 379.0833984375 l s q 0 0 1 rg BT 53.00 380.42 Td (Item1) Tj ET Q q 0 0 1 rg BT 78.45 380.42 Td (1.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 116 379.0833984375 m 216.25390625 379.0833984375 l s q 0 0 1 rg BT 116.00 380.42 Td (Executive Compensation) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 53 364.0833984375 m 86.3251953125 364.0833984375 l s q 0 0 1 rg BT 53.00 365.42 Td (Item12.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 116 364.0833984375 m 521.15625 364.0833984375 l s q 0 0 1 rg BT 116.00 365.42 Td (Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 53 349.0833984375 m 86.3251953125 349.0833984375 l s q 0 0 1 rg BT 53.00 350.42 Td (Item13.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 116 349.0833984375 m 418.6953125 349.0833984375 l s q 0 0 1 rg BT 116.00 350.42 Td (Certain Relationships and Related ) Tj ET Q q 0 0 1 rg BT 254.68 350.42 Td (T) Tj ET Q q 0 0 1 rg BT 260.43 350.42 Td (ransactions, and Director Independence) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 53 334.0833984375 m 86.3251953125 334.0833984375 l s q 0 0 1 rg BT 53.00 335.42 Td (Item14.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 116 334.0833984375 m 274.291015625 334.0833984375 l s q 0 0 1 rg BT 116.00 335.42 Td (Principal ) Tj ET Q q 0 0 1 rg BT 154.05 335.42 Td (Accountant Fees and Services) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 287.6 319.0833984375 m 324.42373046875 319.0833984375 l s q 0 0 1 rg BT 287.60 320.42 Td (P) Tj ET Q q 0 0 1 rg BT 292.24 320.42 Td (AR) Tj ET Q q 0 0 1 rg BT 305.53 320.42 Td (T) Tj ET Q q 0 0 1 rg BT 311.46 320.42 Td ( IV) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 53 304.0833984375 m 86.3251953125 304.0833984375 l s q 0 0 1 rg BT 53.00 305.42 Td (Item15.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 116 304.0833984375 m 346.7958984375 304.0833984375 l s q 0 0 1 rg BT 116.00 305.42 Td (Exhibits and Consolidated Financial Statement Schedules) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 554 646.0833984375 m 559 646.0833984375 l s q 0 0 1 rg BT 554.00 647.42 Td (1) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 554 631.0833984375 m 559 631.0833984375 l s q 0 0 1 rg BT 554.00 632.42 Td (8) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 549 616.0833984375 m 559 616.0833984375 l s q 0 0 1 rg BT 549.00 617.42 Td (22) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 549 601.0833984375 m 559 601.0833984375 l s q 0 0 1 rg BT 549.00 602.42 Td (23) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 549 586.0833984375 m 559 586.0833984375 l s q 0 0 1 rg BT 549.00 587.42 Td (23) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 549 571.0833984375 m 559 571.0833984375 l s q 0 0 1 rg BT 549.00 572.42 Td (23) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 549 529.0833984375 m 559 529.0833984375 l s q 0 0 1 rg BT 549.00 530.42 Td (24) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 549 514.0833984375 m 559 514.0833984375 l s q 0 0 1 rg BT 549.00 515.42 Td (25) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 549 499.0833984375 m 559 499.0833984375 l s q 0 0 1 rg BT 549.00 500.42 Td (26) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 549 484.0833984375 m 559 484.0833984375 l s q 0 0 1 rg BT 549.00 485.42 Td (43) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 549 469.0833984375 m 559 469.0833984375 l s q 0 0 1 rg BT 549.00 470.42 Td (44) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 549 454.0833984375 m 559 454.0833984375 l s q 0 0 1 rg BT 549.00 455.42 Td (84) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 549 439.0833984375 m 559 439.0833984375 l s q 0 0 1 rg BT 549.00 440.42 Td (84) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 549 424.0833984375 m 559 424.0833984375 l s q 0 0 1 rg BT 549.00 425.42 Td (86) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 549 394.0833984375 m 559 394.0833984375 l s q 0 0 1 rg BT 549.00 395.42 Td (86) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 549 379.0833984375 m 559 379.0833984375 l s q 0 0 1 rg BT 549.00 380.42 Td (86) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 549 364.0833984375 m 559 364.0833984375 l s q 0 0 1 rg BT 549.00 365.42 Td (86) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 549 349.0833984375 m 559 349.0833984375 l s q 0 0 1 rg BT 549.00 350.42 Td (86) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 549 334.0833984375 m 559 334.0833984375 l s q 0 0 1 rg BT 549.00 335.42 Td (86) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 549 304.0833984375 m 559 304.0833984375 l s q 0 0 1 rg BT 549.00 305.42 Td (87) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 9 0 obj <>] /Rotate 0 /Contents 10 0 R>> endobj 10 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 31.60 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td () Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 70.00 742.10 Td (In this Form10-K, r) Tj ET Q q 0 0 0 rg BT 151.02 742.10 Td (efer) Tj ET Q q 0 0 0 rg BT 166.20 742.10 Td (ences to "we," "our) Tj ET Q q 0 0 0 rg BT 242.67 742.10 Td (," and the "Company" r) Tj ET Q q 0 0 0 rg BT 336.84 742.10 Td (efer to Fossil Gr) Tj ET Q q 0 0 0 rg BT 402.85 742.10 Td (oup,Inc. and its subsidiaries on a ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (consolidated basis.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 289.80 709.10 Td (P) Tj ET Q q 0 0 0 rg BT 295.17 709.10 Td (AR) Tj ET Q q 0 0 0 rg BT 309.26 709.10 Td (T) Tj ET Q q 0 0 0 rg BT 315.75 709.10 Td ( I) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 688.10 Td (Item1.Business) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 667.10 Td (General) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 646.10 Td (W) Tj ET Q q 0 0 0 rg BT 80.64 646.10 Td (e are a design, innovation and distribution company specializing in consumer fashion accessories. Our products include ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 634.10 Td (traditional watches, smartwatches, jewelry) Tj ET Q q 0 0 0 rg BT 219.07 634.10 Td (, handbags, small leather goods, belts and sunglasses. ) Tj ET Q q 0 0 0 rg BT 434.96 634.10 Td (W) Tj ET Q q 0 0 0 rg BT 443.60 634.10 Td (e design, develop, market ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 622.10 Td (and distribute products under our owned brands FOSSIL) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 276.41 626.63 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.35 622.10 Td (, SKAGEN) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 326.91 626.63 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.85 622.10 Td (, MICHELE) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 381.28 626.63 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.22 622.10 Td (, MISFIT) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 424.00 626.63 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.94 622.10 Td (, RELIC) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 462.83 626.63 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.77 622.10 Td ( and ZODIAC) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 524.98 626.63 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.92 622.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 610.10 Td (licensed brands ) Tj ET Q q 0 0 0 rg BT 113.37 610.10 Td (ARMANI EXCHANGE) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 211.42 614.63 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 216.36 610.10 Td (, BMW) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 246.36 614.63 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.30 610.10 Td (, CHAPS BY) Tj ET Q q 0 0 0 rg BT 304.56 610.10 Td ( RALPH LAUREN) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 382.89 614.63 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.83 610.10 Td (, DIESEL) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 427.27 614.63 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.20 610.10 Td (, DKNY) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 466.09 614.63 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.03 610.10 Td (, EMPORIO ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 598.10 Td (ARMANI) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 90.06 602.63 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 94.99 598.10 Td (, KA) Tj ET Q q 0 0 0 rg BT 113.33 598.10 Td (TE SP) Tj ET Q q 0 0 0 rg BT 138.25 598.10 Td (ADE NEW) Tj ET Q q 0 0 0 rg BT 183.89 598.10 Td ( ) Tj ET Q q 0 0 0 rg BT 186.02 598.10 Td (YORK) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 214.35 602.63 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 219.29 598.10 Td (, MARC JACOBS) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 293.48 602.63 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.42 598.10 Td (, MICHAEL) Tj ET Q q 0 0 0 rg BT 348.60 598.10 Td ( KORS) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 377.77 602.63 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.71 598.10 Td (, PUMA) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 416.61 602.63 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.55 598.10 Td (, and ) Tj ET Q q 0 0 0 rg BT 443.30 598.10 Td (T) Tj ET Q q 0 0 0 rg BT 449.23 598.10 Td (OR) Tj ET Q q 0 0 0 rg BT 462.57 598.10 Td (Y) Tj ET Q q 0 0 0 rg BT 469.42 598.10 Td ( BURCH) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 506.38 602.63 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 511.31 598.10 Td (. Based on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 586.10 Td (our range of accessory products, brands, distribution channels and price points, we are able to tar) Tj ET Q q 0 0 0 rg BT 436.97 586.10 Td (get style-conscious consumers ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 574.10 Td (across a wide age spectrum on a global basis.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 553.10 Td (Owned Brands) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 532.10 Td ( ) Tj ET Q q 0 0 0 rg BT 72.00 532.10 Td (Our ability to build and evolve strong lifestyle brands is key to our success. ) Tj ET Q q 0 0 0 rg BT 375.56 532.10 Td (Across our owned brands, we create great ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 520.10 Td (products at competitive prices and deliver engaging experiences directly to our consumersthrough our owned channels of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 508.10 Td (distribution and via third party distributors.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 487.10 Td (Our consumer) Tj ET Q q 0 0 0 rg BT 128.73 487.10 Td (-first mindset drives every decision we make. By capitalizing on major fashion trends and leveraging ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 475.10 Td (proprietary data and insights, we are able to deliver relevant, high-value product and experiences to consumers across a diverse ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 463.10 Td (range of price points, style preferences and geographies.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 442.10 Td (Licensed Brands) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 421.10 Td (As a result of our vertical integration, we are uniquely positioned to launch and amplify an accessory category in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 409.10 Td (partnership with a licensor in a timely and consistent manner) Tj ET Q q 0 0 0 rg BT 292.49 409.10 Td (. ) Tj ET Q q 0 0 0 rg BT 296.94 409.10 Td (All of our major licensing relationships are exclusive, and may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 397.10 Td (include traditional watches, smartwatches and jewelry) Tj ET Q q 0 0 0 rg BT 265.44 397.10 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 376.10 Td (Incorporation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 355.10 Td (W) Tj ET Q q 0 0 0 rg BT 80.64 355.10 Td (e are a Delaware corporation formed in 1991 and are the successor to a ) Tj ET Q q 0 0 0 rg BT 367.00 355.10 Td (T) Tj ET Q q 0 0 0 rg BT 372.41 355.10 Td (exas corporation formed in 1984. In 1993, we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 343.10 Td (completed an initial public of) Tj ET Q q 0 0 0 rg BT 167.06 343.10 Td (fering of 13,972,500 shares of our common stock. Domestically) Tj ET Q q 0 0 0 rg BT 422.20 343.10 Td (, we conduct a majority of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 331.10 Td (operations through Fossil Partners, L.P) Tj ET Q q 0 0 0 rg BT 204.50 331.10 Td (., a ) Tj ET Q q 0 0 0 rg BT 218.75 331.10 Td (T) Tj ET Q q 0 0 0 rg BT 224.16 331.10 Td (exas limited partnership formed in 1994 of which we are the sole general partner) Tj ET Q q 0 0 0 rg BT 546.55 331.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 319.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 319.10 Td (e also conduct operations domestically and in certain international markets through various owned subsidiaries. Our principal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 307.10 Td (executive of) Tj ET Q q 0 0 0 rg BT 98.46 307.10 Td (fices are located at 901 S. Central Expressway) Tj ET Q q 0 0 0 rg BT 283.30 307.10 Td (, Richardson, ) Tj ET Q q 0 0 0 rg BT 338.67 307.10 Td (T) Tj ET Q q 0 0 0 rg BT 344.08 307.10 Td (exas 75080, and our telephone number at that address ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 295.10 Td (is \(972\) 234-2525. Our European headquarters is located in Basel, Switzerland, and our ) Tj ET Q q 0 0 0 rg BT 401.63 295.10 Td (Asian headquarters is located in Hong ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 283.10 Td (Kong. Our common stock is traded on the NASDAQ Global Select Market under the trading symbol FOSL. ) Tj ET Q q 0 0 0 rg BT 483.98 283.10 Td (W) Tj ET Q q 0 0 0 rg BT 492.62 283.10 Td (e make available ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 271.10 Td (free of char) Tj ET Q q 0 0 0 rg BT 95.39 271.10 Td (ge through our website at ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 199.53 271.10 Td (www) Tj ET Q q 0 0 0 rg BT 218.80 271.10 Td (.fossilgr) Tj ET Q q 0 0 0 rg BT 250.94 271.10 Td (oup.com) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.10 271.10 Td ( our annual reports on Form 10-K, quarterly reports on Form 10-Q, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 259.10 Td (current reports on Form 8-K and amendments to these reports filed or furnished pursuant to Section 13\(a\) or 15\(a\) of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 247.10 Td (Securities Exchange ) Tj ET Q q 0 0 0 rg BT 132.81 247.10 Td (Act of 1934 as soon as reasonably practicable after such materials are electronically filed with, or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 235.10 Td (furnished to, the U.S. Securities and Exchange Commission \("SEC"\). ) Tj ET Q q 0 0 0 rg BT 329.20 235.10 Td (Y) Tj ET Q q 0 0 0 rg BT 335.42 235.10 Td (ou may also obtain any materials we file with, or furnish ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 223.10 Td (to, the SEC on its website at ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 165.05 223.10 Td (www) Tj ET Q q 0 0 0 rg BT 184.31 223.10 Td (.sec.gov) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 216.52 223.10 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 202.10 Td (Pr) Tj ET Q q 0 0 0 rg BT 59.87 202.10 Td (oducts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 181.10 Td (W) Tj ET Q q 0 0 0 rg BT 80.64 181.10 Td (e design, develop, market and distribute accessories across a variety of product categories: traditional watches, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 169.10 Td (smartwatches, jewelry) Tj ET Q q 0 0 0 rg BT 138.26 169.10 Td (, handbags, small leather goods, belts and sunglasses. ) Tj ET Q q 0 0 0 rg BT 353.78 169.10 Td (Additionally) Tj ET Q q 0 0 0 rg BT 403.68 169.10 Td (, we manufacture and/or distribute ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 157.10 Td (private label brands, as well as branded products purchased for resale in certain of our non-FOSSIL) Tj ET Q q 0 0 0 rg BT 447.34 157.10 Td ( branded retail stores.) Tj ET Q endstream endobj 11 0 obj <>] /Rotate 0 /Contents 12 0 R>> endobj 12 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 33.60 Td (2) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 706.50 234.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 284.00 706.50 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.00 706.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.00 706.50 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.00 706.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 388.00 706.50 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.00 706.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 440.00 706.50 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.00 706.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 706.50 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 676.50 234.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 284.00 676.50 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.00 676.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.00 676.50 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.00 676.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 388.00 676.50 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.00 676.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 440.00 676.50 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.00 676.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 676.50 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 646.50 234.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 284.00 646.50 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.00 646.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.00 646.50 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.00 646.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 388.00 646.50 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.00 646.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 440.00 646.50 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.00 646.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 646.50 48.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284 732.5 m 332 732.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332 732.5 m 336 732.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336 732.5 m 384 732.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384 732.5 m 388 732.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388 732.5 m 436 732.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436 732.5 m 440 732.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 440 732.5 m 488 732.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 732.5 m 492 732.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492 732.5 m 540 732.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284 732.5 m 332 732.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284 719.5 m 332 719.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332 719.5 m 336 719.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336 719.5 m 384 719.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388 732.5 m 436 732.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388 719.5 m 436 719.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436 719.5 m 440 719.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 440 719.5 m 488 719.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492 732.5 m 540 732.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492 719.5 m 540 719.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284 706.5 m 332 706.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336 719.5 m 384 719.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336 706.5 m 384 706.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388 706.5 m 436 706.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 440 719.5 m 488 719.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 440 706.5 m 488 706.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492 706.5 m 540 706.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284 646.5 m 332 646.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388 646.5 m 436 646.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492 646.5 m 540 646.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284 646.5 m 332 646.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284 632.5 m 332 632.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284 630.5 m 332 630.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388 646.5 m 436 646.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388 632.5 m 436 632.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388 630.5 m 436 630.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492 646.5 m 540 646.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492 632.5 m 540 632.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492 630.5 m 540 630.5 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 737.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 392.70 736.73 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 414.55 736.73 Td (Y) Tj ET Q q 0 0 0 rg BT 419.73 736.73 Td (ear) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 723.73 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 325.50 723.73 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 429.50 723.73 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 507.50 723.73 Td (2016) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 710.73 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 295.05 710.73 Td (Dollars) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 341.35 710.73 Td (% Change) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 399.05 710.73 Td (Dollars) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 445.35 710.73 Td (% Change) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 503.05 710.73 Td (Dollars) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 696.17 Td (Net sales) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.50 696.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.50 696.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.50 696.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.50 696.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.50 696.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 681.17 Td (Proprietary) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.50 681.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.10 681.17 Td (1,262.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.95 681.17 Td (\(8.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.80 681.17 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.50 681.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.10 681.17 Td (1,371.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.95 681.17 Td (\(7.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.80 681.17 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.50 681.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.10 681.17 Td (1,479.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 666.17 Td (Licensed) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.10 666.17 Td (1,183.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.95 666.17 Td (\(9.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.80 666.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.10 666.17 Td (1,31) Tj ET Q q 0 0 0 rg BT 419.60 666.17 Td (1.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.95 666.17 Td (\(9.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.80 666.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.10 666.17 Td (1,449.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 651.17 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.65 651.17 Td (95.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.95 651.17 Td (\(8.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.80 651.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.65 651.17 Td (104.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.95 651.17 Td (\(7.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.80 651.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.65 651.17 Td (1) Tj ET Q q 0 0 0 rg BT 518.65 651.17 Td (13.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 636.17 Td (T) Tj ET Q q 0 0 0 rg BT 57.91 636.17 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.50 636.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.10 636.17 Td (2,541.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.95 636.17 Td (\(8.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.80 636.17 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.50 636.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.10 636.17 Td (2,788.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.95 636.17 Td (\(8.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.80 636.17 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.50 636.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.10 636.17 Td (3,042.4) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 611.00 Td (T) Tj ET Q q 0 0 0 rg BT 55.24 611.00 Td (raditional ) Tj ET Q q 0 0 0 rg BT 98.12 611.00 Td (W) Tj ET Q q 0 0 0 rg BT 106.27 611.00 Td (atches and Smartwatches) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 590.00 Td (T) Tj ET Q q 0 0 0 rg BT 77.76 590.00 Td (raditional watches and smartwatches are our core global business. Sales of watches for fiscal years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.84 590.00 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.84 590.00 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.84 590.00 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.84 590.00 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.28 590.00 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.28 590.00 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 578.00 Td (accounted for approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 166.95 578.00 Td (80.0%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 192.78 578.00 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 197.78 578.00 Td (78.9%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 223.61 578.00 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.05 578.00 Td (76.6%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.88 578.00 Td (, respectively) Tj ET Q q 0 0 0 rg BT 321.54 578.00 Td (, of our consolidated net sales.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 557.00 Td (Owned Brands) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 536.00 Td (Our primary owned watch brands include FOSSIL, MICHELE, MISFIT) Tj ET Q q 0 0 0 rg BT 360.66 536.00 Td (, RELIC, SKAGEN and ZODIAC.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 515.00 Td (Licensed Brands) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 494.00 Td (W) Tj ET Q q 0 0 0 rg BT 80.64 494.00 Td (e have entered into multi-year) Tj ET Q q 0 0 0 rg BT 200.18 494.00 Td (, worldwide exclusive license agreements for the manufacture, distribution and sale of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 482.00 Td (watches bearing the brand names of certain globally recognized fashion brands. ) Tj ET Q q 0 0 0 rg BT 370.31 482.00 Td (The following table sets forth information with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 470.00 Td (respect to our primary watch licenses:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 206.50 421.50 127.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 421.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 206.50 391.50 127.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 391.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 206.50 361.50 127.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 361.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 206.50 331.50 127.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 331.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 206.50 301.50 127.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 301.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 206.50 271.50 127.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 271.50 71.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 421.5 m 404.5 421.5 l s BT /F2 8.00 Tf ET 0 0 0 RG /GS0 gs 0.76 w 0 i [] 0 d 1 J 1 j 3 M 209 424.480078125 m 230.78515625 424.480078125 l s q 0 0 0 rg BT 209.00 425.73 Td (Brand) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 350.05 433.73 Td (Expiration) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 358.20 425.73 Td (Date ) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 376.19 429.36 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 209.00 412.07 Td (ARMANI EXCHANGE) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.70 412.07 Td (12/31/2023) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 209.00 397.07 Td (BMW) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.70 397.07 Td (12/31/2023) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 209.00 382.07 Td (CHAPS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.20 382.07 Td (3/31/2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 209.00 367.07 Td (DIESEL) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.70 367.07 Td (12/31/2025) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 209.00 352.07 Td (DKNY) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.70 352.07 Td (12/31/2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 209.00 337.07 Td (EMPORIO ) Tj ET Q q 0 0 0 rg BT 256.23 337.07 Td (ARMANI) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.70 337.07 Td (12/31/2023) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 209.00 322.07 Td (KA) Tj ET Q q 0 0 0 rg BT 222.89 322.07 Td (TE SP) Tj ET Q q 0 0 0 rg BT 247.72 322.07 Td (ADE NEW) Tj ET Q q 0 0 0 rg BT 292.99 322.07 Td ( ) Tj ET Q q 0 0 0 rg BT 295.21 322.07 Td (YORK) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.70 322.07 Td (12/31/2025) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 209.00 307.07 Td (MARC JACOBS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.20 307.07 Td (6/30/2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 209.00 292.07 Td (MICHAEL) Tj ET Q q 0 0 0 rg BT 254.37 292.07 Td ( KORS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.70 292.07 Td (12/31/2024) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 209.00 277.07 Td (PUMA) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 237.90 281.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.70 277.07 Td (12/31/2028) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 209.00 262.07 Td (T) Tj ET Q q 0 0 0 rg BT 214.93 262.07 Td (OR) Tj ET Q q 0 0 0 rg BT 228.27 262.07 Td (Y) Tj ET Q q 0 0 0 rg BT 235.12 262.07 Td ( BURCH) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.70 262.07 Td ( 2/28/2019) Tj ET Q BT /F1 10.00 Tf ET BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 247.40 Td ( _______________________________________) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 211.50 239.93 Td (1. ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 229.50 235.40 Td (Subject to early termination) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 202.40 Td (W) Tj ET Q q 0 0 0 rg BT 80.64 202.40 Td (e signed license agreements with BMW) Tj ET Q q 0 0 0 rg BT 239.58 202.40 Td ( and Puma in 2018 and expect to launch products under these brands in the first ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 190.40 Td (and second quarters of 2018, respectively) Tj ET Q q 0 0 0 rg BT 214.91 190.40 Td (. ) Tj ET Q q 0 0 0 rg BT 224.72 190.40 Td (The ) Tj ET Q q 0 0 0 rg BT 242.59 190.40 Td (T) Tj ET Q q 0 0 0 rg BT 248.00 190.40 Td (ory Burch license was extended to February 28, 2019 from its original ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 178.40 Td (expiration date of December 31, 2018, and we are negotiating a new long-term agreement to continue the distribution of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 166.40 Td (T) Tj ET Q q 0 0 0 rg BT 54.91 166.40 Td (ory Burch products.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 145.40 Td (Fashion ) Tj ET Q q 0 0 0 rg BT 86.09 145.40 Td (Accessories) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 124.40 Td (In addition to our core watch business, we also design and create jewelry) Tj ET Q q 0 0 0 rg BT 363.20 124.40 Td (, handbags, small leather goods, and belts across ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 112.40 Td (our owned brands and watches and jewelry under our licensed brands. In the U.S. and certain international markets, we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 100.40 Td (generally market our fashion accessory lines through the same distribution channels as our watches using similar marketing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 88.40 Td (approaches. Our fashion accessories are typically sold in locations adjacent to watch departments, which may lead to purchases ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 76.40 Td (by persons who are familiar with our watch brands. Sales of our accessory lines accounted for 18.4%, 19.7% and 21.6% of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 64.40 Td (consolidated net sales in fiscal years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 197.23 64.40 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 217.23 64.40 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 222.23 64.40 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 242.23 64.40 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 261.67 64.40 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.67 64.40 Td (, respectively) Tj ET Q q 0 0 0 rg BT 334.33 64.40 Td (.) Tj ET Q endstream endobj 13 0 obj <>] /Rotate 0 /Contents 14 0 R>> endobj 14 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 33.60 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 740.10 Td (The following table sets forth information about our fashion accessories:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 192.50 700.60 109.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 301.50 700.60 117.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 192.50 670.60 109.00 -41.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 301.50 670.60 117.00 -41.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 192.50 614.60 109.00 -27.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 301.50 614.60 117.00 -27.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 301.5 700.6 m 418.5 700.6 l s BT /F2 8.00 Tf ET 0 0 0 RG /GS0 gs 0.76 w 0 i [] 0 d 1 J 1 j 3 M 195 703.580078125 m 216.78515625 703.580078125 l s q 0 0 0 rg BT 195.00 704.83 Td (Brand) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 325.60 704.83 Td (Accessory Category) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 195.00 691.17 Td (DIESEL) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.00 691.17 Td (Jewelry) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 195.00 676.17 Td (EMPORIO ) Tj ET Q q 0 0 0 rg BT 242.23 676.17 Td (ARMANI) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.00 676.17 Td (Jewelry) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 195.00 661.17 Td (FOSSIL) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.00 661.17 Td (Handbags, small leather) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.00 649.17 Td (goods, belts, eyewear) Tj ET Q q 0 0 0 rg BT 389.88 649.17 Td (,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.00 637.17 Td (jewelry) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 195.00 620.17 Td (MICHAEL) Tj ET Q q 0 0 0 rg BT 240.37 620.17 Td ( KORS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.00 620.17 Td (Jewelry) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 195.00 605.17 Td (RELIC) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.00 605.17 Td (Handbags, small leather) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.00 593.17 Td (goods, belts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 195.00 578.17 Td (SKAGEN) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.00 578.17 Td (Jewelry) Tj ET Q q 0 0 0 rg BT 334.45 578.17 Td (, small leather ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.00 566.17 Td (goods) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 528.10 Td (Licensed Eyewear) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 507.10 Td (In January 2014, we entered into a license agreement with the Safilo Group for both FOSSIL) Tj ET Q q 0 0 0 rg BT 443.76 507.10 Td ( branded sunglasses and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 495.10 Td (optical frames worldwide. ) Tj ET Q q 0 0 0 rg BT 156.51 495.10 Td (The license agreement provides for royalties to be paid to us based on a percentage of net sales and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 483.10 Td (includes certain guaranteed minimum royalties. Sales of licensed eyewear accounted for approximately 0.4% of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 471.10 Td (consolidated net sales for fiscal years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 201.11 471.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 221.11 471.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 226.11 471.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 246.11 471.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 265.55 471.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.55 471.10 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 450.10 Td (Private Label) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 429.10 Td (W) Tj ET Q q 0 0 0 rg BT 80.64 429.10 Td (e design, market and source manufacturing of certain retailers' private label and owned brand watches as well as other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 417.10 Td (company brands to be used as premium and incentive items in various corporate events. Under these arrangements, we perform ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 405.10 Td (design and product development functions, as well as act as a sourcing agent for our customers by contracting for and managing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 393.10 Td (the manufacturing process, purchasing and inspecting of the finished product and arranging for shipment. Participation in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 381.10 Td (private label and premium businesses provides us with certain advantages, including increased assembly volume, which may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 369.10 Td (reduce the costs of assembling our other products, and strengthen business relationships with our manufacturing sources.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 348.10 Td (Building Str) Tj ET Q q 0 0 0 rg BT 101.84 348.10 Td (ong Brands) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 327.10 Td (Brand building is critical to the success of our Company) Tj ET Q q 0 0 0 rg BT 296.58 327.10 Td (. ) Tj ET Q q 0 0 0 rg BT 301.40 327.10 Td (W) Tj ET Q q 0 0 0 rg BT 310.04 327.10 Td (e take a consumer) Tj ET Q q 0 0 0 rg BT 381.75 327.10 Td (-first approach to creating product and brand ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 315.10 Td (experiences, with the goal of building meaningful, long-term relationships with our consumers.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 294.10 Td (Product Design and Development) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 273.10 Td (Our product designs are fueled by a combination of creativity) Tj ET Q q 0 0 0 rg BT 317.66 273.10 Td (, fashion trends and consumer insights. Over the past 30 plus ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 261.10 Td (years, we have built an incredible in-house design team that works in partnership with our consumer insights and trend teams to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 249.10 Td (ideate, design, test and deliver new product concepts to market. ) Tj ET Q q 0 0 0 rg BT 305.62 249.10 Td (W) Tj ET Q q 0 0 0 rg BT 314.26 249.10 Td (e also employ more than 200 research and development ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 237.10 Td (\("R&D"\) team members who focus on innovation and product development across our watch and smartwatch categories.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 216.10 Td (In order to respond to and capitalize on fast-paced changes in the global marketplace, we have created a process that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 204.10 Td (allows us to design and develop consumer insight driven product in as little as 30 days. ) Tj ET Q q 0 0 0 rg BT 400.10 204.10 Td (W) Tj ET Q q 0 0 0 rg BT 408.73 204.10 Td (e have found speed coupled with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 192.10 Td (insight-driven product to be a true dif) Tj ET Q q 0 0 0 rg BT 199.28 192.10 Td (ferentiator and key revenue driver across our business.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 171.10 Td (Marketing and Promotion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 150.10 Td (W) Tj ET Q q 0 0 0 rg BT 80.64 150.10 Td (e are embracing the changing retail environment and meeting consumers where they are, both on and of) Tj ET Q q 0 0 0 rg BT 495.58 150.10 Td (fline. Our focus ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 138.10 Td (on creating the best possible brand experiences requires a blend of art and sciencewhich means prioritizing both creativity ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 126.10 Td (and data in everything we do. ) Tj ET Q q 0 0 0 rg BT 170.12 126.10 Td (W) Tj ET Q q 0 0 0 rg BT 178.75 126.10 Td (e have created an in-house digital marketing center of excellence serving both our owned and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 114.10 Td (licensed brands to connect with consumers and to serve up personalized, engaging content. ) Tj ET Q q 0 0 0 rg BT 415.60 114.10 Td (This allows us to learn about their ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 102.10 Td (behavior across all channels including digital marketing, social media, Customer Relationship Management \("CRM"\) and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 90.10 Td (digital media. ) Tj ET Q q 0 0 0 rg BT 106.80 90.10 Td (W) Tj ET Q q 0 0 0 rg BT 115.44 90.10 Td (e drive innovation using a rapid test-and-learn approach with continuous optimization. ) Tj ET Q q 0 0 0 rg BT 463.50 90.10 Td (W) Tj ET Q q 0 0 0 rg BT 472.14 90.10 Td (e are also able to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 78.10 Td (deliver a high level of personalization through the consumer insight and predictive analytics capabilities we have built over the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 66.10 Td (past few years and through our partnerships with leading online third-party retailers.) Tj ET Q endstream endobj 15 0 obj <>] /Rotate 0 /Contents 16 0 R>> endobj 16 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 33.60 Td (4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 740.25 Td (Operating Strategy) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 719.25 Td (Our goal is to drive shareholder value by increasing earnings and making a positive impact on our people, planet and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 707.25 Td (communities. ) Tj ET Q q 0 0 0 rg BT 105.98 707.25 Td (While we currently operate in a challenging business environment we are leveraging our business strengths while ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 695.25 Td (continuing to lead a significant internal transformation to strengthen our business model. ) Tj ET Q q 0 0 0 rg BT 406.74 695.25 Td (W) Tj ET Q q 0 0 0 rg BT 415.38 695.25 Td (e plan to achieve our business ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 683.25 Td (strategy by focusing on the following strategic initiatives:) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 85.50 662.25 Td (Profitability) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.00 641.25 Td (W) Tj ET Q q 0 0 0 rg BT 116.64 641.25 Td (e are focused on improving our overall profitability through revenue-management strategies to price and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 629.25 Td (position our products optimally and most ef) Tj ET Q q 0 0 0 rg BT 260.30 629.25 Td (fectively) Tj ET Q q 0 0 0 rg BT 294.63 629.25 Td (. ) Tj ET Q q 0 0 0 rg BT 299.45 629.25 Td (This includes improving our gross mar) Tj ET Q q 0 0 0 rg BT 454.53 629.25 Td (gins by increasing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 617.25 Td (economies of scale with our smartwatches, re-negotiating pricing with our suppliers, and further reducing our supply ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 605.25 Td (chain costs. ) Tj ET Q q 0 0 0 rg BT 134.47 605.25 Td (W) Tj ET Q q 0 0 0 rg BT 143.11 605.25 Td (e are also focused on lowering our base expenses by leveraging lower sales with lower variable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 593.25 Td (expenses and by achieving or) Tj ET Q q 0 0 0 rg BT 203.06 593.25 Td (ganizational ef) Tj ET Q q 0 0 0 rg BT 262.01 593.25 Td (ficiencies through our New ) Tj ET Q q 0 0 0 rg BT 373.46 593.25 Td (W) Tj ET Q q 0 0 0 rg BT 382.10 593.25 Td (orld Fossil initiatives. ) Tj ET Q q 0 0 0 rg BT 471.37 593.25 Td (W) Tj ET Q q 0 0 0 rg BT 480.01 593.25 Td (e continue to close ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 581.25 Td (our low-performing stores and exit unprofitable businesses as we improve our net income and working capital and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 569.25 Td (reduce our outstanding debt position.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 85.50 548.25 Td (Innovation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.00 527.25 Td (W) Tj ET Q q 0 0 0 rg BT 116.64 527.25 Td (e are driving innovation across every aspect of our business. ) Tj ET Q q 0 0 0 rg BT 360.00 527.25 Td (W) Tj ET Q q 0 0 0 rg BT 368.63 527.25 Td (e continue to form new partnerships with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 515.25 Td (leading brands, which helps us leverage our vertical structure, size and scale. ) Tj ET Q q 0 0 0 rg BT 395.48 515.25 Td (W) Tj ET Q q 0 0 0 rg BT 404.12 515.25 Td (e are bringing new and innovative ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 503.25 Td (functions to smartwatches across both our hybrid and display platformsas well as expanding our distribution and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 491.25 Td (increasing our addressable market. ) Tj ET Q q 0 0 0 rg BT 226.65 491.25 Td (W) Tj ET Q q 0 0 0 rg BT 235.29 491.25 Td (e are also driving innovations in traditional watches and our accessory categories ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 479.25 Td (through our investment in R&D and data analytics.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 85.50 458.25 Td (E-commerce and Digitalization) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.00 437.25 Td (W) Tj ET Q q 0 0 0 rg BT 116.64 437.25 Td (e are investing in our digital infrastructure and commerce capabilities across our owned and third-party e-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 425.25 Td (commerce sites. ) Tj ET Q q 0 0 0 rg BT 152.24 425.25 Td (W) Tj ET Q q 0 0 0 rg BT 160.88 425.25 Td (e plan to continue to expand our digital capabilities for consumer insight, analytics and the use of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 413.25 Td (data throughout our or) Tj ET Q q 0 0 0 rg BT 175.02 413.25 Td (ganization, as well as shifting to a new marketing and commerce platform to drive greater ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 401.25 Td (personalization and a better consumer experience.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.00 380.25 Td (W) Tj ET Q q 0 0 0 rg BT 116.64 380.25 Td (e will continue to collaborate with our wholesale partners to optimize online performance, and we will seek out ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 368.25 Td (opportunities to expand our direct to consumer e-commerce business into new markets, with a focus on the ) Tj ET Q q 0 0 0 rg BT 515.39 368.25 Td (Asia ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 356.25 Td (Pacific region. Based on the success of our digital marketing campaigns in fiscal year 2018, we intend to expand our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 344.25 Td (social media and digital marketing programs in fiscal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.99 344.25 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.99 344.25 Td ( and across more global markets.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 85.50 323.25 Td (Sustainability) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.00 302.25 Td (W) Tj ET Q q 0 0 0 rg BT 116.64 302.25 Td (e care about our people, our customers, our shareholders, our communities and our planet. Our newly-launched ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 290.25 Td (sustainability platform, Make ) Tj ET Q q 0 0 0 rg BT 205.85 290.25 Td (T) Tj ET Q q 0 0 0 rg BT 211.61 290.25 Td (ime for Good, is setting the tone for our innovative ef) Tj ET Q q 0 0 0 rg BT 425.54 290.25 Td (forts to make a positive social and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 278.25 Td (environmental impact. ) Tj ET Q q 0 0 0 rg BT 177.79 278.25 Td (W) Tj ET Q q 0 0 0 rg BT 186.43 278.25 Td (e are committed to challenging the norms of the watch and accessory industry by designing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 266.25 Td (our products with the future in mind, reducing our footprint, empowering women, respecting human rights, enhancing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 254.25 Td (our communities and strengthening diversity) Tj ET Q q 0 0 0 rg BT 263.71 254.25 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 233.25 Td (Distribution) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 212.25 Td (W) Tj ET Q q 0 0 0 rg BT 80.64 212.25 Td (e have an extensive distribution network that allows us to reach a diverse global customer base. ) Tj ET Q q 0 0 0 rg BT 464.51 212.25 Td (W) Tj ET Q q 0 0 0 rg BT 473.15 212.25 Td (e sell our products ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 200.25 Td (through a range of channels including e-commerce, Company-owned retail stores, department and specialty retail stores, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 188.25 Td (airlines, mass markets and concessions.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 167.25 Td (Stores) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 146.25 Td (Internationally) Tj ET Q q 0 0 0 rg BT 130.22 146.25 Td (, our products are sold across approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.61 146.25 Td (150) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.61 146.25 Td ( countries worldwide through ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.14 146.25 Td (23) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.14 146.25 Td ( Company-owned sales ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 134.25 Td (subsidiaries and through a network of approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 263.06 134.25 Td (70) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 273.06 134.25 Td ( independent distributors. Our products are of) Tj ET Q q 0 0 0 rg BT 455.33 134.25 Td (fered on airlines and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 122.25 Td (cruise ships and in international Company-owned retail stores. Our international network of Company-owned stores included ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 110.25 Td (181) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 110.25 Td ( retail stores and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 132.81 110.25 Td (127) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 147.81 110.25 Td ( outlet stores as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 223.07 110.25 Td (December29, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.66 110.25 Td (. In certain international markets, our products are also sold ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 98.25 Td (through licensed and franchised FOSSIL) Tj ET Q q 0 0 0 rg BT 212.43 98.25 Td ( retail stores, retail concessions operated by us and kiosks, as well as through owned ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 86.25 Td (and third-party websites. ) Tj ET Q endstream endobj 17 0 obj <>] /Rotate 0 /Contents 18 0 R>> endobj 18 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 33.60 Td (5) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 740.25 Td (E-commerce) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 719.25 Td (Our owned global e-commerce websites deliver engaging brand content, mobile-friendly experiences, and seamless ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 707.25 Td (integration with retail stores, including the ability to buy certain products online and pick them up in one of our retail stores and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 695.25 Td (shipping consumer orders from our stores. Our websites work in conjunction with our digital marketing ef) Tj ET Q q 0 0 0 rg BT 474.24 695.25 Td (forts to deliver ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 683.25 Td (personalized and compelling brand experiences that strengthen consumer loyalty and ultimately drive profitability) Tj ET Q q 0 0 0 rg BT 505.37 683.25 Td (. ) Tj ET Q q 0 0 0 rg BT 510.19 683.25 Td (W) Tj ET Q q 0 0 0 rg BT 518.83 683.25 Td (e also ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 671.25 Td (distribute our products through leading third-party e-commerce retailers, as well as our wholesalers) Tj ET Q q 0 0 0 rg BT 449.46 671.25 Td ( e-commerce websites and a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 659.25 Td (wide network of additional online retailers. ) Tj ET Q q 0 0 0 rg BT 224.54 659.25 Td (W) Tj ET Q q 0 0 0 rg BT 233.18 659.25 Td (e take a holistic approach to our e-commerce distribution to ensure that both ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 647.25 Td (owned and licensed brands deliver an engaging customer experience at every digital touch point.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 626.25 Td (Sour) Tj ET Q q 0 0 0 rg BT 69.88 626.25 Td (cing) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 605.25 Td (The vast majority of our products are sourced internationally) Tj ET Q q 0 0 0 rg BT 314.61 605.25 Td (, with a substantial percentage of our watches and jewelry ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 593.25 Td (products assembled or manufactured by entities that are majority owned by us. Most watch product sourcing is coordinated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 581.25 Td (through our Hong Kong subsidiary) Tj ET Q q 0 0 0 rg BT 188.84 581.25 Td (, Fossil \(East\) Limited \("Fossil East"\). During fiscal year 2018, approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.17 581.25 Td (49%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.50 581.25 Td ( of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 569.25 Td (global watch production was assembled or sourced through wholly or majority owned factories. ) Tj ET Q q 0 0 0 rg BT 435.33 569.25 Td (This vertical integration of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 557.25 Td (business allows for better flow of communication, consistent quality) Tj ET Q q 0 0 0 rg BT 322.41 557.25 Td (, product design protection and improved supply chain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 545.25 Td (speed, while still allowing us to utilize non-owned production facilities for their unique capabilities and to cover production ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 533.25 Td (needs over internal capacities. Establishing our watch assembly facilities near the component manufacturers also allows us to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 521.25 Td (operate a more ef) Tj ET Q q 0 0 0 rg BT 119.00 521.25 Td (ficient supply chain. In addition, although we do not have long-term contracts with our unrelated watch and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 509.25 Td (accessory manufacturers, we maintain long-term relationships with several manufacturers. ) Tj ET Q q 0 0 0 rg BT 413.35 509.25 Td (These relationships developed due to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 497.25 Td (the significant length of time we have conducted business with the same manufacturers. ) Tj ET Q q 0 0 0 rg BT 403.10 497.25 Td (W) Tj ET Q q 0 0 0 rg BT 411.74 497.25 Td (e believe that we are able to exert ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 485.25 Td (significant operational control with regard to our principal watch assemblers because of our level of ownership and long ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 473.25 Td (standing relationships. In addition, we believe that the relative size of our business with non-owned watch manufacturers gives ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 461.25 Td (us priority within their production schedules. Furthermore, the manufacturers understand our quality standards, which allow us ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 449.25 Td (to produce quality products and reduce the delivery time to market, improving overall operating mar) Tj ET Q q 0 0 0 rg BT 451.14 449.25 Td (gins. ) Tj ET Q q 0 0 0 rg BT 472.63 449.25 Td (W) Tj ET Q q 0 0 0 rg BT 481.26 449.25 Td (e have also added ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 437.25 Td (new third-party facilities and relationships for manufacturing our wearable technology products as well as enhanced our own ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 425.25 Td (factories to enable assembly and production of hybrid smartwatches. Increased volume in the wearables category would allow ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 413.25 Td (us to further reduce costs through improved volume pricing and enable our suppliers to continue to invest in automation.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 389.25 Td (T) Tj ET Q q 0 0 0 rg BT 55.43 389.25 Td (rademarks and Patents) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 368.25 Td (W) Tj ET Q q 0 0 0 rg BT 80.64 368.25 Td (e use our FOSSIL, MICHELE, MISFIT) Tj ET Q q 0 0 0 rg BT 239.06 368.25 Td (, RELIC, SKAGEN and ZODIAC trademarks, as well as other trademarks, on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 356.25 Td (certain watches, smartwatches, activity trackers, jewelry) Tj ET Q q 0 0 0 rg BT 274.30 356.25 Td (, leather goods and other fashion accessories in the U.S. and in a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 344.25 Td (significant number of foreign countries. ) Tj ET Q q 0 0 0 rg BT 210.94 344.25 Td (W) Tj ET Q q 0 0 0 rg BT 219.58 344.25 Td (e also use FOSSIL, SKAGEN, ) Tj ET Q q 0 0 0 rg BT 344.68 344.25 Td (W) Tj ET Q q 0 0 0 rg BT 353.01 344.25 Td (A) Tj ET Q q 0 0 0 rg BT 359.12 344.25 Td (TCH ST) Tj ET Q q 0 0 0 rg BT 392.49 344.25 Td (A) Tj ET Q q 0 0 0 rg BT 398.60 344.25 Td (TION INTERNA) Tj ET Q q 0 0 0 rg BT 467.76 344.25 Td (TIONAL) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 504.97 348.78 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.91 344.25 Td (, and ) Tj ET Q q 0 0 0 rg BT 531.66 344.25 Td (WSI) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 549.99 348.78 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.93 344.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 332.25 Td (as trademarks on retail stores and FOSSIL, SKAGEN, ) Tj ET Q q 0 0 0 rg BT 269.29 332.25 Td (W) Tj ET Q q 0 0 0 rg BT 277.62 332.25 Td (A) Tj ET Q q 0 0 0 rg BT 283.73 332.25 Td (TCH ST) Tj ET Q q 0 0 0 rg BT 317.10 332.25 Td (A) Tj ET Q q 0 0 0 rg BT 323.21 332.25 Td (TION INTERNA) Tj ET Q q 0 0 0 rg BT 392.37 332.25 Td (TIONAL, ) Tj ET Q q 0 0 0 rg BT 434.40 332.25 Td (WSI, MISFIT) Tj ET Q q 0 0 0 rg BT 489.77 332.25 Td (, ZODIAC and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 320.25 Td (MICHELE as trademarks on online e-commerce sites. ) Tj ET Q q 0 0 0 rg BT 268.69 320.25 Td (W) Tj ET Q q 0 0 0 rg BT 277.33 320.25 Td (e have taken steps to establish or provide additional protection for our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 308.25 Td (trademarks by registering or applying to register our trademarks for relevant classes of products in each country where our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 296.25 Td (products are sold in addition to certain foreign countries where it is our intent to market our products in the future. Each ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 284.25 Td (registered trademark may be renewable indefinitely) Tj ET Q q 0 0 0 rg BT 255.14 284.25 Td (, so long as we continue to use the mark in the applicable jurisdiction and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 272.25 Td (make the appropriate filings when required. ) Tj ET Q q 0 0 0 rg BT 226.76 272.25 Td (W) Tj ET Q q 0 0 0 rg BT 235.39 272.25 Td (e aggressively protect our trademarks and trade dress and pursue infringement ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 260.25 Td (claims both domestically and internationally) Tj ET Q q 0 0 0 rg BT 226.58 260.25 Td (. ) Tj ET Q q 0 0 0 rg BT 231.40 260.25 Td (W) Tj ET Q q 0 0 0 rg BT 240.04 260.25 Td (e also pursue counterfeiters both domestically and internationally through third-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 248.25 Td (party online monitoring tools and through leads generated internally) Tj ET Q q 0 0 0 rg BT 321.56 248.25 Td (, as well as through our business partners worldwide.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 227.25 Td (Patents) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 206.25 Td (W) Tj ET Q q 0 0 0 rg BT 80.64 206.25 Td (e continue to explore innovations in the design and assembly of our watch, smartwatch, activity tracker and related ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 194.25 Td (products. ) Tj ET Q q 0 0 0 rg BT 88.39 194.25 Td (As a result, we have been granted, and have pending, various U.S. and international design and utility patents related ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 182.25 Td (to certain product designs, features, and technologies. ) Tj ET Q q 0 0 0 rg BT 266.10 182.25 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.54 182.25 Td (December29, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.13 182.25 Td (, none of our patents were material to our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 170.25 Td (business.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 149.25 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 128.25 Td (W) Tj ET Q q 0 0 0 rg BT 85.14 128.25 Td (e rely upon unpatented trade secrets, know-how) Tj ET Q q 0 0 0 rg BT 275.81 128.25 Td (, and continuing technological innovation to develop and maintain our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 116.25 Td (competitive position, particularly in the wearable technology space. ) Tj ET Q q 0 0 0 rg BT 322.56 116.25 Td (W) Tj ET Q q 0 0 0 rg BT 331.20 116.25 Td (e strive to protect our trade secrets and other proprietary ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 104.25 Td (information through agreements with current and prospective product development partners, confidentiality agreements with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 92.25 Td (employees, consultants and others that may have access to our proprietary information and through the use of other security ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 80.25 Td (measures.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 59.25 Td (Seasonality ) Tj ET Q endstream endobj 19 0 obj <>] /Rotate 0 /Contents 20 0 R>> endobj 20 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 33.60 Td (6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 740.10 Td (Our business has a seasonal pattern, with a significant portion of our sales occurring during the end-of-year holiday ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 728.10 Td (period.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 707.10 Td (Inventory Contr) Tj ET Q q 0 0 0 rg BT 119.59 707.10 Td (ol) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 686.10 Td (W) Tj ET Q q 0 0 0 rg BT 80.64 686.10 Td (e maintain inventory control systems at our facilities that enable us to track each product from the time it is shipped ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 674.10 Td (from our factory through shipment to our customers, the end consumer) Tj ET Q q 0 0 0 rg BT 332.64 674.10 Td (, concessions locations and websites. ) Tj ET Q q 0 0 0 rg BT 482.71 674.10 Td (T) Tj ET Q q 0 0 0 rg BT 488.12 674.10 Td (o facilitate this ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 662.10 Td (tracking, a significant number of products sold by us are pre-ticketed and bar coded. Our inventory control systems report ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 650.10 Td (shipping, sales and individual stock keeping unit level inventory information. ) Tj ET Q q 0 0 0 rg BT 361.49 650.10 Td (W) Tj ET Q q 0 0 0 rg BT 370.13 650.10 Td (e manage the retail sales process by monitoring ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 638.10 Td (customer sales and inventory levels of our products by product category and style, primarily through electronic data ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 626.10 Td (interchange. ) Tj ET Q q 0 0 0 rg BT 100.96 626.10 Td (W) Tj ET Q q 0 0 0 rg BT 109.60 626.10 Td (e believe that our distribution capabilities enable us to reduce inventory risk and increase flexibility in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 614.10 Td (responding to the delivery requirements of our customers. ) Tj ET Q q 0 0 0 rg BT 283.43 614.10 Td (W) Tj ET Q q 0 0 0 rg BT 292.06 614.10 Td (e believe that our electronic data interchange ef) Tj ET Q q 0 0 0 rg BT 481.50 614.10 Td (forts will continue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 602.10 Td (to grow in the future as customers focus further on increasing operating ef) Tj ET Q q 0 0 0 rg BT 345.89 602.10 Td (ficiencies. In addition, we maintain systems that are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 590.10 Td (designed to track inventory movement through our Company-owned stores. ) Tj ET Q q 0 0 0 rg BT 354.81 590.10 Td (W) Tj ET Q q 0 0 0 rg BT 363.45 590.10 Td (e monitor store inventory movement through ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 578.10 Td (review of detailed sales transaction records, which are accumulated on each store) Tj ET Q q 0 0 0 rg BT 377.13 578.10 Td (s point-of-sale system.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 557.10 Td (Upon completion of assembly/manufacturing, the majority of our products are shipped to one of our warehousing and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 545.10 Td (distribution centers in ) Tj ET Q q 0 0 0 rg BT 139.03 545.10 Td (T) Tj ET Q q 0 0 0 rg BT 144.44 545.10 Td (exas, Germany or Hong Kong, from which they are shipped to subsidiary warehouses or directly to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 533.10 Td (customers in selected markets. Our centralized warehouse and distribution facilities allow us to maximize our inventory ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 521.10 Td (management and distribution capabilities and more readily meet the varying distribution requirements placed on us by our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 509.10 Td (customers at a lower cost. Our facilities in ) Tj ET Q q 0 0 0 rg BT 220.66 509.10 Td (T) Tj ET Q q 0 0 0 rg BT 226.07 509.10 Td (exas and Germany are equipped with automated material handling equipment. ) Tj ET Q q 0 0 0 rg BT 541.06 509.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 497.10 Td (automated equipment and operating systems, in conjunction with the continual sampling of our outgoing orders prior to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 485.10 Td (shipment, are important in maintaining the quality) Tj ET Q q 0 0 0 rg BT 249.64 485.10 Td (, accuracy) Tj ET Q q 0 0 0 rg BT 289.51 485.10 Td (, speed and reputation of our products and distribution service.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 464.10 Td (Significant Customer) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 443.10 Td (No customer accounted for 10% or more of our consolidated net sales in fiscal years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.17 443.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.17 443.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.17 443.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.17 443.10 Td ( or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.50 443.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.50 443.10 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 422.10 Td (Backlog) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 401.10 Td (It is the practice of a substantial number of our customers not to confirm orders by delivering a formal purchase order ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 389.10 Td (until a relatively short time prior to the shipment of goods. ) Tj ET Q q 0 0 0 rg BT 285.57 389.10 Td (As a result, the amount of unfilled customer orders includes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 377.10 Td (confirmed orders and orders that we believe will be confirmed by delivery of a formal purchase order) Tj ET Q q 0 0 0 rg BT 454.90 377.10 Td (. ) Tj ET Q q 0 0 0 rg BT 459.35 377.10 Td (A) Tj ET Q q 0 0 0 rg BT 466.02 377.10 Td ( majority of such ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 365.10 Td (amounts represent orders that have been confirmed. ) Tj ET Q q 0 0 0 rg BT 258.68 365.10 Td (The remainder of such amounts represents orders that we believe, based on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 353.10 Td (industry practice and prior experience, will be confirmed in the ordinary course of business. Our backlog at a particular time is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 341.10 Td (af) Tj ET Q q 0 0 0 rg BT 57.09 341.10 Td (fected by a number of factors, including seasonality and the scheduling of the manufacture and shipment of our products. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 329.10 Td (Accordingly) Tj ET Q q 0 0 0 rg BT 98.84 329.10 Td (, a comparison of backlog from period to period is not necessarily meaningful and may not be indicative of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 317.10 Td (eventual actual shipments. ) Tj ET Q q 0 0 0 rg BT 157.25 317.10 Td (At the end of fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 256.10 317.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 276.10 317.10 Td (, we had unfilled customer orders of approximately $96.2 million, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 305.10 Td (compared to $74.1 million and $104.5million at the end of fiscal years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.38 305.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.38 305.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.82 305.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.82 305.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 448.48 305.10 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 284.10 Td (Competition) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 263.10 Td (The businesses in which we compete are highly competitive and fragmented. ) Tj ET Q q 0 0 0 rg BT 382.28 263.10 Td (The current market for traditional watches ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 251.10 Td (can be divided into tiers ranging from lower price point watches that are typically distributed through mass market channels to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 239.10 Td (luxury watches at higher price points that are typically distributed through fine watch departments of upscale department stores ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 227.10 Td (or upscale specialty watch and fine jewelry stores. Our watch business generally competes in these tiers with a number of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 215.10 Td (established manufacturers, importers and distributors, including ) Tj ET Q q 0 0 0 rg BT 306.67 215.10 Td (Armitron, Citizen, Gucci, Guess?, Kenneth Cole, L) Tj ET Q q 0 0 0 rg BT 510.98 215.10 Td (VMH ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 203.10 Td (Group, Movado, Raymond ) Tj ET Q q 0 0 0 rg BT 159.59 203.10 Td (W) Tj ET Q q 0 0 0 rg BT 168.23 203.10 Td (eil, Seiko, Swatch, Swiss ) Tj ET Q q 0 0 0 rg BT 270.73 203.10 Td (Army) Tj ET Q q 0 0 0 rg BT 293.41 203.10 Td (, ) Tj ET Q q 0 0 0 rg BT 298.23 203.10 Td (T) Tj ET Q q 0 0 0 rg BT 303.54 203.10 Td (AG Heuer and ) Tj ET Q q 0 0 0 rg BT 364.17 203.10 Td (T) Tj ET Q q 0 0 0 rg BT 369.92 203.10 Td (imex. In addition, our leather goods, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 191.10 Td (sunglasses, and jewelry businesses compete with a lar) Tj ET Q q 0 0 0 rg BT 264.82 191.10 Td (ge number of established companies that have significant experience ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 179.10 Td (developing, marketing and distributing such products. Our competitors include distributors that import watches and accessories ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 167.10 Td (from abroad, U.S. companies that have established foreign manufacturing relationships and companies that produce accessories ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 155.10 Td (domestically) Tj ET Q q 0 0 0 rg BT 99.95 155.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 134.10 Td (W) Tj ET Q q 0 0 0 rg BT 80.64 134.10 Td (e believe the risk of significant new competitors for traditional watches is mitigated to some extent by barriers to entry ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 122.10 Td (such as high startup costs and the development of long-term relationships with customers and manufacturing sources. However) Tj ET Q q 0 0 0 rg BT 558.14 122.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 110.10 Td (in the expanding wearable technology industry) Tj ET Q q 0 0 0 rg BT 236.30 110.10 Td (, we face competition from technology brands such as ) Tj ET Q q 0 0 0 rg BT 454.01 110.10 Td (Apple and Samsung, from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 98.10 Td (fitness brands such as Fitbit, as well as from many established traditional watch manufacturers that have launched wearable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 86.10 Td (technology products. ) Tj ET Q q 0 0 0 rg BT 135.32 86.10 Td (As this industry evolves and grows, there will likely be increased competition as well. However) Tj ET Q q 0 0 0 rg BT 518.16 86.10 Td (, we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 74.10 Td (believe our design, branding, significant scale and distribution are strong competitive advantages.) Tj ET Q endstream endobj 21 0 obj <>] /Rotate 0 /Contents 22 0 R>> endobj 22 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 33.60 Td (7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 740.10 Td (Although the level and nature of competition varies among our product categories and geographic regions, we compete on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 728.10 Td (the basis of style and technical features, price, value, quality) Tj ET Q q 0 0 0 rg BT 289.87 728.10 Td (, brand name, advertising, marketing, distribution and customer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 716.10 Td (service. Our ability to identify and respond to changing fashion trends and consumer preferences \(including wearable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 704.10 Td (technology\), to maintain existing relationships and develop new relationships with manufacturing sources, to deliver quality ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 692.10 Td (merchandise in a timely manner) Tj ET Q q 0 0 0 rg BT 177.39 692.10 Td (, to manage the retail sales process, and to continue to integrate technology into our business ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 680.10 Td (model are important factors in our ability to compete. Our distinctive business model of owning the distribution in many key ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 668.10 Td (markets and of) Tj ET Q q 0 0 0 rg BT 108.74 668.10 Td (fering a globally recognized portfolio of proprietary and licensed products allows for many competitive ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 656.10 Td (advantages over smaller) Tj ET Q q 0 0 0 rg BT 145.73 656.10 Td (, regional or local competitors. ) Tj ET Q q 0 0 0 rg BT 270.78 656.10 Td (This allows us to bypass the local distributor's cost structure in certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 644.10 Td (countries, resulting in more competitively priced products, while also generating higher product and operating mar) Tj ET Q q 0 0 0 rg BT 508.07 644.10 Td (gins.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 623.10 Td (Governmental Regulation) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 602.10 Td (Imports and Import Restrictions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 581.10 Td (Most of our products are assembled or manufactured overseas. ) Tj ET Q q 0 0 0 rg BT 324.70 581.10 Td (As a result, the U.S. and countries in which our products ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 569.10 Td (are sourced or sold may from time to time modify existing or impose new quotas, duties \(including anti-dumping or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 557.10 Td (countervailing duties\), tarif) Tj ET Q q 0 0 0 rg BT 158.45 557.10 Td (fs or other restrictions in a manner that adversely af) Tj ET Q q 0 0 0 rg BT 364.58 557.10 Td (fects us. For example, our products imported to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 545.10 Td (the U.S. are subject to U.S. customs duties, and in the ordinary course of our business, we may from time to time be subject to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 533.10 Td (claims by the U.S. Customs Service for duties and other char) Tj ET Q q 0 0 0 rg BT 293.16 533.10 Td (ges. Factors that may influence the modification or imposition of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 521.10 Td (these restrictions include the determination by the U.S. ) Tj ET Q q 0 0 0 rg BT 271.49 521.10 Td (T) Tj ET Q q 0 0 0 rg BT 277.24 521.10 Td (rade Representative that a country has denied adequate intellectual ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 509.10 Td (property rights or fair and equitable market access to U.S. firms that rely on intellectual property) Tj ET Q q 0 0 0 rg BT 435.12 509.10 Td (, trade disputes between the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 497.10 Td (U.S. and a country that leads to withdrawal of "most favored nation" status for that country and economic and political changes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 485.10 Td (within a country that are viewed unfavorably by the U.S. government. ) Tj ET Q q 0 0 0 rg BT 332.02 485.10 Td (W) Tj ET Q q 0 0 0 rg BT 340.66 485.10 Td (e cannot predict the ef) Tj ET Q q 0 0 0 rg BT 429.32 485.10 Td (fect these events would have on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 473.10 Td (our operations, if any) Tj ET Q q 0 0 0 rg BT 134.38 473.10 Td (, especially in light of the concentration of our assembly and manufacturing operations in Hong Kong and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 461.10 Td (China.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 440.10 Td (General) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 419.10 Td (W) Tj ET Q q 0 0 0 rg BT 80.64 419.10 Td (e are subject to laws regarding customs, tax, employment, privacy) Tj ET Q q 0 0 0 rg BT 344.35 419.10 Td (, truth-in-advertising, consumer product safety) Tj ET Q q 0 0 0 rg BT 529.76 419.10 Td (, zoning ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 407.10 Td (and occupancy and other laws and regulations that regulate and/or govern the importation, promotion and sale of consumer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 395.10 Td (products and our corporate, retail and distribution operations.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 374.10 Td (Compliance and ) Tj ET Q q 0 0 0 rg BT 121.55 374.10 Td (T) Tj ET Q q 0 0 0 rg BT 127.48 374.10 Td (rade) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 353.10 Td (Code of Conduct for Manufacturers) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 332.10 Td (W) Tj ET Q q 0 0 0 rg BT 80.64 332.10 Td (e are committed to ethical and responsible conduct in all of our operations and respect for the rights of all individuals. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 320.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 320.10 Td (e strive to ensure that human rights are upheld for all workers involved in our supply chain, and that individuals experience ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 308.10 Td (safe, fair and non-discriminatory working conditions. In addition, we are committed to compliance with applicable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 296.10 Td (environmental requirements and are committed to seeing that all of our products are manufactured and distributed in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 284.10 Td (compliance with applicable environmental laws and regulations. ) Tj ET Q q 0 0 0 rg BT 309.24 284.10 Td (W) Tj ET Q q 0 0 0 rg BT 317.87 284.10 Td (e expect that our business partners will share these ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 272.10 Td (commitments, which we enforce through our Manufacturer Code.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 251.10 Td (Our Manufacturer Code specifically requires our manufacturers to not use child, forced or involuntary labor and to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 239.10 Td (comply with applicable environmental laws and regulations. ) Tj ET Q q 0 0 0 rg BT 293.14 239.10 Td (W) Tj ET Q q 0 0 0 rg BT 301.78 239.10 Td (e provide training to our factories related to our Manufacturer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 227.10 Td (Code and the applicable laws in the country in which the factory is located. ) Tj ET Q q 0 0 0 rg BT 352.83 227.10 Td (The training provides the factories with a more in-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 215.10 Td (depth explanation of our Manufacturer Code.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 194.10 Td (In addition to the contractual obligation, we evaluate our suppliers' compliance with our Manufacturer Code through ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 182.10 Td (audits conducted both by our employees and third-party compliance auditing firms. In most cases, the audits are announced. If ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 170.10 Td (we believe that a supplier is failing to live up to the standards of our Manufacturer Code, we may terminate the supplier or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 158.10 Td (provide the supplier with an opportunity to remedy the non-compliance through the implementation of a corrective action plan. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 146.10 Td (For those suppliers on a corrective action plan, we will work with the supplier as necessary to help them understand the non-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 134.10 Td (compliance and provide advice on how to remedy the non-compliance. ) Tj ET Q q 0 0 0 rg BT 335.61 134.10 Td (W) Tj ET Q q 0 0 0 rg BT 344.25 134.10 Td (e conduct a follow-up audit to confirm compliance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 122.10 Td (after the implementation of the corrective action plan. Should the supplier continue to fail to meet our standards, we may seek ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 110.10 Td (to eliminate such supplier from our supply chain.) Tj ET Q endstream endobj 23 0 obj <>] /Rotate 0 /Contents 24 0 R>> endobj 24 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 33.60 Td (8) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 740.25 Td (Quality Control) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 719.25 Td (Our quality control program attempts to ensure that our products meet the standards established by our product ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 707.25 Td (development staf) Tj ET Q q 0 0 0 rg BT 117.91 707.25 Td (f. Samples of products are inspected by us prior to placing orders with factories to ensure compliance with our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 695.25 Td (technical design specifications. ) Tj ET Q q 0 0 0 rg BT 176.50 695.25 Td (W) Tj ET Q q 0 0 0 rg BT 185.13 695.25 Td (e also typically inspect "top of production" prototypes of each product before commencing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 683.25 Td (production. ) Tj ET Q q 0 0 0 rg BT 97.64 683.25 Td (The operations of our Hong Kong and Chinese factories are monitored on a periodic basis by Fossil East, and the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 671.25 Td (operations of our Swiss factories are monitored on a periodic basis by Montres ) Tj ET Q q 0 0 0 rg BT 366.38 671.25 Td (Antima SA, one of our foreign operating ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 659.25 Td (subsidiaries. Substantially all of our watches, jewelry and certain of our other accessories are inspected by personnel of Fossil ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 647.25 Td (East or by the assembly/manufacturing facility prior to shipment to our distribution centers. Final inspections, on a sampling ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 635.25 Td (basis, occur when the products are received in our distribution centers. ) Tj ET Q q 0 0 0 rg BT 333.95 635.25 Td (W) Tj ET Q q 0 0 0 rg BT 342.59 635.25 Td (e believe that our policy of inspecting our products at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 623.25 Td (the assembly/manufacturing facility) Tj ET Q q 0 0 0 rg BT 192.69 623.25 Td (, upon receipt at our distribution facilities and prior to shipment to our customers is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 611.25 Td (important to maintain the quality) Tj ET Q q 0 0 0 rg BT 180.49 611.25 Td (, consistency and reputation of our products.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 590.25 Td (T) Tj ET Q q 0 0 0 rg BT 55.24 590.25 Td (rade) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 569.25 Td (Our warehouse and distribution facilities in ) Tj ET Q q 0 0 0 rg BT 247.89 569.25 Td (T) Tj ET Q q 0 0 0 rg BT 253.30 569.25 Td (exas operate in a special purpose sub-zone established by the U.S. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 557.25 Td (Department of Commerce Foreign ) Tj ET Q q 0 0 0 rg BT 189.83 557.25 Td (T) Tj ET Q q 0 0 0 rg BT 195.59 557.25 Td (rade Zone Board. ) Tj ET Q q 0 0 0 rg BT 267.60 557.25 Td (This sub-zone provides the following economic and operational ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 545.25 Td (advantages to us: \(i\) we do not have to pay duty on imported merchandise until it leaves the sub-zone and enters the U.S. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 533.25 Td (market; \(ii\) we do not have to pay any U.S. duty on merchandise if the imported merchandise is subsequently shipped to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 521.25 Td (locations outside the U.S.; and \(iii\) we do not have to pay local property tax on inventory located within the sub-zone.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 500.25 Td (Employees) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 479.25 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 96.44 479.25 Td (December29, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.03 479.25 Td (, we employed approximately 10,800 persons, including approximately 6,600 persons employed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 467.25 Td (by our foreign operating subsidiaries.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 446.25 Td (None of our domestic or foreign-based employees are represented by a trade union. However) Tj ET Q q 0 0 0 rg BT 444.24 446.25 Td (, certain European-based ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 434.25 Td (employees are represented by work councils, which include certain of our current employees who negotiate with management ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 422.25 Td (on behalf of all the employees. ) Tj ET Q q 0 0 0 rg BT 175.11 422.25 Td (W) Tj ET Q q 0 0 0 rg BT 183.75 422.25 Td (e have never experienced a work stoppage and consider our working relationship with our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 410.25 Td (employees and work councils to be good.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 389.25 Td (Item1A.Risk Factors) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 368.25 Td (The statements contained in this ) Tj ET Q q 0 0 0 rg BT 204.31 368.25 Td (Annual Report on Form10-K that are not historical facts, including, but not limited to, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 356.25 Td (statements regarding our expected financial position, results of operations, business and financing plans found in Item1. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 344.25 Td (Business and Item7. Management's Discussion and ) Tj ET Q q 0 0 0 rg BT 258.50 344.25 Td (Analysis of Financial Condition and Results of Operations, constitute ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 332.25 Td (forward-looking statements within the meaning of the Securities Litigation Reform ) Tj ET Q q 0 0 0 rg BT 383.87 332.25 Td (Act of 1995 and involve a number of risks ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 320.25 Td (and uncertainties. Forward-looking statements include statements preceded by) Tj ET Q q 0 0 0 rg BT 362.09 320.25 Td (, followed by or that include the words may) Tj ET Q q 0 0 0 rg BT 540.56 320.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 308.25 Td (could, would, should, believe, expect, anticipate, plan, seek, might, estimate, tar) Tj ET Q q 0 0 0 rg BT 453.56 308.25 Td (get, project, forecast, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 296.25 Td (predict, objective, intend, understand, ongoing, continue, or similar expressions and the negative of such words ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 284.25 Td (and expressions, although not all forward-looking statements contain such words or expressions. ) Tj ET Q q 0 0 0 rg BT 438.13 284.25 Td (These forward-looking ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 272.25 Td (statements are based on our current expectations and beliefs concerning future developments and their potential ef) Tj ET Q q 0 0 0 rg BT 506.09 272.25 Td (fect on us. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 260.25 Td (While management believes that these forward-looking statements are reasonable as and when made, there can be no assurance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 248.25 Td (that future developments af) Tj ET Q q 0 0 0 rg BT 159.00 248.25 Td (fecting us will be those that we anticipate. ) Tj ET Q q 0 0 0 rg BT 329.60 248.25 Td (The actual results of the future events described in such ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 236.25 Td (forward-looking statements could dif) Tj ET Q q 0 0 0 rg BT 197.89 236.25 Td (fer materially from those stated in such forward-looking statements.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 215.25 Td (Our actual results may dif) Tj ET Q q 0 0 0 rg BT 177.18 215.25 Td (fer materially due to the risks and uncertainties discussed in this ) Tj ET Q q 0 0 0 rg BT 435.17 215.25 Td (Annual Report on Form10-K, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 203.25 Td (including those discussed below) Tj ET Q q 0 0 0 rg BT 178.00 203.25 Td (. ) Tj ET Q q 0 0 0 rg BT 182.45 203.25 Td (Accordingly) Tj ET Q q 0 0 0 rg BT 231.79 203.25 Td (, readers of this ) Tj ET Q q 0 0 0 rg BT 295.38 203.25 Td (Annual Report on Form10-K should consider these factors in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 191.25 Td (evaluating, and are cautioned not to place undue reliance on, the forward-looking statements contained herein. ) Tj ET Q q 0 0 0 rg BT 493.04 191.25 Td (W) Tj ET Q q 0 0 0 rg BT 501.68 191.25 Td (e undertake no ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 179.25 Td (obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 167.25 Td (otherwise, except as required by law) Tj ET Q q 0 0 0 rg BT 194.91 167.25 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 146.25 Td (Risk Factors Relating to Our) Tj ET Q q 0 0 0 rg BT 173.20 146.25 Td ( Business) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 125.25 Td (Our success depends upon our ability to anticipate and respond to changing fashion and product trends.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 104.25 Td (Our success depends upon our ability to anticipate and respond to changing fashion and product trends and consumer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 92.25 Td (preferences in a timely manner) Tj ET Q q 0 0 0 rg BT 172.78 92.25 Td (. ) Tj ET Q q 0 0 0 rg BT 177.60 92.25 Td (The purchasing decisions of consumers are highly subjective and can be influenced by many ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 80.25 Td (factors, such as brand image, marketing programs, functionality and product design. Our success depends, in part, on our ability ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 68.25 Td (to anticipate, gauge and respond to these changing consumer preferences in a timely manner while preserving the authenticity ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 56.25 Td (and the quality of our brands. ) Tj ET Q q 0 0 0 rg BT 169.20 56.25 Td (Although we attempt to stay abreast of emer) Tj ET Q q 0 0 0 rg BT 346.46 56.25 Td (ging lifestyle and fashion trends and technology ) Tj ET Q endstream endobj 25 0 obj <>] /Rotate 0 /Contents 26 0 R>> endobj 26 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 31.60 Td (9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 742.10 Td (advances af) Tj ET Q q 0 0 0 rg BT 96.23 742.10 Td (fecting accessories, any failure by us to identify and respond to such trends could adversely af) Tj ET Q q 0 0 0 rg BT 472.04 742.10 Td (fect consumer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 730.10 Td (acceptance of our existing brand names and product lines, which in turn could adversely af) Tj ET Q q 0 0 0 rg BT 412.81 730.10 Td (fect sales of our products. If we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 718.10 Td (misjudge the market for our products, we may be faced with a significant amount of unsold finished goods inventory) Tj ET Q q 0 0 0 rg BT 516.24 718.10 Td (, which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 706.10 Td (could adversely af) Tj ET Q q 0 0 0 rg BT 122.62 706.10 Td (fect our results of operations. In recent years, we have experienced decreasing net sales across most product ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 694.10 Td (categories; in particular) Tj ET Q q 0 0 0 rg BT 143.50 694.10 Td (, net sales of watches have declined, reflecting the decline in the traditional watch market partly of) Tj ET Q q 0 0 0 rg BT 537.05 694.10 Td (fset ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 682.10 Td (by wearables. If we are unable to adjust our product of) Tj ET Q q 0 0 0 rg BT 270.35 682.10 Td (ferings and reverse the decrease in net sales, our results of operations ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 670.10 Td (and financial condition could be adversely af) Tj ET Q q 0 0 0 rg BT 229.25 670.10 Td (fected. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 649.10 Td (Our success depends upon our ability to continue to develop innovative products, including wearable technology) Tj ET Q q 0 0 0 rg BT 511.09 649.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 628.10 Td (Our success depends upon our ability to continue to develop innovative products in the respective markets in which we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 616.10 Td (compete. ) Tj ET Q q 0 0 0 rg BT 88.19 616.10 Td (W) Tj ET Q q 0 0 0 rg BT 96.83 616.10 Td (earable technology is a growing category of fashion that of) Tj ET Q q 0 0 0 rg BT 332.40 616.10 Td (fers customers new functionality with accessories, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 604.10 Td (including jewelry and smartwatches. Our ability to respond to consumer preferences for wearable technology will depend in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 592.10 Td (part on establishing successful partnerships with or acquiring companies that are involved in developing wearable technology) Tj ET Q q 0 0 0 rg BT 551.21 592.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 580.10 Td (If we are unable to establish such partnerships or make meaningful acquisitions, this could negatively impact our ability to meet ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 568.10 Td (customer demands for wearable technology) Tj ET Q q 0 0 0 rg BT 223.23 568.10 Td (. ) Tj ET Q q 0 0 0 rg BT 227.68 568.10 Td (Additionally) Tj ET Q q 0 0 0 rg BT 277.58 568.10 Td (, we may be unable to enhance and develop our products to satisfy ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 556.10 Td (consumer demands for wearable technology or we may fail to do so in a timely manner or at competitive prices. ) Tj ET Q q 0 0 0 rg BT 500.01 556.10 Td (W) Tj ET Q q 0 0 0 rg BT 508.65 556.10 Td (e may also ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 544.10 Td (fail to understand or estimate correctly the dynamics of this new market, such as allowances for sales returns, warranty ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 532.10 Td (liabilities, inventory reserves or the allowance for bad debts attributable to this new product category) Tj ET Q q 0 0 0 rg BT 452.33 532.10 Td (. ) Tj ET Q q 0 0 0 rg BT 457.15 532.10 Td (The process of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 520.10 Td (developing new products is complex and uncertain, and involves time, substantial costs and risks, which are further magnified ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 508.10 Td (when the development process involves a transition to a new technology platform. Our inability or the inability of our partners, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 496.10 Td (for technological or other reasons, some of which may be beyond our or our partners' control, to enhance, develop, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 484.10 Td (manufacture, distribute and monetize wearable technology products in a timely manner) Tj ET Q q 0 0 0 rg BT 398.14 484.10 Td (, or at all, in response to changing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 472.10 Td (consumer preferences for wearable technology) Tj ET Q q 0 0 0 rg BT 235.98 472.10 Td (, could have a material adverse ef) Tj ET Q q 0 0 0 rg BT 369.90 472.10 Td (fect on our business, results of operations and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 460.10 Td (financial condition or could result in our products not achieving market acceptance or becoming obsolete. If we are unable to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 448.10 Td (successfully introduce new products, or if our competitors introduce new or superior products, customers may purchase ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 436.10 Td (increasing amounts of products from our competitors, which could adversely af) Tj ET Q q 0 0 0 rg BT 367.29 436.10 Td (fect our sales and results of operations. Further) Tj ET Q q 0 0 0 rg BT 554.61 436.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 424.10 Td (it may take time to establish a stable position in the wearable technology category and any initial results should not be taken as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 412.10 Td (a guarantee of future trends.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 391.10 Td (Any deterioration in the global economic environment, and any resulting declines in consumer confidence and spending, ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 379.10 Td (could have an adverse ef) Tj ET Q q 0 0 0 rg BT 150.96 379.10 Td (fect on our operating results and financial condition.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 358.10 Td (Uncertainty in global markets, slowing economic growth, high levels of unemployment and eroding consumer confidence ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 346.10 Td (can negatively impact the level of consumer spending for discretionary items. ) Tj ET Q q 0 0 0 rg BT 362.55 346.10 Td (This can af) Tj ET Q q 0 0 0 rg BT 406.79 346.10 Td (fect our business as it is dependent on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 334.10 Td (consumer demand for our products. Global economic conditions remain uncertain, and the possibility remains that domestic or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 322.10 Td (global economies, or certain industry sectors of those economies that are key to our sales, may slow or deteriorate, which could ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 310.10 Td (result in a corresponding decrease in demand for our products and negatively impact our results of operations and financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 298.10 Td (condition.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 277.10 Td (W) Tj ET Q q 0 0 0 rg BT 57.65 277.10 Td (e have recently expanded, and intend to further expand, the scope of our product of) Tj ET Q q 0 0 0 rg BT 400.79 277.10 Td (ferings, and new products introduced ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 265.10 Td (by us may not achieve consumer acceptance comparable to that of our existing product lines.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 244.10 Td (W) Tj ET Q q 0 0 0 rg BT 82.14 244.10 Td (e have recently expanded, and intend to further expand, the scope of our product of) Tj ET Q q 0 0 0 rg BT 414.61 244.10 Td (ferings, particularly in the wearable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 232.10 Td (technology space. ) Tj ET Q q 0 0 0 rg BT 123.09 232.10 Td (As is typical with new products, market acceptance of new designs and products is subject to uncertainty) Tj ET Q q 0 0 0 rg BT 542.04 232.10 Td (. In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 220.10 Td (addition, we generally make decisions regarding product designs and technology development several months in advance of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 208.10 Td (time when consumer acceptance can be measured. If trends shift away from our products, if our wearable technology becomes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 196.10 Td (outdated or if we misjudge the market for our product lines, we may be faced with significant amounts of unsold inventory or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 184.10 Td (other conditions which could have a material adverse ef) Tj ET Q q 0 0 0 rg BT 272.57 184.10 Td (fect on our financial condition and results of operations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 163.10 Td (The failure of new product designs or new product lines to gain market acceptance could also adversely af) Tj ET Q q 0 0 0 rg BT 498.44 163.10 Td (fect our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 151.10 Td (business and the image of our brands. ) Tj ET Q q 0 0 0 rg BT 202.25 151.10 Td (Achieving market acceptance for new products or technology may also require ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 139.10 Td (substantial marketing ef) Tj ET Q q 0 0 0 rg BT 145.40 139.10 Td (forts and expenditures to generate consumer demand. ) Tj ET Q q 0 0 0 rg BT 361.26 139.10 Td (These requirements could strain our management, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 127.10 Td (financial and operational resources. If we do not continue to develop innovative products that provide better design, technology ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 115.10 Td (and performance attributes than the products of our competitors and that are accepted by consumers, or if our future product ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 103.10 Td (lines misjudge consumer demands, we may lose consumer loyalty) Tj ET Q q 0 0 0 rg BT 312.96 103.10 Td (, which could result in a decline in our sales and market share.) Tj ET Q BT /F4 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 49.50 82.10 Td (If additional tarif) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 120.99 82.10 Td (fs or other restrictions are placed on imports from China or any retaliatory trade measures are taken by ) Tj ET Q BT /F4 10.00 Tf ET q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 49.50 70.10 Td (China, our revenue and results of operations may be materially harmed.) Tj ET Q endstream endobj 27 0 obj <>] /Rotate 0 /Contents 28 0 R>> endobj 28 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (10) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 71.50 742.10 Td (If significant tarif) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 141.85 742.10 Td (fs or other restrictions are placed on imports from China or any retaliatory trade measures are taken by ) Tj ET Q BT /F1 10.00 Tf ET q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 49.50 730.10 Td (China, our revenue and results of operations may be materially harmed. In July 2018, the ) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 408.11 730.10 Td (T) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 413.87 730.10 Td (rump ) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 436.92 730.10 Td (Administration announced a ) Tj ET Q BT /F1 10.00 Tf ET q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 49.50 718.10 Td (list of thousands of categories of goods, including electronics, that could face tarif) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 377.56 718.10 Td (fs of 10% to 25%. ) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 452.37 718.10 Td (While certain of our ) Tj ET Q BT /F1 10.00 Tf ET q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 49.50 706.10 Td (packaging and handbag products were impacted with an additional 10% tarif) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 356.44 706.10 Td (f on the first cost price of these products as ) Tj ET Q BT /F1 10.00 Tf ET q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 49.50 694.10 Td (imported into the United States beginning in September 2018,our smartwatches that are assembled and manufactured in China ) Tj ET Q BT /F1 10.00 Tf ET q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 49.50 682.10 Td (were excluded. However) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 148.77 682.10 Td (, the ) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 168.31 682.10 Td (T) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 174.07 682.10 Td (rump ) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 197.12 682.10 Td (Administration has further stated that if a trade agreement with China is not reached on or ) Tj ET Q BT /F1 10.00 Tf ET q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 49.50 670.10 Td (around March 1, 2019, the 10% tarif) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 195.39 670.10 Td (f will be increased to 25%. ) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 307.40 670.10 Td (The ) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 325.26 670.10 Td (T) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 331.02 670.10 Td (rump ) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 354.08 670.10 Td (Administration has also announced that tarif) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 531.35 670.10 Td (fs on ) Tj ET Q BT /F1 10.00 Tf ET q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 49.50 658.10 Td (additional trade with China may be imposed if a trade agreement is not reached.) Tj ET Q BT /F1 10.00 Tf ET q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 71.50 637.10 Td (If additional duties are imposed on our products, particularly any of our watch products, we may be required to raise our ) Tj ET Q BT /F1 10.00 Tf ET q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 49.50 625.10 Td (prices, which may result in the loss of customers and harm our operating performance. ) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 397.73 625.10 Td (Alternatively) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 449.84 625.10 Td (, we may seek to shift ) Tj ET Q BT /F1 10.00 Tf ET q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 49.50 613.10 Td (production outside of China, resulting in significant costs and disruption to our operations. ) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 413.62 613.10 Td (Additionally) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 463.52 613.10 Td (, the ) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 483.06 613.10 Td (T) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 488.82 613.10 Td (rump ) Tj ET Q BT /F1 10.00 Tf ET q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 49.50 601.10 Td (Administration continues to signal that it may alter trade agreements and terms between China and the United States, including ) Tj ET Q BT /F1 10.00 Tf ET q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 49.50 589.10 Td (limiting trade with China, and potentially impose other restrictions on exports from China to the United States. Even ) Tj ET Q BT /F1 10.00 Tf ET q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 49.50 577.10 Td (ifadditional duties are not imposed on our products, it is possible further tarif) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 359.81 577.10 Td (fs will be imposed on imports of our products, or ) Tj ET Q BT /F1 10.00 Tf ET q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 49.50 565.10 Td (that our business will be impacted by retaliatory trade measures taken by China or other countries in response to existing or ) Tj ET Q BT /F1 10.00 Tf ET q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 49.50 553.10 Td (future tarif) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 92.35 553.10 Td (fs, causing us to raise prices or make changes to our operations, any of which could materially harm our revenue or ) Tj ET Q BT /F1 10.00 Tf ET q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 49.50 541.10 Td (operating results.) Tj ET Q BT /F4 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 49.50 520.10 Td (U.S. tax legislation enacted in December 2017 may adversely af) Tj ET Q q 0 0 0 rg BT 310.67 520.10 Td (fect our business, results of operations, financial condition ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 508.10 Td (and cash flow) Tj ET Q q 0 0 0 rg BT 106.36 508.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 71.50 487.10 Td (On December 22, 2017, the President signed into law Public Law No. 1) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 358.02 487.10 Td (15-97, commonly referred to as the ) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 501.40 487.10 Td (T) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 506.81 487.10 Td (ax Cuts and ) Tj ET Q BT /F1 10.00 Tf ET q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 49.50 475.10 Td (Jobs ) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 69.23 475.10 Td (Act, following its passage by the United States Congress. ) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 300.96 475.10 Td (The ) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 318.83 475.10 Td (T) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 324.24 475.10 Td (ax Cuts and Jobs ) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 393.69 475.10 Td (Act made significant changes to U.S. ) Tj ET Q BT /F1 10.00 Tf ET q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 49.50 463.10 Td (federal income tax laws, including changing the corporate tax rate to a flat 21% rate, introducing a capital investment deduction ) Tj ET Q BT /F1 10.00 Tf ET q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 49.50 451.10 Td (in certain circumstances, placing certain limitations on the interest deduction, modifying the rules regarding the usability of ) Tj ET Q BT /F1 10.00 Tf ET q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 49.50 439.10 Td (certain net operating losses, and making extensive changes to the U.S. international tax system. ) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 435.61 439.10 Td (The new Global Intangible ) Tj ET Q BT /F1 10.00 Tf ET q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 49.50 427.10 Td (Low-T) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 76.57 427.10 Td (axed Income \(GIL) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 153.94 427.10 Td (TI\) provisions of the ) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 243.19 427.10 Td (T) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 248.60 427.10 Td (ax Cuts and Job ) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 314.15 427.10 Td (Act requiring the inclusion of certain foreign earnings in U.S. ) Tj ET Q BT /F1 10.00 Tf ET q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 49.50 415.10 Td (taxable income increased our ef) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 176.48 415.10 Td (fective tax rate in fiscal year 2018 and will continue to increase it in future years. ) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 505.61 415.10 Td (T) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 511.02 415.10 Td (echnically) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 551.46 415.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 49.50 403.10 Td (corporate shareholders of foreign corporations generating GIL) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 297.93 403.10 Td (TI are generally entitled to a 50% deduction against such income, ) Tj ET Q BT /F1 10.00 Tf ET q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 49.50 391.10 Td (lowering the ef) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 109.85 391.10 Td (fective rate of tax from 21% to 10.5%. Furthermore, they are able to recognize a foreign tax credit for 80% of ) Tj ET Q BT /F1 10.00 Tf ET q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 49.50 379.10 Td (local taxes paid on GIL) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 142.44 379.10 Td (TI income. ) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 191.13 379.10 Td (Therefore, as long as the foreign group's average ef) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 396.27 379.10 Td (fective rate is 13.125% or more, the tax ) Tj ET Q BT /F1 10.00 Tf ET q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 49.50 367.10 Td (associated with GIL) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 129.11 367.10 Td (TI should be fully of) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 211.70 367.10 Td (fset by foreign tax credits. However) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 357.63 367.10 Td (, when a corporation has a domestic source loss, ) Tj ET Q BT /F1 10.00 Tf ET q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 49.50 355.10 Td (the GIL) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 79.96 355.10 Td (TI absorbs this loss, eliminating any ability to carry the loss forward to of) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 374.17 355.10 Td (fset future income. Our ef) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 480.06 355.10 Td (fective foreign ) Tj ET Q BT /F1 10.00 Tf ET q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 49.50 343.10 Td (income tax rate is significantly higher than the intended 13.125% threshold. However) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 396.51 343.10 Td (, the GIL) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 431.97 343.10 Td (TI consumed our domestic ) Tj ET Q BT /F1 10.00 Tf ET q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 49.50 331.10 Td (source loss for fiscal year 2018, creating excess GIL) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 258.23 331.10 Td (TI foreign tax credits that could not be utilized. ) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 452.15 331.10 Td (The impact of the GIL) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 541.20 331.10 Td (TI ) Tj ET Q BT /F1 10.00 Tf ET q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 49.50 319.10 Td (provision of the ) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 115.14 319.10 Td (T) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 120.55 319.10 Td (ax Cuts and Jobs ) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 190.00 319.10 Td (Act was included in our financial statements for fiscal year 2018. ) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 455.57 319.10 Td (W) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 464.21 319.10 Td (e account for GIL) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 534.64 319.10 Td (TI as ) Tj ET Q BT /F1 10.00 Tf ET q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 49.50 307.10 Td (incurred under the period cost method. ) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 208.90 307.10 Td (As a result of these new provisions, especially the GIL) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 426.81 307.10 Td (TI, our ef) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 464.67 307.10 Td (fective tax rate in fiscal ) Tj ET Q BT /F1 10.00 Tf ET q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 49.50 295.10 Td (2018 was ) Tj ET Q BT /F1 10.00 Tf ET q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 90.05 295.10 Td (104.7%) Tj ET Q BT /F1 10.00 Tf ET q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 120.88 295.10 Td (, which substantially exceeded the federal statutory rate of 21.0%. ) Tj ET Q q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 389.50 295.10 Td (The impact of these new rules could be ) Tj ET Q BT /F1 10.00 Tf ET q 0.13333333333333333 0.13333333333333333 0.13333333333333333 rg BT 49.50 283.10 Td (adverse in future years.) Tj ET Q BT /F4 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 49.50 259.10 Td (The ef) Tj ET Q q 0 0 0 rg BT 75.70 259.10 Td (fects of economic cycles, terrorism, acts of war and retail industry conditions may adversely af) Tj ET Q q 0 0 0 rg BT 462.70 259.10 Td (fect our business.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 238.10 Td (Our business is subject to economic cycles and retail industry conditions. Purchases of discretionary fashion accessories, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 226.10 Td (such as our watches, jewelry) Tj ET Q q 0 0 0 rg BT 163.53 226.10 Td (, handbags, sunglasses and other products, tend to decline during recessionary periods when ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 214.10 Td (disposable income is low and consumers are hesitant to use available credit. In addition, acts of terrorism, acts of war and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 202.10 Td (military action both in the U.S. and abroad can have a significant ef) Tj ET Q q 0 0 0 rg BT 319.79 202.10 Td (fect on economic conditions and may negatively af) Tj ET Q q 0 0 0 rg BT 523.70 202.10 Td (fect our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 190.10 Td (ability to procure our products from manufacturers for sale to our customers. ) Tj ET Q q 0 0 0 rg BT 358.58 190.10 Td (Any significant declines in general economic ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 178.10 Td (conditions, public safety concerns or uncertainties regarding future economic prospects that af) Tj ET Q q 0 0 0 rg BT 426.41 178.10 Td (fect consumer spending habits ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 166.10 Td (could have a material adverse ef) Tj ET Q q 0 0 0 rg BT 178.42 166.10 Td (fect on consumer purchases of our products.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 145.10 Td (The loss of any of our license agreements, pursuant to which a number of our products are produced, may result in the loss ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 133.10 Td (of significant revenues and may adversely af) Tj ET Q q 0 0 0 rg BT 232.63 133.10 Td (fect our business.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 112.10 Td (A) Tj ET Q q 0 0 0 rg BT 80.17 112.10 Td ( significant portion of our sales and net income is, and is expected to continue to be, derived from the sales of products ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 100.10 Td (produced under license agreements with third parties. Under these license agreements, we generally have the right to produce, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 88.10 Td (market and distribute certain products utilizing the brand names of other companies. ) Tj ET Q q 0 0 0 rg BT 388.94 88.10 Td (W) Tj ET Q q 0 0 0 rg BT 397.58 88.10 Td (e sell products under certain licensed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 76.10 Td (brands, including, but not limited to, ) Tj ET Q q 0 0 0 rg BT 197.55 76.10 Td (ARMANI EXCHANGE, CHAPS, DIESEL, DKNY) Tj ET Q q 0 0 0 rg BT 404.87 76.10 Td (, EMPORIO ) Tj ET Q q 0 0 0 rg BT 456.82 76.10 Td (ARMANI, KA) Tj ET Q q 0 0 0 rg BT 515.72 76.10 Td (TE SP) Tj ET Q q 0 0 0 rg BT 540.64 76.10 Td (ADE ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 64.10 Td (NEW) Tj ET Q q 0 0 0 rg BT 72.09 64.10 Td ( ) Tj ET Q q 0 0 0 rg BT 74.22 64.10 Td (YORK, MARC JACOBS, MICHAEL) Tj ET Q q 0 0 0 rg BT 226.92 64.10 Td ( KORS and ) Tj ET Q q 0 0 0 rg BT 275.35 64.10 Td (T) Tj ET Q q 0 0 0 rg BT 281.28 64.10 Td (OR) Tj ET Q q 0 0 0 rg BT 294.62 64.10 Td (Y) Tj ET Q q 0 0 0 rg BT 301.47 64.10 Td ( BURCH. Sales of our licensed products amounted to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 52.10 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 109.76 52.10 Td (46.6%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 135.59 52.10 Td ( of our consolidated net sales for fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.47 52.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.47 52.10 Td (, including MICHAEL) Tj ET Q q 0 0 0 rg BT 422.92 52.10 Td ( KORS product sales, which ) Tj ET Q endstream endobj 29 0 obj <>] /Rotate 0 /Contents 30 0 R>> endobj 30 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.15 31.60 Td (1) Tj ET Q q 0 0 0 rg BT 305.78 31.60 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 742.10 Td (accounted for approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 166.95 742.10 Td (22.6%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 192.78 742.10 Td ( of our consolidated net sales, and product sales under the ) Tj ET Q q 0 0 0 rg BT 425.50 742.10 Td (ARMANI brands, which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 730.10 Td (accounted for approximately 14.7% of our consolidated net sales.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 709.10 Td (Our significant license agreements have various expiration dates between the years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.09 709.10 Td (2019 and 2028) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.53 709.10 Td (. In addition, many of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 697.10 Td (our license agreements require us to make minimum royalty payments, subject us to restrictive covenants or require us to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 685.10 Td (comply with certain other obligations and may be terminated by the licensor if these or other conditions are not met or upon ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 673.10 Td (certain events. For example, our license agreement with MICHAEL) Tj ET Q q 0 0 0 rg BT 320.71 673.10 Td ( KORS provides the licensor with a right to terminate some ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 661.10 Td (or all of the licensing rights if we fail to meet certain net sales thresholds for two consecutive years. For fiscal year 2018, we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 649.10 Td (met net sales thresholds for MICHAEL) Tj ET Q q 0 0 0 rg BT 206.60 649.10 Td ( KORS. If we are unable to achieve the minimum net sales thresholds, restrictive ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 637.10 Td (covenants and/or other obligations of a license in the future, we would need to seek a waiver of the non-compliance from the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 625.10 Td (applicable licensor or amend the agreement to modify the thresholds, covenants or obligations or face the possibility that the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 613.10 Td (licensor could terminate the license agreement before its expiration date. ) Tj ET Q q 0 0 0 rg BT 342.25 613.10 Td (Though waivers may be obtained for non-compliance, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 601.10 Td (we, or the licensor) Tj ET Q q 0 0 0 rg BT 122.96 601.10 Td (, may instead elect to modify or terminate the license agreement. For example, in 2018, we mutually agreed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 589.10 Td (with MARC JACOBS to an earlier termination date of our license agreement in 2019 from the original expiration date at the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 577.10 Td (end of 2020.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 556.10 Td (In addition, we may be unable to renew our existing license agreements beyond the current term or obtain new license ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 544.10 Td (agreements to replace any lost license agreements on similar economic terms or at all. ) Tj ET Q q 0 0 0 rg BT 395.58 544.10 Td (The failure by us to maintain or renew ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 532.10 Td (one or more of our existing license agreements could result in a significant decrease in our sales and have a material adverse ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 520.10 Td (ef) Tj ET Q q 0 0 0 rg BT 57.09 520.10 Td (fect on our results of operations. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 499.10 Td (Our ) Tj ET Q q 0 0 0 rg BT 69.83 499.10 Td (restructuring ) Tj ET Q q 0 0 0 rg BT 127.95 499.10 Td (program ) Tj ET Q q 0 0 0 rg BT 167.16 499.10 Td (may ) Tj ET Q q 0 0 0 rg BT 188.03 499.10 Td (not ) Tj ET Q q 0 0 0 rg BT 205.02 499.10 Td (be ) Tj ET Q q 0 0 0 rg BT 218.12 499.10 Td (successful ) Tj ET Q q 0 0 0 rg BT 263.99 499.10 Td (or ) Tj ET Q q 0 0 0 rg BT 276.54 499.10 Td (we ) Tj ET Q q 0 0 0 rg BT 291.30 499.10 Td (may ) Tj ET Q q 0 0 0 rg BT 312.17 499.10 Td (not ) Tj ET Q q 0 0 0 rg BT 329.16 499.10 Td (fully ) Tj ET Q q 0 0 0 rg BT 351.71 499.10 Td (realize ) Tj ET Q q 0 0 0 rg BT 382.58 499.10 Td (the ) Tj ET Q q 0 0 0 rg BT 399.01 499.10 Td (expected ) Tj ET Q q 0 0 0 rg BT 438.19 499.10 Td (cost ) Tj ET Q q 0 0 0 rg BT 457.96 499.10 Td (savings ) Tj ET Q q 0 0 0 rg BT 492.17 499.10 Td (and/or ) Tj ET Q q 0 0 0 rg BT 523.06 499.10 Td (operating ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 487.10 Td (ef) Tj ET Q q 0 0 0 rg BT 57.09 487.10 Td (ficiencies ) Tj ET Q q 0 0 0 rg BT 98.46 487.10 Td (from ) Tj ET Q q 0 0 0 rg BT 120.96 487.10 Td (our ) Tj ET Q q 0 0 0 rg BT 137.91 487.10 Td (restructuring ) Tj ET Q q 0 0 0 rg BT 194.88 487.10 Td (plans.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 463.10 Td (As we announced in the fourth quarter of fiscal 2016, we have implemented, and plan to continue to implement, a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 451.10 Td (restructuring plan to reinvent the Company) Tj ET Q q 0 0 0 rg BT 221.31 451.10 Td (, strengthen the foundation of the Company for the future and support long-term ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 439.10 Td (sales growth and profitability objectives. ) Tj ET Q q 0 0 0 rg BT 217.34 439.10 Td (The program is intended to touch all aspects of the business, enhance operating ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 427.10 Td (capabilities, create greater ef) Tj ET Q q 0 0 0 rg BT 164.24 427.10 Td (ficiencies and take advantage of the Company's considerable scale. ) Tj ET Q q 0 0 0 rg BT 437.14 427.10 Td (W) Tj ET Q q 0 0 0 rg BT 445.78 427.10 Td (e estimate our restructuring ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 415.10 Td (char) Tj ET Q q 0 0 0 rg BT 66.53 415.10 Td (ges in fiscal year 2019 will be approximately $50.0 million. During fiscal years 2018, 2017 and 2016, we recorded ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 415.10 Td ($46.6 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 403.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.39 403.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 83.39 403.10 Td ($48.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 137.28 403.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.72 403.10 Td ($27.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 210.61 403.10 Td ( of restructuring char) Tj ET Q q 0 0 0 rg BT 294.56 403.10 Td (ges, respectively) Tj ET Q q 0 0 0 rg BT 360.55 403.10 Td (. Restructuring plans present significant potential ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 391.10 Td (risks that may impair our ability to achieve anticipated operating enhancements and/or cost reductions, or otherwise harm our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 379.10 Td (business, including higher than anticipated costs in implementing our restructuring plan, management distraction and employee ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 367.10 Td (attrition in excess of headcount reductions. If this program is not successful, then our results of operations and financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 355.10 Td (condition could be materially adversely af) Tj ET Q q 0 0 0 rg BT 217.87 355.10 Td (fected.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 325.70 Td (Our Second ) Tj ET Q q 0 0 0 rg BT 100.80 325.70 Td (A&R Credit ) Tj ET Q q 0 0 0 rg BT 152.11 325.70 Td (Agreement subjects us to certain covenants.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 301.70 Td (On January29, 2018, the Company) Tj ET Q q 0 0 0 rg BT 217.77 301.70 Td (, as the U.S. borrower) Tj ET Q q 0 0 0 rg BT 304.85 301.70 Td (, Fossil Group Europe GMBH, a wholly-owned subsidiary of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 289.70 Td (the Company) Tj ET Q q 0 0 0 rg BT 102.45 289.70 Td (, as a non-U.S. borrower) Tj ET Q q 0 0 0 rg BT 200.09 289.70 Td (, and certain of the Company) Tj ET Q q 0 0 0 rg BT 318.94 289.70 Td (s foreign subsidiaries from time to time party thereto, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 277.70 Td (entered into a Second ) Tj ET Q q 0 0 0 rg BT 137.81 277.70 Td (Amended and Restated Credit ) Tj ET Q q 0 0 0 rg BT 260.00 277.70 Td (Agreement \(theSecond ) Tj ET Q q 0 0 0 rg BT 360.79 277.70 Td (A&R Credit ) Tj ET Q q 0 0 0 rg BT 411.91 277.70 Td (Agreement\) with certain lenders ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 265.70 Td (party thereto, ) Tj ET Q q 0 0 0 rg BT 105.13 265.70 Td (W) Tj ET Q q 0 0 0 rg BT 113.77 265.70 Td (ells Far) Tj ET Q q 0 0 0 rg BT 143.30 265.70 Td (go Bank, National ) Tj ET Q q 0 0 0 rg BT 218.29 265.70 Td (Association, as administrative agent and an issuing lender) Tj ET Q q 0 0 0 rg BT 449.50 265.70 Td (, Bank of ) Tj ET Q q 0 0 0 rg BT 488.39 265.70 Td (America, N.A. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 253.70 Td (and JPMor) Tj ET Q q 0 0 0 rg BT 92.93 253.70 Td (gan Chase Bank, N.A., as syndication agents, HSBC Bank USA, National ) Tj ET Q q 0 0 0 rg BT 390.96 253.70 Td (Association, Compass Bank and Fifth ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 241.70 Td (Third Bank, as documentation agents, and ) Tj ET Q q 0 0 0 rg BT 220.39 241.70 Td (W) Tj ET Q q 0 0 0 rg BT 229.03 241.70 Td (ells Far) Tj ET Q q 0 0 0 rg BT 258.56 241.70 Td (go Securities, LLC, Merrill L) Tj ET Q q 0 0 0 rg BT 375.76 241.70 Td (ynch, Pierce, Fenner & Smith Incorporated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 229.70 Td (and JPMor) Tj ET Q q 0 0 0 rg BT 92.93 229.70 Td (gan Chase Bank, N.A., as joint lead arrangers and joint bookrunners. ) Tj ET Q q 0 0 0 rg BT 372.96 229.70 Td (The Second ) Tj ET Q q 0 0 0 rg BT 422.40 229.70 Td (A&R Credit ) Tj ET Q q 0 0 0 rg BT 473.51 229.70 Td (Agreement subjects ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 217.70 Td (us to certain covenants, including that we maintain a specific consolidated leverage ratio. ) Tj ET Q q 0 0 0 rg BT 408.36 217.70 Td (These covenants may limit how we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 205.70 Td (are able to conduct our business. ) Tj ET Q q 0 0 0 rg BT 182.34 205.70 Td (The terms of any future indebtedness that we incur could include more restrictive covenants or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 193.70 Td (ratios. ) Tj ET Q q 0 0 0 rg BT 76.54 193.70 Td (W) Tj ET Q q 0 0 0 rg BT 85.17 193.70 Td (e cannot assure you that we will be able to maintain compliance with these covenants in the future and, if we fail to do ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 181.70 Td (so, that we will be able to obtain waivers from the lenders and/or amend the covenants. Our failure to comply with any such ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 169.70 Td (covenants could result in an event of default, which, if not cured or waived, could result in our being required to repay those ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 157.70 Td (borrowings before their maturity) Tj ET Q q 0 0 0 rg BT 179.65 157.70 Td (. If we are forced to refinance those borrowings on less favorable terms, our results of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 145.70 Td (operations and financial condition could be adversely af) Tj ET Q q 0 0 0 rg BT 273.41 145.70 Td (fected.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 116.30 Td (W) Tj ET Q q 0 0 0 rg BT 57.65 116.30 Td (e have recorded impairment charges in the past and may record impairment charges in the future.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 92.30 Td (W) Tj ET Q q 0 0 0 rg BT 85.14 92.30 Td (e are required, at least annually) Tj ET Q q 0 0 0 rg BT 209.42 92.30 Td (, or as facts and circumstances warrant, to test trade names to determine if impairment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 80.30 Td (has occurred. ) Tj ET Q q 0 0 0 rg BT 105.13 80.30 Td (W) Tj ET Q q 0 0 0 rg BT 113.76 80.30 Td (e are also required to test property plant and equipment and other long lived assets for impairment as facts and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 68.30 Td (circumstances warrant. Impairment may result from any number of factors, including adverse changes in assumptions used for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 56.30 Td (valuation purposes, such as actual or projected net sales, growth rates, profitability or discount rates, or other variables. If the ) Tj ET Q endstream endobj 31 0 obj <>] /Rotate 0 /Contents 32 0 R>> endobj 32 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 742.10 Td (testing indicates that impairment has occurred, we are required to record a non-cash impairment char) Tj ET Q q 0 0 0 rg BT 452.77 742.10 Td (ge. Should the value of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 730.10 Td (trade names, property plant and equipment and other long lived assets become impaired, it would have an adverse ef) Tj ET Q q 0 0 0 rg BT 515.28 730.10 Td (fect on our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 718.10 Td (results of operations. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 694.10 Td (Our inability to ef) Tj ET Q q 0 0 0 rg BT 122.93 694.10 Td (fectively manage our retail store operations could adversely af) Tj ET Q q 0 0 0 rg BT 378.27 694.10 Td (fect our results of operations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 670.10 Td (During fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 148.19 670.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 168.19 670.10 Td (, our global comparable retail store sales decreased 2% as sales shifted to other channels, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 658.10 Td (including our own e-commerce sales channel, which increased 16%. During fiscal year 2019, we intend to open approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 646.10 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.50 646.10 Td ( new stores globally and close approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 242.51 646.10 Td (30) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 252.51 646.10 Td ( stores, depending on lease negotiations. ) Tj ET Q q 0 0 0 rg BT 416.18 646.10 Td (The success of our retail business ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 634.10 Td (depends, in part, on our ability to open new profitable stores, close low performing stores and renew our existing store leases on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 622.10 Td (terms that meet our financial tar) Tj ET Q q 0 0 0 rg BT 177.32 622.10 Td (gets. Our ability to open new stores on schedule or at all, to close low performing stores and to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 610.10 Td (renew existing store leases on favorable terms or to operate them on a profitable basis will depend on various factors, including ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 598.10 Td (our ability to:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 577.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 577.10 Td (identify suitable markets for new stores and available store locations;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 556.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 556.10 Td (negotiate acceptable lease terms for new locations or renewal terms for existing locations;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 535.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 535.10 Td (hire and train qualified sales associates;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 514.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 514.10 Td (develop new merchandise and manage inventory ef) Tj ET Q q 0 0 0 rg BT 290.79 514.10 Td (fectively to meet the needs of new and existing stores on a timely ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 502.10 Td (basis;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 481.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 481.10 Td (maintain favorable relationships with major developers and other landlords; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 460.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 460.10 Td (avoid construction delays and cost overruns in connection with the build-out of new stores.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 439.10 Td (Our plans to manage our store base may not be successful and the opening of new stores may not result in an increase in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 427.10 Td (our net sales even though they increase our costs. Our inability to ef) Tj ET Q q 0 0 0 rg BT 321.19 427.10 Td (fectively manage our retail store base could have a material ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 415.10 Td (adverse ef) Tj ET Q q 0 0 0 rg BT 90.13 415.10 Td (fect on the amount of net sales we generate and on our financial condition and results of operations.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 394.10 Td (New technologies could render our wearable technology obsolete. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 373.10 Td (New developments in technology may negatively af) Tj ET Q q 0 0 0 rg BT 280.09 373.10 Td (fect the development or sale of our wearable technology or make such ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 361.10 Td (products obsolete. Our inability to enhance our existing wearable technology in a timely manner or to develop and introduce ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 349.10 Td (new products that incorporate new technologies and achieve market acceptance in a timely manner could negatively impact our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 337.10 Td (competitive position, which could have a material adverse ef) Tj ET Q q 0 0 0 rg BT 292.29 337.10 Td (fect on our business or results of operations. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 316.10 Td (Increased competition from online only retailers and a highly promotional retail environment may increase pressure on our ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 304.10 Td (margins.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 283.10 Td (The ) Tj ET Q q 0 0 0 rg BT 93.86 283.10 Td (continued ) Tj ET Q q 0 0 0 rg BT 135.10 283.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 169.67 283.10 Td (in ) Tj ET Q q 0 0 0 rg BT 179.26 283.10 Td (e-commerce ) Tj ET Q q 0 0 0 rg BT 230.48 283.10 Td (competitors ) Tj ET Q q 0 0 0 rg BT 279.50 283.10 Td (for ) Tj ET Q q 0 0 0 rg BT 292.97 283.10 Td (retail ) Tj ET Q q 0 0 0 rg BT 315.33 283.10 Td (sales ) Tj ET Q q 0 0 0 rg BT 336.58 283.10 Td (and ) Tj ET Q q 0 0 0 rg BT 352.83 283.10 Td (slowing ) Tj ET Q q 0 0 0 rg BT 386.31 283.10 Td (mall ) Tj ET Q q 0 0 0 rg BT 405.89 283.10 Td (traf) Tj ET Q q 0 0 0 rg BT 419.59 283.10 Td (fic ) Tj ET Q q 0 0 0 rg BT 431.95 283.10 Td (has ) Tj ET Q q 0 0 0 rg BT 447.09 283.10 Td (resulted ) Tj ET Q q 0 0 0 rg BT 480.56 283.10 Td (in ) Tj ET Q q 0 0 0 rg BT 490.15 283.10 Td (significant ) Tj ET Q q 0 0 0 rg BT 534.17 283.10 Td (pricing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 271.10 Td (pressure ) Tj ET Q q 0 0 0 rg BT 84.69 271.10 Td (and ) Tj ET Q q 0 0 0 rg BT 101.01 271.10 Td (a ) Tj ET Q q 0 0 0 rg BT 107.32 271.10 Td (highly ) Tj ET Q q 0 0 0 rg BT 134.75 271.10 Td (promotional ) Tj ET Q q 0 0 0 rg BT 185.51 271.10 Td (retail ) Tj ET Q q 0 0 0 rg BT 207.92 271.10 Td (environment. ) Tj ET Q q 0 0 0 rg BT 262.84 271.10 Td ( ) Tj ET Q q 0 0 0 rg BT 264.71 271.10 Td (In ) Tj ET Q q 0 0 0 rg BT 274.92 271.10 Td (addition, ) Tj ET Q q 0 0 0 rg BT 312.06 271.10 Td (the ) Tj ET Q q 0 0 0 rg BT 326.15 271.10 Td (traditional ) Tj ET Q q 0 0 0 rg BT 369.13 271.10 Td (watch ) Tj ET Q q 0 0 0 rg BT 394.88 271.10 Td (market ) Tj ET Q q 0 0 0 rg BT 424.52 271.10 Td (has ) Tj ET Q q 0 0 0 rg BT 439.72 271.10 Td (declined ) Tj ET Q q 0 0 0 rg BT 475.47 271.10 Td (in ) Tj ET Q q 0 0 0 rg BT 485.12 271.10 Td (recent ) Tj ET Q q 0 0 0 rg BT 511.42 271.10 Td (years. ) Tj ET Q q 0 0 0 rg BT 536.89 271.10 Td ( ) Tj ET Q q 0 0 0 rg BT 538.63 271.10 Td (These ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 259.10 Td (factors ) Tj ET Q q 0 0 0 rg BT 79.47 259.10 Td (may ) Tj ET Q q 0 0 0 rg BT 99.46 259.10 Td (cause ) Tj ET Q q 0 0 0 rg BT 124.43 259.10 Td (us ) Tj ET Q q 0 0 0 rg BT 136.09 259.10 Td (to ) Tj ET Q q 0 0 0 rg BT 146.63 259.10 Td (reduce ) Tj ET Q q 0 0 0 rg BT 176.04 259.10 Td (our ) Tj ET Q q 0 0 0 rg BT 192.14 259.10 Td (sales ) Tj ET Q q 0 0 0 rg BT 214.34 259.10 Td (prices ) Tj ET Q q 0 0 0 rg BT 240.99 259.10 Td (to ) Tj ET Q q 0 0 0 rg BT 251.53 259.10 Td (retailers ) Tj ET Q q 0 0 0 rg BT 286.50 259.10 Td (and ) Tj ET Q q 0 0 0 rg BT 303.70 259.10 Td (consumers, ) Tj ET Q q 0 0 0 rg BT 351.74 259.10 Td (which ) Tj ET Q q 0 0 0 rg BT 378.94 259.10 Td (could ) Tj ET Q q 0 0 0 rg BT 403.93 259.10 Td (cause ) Tj ET Q q 0 0 0 rg BT 428.90 259.10 Td (our ) Tj ET Q q 0 0 0 rg BT 445.00 259.10 Td (gross ) Tj ET Q q 0 0 0 rg BT 468.88 259.10 Td (mar) Tj ET Q q 0 0 0 rg BT 484.24 259.10 Td (gin ) Tj ET Q q 0 0 0 rg BT 499.79 259.10 Td (to ) Tj ET Q q 0 0 0 rg BT 510.33 259.10 Td (decline ) Tj ET Q q 0 0 0 rg BT 541.97 259.10 Td (if ) Tj ET Q q 0 0 0 rg BT 550.84 259.10 Td (we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 247.10 Td (are ) Tj ET Q q 0 0 0 rg BT 64.49 247.10 Td (unable ) Tj ET Q q 0 0 0 rg BT 93.92 247.10 Td (to ) Tj ET Q q 0 0 0 rg BT 104.48 247.10 Td (appropriately ) Tj ET Q q 0 0 0 rg BT 160.57 247.10 Td (manage ) Tj ET Q q 0 0 0 rg BT 194.44 247.10 Td (inventory ) Tj ET Q q 0 0 0 rg BT 235.55 247.10 Td (levels ) Tj ET Q q 0 0 0 rg BT 261.65 247.10 Td (and/or ) Tj ET Q q 0 0 0 rg BT 289.98 247.10 Td (otherwise ) Tj ET Q q 0 0 0 rg BT 331.64 247.10 Td (of) Tj ET Q q 0 0 0 rg BT 339.79 247.10 Td (fset ) Tj ET Q q 0 0 0 rg BT 357.00 247.10 Td (price ) Tj ET Q q 0 0 0 rg BT 379.77 247.10 Td (reductions ) Tj ET Q q 0 0 0 rg BT 424.21 247.10 Td (with ) Tj ET Q q 0 0 0 rg BT 444.76 247.10 Td (comparable ) Tj ET Q q 0 0 0 rg BT 494.18 247.10 Td (reductions ) Tj ET Q q 0 0 0 rg BT 538.62 247.10 Td (in ) Tj ET Q q 0 0 0 rg BT 549.18 247.10 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 235.10 Td (costs. ) Tj ET Q q 0 0 0 rg BT 74.70 235.10 Td (If ) Tj ET Q q 0 0 0 rg BT 84.05 235.10 Td (our ) Tj ET Q q 0 0 0 rg BT 100.08 235.10 Td (sales ) Tj ET Q q 0 0 0 rg BT 122.21 235.10 Td (prices ) Tj ET Q q 0 0 0 rg BT 148.78 235.10 Td (decline ) Tj ET Q q 0 0 0 rg BT 180.35 235.10 Td (and ) Tj ET Q q 0 0 0 rg BT 197.48 235.10 Td (we ) Tj ET Q q 0 0 0 rg BT 211.84 235.10 Td (fail ) Tj ET Q q 0 0 0 rg BT 227.86 235.10 Td (to ) Tj ET Q q 0 0 0 rg BT 238.33 235.10 Td (suf) Tj ET Q q 0 0 0 rg BT 250.37 235.10 Td (ficiently ) Tj ET Q q 0 0 0 rg BT 286.39 235.10 Td (reduce ) Tj ET Q q 0 0 0 rg BT 315.73 235.10 Td (our ) Tj ET Q q 0 0 0 rg BT 331.76 235.10 Td (product ) Tj ET Q q 0 0 0 rg BT 365.00 235.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 387.69 235.10 Td (or ) Tj ET Q q 0 0 0 rg BT 398.72 235.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 439.18 235.10 Td (expenses, ) Tj ET Q q 0 0 0 rg BT 480.47 235.10 Td (our ) Tj ET Q q 0 0 0 rg BT 496.50 235.10 Td (profitability ) Tj ET Q q 0 0 0 rg BT 546.96 235.10 Td (will ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 223.10 Td (decline. ) Tj ET Q q 0 0 0 rg BT 83.19 223.10 Td (This ) Tj ET Q q 0 0 0 rg BT 103.47 223.10 Td (could ) Tj ET Q q 0 0 0 rg BT 128.19 223.10 Td (have ) Tj ET Q q 0 0 0 rg BT 149.56 223.10 Td (a ) Tj ET Q q 0 0 0 rg BT 156.50 223.10 Td (material ) Tj ET Q q 0 0 0 rg BT 191.76 223.10 Td (adverse ) Tj ET Q q 0 0 0 rg BT 224.80 223.10 Td (ef) Tj ET Q q 0 0 0 rg BT 232.39 223.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 249.87 223.10 Td (on ) Tj ET Q q 0 0 0 rg BT 262.37 223.10 Td (our ) Tj ET Q q 0 0 0 rg BT 278.20 223.10 Td (business, ) Tj ET Q q 0 0 0 rg BT 317.09 223.10 Td (results ) Tj ET Q q 0 0 0 rg BT 345.70 223.10 Td (of ) Tj ET Q q 0 0 0 rg BT 356.53 223.10 Td (operations, ) Tj ET Q q 0 0 0 rg BT 403.19 223.10 Td (and ) Tj ET Q q 0 0 0 rg BT 420.13 223.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 457.61 223.10 Td (condition. ) Tj ET Q endstream endobj 33 0 obj <>] /Rotate 0 /Contents 34 0 R>> endobj 34 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (13) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 742.25 Td (Certain key components in our products come from limited sources of supply) Tj ET Q q 0 0 0 rg BT 365.53 742.25 Td (, which exposes us to potential supply shortages ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 730.25 Td (that could disrupt the manufacture and sale of our products.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 709.25 Td (W) Tj ET Q q 0 0 0 rg BT 82.14 709.25 Td (e and our contract manufacturers currently purchase a number of key components used to manufacture our products ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 697.25 Td (from limited sources of supply for which alternative sources may not be readily available. ) Tj ET Q q 0 0 0 rg BT 410.78 697.25 Td (Any interruption or delay in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 685.25 Td (supply of any of these components could significantly harm our ability to meet scheduled product deliveries to our customers ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 673.25 Td (and cause us to lose sales. Interruptions or delays in supply may be caused by a number of factors that are outside of our and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 661.25 Td (our contract or manufacturers' control. In addition, the purchase of these components on a limited source basis subjects us to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 649.25 Td (risks of price increases and potential quality assurance problems. ) Tj ET Q q 0 0 0 rg BT 311.09 649.25 Td (An increase in the cost of components could make our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 637.25 Td (products less competitive and result in lower gross mar) Tj ET Q q 0 0 0 rg BT 269.83 637.25 Td (gins. In the event that we can no longer obtain materials from these ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 625.25 Td (limited sources of supply) Tj ET Q q 0 0 0 rg BT 149.67 625.25 Td (, we might not be able to qualify or identify alternative suppliers in a timely fashion. ) Tj ET Q q 0 0 0 rg BT 489.04 625.25 Td (Any extended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 613.25 Td (interruption in the supply of any of the key components currently obtained from a limited source or delay in transitioning to a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 601.25 Td (replacement supplier could disrupt our operations and significantly harm our business in any given period. If our supply of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 589.25 Td (certain components is disrupted, our lead times are extended or the cost of our components increases, our business, operating ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 577.25 Td (results and financial condition could be materially af) Tj ET Q q 0 0 0 rg BT 260.08 577.25 Td (fected.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 556.25 Td (The loss of key senior management personnel could negatively af) Tj ET Q q 0 0 0 rg BT 317.91 556.25 Td (fect our business.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 535.25 Td (W) Tj ET Q q 0 0 0 rg BT 82.14 535.25 Td (e depend on our senior management and other key personnel, particularly Kosta N. Kartsotis, our Chief Executive ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 523.25 Td (Of) Tj ET Q q 0 0 0 rg BT 59.87 523.25 Td (ficer \("CEO"\) and Chairman. ) Tj ET Q q 0 0 0 rg BT 179.20 523.25 Td (W) Tj ET Q q 0 0 0 rg BT 187.84 523.25 Td (e do not have "key person" life insurance policies for any of our personnel. ) Tj ET Q q 0 0 0 rg BT 489.90 523.25 Td (The loss of any of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 511.25 Td (our executive of) Tj ET Q q 0 0 0 rg BT 114.29 511.25 Td (ficers or other key employees could harm our business.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 490.25 Td (A) Tj ET Q q 0 0 0 rg BT 55.62 490.25 Td ( data security or privacy breach could damage our reputation, harm our customer relationships, expose us to litigation or ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 478.25 Td (government actions, and result in a material adverse ef) Tj ET Q q 0 0 0 rg BT 275.71 478.25 Td (fect to our business, financial condition and results of operations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 457.25 Td (W) Tj ET Q q 0 0 0 rg BT 82.14 457.25 Td (e depend on information technology systems, the Internet and computer networks for a substantial portion of our retail ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 445.25 Td (and e-commerce businesses, including credit card transaction authorization and processing. ) Tj ET Q q 0 0 0 rg BT 416.97 445.25 Td (W) Tj ET Q q 0 0 0 rg BT 425.61 445.25 Td (e also receive and store personal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 433.25 Td (information about our customers and employees, the protection of which is critical to us. In the normal course of our business, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 421.25 Td (we collect, retain, and transmit certain sensitive and confidential customer information, including credit card information, over ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 409.25 Td (public networks. Our customers have a high expectation that we will adequately protect their personal information. In addition, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 397.25 Td (personal information is highly regulated at the international, federal and state level.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 376.25 Td (Despite the security measures we currently have in place, our facilities and systems and those of our third party service ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 364.25 Td (providers may be vulnerable to theft of physical information, security breaches, hacking attempts, computer viruses and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 352.25 Td (malware, lost data and programming and/or human errors. ) Tj ET Q q 0 0 0 rg BT 284.43 352.25 Td (Any electronic or physical security breach involving the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 340.25 Td (misappropriation, loss, or other unauthorized disclosure of confidential or personally identifiable information, including ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 328.25 Td (penetration of our network security or those of our third party service providers, could disrupt our business, severely damage ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 316.25 Td (our reputation and our customer relationships, expose us to litigation and liability) Tj ET Q q 0 0 0 rg BT 374.34 316.25 Td (, subject us to governmental investigations, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 304.25 Td (fines and enforcement actions, result in negative media coverage and distraction to management and result in a material adverse ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 292.25 Td (ef) Tj ET Q q 0 0 0 rg BT 57.09 292.25 Td (fect to our business, financial condition, and results of operations. In addition, as a result of security breaches at a number of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 280.25 Td (prominent retailers and other companies, the media and public scrutiny of information security and privacy has become more ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 268.25 Td (intense and the regulatory environment related thereto has become more uncertain. ) Tj ET Q q 0 0 0 rg BT 382.70 268.25 Td (As a result, we may incur significant costs in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 256.25 Td (complying with new and existing state, federal, and foreign laws regarding protection of, and unauthorized disclosure of, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 244.25 Td (personal information.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 223.25 Td (W) Tj ET Q q 0 0 0 rg BT 57.65 223.25 Td (e are subject to laws and regulations in the U.S. and the many countries in which we operate. V) Tj ET Q q 0 0 0 rg BT 449.65 223.25 Td (iolations of laws and ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 211.25 Td (regulations, or changes to existing laws or regulations, could have a material adverse ef) Tj ET Q q 0 0 0 rg BT 410.73 211.25 Td (fect on our financial condition or ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 199.25 Td (results of operations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 178.25 Td (Our operations are subject to domestic and international laws and regulations in a number of areas, including, but not ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 166.25 Td (limited to, labor) Tj ET Q q 0 0 0 rg BT 113.25 166.25 Td (, advertising, consumer protection, real estate, product safety) Tj ET Q q 0 0 0 rg BT 356.13 166.25 Td (, e-commerce, promotions, intellectual property) Tj ET Q q 0 0 0 rg BT 546.25 166.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 154.25 Td (tax, import and export, anti-corruption, anti-bribery) Tj ET Q q 0 0 0 rg BT 254.90 154.25 Td (, foreign exchange controls and cash repatriation, data privacy) Tj ET Q q 0 0 0 rg BT 503.04 154.25 Td (, anti-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 142.25 Td (competition, environmental, health and safety) Tj ET Q q 0 0 0 rg BT 232.13 142.25 Td (. Compliance with these numerous laws and regulations is complicated, time ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 130.25 Td (consuming and expensive, and the laws and regulations may be inconsistent from jurisdiction to jurisdiction, further increasing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 118.25 Td (the dif) Tj ET Q q 0 0 0 rg BT 75.14 118.25 Td (ficulty and cost to comply with them. New laws and regulations, or changes to existing laws and regulations, could ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 106.25 Td (individually or in the aggregate make our products more costly to produce, delay the introduction of new products in one or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 94.25 Td (more regions, cause us to change or limit our business practices, or af) Tj ET Q q 0 0 0 rg BT 327.57 94.25 Td (fect our financial condition and results of operations. ) Tj ET Q q 0 0 0 rg BT 541.49 94.25 Td (W) Tj ET Q q 0 0 0 rg BT 550.13 94.25 Td (e ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 82.25 Td (have implemented policies and procedures designed to ensure compliance with the numerous laws and regulations af) Tj ET Q q 0 0 0 rg BT 517.23 82.25 Td (fecting our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 70.25 Td (business, but there can be no assurance that our employees, contractors, or agents will not violate such laws, regulations or our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 58.25 Td (policies related thereto. ) Tj ET Q q 0 0 0 rg BT 145.02 58.25 Td (Any such violations could have a material adverse ef) Tj ET Q q 0 0 0 rg BT 356.43 58.25 Td (fect on our financial condition or operating results.) Tj ET Q endstream endobj 35 0 obj <>] /Rotate 0 /Contents 36 0 R>> endobj 36 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (14) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 742.25 Td (Reduced lending by banks could have a negative impact on our customers, suppliers and business partners, which in turn ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 730.25 Td (could materially and adversely af) Tj ET Q q 0 0 0 rg BT 185.96 730.25 Td (fect our financial condition, results of operations and liquidity) Tj ET Q q 0 0 0 rg BT 442.01 730.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 709.25 Td (Any reduction in lending by banks may have a significant negative impact on businesses around the world. ) Tj ET Q q 0 0 0 rg BT 503.40 709.25 Td (Although we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 697.25 Td (believe that our cash provided by operations and available borrowing capacity under our credit facilities currently provide us ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 685.25 Td (with suf) Tj ET Q q 0 0 0 rg BT 81.82 685.25 Td (ficient liquidity) Tj ET Q q 0 0 0 rg BT 143.10 685.25 Td (, the impact of reduced lending on our customers, business partners and suppliers cannot be predicted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 673.25 Td (and may be quite severe. ) Tj ET Q q 0 0 0 rg BT 150.57 673.25 Td (A) Tj ET Q q 0 0 0 rg BT 157.24 673.25 Td ( disruption in the ability of our significant customers or distributors to access liquidity could cause ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 661.25 Td (serious disruptions or an overall deterioration of their businesses, which could lead to a significant reduction in their future ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 649.25 Td (orders of our products and the inability or failure on their part to meet their payment obligations to us, any of which could have ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 637.25 Td (a material adverse ef) Tj ET Q q 0 0 0 rg BT 132.32 637.25 Td (fect on our financial condition, results of operations and liquidity) Tj ET Q q 0 0 0 rg BT 392.17 637.25 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 616.25 Td (Seasonality of our business may adversely af) Tj ET Q q 0 0 0 rg BT 233.21 616.25 Td (fect our net sales and operating income.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 595.25 Td (Our quarterly results of operations have fluctuated in the past and may continue to fluctuate as a result of a number of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 583.25 Td (factors, including seasonal cycles, timing of new product introductions, timing of orders by our customers and mix of product ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 571.25 Td (sales demand. Our business is seasonal by nature. ) Tj ET Q q 0 0 0 rg BT 250.02 571.25 Td (A) Tj ET Q q 0 0 0 rg BT 256.69 571.25 Td ( significant portion of our net sales and operating income are generated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 559.25 Td (during the third and fourth quarters of our fiscal year) Tj ET Q q 0 0 0 rg BT 260.42 559.25 Td (, which includes the "back to school" and holiday seasons. ) Tj ET Q q 0 0 0 rg BT 496.13 559.25 Td (The amount of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 547.25 Td (net sales and operating income generated during our fiscal fourth quarter depends upon the anticipated level of retail sales ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 535.25 Td (during the holiday season, as well as general economic conditions and other factors beyond our control. In addition, the amount ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 523.25 Td (of net sales and operating income generated during our fiscal first quarter depends in part upon the actual level of retail sales ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 511.25 Td (during the holiday season. ) Tj ET Q q 0 0 0 rg BT 156.80 511.25 Td (The seasonality of our business may adversely af) Tj ET Q q 0 0 0 rg BT 352.95 511.25 Td (fect our net sales and operating income during the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 499.25 Td (first and fourth quarters of our fiscal year) Tj ET Q q 0 0 0 rg BT 214.16 499.25 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 478.25 Td (The amount of traf) Tj ET Q q 0 0 0 rg BT 127.94 478.25 Td (fic to our retail stores depends heavily on the success of the) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.54 478.25 Td () Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 374.04 478.25 Td (shopping malls and retail centers in which ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 466.25 Td (our stores are located.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 442.25 Td (There continues to be a significant decrease in traf) Tj ET Q q 0 0 0 rg BT 273.40 442.25 Td (fic in many of the shopping malls and retail centers in which our stores ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 430.25 Td (are located, which has resulted in decreased traf) Tj ET Q q 0 0 0 rg BT 240.89 430.25 Td (fic to our stores. ) Tj ET Q q 0 0 0 rg BT 310.70 430.25 Td (The resulting decrease in customers for our retail stores has ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 418.25 Td (had an adverse ef) Tj ET Q q 0 0 0 rg BT 119.00 418.25 Td (fect on our results of operations. ) Tj ET Q q 0 0 0 rg BT 255.36 418.25 Td (Additionally) Tj ET Q q 0 0 0 rg BT 305.26 418.25 Td (, several national department store anchors have closed or will ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 406.25 Td (be closing a number of their locations in shopping malls, which is likely to further decrease traf) Tj ET Q q 0 0 0 rg BT 431.16 406.25 Td (fic and put increasing financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 394.25 Td (strain on the operators of those shopping mall locations. ) Tj ET Q q 0 0 0 rg BT 278.45 394.25 Td (The loss of an anchor or other significant tenant in a shopping mall in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 382.25 Td (which we have a store, or the closure of a significant number of shopping malls in which we have stores, may have a material ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 370.25 Td (adverse ef) Tj ET Q q 0 0 0 rg BT 90.13 370.25 Td (fect on our results of operations.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 346.25 Td (W) Tj ET Q q 0 0 0 rg BT 57.65 346.25 Td (e have key facilities in the U.S. and overseas, the loss or shut down of any of which could harm our business.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 325.25 Td (Our administrative, information technology and distribution operations in the U.S. are conducted primarily from two ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 313.25 Td (separate facilities located in the Dallas, ) Tj ET Q q 0 0 0 rg BT 208.42 313.25 Td (T) Tj ET Q q 0 0 0 rg BT 213.83 313.25 Td (exas area. Our operations internationally are conducted from various administrative, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 301.25 Td (distribution and assembly facilities outside of the U.S., particularly in China, Germany) Tj ET Q q 0 0 0 rg BT 395.73 301.25 Td (, Hong Kong, Switzerland and ) Tj ET Q q 0 0 0 rg BT 519.69 301.25 Td (V) Tj ET Q q 0 0 0 rg BT 526.31 301.25 Td (ietnam. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 289.25 Td (The complete or temporary loss of use of all or part of these facilities could have a material adverse ef) Tj ET Q q 0 0 0 rg BT 457.77 289.25 Td (fect on our business.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 268.25 Td (Our warehouse and distribution facilities in the Dallas, ) Tj ET Q q 0 0 0 rg BT 294.65 268.25 Td (T) Tj ET Q q 0 0 0 rg BT 300.06 268.25 Td (exas area are operated in a special purpose sub-zone established ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 256.25 Td (by the U.S. Department of Commerce Foreign ) Tj ET Q q 0 0 0 rg BT 237.33 256.25 Td (T) Tj ET Q q 0 0 0 rg BT 243.09 256.25 Td (rade Zone Board. ) Tj ET Q q 0 0 0 rg BT 314.73 256.25 Td (Although the sub-zone allows us certain tax advantages, the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 244.25 Td (sub-zone is highly regulated by the U.S. Customs Service. ) Tj ET Q q 0 0 0 rg BT 284.84 244.25 Td (This level of regulation may cause disruptions or delays in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 232.25 Td (distribution of our products out of these facilities. Under some circumstances, the U.S. Customs Service has the right to shut ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 220.25 Td (down the entire sub-zone and, therefore, our entire warehouse and distribution facilities. During the time that the sub-zone is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 208.25 Td (shut down, we may be unable to adequately meet the supply requests of our customers and our Company-owned retail stores, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 196.25 Td (which could have an adverse ef) Tj ET Q q 0 0 0 rg BT 175.10 196.25 Td (fect on our sales, relationships with our customers, and results of operations, especially if the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 184.25 Td (shutdown were to occur during our third or fourth quarter) Tj ET Q q 0 0 0 rg BT 279.16 184.25 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 163.25 Td (Our ability to grow our sales is dependent upon the implementation of our business strategy) Tj ET Q q 0 0 0 rg BT 426.40 163.25 Td (, which we may not be able to ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 151.25 Td (achieve.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 130.25 Td (Our ability to grow our sales is dependent on the successful implementation of our business strategy) Tj ET Q q 0 0 0 rg BT 473.60 130.25 Td (. ) Tj ET Q q 0 0 0 rg BT 478.42 130.25 Td (This includes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 118.25 Td (diversification and innovation of our product of) Tj ET Q q 0 0 0 rg BT 239.83 118.25 Td (ferings, continuing to develop wearable technology) Tj ET Q q 0 0 0 rg BT 444.67 118.25 Td (, improving our omni-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 106.25 Td (channel capabilities and strategic acquisitions. If we are not successful in the expansion or development of our product ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 94.25 Td (of) Tj ET Q q 0 0 0 rg BT 57.65 94.25 Td (ferings or our new products are not profitable or do not generate sales comparable to those of our existing businesses, our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 82.25 Td (results of operations could be negatively impacted. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 61.25 Td (W) Tj ET Q q 0 0 0 rg BT 82.14 61.25 Td (e also operate FOSSIL) Tj ET Q q 0 0 0 rg BT 172.58 61.25 Td ( brand stores and other non-FOSSIL) Tj ET Q q 0 0 0 rg BT 317.47 61.25 Td ( branded stores globally to further strengthen our brand ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 49.25 Td (image. ) Tj ET Q q 0 0 0 rg BT 78.38 49.25 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 102.83 49.25 Td (December29, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 181.41 49.25 Td (, we operated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.49 49.25 Td (484) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 252.49 49.25 Td ( stores worldwide. ) Tj ET Q q 0 0 0 rg BT 328.41 49.25 Td (The costs associated with leasehold improvements to ) Tj ET Q endstream endobj 37 0 obj <>] /Rotate 0 /Contents 38 0 R>> endobj 38 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 742.10 Td (current stores and the costs associated with opening new stores and closing low performing stores could materially increase our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 730.10 Td (costs of operation.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 709.10 Td (Our business could be harmed if we fail to maintain proper inventory levels.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 688.10 Td (W) Tj ET Q q 0 0 0 rg BT 82.14 688.10 Td (e maintain an inventory of selected products that we anticipate will be in high demand. ) Tj ET Q q 0 0 0 rg BT 431.85 688.10 Td (W) Tj ET Q q 0 0 0 rg BT 440.49 688.10 Td (e may be unable to sell the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 676.10 Td (products we have ordered in advance from manufacturers or that we have in our inventory) Tj ET Q q 0 0 0 rg BT 409.82 676.10 Td (. Inventory levels in excess of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 664.10 Td (customer demand may result in inventory write-downs or the sale of excess inventory at prices below our standard levels. ) Tj ET Q q 0 0 0 rg BT 538.07 664.10 Td (These ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 652.10 Td (events could significantly harm our operating results and impair the image of our brands. Conversely) Tj ET Q q 0 0 0 rg BT 452.91 652.10 Td (, if we underestimate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 640.10 Td (consumer demand for our products or if our manufacturers fail to supply quality products in a timely manner) Tj ET Q q 0 0 0 rg BT 484.26 640.10 Td (, we may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 628.10 Td (experience inventory shortages, which might result in unfilled orders, negatively impact customer relationships, diminish brand ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 616.10 Td (loyalty and result in lost revenues, any of which could harm our business.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 595.10 Td (Our license agreements may require minimum royalty commitments regardless of the level of product sales under these ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 583.10 Td (agreements.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 562.10 Td (Under our license agreements, we have in the past experienced, and could again in the future experience, instances where ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 550.10 Td (our minimum royalty commitments exceeded the royalties payable based upon our sales of the licensed products. Payments of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 538.10 Td (minimum royalties in excess of the royalties based on our sales of the licensed products reduce our mar) Tj ET Q q 0 0 0 rg BT 462.81 538.10 Td (gins and could adversely ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 526.10 Td (af) Tj ET Q q 0 0 0 rg BT 57.09 526.10 Td (fect our results of operations.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 505.10 Td (Fluctuations in the price, availability and quality of raw materials could cause delays and increase costs.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 484.10 Td (Fluctuations in the price, availability and quality of the raw materials used in our products could have a material adverse ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 472.10 Td (ef) Tj ET Q q 0 0 0 rg BT 57.09 472.10 Td (fect on our cost of sales or ability to meet our customers' demands. ) Tj ET Q q 0 0 0 rg BT 326.42 472.10 Td (The price and availability of such raw materials may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 460.10 Td (fluctuate significantly) Tj ET Q q 0 0 0 rg BT 136.32 460.10 Td (, depending on many factors, including natural resources, increased freight costs, increased labor costs, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 448.10 Td (especially in China, and weather conditions. In the future, we may not be able to pass on all, or a portion of, such higher raw ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 436.10 Td (materials prices to our customers.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 415.10 Td (W) Tj ET Q q 0 0 0 rg BT 57.65 415.10 Td (e rely on third-party assembly factories and manufacturers and problems with, or loss of, our assembly factories or ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 403.10 Td (manufacturing sources could harm our business and results of operations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 382.10 Td (A) Tj ET Q q 0 0 0 rg BT 80.17 382.10 Td ( substantial percentage of our watch and jewelry products are currently assembled or manufactured to our specifications ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 370.10 Td (by our majority-owned entities in China, with the remainder assembled or manufactured by independent entities. ) Tj ET Q q 0 0 0 rg BT 502.43 370.10 Td (All of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 358.10 Td (handbags, small leather goods, belts and soft accessories are produced by independent manufacturers. ) Tj ET Q q 0 0 0 rg BT 458.63 358.10 Td (W) Tj ET Q q 0 0 0 rg BT 467.26 358.10 Td (e have no long-term ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 346.10 Td (contracts with these independent assembly factories or manufacturers and compete with other companies for production ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 334.10 Td (facilities. ) Tj ET Q q 0 0 0 rg BT 88.38 334.10 Td (All transactions between us and our independent assembly factories or manufacturers are conducted on the basis of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 322.10 Td (purchase orders. ) Tj ET Q q 0 0 0 rg BT 117.35 322.10 Td (W) Tj ET Q q 0 0 0 rg BT 125.98 322.10 Td (e face the risk that these independent assembly factories or manufacturers may not produce and deliver our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 310.10 Td (products on a timely basis, or at all. ) Tj ET Q q 0 0 0 rg BT 193.92 310.10 Td (As a result, we cannot be certain that these assembly factories or manufacturers will ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 298.10 Td (continue to assemble or manufacture products for us or that we will not experience operational dif) Tj ET Q q 0 0 0 rg BT 441.69 298.10 Td (ficulties with our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 286.10 Td (manufacturers, such as reductions in the availability of production capacity) Tj ET Q q 0 0 0 rg BT 349.30 286.10 Td (, errors in complying with product specifications, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 274.10 Td (insuf) Tj ET Q q 0 0 0 rg BT 69.32 274.10 Td (ficient quality control, shortages of raw materials, failures to meet production deadlines or increases in manufacturing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 262.10 Td (costs. Our future success will depend upon our ability to maintain close relationships with, or ownership of, our current ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 250.10 Td (assembly factories and manufacturers and to develop long-term relationships with other manufacturers that satisfy our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 238.10 Td (requirements for price, quality and production flexibility) Tj ET Q q 0 0 0 rg BT 275.17 238.10 Td (. Our ability to establish new manufacturing relationships involves ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 226.10 Td (numerous uncertainties, including those relating to payment terms, costs of manufacturing, adequacy of manufacturing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 214.10 Td (capacity) Tj ET Q q 0 0 0 rg BT 82.16 214.10 Td (, quality control and timeliness of delivery) Tj ET Q q 0 0 0 rg BT 251.19 214.10 Td (. ) Tj ET Q q 0 0 0 rg BT 255.64 214.10 Td (Any failure by us to maintain long-term relationships with, or ownership of, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 202.10 Td (our current assembly factories and manufacturers or to develop relationships with other manufacturers could have a material ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 190.10 Td (adverse ef) Tj ET Q q 0 0 0 rg BT 90.13 190.10 Td (fect on our ability to manufacture and distribute our products.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 169.10 Td (If an independent manufacturer or license partner of ours fails to use acceptable labor practices or otherwise comply with ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 157.10 Td (laws or suf) Tj ET Q q 0 0 0 rg BT 94.33 157.10 Td (fers reputation harm, our business could suf) Tj ET Q q 0 0 0 rg BT 277.25 157.10 Td (fer) Tj ET Q q 0 0 0 rg BT 288.36 157.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 136.10 Td (While we have a code of conduct for our manufacturing partners, we have no control over the ultimate actions or labor ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 124.10 Td (practices of our independent manufacturers. ) Tj ET Q q 0 0 0 rg BT 227.58 124.10 Td (The violation of labor or other laws by one of our independent manufacturers, or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 112.10 Td (by one of our license partners, or the diver) Tj ET Q q 0 0 0 rg BT 218.98 112.10 Td (gence of an independent manufacturer's or license partner's labor practices from those ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 100.10 Td (generally accepted as ethical in the U.S. or other countries in which the violation or diver) Tj ET Q q 0 0 0 rg BT 406.15 100.10 Td (gence occurred, could interrupt or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 88.10 Td (otherwise disrupt the shipment of finished products to us or damage our reputation. In addition, certain of our license ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 76.10 Td (agreements are with named globally recognized fashion designers. Should one of these fashion designers, or any or our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 64.10 Td (licensor companies, conduct themselves inappropriately or make controversial statements, the underlying brand, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 52.10 Td (consequently our business under that brand, could suf) Tj ET Q q 0 0 0 rg BT 264.28 52.10 Td (fer) Tj ET Q q 0 0 0 rg BT 274.82 52.10 Td (. ) Tj ET Q q 0 0 0 rg BT 281.77 52.10 Td (Any of these, in turn, could have a material adverse ef) Tj ET Q q 0 0 0 rg BT 498.17 52.10 Td (fect on our ) Tj ET Q endstream endobj 39 0 obj <>] /Rotate 0 /Contents 40 0 R>> endobj 40 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 742.10 Td (financial condition and results of operations. ) Tj ET Q q 0 0 0 rg BT 229.73 742.10 Td (As a result, should one of our independent manufacturers or licensors be found in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 730.10 Td (violation of state or international laws or receive negative publicity) Tj ET Q q 0 0 0 rg BT 317.37 730.10 Td (, we could suf) Tj ET Q q 0 0 0 rg BT 373.29 730.10 Td (fer financial or other unforeseen consequences.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 709.10 Td (W) Tj ET Q q 0 0 0 rg BT 57.65 709.10 Td (e extend unsecured credit to our customers and are therefore vulnerable to any financial dif) Tj ET Q q 0 0 0 rg BT 435.79 709.10 Td (ficulties they may face.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 688.10 Td (W) Tj ET Q q 0 0 0 rg BT 82.14 688.10 Td (e sell our merchandise primarily to department stores, specialty retail stores and distributors worldwide. ) Tj ET Q q 0 0 0 rg BT 499.62 688.10 Td (W) Tj ET Q q 0 0 0 rg BT 508.26 688.10 Td (e extend ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 676.10 Td (credit based on an evaluation of each customer's financial condition, usually without requiring collateral. Should any of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 664.10 Td (lar) Tj ET Q q 0 0 0 rg BT 59.87 664.10 Td (ger customers experience financial dif) Tj ET Q q 0 0 0 rg BT 212.39 664.10 Td (ficulties, we could curtail business with such customers or assume more credit risk ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 652.10 Td (relating to such customers' receivables. Our inability to collect on our trade accounts receivable relating to such customers ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 640.10 Td (could have a material adverse ef) Tj ET Q q 0 0 0 rg BT 178.42 640.10 Td (fect on our operating cash flows, financial condition and results of operations.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 619.10 Td (W) Tj ET Q q 0 0 0 rg BT 57.65 619.10 Td (e do not maintain long-term contracts with our customers and are unable to control their purchasing decisions.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 598.10 Td (W) Tj ET Q q 0 0 0 rg BT 82.14 598.10 Td (e do not maintain long-term purchasing contracts with our customers and therefore have no contractual leverage over ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 586.10 Td (their purchasing decisions. ) Tj ET Q q 0 0 0 rg BT 158.37 586.10 Td (A) Tj ET Q q 0 0 0 rg BT 165.04 586.10 Td ( decision by a major department store or other significant customer to decrease the amount of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 574.10 Td (merchandise purchased from us or to cease carrying our products could have a material adverse ef) Tj ET Q q 0 0 0 rg BT 441.65 574.10 Td (fect on our net sales and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 562.10 Td (operating strategy) Tj ET Q q 0 0 0 rg BT 120.77 562.10 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 541.10 Td (W) Tj ET Q q 0 0 0 rg BT 57.65 541.10 Td (e face intense competition in the specialty retail and e-commerce industries and the size and resources of some of our ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 529.10 Td (competitors are substantially greater than ours, which may allow them to compete more ef) Tj ET Q q 0 0 0 rg BT 419.88 529.10 Td (fectively) Tj ET Q q 0 0 0 rg BT 453.37 529.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 508.10 Td (W) Tj ET Q q 0 0 0 rg BT 82.14 508.10 Td (e face intense competition in the specialty retail and e-commerce industry where we compete primarily with specialty ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 496.10 Td (retailers, department stores and e-commerce businesses that engage in the retail sale of watches and accessories. ) Tj ET Q q 0 0 0 rg BT 500.25 496.10 Td (W) Tj ET Q q 0 0 0 rg BT 508.88 496.10 Td (e believe that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 484.10 Td (the principal basis upon which we compete is the quality and design of merchandise and the quality of customer service. ) Tj ET Q q 0 0 0 rg BT 533.35 484.10 Td (W) Tj ET Q q 0 0 0 rg BT 541.99 484.10 Td (e ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 472.10 Td (also believe that price is an important factor in our customers' decision-making processes. Many of our competitors are, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 460.10 Td (many of our potential competitors may be, lar) Tj ET Q q 0 0 0 rg BT 232.60 460.10 Td (ger and have greater financial, marketing and other resources than we have and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 448.10 Td (therefore may be able to adapt to changes in customer requirements more quickly) Tj ET Q q 0 0 0 rg BT 374.84 448.10 Td (, devote greater resources to the marketing and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 436.10 Td (sale of their products and generate greater national brand recognition than we can, especially in the developing area of omni-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 424.10 Td (channel retailing. Omni-channel retailing may include retail stores, e-commerce sites, mobile channels and other direct-to-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 412.10 Td (consumer points of contact that enhance the consumer) Tj ET Q q 0 0 0 rg BT 266.74 412.10 Td () Tj ET Q q 0 0 0 rg BT 269.52 412.10 Td (s ability to interact with a retailer in the research, purchase, returning and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 400.10 Td (serving of products. ) Tj ET Q q 0 0 0 rg BT 131.53 400.10 Td (The intense competition and greater size and resources of some of our competitors could have a material ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 388.10 Td (adverse ef) Tj ET Q q 0 0 0 rg BT 90.13 388.10 Td (fect on the amount of net sales we generate and on our results of operations.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 367.10 Td (W) Tj ET Q q 0 0 0 rg BT 57.65 367.10 Td (e could be negatively impacted if we fail to successfully integrate businesses we may acquire.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 346.10 Td (W) Tj ET Q q 0 0 0 rg BT 82.14 346.10 Td (e have made, and may consider in the future, certain acquisitions, domestically and internationally) Tj ET Q q 0 0 0 rg BT 474.69 346.10 Td (, including ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 334.10 Td (acquisitions of certain watch brands and acquisitions of independent distributors of our products. ) Tj ET Q q 0 0 0 rg BT 439.23 334.10 Td (The integration of future ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 322.10 Td (acquisitions may not be successful or generate sales increases. ) Tj ET Q q 0 0 0 rg BT 300.90 322.10 Td (When we have acquired businesses, such as Misfit in December ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 310.10 Td (2015, we have acquired businesses that we believe could enhance our business opportunities and our growth prospects. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 298.10 Td (Acquisitions involve risks that could materially af) Tj ET Q q 0 0 0 rg BT 249.28 298.10 Td (fect our business, financial condition and operating results. ) Tj ET Q q 0 0 0 rg BT 487.37 298.10 Td (These risks ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 286.10 Td (include:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 265.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 265.10 Td (distraction of management from our business operations;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 244.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 244.10 Td (loss of key personnel and other employees;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 223.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 223.10 Td (costs, delays, and inef) Tj ET Q q 0 0 0 rg BT 173.35 223.10 Td (ficiencies associated with integrating acquired operations and personnel;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 202.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 202.10 Td (the impairment of acquired assets and goodwill; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 181.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 181.10 Td (acquiring the contingent and other liabilities of the businesses we acquire.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 160.10 Td (In addition, acquired businesses may not provide us with increased business opportunities or result in the growth that we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 148.10 Td (anticipate. Furthermore, integrating acquired operations is a complex, time-consuming and expensive process. Combining ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 136.10 Td (acquired operations with our current operations may result in lower overall operating mar) Tj ET Q q 0 0 0 rg BT 407.53 136.10 Td (gins, greater stock price volatility and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 124.10 Td (quarterly earnings fluctuations. Cultural incompatibilities, career uncertainties and other factors associated with such ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 112.10 Td (acquisitions may also result in the loss of employees. Failure to acquire and successfully integrate complementary practices, or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 100.10 Td (failure to achieve the business syner) Tj ET Q q 0 0 0 rg BT 193.99 100.10 Td (gies or other anticipated benefits, could materially adversely af) Tj ET Q q 0 0 0 rg BT 445.66 100.10 Td (fect our business, financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 88.10 Td (condition and results of operations.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 67.10 Td (W) Tj ET Q q 0 0 0 rg BT 57.65 67.10 Td (e face competition from traditional competitors as well as new competitors in the wearable technology category) Tj ET Q q 0 0 0 rg BT 513.08 67.10 Td (.) Tj ET Q endstream endobj 41 0 obj <>] /Rotate 0 /Contents 42 0 R>> endobj 42 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 742.10 Td (There is intense competition in each of the businesses in which we compete. In all of our businesses, we compete with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 730.10 Td (numerous manufacturers, importers and distributors who may have significantly greater financial, distribution, advertising and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 718.10 Td (marketing resources than us. Our competitors include distributors that import watches and accessories from abroad, U.S. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 706.10 Td (companies that have established foreign manufacturing relationships and companies that produce accessories domestically) Tj ET Q q 0 0 0 rg BT 538.69 706.10 Td (. In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 694.10 Td (addition, we face growing competition from technology companies that have or are launching smartwatch products and other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 682.10 Td (wearable technology) Tj ET Q q 0 0 0 rg BT 131.87 682.10 Td (. ) Tj ET Q q 0 0 0 rg BT 136.69 682.10 Td (These new competitors have not historically competed with us, and many have significantly greater ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 670.10 Td (financial, distribution, advertising and marketing resources than us. ) Tj ET Q q 0 0 0 rg BT 321.19 670.10 Td (The impact of the introduction of wearable technology on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 658.10 Td (sales of our traditional product lines, is uncertain, but could be materially adverse. Our results of operations and market position ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 646.10 Td (may be adversely af) Tj ET Q q 0 0 0 rg BT 129.56 646.10 Td (fected by our competitors and their competitive pressures in the watch, wearable technology and fashion ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 634.10 Td (accessory industries.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 613.10 Td (Any material disruption of our information systems could disrupt our business and reduce our sales.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 592.10 Td (W) Tj ET Q q 0 0 0 rg BT 82.14 592.10 Td (e are increasingly dependent on information systems to operate our websites, process transactions, manage inventory) Tj ET Q q 0 0 0 rg BT 549.13 592.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 580.10 Td (monitor sales and purchase, sell and ship goods on a timely basis. ) Tj ET Q q 0 0 0 rg BT 314.28 580.10 Td (W) Tj ET Q q 0 0 0 rg BT 322.91 580.10 Td (e utilize SAP) Tj ET Q q 0 0 0 rg BT 375.32 580.10 Td ( ERP) Tj ET Q q 0 0 0 rg BT 395.78 580.10 Td ( in our U.S. operations and throughout ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 568.10 Td (most of our European operations to support our human resources, sales and distribution, inventory planning, retail ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 556.10 Td (merchandising and operational and financial reporting systems of our business, and Navision in our ) Tj ET Q q 0 0 0 rg BT 449.69 556.10 Td (Asian operations to support ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 544.10 Td (many of the same functions on a local country level. ) Tj ET Q q 0 0 0 rg BT 261.20 544.10 Td (W) Tj ET Q q 0 0 0 rg BT 269.84 544.10 Td (e may experience operational problems with our information systems as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 532.10 Td (a result of system failures, viruses, computer "hackers" or other causes. ) Tj ET Q q 0 0 0 rg BT 336.47 532.10 Td (Any material disruption or slowdown of our systems ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 520.10 Td (could cause information, including data related to customer orders, to be lost or delayed which could result in delays in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 508.10 Td (delivery of merchandise to our stores and customers or lost sales, which could reduce demand for our merchandise and cause ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 496.10 Td (our sales to decline. Moreover) Tj ET Q q 0 0 0 rg BT 170.45 496.10 Td (, the failure to maintain, or a disruption in, financial and management control systems could have ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 484.10 Td (a material adverse ef) Tj ET Q q 0 0 0 rg BT 132.32 484.10 Td (fect on our ability to respond to trends in our tar) Tj ET Q q 0 0 0 rg BT 324.32 484.10 Td (get markets, market our products and meet our customers' ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 472.10 Td (requirements.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 451.10 Td (In addition, we have e-commerce and other websites in the U.S. and internationally) Tj ET Q q 0 0 0 rg BT 406.36 451.10 Td (. In addition to changing consumer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 439.10 Td (preferences and buying trends relating to Internet usage, we are vulnerable to certain additional risks and uncertainties ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 427.10 Td (associated with the Internet, including changes in required technology interfaces, website downtime and other technical ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 415.10 Td (failures, security breaches, and consumer privacy concerns. Our failure to successfully respond to these risks and uncertainties ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 403.10 Td (could reduce e-commerce sales, increase costs and damage the reputation of our brands.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 382.10 Td (Changes in the mix of product sales demand could negatively impact our gross profit margins.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 361.10 Td (Our gross profit mar) Tj ET Q q 0 0 0 rg BT 153.75 361.10 Td (gins are impacted by our sales mix as follows:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 349.10 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 337.10 Td (Sales channel mix: sales from our direct retail and e-commerce channels typically provide gross mar) Tj ET Q q 0 0 0 rg BT 476.40 337.10 Td (gins in excess of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 325.10 Td (historical consolidated gross profit mar) Tj ET Q q 0 0 0 rg BT 205.95 325.10 Td (gins, while sales from our distributor) Tj ET Q q 0 0 0 rg BT 353.31 325.10 Td (, mass market and of) Tj ET Q q 0 0 0 rg BT 436.16 325.10 Td (f-price channels typically ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 313.10 Td (provide gross mar) Tj ET Q q 0 0 0 rg BT 121.53 313.10 Td (gins below our historical consolidated gross profit mar) Tj ET Q q 0 0 0 rg BT 339.92 313.10 Td (gins.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 301.10 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 289.10 Td (Product mix: traditional watch and jewelry sales typically provide gross mar) Tj ET Q q 0 0 0 rg BT 379.80 289.10 Td (gins in excess of historical consolidated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 277.10 Td (gross profit mar) Tj ET Q q 0 0 0 rg BT 113.20 277.10 Td (gins, while leather goods and private label products typically provide gross mar) Tj ET Q q 0 0 0 rg BT 431.27 277.10 Td (gins below our historical ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 265.10 Td (consolidated gross profit mar) Tj ET Q q 0 0 0 rg BT 166.24 265.10 Td (gins. In addition, sales of our wearable technology products have produced gross profit mar) Tj ET Q q 0 0 0 rg BT 534.85 265.10 Td (gins ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 253.10 Td (below our historical consolidated gross profit mar) Tj ET Q q 0 0 0 rg BT 248.72 253.10 Td (gins, which we anticipate continuing in fiscal 2019.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 241.10 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 229.10 Td (Geographic mix: international sales typically produce gross mar) Tj ET Q q 0 0 0 rg BT 333.13 229.10 Td (gins in excess of our historical consolidated gross profit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 217.10 Td (mar) Tj ET Q q 0 0 0 rg BT 64.87 217.10 Td (gins, while domestic sales typically provide gross mar) Tj ET Q q 0 0 0 rg BT 281.31 217.10 Td (gins below our historical consolidated gross profit mar) Tj ET Q q 0 0 0 rg BT 499.70 217.10 Td (gins.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 205.10 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 193.10 Td (If future sales from our higher gross mar) Tj ET Q q 0 0 0 rg BT 234.27 193.10 Td (gin businesses do not increase at a faster rate than our lower gross mar) Tj ET Q q 0 0 0 rg BT 515.95 193.10 Td (gin ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 181.10 Td (businesses, our gross profit mar) Tj ET Q q 0 0 0 rg BT 176.25 181.10 Td (gins may grow at a slower pace, cease to grow) Tj ET Q q 0 0 0 rg BT 361.64 181.10 Td (, or decrease relative to our historical ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 169.10 Td (consolidated gross profit mar) Tj ET Q q 0 0 0 rg BT 166.24 169.10 Td (gin.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 145.10 Td (Our industry is subject to pricing pressures that may adversely impact our financial performance.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 121.10 Td (W) Tj ET Q q 0 0 0 rg BT 80.64 121.10 Td (e assemble or source many of our products of) Tj ET Q q 0 0 0 rg BT 262.63 121.10 Td (fshore because they generally cost less to make overseas, due primarily to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 109.10 Td (lower labor costs. Many of our competitors also source their product requirements of) Tj ET Q q 0 0 0 rg BT 388.95 109.10 Td (fshore to achieve lower costs, possibly in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 97.10 Td (locations with lower costs than our of) Tj ET Q q 0 0 0 rg BT 199.85 97.10 Td (fshore operations, and those competitors may use these cost savings to reduce prices. ) Tj ET Q q 0 0 0 rg BT 542.07 97.10 Td (T) Tj ET Q q 0 0 0 rg BT 547.48 97.10 Td (o ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 85.10 Td (remain competitive, we must adjust our prices from time to time in response to these industry-wide pricing pressures. Our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 73.10 Td (financial performance may be negatively af) Tj ET Q q 0 0 0 rg BT 223.40 73.10 Td (fected by these pricing pressures if we are forced to reduce our prices and we cannot ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 61.10 Td (reduce our production costs or our production costs increase and we cannot increase our prices.) Tj ET Q endstream endobj 43 0 obj <>] /Rotate 0 /Contents 44 0 R>> endobj 44 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (18) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 742.25 Td (The loss of our intellectual property rights may harm our business.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 718.25 Td (Our trademarks, patents and other intellectual property rights are important to our success and competitive position. ) Tj ET Q q 0 0 0 rg BT 538.74 718.25 Td (W) Tj ET Q q 0 0 0 rg BT 547.38 718.25 Td (e ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 706.25 Td (are devoted to the establishment and protection of our trademarks, patents and other intellectual property rights in those ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 694.25 Td (countries where we believe it is important to our ability to sell our products. However) Tj ET Q q 0 0 0 rg BT 392.07 694.25 Td (, we cannot be certain that the actions we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 682.25 Td (have taken will result in enforceable rights, will be adequate to protect our products in every country where we may want to sell ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 670.25 Td (our products, will be adequate to prevent imitation of our products by others or will be adequate to prevent others from seeking ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 658.25 Td (to prevent sales of our products as a violation of the trademarks, patents or other intellectual property rights of others. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 646.25 Td (Additionally) Tj ET Q q 0 0 0 rg BT 99.40 646.25 Td (, we rely on the patent, trademark and other intellectual property laws of the U.S. and other countries to protect our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 634.25 Td (proprietary rights. Even if we are successful in obtaining appropriate trademark, patent and other intellectual property rights, we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 622.25 Td (may be unable to prevent third parties from using our intellectual property without our authorization, particularly in those ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 610.25 Td (countries where the laws do not protect our proprietary rights as fully as in the U.S. Because we sell our products ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 598.25 Td (internationally and are dependent on foreign manufacturing in China, we are significantly dependent on foreign countries to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 586.25 Td (protect our intellectual property rights. ) Tj ET Q q 0 0 0 rg BT 206.49 586.25 Td (The use of our intellectual property or similar intellectual property by others could ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 574.25 Td (reduce or eliminate any competitive advantage we have developed, causing us to lose sales or otherwise harm our business. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 562.25 Td (Further) Tj ET Q q 0 0 0 rg BT 78.54 562.25 Td (, if it became necessary for us to resort to litigation to protect our intellectual property rights, any proceedings could be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 550.25 Td (burdensome and costly and we may not prevail. ) Tj ET Q q 0 0 0 rg BT 242.88 550.25 Td (The failure to obtain or maintain trademark, patent or other intellectual ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 538.25 Td (property rights could materially harm our business.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 517.25 Td (Our products may infringe the intellectual property rights of others, which may cause us to incur unexpected costs or ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 505.25 Td (prevent us from selling certain of our products.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 484.25 Td (W) Tj ET Q q 0 0 0 rg BT 82.14 484.25 Td (e cannot be certain that our products do not and will not infringe upon the intellectual property rights of others. ) Tj ET Q q 0 0 0 rg BT 528.23 484.25 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 472.25 Td (wearable technology space is rapidly developing with new innovation, which will likely result in a significant number of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 460.25 Td (domestic and international patent filings for new technology) Tj ET Q q 0 0 0 rg BT 290.17 460.25 Td (. ) Tj ET Q q 0 0 0 rg BT 294.62 460.25 Td (As a result, wearable technology companies may be subject to an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 448.25 Td (increasing number of claims that their products infringe the intellectual property rights of competitors or non-practicing entities. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 436.25 Td (As we increase our wearable technology and other product of) Tj ET Q q 0 0 0 rg BT 295.06 436.25 Td (ferings, we have been, are and may in the future be subject to legal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 424.25 Td (proceedings, including claims of alleged infringement of the intellectual property rights of third parties by us and our customers ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 412.25 Td (in connection with their marketing and sale of our products. ) Tj ET Q q 0 0 0 rg BT 290.83 412.25 Td (Any such claims, whether or not meritorious, could result in costly ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 400.25 Td (litigation and divert the ef) Tj ET Q q 0 0 0 rg BT 153.18 400.25 Td (forts of our personnel. Moreover) Tj ET Q q 0 0 0 rg BT 283.57 400.25 Td (, should we be found liable for infringement, we may be required to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 388.25 Td (enter into agreements \(if available on acceptable terms or at all\) or to pay damages and cease making or selling certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 376.25 Td (products. Moreover) Tj ET Q q 0 0 0 rg BT 127.97 376.25 Td (, we may need to redesign or rename some of our products to avoid future infringement liability) Tj ET Q q 0 0 0 rg BT 510.82 376.25 Td (. ) Tj ET Q q 0 0 0 rg BT 515.27 376.25 Td (Any of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 364.25 Td (foregoing could cause us to incur significant costs and prevent us from manufacturing or selling certain of our products.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 343.25 Td (An increase in product returns could negatively impact our operating results.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 322.25 Td (W) Tj ET Q q 0 0 0 rg BT 82.14 322.25 Td (e accept limited returns and will request that a customer return a product if we feel the customer has an excess of any ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 310.25 Td (style that we have identified as being a poor performer for that customer or geographic location. ) Tj ET Q q 0 0 0 rg BT 436.13 310.25 Td (W) Tj ET Q q 0 0 0 rg BT 444.76 310.25 Td (e continually monitor returns ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 298.25 Td (and maintain a provision for estimated returns based upon historical experience and any specific issues identified. However) Tj ET Q q 0 0 0 rg BT 543.11 298.25 Td (, as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 286.25 Td (we continue to increase our wearable technology product of) Tj ET Q q 0 0 0 rg BT 288.67 286.25 Td (ferings, we do not have the same level of historical experience ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 274.25 Td (estimating returns as we have with our other more mature products, which could result in us underestimating the level of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 262.25 Td (returns. In addition, consumer acceptance of wearable technology products and the inherent outdating of technology over time ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 250.25 Td (may result in an increase in the amount of returns we accept from our customers. ) Tj ET Q q 0 0 0 rg BT 375.32 250.25 Td (While returns have historically been within ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 238.25 Td (our expectations and the provisions established, future return rates may dif) Tj ET Q q 0 0 0 rg BT 347.84 238.25 Td (fer from those experienced in the past. In the event ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 226.25 Td (that our products are performing poorly in the retail market and/or we experience product damages or defects at a rate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 214.25 Td (significantly higher than our historical rate, the resulting credit returns could have an adverse impact on our operating results ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 202.25 Td (for the period or periods in which such returns occur) Tj ET Q q 0 0 0 rg BT 259.16 202.25 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 181.25 Td (There are inherent limitations in all control systems, and misstatements due to error or fraud may occur and not be detected.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 160.25 Td (W) Tj ET Q q 0 0 0 rg BT 82.14 160.25 Td (e are subject to the ongoing internal control provisions of Section404 of the Sarbanes-Oxley ) Tj ET Q q 0 0 0 rg BT 455.11 160.25 Td (Act of 2002. ) Tj ET Q q 0 0 0 rg BT 507.69 160.25 Td (These ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 148.25 Td (provisions provide for the identification of material weaknesses in internal control over financial reporting, which is a process ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 136.25 Td (to provide reasonable assurance regarding the reliability of financial reporting for external purposes in accordance with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 124.25 Td (accounting principles generally accepted in the United States of ) Tj ET Q q 0 0 0 rg BT 306.36 124.25 Td (America. Our management, including our CEO and Chief ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 112.25 Td (Financial Of) Tj ET Q q 0 0 0 rg BT 99.58 112.25 Td (ficer \("CFO"\), does not expect that our internal controls and disclosure controls will prevent all errors and all fraud. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 100.25 Td (A) Tj ET Q q 0 0 0 rg BT 56.17 100.25 Td ( control system, no matter how well conceived and operated, can provide only reasonable, not absolute, assurance that the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 88.25 Td (objectives of the control system are met. In addition, the design of a control system must reflect the fact that there are resource ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 76.25 Td (constraints and the benefit of controls must be relative to their costs. Because of the inherent limitations in all control systems, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 64.25 Td (no evaluation of controls can provide absolute assurance that all control issues and instances of fraud, if any) Tj ET Q q 0 0 0 rg BT 480.94 64.25 Td (, in our Company ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 52.25 Td (have been detected. ) Tj ET Q q 0 0 0 rg BT 130.38 52.25 Td (These inherent limitations include the realities that judgments in decision-making can be faulty and that ) Tj ET Q endstream endobj 45 0 obj <>] /Rotate 0 /Contents 46 0 R>> endobj 46 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 742.10 Td (breakdowns can occur because of simple errors or mistakes. Further) Tj ET Q q 0 0 0 rg BT 321.23 742.10 Td (, controls can be circumvented by individual acts of some ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 730.10 Td (persons, by collusion of two or more persons, or by management override of the controls. ) Tj ET Q q 0 0 0 rg BT 409.79 730.10 Td (The design of any system of controls ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 718.10 Td (is also based in part upon certain assumptions about the likelihood of future events, and there can be no assurance that any ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 706.10 Td (design will succeed in achieving its stated goals under all potential future conditions. Over time, a control may be inadequate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 694.10 Td (because of changes in conditions, such as growth of the Company or increased transaction volume, or the degree of compliance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 682.10 Td (with the policies or procedures may deteriorate. Because of inherent limitations in a cost-ef) Tj ET Q q 0 0 0 rg BT 414.19 682.10 Td (fective control system, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 670.10 Td (misstatements due to error or fraud may occur and not be detected.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 649.10 Td (In addition, discovery and disclosure of a material weakness, by definition, could have a material adverse impact on our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 637.10 Td (financial statements. Such an occurrence could discourage certain customers or suppliers from doing business with us, result in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 625.10 Td (higher borrowing costs and af) Tj ET Q q 0 0 0 rg BT 168.73 625.10 Td (fect how our stock trades. ) Tj ET Q q 0 0 0 rg BT 274.08 625.10 Td (This could in turn negatively af) Tj ET Q q 0 0 0 rg BT 399.70 625.10 Td (fect our ability to access public debt or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 613.10 Td (equity markets for capital.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 592.10 Td (Risk Factors Relating to Our) Tj ET Q q 0 0 0 rg BT 173.20 592.10 Td ( International Operations) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 571.10 Td (Factors af) Tj ET Q q 0 0 0 rg BT 91.82 571.10 Td (fecting international commerce and our international operations may seriously harm our financial condition.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 550.10 Td (During fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 148.19 550.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 168.19 550.10 Td (, we generated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 228.71 550.10 Td (59.9%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.54 550.10 Td ( of our net sales from outside of the U.S., and we anticipate that revenue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 538.10 Td (from our international operations could account for an increasingly lar) Tj ET Q q 0 0 0 rg BT 330.61 538.10 Td (ger portion of our net sales in the future. Our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 526.10 Td (international operations are directly related to, and dependent on, the volume of international trade and foreign market ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 514.10 Td (conditions. International commerce and our international operations are subject to many risks, some of which are discussed in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 502.10 Td (more detail below) Tj ET Q q 0 0 0 rg BT 121.05 502.10 Td (, including:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 481.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 481.10 Td (recessions in foreign economies;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 460.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 460.10 Td (the adoption and expansion of trade restrictions or the occurrence of trade wars;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 439.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 439.10 Td (limitations on repatriation of earnings;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 418.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 418.10 Td (dif) Tj ET Q q 0 0 0 rg BT 96.43 418.10 Td (ficulties in protecting our intellectual property or enforcing our intellectual property rights under the laws of other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 406.10 Td (countries;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 385.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 385.10 Td (longer receivables collection periods and greater dif) Tj ET Q q 0 0 0 rg BT 293.00 385.10 Td (ficulty in collecting accounts receivable;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 364.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 364.10 Td (dif) Tj ET Q q 0 0 0 rg BT 96.43 364.10 Td (ficulties in managing foreign operations;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 343.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 343.10 Td (social, political and economic instability;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 322.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 322.10 Td (political tensions between the U.S. and foreign countries; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 301.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 301.10 Td (compliance with, changes in or adoption of current, new or expanded regulatory requirements, particularly in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 289.10 Td (wearable technology space;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 268.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 268.10 Td (our ability to finance foreign operations;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 247.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 247.10 Td (tarif) Tj ET Q q 0 0 0 rg BT 101.97 247.10 Td (fs and other trade barriers; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 226.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 226.10 Td (U.S. government licensing requirements for exports.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 205.10 Td (The occurrence or consequences of any of these risks may restrict our ability to operate in the af) Tj ET Q q 0 0 0 rg BT 457.89 205.10 Td (fected regions and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 193.10 Td (decrease the profitability of our international operations, which may seriously harm our financial condition.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 172.10 Td (Foreign currency fluctuations could adversely impact our financial condition.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 151.10 Td (W) Tj ET Q q 0 0 0 rg BT 82.14 151.10 Td (e generally purchase our products in U.S. dollars. However) Tj ET Q q 0 0 0 rg BT 318.61 151.10 Td (, we source a significant amount of our products overseas ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 139.10 Td (and, as such, the cost of these products may be af) Tj ET Q q 0 0 0 rg BT 246.48 139.10 Td (fected by changes in the value of the currencies of these countries, including ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 127.10 Td (the ) Tj ET Q q 0 0 0 rg BT 63.67 127.10 Td (Australian dollar) Tj ET Q q 0 0 0 rg BT 130.75 127.10 Td (, British pound, Canadian dollar) Tj ET Q q 0 0 0 rg BT 258.66 127.10 Td (, Chilean peso, Chinese yuan, Danish krone, euro, Hong Kong dollar) Tj ET Q q 0 0 0 rg BT 533.48 127.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 115.10 Td (Indian rupee, Japanese yen, South Korean won, Malaysian ringgit, Mexican peso, Norwegian kroner) Tj ET Q q 0 0 0 rg BT 451.48 115.10 Td (, Singapore dollar) Tj ET Q q 0 0 0 rg BT 522.45 115.10 Td (, Swedish ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 103.10 Td (krona, Swiss franc and ) Tj ET Q q 0 0 0 rg BT 142.91 103.10 Td (T) Tj ET Q q 0 0 0 rg BT 148.32 103.10 Td (aiwanese dollar) Tj ET Q q 0 0 0 rg BT 210.24 103.10 Td (. Due to our dependence on manufacturing operations in China, changes in the value of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 91.10 Td (the Chinese yuan may have a material impact on our supply channels and manufacturing costs, including component and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 79.10 Td (assembly costs.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 58.10 Td (In addition, changes in currency exchange rates may also af) Tj ET Q q 0 0 0 rg BT 312.11 58.10 Td (fect the prices at which we sell products in foreign markets. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 46.10 Td (For fiscal years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.65 46.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 133.65 46.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.65 46.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 158.65 46.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 178.08 46.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 198.08 46.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 203.08 46.10 Td (59.9%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 228.91 46.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 233.91 46.10 Td (58.5%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 259.74 46.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.18 46.10 Td (55.4%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.01 46.10 Td ( of our consolidated net sales were generated outside of the U.S. ) Tj ET Q endstream endobj 47 0 obj <>] /Rotate 0 /Contents 48 0 R>> endobj 48 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (20) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 742.10 Td (In general, our overall financial results are af) Tj ET Q q 0 0 0 rg BT 229.23 742.10 Td (fected positively by a weaker U.S. dollar and are af) Tj ET Q q 0 0 0 rg BT 434.25 742.10 Td (fected negatively by a stronger ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 730.10 Td (U.S. dollar as compared to the foreign currencies in which we conduct our business. For example, due to a generally ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.69 730.10 Td (weaker) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.56 730.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 718.10 Td (U.S. dollar in fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 149.75 718.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.75 718.10 Td (, the translation of foreign based net sales into U.S. dollars ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.37 718.10 Td (improved) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.69 718.10 Td ( our reported net sales by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 706.10 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 109.76 706.10 Td ($21.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 132.26 706.10 Td ( million. If the value of the U.S. dollar remains at its current levels or strengthens further against foreign ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 694.10 Td (currencies, particularly against the euro, Canadian dollar) Tj ET Q q 0 0 0 rg BT 275.67 694.10 Td (, British pound, Japanese yen, Mexican peso, and ) Tj ET Q q 0 0 0 rg BT 475.08 694.10 Td (Australian dollar) Tj ET Q q 0 0 0 rg BT 542.16 694.10 Td (, our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 682.10 Td (financial condition and results of operations could be materially and adversely impacted. ) Tj ET Q q 0 0 0 rg BT 406.33 682.10 Td (Although we utilize forward contracts ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 670.10 Td (to help mitigate foreign currency risks \(mostly relating to the euro, Canadian dollar) Tj ET Q q 0 0 0 rg BT 382.06 670.10 Td (, British pound, Japanese yen, Mexican peso ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 658.10 Td (and ) Tj ET Q q 0 0 0 rg BT 65.89 658.10 Td (Australian dollar\), foreign currency fluctuations may have a material adverse impact on our financial condition and results ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 646.10 Td (of operations.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 625.10 Td (The European economic uncertainty and any further debt crisis could adversely impact our financial condition.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 604.10 Td (The European economic situation, particularly with the planned withdrawal by the United Kingdom from the European ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 592.10 Td (Union, has contributed to instability in certain international credit markets. During fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.78 592.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.78 592.10 Td (, we generated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.30 592.10 Td (33.8%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.13 592.10 Td ( of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 580.10 Td (consolidated net sales from our Europe segment. If global economic and market conditions, or economic conditions in Europe ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 568.10 Td (remain uncertain or deteriorate, the value of the euro could decline. ) Tj ET Q q 0 0 0 rg BT 320.77 568.10 Td (Any additional financial instability in stressed European ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 556.10 Td (countries could have a contagion ef) Tj ET Q q 0 0 0 rg BT 191.21 556.10 Td (fect on the region and contribute to the general instability and uncertainty in the European ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 544.10 Td (Union. If this were to occur or if the value of the euro were to weaken against the U.S. dollar) Tj ET Q q 0 0 0 rg BT 420.64 544.10 Td (, our financial condition and results ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 532.10 Td (of operations could be materially and adversely impacted.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 511.10 Td (W) Tj ET Q q 0 0 0 rg BT 57.65 511.10 Td (e depend on independent distributors to sell our products in certain international markets.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 490.10 Td (Our products are sold in certain international markets through independent distributors. If a distributor fails to meet ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 478.10 Td (annual sales goals or breaches the terms of our distribution agreement, it may be dif) Tj ET Q q 0 0 0 rg BT 384.50 478.10 Td (ficult and costly to locate an acceptable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 466.10 Td (substitute distributor) Tj ET Q q 0 0 0 rg BT 131.45 466.10 Td (. If a change in our distributors becomes necessary) Tj ET Q q 0 0 0 rg BT 333.23 466.10 Td (, we may experience increased costs, as well as a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 454.10 Td (substantial disruption in, and a resulting loss of, sales and profits.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 433.10 Td (Because we depend on foreign manufacturing, we are vulnerable to changes in economic and social conditions in ) Tj ET Q q 0 0 0 rg BT 520.26 433.10 Td (Asia, ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 421.10 Td (particularly China, and disruptions in international travel and shipping.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 400.10 Td (Because a substantial portion of our watches and jewelry and certain of our handbags, sunglasses and other products are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 388.10 Td (assembled or manufactured in China, our success will depend to a significant extent upon future economic and social conditions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 376.10 Td (existing in China. If the factories in China are disrupted for any reason, we would need to arrange for the manufacture and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 364.10 Td (shipment of products by alternative sources. Because the establishment of new manufacturing relationships involves numerous ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 352.10 Td (uncertainties, including those relating to payment terms, costs of manufacturing, adequacy of manufacturing capacity) Tj ET Q q 0 0 0 rg BT 518.14 352.10 Td (, quality ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 340.10 Td (control and timeliness of delivery) Tj ET Q q 0 0 0 rg BT 183.26 340.10 Td (, we are unable to predict whether such new relationships would be on terms that we regard as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 328.10 Td (satisfactory) Tj ET Q q 0 0 0 rg BT 94.94 328.10 Td (. ) Tj ET Q q 0 0 0 rg BT 99.39 328.10 Td (Any significant disruption in our relationships with our manufacturing sources located in China would have a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 316.10 Td (material adverse ef) Tj ET Q q 0 0 0 rg BT 125.38 316.10 Td (fect on our ability to manufacture and distribute our products. In addition, restrictions on travel to and from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 304.10 Td (this and other regions, and any delays or cancellations of customer orders or the manufacture or shipment of our products could ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 292.10 Td (have a material adverse ef) Tj ET Q q 0 0 0 rg BT 153.70 292.10 Td (fect on our ability to meet customer deadlines and timely distribute our products in order to match ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 280.10 Td (consumer expectations.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 259.10 Td (W) Tj ET Q q 0 0 0 rg BT 57.65 259.10 Td (e face risks associated with increased political uncertainty) Tj ET Q q 0 0 0 rg BT 295.88 259.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 235.10 Td (In the U.S., the change in the U.S. government administration has resulted in uncertainty regarding potential changes in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 223.10 Td (regulations, fiscal policy) Tj ET Q q 0 0 0 rg BT 147.43 223.10 Td (, social programs, domestic and foreign relations and international trade policies. Potential changes in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 211.10 Td (relationships among the U.S., China, Russia and other countries could have significant impacts on global trade and regional ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 199.10 Td (economic conditions, among other things. In addition, changes in the relationships between the U.S. and its neighbors, such as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 187.10 Td (Mexico, could have significant, potentially negative, impacts on commerce. Further) Tj ET Q q 0 0 0 rg BT 386.78 187.10 Td (, anti-American sentiment could harm the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 175.10 Td (reputation and success of U.S. companies doing business abroad.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 151.10 Td (In Europe, the populist movement resulted in the Brexit vote, and other election results are signaling increasing populist ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 139.10 Td (demands and rises in nationalism, which could have a negative impact on economic policy and consequently pose a potential ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 127.10 Td (threat to the unity of the European Union.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 103.10 Td (Our business is dependent upon its international operations, particularly in ) Tj ET Q q 0 0 0 rg BT 371.66 103.10 Td (Asia and Europe. During fiscal years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.39 103.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.39 103.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 91.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 91.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.94 91.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.94 91.10 Td (, we generated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.46 91.10 Td (59.9%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 195.29 91.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.29 91.10 Td (58.5%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 226.12 91.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 245.56 91.10 Td (55.4%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.39 91.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 324.05 91.10 Td (, of our net sales outside the U.S. In addition, we source ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 79.10 Td (the vast majority of our products from outside the U.S.) Tj ET Q endstream endobj 49 0 obj <>] /Rotate 0 /Contents 50 0 R>> endobj 50 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (21) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 742.10 Td (Our ability to respond to these developments or comply with any resulting new legal or regulatory requirements, including ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 730.10 Td (those involving economic and trade sanctions, could reduce our sales, increase our costs of doing business, reduce our financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 718.10 Td (flexibility and otherwise have a material adverse ef) Tj ET Q q 0 0 0 rg BT 253.95 718.10 Td (fect on our business, financial condition and results of our operations.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 694.10 Td (Risks associated with foreign government regulations and U.S. trade policy may af) Tj ET Q q 0 0 0 rg BT 389.06 694.10 Td (fect our foreign operations and sourcing.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 673.10 Td (Our businesses are subject to risks generally associated with doing business abroad, such as foreign governmental ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 661.10 Td (regulation in the countries in which our manufacturing sources are located, primarily China. ) Tj ET Q q 0 0 0 rg BT 420.04 661.10 Td (While we have not experienced ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 649.10 Td (any material issues with foreign governmental regulations that would impact our arrangements with our foreign manufacturing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 637.10 Td (sources, we believe that this issue is of particular concern with regard to China due to the less mature nature of the Chinese ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 625.10 Td (market economy and the historical involvement of the Chinese government in the industry) Tj ET Q q 0 0 0 rg BT 410.43 625.10 Td (. If regulations were to render the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 613.10 Td (conduct of business in a particular country undesirable or impracticable, or if our current foreign manufacturing sources were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 601.10 Td (for any other reason to cease doing business with us, such a development could have a material adverse ef) Tj ET Q q 0 0 0 rg BT 473.34 601.10 Td (fect on our product ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 589.10 Td (sales and on our supply) Tj ET Q q 0 0 0 rg BT 142.73 589.10 Td (, manufacturing and distribution channels.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 568.10 Td (Our business is also subject to risks associated with U.S. and foreign legislation and regulations relating to imports, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 556.10 Td (including quotas, duties, tarif) Tj ET Q q 0 0 0 rg BT 166.24 556.10 Td (fs or taxes, and other char) Tj ET Q q 0 0 0 rg BT 269.35 556.10 Td (ges or restrictions on imports, which could adversely af) Tj ET Q q 0 0 0 rg BT 491.06 556.10 Td (fect our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 544.10 Td (operations and our ability to import products at current or increased levels. ) Tj ET Q q 0 0 0 rg BT 350.62 544.10 Td (W) Tj ET Q q 0 0 0 rg BT 359.26 544.10 Td (e cannot predict whether additional U.S. and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 532.10 Td (foreign customs quotas, duties \(including antidumping or countervailing duties\), tarif) Tj ET Q q 0 0 0 rg BT 390.09 532.10 Td (fs, taxes or other char) Tj ET Q q 0 0 0 rg BT 476.26 532.10 Td (ges or restrictions, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 520.10 Td (requirements as to where raw materials must be purchased, additional workplace regulations or other restrictions on our imports ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 508.10 Td (will be imposed upon the importation of our products in the future or adversely modified, or what ef) Tj ET Q q 0 0 0 rg BT 450.33 508.10 Td (fect such actions would ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 496.10 Td (have on our costs of operations. For example, our products imported to the U.S. are subject to U.S. customs duties, and in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 484.10 Td (ordinary course of our business, we may from time to time be subject to claims by the U.S. Customs Service for duties and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 472.10 Td (other char) Tj ET Q q 0 0 0 rg BT 89.57 472.10 Td (ges. Factors that may influence the modification or imposition of these restrictions include the determination by the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 460.10 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 69.60 460.10 Td (T) Tj ET Q q 0 0 0 rg BT 75.36 460.10 Td (rade Representative that a country has denied adequate intellectual property rights or fair and equitable market access to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 448.10 Td (U.S. firms that rely on intellectual property) Tj ET Q q 0 0 0 rg BT 221.58 448.10 Td (, trade disputes between the U.S. and a country that leads to withdrawal of "most ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 436.10 Td (favored nation" status for that country and economic and political changes within a country that are viewed unfavorably by the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 424.10 Td (U.S. government. Future quotas, duties or tarif) Tj ET Q q 0 0 0 rg BT 235.96 424.10 Td (fs may have a material adverse ef) Tj ET Q q 0 0 0 rg BT 369.59 424.10 Td (fect on our business, financial condition and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 412.10 Td (results of operations. Future trade agreements could also provide our competitors with an advantage over us, or increase our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 400.10 Td (costs, either of which could have a material adverse ef) Tj ET Q q 0 0 0 rg BT 266.45 400.10 Td (fect on our business, financial condition and results of operations and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 388.10 Td (financial condition. Substantially all of our import operations are subject to customs duties imposed by the governments where ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 376.10 Td (our production facilities are located on imported products, including raw materials.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 355.10 Td (Risk Factors Relating to Our) Tj ET Q q 0 0 0 rg BT 173.20 355.10 Td ( Common Stock) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 334.10 Td (Many factors may cause our net sales, operating results and cash flows to fluctuate and possibly decline, which may result ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 322.10 Td (in declines in our stock price.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 301.10 Td (Our net sales, operating results and cash flows may fluctuate significantly because of a number of factors, many of which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 289.10 Td (are outside of our control. ) Tj ET Q q 0 0 0 rg BT 155.40 289.10 Td (These factors may include, but may not be limited to, the following:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 268.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 268.10 Td (fluctuations in market demand for our products;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 247.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 247.10 Td (increased competition and pricing pressures;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 226.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 226.10 Td (our ability to anticipate changing customer demands and preferences;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 205.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 205.10 Td (our ability to compete in the wearable technology space;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 184.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 184.10 Td (growth in our international operations;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 163.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 163.10 Td (our failure to ef) Tj ET Q q 0 0 0 rg BT 147.79 163.10 Td (ficiently manage our inventory levels;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 142.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 142.10 Td (our inability to manage and maintain our debt obligations;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 121.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 121.10 Td (seasonality in our business;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 100.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 100.10 Td (changes in our) Tj ET Q q 0 0 0 rg BT 143.42 100.10 Td (, and our competitors', business strategy or pricing;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 79.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 79.10 Td (implementation of our restructuring plan;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 58.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 58.10 Td (the successful management of our Company-owned retail store operations;) Tj ET Q endstream endobj 51 0 obj <>] /Rotate 0 /Contents 52 0 R>> endobj 52 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (22) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 742.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 742.10 Td (the timing of certain selling, general and administrative expenses;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 721.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 721.10 Td (completing acquisitions and the costs of integrating acquired operations;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 700.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 700.10 Td (international currency fluctuations, operating challenges and trade regulations;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 679.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 679.10 Td (acts of terrorism or acts of war; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 658.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 658.10 Td (government regulation.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 637.10 Td (One or more of the foregoing factors may cause our operating expenses to be unexpectedly high or result in a decrease in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 625.10 Td (our net sales during any given period. If these or any other variables or unknowns were to cause a shortfall in revenues or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 613.10 Td (earnings, an increase in our operating costs or otherwise cause a failure to meet public market expectations, our stock price may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 601.10 Td (decline and our business could be adversely af) Tj ET Q q 0 0 0 rg BT 235.09 601.10 Td (fected.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 580.10 Td (Our CEO owns approximately ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 176.74 580.10 Td (6.8%) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 197.57 580.10 Td ( of our outstanding common stock.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 559.10 Td (Mr) Tj ET Q q 0 0 0 rg BT 85.17 559.10 Td (.Kosta Kartsotis owns approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 238.48 559.10 Td (6.8%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 259.31 559.10 Td ( of our common stock as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.23 559.10 Td (December29, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.82 559.10 Td (. ) Tj ET Q q 0 0 0 rg BT 454.27 559.10 Td (As a result, he is in a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 547.10 Td (position to influence the outcome of elections of our directors, the adoption, amendment or repeal of our bylaws and any other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 535.10 Td (actions requiring the vote or consent of our stockholders, and to otherwise influence our af) Tj ET Q q 0 0 0 rg BT 411.71 535.10 Td (fairs.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 514.10 Td (Because the interests of Mr) Tj ET Q q 0 0 0 rg BT 182.36 514.10 Td (.Kartsotis may not coincide with the interests of other stockholders, Mr) Tj ET Q q 0 0 0 rg BT 469.25 514.10 Td (.Kartsotis may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 502.10 Td (influence the Company to enter into transactions or agreements that other stockholders would not approve or make decisions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 490.10 Td (with which other stockholders may disagree.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 469.10 Td (Our organizational documents contain anti-takeover provisions that could discourage a proposal for a takeover) Tj ET Q q 0 0 0 rg BT 507.04 469.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 448.10 Td (Our certificate of incorporation and bylaws, as well as the General Corporation Law of the State of Delaware, contain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 436.10 Td (provisions that may have the ef) Tj ET Q q 0 0 0 rg BT 174.56 436.10 Td (fect of discouraging a proposal for a takeover) Tj ET Q q 0 0 0 rg BT 355.88 436.10 Td (. ) Tj ET Q q 0 0 0 rg BT 360.70 436.10 Td (These include a provision in our certificate of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 424.10 Td (incorporation authorizing the issuance of "blank check" preferred stock and provisions in our bylaws establishing advance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 412.10 Td (notice procedures with respect to certain stockholder proposals. Our bylaws may be amended by a vote of 80% of the Board of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 400.10 Td (Directors, subject to repeal by a vote of 80% of the stockholders. In addition, Delaware law limits the ability of a Delaware ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 388.10 Td (corporation to engage in certain business combinations with interested stockholders. Finally) Tj ET Q q 0 0 0 rg BT 416.82 388.10 Td (, Mr) Tj ET Q q 0 0 0 rg BT 433.49 388.10 Td (.Kartsotis has the ability) Tj ET Q q 0 0 0 rg BT 532.55 388.10 Td (, by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 376.10 Td (virtue of his stock ownership, to influence a vote regarding a change in control.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 355.10 Td (Reports published by securities or industry analysts, including projections in those reports that exceed our actual results, ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 343.10 Td (could adversely af) Tj ET Q q 0 0 0 rg BT 123.74 343.10 Td (fect our stock price and trading volume.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 322.10 Td (Research analysts publish their own quarterly projections regarding our operating results. ) Tj ET Q q 0 0 0 rg BT 431.72 322.10 Td (These projections may vary ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 310.10 Td (widely from one another and may not accurately predict the results we actually achieve. Our stock price may decline if we fail ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 298.10 Td (to meet securities research analysts' projections. Similarly) Tj ET Q q 0 0 0 rg BT 280.31 298.10 Td (, if one or more of the analysts who covers us downgrades our stock ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 286.10 Td (or publishes inaccurate or unfavorable research about our business, our stock price could decline. If one or more of these ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 274.10 Td (analysts ceases coverage of us or fails to publish reports on us regularly) Tj ET Q q 0 0 0 rg BT 335.44 274.10 Td (, our stock price or trading volume could decline. In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 262.10 Td (2018, the number of analysts covering our stock decreased from ten to six.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 241.10 Td (Future sales of our common stock in the public market could adversely af) Tj ET Q q 0 0 0 rg BT 352.65 241.10 Td (fect our stock price.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 220.10 Td (The shares of our common stock beneficially owned by Mr) Tj ET Q q 0 0 0 rg BT 309.83 220.10 Td (.Kartsotis may be sold in the open market in the future, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 208.10 Td (subject to any volume restrictions and other limitations under the Securities ) Tj ET Q q 0 0 0 rg BT 353.60 208.10 Td (Act of 1933 and Rule144 thereunder) Tj ET Q q 0 0 0 rg BT 501.90 208.10 Td (. ) Tj ET Q q 0 0 0 rg BT 506.72 208.10 Td (W) Tj ET Q q 0 0 0 rg BT 515.35 208.10 Td (e may also ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 196.10 Td (decide to filea registration statement enabling Mr) Tj ET Q q 0 0 0 rg BT 248.60 196.10 Td (.Kartsotis to sell additional shares. ) Tj ET Q q 0 0 0 rg BT 390.80 196.10 Td (Any sales by Mr) Tj ET Q q 0 0 0 rg BT 456.63 196.10 Td (.Kartsotis of substantial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 184.10 Td (amounts of our common stock in the open market, or the availability of his shares for sale, could adversely af) Tj ET Q q 0 0 0 rg BT 486.70 184.10 Td (fect the price of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 172.10 Td (our common stock. ) Tj ET Q q 0 0 0 rg BT 128.75 172.10 Td (The market price of our common stock could decline as a result of sales of substantial amounts of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 160.10 Td (common stock in the public market, or the perception that those sales could occur) Tj ET Q q 0 0 0 rg BT 375.52 160.10 Td (. ) Tj ET Q q 0 0 0 rg BT 380.34 160.10 Td (These sales or the possibility that they may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 148.10 Td (occur also could make it more dif) Tj ET Q q 0 0 0 rg BT 183.72 148.10 Td (ficult for us to raise funds in any equity of) Tj ET Q q 0 0 0 rg BT 352.11 148.10 Td (fering in the future at a time and price that we deem ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 136.10 Td (appropriate.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 115.10 Td (Item1B.Unr) Tj ET Q q 0 0 0 rg BT 113.70 115.10 Td (esolved Staff Comments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 94.10 Td (None.) Tj ET Q endstream endobj 53 0 obj <>] /Rotate 0 /Contents 54 0 R>> endobj 54 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (23) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Item2.Pr) Tj ET Q q 0 0 0 rg BT 100.36 742.25 Td (operties) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 74.00 721.25 Td (Company facilities.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 153.44 721.25 Td () Tj ET Q q 0 0 0 rg BT 162.89 721.25 Td (As of the end of fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 273.68 721.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.68 721.25 Td (, we owned or leased the following material facilities in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 709.25 Td (connection with our U.S. and international operations:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 669.75 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 149.50 669.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 153.50 669.75 217.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 370.50 669.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 669.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 669.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 669.75 113.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 639.75 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 149.50 639.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 153.50 639.75 217.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 370.50 639.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 639.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 639.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 639.75 113.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 609.75 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 149.50 609.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 153.50 609.75 217.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 370.50 609.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 609.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 609.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 609.75 113.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 579.75 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 149.50 579.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 153.50 579.75 217.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 370.50 579.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 579.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 579.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 579.75 113.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 549.75 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 149.50 549.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 153.50 549.75 217.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 370.50 549.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 549.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 549.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 549.75 113.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 669.75 m 149.5 669.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 153.5 669.75 m 370.5 669.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 669.75 m 444.5 669.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 669.75 m 561.5 669.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 153.5 669.75 m 370.5 669.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 669.75 m 444.5 669.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 669.75 m 561.5 669.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 83.85 673.98 Td (Location) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 255.25 673.98 Td (Use) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 386.40 689.98 Td (Appr) Tj ET Q q 0 0 0 rg BT 404.48 689.98 Td (oximate) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 396.80 681.98 Td (Squar) Tj ET Q q 0 0 0 rg BT 417.55 681.98 Td (e) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 395.40 673.98 Td (Footage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 477.15 673.98 Td (Owned / Leased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 659.42 Td (Eggsttt, Germany) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.00 659.42 Td (Of) Tj ET Q q 0 0 0 rg BT 166.46 659.42 Td (fice, warehouse and distribution) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 660.32 Td (383,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.00 660.32 Td (Owned) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 644.42 Td (Grabensttt, Germany) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.00 644.42 Td (Of) Tj ET Q q 0 0 0 rg BT 166.46 644.42 Td (fice) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.15 645.32 Td (92,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.00 645.32 Td (Owned) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 629.42 Td (Richardson, ) Tj ET Q q 0 0 0 rg BT 102.46 629.42 Td (T) Tj ET Q q 0 0 0 rg BT 108.13 629.42 Td (exas) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.00 629.42 Td (Corporate headquarters) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 630.32 Td (536,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.00 630.32 Td (Lease expiring in 2031) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 614.42 Td (Dallas, ) Tj ET Q q 0 0 0 rg BT 82.46 614.42 Td (T) Tj ET Q q 0 0 0 rg BT 88.13 614.42 Td (exas) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.00 614.42 Td (Of) Tj ET Q q 0 0 0 rg BT 166.46 614.42 Td (fice, warehouse and distribution) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 615.32 Td (518,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.00 615.32 Td (Lease expiring in 2026) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 599.42 Td (Hong Kong) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.00 599.42 Td (W) Tj ET Q q 0 0 0 rg BT 165.04 599.42 Td (arehouse and distribution) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 600.32 Td (205,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.00 600.32 Td (Lease expiring in 2023) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 584.42 Td (Garland, ) Tj ET Q q 0 0 0 rg BT 89.12 584.42 Td (T) Tj ET Q q 0 0 0 rg BT 94.79 584.42 Td (exas) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.00 584.42 Td (W) Tj ET Q q 0 0 0 rg BT 165.04 584.42 Td (arehouse) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 585.32 Td (154,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.00 585.32 Td (Lease expiring in 2022) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 569.42 Td (Basel, Switzerland) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.00 569.42 Td (Europe headquarters) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 570.32 Td (140,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.00 570.32 Td (Lease expiring in 2036) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 554.42 Td (Shenzhen, China) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.00 554.42 Td (Manufacturing) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 555.32 Td (1) Tj ET Q q 0 0 0 rg BT 413.15 555.32 Td (10,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.00 555.32 Td (Lease expiring in 2021) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 539.42 Td (Hong Kong) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.00 539.42 Td (Asia headquarters) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.15 540.32 Td (42,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.00 540.32 Td (Lease expiring in 2022) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 524.42 Td (New ) Tj ET Q q 0 0 0 rg BT 73.20 524.42 Td (Y) Tj ET Q q 0 0 0 rg BT 79.73 524.42 Td (ork, New ) Tj ET Q q 0 0 0 rg BT 118.76 524.42 Td (Y) Tj ET Q q 0 0 0 rg BT 125.29 524.42 Td (ork) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.00 524.42 Td (General of) Tj ET Q q 0 0 0 rg BT 198.29 524.42 Td (fice and showroom) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.15 525.32 Td (27,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.00 525.32 Td (Lease expiring in 2027) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 496.25 Td (W) Tj ET Q q 0 0 0 rg BT 82.64 496.25 Td (e also lease certain other manufacturing and/or of) Tj ET Q q 0 0 0 rg BT 280.43 496.25 Td (fice, warehouse and/or distribution facilities in Burlingame, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 484.25 Td (California; Chicago, Illinois; Los ) Tj ET Q q 0 0 0 rg BT 184.71 484.25 Td (Angeles, California; Miami, Florida; ) Tj ET Q q 0 0 0 rg BT 333.57 484.25 Td (Australia; ) Tj ET Q q 0 0 0 rg BT 374.96 484.25 Td (Austria; Canada; China; Denmark; France; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 472.25 Td (Germany; Hong Kong; India; Italy; Japan; Malaysia; Mexico; the Netherlands; New Zealand; Poland; Portugal; Singapore; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 460.25 Td (South ) Tj ET Q q 0 0 0 rg BT 75.29 460.25 Td (Africa; South Korea; Spain; Sweden; Switzerland; ) Tj ET Q q 0 0 0 rg BT 279.51 460.25 Td (T) Tj ET Q q 0 0 0 rg BT 284.92 460.25 Td (aiwan; the United Kingdom and ) Tj ET Q q 0 0 0 rg BT 415.54 460.25 Td (V) Tj ET Q q 0 0 0 rg BT 422.16 460.25 Td (ietnam.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 74.00 439.25 Td (Retail store facilities.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 160.93 439.25 Td () Tj ET Q q 0 0 0 rg BT 170.38 439.25 Td (As of the end of fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.17 439.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.17 439.25 Td (, we had 486 lease agreements for retail space for the sale of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 427.25 Td (products. ) Tj ET Q q 0 0 0 rg BT 89.26 427.25 Td (The leases, including renewal options, expire at various times from 2019 to 2029. ) Tj ET Q q 0 0 0 rg BT 417.89 427.25 Td (The leases provide for minimum ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 415.25 Td (annual rentals and, in certain cases, for the payment of additional rent when sales exceed specified net sales amounts. ) Tj ET Q q 0 0 0 rg BT 521.31 415.25 Td (W) Tj ET Q q 0 0 0 rg BT 529.95 415.25 Td (e are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 403.25 Td (also generally required to pay our pro rata share of common area maintenance costs, real estate taxes, insurance, maintenance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 391.25 Td (expenses and utilities.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 370.25 Td (W) Tj ET Q q 0 0 0 rg BT 82.64 370.25 Td (e believe that our material existing facilities are well maintained, in good operating condition, and are adequate for our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 358.25 Td (needs.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 337.25 Td (Item3.Legal Pr) Tj ET Q q 0 0 0 rg BT 126.74 337.25 Td (oceedings) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 316.25 Td (The Company is occasionally subject to litigation or other legal proceedings in the normal course of its business. ) Tj ET Q q 0 0 0 rg BT 527.33 316.25 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 304.25 Td (Company does not believe that the outcome of any currently pending legal matters, individually or collectively) Tj ET Q q 0 0 0 rg BT 493.12 304.25 Td (, will have a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 292.25 Td (material ef) Tj ET Q q 0 0 0 rg BT 92.85 292.25 Td (fect on the business or financial condition of the Company) Tj ET Q q 0 0 0 rg BT 326.31 292.25 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 271.25 Td (Item4.Mine Safety Disclosur) Tj ET Q q 0 0 0 rg BT 183.69 271.25 Td (es) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 250.25 Td (Not applicable.) Tj ET Q endstream endobj 55 0 obj <>] /Rotate 0 /Contents 56 0 R>> endobj 56 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (24) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 287.85 742.25 Td (P) Tj ET Q q 0 0 0 rg BT 293.22 742.25 Td (AR) Tj ET Q q 0 0 0 rg BT 307.31 742.25 Td (T) Tj ET Q q 0 0 0 rg BT 313.80 742.25 Td ( II) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 721.25 Td (Item5.Market for) Tj ET Q q 0 0 0 rg BT 137.29 721.25 Td ( Registrant's Common Equity) Tj ET Q q 0 0 0 rg BT 264.24 721.25 Td (, Related Stockholder) Tj ET Q q 0 0 0 rg BT 356.00 721.25 Td ( Matters and Issuer) Tj ET Q q 0 0 0 rg BT 439.42 721.25 Td ( Pur) Tj ET Q q 0 0 0 rg BT 457.85 721.25 Td (chases of Equity ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 709.25 Td (Securities) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 72.50 688.25 Td (General.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.33 688.25 Td (Our common stock is listed on the NASDAQ Global Select Market under the symbol "FOSL." ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 667.25 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.44 667.25 Td (February14, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 172.04 667.25 Td (, there were approximately 62 holders of record of our shares of common stock \(including ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 655.25 Td (nominee holders such as banks and brokerage firms who hold shares for beneficial owners\), although we believe that the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 643.25 Td (number of beneficial owners is much higher) Tj ET Q q 0 0 0 rg BT 226.06 643.25 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 622.25 Td (Common Stock Performance Graph) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 601.25 Td (The following performance graph compares the cumulative return of our shares of common stock over the preceding five ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 589.25 Td (year periods with that of the broad market Standard& Poor's 500 Stock Index \("S&P) Tj ET Q q 0 0 0 rg BT 389.90 589.25 Td (500 Index"\) and the NASDAQ Retail ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 577.25 Td (T) Tj ET Q q 0 0 0 rg BT 55.76 577.25 Td (rades Group. Each index assumes $100 invested at December31, 2013 and is calculated assuming quarterly reinvestment of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 565.25 Td (dividends and quarterly weighting by market capitalization.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 214.05 544.25 Td (2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 234.05 544.25 Td ( COMP) Tj ET Q q 0 0 0 rg BT 266.35 544.25 Td (ARA) Tj ET Q q 0 0 0 rg BT 287.28 544.25 Td (TIVE ) Tj ET Q q 0 0 0 rg BT 314.05 544.25 Td (T) Tj ET Q q 0 0 0 rg BT 320.54 544.25 Td (OT) Tj ET Q q 0 0 0 rg BT 334.25 544.25 Td (AL) Tj ET Q q 0 0 0 rg BT 347.59 544.25 Td ( RETURNS) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 266.50 532.25 Td (Fossil Gr) Tj ET Q q 0 0 0 rg BT 305.48 532.25 Td (oup,Inc.,) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 212.55 520.25 Td (NASDAQ Retail ) Tj ET Q q 0 0 0 rg BT 285.14 520.25 Td (T) Tj ET Q q 0 0 0 rg BT 291.07 520.25 Td (rades and S&P) Tj ET Q q 0 0 0 rg BT 354.97 520.25 Td (500 Index) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 215.65 508.25 Td (\(Performance Results thr) Tj ET Q q 0 0 0 rg BT 323.77 508.25 Td (ough 12/31/) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 372.94 508.25 Td (2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 392.94 508.25 Td (\)) Tj ET Q /GS0 gs q 460.00 0 0 255.00 76.00 239.25 cm /I21 Do Q BT /F1 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 76.00 211.75 109.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 185.00 211.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 240.00 211.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 244.00 211.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 299.00 211.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 303.00 211.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.00 211.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 362.00 211.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 417.00 211.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.00 211.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 476.00 211.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 480.00 211.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 76.00 181.75 109.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 185.00 181.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 240.00 181.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 244.00 181.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 299.00 181.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 303.00 181.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.00 181.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 362.00 181.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 417.00 181.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.00 181.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 476.00 181.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 480.00 181.75 55.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 185 211.75 m 240 211.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 244 211.75 m 299 211.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 303 211.75 m 358 211.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 362 211.75 m 417 211.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421 211.75 m 476 211.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 480 211.75 m 535 211.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 362 211.75 m 417 211.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421 211.75 m 476 211.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 480 211.75 m 535 211.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 193.75 215.98 Td (12/31/2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 252.75 215.98 Td (12/31/2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 311.75 215.98 Td (12/31/2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 370.75 215.98 Td (12/31/2016) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 429.75 215.98 Td (12/31/2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 488.75 215.98 Td (12/31/2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.50 201.42 Td (Fossil Group, Inc.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 187.50 201.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 208.65 201.42 Td (100.00) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 246.50 201.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 272.65 201.42 Td (92.33) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.50 201.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.65 201.42 Td (30.48) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.50 201.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.65 201.42 Td (21.56) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.50 201.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.65 201.42 Td (6.48) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.50 201.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.65 201.42 Td (13.53) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.50 186.42 Td (S&P) Tj ET Q q 0 0 0 rg BT 97.22 186.42 Td ( 500 Index) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 187.50 186.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 208.65 186.42 Td (100.00) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 246.50 186.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.65 186.42 Td (1) Tj ET Q q 0 0 0 rg BT 272.65 186.42 Td (1) Tj ET Q q 0 0 0 rg BT 277.65 186.42 Td (1.39) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.50 186.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.65 186.42 Td (1) Tj ET Q q 0 0 0 rg BT 331.65 186.42 Td (10.58) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.50 186.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.65 186.42 Td (121.13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.50 186.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.65 186.42 Td (144.65) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.50 186.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.65 186.42 Td (135.63) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.50 171.42 Td (NASDAQ Retail ) Tj ET Q q 0 0 0 rg BT 148.87 171.42 Td (T) Tj ET Q q 0 0 0 rg BT 154.63 171.42 Td (rades) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 187.50 171.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 208.65 171.42 Td (100.00) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 246.50 171.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.65 171.42 Td (1) Tj ET Q q 0 0 0 rg BT 272.65 171.42 Td (15.37) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.50 171.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.65 171.42 Td (128.95) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.50 171.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.65 171.42 Td (132.03) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.50 171.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.65 171.42 Td (164.62) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.50 171.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.65 171.42 Td (175.96) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 146.25 Td (Pur) Tj ET Q q 0 0 0 rg BT 65.93 146.25 Td (chases of Equity Securities by the Issuer) Tj ET Q q 0 0 0 rg BT 236.86 146.25 Td ( and ) Tj ET Q q 0 0 0 rg BT 257.43 146.25 Td (Affiliated Pur) Tj ET Q q 0 0 0 rg BT 316.41 146.25 Td (chasers) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 125.25 Td (In ) Tj ET Q q 0 0 0 rg BT 82.78 125.25 Td (August 2010, our Board of Directors approved a common stock repurchase program pursuant to which up to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 113.25 Td ($30million could be used to repurchase outstanding shares of our common stock. ) Tj ET Q q 0 0 0 rg BT 379.20 113.25 Td (The $30 million repurchase program has no ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 101.25 Td (termination date, and as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 158.85 101.25 Td (December29, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.44 101.25 Td (, no shares had been repurchased under it. On November 10, 2014, the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 89.25 Td (Company) Tj ET Q q 0 0 0 rg BT 91.67 89.25 Td (s Board of Directors authorized a $1.0 billion share repurchase program, which expired December 31, 2018. ) Tj ET Q q 0 0 0 rg BT 526.52 89.25 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 77.25 Td (January 1, 2019, the Company had ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 191.64 77.25 Td ($30.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 245.53 77.25 Td ( of repurchase authorizations remaining under its repurchase program. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 65.25 Td (However) Tj ET Q q 0 0 0 rg BT 86.25 65.25 Td (, under the Company's credit agreement, the Company is restricted from making open market repurchases of its ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 53.25 Td (common stock. ) Tj ET Q endstream endobj 57 0 obj <>] /Rotate 0 /Contents 58 0 R>> endobj 58 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (25) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 742.10 Td (Common stock repurchases acquired from grantees in connection with income tax withholding obligations arising from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (vesting of restricted stock grants were 3,316 shares and 6,763 shares for fiscal years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.23 730.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.23 730.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.67 730.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.67 730.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 500.33 730.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 709.10 Td (There were no shares of common stock repurchased during the fourth quarter of fiscal year 2018.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 676.10 Td (Item6.Selected Financial Data) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 655.10 Td (The following information should be read in conjunction with our consolidated financial statements and notes thereto ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 643.10 Td (contained in Item8. Consolidated Financial Statements and Supplementary Data of this ) Tj ET Q q 0 0 0 rg BT 402.43 643.10 Td (Annual Report on Form10-K \(in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 631.10 Td (thousands, except for per share data\).) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 607.60 171.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 221.50 607.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 286.50 607.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 607.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 607.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 607.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 607.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 607.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 607.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 607.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 577.60 171.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 221.50 577.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 286.50 577.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 577.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 577.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 577.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 577.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 577.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 577.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 577.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 547.60 171.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 221.50 547.60 65.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 286.50 547.60 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 547.60 65.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 547.60 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 547.60 65.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 547.60 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 547.60 65.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 547.60 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 547.60 65.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 507.60 171.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 221.50 507.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 286.50 507.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 507.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 507.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 507.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 507.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 507.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 507.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 507.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 477.60 171.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 221.50 477.60 65.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 286.50 477.60 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 477.60 65.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 477.60 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 477.60 65.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 477.60 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 477.60 65.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 477.60 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 477.60 65.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 437.60 171.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 221.50 437.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 286.50 437.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 437.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 437.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 437.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 437.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 437.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 437.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 437.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 407.60 171.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 221.50 407.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 286.50 407.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 407.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 407.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 407.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 407.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 407.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 407.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 407.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 377.60 171.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 221.50 377.60 65.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 286.50 377.60 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 377.60 65.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 377.60 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 377.60 65.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 377.60 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 377.60 65.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 377.60 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 377.60 65.00 -25.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 607.6 m 286.5 607.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 290.5 607.6 m 355.5 607.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 607.6 m 424.5 607.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 607.6 m 493.5 607.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 607.6 m 562.5 607.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 607.6 m 286.5 607.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 290.5 607.6 m 355.5 607.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 607.6 m 424.5 607.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 607.6 m 562.5 607.6 l s BT /F2 8.00 Tf ET 0 0 0 RG /GS0 gs 0.76 w 0 i [] 0 d 1 J 1 j 3 M 53 610.580078125 m 90.619140625 610.580078125 l s q 0 0 0 rg BT 53.00 611.83 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 74.70 611.83 Td (Y) Tj ET Q q 0 0 0 rg BT 79.59 611.83 Td (ear) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 245.50 611.83 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 314.50 611.83 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 383.50 611.83 Td (2016) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 452.50 611.83 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 521.50 611.83 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 597.27 Td (Net sales) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 224.00 597.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 234.25 597.27 Td (2,541,488) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.00 597.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.25 597.27 Td (2,788,163) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.00 597.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.60 597.27 Td (3,042,371) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 597.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.60 597.27 Td (3,228,836) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 597.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.60 597.27 Td (3,509,691) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 582.27 Td (Gross profit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 234.25 582.27 Td (1,340,137) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.25 582.27 Td (1,358,839) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.60 582.27 Td (1,578,186) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.60 582.27 Td (1,753,467) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.60 582.27 Td (2,001,172) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 567.27 Td (Operating income \(loss\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 246.75 567.27 Td (62,71) Tj ET Q q 0 0 0 rg BT 269.25 567.27 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.45 567.27 Td (\(424,276) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.30 567.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.15 567.27 Td (127,146) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 567.27 Td (291,234) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.15 567.27 Td (566,536) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 552.27 Td (Net income \(loss\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 255.95 552.27 Td (\(938) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 274.30 552.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.45 552.27 Td (\(473,559) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.30 552.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.15 552.27 Td (85,603) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 552.27 Td (229,902) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.15 552.27 Td (386,61) Tj ET Q q 0 0 0 rg BT 548.65 552.27 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 537.27 Td (Net income \(loss\) attributable to Fossil) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 527.27 Td (Group, Inc.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.45 527.27 Td (\(3,478) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 274.30 527.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.45 527.27 Td (\(478,172) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.30 527.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.15 527.27 Td (78,868) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 527.27 Td (220,637) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.15 527.27 Td (376,707) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 512.27 Td (Earnings \(loss\) per share:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 283.00 512.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.00 512.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.00 512.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.00 512.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.00 512.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 497.27 Td (Basic) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 253.45 497.27 Td (\(0.07) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 274.30 497.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.45 497.27 Td (\(9.87) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.30 497.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.15 497.27 Td (1.64) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 497.27 Td (4.52) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 497.27 Td (7.12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 482.27 Td (Diluted) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 253.45 482.27 Td (\(0.07) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 274.30 482.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.45 482.27 Td (\(9.87) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.30 482.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.15 482.27 Td (1.63) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 482.27 Td (4.51) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 482.27 Td (7.10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 467.27 Td (W) Tj ET Q q 0 0 0 rg BT 62.04 467.27 Td (eighted average common shares and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 457.27 Td (common equivalent shares outstanding:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 283.00 457.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.00 457.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.00 457.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.00 457.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.00 457.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 442.27 Td (Basic) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 246.75 442.27 Td (49,196) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.75 442.27 Td (48,468) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.15 442.27 Td (48,136) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 442.27 Td (48,800) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 442.27 Td (52,882) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 427.27 Td (Diluted) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 246.75 427.27 Td (49,196) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.75 427.27 Td (48,468) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.15 427.27 Td (48,323) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 427.27 Td (48,924) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 427.27 Td (53,080) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 412.27 Td (W) Tj ET Q q 0 0 0 rg BT 62.04 412.27 Td (orking capital) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 224.00 412.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 241.75 412.27 Td (652,766) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.00 412.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.75 412.27 Td (781,900) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.00 412.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.15 412.27 Td (932,705) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 412.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 412.27 Td (953,141) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 412.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.60 412.27 Td (1,008,264) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 397.27 Td (T) Tj ET Q q 0 0 0 rg BT 58.76 397.27 Td (otal assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 234.25 397.27 Td (1,575,198) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.25 397.27 Td (1,658,372) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.60 397.27 Td (2,186,897) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.60 397.27 Td (2,355,661) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.60 397.27 Td (2,177,460) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 382.27 Td (T) Tj ET Q q 0 0 0 rg BT 58.76 382.27 Td (otal long-term liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 241.75 382.27 Td (380,764) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.75 382.27 Td (568,337) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.15 382.27 Td (756,874) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 382.27 Td (933,589) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.15 382.27 Td (747,351) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 367.27 Td (Stockholders' equity attributable to) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 357.27 Td (Fossil Group, Inc.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 241.75 357.27 Td (585,543) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.75 357.27 Td (576,133) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.60 357.27 Td (1,006,236) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 357.27 Td (921,388) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.15 357.27 Td (977,860) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 342.27 Td (Return on average stockholders' equity ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 332.27 Td (attributable to Fossil Group,Inc.) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 183.54 336.80 Td (\(1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.45 332.27 Td (\(0.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 274.30 332.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.45 332.27 Td (\(62.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.30 332.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.15 332.27 Td (8.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.65 332.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 332.27 Td (24.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 332.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 332.27 Td (37.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 332.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 318.50 Td (_______________________________________________) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 50.00 302.03 Td (\(1\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 297.50 Td (Calculated by dividing net income \(loss\) attributable to Fossil Group,Inc. by five quarter average stockholders' equity ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 285.50 Td (attributable to Fossil Group,Inc.) Tj ET Q endstream endobj 59 0 obj <>] /Rotate 0 /Contents 60 0 R>> endobj 60 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (26) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Item7.Management's Discussion and ) Tj ET Q q 0 0 0 rg BT 220.84 742.25 Td (Analysis of Financial Condition and Results of Operations) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 721.25 Td (Summary) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 700.25 Td (W) Tj ET Q q 0 0 0 rg BT 82.64 700.25 Td (e are a global design, marketing and distribution company that specializes in consumer fashion accessories. Our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 688.25 Td (principal of) Tj ET Q q 0 0 0 rg BT 96.19 688.25 Td (ferings include an extensive line of men's and women's fashion watches and jewelry) Tj ET Q q 0 0 0 rg BT 431.82 688.25 Td (, handbags, small leather goods, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 676.25 Td (belts, and sunglasses. In the watch and jewelry product categories, we have a diverse portfolio of globally recognized owned ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 664.25 Td (and licensed brand names under which our products are marketed. Our products are distributed globally through various ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 652.25 Td (distribution channels including wholesale in countries where we have a physical presence, direct to the consumer through our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 640.25 Td (retail stores and commercial websites and through third-party distributors in countries where we do not maintain a physical ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 628.25 Td (presence. Our products are of) Tj ET Q q 0 0 0 rg BT 167.82 628.25 Td (fered at varying price points to meet the needs of our customers, whether they are value-conscious ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 616.25 Td (or luxury oriented. Based on our extensive range of accessory products, brands, distribution channels and price points, we are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 604.25 Td (able to tar) Tj ET Q q 0 0 0 rg BT 89.80 604.25 Td (get style-conscious consumers across a wide age spectrum on a global basis.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 583.25 Td (Domestically) Tj ET Q q 0 0 0 rg BT 126.67 583.25 Td (, we sell our products through a diversified distribution network that includes department stores, specialty ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 571.25 Td (retail locations, specialty watch and jewelry stores, Company-owned retail and outlet stores, mass market stores, through our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 559.25 Td (FOSSIL) Tj ET Q q 0 0 0 rg BT 82.97 559.25 Td ( website and third party websites. Our wholesale customer base includes, among others, ) Tj ET Q q 0 0 0 rg BT 436.22 559.25 Td (Amazon, Best Buy) Tj ET Q q 0 0 0 rg BT 511.40 559.25 Td (, Dillard's, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 547.25 Td (JCPenney) Tj ET Q q 0 0 0 rg BT 89.35 547.25 Td (, Kohl's, Macy's, Neiman Marcus, Nordstrom, Saks Fifth ) Tj ET Q q 0 0 0 rg BT 318.77 547.25 Td (A) Tj ET Q q 0 0 0 rg BT 325.25 547.25 Td (venue, ) Tj ET Q q 0 0 0 rg BT 353.95 547.25 Td (T) Tj ET Q q 0 0 0 rg BT 359.36 547.25 Td (ar) Tj ET Q q 0 0 0 rg BT 366.94 547.25 Td (get and ) Tj ET Q q 0 0 0 rg BT 398.42 547.25 Td (W) Tj ET Q q 0 0 0 rg BT 407.06 547.25 Td (al-Mart. In the U.S., our network of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 535.25 Td (Company-owned stores included ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 184.14 535.25 Td (63) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 194.14 535.25 Td ( retail stores located in premier retail sites and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.02 535.25 Td (1) Tj ET Q q 0 0 0 rg BT 385.64 535.25 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.64 535.25 Td ( outlet stores located in major outlet ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 523.25 Td (malls as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.83 523.25 Td (December29, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 174.41 523.25 Td (. In addition, we of) Tj ET Q q 0 0 0 rg BT 250.32 523.25 Td (fer an extensive collection of our FOSSIL) Tj ET Q q 0 0 0 rg BT 417.69 523.25 Td ( brand products on our website, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 511.25 Td (www) Tj ET Q q 0 0 0 rg BT 69.27 511.25 Td (.fossil.com) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.05 511.25 Td (, as well as proprietary and licensed watch and jewelry brands through other managed and af) Tj ET Q q 0 0 0 rg BT 482.29 511.25 Td (filiated websites.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 490.25 Td (Internationally) Tj ET Q q 0 0 0 rg BT 132.22 490.25 Td (, our products are sold to department stores, specialty retail stores, specialty watch and jewelry stores and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 478.25 Td (through third party websites in approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 235.52 478.25 Td (150) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 250.52 478.25 Td ( countries worldwide through ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.05 478.25 Td (23) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.05 478.25 Td ( Company-owned foreign sales subsidiaries ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 466.25 Td (and through a network of approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 213.84 466.25 Td (70) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 223.84 466.25 Td ( independent distributors. Internationally) Tj ET Q q 0 0 0 rg BT 386.49 466.25 Td (, our network of Company-owned stores ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.25 Td (included ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.93 454.25 Td (181) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 101.93 454.25 Td ( retail stores and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 170.24 454.25 Td (127) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 185.24 454.25 Td ( outlet stores as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 260.51 454.25 Td (December29, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.09 454.25 Td (. Our products are also sold through licensed and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.25 Td (franchised FOSSIL) Tj ET Q q 0 0 0 rg BT 127.12 442.25 Td ( retail stores, retail concessions operated by us and kiosks in certain international markets. In addition, we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.25 Td (of) Tj ET Q q 0 0 0 rg BT 58.15 430.25 Td (fer an extensive collection of our FOSSIL) Tj ET Q q 0 0 0 rg BT 225.51 430.25 Td ( brand products on our websites in certain countries.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 409.25 Td (Our consolidated gross profit mar) Tj ET Q q 0 0 0 rg BT 208.79 409.25 Td (gin is impacted by our diversified business model that includes, but is not limited to: ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 397.25 Td (\(i\)a significant number of product categories we distribute, \(ii\)the multiple brands we of) Tj ET Q q 0 0 0 rg BT 407.21 397.25 Td (fer within several product categories, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 385.25 Td (\(iii\)the geographical presence of our businesses and \(iv\)the dif) Tj ET Q q 0 0 0 rg BT 304.73 385.25 Td (ferent distribution channels we sell to or through. ) Tj ET Q q 0 0 0 rg BT 504.23 385.25 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 373.25 Td (components of this diversified business model produce varying ranges of gross profit mar) Tj ET Q q 0 0 0 rg BT 408.63 373.25 Td (gin. Generally) Tj ET Q q 0 0 0 rg BT 465.19 373.25 Td (, on a historical basis, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 361.25 Td (our fashion branded watch and jewelry of) Tj ET Q q 0 0 0 rg BT 216.43 361.25 Td (ferings produce higher gross profit mar) Tj ET Q q 0 0 0 rg BT 373.14 361.25 Td (gins than our leather goods of) Tj ET Q q 0 0 0 rg BT 492.10 361.25 Td (ferings. In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 349.25 Td (addition, in most product categories that we of) Tj ET Q q 0 0 0 rg BT 235.88 349.25 Td (fer) Tj ET Q q 0 0 0 rg BT 246.58 349.25 Td (, brands with higher retail price points generally produce higher gross profit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 337.25 Td (mar) Tj ET Q q 0 0 0 rg BT 65.37 337.25 Td (gins compared to those of lower retail priced brands and connected products carry relatively lower mar) Tj ET Q q 0 0 0 rg BT 476.97 337.25 Td (gins than traditional ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 325.25 Td (products. Gross profit mar) Tj ET Q q 0 0 0 rg BT 155.36 325.25 Td (gins related to sales in our Europe and ) Tj ET Q q 0 0 0 rg BT 310.32 325.25 Td (Asia businesses are historically higher than our ) Tj ET Q q 0 0 0 rg BT 501.11 325.25 Td (Americas ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 313.25 Td (business, primarily due to the following factors: \(i\)premiums char) Tj ET Q q 0 0 0 rg BT 315.87 313.25 Td (ged in comparison to retail prices on products sold in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 301.25 Td (U.S.; \(ii\)the product sales mix in our international businesses, in comparison to our ) Tj ET Q q 0 0 0 rg BT 386.89 301.25 Td (Americas business, is comprised more ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 289.25 Td (predominantly of watches and jewelry that generally produce higher gross profit mar) Tj ET Q q 0 0 0 rg BT 389.43 289.25 Td (gins than leather goods; and \(iii\)the watch ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 277.25 Td (sales mix in our Europe and ) Tj ET Q q 0 0 0 rg BT 163.87 277.25 Td (Asia businesses, in comparison to our ) Tj ET Q q 0 0 0 rg BT 316.91 277.25 Td (Americas business, are comprised more predominantly of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 265.25 Td (higher priced licensed brands.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 244.25 Td (Our business is subject to the risks inherent in global sourcing supply) Tj ET Q q 0 0 0 rg BT 350.82 244.25 Td (. Certain key components in our products come ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 232.25 Td (from limited sources of supply) Tj ET Q q 0 0 0 rg BT 172.11 232.25 Td (, which exposes us to potential supply shortages that could disrupt the manufacture and sale of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 220.25 Td (our products. ) Tj ET Q q 0 0 0 rg BT 104.72 220.25 Td (Any interruption or delay in the supply of key components could significantly harm our ability to meet scheduled ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 208.25 Td (product deliveries to our customers and cause us to lose sales. Interruptions or delays in supply may be caused by a number of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 196.25 Td (factors that are outside of our and our contractor manufacturers' control.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 175.25 Td (Ef) Tj ET Q q 0 0 0 rg BT 81.76 175.25 Td (fective for the fourth quarter of fiscal year 2018, we made changes to the presentation of reportable segments to reflect ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 163.25 Td (changes in the way our chief operating decision maker evaluates the performance of our operations, develops strategy) Tj ET Q q 0 0 0 rg BT 520.56 163.25 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 151.25 Td (allocates capital resources. Certain peripheral revenue generating activities related to our factories and intellectual property ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 139.25 Td (previously recorded within the ) Tj ET Q q 0 0 0 rg BT 174.41 139.25 Td (Americas, ) Tj ET Q q 0 0 0 rg BT 217.18 139.25 Td (Asia and Europe segments have been reclassified to Corporate. For comparison ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 127.25 Td (purposes, our historical segment disclosures have been recast to be consistent with the current presentation. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 106.25 Td (This discussion should be read in conjunction with our consolidated financial statements and the related notes included ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 94.25 Td (therewith.) Tj ET Q endstream endobj 61 0 obj <>] /Rotate 0 /Contents 62 0 R>> endobj 62 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (27) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Critical ) Tj ET Q q 0 0 0 rg BT 84.71 742.25 Td (Accounting Policies and Estimates) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 721.25 Td (The preparation of the consolidated financial statements in conformity with accounting principles generally accepted in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 709.25 Td (the U.S. requires us to make estimates and assumptions that af) Tj ET Q q 0 0 0 rg BT 299.21 709.25 Td (fect the reported amounts of assets and liabilities and the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 697.25 Td (disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 685.25 Td (revenues and expenses during the reporting period. On an ongoing basis, we evaluate our estimates and judgments, including ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 673.25 Td (those related to product returns, bad debt, inventories, long-lived asset impairment, impairment of goodwill and trade names, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 661.25 Td (income taxes, warranty costs and litigation liabilities. ) Tj ET Q q 0 0 0 rg BT 265.60 661.25 Td (W) Tj ET Q q 0 0 0 rg BT 274.24 661.25 Td (e base our estimates and judgments on historical experience and on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 649.25 Td (various other factors that we believe to be reasonable under the circumstances. Our estimates form the basis for making ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 637.25 Td (judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. ) Tj ET Q q 0 0 0 rg BT 484.87 637.25 Td (Actual results may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 625.25 Td (dif) Tj ET Q q 0 0 0 rg BT 60.93 625.25 Td (fer from these estimates under dif) Tj ET Q q 0 0 0 rg BT 195.42 625.25 Td (ferent assumptions or conditions. ) Tj ET Q q 0 0 0 rg BT 330.50 625.25 Td (W) Tj ET Q q 0 0 0 rg BT 339.14 625.25 Td (e believe the following critical accounting policies ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 613.25 Td (require the most significant estimates and judgments.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 74.00 592.25 Td (Product Returns.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 144.57 592.25 Td () Tj ET Q q 0 0 0 rg BT 154.39 592.25 Td (W) Tj ET Q q 0 0 0 rg BT 163.03 592.25 Td (e accept limited returns and may request that a customer return a product if we feel the customer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 580.25 Td (has an excess of any style that we have identified as being a poor performer for that customer or geographic location. ) Tj ET Q q 0 0 0 rg BT 520.76 580.25 Td (W) Tj ET Q q 0 0 0 rg BT 529.40 580.25 Td (e ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 568.25 Td (monitor returns and maintain a provision for estimated returns based upon historical experience and any specific issues ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 556.25 Td (identified. ) Tj ET Q q 0 0 0 rg BT 93.14 556.25 Td (While returns have historically been within our expectations and the provisions established, future return rates may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 544.25 Td (dif) Tj ET Q q 0 0 0 rg BT 60.93 544.25 Td (fer from those experienced in the past. In the event that our products are performing poorly in the retail market and/or we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 532.25 Td (experience product damages or defects at a rate significantly higher than our historical rate, the resulting returns could have an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 520.25 Td (adverse impact on the operating results for the period or periods in which such returns occur) Tj ET Q q 0 0 0 rg BT 418.50 520.25 Td (. If our allowance for product ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 508.25 Td (returns were to change by 10%, the impact, excluding taxes, would have been an approximate $3.5million change to net ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 496.25 Td (income \(loss\).) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 74.00 475.25 Td (Inventories.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 123.17 475.25 Td (Inventories are stated at the lower of cost and net realizable value, including any applicable duty and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 463.25 Td (freight char) Tj ET Q q 0 0 0 rg BT 96.18 463.25 Td (ges. ) Tj ET Q q 0 0 0 rg BT 114.33 463.25 Td (W) Tj ET Q q 0 0 0 rg BT 122.97 463.25 Td (e account for estimated obsolescence or unmarketable inventory equal to the dif) Tj ET Q q 0 0 0 rg BT 442.39 463.25 Td (ference between the average ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 451.25 Td (cost of inventory and the estimated net realizable value based upon assumptions about future demand, market conditions and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 439.25 Td (available liquidation channels. If actual future demand or market conditions are less favorable than those projected by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 427.25 Td (management, or if liquidation channels are not readily available, additional inventory valuation reductions may be required. ) Tj ET Q q 0 0 0 rg BT 547.15 427.25 Td (W) Tj ET Q q 0 0 0 rg BT 555.79 427.25 Td (e ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 415.25 Td (assess our of) Tj ET Q q 0 0 0 rg BT 100.92 415.25 Td (f-price sales on an ongoing basis and update our estimates accordingly) Tj ET Q q 0 0 0 rg BT 382.41 415.25 Td (. Revenue from sales of our products that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 403.25 Td (are subject to inventory consignment agreements is recognized when title and risk of loss transfers, delivery has occurred and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 391.25 Td (in an amount that reflects the consideration we expect to be entitled in exchange for the product.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 74.00 370.25 Td (Impairment of Goodwill and T) Tj ET Q q 0 0 0 rg BT 199.75 370.25 Td (rade Names.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.41 370.25 Td (In fiscal year 2017, we determined goodwill was fully impaired and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 358.25 Td (recognized a pre-tax impairment char) Tj ET Q q 0 0 0 rg BT 199.74 358.25 Td (ge in operations of $202.3 million, $1) Tj ET Q q 0 0 0 rg BT 350.46 358.25 Td (14.3 million and $42.9 million in the ) Tj ET Q q 0 0 0 rg BT 499.63 358.25 Td (Americas, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 346.25 Td (Europe and ) Tj ET Q q 0 0 0 rg BT 97.76 346.25 Td (Asia segments, respectively) Tj ET Q q 0 0 0 rg BT 208.47 346.25 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 325.25 Td (W) Tj ET Q q 0 0 0 rg BT 82.64 325.25 Td (e evaluate indefinite-lived trade names by comparing the fair value of the asset to its recorded value annually as of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 313.25 Td (end of the fiscal year and whenever events or conditions indicate that the carrying value of the trade name may not be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 301.25 Td (recoverable. ) Tj ET Q q 0 0 0 rg BT 101.45 301.25 Td (The fair value of the asset is estimated using discounted cash flow methodologies. For fiscal year 2018, a discount ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 289.25 Td (rate of 12% and a royalty rate of 3% were used to estimate the SKAGEN trade name fair value. For fiscal year 2018, a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 277.25 Td (discount rate of 1) Tj ET Q q 0 0 0 rg BT 119.33 277.25 Td (1% and a royalty rate of 4.5% were used to estimate the MICHELE trade name fair value. ) Tj ET Q q 0 0 0 rg BT 481.51 277.25 Td (The SKAGEN ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 265.25 Td (trade name represented approximately 66% of our total trade name balance at the end of fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.98 265.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.98 265.25 Td (, 71% at the end of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 253.25 Td (fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 93.86 253.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.86 253.25 Td ( and 63% at the end of fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 250.20 253.25 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.20 253.25 Td (. ) Tj ET Q q 0 0 0 rg BT 275.01 253.25 Td (The MICHELE trade name represented approximately 34% of our total ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 241.25 Td (trade name balances at the end of fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 229.63 241.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.63 241.25 Td (, 29% at the end of fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.52 241.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.52 241.25 Td ( and 21% at the end of fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.86 241.25 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.86 241.25 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 229.25 Td (In fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.69 229.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 124.69 229.25 Td (, as a result of interim impairment testing, we recorded impairment char) Tj ET Q q 0 0 0 rg BT 411.91 229.25 Td (ges of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.57 229.25 Td ($6.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.47 229.25 Td ( related to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 217.25 Td (SKAGEN trade name, and no impairment char) Tj ET Q q 0 0 0 rg BT 237.26 217.25 Td (ges were recorded to the MICHELE trade name. In fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.26 217.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.26 217.25 Td (, we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 205.25 Td (recorded impairment char) Tj ET Q q 0 0 0 rg BT 153.10 205.25 Td (ges of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 179.76 205.25 Td ($28.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 233.65 205.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 253.09 205.25 Td ($7.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.98 205.25 Td ( related to the SKAGEN and the MICHELE trade names, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 193.25 Td (respectively) Tj ET Q q 0 0 0 rg BT 97.66 193.25 Td (. In fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 157.35 193.25 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 177.35 193.25 Td (, no impairment char) Tj ET Q q 0 0 0 rg BT 260.48 193.25 Td (ges were recorded related to the SKAGEN or MICHELE trade names. ) Tj ET Q q 0 0 0 rg BT 543.72 193.25 Td (As ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 181.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.83 181.25 Td (December29, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 139.41 181.25 Td (, the fair value of the SKAGEN trade name exceeded its carrying value by approximately 6%, and the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 169.25 Td (fair value of the MICHELE trade name exceeded its carrying value by approximately 24%. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 148.25 Td (The MISFIT) Tj ET Q q 0 0 0 rg BT 123.15 148.25 Td ( trade name was being amortized over its estimated useful life; however) Tj ET Q q 0 0 0 rg BT 410.15 148.25 Td (, during fiscal year 2017, the trade ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 136.25 Td (name was deemed not recoverable, resulting in an impairment char) Tj ET Q q 0 0 0 rg BT 318.05 136.25 Td (ge of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.82 136.25 Td ($1) Tj ET Q q 0 0 0 rg BT 350.44 136.25 Td (1.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.34 136.25 Td (. ) Tj ET Q q 0 0 0 rg BT 399.16 136.25 Td (The MISFIT) Tj ET Q q 0 0 0 rg BT 449.80 136.25 Td ( trade name represented ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 124.25 Td (approximately 15% of our total trade name balance at the end of fiscal year 2016.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 103.25 Td ( Due to the inherent uncertainties involved in making the estimates and assumptions used in the fair value analysis, actual ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 91.25 Td (results may dif) Tj ET Q q 0 0 0 rg BT 109.25 91.25 Td (fer) Tj ET Q q 0 0 0 rg BT 119.95 91.25 Td (, which could alter the fair value of the trade names and possibly cause impairment char) Tj ET Q q 0 0 0 rg BT 471.31 91.25 Td (ges to occur in future ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 79.25 Td (periods.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 58.25 Td (Judgments and assumptions are inherent in our estimate of future cash flows used to determine the estimate of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 46.25 Td (reporting unit's fair value. ) Tj ET Q q 0 0 0 rg BT 155.76 46.25 Td (The most significant assumptions associated with the fair value calculations include net sales growth ) Tj ET Q endstream endobj 63 0 obj <>] /Rotate 0 /Contents 64 0 R>> endobj 64 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (28) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (rates and discount rates. If the actual future sales results do not meet the assumed growth rates, future impairments of trade ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (names may be incurred.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 74.00 709.10 Td (Property) Tj ET Q q 0 0 0 rg BT 109.18 709.10 Td (, Plant and Equipment Impairment.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 256.43 709.10 Td () Tj ET Q q 0 0 0 rg BT 266.25 709.10 Td (W) Tj ET Q q 0 0 0 rg BT 274.88 709.10 Td (e test for asset impairment of property) Tj ET Q q 0 0 0 rg BT 426.96 709.10 Td (, plant and equipment assets ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 697.10 Td (whenever events or conditions indicate that the carrying value of an asset might not be recoverable based on expected ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 685.10 Td (undiscounted cash flows related to the asset. In evaluating long-lived assets for recoverability) Tj ET Q q 0 0 0 rg BT 423.40 685.10 Td (, we calculate fair value using our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 673.10 Td (best estimate of future cash flows expected to result from the use of the asset and its eventual disposition. ) Tj ET Q q 0 0 0 rg BT 473.60 673.10 Td (When undiscounted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 661.10 Td (cash flows estimated to be generated through the operations of our Company-owned retail stores are less than the carrying ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 649.10 Td (value of the underlying assets, the assets are impaired. If it is determined that assets are impaired, an impairment loss is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 637.10 Td (recognized for the amount that the asset's book value exceeds its fair value. Should actual results or market conditions dif) Tj ET Q q 0 0 0 rg BT 535.37 637.10 Td (fer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 625.10 Td (from those anticipated, additional losses may be recorded. ) Tj ET Q q 0 0 0 rg BT 284.75 625.10 Td (W) Tj ET Q q 0 0 0 rg BT 293.38 625.10 Td (e recorded impairment losses in restructuring char) Tj ET Q q 0 0 0 rg BT 493.69 625.10 Td (ges of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 613.10 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.26 613.10 Td ($1.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.15 613.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 164.15 613.10 Td ($8.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 213.04 613.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 232.48 613.10 Td ($13.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.37 613.10 Td ( in fiscal years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.90 613.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.90 613.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.90 613.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.90 613.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.34 613.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.34 613.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 484.00 613.10 Td (. ) Tj ET Q q 0 0 0 rg BT 488.82 613.10 Td (W) Tj ET Q q 0 0 0 rg BT 497.46 613.10 Td (e recorded ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 601.10 Td (impairment losses in selling, general, and administrative expenses of approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.69 601.10 Td ($1.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.58 601.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.58 601.10 Td ($1.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.47 601.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.91 601.10 Td ($0.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.80 601.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 589.10 Td (in fiscal years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.03 589.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.03 589.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 133.03 589.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 153.03 589.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 172.47 589.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 192.47 589.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 245.13 589.10 Td (. In fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.32 589.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.32 589.10 Td (, an increase of 100basis points to the discount rate used ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 577.10 Td (in our impairment testing would not have resulted in additional impairment expense. ) Tj ET Q q 0 0 0 rg BT 390.21 577.10 Td (A) Tj ET Q q 0 0 0 rg BT 396.88 577.10 Td ( 10% decrease in future expected cash ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 565.10 Td (flows would have increased impairment expense by $0.3million. ) Tj ET Q q 0 0 0 rg BT 313.37 565.10 Td (W) Tj ET Q q 0 0 0 rg BT 322.01 565.10 Td (e recorded non-impairment restructuring char) Tj ET Q q 0 0 0 rg BT 503.97 565.10 Td (ges related to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 553.10 Td (the write of) Tj ET Q q 0 0 0 rg BT 95.91 553.10 Td (f of property) Tj ET Q q 0 0 0 rg BT 145.80 553.10 Td (, plant and equipment of approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.04 553.10 Td ($0.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.93 553.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.93 553.10 Td ($0.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.82 553.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.26 553.10 Td ($1.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.15 553.10 Td ( in fiscal years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.68 553.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.68 553.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 541.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 541.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.44 541.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 109.44 541.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 162.10 541.10 Td (. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 74.00 520.10 Td (I) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 77.33 520.10 Td (ncome T) Tj ET Q q 0 0 0 rg BT 112.24 520.10 Td (axes.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 133.07 520.10 Td () Tj ET Q q 0 0 0 rg BT 142.89 520.10 Td (W) Tj ET Q q 0 0 0 rg BT 151.52 520.10 Td (e record valuation allowances against our deferred tax assets, when necessary) Tj ET Q q 0 0 0 rg BT 461.02 520.10 Td (, in accordance with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 508.10 Td (ASC 740,) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 89.45 508.10 Td ( Income T) Tj ET Q q 0 0 0 rg BT 128.53 508.10 Td (axes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 146.29 508.10 Td ( \("ASC 740"\). Realization of deferred tax assets is dependent on future taxable earnings and is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 496.10 Td (therefore uncertain. ) Tj ET Q q 0 0 0 rg BT 130.23 496.10 Td (At least quarterly) Tj ET Q q 0 0 0 rg BT 199.00 496.10 Td (, we assess the likelihood that our deferred tax asset balance will be recovered from future ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 484.10 Td (taxable income. ) Tj ET Q q 0 0 0 rg BT 115.63 484.10 Td (T) Tj ET Q q 0 0 0 rg BT 121.04 484.10 Td (o the extent we believe that recovery is not likely) Tj ET Q q 0 0 0 rg BT 317.26 484.10 Td (, we establish a valuation allowance against our deferred tax ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 472.10 Td (asset, increasing our income tax expense in the period such determination is made. ) Tj ET Q q 0 0 0 rg BT 385.27 472.10 Td (The valuation allowance for fiscal years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 460.10 Td (2018, 2017 and 2016 was $95.8 million, $78.3 million, and $19.4 million, respectively) Tj ET Q q 0 0 0 rg BT 396.26 460.10 Td (. In addition, in fiscal year 2018, we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 448.10 Td (recorded a state deferred tax liability of $0.5 million on foreign earnings not considered to be indefinitely reinvested outside of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 436.10 Td (the U.S.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 415.10 Td (Our continuing practice is to recognize interest and penalties related to income tax matters in income tax expense. ) Tj ET Q q 0 0 0 rg BT 531.71 415.10 Td (W) Tj ET Q q 0 0 0 rg BT 540.35 415.10 Td (e ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 403.10 Td (accrue an amount for our estimate of additional income tax liability which we believe we are more likely than not to incur as a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 391.10 Td (result of the ultimate resolution of tax audits \("uncertain tax positions"\). ) Tj ET Q q 0 0 0 rg BT 340.14 391.10 Td (W) Tj ET Q q 0 0 0 rg BT 348.78 391.10 Td (e review and update the estimates used in the accrual ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 379.10 Td (for uncertain tax positions as more definitive information becomes available from taxing authorities, upon completion of tax ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 367.10 Td (audits, upon expiration of statutes of limitation, or upon occurrence of other events. ) Tj ET Q q 0 0 0 rg BT 386.40 367.10 Td (The results of operations and financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 355.10 Td (position for future periods could be impacted by changes in assumptions or resolutions of tax audits.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 334.10 Td (The new Global Intangible Low-T) Tj ET Q q 0 0 0 rg BT 209.54 334.10 Td (axed Income \(GIL) Tj ET Q q 0 0 0 rg BT 286.91 334.10 Td (TI\) provisions of the ) Tj ET Q q 0 0 0 rg BT 376.15 334.10 Td (T) Tj ET Q q 0 0 0 rg BT 381.56 334.10 Td (ax Cuts and Jobs ) Tj ET Q q 0 0 0 rg BT 451.01 334.10 Td (Act \(the "T) Tj ET Q q 0 0 0 rg BT 495.49 334.10 Td (ax ) Tj ET Q q 0 0 0 rg BT 506.88 334.10 Td (Act"\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 322.10 Td (requiring the inclusion of certain foreign earnings in U.S. taxable income increased our ef) Tj ET Q q 0 0 0 rg BT 408.86 322.10 Td (fective tax rate in fiscal 2018 and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 310.10 Td (could have an adverse impact in future years. Due to the complexity of these new tax rules, we are continuing to evaluate these ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 298.10 Td (provisions of the ) Tj ET Q q 0 0 0 rg BT 119.54 298.10 Td (T) Tj ET Q q 0 0 0 rg BT 124.95 298.10 Td (ax ) Tj ET Q q 0 0 0 rg BT 136.33 298.10 Td (Act as the Internal Revenue Service \("IRS"\) and the U.S. ) Tj ET Q q 0 0 0 rg BT 367.03 298.10 Td (T) Tj ET Q q 0 0 0 rg BT 372.78 298.10 Td (reasury Department \("T) Tj ET Q q 0 0 0 rg BT 467.58 298.10 Td (reasury"\) issue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 286.10 Td (guidance and regulations. ) Tj ET Q q 0 0 0 rg BT 157.29 286.10 Td (The GIL) Tj ET Q q 0 0 0 rg BT 191.07 286.10 Td (TI impact will be accounted for as incurred under the period cost method.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 265.10 Td (Accounting for the income tax ef) Tj ET Q q 0 0 0 rg BT 204.77 265.10 Td (fects of the ) Tj ET Q q 0 0 0 rg BT 251.51 265.10 Td (T) Tj ET Q q 0 0 0 rg BT 256.92 265.10 Td (ax ) Tj ET Q q 0 0 0 rg BT 268.31 265.10 Td (Act requires significant judgments and estimates in the interpretation and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 253.10 Td (calculations of the provisions of the ) Tj ET Q q 0 0 0 rg BT 195.34 253.10 Td (T) Tj ET Q q 0 0 0 rg BT 200.75 253.10 Td (ax ) Tj ET Q q 0 0 0 rg BT 212.14 253.10 Td (Act. Due to the timing of the enactment and the complexity involved in applying the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 241.10 Td (provisions of the ) Tj ET Q q 0 0 0 rg BT 119.54 241.10 Td (T) Tj ET Q q 0 0 0 rg BT 124.95 241.10 Td (ax ) Tj ET Q q 0 0 0 rg BT 136.33 241.10 Td (Act, we made reasonable estimates of the ef) Tj ET Q q 0 0 0 rg BT 312.19 241.10 Td (fects and recorded provisional amounts in our financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 229.10 Td (statements for fiscal year 2017 as permitted under Staf) Tj ET Q q 0 0 0 rg BT 268.08 229.10 Td (f ) Tj ET Q q 0 0 0 rg BT 273.36 229.10 Td (Accounting Bulletin No. 1) Tj ET Q q 0 0 0 rg BT 379.09 229.10 Td (18, \(SAB 1) Tj ET Q q 0 0 0 rg BT 428.44 229.10 Td (18\)) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 448.71 229.10 Td (Income T) Tj ET Q q 0 0 0 rg BT 485.28 229.10 Td (ax ) Tj ET Q q 0 0 0 rg BT 497.04 229.10 Td (Accounting ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 217.10 Td (Implications of the T) Tj ET Q q 0 0 0 rg BT 132.13 217.10 Td (ax Cuts and Jobs ) Tj ET Q q 0 0 0 rg BT 203.06 217.10 Td (Act) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 216.39 217.10 Td (, which provides guidance on accounting for the ) Tj ET Q q 0 0 0 rg BT 411.43 217.10 Td (T) Tj ET Q q 0 0 0 rg BT 416.84 217.10 Td (ax ) Tj ET Q q 0 0 0 rg BT 428.22 217.10 Td (Act) Tj ET Q q 0 0 0 rg BT 445.44 217.10 Td (s impact. ) Tj ET Q q 0 0 0 rg BT 483.49 217.10 Td (Additional ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 205.10 Td (guidance was subsequently issued by ) Tj ET Q q 0 0 0 rg BT 201.18 205.10 Td (T) Tj ET Q q 0 0 0 rg BT 206.94 205.10 Td (reasury and the IRS, particularly with regard to the one-time repatriation tax on deferred ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 193.10 Td (foreign earnings. During fiscal 2018, we completed our accounting for the tax ef) Tj ET Q q 0 0 0 rg BT 371.93 193.10 Td (fects of the ) Tj ET Q q 0 0 0 rg BT 418.68 193.10 Td (T) Tj ET Q q 0 0 0 rg BT 424.09 193.10 Td (ax ) Tj ET Q q 0 0 0 rg BT 435.47 193.10 Td (Act and made adjustments to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 181.10 Td (the provisional amounts. In addition, our valuation allowance analysis is af) Tj ET Q q 0 0 0 rg BT 349.75 181.10 Td (fected by various aspects of the ) Tj ET Q q 0 0 0 rg BT 477.86 181.10 Td (T) Tj ET Q q 0 0 0 rg BT 483.27 181.10 Td (ax ) Tj ET Q q 0 0 0 rg BT 494.65 181.10 Td (Act, including ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 169.10 Td (the new limitation on the deductibility of interest expense and the impact of the GIL) Tj ET Q q 0 0 0 rg BT 385.65 169.10 Td (TI. ) Tj ET Q q 0 0 0 rg BT 399.91 169.10 Td (Those adjustments materially impacted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 157.10 Td (the provision for income taxes and the ef) Tj ET Q q 0 0 0 rg BT 213.38 157.10 Td (fective tax rate in fiscal 2018.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 74.00 136.10 Td (W) Tj ET Q q 0 0 0 rg BT 82.15 136.10 Td (arranty Costs.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 139.94 136.10 Td (Our watch products are covered by limited warranties against defects in materials or workmanship. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 124.10 Td (Historically) Tj ET Q q 0 0 0 rg BT 96.56 124.10 Td (, our FOSSIL) Tj ET Q q 0 0 0 rg BT 150.37 124.10 Td ( and RELIC watch products sold in the U.S. have been covered for warranty periods of 1) Tj ET Q q 0 0 0 rg BT 505.45 124.10 Td (1years and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 112.10 Td (12 years, respectively) Tj ET Q q 0 0 0 rg BT 136.26 112.10 Td (, and our SKAGEN branded watches have been covered by a lifetime warranty) Tj ET Q q 0 0 0 rg BT 451.32 112.10 Td (. Beginning in 2017, these ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 100.10 Td (brands are covered by a two year warranty) Tj ET Q q 0 0 0 rg BT 219.55 100.10 Td (. Generally) Tj ET Q q 0 0 0 rg BT 263.32 100.10 Td (, all other products, including leathers and jewelry) Tj ET Q q 0 0 0 rg BT 463.44 100.10 Td (, sold in the U.S. and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 88.10 Td (internationally are covered by a comparable one to two year warranty) Tj ET Q q 0 0 0 rg BT 327.56 88.10 Td (. ) Tj ET Q q 0 0 0 rg BT 332.38 88.10 Td (W) Tj ET Q q 0 0 0 rg BT 341.02 88.10 Td (e determine our warranty liability using historical ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 76.10 Td (warranty repair experience. ) Tj ET Q q 0 0 0 rg BT 164.10 76.10 Td (As changes occur in sales volumes and warranty costs, the warranty accrual is adjusted as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 64.10 Td (necessary) Tj ET Q q 0 0 0 rg BT 88.22 64.10 Td (. Due to the nature of connected products, their warranty costs are usually more than traditional products. ) Tj ET Q q 0 0 0 rg BT 510.86 64.10 Td (A) Tj ET Q q 0 0 0 rg BT 517.53 64.10 Td ( shift in ) Tj ET Q endstream endobj 65 0 obj <>] /Rotate 0 /Contents 66 0 R>> endobj 66 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (29) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (product mix from traditional to connected products generally results in an increase in warranty liabilities. ) Tj ET Q q 0 0 0 rg BT 473.02 742.10 Td (The year) Tj ET Q q 0 0 0 rg BT 508.08 742.10 Td (-end ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (warranty liability for fiscal years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 183.56 730.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 203.56 730.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 208.56 730.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 228.56 730.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.00 730.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.00 730.10 Td ( was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 288.55 730.10 Td ($22.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.44 730.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.44 730.10 Td ($19.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.33 730.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.77 730.10 Td ($15.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.66 730.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 527.32 730.10 Td (. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 709.10 Td (Results of Operations) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 688.10 Td (Executive Summary) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 667.10 Td (Our approach for fiscal 2018 was to plan our sales prudently) Tj ET Q q 0 0 0 rg BT 313.50 667.10 Td (, but operate all elements of our business with the goal of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 655.10 Td (improving profitability) Tj ET Q q 0 0 0 rg BT 140.78 655.10 Td (. During fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 220.48 655.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 240.48 655.10 Td (, net sales ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.13 655.10 Td (decreased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.55 655.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.05 655.10 Td (9%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.38 655.10 Td ( \() Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.21 655.10 Td (10%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.54 655.10 Td ( in constant currency\) as compared to fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 643.10 Td (2017. ) Tj ET Q q 0 0 0 rg BT 74.32 643.10 Td (The watch and accessory business is changing at a rapid pace around the globe, and we are on a multi-year journey to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 631.10 Td (transform our Company) Tj ET Q q 0 0 0 rg BT 144.94 631.10 Td (. Consumer preferences and shopping patterns continue to shift. Product innovation, particularly in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 619.10 Td (watches, has expanded the category overall, but has caused a move away from traditional product to connected watches. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 607.10 Td (Marketing, product information and consumer research on watches and fashion accessories are shifting from our traditional ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 595.10 Td (brick and mortar channels to online sites. ) Tj ET Q q 0 0 0 rg BT 216.50 595.10 Td (W) Tj ET Q q 0 0 0 rg BT 225.54 595.10 Td (ith our focus on profitability) Tj ET Q q 0 0 0 rg BT 338.20 595.10 Td (, we are exiting mar) Tj ET Q q 0 0 0 rg BT 417.71 595.10 Td (ginal businesses, closing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 583.10 Td (underperforming store locations, and as previously announced, we have terminated certain licensing agreements. ) Tj ET Q q 0 0 0 rg BT 503.05 583.10 Td (These exits ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 571.10 Td (and store closures had a negative impact on net sales year) Tj ET Q q 0 0 0 rg BT 279.77 571.10 Td (-over) Tj ET Q q 0 0 0 rg BT 300.67 571.10 Td (-year) Tj ET Q q 0 0 0 rg BT 320.80 571.10 Td (, reducing fiscal year 2018 net sales by approximately 490 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 559.10 Td (basis points when compared to fiscal year 2017, while improving overall profitability) Tj ET Q q 0 0 0 rg BT 390.44 559.10 Td (. ) Tj ET Q q 0 0 0 rg BT 395.26 559.10 Td (W) Tj ET Q q 0 0 0 rg BT 403.89 559.10 Td (e also continued to make progress ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 547.10 Td (strengthening our overall financial position and our capital structure, as we improved the ef) Tj ET Q q 0 0 0 rg BT 414.76 547.10 Td (ficiency of our working capital, with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 535.10 Td (particular focus on inventory productivity and turnover) Tj ET Q q 0 0 0 rg BT 269.44 535.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 514.10 Td (W) Tj ET Q q 0 0 0 rg BT 80.64 514.10 Td (e have four overall objectives driving our strategies and initiatives. Our first and most important priority this past year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 502.10 Td (was to improve our profitability and our financial condition. Due to structural changes in the watch and accessory categories, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 490.10 Td (we recognized the need to be highly focused on our overall profitability) Tj ET Q q 0 0 0 rg BT 335.70 490.10 Td (, which meant, at times, exiting less profitable parts of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 478.10 Td (our business, such as unprofitable stores, businesses and product lines. During fiscal year 2018 our sales decreased, but our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 466.10 Td (actions drove dramatic improvements in profitability) Tj ET Q q 0 0 0 rg BT 260.18 466.10 Td (, as operating income, excluding non-cash intangible asset impairment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 454.10 Td (char) Tj ET Q q 0 0 0 rg BT 66.53 454.10 Td (ges and restructuring, increased significantly as compared to fiscal year 2017. Our New ) Tj ET Q q 0 0 0 rg BT 421.78 454.10 Td (W) Tj ET Q q 0 0 0 rg BT 430.42 454.10 Td (orld Fossil \("NWF"\) initiatives ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 442.10 Td (continue to contribute significantly to our profit improvement ef) Tj ET Q q 0 0 0 rg BT 306.48 442.10 Td (forts through a combination of pricing programs, direct and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 430.10 Td (indirect sourcing ef) Tj ET Q q 0 0 0 rg BT 127.07 430.10 Td (forts and or) Tj ET Q q 0 0 0 rg BT 172.99 430.10 Td (ganizational ef) Tj ET Q q 0 0 0 rg BT 231.94 430.10 Td (ficiency initiatives. Since we began the NWF program late in fiscal year 2016, we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 418.10 Td (have been pleased with the Company's ef) Tj ET Q q 0 0 0 rg BT 214.40 418.10 Td (forts and remain on track to achieve our NWF objectives.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 397.10 Td (Our second key objective was to continue to focus on innovation and design in the watch category) Tj ET Q q 0 0 0 rg BT 464.58 397.10 Td (. In traditional watches, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 385.10 Td (we used bold color and designs as a way to capture the consumer) Tj ET Q q 0 0 0 rg BT 310.35 385.10 Td () Tj ET Q q 0 0 0 rg BT 313.13 385.10 Td (s attention. Our black-out approach for FOSSIL) Tj ET Q q 0 0 0 rg BT 515.48 385.10 Td ( brand, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 373.10 Td (strong color of) Tj ET Q q 0 0 0 rg BT 108.20 373.10 Td (ferings for SKAGEN, and striking design statements in DIESEL) Tj ET Q q 0 0 0 rg BT 365.84 373.10 Td ( drove improvements in sales trends and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 361.10 Td (demonstrated the impact that newness can bring to the traditional category) Tj ET Q q 0 0 0 rg BT 346.53 361.10 Td (. In connected watches, our new Gen4 product with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 349.10 Td (heart rate monitoring, GPS, and Google Pay sold at higher rates than Gen3 product in both direct and indirect channels. Our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 337.10 Td (new FOSSIL) Tj ET Q q 0 0 0 rg BT 101.63 337.10 Td ( sport of) Tj ET Q q 0 0 0 rg BT 134.78 337.10 Td (fering generated strong sales on limited availability) Tj ET Q q 0 0 0 rg BT 339.63 337.10 Td (. ) Tj ET Q q 0 0 0 rg BT 346.95 337.10 Td (This watch has the latest Qualcomm 3100 chip which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 325.10 Td (has improved battery life and faster processing. Our connected product represented 20% of our total watch sales in 2018, with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 313.10 Td (our ) Tj ET Q q 0 0 0 rg BT 64.78 313.10 Td (America) Tj ET Q q 0 0 0 rg BT 101.98 313.10 Td (s region reaching 22%. For FOSSIL) Tj ET Q q 0 0 0 rg BT 248.54 313.10 Td ( brand, wearables were 28% of total brand watch sales for 2018, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 301.10 Td (exceeded 30% in our ) Tj ET Q q 0 0 0 rg BT 135.58 301.10 Td (America) Tj ET Q q 0 0 0 rg BT 172.78 301.10 Td (s region. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 280.10 Td (Our third key strategy was to invest in digital marketing and expand our ef) Tj ET Q q 0 0 0 rg BT 370.35 280.10 Td (forts in e-commerce, particularly for our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 268.10 Td (FOSSIL) Tj ET Q q 0 0 0 rg BT 82.47 268.10 Td ( brand. ) Tj ET Q q 0 0 0 rg BT 112.56 268.10 Td (W) Tj ET Q q 0 0 0 rg BT 121.20 268.10 Td (e continue to focus our media mix on digital, investing in digital channels, including social media, digital ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 256.10 Td (media and paid search. ) Tj ET Q q 0 0 0 rg BT 143.45 256.10 Td (W) Tj ET Q q 0 0 0 rg BT 152.08 256.10 Td (e continue to enhance our consumer tar) Tj ET Q q 0 0 0 rg BT 309.06 256.10 Td (geting and social content initiatives to further improve ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 244.10 Td (engagement while driving product sales through search, af) Tj ET Q q 0 0 0 rg BT 283.13 244.10 Td (filiates and re-tar) Tj ET Q q 0 0 0 rg BT 351.25 244.10 Td (geting ef) Tj ET Q q 0 0 0 rg BT 386.33 244.10 Td (forts. Social influencers remain a critical ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 232.10 Td (part of our marketing program and include celebrity influencers and brand ambassadors. ) Tj ET Q q 0 0 0 rg BT 404.66 232.10 Td (As a result of our ef) Tj ET Q q 0 0 0 rg BT 484.17 232.10 Td (forts and the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 220.10 Td (success of these programs, unique visitors to our sites continue to increase, and our own e-commerce platforms continue to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 208.10 Td (drive comparable sales growth. ) Tj ET Q q 0 0 0 rg BT 176.78 208.10 Td (W) Tj ET Q q 0 0 0 rg BT 185.41 208.10 Td (e will continue to generate strong brand moments online to build momentum and awareness. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 187.10 Td (Our fourth key initiative was the business model transformation work under our NWF initiatives. ) Tj ET Q q 0 0 0 rg BT 463.13 187.10 Td (This is our ongoing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 175.10 Td (comprehensive program to reinvent our Company to address changing consumer trends, drive ef) Tj ET Q q 0 0 0 rg BT 435.04 175.10 Td (ficiencies and speed throughout ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 163.10 Td (the or) Tj ET Q q 0 0 0 rg BT 72.37 163.10 Td (ganization, streamline the way we work, enhance our mar) Tj ET Q q 0 0 0 rg BT 303.21 163.10 Td (gins and ultimately drive significantly improved economics to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 151.10 Td (the bottom line. ) Tj ET Q q 0 0 0 rg BT 114.87 151.10 Td (W) Tj ET Q q 0 0 0 rg BT 123.50 151.10 Td (e remain on track to achieve our NWF objective of $200 million in run rate savings by the end of 2019.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 130.10 Td ( ) Tj ET Q q 0 0 0 rg BT 72.00 130.10 Td (During fiscal year 2018, sales of FOSSIL) Tj ET Q q 0 0 0 rg BT 237.43 130.10 Td ( branded products decreased 6% \(7% in constant currency\), as compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 118.10 Td (fiscal year 2017, with declines across all product categories. FOSSIL) Tj ET Q q 0 0 0 rg BT 325.44 118.10 Td ( brand watch sales decreased 4% \(same in constant ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 106.10 Td (currency\) during fiscal year 2018, driven mainly by the closure of underperforming stores and significant declines in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 94.10 Td (traditional wholesale business in Europe. Our connected business continued to gain traction, positively impacting the category ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 82.10 Td (growth rate by approximately 9% on a constant currency basis. Our FOSSIL) Tj ET Q q 0 0 0 rg BT 355.17 82.10 Td ( brand performance benefited from our marketing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 70.10 Td (ef) Tj ET Q q 0 0 0 rg BT 57.09 70.10 Td (forts, store experience and celebrity influencer campaigns in our full price stores and our own e-commerce sites. Sales ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 58.10 Td (decreases in our outlet stores, driven by a reduction in promotional activity to increase profitability) Tj ET Q q 0 0 0 rg BT 444.57 58.10 Td (, drove the overall decrease ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 46.10 Td (in our total direct channel. ) Tj ET Q endstream endobj 67 0 obj <>] /Rotate 0 /Contents 68 0 R>> endobj 68 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (30) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 742.10 Td (Our multi-brand global watch portfolio declined 8% \(same in constant currency\) during fiscal year 2018 compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 730.10 Td (fiscal year 2017, as growth in connected watches was more than of) Tj ET Q q 0 0 0 rg BT 317.00 730.10 Td (fset by continued traditional watch sales declines in our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 718.10 Td (Americas and Europe wholesale channels. Fiscal year 2018 sales were also negatively impacted by the BURBERR) Tj ET Q q 0 0 0 rg BT 508.82 718.10 Td (Y) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 516.04 722.63 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.98 718.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 706.10 Td (ADIDAS) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 87.28 710.63 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 92.22 706.10 Td ( licensed brand exits. Sales trends of our traditional watches remained soft during fiscal year 2018 in both the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 694.10 Td (Americas and Europe, and we experienced some connected inventory delays during our important holiday season. Sales ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 682.10 Td (increases in ) Tj ET Q q 0 0 0 rg BT 98.37 682.10 Td (ARMANI watches, driven by a strong performance in ) Tj ET Q q 0 0 0 rg BT 316.37 682.10 Td (Asia, were of) Tj ET Q q 0 0 0 rg BT 369.78 682.10 Td (fset by declines in most other brands. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 670.10 Td (MICHAEL) Tj ET Q q 0 0 0 rg BT 94.68 670.10 Td ( KORS watch sales decreased 5% \(same in constant currency\) with decreases in all segments. ) Tj ET Q q 0 0 0 rg BT 471.59 670.10 Td (W) Tj ET Q q 0 0 0 rg BT 480.23 670.10 Td (e continued to grow ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 658.10 Td (our connected watch business, delivering $395 million in sales, representing 19% of total watch sales for fiscal year 2018 and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 646.10 Td (an increase of 32% over fiscal year 2017. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 625.10 Td (Global comparable retail sales, including our stores and our own e-commerce, declined ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.54 625.10 Td (2%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.87 625.10 Td ( for fiscal year 2018 with sales ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 613.10 Td (declines across all product categories. Comparable sales decreases were driven by our outlet stores as a result of reduced ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 601.10 Td (promotional activity to increase profitability) Tj ET Q q 0 0 0 rg BT 226.02 601.10 Td (, partially of) Tj ET Q q 0 0 0 rg BT 274.99 601.10 Td (fset by both strong sales growth in e-commerce and improved store ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 589.10 Td (conversion. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 568.10 Td (During fiscal year 2018, our gross profit mar) Tj ET Q q 0 0 0 rg BT 251.22 568.10 Td (gin rate increased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.24 568.10 Td (400) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.24 568.10 Td ( basis points to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.46 568.10 Td (52.7%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.29 568.10 Td ( compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.00 568.10 Td (48.7%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.83 568.10 Td ( in the prior ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 556.10 Td (fiscal year) Tj ET Q q 0 0 0 rg BT 90.46 556.10 Td (, driven in part by a favorable comparison against an inventory valuation reserve primarily for excess levels of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 544.10 Td (connected products recorded in fiscal year 2017, lower promotional activity and markdowns and favorable product mix. Gross ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 532.10 Td (profit mar) Tj ET Q q 0 0 0 rg BT 89.58 532.10 Td (gin was also favorably impacted by approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.25 532.10 Td (80) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.25 532.10 Td ( basis points due to currency movements, as well as benefits ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 520.10 Td (from NWF driven by direct sourcing and design to value initiatives. Other income \(expense\) decreased unfavorably primarily ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 508.10 Td (due to net foreign currency losses during fiscal year 2018 as compared to net gains in fiscal year 2017. During fiscal year 2018, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 496.10 Td (our financial performance resulted in a net loss of $0.07 per diluted share and included NWF restructuring char) Tj ET Q q 0 0 0 rg BT 494.17 496.10 Td (ges of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.83 496.10 Td ($0.75) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.33 496.10 Td ( per ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 484.10 Td (diluted share and non-cash intangible asset impairment char) Tj ET Q q 0 0 0 rg BT 288.96 484.10 Td (ges of $0.10 per diluted share. During fiscal year 2017, our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 472.10 Td (financial performance resulted in a loss of $9.87 per diluted share, including non-cash intangible asset impairment char) Tj ET Q q 0 0 0 rg BT 525.83 472.10 Td (ges of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 460.10 Td ($7.07 per diluted share, tax char) Tj ET Q q 0 0 0 rg BT 177.88 460.10 Td (ges resulting from the ) Tj ET Q q 0 0 0 rg BT 267.68 460.10 Td (T) Tj ET Q q 0 0 0 rg BT 273.09 460.10 Td (ax ) Tj ET Q q 0 0 0 rg BT 284.48 460.10 Td (Act and valuation allowances of $2.20 per diluted share and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 448.10 Td (restructuring char) Tj ET Q q 0 0 0 rg BT 120.12 448.10 Td (ges of $0.65 per diluted share. Currencies, including both the translation impact on operating earnings and the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 436.10 Td (impact of foreign currency hedging contracts, favorably impacted the earnings comparison for fiscal year 2018 by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.94 436.10 Td ($0.09) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.44 436.10 Td ( per ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 424.10 Td (diluted share.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 403.10 Td (As we look at 2019, our focus and priorities will remain consistent with the past year; however) Tj ET Q q 0 0 0 rg BT 451.23 403.10 Td (, we will pivot ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 391.10 Td (appropriately to address the changing landscape. One priority that will not change is our focus on improving our profitability as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 379.10 Td (well as strengthening our financial position to ensure the long-term success of the Company) Tj ET Q q 0 0 0 rg BT 416.82 379.10 Td (. ) Tj ET Q q 0 0 0 rg BT 421.27 379.10 Td (Also, product innovation and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 367.10 Td (dif) Tj ET Q q 0 0 0 rg BT 60.43 367.10 Td (ferentiation are more important than ever) Tj ET Q q 0 0 0 rg BT 224.68 367.10 Td (, in both connected and traditional products. ) Tj ET Q q 0 0 0 rg BT 403.06 367.10 Td (W) Tj ET Q q 0 0 0 rg BT 411.70 367.10 Td (e will endeavor to maximize sales ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 355.10 Td (growth across multiple channels by adapting to the evolving shopping habits of our customers. ) Tj ET Q q 0 0 0 rg BT 430.64 355.10 Td (While we are focused on driving ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 343.10 Td (sales through product innovation and sales channel optimization, we need to further transform our business model. Part of that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 331.10 Td (transformation has already taken place in our connected watch business. During the fourth quarter of fiscal year 2018, we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 319.10 Td (announced a strategic partnership with Citizen ) Tj ET Q q 0 0 0 rg BT 237.59 319.10 Td (W) Tj ET Q q 0 0 0 rg BT 246.23 319.10 Td (atch Co., Ltd. \("Citizen"\) to grow and expand the hybrid smartwatch category) Tj ET Q q 0 0 0 rg BT 556.99 319.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 307.10 Td (an innovative product in our connected watch portfolio. Under a licensing agreement, we provide Citizen with our proprietary ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 295.10 Td (hybrid technology for use in both their brands and third-party watch brands. In January 2019, we announced an agreement to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 283.10 Td (transfer intellectual property related to smartwatch technology to Google. Both of these agreements are expected to drive ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 271.10 Td (innovation and reduce costs in our wearables business. ) Tj ET Q q 0 0 0 rg BT 270.65 271.10 Td (W) Tj ET Q q 0 0 0 rg BT 279.29 271.10 Td (e made significant progress on all fronts this year) Tj ET Q q 0 0 0 rg BT 476.06 271.10 Td (, but we continue to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 259.10 Td (have further work ahead of us to address the structural changes in our categories and channels. ) Tj ET Q q 0 0 0 rg BT 430.01 259.10 Td (W) Tj ET Q q 0 0 0 rg BT 438.65 259.10 Td (e remain confident in our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 247.10 Td (strategies and believe we have the talent, operating platform and balance sheet strength to achieve our goals.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 226.10 Td (Constant Currency Financial Information) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 224.27 226.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 202.10 Td (As a multinational enterprise, we are exposed to changes in foreign currency exchange rates. ) Tj ET Q q 0 0 0 rg BT 445.00 202.10 Td (The translation of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 190.10 Td (operations of our foreign-based entities from their local currencies into U.S. dollars is sensitive to changes in foreign currency ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 178.10 Td (exchange rates and can have a significant impact on our reported financial results. In general, our overall financial results are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 166.10 Td (af) Tj ET Q q 0 0 0 rg BT 57.09 166.10 Td (fected positively by a weaker U.S. dollar and are af) Tj ET Q q 0 0 0 rg BT 262.10 166.10 Td (fected negatively by a stronger U.S. dollar as compared to the foreign ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 154.10 Td (currencies in which we conduct our business. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 130.10 Td (As a result, in addition to presenting financial measures in accordance with accounting principles generally accepted in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 118.10 Td (the United States of ) Tj ET Q q 0 0 0 rg BT 130.60 118.10 Td (America \(GAAP\), our discussion contains references to constant currency financial information, which is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 106.10 Td (a non-GAAP) Tj ET Q q 0 0 0 rg BT 101.62 106.10 Td ( financial measure. ) Tj ET Q q 0 0 0 rg BT 179.74 106.10 Td (T) Tj ET Q q 0 0 0 rg BT 185.15 106.10 Td (o calculate net sales on a constant currency basis, net sales for the current fiscal year for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 94.10 Td (entities reporting in currencies other than the U.S. dollar are translated into U.S. dollars at the average rates during the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 82.10 Td (comparable period of the prior fiscal year) Tj ET Q q 0 0 0 rg BT 214.98 82.10 Td (. ) Tj ET Q q 0 0 0 rg BT 219.80 82.10 Td (W) Tj ET Q q 0 0 0 rg BT 228.44 82.10 Td (e present constant currency information to provide investors with a basis to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 70.10 Td (evaluate how our underlying business performed excluding the ef) Tj ET Q q 0 0 0 rg BT 311.46 70.10 Td (fects of foreign currency exchange rate fluctuations. ) Tj ET Q q 0 0 0 rg BT 522.29 70.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 58.10 Td (constant currency financial information presented herein should not be considered a substitute for) Tj ET Q q 0 0 0 rg BT 439.53 58.10 Td (, or superior to, the measures ) Tj ET Q endstream endobj 69 0 obj <>] /Rotate 0 /Contents 70 0 R>> endobj 70 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (31) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 742.10 Td (of financial performance prepared in accordance with GAAP) Tj ET Q q 0 0 0 rg BT 292.44 742.10 Td (. Reconciliations between constant currency financial information ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 730.10 Td (and the most directly comparable GAAP) Tj ET Q q 0 0 0 rg BT 212.14 730.10 Td ( measure are included where applicable.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 697.10 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 76.62 697.10 Td (Y) Tj ET Q q 0 0 0 rg BT 82.74 697.10 Td (ear) Tj ET Q q 0 0 0 rg BT 96.43 697.10 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 98.93 697.10 Td (2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 118.93 697.10 Td ( Compar) Tj ET Q q 0 0 0 rg BT 156.80 697.10 Td (ed to Fiscal ) Tj ET Q q 0 0 0 rg BT 207.26 697.10 Td (Y) Tj ET Q q 0 0 0 rg BT 213.37 697.10 Td (ear) Tj ET Q q 0 0 0 rg BT 227.07 697.10 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 229.57 697.10 Td (2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 249.57 697.10 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 72.00 676.10 Td (Consolidated Net Sales.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.50 676.10 Td (Net sales ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 218.38 676.10 Td (decreased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 257.80 676.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 260.30 676.10 Td ($246.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.19 676.10 Td ( or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.52 676.10 Td (8.8%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.35 676.10 Td ( \() Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.18 676.10 Td (9.6%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.01 676.10 Td ( in constant currency\) for fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.44 676.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.44 676.10 Td (, as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 664.10 Td (compared to fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 145.56 664.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 165.56 664.10 Td (. Global watch sales decreased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.51 664.10 Td ($166.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.40 664.10 Td ( or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.73 664.10 Td (7.5%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.56 664.10 Td ( \() Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.39 664.10 Td (8.2%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.22 664.10 Td ( in constant currency\), with increases ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 652.10 Td (in EMPORIO ) Tj ET Q q 0 0 0 rg BT 106.73 652.10 Td (ARMANI and ) Tj ET Q q 0 0 0 rg BT 166.17 652.10 Td (ARMANI EXCHANGE more than of) Tj ET Q q 0 0 0 rg BT 317.64 652.10 Td (fset by declines in most other brands in our portfolio. Our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 640.10 Td (jewelry category decreased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 160.82 640.10 Td ($43.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 214.71 640.10 Td ( or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 228.04 640.10 Td (20.7%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 253.88 640.10 Td ( \() Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 259.71 640.10 Td (22.3%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.54 640.10 Td ( in constant currency\), mostly as a result of a decrease in sales of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 628.10 Td (MICHAEL) Tj ET Q q 0 0 0 rg BT 94.68 628.10 Td ( KORS and FOSSIL) Tj ET Q q 0 0 0 rg BT 176.27 628.10 Td ( branded products during fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.88 628.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.88 628.10 Td ( as compared to fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.28 628.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.28 628.10 Td (. Our leathers ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 616.10 Td (business decreased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 127.81 616.10 Td ($36.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 181.70 616.10 Td ( or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 195.03 616.10 Td (1) Tj ET Q q 0 0 0 rg BT 199.66 616.10 Td (1.1%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 220.49 616.10 Td ( \() Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 226.32 616.10 Td (1) Tj ET Q q 0 0 0 rg BT 230.95 616.10 Td (1.9%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.78 616.10 Td ( in constant currency\). ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 595.10 Td (Net sales information by product category is summarized on a reported and constant currency basis as follows \(dollars in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 583.10 Td (millions\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 71.75 520.60 105.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 176.75 520.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 223.75 520.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 227.75 520.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 276.75 520.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 280.75 520.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 328.75 520.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.75 520.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 381.75 520.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.75 520.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.75 520.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.75 520.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.75 520.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.75 520.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 71.75 490.60 105.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 176.75 490.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 223.75 490.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 227.75 490.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 276.75 490.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 280.75 490.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 328.75 490.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.75 490.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 381.75 490.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.75 490.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.75 490.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.75 490.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.75 490.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.75 490.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 71.75 460.60 105.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 176.75 460.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 223.75 460.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 227.75 460.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 276.75 460.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 280.75 460.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 328.75 460.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.75 460.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 381.75 460.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.75 460.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.75 460.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.75 460.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.75 460.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.75 460.60 49.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 176.75 559.6 m 223.75 559.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 223.75 559.6 m 227.75 559.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 227.75 559.6 m 276.75 559.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.75 559.6 m 280.75 559.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.75 559.6 m 328.75 559.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 328.75 559.6 m 332.75 559.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332.75 559.6 m 381.75 559.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 176.75 559.6 m 223.75 559.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 176.75 546.6 m 223.75 546.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 223.75 546.6 m 227.75 546.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 227.75 546.6 m 276.75 546.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.75 559.6 m 328.75 559.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.75 546.6 m 328.75 546.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 328.75 546.6 m 332.75 546.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332.75 546.6 m 381.75 546.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385.75 546.6 m 432.75 546.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432.75 546.6 m 436.75 546.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.75 546.6 m 485.75 546.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.75 546.6 m 489.75 546.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.75 546.6 m 538.75 546.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.75 546.6 m 538.75 546.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 176.75 520.6 m 223.75 520.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 227.75 520.6 m 276.75 520.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.75 520.6 m 328.75 520.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332.75 520.6 m 381.75 520.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385.75 520.6 m 432.75 520.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.75 520.6 m 485.75 520.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.75 520.6 m 538.75 520.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 176.75 520.6 m 223.75 520.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.75 520.6 m 328.75 520.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 176.75 460.6 m 223.75 460.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.75 460.6 m 328.75 460.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385.75 460.6 m 432.75 460.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 176.75 460.6 m 223.75 460.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 176.75 446.6 m 223.75 446.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 176.75 444.6 m 223.75 444.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 227.75 460.6 m 276.75 460.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 227.75 446.6 m 276.75 446.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 227.75 444.6 m 276.75 444.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.75 460.6 m 328.75 460.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.75 446.6 m 328.75 446.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.75 444.6 m 328.75 444.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332.75 460.6 m 381.75 460.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332.75 446.6 m 381.75 446.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332.75 444.6 m 381.75 444.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385.75 460.6 m 432.75 460.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385.75 446.6 m 432.75 446.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385.75 444.6 m 432.75 444.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.75 460.6 m 485.75 460.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.75 446.6 m 485.75 446.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.75 444.6 m 485.75 444.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.75 460.6 m 538.75 460.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.75 446.6 m 538.75 446.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.75 444.6 m 538.75 444.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 259.95 563.83 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 281.80 563.83 Td (Y) Tj ET Q q 0 0 0 rg BT 286.98 563.83 Td (ear) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 218.25 550.83 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 322.75 550.83 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 432.15 550.83 Td (Gr) Tj ET Q q 0 0 0 rg BT 441.85 550.83 Td (owth \(Decline\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 232.90 532.83 Td (Per) Tj ET Q q 0 0 0 rg BT 244.74 532.83 Td (centage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 238.70 524.83 Td (of ) Tj ET Q q 0 0 0 rg BT 247.22 524.83 Td (T) Tj ET Q q 0 0 0 rg BT 251.82 524.83 Td (otal) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 337.90 532.83 Td (Per) Tj ET Q q 0 0 0 rg BT 349.74 532.83 Td (centage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 343.70 524.83 Td (of ) Tj ET Q q 0 0 0 rg BT 352.22 524.83 Td (T) Tj ET Q q 0 0 0 rg BT 356.82 524.83 Td (otal) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 441.90 532.83 Td (Per) Tj ET Q q 0 0 0 rg BT 453.82 532.83 Td (centage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 440.15 524.83 Td (as Reported) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 494.90 538.68 Td (Per) Tj ET Q q 0 0 0 rg BT 506.82 538.68 Td (centage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 498.15 530.68 Td (Constant) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 497.35 522.73 Td (Curr) Tj ET Q q 0 0 0 rg BT 514.61 522.73 Td (ency) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 184.15 524.83 Td (Amounts) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 288.65 524.83 Td (Amounts) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 396.30 524.83 Td (Dollars) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.25 510.27 Td (W) Tj ET Q q 0 0 0 rg BT 83.29 510.27 Td (atches) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 179.25 510.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.85 510.27 Td (2,033.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 250.40 510.27 Td (80.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.90 510.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 283.25 510.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.85 510.27 Td (2,199.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.40 510.27 Td (78.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.90 510.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.25 510.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.05 510.32 Td (\(166.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.90 510.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.70 510.27 Td (\(7.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.55 510.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.70 510.27 Td (\(8.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.55 510.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.25 495.27 Td (Leathers) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 197.40 495.27 Td (289.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 250.40 495.27 Td (1) Tj ET Q q 0 0 0 rg BT 255.40 495.27 Td (1.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 302.40 495.27 Td (325.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.40 495.27 Td (1) Tj ET Q q 0 0 0 rg BT 360.40 495.27 Td (1.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.05 495.32 Td (\(36.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.90 495.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.70 495.27 Td (\(1) Tj ET Q q 0 0 0 rg BT 461.03 495.27 Td (1.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.55 495.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.70 495.27 Td (\(1) Tj ET Q q 0 0 0 rg BT 514.03 495.27 Td (1.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.55 495.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.25 480.27 Td (Jewelry) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 197.40 480.27 Td (167.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 255.40 480.27 Td (6.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 302.40 480.27 Td (21) Tj ET Q q 0 0 0 rg BT 312.40 480.27 Td (1.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.40 480.27 Td (7.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.05 480.32 Td (\(43.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.90 480.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.70 480.27 Td (\(20.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.55 480.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.70 480.27 Td (\(22.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.55 480.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.25 465.27 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 202.40 465.27 Td (51.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 255.40 465.27 Td (2.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.40 465.27 Td (52.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.40 465.27 Td (1.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.05 465.32 Td (\(0.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.90 465.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.70 465.27 Td (\(1.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.55 465.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.70 465.27 Td (\(2.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.55 465.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.25 450.27 Td (T) Tj ET Q q 0 0 0 rg BT 79.66 450.27 Td (otal net sales) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 179.25 450.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.85 450.27 Td (2,541.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 245.40 450.27 Td (100.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.90 450.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 283.25 450.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.85 450.27 Td (2,788.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.40 450.27 Td (100.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.90 450.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.25 450.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.05 450.32 Td (\(246.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.90 450.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.70 450.27 Td (\(8.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.55 450.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.70 450.27 Td (\(9.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.55 450.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 425.10 Td (The following table sets forth consolidated net sales by segment on a reported and constant currency basis \(dollars in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 413.10 Td (millions\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 71.25 350.60 105.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 176.25 350.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 223.25 350.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 227.25 350.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 276.25 350.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 280.25 350.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 328.25 350.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.25 350.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 381.25 350.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.25 350.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.25 350.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.25 350.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.25 350.60 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.25 350.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 71.25 320.60 105.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 176.25 320.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 223.25 320.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 227.25 320.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 276.25 320.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 280.25 320.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 328.25 320.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.25 320.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 381.25 320.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.25 320.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.25 320.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.25 320.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.25 320.60 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.25 320.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 71.25 290.60 105.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 176.25 290.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 223.25 290.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 227.25 290.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 276.25 290.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 280.25 290.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 328.25 290.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.25 290.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 381.25 290.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.25 290.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.25 290.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.25 290.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.25 290.60 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.25 290.60 49.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 176.25 389.6 m 223.25 389.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 223.25 389.6 m 227.25 389.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 227.25 389.6 m 276.25 389.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.25 389.6 m 280.25 389.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.25 389.6 m 328.25 389.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 328.25 389.6 m 332.25 389.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332.25 389.6 m 381.25 389.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 176.25 389.6 m 223.25 389.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 176.25 376.6 m 223.25 376.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 223.25 376.6 m 227.25 376.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 227.25 376.6 m 276.25 376.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.25 389.6 m 328.25 389.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.25 376.6 m 328.25 376.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 328.25 376.6 m 332.25 376.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332.25 376.6 m 381.25 376.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385.25 376.6 m 432.25 376.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432.25 376.6 m 436.25 376.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.25 376.6 m 485.25 376.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.25 376.6 m 490.25 376.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.25 376.6 m 539.25 376.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.25 376.6 m 539.25 376.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 176.25 350.6 m 223.25 350.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 227.25 350.6 m 276.25 350.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.25 350.6 m 328.25 350.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332.25 350.6 m 381.25 350.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385.25 350.6 m 432.25 350.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.25 350.6 m 485.25 350.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.25 350.6 m 539.25 350.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 176.25 350.6 m 223.25 350.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.25 350.6 m 328.25 350.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 176.25 290.6 m 223.25 290.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.25 290.6 m 328.25 290.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 176.25 290.6 m 223.25 290.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 176.25 276.6 m 223.25 276.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 176.25 274.6 m 223.25 274.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 227.25 290.6 m 276.25 290.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 227.25 276.6 m 276.25 276.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 227.25 274.6 m 276.25 274.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.25 290.6 m 328.25 290.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.25 276.6 m 328.25 276.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.25 274.6 m 328.25 274.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332.25 290.6 m 381.25 290.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332.25 276.6 m 381.25 276.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332.25 274.6 m 381.25 274.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385.25 290.6 m 432.25 290.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385.25 276.6 m 432.25 276.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385.25 274.6 m 432.25 274.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.25 290.6 m 485.25 290.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.25 276.6 m 485.25 276.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.25 274.6 m 485.25 274.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.25 290.6 m 539.25 290.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.25 276.6 m 539.25 276.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.25 274.6 m 539.25 274.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 259.45 393.83 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 281.30 393.83 Td (Y) Tj ET Q q 0 0 0 rg BT 286.48 393.83 Td (ear) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 217.75 380.83 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 322.25 380.83 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 432.15 380.83 Td (Gr) Tj ET Q q 0 0 0 rg BT 441.85 380.83 Td (owth \(Decline\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 232.40 362.83 Td (Per) Tj ET Q q 0 0 0 rg BT 244.24 362.83 Td (centage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 238.20 354.83 Td (of ) Tj ET Q q 0 0 0 rg BT 246.72 354.83 Td (T) Tj ET Q q 0 0 0 rg BT 251.32 354.83 Td (otal) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 337.40 362.83 Td (Per) Tj ET Q q 0 0 0 rg BT 349.24 362.83 Td (centage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 343.20 354.83 Td (of ) Tj ET Q q 0 0 0 rg BT 351.72 354.83 Td (T) Tj ET Q q 0 0 0 rg BT 356.32 354.83 Td (otal) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 441.40 362.83 Td (Per) Tj ET Q q 0 0 0 rg BT 453.32 362.83 Td (centage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 439.65 354.83 Td (as Reported) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 495.40 368.68 Td (Per) Tj ET Q q 0 0 0 rg BT 507.32 368.68 Td (centage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 498.65 360.68 Td (Constant) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 497.85 352.73 Td (Curr) Tj ET Q q 0 0 0 rg BT 515.11 352.73 Td (ency) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 183.65 354.83 Td (Amounts) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 288.15 354.83 Td (Amounts) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 395.80 354.83 Td (Dollars) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 79.75 340.27 Td (Americas) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 178.75 340.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.35 340.27 Td (1,174.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.90 340.27 Td (46.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.40 340.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.75 340.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.35 340.27 Td (1,314.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.90 340.27 Td (47.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.40 340.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.75 340.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.55 340.32 Td (\(139.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.40 340.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.20 340.27 Td (\(10.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.05 340.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.20 340.27 Td (\(10.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.05 340.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 79.75 325.27 Td (Europe) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.90 325.27 Td (856.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.90 325.27 Td (33.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.90 325.27 Td (971.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.90 325.27 Td (34.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.55 325.32 Td (\(1) Tj ET Q q 0 0 0 rg BT 410.88 325.32 Td (15.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.40 325.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.20 325.27 Td (\(1) Tj ET Q q 0 0 0 rg BT 460.53 325.27 Td (1.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.05 325.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.20 325.27 Td (\(14.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.05 325.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 79.75 310.27 Td (Asia) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.90 310.27 Td (505.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.90 310.27 Td (19.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.90 310.27 Td (496.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.90 310.27 Td (17.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.90 310.27 Td (9.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.50 310.27 Td (1.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.50 310.27 Td (1.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 79.75 295.27 Td (Corporate) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 206.90 295.27 Td (5.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.90 295.27 Td (0.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.90 295.27 Td (5.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.90 295.27 Td (0.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.55 295.32 Td (\(0.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.40 295.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.20 295.27 Td (\(7.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.05 295.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 511.20 295.27 Td (\(7.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.05 295.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 79.75 280.27 Td (T) Tj ET Q q 0 0 0 rg BT 85.16 280.27 Td (otal net sales) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 178.75 280.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.35 280.27 Td (2,541.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 244.90 280.27 Td (100.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.40 280.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.75 280.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.35 280.27 Td (2,788.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.90 280.27 Td (100.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.40 280.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.75 280.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.55 280.32 Td (\(246.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.40 280.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.20 280.27 Td (\(8.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.05 280.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 511.20 280.27 Td (\(9.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.05 280.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 72.00 255.10 Td (Americas Net Sales.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.50 255.10 Td ( ) Tj ET Q q 0 0 0 rg BT 156.44 255.10 Td (Americas net sales ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 233.91 255.10 Td (decreased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 273.33 255.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 275.83 255.10 Td ($139.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.72 255.10 Td ( or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.05 255.10 Td (10.6%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.88 255.10 Td ( \() Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.71 255.10 Td (10.5%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.54 255.10 Td ( in constant currency\), lar) Tj ET Q q 0 0 0 rg BT 507.82 255.10 Td (gely driven ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 243.10 Td (by decreases in watches. During fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 227.48 243.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 247.48 243.10 Td (, our multi-brand watch portfolio ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.90 243.10 Td (decreased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.31 243.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.81 243.10 Td ($93.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.70 243.10 Td ( or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.03 243.10 Td (9.0%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 511.86 243.10 Td ( \() Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.69 243.10 Td (8.9%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.52 243.10 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 231.10 Td (constant currency\), with declines across nearly all brands. ) Tj ET Q q 0 0 0 rg BT 283.12 231.10 Td (The business exits of BURBERR) Tj ET Q q 0 0 0 rg BT 415.91 231.10 Td (Y) Tj ET Q q 0 0 0 rg BT 422.76 231.10 Td ( and ) Tj ET Q q 0 0 0 rg BT 441.64 231.10 Td (ADIDAS, as well as store ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 219.10 Td (closures negatively impacted our watch performance. ) Tj ET Q q 0 0 0 rg BT 265.62 219.10 Td (W) Tj ET Q q 0 0 0 rg BT 274.66 219.10 Td (ithin FOSSIL) Tj ET Q q 0 0 0 rg BT 328.46 219.10 Td ( brand watches, connected watches nearly of) Tj ET Q q 0 0 0 rg BT 506.81 219.10 Td (fset the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 207.10 Td (declines in traditional watches. Our leathers category ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.92 207.10 Td (decreased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.33 207.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.83 207.10 Td ($26.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.72 207.10 Td ( or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.05 207.10 Td (13.3%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.88 207.10 Td ( \() Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.71 207.10 Td (13.2%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.54 207.10 Td ( in constant currency\), mainly ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 195.10 Td (driven by FOSSIL) Tj ET Q q 0 0 0 rg BT 123.02 195.10 Td ( branded products and our jewelry business ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.81 195.10 Td (decreased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.23 195.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.73 195.10 Td ($20.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.62 195.10 Td ( or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.95 195.10 Td (28.8%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.78 195.10 Td ( \() Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.61 195.10 Td (28.9%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.44 195.10 Td ( in constant currency\), ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 183.10 Td (mostly driven by MICHAEL) Tj ET Q q 0 0 0 rg BT 164.95 183.10 Td ( KORS branded product. ) Tj ET Q q 0 0 0 rg BT 269.20 183.10 Td (W) Tj ET Q q 0 0 0 rg BT 278.24 183.10 Td (ithin the region, sales declined in the U.S. and Canada, while sales in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 171.10 Td (Mexico increased. Comparable retail sales \(including e-commerce\) decreased slightly in the region, as negative comparable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 159.10 Td (sales in our stores were mostly of) Tj ET Q q 0 0 0 rg BT 183.18 159.10 Td (fset by strong positive comparable sales in our e-commerce business.) Tj ET Q endstream endobj 71 0 obj <>] /Rotate 0 /Contents 72 0 R>> endobj 72 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (32) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 742.10 Td ( ) Tj ET Q q 0 0 0 rg BT 85.50 742.10 Td (The following table sets forth product net sales for the ) Tj ET Q q 0 0 0 rg BT 304.33 742.10 Td (Americas segment on a reported and constant currency basis by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 730.10 Td (fiscal year \(dollars in millions\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 136.00 667.60 105.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 241.00 667.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 288.00 667.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.00 667.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.00 667.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.00 667.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.00 667.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 395.00 667.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.00 667.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.00 667.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 136.00 637.60 105.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 241.00 637.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 288.00 637.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.00 637.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.00 637.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.00 637.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.00 637.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 395.00 637.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.00 637.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.00 637.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 136.00 607.60 105.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 241.00 607.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 288.00 607.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.00 607.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.00 607.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.00 607.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.00 607.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 395.00 607.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.00 607.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.00 607.60 49.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241 706.6 m 288 706.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 288 706.6 m 292 706.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 706.6 m 340 706.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241 706.6 m 288 706.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241 693.6 m 288 693.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 288 706.6 m 292 706.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 288 693.6 m 292 693.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 706.6 m 340 706.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 693.6 m 340 693.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 693.6 m 391 693.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391 693.6 m 395 693.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395 693.6 m 444 693.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 693.6 m 448 693.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 693.6 m 497 693.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 693.6 m 497 693.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241 667.6 m 288 667.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 667.6 m 340 667.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 667.6 m 391 667.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395 667.6 m 444 667.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 667.6 m 497 667.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241 667.6 m 288 667.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 667.6 m 340 667.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241 607.6 m 288 607.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 607.6 m 340 607.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 607.6 m 391 607.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241 607.6 m 288 607.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241 593.6 m 288 593.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241 591.6 m 288 591.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 607.6 m 340 607.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 593.6 m 340 593.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 591.6 m 340 591.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 607.6 m 391 607.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 593.6 m 391 593.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 591.6 m 391 591.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395 607.6 m 444 607.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395 593.6 m 444 593.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395 591.6 m 444 591.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 607.6 m 497 607.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 593.6 m 497 593.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 591.6 m 497 591.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 274.30 710.83 Td (Net Sales) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 271.20 697.83 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 293.05 697.83 Td (Y) Tj ET Q q 0 0 0 rg BT 298.23 697.83 Td (ear) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 390.40 697.83 Td (Gr) Tj ET Q q 0 0 0 rg BT 400.10 697.83 Td (owth \(Decline\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 400.15 679.83 Td (Per) Tj ET Q q 0 0 0 rg BT 412.07 679.83 Td (centage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 398.40 671.83 Td (as Reported) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.15 685.68 Td (Per) Tj ET Q q 0 0 0 rg BT 465.07 685.68 Td (centage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 456.40 677.68 Td (Constant) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 455.60 669.73 Td (Curr) Tj ET Q q 0 0 0 rg BT 472.86 669.73 Td (ency) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 256.00 671.83 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 307.50 671.83 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 354.55 671.83 Td (Dollars) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.50 657.27 Td (W) Tj ET Q q 0 0 0 rg BT 147.54 657.27 Td (atches) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.50 657.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 261.65 657.27 Td (936.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.50 657.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.10 657.27 Td (1,030.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.50 657.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.30 657.27 Td (\(93.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.15 657.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.95 657.27 Td (\(9.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.80 657.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.95 657.27 Td (\(8.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.80 657.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.50 642.27 Td (Leathers) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 261.65 642.27 Td (171.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.65 642.27 Td (198.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.30 642.27 Td (\(26.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.15 642.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.95 642.27 Td (\(13.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.80 642.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.95 642.27 Td (\(13.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.80 642.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.50 627.27 Td (Jewelry) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.65 627.27 Td (50.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.65 627.27 Td (70.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.30 627.27 Td (\(20.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.15 627.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.95 627.27 Td (\(28.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.80 627.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.95 627.27 Td (\(28.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.80 627.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.50 612.27 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.65 612.27 Td (15.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.65 612.27 Td (15.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.15 612.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.75 612.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.25 612.27 Td (0.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.50 597.27 Td (T) Tj ET Q q 0 0 0 rg BT 143.91 597.27 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.50 597.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.10 597.27 Td (1,174.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.50 597.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.10 597.27 Td (1,314.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.50 597.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.30 597.27 Td (\(139.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.15 597.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.95 597.27 Td (\(10.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.80 597.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.95 597.27 Td (\(10.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.80 597.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 72.00 572.10 Td (Europe Net Sales.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 146.17 572.10 Td ( During fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 223.36 572.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.36 572.10 Td (, Europe net sales ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 316.39 572.10 Td (decreased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.81 572.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.31 572.10 Td ($1) Tj ET Q q 0 0 0 rg BT 367.94 572.10 Td (15.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.83 572.10 Td ( or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.16 572.10 Td (1) Tj ET Q q 0 0 0 rg BT 434.79 572.10 Td (1.9%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.62 572.10 Td ( \() Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.45 572.10 Td (14.3%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.28 572.10 Td ( in constant ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 560.10 Td (currency\). ) Tj ET Q q 0 0 0 rg BT 94.75 560.10 Td (Across the Eurozone, sales were down moderately with the sharpest sales declines in the U.K., France and Germany) Tj ET Q q 0 0 0 rg BT 559.24 560.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 548.10 Td (During fiscal year 2018, sales trends softened across all channels, reflective of the challenging macro-economic environment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 536.10 Td (and general softness in the European markets. Our multi-brand watch portfolio ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.19 536.10 Td (decreased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.60 536.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.10 536.10 Td ($85.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.99 536.10 Td ( or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.32 536.10 Td (1) Tj ET Q q 0 0 0 rg BT 480.95 536.10 Td (1.5%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.78 536.10 Td ( \() Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.61 536.10 Td (13.8%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.44 536.10 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 524.10 Td (constant currency\), with growth in connected watches partially of) Tj ET Q q 0 0 0 rg BT 311.73 524.10 Td (fsetting declines in traditional watches on a constant currency ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 512.10 Td (basis. ) Tj ET Q q 0 0 0 rg BT 76.82 512.10 Td (W) Tj ET Q q 0 0 0 rg BT 85.86 512.10 Td (ithin our watch portfolio, most brands declined with the most significant sales decreases in FOSSIL) Tj ET Q q 0 0 0 rg BT 484.03 512.10 Td ( and SKAGEN ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 500.10 Td (brand watches. Our jewelry category ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 201.94 500.10 Td (decreased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 241.35 500.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.85 500.10 Td ($22.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.74 500.10 Td ( or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.07 500.10 Td (16.8%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.90 500.10 Td ( \() Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.73 500.10 Td (19.4%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.56 500.10 Td ( in constant currency\), and our leathers business ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 488.10 Td (decreased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.91 488.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 91.41 488.10 Td ($8.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 140.31 488.10 Td ( or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 153.64 488.10 Td (10.7%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 179.47 488.10 Td ( \() Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 185.30 488.10 Td (13.8%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 211.13 488.10 Td ( in constant currency\) in fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.68 488.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 374.68 488.10 Td (, as compared to fiscal year 2017. Comparable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 476.10 Td (retail sales in the Europe segment \(including e-commerce\) decreased modestly) Tj ET Q q 0 0 0 rg BT 363.45 476.10 Td (, with decreases in all major product categories. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 464.10 Td (Slight comparable retail sales increases in e-commerce and our outlets were more than of) Tj ET Q q 0 0 0 rg BT 406.13 464.10 Td (fset by declines in our other store ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 452.10 Td (concepts.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 431.10 Td (The following table sets forth product net sales for the Europe segment on a reported and constant currency basis by fiscal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 419.10 Td (year \(dollars in millions\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 136.00 356.60 105.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 241.00 356.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 288.00 356.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.00 356.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.00 356.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.00 356.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.00 356.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 395.00 356.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.00 356.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.00 356.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 136.00 326.60 105.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 241.00 326.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 288.00 326.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.00 326.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.00 326.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.00 326.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.00 326.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 395.00 326.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.00 326.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.00 326.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 136.00 296.60 105.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 241.00 296.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 288.00 296.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.00 296.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.00 296.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.00 296.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.00 296.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 395.00 296.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.00 296.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.00 296.60 49.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241 395.6 m 288 395.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 395.6 m 340 395.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241 395.6 m 288 395.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241 382.6 m 288 382.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 288 395.6 m 292 395.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 288 382.6 m 292 382.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 395.6 m 340 395.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 382.6 m 340 382.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 382.6 m 391 382.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391 382.6 m 395 382.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395 382.6 m 444 382.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 382.6 m 448 382.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 382.6 m 497 382.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 382.6 m 497 382.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241 356.6 m 288 356.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 356.6 m 340 356.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 356.6 m 391 356.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395 356.6 m 444 356.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 356.6 m 497 356.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241 356.6 m 288 356.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 356.6 m 340 356.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241 296.6 m 288 296.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 296.6 m 340 296.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 296.6 m 391 296.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241 296.6 m 288 296.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241 282.6 m 288 282.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241 280.6 m 288 280.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 296.6 m 340 296.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 282.6 m 340 282.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 280.6 m 340 280.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 296.6 m 391 296.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 282.6 m 391 282.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 280.6 m 391 280.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395 296.6 m 444 296.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395 282.6 m 444 282.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395 280.6 m 444 280.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 296.6 m 497 296.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 282.6 m 497 282.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 280.6 m 497 280.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 274.30 399.83 Td (Net Sales) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 271.20 386.83 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 293.05 386.83 Td (Y) Tj ET Q q 0 0 0 rg BT 298.23 386.83 Td (ear) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 390.40 386.83 Td (Gr) Tj ET Q q 0 0 0 rg BT 400.10 386.83 Td (owth \(Decline\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 400.15 368.83 Td (Per) Tj ET Q q 0 0 0 rg BT 412.07 368.83 Td (centage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 398.40 360.83 Td (as Reported) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.15 374.68 Td (Per) Tj ET Q q 0 0 0 rg BT 465.07 374.68 Td (centage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 456.40 366.68 Td (Constant) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 455.60 358.73 Td (Curr) Tj ET Q q 0 0 0 rg BT 472.86 358.73 Td (ency) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 256.00 360.83 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 307.50 360.83 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 354.55 360.83 Td (Dollars) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.50 346.27 Td (W) Tj ET Q q 0 0 0 rg BT 147.54 346.27 Td (atches) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.50 346.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 261.65 346.27 Td (656.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.50 346.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.65 346.27 Td (742.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.50 346.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.30 346.27 Td (\(85.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.15 346.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.95 346.27 Td (\(1) Tj ET Q q 0 0 0 rg BT 419.28 346.27 Td (1.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.80 346.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.95 346.27 Td (\(13.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.80 346.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.50 331.27 Td (Leathers) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.65 331.27 Td (67.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.65 331.27 Td (75.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.30 331.27 Td (\(8.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.15 331.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.95 331.27 Td (\(10.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.80 331.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.95 331.27 Td (\(13.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.80 331.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.50 316.27 Td (Jewelry) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 261.65 316.27 Td (1) Tj ET Q q 0 0 0 rg BT 266.65 316.27 Td (1) Tj ET Q q 0 0 0 rg BT 271.65 316.27 Td (1.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.65 316.27 Td (134.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.30 316.27 Td (\(22.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.15 316.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.95 316.27 Td (\(16.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.80 316.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.95 316.27 Td (\(19.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.80 316.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.50 301.27 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.65 301.27 Td (20.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.65 301.27 Td (20.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 374.65 301.27 Td (0.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.25 301.27 Td (3.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.95 301.27 Td (\(0.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.80 301.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.50 286.27 Td (T) Tj ET Q q 0 0 0 rg BT 143.91 286.27 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.50 286.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 261.65 286.27 Td (856.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.50 286.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.65 286.27 Td (971.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.50 286.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.30 286.27 Td (\(1) Tj ET Q q 0 0 0 rg BT 369.63 286.27 Td (15.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.15 286.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.95 286.27 Td (\(1) Tj ET Q q 0 0 0 rg BT 419.28 286.27 Td (1.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.80 286.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.95 286.27 Td (\(14.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.80 286.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 72.00 261.10 Td (Asia Net Sales.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 133.95 261.10 Td ( In fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 191.14 261.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 211.14 261.10 Td (, ) Tj ET Q q 0 0 0 rg BT 215.59 261.10 Td (Asia net sales ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 273.07 261.10 Td (increased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.83 261.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.33 261.10 Td ($9.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.22 261.10 Td ( or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.55 261.10 Td (1.8%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.38 261.10 Td ( \() Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.21 261.10 Td (1.7%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.04 261.10 Td ( in constant currency\). On a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 249.10 Td (constant currency basis, sales growth in India and China more than of) Tj ET Q q 0 0 0 rg BT 328.13 249.10 Td (fset decreases in most other markets, with the sharpest ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 237.10 Td (declines in Japan. Our watch category ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 204.16 237.10 Td (increased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 241.92 237.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 244.42 237.10 Td ($12.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.31 237.10 Td ( or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.64 237.10 Td (2.9%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.47 237.10 Td ( \() Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.30 237.10 Td (2.9%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.13 237.10 Td ( in constant currency\), with the growth led by) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.58 237.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 225.10 Td (EMPORIO ) Tj ET Q q 0 0 0 rg BT 96.45 225.10 Td (ARMANI and FOSSIL) Tj ET Q q 0 0 0 rg BT 189.42 225.10 Td ( watches. Our leathers products ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.21 225.10 Td (decreased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.63 225.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.13 225.10 Td ($1.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.02 225.10 Td ( or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.35 225.10 Td (3.3%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.18 225.10 Td ( \() Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.01 225.10 Td (4.2%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.84 225.10 Td ( in constant currency\), ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 213.10 Td (and our jewelry business ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 151.15 213.10 Td (decreased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 190.56 213.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 193.06 213.10 Td ($0.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 241.95 213.10 Td ( or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 255.28 213.10 Td (13.2%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.11 213.10 Td ( \() Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.94 213.10 Td (14.7%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.77 213.10 Td ( in constant currency\). Comparable retail sales \(including e-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 201.10 Td (commerce\) in the ) Tj ET Q q 0 0 0 rg BT 121.41 201.10 Td (Asia region decreased moderately) Tj ET Q q 0 0 0 rg BT 256.54 201.10 Td (, with similar decreases in all major product categories. Comparable store ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 189.10 Td (sales declines were partially of) Tj ET Q q 0 0 0 rg BT 172.60 189.10 Td (fset by strong e-commerce sales increases. ) Tj ET Q endstream endobj 73 0 obj <>] /Rotate 0 /Contents 74 0 R>> endobj 74 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (33) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 742.10 Td (The following table sets forth product net sales for the ) Tj ET Q q 0 0 0 rg BT 290.83 742.10 Td (Asia segment on a reported and constant currency basis by fiscal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 730.10 Td (year \(dollars in millions\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 136.00 667.60 105.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 241.00 667.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 288.00 667.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.00 667.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.00 667.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.00 667.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.00 667.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 395.00 667.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.00 667.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.00 667.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 136.00 637.60 105.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 241.00 637.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 288.00 637.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.00 637.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.00 637.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.00 637.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.00 637.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 395.00 637.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.00 637.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.00 637.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 136.00 607.60 105.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 241.00 607.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 288.00 607.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.00 607.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.00 607.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.00 607.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.00 607.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 395.00 607.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.00 607.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.00 607.60 49.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241 706.6 m 288 706.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 706.6 m 340 706.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241 706.6 m 288 706.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241 693.6 m 288 693.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 288 706.6 m 292 706.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 288 693.6 m 292 693.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 706.6 m 340 706.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 693.6 m 340 693.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 693.6 m 391 693.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391 693.6 m 395 693.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395 693.6 m 444 693.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 693.6 m 448 693.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 693.6 m 497 693.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 693.6 m 497 693.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241 667.6 m 288 667.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 667.6 m 340 667.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 667.6 m 391 667.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395 667.6 m 444 667.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 667.6 m 497 667.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241 667.6 m 288 667.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 667.6 m 340 667.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241 607.6 m 288 607.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 607.6 m 340 607.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 607.6 m 391 607.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241 607.6 m 288 607.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241 593.6 m 288 593.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241 591.6 m 288 591.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 607.6 m 340 607.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 593.6 m 340 593.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 591.6 m 340 591.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 607.6 m 391 607.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 593.6 m 391 593.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 591.6 m 391 591.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395 607.6 m 444 607.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395 593.6 m 444 593.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395 591.6 m 444 591.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 607.6 m 497 607.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 593.6 m 497 593.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 591.6 m 497 591.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 274.30 710.83 Td (Net Sales) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 271.20 697.83 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 293.05 697.83 Td (Y) Tj ET Q q 0 0 0 rg BT 298.23 697.83 Td (ear) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 390.40 697.83 Td (Gr) Tj ET Q q 0 0 0 rg BT 400.10 697.83 Td (owth \(Decline\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 400.15 679.83 Td (Per) Tj ET Q q 0 0 0 rg BT 412.07 679.83 Td (centage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 398.40 671.83 Td (as Reported) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.15 685.68 Td (Per) Tj ET Q q 0 0 0 rg BT 465.07 685.68 Td (centage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 456.40 677.68 Td (Constant) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 455.60 669.73 Td (Curr) Tj ET Q q 0 0 0 rg BT 472.86 669.73 Td (ency) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 256.00 671.83 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 307.50 671.83 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 354.55 671.83 Td (Dollars) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.50 657.27 Td (W) Tj ET Q q 0 0 0 rg BT 147.54 657.27 Td (atches) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.50 657.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 261.65 657.27 Td (439.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.50 657.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.65 657.27 Td (426.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.50 657.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.65 657.27 Td (12.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.65 657.27 Td (2.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.15 657.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.65 657.27 Td (2.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.15 657.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.50 642.27 Td (Leathers) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.65 642.27 Td (50.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.65 642.27 Td (52.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.30 642.27 Td (\(1.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.15 642.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.30 642.32 Td (\(3.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.15 642.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.30 642.32 Td (\(4.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.15 642.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.50 627.27 Td (Jewelry) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.65 627.27 Td (5.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 323.65 627.27 Td (6.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.30 627.27 Td (\(0.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.15 627.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.30 627.32 Td (\(13.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.15 627.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.30 627.32 Td (\(14.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.15 627.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.50 612.27 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.65 612.27 Td (10.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.65 612.27 Td (10.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.30 612.27 Td (\(0.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.15 612.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.30 612.32 Td (\(4.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.15 612.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.30 612.32 Td (\(5.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.15 612.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.50 597.27 Td (T) Tj ET Q q 0 0 0 rg BT 143.91 597.27 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.50 597.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 261.65 597.27 Td (505.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.50 597.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.65 597.27 Td (496.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.50 597.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 374.65 597.27 Td (9.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.65 597.27 Td (1.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.15 597.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.65 597.27 Td (1.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.15 597.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 72.00 572.10 Td (Stores. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 102.56 572.10 Td (The following table sets forth the number of stores by concept for the fiscal years ended below:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 57.25 534.60 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 157.25 534.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 203.25 534.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.25 534.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 253.25 534.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 257.25 534.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 303.25 534.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 307.25 534.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 353.25 534.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 357.25 534.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 403.25 534.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.25 534.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.25 534.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.25 534.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.25 534.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.25 534.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 57.25 504.60 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 157.25 504.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 203.25 504.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.25 504.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 253.25 504.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 257.25 504.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 303.25 504.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 307.25 504.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 353.25 504.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 357.25 504.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 403.25 504.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.25 504.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.25 504.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.25 504.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.25 504.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.25 504.60 46.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 157.25 547.6 m 203.25 547.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 203.25 547.6 m 207.25 547.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.25 547.6 m 253.25 547.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 253.25 547.6 m 257.25 547.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 257.25 547.6 m 303.25 547.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 303.25 547.6 m 307.25 547.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307.25 547.6 m 353.25 547.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.25 547.6 m 403.25 547.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.25 547.6 m 407.25 547.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.25 547.6 m 453.25 547.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.25 547.6 m 457.25 547.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.25 547.6 m 503.25 547.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503.25 547.6 m 507.25 547.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.25 547.6 m 553.25 547.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 157.25 547.6 m 203.25 547.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 157.25 534.6 m 203.25 534.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.25 547.6 m 253.25 547.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.25 534.6 m 253.25 534.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 253.25 547.6 m 257.25 547.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 253.25 534.6 m 257.25 534.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 257.25 547.6 m 303.25 547.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 257.25 534.6 m 303.25 534.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307.25 534.6 m 353.25 534.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.25 547.6 m 403.25 547.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.25 534.6 m 403.25 534.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.25 547.6 m 453.25 547.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.25 534.6 m 453.25 534.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.25 547.6 m 457.25 547.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.25 534.6 m 457.25 534.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.25 547.6 m 503.25 547.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.25 534.6 m 503.25 534.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.25 534.6 m 553.25 534.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 157.25 534.6 m 203.25 534.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.25 534.6 m 253.25 534.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 257.25 534.6 m 303.25 534.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307.25 534.6 m 353.25 534.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.25 534.6 m 403.25 534.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.25 534.6 m 453.25 534.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.25 534.6 m 503.25 534.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.25 534.6 m 553.25 534.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 157.25 489.6 m 203.25 489.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.25 489.6 m 253.25 489.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 257.25 489.6 m 303.25 489.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.25 489.6 m 403.25 489.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.25 489.6 m 453.25 489.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.25 489.6 m 503.25 489.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.25 489.6 m 553.25 489.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 157.25 489.6 m 203.25 489.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 157.25 475.6 m 203.25 475.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 157.25 473.6 m 203.25 473.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.25 489.6 m 253.25 489.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.25 475.6 m 253.25 475.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.25 473.6 m 253.25 473.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 257.25 489.6 m 303.25 489.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 257.25 475.6 m 303.25 475.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 257.25 473.6 m 303.25 473.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307.25 489.6 m 353.25 489.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307.25 475.6 m 353.25 475.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307.25 473.6 m 353.25 473.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.25 489.6 m 403.25 489.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.25 475.6 m 403.25 475.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.25 473.6 m 403.25 473.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.25 489.6 m 453.25 489.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.25 475.6 m 453.25 475.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.25 473.6 m 453.25 473.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.25 489.6 m 503.25 489.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.25 475.6 m 503.25 475.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.25 473.6 m 503.25 473.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.25 489.6 m 553.25 489.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.25 475.6 m 553.25 475.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.25 473.6 m 553.25 473.6 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 59.75 552.28 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 222.50 551.83 Td (December) Tj ET Q q 0 0 0 rg BT 257.07 551.83 Td ( 29, 2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 422.50 551.83 Td (December) Tj ET Q q 0 0 0 rg BT 457.07 551.83 Td ( 30, 2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 59.75 538.83 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 163.50 538.83 Td (Americas) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 217.15 538.83 Td (Eur) Tj ET Q q 0 0 0 rg BT 230.41 538.83 Td (ope) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 272.15 538.83 Td (Asia) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 321.00 538.83 Td (T) Tj ET Q q 0 0 0 rg BT 325.97 538.83 Td (otal) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 363.50 538.83 Td (Americas) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 417.15 538.83 Td (Eur) Tj ET Q q 0 0 0 rg BT 430.41 538.83 Td (ope) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 472.15 538.83 Td (Asia) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 521.00 538.83 Td (T) Tj ET Q q 0 0 0 rg BT 525.60 538.83 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.75 524.27 Td (Accessory stores) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.40 524.27 Td (89) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 239.40 524.27 Td (94) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.40 524.27 Td (53) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.40 524.27 Td (236) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.40 524.27 Td (108) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.40 524.27 Td (106) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.40 524.27 Td (59) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.40 524.27 Td (273) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.75 509.27 Td (Outlets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 184.40 509.27 Td (126) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 239.40 509.27 Td (74) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.40 509.27 Td (40) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.40 509.27 Td (240) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.40 509.27 Td (136) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.40 509.27 Td (74) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.40 509.27 Td (46) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.40 509.27 Td (256) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.75 494.27 Td (Full priced multi-brand) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.40 494.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 244.40 494.27 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.40 494.27 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.40 494.27 Td (8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.40 494.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.40 494.27 Td (8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.40 494.27 Td (7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.40 494.27 Td (15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.75 479.27 Td (T) Tj ET Q q 0 0 0 rg BT 65.16 479.27 Td (otal stores) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 184.40 479.27 Td (215) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 234.40 479.27 Td (173) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.40 479.27 Td (96) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.40 479.27 Td (484) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.40 479.27 Td (244) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.40 479.27 Td (188) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.40 479.27 Td (1) Tj ET Q q 0 0 0 rg BT 489.40 479.27 Td (12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.40 479.27 Td (544) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 454.10 Td (During fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 146.69 454.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 166.69 454.10 Td (, we opened ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 217.23 454.10 Td (seven) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 240.00 454.10 Td ( new stores and closed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.47 454.10 Td (67) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.47 454.10 Td ( stores. During fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.00 454.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.00 454.10 Td (, we anticipate opening ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 442.10 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 109.76 442.10 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 119.76 442.10 Td ( additional retail stores and closing approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.21 442.10 Td (30) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.21 442.10 Td ( stores globally) Tj ET Q q 0 0 0 rg BT 392.66 442.10 Td (, depending on lease negotiations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 421.10 Td ( Both stores and e-commerce sites are included in comparable retail sales in the thirteenth month of operation. Stores that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 409.10 Td (experience a gross square footage increase of 10% or more due to an expansion and/or relocation are removed from the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 397.10 Td (comparable store sales base, but are included in total sales. ) Tj ET Q q 0 0 0 rg BT 287.01 397.10 Td (These stores are returned to the comparable store sales base in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 385.10 Td (thirteenth month following the expansion and/or relocation. Comparable retail sales also exclude the ef) Tj ET Q q 0 0 0 rg BT 461.41 385.10 Td (fects of foreign currency ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 373.10 Td (fluctuations. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 72.00 352.10 Td (Gross Profit. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 127.28 352.10 Td (Gross profit of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 188.67 352.10 Td ($1.3 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 234.78 352.10 Td ( in fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.42 352.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.42 352.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.92 352.10 Td (decreased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.33 352.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.83 352.10 Td (1.4%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.66 352.10 Td ( compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.37 352.10 Td ($1.4 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.48 352.10 Td ( in fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.12 352.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.12 352.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 340.10 Td (mainly as a result of decreased sales and mostly of) Tj ET Q q 0 0 0 rg BT 251.76 340.10 Td (fset by a higher gross mar) Tj ET Q q 0 0 0 rg BT 355.16 340.10 Td (gin rate. Gross profit mar) Tj ET Q q 0 0 0 rg BT 456.34 340.10 Td (gin ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.62 340.10 Td (increased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.37 340.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 511.87 340.10 Td (400) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.87 340.10 Td ( basis ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 328.10 Td (points to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.73 328.10 Td (52.7%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.56 328.10 Td ( in fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.20 328.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.20 328.10 Td ( compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.90 328.10 Td (48.7%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.73 328.10 Td ( in the prior fiscal year) Tj ET Q q 0 0 0 rg BT 360.13 328.10 Td (, driven in part by a favorable comparison against ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 316.10 Td (an inventory valuation reserve of approximately $40 million, primarily for excess levels of connected products recorded in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 304.10 Td (fiscal year 2017, lower promotional activity and markdowns and favorable product mix. Gross profit mar) Tj ET Q q 0 0 0 rg BT 472.82 304.10 Td (gin was also ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 292.10 Td (favorably impacted by approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 202.22 292.10 Td (80) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 212.22 292.10 Td ( basis points due to currency movements, as well as benefits from NWF driven by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 280.10 Td (direct sourcing and design to value initiatives.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 72.00 259.10 Td (Operating Expenses. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 160.06 259.10 Td (For fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 220.32 259.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 240.32 259.10 Td (, total operating expenses ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.45 259.10 Td (decreased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.87 259.10 Td ( by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.87 259.10 Td ($505.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.37 259.10 Td ( million and, as a percentage of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 247.10 Td (net sales, decreased to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 140.85 247.10 Td (50.3%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 166.68 247.10 Td (, compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 223.88 247.10 Td (64.0%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.71 247.10 Td ( in fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.35 247.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.35 247.10 Td (, lar) Tj ET Q q 0 0 0 rg BT 341.72 247.10 Td (gely due to decreased non-cash intangible impairment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 235.10 Td (char) Tj ET Q q 0 0 0 rg BT 66.53 235.10 Td (ges of $6.2 million in fiscal year 2018 compared to $407.1 million recorded in fiscal 2017. During fiscal year 2018, we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 223.10 Td (incurred restructuring char) Tj ET Q q 0 0 0 rg BT 155.94 223.10 Td (ges of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 182.60 223.10 Td ($46.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 236.49 223.10 Td ( under our NWF initiative compared to restructuring char) Tj ET Q q 0 0 0 rg BT 465.68 223.10 Td (ges of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.34 223.10 Td ($48.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.23 223.10 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 211.10 Td (fiscal year 2017. During fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 193.05 211.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 213.05 211.10 Td (, excluding non-cash intangible impairment char) Tj ET Q q 0 0 0 rg BT 406.70 211.10 Td (ges and restructuring, operating ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 199.10 Td (expenses decreased, primarily due to corporate and regional infrastructure reductions, lower store costs due to store closures ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 187.10 Td (and lower variable marketing expenses. ) Tj ET Q q 0 0 0 rg BT 210.37 187.10 Td (The translation of foreign-denominated expenses during fiscal year 2018 increased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 175.10 Td (operating expenses by approximately $13.7 million as a result of the weaker U.S. dollar) Tj ET Q q 0 0 0 rg BT 399.97 175.10 Td (. ) Tj ET Q q 0 0 0 rg BT 406.92 175.10 Td (As a percentage of net sales, SG&A) Tj ET Q q 0 0 0 rg BT 550.49 175.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 163.10 Td (expenses increased to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.63 163.10 Td (48.2%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 164.46 163.10 Td ( in fiscal 2018, as compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.43 163.10 Td (47.6%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.26 163.10 Td ( in fiscal 2017 due to the lower sales base.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 72.00 142.10 Td (Consolidated Operating Income \(Loss\). ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 236.73 142.10 Td (Operating income \(loss\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 335.87 142.10 Td (increased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.62 142.10 Td ( to income of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.16 142.10 Td ($62.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.05 142.10 Td ( in fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 130.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 130.10 Td (, as compared to a loss of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 173.36 130.10 Td ($424.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 232.25 130.10 Td ( in the prior fiscal year) Tj ET Q q 0 0 0 rg BT 322.65 130.10 Td (, primarily driven by decreased non-cash intangible ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 118.10 Td (impairment char) Tj ET Q q 0 0 0 rg BT 115.13 118.10 Td (ges of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 141.79 118.10 Td ($6.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 190.68 118.10 Td ( in fiscal year 2018 compared to $407.1 million in fiscal year 2017. Operating expenses in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 106.10 Td (fiscal year 2017 included non-cash intangible impairment char) Tj ET Q q 0 0 0 rg BT 299.51 106.10 Td (ges on our goodwill of $202.3 million, $1) Tj ET Q q 0 0 0 rg BT 466.08 106.10 Td (14.3 million and $42.9 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 94.10 Td (million in the ) Tj ET Q q 0 0 0 rg BT 105.33 94.10 Td (Americas, Europe and ) Tj ET Q q 0 0 0 rg BT 196.41 94.10 Td (Asia segments, respectively) Tj ET Q q 0 0 0 rg BT 307.12 94.10 Td (, and impairment char) Tj ET Q q 0 0 0 rg BT 394.69 94.10 Td (ges on our trade names of $47.6 million ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 82.10 Td (in corporate, while fiscal year 2018 included trade name impairment char) Tj ET Q q 0 0 0 rg BT 342.81 82.10 Td (ges of $6.2 million in corporate. Decreased sales were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 70.10 Td (lar) Tj ET Q q 0 0 0 rg BT 59.87 70.10 Td (gely of) Tj ET Q q 0 0 0 rg BT 87.73 70.10 Td (fset by an increased gross mar) Tj ET Q q 0 0 0 rg BT 208.34 70.10 Td (gin rate. ) Tj ET Q q 0 0 0 rg BT 243.05 70.10 Td (As a percentage of net sales, operating mar) Tj ET Q q 0 0 0 rg BT 415.02 70.10 Td (gin improved to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.40 70.10 Td (2.5%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.23 70.10 Td ( in fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 58.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 58.10 Td ( as compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 135.03 58.10 Td (\(15.2\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 167.52 58.10 Td ( in fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 224.16 58.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 244.16 58.10 Td (. Excluding non-cash intangible impairment char) Tj ET Q q 0 0 0 rg BT 441.98 58.10 Td (ges and restructuring ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 46.10 Td (expenses, operating income improved $84.5 million for fiscal 2018 as compared to fiscal 2017.) Tj ET Q endstream endobj 75 0 obj <>] /Rotate 0 /Contents 76 0 R>> endobj 76 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (34) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 742.10 Td (Operating income \(loss\) by operating segment is summarized as follows \(dollars in millions\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 52.75 696.60 194.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 246.75 696.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 293.75 696.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 297.75 696.60 45.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.75 696.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.75 696.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.75 696.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.75 696.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 443.75 696.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.75 696.60 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.75 696.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.75 696.60 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 52.75 666.60 194.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 246.75 666.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 293.75 666.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 297.75 666.60 45.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.75 666.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.75 666.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.75 666.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.75 666.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 443.75 666.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.75 666.60 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.75 666.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.75 666.60 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 52.75 636.60 194.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 246.75 636.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 293.75 636.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 297.75 636.60 45.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.75 636.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.75 636.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.75 636.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.75 636.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 443.75 636.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.75 636.60 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.75 636.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.75 636.60 53.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 246.75 709.6 m 293.75 709.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 293.75 709.6 m 297.75 709.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 297.75 709.6 m 342.75 709.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.75 709.6 m 393.75 709.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.75 709.6 m 397.75 709.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397.75 709.6 m 443.75 709.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447.75 709.6 m 500.75 709.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.75 709.6 m 504.75 709.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504.75 709.6 m 557.75 709.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 246.75 709.6 m 293.75 709.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 246.75 696.6 m 293.75 696.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 297.75 709.6 m 342.75 709.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 297.75 696.6 m 342.75 696.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.75 696.6 m 393.75 696.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397.75 709.6 m 443.75 709.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397.75 696.6 m 443.75 696.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447.75 709.6 m 500.75 709.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447.75 696.6 m 500.75 696.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.75 709.6 m 504.75 709.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504.75 709.6 m 557.75 709.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504.75 696.6 m 557.75 696.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 246.75 696.6 m 293.75 696.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 297.75 696.6 m 342.75 696.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447.75 696.6 m 500.75 696.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504.75 696.6 m 557.75 696.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 246.75 636.6 m 293.75 636.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 297.75 636.6 m 342.75 636.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 246.75 636.6 m 293.75 636.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 246.75 622.6 m 293.75 622.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 246.75 620.6 m 293.75 620.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 297.75 636.6 m 342.75 636.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 297.75 622.6 m 342.75 622.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 297.75 620.6 m 342.75 620.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.75 636.6 m 393.75 636.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.75 622.6 m 393.75 622.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.75 620.6 m 393.75 620.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 275.45 713.83 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 297.30 713.83 Td (Y) Tj ET Q q 0 0 0 rg BT 302.48 713.83 Td (ear) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 365.15 713.83 Td (Gr) Tj ET Q q 0 0 0 rg BT 374.85 713.83 Td (owth \(Decline\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 465.80 713.83 Td (Operating Margin %) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 261.75 700.83 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 311.75 700.83 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 357.30 700.83 Td (Dollars) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 401.40 700.83 Td (Per) Tj ET Q q 0 0 0 rg BT 413.32 700.83 Td (centage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 465.75 700.83 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 522.75 700.83 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.25 686.27 Td (Americas) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.25 686.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.40 686.27 Td (185.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.25 686.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.05 686.32 Td (\(47.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.90 686.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.25 686.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.40 686.27 Td (233.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.70 686.27 Td (\(486.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.55 686.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.40 686.27 Td (15.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.90 686.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.70 686.27 Td (\(3.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.55 686.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.25 671.27 Td (Europe) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.40 671.27 Td (129.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.40 671.27 Td (32.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.40 671.27 Td (96.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.05 671.27 Td (293.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.40 671.27 Td (15.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.00 671.27 Td (3.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.25 656.27 Td (Asia) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 272.40 656.27 Td (87.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.05 656.32 Td (\(12.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.90 656.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.40 656.27 Td (100.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.70 656.27 Td (\(800.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.55 656.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.40 656.27 Td (17.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.70 656.27 Td (\(2.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.55 656.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.25 641.27 Td (Corporate) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 264.05 641.27 Td (\(339.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.90 641.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.05 641.32 Td (\(396.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.90 641.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.40 641.27 Td (57.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.70 641.27 Td (\(14.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.55 641.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.90 641.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.25 626.27 Td (T) Tj ET Q q 0 0 0 rg BT 78.66 626.27 Td (otal operating income \(loss\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.25 626.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 272.40 626.27 Td (62.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.25 626.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.05 626.32 Td (\(424.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.90 626.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.25 626.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.40 626.27 Td (487.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.70 626.27 Td (\(1) Tj ET Q q 0 0 0 rg BT 414.03 626.27 Td (14.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.55 626.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.40 626.27 Td (2.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.90 626.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.70 626.27 Td (\(15.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.55 626.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 72.00 601.10 Td (Interest Expense. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 146.17 601.10 Td (Interest expense ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 213.36 601.10 Td (decreased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 252.78 601.10 Td ( by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.78 601.10 Td ($0.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.28 601.10 Td (million in fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.31 601.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.31 601.10 Td (, as a result of lower debt levels, partially ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 589.10 Td (of) Tj ET Q q 0 0 0 rg BT 57.65 589.10 Td (fset by higher interest rates on our amended credit facility) Tj ET Q q 0 0 0 rg BT 288.30 589.10 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 72.00 568.10 Td (Other Income \(Expense\)Net. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 203.10 568.10 Td (During fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.79 568.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.79 568.10 Td (, other income \(expense\) - net was expense of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.27 568.10 Td ($38,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.77 568.10 Td ( compared ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 556.10 Td (to income of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 102.54 556.10 Td ($13.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.43 556.10 Td ( in fiscal year 2017, primarily driven by net foreign currency losses in fiscal year 2018 compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 544.10 Td (net foreign currency gains in fiscal year 2017 resulting from cash flow hedging and other transactional activities.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 72.00 523.10 Td (Provision for Income T) Tj ET Q q 0 0 0 rg BT 167.47 523.10 Td (axes. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 190.80 523.10 Td (Income tax expense for fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 330.73 523.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.73 523.10 Td ( was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.28 523.10 Td ($21.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.17 523.10 Td (, resulting in an ef) Tj ET Q q 0 0 0 rg BT 497.47 523.10 Td (fective tax rate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 511.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.33 511.10 Td (104.7%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 91.16 511.10 Td (, compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 148.36 511.10 Td (\(4.4\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.85 511.10 Td ( in fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 232.49 511.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 252.49 511.10 Td (. ) Tj ET Q q 0 0 0 rg BT 257.31 511.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 275.36 511.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.36 511.10 Td ( ef) Tj ET Q q 0 0 0 rg BT 305.45 511.10 Td (fective rate was negatively impacted by the accrual of valuation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 499.10 Td (allowances on U.S. and some foreign deferred tax assets and the inclusion of foreign income taxed in the U.S. which was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 487.10 Td (partially of) Tj ET Q q 0 0 0 rg BT 93.47 487.10 Td (fset by certain favorable permanent dif) Tj ET Q q 0 0 0 rg BT 248.49 487.10 Td (ferences. ) Tj ET Q q 0 0 0 rg BT 289.12 487.10 Td (The 2017 ef) Tj ET Q q 0 0 0 rg BT 337.25 487.10 Td (fective rate was negatively impacted by the accrual of a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 475.10 Td (valuation allowance on U.S. net deferred tax assets as well as some foreign deferred tax assets, the non-deductibility of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 463.10 Td (intangible asset impairments, and the impact of a one-time repatriation tax on deferred foreign earnings under the ) Tj ET Q q 0 0 0 rg BT 505.27 463.10 Td (T) Tj ET Q q 0 0 0 rg BT 510.68 463.10 Td (ax ) Tj ET Q q 0 0 0 rg BT 522.06 463.10 Td (Act. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 72.00 442.10 Td (Net Income \(Loss\) ) Tj ET Q q 0 0 0 rg BT 150.23 442.10 Td (Attributable to Fossil Group,Inc. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.54 442.10 Td (Fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.63 442.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.63 442.10 Td ( net income \(loss\) attributable to Fossil Group,Inc. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 430.10 Td (was a loss of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.38 430.10 Td ($0.07) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.88 430.10 Td ( per diluted share in comparison to a loss of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.06 430.10 Td ($9.87) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 325.56 430.10 Td ( per diluted share in the prior fiscal year) Tj ET Q q 0 0 0 rg BT 484.95 430.10 Td (. Fiscal year 2018 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 418.10 Td (included restructuring char) Tj ET Q q 0 0 0 rg BT 157.05 418.10 Td (ges of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 183.71 418.10 Td ($0.75) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 206.21 418.10 Td ( per diluted share and non-cash intangible asset impairment char) Tj ET Q q 0 0 0 rg BT 463.45 418.10 Td (ges of $0.10 per diluted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 406.10 Td (share. In comparison, fiscal year 2017 diluted earnings \(loss\) per share included non-cash intangible asset impairment char) Tj ET Q q 0 0 0 rg BT 542.77 406.10 Td (ges ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 394.10 Td (of $7.07 per diluted share, tax char) Tj ET Q q 0 0 0 rg BT 188.71 394.10 Td (ges resulting from the ) Tj ET Q q 0 0 0 rg BT 278.51 394.10 Td (T) Tj ET Q q 0 0 0 rg BT 283.92 394.10 Td (ax ) Tj ET Q q 0 0 0 rg BT 295.31 394.10 Td (Act and valuation allowances established on deferred tax assets of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 382.10 Td ($2.20 per diluted share and restructuring char) Tj ET Q q 0 0 0 rg BT 231.20 382.10 Td (ges of $0.65 per diluted share. Excluding the impacts from restructuring ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 370.10 Td (expenses, non-cash intangible asset impairment char) Tj ET Q q 0 0 0 rg BT 259.25 370.10 Td (ges, and the ) Tj ET Q q 0 0 0 rg BT 309.06 370.10 Td (T) Tj ET Q q 0 0 0 rg BT 314.47 370.10 Td (ax ) Tj ET Q q 0 0 0 rg BT 325.85 370.10 Td (Act and valuation allowance, net income attributable to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 358.10 Td (Fossil, Group, Inc. increased $0.73 per diluted share in fiscal year 2018 as compared to fiscal year 2017 lar) Tj ET Q q 0 0 0 rg BT 477.52 358.10 Td (gely due to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 346.10 Td (impacts from NWF benefits, a favorable comparison against an inventory valuation reserve of approximately $40 million, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 334.10 Td (primarily for excess levels of connected products recorded in fiscal year 2017, and store closures. Fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.45 334.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.45 334.10 Td ( net income ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 322.10 Td (\(loss\) attributable to Fossil Group, Inc. was negatively impacted by lower sales which was partly of) Tj ET Q q 0 0 0 rg BT 447.28 322.10 Td (fset by an increased gross ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 310.10 Td (mar) Tj ET Q q 0 0 0 rg BT 64.87 310.10 Td (gin rate. Currencies, including both the translation impact on operating earnings and the impact of foreign currency ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 298.10 Td (hedging contracts, favorably af) Tj ET Q q 0 0 0 rg BT 173.71 298.10 Td (fected the year) Tj ET Q q 0 0 0 rg BT 232.36 298.10 Td (-over) Tj ET Q q 0 0 0 rg BT 253.26 298.10 Td (-year diluted earnings \(loss\) per share comparison by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.19 298.10 Td ($0.09) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.69 298.10 Td (. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 277.10 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 76.62 277.10 Td (Y) Tj ET Q q 0 0 0 rg BT 82.74 277.10 Td (ear) Tj ET Q q 0 0 0 rg BT 96.43 277.10 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 98.93 277.10 Td (2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 118.93 277.10 Td ( Compar) Tj ET Q q 0 0 0 rg BT 156.80 277.10 Td (ed to Fiscal ) Tj ET Q q 0 0 0 rg BT 207.26 277.10 Td (Y) Tj ET Q q 0 0 0 rg BT 213.37 277.10 Td (ear) Tj ET Q q 0 0 0 rg BT 227.07 277.10 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 229.57 277.10 Td (2016) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 249.57 277.10 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 72.00 253.10 Td (Consolidated Net Sales.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.50 253.10 Td (Net sales decreased $254.2 million or 8.4% \(9.1% in constant currency\) for fiscal year 2017, as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 241.10 Td (compared to fiscal year 2016. Global watch sales decreased $131.3 million or 5.6% \(6.4% in constant currency\), with increases ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 229.10 Td (in EMPORIO ) Tj ET Q q 0 0 0 rg BT 106.73 229.10 Td (ARMANI, ) Tj ET Q q 0 0 0 rg BT 151.74 229.10 Td (ARMANI EXCHANGE and FOSSIL) Tj ET Q q 0 0 0 rg BT 302.20 229.10 Td ( more than of) Tj ET Q q 0 0 0 rg BT 355.61 229.10 Td (fset by declines in most other brands in our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 217.10 Td (portfolio. Our leathers business decreased $68.3 million or 17.3% \(18.0% in constant currency\). Our jewelry category ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 205.10 Td (decreased $39.7 million or 15.8% \(16.7% in constant currency\), mostly as a result of a decrease in sales of MICHAEL) Tj ET Q q 0 0 0 rg BT 523.16 205.10 Td ( KORS, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 193.10 Td (FOSSIL) Tj ET Q q 0 0 0 rg BT 82.47 193.10 Td ( and MISFIT) Tj ET Q q 0 0 0 rg BT 134.51 193.10 Td ( branded products during fiscal year 2017 as compared to fiscal year 2016.) Tj ET Q endstream endobj 77 0 obj <>] /Rotate 0 /Contents 78 0 R>> endobj 78 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (35) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 742.10 Td (Net sales information by product category is summarized on a reported and constant currency basis as follows \(dollars in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 730.10 Td (millions\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 83.00 667.60 105.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 188.00 667.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 235.00 667.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 239.00 667.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 288.00 667.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.00 667.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.00 667.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.00 667.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.00 667.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.00 667.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.00 667.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.00 667.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.00 667.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.00 667.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 83.00 637.60 105.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 188.00 637.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 235.00 637.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 239.00 637.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 288.00 637.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.00 637.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.00 637.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.00 637.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.00 637.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.00 637.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.00 637.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.00 637.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.00 637.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.00 637.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 83.00 607.60 105.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 188.00 607.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 235.00 607.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 239.00 607.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 288.00 607.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.00 607.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.00 607.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.00 607.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.00 607.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.00 607.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.00 607.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.00 607.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.00 607.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.00 607.60 49.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 188 706.6 m 235 706.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 235 706.6 m 239 706.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 239 706.6 m 288 706.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 288 706.6 m 292 706.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 706.6 m 340 706.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340 706.6 m 344 706.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 706.6 m 393 706.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 188 706.6 m 235 706.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 188 693.6 m 235 693.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 235 693.6 m 239 693.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 239 693.6 m 288 693.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 706.6 m 340 706.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 693.6 m 340 693.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340 693.6 m 344 693.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 693.6 m 393 693.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397 693.6 m 444 693.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 693.6 m 448 693.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 693.6 m 497 693.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497 693.6 m 501 693.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501 693.6 m 550 693.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501 693.6 m 550 693.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 188 667.6 m 235 667.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 239 667.6 m 288 667.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 667.6 m 340 667.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 667.6 m 393 667.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397 667.6 m 444 667.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 667.6 m 497 667.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501 667.6 m 550 667.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 188 667.6 m 235 667.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 667.6 m 340 667.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 188 607.6 m 235 607.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 607.6 m 340 607.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397 607.6 m 444 607.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 188 607.6 m 235 607.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 188 593.6 m 235 593.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 188 591.6 m 235 591.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 239 607.6 m 288 607.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 239 593.6 m 288 593.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 239 591.6 m 288 591.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 607.6 m 340 607.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 593.6 m 340 593.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 591.6 m 340 591.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 607.6 m 393 607.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 593.6 m 393 593.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 591.6 m 393 591.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397 607.6 m 444 607.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397 593.6 m 444 593.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397 591.6 m 444 591.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 607.6 m 497 607.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 593.6 m 497 593.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 591.6 m 497 591.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501 607.6 m 550 607.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501 593.6 m 550 593.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501 591.6 m 550 591.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 271.20 710.83 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 293.05 710.83 Td (Y) Tj ET Q q 0 0 0 rg BT 298.23 710.83 Td (ear) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 229.50 697.83 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 334.00 697.83 Td (2016) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 443.40 697.83 Td (Gr) Tj ET Q q 0 0 0 rg BT 453.10 697.83 Td (owth \(Decline\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 244.15 679.83 Td (Per) Tj ET Q q 0 0 0 rg BT 255.99 679.83 Td (centage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 249.95 671.83 Td (of ) Tj ET Q q 0 0 0 rg BT 258.47 671.83 Td (T) Tj ET Q q 0 0 0 rg BT 263.07 671.83 Td (otal) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 349.15 679.83 Td (Per) Tj ET Q q 0 0 0 rg BT 360.99 679.83 Td (centage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 354.95 671.83 Td (of ) Tj ET Q q 0 0 0 rg BT 363.47 671.83 Td (T) Tj ET Q q 0 0 0 rg BT 368.07 671.83 Td (otal) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.15 679.83 Td (Per) Tj ET Q q 0 0 0 rg BT 465.07 679.83 Td (centage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 451.40 671.83 Td (as Reported) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 506.15 685.68 Td (Per) Tj ET Q q 0 0 0 rg BT 518.07 685.68 Td (centage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 509.40 677.68 Td (Constant) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 508.60 669.73 Td (Curr) Tj ET Q q 0 0 0 rg BT 525.86 669.73 Td (ency) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 195.40 671.83 Td (Amounts) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 299.90 671.83 Td (Amounts) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 407.55 671.83 Td (Dollars) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 657.27 Td (W) Tj ET Q q 0 0 0 rg BT 94.54 657.27 Td (atches) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 190.50 657.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 201.10 657.27 Td (2,199.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 261.65 657.27 Td (78.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.15 657.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.50 657.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.10 657.27 Td (2,330.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 657.27 Td (76.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.15 657.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.50 657.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.30 657.32 Td (\(131.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.15 657.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.95 657.27 Td (\(5.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.80 657.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.95 657.27 Td (\(6.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.80 657.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 642.27 Td (Leathers) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 208.65 642.27 Td (325.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 261.65 642.27 Td (1) Tj ET Q q 0 0 0 rg BT 266.65 642.27 Td (1.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.65 642.27 Td (393.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 642.27 Td (12.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.30 642.32 Td (\(68.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.15 642.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.95 642.27 Td (\(17.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.80 642.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.95 642.27 Td (\(18.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.80 642.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 627.27 Td (Jewelry) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 208.65 627.27 Td (21) Tj ET Q q 0 0 0 rg BT 218.65 627.27 Td (1.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.65 627.27 Td (7.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.65 627.27 Td (251.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 627.27 Td (8.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.30 627.32 Td (\(39.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.15 627.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.95 627.27 Td (\(15.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.80 627.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.95 627.27 Td (\(16.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.80 627.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 612.27 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 213.65 612.27 Td (52.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.65 612.27 Td (1.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.65 612.27 Td (66.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 612.27 Td (2.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.30 612.32 Td (\(14.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.15 612.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.95 612.27 Td (\(22.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.80 612.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.95 612.27 Td (\(22.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.80 612.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 597.27 Td (T) Tj ET Q q 0 0 0 rg BT 90.91 597.27 Td (otal net sales) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 190.50 597.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 201.10 597.27 Td (2,788.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 256.65 597.27 Td (100.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.15 597.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.50 597.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.10 597.27 Td (3,042.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.65 597.27 Td (100.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.15 597.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.50 597.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.30 597.32 Td (\(254.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.15 597.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.95 597.27 Td (\(8.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.80 597.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.95 597.27 Td (\(9.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.80 597.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 560.10 Td (The following table sets forth consolidated net sales by segment on a reported and constant currency basis \(dollars in millions\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 71.25 483.60 105.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 176.25 483.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 224.25 483.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 228.25 483.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 276.25 483.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 280.25 483.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.25 483.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.25 483.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 381.25 483.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.25 483.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.25 483.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.25 483.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.25 483.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.25 483.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 71.25 453.60 105.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 176.25 453.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 224.25 453.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 228.25 453.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 276.25 453.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 280.25 453.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.25 453.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.25 453.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 381.25 453.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.25 453.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.25 453.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.25 453.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.25 453.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.25 453.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 71.25 423.60 105.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 176.25 423.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 224.25 423.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 228.25 423.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 276.25 423.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 280.25 423.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.25 423.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.25 423.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 381.25 423.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.25 423.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.25 423.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.25 423.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.25 423.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.25 423.60 49.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 176.25 524.6 m 224.25 524.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 224.25 524.6 m 228.25 524.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 228.25 524.6 m 276.25 524.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.25 524.6 m 280.25 524.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.25 524.6 m 329.25 524.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.25 524.6 m 333.25 524.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.25 524.6 m 381.25 524.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 176.25 524.6 m 224.25 524.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 176.25 511.6 m 224.25 511.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 224.25 511.6 m 228.25 511.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 228.25 511.6 m 276.25 511.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.25 524.6 m 329.25 524.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.25 511.6 m 329.25 511.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.25 511.6 m 333.25 511.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.25 511.6 m 381.25 511.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385.25 511.6 m 433.25 511.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.25 511.6 m 437.25 511.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.25 511.6 m 486.25 511.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.25 511.6 m 490.25 511.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.25 511.6 m 539.25 511.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 176.25 511.6 m 224.25 511.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 224.25 511.6 m 228.25 511.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 228.25 511.6 m 276.25 511.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.25 511.6 m 329.25 511.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.25 511.6 m 333.25 511.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.25 511.6 m 381.25 511.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.25 511.6 m 486.25 511.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.25 511.6 m 539.25 511.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 176.25 483.6 m 224.25 483.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 228.25 483.6 m 276.25 483.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.25 483.6 m 329.25 483.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.25 483.6 m 381.25 483.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385.25 483.6 m 433.25 483.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.25 483.6 m 486.25 483.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.25 483.6 m 539.25 483.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 176.25 483.6 m 224.25 483.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.25 483.6 m 329.25 483.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.25 483.6 m 486.25 483.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.25 483.6 m 539.25 483.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 176.25 423.6 m 224.25 423.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 228.25 423.6 m 276.25 423.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.25 423.6 m 329.25 423.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385.25 423.6 m 433.25 423.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.25 423.6 m 486.25 423.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.25 423.6 m 539.25 423.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 176.25 423.6 m 224.25 423.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 176.25 409.6 m 224.25 409.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 176.25 407.6 m 224.25 407.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 228.25 409.6 m 276.25 409.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 228.25 407.6 m 276.25 407.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.25 409.6 m 329.25 409.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.25 407.6 m 329.25 407.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.25 423.6 m 381.25 423.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.25 409.6 m 381.25 409.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.25 407.6 m 381.25 407.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385.25 409.6 m 433.25 409.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385.25 407.6 m 433.25 407.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.25 409.6 m 486.25 409.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.25 407.6 m 486.25 407.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.25 409.6 m 539.25 409.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.25 407.6 m 539.25 407.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 259.45 528.83 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 281.30 528.83 Td (Y) Tj ET Q q 0 0 0 rg BT 286.48 528.83 Td (ear) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 217.75 515.83 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 322.25 515.83 Td (2016) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 432.15 515.83 Td (Gr) Tj ET Q q 0 0 0 rg BT 441.85 515.83 Td (owth \(Decline\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 442.40 495.83 Td (Per) Tj ET Q q 0 0 0 rg BT 454.32 495.83 Td (centage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 440.65 487.83 Td (as Reported) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 495.40 503.68 Td (Per) Tj ET Q q 0 0 0 rg BT 507.32 503.68 Td (centage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 498.65 495.68 Td (Constant) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 497.85 487.68 Td (Curr) Tj ET Q q 0 0 0 rg BT 515.11 487.68 Td (ency) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 232.90 495.83 Td (Per) Tj ET Q q 0 0 0 rg BT 244.74 495.83 Td (centage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 238.70 487.83 Td (of ) Tj ET Q q 0 0 0 rg BT 247.22 487.83 Td (T) Tj ET Q q 0 0 0 rg BT 251.82 487.83 Td (otal) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 337.90 495.83 Td (Per) Tj ET Q q 0 0 0 rg BT 349.74 495.83 Td (centage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 343.70 487.83 Td (of ) Tj ET Q q 0 0 0 rg BT 352.22 487.83 Td (T) Tj ET Q q 0 0 0 rg BT 356.82 487.83 Td (otal) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 184.15 487.83 Td (Amounts) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 288.65 487.83 Td (Amounts) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 396.30 487.83 Td (Dollars) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 79.75 473.27 Td (Americas) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 178.75 473.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 190.35 473.27 Td (1,314.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.90 473.27 Td (47.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.40 473.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.75 473.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.35 473.27 Td (1,523.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.90 473.27 Td (50.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.40 473.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.75 473.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.55 473.32 Td (\(209.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.40 473.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.20 473.27 Td (\(13.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.05 473.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.20 473.27 Td (\(13.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.05 473.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 79.75 458.27 Td (Europe) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 197.90 458.27 Td (971.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.90 458.27 Td (34.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 302.90 458.27 Td (996.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.90 458.27 Td (32.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.55 458.32 Td (\(25.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.40 458.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.20 458.27 Td (\(2.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.05 458.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 511.20 458.27 Td (\(4.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.05 458.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 79.75 443.27 Td (Asia) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 197.90 443.27 Td (496.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.90 443.27 Td (17.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 302.90 443.27 Td (514.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.90 443.27 Td (16.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.55 443.32 Td (\(18.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.40 443.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.20 443.27 Td (\(3.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.05 443.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 511.20 443.27 Td (\(4.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.05 443.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 79.75 428.27 Td (Corporate) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 207.90 428.27 Td (5.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.90 428.27 Td (0.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.90 428.27 Td (7.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.90 428.27 Td (0.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.55 428.32 Td (\(1.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.40 428.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.20 428.27 Td (\(24.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.05 428.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.20 428.27 Td (\(24.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.05 428.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 91.75 413.27 Td (T) Tj ET Q q 0 0 0 rg BT 97.16 413.27 Td (otal net sales) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 178.75 413.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 190.35 413.27 Td (2,788.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 244.85 413.27 Td (100.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.40 413.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.75 413.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.35 413.27 Td (3,042.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.85 413.27 Td (100.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.40 413.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.75 413.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.55 413.32 Td (\(254.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.40 413.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.20 413.27 Td (\(8.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.05 413.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 511.20 413.27 Td (\(9.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.05 413.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 72.00 388.10 Td (Americas Net Sales.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.50 388.10 Td ( During fiscal year 2017, the ) Tj ET Q q 0 0 0 rg BT 270.85 388.10 Td (Americas segment was our most challenging. ) Tj ET Q q 0 0 0 rg BT 456.92 388.10 Td (Americas net sales ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 376.10 Td (decreased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 91.41 376.10 Td ($209.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.31 376.10 Td ( or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 163.64 376.10 Td (13.7%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.47 376.10 Td ( \() Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 195.30 376.10 Td (13.9%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 221.13 376.10 Td ( in constant currency\), lar) Tj ET Q q 0 0 0 rg BT 323.40 376.10 Td (gely driven by watches. During fiscal year 2017, our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 364.10 Td (multi-brand watch portfolio decreased $132.2 million or 1) Tj ET Q q 0 0 0 rg BT 281.85 364.10 Td (1.4% \(1) Tj ET Q q 0 0 0 rg BT 313.14 364.10 Td (1.5% in constant currency\), with declines across all brands. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 352.10 Td (Continued softness in traditional watches was partially of) Tj ET Q q 0 0 0 rg BT 278.99 352.10 Td (fset by increases in connected watches, with the strongest ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 340.10 Td (performances coming from FOSSIL) Tj ET Q q 0 0 0 rg BT 193.82 340.10 Td ( and MICHAEL) Tj ET Q q 0 0 0 rg BT 258.44 340.10 Td ( KORS connected watches. Our leathers category decreased $49.5 million ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 328.10 Td (or 20.0% \(20.2% in constant currency\), lar) Tj ET Q q 0 0 0 rg BT 220.10 328.10 Td (gely driven by FOSSIL) Tj ET Q q 0 0 0 rg BT 313.33 328.10 Td ( branded product, and our jewelry business decreased $21.1 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 316.10 Td (million or 23.0% \(23.3% in constant currency\), lar) Tj ET Q q 0 0 0 rg BT 251.49 316.10 Td (gely due to MISFIT) Tj ET Q q 0 0 0 rg BT 331.02 316.10 Td ( branded product. ) Tj ET Q q 0 0 0 rg BT 406.10 316.10 Td (W) Tj ET Q q 0 0 0 rg BT 415.13 316.10 Td (ithin the region, sales declined in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 304.10 Td (the U.S. and Canada, while sales in Mexico were flat. Comparable retail sales \(including e-commerce\) decreased moderately in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 292.10 Td (the region, as negative comparable sales in our stores were partially of) Tj ET Q q 0 0 0 rg BT 330.88 292.10 Td (fset by positive comparable sales in our e-commerce ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 280.10 Td (business.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 259.10 Td (The following table sets forth product net sales for the ) Tj ET Q q 0 0 0 rg BT 290.83 259.10 Td (Americas segment on a reported and constant currency basis by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 247.10 Td (fiscal year \(dollars in millions\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 136.00 184.60 105.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 241.00 184.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 288.00 184.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.00 184.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.00 184.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.00 184.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.00 184.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 395.00 184.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.00 184.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.00 184.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 136.00 154.60 105.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 241.00 154.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 288.00 154.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.00 154.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.00 154.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.00 154.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.00 154.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 395.00 154.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.00 154.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.00 154.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 136.00 124.60 105.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 241.00 124.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 288.00 124.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.00 124.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.00 124.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.00 124.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.00 124.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 395.00 124.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.00 124.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.00 124.60 49.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241 223.60000000000002 m 288 223.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 288 223.60000000000002 m 292 223.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 223.60000000000002 m 340 223.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241 223.60000000000002 m 288 223.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241 210.60000000000002 m 288 210.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 288 223.60000000000002 m 292 223.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 288 210.60000000000002 m 292 210.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 223.60000000000002 m 340 223.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 210.60000000000002 m 340 210.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 210.60000000000002 m 391 210.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391 210.60000000000002 m 395 210.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395 210.60000000000002 m 444 210.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 210.60000000000002 m 448 210.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 210.60000000000002 m 497 210.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 210.60000000000002 m 497 210.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241 184.60000000000002 m 288 184.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 184.60000000000002 m 340 184.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 184.60000000000002 m 391 184.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395 184.60000000000002 m 444 184.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 184.60000000000002 m 497 184.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241 184.60000000000002 m 288 184.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 184.60000000000002 m 340 184.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241 124.60000000000002 m 288 124.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 124.60000000000002 m 340 124.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 124.60000000000002 m 391 124.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241 124.60000000000002 m 288 124.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241 110.60000000000002 m 288 110.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241 108.60000000000002 m 288 108.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 124.60000000000002 m 340 124.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 110.60000000000002 m 340 110.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 108.60000000000002 m 340 108.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 124.60000000000002 m 391 124.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 110.60000000000002 m 391 110.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 108.60000000000002 m 391 108.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395 124.60000000000002 m 444 124.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395 110.60000000000002 m 444 110.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395 108.60000000000002 m 444 108.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 124.60000000000002 m 497 124.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 110.60000000000002 m 497 110.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 108.60000000000002 m 497 108.60000000000002 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 274.30 227.83 Td (Net Sales) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 271.20 214.83 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 293.05 214.83 Td (Y) Tj ET Q q 0 0 0 rg BT 298.23 214.83 Td (ear) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 390.40 214.83 Td (Gr) Tj ET Q q 0 0 0 rg BT 400.10 214.83 Td (owth \(Decline\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 400.15 196.83 Td (Per) Tj ET Q q 0 0 0 rg BT 412.07 196.83 Td (centage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 398.40 188.83 Td (as Reported) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.15 202.68 Td (Per) Tj ET Q q 0 0 0 rg BT 465.07 202.68 Td (centage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 456.40 194.68 Td (Constant) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 455.60 186.73 Td (Curr) Tj ET Q q 0 0 0 rg BT 472.86 186.73 Td (ency) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 256.00 188.83 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 307.50 188.83 Td (2016) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 354.55 188.83 Td (Dollars) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.50 174.27 Td (W) Tj ET Q q 0 0 0 rg BT 147.54 174.27 Td (atches) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.50 174.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.10 174.27 Td (1,030.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.50 174.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.10 174.27 Td (1,162.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.50 174.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.30 174.27 Td (\(132.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.15 174.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.95 174.27 Td (\(1) Tj ET Q q 0 0 0 rg BT 419.28 174.27 Td (1.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.80 174.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.95 174.27 Td (\(1) Tj ET Q q 0 0 0 rg BT 472.28 174.27 Td (1.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.80 174.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.50 159.27 Td (Leathers) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 261.65 159.27 Td (198.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.65 159.27 Td (247.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.30 159.27 Td (\(49.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.15 159.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.95 159.27 Td (\(20.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.80 159.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.95 159.27 Td (\(20.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.80 159.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.50 144.27 Td (Jewelry) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.65 144.27 Td (70.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.65 144.27 Td (91.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.30 144.27 Td (\(21.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.15 144.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.95 144.27 Td (\(23.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.80 144.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.95 144.27 Td (\(23.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.80 144.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.50 129.27 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.65 129.27 Td (15.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.65 129.27 Td (21.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.30 129.27 Td (\(6.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.15 129.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.95 129.27 Td (\(28.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.80 129.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.95 129.27 Td (\(28.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.80 129.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.50 114.27 Td (T) Tj ET Q q 0 0 0 rg BT 143.91 114.27 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.50 114.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.10 114.27 Td (1,314.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.50 114.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.10 114.27 Td (1,523.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.50 114.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.30 114.27 Td (\(209.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.15 114.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.95 114.27 Td (\(13.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.80 114.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.95 114.27 Td (\(13.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.80 114.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 72.00 74.10 Td (Europe Net Sales.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 146.17 74.10 Td ( During fiscal year 2017, Europe net sales decreased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.31 74.10 Td ($25.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.20 74.10 Td ( or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.53 74.10 Td (2.5%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.36 74.10 Td ( \() Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.19 74.10 Td (4.4%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.02 74.10 Td ( in constant ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 62.10 Td (currency\). ) Tj ET Q q 0 0 0 rg BT 94.75 62.10 Td (Across the Eurozone, sales were down modestly while distributor markets in Eastern Europe and the Middle East ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 50.10 Td (declined significantly) Tj ET Q q 0 0 0 rg BT 135.21 50.10 Td (. Our multi-brand watch portfolio increased $2.3 million or 0.3% \(decreased 1.7% in constant currency\), ) Tj ET Q endstream endobj 79 0 obj <>] /Rotate 0 /Contents 80 0 R>> endobj 80 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (36) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 742.10 Td (with growth in connected watches lar) Tj ET Q q 0 0 0 rg BT 198.99 742.10 Td (gely of) Tj ET Q q 0 0 0 rg BT 226.86 742.10 Td (fsetting declines in traditional watches on a constant currency basis. ) Tj ET Q q 0 0 0 rg BT 503.26 742.10 Td (W) Tj ET Q q 0 0 0 rg BT 512.30 742.10 Td (ithin our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 730.10 Td (watch portfolio, ) Tj ET Q q 0 0 0 rg BT 115.32 730.10 Td (ARMANI EXCHANGE, ) Tj ET Q q 0 0 0 rg BT 217.82 730.10 Td (ARMANI and FOSSIL) Tj ET Q q 0 0 0 rg BT 310.79 730.10 Td ( increased, while all other brands declined. Our jewelry ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 718.10 Td (category decreased $12.9 million or 8.8% \(10.3% in constant currency\), and our leathers business decreased $9.0 million or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 706.10 Td (10.7% \(12.4% in constant currency\) in fiscal year 2017, as compared to fiscal year 2016. Comparable retail sales in the Europe ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 694.10 Td (segment \(including e-commerce\) decreased modestly) Tj ET Q q 0 0 0 rg BT 262.10 694.10 Td (, with increases in the watch category more than of) Tj ET Q q 0 0 0 rg BT 465.73 694.10 Td (fset by decreases in our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 682.10 Td (other product categories. Strong e-commerce increases were more than of) Tj ET Q q 0 0 0 rg BT 344.19 682.10 Td (fset by declines in our owned retail stores driven by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 670.10 Td (both store closures and negative comparable retail sales. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 649.10 Td (The following table sets forth product net sales for the Europe segment on a reported and constant currency basis by fiscal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 637.10 Td (year \(dollars in millions\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 136.00 574.60 105.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 241.00 574.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 288.00 574.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.00 574.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.00 574.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.00 574.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.00 574.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 395.00 574.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.00 574.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.00 574.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 136.00 544.60 105.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 241.00 544.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 288.00 544.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.00 544.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.00 544.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.00 544.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.00 544.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 395.00 544.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.00 544.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.00 544.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 136.00 514.60 105.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 241.00 514.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 288.00 514.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.00 514.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.00 514.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.00 514.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.00 514.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 395.00 514.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.00 514.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.00 514.60 49.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241 613.6 m 288 613.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 613.6 m 340 613.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241 613.6 m 288 613.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241 600.6 m 288 600.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 288 613.6 m 292 613.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 288 600.6 m 292 600.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 613.6 m 340 613.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 600.6 m 340 600.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 600.6 m 391 600.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391 600.6 m 395 600.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395 600.6 m 444 600.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 600.6 m 448 600.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 600.6 m 497 600.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 600.6 m 497 600.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241 574.6 m 288 574.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 574.6 m 340 574.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 574.6 m 391 574.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395 574.6 m 444 574.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 574.6 m 497 574.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241 574.6 m 288 574.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 574.6 m 340 574.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241 514.6 m 288 514.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 514.6 m 340 514.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 514.6 m 391 514.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241 514.6 m 288 514.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241 500.6 m 288 500.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241 498.6 m 288 498.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 514.6 m 340 514.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 500.6 m 340 500.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 498.6 m 340 498.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 514.6 m 391 514.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 500.6 m 391 500.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 498.6 m 391 498.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395 514.6 m 444 514.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395 500.6 m 444 500.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395 498.6 m 444 498.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 514.6 m 497 514.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 500.6 m 497 500.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 498.6 m 497 498.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 274.30 617.83 Td (Net Sales) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 271.20 604.83 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 293.05 604.83 Td (Y) Tj ET Q q 0 0 0 rg BT 298.23 604.83 Td (ear) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 390.40 604.83 Td (Gr) Tj ET Q q 0 0 0 rg BT 400.10 604.83 Td (owth \(Decline\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 400.15 586.83 Td (Per) Tj ET Q q 0 0 0 rg BT 412.07 586.83 Td (centage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 398.40 578.83 Td (as Reported) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.15 592.68 Td (Per) Tj ET Q q 0 0 0 rg BT 465.07 592.68 Td (centage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 456.40 584.68 Td (Constant) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 455.60 576.73 Td (Curr) Tj ET Q q 0 0 0 rg BT 472.86 576.73 Td (ency) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 256.00 578.83 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 307.50 578.83 Td (2016) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 354.55 578.83 Td (Dollars) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.50 564.27 Td (W) Tj ET Q q 0 0 0 rg BT 147.54 564.27 Td (atches) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.50 564.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 261.65 564.27 Td (742.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.50 564.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.65 564.27 Td (739.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.50 564.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 374.65 564.27 Td (2.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.25 564.27 Td (0.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.15 564.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.95 564.27 Td (\(1.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.80 564.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.50 549.27 Td (Leathers) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.65 549.27 Td (75.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.65 549.27 Td (84.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.30 549.27 Td (\(9.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.15 549.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.95 549.27 Td (\(10.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.80 549.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.95 549.27 Td (\(12.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.80 549.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.50 534.27 Td (Jewelry) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 261.65 534.27 Td (134.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.65 534.27 Td (147.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.30 534.27 Td (\(12.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.15 534.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.95 534.27 Td (\(8.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.80 534.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.95 534.27 Td (\(10.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.80 534.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.50 519.27 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.65 519.27 Td (20.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.65 519.27 Td (25.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.30 519.27 Td (\(5.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.15 519.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.95 519.27 Td (\(21.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.80 519.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.95 519.27 Td (\(21.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.80 519.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.50 504.27 Td (T) Tj ET Q q 0 0 0 rg BT 143.91 504.27 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.50 504.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 261.65 504.27 Td (971.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.50 504.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.65 504.27 Td (996.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.50 504.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.30 504.27 Td (\(25.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.15 504.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.95 504.27 Td (\(2.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.80 504.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.95 504.27 Td (\(4.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.80 504.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 72.00 464.10 Td (Asia Net Sales.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 133.95 464.10 Td ( In fiscal year 2017, ) Tj ET Q q 0 0 0 rg BT 215.59 464.10 Td (Asia net sales decreased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.99 464.10 Td ($18.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.88 464.10 Td ( or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.21 464.10 Td (3.6%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.04 464.10 Td ( \() Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.87 464.10 Td (4.1%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.70 464.10 Td ( in constant currency\). On a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 452.10 Td (constant currency basis, sales growth in India and China was more than of) Tj ET Q q 0 0 0 rg BT 346.18 452.10 Td (fset by decreases in most other markets, with the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 440.10 Td (sharpest declines in Japan and South Korea. Our watch category decreased $1.3 million or 0.3% \(0.8% in constant currency\), ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 428.10 Td (with increases in EMPORIO ) Tj ET Q q 0 0 0 rg BT 166.16 428.10 Td (ARMANI, driven by both traditional and connected watches, and FOSSIL) Tj ET Q q 0 0 0 rg BT 463.23 428.10 Td ( watches more than ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 416.10 Td (of) Tj ET Q q 0 0 0 rg BT 57.65 416.10 Td (fset by decreases in most other brands. Our leathers products decreased $9.7 million or 15.7% \(16.5% in constant currency\), ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 404.10 Td (and our jewelry business decreased $5.8 million or 46.0% \(45.2% in constant currency\). Comparable retail sales \(including e-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 392.10 Td (commerce\) in the ) Tj ET Q q 0 0 0 rg BT 121.41 392.10 Td (Asia region decreased moderately) Tj ET Q q 0 0 0 rg BT 256.54 392.10 Td (, with declines in leathers and jewelry partially of) Tj ET Q q 0 0 0 rg BT 454.34 392.10 Td (fset by increases in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 380.10 Td (watches.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 359.10 Td (The following table sets forth product net sales for the ) Tj ET Q q 0 0 0 rg BT 290.83 359.10 Td (Asia segment on a reported and constant currency basis by fiscal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 347.10 Td (year \(dollars in millions\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 136.00 284.60 105.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 241.00 284.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 288.00 284.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.00 284.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.00 284.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.00 284.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.00 284.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 395.00 284.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.00 284.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.00 284.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 136.00 254.60 105.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 241.00 254.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 288.00 254.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.00 254.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.00 254.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.00 254.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.00 254.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 395.00 254.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.00 254.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.00 254.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 136.00 224.60 105.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 241.00 224.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 288.00 224.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.00 224.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.00 224.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.00 224.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.00 224.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 395.00 224.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.00 224.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.00 224.60 49.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241 323.6 m 288 323.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 323.6 m 340 323.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241 323.6 m 288 323.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241 310.6 m 288 310.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 288 323.6 m 292 323.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 288 310.6 m 292 310.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 323.6 m 340 323.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 310.6 m 340 310.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 310.6 m 391 310.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391 310.6 m 395 310.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395 310.6 m 444 310.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 310.6 m 448 310.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 310.6 m 497 310.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 310.6 m 497 310.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241 284.6 m 288 284.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 284.6 m 340 284.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 284.6 m 391 284.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395 284.6 m 444 284.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 284.6 m 497 284.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241 284.6 m 288 284.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 284.6 m 340 284.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241 224.60000000000002 m 288 224.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 224.60000000000002 m 340 224.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 224.60000000000002 m 391 224.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241 224.60000000000002 m 288 224.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241 210.60000000000002 m 288 210.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241 208.60000000000002 m 288 208.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 224.60000000000002 m 340 224.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 210.60000000000002 m 340 210.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 208.60000000000002 m 340 208.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 224.60000000000002 m 391 224.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 210.60000000000002 m 391 210.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 208.60000000000002 m 391 208.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395 224.60000000000002 m 444 224.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395 210.60000000000002 m 444 210.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395 208.60000000000002 m 444 208.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 224.60000000000002 m 497 224.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 210.60000000000002 m 497 210.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 208.60000000000002 m 497 208.60000000000002 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 274.30 327.83 Td (Net Sales) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 271.20 314.83 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 293.05 314.83 Td (Y) Tj ET Q q 0 0 0 rg BT 298.23 314.83 Td (ear) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 390.40 314.83 Td (Gr) Tj ET Q q 0 0 0 rg BT 400.10 314.83 Td (owth \(Decline\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 400.15 296.83 Td (Per) Tj ET Q q 0 0 0 rg BT 412.07 296.83 Td (centage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 398.40 288.83 Td (as Reported) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.15 302.68 Td (Per) Tj ET Q q 0 0 0 rg BT 465.07 302.68 Td (centage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 456.40 294.68 Td (Constant) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 455.60 286.73 Td (Curr) Tj ET Q q 0 0 0 rg BT 472.86 286.73 Td (ency) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 256.00 288.83 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 307.50 288.83 Td (2016) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 354.55 288.83 Td (Dollars) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.50 274.27 Td (W) Tj ET Q q 0 0 0 rg BT 147.54 274.27 Td (atches) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.50 274.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 261.65 274.27 Td (426.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.50 274.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.65 274.27 Td (428.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.50 274.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.30 274.27 Td (\(1.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.15 274.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.95 274.27 Td (\(0.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.80 274.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.95 274.27 Td (\(0.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.80 274.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.50 259.27 Td (Leathers) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.65 259.27 Td (52.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.65 259.27 Td (61.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.30 259.27 Td (\(9.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.15 259.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.95 259.27 Td (\(15.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.80 259.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.95 259.27 Td (\(16.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.80 259.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.50 244.27 Td (Jewelry) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.65 244.27 Td (6.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.65 244.27 Td (12.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.30 244.27 Td (\(5.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.15 244.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.95 244.27 Td (\(46.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.80 244.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.95 244.27 Td (\(45.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.80 244.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.50 229.27 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.65 229.27 Td (10.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.65 229.27 Td (12.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.30 229.27 Td (\(1.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.15 229.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.95 229.27 Td (\(12.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.80 229.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.95 229.27 Td (\(12.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.80 229.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.50 214.27 Td (T) Tj ET Q q 0 0 0 rg BT 143.91 214.27 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.50 214.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 261.65 214.27 Td (496.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.50 214.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.65 214.27 Td (514.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.50 214.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.30 214.27 Td (\(18.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.15 214.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.95 214.27 Td (\(3.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.80 214.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.95 214.27 Td (\(4.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.80 214.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 72.00 177.10 Td (Stores) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 97.56 177.10 Td (. ) Tj ET Q q 0 0 0 rg BT 102.38 177.10 Td (The following table sets forth the number of stores by concept for the fiscal years ended below:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 71.50 139.60 98.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 169.50 139.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 215.50 139.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 219.50 139.60 45.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 264.50 139.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 268.50 139.60 45.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 313.50 139.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 317.50 139.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 363.50 139.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 367.50 139.60 45.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 139.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 139.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 462.50 139.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 466.50 139.60 45.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.50 139.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 515.50 139.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 71.50 109.60 98.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 169.50 109.60 46.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 215.50 109.60 4.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 219.50 109.60 45.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 264.50 109.60 4.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 268.50 109.60 45.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 313.50 109.60 4.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 317.50 109.60 46.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 363.50 109.60 4.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 367.50 109.60 45.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 109.60 4.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 109.60 46.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 462.50 109.60 4.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 466.50 109.60 45.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.50 109.60 4.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 515.50 109.60 46.00 -20.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 169.5 152.60000000000002 m 215.5 152.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 215.5 152.60000000000002 m 219.5 152.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 219.5 152.60000000000002 m 264.5 152.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 264.5 152.60000000000002 m 268.5 152.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 268.5 152.60000000000002 m 313.5 152.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 313.5 152.60000000000002 m 317.5 152.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 152.60000000000002 m 363.5 152.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367.5 152.60000000000002 m 412.5 152.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 152.60000000000002 m 416.5 152.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 152.60000000000002 m 462.5 152.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 152.60000000000002 m 466.5 152.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 152.60000000000002 m 511.5 152.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 152.60000000000002 m 515.5 152.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515.5 152.60000000000002 m 561.5 152.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 169.5 152.60000000000002 m 215.5 152.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 169.5 139.60000000000002 m 215.5 139.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 219.5 152.60000000000002 m 264.5 152.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 219.5 139.60000000000002 m 264.5 139.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 264.5 152.60000000000002 m 268.5 152.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 264.5 139.60000000000002 m 268.5 139.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 268.5 152.60000000000002 m 313.5 152.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 268.5 139.60000000000002 m 313.5 139.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 139.60000000000002 m 363.5 139.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367.5 152.60000000000002 m 412.5 152.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367.5 139.60000000000002 m 412.5 139.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 152.60000000000002 m 462.5 152.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 139.60000000000002 m 462.5 139.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 152.60000000000002 m 466.5 152.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 139.60000000000002 m 466.5 139.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 152.60000000000002 m 511.5 152.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 139.60000000000002 m 511.5 139.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515.5 139.60000000000002 m 561.5 139.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 169.5 139.60000000000002 m 215.5 139.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 219.5 139.60000000000002 m 264.5 139.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 268.5 139.60000000000002 m 313.5 139.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 139.60000000000002 m 363.5 139.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367.5 139.60000000000002 m 412.5 139.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 139.60000000000002 m 462.5 139.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 139.60000000000002 m 511.5 139.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515.5 139.60000000000002 m 561.5 139.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 169.5 89.60000000000002 m 215.5 89.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 219.5 89.60000000000002 m 264.5 89.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367.5 89.60000000000002 m 412.5 89.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 89.60000000000002 m 462.5 89.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 89.60000000000002 m 511.5 89.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515.5 89.60000000000002 m 561.5 89.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 169.5 89.60000000000002 m 215.5 89.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 169.5 75.60000000000002 m 215.5 75.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 169.5 73.60000000000002 m 215.5 73.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 219.5 89.60000000000002 m 264.5 89.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 219.5 75.60000000000002 m 264.5 75.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 219.5 73.60000000000002 m 264.5 73.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 268.5 89.60000000000002 m 313.5 89.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 268.5 75.60000000000002 m 313.5 75.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 268.5 73.60000000000002 m 313.5 73.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 89.60000000000002 m 363.5 89.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 75.60000000000002 m 363.5 75.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 73.60000000000002 m 363.5 73.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367.5 89.60000000000002 m 412.5 89.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367.5 75.60000000000002 m 412.5 75.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367.5 73.60000000000002 m 412.5 73.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 89.60000000000002 m 462.5 89.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 75.60000000000002 m 462.5 75.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 73.60000000000002 m 462.5 73.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 89.60000000000002 m 511.5 89.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 75.60000000000002 m 511.5 75.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 73.60000000000002 m 511.5 73.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515.5 89.60000000000002 m 561.5 89.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515.5 75.60000000000002 m 561.5 75.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515.5 73.60000000000002 m 561.5 73.60000000000002 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 74.00 157.28 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 233.75 156.83 Td (December) Tj ET Q q 0 0 0 rg BT 268.32 156.83 Td ( 30, 2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 431.75 156.83 Td (December) Tj ET Q q 0 0 0 rg BT 466.32 156.83 Td ( 31, 2016) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 74.00 143.83 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 175.75 143.83 Td (Americas) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 228.90 143.83 Td (Eur) Tj ET Q q 0 0 0 rg BT 242.16 143.83 Td (ope) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 282.90 143.83 Td (Asia) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 331.25 143.83 Td (T) Tj ET Q q 0 0 0 rg BT 336.22 143.83 Td (otal) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 373.25 143.83 Td (Americas) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 426.40 143.83 Td (Eur) Tj ET Q q 0 0 0 rg BT 439.66 143.83 Td (ope) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 480.90 143.83 Td (Asia) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 529.25 143.83 Td (T) Tj ET Q q 0 0 0 rg BT 533.85 143.83 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 129.27 Td (Full price) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.65 129.27 Td (108) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 245.65 129.27 Td (106) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.65 129.27 Td (59) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.65 129.27 Td (273) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.65 129.27 Td (122) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.65 129.27 Td (1) Tj ET Q q 0 0 0 rg BT 448.65 129.27 Td (19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.65 129.27 Td (63) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 129.27 Td (304) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 114.27 Td (Outlets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.65 114.27 Td (136) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 250.65 114.27 Td (74) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.65 114.27 Td (46) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.65 114.27 Td (256) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.65 114.27 Td (143) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.65 114.27 Td (73) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.65 114.27 Td (45) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 114.27 Td (261) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 100.17 Td (Full priced multi-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 90.22 Td (brand) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 201.65 94.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 255.65 94.27 Td (8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.65 94.27 Td (7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.65 94.27 Td (15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.65 94.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.65 94.27 Td (8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.65 94.27 Td (12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 94.27 Td (20) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 79.27 Td (T) Tj ET Q q 0 0 0 rg BT 79.41 79.27 Td (otal stores) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.65 79.27 Td (244) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 245.65 79.27 Td (188) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.65 79.27 Td (1) Tj ET Q q 0 0 0 rg BT 299.65 79.27 Td (12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.65 79.27 Td (544) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.65 79.27 Td (265) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.65 79.27 Td (200) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.65 79.27 Td (120) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 79.27 Td (585) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 54.10 Td (During fiscal year 2017, we opened eight new stores and closed 49 stores. ) Tj ET Q endstream endobj 81 0 obj <>] /Rotate 0 /Contents 82 0 R>> endobj 82 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (37) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 72.00 730.10 Td (Gross Profit. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 127.28 730.10 Td (Gross profit of $1.4 billion in fiscal year 2017 decreased 13.9% compared to $1.6 billion in fiscal year 2016, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 718.10 Td (mainly as a result of decreased sales and a lower gross mar) Tj ET Q q 0 0 0 rg BT 285.07 718.10 Td (gin rate. Gross profit mar) Tj ET Q q 0 0 0 rg BT 386.25 718.10 Td (gin decreased 320 basis points to 48.7% in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 706.10 Td (fiscal year 2017 compared to 51.9% in the prior fiscal year) Tj ET Q q 0 0 0 rg BT 284.14 706.10 Td (. ) Tj ET Q q 0 0 0 rg BT 288.96 706.10 Td (The decrease in gross mar) Tj ET Q q 0 0 0 rg BT 393.18 706.10 Td (gin rate as compared to fiscal year 2016 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 694.10 Td (was primarily driven by the impact of connected products due to both the increase in sales mix of connected products which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 682.10 Td (carry relatively lower mar) Tj ET Q q 0 0 0 rg BT 153.43 682.10 Td (gins than traditional products, as well as additional product valuation char) Tj ET Q q 0 0 0 rg BT 449.01 682.10 Td (ges. Our strategy in fiscal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 670.10 Td (2017 was to invest in mar) Tj ET Q q 0 0 0 rg BT 152.36 670.10 Td (gin to drive significant volume in wearables and leverage that volume to drive future cost ef) Tj ET Q q 0 0 0 rg BT 520.12 670.10 Td (ficiencies. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 658.10 Td (During fiscal 2017, we nearly doubled our connected sales volumes and finished ahead of the initial cost goals that we set for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 646.10 Td (ourselves in fiscal year 2017. However) Tj ET Q q 0 0 0 rg BT 205.16 646.10 Td (, we did not achieve the aggressive sales goals that we set for ourselves in this new ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 634.10 Td (category) Tj ET Q q 0 0 0 rg BT 83.27 634.10 Td (, resulting in carrying greater levels of connected product inventory) Tj ET Q q 0 0 0 rg BT 352.53 634.10 Td (. Consequently) Tj ET Q q 0 0 0 rg BT 414.37 634.10 Td (, having higher levels of connected ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 622.10 Td (inventory than planned and even deferring some receipts to fiscal year 2018 resulted in additional valuation char) Tj ET Q q 0 0 0 rg BT 499.16 622.10 Td (ges of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 610.10 Td (approximately $40 million to support our ef) Tj ET Q q 0 0 0 rg BT 224.85 610.10 Td (forts to clear this inventory) Tj ET Q q 0 0 0 rg BT 332.50 610.10 Td (. ) Tj ET Q q 0 0 0 rg BT 339.82 610.10 Td (The shift in sales mix towards connected product and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 598.10 Td (the related valuation char) Tj ET Q q 0 0 0 rg BT 150.66 598.10 Td (ges reduced our gross mar) Tj ET Q q 0 0 0 rg BT 255.44 598.10 Td (gin rate by 280 basis points. ) Tj ET Q q 0 0 0 rg BT 372.47 598.10 Td (The gross mar) Tj ET Q q 0 0 0 rg BT 429.50 598.10 Td (gin rate was also negatively ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 586.10 Td (impacted by increased promotional activity in our outlets and e-commerce channels. Product cost benefits generated from our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 574.10 Td (NWF supply chain initiatives partially of) Tj ET Q q 0 0 0 rg BT 213.46 574.10 Td (fset these headwinds, and the currency impact for the year remained neutral.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 72.00 553.10 Td (Operating Expenses. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 160.06 553.10 Td (For fiscal year 2017, total operating expenses increased by $332.1 million and, as a percentage of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 541.10 Td (net sales, increased to 64.0%, compared to 47.7% in fiscal year 2016, primarily due to intangible impairment char) Tj ET Q q 0 0 0 rg BT 504.73 541.10 Td (ges recorded ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 529.10 Td (in the second quarter of fiscal 2017. During the second quarter of fiscal year 2017, interim impairment tests were performed on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 517.10 Td (goodwill and trade names due to the sustained declines in our market capitalization and sales trends, resulting in impairment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 505.10 Td (expenses of $359.5 million for goodwill and $47.6 million for trade names. For additional information, refer to Note 1-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 493.10 Td (Significant ) Tj ET Q q 0 0 0 rg BT 95.33 493.10 Td (Accounting Policies in the consolidated financial statements. During fiscal year 2017, we incurred restructuring ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 481.10 Td (char) Tj ET Q q 0 0 0 rg BT 66.53 481.10 Td (ges of $48.2 million under our NWF initiative compared to restructuring char) Tj ET Q q 0 0 0 rg BT 376.27 481.10 Td (ges of $27.8 million in fiscal year 2016. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 469.10 Td (During fiscal year 2017, SG&A) Tj ET Q q 0 0 0 rg BT 176.42 469.10 Td ( expenses decreased, primarily due to corporate overhead reductions and cost reductions in our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 457.10 Td (regional or) Tj ET Q q 0 0 0 rg BT 92.91 457.10 Td (ganizations across the globe, as well as a lower store base and reduced marketing expenses. ) Tj ET Q q 0 0 0 rg BT 463.71 457.10 Td (The translation of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 445.10 Td (foreign-denominated expenses during fiscal year 2017 increased operating expenses by approximately $8.1 million as a result ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 433.10 Td (of the weaker U.S. dollar) Tj ET Q q 0 0 0 rg BT 149.47 433.10 Td (. ) Tj ET Q q 0 0 0 rg BT 156.42 433.10 Td (As a percentage of net sales, SG&A) Tj ET Q q 0 0 0 rg BT 299.99 433.10 Td ( expenses increased to 47.6% in fiscal 2017, as compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 421.10 Td (46.8% in fiscal 2016.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 72.00 400.10 Td (Consolidated Operating Income \(Loss\). ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 236.73 400.10 Td (Operating income \(loss\) decreased to a loss of $424.3 million in fiscal year 2017, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 388.10 Td (as compared to income of $127.1 million in the prior fiscal year) Tj ET Q q 0 0 0 rg BT 304.58 388.10 Td (, primarily driven by non-cash intangible impairment char) Tj ET Q q 0 0 0 rg BT 536.56 388.10 Td (ges of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 376.10 Td ($407.1 million and also by decreased sales and gross mar) Tj ET Q q 0 0 0 rg BT 278.71 376.10 Td (gin rate. ) Tj ET Q q 0 0 0 rg BT 313.42 376.10 Td (As a percentage of net sales, operating mar) Tj ET Q q 0 0 0 rg BT 485.39 376.10 Td (gin decreased to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 364.10 Td (\(15.2\)% in fiscal year 2017 as compared to 4.2% in fiscal year 2016. For fiscal year 2017, the positive currency impact on gross ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 352.10 Td (mar) Tj ET Q q 0 0 0 rg BT 64.87 352.10 Td (gin was of) Tj ET Q q 0 0 0 rg BT 106.35 352.10 Td (fset by the negative currency impact on expenses, resulting in a neutral impact to operating income \(loss\). In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 340.10 Td (fiscal year 2017, we continued to face retail pressure, most significantly in our traditional watch business in all segments. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 328.10 Td (Additionally) Tj ET Q q 0 0 0 rg BT 99.40 328.10 Td (, the gross mar) Tj ET Q q 0 0 0 rg BT 158.10 328.10 Td (gin rate was negatively impacted by connected products, due to both lower connected mar) Tj ET Q q 0 0 0 rg BT 518.35 328.10 Td (gins as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 316.10 Td (well as additional product valuation char) Tj ET Q q 0 0 0 rg BT 212.32 316.10 Td (ges, and lower retail mar) Tj ET Q q 0 0 0 rg BT 311.27 316.10 Td (gins due to increased promotional activity in outlets and the e-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 304.10 Td (commerce channel in all segments. Operating expenses increased significantly) Tj ET Q q 0 0 0 rg BT 362.90 304.10 Td (, primarily due to non-cash impairment char) Tj ET Q q 0 0 0 rg BT 539.06 304.10 Td (ges ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 292.10 Td (on our goodwill of $202.3 million, $1) Tj ET Q q 0 0 0 rg BT 200.24 292.10 Td (14.3 million and $42.9 million in the ) Tj ET Q q 0 0 0 rg BT 349.40 292.10 Td (Americas, Europe and ) Tj ET Q q 0 0 0 rg BT 440.48 292.10 Td (Asia segments, respectively) Tj ET Q q 0 0 0 rg BT 551.19 292.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 280.10 Td (and impairment char) Tj ET Q q 0 0 0 rg BT 132.06 280.10 Td (ges on our trade names of $47.6 million in corporate. Increased restructuring char) Tj ET Q q 0 0 0 rg BT 458.44 280.10 Td (ges were more than of) Tj ET Q q 0 0 0 rg BT 547.11 280.10 Td (fset ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 268.10 Td (by savings in our infrastructure, store costs and marketing expenses.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 247.10 Td ( ) Tj ET Q q 0 0 0 rg BT 72.00 247.10 Td (Operating income \(loss\) by operating segment is summarized as follows \(dollars in millions\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 83.00 210.60 146.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 229.00 210.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 276.00 210.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 280.00 210.60 45.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.00 210.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.00 210.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 376.00 210.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.00 210.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.00 210.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.00 210.60 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.00 210.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 210.60 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 83.00 180.60 146.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 229.00 180.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 276.00 180.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 280.00 180.60 45.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.00 180.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.00 180.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 376.00 180.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.00 180.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.00 180.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.00 180.60 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.00 180.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 180.60 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 83.00 150.60 146.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 229.00 150.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 276.00 150.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 280.00 150.60 45.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.00 150.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.00 150.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 376.00 150.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.00 150.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.00 150.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.00 150.60 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.00 150.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 150.60 58.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 229 223.60000000000002 m 276 223.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276 223.60000000000002 m 280 223.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280 223.60000000000002 m 325 223.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329 223.60000000000002 m 376 223.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 376 223.60000000000002 m 380 223.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380 223.60000000000002 m 426 223.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430 223.60000000000002 m 488 223.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 223.60000000000002 m 492 223.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492 223.60000000000002 m 550 223.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 229 223.60000000000002 m 276 223.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 229 210.60000000000002 m 276 210.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280 223.60000000000002 m 325 223.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280 210.60000000000002 m 325 210.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329 210.60000000000002 m 376 210.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380 223.60000000000002 m 426 223.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380 210.60000000000002 m 426 210.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430 223.60000000000002 m 488 223.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430 210.60000000000002 m 488 210.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 223.60000000000002 m 492 223.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492 223.60000000000002 m 550 223.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492 210.60000000000002 m 550 210.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 229 210.60000000000002 m 276 210.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280 210.60000000000002 m 325 210.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430 210.60000000000002 m 488 210.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492 210.60000000000002 m 550 210.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 229 150.60000000000002 m 276 150.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280 150.60000000000002 m 325 150.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 229 150.60000000000002 m 276 150.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 229 136.60000000000002 m 276 136.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 229 134.60000000000002 m 276 134.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280 150.60000000000002 m 325 150.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280 136.60000000000002 m 325 136.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280 134.60000000000002 m 325 134.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329 150.60000000000002 m 376 150.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329 136.60000000000002 m 376 136.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329 134.60000000000002 m 376 134.60000000000002 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 257.70 227.83 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 279.55 227.83 Td (Y) Tj ET Q q 0 0 0 rg BT 284.73 227.83 Td (ear) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 347.40 227.83 Td (Gr) Tj ET Q q 0 0 0 rg BT 357.10 227.83 Td (owth \(Decline\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.05 227.83 Td (Operating Margin %) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 244.00 214.83 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 294.00 214.83 Td (2016) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 339.55 214.83 Td (Dollars) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 383.65 214.83 Td (Per) Tj ET Q q 0 0 0 rg BT 395.57 214.83 Td (centage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 450.50 214.83 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 512.50 214.83 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 91.50 200.27 Td (Americas) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.50 200.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.30 200.27 Td (\(47.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 272.15 200.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.50 200.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.65 200.27 Td (239.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.50 200.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.30 200.32 Td (\(287.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.15 200.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.95 200.27 Td (\(120.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.80 200.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.95 200.27 Td (\(3.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.80 200.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.65 200.27 Td (15.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 200.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 91.50 185.27 Td (Europe) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.65 185.27 Td (32.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.65 185.27 Td (172.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.30 185.32 Td (\(139.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.15 185.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.95 185.27 Td (\(80.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.80 185.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.30 185.27 Td (3.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.65 185.27 Td (17.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 91.50 170.27 Td (Asia) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.30 170.27 Td (\(12.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 272.15 170.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.65 170.27 Td (76.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.30 170.32 Td (\(89.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.15 170.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.95 170.27 Td (\(1) Tj ET Q q 0 0 0 rg BT 396.28 170.27 Td (16.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.80 170.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.95 170.27 Td (\(2.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.80 170.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.65 170.27 Td (14.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 91.50 155.27 Td (Corporate) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 246.30 155.27 Td (\(396.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 272.15 155.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.30 155.27 Td (\(361.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.15 155.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.30 155.32 Td (\(35.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.15 155.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.30 155.27 Td (9.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 155.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.50 140.27 Td (T) Tj ET Q q 0 0 0 rg BT 108.91 140.27 Td (otal operating income \(loss\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.50 140.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 246.30 140.27 Td (\(424.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 272.15 140.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.50 140.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.65 140.27 Td (127.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.50 140.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.30 140.32 Td (\(551.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.15 140.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.95 140.27 Td (\(433.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.80 140.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.95 140.27 Td (\(15.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.80 140.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.65 140.27 Td (4.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 140.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 72.00 115.10 Td (Interest Expense. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 146.17 115.10 Td (Interest expense increased by $16.3million in fiscal year 2017, primarily as a result of increased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 103.10 Td (interest rates in comparison to the prior fiscal year) Tj ET Q q 0 0 0 rg BT 249.99 103.10 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 72.00 82.10 Td (Other Income \(Expense\)Net. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 203.10 82.10 Td (During fiscal year 2017, other income \(expense\) - net decreased by approximately $0.3 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 70.10 Td (million, driven by fewer gains on the liquidation of non-operating assets, losses on the extinguishment of our term loan in fiscal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 58.10 Td (year 2017 and decreased net foreign currency gains resulting from cash flow hedging and other transactional activities as ) Tj ET Q endstream endobj 83 0 obj <>] /Rotate 0 /Contents 84 0 R>> endobj 84 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (38) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 742.10 Td (compared to fiscal year 2016. ) Tj ET Q q 0 0 0 rg BT 172.88 742.10 Td (These headwinds were mostly of) Tj ET Q q 0 0 0 rg BT 304.33 742.10 Td (fset by increased interest income and decreased losses on our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 730.10 Td (equity method investment. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 72.00 709.10 Td (Provision for Income T) Tj ET Q q 0 0 0 rg BT 167.47 709.10 Td (axes. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 190.80 709.10 Td (Income tax expense for fiscal year 2017 was $19.8 million, resulting in an ef) Tj ET Q q 0 0 0 rg BT 497.47 709.10 Td (fective tax rate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 697.10 Td (of \(4.4\)%, compared to 25.1% in fiscal year 2016. ) Tj ET Q q 0 0 0 rg BT 252.31 697.10 Td (The 2017 ef) Tj ET Q q 0 0 0 rg BT 300.45 697.10 Td (fective rate was negatively impacted by the accrual of a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 685.10 Td (valuation allowance on U.S. net deferred tax assets as well as some foreign deferred tax assets, the non-deductibility of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 673.10 Td (intangible asset impairments, and the imposition of a one-time repatriation tax on deferred foreign earnings under the ) Tj ET Q q 0 0 0 rg BT 520.84 673.10 Td (T) Tj ET Q q 0 0 0 rg BT 526.25 673.10 Td (ax ) Tj ET Q q 0 0 0 rg BT 537.63 673.10 Td (Act. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 661.10 Td (The impacts from the tax reform and the U.S. valuation allowances resulted in combined char) Tj ET Q q 0 0 0 rg BT 424.20 661.10 Td (ges of $106.7 million or $2.20 per ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 649.10 Td (diluted share. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 72.00 628.10 Td (Net Income \(Loss\) ) Tj ET Q q 0 0 0 rg BT 150.23 628.10 Td (Attributable to Fossil Group,Inc. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.54 628.10 Td (Fiscal year 2017 net income \(loss\) attributable to Fossil Group,Inc. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 616.10 Td (was a loss of $9.87 per diluted share in comparison to net income of $1.63 per diluted share in the prior fiscal year) Tj ET Q q 0 0 0 rg BT 506.60 616.10 Td (. Diluted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 604.10 Td (earnings \(loss\) per share included non-cash intangible asset impairment char) Tj ET Q q 0 0 0 rg BT 355.05 604.10 Td (ges of $7.07 per diluted share, tax char) Tj ET Q q 0 0 0 rg BT 510.10 604.10 Td (ges resulting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 592.10 Td (from the ) Tj ET Q q 0 0 0 rg BT 85.97 592.10 Td (T) Tj ET Q q 0 0 0 rg BT 91.38 592.10 Td (ax ) Tj ET Q q 0 0 0 rg BT 102.77 592.10 Td (Act and valuation allowances established on deferred tax assets of $2.20 per diluted share and restructuring ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 580.10 Td (char) Tj ET Q q 0 0 0 rg BT 66.53 580.10 Td (ges of $0.65 per diluted share. Fiscal year 2016 diluted earnings \(loss\) per share included restructuring char) Tj ET Q q 0 0 0 rg BT 498.71 580.10 Td (ges of $0.37 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 568.10 Td (per diluted share. Fiscal year 2017 net income \(loss\) attributable to Fossil Group, Inc. was also negatively impacted by lower ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 556.10 Td (sales and gross mar) Tj ET Q q 0 0 0 rg BT 127.36 556.10 Td (gin rate. Currencies, including both the translation impact on operating earnings and the impact of foreign ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 544.10 Td (currency hedging contracts, unfavorably af) Tj ET Q q 0 0 0 rg BT 221.19 544.10 Td (fected the year) Tj ET Q q 0 0 0 rg BT 279.84 544.10 Td (-over) Tj ET Q q 0 0 0 rg BT 300.74 544.10 Td (-year diluted earnings \(loss\) per share comparison by $0.01. ) Tj ET Q endstream endobj 85 0 obj <>] /Rotate 0 /Contents 86 0 R>> endobj 86 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (39) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Liquidity and Capital Resour) Tj ET Q q 0 0 0 rg BT 175.68 742.25 Td (ces) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 721.25 Td (Our cash and cash equivalents balance at the end of fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 325.17 721.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.17 721.25 Td ( was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.72 721.25 Td ($403.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.61 721.25 Td (, including $274.6million held by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 709.25 Td (foreign subsidiaries outside the U.S., in comparison to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.69 709.25 Td ($231.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.58 709.25 Td ( at the end of fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.15 709.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.15 709.25 Td (. Historically) Tj ET Q q 0 0 0 rg BT 501.21 709.25 Td (, our business ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 697.25 Td (operations have not required substantial cash during the first several months of our fiscal year) Tj ET Q q 0 0 0 rg BT 424.34 697.25 Td (. Generally) Tj ET Q q 0 0 0 rg BT 468.11 697.25 Td (, starting in the third ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 685.25 Td (quarter) Tj ET Q q 0 0 0 rg BT 77.92 685.25 Td (, our cash needs begin to increase, typically reaching a peak in the September) Tj ET Q q 0 0 0 rg BT 387.32 685.25 Td (-November time frame as we increase ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 673.25 Td (inventory levels in advance of the holiday season. Our quarterly cash requirements are also impacted by strategic investments ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 661.25 Td (such as acquisitions, other capital expenditures, restructuring char) Tj ET Q q 0 0 0 rg BT 313.34 661.25 Td (ges and debt repayments. ) Tj ET Q q 0 0 0 rg BT 416.74 661.25 Td (W) Tj ET Q q 0 0 0 rg BT 425.38 661.25 Td (e believe that cash flows from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 649.25 Td (operations combined with existing cash on hand and amounts available under our credit facilities will be suf) Tj ET Q q 0 0 0 rg BT 482.48 649.25 Td (ficient to fund our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 637.25 Td (cash needs for the next twelve months.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 616.25 Td (For fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 132.75 616.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 152.75 616.25 Td (, we generated operating cash flow of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.47 616.25 Td ($248.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.36 616.25 Td (. ) Tj ET Q q 0 0 0 rg BT 369.18 616.25 Td (This operating cash flow combined with cash ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 604.25 Td (on hand was utilized to fund ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 166.09 604.25 Td ($46.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 219.98 604.25 Td ( in net repayments on our credit facilities and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.53 604.25 Td ($18.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.42 604.25 Td ( in capital expenditures. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 592.25 Td (Net losses of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.16 592.25 Td ($0.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 153.05 592.25 Td ( were of) Tj ET Q q 0 0 0 rg BT 185.63 592.25 Td (fset by net non-cash items of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.38 592.25 Td ($108.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.27 592.25 Td ( and a net decrease in working capital items of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 580.25 Td ($140.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.89 580.25 Td ( driven mainly by inventory reduction initiatives. Non-cash items primarily consisted of depreciation, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 568.25 Td (amortization and accretion char) Tj ET Q q 0 0 0 rg BT 176.14 568.25 Td (ges of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 202.80 568.25 Td ($67.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 256.69 568.25 Td ( and stock-based compensation of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.71 568.25 Td ($23.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.60 568.25 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 547.25 Td (Accounts receivable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.35 547.25 Td (decreased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 195.76 547.25 Td ( by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 210.76 547.25 Td (10.6%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 236.59 547.25 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.37 547.25 Td ($328.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.26 547.25 Td ( at the end of fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.83 547.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.83 547.25 Td ( compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.53 547.25 Td ($367.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.42 547.25 Td ( at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 535.25 Td (the end of the prior fiscal year) Tj ET Q q 0 0 0 rg BT 169.95 535.25 Td (. ) Tj ET Q q 0 0 0 rg BT 174.40 535.25 Td (A) Tj ET Q q 0 0 0 rg BT 180.88 535.25 Td (verage days sales outstanding for our wholesale business for fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.85 535.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.85 535.25 Td ( decreased one ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 523.25 Td (day as compared to fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 173.83 523.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 193.83 523.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 502.25 Td (Inventory at the end of fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 209.94 502.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 229.94 502.25 Td ( was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 250.49 502.25 Td ($377.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.38 502.25 Td (, representing a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.25 502.25 Td (decrease) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.66 502.25 Td ( of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.99 502.25 Td (34.2%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.82 502.25 Td ( from the prior fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.25 Td (inventory balance of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 134.69 490.25 Td ($573.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 193.58 490.25 Td ( driven by our focus on reducing inventory to clear our previous generation connected ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 478.25 Td (products and other slow moving inventory) Tj ET Q q 0 0 0 rg BT 219.05 478.25 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 457.25 Td (At the end of fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 171.35 457.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 191.35 457.25 Td (, we had working capital of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.26 457.25 Td ($652.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.15 457.25 Td ( compared to working capital of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.66 457.25 Td ($781.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 551.55 457.25 Td ( at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 445.25 Td (the end of the prior fiscal year) Tj ET Q q 0 0 0 rg BT 169.95 445.25 Td (. ) Tj ET Q q 0 0 0 rg BT 174.40 445.25 Td (Additionally) Tj ET Q q 0 0 0 rg BT 224.30 445.25 Td (, at the end of fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 325.37 445.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.37 445.25 Td (, we had approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.72 445.25 Td ($126.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.62 445.25 Td ( of outstanding ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 433.25 Td (short-term borrowings and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.15 433.25 Td ($269.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 218.04 433.25 Td ( in long-term debt.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 412.25 Td (For the fiscal year ending December 28, 2019, we expect total capital expenditures to be approximately $30 million. Of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 400.25 Td (this amount, we expect approximately 40% will be for strategic growth, including investments in omni-channel, global ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 388.25 Td (concessions and technology) Tj ET Q q 0 0 0 rg BT 160.99 388.25 Td (, approximately 35% will be for technology and facilities maintenance and approximately 25% will ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 376.25 Td (be for retail store expansion and renovation. Our capital expenditure budget and allocation of it to the foregoing investments ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 364.25 Td (are estimates and are subject to change. ) Tj ET Q q 0 0 0 rg BT 210.30 364.25 Td (W) Tj ET Q q 0 0 0 rg BT 218.94 364.25 Td (e believe that cash flows from operations combined with existing cash on hand and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 352.25 Td (amounts available under our credit facilities will be suf) Tj ET Q q 0 0 0 rg BT 270.30 352.25 Td (ficient to fund our working capital needs and planned capital ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 340.25 Td (expenditures for the next twelve months.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 319.25 Td (Debt Facilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 298.25 Td (On January 29, 2018, we and certain of our foreign subsidiaries entered into a Second ) Tj ET Q q 0 0 0 rg BT 417.68 298.25 Td (Amended and Restated Credit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 286.25 Td (Agreement \(the "Credit ) Tj ET Q q 0 0 0 rg BT 146.00 286.25 Td (Agreement"\). ) Tj ET Q q 0 0 0 rg BT 202.65 286.25 Td (The Credit) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 245.69 286.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.19 286.25 Td (Agreement provides for \(i\) revolving credit loans in the amount of $325 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 274.25 Td (million, subject to a borrowing base \(as described below\) \(the "Revolving Credit Facility"\), with an up to $45.0 million ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 262.25 Td (subfacility for letters of credit, and \(ii\)a term loan in the amount of $425 million \(the "T) Tj ET Q q 0 0 0 rg BT 403.29 262.25 Td (erm Loan Facility"\). ) Tj ET Q q 0 0 0 rg BT 487.16 262.25 Td (The Credit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 250.25 Td (Agreement expires and is due and payable on December 31, 2020. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 228.25 Td (A) Tj ET Q q 0 0 0 rg BT 78.98 228.25 Td (vailability under the Revolving Credit Facility and any letters of credit are subject to a borrowing base equal to, \(a\) with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 216.25 Td (respect to Fossil Group, Inc., the sum of \(i\)85% of eligible U.S. accounts receivable and 90% of net U.S. credit card ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 204.25 Td (receivables \(less any dilution reserve\), and \(ii\)the lesser of \(A\)65% of the lower of cost or market value of eligible U.S. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 192.25 Td (finished good inventory and \(B\)85% of the appraised net orderly liquidation value of eligible U.S. finished goods inventory) Tj ET Q q 0 0 0 rg BT 546.47 192.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 180.25 Td (minus \(iii\) the aggregate amount of reserves, if any) Tj ET Q q 0 0 0 rg BT 254.00 180.25 Td (, established by the ) Tj ET Q q 0 0 0 rg BT 332.60 180.25 Td (Administrative ) Tj ET Q q 0 0 0 rg BT 394.54 180.25 Td (Agent in good faith and in the exercise of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 168.25 Td (reasonable business judgment from the perspective of a secured asset-based lender; and \(b\) with respect to each non-U.S. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 156.25 Td (borrower) Tj ET Q q 0 0 0 rg BT 86.25 156.25 Td (, the sum of \(i\) 85% of eligible accounts receivable of the non-U.S. borrowers \(less any dilution reserve\) and \(ii\) the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 144.25 Td (least of \(A\) 65% of the lower of cost or market value of eligible foreign finished goods inventory of the non-U.S. borrowers, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 132.25 Td (\(B\) 85% of the appraised net orderly liquidation value of eligible foreign finished goods inventory of the non-U.S. borrowers, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 120.25 Td (and \(C\) $185,000,000 minus \(iii\) the aggregate amount of reserves, if any) Tj ET Q q 0 0 0 rg BT 344.27 120.25 Td (, established by the ) Tj ET Q q 0 0 0 rg BT 422.87 120.25 Td (Administrative ) Tj ET Q q 0 0 0 rg BT 484.81 120.25 Td (Agent in good ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 108.25 Td (faith and in the exercise of reasonable business judgment from the perspective of a secured asset-based lender) Tj ET Q q 0 0 0 rg BT 488.73 108.25 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 84.25 Td (In connection with the Credit ) Tj ET Q q 0 0 0 rg BT 191.64 84.25 Td (Agreement, we and all of our domestic subsidiaries entered into a Collateral ) Tj ET Q q 0 0 0 rg BT 497.93 84.25 Td (Agreement in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 72.25 Td (favor of the ) Tj ET Q q 0 0 0 rg BT 98.59 72.25 Td (Administrative ) Tj ET Q q 0 0 0 rg BT 160.53 72.25 Td (Agent, pursuant to which we and our subsidiaries granted liens on all or substantially all of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 60.25 Td (assets in order to secure our obligations under the Credit ) Tj ET Q q 0 0 0 rg BT 277.72 60.25 Td (Agreement and the other loan documents \(theObligations\). ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 48.25 Td (Additionally) Tj ET Q q 0 0 0 rg BT 99.90 48.25 Td (, all of our domestic subsidiaries entered into a Guaranty ) Tj ET Q q 0 0 0 rg BT 328.45 48.25 Td (Agreement in favor of the ) Tj ET Q q 0 0 0 rg BT 434.25 48.25 Td (Administrative ) Tj ET Q q 0 0 0 rg BT 496.19 48.25 Td (Agent, pursuant ) Tj ET Q endstream endobj 87 0 obj <>] /Rotate 0 /Contents 88 0 R>> endobj 88 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (40) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (to which such subsidiaries guarantee the payment and performance of the Obligations. ) Tj ET Q q 0 0 0 rg BT 397.40 742.10 Td (Additionally) Tj ET Q q 0 0 0 rg BT 447.30 742.10 Td (, Fossil Group Europe and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (the other non-U.S. borrowers from time to time party to the Credit ) Tj ET Q q 0 0 0 rg BT 317.17 730.10 Td (Agreement are required to enter into security instruments ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (with respect to all or substantially all of their assets that can be pledged under applicable local law) Tj ET Q q 0 0 0 rg BT 442.28 718.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 694.10 Td (The Credit ) Tj ET Q q 0 0 0 rg BT 117.49 694.10 Td (Agreement amended and restated that certain credit agreement, dated as of March9, 2015, as amended, which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td (was scheduled to mature on May17, 2019 \(the"Prior ) Tj ET Q q 0 0 0 rg BT 265.99 682.10 Td (Agreement"\). ) Tj ET Q q 0 0 0 rg BT 324.77 682.10 Td (As of January29, 2018, we had $497.0 million in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.10 Td (aggregate principal amount of revolving credit loans and no term loans outstanding under the Prior ) Tj ET Q q 0 0 0 rg BT 447.40 670.10 Td (Agreement, all of which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.10 Td (was refinanced on January29, 2018 with borrowings under the Credit ) Tj ET Q q 0 0 0 rg BT 331.60 658.10 Td (Agreement. No penalties or other early termination fees ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.10 Td (were incurred in connection with the amendment and restatement of the Prior ) Tj ET Q q 0 0 0 rg BT 361.56 646.10 Td (Agreement. ) Tj ET Q q 0 0 0 rg BT 410.81 646.10 Td (W) Tj ET Q q 0 0 0 rg BT 419.44 646.10 Td (e recorded a loss of $0.7 million in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.10 Td (other income \(expense\) - net during the first quarter of fiscal year 2018 for debt issuance costs associated with the Prior ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.10 Td (Agreement. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 598.10 Td (Amounts outstanding under the Revolving Credit Facility bear interest at \(a\)the LIBOR rate plus the applicable interest ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.10 Td (mar) Tj ET Q q 0 0 0 rg BT 65.37 586.10 Td (gin, \(b\) the daily LIBOR rate plus the applicable interest mar) Tj ET Q q 0 0 0 rg BT 309.28 586.10 Td (gin or \(c\)the base rate plus the applicable interest mar) Tj ET Q q 0 0 0 rg BT 526.23 586.10 Td (gin. ) Tj ET Q q 0 0 0 rg BT 543.83 586.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.10 Td (applicable interest mar) Tj ET Q q 0 0 0 rg BT 140.89 574.10 Td (gin varies from 4.00% to 5.00% for LIBOR rate loans and daily LIBOR rate loans and 1.50% to 3.00% ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.10 Td (for base rate loans and is based on our average daily excess availability under the revolving credit loans under the Credit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.10 Td (Agreement for the most recently ended calendar quarter) Tj ET Q q 0 0 0 rg BT 273.11 550.10 Td (, which is an amount equal to \(a\) the lesser of \(i\)$325 million and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.10 Td (\(ii\)the aggregate borrowing base minus \(b\)the amount of all outstanding borrowings and letter of credit obligations under the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.10 Td (revolving credit facility under the Credit ) Tj ET Q q 0 0 0 rg BT 213.84 526.10 Td (Agreement, for each day during the applicable period divided by the number of days ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.10 Td (in such period. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 492.10 Td (Amounts outstanding under the ) Tj ET Q q 0 0 0 rg BT 200.64 492.10 Td (T) Tj ET Q q 0 0 0 rg BT 206.05 492.10 Td (erm Loan Facility bear interest at a rate per annum equal to \(a\) the LIBOR rate plus 7%, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 480.10 Td (increasing to the LIBOR rate plus 8% on January 29, 2019 and the LIBOR rate plus 9% on January 29, 2020 and thereafter or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 468.10 Td (\(b\) the base rate plus 5.5%, increasing to the base rate plus 6.5% on January 29, 2019 and to the base rate plus 7.5% on January ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 456.10 Td (29, 2020 and thereafter) Tj ET Q q 0 0 0 rg BT 142.19 456.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 434.10 Td (W) Tj ET Q q 0 0 0 rg BT 81.14 434.10 Td (e are required to repay the outstanding principal balance of the ) Tj ET Q q 0 0 0 rg BT 333.91 434.10 Td (T) Tj ET Q q 0 0 0 rg BT 339.32 434.10 Td (erm Loan Facility in the amount of $125 million on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 422.10 Td (March 31, 2019, $75 million on March 31, 2020 and the outstanding balance on December 31, 2020. ) Tj ET Q q 0 0 0 rg BT 455.47 422.10 Td (Additionally) Tj ET Q q 0 0 0 rg BT 505.38 422.10 Td (, loans under ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 410.10 Td (the Credit ) Tj ET Q q 0 0 0 rg BT 91.66 410.10 Td (Agreement may be prepaid, in whole or in part, at our option, in minimum principal amounts of \(a\) $1.0 million or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 398.10 Td (increments of $1.0 million in excess thereof, with respect to a base rate loan under the Revolving Credit Facility) Tj ET Q q 0 0 0 rg BT 498.12 398.10 Td (, \(b\) $5.0 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 386.10 Td (million or increments of $1.0 million in excess thereof, with respect to a LIBOR rate loan or a daily LIBOR rate loan under the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 374.10 Td (Revolving Credit Facility) Tj ET Q q 0 0 0 rg BT 151.56 374.10 Td (, and \(c\) $5.0 million or increments of $1.0 million in excess thereof, with respect to the ) Tj ET Q q 0 0 0 rg BT 506.02 374.10 Td (T) Tj ET Q q 0 0 0 rg BT 511.43 374.10 Td (erm Loan ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 362.10 Td (Facility) Tj ET Q q 0 0 0 rg BT 79.90 362.10 Td (. Loans under the Credit ) Tj ET Q q 0 0 0 rg BT 178.77 362.10 Td (Agreement must be repaid with the net cash proceeds of certain asset sales, insurance and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 350.10 Td (condemnation events, certain debt and equity issuances and certain cash dividends received from our subsidiaries. ) Tj ET Q q 0 0 0 rg BT 508.28 350.10 Td (W) Tj ET Q q 0 0 0 rg BT 516.92 350.10 Td (e may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 338.10 Td (permanently reduce the revolving credit commitment at any time, in whole or in part, without premium or penalty) Tj ET Q q 0 0 0 rg BT 505.05 338.10 Td (, in a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 326.10 Td (minimum aggregate principal amount of not less than $3.0 million or increments of $1.0 million in excess thereof.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 302.10 Td (W) Tj ET Q q 0 0 0 rg BT 81.14 302.10 Td (e are required to pay a commitment fee on the unused amounts of the commitments under the Revolving Credit Facility) Tj ET Q q 0 0 0 rg BT 558.97 302.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 290.10 Td (payable quarterly in arrears, of 0.5% on the average daily unused portion of the overall commitment under the Revolving ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 278.10 Td (Credit Facility) Tj ET Q q 0 0 0 rg BT 107.40 278.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 254.10 Td (The repayment obligation under the Credit ) Tj ET Q q 0 0 0 rg BT 245.23 254.10 Td (Agreement can be accelerated upon the occurrence of an event of default, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 242.10 Td (including the failure to pay principal or interest, a material inaccuracy of a representation or warranty) Tj ET Q q 0 0 0 rg BT 454.73 242.10 Td (, violation of covenants, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 230.10 Td (cross-default, change in control, bankruptcy events, failure of a loan document provision, certain ERISA) Tj ET Q q 0 0 0 rg BT 467.93 230.10 Td ( events and material ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 218.10 Td (judgments.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 194.10 Td (Financial covenants governing the Credit ) Tj ET Q q 0 0 0 rg BT 239.40 194.10 Td (Agreement require us to maintain \(a\) a minimum fixed char) Tj ET Q q 0 0 0 rg BT 478.31 194.10 Td (ge coverage ratio ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 182.10 Td (measured quarterly on a rolling twelve-month basis of 1.15 to 1.00 if our quarter) Tj ET Q q 0 0 0 rg BT 372.22 182.10 Td (-end balances of cash and cash equivalents ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 170.10 Td (plus the excess availability under the Revolving Credit Facility is less than $200 million; \(b\) a maximum leverage ratio ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 158.10 Td (measured as of the last day of each fiscal quarter for the period of four fiscal quarters ending on such date of \(i\) 4.5 to 1.0 for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 146.10 Td (the period ending March 31, 2018, \(ii\) 4.75 to 1.0 for the period ending June 30, 2018, \(iii\) 5.0 to 1.0 for the period ending ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 134.10 Td (September 29, 2018, \(iv\) 4.25 to 1.0 for the period ending December 29, 2018, \(v\) 3.75 to 1.0 for each fiscal quarter ending ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 122.10 Td (during the period from December 30, 2018 through September 28, 2019, and \(vi\) 3.5 to 1.0 thereafter; \(c\) a minimum trailing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 110.10 Td (twelve-month EBITDA) Tj ET Q q 0 0 0 rg BT 144.15 110.10 Td ( tested quarterly of $1) Tj ET Q q 0 0 0 rg BT 231.53 110.10 Td (10 million \(beginning with the fiscal quarter ending December 29, 2018\); \(d\) a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 98.10 Td (minimum liquidity covenant of unrestricted cash and cash equivalents plus available and unused capacity under the Revolving ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 86.10 Td (Credit Facility equal to $160 million; and \(e\) maximum capital expenditures of $35 million per year) Tj ET Q q 0 0 0 rg BT 449.63 86.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 62.10 Td (During fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 147.19 62.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 167.19 62.10 Td (, we had net borrowings of $400.0 million under the ) Tj ET Q q 0 0 0 rg BT 378.09 62.10 Td (T) Tj ET Q q 0 0 0 rg BT 383.50 62.10 Td (erm Loan at an average annual interest rate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 50.10 Td (of 9.0%. ) Tj ET Q q 0 0 0 rg BT 88.61 50.10 Td (Additionally) Tj ET Q q 0 0 0 rg BT 138.51 50.10 Td (, we had net ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.33 50.10 Td (payments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 227.65 50.10 Td ( of $445.0 million under the Revolving Credit Facility and revolving credit loans ) Tj ET Q endstream endobj 89 0 obj <>] /Rotate 0 /Contents 90 0 R>> endobj 90 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (41) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (under the Prior ) Tj ET Q q 0 0 0 rg BT 111.93 742.10 Td (Agreement during fiscal year 2018 at an average interest rate of 5.4%. ) Tj ET Q q 0 0 0 rg BT 394.59 742.10 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.04 742.10 Td (December29, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.62 742.10 Td (, we had $400.0 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (million outstanding under the ) Tj ET Q q 0 0 0 rg BT 170.36 730.10 Td (T) Tj ET Q q 0 0 0 rg BT 175.77 730.10 Td (erm Loan and no loans outstanding under the Revolving Credit Facility) Tj ET Q q 0 0 0 rg BT 460.63 730.10 Td (. ) Tj ET Q q 0 0 0 rg BT 465.07 730.10 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.52 730.10 Td (December29, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 718.10 Td (, we had unamortized debt issuance costs of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.00 718.10 Td ($7.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.89 718.10 Td (, which reduce the corresponding debt liability) Tj ET Q q 0 0 0 rg BT 482.58 718.10 Td (. In addition, we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (had $2.7million of outstanding standby letters of credit at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 284.68 706.10 Td (December29, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.26 706.10 Td (. ) Tj ET Q q 0 0 0 rg BT 367.71 706.10 Td (Amounts available under the Revolving Credit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (Facility are reduced by any amounts outstanding under standby letters of credit. ) Tj ET Q q 0 0 0 rg BT 370.75 694.10 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.19 694.10 Td (December29, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.77 694.10 Td (, we had ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.87 694.10 Td ($322.3 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 682.10 Td ( available for borrowing under the Revolving Credit Facility) Tj ET Q q 0 0 0 rg BT 319.85 682.10 Td (. Borrowings under the Revolving Credit Facility were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.10 Td (mainly used to fund normal operating expenses and capital expenditures. ) Tj ET Q q 0 0 0 rg BT 343.53 670.10 Td (At ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.03 670.10 Td (December29, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.61 670.10 Td (, we were in compliance with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.10 Td (all debt covenants related to all our credit facilities.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 637.10 Td (On January 4, 2019, we made a $125.0 million payment on the ) Tj ET Q q 0 0 0 rg BT 326.44 637.10 Td (T) Tj ET Q q 0 0 0 rg BT 331.85 637.10 Td (erm Loan to repay the outstanding principal balance due ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 625.10 Td (on March 31, 2019 under the terms of the Credit ) Tj ET Q q 0 0 0 rg BT 245.79 625.10 Td (Agreement. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 604.10 Td (On June 23, 2016, Fossil ) Tj ET Q q 0 0 0 rg BT 173.90 604.10 Td (Accessories South ) Tj ET Q q 0 0 0 rg BT 249.45 604.10 Td (Africa Pty Ltd, entered into a 20 million South ) Tj ET Q q 0 0 0 rg BT 438.31 604.10 Td (African rand short-term note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 592.10 Td (with First National Bank \(the "Fossil South ) Tj ET Q q 0 0 0 rg BT 225.48 592.10 Td (Africa Note"\) that is used for working capital purposes. ) Tj ET Q q 0 0 0 rg BT 449.87 592.10 Td (The Fossil South ) Tj ET Q q 0 0 0 rg BT 519.61 592.10 Td (Africa ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 580.10 Td (Note bears interest at the bank's prime rate, 10.25% ) Tj ET Q BT /F1 10.00 Tf ET 1 1 1 rg /GS0 gs 258.68 587.03 302.25 -9.09 re f /GS0 gs q 0 0 0 rg BT 258.68 580.10 Td (as of year end 2018. ) Tj ET Q q 0 0 0 rg BT 341.80 580.10 Td (The Fossil South ) Tj ET Q q 0 0 0 rg BT 411.54 580.10 Td (Africa Note is reviewed annually for ) Tj ET Q BT /F1 10.00 Tf ET 1 1 1 rg /GS0 gs 50.00 575.03 498.51 -9.09 re f /GS0 gs q 0 0 0 rg BT 50.00 568.10 Td (renewal. South ) Tj ET Q q 0 0 0 rg BT 111.93 568.10 Td (African rand-based borrowings, in U.S. dollars, under the Fossil South ) Tj ET Q q 0 0 0 rg BT 396.34 568.10 Td (Africa Note were approximately $0.4 ) Tj ET Q BT /F1 10.00 Tf ET 1 1 1 rg /GS0 gs 50.00 563.03 149.96 -9.09 re f /GS0 gs q 0 0 0 rg BT 50.00 556.10 Td (million at the end of fiscal year 2018.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 535.10 Td (Contractual Obligations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 514.10 Td (The following table identifies our contractual obligations as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.43 514.10 Td (December29, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.02 514.10 Td ( \(in thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 482.60 171.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 221.50 482.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 286.50 482.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 482.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 482.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 482.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 482.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 482.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 482.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 482.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 452.60 171.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 221.50 452.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 286.50 452.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 452.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 452.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 452.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 452.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 452.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 452.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 452.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 422.60 171.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 221.50 422.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 286.50 422.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 422.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 422.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 422.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 422.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 422.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 422.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 422.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 392.60 171.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 221.50 392.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 286.50 392.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 392.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 392.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 392.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 392.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 392.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 392.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 392.60 65.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 482.6 m 286.5 482.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 290.5 482.6 m 355.5 482.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 482.6 m 424.5 482.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 482.6 m 493.5 482.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 482.6 m 562.5 482.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 482.6 m 286.5 482.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 290.5 482.6 m 355.5 482.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 482.6 m 424.5 482.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 482.6 m 493.5 482.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 482.6 m 562.5 482.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 377.6 m 286.5 377.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 290.5 377.6 m 355.5 377.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 377.6 m 424.5 377.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 377.6 m 493.5 377.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 377.6 m 562.5 377.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 377.6 m 286.5 377.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 363.6 m 286.5 363.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 361.6 m 286.5 361.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 290.5 377.6 m 355.5 377.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 290.5 363.6 m 355.5 363.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 290.5 361.6 m 355.5 361.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 377.6 m 424.5 377.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 363.6 m 424.5 363.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 361.6 m 424.5 361.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 377.6 m 493.5 377.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 363.6 m 493.5 363.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 361.6 m 493.5 361.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 377.6 m 562.5 377.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 363.6 m 562.5 363.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 361.6 m 562.5 361.6 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 487.28 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 244.75 486.83 Td (T) Tj ET Q q 0 0 0 rg BT 249.72 486.83 Td (otal) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 306.15 494.83 Td (Less than) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 311.70 486.83 Td (1 ) Tj ET Q q 0 0 0 rg BT 317.55 486.83 Td (Y) Tj ET Q q 0 0 0 rg BT 322.74 486.83 Td (ear) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 373.75 486.83 Td (1-3 ) Tj ET Q q 0 0 0 rg BT 390.27 486.83 Td (Y) Tj ET Q q 0 0 0 rg BT 395.45 486.83 Td (ears) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 442.75 486.83 Td (3-5 ) Tj ET Q q 0 0 0 rg BT 459.12 486.83 Td (Y) Tj ET Q q 0 0 0 rg BT 464.01 486.83 Td (ears) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 511.45 494.83 Td (Mor) Tj ET Q q 0 0 0 rg BT 526.41 494.83 Td (e than) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 517.05 486.83 Td (5 ) Tj ET Q q 0 0 0 rg BT 522.75 486.83 Td (Y) Tj ET Q q 0 0 0 rg BT 527.64 486.83 Td (ears) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 472.27 Td (Debt obligations ) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 121.88 476.80 Td (\(1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 224.00 472.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 250.15 472.27 Td (400,400) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.00 472.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.15 472.27 Td (125,400) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.00 472.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.15 472.27 Td (275,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 472.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.65 472.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 472.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 472.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 457.27 Td (Interest payments on debt ) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 158.53 461.80 Td (\(2\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 255.15 457.27 Td (50,004) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.15 457.27 Td (29,169) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.15 457.27 Td (20,835) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.65 457.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 457.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 442.27 Td (Minimum royalty payments ) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 167.16 446.80 Td (\(3\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 250.15 442.27 Td (170,274) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.15 442.27 Td (146,600) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.15 442.27 Td (5,679) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 442.27 Td (7,844) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 442.27 Td (10,151) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 427.27 Td (Capital lease obligations ) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 153.81 431.80 Td (\(4\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 260.15 427.27 Td (3,541) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.65 427.27 Td (951) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.15 427.27 Td (1,894) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.65 427.27 Td (696) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 427.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 412.27 Td (Operating lease obligations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 250.15 412.27 Td (646,762) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.15 412.27 Td (135,025) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.15 412.27 Td (189,898) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 412.27 Td (135,638) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 412.27 Td (186,201) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 397.27 Td (Purchase obligations ) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 138.54 401.80 Td (\(5\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 250.15 397.27 Td (370,948) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.15 397.27 Td (341,300) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.15 397.27 Td (26,562) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 397.27 Td (2,897) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 397.27 Td (189) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 382.27 Td (Uncertain tax positions ) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 148.26 386.80 Td (\(6\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 255.15 382.27 Td (17,922) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.15 382.27 Td (17,922) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.65 382.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.65 382.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 382.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 367.27 Td (T) Tj ET Q q 0 0 0 rg BT 64.41 367.27 Td (otal contractual obligations ) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 175.77 371.80 Td (\(7\) \(8\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 224.00 367.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 242.65 367.27 Td (1,659,851) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.00 367.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.15 367.27 Td (796,367) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.00 367.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.15 367.27 Td (519,868) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 367.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 367.27 Td (147,075) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 367.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 367.27 Td (196,541) Tj ET Q BT /F1 10.00 Tf ET BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 353.50 Td (____________________________________________) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 341.50 Td (\(1\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 341.50 Td (Consists of borrowings, excluding contractual interest payments and unamortized debt issuance costs of $7.7 million.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 320.50 Td (\(2\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 320.50 Td (Consists of estimated interest payments under the Revolving Credit Facility) Tj ET Q q 0 0 0 rg BT 370.36 320.50 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 299.50 Td (\(3\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 299.50 Td (Consists primarily of minimum royalty commitments under exclusive licenses to manufacture watches and jewelry under ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 287.50 Td (trademarks not owned by us. However) Tj ET Q q 0 0 0 rg BT 222.00 287.50 Td (, these minimum royalty commitments do not include amounts owed pursuant to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 275.50 Td (various license and design service agreements under which we are obligated to pay the licensors a percentage of our net ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 263.50 Td (sales of these licensed products.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 242.50 Td (\(4\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 242.50 Td (Payments shown include interest.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 221.50 Td (\(5\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 221.50 Td (Consists primarily of open non-cancelable purchase orders.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 200.50 Td (\(6\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 200.50 Td (Management has only included its current ) Tj ET Q q 0 0 0 rg BT 237.96 200.50 Td (ASC 740 liability in the table above. Long-term amounts of $22.0million have ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 188.50 Td (been excluded because the payment timing cannot be reasonably estimated.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 167.50 Td (\(7\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 167.50 Td (Pension obligations of $10.3 millionand deferred compensation liabilities of $3.9 million have been excluded because the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 155.50 Td (payment timing cannot be reasonably estimated.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 134.50 Td (\(8\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 134.50 Td (The contingent consideration liability of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.57 134.50 Td ($2.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 280.46 134.50 Td ( related to Fossil ) Tj ET Q q 0 0 0 rg BT 348.79 134.50 Td (Accessories South ) Tj ET Q q 0 0 0 rg BT 424.34 134.50 Td (Africa Pty) Tj ET Q q 0 0 0 rg BT 465.07 134.50 Td (. Ltd. has been ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 122.50 Td (excluded because the payment timing cannot be reasonably estimated. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 101.50 Td (Off Balance Sheet ) Tj ET Q q 0 0 0 rg BT 128.60 101.50 Td (Arrangements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 80.50 Td (W) Tj ET Q q 0 0 0 rg BT 82.64 80.50 Td (e are the guarantor for a 4.0 million Swiss franc credit facility agreement entered into by Swiss ) Tj ET Q q 0 0 0 rg BT 464.56 80.50 Td (T) Tj ET Q q 0 0 0 rg BT 469.97 80.50 Td (echnology ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 68.50 Td (Components Ltd. \("STC"\), our equity method investee. ) Tj ET Q q 0 0 0 rg BT 273.51 68.50 Td (W) Tj ET Q q 0 0 0 rg BT 282.15 68.50 Td (e are obligated to pay up to 4.4 million Swiss francs in the event of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 56.50 Td (default by STC.) Tj ET Q endstream endobj 91 0 obj <>] /Rotate 0 /Contents 92 0 R>> endobj 92 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (42) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 742.10 Td (There are no other of) Tj ET Q q 0 0 0 rg BT 158.22 742.10 Td (f balance sheet arrangements other than those disclosed in Note 14Commitments and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (Contingencies to our consolidated financial statements set forth in PartII, Item8 of this ) Tj ET Q q 0 0 0 rg BT 402.70 730.10 Td (Annual Report on Form10-K.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 709.10 Td (Inflation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 688.10 Td (W) Tj ET Q q 0 0 0 rg BT 81.14 688.10 Td (e do not believe thatinflationhas had a material ef) Tj ET Q q 0 0 0 rg BT 283.66 688.10 Td (fect on our results for fiscal years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.00 688.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.00 688.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.00 688.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.00 688.10 Td ( or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.33 688.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.33 688.10 Td (; however) Tj ET Q q 0 0 0 rg BT 537.63 688.10 Td (, our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 676.10 Td (business could be af) Tj ET Q q 0 0 0 rg BT 130.63 676.10 Td (fected by inflation in the future.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 634.10 Td (Selected Quarterly Consolidated Financial Data) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 613.10 Td (The table below sets forth selected quarterly consolidated financial information. ) Tj ET Q q 0 0 0 rg BT 396.21 613.10 Td (The information is derived from our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 601.10 Td (unaudited consolidated financial statements and includes all normal and recurring adjustments that management considers ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 589.10 Td (necessary for a fair statement of results for such periods. ) Tj ET Q q 0 0 0 rg BT 278.35 589.10 Td (The operating results for any quarter are not necessarily indicative of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 577.10 Td (results for any future period. Certain line items presented in the tables below) Tj ET Q q 0 0 0 rg BT 355.65 577.10 Td (, when aggregated, may not agree with the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 565.10 Td (corresponding line items on our consolidated statements of income \(loss\) and comprehensive income \(loss\) for fiscal years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 553.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 553.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.44 553.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 109.44 553.10 Td ( due to rounding \(in thousands, except percentage and per share data\).) Tj ET Q 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 50.50 532.60 240.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 290.50 532.60 65.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 355.50 532.60 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 359.50 532.60 65.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 424.50 532.60 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 428.50 532.60 65.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 493.50 532.60 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 497.50 532.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 502.60 240.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 502.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 502.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 502.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 502.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 502.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 502.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 502.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 472.60 240.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 472.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 472.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 472.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 472.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 472.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 472.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 472.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 442.60 240.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 442.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 442.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 442.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 442.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 442.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 442.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 442.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 412.60 240.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 412.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 412.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 412.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 412.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 412.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 412.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 412.60 65.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 290.5 532.6 m 355.5 532.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 532.6 m 424.5 532.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 532.6 m 493.5 532.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 532.6 m 562.5 532.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 532.6 m 562.5 532.6 l s BT /F2 8.00 Tf ET 0 0 0 RG /GS0 gs 0.76 w 0 i [] 0 d 1 J 1 j 3 M 53 533.880078125 m 108.546875 533.880078125 l s q 0 0 0 rg BT 53.00 535.13 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 74.70 535.13 Td (Y) Tj ET Q q 0 0 0 rg BT 79.59 535.13 Td (ear) Tj ET Q q 0 0 0 rg BT 90.55 535.13 Td ( 2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 310.45 534.73 Td (1stQtr) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 377.90 534.73 Td (2ndQtr) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 447.35 534.73 Td (3rdQtr) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 516.75 534.73 Td (4thQtr) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 522.27 Td (Net sales) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.00 522.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.15 522.27 Td (569,156) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.00 522.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.15 522.27 Td (576,583) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 522.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 522.27 Td (608,827) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 522.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.15 522.27 Td (786,922) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 507.27 Td (Gross profit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.15 507.27 Td (287,691) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.15 507.27 Td (309,009) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 507.27 Td (326,532) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.15 507.27 Td (416,904) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 492.27 Td (Net income \(loss\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.80 492.32 Td (\(47,505) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.65 492.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.80 492.32 Td (\(7,237) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.65 492.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 492.27 Td (5,922) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 492.27 Td (47,882) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 477.27 Td (Net income attributable to noncontrolling interest) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.65 477.27 Td (768) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.65 477.27 Td (563) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.65 477.27 Td (916) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.65 477.27 Td (293) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 462.27 Td (Net income \(loss\) attributable to Fossil Group, Inc.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.00 462.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.80 462.32 Td (\(48,273) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.65 462.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.00 462.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.80 462.32 Td (\(7,800) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.65 462.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 462.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 462.27 Td (5,006) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 462.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 462.27 Td (47,589) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 447.27 Td (Earnings \(loss\) per share:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.00 447.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.00 447.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.00 447.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.00 447.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 432.27 Td (Basic) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.00 432.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 325.80 432.32 Td (\(0.99) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.65 432.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.00 432.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.80 432.32 Td (\(0.16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.65 432.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 432.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 432.27 Td (0.10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 432.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 432.27 Td (0.96) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 417.27 Td (Diluted) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.00 417.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 325.80 417.32 Td (\(0.99) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.65 417.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.00 417.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.80 417.32 Td (\(0.16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.65 417.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 417.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 417.27 Td (0.10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 417.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 417.27 Td (0.94) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 402.27 Td (Gross profit as a percentage of net sales) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.15 402.27 Td (50.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.65 402.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.15 402.27 Td (53.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.65 402.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 402.27 Td (53.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 402.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 402.27 Td (53.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 402.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 368.60 240.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 368.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 368.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 368.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 368.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 368.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 368.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 368.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 338.60 240.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 338.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 338.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 338.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 338.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 338.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 338.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 338.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 308.60 240.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 308.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 308.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 308.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 308.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 308.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 308.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 308.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 278.60 240.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 278.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 278.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 278.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 278.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 278.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 278.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 278.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 248.60 240.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 248.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 248.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 248.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 248.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 248.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 248.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 248.60 65.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 290.5 368.6 m 355.5 368.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 368.6 m 424.5 368.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 368.6 m 493.5 368.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 368.6 m 562.5 368.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 290.5 368.6 m 355.5 368.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 368.6 m 424.5 368.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 368.6 m 493.5 368.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 368.6 m 562.5 368.6 l s BT /F2 8.00 Tf ET 0 0 0 RG /GS0 gs 0.76 w 0 i [] 0 d 1 J 1 j 3 M 53 369.880078125 m 108.546875 369.880078125 l s q 0 0 0 rg BT 53.00 371.13 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 74.70 371.13 Td (Y) Tj ET Q q 0 0 0 rg BT 79.59 371.13 Td (ear) Tj ET Q q 0 0 0 rg BT 90.55 371.13 Td ( 2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 310.45 370.73 Td (1stQtr) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 377.90 370.73 Td (2ndQtr) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 447.35 370.73 Td (3rdQtr) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 516.75 370.73 Td (4thQtr) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 358.27 Td (Net sales) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.00 358.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.15 358.27 Td (581,790) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.00 358.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.15 358.27 Td (596,846) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 358.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 358.27 Td (688,722) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 358.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.15 358.27 Td (920,805) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 343.27 Td (Gross profit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.15 343.27 Td (289,519) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.15 343.27 Td (301,347) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 343.27 Td (319,893) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.15 343.27 Td (448,080) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 328.27 Td (Net income \(loss\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.80 328.32 Td (\(46,789) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.65 328.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.80 328.32 Td (\(343,099) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.65 328.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.80 328.32 Td (\(5,479) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 328.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 328.32 Td (\(78,192) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 328.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 313.27 Td (Net income \(loss\) attributable to noncontrolling interest) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.15 313.27 Td (1,397) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.15 313.27 Td (1,613) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.30 313.32 Td (\(80) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 313.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 313.27 Td (1,683) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 298.27 Td (Net income \(loss\) attributable to Fossil Group, Inc.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.00 298.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.80 298.32 Td (\(48,186) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.65 298.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.00 298.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.80 298.32 Td (\(344,712) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.65 298.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 298.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.80 298.32 Td (\(5,399) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 298.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 298.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 298.32 Td (\(79,875) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 298.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 283.27 Td (Earnings \(loss\) per share:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.00 283.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.00 283.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.00 283.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.00 283.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 268.27 Td (Basic) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.00 268.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 325.80 268.32 Td (\(1.00) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.65 268.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.00 268.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.80 268.32 Td (\(7.1) Tj ET Q q 0 0 0 rg BT 410.63 268.32 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.65 268.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 268.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.80 268.32 Td (\(0.1) Tj ET Q q 0 0 0 rg BT 479.63 268.32 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 268.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 268.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 268.32 Td (\(1.65) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 268.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 253.27 Td (Diluted) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.00 253.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 325.80 253.32 Td (\(1.00) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.65 253.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.00 253.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.80 253.32 Td (\(7.1) Tj ET Q q 0 0 0 rg BT 410.63 253.32 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.65 253.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 253.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.80 253.32 Td (\(0.1) Tj ET Q q 0 0 0 rg BT 479.63 253.32 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 253.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 253.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 253.32 Td (\(1.65) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 253.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 238.27 Td (Gross profit as a percentage of net sales) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.15 238.27 Td (49.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.65 238.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.15 238.27 Td (50.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.65 238.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 238.27 Td (46.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 238.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 238.27 Td (48.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 238.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 213.10 Td (While the majority of our products are not seasonal in nature, a significant portion of our net sales and operating income ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 201.10 Td (is generally derived in the second half of the fiscal year) Tj ET Q q 0 0 0 rg BT 271.03 201.10 Td (. Our third and fourth quarters, which include the "back to school" and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 189.10 Td (holiday seasons, have historically generated a significant portion of our annual operating income. Connected products appear ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 177.10 Td (to be more seasonal than traditional products which may further impact our operational performance in the third and fourth ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 165.10 Td (quarters as compared to the first half of the year) Tj ET Q q 0 0 0 rg BT 241.31 165.10 Td (. ) Tj ET Q q 0 0 0 rg BT 248.63 165.10 Td (The amount of net sales and operating income generated during the first ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 153.10 Td (quarter is af) Tj ET Q q 0 0 0 rg BT 97.57 153.10 Td (fected by the levels of inventory held by retailers at the end of the holiday season, as well as general economic ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 141.10 Td (conditions and other factors beyond our control. In general, lower levels of inventory held by retailers at the end of the holiday ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 129.10 Td (season may have a positive impact on our net sales and operating income in the first quarter of the following fiscal year as a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 117.10 Td (result of higher levels of restocking orders placed by retailers.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 96.10 Td (As we expand our e-commerce business and improve productivity in our retail store base, sales from the direct to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 84.10 Td (consumer distribution channel may increase as a percentage of the total sales mix. Based upon the historical seasonality of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 72.10 Td (direct to consumer sales, we believe this expansion could result in higher levels of profitability in the fourth quarter and lower ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 60.10 Td (levels of profitability in the first and second quarters when, due to seasonality) Tj ET Q q 0 0 0 rg BT 360.10 60.10 Td (, it is more dif) Tj ET Q q 0 0 0 rg BT 416.30 60.10 Td (ficult to leverage retail store four ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 48.10 Td (wall operating costs and back of) Tj ET Q q 0 0 0 rg BT 178.95 48.10 Td (fice expenses against a lower level of sales productivity) Tj ET Q q 0 0 0 rg BT 401.00 48.10 Td (. In addition, new product launches ) Tj ET Q endstream endobj 93 0 obj <>] /Rotate 0 /Contents 94 0 R>> endobj 94 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (43) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (would generally augment the sales and operating expense levels in the quarter the product launch takes place. ) Tj ET Q q 0 0 0 rg BT 490.21 742.10 Td (The results of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (operations for a particular quarter may also vary due to a number of factors, including retail, economic and monetary ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (conditions, timing of orders or holidays, the timing of investments and the mix of products sold by us. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 697.10 Td (Item7A.Quantitative and Qualitative Disclosur) Tj ET Q q 0 0 0 rg BT 262.31 697.10 Td (es about Market Risk) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 676.10 Td (For) Tj ET Q q 0 0 0 rg BT 65.37 676.10 Td (eign Curr) Tj ET Q q 0 0 0 rg BT 107.12 676.10 Td (ency Exchange Rate Risk) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 655.10 Td (As a multinational enterprise, we are exposed to changes in foreign currency exchange rates. Our most significant foreign ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 643.10 Td (currency risk relates to the euro and, to a lesser extent, the Canadian dollar) Tj ET Q q 0 0 0 rg BT 348.10 643.10 Td (, British pound, Japanese yen, Mexican peso and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 631.10 Td (Australian dollar as compared to the U.S. dollar) Tj ET Q q 0 0 0 rg BT 240.79 631.10 Td (. Due to our vertical nature whereby a significant portion of goods are sourced ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 619.10 Td (from our owned entities, the foreign currency risks relate primarily to the necessary current settlement of intercompany ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 607.10 Td (inventory transactions. ) Tj ET Q q 0 0 0 rg BT 143.41 607.10 Td (W) Tj ET Q q 0 0 0 rg BT 152.05 607.10 Td (e employ a variety of operating practices to manage these market risks relative to foreign currency ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 595.10 Td (exchange rate changes and, where deemed appropriate, utilize forward contracts. ) Tj ET Q q 0 0 0 rg BT 375.49 595.10 Td (These operating practices include, among ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 583.10 Td (others, our ability to convert foreign currency into U.S. dollars at spot rates and to maintain U.S. dollar pricing relative to sales ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 571.10 Td (of our products to certain distributors located outside the U.S. ) Tj ET Q q 0 0 0 rg BT 299.21 571.10 Td (The use of forward contracts allows us to of) Tj ET Q q 0 0 0 rg BT 475.09 571.10 Td (fset exposure to rate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 559.10 Td (fluctuations because the gains or losses incurred on the derivative instruments will of) Tj ET Q q 0 0 0 rg BT 390.29 559.10 Td (fset, in whole or in part, losses or gains on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 547.10 Td (the underlying foreign currency exposure. ) Tj ET Q q 0 0 0 rg BT 220.31 547.10 Td (W) Tj ET Q q 0 0 0 rg BT 228.95 547.10 Td (e use derivative instruments only for risk management purposes and do not use ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 535.10 Td (them for speculation or for trading. ) Tj ET Q q 0 0 0 rg BT 192.83 535.10 Td (There were no significant changes in how we managed foreign currency transactional ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 523.10 Td (exposure in fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.74 523.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.74 523.10 Td ( and management does not anticipate any significant changes in such exposures or in the strategies ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 511.10 Td (we employ to manage such exposure in the near future.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 490.10 Td (The following table shows our outstanding forward contracts designated as cash flow hedges for intercompany inventory ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 478.10 Td (transactions \(in millions\) at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.20 478.10 Td (December29, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 240.79 478.10 Td ( and their expiration dates.) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 441.60 156.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 206.50 441.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 255.50 441.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 259.50 441.60 157.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 441.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 462.50 441.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 466.50 441.60 96.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 50.50 426.60 156.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 259.50 426.60 157.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 411.60 156.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 206.50 411.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 255.50 411.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 259.50 411.60 157.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 411.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 462.50 411.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 466.50 411.60 96.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 50.50 396.60 156.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 259.50 396.60 157.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 381.60 156.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 206.50 381.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 255.50 381.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 259.50 381.60 157.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 381.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 462.50 381.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 466.50 381.60 96.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 50.50 366.60 156.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 259.50 366.60 157.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 351.60 156.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 206.50 351.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 255.50 351.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 259.50 351.60 157.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 351.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 462.50 351.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 466.50 351.60 96.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 454.6 m 206.5 454.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 206.5 454.6 m 255.5 454.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 259.5 454.6 m 416.5 454.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 454.6 m 462.5 454.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 206.5 441.6 m 255.5 441.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 441.6 m 462.5 441.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 441.6 m 562.5 441.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 206.5 441.6 m 255.5 441.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 441.6 m 462.5 441.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 116.65 458.83 Td (Functional Curr) Tj ET Q q 0 0 0 rg BT 172.80 458.83 Td (ency) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 327.80 458.83 Td (Contract Curr) Tj ET Q q 0 0 0 rg BT 377.71 458.83 Td (ency) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 469.00 458.83 Td () Tj ET Q BT /F2 8.00 Tf ET 0 0 0 RG /GS0 gs 0.76 w 0 i [] 0 d 1 J 1 j 3 M 53 444.580078125 m 69.7421875 444.580078125 l s q 0 0 0 rg BT 53.00 445.83 Td (T) Tj ET Q q 0 0 0 rg BT 58.04 445.83 Td (ype) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 216.45 445.83 Td (Amount) Tj ET Q BT /F2 8.00 Tf ET 0 0 0 RG /GS0 gs 0.76 w 0 i [] 0 d 1 J 1 j 3 M 262 444.580078125 m 278.7421875 444.580078125 l s q 0 0 0 rg BT 262.00 445.83 Td (T) Tj ET Q q 0 0 0 rg BT 266.74 445.83 Td (ype) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 424.95 445.83 Td (Amount) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 482.90 445.83 Td (Expiring ) Tj ET Q q 0 0 0 rg BT 514.99 445.83 Td (Thr) Tj ET Q q 0 0 0 rg BT 528.18 445.83 Td (ough) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 431.27 Td (Euro) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 229.15 431.27 Td (143.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.00 431.27 Td (U.S. dollar) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.15 431.27 Td (172.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.00 431.27 Td (June 2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 416.27 Td (Canadian dollar) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 234.15 416.27 Td (60.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.00 416.27 Td (U.S. dollar) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.15 416.27 Td (46.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.00 416.27 Td (June 2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 401.27 Td (British pound) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 234.15 401.27 Td (21.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.00 401.27 Td (U.S. dollar) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.15 401.27 Td (28.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.00 401.27 Td (June 2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 386.27 Td (Japanese yen) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 221.60 386.27 Td (2,183.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.00 386.27 Td (U.S. dollar) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.15 386.27 Td (20.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.00 386.27 Td (June 2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 371.27 Td (Mexican peso) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 229.15 371.27 Td (396.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.00 371.27 Td (U.S. dollar) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.15 371.27 Td (19.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.00 371.27 Td (September 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 356.27 Td (Australian dollar) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 234.15 356.27 Td (10.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.00 356.27 Td (U.S. dollar) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.15 356.27 Td (7.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.00 356.27 Td (September 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 341.27 Td (U.S. Dollar) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 234.15 341.27 Td (26.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.00 341.27 Td (Japanese ) Tj ET Q q 0 0 0 rg BT 299.85 341.27 Td (Y) Tj ET Q q 0 0 0 rg BT 306.39 341.27 Td (en) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.60 341.27 Td (2,835.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.00 341.27 Td (June 2020) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 316.10 Td (If we were to settle our euro, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 190.23 316.10 Td (Canadian dollar) Tj ET Q q 0 0 0 rg BT 253.42 316.10 Td (, British pound, Japanese yen, Mexican peso, ) Tj ET Q q 0 0 0 rg BT 435.88 316.10 Td (Australian dollar and U.S. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 304.10 Td (dollar) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.33 304.10 Td ( based forward contracts hedging intercompany inventory transactions as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.78 304.10 Td (December29, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.37 304.10 Td (, the net result would ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 292.10 Td (have been a net gain of approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 205.21 292.10 Td ($9.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.11 292.10 Td (, net of taxes. ) Tj ET Q q 0 0 0 rg BT 309.65 292.10 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.09 292.10 Td (December29, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.68 292.10 Td (, a 10% unfavorable change in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 280.10 Td (U.S. dollar strengthening against foreign currencies to which we have balance sheet transactional exposures would have ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 268.10 Td (decreased net pre-tax income by $14.3million. ) Tj ET Q q 0 0 0 rg BT 240.59 268.10 Td (The translation of the balance sheets of our foreign-based operations from their ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 256.10 Td (local currencies into U.S. dollars is also sensitive to changes in foreign currency exchange rates. ) Tj ET Q q 0 0 0 rg BT 436.54 256.10 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.99 256.10 Td (December29, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.57 256.10 Td (, a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 244.10 Td (10% unfavorable change in the exchange rate of the U.S. dollar strengthening against the foreign currencies to which we have ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 232.10 Td (exposure would have reduced consolidated stockholders' equity by approximately $49.2million.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 211.10 Td (Inter) Tj ET Q q 0 0 0 rg BT 71.48 211.10 Td (est Rate Risk) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 190.10 Td (W) Tj ET Q q 0 0 0 rg BT 81.14 190.10 Td (e are subject to interest rate volatility with regard to debt borrowings. Based on our variable-rate debt outstanding as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 178.10 Td (December29, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.58 178.10 Td (, a 100 basis point increase in interest rates would increase annual interest expense by approximately) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.23 178.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 166.10 Td ($4.1million.) Tj ET Q endstream endobj 95 0 obj <>] /Rotate 0 /Contents 96 0 R>> endobj 96 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (44) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Item8.Consolidated Financial Statements and Supplementary Data) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 709.25 Td (REPOR) Tj ET Q q 0 0 0 rg BT 84.65 709.25 Td (T) Tj ET Q q 0 0 0 rg BT 91.14 709.25 Td ( OF) Tj ET Q q 0 0 0 rg BT 107.15 709.25 Td ( INDEPENDENT) Tj ET Q q 0 0 0 rg BT 182.26 709.25 Td ( REGISTERED PUBLIC ) Tj ET Q q 0 0 0 rg BT 292.57 709.25 Td (ACCOUNTING FIRM) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 685.25 Td (T) Tj ET Q q 0 0 0 rg BT 55.41 685.25 Td (o the stockholders and the Board of Directors of Fossil Group, Inc.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 661.25 Td (Opinion on the Financial Statements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 637.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 637.25 Td (e have audited the accompanying consolidated balance sheets of Fossil Group, Inc. and subsidiaries \(the "Company"\) as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 625.25 Td (December 29, 2018 and December 30, 2017, and the related consolidated statements of income \(loss\) and comprehensive ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 613.25 Td (income \(loss\), stockholders' equity) Tj ET Q q 0 0 0 rg BT 188.35 613.25 Td (, and cash flows for each of the three years in the period ended December 29, 2018, and the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 601.25 Td (related notes and the schedule listed in the Index at Item 15 \(collectively referred to as the "financial statements"\). In our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 589.25 Td (opinion, the financial statements present fairly) Tj ET Q q 0 0 0 rg BT 234.85 589.25 Td (, in all material respects, the financial position of the Company as of December ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 577.25 Td (29, 2018 and December 30, 2017, and the results of its operations and its cash flows for each of the three years in the period ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 565.25 Td (ended December 29, 2018, in conformity with accounting principles generally accepted in the United States of ) Tj ET Q q 0 0 0 rg BT 494.31 565.25 Td (America.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 541.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 541.25 Td (e have also audited, in accordance with the standards of the Public Company ) Tj ET Q q 0 0 0 rg BT 367.44 541.25 Td (Accounting Oversight Board \(United States\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 529.25 Td (\(PCAOB\), the Company's internal control over financial reporting as of December 29, 2018, based on criteria established in ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 517.25 Td (Internal Contr) Tj ET Q q 0 0 0 rg BT 107.69 517.25 Td (ol Integrated Framework \(2013\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.33 517.25 Td ( issued by the Committee of Sponsoring Or) Tj ET Q q 0 0 0 rg BT 422.75 517.25 Td (ganizations of the ) Tj ET Q q 0 0 0 rg BT 496.16 517.25 Td (T) Tj ET Q q 0 0 0 rg BT 501.91 517.25 Td (readway ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 505.25 Td (Commission and our report dated February 20, 2019, expressed an unqualified opinion on the Company's internal control over ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 493.25 Td (financial reporting.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 469.25 Td (Change in ) Tj ET Q q 0 0 0 rg BT 95.57 469.25 Td (Accounting Principle) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 449.25 Td (As discussed in Note 2 to the financial statements, the Company changed its method of accounting for revenue from contracts ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 437.25 Td (with customers in fiscal year 2018 due to adoption of the new revenue standard. ) Tj ET Q q 0 0 0 rg BT 372.23 437.25 Td (The Company adopted the new revenue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 425.25 Td (standard using a modified retrospective approach.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 405.25 Td (Basis for) Tj ET Q q 0 0 0 rg BT 87.32 405.25 Td ( Opinion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 381.25 Td (These financial statements are the responsibility of the Company's management. Our responsibility is to express an opinion on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 369.25 Td (the Company's financial statements based on our audits. ) Tj ET Q q 0 0 0 rg BT 276.29 369.25 Td (W) Tj ET Q q 0 0 0 rg BT 284.93 369.25 Td (e are a public accounting firm registered with the PCAOB and are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 357.25 Td (required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 345.25 Td (rules and regulations of the Securities and Exchange Commission and the PCAOB.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 321.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 321.25 Td (e conducted our audits in accordance with the standards of the PCAOB. ) Tj ET Q q 0 0 0 rg BT 348.10 321.25 Td (Those standards require that we plan and perform the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 309.25 Td (audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 297.25 Td (error or fraud. Our audits included performing procedures to assess the risks of material misstatement of the financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 285.25 Td (statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 273.25 Td (examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 261.25 Td (evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 249.25 Td (presentation of the financial statements. ) Tj ET Q q 0 0 0 rg BT 211.43 249.25 Td (W) Tj ET Q q 0 0 0 rg BT 220.07 249.25 Td (e believe that our audits provide a reasonable basis for our opinion.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 189.25 Td (/s/ Deloitte & ) Tj ET Q q 0 0 0 rg BT 106.76 189.25 Td (T) Tj ET Q q 0 0 0 rg BT 112.17 189.25 Td (ouche LLP) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 165.25 Td (Dallas, ) Tj ET Q q 0 0 0 rg BT 80.37 165.25 Td (T) Tj ET Q q 0 0 0 rg BT 85.78 165.25 Td (exas) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 153.25 Td (February 20, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 129.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 129.25 Td (e have served as the Company's auditor since 1988.) Tj ET Q endstream endobj 97 0 obj <>] /Rotate 0 /Contents 98 0 R>> endobj 98 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (45) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 256.70 742.25 Td (FOSSIL) Tj ET Q q 0 0 0 rg BT 291.72 742.25 Td ( GROUP) Tj ET Q q 0 0 0 rg BT 329.41 742.25 Td (,INC.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 219.40 721.25 Td (CONSOLIDA) Tj ET Q q 0 0 0 rg BT 279.22 721.25 Td (TED BALANCE SHEETS) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 268.15 700.25 Td (IN ) Tj ET Q q 0 0 0 rg BT 281.58 700.25 Td (THOUSANDS) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 659.75 378.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 659.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 659.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 659.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 633.75 378.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 633.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 633.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 633.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 607.75 378.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 607.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 607.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 607.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 581.75 378.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 581.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 581.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 581.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 555.75 378.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 555.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 555.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 555.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 529.75 378.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 529.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 529.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 529.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 503.75 378.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 503.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 503.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 503.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 477.75 378.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 477.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 477.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 477.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 451.75 378.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 451.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 451.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 451.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 425.75 378.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 425.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 425.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 425.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 399.75 378.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 399.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 399.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 399.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 373.75 378.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 373.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 373.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 373.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 347.75 378.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 347.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 347.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 347.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 321.75 378.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 321.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 321.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 321.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 295.75 378.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 295.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 295.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 295.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 269.75 378.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 269.75 65.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 269.75 4.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 269.75 65.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 235.75 378.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 235.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 235.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 235.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 209.75 378.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 209.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 209.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 209.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 183.75 378.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 183.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 183.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 183.75 65.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 659.75 m 493.5 659.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 659.75 m 562.5 659.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 581.75 m 493.5 581.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 581.75 m 562.5 581.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 542.75 m 493.5 542.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 542.75 m 562.5 542.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 529.75 m 493.5 529.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 517.75 m 493.5 517.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 515.75 m 493.5 515.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 529.75 m 562.5 529.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 517.75 m 562.5 517.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 515.75 m 562.5 515.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 373.75 m 493.5 373.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 373.75 m 562.5 373.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 373.75 m 493.5 373.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 308.75 m 493.5 308.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 308.75 m 562.5 308.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 209.75 m 493.5 209.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 209.75 m 562.5 209.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 183.75 m 493.5 183.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 183.75 m 562.5 183.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 170.75 m 493.5 170.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 158.75 m 493.5 158.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 156.75 m 493.5 156.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 170.75 m 562.5 170.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 158.75 m 562.5 158.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 156.75 m 562.5 156.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 437.25 671.98 Td (December) Tj ET Q q 0 0 0 rg BT 471.82 671.98 Td ( 29,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 452.50 663.98 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 506.25 671.98 Td (December) Tj ET Q q 0 0 0 rg BT 540.75 671.98 Td ( 30,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 521.50 663.98 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 650.98 Td (Assets) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 638.00 Td (Current assets:) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 59.00 625.00 Td (Cash and cash equivalents) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 431.00 625.00 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 464.30 625.00 Td (403,373) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 500.00 625.00 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 533.30 625.00 Td (231,244) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 59.00 612.00 Td (Accounts receivable-net) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 464.30 612.00 Td (328,022) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 533.30 612.00 Td (367,013) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 59.00 599.00 Td (Inventories) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 464.30 599.00 Td (377,622) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 533.30 599.00 Td (573,788) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 59.00 586.00 Td (Prepaid expenses and other current assets) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 464.30 586.00 Td (149,552) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 533.30 586.00 Td (1) Tj ET Q q 0 0 0 rg BT 537.30 586.00 Td (18,943) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 71.00 573.00 Td (T) Tj ET Q q 0 0 0 rg BT 75.61 573.00 Td (otal current assets) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 458.30 573.00 Td (1,258,569) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 527.30 573.00 Td (1,290,988) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 560.00 Td (Property) Tj ET Q q 0 0 0 rg BT 80.29 560.00 Td (, plant and equipment-net) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 464.30 560.00 Td (183,203) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 533.30 560.00 Td (219,742) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 547.00 Td (Intangible and other assets-net) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 464.30 547.00 Td (133,426) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 533.30 547.00 Td (147,642) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 71.00 534.00 Td (T) Tj ET Q q 0 0 0 rg BT 75.61 534.00 Td (otal long-term assets) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 464.30 534.00 Td (316,629) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 533.30 534.00 Td (367,384) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 59.00 521.00 Td (T) Tj ET Q q 0 0 0 rg BT 63.61 521.00 Td (otal assets) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 431.00 521.00 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 458.30 521.00 Td (1,575,198) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 500.00 521.00 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 527.30 521.00 Td (1,658,372) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 507.98 Td (Liabilities and Stockholders' Equity) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 495.00 Td (Current liabilities:) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 59.00 482.00 Td (Accounts payable) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 431.00 482.00 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 464.30 482.00 Td (169,561) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 500.00 482.00 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 533.30 482.00 Td (204,981) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 59.00 469.00 Td (Short-term and current portion of long-term debt) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 464.30 469.00 Td (126,427) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 541.30 469.00 Td (2,144) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 456.00 Td (Accrued expenses:) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 59.00 443.00 Td (Compensation) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 468.30 443.00 Td (76,467) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 537.30 443.00 Td (70,725) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 59.00 430.00 Td (Royalties) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 468.30 430.00 Td (30,582) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 537.30 430.00 Td (39,874) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 59.00 417.00 Td (Customer liabilities) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 468.30 417.00 Td (71,252) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 537.30 417.00 Td (27,946) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 59.00 404.00 Td (T) Tj ET Q q 0 0 0 rg BT 63.75 404.00 Td (ransaction taxes) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 468.30 404.00 Td (32,438) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 537.30 404.00 Td (36,547) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 59.00 391.00 Td (Other) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 468.30 391.00 Td (70,614) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 533.30 391.00 Td (109,21) Tj ET Q q 0 0 0 rg BT 555.30 391.00 Td (1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 378.00 Td (Income taxes payable) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 468.30 378.00 Td (28,462) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 537.30 378.00 Td (17,660) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 71.00 365.00 Td (T) Tj ET Q q 0 0 0 rg BT 75.61 365.00 Td (otal current liabilities) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 464.30 365.00 Td (605,803) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 533.30 365.00 Td (509,088) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 59.00 352.00 Td (Long-term income taxes payable) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 468.30 352.00 Td (28,1) Tj ET Q q 0 0 0 rg BT 482.30 352.00 Td (10) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 537.30 352.00 Td (47,093) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 59.00 339.00 Td (Deferred income tax liabilities) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 472.30 339.00 Td (2,439) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 541.30 339.00 Td (1,096) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 59.00 326.00 Td (Long-term debt) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 464.30 326.00 Td (269,788) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 533.30 326.00 Td (443,942) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 59.00 313.00 Td (Other long-term liabilities) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 468.30 313.00 Td (80,427) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 537.30 313.00 Td (76,206) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 71.00 300.00 Td (T) Tj ET Q q 0 0 0 rg BT 75.33 300.00 Td (otal long-term liabilities) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 464.30 300.00 Td (380,764) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 533.30 300.00 Td (568,337) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 287.00 Td (Commitments and contingencies \(Note14\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 274.00 Td (Stockholders' equity:) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 59.00 261.00 Td (Common stock, 49,518 and 48,643 shares issued and outstanding at December 29, 2018 and December30, 2017,) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 59.00 253.00 Td (respectively) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 478.30 253.00 Td (495) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 547.30 253.00 Td (486) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 59.00 240.00 Td (Additional paid-in capital) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 464.30 240.00 Td (268,1) Tj ET Q q 0 0 0 rg BT 482.30 240.00 Td (13) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 533.30 240.00 Td (242,263) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 59.00 227.00 Td (Retained earnings) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 464.30 227.00 Td (381,626) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 533.30 227.00 Td (409,653) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 59.00 214.00 Td (Accumulated other comprehensive income \(loss\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 465.60 214.00 Td (\(64,691) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 490.30 214.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 534.60 214.00 Td (\(76,269) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 559.30 214.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 59.00 201.00 Td (T) Tj ET Q q 0 0 0 rg BT 63.61 201.00 Td (otal Fossil Group,Inc. stockholders' equity) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 464.30 201.00 Td (585,543) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 533.30 201.00 Td (576,133) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 59.00 188.00 Td (Noncontrolling interest) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 472.30 188.00 Td (3,088) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 541.30 188.00 Td (4,814) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 59.00 175.00 Td (T) Tj ET Q q 0 0 0 rg BT 63.61 175.00 Td (otal stockholders' equity) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 464.30 175.00 Td (588,631) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 533.30 175.00 Td (580,947) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 59.00 162.00 Td (T) Tj ET Q q 0 0 0 rg BT 63.33 162.00 Td (otal liabilities and stockholders' equity) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 431.00 162.00 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 458.30 162.00 Td (1,575,198) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 500.00 162.00 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 527.30 162.00 Td (1,658,372) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 205.60 137.25 Td (See notes to the consolidated financial statements.) Tj ET Q endstream endobj 99 0 obj <>] /Rotate 0 /Contents 100 0 R>> endobj 100 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (46) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 256.70 742.25 Td (FOSSIL) Tj ET Q q 0 0 0 rg BT 291.72 742.25 Td ( GROUP) Tj ET Q q 0 0 0 rg BT 329.41 742.25 Td (,INC.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.85 721.25 Td (CONSOLIDA) Tj ET Q q 0 0 0 rg BT 145.67 721.25 Td (TED ST) Tj ET Q q 0 0 0 rg BT 180.22 721.25 Td (A) Tj ET Q q 0 0 0 rg BT 186.70 721.25 Td (TEMENTS OF) Tj ET Q q 0 0 0 rg BT 251.62 721.25 Td ( INCOME \(LOSS\) ) Tj ET Q q 0 0 0 rg BT 333.02 721.25 Td (AND COMPREHENSIVE INCOME \(LOSS\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 201.30 700.25 Td (IN ) Tj ET Q q 0 0 0 rg BT 214.73 700.25 Td (THOUSANDS, EXCEPT) Tj ET Q q 0 0 0 rg BT 322.35 700.25 Td ( PER SHARE DA) Tj ET Q q 0 0 0 rg BT 398.00 700.25 Td (T) Tj ET Q q 0 0 0 rg BT 403.93 700.25 Td (A) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 667.75 309.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 667.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 667.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 667.75 64.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 667.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 667.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 641.75 309.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 641.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 641.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 641.75 64.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 641.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 641.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 615.75 309.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 615.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 615.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 615.75 64.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 615.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 615.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 589.75 309.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 589.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 589.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 589.75 64.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 589.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 589.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 563.75 309.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 563.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 563.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 563.75 64.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 563.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 563.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 537.75 309.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 537.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 537.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 537.75 64.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 537.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 537.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 511.75 309.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 511.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 511.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 511.75 64.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 511.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 511.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 485.75 309.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 485.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 485.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 485.75 64.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 485.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 485.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 459.75 309.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 459.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 459.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 459.75 64.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 459.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 459.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 433.75 309.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 433.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 433.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 433.75 64.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 433.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 433.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 407.75 309.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 407.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 407.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 407.75 64.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 407.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 407.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 381.75 309.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 381.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 381.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 381.75 64.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 381.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 381.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 355.75 309.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 355.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 355.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 355.75 64.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 355.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 355.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 329.75 309.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 329.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 329.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 329.75 64.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 329.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 329.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 303.75 309.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 303.75 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 303.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 303.75 64.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 303.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 303.75 65.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 667.75 m 424.5 667.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 667.75 m 492.5 667.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 667.75 m 561.5 667.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 641.75 m 424.5 641.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 641.75 m 492.5 641.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 641.75 m 561.5 641.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 576.75 m 424.5 576.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 576.75 m 492.5 576.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 576.75 m 496.5 576.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 576.75 m 561.5 576.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 524.75 m 424.5 524.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 524.75 m 492.5 524.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 524.75 m 496.5 524.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 524.75 m 561.5 524.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 498.75 m 424.5 498.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 498.75 m 492.5 498.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 498.75 m 561.5 498.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 472.75 m 424.5 472.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 460.75 m 424.5 460.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 458.75 m 424.5 458.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 472.75 m 492.5 472.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 460.75 m 492.5 460.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 458.75 m 492.5 458.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 472.75 m 561.5 472.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 460.75 m 561.5 460.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 458.75 m 561.5 458.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 407.75 m 424.5 407.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 407.75 m 492.5 407.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 407.75 m 561.5 407.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 394.75 m 424.5 394.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 394.75 m 492.5 394.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 394.75 m 561.5 394.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 368.75 m 424.5 368.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 356.75 m 424.5 356.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 354.75 m 424.5 354.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 368.75 m 492.5 368.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 356.75 m 492.5 356.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 354.75 m 492.5 354.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 368.75 m 561.5 368.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 356.75 m 561.5 356.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 354.75 m 561.5 354.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 330.75 m 424.5 330.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 328.75 m 424.5 328.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 330.75 m 492.5 330.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 328.75 m 492.5 328.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 330.75 m 561.5 330.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 328.75 m 561.5 328.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 317.75 m 424.5 317.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 315.75 m 424.5 315.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 317.75 m 492.5 317.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 315.75 m 492.5 315.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 317.75 m 561.5 317.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 315.75 m 561.5 315.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 291.75 m 424.5 291.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 289.75 m 424.5 289.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 291.75 m 492.5 291.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 289.75 m 492.5 289.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 291.75 m 561.5 291.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 289.75 m 561.5 289.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 278.75 m 424.5 278.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 276.75 m 424.5 276.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 278.75 m 492.5 278.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 276.75 m 492.5 276.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 278.75 m 561.5 278.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 276.75 m 561.5 276.75 l s BT /F2 8.00 Tf ET 0 0 0 RG /GS0 gs 0.76 w 0 i [] 0 d 1 J 1 j 3 M 53 670.730078125 m 90.619140625 670.730078125 l s q 0 0 0 rg BT 53.00 671.98 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 74.70 671.98 Td (Y) Tj ET Q q 0 0 0 rg BT 79.59 671.98 Td (ear) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 383.50 671.98 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 452.00 671.98 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 520.50 671.98 Td (2016) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 659.00 Td (Net sales) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 362.00 659.00 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 389.30 659.00 Td (2,541,488) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 431.00 659.00 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 457.25 659.00 Td (2,788,163) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 499.00 659.00 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 526.30 659.00 Td (3,042,371) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 646.00 Td (Cost of sales) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 389.30 646.00 Td (1,201,351) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 457.25 646.00 Td (1,429,324) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 526.30 646.00 Td (1,464,185) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 59.00 633.00 Td (Gross profit) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 389.30 633.00 Td (1,340,137) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 457.25 633.00 Td (1,358,839) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 526.30 633.00 Td (1,578,186) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 59.00 620.00 Td (Operating expenses:) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 59.00 607.00 Td (Selling, general and administrative expenses) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 389.30 607.00 Td (1,224,584) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 457.25 607.00 Td (1,327,816) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 526.30 607.00 Td (1,423,262) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 594.00 Td ( Goodwill and trade name impairments) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 403.30 594.00 Td (6,212) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 463.30 594.00 Td (407,128) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 550.30 594.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 59.00 581.00 Td (Restructuring char) Tj ET Q q 0 0 0 rg BT 118.24 581.00 Td (ges) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 399.30 581.00 Td (46,630) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 467.30 581.00 Td (48,171) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 536.30 581.00 Td (27,778) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 568.00 Td (T) Tj ET Q q 0 0 0 rg BT 57.61 568.00 Td (otal operating expenses) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 389.30 568.00 Td (1,277,426) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 457.25 568.00 Td (1,783,1) Tj ET Q q 0 0 0 rg BT 481.25 568.00 Td (15) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 526.30 568.00 Td (1,451,040) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 555.00 Td (Operating income \(loss\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 399.30 555.00 Td (62,71) Tj ET Q q 0 0 0 rg BT 417.30 555.00 Td (1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 460.60 555.00 Td (\(424,276) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 489.30 555.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 532.30 555.00 Td (127,146) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 542.00 Td (Interest expense) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 399.30 542.00 Td (42,503) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 467.30 542.00 Td (43,214) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 536.30 542.00 Td (26,894) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 529.00 Td (Other income \(expense\) - net) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 410.60 529.00 Td (\(38) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 421.30 529.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 467.30 529.00 Td (13,736) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 536.30 529.00 Td (14,056) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 516.00 Td (Income \(loss\) before income taxes) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 399.30 516.00 Td (20,170) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 460.60 516.00 Td (\(453,754) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 489.30 516.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 532.30 516.00 Td (1) Tj ET Q q 0 0 0 rg BT 536.30 516.00 Td (14,308) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 503.00 Td (Provision for income taxes) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 399.30 503.00 Td (21,108) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 467.30 503.00 Td (19,805) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 536.30 503.00 Td (28,705) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 59.00 490.00 Td (Net income \(loss\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 406.60 490.00 Td (\(938) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 421.30 490.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 460.60 490.00 Td (\(473,559) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 489.30 490.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 536.30 490.00 Td (85,603) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 59.00 477.00 Td (Less: Net income attributable to noncontrolling interest) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 403.30 477.00 Td (2,540) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 471.30 477.00 Td (4,613) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 540.30 477.00 Td (6,735) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 464.00 Td (Net income \(loss\) attributable to Fossil Group,Inc.) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 362.00 464.00 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 400.60 464.00 Td (\(3,478) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 421.30 464.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 431.00 464.00 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 460.60 464.00 Td (\(478,172) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 489.30 464.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 499.00 464.00 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 536.30 464.00 Td (78,868) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 451.00 Td (Other comprehensive income \(loss\), net of taxes:) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 421.00 451.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 489.00 451.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 558.00 451.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 59.00 438.00 Td (Currency translation adjustment) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 362.00 438.00 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 396.60 438.00 Td (\(10,369) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 421.30 438.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 431.00 438.00 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 467.30 438.00 Td (37,368) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 499.00 438.00 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 533.60 438.00 Td (\(20,160) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 558.30 438.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 59.00 425.00 Td (Cash flow hedges - net change) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 399.30 425.00 Td (20,673) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 464.60 425.00 Td (\(20,448) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 489.30 425.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 540.30 425.00 Td (2,929) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 59.00 412.00 Td (Pension plan activity) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 403.30 412.00 Td (3,267) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 471.30 412.00 Td (2,235) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 540.30 412.00 Td (2,313) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 399.00 Td (T) Tj ET Q q 0 0 0 rg BT 57.61 399.00 Td (otal other comprehensive income \(loss\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 399.30 399.00 Td (13,571) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 467.30 399.00 Td (19,155) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 533.60 399.00 Td (\(14,918) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 558.30 399.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 386.00 Td (T) Tj ET Q q 0 0 0 rg BT 57.61 386.00 Td (otal comprehensive income \(loss\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 399.30 386.00 Td (12,633) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 460.60 386.00 Td (\(454,404) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 489.30 386.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 536.30 386.00 Td (70,685) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 59.00 373.00 Td (Less: Comprehensive income attributable to noncontrolling interest) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 403.30 373.00 Td (2,540) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 471.30 373.00 Td (4,613) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 540.30 373.00 Td (6,735) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 360.00 Td (Comprehensive income \(loss\) attributable to Fossil Group,Inc.) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 362.00 360.00 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 399.30 360.00 Td (10,093) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 431.00 360.00 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 460.60 360.00 Td (\(459,017) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 489.30 360.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 499.00 360.00 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 536.30 360.00 Td (63,950) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 347.00 Td (Earnings \(loss\) per share:) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 421.00 347.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 489.00 347.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 558.00 347.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 59.00 334.00 Td (Basic) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 362.00 334.00 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 404.60 334.00 Td (\(0.07) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 421.30 334.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 431.00 334.00 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 472.60 334.00 Td (\(9.87) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 489.30 334.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 499.00 334.00 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 544.30 334.00 Td (1.64) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 59.00 321.00 Td (Diluted) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 362.00 321.00 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 404.60 321.00 Td (\(0.07) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 421.30 321.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 431.00 321.00 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 472.60 321.00 Td (\(9.87) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 489.30 321.00 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 499.00 321.00 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 544.30 321.00 Td (1.63) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 308.00 Td (W) Tj ET Q q 0 0 0 rg BT 59.91 308.00 Td (eighted average common shares outstanding:) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 421.00 308.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 489.00 308.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 558.00 308.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 59.00 295.00 Td (Basic) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 399.30 295.00 Td (49,196) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 467.30 295.00 Td (48,468) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 536.30 295.00 Td (48,136) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 59.00 282.00 Td (Diluted) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 399.30 282.00 Td (49,196) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 467.30 282.00 Td (48,468) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 536.30 282.00 Td (48,323) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 205.60 257.25 Td (See notes to the consolidated financial statements.) Tj ET Q endstream endobj 101 0 obj <>] /Rotate 0 /Contents 102 0 R>> endobj 102 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (47) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 256.70 742.25 Td (FOSSIL) Tj ET Q q 0 0 0 rg BT 291.72 742.25 Td ( GROUP) Tj ET Q q 0 0 0 rg BT 329.41 742.25 Td (,INC.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 157.80 721.25 Td (CONSOLIDA) Tj ET Q q 0 0 0 rg BT 217.62 721.25 Td (TED ST) Tj ET Q q 0 0 0 rg BT 252.18 721.25 Td (A) Tj ET Q q 0 0 0 rg BT 258.65 721.25 Td (TEMENTS OF) Tj ET Q q 0 0 0 rg BT 323.57 721.25 Td ( ST) Tj ET Q q 0 0 0 rg BT 338.12 721.25 Td (OCKHOLDERS' EQUITY) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 241.35 700.25 Td (AMOUNTS IN ) Tj ET Q q 0 0 0 rg BT 308.40 700.25 Td (THOUSANDS) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 645.75 163.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 213.50 645.75 24.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 237.50 645.75 4.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 241.50 645.75 20.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 261.50 645.75 4.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.50 645.75 34.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 299.50 645.75 4.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 303.50 645.75 30.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 645.75 4.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.50 645.75 35.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 372.50 645.75 4.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 376.50 645.75 45.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 645.75 4.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.50 645.75 42.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 467.50 645.75 4.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 471.50 645.75 45.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 516.50 645.75 4.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 520.50 645.75 42.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 611.75 163.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 213.50 611.75 24.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 237.50 611.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 241.50 611.75 20.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 261.50 611.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.50 611.75 34.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 299.50 611.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 303.50 611.75 30.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 611.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.50 611.75 35.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 372.50 611.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 376.50 611.75 45.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 611.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.50 611.75 42.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 467.50 611.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 471.50 611.75 45.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 516.50 611.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 520.50 611.75 42.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 589.75 163.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 213.50 589.75 24.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 237.50 589.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 241.50 589.75 20.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 261.50 589.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.50 589.75 34.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 299.50 589.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 303.50 589.75 30.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 589.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.50 589.75 35.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 372.50 589.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 376.50 589.75 45.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 589.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.50 589.75 42.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 467.50 589.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 471.50 589.75 45.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 516.50 589.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 520.50 589.75 42.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 567.75 163.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 213.50 567.75 24.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 237.50 567.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 241.50 567.75 20.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 261.50 567.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.50 567.75 34.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 299.50 567.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 303.50 567.75 30.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 567.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.50 567.75 35.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 372.50 567.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 376.50 567.75 45.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 567.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.50 567.75 42.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 467.50 567.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 471.50 567.75 45.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 516.50 567.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 520.50 567.75 42.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 545.75 163.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 213.50 545.75 24.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 237.50 545.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 241.50 545.75 20.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 261.50 545.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.50 545.75 34.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 299.50 545.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 303.50 545.75 30.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 545.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.50 545.75 35.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 372.50 545.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 376.50 545.75 45.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 545.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.50 545.75 42.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 467.50 545.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 471.50 545.75 45.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 516.50 545.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 520.50 545.75 42.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 517.75 163.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 213.50 517.75 24.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 237.50 517.75 4.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 241.50 517.75 20.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 261.50 517.75 4.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.50 517.75 34.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 299.50 517.75 4.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 303.50 517.75 30.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 517.75 4.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.50 517.75 35.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 372.50 517.75 4.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 376.50 517.75 45.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 517.75 4.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.50 517.75 42.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 467.50 517.75 4.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 471.50 517.75 45.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 516.50 517.75 4.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 520.50 517.75 42.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 489.75 163.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 213.50 489.75 24.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 237.50 489.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 241.50 489.75 20.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 261.50 489.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.50 489.75 34.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 299.50 489.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 303.50 489.75 30.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 489.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.50 489.75 35.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 372.50 489.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 376.50 489.75 45.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 489.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.50 489.75 42.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 467.50 489.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 471.50 489.75 45.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 516.50 489.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 520.50 489.75 42.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 467.75 163.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 213.50 467.75 24.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 237.50 467.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 241.50 467.75 20.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 261.50 467.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.50 467.75 34.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 299.50 467.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 303.50 467.75 30.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 467.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.50 467.75 35.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 372.50 467.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 376.50 467.75 45.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 467.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.50 467.75 42.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 467.50 467.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 471.50 467.75 45.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 516.50 467.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 520.50 467.75 42.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 445.75 163.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 213.50 445.75 24.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 237.50 445.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 241.50 445.75 20.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 261.50 445.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.50 445.75 34.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 299.50 445.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 303.50 445.75 30.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 445.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.50 445.75 35.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 372.50 445.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 376.50 445.75 45.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 445.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.50 445.75 42.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 467.50 445.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 471.50 445.75 45.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 516.50 445.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 520.50 445.75 42.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 417.75 163.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 213.50 417.75 24.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 237.50 417.75 4.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 241.50 417.75 20.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 261.50 417.75 4.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.50 417.75 34.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 299.50 417.75 4.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 303.50 417.75 30.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 417.75 4.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.50 417.75 35.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 372.50 417.75 4.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 376.50 417.75 45.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 417.75 4.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.50 417.75 42.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 467.50 417.75 4.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 471.50 417.75 45.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 516.50 417.75 4.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 520.50 417.75 42.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 383.75 163.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 213.50 383.75 24.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 237.50 383.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 241.50 383.75 20.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 261.50 383.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.50 383.75 34.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 299.50 383.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 303.50 383.75 30.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 383.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.50 383.75 35.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 372.50 383.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 376.50 383.75 45.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 383.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.50 383.75 42.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 467.50 383.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 471.50 383.75 45.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 516.50 383.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 520.50 383.75 42.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 361.75 163.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 213.50 361.75 24.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 237.50 361.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 241.50 361.75 20.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 261.50 361.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.50 361.75 34.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 299.50 361.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 303.50 361.75 30.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 361.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.50 361.75 35.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 372.50 361.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 376.50 361.75 45.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 361.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.50 361.75 42.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 467.50 361.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 471.50 361.75 45.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 516.50 361.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 520.50 361.75 42.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 339.75 163.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 213.50 339.75 24.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 237.50 339.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 241.50 339.75 20.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 261.50 339.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.50 339.75 34.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 299.50 339.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 303.50 339.75 30.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 339.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.50 339.75 35.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 372.50 339.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 376.50 339.75 45.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 339.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.50 339.75 42.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 467.50 339.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 471.50 339.75 45.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 516.50 339.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 520.50 339.75 42.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 317.75 163.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 213.50 317.75 24.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 237.50 317.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 241.50 317.75 20.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 261.50 317.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.50 317.75 34.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 299.50 317.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 303.50 317.75 30.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 317.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.50 317.75 35.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 372.50 317.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 376.50 317.75 45.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 317.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.50 317.75 42.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 467.50 317.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 471.50 317.75 45.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 516.50 317.75 4.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 520.50 317.75 42.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 295.75 163.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 213.50 295.75 24.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 237.50 295.75 4.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 241.50 295.75 20.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 261.50 295.75 4.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.50 295.75 34.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 299.50 295.75 4.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 303.50 295.75 30.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 295.75 4.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.50 295.75 35.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 372.50 295.75 4.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 376.50 295.75 45.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 295.75 4.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.50 295.75 42.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 467.50 295.75 4.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 471.50 295.75 45.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 516.50 295.75 4.00 -17.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 520.50 295.75 42.00 -17.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 213.5 671.75 m 237.5 671.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 237.5 671.75 m 241.5 671.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241.5 671.75 m 261.5 671.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 213.5 645.75 m 237.5 645.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241.5 671.75 m 261.5 671.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241.5 645.75 m 261.5 645.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 645.75 m 299.5 645.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 303.5 645.75 m 333.5 645.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337.5 645.75 m 372.5 645.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 376.5 645.75 m 421.5 645.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 645.75 m 467.5 645.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 471.5 645.75 m 516.5 645.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520.5 645.75 m 562.5 645.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 213.5 534.75 m 237.5 534.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 213.5 518.75 m 237.5 518.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 213.5 516.75 m 237.5 516.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241.5 534.75 m 261.5 534.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241.5 518.75 m 261.5 518.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241.5 516.75 m 261.5 516.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 534.75 m 299.5 534.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 518.75 m 299.5 518.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 516.75 m 299.5 516.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 303.5 534.75 m 333.5 534.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 303.5 518.75 m 333.5 518.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 303.5 516.75 m 333.5 516.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337.5 534.75 m 372.5 534.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337.5 518.75 m 372.5 518.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337.5 516.75 m 372.5 516.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 376.5 534.75 m 421.5 534.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 376.5 518.75 m 421.5 518.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 376.5 516.75 m 421.5 516.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 534.75 m 467.5 534.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 518.75 m 467.5 518.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 516.75 m 467.5 516.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 471.5 534.75 m 516.5 534.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 471.5 518.75 m 516.5 518.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 471.5 516.75 m 516.5 516.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520.5 534.75 m 562.5 534.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520.5 518.75 m 562.5 518.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520.5 516.75 m 562.5 516.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 213.5 417.75 m 237.5 417.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241.5 417.75 m 261.5 417.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 417.75 m 299.5 417.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 303.5 417.75 m 333.5 417.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337.5 417.75 m 372.5 417.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 376.5 417.75 m 421.5 417.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 417.75 m 467.5 417.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 471.5 417.75 m 516.5 417.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520.5 417.75 m 562.5 417.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 213.5 417.75 m 237.5 417.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 213.5 401.75 m 237.5 401.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 213.5 399.75 m 237.5 399.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241.5 417.75 m 261.5 417.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241.5 401.75 m 261.5 401.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241.5 399.75 m 261.5 399.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 417.75 m 299.5 417.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 401.75 m 299.5 401.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 399.75 m 299.5 399.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 303.5 417.75 m 333.5 417.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 303.5 401.75 m 333.5 401.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 303.5 399.75 m 333.5 399.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337.5 417.75 m 372.5 417.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337.5 401.75 m 372.5 401.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337.5 399.75 m 372.5 399.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 376.5 417.75 m 421.5 417.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 376.5 401.75 m 421.5 401.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 376.5 399.75 m 421.5 399.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 417.75 m 467.5 417.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 401.75 m 467.5 401.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 399.75 m 467.5 399.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 471.5 417.75 m 516.5 417.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 471.5 401.75 m 516.5 401.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 471.5 399.75 m 516.5 399.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520.5 417.75 m 562.5 417.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520.5 401.75 m 562.5 401.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520.5 399.75 m 562.5 399.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 399.75 m 299.5 399.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 401.75 m 299.5 401.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 213.5 295.75 m 237.5 295.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241.5 295.75 m 261.5 295.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 295.75 m 299.5 295.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 303.5 295.75 m 333.5 295.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337.5 295.75 m 372.5 295.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 376.5 295.75 m 421.5 295.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 295.75 m 467.5 295.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 471.5 295.75 m 516.5 295.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520.5 295.75 m 562.5 295.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 213.5 279.75 m 237.5 279.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 213.5 277.75 m 237.5 277.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241.5 279.75 m 261.5 279.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241.5 277.75 m 261.5 277.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 279.75 m 299.5 279.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 277.75 m 299.5 277.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 303.5 279.75 m 333.5 279.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 303.5 277.75 m 333.5 277.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337.5 279.75 m 372.5 279.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337.5 277.75 m 372.5 277.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 376.5 279.75 m 421.5 279.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 376.5 277.75 m 421.5 277.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 279.75 m 467.5 279.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 277.75 m 467.5 277.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 471.5 279.75 m 516.5 279.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 471.5 277.75 m 516.5 277.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520.5 279.75 m 562.5 279.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520.5 277.75 m 562.5 277.75 l s BT /F2 6.00 Tf ET q 0 0 0 rg BT 53.00 649.59 Td () Tj ET Q BT /F2 6.00 Tf ET q 0 0 0 rg BT 217.75 674.19 Td (Common stock) Tj ET Q BT /F2 6.00 Tf ET q 0 0 0 rg BT 268.30 661.59 Td (Additional) Tj ET Q BT /F2 6.00 Tf ET q 0 0 0 rg BT 272.80 655.59 Td (paid-in) Tj ET Q BT /F2 6.00 Tf ET q 0 0 0 rg BT 273.30 649.59 Td (capital) Tj ET Q BT /F2 6.00 Tf ET q 0 0 0 rg BT 306.40 655.59 Td (T) Tj ET Q q 0 0 0 rg BT 309.96 655.59 Td (r) Tj ET Q q 0 0 0 rg BT 312.51 655.59 Td (easury) Tj ET Q BT /F2 6.00 Tf ET q 0 0 0 rg BT 311.30 649.59 Td (stock) Tj ET Q BT /F2 6.00 Tf ET q 0 0 0 rg BT 343.00 655.59 Td (Retained) Tj ET Q BT /F2 6.00 Tf ET q 0 0 0 rg BT 343.45 649.59 Td (earnings) Tj ET Q BT /F2 6.00 Tf ET q 0 0 0 rg BT 381.50 673.59 Td (Accumulated) Tj ET Q BT /F2 6.00 Tf ET q 0 0 0 rg BT 391.70 667.59 Td (other) Tj ET Q BT /F2 6.00 Tf ET q 0 0 0 rg BT 379.35 661.59 Td (compr) Tj ET Q q 0 0 0 rg BT 395.90 661.59 Td (ehensive) Tj ET Q BT /F2 6.00 Tf ET q 0 0 0 rg BT 389.30 655.59 Td (income) Tj ET Q BT /F2 6.00 Tf ET q 0 0 0 rg BT 391.80 649.59 Td (\(loss\)) Tj ET Q BT /F2 6.00 Tf ET q 0 0 0 rg BT 428.45 673.59 Td (Stockholders') Tj ET Q BT /F2 6.00 Tf ET q 0 0 0 rg BT 437.95 667.59 Td (equity) Tj ET Q BT /F2 6.00 Tf ET q 0 0 0 rg BT 430.65 661.59 Td (attributable) Tj ET Q BT /F2 6.00 Tf ET q 0 0 0 rg BT 435.40 655.59 Td (to Fossil) Tj ET Q BT /F2 6.00 Tf ET q 0 0 0 rg BT 431.10 649.59 Td (Gr) Tj ET Q q 0 0 0 rg BT 438.32 649.59 Td (oup,Inc.) Tj ET Q BT /F2 6.00 Tf ET q 0 0 0 rg BT 474.20 655.59 Td (Noncontr) Tj ET Q q 0 0 0 rg BT 498.48 655.59 Td (olling) Tj ET Q BT /F2 6.00 Tf ET q 0 0 0 rg BT 483.85 649.59 Td (inter) Tj ET Q q 0 0 0 rg BT 496.12 649.59 Td (est) Tj ET Q BT /F2 6.00 Tf ET q 0 0 0 rg BT 534.40 661.59 Td (T) Tj ET Q q 0 0 0 rg BT 538.13 661.59 Td (otal) Tj ET Q BT /F2 6.00 Tf ET q 0 0 0 rg BT 523.95 655.59 Td (stockholders') Tj ET Q BT /F2 6.00 Tf ET q 0 0 0 rg BT 532.95 649.59 Td (equity) Tj ET Q BT /F2 6.00 Tf ET q 0 0 0 rg BT 216.35 649.59 Td (Shar) Tj ET Q q 0 0 0 rg BT 228.58 649.59 Td (es) Tj ET Q BT /F2 6.00 Tf ET q 0 0 0 rg BT 246.35 655.59 Td (Par) Tj ET Q BT /F2 6.00 Tf ET q 0 0 0 rg BT 244.15 649.59 Td (value) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 53.00 632.59 Td (Balance, January 2, 2016) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 218.50 632.59 Td (48,125) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 244.00 632.59 Td ($) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 250.00 632.59 Td (481) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 268.00 632.59 Td ($) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 277.50 632.59 Td (187,456) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 306.00 632.59 Td ($) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 325.00 632.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 340.00 632.59 Td ($) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 350.50 632.59 Td (813,957) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 379.00 632.59 Td ($) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 400.50 632.59 Td (\(80,506) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 419.00 632.59 Td (\)) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 428.00 632.59 Td ($) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 445.50 632.59 Td (921,388) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 474.00 632.59 Td ($) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 497.50 632.59 Td (1) Tj ET Q q 0 0 0 rg BT 500.50 632.59 Td (1,155) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 523.00 632.59 Td ($) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 540.50 632.59 Td (932,543) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 53.00 621.59 Td (Common stock issued upon exercise of stock options and stock) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 53.00 615.59 Td (appreciation rights) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 226.00 615.59 Td (310) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 256.00 615.59 Td (3) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 291.00 615.59 Td (93) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 325.00 615.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 364.00 615.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 413.00 615.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 459.00 615.59 Td (96) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 508.00 615.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 554.00 615.59 Td (96) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 53.00 604.59 Td (T) Tj ET Q q 0 0 0 rg BT 56.46 604.59 Td (ax benefit derived from stock-based compensation) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 229.00 604.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 253.00 604.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 281.50 604.59 Td (\(2,995) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 297.00 604.59 Td (\)) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 325.00 604.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 364.00 604.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 413.00 604.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 449.50 604.59 Td (\(2,995) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 465.00 604.59 Td (\)) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 508.00 604.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 544.50 604.59 Td (\(2,995) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 560.00 604.59 Td (\)) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 53.00 593.59 Td (Acquisition of common stock) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 229.00 593.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 253.00 593.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 288.00 593.59 Td (247) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 315.50 593.59 Td (\(7,484) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 331.00 593.59 Td (\)) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 364.00 593.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 413.00 593.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 449.50 593.59 Td (\(7,237) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 465.00 593.59 Td (\)) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 508.00 593.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 544.50 593.59 Td (\(7,237) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 560.00 593.59 Td (\)) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 53.00 582.59 Td (Retirement of common stock) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 224.00 582.59 Td (\(166) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 235.00 582.59 Td (\)) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 254.00 582.59 Td (\(1) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 259.00 582.59 Td (\)) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 281.50 582.59 Td (\(2,483) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 297.00 582.59 Td (\)) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 317.50 582.59 Td (7,484) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 354.50 582.59 Td (\(5,000) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 370.00 582.59 Td (\)) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 413.00 582.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 459.00 582.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 508.00 582.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 554.00 582.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 53.00 571.59 Td (Stock-based compensation) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 229.00 571.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 253.00 571.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 280.50 571.59 Td (31,034) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 325.00 571.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 364.00 571.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 413.00 571.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 448.50 571.59 Td (31,034) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 508.00 571.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 543.50 571.59 Td (31,034) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 53.00 560.59 Td (Net income) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 229.00 560.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 253.00 560.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 291.00 560.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 325.00 560.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 353.50 560.59 Td (78,868) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 413.00 560.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 448.50 560.59 Td (78,868) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 500.50 560.59 Td (6,735) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 543.50 560.59 Td (85,603) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 53.00 549.59 Td (Other comprehensive income \(loss\)) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 229.00 549.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 253.00 549.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 291.00 549.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 325.00 549.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 364.00 549.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 400.50 549.59 Td (\(14,918) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 419.00 549.59 Td (\)) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 446.50 549.59 Td (\(14,918) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 465.00 549.59 Td (\)) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 508.00 549.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 541.50 549.59 Td (\(14,918) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 560.00 549.59 Td (\)) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 53.00 538.59 Td (Distribution of noncontrolling interest earnings and other) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 229.00 538.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 253.00 538.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 291.00 538.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 325.00 538.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 364.00 538.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 413.00 538.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 459.00 538.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 498.50 538.59 Td (\(8,688) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 514.00 538.59 Td (\)) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 544.50 538.59 Td (\(8,688) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 560.00 538.59 Td (\)) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 53.00 521.59 Td (Balance, December 31, 2016) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 218.50 521.59 Td (48,269) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 244.00 521.59 Td ($) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 250.00 521.59 Td (483) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 268.00 521.59 Td ($) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 277.50 521.59 Td (213,352) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 306.00 521.59 Td ($) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 325.00 521.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 340.00 521.59 Td ($) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 350.50 521.59 Td (887,825) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 379.00 521.59 Td ($) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 400.50 521.59 Td (\(95,424) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 419.00 521.59 Td (\)) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 428.00 521.59 Td ($) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 441.00 521.59 Td (1,006,236) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 474.00 521.59 Td ($) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 500.50 521.59 Td (9,202) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 523.00 521.59 Td ($) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 536.00 521.59 Td (1,015,438) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 53.00 510.59 Td (Common stock issued upon exercise of stock options and stock) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 53.00 504.59 Td (appreciation rights) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 226.00 504.59 Td (467) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 256.00 504.59 Td (4) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 292.00 504.59 Td (\(4) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 297.00 504.59 Td (\)) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 325.00 504.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 364.00 504.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 413.00 504.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 459.00 504.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 508.00 504.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 554.00 504.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 53.00 493.59 Td (Acquisition of common stock) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 229.00 493.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 253.00 493.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 288.00 493.59 Td (126) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 315.50 493.59 Td (\(1,344) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 331.00 493.59 Td (\)) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 364.00 493.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 413.00 493.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 449.50 493.59 Td (\(1,218) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 465.00 493.59 Td (\)) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 508.00 493.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 544.50 493.59 Td (\(1,218) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 560.00 493.59 Td (\)) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 53.00 482.59 Td (Retirement of common stock) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 227.00 482.59 Td (\(93) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 235.00 482.59 Td (\)) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 254.00 482.59 Td (\(1) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 259.00 482.59 Td (\)) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 281.50 482.59 Td (\(1,343) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 297.00 482.59 Td (\)) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 317.50 482.59 Td (1,344) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 364.00 482.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 413.00 482.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 459.00 482.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 508.00 482.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 554.00 482.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 53.00 471.59 Td (Stock-based compensation) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 229.00 471.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 253.00 471.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 280.50 471.59 Td (31,604) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 325.00 471.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 364.00 471.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 413.00 471.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 448.50 471.59 Td (31,604) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 508.00 471.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 543.50 471.59 Td (31,604) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 53.00 460.59 Td (Net income \(loss\)) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 229.00 460.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 253.00 460.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 291.00 460.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 325.00 460.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 348.50 460.59 Td (\(478,172) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 370.00 460.59 Td (\)) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 413.00 460.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 443.50 460.59 Td (\(478,172) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 465.00 460.59 Td (\)) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 500.50 460.59 Td (4,613) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 538.50 460.59 Td (\(473,559) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 560.00 460.59 Td (\)) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 53.00 449.59 Td (Other comprehensive income \(loss\)) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 229.00 449.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 253.00 449.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 291.00 449.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 325.00 449.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 364.00 449.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 402.50 449.59 Td (19,155) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 448.50 449.59 Td (19,155) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 508.00 449.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 543.50 449.59 Td (19,155) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 53.00 438.59 Td (Distribution of noncontrolling interest earnings and other) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 229.00 438.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 253.00 438.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 291.00 438.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 325.00 438.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 364.00 438.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 413.00 438.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 459.00 438.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 498.50 438.59 Td (\(4,022) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 514.00 438.59 Td (\)) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 544.50 438.59 Td (\(4,022) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 560.00 438.59 Td (\)) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 53.00 421.59 Td (Purchase of noncontrolling interest shares) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 229.00 421.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 253.00 421.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 281.50 421.59 Td (\(1,472) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 297.00 421.59 Td (\)) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 325.00 421.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 364.00 421.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 413.00 421.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 449.50 421.59 Td (\(1,472) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 465.00 421.59 Td (\)) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 498.50 421.59 Td (\(4,979) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 514.00 421.59 Td (\)) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 544.50 421.59 Td (\(6,451) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 560.00 421.59 Td (\)) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 53.00 404.59 Td (Balance, December 30, 2017) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 218.50 404.59 Td (48,643) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 244.00 404.59 Td ($) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 250.00 404.59 Td (486) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 268.00 404.59 Td ($) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 277.50 404.59 Td (242,263) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 306.00 404.59 Td ($) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 325.00 404.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 340.00 404.59 Td ($) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 350.50 404.59 Td (409,653) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 379.00 404.59 Td ($) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 400.50 404.59 Td (\(76,269) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 419.00 404.59 Td (\)) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 428.00 404.59 Td ($) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 445.50 404.59 Td (576,133) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 474.00 404.59 Td ($) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 500.50 404.59 Td (4,814) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 523.00 404.59 Td ($) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 540.50 404.59 Td (580,947) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 53.00 393.59 Td (Common stock issued upon exercise of stock options, stock) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 53.00 387.59 Td (appreciation rights and restricted stock units) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 221.50 387.59 Td (1,055) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 253.00 387.59 Td (1) Tj ET Q q 0 0 0 rg BT 256.00 387.59 Td (1) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 288.00 387.59 Td (287) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 325.00 387.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 364.00 387.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 413.00 387.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 456.00 387.59 Td (298) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 508.00 387.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 551.00 387.59 Td (298) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 53.00 376.59 Td (Acquisition of common stock) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 229.00 376.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 253.00 376.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 291.00 376.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 315.50 376.59 Td (\(2,856) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 331.00 376.59 Td (\)) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 364.00 376.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 413.00 376.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 449.50 376.59 Td (\(2,856) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 465.00 376.59 Td (\)) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 508.00 376.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 544.50 376.59 Td (\(2,856) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 560.00 376.59 Td (\)) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 53.00 365.59 Td (Retirement of common stock) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 224.00 365.59 Td (\(180) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 235.00 365.59 Td (\)) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 254.00 365.59 Td (\(2) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 259.00 365.59 Td (\)) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 281.50 365.59 Td (\(2,854) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 297.00 365.59 Td (\)) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 317.50 365.59 Td (2,856) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 364.00 365.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 413.00 365.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 459.00 365.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 508.00 365.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 554.00 365.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 53.00 354.59 Td (Stock-based compensation) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 229.00 354.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 253.00 354.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 280.50 354.59 Td (28,376) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 325.00 354.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 364.00 354.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 413.00 354.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 448.50 354.59 Td (28,376) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 508.00 354.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 543.50 354.59 Td (28,376) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 53.00 343.59 Td (Net income \(loss\)) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 229.00 343.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 253.00 343.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 291.00 343.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 325.00 343.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 354.50 343.59 Td (\(3,478) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 370.00 343.59 Td (\)) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 413.00 343.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 449.50 343.59 Td (\(3,478) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 465.00 343.59 Td (\)) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 500.50 343.59 Td (2,540) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 549.00 343.59 Td (\(938) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 560.00 343.59 Td (\)) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 53.00 332.59 Td (Other comprehensive income \(loss\)) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 229.00 332.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 253.00 332.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 291.00 332.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 325.00 332.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 364.00 332.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 402.50 332.59 Td (13,571) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 448.50 332.59 Td (13,571) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 508.00 332.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 543.50 332.59 Td (13,571) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 53.00 321.59 Td (Distribution of noncontrolling interest earnings and other) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 229.00 321.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 253.00 321.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 291.00 321.59 Td (41) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 325.00 321.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 364.00 321.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 413.00 321.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 459.00 321.59 Td (41) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 498.50 321.59 Td (\(4,266) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 514.00 321.59 Td (\)) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 544.50 321.59 Td (\(4,225) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 560.00 321.59 Td (\)) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 53.00 310.59 Td (Adoption of ) Tj ET Q q 0 0 0 rg BT 83.50 310.59 Td (Accounting Standards Update \("ASU"\) 2014-09) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 229.00 310.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 253.00 310.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 291.00 310.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 325.00 310.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 351.50 310.59 Td (\(26,542) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 370.00 310.59 Td (\)) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 413.00 310.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 446.50 310.59 Td (\(26,542) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 465.00 310.59 Td (\)) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 508.00 310.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 541.50 310.59 Td (\(26,542) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 560.00 310.59 Td (\)) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 53.00 299.59 Td (Adoption of ) Tj ET Q q 0 0 0 rg BT 83.50 299.59 Td (ASU 2018-02) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 229.00 299.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 253.00 299.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 291.00 299.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 325.00 299.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 356.50 299.59 Td (1,993) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 403.50 299.59 Td (\(1,993) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 419.00 299.59 Td (\)) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 459.00 299.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 508.00 299.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 554.00 299.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 53.00 282.59 Td (Balance, December 29, 2018) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 218.50 282.59 Td (49,518) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 244.00 282.59 Td ($) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 250.00 282.59 Td (495) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 268.00 282.59 Td ($) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 277.50 282.59 Td (268,1) Tj ET Q q 0 0 0 rg BT 291.00 282.59 Td (13) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 306.00 282.59 Td ($) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 325.00 282.59 Td () Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 340.00 282.59 Td ($) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 350.50 282.59 Td (381,626) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 379.00 282.59 Td ($) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 400.50 282.59 Td (\(64,691) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 419.00 282.59 Td (\)) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 428.00 282.59 Td ($) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 445.50 282.59 Td (585,543) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 474.00 282.59 Td ($) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 500.50 282.59 Td (3,088) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 523.00 282.59 Td ($) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 540.50 282.59 Td (588,631) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 212.95 236.65 Td (See notes to consolidated financial statements.) Tj ET Q endstream endobj 103 0 obj <>] /Rotate 0 /Contents 104 0 R>> endobj 104 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (48) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 256.70 742.25 Td (FOSSIL) Tj ET Q q 0 0 0 rg BT 291.72 742.25 Td ( GROUP) Tj ET Q q 0 0 0 rg BT 329.41 742.25 Td (,INC.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 188.65 721.25 Td (CONSOLIDA) Tj ET Q q 0 0 0 rg BT 248.47 721.25 Td (TED ST) Tj ET Q q 0 0 0 rg BT 283.02 721.25 Td (A) Tj ET Q q 0 0 0 rg BT 289.50 721.25 Td (TEMENTS OF) Tj ET Q q 0 0 0 rg BT 354.42 721.25 Td ( CASH FLOWS) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 241.35 700.25 Td (AMOUNTS IN ) Tj ET Q q 0 0 0 rg BT 308.40 700.25 Td (THOUSANDS) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 677.75 308.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.00 677.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.00 677.75 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.00 677.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 677.75 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 677.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 653.75 308.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.00 653.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.00 653.75 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.00 653.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 653.75 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 653.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 629.75 308.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.00 629.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.00 629.75 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.00 629.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 629.75 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 629.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 605.75 308.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.00 605.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.00 605.75 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.00 605.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 605.75 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 605.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 581.75 308.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.00 581.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.00 581.75 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.00 581.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 581.75 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 581.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 557.75 308.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.00 557.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.00 557.75 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.00 557.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 557.75 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 557.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 533.75 308.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.00 533.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.00 533.75 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.00 533.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 533.75 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 533.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 509.75 308.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.00 509.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.00 509.75 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.00 509.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 509.75 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 509.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 485.75 308.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.00 485.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.00 485.75 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.00 485.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 485.75 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 485.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 461.75 308.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.00 461.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.00 461.75 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.00 461.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 461.75 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 461.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 437.75 308.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.00 437.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.00 437.75 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.00 437.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 437.75 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 437.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 413.75 308.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.00 413.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.00 413.75 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.00 413.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 413.75 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 413.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 389.75 308.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.00 389.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.00 389.75 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.00 389.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 389.75 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 389.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 365.75 308.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.00 365.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.00 365.75 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.00 365.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 365.75 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 365.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 341.75 308.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.00 341.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.00 341.75 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.00 341.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 341.75 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 341.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 317.75 308.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.00 317.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.00 317.75 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.00 317.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 317.75 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 317.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 293.75 308.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.00 293.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.00 293.75 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.00 293.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 293.75 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 293.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 269.75 308.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.00 269.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.00 269.75 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.00 269.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 269.75 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 269.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 245.75 308.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.00 245.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.00 245.75 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.00 245.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 245.75 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 245.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 221.75 308.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.00 221.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.00 221.75 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.00 221.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 221.75 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 221.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 197.75 308.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.00 197.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.00 197.75 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.00 197.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 197.75 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 197.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 173.75 308.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.00 173.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.00 173.75 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.00 173.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 173.75 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 173.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 149.75 308.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.00 149.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.00 149.75 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.00 149.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 149.75 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 149.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 125.75 308.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.00 125.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.00 125.75 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.00 125.75 65.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 125.75 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 125.75 65.00 -12.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358 677.75 m 423 677.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427 677.75 m 492 677.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496 677.75 m 561 677.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427 389.75 m 492 389.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492 389.75 m 496 389.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496 389.75 m 561 389.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358 389.75 m 423 389.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358 377.75 m 423 377.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427 389.75 m 492 389.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427 377.75 m 492 377.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496 389.75 m 561 389.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496 377.75 m 561 377.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358 293.75 m 423 293.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427 293.75 m 492 293.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496 293.75 m 561 293.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358 185.75 m 423 185.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427 185.75 m 492 185.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496 185.75 m 561 185.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358 161.75 m 423 161.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427 161.75 m 492 161.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496 161.75 m 561 161.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358 125.75 m 423 125.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358 114.75 m 423 114.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358 112.75 m 423 112.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427 125.75 m 492 125.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427 114.75 m 492 114.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427 112.75 m 492 112.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496 125.75 m 561 125.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496 114.75 m 561 114.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496 112.75 m 561 112.75 l s BT /F2 8.00 Tf ET 0 0 0 RG /GS0 gs 0.76 w 0 i [] 0 d 1 J 1 j 3 M 52.5 680.580078125 m 90.119140625 680.580078125 l s q 0 0 0 rg BT 52.50 681.83 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 74.20 681.83 Td (Y) Tj ET Q q 0 0 0 rg BT 79.09 681.83 Td (ear) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 382.00 681.83 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 451.00 681.83 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 520.00 681.83 Td (2016) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 669.70 Td (Operating ) Tj ET Q q 0 0 0 rg BT 86.27 669.70 Td (Activities:) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 419.50 669.70 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 488.50 669.70 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 557.50 669.70 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 657.70 Td (Net income \(loss\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 360.50 657.70 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 405.10 657.70 Td (\(938) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 419.80 657.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 429.50 657.70 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 460.10 657.70 Td (\(473,559) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 488.80 657.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 498.50 657.70 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 535.80 657.70 Td (85,603) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 645.70 Td (Adjustments to reconcile net income \(loss\) to net cash provided by operating activities:) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 419.50 645.70 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 488.50 645.70 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 557.50 645.70 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 64.50 633.70 Td (Depreciation, amortization and accretion) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 397.80 633.70 Td (67,584) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 466.80 633.70 Td (80,973) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 535.80 633.70 Td (94,592) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 64.50 621.70 Td (Stock-based compensation) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 397.80 621.70 Td (23,044) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 466.80 621.70 Td (30,400) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 535.80 621.70 Td (31,034) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 64.50 609.70 Td (Decrease in allowance for returns and markdowns) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 395.10 609.70 Td (\(13,987) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 419.80 609.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 474.10 609.70 Td (\(336) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 488.80 609.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 537.10 609.70 Td (\(3,600) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 557.80 609.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 64.50 597.70 Td (Loss \(gain\) on disposal of assets) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 407.80 597.70 Td (656) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 470.80 597.70 Td (2,510) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 537.10 597.70 Td (\(9,851) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 557.80 597.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 64.50 585.70 Td (Fixed asset and other long-lived asset impairment losses) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 401.80 585.70 Td (2,039) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 470.80 585.70 Td (3,213) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 539.80 585.70 Td (2,828) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 64.50 573.70 Td (Goodwill and trade name impairment losses) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 401.80 573.70 Td (6,212) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 462.80 573.70 Td (407,128) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 549.80 573.70 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 64.50 561.70 Td (Non-cash restructuring char) Tj ET Q q 0 0 0 rg BT 153.72 561.70 Td (ges) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 401.80 561.70 Td (6,252) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 466.80 561.70 Td (10,684) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 535.80 561.70 Td (15,745) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 64.50 549.70 Td (Equity method investment losses) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 407.80 549.70 Td (558) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 476.80 549.70 Td (460) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 539.80 549.70 Td (1,321) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 64.50 537.70 Td (Increase \(decrease\) in allowance for doubtful accounts) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 401.80 537.70 Td (8,921) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 470.80 537.70 Td (7,140) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 537.10 537.70 Td (\(2,819) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 557.80 537.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 64.50 525.70 Td (Loss on extinguishment of debt) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 407.80 525.70 Td (718) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 470.80 525.70 Td (1,029) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 549.80 525.70 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 64.50 513.70 Td (Debt issuance costs amortization) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 401.80 513.70 Td (3,714) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 470.80 513.70 Td (3,724) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 539.80 513.70 Td (1,843) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 64.50 501.70 Td (Deferred income taxes and other) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 401.80 501.70 Td (6,435) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 464.10 501.70 Td (\(47,215) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 488.80 501.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 533.10 501.70 Td (\(20,409) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 557.80 501.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 64.50 489.70 Td (Gain on business divestiture) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 411.80 489.70 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 468.10 489.70 Td (\(1,750) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 488.80 489.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 537.10 489.70 Td (\(3,500) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 557.80 489.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 64.50 477.70 Td (Contingent consideration remeasurement) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 399.10 477.70 Td (\(3,381) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 419.80 477.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 480.80 477.70 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 549.80 477.70 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 465.70 Td (Changes in operating assets and liabilities, net of ef) Tj ET Q q 0 0 0 rg BT 217.05 465.70 Td (fect of acquisitions:) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 419.50 465.70 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 488.50 465.70 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 557.50 465.70 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 64.50 453.70 Td (Accounts receivable) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 397.80 453.70 Td (68,308) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 466.80 453.70 Td (14,367) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 533.10 453.70 Td (\(12,900) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 557.80 453.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 64.50 441.70 Td (Inventories) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 393.80 441.70 Td (153,445) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 470.80 441.70 Td (6,829) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 535.80 441.70 Td (64,827) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 64.50 429.70 Td (Prepaid expenses and other current assets) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 395.10 429.70 Td (\(15,356) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 419.80 429.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 466.80 429.70 Td (13,509) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 535.80 429.70 Td (26,098) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 64.50 417.70 Td (Accounts payable) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 395.10 417.70 Td (\(38,365) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 419.80 417.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 466.80 417.70 Td (34,864) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 533.10 417.70 Td (\(43,020) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 557.80 417.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 64.50 405.70 Td (Accrued expenses) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 395.10 405.70 Td (\(13,477) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 419.80 405.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 466.80 405.70 Td (52,761) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 533.10 405.70 Td (\(20,1) Tj ET Q q 0 0 0 rg BT 549.76 405.70 Td (16) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 557.80 405.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 64.50 393.70 Td (Income taxes) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 395.10 393.70 Td (\(14,243) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 419.80 393.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 466.80 393.70 Td (32,81) Tj ET Q q 0 0 0 rg BT 484.80 393.70 Td (1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 539.80 393.70 Td (2,451) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 76.50 381.70 Td (Net cash provided by operating activities) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 393.80 381.70 Td (248,139) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 462.80 381.70 Td (179,542) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 531.80 381.70 Td (210,127) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 369.70 Td (Investing ) Tj ET Q q 0 0 0 rg BT 84.05 369.70 Td (Activities:) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 419.50 369.70 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 488.50 369.70 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 557.50 369.70 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 58.50 357.70 Td (Additions to property) Tj ET Q q 0 0 0 rg BT 127.12 357.70 Td (, plant and equipment) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 395.10 357.70 Td (\(17,961) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 419.80 357.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 464.10 357.70 Td (\(25,520) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 488.80 357.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 533.10 357.70 Td (\(65,674) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 557.80 357.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 58.50 345.70 Td (Decrease \(increase\) in intangible and other assets) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 401.80 345.70 Td (1,626) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 468.10 345.70 Td (\(1,639) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 488.80 345.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 545.80 345.70 Td (766) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 58.50 333.70 Td (Proceeds from the sale of property) Tj ET Q q 0 0 0 rg BT 168.65 333.70 Td (, plant, equipment and other) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 407.80 333.70 Td (717) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 476.80 333.70 Td (548) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 535.80 333.70 Td (44,908) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 58.50 321.70 Td (Misfit escrow receipts) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 411.80 321.70 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 480.80 321.70 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 539.80 321.70 Td (3,341) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 58.50 309.70 Td (Net investment hedge settlement) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 411.80 309.70 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 480.80 309.70 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 545.80 309.70 Td (752) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 58.50 297.70 Td (Business divestiture) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 411.80 297.70 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 470.80 297.70 Td (1,750) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 539.80 297.70 Td (3,500) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 76.50 285.70 Td (Net cash used in investing activities) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 395.10 285.70 Td (\(15,618) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 419.80 285.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 464.10 285.70 Td (\(24,861) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 488.80 285.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 533.10 285.70 Td (\(12,407) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 557.80 285.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 273.70 Td (Financing ) Tj ET Q q 0 0 0 rg BT 86.05 273.70 Td (Activities:) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 419.50 273.70 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 488.50 273.70 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 557.50 273.70 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 58.50 261.70 Td (Acquisition of common stock) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 399.10 261.70 Td (\(2,856) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 419.80 261.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 468.10 261.70 Td (\(1,218) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 488.80 261.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 537.10 261.70 Td (\(7,237) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 557.80 261.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 58.50 249.70 Td (Distribution of noncontrolling interest earnings and other) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 399.10 249.70 Td (\(4,224) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 419.80 249.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 468.10 249.70 Td (\(4,022) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 488.80 249.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 537.10 249.70 Td (\(8,688) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 557.80 249.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 58.50 237.70 Td (Debt borrowings) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 393.80 237.70 Td (81) Tj ET Q q 0 0 0 rg BT 401.80 237.70 Td (1,007) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 456.80 237.70 Td (2,128,181) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 525.80 237.70 Td (1,035,838) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 58.50 225.70 Td (Debt payments) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 391.10 225.70 Td (\(857,474) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 419.80 225.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 454.10 225.70 Td (\(2,318,246) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 488.80 225.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 523.10 225.70 Td (\(1,207,205) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 557.80 225.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 58.50 213.70 Td (Payment for shares of Fossil, S.L.) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 411.80 213.70 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 480.80 213.70 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 537.10 213.70 Td (\(8,657) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 557.80 213.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 58.50 201.70 Td (Payment for shares of Fossil ) Tj ET Q q 0 0 0 rg BT 151.38 201.70 Td (Accessories South ) Tj ET Q q 0 0 0 rg BT 211.82 201.70 Td (Africa Pty) Tj ET Q q 0 0 0 rg BT 244.44 201.70 Td (. Ltd.) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 399.10 201.70 Td (\(1,947) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 419.80 201.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 480.80 201.70 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 549.80 201.70 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 58.50 189.70 Td (Other financing activities) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 399.10 189.70 Td (\(7,163) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 419.80 189.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 468.10 189.70 Td (\(6,405) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 488.80 189.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 537.10 189.70 Td (\(2,545) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 557.80 189.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 76.50 177.70 Td (Net cash used in financing activities) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 395.10 177.70 Td (\(62,657) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 419.80 177.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 460.10 177.70 Td (\(201,710) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 488.80 177.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 529.10 177.70 Td (\(198,494) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 557.80 177.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 58.50 165.70 Td (Ef) Tj ET Q q 0 0 0 rg BT 65.98 165.70 Td (fect of exchange rate changes on cash and cash equivalents, and restricted cash) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 401.80 165.70 Td (9,364) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 464.10 165.70 Td (\(19,178) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 488.80 165.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 539.80 165.70 Td (8,817) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 58.50 153.70 Td (Net increase \(decrease\) in cash and cash equivalents, and restricted cash) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 393.80 153.70 Td (179,228) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 464.10 153.70 Td (\(66,207) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 488.80 153.70 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 539.80 153.70 Td (8,043) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 58.50 141.70 Td (Cash and cash equivalents, and restricted cash:) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 419.50 141.70 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 488.50 141.70 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 557.50 141.70 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 58.50 129.70 Td (Beginning of year) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 393.80 129.70 Td (231,655) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 462.80 129.70 Td (297,862) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 531.80 129.70 Td (289,819) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 58.50 117.70 Td (End of year) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 360.50 117.70 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 393.80 117.70 Td (410,883) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 429.50 117.70 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 462.80 117.70 Td (231,655) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 498.50 117.70 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 531.80 117.70 Td (297,862) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 205.60 93.25 Td (See notes to the consolidated financial statements.) Tj ET Q endstream endobj 105 0 obj <>] /Rotate 0 /Contents 106 0 R>> endobj 106 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (49) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 256.70 742.25 Td (FOSSIL) Tj ET Q q 0 0 0 rg BT 291.72 742.25 Td ( GROUP) Tj ET Q q 0 0 0 rg BT 329.41 742.25 Td (,INC.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 175.30 721.25 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 211.52 721.25 Td (T) Tj ET Q q 0 0 0 rg BT 218.01 721.25 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 288.11 721.25 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 367.29 721.25 Td ( ST) Tj ET Q q 0 0 0 rg BT 381.28 721.25 Td (A) Tj ET Q q 0 0 0 rg BT 387.76 721.25 Td (TEMENTS) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 700.25 Td (1. Significant ) Tj ET Q q 0 0 0 rg BT 107.57 700.25 Td (Accounting Policies) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 679.25 Td (Consolidated Financial Statements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 220.34 679.25 Td ( include the accounts of Fossil Group,Inc., a Delaware corporation, and its ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 667.25 Td (subsidiaries \(the "Company"\). ) Tj ET Q q 0 0 0 rg BT 172.46 667.25 Td (The Company is a leader in the design, development, marketing and distribution of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 655.25 Td (contemporary) Tj ET Q q 0 0 0 rg BT 104.38 655.25 Td (, high quality fashion accessories on a global basis. ) Tj ET Q q 0 0 0 rg BT 311.10 655.25 Td (The Company's products are sold primarily through ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 643.25 Td (department stores, specialty retailers, Company-owned retail stores and commercial websites worldwide. ) Tj ET Q q 0 0 0 rg BT 471.97 643.25 Td (The Company reports ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 631.25 Td (on a fiscal year reflecting the retail-based calendar \(containing 4-4-5week calendar quarters\). References to fiscal years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.48 631.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 551.48 631.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 619.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 619.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.94 619.25 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.94 619.25 Td ( are for the fiscal years ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 229.15 619.25 Td (December29, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.74 619.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.74 619.25 Td (December30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.32 619.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.76 619.25 Td (December31, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.34 619.25 Td (, respectively) Tj ET Q q 0 0 0 rg BT 542.00 619.25 Td (. ) Tj ET Q q 0 0 0 rg BT 546.45 619.25 Td (All ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 607.25 Td (intercompany balances and transactions are eliminated in consolidation. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 586.25 Td (Ef) Tj ET Q q 0 0 0 rg BT 81.26 586.25 Td (fective for the fourth quarter of fiscal year 2018, the Company made changes to the presentation of reportable segments ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 574.25 Td (to reflect changes in the way its chief operating decision maker evaluates the performance of its operations, develops strategy) Tj ET Q q 0 0 0 rg BT 550.61 574.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 562.25 Td (and allocates capital resources. Certain peripheral revenue generating activities related to the Company's factories and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 550.25 Td (intellectual property previously recorded within the Company's ) Tj ET Q q 0 0 0 rg BT 304.29 550.25 Td (Americas, ) Tj ET Q q 0 0 0 rg BT 347.06 550.25 Td (Asia and Europe segments have been reclassified to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 538.25 Td (Corporate. ) Tj ET Q q 0 0 0 rg BT 94.30 538.25 Td (The Company's historical segment disclosures have been recast to be consistent with its current presentation. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 517.25 Td (Use of Estimates) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.54 517.25 Td ( is required in the preparation of the consolidated financial statements in conformity with accounting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 505.25 Td (principles generally accepted in the United States of ) Tj ET Q q 0 0 0 rg BT 259.98 505.25 Td (America. Management makes estimates and assumptions that af) Tj ET Q q 0 0 0 rg BT 515.84 505.25 Td (fect the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 493.25 Td (reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the consolidated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 481.25 Td (financial statements and the reported amounts of revenues and expenses during the reporting period. On an ongoing basis, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 469.25 Td (management evaluates its estimates and judgments, including those related to product returns, inventories, long-lived assets and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 457.25 Td (trade names, income taxes, warranty costs, hedge accounting and stock-based compensation. Management bases its estimates ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 445.25 Td (and judgments on historical experience and on various other factors that it believes are reasonable under the circumstances. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 433.25 Td (Management estimates form the basis for making judgments about the carrying value of the assets and liabilities that are not ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 421.25 Td (readily apparent from other sources. ) Tj ET Q q 0 0 0 rg BT 196.11 421.25 Td (Actual results could dif) Tj ET Q q 0 0 0 rg BT 289.52 421.25 Td (fer from those estimates under dif) Tj ET Q q 0 0 0 rg BT 424.57 421.25 Td (ferent assumptions or conditions.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 397.25 Td (Concentration of Risk) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 166.44 397.25 Td ( involves financial instruments that potentially expose the Company to concentration of credit risk ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 385.25 Td (and consist primarily of cash investments and accounts receivable. ) Tj ET Q q 0 0 0 rg BT 318.12 385.25 Td (The Company places its cash investments with high-credit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 373.25 Td (quality financial institutions and currently invests primarily in corporate debt securities and money market funds with major ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 361.25 Td (banks and financial institutions. ) Tj ET Q q 0 0 0 rg BT 178.65 361.25 Td (Accounts receivable are generally diversified due to the number of entities comprising the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 349.25 Td (Company's customer base and their dispersion across many geographic regions. ) Tj ET Q q 0 0 0 rg BT 370.76 349.25 Td (The Company believes no significant ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 337.25 Td (concentration of credit risk exists with respect to these cash investments and accounts receivable.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 316.25 Td (A) Tj ET Q q 0 0 0 rg BT 78.67 316.25 Td ( significant portion of sales of the Company's products are supplied by manufacturers located outside of the U.S., ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 304.25 Td (primarily in ) Tj ET Q q 0 0 0 rg BT 98.94 304.25 Td (Asia. ) Tj ET Q q 0 0 0 rg BT 122.09 304.25 Td (While the Company is not dependent on any single manufacturer outside the U.S., the Company could be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 292.25 Td (adversely af) Tj ET Q q 0 0 0 rg BT 97.90 292.25 Td (fected by political or economic disruptions af) Tj ET Q q 0 0 0 rg BT 279.33 292.25 Td (fecting the business or operations of third-party manufacturers located ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 280.25 Td (outside of the U.S. In fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 181.41 280.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 201.41 280.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 206.41 280.25 Td (49%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 224.74 280.25 Td ( of the Company's global watch production was assembled or procured through ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 268.25 Td (wholly or majority-owned factories.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 247.25 Td (The Company has entered into multi-year) Tj ET Q q 0 0 0 rg BT 238.49 247.25 Td (, worldwide exclusive license agreements for the manufacture, distribution and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 235.25 Td (sale of products bearing the brand names of certain globally recognized fashion companies. Sales of the Company's licensed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 223.25 Td (products amounted to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.65 223.25 Td (46.6%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 164.48 223.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.48 223.25 Td (47.0%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 195.31 223.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 214.75 223.25 Td (47.6%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 240.58 223.25 Td ( of the consolidated net sales for fiscal years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.24 223.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.24 223.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.24 223.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.24 223.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.68 223.25 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.68 223.25 Td (, respectively) Tj ET Q q 0 0 0 rg BT 557.34 223.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 211.25 Td (of which MICHAEL) Tj ET Q q 0 0 0 rg BT 132.45 211.25 Td ( KORS) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 161.62 215.78 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 166.56 211.25 Td ( product sales accounted for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.24 211.25 Td (22.6%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.07 211.25 Td ( of the consolidated net sales for both fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.11 211.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.11 211.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 199.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 199.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.94 199.25 Td (22.7%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 114.77 199.25 Td ( for fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.29 199.25 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 195.29 199.25 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 178.25 Td (Cash Equivalents) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 146.75 178.25 Td ( are considered all highly liquid investments with original maturities of three months or less.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 157.25 Td (Restricted Cash) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 140.04 157.25 Td ( was comprised of long-term restricted cash balances of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.24 157.25 Td ($7.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.13 157.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.57 157.25 Td ($0.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.46 157.25 Td ( as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 145.25 Td (December29, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.08 145.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 147.52 145.25 Td (December30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 226.11 145.25 Td (, respectively) Tj ET Q q 0 0 0 rg BT 278.77 145.25 Td (, primarily for pledged collateral to secure bank guarantees for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 133.25 Td (purpose of obtaining retail space. ) Tj ET Q q 0 0 0 rg BT 184.83 133.25 Td (This restricted cash is reported in intangible and other assetsnet in the Company) Tj ET Q q 0 0 0 rg BT 517.53 133.25 Td (s ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 121.25 Td (consolidated balance sheets as a component of long-term assets.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 100.25 Td (Accounts Receivable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 160.04 100.25 Td ( at the end of fiscal years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.49 100.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.49 100.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.93 100.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.93 100.25 Td ( are stated net of doubtful accounts of approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.47 100.25 Td ($14.0 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 88.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.39 88.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 97.83 88.25 Td ($12.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 151.72 88.25 Td (, respectively) Tj ET Q q 0 0 0 rg BT 204.38 88.25 Td (. ) Tj ET Q endstream endobj 107 0 obj <>] /Rotate 0 /Contents 108 0 R>> endobj 108 0 obj <> stream BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.39 w 0 i [] 0 d 1 J 1 j 3 M 50 772.93359375 m 106.76171875 772.93359375 l s q 0 0 1 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 1 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET q 0 0 0 rg BT 256.70 754.00 Td (FOSSIL) Tj ET Q q 0 0 0 rg BT 291.72 754.00 Td ( GROUP) Tj ET Q q 0 0 0 rg BT 329.41 754.00 Td (,INC.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 148.20 734.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 184.42 734.00 Td (T) Tj ET Q q 0 0 0 rg BT 190.91 734.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 261.01 734.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 340.19 734.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 354.18 734.00 Td (A) Tj ET Q q 0 0 0 rg BT 360.66 734.00 Td (TEMENTS \(Continued\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (50) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 690.75 Td (Inventories) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 120.33 690.75 Td ( are stated at the lower of cost and net realizable value, including any applicable duty and freight char) Tj ET Q q 0 0 0 rg BT 526.37 690.75 Td (ges. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 678.75 Td (Inventory held at consignment locations is included in the Company's finished goods inventory) Tj ET Q q 0 0 0 rg BT 429.48 678.75 Td (, and at the end of fiscal years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 666.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 666.75 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.94 666.75 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.94 666.75 Td (, was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 131.99 666.75 Td ($43.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 185.88 666.75 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 205.32 666.75 Td ($54.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 259.21 666.75 Td (, respectively) Tj ET Q q 0 0 0 rg BT 311.87 666.75 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 645.75 Td (Investments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 123.67 645.75 Td ( in which the Company has significant influence over the investee are accounted for utilizing the equity ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 633.75 Td (method. If the Company does not have significant influence over the investee, the cost method is utilized. ) Tj ET Q q 0 0 0 rg BT 474.21 633.75 Td (The Company's cost ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 621.75 Td (method investment was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 146.43 621.75 Td ($0.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 195.32 621.75 Td ( at the end of both fiscal years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.05 621.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.05 621.75 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.49 621.75 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.49 621.75 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 600.75 Td (Pr) Tj ET Q q 0 0 0 rg BT 82.37 600.75 Td (operty) Tj ET Q q 0 0 0 rg BT 109.58 600.75 Td (, Plant and Equipment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 208.78 600.75 Td (is stated at cost less accumulated depreciation and amortization. Depreciation is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 588.75 Td (calculated using the straight-line method over the estimated useful lives of the assets of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.07 588.75 Td (30) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.07 588.75 Td ( years for buildings, generally ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.25 588.75 Td (five ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 576.75 Td (years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.60 576.75 Td ( for machinery and equipment and furniture and fixtures and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.96 576.75 Td (two) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.96 576.75 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.74 576.75 Td (seven years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.10 576.75 Td ( for computer equipment and software. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 564.75 Td (Leasehold improvements are amortized over the shorter of the lease term or the asset's estimated useful life. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 543.75 Td (Property) Tj ET Q q 0 0 0 rg BT 105.79 543.75 Td (, plant and equipment are evaluated for impairment whenever events or conditions indicate that the carrying value ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 531.75 Td (of an asset may not be recoverable based on expected undiscounted cash flows related to the asset. Property) Tj ET Q q 0 0 0 rg BT 479.81 531.75 Td (, plant and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 519.75 Td (equipment impairment losses of underperforming Company-owned retail stores of approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.62 519.75 Td ($1.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.52 519.75 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.52 519.75 Td ($8.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.41 519.75 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 507.75 Td ($13.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.39 507.75 Td ( were recorded in restructuring char) Tj ET Q q 0 0 0 rg BT 246.19 507.75 Td (ges in fiscal years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.06 507.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.06 507.75 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.06 507.75 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.06 507.75 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.50 507.75 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.50 507.75 Td (, respectively) Tj ET Q q 0 0 0 rg BT 457.16 507.75 Td (, and impairment losses of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 495.75 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 109.76 495.75 Td ($1.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 158.65 495.75 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 163.65 495.75 Td ($1.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 212.54 495.75 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.98 495.75 Td ($0.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 280.87 495.75 Td ( were recorded in selling, general, and administrative \("SG&A"\) in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 483.75 Td (fiscal years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 97.25 483.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.25 483.75 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.25 483.75 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.25 483.75 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 161.69 483.75 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 181.69 483.75 Td (, respectively) Tj ET Q q 0 0 0 rg BT 234.35 483.75 Td (. ) Tj ET Q q 0 0 0 rg BT 238.80 483.75 Td (Additionally) Tj ET Q q 0 0 0 rg BT 288.70 483.75 Td (, in fiscal years 2018, 2017 and 2016, the Company recorded non-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 471.75 Td (impairment losses related to the disposal of property) Tj ET Q q 0 0 0 rg BT 258.52 471.75 Td (, plant and equipment of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.50 471.75 Td ($0.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.39 471.75 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.39 471.75 Td ($0.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.28 471.75 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.72 471.75 Td ($1.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.61 471.75 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 459.75 Td (respectively) Tj ET Q q 0 0 0 rg BT 97.16 459.75 Td (, included in restructuring char) Tj ET Q q 0 0 0 rg BT 219.99 459.75 Td (ges in the Company) Tj ET Q q 0 0 0 rg BT 302.48 459.75 Td (s consolidated statements of income \(loss\) and comprehensive ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 447.75 Td (income \(loss\). ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 426.75 Td (Goodwill and Other) Tj ET Q q 0 0 0 rg BT 157.39 426.75 Td ( Intangible ) Tj ET Q q 0 0 0 rg BT 205.74 426.75 Td (Assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 232.40 426.75 Td ( include the acquisition cost in excess of net assets acquired \(goodwill\), ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 414.75 Td (trademarks, trade names, developed technology) Tj ET Q q 0 0 0 rg BT 239.33 414.75 Td (, customer lists and patents. ) Tj ET Q q 0 0 0 rg BT 352.19 414.75 Td (T) Tj ET Q q 0 0 0 rg BT 357.95 414.75 Td (rademarks, trade names with finite lives, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 402.75 Td (developed technology) Tj ET Q q 0 0 0 rg BT 136.88 402.75 Td (, customer lists and patents are amortized using the straight-line method over their estimated useful lives, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 390.75 Td (which are generally ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 130.85 390.75 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.83 390.75 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 163.61 390.75 Td (20 years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 197.21 390.75 Td (. Goodwill and other indefinite-lived intangible assets, such as indefinite-lived trade ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 378.75 Td (names, are evaluated for impairment annually as of the end of the fiscal year) Tj ET Q q 0 0 0 rg BT 354.93 378.75 Td (. ) Tj ET Q q 0 0 0 rg BT 359.38 378.75 Td (Additionally) Tj ET Q q 0 0 0 rg BT 409.28 378.75 Td (, if events or conditions were to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 366.75 Td (indicate an indefinite-lived intangible asset may not be recoverable, the Company would evaluate the asset for impairment at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 354.75 Td (that time. Impairment testing compares the other intangible assets with its fair value. ) Tj ET Q q 0 0 0 rg BT 390.06 354.75 Td (When the carrying amount of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 342.75 Td (intangible assets exceeds its fair value, an impairment char) Tj ET Q q 0 0 0 rg BT 284.51 342.75 Td (ge is recorded.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 321.75 Td (The Company had ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 148.37 321.75 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 168.36 321.75 Td ( reporting units for which it evaluated goodwill for impairment. In fiscal year 2017, goodwill was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 309.75 Td (deemed fully impaired and accordingly the Company recognized a pre-tax impairment char) Tj ET Q q 0 0 0 rg BT 415.01 309.75 Td (ge in operations of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.21 309.75 Td ($202.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 551.10 309.75 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 297.75 Td ($1) Tj ET Q q 0 0 0 rg BT 59.13 297.75 Td (14.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.02 297.75 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 127.46 297.75 Td ($42.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 181.35 297.75 Td ( in the ) Tj ET Q q 0 0 0 rg BT 208.29 297.75 Td (Americas, Europe and ) Tj ET Q q 0 0 0 rg BT 299.37 297.75 Td (Asia segments, respectively) Tj ET Q q 0 0 0 rg BT 410.08 297.75 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 276.75 Td (The fair values of the Company's indefinite-lived SKAGEN) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 311.80 281.28 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 316.74 276.75 Td ( and MICHELE) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 380.61 281.28 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.55 276.75 Td ( trade names were estimated using the relief ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 264.75 Td (from royalty method. During the second quarter of fiscal 2018, the SKAGEN trade name with a carrying amount of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.65 264.75 Td ($27.3 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 252.75 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.39 252.75 Td ( was written down to its implied fair value of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 261.13 252.75 Td ($21.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.02 252.75 Td (, resulting in a pre-tax impairment char) Tj ET Q q 0 0 0 rg BT 471.17 252.75 Td (ge of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.94 252.75 Td ($6.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.83 252.75 Td (. ) Tj ET Q q 0 0 0 rg BT 547.28 252.75 Td (A) Tj ET Q q 0 0 0 rg BT 553.95 252.75 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 240.75 Td (reduction in expected future cash flows negatively af) Tj ET Q q 0 0 0 rg BT 261.18 240.75 Td (fected the valuation compared to previous valuation assumptions. Due to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 228.75 Td (the inherent uncertainties involved in making the estimates and assumptions used in the fair value analysis, actual results may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 216.75 Td (dif) Tj ET Q q 0 0 0 rg BT 60.43 216.75 Td (fer) Tj ET Q q 0 0 0 rg BT 71.13 216.75 Td (, which could alter the fair value of the trade names and possibly result in impairment char) Tj ET Q q 0 0 0 rg BT 432.77 216.75 Td (ges in future periods. In fiscal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 204.75 Td (year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.21 204.75 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.21 204.75 Td (, impairment char) Tj ET Q q 0 0 0 rg BT 159.83 204.75 Td (ges of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 186.49 204.75 Td ($28.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 240.38 204.75 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 245.38 204.75 Td ($1) Tj ET Q q 0 0 0 rg BT 255.01 204.75 Td (1.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.90 204.75 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.34 204.75 Td ($7.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.23 204.75 Td ( were recorded related to the SKAGEN, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 192.75 Td (MISFIT) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 82.28 197.28 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.22 192.75 Td ( and MICHELE trade names, respectively) Tj ET Q q 0 0 0 rg BT 254.29 192.75 Td (. No impairment char) Tj ET Q q 0 0 0 rg BT 342.14 192.75 Td (ges were recorded in fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.51 192.75 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.51 192.75 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 171.75 Td (Accrued Expenses ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 152.55 171.75 Td (includes liabilities relating to warranties, duty) Tj ET Q q 0 0 0 rg BT 335.19 171.75 Td (, deferred compensation, gift cards, foreign exchange ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 159.75 Td (forward contracts \("forward contracts"\), deferred rent, and other accrued liabilities which are current in nature.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 138.75 Td (Other) Tj ET Q q 0 0 0 rg BT 97.37 138.75 Td ( Long-T) Tj ET Q q 0 0 0 rg BT 131.18 138.75 Td (erm Liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 193.67 138.75 Td ( includes obligations relating to asset retirements, deferred rent, forward contracts and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 126.75 Td (defined benefits relating to certain international employees that are not current in nature.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 105.75 Td (Cumulative ) Tj ET Q q 0 0 0 rg BT 124.32 105.75 Td (T) Tj ET Q q 0 0 0 rg BT 130.25 105.75 Td (ranslation ) Tj ET Q q 0 0 0 rg BT 175.54 105.75 Td (Adjustment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 226.09 105.75 Td ( is included as a component of accumulated other comprehensive income \(loss\) and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 93.75 Td (reflects the adjustments resulting from translating the financial statements of foreign subsidiaries into U.S. dollars. ) Tj ET Q q 0 0 0 rg BT 509.77 93.75 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 81.75 Td (functional currency of the Company's foreign subsidiaries is the currency of the primary economic environment in which the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 69.75 Td (entity operates, which is generally the local currency of the country) Tj ET Q q 0 0 0 rg BT 318.47 69.75 Td (. ) Tj ET Q q 0 0 0 rg BT 322.92 69.75 Td (Accordingly) Tj ET Q q 0 0 0 rg BT 372.25 69.75 Td (, assets and liabilities of the foreign ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 57.75 Td (subsidiaries are translated to U.S. dollars at fiscal year) Tj ET Q q 0 0 0 rg BT 266.45 57.75 Td (-end exchange rates. Income and expense items are translated at average ) Tj ET Q endstream endobj 109 0 obj <>] /Rotate 0 /Contents 110 0 R>> endobj 110 0 obj <> stream BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.39 w 0 i [] 0 d 1 J 1 j 3 M 50 772.93359375 m 106.76171875 772.93359375 l s q 0 0 1 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 1 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET q 0 0 0 rg BT 256.70 754.00 Td (FOSSIL) Tj ET Q q 0 0 0 rg BT 291.72 754.00 Td ( GROUP) Tj ET Q q 0 0 0 rg BT 329.41 754.00 Td (,INC.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 148.20 734.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 184.42 734.00 Td (T) Tj ET Q q 0 0 0 rg BT 190.91 734.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 261.01 734.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 340.19 734.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 354.18 734.00 Td (A) Tj ET Q q 0 0 0 rg BT 360.66 734.00 Td (TEMENTS \(Continued\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (51) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 690.60 Td (monthly exchange rates. Cumulative translation adjustments remain in accumulated other comprehensive income \(loss\) and are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 678.60 Td (reclassified into earnings in the event the related foreign subsidiary is sold or liquidated. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 657.60 Td (For) Tj ET Q q 0 0 0 rg BT 87.37 657.60 Td (eign ) Tj ET Q q 0 0 0 rg BT 107.46 657.60 Td (T) Tj ET Q q 0 0 0 rg BT 113.39 657.60 Td (ransaction Gains and Losses ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.31 657.60 Td (are those changes in exchange rates of currencies not considered the functional ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 645.60 Td (currency that af) Tj ET Q q 0 0 0 rg BT 112.06 645.60 Td (fects cash flows and the related receivables or payables. ) Tj ET Q q 0 0 0 rg BT 337.89 645.60 Td (The Company incurred net foreign currency transaction ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 633.60 Td (gains \(losses\), including gains and losses associated with the settlement of forward contracts, of approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.22 633.60 Td ($\(5.8\) million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.77 633.60 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 621.60 Td ($7.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.39 621.60 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.83 621.60 Td ($8.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 166.72 621.60 Td ( for fiscal years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.14 621.60 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.14 621.60 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 256.14 621.60 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 276.14 621.60 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.57 621.60 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.57 621.60 Td (, respectively) Tj ET Q q 0 0 0 rg BT 368.24 621.60 Td (. ) Tj ET Q q 0 0 0 rg BT 373.05 621.60 Td (These net gains \(losses\) have been included in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 609.60 Td (other income \(expense\)net in the Company's consolidated statements of income \(loss\) and comprehensive income \(loss\).) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 588.60 Td (Litigation Liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.51 588.60 Td ( are estimated amounts for claims that are probable and can be reasonably estimated and are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 576.60 Td (recorded in accrued expenses-other in the Company's consolidated balance sheets. ) Tj ET Q q 0 0 0 rg BT 380.72 576.60 Td (The likelihood of a material change in these ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 564.60 Td (estimated liabilities would be dependent on new claims that may arise, changes in the circumstances used to estimate amounts ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 552.60 Td (for prior period claims and favorable or unfavorable final settlements of prior period claims. ) Tj ET Q q 0 0 0 rg BT 420.21 552.60 Td (As additional information becomes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 540.60 Td (available, the Company assesses the potential liability related to new claims and existing claims and revises estimates as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 528.60 Td (appropriate. ) Tj ET Q q 0 0 0 rg BT 99.48 528.60 Td (As new claims arise or circumstances change relative to prior claim assessments, revisions in estimates of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 516.60 Td (potential liability could materially impact the Company's consolidated results of operations and financial position.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 495.60 Td (Revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.55 495.60 Td ( from sales of the Company's products including those that are subject to inventory consignment agreements are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 483.60 Td (recognized when control of the product is transferred to the customer and in an amount that reflects the consideration the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 471.60 Td (Company expects to be entitled in exchange for the product. ) Tj ET Q q 0 0 0 rg BT 292.85 471.60 Td (The Company accepts limited returns and may request that a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 459.60 Td (customer return a product if the customer has an excess of any style that the Company has identified as being a poor performer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 447.60 Td (for that customer or geographic location. ) Tj ET Q q 0 0 0 rg BT 215.10 447.60 Td (The Company continually monitors returns and maintains a provision for estimated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 435.60 Td (returns based upon historical experience and any specific issues identified. In fiscal year 2018, under ) Tj ET Q q 0 0 0 rg BT 454.64 435.60 Td (ASU 2014-09, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 515.48 435.60 Td (Revenue ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 423.60 Td (fr) Tj ET Q q 0 0 0 rg BT 55.80 423.60 Td (om Contracts with Customers \(T) Tj ET Q q 0 0 0 rg BT 185.45 423.60 Td (opic 606\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 223.50 423.60 Td ( \("ASU 2014-09"\), product returns are accounted for as reductions to revenue and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 411.60 Td (cost of sales and increases to customer liabilities and other current assets to the extent the returned product is resalable. In fiscal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 399.60 Td (year 2017, under prior accounting guidance, product returns were accounted for as reductions to revenue, cost of sales, accounts ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 387.60 Td (receivable and an increase in inventory to the extent the returned product is resalable. ) Tj ET Q q 0 0 0 rg BT 393.34 387.60 Td (While returns have historically been ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 375.60 Td (within management's expectations and the provisions established, future return rates may dif) Tj ET Q q 0 0 0 rg BT 419.35 375.60 Td (fer from those experienced in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 363.60 Td (past. In the event that the Company's products are performing poorly in the retail market and/or it experiences product damages ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 351.60 Td (or defects at a rate significantly higher than the historical rate, the resulting returns could have an adverse impact on the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 339.60 Td (operating results for the period or periods in which such returns occur) Tj ET Q q 0 0 0 rg BT 328.04 339.60 Td (. ) Tj ET Q q 0 0 0 rg BT 332.85 339.60 Td (The Company recorded an estimated returns provision of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 327.60 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 109.76 327.60 Td ($67.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 163.65 327.60 Td ( in accrued expenses and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 265.55 327.60 Td ($75.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.44 327.60 Td ( in accounts receivable-net as of the end of fiscal years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.73 327.60 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 560.73 327.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 315.60 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.44 315.60 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.44 315.60 Td (, respectively) Tj ET Q q 0 0 0 rg BT 139.10 315.60 Td (. ) Tj ET Q q 0 0 0 rg BT 143.92 315.60 Td (T) Tj ET Q q 0 0 0 rg BT 149.33 315.60 Td (axes imposed by governmental authorities on the Company's revenue-producing activities with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 303.60 Td (customers, such as sales taxes and value added taxes, are excluded from net sales. See Note2Revenue, for more information ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 291.60 Td (regarding the Company's revenue recognition policy) Tj ET Q q 0 0 0 rg BT 258.65 291.60 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 270.60 Td (Cost of Sales) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.44 270.60 Td ( includes raw material costs, assembly labor) Tj ET Q q 0 0 0 rg BT 302.38 270.60 Td (, assembly overhead including depreciation expense, assembly ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 258.60 Td (warehousing costs and shipping and handling costs related to the movement of finished goods from assembly locations to sales ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 246.60 Td (distribution centers and from sales distribution centers to customer locations. ) Tj ET Q q 0 0 0 rg BT 359.16 246.60 Td (Additionally) Tj ET Q q 0 0 0 rg BT 409.06 246.60 Td (, cost of sales includes customs ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 234.60 Td (duties, product packaging cost, royalty cost associated with sales of licensed products, the cost of molding and tooling and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 222.60 Td (inventory shrinkage and damages.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 201.60 Td (Operating Expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 157.84 201.60 Td ( include SG&A, goodwill and trade name impairments and restructuring char) Tj ET Q q 0 0 0 rg BT 466.74 201.60 Td (ges. SG&A) Tj ET Q q 0 0 0 rg BT 512.30 201.60 Td ( expenses ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 189.60 Td (include selling and distribution expenses primarily consisting of sales and distribution labor costs, sales distribution center and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 177.60 Td (warehouse facility costs, depreciation expense related to sales distribution and warehouse facilities, the four) Tj ET Q q 0 0 0 rg BT 480.54 177.60 Td (-wall operating ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 165.60 Td (costs of the Company's retail stores, point-of-sale expenses, advertising expenses and art, design and product development labor ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 153.60 Td (costs. SG&A) Tj ET Q q 0 0 0 rg BT 101.73 153.60 Td ( also includes general and administrative expenses primarily consisting of administrative support labor and "back ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 141.60 Td (of) Tj ET Q q 0 0 0 rg BT 57.65 141.60 Td (fice" or support costs such as treasury) Tj ET Q q 0 0 0 rg BT 208.26 141.60 Td (, legal, information services, accounting, internal audit, human resources, executive ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 129.60 Td (management costs and costs associated with stock-based compensation. Restructuring char) Tj ET Q q 0 0 0 rg BT 415.61 129.60 Td (ges include costs to reor) Tj ET Q q 0 0 0 rg BT 512.07 129.60 Td (ganize, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 117.60 Td (refine and optimize the Company) Tj ET Q q 0 0 0 rg BT 186.13 117.60 Td (s infrastructure and store closures. See Note 20Restructuring for additional information on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 105.60 Td (the Company) Tj ET Q q 0 0 0 rg BT 105.88 105.60 Td (s restructuring plan.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 84.60 Td (Advertising Costs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 147.83 84.60 Td ( for in-store and media advertising as well as co-op advertising, catalog costs, product displays, show/) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 72.60 Td (exhibit costs, advertising royalties related to the sales of licensed brands, internet costs associated with af) Tj ET Q q 0 0 0 rg BT 470.03 72.60 Td (filiation fees, printing, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 60.60 Td (sample costs and promotional allowances are expensed as incurred within SG&A. ) Tj ET Q q 0 0 0 rg BT 379.42 60.60 Td (Advertising costs were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.56 60.60 Td ($181.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.45 60.60 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 48.60 Td ($207.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.39 48.60 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 127.83 48.60 Td ($238.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 186.72 48.60 Td ( for fiscal years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.14 48.60 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.14 48.60 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 276.14 48.60 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.14 48.60 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.57 48.60 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 335.57 48.60 Td (, respectively) Tj ET Q q 0 0 0 rg BT 388.24 48.60 Td (.) Tj ET Q endstream endobj 111 0 obj <>] /Rotate 0 /Contents 112 0 R>> endobj 112 0 obj <> stream BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.39 w 0 i [] 0 d 1 J 1 j 3 M 50 772.93359375 m 106.76171875 772.93359375 l s q 0 0 1 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 1 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET q 0 0 0 rg BT 256.70 754.00 Td (FOSSIL) Tj ET Q q 0 0 0 rg BT 291.72 754.00 Td ( GROUP) Tj ET Q q 0 0 0 rg BT 329.41 754.00 Td (,INC.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 148.20 734.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 184.42 734.00 Td (T) Tj ET Q q 0 0 0 rg BT 190.91 734.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 261.01 734.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 340.19 734.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 354.18 734.00 Td (A) Tj ET Q q 0 0 0 rg BT 360.66 734.00 Td (TEMENTS \(Continued\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (52) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 690.75 Td (W) Tj ET Q q 0 0 0 rg BT 81.45 690.75 Td (arranty Costs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 140.05 690.75 Td ( are included in SG&A. ) Tj ET Q q 0 0 0 rg BT 237.07 690.75 Td (The Company records an estimate for future warranty costs based on historical ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 678.75 Td (repair costs and adjusts the liability as required. ) Tj ET Q q 0 0 0 rg BT 242.32 678.75 Td (W) Tj ET Q q 0 0 0 rg BT 250.96 678.75 Td (arranty costs have historically been within the Company's expectations and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 666.75 Td (the provisions established. If such costs were to substantially exceed estimates, this could have an adverse ef) Tj ET Q q 0 0 0 rg BT 483.64 666.75 Td (fect on the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 654.75 Td (Company's operating results. See Note5W) Tj ET Q q 0 0 0 rg BT 230.47 654.75 Td (arranty Liabilities, for more information regarding warranties.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 633.75 Td (Resear) Tj ET Q q 0 0 0 rg BT 101.25 633.75 Td (ch and Development Costs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 216.80 633.75 Td (are incurred primarily through the Company's in-house engineering team and also ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 621.75 Td (through some outside consulting and labor and consist primarily of personnel-related expenses, tooling and prototype materials ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 609.75 Td (and overhead costs. ) Tj ET Q q 0 0 0 rg BT 130.40 609.75 Td (The Company) Tj ET Q q 0 0 0 rg BT 190.12 609.75 Td (s research and development \("R&D"\) expenses are related to designing and developing new ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 597.75 Td (products and features and improving existing products. ) Tj ET Q q 0 0 0 rg BT 272.05 597.75 Td (The Company's R&D expenses are recorded in SG&A) Tj ET Q q 0 0 0 rg BT 489.64 597.75 Td ( and were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.00 597.75 Td ($38.2 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 585.75 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.39 585.75 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 83.39 585.75 Td ($42.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 137.28 585.75 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.72 585.75 Td ($38.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 210.61 585.75 Td ( in fiscal years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.15 585.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.15 585.75 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.15 585.75 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 316.15 585.75 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 335.58 585.75 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.58 585.75 Td (, respectively) Tj ET Q q 0 0 0 rg BT 408.25 585.75 Td (. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 561.75 Td (Noncontr) Tj ET Q q 0 0 0 rg BT 112.37 561.75 Td (olling Inter) Tj ET Q q 0 0 0 rg BT 160.25 561.75 Td (est) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 171.91 561.75 Td ( is recognized as equity in the Company's consolidated balance sheets, is reflected in net income ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 549.75 Td (attributable to noncontrolling interest in the consolidated statements of income \(loss\) and comprehensive income \(loss\) and is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 537.75 Td (captured within the summary of changes in equity attributable to controlling and noncontrolling interests. Noncontrolling ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 525.75 Td (interests represent ownership interests in the Company's subsidiaries held by third parties.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 504.75 Td (Other) Tj ET Q q 0 0 0 rg BT 97.37 504.75 Td ( Compr) Tj ET Q q 0 0 0 rg BT 130.24 504.75 Td (ehensive Income \(Loss\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 229.12 504.75 Td ( which is reported in the consolidated statements of income \(loss\) and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 492.75 Td (comprehensive income \(loss\) and consolidated statements of stockholders' equity) Tj ET Q q 0 0 0 rg BT 373.90 492.75 Td (, consists of net income and other gains and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 480.75 Td (losses af) Tj ET Q q 0 0 0 rg BT 83.48 480.75 Td (fecting equity that are excluded from net income. ) Tj ET Q q 0 0 0 rg BT 282.94 480.75 Td (The components of other comprehensive income \(loss\) primarily ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 468.75 Td (consist of foreign currency translation gains and losses and net realized and unrealized gains and losses on the following: ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 456.75 Td (\(i\)derivatives designated as cash flow hedges and \(ii\)the Company's defined benefit plans.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 435.75 Td (Earnings \(Loss\) Per) Tj ET Q q 0 0 0 rg BT 156.82 435.75 Td ( Shar) Tj ET Q q 0 0 0 rg BT 179.70 435.75 Td (e \("EPS"\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 222.74 435.75 Td ( is based on the weighted average number of common shares outstanding during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 423.75 Td (each period. Diluted EPS adjusts basic EPS for the ef) Tj ET Q q 0 0 0 rg BT 262.61 423.75 Td (fects of dilutive common stock equivalents outstanding during each period ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 411.75 Td (using the treasury stock method.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 390.75 Td (The following table reconciles the numerators and denominators used in the computations of both basic and diluted EPS ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 378.75 Td (\(in thousands except per share data\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 355.25 310.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 360.00 355.25 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.00 355.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.00 355.25 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.00 355.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 355.25 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 325.25 310.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 360.00 325.25 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.00 325.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.00 325.25 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.00 325.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 325.25 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 295.25 310.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 360.00 295.25 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.00 295.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.00 295.25 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.00 295.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 295.25 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 265.25 310.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 360.00 265.25 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.00 265.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.00 265.25 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.00 265.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 265.25 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 235.25 310.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 360.00 235.25 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.00 235.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.00 235.25 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.00 235.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 235.25 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 205.25 310.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 360.00 205.25 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.00 205.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.00 205.25 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.00 205.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 205.25 65.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 355.25 m 425 355.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 355.25 m 494 355.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 355.25 m 563 355.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 326.25 m 425 326.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 324.25 m 425 324.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 326.25 m 494 326.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 324.25 m 494 324.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 326.25 m 563 326.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 324.25 m 563 324.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 280.25 m 425 280.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 280.25 m 494 280.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 280.25 m 563 280.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 280.25 m 425 280.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 266.25 m 425 266.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 264.25 m 425 264.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 280.25 m 494 280.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 266.25 m 494 266.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 264.25 m 494 264.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 280.25 m 563 280.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 266.25 m 563 266.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 264.25 m 563 264.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 220.25 m 425 220.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 220.25 m 494 220.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 220.25 m 563 220.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 205.25 m 425 205.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 205.25 m 494 205.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 205.25 m 563 205.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 205.25 m 425 205.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 191.25 m 425 191.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 189.25 m 425 189.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 205.25 m 494 205.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 191.25 m 494 191.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 189.25 m 494 189.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 205.25 m 563 205.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 191.25 m 563 191.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 189.25 m 563 189.25 l s BT /F2 8.00 Tf ET 0 0 0 RG /GS0 gs 0.76 w 0 i [] 0 d 1 J 1 j 3 M 52.5 358.230078125 m 90.119140625 358.230078125 l s q 0 0 0 rg BT 52.50 359.48 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 74.20 359.48 Td (Y) Tj ET Q q 0 0 0 rg BT 79.09 359.48 Td (ear) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 384.00 359.48 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.00 359.48 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 522.00 359.48 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 344.92 Td (Numerator:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 329.92 Td (Net income \(loss\) attributable to Fossil Group, Inc.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.50 329.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.30 329.97 Td (\(3,478) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.15 329.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.50 329.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.30 329.97 Td (\(478,172) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.15 329.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.50 329.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.65 329.92 Td (78,868) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 314.92 Td (Denominator:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 299.92 Td (Basic EPS computation:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 284.92 Td (Basic weighted average common shares outstanding) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.65 284.92 Td (49,196) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.65 284.92 Td (48,468) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.65 284.92 Td (48,136) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 269.92 Td (Basic EPS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.50 269.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.30 269.97 Td (\(0.07) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.15 269.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.50 269.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.30 269.97 Td (\(9.87) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.15 269.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.50 269.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.65 269.92 Td (1.64) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 254.92 Td (Diluted EPS computation:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 239.92 Td (Basic weighted average common shares outstanding) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.65 239.92 Td (49,196) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.65 239.92 Td (48,468) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.65 239.92 Td (48,136) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 224.92 Td (Stock options, stock appreciation rights and restricted stock units) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.15 224.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.15 224.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 224.92 Td (187) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 209.92 Td (Diluted weighted average common shares outstanding) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.65 209.92 Td (49,196) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.65 209.92 Td (48,468) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.65 209.92 Td (48,323) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 194.92 Td (Diluted EPS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.50 194.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.30 194.97 Td (\(0.07) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.15 194.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.50 194.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.30 194.97 Td (\(9.87) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.15 194.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.50 194.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.65 194.92 Td (1.63) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 169.75 Td (Approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.54 169.75 Td (5.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 180.43 169.75 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 199.87 169.75 Td (4.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.76 169.75 Td ( weighted average shares issuable under stock-based awards were not included ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 157.75 Td (in the diluted EPS calculation in fiscal years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 228.90 157.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.90 157.75 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.34 157.75 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 288.34 157.75 Td (, respectively) Tj ET Q q 0 0 0 rg BT 341.00 157.75 Td (, because they were antidilutive, including ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 145.75 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 109.76 145.75 Td (1.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 153.65 145.75 Td ( weighted performance-based shares in both fiscal years. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 124.75 Td (Approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.54 124.75 Td (2.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 180.43 124.75 Td ( weighted average shares issuable under stock-based awards were not included in the diluted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 112.75 Td (EPS calculation in fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.74 112.75 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.74 112.75 Td ( because they were antidilutive. ) Tj ET Q q 0 0 0 rg BT 318.03 112.75 Td (Approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.07 112.75 Td (0.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.96 112.75 Td ( weighted average performance-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 100.75 Td (based shares were not included in the diluted EPS calculation in fiscal year 2016 as the performance tar) Tj ET Q q 0 0 0 rg BT 463.34 100.75 Td (gets were not met.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 73.50 85.75 Td ( ) Tj ET Q q 0 0 0 rg BT 85.50 85.75 Td (Income ) Tj ET Q q 0 0 0 rg BT 119.48 85.75 Td (T) Tj ET Q q 0 0 0 rg BT 125.23 85.75 Td (axes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 143.56 85.75 Td ( are provided for under the asset and liability method for temporary dif) Tj ET Q q 0 0 0 rg BT 426.62 85.75 Td (ferences in assets and liabilities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 73.75 Td (recognized for income tax and financial reporting purposes. Deferred tax assets are periodically assessed for the likelihood of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 61.75 Td (whether they are more likely than not to be realized. ) Tj ET Q q 0 0 0 rg BT 260.62 61.75 Td (T) Tj ET Q q 0 0 0 rg BT 266.03 61.75 Td (ax benefits associated with uncertain tax positions are recognized in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 49.75 Td (period in which one of the following conditions is satisfied: \(i\)the more likely than not recognition threshold is satisfied; ) Tj ET Q endstream endobj 113 0 obj <>] /Rotate 0 /Contents 114 0 R>> endobj 114 0 obj <> stream BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.39 w 0 i [] 0 d 1 J 1 j 3 M 50 772.93359375 m 106.76171875 772.93359375 l s q 0 0 1 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 1 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET q 0 0 0 rg BT 256.70 754.00 Td (FOSSIL) Tj ET Q q 0 0 0 rg BT 291.72 754.00 Td ( GROUP) Tj ET Q q 0 0 0 rg BT 329.41 754.00 Td (,INC.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 148.20 734.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 184.42 734.00 Td (T) Tj ET Q q 0 0 0 rg BT 190.91 734.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 261.01 734.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 340.19 734.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 354.18 734.00 Td (A) Tj ET Q q 0 0 0 rg BT 360.66 734.00 Td (TEMENTS \(Continued\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (53) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 690.60 Td (\(ii\)the position is ultimately settled through negotiation or litigation; or \(iii\)the statute of limitations for the taxing authority to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 678.60 Td (examine and challenge the position has expired. ) Tj ET Q q 0 0 0 rg BT 243.70 678.60 Td (T) Tj ET Q q 0 0 0 rg BT 249.11 678.60 Td (ax benefits associated with an uncertain tax position are derecognized in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 666.60 Td (period in which the more likely than not recognition threshold is no longer satisfied.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 645.60 Td (The Global Intangible Low-T) Tj ET Q q 0 0 0 rg BT 189.88 645.60 Td (axed Income \(GIL) Tj ET Q q 0 0 0 rg BT 267.25 645.60 Td (TI\) provisions of the ) Tj ET Q q 0 0 0 rg BT 356.49 645.60 Td (T) Tj ET Q q 0 0 0 rg BT 361.90 645.60 Td (ax ) Tj ET Q q 0 0 0 rg BT 373.29 645.60 Td (Act requiring the inclusion of certain foreign ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 633.60 Td (earnings in U.S. taxable income first applied in fiscal year 2018. ) Tj ET Q q 0 0 0 rg BT 309.25 633.60 Td (The GIL) Tj ET Q q 0 0 0 rg BT 343.04 633.60 Td (TI tax was accounted for as incurred under the period ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 621.60 Td (cost method.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 600.60 Td (Accounting for the income tax ef) Tj ET Q q 0 0 0 rg BT 204.27 600.60 Td (fects of the ) Tj ET Q q 0 0 0 rg BT 251.01 600.60 Td (T) Tj ET Q q 0 0 0 rg BT 256.42 600.60 Td (ax ) Tj ET Q q 0 0 0 rg BT 267.81 600.60 Td (Act requires significant judgments and estimates in the interpretation and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 588.60 Td (calculations of the provisions of the ) Tj ET Q q 0 0 0 rg BT 194.84 588.60 Td (T) Tj ET Q q 0 0 0 rg BT 200.25 588.60 Td (ax ) Tj ET Q q 0 0 0 rg BT 211.64 588.60 Td (Act. Due to the timing of the enactment and the complexity involved in applying the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 576.60 Td (provisions of the ) Tj ET Q q 0 0 0 rg BT 119.04 576.60 Td (T) Tj ET Q q 0 0 0 rg BT 124.45 576.60 Td (ax ) Tj ET Q q 0 0 0 rg BT 135.83 576.60 Td (Act, the Company made reasonable estimates of the ef) Tj ET Q q 0 0 0 rg BT 353.63 576.60 Td (fects and recorded provisional amounts in its ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 564.60 Td (financial statements for fiscal year 2017 as permitted under Staf) Tj ET Q q 0 0 0 rg BT 305.06 564.60 Td (f ) Tj ET Q q 0 0 0 rg BT 310.34 564.60 Td (Accounting Bulletin No. 1) Tj ET Q q 0 0 0 rg BT 416.07 564.60 Td (18, \(SAB 1) Tj ET Q q 0 0 0 rg BT 465.42 564.60 Td (18\)) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 485.69 564.60 Td (Income T) Tj ET Q q 0 0 0 rg BT 522.26 564.60 Td (ax ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 552.60 Td (Accounting Implications of the T) Tj ET Q q 0 0 0 rg BT 179.68 552.60 Td (ax Cuts and Jobs ) Tj ET Q q 0 0 0 rg BT 250.60 552.60 Td (Act. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.93 552.60 Td (During 2018,) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 322.26 552.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.76 552.60 Td (the Company completed its accounting for the tax ef) Tj ET Q q 0 0 0 rg BT 534.51 552.60 Td (fects ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 540.60 Td (of the enactment of the ) Tj ET Q q 0 0 0 rg BT 144.00 540.60 Td (T) Tj ET Q q 0 0 0 rg BT 149.41 540.60 Td (ax ) Tj ET Q q 0 0 0 rg BT 160.80 540.60 Td (Act and made adjustments to the provisional amounts. In addition, the Company's valuation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 528.60 Td (allowance analysis is af) Tj ET Q q 0 0 0 rg BT 144.01 528.60 Td (fected by various aspects of the ) Tj ET Q q 0 0 0 rg BT 272.11 528.60 Td (T) Tj ET Q q 0 0 0 rg BT 277.52 528.60 Td (ax ) Tj ET Q q 0 0 0 rg BT 288.91 528.60 Td (Act, including the new limitation on the deductibility of interest ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 516.60 Td (expense and the impact of GIL) Tj ET Q q 0 0 0 rg BT 172.15 516.60 Td (TI. ) Tj ET Q q 0 0 0 rg BT 186.40 516.60 Td (Those adjustments may materially impact the provision for income taxes and the ef) Tj ET Q q 0 0 0 rg BT 519.46 516.60 Td (fective tax ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 504.60 Td (rate in the period in which the adjustments are made. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 483.60 Td (Recently Issued ) Tj ET Q q 0 0 0 rg BT 140.89 483.60 Td (Accounting Standards ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 462.60 Td (In ) Tj ET Q q 0 0 0 rg BT 82.28 462.60 Td (August 2018, the Financial ) Tj ET Q q 0 0 0 rg BT 192.55 462.60 Td (Accounting Standards Board \("F) Tj ET Q q 0 0 0 rg BT 322.81 462.60 Td (ASB"\) issued) Tj ET Q q 0 0 0 rg BT 379.12 462.60 Td (ASU 2018-15,) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 437.46 462.60 Td ( Intangibles - Goodwill and ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 450.60 Td (Other - Internal-Use Softwar) Tj ET Q q 0 0 0 rg BT 165.51 450.60 Td (e \(Subtopic 350-40\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 247.43 450.60 Td (\("ASU 2018-15"\). ) Tj ET Q q 0 0 0 rg BT 322.54 450.60 Td (ASU 2018-15 aligns the requirements for capitalizing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 438.60 Td (implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 426.60 Td (implementation costs incurred to develop or obtain internal-use software. ) Tj ET Q q 0 0 0 rg BT 344.79 426.60 Td (The guidance is ef) Tj ET Q q 0 0 0 rg BT 418.19 426.60 Td (fective for fiscal years beginning ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 414.60 Td (after December 15, 2019, and interim periods within those fiscal years. ) Tj ET Q q 0 0 0 rg BT 335.90 414.60 Td (The Company does not expect this standard to have a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 402.60 Td (material impact on the Company's consolidated results of operations or financial position.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 381.60 Td (In ) Tj ET Q q 0 0 0 rg BT 82.28 381.60 Td (August 2018, the F) Tj ET Q q 0 0 0 rg BT 158.21 381.60 Td (ASB issued ) Tj ET Q q 0 0 0 rg BT 207.11 381.60 Td (ASU 2018-14, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 267.94 381.60 Td (Compensation-Retir) Tj ET Q q 0 0 0 rg BT 348.67 381.60 Td (ement Benefits-Defined Benefit Plans-General ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 369.60 Td (\(Subtopic 715-20\): Disclosur) Tj ET Q q 0 0 0 rg BT 166.34 369.60 Td (e Framework-Changes to the Disclosur) Tj ET Q q 0 0 0 rg BT 324.28 369.60 Td (e Requir) Tj ET Q q 0 0 0 rg BT 358.06 369.60 Td (ements for Defined Benefit Plans) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.26 369.60 Td ( \("ASU ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 357.60 Td (2018-14"\)) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 90.24 357.60 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 92.74 357.60 Td () Tj ET Q q 0 0 0 rg BT 94.69 357.60 Td (ASU 2018-14 removes certain disclosures that are not considered cost beneficial, clarifies certain required ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 345.60 Td (disclosures and adds additional disclosures. ) Tj ET Q q 0 0 0 rg BT 225.96 345.60 Td (The guidance is ef) Tj ET Q q 0 0 0 rg BT 299.35 345.60 Td (fective for fiscal years ending after December 15, 2020. ) Tj ET Q q 0 0 0 rg BT 524.91 345.60 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 333.60 Td (Company does not expect this standard to have a material impact on the Company's consolidated results of operations or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 321.60 Td (financial position.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 300.60 Td (In ) Tj ET Q q 0 0 0 rg BT 82.28 300.60 Td (August 2018, the F) Tj ET Q q 0 0 0 rg BT 158.21 300.60 Td (ASB issued ) Tj ET Q q 0 0 0 rg BT 207.11 300.60 Td (ASU 2018-13, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 267.94 300.60 Td (Fair V) Tj ET Q q 0 0 0 rg BT 293.22 300.60 Td (alue Measur) Tj ET Q q 0 0 0 rg BT 343.12 300.60 Td (ement \(T) Tj ET Q q 0 0 0 rg BT 377.47 300.60 Td (opic 820\): Disclosur) Tj ET Q q 0 0 0 rg BT 459.87 300.60 Td (e FrameworkChanges ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 288.60 Td (to the Disclosur) Tj ET Q q 0 0 0 rg BT 113.02 288.60 Td (e Requir) Tj ET Q q 0 0 0 rg BT 146.80 288.60 Td (ements for Fair V) Tj ET Q q 0 0 0 rg BT 216.52 288.60 Td (alue Measur) Tj ET Q q 0 0 0 rg BT 266.41 288.60 Td (ement ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.79 288.60 Td (\("ASU 2018-13"\). ) Tj ET Q q 0 0 0 rg BT 367.90 288.60 Td (ASU 2018-13 eliminates certain disclosure ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 276.60 Td (requirements related to the fair value hierarchy) Tj ET Q q 0 0 0 rg BT 236.54 276.60 Td (, adds new disclosure requirements related to the changes in unrealized gains and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 264.60 Td (losses for recurring Level 3 fair value measurements and disclosing the range and weighted average of significant observable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 252.60 Td (inputs used to develop Level 3 fair value measurements and modifies certain disclosure requirements related to measurement ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 240.60 Td (uncertainty for fair value measurements. ) Tj ET Q q 0 0 0 rg BT 213.69 240.60 Td (The guidance is ef) Tj ET Q q 0 0 0 rg BT 287.09 240.60 Td (fective for annual reporting periods and interim periods within those ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 228.60 Td (annual periods beginning after December 15, 2019.) Tj ET Q q 0 0 0 rg BT 257.31 228.60 Td (The Company does not expect this standard to have a material impact on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 216.60 Td (the Company's consolidated results of operations or financial position.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 195.60 Td (In ) Tj ET Q q 0 0 0 rg BT 82.28 195.60 Td (August 2017, the F) Tj ET Q q 0 0 0 rg BT 158.21 195.60 Td (ASB issued ) Tj ET Q q 0 0 0 rg BT 207.11 195.60 Td (ASU 2017-12, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 267.94 195.60 Td (Derivatives and Hedging \(T) Tj ET Q q 0 0 0 rg BT 378.95 195.60 Td (opic 815\): T) Tj ET Q q 0 0 0 rg BT 427.47 195.60 Td (ar) Tj ET Q q 0 0 0 rg BT 435.99 195.60 Td (geted Impr) Tj ET Q q 0 0 0 rg BT 479.22 195.60 Td (ovements to ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 183.60 Td (Accounting for Hedging ) Tj ET Q q 0 0 0 rg BT 148.47 183.60 Td (Activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 185.68 183.60 Td ( \("ASU 2017-12"\). ) Tj ET Q q 0 0 0 rg BT 263.28 183.60 Td (ASU 2017-12 amends and simplifies hedge accounting guidance in order ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 171.60 Td (to enable entities to better portray the economics of their risk management activities. ) Tj ET Q q 0 0 0 rg BT 390.32 171.60 Td (The guidance is ef) Tj ET Q q 0 0 0 rg BT 463.71 171.60 Td (fective for fiscal years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 159.60 Td (beginning after December 15, 2018, including interim periods within those periods. Early adoption is permitted. ) Tj ET Q q 0 0 0 rg BT 500.05 159.60 Td (The Company ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 147.60 Td (adopted ) Tj ET Q q 0 0 0 rg BT 83.10 147.60 Td (ASU 2017-12 on the first day of fiscal year 2019. ) Tj ET Q q 0 0 0 rg BT 283.34 147.60 Td (Adoption will result in a portion of hedge settlement activity being ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 135.60 Td (recognized in cost of sales. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 114.60 Td (In February 2016, the F) Tj ET Q q 0 0 0 rg BT 165.96 114.60 Td (ASB issued) Tj ET Q q 0 0 0 rg BT 214.87 114.60 Td (ASU 2016-02, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 275.70 114.60 Td (Leases \(T) Tj ET Q q 0 0 0 rg BT 313.40 114.60 Td (opic 842\): ) Tj ET Q q 0 0 0 rg BT 357.09 114.60 Td (Amendments to the F) Tj ET Q q 0 0 0 rg BT 440.51 114.60 Td (ASB ) Tj ET Q q 0 0 0 rg BT 460.04 114.60 Td (Accounting Standar) Tj ET Q q 0 0 0 rg BT 539.38 114.60 Td (ds ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 102.60 Td (Codification) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 107.10 102.60 Td ( \(ASU 2016-02\), which supersedes the existing guidance for lease accounting, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 431.72 102.60 Td (Leases \(T) Tj ET Q q 0 0 0 rg BT 469.42 102.60 Td (opic 840\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.46 102.60 Td (.In order to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 90.60 Td (improve transparency and comparability between companies, ) Tj ET Q q 0 0 0 rg BT 296.91 90.60 Td (ASU 2016-02requires lessees to recognize leases on their balance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 78.60 Td (sheets, and modifies accounting, presentation and disclosure for both lessors and lessees. ) Tj ET Q q 0 0 0 rg BT 407.29 78.60 Td (The Company's leases primarily ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 66.60 Td (consist of retail space, of) Tj ET Q q 0 0 0 rg BT 149.01 66.60 Td (fices, warehouses, distribution centers and vehicles. ) Tj ET Q q 0 0 0 rg BT 358.48 66.60 Td (The Company has substantially completed its ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 54.60 Td (assessment of the standard as well as implementation of its leasing software, including data upload, and is continuing to finalize ) Tj ET Q endstream endobj 115 0 obj <>] /Rotate 0 /Contents 116 0 R>> endobj 116 0 obj <> stream BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.39 w 0 i [] 0 d 1 J 1 j 3 M 50 772.93359375 m 106.76171875 772.93359375 l s q 0 0 1 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 1 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET q 0 0 0 rg BT 256.70 754.00 Td (FOSSIL) Tj ET Q q 0 0 0 rg BT 291.72 754.00 Td ( GROUP) Tj ET Q q 0 0 0 rg BT 329.41 754.00 Td (,INC.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 148.20 734.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 184.42 734.00 Td (T) Tj ET Q q 0 0 0 rg BT 190.91 734.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 261.01 734.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 340.19 734.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 354.18 734.00 Td (A) Tj ET Q q 0 0 0 rg BT 360.66 734.00 Td (TEMENTS \(Continued\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (54) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 690.60 Td (its calculations, including validation procedures. ) Tj ET Q q 0 0 0 rg BT 245.66 690.60 Td (The Company is continuing to establish new processes and internal controls ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 678.60 Td (required to comply with the new lease accounting and disclosure requirements set by the new standard.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 657.60 Td (ASU 2016-02 is ef) Tj ET Q q 0 0 0 rg BT 147.09 657.60 Td (fective for annual periods, and interim periods within those years, beginning after December 15, 2018. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 645.60 Td (The Company is using the package of practical expedients that allows companies to not reassess: \(1\) whether any expired or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 633.60 Td (existing contracts are or contain leases, \(2\) lease classification for any expired or existing leases and \(3\) initial direct costs for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 621.60 Td (any expired or existing leases. ) Tj ET Q q 0 0 0 rg BT 172.62 621.60 Td (The Company is making accounting policy elections to treat the lease and non-lease components ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 609.60 Td (of leases as a single lease component and to exempt leases with an initial term of twelve months or less from balance sheet ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 597.60 Td (recognition. Consequently) Tj ET Q q 0 0 0 rg BT 154.39 597.60 Td (, short-term leases will be expensed over the lease term. ) Tj ET Q q 0 0 0 rg BT 380.24 597.60 Td (The Company is not electing to adopt the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 585.60 Td (hindsight practical expedient and therefore will maintain the lease terms previously determined under ) Tj ET Q q 0 0 0 rg BT 457.42 585.60 Td (ASC 840. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 564.60 Td ( ) Tj ET Q q 0 0 0 rg BT 74.32 564.60 Td (The Company is adopting ) Tj ET Q q 0 0 0 rg BT 179.87 564.60 Td (ASU 2016-02 in the first quarter of fiscal year 2019 using the modified retrospective approach. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 552.60 Td (As part of the adoption, the Company is assessing right-of-use assets for impairment. ) Tj ET Q q 0 0 0 rg BT 391.94 552.60 Td (Although the Company is continuing to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 540.60 Td (assess the potential impacts of ) Tj ET Q q 0 0 0 rg BT 172.53 540.60 Td (ASU 2016-02, the Company expects to recognize a cumulative-ef) Tj ET Q q 0 0 0 rg BT 435.88 540.60 Td (fect adjustment to the opening ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 528.60 Td (balance of retained earnings upon adoption as a result of previous store impairment and a previous sale leaseback transaction, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 516.60 Td (and the Company estimates recording right-of-use assets and lease liabilities in the range of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.28 516.60 Td ($330 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.67 516.60 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.45 516.60 Td ($430 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.84 516.60 Td (. ) Tj ET Q q 0 0 0 rg BT 541.16 516.60 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 504.60 Td (standard is not expected to have a significant impact on the Company's consolidated results of operations or cash flows.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 483.60 Td (Recently ) Tj ET Q q 0 0 0 rg BT 111.16 483.60 Td (Adopted ) Tj ET Q q 0 0 0 rg BT 149.78 483.60 Td (Accounting Standards) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 245.08 483.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 462.60 Td (In May2014, the F) Tj ET Q q 0 0 0 rg BT 148.20 462.60 Td (ASB issued ) Tj ET Q q 0 0 0 rg BT 197.10 462.60 Td (ASU 2014-09 and subsequently issued guidance that amended ) Tj ET Q q 0 0 0 rg BT 448.72 462.60 Td (ASU 2014-09. ) Tj ET Q q 0 0 0 rg BT 509.00 462.60 Td (ASU ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 450.60 Td (2014-09 af) Tj ET Q q 0 0 0 rg BT 92.92 450.60 Td (fects any entity that either enters into contracts with customers to transfer goods or services or enters into contracts ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 438.60 Td (for the transfer of nonfinancial assets, unless those contracts are within the scope of other standards. ) Tj ET Q q 0 0 0 rg BT 451.97 438.60 Td (The core principle of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 426.60 Td (guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 414.60 Td (amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. ) Tj ET Q q 0 0 0 rg BT 529.45 414.60 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 402.60 Td (Company adopted ) Tj ET Q q 0 0 0 rg BT 124.49 402.60 Td (ASU 2014-09 on December 31, 2017, the first day of fiscal 2018, using the modified retrospective approach. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 390.60 Td (Under this method of adoption, guidance in ) Tj ET Q q 0 0 0 rg BT 225.58 390.60 Td (ASU 2014-09 was applied to open contracts as of December 30, 2017, the end of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 378.60 Td (fiscal 2017. ) Tj ET Q q 0 0 0 rg BT 98.47 378.60 Td (The cumulative ef) Tj ET Q q 0 0 0 rg BT 171.04 378.60 Td (fect of initially applying the new revenue standard was a reduction to opening retained earnings, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 366.60 Td (with the impact primarily related to the accelerated recognition of markdowns. Results from reporting periods beginning on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 354.60 Td (December 31, 2017 are presented under ) Tj ET Q q 0 0 0 rg BT 210.82 354.60 Td (ASU 2014-09, while prior period amounts are not adjusted. See Note 2Revenue for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 342.60 Td (additional disclosures about the Company) Tj ET Q q 0 0 0 rg BT 220.03 342.60 Td (s revenue recognition policy and the impact of adoption.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 321.60 Td (In November 2016, the F) Tj ET Q q 0 0 0 rg BT 172.07 321.60 Td (ASB issued ) Tj ET Q q 0 0 0 rg BT 220.97 321.60 Td (ASU 2016-18, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 281.81 321.60 Td (Statement of Cash Flows \(T) Tj ET Q q 0 0 0 rg BT 392.00 321.60 Td (opic 230\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.05 321.60 Td (: ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 435.33 321.60 Td (Restricted Cash) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.93 321.60 Td ( \("ASU ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 309.60 Td (2016-18"\). ) Tj ET Q q 0 0 0 rg BT 94.69 309.60 Td (ASU 2016-18 requires that a statement of cash flows explain the change during the period in total cash, cash ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 297.60 Td (equivalents, and amounts generally described as restricted cash or restricted cash equivalents. ) Tj ET Q q 0 0 0 rg BT 425.48 297.60 Td (ASU 2016-18 was ef) Tj ET Q q 0 0 0 rg BT 509.45 297.60 Td (fective for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 285.60 Td (the Company beginning fiscal year 2018 and changed the presentation of the condensed consolidated statements of cash flows ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 273.60 Td (to now include restricted cash and cash equivalents as well as previously reported cash and cash equivalents in reconciling the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 261.60 Td (period change. ) Tj ET Q q 0 0 0 rg BT 113.18 261.60 Td (The Company adopted ) Tj ET Q q 0 0 0 rg BT 206.22 261.60 Td (ASU 2016-18 using a retrospective transition method. ) Tj ET Q q 0 0 0 rg BT 427.39 261.60 Td (The following table provides a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 249.60 Td (reconciliation of the cash, cash equivalents, and restricted cash balances as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.59 249.60 Td (December29, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.18 249.60 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.18 249.60 Td (December30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.76 249.60 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 237.60 Td (December31, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.08 237.60 Td ( that are presented in the condensed consolidated statement of cash flows \(in thousands\): ) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 71.75 203.10 189.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 260.75 203.10 97.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 357.75 203.10 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 362.75 203.10 97.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 459.75 203.10 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 464.75 203.10 97.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 71.75 163.10 189.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 260.75 163.10 97.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 357.75 163.10 5.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 362.75 163.10 97.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 459.75 163.10 5.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 464.75 163.10 97.00 -25.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 260.75 203.10000000000002 m 357.75 203.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.75 203.10000000000002 m 362.75 203.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 362.75 203.10000000000002 m 459.75 203.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459.75 203.10000000000002 m 464.75 203.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 464.75 203.10000000000002 m 561.75 203.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 260.75 203.10000000000002 m 357.75 203.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.75 203.10000000000002 m 362.75 203.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 362.75 203.10000000000002 m 459.75 203.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459.75 203.10000000000002 m 464.75 203.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 464.75 203.10000000000002 m 561.75 203.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.75 138.10000000000002 m 362.75 138.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 362.75 138.10000000000002 m 459.75 138.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459.75 138.10000000000002 m 464.75 138.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 464.75 138.10000000000002 m 561.75 138.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 260.75 138.10000000000002 m 357.75 138.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 260.75 124.10000000000002 m 357.75 124.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 260.75 122.10000000000002 m 357.75 122.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.75 138.10000000000002 m 362.75 138.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.75 124.10000000000002 m 362.75 124.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.75 122.10000000000002 m 362.75 122.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 362.75 138.10000000000002 m 459.75 138.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 362.75 124.10000000000002 m 459.75 124.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 362.75 122.10000000000002 m 459.75 122.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459.75 138.10000000000002 m 464.75 138.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459.75 124.10000000000002 m 464.75 124.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459.75 122.10000000000002 m 464.75 122.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 464.75 138.10000000000002 m 561.75 138.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 464.75 124.10000000000002 m 561.75 124.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 464.75 122.10000000000002 m 561.75 122.10000000000002 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 276.50 207.33 Td (December) Tj ET Q q 0 0 0 rg BT 311.07 207.33 Td ( 29, 2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 378.50 207.33 Td (December) Tj ET Q q 0 0 0 rg BT 413.07 207.33 Td ( 30, 2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 480.50 207.33 Td (December) Tj ET Q q 0 0 0 rg BT 515.00 207.33 Td ( 31, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.25 192.77 Td (Cash and cash equivalents) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 263.25 192.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.40 192.77 Td (403,373) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.25 192.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.40 192.77 Td (231,244) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.25 192.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.40 192.77 Td (297,330) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.25 177.77 Td (Restricted cash included in prepaid expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.25 167.77 Td (and other current assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.90 167.77 Td (31) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.90 167.77 Td (34) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.90 167.77 Td (32) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.25 152.77 Td (Restricted cash included in intangible and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.25 142.77 Td (other assets-net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.40 142.77 Td (7,479) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.90 142.77 Td (377) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.90 142.77 Td (500) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.25 127.77 Td (Cash, cash equivalents and restricted cash) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 263.25 127.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.40 127.77 Td (410,883) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.25 127.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.40 127.77 Td (231,655) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.25 127.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.40 127.77 Td (297,862) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 102.60 Td (In February 2018, the F) Tj ET Q q 0 0 0 rg BT 165.96 102.60 Td (ASB issued ) Tj ET Q q 0 0 0 rg BT 214.87 102.60 Td (ASU 2018-02, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 275.70 102.60 Td (Income Statement-Reporting Compr) Tj ET Q q 0 0 0 rg BT 420.30 102.60 Td (ehensive Income \(T) Tj ET Q q 0 0 0 rg BT 497.13 102.60 Td (opic 220\): ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 90.60 Td (Reclassification of Certain T) Tj ET Q q 0 0 0 rg BT 163.86 90.60 Td (ax Effects fr) Tj ET Q q 0 0 0 rg BT 211.80 90.60 Td (om ) Tj ET Q q 0 0 0 rg BT 226.35 90.60 Td (Accumulated Other Compr) Tj ET Q q 0 0 0 rg BT 334.29 90.60 Td (ehensive Income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.64 90.60 Td ( \("ASU 2018-02"\). ) Tj ET Q q 0 0 0 rg BT 478.62 90.60 Td (The guidance allows ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 78.60 Td (reclassification from accumulated other comprehensive income to retained earnings for stranded tax ef) Tj ET Q q 0 0 0 rg BT 459.71 78.60 Td (fects resulting from the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 66.60 Td (application of the U.S. ) Tj ET Q q 0 0 0 rg BT 142.08 66.60 Td (T) Tj ET Q q 0 0 0 rg BT 147.49 66.60 Td (ax Cuts and Jobs ) Tj ET Q q 0 0 0 rg BT 216.94 66.60 Td (Act. ) Tj ET Q q 0 0 0 rg BT 236.19 66.60 Td (The guidance is ef) Tj ET Q q 0 0 0 rg BT 309.59 66.60 Td (fective for annual and interim reporting periods beginning ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 54.60 Td (after December 15, 2018 with early adoption permitted. ) Tj ET Q q 0 0 0 rg BT 274.80 54.60 Td (The Company elected to early adopt this guidance during the fourth ) Tj ET Q endstream endobj 117 0 obj <>] /Rotate 0 /Contents 118 0 R>> endobj 118 0 obj <> stream BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.39 w 0 i [] 0 d 1 J 1 j 3 M 50 772.93359375 m 106.76171875 772.93359375 l s q 0 0 1 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 1 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET q 0 0 0 rg BT 256.70 754.00 Td (FOSSIL) Tj ET Q q 0 0 0 rg BT 291.72 754.00 Td ( GROUP) Tj ET Q q 0 0 0 rg BT 329.41 754.00 Td (,INC.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 148.20 734.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 184.42 734.00 Td (T) Tj ET Q q 0 0 0 rg BT 190.91 734.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 261.01 734.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 340.19 734.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 354.18 734.00 Td (A) Tj ET Q q 0 0 0 rg BT 360.66 734.00 Td (TEMENTS \(Continued\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (55) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 690.60 Td (quarter of fiscal year 2018, resulting in the reclassification of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.36 690.60 Td ($2.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.25 690.60 Td ( of stranded tax ef) Tj ET Q q 0 0 0 rg BT 417.26 690.60 Td (fects from accumulated other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 678.60 Td (comprehensive income to retained earnings. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 657.60 Td (The following provisions, which had no material impact on the Company) Tj ET Q q 0 0 0 rg BT 368.33 657.60 Td (s financial position, results of operations or cash ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 645.60 Td (flows, were also adopted ef) Tj ET Q q 0 0 0 rg BT 159.00 645.60 Td (fective the first quarter of fiscal year 2018:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 624.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 624.60 Td (ASU 2018-03, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 146.33 624.60 Td (T) Tj ET Q q 0 0 0 rg BT 150.98 624.60 Td (echnical Corr) Tj ET Q q 0 0 0 rg BT 206.43 624.60 Td (ections and Impr) Tj ET Q q 0 0 0 rg BT 273.83 624.60 Td (ovements to Financial Instruments-Overall \(Subtopic 825-10\): ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 85.50 612.60 Td (Recognition and Measur) Tj ET Q q 0 0 0 rg BT 184.00 612.60 Td (ement of Financial ) Tj ET Q q 0 0 0 rg BT 261.86 612.60 Td (Assets and Financial Liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 591.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 591.60 Td (ASU 2017-09, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 146.33 591.60 Td (Compensation-Stock Compensation \(T) Tj ET Q q 0 0 0 rg BT 299.85 591.60 Td (opic 718\): Scope of Modification ) Tj ET Q q 0 0 0 rg BT 434.36 591.60 Td (Accounting) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 570.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 570.60 Td (ASU 2017-01, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 146.33 570.60 Td (Business Combinations \(T) Tj ET Q q 0 0 0 rg BT 250.43 570.60 Td (opic 805\): Clarifying the Definition of a Business) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 549.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 549.60 Td (ASU 2016-16,) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 143.83 549.60 Td ( Income T) Tj ET Q q 0 0 0 rg BT 182.91 549.60 Td (axes \(T) Tj ET Q q 0 0 0 rg BT 211.15 549.60 Td (opic 740\): Intra-Entity T) Tj ET Q q 0 0 0 rg BT 309.75 549.60 Td (ransfers of ) Tj ET Q q 0 0 0 rg BT 355.13 549.60 Td (Assets Other Than Inventory) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 72.00 528.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 528.60 Td (ASU 2016-15, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 146.33 528.60 Td (Statement of Cash Flows) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 246.06 528.60 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 248.56 528.60 Td (\(T) Tj ET Q q 0 0 0 rg BT 256.53 528.60 Td (opic 230\): Classification of Certain Cash Receipts and Cash Payments) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 72.00 507.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 507.60 Td (ASU 2016-04, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 146.33 507.60 Td (LiabilitiesExtinguishments of Liabilities \(Subtopic 405-20\)- Recognition of Br) Tj ET Q q 0 0 0 rg BT 466.77 507.60 Td (eakage for Certain ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 85.50 495.60 Td (Pr) Tj ET Q q 0 0 0 rg BT 95.13 495.60 Td (epaid Stor) Tj ET Q q 0 0 0 rg BT 136.14 495.60 Td (ed-V) Tj ET Q q 0 0 0 rg BT 153.91 495.60 Td (alue Pr) Tj ET Q q 0 0 0 rg BT 183.26 495.60 Td (oducts) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 453.60 Td (2. REVENUE) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 432.60 Td (The Company) Tj ET Q q 0 0 0 rg BT 131.71 432.60 Td (s revenue consists of sales of finished products to customers through wholesale and retail channels. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 420.60 Td (Revenue from the sale of products, including those that are subject to inventory consignment agreements, is recognized when ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 408.60 Td (control of the product is transferred to the customer and in an amount that reflects the consideration the Company expects to be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 396.60 Td (entitled in exchange for the product. ) Tj ET Q q 0 0 0 rg BT 197.27 396.60 Td (The Company generally considers control to transfer either when products ship or when ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 384.60 Td (products are delivered depending on the shipping terms in the agreement or purchase order) Tj ET Q q 0 0 0 rg BT 412.93 384.60 Td (. ) Tj ET Q q 0 0 0 rg BT 417.75 384.60 Td (The Company considers control to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 372.60 Td (have transferred upon shipment or delivery because the Company has a present right to payment, the customer has legal title to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 360.60 Td (the product, the Company has transferred physical possession of the product, and the customer has the significant risks and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 348.60 Td (rewards of the product. ) Tj ET Q q 0 0 0 rg BT 145.06 348.60 Td (T) Tj ET Q q 0 0 0 rg BT 150.47 348.60 Td (axes imposed by governmental authorities on the Company's revenue-producing activities with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 336.60 Td (customers, such as sales taxes and value added taxes, are excluded from net sales. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 315.60 Td (The following tables summarize the impact of adopting ) Tj ET Q q 0 0 0 rg BT 295.83 315.60 Td (ASU 2014-09 on the Company's consolidated balance sheets as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 303.60 Td (December29, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.58 303.60 Td ( and the Company's condensed consolidated statements of income \(loss\) and comprehensive income \(loss\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 291.60 Td (for fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.02 291.60 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.02 291.60 Td ( \(in thousands\): ) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 71.50 235.10 180.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 251.50 235.10 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 235.10 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.50 235.10 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.50 235.10 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 235.10 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 71.50 205.10 180.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 251.50 205.10 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 205.10 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.50 205.10 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.50 205.10 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 205.10 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 71.50 175.10 180.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 251.50 175.10 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 175.10 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.50 175.10 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.50 175.10 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 175.10 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 71.50 145.10 180.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 251.50 145.10 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 145.10 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.50 145.10 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.50 145.10 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 145.10 100.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 251.5 257.1 m 351.5 257.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 257.1 m 356.5 257.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 356.5 257.1 m 456.5 257.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456.5 257.1 m 461.5 257.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 257.1 m 561.5 257.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 251.5 257.1 m 351.5 257.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 251.5 235.10000000000002 m 351.5 235.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 257.1 m 356.5 257.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 356.5 257.1 m 456.5 257.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 356.5 235.10000000000002 m 456.5 235.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456.5 257.1 m 461.5 257.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 257.1 m 561.5 257.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 235.10000000000002 m 561.5 235.10000000000002 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 373.75 261.33 Td (December) Tj ET Q q 0 0 0 rg BT 408.25 261.33 Td ( 29, 2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 276.85 239.55 Td (As Reported) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 366.30 248.50 Td (W) Tj ET Q q 0 0 0 rg BT 375.22 248.50 Td (ithout ) Tj ET Q q 0 0 0 rg BT 400.14 248.50 Td (Adoption of) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 380.85 239.50 Td (ASU 2014-09) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 468.60 248.50 Td (Impact of ) Tj ET Q q 0 0 0 rg BT 507.60 248.50 Td (Adoption of) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 485.85 239.50 Td (ASU 2014-09) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 74.00 224.55 Td (Assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.00 210.67 Td (Accounts receivable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.00 209.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.15 209.77 Td (328,022) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.00 209.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.15 209.77 Td (301,217) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.00 209.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 209.77 Td (26,805) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.00 195.67 Td (Inventories) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.15 194.77 Td (377,622) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.15 194.77 Td (401,317) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.80 194.82 Td (\(23,695) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 194.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.00 180.67 Td (Prepaid expenses and other current assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.15 179.77 Td (149,552) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.15 179.77 Td (126,043) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 179.77 Td (23,509) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 74.00 164.55 Td (Liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 149.77 Td (Accrued expenses:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.00 135.67 Td (Customer liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.00 134.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.15 134.77 Td (71,252) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.00 134.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.15 134.77 Td (25,780) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.00 134.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 134.77 Td (45,472) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 119 0 obj <>] /Rotate 0 /Contents 120 0 R>> endobj 120 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (56) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 111.50 710.50 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 211.50 710.50 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 311.50 710.50 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 316.50 710.50 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 710.50 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 710.50 100.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 211.5 733.5 m 311.5 733.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311.5 733.5 m 316.5 733.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 316.5 733.5 m 416.5 733.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 733.5 m 421.5 733.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.5 733.5 m 521.5 733.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 211.5 733.5 m 311.5 733.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 211.5 710.5 m 311.5 710.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311.5 733.5 m 316.5 733.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 316.5 733.5 m 416.5 733.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 316.5 710.5 m 416.5 710.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 733.5 m 421.5 733.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.5 733.5 m 521.5 733.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.5 710.5 m 521.5 710.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 211.5 710.5 m 311.5 710.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 316.5 710.5 m 416.5 710.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.5 710.5 m 521.5 710.5 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 333.75 737.73 Td (December) Tj ET Q q 0 0 0 rg BT 368.25 737.73 Td ( 29, 2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 236.85 714.95 Td (As Reported) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 326.30 723.95 Td (W) Tj ET Q q 0 0 0 rg BT 335.22 723.95 Td (ithout ) Tj ET Q q 0 0 0 rg BT 360.14 723.95 Td (Adoption of) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 340.85 714.95 Td (ASU 2014-09) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 428.60 723.95 Td (Impact of ) Tj ET Q q 0 0 0 rg BT 467.60 723.95 Td (Adoption of) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 445.85 714.95 Td (ASU 2014-09) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 114.00 701.07 Td (Net sales) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 214.00 700.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.65 700.17 Td (2,541,488) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.00 700.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.65 700.17 Td (2,551,962) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.00 700.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.80 700.22 Td (\(10,474) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.65 700.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 114.00 686.07 Td (Cost of sales) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.65 685.17 Td (1,201,351) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.65 685.17 Td (1,201,165) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.65 685.17 Td (186) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 660.00 Td (Markdowns.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.17 660.00 Td ( ) Tj ET Q q 0 0 0 rg BT 128.49 660.00 Td (The Company provides markdowns to certain customers in order to facilitate sales of select styles. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 648.00 Td (Markdowns are estimated at the time of sale using historical data and are recorded as a reduction to revenue. Prior to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 636.00 Td (adoption of ) Tj ET Q q 0 0 0 rg BT 97.77 636.00 Td (ASU 2014-09, markdowns were not recorded until agreed upon with the customer) Tj ET Q q 0 0 0 rg BT 426.03 636.00 Td (. ) Tj ET Q q 0 0 0 rg BT 430.85 636.00 Td (The Company's policy is to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 624.00 Td (record its markdown allowance as a reduction of accounts receivable.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 603.00 Td (Returns. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.94 603.00 Td (The Company accepts limited returns and may request that a customer return a product if the customer has an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 591.00 Td (excess of any style that the Company has identified as being a poor performer for that customer or geographic location. ) Tj ET Q q 0 0 0 rg BT 529.39 591.00 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 579.00 Td (Company continually monitors returns and maintains a provision for estimated returns based upon historical experience and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 567.00 Td (any specific issues identified. Product returns are accounted for as reductions to revenue, cost of sales, customer liabilities and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 555.00 Td (an increase to other current assets to the extent the returned product is resalable. ) Tj ET Q q 0 0 0 rg BT 372.19 555.00 Td (While returns have historically been within ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 543.00 Td (management's expectations and the provisions established, future return rates may dif) Tj ET Q q 0 0 0 rg BT 391.80 543.00 Td (fer from those experienced in the past. In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 531.00 Td (the event that the Company's products are performing poorly in the retail market and/or it experiences product damages or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 519.00 Td (defects at a rate significantly higher than the historical rate, the resulting returns could have an adverse impact on the operating ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 507.00 Td (results for the period or periods in which such returns occur) Tj ET Q q 0 0 0 rg BT 288.27 507.00 Td (. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 486.00 Td (Cooperative ) Tj ET Q q 0 0 0 rg BT 126.16 486.00 Td (Advertising. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 181.16 486.00 Td (The Company participates in cooperative advertising programs with its major retail customers, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 474.00 Td (whereby the Company shares the cost of certain of their advertising and promotional expenses. Certain advertising expenses ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 462.00 Td (that were previously recorded in SG&A) Tj ET Q q 0 0 0 rg BT 209.13 462.00 Td ( are now recorded as a sales discount due to the requirement under ) Tj ET Q q 0 0 0 rg BT 477.08 462.00 Td (ASU 2014-09 that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 450.00 Td (the service be considered distinct to qualify as a separate performance obligation. ) Tj ET Q q 0 0 0 rg BT 377.38 450.00 Td (All other cooperative advertising expenses ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 438.00 Td (continue to be recorded in SG&A. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 417.00 Td (Multiple Performance Obligations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 221.15 417.00 Td ( ) Tj ET Q q 0 0 0 rg BT 225.96 417.00 Td (The Company enters into contracts with customers for its wearable technology that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 405.00 Td (includes multiple performance obligations. Each distinct performance obligation was determined by whether the customer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 393.00 Td (could benefit from the good or service on its own or together with readily available resources. ) Tj ET Q q 0 0 0 rg BT 427.75 393.00 Td (The Company allocates revenue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 381.00 Td (to each performance obligation based on its relative standalone selling price. ) Tj ET Q q 0 0 0 rg BT 358.60 381.00 Td (The Company) Tj ET Q q 0 0 0 rg BT 418.31 381.00 Td (s process for determining ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 369.00 Td (standalone selling price considers multiple factors including the Company) Tj ET Q q 0 0 0 rg BT 349.38 369.00 Td (s internal pricing model and market trends that may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 357.00 Td (vary depending upon the facts and circumstances related to each performance obligation. Revenue allocated to the hardware ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 345.00 Td (and software essential to the functionality of the product represents the majority of the arrangement consideration and is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 333.00 Td (recognized at the time of product delivery) Tj ET Q q 0 0 0 rg BT 217.06 333.00 Td (, provided the other conditions for revenue recognition have been met. Revenue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 321.00 Td (allocated to free software services provided through the Company's online dashboard and mobile apps as well as revenue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 309.00 Td (allocated to the right to receive future unspecified software updates is deferred and recognized on a straight-line basis over the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 297.00 Td (product's estimated usage period of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 193.71 297.00 Td (two) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 208.71 297.00 Td ( years.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 276.00 Td (Disaggr) Tj ET Q q 0 0 0 rg BT 105.15 276.00 Td (egation of Revenue. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 193.75 276.00 Td (The Company's revenue disaggregated by major product category and timing of revenue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 264.00 Td (recognition was as follows \(in thousands\): ) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 79.50 214.50 163.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 242.50 214.50 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 301.50 214.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 305.50 214.50 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 363.50 214.50 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.50 214.50 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 214.50 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 431.50 214.50 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.50 214.50 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 214.50 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 79.50 184.50 163.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 242.50 184.50 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 301.50 184.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 305.50 184.50 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 363.50 184.50 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.50 184.50 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 184.50 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 431.50 184.50 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.50 184.50 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 184.50 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 79.50 154.50 163.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 242.50 154.50 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 301.50 154.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 305.50 154.50 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 363.50 154.50 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.50 154.50 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 154.50 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 431.50 154.50 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.50 154.50 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 154.50 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 79.50 124.50 163.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 242.50 124.50 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 301.50 124.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 305.50 124.50 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 363.50 124.50 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.50 124.50 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 124.50 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 431.50 124.50 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.50 124.50 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 124.50 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 79.50 94.50 163.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 242.50 94.50 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 301.50 94.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 305.50 94.50 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 363.50 94.50 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.50 94.50 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 94.50 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 431.50 94.50 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.50 94.50 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 94.50 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 79.50 64.50 163.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 242.50 64.50 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 301.50 64.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 305.50 64.50 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 363.50 64.50 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.50 64.50 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 64.50 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 431.50 64.50 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.50 64.50 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 64.50 59.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 242.5 229.5 m 301.5 229.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 301.5 229.5 m 305.5 229.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 305.5 229.5 m 363.5 229.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 363.5 229.5 m 368.5 229.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 229.5 m 426.5 229.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 229.5 m 431.5 229.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 431.5 229.5 m 489.5 229.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 229.5 m 494.5 229.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494.5 229.5 m 553.5 229.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 242.5 214.5 m 301.5 214.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 305.5 214.5 m 363.5 214.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 214.5 m 426.5 214.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 431.5 214.5 m 489.5 214.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 214.5 m 494.5 214.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494.5 214.5 m 553.5 214.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 305.5 139.5 m 363.5 139.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 242.5 139.5 m 301.5 139.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 242.5 125.5 m 301.5 125.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 242.5 123.5 m 301.5 123.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 301.5 139.5 m 305.5 139.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 301.5 125.5 m 305.5 125.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 301.5 123.5 m 305.5 123.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 305.5 139.5 m 363.5 139.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 305.5 125.5 m 363.5 125.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 305.5 123.5 m 363.5 123.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 363.5 139.5 m 368.5 139.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 363.5 125.5 m 368.5 125.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 363.5 123.5 m 368.5 123.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 139.5 m 426.5 139.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 125.5 m 426.5 125.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 123.5 m 426.5 123.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 139.5 m 431.5 139.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 125.5 m 431.5 125.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 123.5 m 431.5 123.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 431.5 139.5 m 489.5 139.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 431.5 125.5 m 489.5 125.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 431.5 123.5 m 489.5 123.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 139.5 m 494.5 139.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 125.5 m 494.5 125.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 123.5 m 494.5 123.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494.5 139.5 m 553.5 139.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494.5 125.5 m 553.5 125.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494.5 123.5 m 553.5 123.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 242.5 64.5 m 301.5 64.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 242.5 50.5 m 301.5 50.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 242.5 48.5 m 301.5 48.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 301.5 64.5 m 305.5 64.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 301.5 50.5 m 305.5 50.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 301.5 48.5 m 305.5 48.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 305.5 64.5 m 363.5 64.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 305.5 50.5 m 363.5 50.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 305.5 48.5 m 363.5 48.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 363.5 64.5 m 368.5 64.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 363.5 50.5 m 368.5 50.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 363.5 48.5 m 368.5 48.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 64.5 m 426.5 64.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 50.5 m 426.5 50.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 48.5 m 426.5 48.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 64.5 m 431.5 64.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 50.5 m 431.5 50.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 48.5 m 431.5 48.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 431.5 64.5 m 489.5 64.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 431.5 50.5 m 489.5 50.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 431.5 48.5 m 489.5 48.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 64.5 m 494.5 64.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 50.5 m 494.5 50.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 48.5 m 494.5 48.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494.5 64.5 m 553.5 64.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494.5 50.5 m 553.5 50.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494.5 48.5 m 553.5 48.5 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 362.75 234.18 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 390.06 234.18 Td (Y) Tj ET Q q 0 0 0 rg BT 396.54 234.18 Td (ear) Tj ET Q q 0 0 0 rg BT 409.77 234.18 Td ( 2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 251.20 219.18 Td (Americas) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 318.25 219.18 Td (Eur) Tj ET Q q 0 0 0 rg BT 334.83 219.18 Td (ope) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 387.55 219.18 Td (Asia) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 437.75 219.18 Td (Corporate) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 512.55 219.18 Td (T) Tj ET Q q 0 0 0 rg BT 518.30 219.18 Td (otal) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 82 202.83339843750002 m 135.2763671875 202.83339843750002 l s q 0 0 0 rg BT 82.00 204.17 Td (Product ) Tj ET Q q 0 0 0 rg BT 115.52 204.17 Td (T) Tj ET Q q 0 0 0 rg BT 121.19 204.17 Td (ype) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 82.00 189.17 Td (W) Tj ET Q q 0 0 0 rg BT 91.04 189.17 Td (atches) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 245.00 189.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 265.15 189.17 Td (936,875) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.00 189.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.15 189.17 Td (656,948) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.00 189.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.15 189.17 Td (439,029) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.00 189.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.65 189.17 Td (169) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.00 189.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.60 189.17 Td (2,033,021) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 82.00 174.17 Td (Leathers) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 265.15 174.17 Td (171,808) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.15 174.17 Td (67,264) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.15 174.17 Td (50,313) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.65 174.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.15 174.17 Td (289,385) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 82.00 159.17 Td (Jewelry) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.15 159.17 Td (50,266) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.15 159.17 Td (1) Tj ET Q q 0 0 0 rg BT 332.15 159.17 Td (1) Tj ET Q q 0 0 0 rg BT 337.15 159.17 Td (1,603) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.15 159.17 Td (5,906) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.65 159.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.15 159.17 Td (167,775) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 82.00 144.17 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.15 144.17 Td (15,558) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.15 144.17 Td (20,476) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.15 144.17 Td (10,225) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.15 144.17 Td (5,048) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.15 144.17 Td (51,307) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 82.00 129.17 Td (Consolidated) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 245.00 129.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 257.60 129.17 Td (1,174,507) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.00 129.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.15 129.17 Td (856,291) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.00 129.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.15 129.17 Td (505,473) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.00 129.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.15 129.17 Td (5,217) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.00 129.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.60 129.17 Td (2,541,488) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 82 97.83339843750002 m 210.7890625 97.83339843750002 l s q 0 0 0 rg BT 82.00 99.17 Td (T) Tj ET Q q 0 0 0 rg BT 87.76 99.17 Td (iming of Revenue Recognition) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 82.00 84.17 Td (Revenue recognized at a point in time) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 245.00 84.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 257.60 84.17 Td (1,172,200) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.00 84.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.15 84.17 Td (855,219) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.00 84.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.15 84.17 Td (504,956) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.00 84.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.15 84.17 Td (4,477) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.00 84.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.60 84.17 Td (2,536,852) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 82.00 69.17 Td (Revenue recognized over time) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 275.15 69.17 Td (2,307) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.15 69.17 Td (1,072) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.65 69.17 Td (517) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.65 69.17 Td (740) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.15 69.17 Td (4,636) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 82.00 54.17 Td (Consolidated) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 245.00 54.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 257.60 54.17 Td (1,174,507) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.00 54.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.15 54.17 Td (856,291) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.00 54.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.15 54.17 Td (505,473) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.00 54.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.15 54.17 Td (5,217) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.00 54.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.60 54.17 Td (2,541,488) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 121 0 obj <>] /Rotate 0 /Contents 122 0 R>> endobj 122 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (57) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.00 742.25 Td (Practical Expedients and Contract Balances.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.26 742.25 Td ( ) Tj ET Q q 0 0 0 rg BT 266.71 742.25 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.16 742.25 Td (December29, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.74 742.25 Td (, the Company had ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.78 742.25 Td (no) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.78 742.25 Td ( material contract assets ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.25 Td (on the consolidated balance sheets and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 207.17 730.25 Td (no) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 217.17 730.25 Td ( deferred contract costs. ) Tj ET Q q 0 0 0 rg BT 315.00 730.25 Td (The Company had contract liabilities of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.62 730.25 Td ($21.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.51 730.25 Td ( as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.25 Td (December29, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.58 718.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 148.02 718.25 Td (no) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 158.02 718.25 Td ( contract liabilities as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 256.60 718.25 Td (December30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 335.19 718.25 Td ( related to remaining performance obligations on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.25 Td (licensing income, contract liabilities of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 208.29 706.25 Td ($6.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 257.18 706.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 276.62 706.25 Td ($4.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 325.51 706.25 Td ( as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.67 706.25 Td (December29, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.25 706.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.69 706.25 Td (December30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.27 706.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.25 Td (respectively) Tj ET Q q 0 0 0 rg BT 97.66 694.25 Td (, primarily related to remaining performance obligations on wearable technology products and contract liabilities of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.25 Td ($3.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.89 682.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 118.33 682.25 Td ($7.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 167.22 682.25 Td ( as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 191.38 682.25 Td (December29, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.97 682.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.40 682.25 Td (December30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.99 682.25 Td (, respectively) Tj ET Q q 0 0 0 rg BT 420.65 682.25 Td (, related to gift cards issued. ) Tj ET Q q 0 0 0 rg BT 535.43 682.25 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.25 Td (Company has also elected to adopt the practical expedient related to shipping and handling fees which allows the Company to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.25 Td (account for shipping and handling activities that occur after control of the related good transfers as fulfillment activities instead ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.25 Td (of assessing such activities as performance obligations.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 625.25 Td (3. Goodwill) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 73.50 604.25 Td (Goodwill.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 114.90 604.25 Td (In fiscal year 2017, the Company determined goodwill was fully impaired. ) Tj ET Q q 0 0 0 rg BT 426.03 604.25 Td (The changes in the carrying ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 592.25 Td (amount of goodwill were as follows \(in thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 559.75 260.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 310.00 559.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 370.00 559.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.00 559.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.00 559.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.00 559.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 559.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.00 559.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 529.75 260.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 310.00 529.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 370.00 529.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.00 529.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.00 529.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.00 529.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 529.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.00 529.75 60.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310 559.75 m 370 559.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374 559.75 m 434 559.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438 559.75 m 498 559.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 559.75 m 562 559.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310 559.75 m 370 559.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374 559.75 m 434 559.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438 559.75 m 498 559.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 559.75 m 562 559.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310 514.75 m 370 514.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310 500.75 m 370 500.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310 498.75 m 370 498.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 514.75 m 374 514.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 499.75 m 374 499.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374 514.75 m 434 514.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374 500.75 m 434 500.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374 498.75 m 434 498.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 514.75 m 438 514.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 499.75 m 438 499.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438 514.75 m 498 514.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438 500.75 m 498 500.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438 498.75 m 498 498.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 514.75 m 502 514.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 499.75 m 502 499.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 514.75 m 562 514.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 500.75 m 562 500.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 498.75 m 562 498.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 323.25 563.98 Td (Americas) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 390.90 563.98 Td (Eur) Tj ET Q q 0 0 0 rg BT 404.16 563.98 Td (ope) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 459.90 563.98 Td (Asia) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 522.75 563.98 Td (T) Tj ET Q q 0 0 0 rg BT 527.35 563.98 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 549.42 Td (Balance at December 31, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.50 549.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 333.65 549.42 Td (202,187) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.50 549.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.65 549.42 Td (1) Tj ET Q q 0 0 0 rg BT 402.65 549.42 Td (10,291) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.50 549.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.65 549.42 Td (42,785) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.50 549.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.65 549.42 Td (355,263) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 534.42 Td (Foreign currency changes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.15 534.42 Td (162) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.65 534.42 Td (3,983) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.15 534.42 Td (85) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 534.42 Td (4,230) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 519.42 Td (Impairment char) Tj ET Q q 0 0 0 rg BT 118.77 519.42 Td (ges) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 330.30 519.47 Td (\(202,349) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.15 519.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.30 519.47 Td (\(1) Tj ET Q q 0 0 0 rg BT 402.63 519.47 Td (14,274) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.15 519.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.30 519.47 Td (\(42,870) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.15 519.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.30 519.47 Td (\(359,493) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 519.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 504.42 Td (Balance at December 30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.50 504.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.15 504.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.50 504.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.15 504.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.50 504.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.15 504.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.50 504.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 504.42 Td () Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 485.25 Td (4. Inventories) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 464.25 Td (Inventories consisted of the following \(in thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 440.75 378.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.00 440.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.00 440.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.00 440.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 410.75 378.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.00 410.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.00 410.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.00 410.75 65.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428 440.75 m 493 440.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497 440.75 m 562 440.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428 440.75 m 493 440.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497 440.75 m 562 440.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428 395.75 m 493 395.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428 381.75 m 493 381.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428 379.75 m 493 379.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497 395.75 m 562 395.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497 381.75 m 562 381.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497 379.75 m 562 379.75 l s BT /F2 8.00 Tf ET 0 0 0 RG /GS0 gs 0.76 w 0 i [] 0 d 1 J 1 j 3 M 52.5 443.730078125 m 116.72265625 443.730078125 l s q 0 0 0 rg BT 52.50 444.98 Td (At Fiscal ) Tj ET Q q 0 0 0 rg BT 84.64 444.98 Td (Y) Tj ET Q q 0 0 0 rg BT 89.53 444.98 Td (ear) Tj ET Q q 0 0 0 rg BT 100.49 444.98 Td ( End) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 452.00 444.98 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 521.00 444.98 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 430.42 Td (Components and parts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.50 430.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.65 430.42 Td (28,183) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.50 430.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.65 430.42 Td (52,837) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 415.42 Td (W) Tj ET Q q 0 0 0 rg BT 61.54 415.42 Td (ork-in-process) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.65 415.42 Td (9,458) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.65 415.42 Td (15,983) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 400.42 Td (Finished goods) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.65 400.42 Td (339,981) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.65 400.42 Td (504,968) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 385.42 Td (Inventories) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.50 385.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.65 385.42 Td (377,622) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.50 385.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.65 385.42 Td (573,788) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 360.25 Td (5. ) Tj ET Q q 0 0 0 rg BT 59.82 360.25 Td (W) Tj ET Q q 0 0 0 rg BT 69.27 360.25 Td (arranty Liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 339.25 Td (The Company's warranty liabilities are primarily related to watch products and are included in accrued expensesother ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 327.25 Td (in the consolidated balance sheets. ) Tj ET Q q 0 0 0 rg BT 190.33 327.25 Td (The Company's watch products are covered by limited warranties against defects in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 315.25 Td (materials or workmanship. Historically) Tj ET Q q 0 0 0 rg BT 205.98 315.25 Td (, the Company's FOSSIL) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 306.12 319.78 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.06 315.25 Td ( and RELIC) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 359.39 319.78 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.32 315.25 Td ( watch products sold in the U.S. have been ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 303.25 Td (covered for warranty periods of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 179.11 303.25 Td (1) Tj ET Q q 0 0 0 rg BT 183.74 303.25 Td (1 years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 212.34 303.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.78 303.25 Td (12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 241.78 303.25 Td ( years, respectively) Tj ET Q q 0 0 0 rg BT 318.04 303.25 Td (, and SKAGEN brand watches have been covered by a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 291.25 Td (lifetime warranty) Tj ET Q q 0 0 0 rg BT 118.49 291.25 Td (. Beginning in 2017, these brands are covered by a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 325.93 291.25 Td (two) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.93 291.25 Td ( year warranty) Tj ET Q q 0 0 0 rg BT 398.02 291.25 Td (. Generally) Tj ET Q q 0 0 0 rg BT 441.80 291.25 Td (, all other products sold in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 279.25 Td (U.S. and internationally are covered by a comparable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 265.47 279.25 Td (one) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.91 279.25 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.69 279.25 Td (two) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.69 279.25 Td ( year warranty) Tj ET Q q 0 0 0 rg BT 364.78 279.25 Td (. ) Tj ET Q q 0 0 0 rg BT 369.60 279.25 Td (The Company's warranty liability is estimated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 267.25 Td (using historical warranty repair expense. ) Tj ET Q q 0 0 0 rg BT 214.39 267.25 Td (As changes occur in sales volumes and warranty costs, the warranty accrual is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 255.25 Td (adjusted as necessary) Tj ET Q q 0 0 0 rg BT 134.87 255.25 Td (. Due to the nature of connected products, their warranty costs are usually more than traditional products. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 243.25 Td (A) Tj ET Q q 0 0 0 rg BT 56.67 243.25 Td ( shift in product mix from traditional to connected products generally results in an increase in the Company's warranty ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 231.25 Td (liabilities. ) Tj ET Q q 0 0 0 rg BT 94.54 231.25 Td (W) Tj ET Q q 0 0 0 rg BT 103.17 231.25 Td (arranty liability activity consisted of the following \(in thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 207.75 309.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 207.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 207.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 207.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 207.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 207.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 177.75 309.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 177.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 177.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 177.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 177.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 177.75 65.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 207.75 m 424.5 207.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 207.75 m 493.5 207.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 207.75 m 562.5 207.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 207.75 m 424.5 207.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 207.75 m 493.5 207.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 207.75 m 562.5 207.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 162.75 m 424.5 162.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 148.75 m 424.5 148.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 146.75 m 424.5 146.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 162.75 m 493.5 162.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 148.75 m 493.5 148.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 146.75 m 493.5 146.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 162.75 m 562.5 162.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 148.75 m 562.5 148.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 146.75 m 562.5 146.75 l s BT /F2 8.00 Tf ET 0 0 0 RG /GS0 gs 0.76 w 0 i [] 0 d 1 J 1 j 3 M 53 210.73007812499998 m 90.619140625 210.73007812499998 l s q 0 0 0 rg BT 53.00 211.98 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 74.70 211.98 Td (Y) Tj ET Q q 0 0 0 rg BT 79.59 211.98 Td (ear) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 383.50 211.98 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 452.50 211.98 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 521.50 211.98 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 197.42 Td (Beginning balance) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.00 197.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.15 197.42 Td (19,405) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 197.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 197.42 Td (15,421) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 197.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 197.42 Td (13,669) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 182.42 Td (Settlements in cash or kind) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.80 182.47 Td (\(15,197) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.65 182.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.80 182.47 Td (\(15,177) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 182.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 182.47 Td (\(9,616) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 182.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 167.42 Td (W) Tj ET Q q 0 0 0 rg BT 61.64 167.42 Td (arranties issued and adjustments to preexisting warranties) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 292.13 171.95 Td (\(1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.15 167.42 Td (18,599) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 167.42 Td (19,161) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 167.42 Td (1) Tj ET Q q 0 0 0 rg BT 536.15 167.42 Td (1,368) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 152.42 Td (Ending balance) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.00 152.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.15 152.42 Td (22,807) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 152.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 152.42 Td (19,405) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 152.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 152.42 Td (15,421) Tj ET Q BT /F1 10.00 Tf ET BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 138.65 Td (____________________________________________) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 50.00 131.18 Td (\(1\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 126.65 Td (Changes in cost estimates related to preexisting warranties are aggregated with accruals for new standard warranties issued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 114.65 Td (and foreign currency changes.) Tj ET Q endstream endobj 123 0 obj <>] /Rotate 0 /Contents 124 0 R>> endobj 124 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (58) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (6. Pr) Tj ET Q q 0 0 0 rg BT 70.37 742.25 Td (epaid Expenses and Other) Tj ET Q q 0 0 0 rg BT 182.15 742.25 Td ( Curr) Tj ET Q q 0 0 0 rg BT 206.13 742.25 Td (ent ) Tj ET Q q 0 0 0 rg BT 221.41 742.25 Td (Assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 721.25 Td (Prepaid expenses and other current assets consisted of the following \(in thousands\): ) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 697.75 378.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 697.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 697.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 697.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 667.75 378.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 667.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 667.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 667.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 637.75 378.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 637.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 637.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 637.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 605.75 378.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 605.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 605.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 605.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 575.75 378.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 575.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 575.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 575.75 65.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 697.75 m 493.5 697.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 697.75 m 562.5 697.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 697.75 m 493.5 697.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 697.75 m 562.5 697.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 560.75 m 493.5 560.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 546.75 m 493.5 546.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 544.75 m 493.5 544.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 560.75 m 562.5 560.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 546.75 m 562.5 546.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 544.75 m 562.5 544.75 l s BT /F2 8.00 Tf ET 0 0 0 RG /GS0 gs 0.76 w 0 i [] 0 d 1 J 1 j 3 M 53 700.730078125 m 117.22265625 700.730078125 l s q 0 0 0 rg BT 53.00 701.98 Td (At Fiscal ) Tj ET Q q 0 0 0 rg BT 85.14 701.98 Td (Y) Tj ET Q q 0 0 0 rg BT 90.03 701.98 Td (ear) Tj ET Q q 0 0 0 rg BT 100.99 701.98 Td ( End) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 452.50 701.98 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 521.50 701.98 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 687.42 Td (Prepaid royalties) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 687.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 687.42 Td (43,074) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 687.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 687.42 Td (19,353) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 672.42 Td (Prepaid taxes and tax receivables) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 672.42 Td (37,587) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 672.42 Td (41,81) Tj ET Q q 0 0 0 rg BT 553.65 672.42 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 657.42 Td (Other receivables) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 657.42 Td (7,092) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 657.42 Td (12,659) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 642.42 Td (Forward contracts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 642.42 Td (9,232) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 642.42 Td (2,291) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 627.42 Td (Inventory returns) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 627.42 Td (23,509) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 627.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 610.42 Td (Prepaid rent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 610.42 Td (7,700) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 610.42 Td (7,763) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 595.42 Td (Property held for sale) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 595.42 Td (1,135) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 595.42 Td (12,273) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 580.42 Td (Short term deposits) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.65 580.42 Td (876) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 580.42 Td (1,679) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 565.42 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 565.42 Td (19,347) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 565.42 Td (21,1) Tj ET Q q 0 0 0 rg BT 548.65 565.42 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 550.42 Td (Prepaid expenses and other current assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 550.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 550.42 Td (149,552) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 550.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 550.42 Td (1) Tj ET Q q 0 0 0 rg BT 531.15 550.42 Td (18,943) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 125 0 obj <>] /Rotate 0 /Contents 126 0 R>> endobj 126 0 obj <> stream BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.39 w 0 i [] 0 d 1 J 1 j 3 M 50 772.93359375 m 106.76171875 772.93359375 l s q 0 0 1 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 1 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET q 0 0 0 rg BT 256.70 754.00 Td (FOSSIL) Tj ET Q q 0 0 0 rg BT 291.72 754.00 Td ( GROUP) Tj ET Q q 0 0 0 rg BT 329.41 754.00 Td (,INC.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 148.20 734.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 184.42 734.00 Td (T) Tj ET Q q 0 0 0 rg BT 190.91 734.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 261.01 734.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 340.19 734.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 354.18 734.00 Td (A) Tj ET Q q 0 0 0 rg BT 360.66 734.00 Td (TEMENTS \(Continued\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (59) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 713.25 Td (7. Pr) Tj ET Q q 0 0 0 rg BT 69.87 713.25 Td (operty) Tj ET Q q 0 0 0 rg BT 97.08 713.25 Td (, Plant and Equipment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 692.25 Td (Property) Tj ET Q q 0 0 0 rg BT 107.29 692.25 Td (, plant and equipmentnet consisted of the following \(in thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 668.75 378.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.00 668.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.00 668.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.00 668.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 638.75 378.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.00 638.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.00 638.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.00 638.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 608.75 378.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.00 608.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.00 608.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.00 608.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 578.75 378.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.00 578.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.00 578.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.00 578.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 548.75 378.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.00 548.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.00 548.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.00 548.75 65.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428 668.75 m 493 668.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497 668.75 m 562 668.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428 668.75 m 493 668.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497 668.75 m 562 668.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428 563.75 m 493 563.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497 563.75 m 562 563.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428 533.75 m 493 533.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428 519.75 m 493 519.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428 517.75 m 493 517.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497 533.75 m 562 533.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497 519.75 m 562 519.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497 517.75 m 562 517.75 l s BT /F2 8.00 Tf ET 0 0 0 RG /GS0 gs 0.76 w 0 i [] 0 d 1 J 1 j 3 M 52.5 671.730078125 m 116.72265625 671.730078125 l s q 0 0 0 rg BT 52.50 672.98 Td (At Fiscal ) Tj ET Q q 0 0 0 rg BT 84.64 672.98 Td (Y) Tj ET Q q 0 0 0 rg BT 89.53 672.98 Td (ear) Tj ET Q q 0 0 0 rg BT 100.49 672.98 Td ( End) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 452.00 672.98 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 521.00 672.98 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 658.42 Td (Land) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.50 658.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.65 658.42 Td (7,736) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.50 658.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 658.42 Td (5,725) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 643.42 Td (Buildings) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.65 643.42 Td (37,766) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.65 643.42 Td (30,887) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 628.42 Td (Machinery and equipment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.65 628.42 Td (39,583) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.65 628.42 Td (41,221) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 613.42 Td (Furniture and fixtures) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.65 613.42 Td (102,141) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.65 613.42 Td (1) Tj ET Q q 0 0 0 rg BT 530.65 613.42 Td (1) Tj ET Q q 0 0 0 rg BT 535.65 613.42 Td (1,641) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 598.42 Td (Computer equipment and software) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.65 598.42 Td (243,490) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.65 598.42 Td (243,199) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 583.42 Td (Leasehold improvements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.65 583.42 Td (198,703) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.65 583.42 Td (214,485) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 568.42 Td (Construction in progress) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.65 568.42 Td (7,103) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 568.42 Td (4,498) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.65 553.42 Td (636,522) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.65 553.42 Td (651,656) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 538.42 Td (Less accumulated depreciation and amortization) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.65 538.42 Td (453,319) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.65 538.42 Td (431,914) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 523.42 Td (Property) Tj ET Q q 0 0 0 rg BT 86.29 523.42 Td (, plant and equipment-net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.50 523.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.65 523.42 Td (183,203) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.50 523.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.65 523.42 Td (219,742) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 127 0 obj <>] /Rotate 0 /Contents 128 0 R>> endobj 128 0 obj <> stream BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.39 w 0 i [] 0 d 1 J 1 j 3 M 50 772.93359375 m 106.76171875 772.93359375 l s q 0 0 1 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 1 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET q 0 0 0 rg BT 256.70 754.00 Td (FOSSIL) Tj ET Q q 0 0 0 rg BT 291.72 754.00 Td ( GROUP) Tj ET Q q 0 0 0 rg BT 329.41 754.00 Td (,INC.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 148.20 734.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 184.42 734.00 Td (T) Tj ET Q q 0 0 0 rg BT 190.91 734.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 261.01 734.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 340.19 734.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 354.18 734.00 Td (A) Tj ET Q q 0 0 0 rg BT 360.66 734.00 Td (TEMENTS \(Continued\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (60) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 713.25 Td (8. Intangible and Other) Tj ET Q q 0 0 0 rg BT 149.89 713.25 Td ( ) Tj ET Q q 0 0 0 rg BT 151.84 713.25 Td (Assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 692.25 Td (Intangible and other assets-net consisted of the following \(in thousands\):) Tj ET Q 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 50.00 646.75 221.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 271.00 646.75 55.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 326.00 646.75 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 330.00 646.75 55.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 385.00 646.75 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 389.00 646.75 55.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 444.00 646.75 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 448.00 646.75 55.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 503.00 646.75 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 507.00 646.75 55.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 50.00 616.75 221.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 271.00 616.75 55.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 326.00 616.75 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 330.00 616.75 55.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 385.00 616.75 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 389.00 616.75 55.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 444.00 616.75 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 448.00 616.75 55.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 503.00 616.75 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 507.00 616.75 55.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 50.00 586.75 221.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 271.00 586.75 55.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 326.00 586.75 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 330.00 586.75 55.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 385.00 586.75 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 389.00 586.75 55.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 444.00 586.75 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 448.00 586.75 55.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 503.00 586.75 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 507.00 586.75 55.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 50.00 556.75 221.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 271.00 556.75 55.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 326.00 556.75 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 330.00 556.75 55.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 385.00 556.75 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 389.00 556.75 55.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 444.00 556.75 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 448.00 556.75 55.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 503.00 556.75 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 507.00 556.75 55.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 50.00 526.75 221.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 271.00 526.75 55.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 326.00 526.75 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 330.00 526.75 55.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 385.00 526.75 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 389.00 526.75 55.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 444.00 526.75 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 448.00 526.75 55.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 503.00 526.75 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 507.00 526.75 55.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 50.00 496.75 221.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 271.00 496.75 55.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 326.00 496.75 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 330.00 496.75 55.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 385.00 496.75 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 389.00 496.75 55.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 444.00 496.75 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 448.00 496.75 55.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 503.00 496.75 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 507.00 496.75 55.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 50.00 466.75 221.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 271.00 466.75 55.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 326.00 466.75 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 330.00 466.75 55.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 385.00 466.75 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 389.00 466.75 55.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 444.00 466.75 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 448.00 466.75 55.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 503.00 466.75 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 507.00 466.75 55.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 50.00 436.75 221.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 271.00 436.75 55.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 326.00 436.75 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 330.00 436.75 55.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 385.00 436.75 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 389.00 436.75 55.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 444.00 436.75 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 448.00 436.75 55.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 503.00 436.75 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 507.00 436.75 55.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 50.00 406.75 221.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 271.00 406.75 55.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 326.00 406.75 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 330.00 406.75 55.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 385.00 406.75 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 389.00 406.75 55.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 444.00 406.75 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 448.00 406.75 55.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 503.00 406.75 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 507.00 406.75 55.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 50.00 376.75 221.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 271.00 376.75 55.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 326.00 376.75 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 330.00 376.75 55.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 385.00 376.75 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 389.00 376.75 55.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 444.00 376.75 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 448.00 376.75 55.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 503.00 376.75 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 507.00 376.75 55.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 50.00 346.75 221.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 271.00 346.75 55.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 326.00 346.75 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 330.00 346.75 55.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 385.00 346.75 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 389.00 346.75 55.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 444.00 346.75 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 448.00 346.75 55.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 503.00 346.75 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 507.00 346.75 55.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 50.00 316.75 221.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 271.00 316.75 55.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 326.00 316.75 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 330.00 316.75 55.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 385.00 316.75 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 389.00 316.75 55.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 444.00 316.75 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 448.00 316.75 55.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 503.00 316.75 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 507.00 316.75 55.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330 667.75 m 385 667.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385 667.75 m 389 667.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389 667.75 m 444 667.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 667.75 m 503 667.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 667.75 m 507 667.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507 667.75 m 562 667.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 271 646.75 m 326 646.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330 646.75 m 385 646.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389 667.75 m 444 667.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389 646.75 m 444 646.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 646.75 m 503 646.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507 667.75 m 562 667.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507 646.75 m 562 646.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330 541.75 m 385 541.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330 526.75 m 385 526.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389 541.75 m 444 541.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389 526.75 m 444 526.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 541.75 m 503 541.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 526.75 m 503 526.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507 541.75 m 562 541.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507 526.75 m 562 526.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330 496.75 m 385 496.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 496.75 m 503 496.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330 331.75 m 385 331.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330 316.75 m 385 316.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389 331.75 m 444 331.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389 316.75 m 444 316.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 331.75 m 503 331.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 316.75 m 503 316.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507 331.75 m 562 331.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507 316.75 m 562 316.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330 302.75 m 385 302.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330 300.75 m 385 300.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389 316.75 m 444 316.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389 302.75 m 444 302.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389 300.75 m 444 300.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 316.75 m 503 316.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 302.75 m 503 302.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 300.75 m 503 300.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507 316.75 m 562 316.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507 302.75 m 562 302.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507 300.75 m 562 300.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389 287.75 m 444 287.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389 285.75 m 444 285.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507 300.75 m 562 300.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507 302.75 m 562 302.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507 287.75 m 562 287.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507 285.75 m 562 285.75 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 672.43 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 378.50 671.98 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 496.50 671.98 Td (2017) Tj ET Q BT /F2 8.00 Tf ET 0 0 0 RG /GS0 gs 0.76 w 0 i [] 0 d 1 J 1 j 3 M 52.5 649.730078125 m 116.72265625 649.730078125 l s q 0 0 0 rg BT 52.50 650.98 Td (At Fiscal ) Tj ET Q q 0 0 0 rg BT 84.64 650.98 Td (Y) Tj ET Q q 0 0 0 rg BT 89.53 650.98 Td (ear) Tj ET Q q 0 0 0 rg BT 100.49 650.98 Td ( End) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 287.10 658.98 Td (Useful) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 288.85 650.98 Td (Lives) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 347.05 658.98 Td (Gr) Tj ET Q q 0 0 0 rg BT 356.68 658.98 Td (oss) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 342.95 650.98 Td (Amount) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 393.30 658.98 Td (Accumulated) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 393.10 650.98 Td (Amortization) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 465.05 658.98 Td (Gr) Tj ET Q q 0 0 0 rg BT 474.68 658.98 Td (oss) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 460.95 650.98 Td (Amount) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 511.30 658.98 Td (Accumulated) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 511.10 650.98 Td (Amortization) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 636.42 Td (Intangibles-subject to amortization:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 621.42 Td (T) Tj ET Q q 0 0 0 rg BT 64.43 621.42 Td (rademarks) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.25 621.42 Td (10 yrs.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.50 621.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.65 621.42 Td (4,293) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.50 621.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.65 621.42 Td (3,859) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.50 621.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.65 621.42 Td (4,310) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.50 621.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 621.42 Td (3,676) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 606.42 Td (Customer lists) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.90 606.42 Td (5-10 yrs.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.65 606.42 Td (52,635) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.65 606.42 Td (38,028) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.65 606.42 Td (55,164) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.65 606.42 Td (34,023) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 591.42 Td (Patents) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.90 591.42 Td (3-20 yrs.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.65 591.42 Td (2,310) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.65 591.42 Td (2,154) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.65 591.42 Td (2,325) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 591.42 Td (2,132) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 576.42 Td (Noncompete agreement) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.90 576.42 Td (3 - 6 yrs.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.15 576.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.15 576.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.65 576.42 Td (2,553) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 576.42 Td (2,243) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 561.42 Td (Developed technology) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.25 561.42 Td (7 yrs.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.65 561.42 Td (36,100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.65 561.42 Td (15,471) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.65 561.42 Td (36,100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.65 561.42 Td (10,314) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 546.42 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.90 546.42 Td (7-20 yrs.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.15 546.42 Td (261) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.15 546.42 Td (247) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.15 546.42 Td (266) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 546.42 Td (241) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 531.42 Td (T) Tj ET Q q 0 0 0 rg BT 58.26 531.42 Td (otal intangibles-subject to amortization) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.65 531.42 Td (95,599) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.65 531.42 Td (59,759) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.65 531.42 Td (100,718) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.65 531.42 Td (52,629) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 516.42 Td (Intangibles-not subject to amortization:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 501.42 Td (T) Tj ET Q q 0 0 0 rg BT 64.43 501.42 Td (rade names) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.65 501.42 Td (32,427) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.65 501.42 Td (38,643) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 486.42 Td (Other assets:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 471.42 Td (Key money deposits) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.65 471.42 Td (25,084) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.65 471.42 Td (23,261) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.65 471.42 Td (27,196) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.65 471.42 Td (23,845) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 456.42 Td (Other deposits) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.65 456.42 Td (17,818) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.65 456.42 Td (19,269) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 441.42 Td (Deferred compensation plan assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.65 441.42 Td (4,442) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.65 441.42 Td (4,806) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 426.42 Td (Deferred tax asset-net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.65 426.42 Td (23,695) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.65 426.42 Td (27,1) Tj ET Q q 0 0 0 rg BT 489.15 426.42 Td (12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 411.42 Td (Restricted cash) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.65 411.42 Td (7,479) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.15 411.42 Td (377) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 396.42 Td (Shop-in-shop) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.65 396.42 Td (6,054) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.65 396.42 Td (6,023) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.65 396.42 Td (8,864) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 396.42 Td (8,606) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 381.42 Td (T) Tj ET Q q 0 0 0 rg BT 64.26 381.42 Td (ax receivable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.65 381.42 Td (7,060) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.15 381.42 Td (478) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 366.42 Td (Forward contracts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.15 366.42 Td (453) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.15 366.42 Td (147) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 351.42 Td (Investments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.15 351.42 Td (500) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.15 351.42 Td (500) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 336.42 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.65 336.42 Td (1,858) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.65 336.42 Td (4,612) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 321.42 Td (T) Tj ET Q q 0 0 0 rg BT 58.26 321.42 Td (otal other assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.65 321.42 Td (94,443) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.65 321.42 Td (29,284) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.65 321.42 Td (93,361) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.65 321.42 Td (32,451) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 306.42 Td (T) Tj ET Q q 0 0 0 rg BT 58.26 306.42 Td (otal intangible and other assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.50 306.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.65 306.42 Td (222,469) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.50 306.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.65 306.42 Td (89,043) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.50 306.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.65 306.42 Td (232,722) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.50 306.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.65 306.42 Td (85,080) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 291.42 Td (T) Tj ET Q q 0 0 0 rg BT 57.91 291.42 Td (otal intangible and other assets-net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.50 291.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.65 291.42 Td (133,426) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.50 291.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.50 291.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.65 291.42 Td (147,642) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 245.25 Td (Key money is the amount of funds paid to a landlord or tenant to acquire the rights of tenancy under a commercial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 233.25 Td (property lease for a certain property and is amortized over the initial lease term. Key money represents the "right to lease" with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 221.25 Td (an automatic right of renewal. ) Tj ET Q q 0 0 0 rg BT 172.05 221.25 Td (This right can be subsequently sold by the Company or can be recovered should the landlord ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 209.25 Td (refuse to allow the automatic right of renewal to be exercised. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 188.25 Td (Amortization expense for intangible assets was approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.82 188.25 Td ($1) Tj ET Q q 0 0 0 rg BT 334.45 188.25 Td (1.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.34 188.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.34 188.25 Td ($13.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.23 188.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.67 188.25 Td ($15.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.56 188.25 Td ( for fiscal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 176.25 Td (years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.10 176.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 93.10 176.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.10 176.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 118.10 176.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 137.54 176.25 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 157.54 176.25 Td (, respectively) Tj ET Q q 0 0 0 rg BT 210.20 176.25 Td (. Estimated aggregate future amortization expense by fiscal year for intangible assets is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 164.25 Td (as follows \(in thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 200.50 132.75 140.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 132.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 200.50 102.75 140.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 102.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 200.50 72.75 140.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 72.75 70.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 132.75 m 410.5 132.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 200.5 132.75 m 340.5 132.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 132.75 m 410.5 132.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 203.00 136.98 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 224.70 136.98 Td (Y) Tj ET Q q 0 0 0 rg BT 229.59 136.98 Td (ear) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 352.10 144.98 Td (Amortization) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 360.75 136.98 Td (Expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 203.00 122.42 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.00 122.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.15 122.42 Td (1) Tj ET Q q 0 0 0 rg BT 384.15 122.42 Td (1,455) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 203.00 107.42 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.15 107.42 Td (10,933) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 203.00 92.42 Td (2021) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.15 92.42 Td (7,104) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 203.00 77.42 Td (2022) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.15 77.42 Td (6,247) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 203.00 62.42 Td (2023) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.65 62.42 Td (65) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 129 0 obj <>] /Rotate 0 /Contents 130 0 R>> endobj 130 0 obj <> stream BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.39 w 0 i [] 0 d 1 J 1 j 3 M 50 772.93359375 m 106.76171875 772.93359375 l s q 0 0 1 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 1 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET q 0 0 0 rg BT 256.70 754.00 Td (FOSSIL) Tj ET Q q 0 0 0 rg BT 291.72 754.00 Td ( GROUP) Tj ET Q q 0 0 0 rg BT 329.41 754.00 Td (,INC.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 148.20 734.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 184.42 734.00 Td (T) Tj ET Q q 0 0 0 rg BT 190.91 734.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 261.01 734.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 340.19 734.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 354.18 734.00 Td (A) Tj ET Q q 0 0 0 rg BT 360.66 734.00 Td (TEMENTS \(Continued\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (61) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 690.75 Td (9. Derivatives and Risk Management) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 73.50 669.75 Td (Cash Flow Hedges.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.89 669.75 Td () Tj ET Q q 0 0 0 rg BT 164.71 669.75 Td (The primary risks managed by using derivative instruments are the fluctuations in global ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 657.75 Td (currencies that will ultimately be used by non-U.S. dollar functional currency subsidiaries to settle future payments of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 645.75 Td (intercompany inventory transactions denominated in U.S. dollars. Specifically) Tj ET Q q 0 0 0 rg BT 362.11 645.75 Td (, the Company projects future intercompany ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 633.75 Td (purchases by its non-U.S. dollar functional currency subsidiaries generally over a period of up to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.11 633.75 Td (24 months) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.06 633.75 Td (. ) Tj ET Q q 0 0 0 rg BT 485.88 633.75 Td (The Company ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 621.75 Td (enters into forward contracts generally for up to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.32 621.75 Td (85%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 261.65 621.75 Td ( of its forecasted purchases to manage fluctuations in global currencies that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 609.75 Td (will ultimately be used to settle such U.S. dollar denominated inventory purchases. ) Tj ET Q q 0 0 0 rg BT 383.04 609.75 Td (Additionally) Tj ET Q q 0 0 0 rg BT 432.95 609.75 Td (, during the first quarter of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 597.75 Td (fiscal year 2016, the Company entered into forward contracts to manage fluctuations in Japanese yen exchange rates that will ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 585.75 Td (be used to settle future third-party inventory component purchases by a U.S. dollar functional currency subsidiary) Tj ET Q q 0 0 0 rg BT 504.00 585.75 Td (. Forward ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 573.75 Td (contracts represent agreements to exchange the currency of one country for the currency of another country at an agreed-upon ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 561.75 Td (settlement date and exchange rate. ) Tj ET Q q 0 0 0 rg BT 189.25 561.75 Td (These forward contracts are designated as single cash flow hedges. Fluctuations in exchange ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 549.75 Td (rates will either increase or decrease the Company's U.S. dollar equivalent cash flows from these inventory transactions, which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 537.75 Td (will af) Tj ET Q q 0 0 0 rg BT 75.14 537.75 Td (fect the Company's U.S. dollar earnings. Gains or losses on the forward contracts are expected to of) Tj ET Q q 0 0 0 rg BT 473.59 537.75 Td (fset these fluctuations ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 525.75 Td (to the extent the cash flows are hedged by the forward contracts.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 504.75 Td (These forward contracts meet the criteria for hedge accounting, which requires that they represent foreign currency-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 492.75 Td (denominated forecasted transactions in which \(i\)the operating unit that has the foreign currency exposure is a party to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 480.75 Td (hedging instrument and \(ii\)the hedged transaction is denominated in a currency other than the hedging unit's functional ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 468.75 Td (currency) Tj ET Q q 0 0 0 rg BT 83.83 468.75 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 447.75 Td (At the inception of each forward contract designated as a cash flow hedge, the hedging relationship is expected to be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 435.75 Td (highly ef) Tj ET Q q 0 0 0 rg BT 85.14 435.75 Td (fective in achieving of) Tj ET Q q 0 0 0 rg BT 174.65 435.75 Td (fsetting cash flows attributable to the hedged risk. ) Tj ET Q q 0 0 0 rg BT 376.36 435.75 Td (The Company assesses hedge ef) Tj ET Q q 0 0 0 rg BT 505.03 435.75 Td (fectiveness ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 423.75 Td (under the critical terms matched method at inception and at least quarterly throughout the life of the hedging relationship. If the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 411.75 Td (critical terms \(i.e.,amounts, currencies and settlement dates\) of the forward contract match the terms of the forecasted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 399.75 Td (transaction, the Company concludes that the hedge is ef) Tj ET Q q 0 0 0 rg BT 272.31 399.75 Td (fective. Hedge accounting is discontinued if it is determined that the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 387.75 Td (derivative is not highly ef) Tj ET Q q 0 0 0 rg BT 152.07 387.75 Td (fective.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 366.75 Td (For a derivative instrument that is designated and qualifies as a cash flow hedge, the ef) Tj ET Q q 0 0 0 rg BT 420.43 366.75 Td (fective portion of the gain or loss ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 354.75 Td (on the derivative is reported as a component of other comprehensive income \(loss\), net of taxes and reclassified into earnings in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 342.75 Td (the same period or periods during which the hedged transaction af) Tj ET Q q 0 0 0 rg BT 313.68 342.75 Td (fects earnings. Gains and losses on the derivative representing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 330.75 Td (either hedge inef) Tj ET Q q 0 0 0 rg BT 116.51 330.75 Td (fectiveness or hedge components excluded from the assessment of ef) Tj ET Q q 0 0 0 rg BT 392.07 330.75 Td (fectiveness are recognized in current ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 318.75 Td (earnings. Due to the high degree of ef) Tj ET Q q 0 0 0 rg BT 200.37 318.75 Td (fectiveness between the hedging instruments and the underlying exposures being hedged, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 306.75 Td (the Company's hedges resulted in no inef) Tj ET Q q 0 0 0 rg BT 213.87 306.75 Td (fectiveness in its consolidated statements of income \(loss\) and comprehensive income ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 294.75 Td (\(loss\), and there were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.07 294.75 Td (no) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 148.07 294.75 Td ( components excluded from the assessment of hedge ef) Tj ET Q q 0 0 0 rg BT 368.38 294.75 Td (fectiveness for fiscal years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.22 294.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.22 294.75 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.22 294.75 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.22 294.75 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 282.75 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 282.75 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 261.75 Td (All derivative instruments are recognized as either assets or liabilities at fair value in the consolidated balance sheets. ) Tj ET Q q 0 0 0 rg BT 544.54 261.75 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 249.75 Td (Company records all forward contract hedge assets and liabilities on a gross basis as they do not meet the balance sheet netting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 237.75 Td (criteria because the Company does not have master netting agreements established with the derivative counterparties that would ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 225.75 Td (allow for net settlement. Derivatives designated as cash flow hedges are recorded at fair value at each balance sheet date and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 213.75 Td (the change in fair value is recorded to accumulated other comprehensive income \(loss\) within the equity section of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 201.75 Td (Company's consolidated balance sheets until such derivative's gains or losses become realized or the cash flow hedge ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 189.75 Td (relationship is terminated. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 168.75 Td (If the cash flow hedge relationship is terminated, the derivative's gains or losses that are recorded in accumulated other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 156.75 Td (comprehensive income \(loss\) will be immediately recognized in earnings. During fiscal year 2017, the Company paid of) Tj ET Q q 0 0 0 rg BT 530.85 156.75 Td (f its ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 144.75 Td (U.S.-based term loan which discontinued the interest rate swap cash flow hedge treatment resulting in a gain of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.15 144.75 Td ($0.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.04 144.75 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 132.75 Td (being reclassified into other income \(expense\). ) Tj ET Q q 0 0 0 rg BT 238.97 132.75 Td (There were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.72 132.75 Td (no) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.72 132.75 Td ( gains or losses reclassified into earnings as a result of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 120.75 Td (discontinuance of cash flow hedges for fiscal years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 256.09 120.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 276.09 120.75 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.53 120.75 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.53 120.75 Td (. ) Tj ET Q endstream endobj 131 0 obj <>] /Rotate 0 /Contents 132 0 R>> endobj 132 0 obj <> stream BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.39 w 0 i [] 0 d 1 J 1 j 3 M 50 772.93359375 m 106.76171875 772.93359375 l s q 0 0 1 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 1 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET q 0 0 0 rg BT 256.70 754.00 Td (FOSSIL) Tj ET Q q 0 0 0 rg BT 291.72 754.00 Td ( GROUP) Tj ET Q q 0 0 0 rg BT 329.41 754.00 Td (,INC.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 148.20 734.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 184.42 734.00 Td (T) Tj ET Q q 0 0 0 rg BT 190.91 734.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 261.01 734.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 340.19 734.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 354.18 734.00 Td (A) Tj ET Q q 0 0 0 rg BT 360.66 734.00 Td (TEMENTS \(Continued\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (62) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 690.60 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 97.94 690.60 Td (December29, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 176.53 690.60 Td (, the Company had the following outstanding forward contracts designated as cash flow hedges ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 678.60 Td (that were entered into to hedge the future payments of intercompany inventory transactions \(in millions\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 642.10 156.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 206.00 642.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 210.00 642.10 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.00 642.10 20.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 287.00 642.10 158.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 445.00 642.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.00 642.10 58.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 50.00 627.10 156.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 287.00 627.10 158.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 612.10 156.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 206.00 612.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 210.00 612.10 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.00 612.10 20.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 287.00 612.10 158.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 445.00 612.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.00 612.10 58.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 50.00 597.10 156.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 287.00 597.10 158.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 582.10 156.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 206.00 582.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 210.00 582.10 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.00 582.10 20.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 287.00 582.10 158.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 445.00 582.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.00 582.10 58.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 50.00 567.10 156.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 287.00 567.10 158.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 552.10 156.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 206.00 552.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 210.00 552.10 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.00 552.10 20.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 287.00 552.10 158.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 445.00 552.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.00 552.10 58.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 655.1 m 206 655.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 206 655.1 m 210 655.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 210 655.1 m 267 655.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 287 655.1 m 445 655.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 445 655.1 m 449 655.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449 655.1 m 507 655.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 642.1 m 206 642.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 210 642.1 m 267 642.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 287 642.1 m 445 642.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449 642.1 m 507 642.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 210 642.1 m 267 642.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449 642.1 m 507 642.1 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 122.15 659.33 Td (Functional Curr) Tj ET Q q 0 0 0 rg BT 178.30 659.33 Td (ency) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 363.80 659.33 Td (Contract Curr) Tj ET Q q 0 0 0 rg BT 413.71 659.33 Td (ency) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 646.33 Td (T) Tj ET Q q 0 0 0 rg BT 57.54 646.33 Td (ype) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 223.95 646.33 Td (Amount) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 289.50 646.33 Td (T) Tj ET Q q 0 0 0 rg BT 294.24 646.33 Td (ype) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 463.45 646.33 Td (Amount) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 631.77 Td (Euro) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 240.65 631.77 Td (143.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.50 631.77 Td (U.S. dollar) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.65 631.77 Td (172.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 616.77 Td (Canadian dollar) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 245.65 616.77 Td (60.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.50 616.77 Td (U.S. dollar) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.65 616.77 Td (46.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 601.77 Td (British pound) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 245.65 601.77 Td (21.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.50 601.77 Td (U.S. dollar) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.65 601.77 Td (28.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 586.77 Td (Japanese yen) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 233.15 586.77 Td (2,183.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.50 586.77 Td (U.S. dollar) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.65 586.77 Td (20.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 571.77 Td (Mexican peso) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 240.65 571.77 Td (396.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.50 571.77 Td (U.S. dollar) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.65 571.77 Td (19.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 556.77 Td (Australian dollar) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 245.65 556.77 Td (10.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.50 556.77 Td (U.S. dollar) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.65 556.77 Td (7.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 541.77 Td (U.S. dollar) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 245.65 541.77 Td (26.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.50 541.77 Td (Japanese ) Tj ET Q q 0 0 0 rg BT 327.17 541.77 Td (Y) Tj ET Q q 0 0 0 rg BT 333.39 541.77 Td (en) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.15 541.77 Td (2,835.0) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 73.50 516.60 Td (Non-designated Hedges.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 176.28 516.60 Td () Tj ET Q q 0 0 0 rg BT 186.10 516.60 Td (The Company also periodically enters into forward contracts to manage exchange rate risks ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 504.60 Td (associated with certain intercompany transactions and for which the Company does not elect hedge accounting treatment. ) Tj ET Q q 0 0 0 rg BT 537.40 504.60 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 492.60 Td (December29, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.08 492.60 Td (, the Company had non-designated forward contracts of approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.55 492.60 Td ($1.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.44 492.60 Td ( on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.44 492.60 Td (17.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.34 492.60 Td ( rand, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 480.60 Td (and as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.10 480.60 Td (December30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 166.68 480.60 Td (, the Company had non-designated forward contracts of approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 480.60 Td ($2.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.04 480.60 Td ( on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.04 480.60 Td (39.8 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 468.60 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.39 468.60 Td ( rand associated with a South ) Tj ET Q q 0 0 0 rg BT 197.26 468.60 Td (African rand-denominated foreign subsidiary) Tj ET Q q 0 0 0 rg BT 377.38 468.60 Td (. Changes in the fair value of derivatives not ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 456.60 Td (designated as hedging instruments are recognized in earnings when they occur) Tj ET Q q 0 0 0 rg BT 362.73 456.60 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 435.60 Td (The ef) Tj ET Q q 0 0 0 rg BT 97.63 435.60 Td (fective portion of gains and losses on cash flow hedges that were recognized in other comprehensive income \(loss\), ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 423.60 Td (net of taxes during fiscal years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 174.46 423.60 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 194.46 423.60 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 199.46 423.60 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 219.46 423.60 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 238.89 423.60 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.89 423.60 Td ( are set forth below \(in thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 384.10 252.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 302.00 384.10 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 379.00 384.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 383.00 384.10 76.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 459.00 384.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.00 384.10 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 354.10 252.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 302.00 354.10 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 379.00 354.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 383.00 354.10 76.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 459.00 354.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.00 354.10 77.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 302 384.1 m 379 384.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 383 384.1 m 459 384.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463 384.1 m 540 384.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 302 339.1 m 379 339.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 302 315.1 m 379 315.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 302 313.1 m 379 313.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 383 339.1 m 459 339.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 383 315.1 m 459 315.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 383 313.1 m 459 313.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 339.1 m 463 339.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 315.1 m 463 315.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 313.1 m 463 313.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463 339.1 m 540 339.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463 315.1 m 540 315.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463 313.1 m 540 313.1 l s BT /F2 8.00 Tf ET 0 0 0 RG /GS0 gs 0.76 w 0 i [] 0 d 1 J 1 j 3 M 52.5 387.080078125 m 90.119140625 387.080078125 l s q 0 0 0 rg BT 52.50 388.33 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 74.20 388.33 Td (Y) Tj ET Q q 0 0 0 rg BT 79.09 388.33 Td (ear) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 332.00 388.33 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 412.50 388.33 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 493.00 388.33 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 373.77 Td (Cash flow hedges:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 358.77 Td (Forward contracts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.50 358.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.65 358.77 Td (18,044) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.50 358.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.30 358.82 Td (\(25,088) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 358.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.50 358.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.65 358.77 Td (13,565) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 343.77 Td (Interest rate swaps) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.15 343.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.15 343.77 Td (278) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.80 343.82 Td (\(730) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 343.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 328.77 Td (T) Tj ET Q q 0 0 0 rg BT 69.91 328.77 Td (otal gain \(loss\) recognized in other comprehensive) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 318.77 Td (income \(loss\), net of taxes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.50 318.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.65 318.77 Td (18,044) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.50 318.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.30 318.82 Td (\(24,810) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 318.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.50 318.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.65 318.77 Td (12,835) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 133 0 obj <>] /Rotate 0 /Contents 134 0 R>> endobj 134 0 obj <> stream BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.39 w 0 i [] 0 d 1 J 1 j 3 M 50 772.93359375 m 106.76171875 772.93359375 l s q 0 0 1 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 1 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET q 0 0 0 rg BT 256.70 754.00 Td (FOSSIL) Tj ET Q q 0 0 0 rg BT 291.72 754.00 Td ( GROUP) Tj ET Q q 0 0 0 rg BT 329.41 754.00 Td (,INC.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 148.20 734.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 184.42 734.00 Td (T) Tj ET Q q 0 0 0 rg BT 190.91 734.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 261.01 734.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 340.19 734.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 354.18 734.00 Td (A) Tj ET Q q 0 0 0 rg BT 360.66 734.00 Td (TEMENTS \(Continued\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (63) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 690.60 Td (The following table illustrates the ef) Tj ET Q q 0 0 0 rg BT 218.55 690.60 Td (fective portion of gains and losses on derivative instruments recorded in other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 678.60 Td (comprehensive income \(loss\), net of taxes during the term of the hedging relationship and reclassified into earnings, and gains ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 666.60 Td (and losses on derivatives not designated as hedging instruments recorded directly to earnings during fiscal years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.49 666.60 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.49 666.60 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.49 666.60 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.49 666.60 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 654.60 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 654.60 Td ( \(in thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 585.10 88.00 -37.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 138.00 585.10 4.00 -37.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 142.00 585.10 72.00 -37.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 214.00 585.10 4.00 -37.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 218.00 585.10 99.00 -37.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 317.00 585.10 4.00 -37.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.00 585.10 55.00 -37.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 376.00 585.10 4.00 -37.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.00 585.10 55.00 -37.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 435.00 585.10 4.00 -37.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.00 585.10 56.00 -37.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 519.10 88.00 -37.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 138.00 519.10 4.00 -37.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 142.00 519.10 72.00 -37.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 214.00 519.10 4.00 -37.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 218.00 519.10 99.00 -37.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 317.00 519.10 4.00 -37.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.00 519.10 55.00 -37.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 376.00 519.10 4.00 -37.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.00 519.10 55.00 -37.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 435.00 519.10 4.00 -37.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.00 519.10 56.00 -37.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 445.10 88.00 -37.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 138.00 445.10 4.00 -37.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 142.00 445.10 72.00 -37.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 214.00 445.10 4.00 -37.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 218.00 445.10 99.00 -37.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 317.00 445.10 4.00 -37.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.00 445.10 55.00 -37.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 376.00 445.10 4.00 -37.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.00 445.10 55.00 -37.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 435.00 445.10 4.00 -37.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.00 445.10 56.00 -37.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 585.1 m 138 585.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 142 585.1 m 214 585.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 218 585.1 m 317 585.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321 585.1 m 376 585.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380 585.1 m 435 585.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 585.1 m 495 585.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 142 585.1 m 214 585.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321 585.1 m 376 585.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380 585.1 m 435 585.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 585.1 m 495 585.1 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 589.33 Td (DerivativeInstruments) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 155.05 636.18 Td (Consolidated) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 154.25 628.18 Td (Statements of ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 153.35 620.18 Td (Income \(Loss\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 171.05 612.18 Td (and ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 150.90 604.18 Td (Compr) Tj ET Q q 0 0 0 rg BT 175.20 604.18 Td (ehensive) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 153.35 596.18 Td (Income \(Loss\) ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 162.35 588.18 Td (Location) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 233.65 597.33 Td (EffectofDerivative) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 246.10 589.33 Td (Instruments) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 329.20 597.33 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 351.05 597.33 Td (Y) Tj ET Q q 0 0 0 rg BT 356.23 597.33 Td (ear) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 340.00 589.33 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 388.20 597.33 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 410.05 597.33 Td (Y) Tj ET Q q 0 0 0 rg BT 415.23 597.33 Td (ear) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 399.00 589.33 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 447.70 597.33 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 469.40 597.33 Td (Y) Tj ET Q q 0 0 0 rg BT 474.29 597.33 Td (ear) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 458.50 589.33 Td (2016) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 577.05 Td (Forward contracts) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 569.05 Td (designated as cash flow) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 561.05 Td (hedging instruments) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 144.50 577.05 Td (Other income) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 144.50 569.05 Td (\(expense\)-net) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 220.50 577.05 Td (T) Tj ET Q q 0 0 0 rg BT 225.11 577.05 Td (otal gain \(loss\) reclassified) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 220.50 569.05 Td (from accumulated other) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 220.50 561.05 Td (comprehensive income) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 220.50 553.05 Td (\(loss\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 323.50 552.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.30 552.82 Td (\(2,629) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.15 552.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.50 552.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.30 552.82 Td (\(4,297) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.15 552.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.50 552.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.65 552.77 Td (10,986) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 540.05 Td (Forward contracts not) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 532.05 Td (designated as hedging) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 524.05 Td (instruments) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 144.50 540.05 Td (Other income) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 144.50 532.05 Td (\(expense\)-net) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 220.50 540.05 Td (T) Tj ET Q q 0 0 0 rg BT 225.11 540.05 Td (otal gain \(loss\) recognized) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 220.50 532.05 Td (in income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 323.50 523.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.15 523.77 Td (244) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.50 523.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.80 523.82 Td (\(652) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.15 523.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.50 523.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.80 523.82 Td (\(82) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.15 523.77 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 511.05 Td (Interest rate swap) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 503.05 Td (designated as a cash flow) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 495.05 Td (hedging instrument) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 144.50 511.05 Td (Interest expense) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 220.50 511.05 Td (T) Tj ET Q q 0 0 0 rg BT 225.11 511.05 Td (otal gain \(loss\) reclassified) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 220.50 503.05 Td (from accumulated other) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 220.50 495.05 Td (comprehensive income) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 220.50 487.05 Td (\(loss\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 323.50 486.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.15 486.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.50 486.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.80 486.82 Td (\(260) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.15 486.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.50 486.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.30 486.82 Td (\(1,080) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.15 486.77 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 474.05 Td (Interest rate swap not) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 466.05 Td (designated as a cash flow) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 458.05 Td (hedging instrument) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 144.50 474.05 Td (Other income) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 144.50 466.05 Td (\(expense\)-net) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 220.50 474.05 Td (T) Tj ET Q q 0 0 0 rg BT 225.11 474.05 Td (otal gain \(loss\) recognized) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 220.50 466.05 Td (in income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 323.50 449.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.15 449.77 Td (67) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.50 449.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.15 449.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.50 449.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.15 449.77 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 437.05 Td (Interest rate swap not) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 429.05 Td (designated as a cash flow) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 421.05 Td (hedging instrument) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 144.50 437.05 Td (Other income) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 144.50 429.05 Td (\(expense\)-net) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 220.50 437.05 Td (T) Tj ET Q q 0 0 0 rg BT 224.83 437.05 Td (otal gain \(loss\) reclassified) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 220.50 429.05 Td (from accumulated other) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 220.50 421.05 Td (comprehensive income) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 220.50 413.05 Td (\(loss\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 323.50 412.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.15 412.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.50 412.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.15 412.77 Td (195) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.50 412.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.15 412.77 Td () Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 387.60 Td (The following table discloses the fair value amounts for the Company's derivative instruments as separate asset and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 375.60 Td (liability values, presents the fair value of derivative instruments on a gross basis, and identifies the line items in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 363.60 Td (consolidated balance sheets in which the fair value amounts for these categories of derivative instruments are included \(in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 351.60 Td (thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 277.10 65.00 -37.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 115.00 277.10 60.00 -37.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 175.00 277.10 4.00 -37.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 179.00 277.10 45.00 -37.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 224.00 277.10 4.00 -37.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 228.00 277.10 60.00 -37.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 288.00 277.10 4.00 -37.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.00 277.10 45.00 -37.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.00 277.10 4.00 -37.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 341.00 277.10 60.00 -37.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.00 277.10 4.00 -37.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 405.00 277.10 45.00 -37.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.00 277.10 4.00 -37.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 454.00 277.10 60.00 -37.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 514.00 277.10 4.00 -37.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 518.00 277.10 45.00 -37.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 203.10 65.00 -41.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 115.00 203.10 60.00 -41.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 175.00 203.10 4.00 -41.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 179.00 203.10 45.00 -41.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 224.00 203.10 4.00 -41.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 228.00 203.10 60.00 -41.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 288.00 203.10 4.00 -41.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.00 203.10 45.00 -41.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.00 203.10 4.00 -41.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 341.00 203.10 60.00 -41.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.00 203.10 4.00 -41.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 405.00 203.10 45.00 -41.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.00 203.10 4.00 -41.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 454.00 203.10 60.00 -41.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 514.00 203.10 4.00 -41.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 518.00 203.10 45.00 -41.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 125.10 65.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 115.00 125.10 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 175.00 125.10 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 179.00 125.10 45.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 224.00 125.10 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 228.00 125.10 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 288.00 125.10 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.00 125.10 45.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.00 125.10 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 341.00 125.10 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.00 125.10 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 405.00 125.10 45.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.00 125.10 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 454.00 125.10 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 514.00 125.10 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 518.00 125.10 45.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 115 319.1 m 175 319.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 175 319.1 m 179 319.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 179 319.1 m 224 319.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 224 319.1 m 228 319.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 228 319.1 m 288 319.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 288 319.1 m 292 319.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 319.1 m 337 319.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341 319.1 m 401 319.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401 319.1 m 405 319.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 319.1 m 450 319.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450 319.1 m 454 319.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454 319.1 m 514 319.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 514 319.1 m 518 319.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 518 319.1 m 563 319.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 115 306.1 m 175 306.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 175 306.1 m 179 306.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 179 306.1 m 224 306.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 228 306.1 m 288 306.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 288 306.1 m 292 306.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 306.1 m 337 306.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341 306.1 m 401 306.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401 306.1 m 405 306.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 306.1 m 450 306.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454 306.1 m 514 306.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 514 306.1 m 518 306.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 518 306.1 m 563 306.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 115 277.1 m 175 277.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 179 306.1 m 224 306.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 179 277.1 m 224 277.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 228 277.1 m 288 277.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 306.1 m 337 306.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 277.1 m 337 277.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341 277.1 m 401 277.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 306.1 m 450 306.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 277.1 m 450 277.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454 277.1 m 514 277.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 518 306.1 m 563 306.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 518 277.1 m 563 277.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 179 277.1 m 224 277.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 277.1 m 337 277.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 277.1 m 450 277.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 518 277.1 m 563 277.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 179 125.10000000000002 m 224 125.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 179 113.10000000000002 m 224 113.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 179 111.10000000000002 m 224 111.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 125.10000000000002 m 337 125.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 113.10000000000002 m 337 113.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 111.10000000000002 m 337 111.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 125.10000000000002 m 450 125.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 113.10000000000002 m 450 113.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405 111.10000000000002 m 450 111.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 518 125.10000000000002 m 563 125.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 518 113.10000000000002 m 563 113.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 518 111.10000000000002 m 563 111.10000000000002 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 196.05 323.33 Td (Asset Derivatives) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 416.50 323.33 Td (Liability Derivatives) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 136.75 310.33 Td (December) Tj ET Q q 0 0 0 rg BT 171.32 310.33 Td ( 29, 2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 249.75 310.33 Td (December) Tj ET Q q 0 0 0 rg BT 284.32 310.33 Td ( 30, 2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 362.75 310.33 Td (December) Tj ET Q q 0 0 0 rg BT 397.32 310.33 Td ( 29, 2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 475.75 310.33 Td (December) Tj ET Q q 0 0 0 rg BT 510.32 310.33 Td ( 30, 2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 122.05 297.33 Td (Consolidated) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 119.05 289.33 Td (Balance Sheets) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 129.35 281.33 Td (Location) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 183.15 281.33 Td (Fair) Tj ET Q q 0 0 0 rg BT 197.74 281.33 Td () Tj ET Q q 0 0 0 rg BT 199.59 281.33 Td (V) Tj ET Q q 0 0 0 rg BT 204.93 281.33 Td (alue) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 235.05 297.33 Td (Consolidated) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 232.05 289.33 Td (Balance Sheets) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 242.35 281.33 Td (Location) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 296.15 281.33 Td (Fair) Tj ET Q q 0 0 0 rg BT 310.74 281.33 Td () Tj ET Q q 0 0 0 rg BT 312.59 281.33 Td (V) Tj ET Q q 0 0 0 rg BT 317.93 281.33 Td (alue) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 348.05 297.33 Td (Consolidated) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 345.05 289.33 Td (Balance Sheets) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 355.35 281.33 Td (Location) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 409.15 281.33 Td (Fair) Tj ET Q q 0 0 0 rg BT 423.74 281.33 Td () Tj ET Q q 0 0 0 rg BT 425.59 281.33 Td (V) Tj ET Q q 0 0 0 rg BT 430.93 281.33 Td (alue) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 461.05 297.33 Td (Consolidated) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 458.05 289.33 Td (Balance Sheets) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 468.35 281.33 Td (Location) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 522.15 281.33 Td (Fair) Tj ET Q q 0 0 0 rg BT 536.67 281.33 Td () Tj ET Q q 0 0 0 rg BT 538.52 281.33 Td (V) Tj ET Q q 0 0 0 rg BT 543.56 281.33 Td (alue) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 269.05 Td (Forward contracts) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 261.05 Td (designated as) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 253.05 Td (cash flow hedging) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 245.05 Td (instruments) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 117.50 269.05 Td (Prepaid) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 117.50 261.05 Td (expenses and) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 117.50 253.05 Td (other current) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 117.50 245.05 Td (assets) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 181.50 269.05 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 202.75 269.05 Td (9,217) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 230.50 269.05 Td (Prepaid) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 230.50 261.05 Td (expenses and) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 230.50 253.05 Td (other current) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 230.50 245.05 Td (assets) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 294.50 269.05 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 315.75 269.05 Td (2,291) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 343.50 269.05 Td (Accrued) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 343.50 261.05 Td (expenses-other) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 407.50 269.05 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 434.80 269.05 Td (660) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 456.50 269.05 Td (Accrued) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 456.50 261.05 Td (expenses-other) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 520.50 269.05 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 537.75 269.05 Td (14,798) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 232.05 Td (Forward contracts) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 224.05 Td (not designated as) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 216.05 Td (cash flow hedging) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 208.05 Td (instruments) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 117.50 232.05 Td (Prepaid) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 117.50 224.05 Td (expenses and) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 117.50 216.05 Td (other current) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 117.50 208.05 Td (assets) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 212.80 232.05 Td (15) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 230.50 232.05 Td (Prepaid) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 230.50 224.05 Td (expenses and) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 230.50 216.05 Td (other current) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 230.50 208.05 Td (assets) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 325.80 232.05 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 343.50 232.05 Td (Accrued) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 343.50 224.05 Td (expenses-other) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 438.80 232.05 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 456.50 232.05 Td (Accrued) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 456.50 224.05 Td (expenses-other) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 547.80 232.05 Td (362) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 195.05 Td (Interest rate swap) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 187.05 Td (not designated as) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 179.05 Td (a cash flow) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 171.05 Td (hedging) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 163.10 Td (instrument) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 117.50 195.05 Td (Prepaid) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 117.50 187.05 Td (expenses and) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 117.50 179.05 Td (other current) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 117.50 171.05 Td (assets) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 212.80 195.05 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 230.50 195.05 Td (Prepaid) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 230.50 187.05 Td (expenses and) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 230.50 179.05 Td (other current) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 230.50 171.05 Td (assets) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 321.80 195.05 Td (195) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 343.50 195.05 Td (Accrued) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 343.50 187.05 Td (expenses-other) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 438.80 195.05 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 456.50 195.05 Td (Accrued) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 456.50 187.05 Td (expenses-other) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 551.80 195.05 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 154.05 Td (Forward contracts) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 146.05 Td (designated as) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 138.05 Td (cash flow hedging) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 130.05 Td (instruments) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 117.50 154.05 Td (Intangible and) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 117.50 146.05 Td (other assets-net) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 208.80 154.05 Td (453) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 230.50 154.05 Td (Intangible and) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 230.50 146.05 Td (other assets-net) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 321.80 154.05 Td (147) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 343.50 154.05 Td (Other long-term) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 343.50 146.05 Td (liabilities) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 438.80 154.05 Td (70) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 456.50 154.05 Td (Other long-term) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 456.50 146.05 Td (liabilities) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 541.75 154.05 Td (2,725) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 117.05 Td (T) Tj ET Q q 0 0 0 rg BT 56.83 117.05 Td (otal) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 181.50 117.05 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 202.75 117.05 Td (9,685) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 294.50 117.05 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 315.75 117.05 Td (2,633) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 407.50 117.05 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 434.80 117.05 Td (730) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 520.50 117.05 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 537.75 117.05 Td (17,885) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 91.60 Td (At the end of fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 172.35 91.60 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 192.35 91.60 Td (, the Company had forward contracts designated as cash flow hedges with maturities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 79.60 Td (extending through June 2020. ) Tj ET Q q 0 0 0 rg BT 170.32 79.60 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 194.76 79.60 Td (December29, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 273.35 79.60 Td (, an estimated net gain of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.37 79.60 Td ($7.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.26 79.60 Td ( is expected to be reclassified into ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 67.60 Td (earnings within the next twelve months at prevailing foreign currency exchange rates. ) Tj ET Q endstream endobj 135 0 obj <>] /Rotate 0 /Contents 136 0 R>> endobj 136 0 obj <> stream BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.39 w 0 i [] 0 d 1 J 1 j 3 M 50 772.93359375 m 106.76171875 772.93359375 l s q 0 0 1 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 1 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET q 0 0 0 rg BT 256.70 754.00 Td (FOSSIL) Tj ET Q q 0 0 0 rg BT 291.72 754.00 Td ( GROUP) Tj ET Q q 0 0 0 rg BT 329.41 754.00 Td (,INC.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 148.20 734.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 184.42 734.00 Td (T) Tj ET Q q 0 0 0 rg BT 190.91 734.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 261.01 734.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 340.19 734.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 354.18 734.00 Td (A) Tj ET Q q 0 0 0 rg BT 360.66 734.00 Td (TEMENTS \(Continued\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (64) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 690.75 Td (10. Fair) Tj ET Q q 0 0 0 rg BT 82.64 690.75 Td ( ) Tj ET Q q 0 0 0 rg BT 84.96 690.75 Td (V) Tj ET Q q 0 0 0 rg BT 91.27 690.75 Td (alue Measur) Tj ET Q q 0 0 0 rg BT 144.13 690.75 Td (ements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 669.75 Td (The Company defines fair value as the price that would be received to sell an asset or paid to transfer a liability in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 657.75 Td (principal or most advantageous market for the asset or liability in an orderly transaction between market participants at the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 645.75 Td (measurement date.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 624.75 Td (ASC 820, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 115.45 624.75 Td (Fair V) Tj ET Q q 0 0 0 rg BT 140.73 624.75 Td (alue Measur) Tj ET Q q 0 0 0 rg BT 190.63 624.75 Td (ement and Disclosur) Tj ET Q q 0 0 0 rg BT 273.03 624.75 Td (es) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.36 624.75 Td ( \("ASC 820"\), establishes a fair value hierarchy) Tj ET Q q 0 0 0 rg BT 471.03 624.75 Td (, which prioritizes the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 612.75 Td (inputs used in measuring fair value into three broad levels as follows:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 591.75 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 591.75 Td (Level1Quoted prices in active markets for identical assets or liabilities.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 570.75 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 570.75 Td (Level2Inputs, other than quoted prices in active markets, that are observable either directly or indirectly) Tj ET Q q 0 0 0 rg BT 512.75 570.75 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 549.75 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 549.75 Td (Level3Unobservable inputs based on the Company's assumptions.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 528.75 Td (ASC 820 requires the use of observable market data if such data is available without undue cost and ef) Tj ET Q q 0 0 0 rg BT 483.75 528.75 Td (fort.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 507.75 Td (The following table presents the fair value hierarchy for those assets and liabilities measured at fair value on a recurring ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 495.75 Td (basis as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 93.66 495.75 Td (December29, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 172.24 495.75 Td ( \(in thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 459.25 300.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.00 459.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.00 459.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.00 459.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 454.00 459.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.00 459.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.00 459.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.00 459.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 429.25 300.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.00 429.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.00 429.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.00 429.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 454.00 429.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.00 429.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.00 429.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.00 429.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 399.25 300.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.00 399.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.00 399.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.00 399.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 454.00 399.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.00 399.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.00 399.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.00 399.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 369.25 300.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.00 369.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.00 369.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.00 369.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 454.00 369.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.00 369.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.00 369.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.00 369.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 339.25 300.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.00 339.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.00 339.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.00 339.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 454.00 339.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.00 339.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.00 339.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.00 339.25 50.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350 472.25 m 400 472.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 400 472.25 m 404 472.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 472.25 m 454 472.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454 472.25 m 458 472.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 472.25 m 508 472.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508 472.25 m 512 472.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 472.25 m 562 472.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350 459.25 m 400 459.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 472.25 m 454 472.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 459.25 m 454 459.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 472.25 m 508 472.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 459.25 m 508 459.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 472.25 m 562 472.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 459.25 m 562 459.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350 399.25 m 400 399.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350 385.25 m 400 385.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350 383.25 m 400 383.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 399.25 m 454 399.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 385.25 m 454 385.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 383.25 m 454 383.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 399.25 m 508 399.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 385.25 m 508 385.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 383.25 m 508 383.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 399.25 m 562 399.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 385.25 m 562 385.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 383.25 m 562 383.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350 339.25 m 400 339.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350 325.25 m 400 325.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350 323.25 m 400 323.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 339.25 m 454 339.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 325.25 m 454 325.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 323.25 m 454 323.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 339.25 m 508 339.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 325.25 m 508 325.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 323.25 m 508 323.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 339.25 m 562 339.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 325.25 m 562 325.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 323.25 m 562 323.25 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 400.05 476.48 Td (Fair) Tj ET Q q 0 0 0 rg BT 414.64 476.48 Td ( ) Tj ET Q q 0 0 0 rg BT 416.49 476.48 Td (V) Tj ET Q q 0 0 0 rg BT 421.83 476.48 Td (alue at December) Tj ET Q q 0 0 0 rg BT 480.92 476.48 Td ( 29, 2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 362.15 463.48 Td (Level1) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 416.15 463.48 Td (Level2) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 470.15 463.48 Td (Level3) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 527.75 463.48 Td (T) Tj ET Q q 0 0 0 rg BT 532.35 463.48 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 448.92 Td (Assets:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 433.92 Td (Forward contracts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.50 433.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.15 433.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.50 433.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.65 433.92 Td (9,685) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.50 433.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.15 433.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.50 433.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 433.92 Td (9,685) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 418.92 Td (Deferred compensation plan assets:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 403.92 Td (Investment in publicly traded mutual funds) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.65 403.92 Td (4,442) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.15 403.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.15 403.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 403.92 Td (4,442) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 388.92 Td (T) Tj ET Q q 0 0 0 rg BT 64.26 388.92 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.50 388.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.65 388.92 Td (4,442) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.50 388.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.65 388.92 Td (9,685) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.50 388.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.15 388.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.50 388.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.65 388.92 Td (14,127) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 373.92 Td (Liabilities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 358.92 Td (Contingent consideration) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.50 358.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.15 358.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.50 358.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.15 358.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.50 358.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.65 358.92 Td (2,174) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.50 358.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 358.92 Td (2,174) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 343.92 Td (Forward contracts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.15 343.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.15 343.92 Td (730) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.15 343.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 343.92 Td (730) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 328.92 Td (T) Tj ET Q q 0 0 0 rg BT 63.91 328.92 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.50 328.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.15 328.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.50 328.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.15 328.92 Td (730) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.50 328.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.65 328.92 Td (2,174) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.50 328.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 328.92 Td (2,904) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 303.75 Td (The following table presents the fair value hierarchy for those assets and liabilities measured at fair value on a recurring ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 291.75 Td (basis as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 93.66 291.75 Td (December30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 172.24 291.75 Td ( \(in thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 255.25 300.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.00 255.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.00 255.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.00 255.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 454.00 255.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.00 255.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.00 255.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.00 255.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 225.25 300.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.00 225.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.00 225.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.00 225.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 454.00 225.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.00 225.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.00 225.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.00 225.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 195.25 300.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.00 195.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.00 195.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.00 195.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 454.00 195.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.00 195.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.00 195.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.00 195.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 165.25 300.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.00 165.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.00 165.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.00 165.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 454.00 165.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.00 165.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.00 165.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.00 165.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 135.25 300.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.00 135.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.00 135.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.00 135.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 454.00 135.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.00 135.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.00 135.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.00 135.25 50.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350 268.25 m 400 268.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 400 268.25 m 404 268.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 268.25 m 454 268.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454 268.25 m 458 268.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 268.25 m 508 268.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508 268.25 m 512 268.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 268.25 m 562 268.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350 255.25 m 400 255.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 268.25 m 454 268.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 255.25 m 454 255.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 268.25 m 508 268.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 255.25 m 508 255.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 268.25 m 562 268.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 255.25 m 562 255.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350 180.25 m 400 180.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350 166.25 m 400 166.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350 164.25 m 400 164.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 180.25 m 454 180.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 166.25 m 454 166.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 164.25 m 454 164.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 180.25 m 508 180.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 166.25 m 508 166.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 164.25 m 508 164.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 180.25 m 562 180.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 166.25 m 562 166.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 164.25 m 562 164.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350 120.25 m 400 120.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350 106.25 m 400 106.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350 104.25 m 400 104.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 120.25 m 454 120.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 106.25 m 454 106.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 104.25 m 454 104.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 120.25 m 508 120.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 106.25 m 508 106.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458 104.25 m 508 104.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 120.25 m 562 120.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 106.25 m 562 106.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 104.25 m 562 104.25 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 400.05 272.48 Td (Fair) Tj ET Q q 0 0 0 rg BT 414.64 272.48 Td ( ) Tj ET Q q 0 0 0 rg BT 416.49 272.48 Td (V) Tj ET Q q 0 0 0 rg BT 421.83 272.48 Td (alue at December) Tj ET Q q 0 0 0 rg BT 480.92 272.48 Td ( 30, 2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 362.15 259.48 Td (Level1) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 416.15 259.48 Td (Level2) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 470.15 259.48 Td (Level3) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 527.75 259.48 Td (T) Tj ET Q q 0 0 0 rg BT 532.35 259.48 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 244.92 Td (Assets:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 229.92 Td (Forward contracts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.50 229.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.15 229.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.50 229.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.65 229.92 Td (2,438) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.50 229.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.15 229.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.50 229.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 229.92 Td (2,438) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 214.92 Td (Deferred compensation plan assets:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 199.92 Td (Investment in publicly traded mutual funds) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.65 199.92 Td (4,806) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.15 199.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.15 199.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 199.92 Td (4,806) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 184.92 Td (Interest rate swaps) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.15 184.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.15 184.92 Td (195) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.15 184.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 184.92 Td (195) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 169.92 Td (T) Tj ET Q q 0 0 0 rg BT 64.26 169.92 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.50 169.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.65 169.92 Td (4,806) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.50 169.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.65 169.92 Td (2,633) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.50 169.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.15 169.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.50 169.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 169.92 Td (7,439) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 154.92 Td (Liabilities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 139.92 Td (Contingent consideration) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.50 139.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.15 139.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.50 139.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.15 139.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.50 139.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.65 139.92 Td (6,452) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.50 139.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 139.92 Td (6,452) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 124.92 Td (Forward contracts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.15 124.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.65 124.92 Td (17,885) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.15 124.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.65 124.92 Td (17,885) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 109.92 Td (T) Tj ET Q q 0 0 0 rg BT 63.91 109.92 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.50 109.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.15 109.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.50 109.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.65 109.92 Td (17,885) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.50 109.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.65 109.92 Td (6,452) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.50 109.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.65 109.92 Td (24,337) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 84.75 Td (The fair values of the Company's deferred compensation plan assets are based on quoted prices. ) Tj ET Q q 0 0 0 rg BT 458.88 84.75 Td (The deferred ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 72.75 Td (compensation plan assets are recorded in intangible and other assetsnet in the Company's consolidated balance sheets. ) Tj ET Q q 0 0 0 rg BT 533.48 72.75 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 60.75 Td (fair values of the Company's forward contracts are based on published quotations of spot currency rates and forward points, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 48.75 Td (which are converted into implied forward currency rates.) Tj ET Q endstream endobj 137 0 obj <>] /Rotate 0 /Contents 138 0 R>> endobj 138 0 obj <> stream BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.39 w 0 i [] 0 d 1 J 1 j 3 M 50 772.93359375 m 106.76171875 772.93359375 l s q 0 0 1 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 1 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET q 0 0 0 rg BT 256.70 754.00 Td (FOSSIL) Tj ET Q q 0 0 0 rg BT 291.72 754.00 Td ( GROUP) Tj ET Q q 0 0 0 rg BT 329.41 754.00 Td (,INC.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 148.20 734.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 184.42 734.00 Td (T) Tj ET Q q 0 0 0 rg BT 190.91 734.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 261.01 734.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 340.19 734.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 354.18 734.00 Td (A) Tj ET Q q 0 0 0 rg BT 360.66 734.00 Td (TEMENTS \(Continued\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (65) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 690.60 Td (The fair value of the Company's debt approximated its carrying amount as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.82 690.60 Td (December29, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.41 690.60 Td (. ) Tj ET Q q 0 0 0 rg BT 466.85 690.60 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.30 690.60 Td (December30, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 678.60 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 678.60 Td (, debt, excluding unamortized debt issuance costs and capital leases, was recorded at cost and had a carrying value of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 666.60 Td ($445.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.39 666.60 Td ( and a fair value of approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 246.39 666.60 Td ($439.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.28 666.60 Td (. ) Tj ET Q q 0 0 0 rg BT 310.10 666.60 Td (The fair value of debt was obtained using observable market ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 654.60 Td (inputs. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 633.60 Td (Property) Tj ET Q q 0 0 0 rg BT 107.29 633.60 Td (, plant and equipmentnet with a carrying amount of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 325.01 633.60 Td ($3.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.90 633.60 Td ( related to retail store leasehold improvements ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 621.60 Td (and fixturing was written down to a fair value of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 246.11 621.60 Td ($0.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.00 621.60 Td ( and related key money in the amount of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.12 621.60 Td ($0.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.01 621.60 Td ( was deemed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 609.60 Td (not recoverable, resulting in total impairment char) Tj ET Q q 0 0 0 rg BT 250.08 609.60 Td (ges of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 276.74 609.60 Td ($3.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 325.63 609.60 Td ( for fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.16 609.60 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.16 609.60 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 588.60 Td (The fair values of assets related to Company-owned retail stores were determined using Level3 inputs. Of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.42 588.60 Td ($3.8 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 576.60 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.39 576.60 Td ( impairment expense, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 166.70 576.60 Td ($1.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.59 576.60 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 235.03 576.60 Td ($0.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 283.92 576.60 Td ( were recorded in restructuring char) Tj ET Q q 0 0 0 rg BT 426.72 576.60 Td (ges in the Europe and ) Tj ET Q q 0 0 0 rg BT 515.31 576.60 Td (Americas ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 564.60 Td (segments, respectively and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.47 564.60 Td ($1.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 208.36 564.60 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 227.80 564.60 Td ($0.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 276.69 564.60 Td ( were recorded in SG&A) Tj ET Q q 0 0 0 rg BT 376.10 564.60 Td ( in the ) Tj ET Q q 0 0 0 rg BT 403.04 564.60 Td (Americas and Europe segments, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 552.60 Td (respectively) Tj ET Q q 0 0 0 rg BT 97.16 552.60 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 531.60 Td (In fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.19 531.60 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 148.19 531.60 Td (, property) Tj ET Q q 0 0 0 rg BT 186.42 531.60 Td (, plant and equipmentnet with a carrying amount of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.14 531.60 Td ($9.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.03 531.60 Td ( related to retail store ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 519.60 Td (leasehold improvements and fixturing and related key money in the amount of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.53 519.60 Td ($0.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.42 519.60 Td ( was deemed not recoverable, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 507.60 Td (resulting in total impairment char) Tj ET Q q 0 0 0 rg BT 183.17 507.60 Td (ges of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 209.83 507.60 Td ($9.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.72 507.60 Td ( for fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.25 507.60 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.25 507.60 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 486.60 Td (The fair value of goodwill and trade names are measured on a non-recurring basis using Level 3 inputs, including ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 474.60 Td (forecasted cash flows, discounts rates and implied royalty rates. ) Tj ET Q q 0 0 0 rg BT 306.74 474.60 Td (T) Tj ET Q q 0 0 0 rg BT 312.50 474.60 Td (rade name impairment char) Tj ET Q q 0 0 0 rg BT 421.99 474.60 Td (ges are recorded in the Corporate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 462.60 Td (cost area. See Note 1Significant ) Tj ET Q q 0 0 0 rg BT 189.46 462.60 Td (Accounting Policies for additional disclosures about goodwill and trade name impairment.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 441.60 Td (In fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.19 441.60 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 148.19 441.60 Td (, the SKAGEN trade name with a carrying amount of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.96 441.60 Td ($27.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.86 441.60 Td ( was written down to its implied ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 429.60 Td (fair value of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 100.86 429.60 Td ($21.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.75 429.60 Td (, resulting in a pre-tax impairment char) Tj ET Q q 0 0 0 rg BT 310.91 429.60 Td (ge of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 333.67 429.60 Td ($6.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.57 429.60 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 408.60 Td (In fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.19 408.60 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 148.19 408.60 Td (, the Company fully impaired its goodwill balance and recorded pre-tax impairment char) Tj ET Q q 0 0 0 rg BT 502.62 408.60 Td (ges of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.28 408.60 Td ($202.3 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 396.60 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.39 396.60 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 83.39 396.60 Td ($1) Tj ET Q q 0 0 0 rg BT 93.02 396.60 Td (14.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 141.91 396.60 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 161.35 396.60 Td ($42.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.24 396.60 Td ( in the ) Tj ET Q q 0 0 0 rg BT 242.19 396.60 Td (Americas, Europe and ) Tj ET Q q 0 0 0 rg BT 333.26 396.60 Td (Asia segments, respectively) Tj ET Q q 0 0 0 rg BT 443.97 396.60 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 375.60 Td (In fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.19 375.60 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 148.19 375.60 Td (, the SKAGEN trade name with a carrying amount of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.96 375.60 Td ($55.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.86 375.60 Td ( was written down to its implied ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 363.60 Td (fair value of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 100.86 363.60 Td ($27.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.75 363.60 Td (, resulting in a pre-tax impairment char) Tj ET Q q 0 0 0 rg BT 310.91 363.60 Td (ge of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 333.67 363.60 Td ($28.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.57 363.60 Td (; the MISFIT) Tj ET Q q 0 0 0 rg BT 440.16 363.60 Td ( trade name with a carrying ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 351.60 Td (amount of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 92.83 351.60 Td ($1) Tj ET Q q 0 0 0 rg BT 102.45 351.60 Td (1.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 146.35 351.60 Td ( was deemed not recoverable, resulting in a pre-tax impairment char) Tj ET Q q 0 0 0 rg BT 418.55 351.60 Td (ge of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.32 351.60 Td ($1) Tj ET Q q 0 0 0 rg BT 450.95 351.60 Td (1.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.84 351.60 Td ( and the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 339.60 Td (MICHELE trade name with a carrying amount of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.44 339.60 Td ($18.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.33 339.60 Td ( was written down to its implied fair value of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.07 339.60 Td ($10.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.96 339.60 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 327.60 Td (resulting in a pre-tax impairment char) Tj ET Q q 0 0 0 rg BT 200.65 327.60 Td (ge of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 223.42 327.60 Td ($7.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 272.31 327.60 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 306.60 Td (The fair value of the contingent consideration liability related to Fossil ) Tj ET Q q 0 0 0 rg BT 356.65 306.60 Td (Accessories South ) Tj ET Q q 0 0 0 rg BT 432.20 306.60 Td (Africa Pty) Tj ET Q q 0 0 0 rg BT 472.92 306.60 Td (. Ltd. \() Tj ET Q q 0 0 0 rg BT 502.73 306.60 Td (Fossil South ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 294.60 Td (Africa) Tj ET Q q 0 0 0 rg BT 77.63 294.60 Td (\) was determined using Level 3 inputs. See Note 15Stockholders' Equity for additional disclosures about the equity ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 282.60 Td (transaction. ) Tj ET Q q 0 0 0 rg BT 98.19 282.60 Td (The contingent consideration is based on Fossil South ) Tj ET Q q 0 0 0 rg BT 315.95 282.60 Td (Africa's projected earnings and dividends through fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 270.60 Td (2020 with the final payments expected the following year) Tj ET Q q 0 0 0 rg BT 279.44 270.60 Td (. Mainly driven by a decrease in Fossil South ) Tj ET Q q 0 0 0 rg BT 462.19 270.60 Td (Africa's estimated future ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 258.60 Td (revenue for fiscal years 2019 and 2020, the Company recorded a favorable $) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.77 258.60 Td (3.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.66 258.60 Td ( remeasurement adjustment to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 246.60 Td (contingent consideration liability in other income \(expense\)-net during fiscal year 2018. ) Tj ET Q q 0 0 0 rg BT 403.66 246.60 Td (The fair value of the contingent ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 234.60 Td (consideration liability was measured using Level 3 inputs, including forecasted cash flows and a discount rate. ) Tj ET Q q 0 0 0 rg BT 493.65 234.60 Td (The present ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 222.60 Td (value of the contingent consideration liability was valued at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.82 222.60 Td ($2.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.71 222.60 Td ( as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.87 222.60 Td (December29, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.45 222.60 Td (. ) Tj ET Q endstream endobj 139 0 obj <>] /Rotate 0 /Contents 140 0 R>> endobj 140 0 obj <> stream BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.39 w 0 i [] 0 d 1 J 1 j 3 M 50 772.93359375 m 106.76171875 772.93359375 l s q 0 0 1 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 1 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET q 0 0 0 rg BT 256.70 754.00 Td (FOSSIL) Tj ET Q q 0 0 0 rg BT 291.72 754.00 Td ( GROUP) Tj ET Q q 0 0 0 rg BT 329.41 754.00 Td (,INC.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 148.20 734.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 184.42 734.00 Td (T) Tj ET Q q 0 0 0 rg BT 190.91 734.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 261.01 734.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 340.19 734.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 354.18 734.00 Td (A) Tj ET Q q 0 0 0 rg BT 360.66 734.00 Td (TEMENTS \(Continued\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (66) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 690.75 Td (1) Tj ET Q q 0 0 0 rg BT 53.95 690.75 Td (1. Debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 669.75 Td (The Company's debt consisted of the following, excluding capital lease obligations, \(in millions\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 638.25 349.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 399.00 638.25 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 476.00 638.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 480.00 638.25 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 608.25 349.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 399.00 608.25 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 476.00 608.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 480.00 608.25 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 578.25 349.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 399.00 578.25 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 476.00 578.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 480.00 578.25 77.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399 638.25 m 476 638.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 480 638.25 m 557 638.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399 638.25 m 476 638.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 480 638.25 m 557 638.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399 593.25 m 476 593.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 480 593.25 m 557 593.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399 578.25 m 476 578.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 480 578.25 m 557 578.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399 563.25 m 476 563.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399 549.25 m 476 549.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399 547.25 m 476 547.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 480 563.25 m 557 563.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 480 549.25 m 557 549.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 480 547.25 m 557 547.25 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 404.75 642.48 Td (December) Tj ET Q q 0 0 0 rg BT 439.32 642.48 Td ( 29, 2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 485.75 642.48 Td (December) Tj ET Q q 0 0 0 rg BT 520.25 642.48 Td ( 30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 627.92 Td (U.S. revolving line of credit ) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 167.20 632.45 Td (\(1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.50 627.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 627.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.50 627.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.65 627.92 Td (440.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 612.92 Td (U.S. term loan) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 110.83 617.45 Td (\(2\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.65 612.92 Td (392.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 612.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 597.92 Td (Other international) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.65 597.92 Td (0.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.65 597.92 Td (0.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 582.92 Td (T) Tj ET Q q 0 0 0 rg BT 64.26 582.92 Td (otal debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.50 582.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.65 582.92 Td (392.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.50 582.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.65 582.92 Td (441.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 567.92 Td (Less current portion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.65 567.92 Td (125.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.65 567.92 Td (0.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 552.92 Td (Long-term debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.50 552.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.65 552.92 Td (267.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.50 552.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.65 552.92 Td (440.3) Tj ET Q BT /F1 10.00 Tf ET BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 539.15 Td (___________________________________________) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 49.50 531.68 Td (\(1\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 527.15 Td (Net of debt issuance costs of) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 184.69 527.15 Td ($4.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 233.58 527.15 Td (at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 245.80 527.15 Td (December30, 2017) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 49.50 519.68 Td (\(2\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 515.15 Td (Net of debt issuance costs of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 184.69 515.15 Td ($7.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 233.58 515.15 Td ( at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 245.80 515.15 Td (December29, 2018) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 72.00 491.15 Td (U.S.-Based.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 120.61 491.15 Td (On January 29, 2018, the Company) Tj ET Q q 0 0 0 rg BT 264.39 491.15 Td (, as U.S. borrower) Tj ET Q q 0 0 0 rg BT 336.75 491.15 Td (, and certain of its foreign subsidiaries, as non-U.S. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 479.15 Td (borrowers, entered into a Second ) Tj ET Q q 0 0 0 rg BT 183.35 479.15 Td (Amended and Restated Credit ) Tj ET Q q 0 0 0 rg BT 305.54 479.15 Td (Agreement \(the "Credit ) Tj ET Q q 0 0 0 rg BT 401.54 479.15 Td (Agreement"\). ) Tj ET Q q 0 0 0 rg BT 458.19 479.15 Td (The Credit ) Tj ET Q q 0 0 0 rg BT 503.18 479.15 Td (Agreement ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 467.15 Td (provides for \(i\) revolving credit loans in the amount of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.55 467.15 Td ($325 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.95 467.15 Td (, subject to a borrowing base \(as described below\), \(the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 455.15 Td ("Revolving Credit Facility"\), with an up to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 223.20 455.15 Td ($45.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.09 455.15 Td ( subfacility for letters of credit, and \(ii\)a term loan made to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 443.15 Td (Company in the amount of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.21 443.15 Td ($425 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 210.60 443.15 Td ( \(the "T) Tj ET Q q 0 0 0 rg BT 240.64 443.15 Td (erm Loan Facility"\). ) Tj ET Q q 0 0 0 rg BT 324.51 443.15 Td (The Credit ) Tj ET Q q 0 0 0 rg BT 369.50 443.15 Td (Agreement expires and is due and payable on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 431.15 Td (December 31, 2020. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 410.15 Td (A) Tj ET Q q 0 0 0 rg BT 78.48 410.15 Td (vailability under the Revolving Credit Facility and any letters of credit are subject to a borrowing base equal to, \(a\) with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 398.15 Td (respect to Fossil Group Inc., the sum of \(i\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 221.97 398.15 Td (85%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 240.30 398.15 Td ( of eligible U.S. accounts receivable and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.41 398.15 Td (90%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.74 398.15 Td ( of net U.S. credit card receivables ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 386.15 Td (\(less any dilution reserve\), and \(ii\)the lesser of \(A\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 256.93 386.15 Td (65%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 275.26 386.15 Td ( of the lower of cost or market value of eligible U.S. finished good ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 374.15 Td (inventory and \(B\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 123.09 374.15 Td (85%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 141.42 374.15 Td ( of the appraised net orderly liquidation value of eligible U.S. finished good inventory) Tj ET Q q 0 0 0 rg BT 484.86 374.15 Td (, minus \(iii\) the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 362.15 Td (aggregate amount of reserves, if any) Tj ET Q q 0 0 0 rg BT 194.34 362.15 Td (, established by the ) Tj ET Q q 0 0 0 rg BT 272.94 362.15 Td (Administrative ) Tj ET Q q 0 0 0 rg BT 334.88 362.15 Td (Agent in good faith and in the exercise of reasonable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 350.15 Td (business judgment from the perspective of a secured asset-based lender; and \(b\) with respect to each non-U.S. borrower) Tj ET Q q 0 0 0 rg BT 528.11 350.15 Td (, the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 338.15 Td (sum of \(i\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 91.44 338.15 Td (85%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 109.77 338.15 Td ( of eligible accounts receivable of the non-U.S. borrowers \(less any dilution reserve\) and \(ii\) the least of \(A\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 326.15 Td (65%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.83 326.15 Td ( of the lower of cost or market value of eligible foreign finished goods inventory of the non-U.S. borrowers, \(B\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.00 326.15 Td (85%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.33 326.15 Td ( of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 314.15 Td (appraised net orderly liquidation value of eligible foreign finished goods inventory of the non-U.S. borrowers, and \(C\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 302.15 Td ($185,000,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.50 302.15 Td ( minus \(iii\) the aggregate amount of reserves, if any) Tj ET Q q 0 0 0 rg BT 311.00 302.15 Td (, established by the ) Tj ET Q q 0 0 0 rg BT 389.60 302.15 Td (Administrative ) Tj ET Q q 0 0 0 rg BT 451.54 302.15 Td (Agent in good faith and in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 290.15 Td (the exercise of reasonable business judgment from the perspective of a secured asset-based lender) Tj ET Q q 0 0 0 rg BT 440.18 290.15 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 266.15 Td (In connection with the Credit ) Tj ET Q q 0 0 0 rg BT 191.14 266.15 Td (Agreement, the Company and all of its domestic subsidiaries entered into a Collateral ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 254.15 Td (Agreement in favor of the ) Tj ET Q q 0 0 0 rg BT 155.30 254.15 Td (Administrative ) Tj ET Q q 0 0 0 rg BT 217.23 254.15 Td (Agent, pursuant to which the Company and such subsidiaries granted liens on all or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 242.15 Td (substantially all of their assets in order to secure the Company) Tj ET Q q 0 0 0 rg BT 301.11 242.15 Td (s obligations under the Credit ) Tj ET Q q 0 0 0 rg BT 421.37 242.15 Td (Agreement and the other loan ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 230.15 Td (documents \(theObligations\). ) Tj ET Q q 0 0 0 rg BT 176.69 230.15 Td (Additionally) Tj ET Q q 0 0 0 rg BT 226.59 230.15 Td (, all of the Company) Tj ET Q q 0 0 0 rg BT 311.30 230.15 Td (s domestic subsidiaries entered into a Guaranty ) Tj ET Q q 0 0 0 rg BT 502.09 230.15 Td (Agreement in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 218.15 Td (favor of the ) Tj ET Q q 0 0 0 rg BT 98.09 218.15 Td (Administrative ) Tj ET Q q 0 0 0 rg BT 160.03 218.15 Td (Agent, pursuant to which such subsidiaries guarantee the payment and performance of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 206.15 Td (Obligations. ) Tj ET Q q 0 0 0 rg BT 100.61 206.15 Td (Additionally) Tj ET Q q 0 0 0 rg BT 150.52 206.15 Td (, Fossil Group Europe and the other non-U.S. borrowers from time to time party to the Credit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 194.15 Td (Agreement are required to enter into security instruments with respect to all or substantially all of their assets that can be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 182.15 Td (pledged under applicable local law) Tj ET Q q 0 0 0 rg BT 188.24 182.15 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 158.15 Td (The Credit ) Tj ET Q q 0 0 0 rg BT 116.99 158.15 Td (Agreement amended and restated that certain credit agreement, dated as of March9, 2015, as amended, which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 146.15 Td (was scheduled to mature on May17, 2019 \(the"Prior ) Tj ET Q q 0 0 0 rg BT 265.49 146.15 Td (Agreement"\). ) Tj ET Q q 0 0 0 rg BT 324.27 146.15 Td (As of January29, 2018, the Company had ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.35 146.15 Td ($497.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.25 146.15 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 134.15 Td (in aggregate principal amount of revolving credit loans outstanding and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.31 134.15 Td (no) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.31 134.15 Td ( term loans outstanding under the Prior ) Tj ET Q q 0 0 0 rg BT 506.34 134.15 Td (Agreement, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 122.15 Td (all of which was refinanced on January29, 2018 with borrowings under the Credit ) Tj ET Q q 0 0 0 rg BT 381.37 122.15 Td (Agreement. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.79 122.15 Td (No) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.01 122.15 Td ( penalties or other early ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 110.15 Td (termination fees were incurred in connection with the amendment and restatement of the Prior ) Tj ET Q q 0 0 0 rg BT 428.26 110.15 Td (Agreement. ) Tj ET Q q 0 0 0 rg BT 477.50 110.15 Td (The Company ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 98.15 Td (recorded a loss of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.81 98.15 Td ($0.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 171.70 98.15 Td ( in other income \(expense\) - net during the first quarter of fiscal year 2018 for debt issuance costs ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 86.15 Td (associated with the Prior ) Tj ET Q q 0 0 0 rg BT 150.04 86.15 Td (Agreement. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 62.15 Td (Amounts outstanding under the Revolving Credit Facility bear interest per annum at the \(a\)LIBOR rate plus the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 50.15 Td (applicable interest mar) Tj ET Q q 0 0 0 rg BT 140.39 50.15 Td (gin, \(b\) the daily LIBOR rate plus the applicable interest mar) Tj ET Q q 0 0 0 rg BT 384.30 50.15 Td (gin or \(c\)the base rate plus the applicable ) Tj ET Q endstream endobj 141 0 obj <>] /Rotate 0 /Contents 142 0 R>> endobj 142 0 obj <> stream BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.39 w 0 i [] 0 d 1 J 1 j 3 M 50 772.93359375 m 106.76171875 772.93359375 l s q 0 0 1 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 1 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET q 0 0 0 rg BT 256.70 754.00 Td (FOSSIL) Tj ET Q q 0 0 0 rg BT 291.72 754.00 Td ( GROUP) Tj ET Q q 0 0 0 rg BT 329.41 754.00 Td (,INC.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 148.20 734.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 184.42 734.00 Td (T) Tj ET Q q 0 0 0 rg BT 190.91 734.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 261.01 734.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 340.19 734.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 354.18 734.00 Td (A) Tj ET Q q 0 0 0 rg BT 360.66 734.00 Td (TEMENTS \(Continued\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (67) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 690.60 Td (interest mar) Tj ET Q q 0 0 0 rg BT 96.80 690.60 Td (gin. ) Tj ET Q q 0 0 0 rg BT 114.40 690.60 Td (The applicable interest mar) Tj ET Q q 0 0 0 rg BT 223.33 690.60 Td (gin varies from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.93 690.60 Td (4.00%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.76 690.60 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 325.54 690.60 Td (5.00%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.37 690.60 Td ( for LIBOR rate loans and daily LIBOR rate loans ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 678.60 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.44 678.60 Td (1.50%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 92.27 678.60 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 105.05 678.60 Td (3.00%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 130.88 678.60 Td ( for base rate loans and is based on the Company) Tj ET Q q 0 0 0 rg BT 329.16 678.60 Td (s average daily excess availability under the Revolving ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 666.60 Td (Credit Facility for the most recently ended calendar quarter) Tj ET Q q 0 0 0 rg BT 286.23 666.60 Td (, which is an amount equal \(a\) the lesser of \(i\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.28 666.60 Td ($325 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.67 666.60 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 654.60 Td (\(ii\)the aggregate borrowing base minus \(b\)the amount of all outstanding borrowings and letter of credit obligations under the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 642.60 Td (Revolving Credit Facility) Tj ET Q q 0 0 0 rg BT 151.06 642.60 Td (, for each day during the applicable period divided by the number of days in such period. ) Tj ET Q q 0 0 0 rg BT 508.83 642.60 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 630.60 Td (applicable interest mar) Tj ET Q q 0 0 0 rg BT 140.39 630.60 Td (gin will increase by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 221.48 630.60 Td (1%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 234.81 630.60 Td ( per annum on each anniversary of the closing of the Credit ) Tj ET Q q 0 0 0 rg BT 474.18 630.60 Td (Agreement. ) Tj ET Q q 0 0 0 rg BT 523.42 630.60 Td (The base ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 618.60 Td (rate loans under the Revolving Credit Facility are available only to the Company and Fossil Group Europe and loans ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 606.60 Td (denominated in U.S. dollars.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 582.60 Td (Amounts outstanding under the ) Tj ET Q q 0 0 0 rg BT 200.14 582.60 Td (T) Tj ET Q q 0 0 0 rg BT 205.55 582.60 Td (erm Loan Facility bear interest at a rate per annum equal to \(a\)the LIBOR rate plus ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.37 582.60 Td (7%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 555.70 582.60 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 570.60 Td (increasing to the LIBOR rate plus ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 187.24 570.60 Td (8%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.57 570.60 Td ( on January 29, 2019 and the LIBOR rate plus ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.48 570.60 Td (9%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.81 570.60 Td ( on January 29, 2020 and thereafter or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 558.60 Td (\(b\)the base rate plus ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 135.30 558.60 Td (5.5%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.13 558.60 Td (, increasing to the base rate plus ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.64 558.60 Td (6.5%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.47 558.60 Td ( on January 29, 2019 and to the base rate plus ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.43 558.60 Td (7.5%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.26 558.60 Td ( on January ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 546.60 Td (29, 2020 and thereafter) Tj ET Q q 0 0 0 rg BT 141.69 546.60 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 522.60 Td (The Company is required to repay the outstanding principal balance of the ) Tj ET Q q 0 0 0 rg BT 371.73 522.60 Td (T) Tj ET Q q 0 0 0 rg BT 377.14 522.60 Td (erm Loan Facility in the amount of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.60 522.60 Td ($125 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 510.60 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.39 510.60 Td ( on March 31, 2019, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 161.99 510.60 Td ($75 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 208.38 510.60 Td ( on March 31, 2020 and the outstanding balance on December 31, 2020. ) Tj ET Q q 0 0 0 rg BT 498.87 510.60 Td (Additionally) Tj ET Q q 0 0 0 rg BT 548.77 510.60 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 498.60 Td (loans under the Credit ) Tj ET Q q 0 0 0 rg BT 140.04 498.60 Td (Agreement may be prepaid, in whole or in part, at the option of the Company) Tj ET Q q 0 0 0 rg BT 448.75 498.60 Td (, in minimum principal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 486.60 Td (amounts of \(a\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.32 486.60 Td ($1.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.21 486.60 Td ( or increments of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 229.74 486.60 Td ($1.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.63 486.60 Td ( in excess thereof, with respect to a base rate loan under the Revolving ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 474.60 Td (Credit Facility) Tj ET Q q 0 0 0 rg BT 106.90 474.60 Td (, \(b\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.06 474.60 Td ($5.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 174.95 474.60 Td ( or increments of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 245.48 474.60 Td ($1.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.37 474.60 Td ( in excess thereof, with respect to a LIBOR rate loan or a daily ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 462.60 Td (LIBOR rate loan under the Revolving Credit Facility) Tj ET Q q 0 0 0 rg BT 260.75 462.60 Td (, and \(c\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.29 462.60 Td ($5.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.18 462.60 Td ( or increments of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.71 462.60 Td ($1.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.60 462.60 Td ( in excess thereof, with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 450.60 Td (respect to the ) Tj ET Q q 0 0 0 rg BT 105.13 450.60 Td (T) Tj ET Q q 0 0 0 rg BT 110.54 450.60 Td (erm Loan Facility) Tj ET Q q 0 0 0 rg BT 181.54 450.60 Td (. Loans under the Credit ) Tj ET Q q 0 0 0 rg BT 280.40 450.60 Td (Agreement must be repaid with the net cash proceeds of certain asset ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 438.60 Td (sales, insurance and condemnation events, certain debt and equity issuances and certain cash dividends received from the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 426.60 Td (Company) Tj ET Q q 0 0 0 rg BT 91.17 426.60 Td (s subsidiaries. ) Tj ET Q q 0 0 0 rg BT 149.59 426.60 Td (The Company may permanently reduce the revolving credit commitment at any time, in whole or in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 414.60 Td (part, without premium or penalty) Tj ET Q q 0 0 0 rg BT 181.32 414.60 Td (, in a minimum aggregate principal amount of not less than ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.15 414.60 Td ($3.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.05 414.60 Td ( or increments of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.58 414.60 Td ($1.0 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 402.60 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.39 402.60 Td ( in excess thereof.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 378.60 Td (The Company is required to pay a commitment fee on the unused amounts of the commitments under the Revolving ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 366.60 Td (Credit Facility) Tj ET Q q 0 0 0 rg BT 106.90 366.60 Td (, payable quarterly in arrears, of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.39 366.60 Td (0.5%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.22 366.60 Td ( on the average daily unused portion of the overall commitment under the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 354.60 Td (Revolving Credit Facility) Tj ET Q q 0 0 0 rg BT 151.06 354.60 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 342.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 330.60 Td (The repayment obligation under the Credit ) Tj ET Q q 0 0 0 rg BT 244.73 330.60 Td (Agreement can be accelerated upon the occurrence of an event of default, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 318.60 Td (including the failure to pay principal or interest, a material inaccuracy of a representation or warranty) Tj ET Q q 0 0 0 rg BT 454.23 318.60 Td (, violation of covenants, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 306.60 Td (cross-default, change in control, bankruptcy events, failure of a loan document provision, certain ERISA) Tj ET Q q 0 0 0 rg BT 467.43 306.60 Td ( events and material ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 294.60 Td (judgments.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 270.60 Td (Financial covenants governing the Credit ) Tj ET Q q 0 0 0 rg BT 238.90 270.60 Td (Agreement require the Company to maintain \(a\)a minimum fixed char) Tj ET Q q 0 0 0 rg BT 522.52 270.60 Td (ge ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 258.60 Td (coverage ratio measured quarterly on a rolling twelve-month basis of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.29 258.60 Td (1.15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.79 258.60 Td ( to 1.00 if the Company) Tj ET Q q 0 0 0 rg BT 443.56 258.60 Td (s quarter) Tj ET Q q 0 0 0 rg BT 478.07 258.60 Td (-end balances of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 246.60 Td (cash and cash equivalents plus the excess availability under the Revolving Credit Facility is less than ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.07 246.60 Td ($200 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.46 246.60 Td (; \(b\)a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 234.60 Td (maximum leverage ratio measured as of the last day of each fiscal quarter for the period of four fiscal quarters ending on such ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 222.60 Td (date of \(i\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 91.42 222.60 Td (4.25) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.92 222.60 Td ( to 1.0 for the period ended December 29, 2018,\(ii\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.30 222.60 Td (3.75) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 335.80 222.60 Td ( to 1.0 for each fiscal quarter ending during the period ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 210.60 Td (from December 30, 2018 through September 28, 2019, and \(iii\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.33 210.60 Td (3.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.83 210.60 Td ( to 1.0 thereafter; \(c\)a minimum trailing twelve-month ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 198.60 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 85.61 198.60 Td ( tested quarterly of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 163.36 198.60 Td ($1) Tj ET Q q 0 0 0 rg BT 172.99 198.60 Td (10 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 214.38 198.60 Td ( \(beginning with the fiscal quarter ended December29, 2018\); \(d\)a minimum ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 186.60 Td (liquidity covenant of unrestricted cash and cash equivalents plus available and unused capacity under the Revolving Credit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 174.60 Td (Facility equal to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.99 174.60 Td ($160 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 168.38 174.60 Td (; and \(e\)maximum capital expenditures of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.82 174.60 Td ($35 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.21 174.60 Td ( per year) Tj ET Q q 0 0 0 rg BT 421.63 174.60 Td (. ) Tj ET Q q 0 0 0 rg BT 428.58 174.60 Td (Additionally) Tj ET Q q 0 0 0 rg BT 478.48 174.60 Td (, the Company is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 162.60 Td (restricted from making open market repurchases of its common stock.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 141.60 Td (During fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 146.69 141.60 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 166.69 141.60 Td (, the Company had net borrowings of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.33 141.60 Td ($400.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.22 141.60 Td ( under the ) Tj ET Q q 0 0 0 rg BT 419.53 141.60 Td (T) Tj ET Q q 0 0 0 rg BT 424.94 141.60 Td (erm Loan. ) Tj ET Q q 0 0 0 rg BT 468.35 141.60 Td (The Company had net ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 129.60 Td (payments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.83 129.60 Td ( of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 101.16 129.60 Td ($445.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 160.05 129.60 Td ( under the Revolving Credit Facility during fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.71 129.60 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.71 129.60 Td (. ) Tj ET Q q 0 0 0 rg BT 404.16 129.60 Td (Amounts available under the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 117.60 Td (Revolving Credit Facility were reduced by any amounts outstanding under standby letters of credit. ) Tj ET Q q 0 0 0 rg BT 449.13 117.60 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.57 117.60 Td (December29, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.16 117.60 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 105.60 Td (the Company had available borrowing capacity of approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.19 105.60 Td ($322.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.08 105.60 Td ( under the Revolving Credit Facility) Tj ET Q q 0 0 0 rg BT 515.13 105.60 Td (. ) Tj ET Q q 0 0 0 rg BT 519.95 105.60 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 93.60 Td (Company incurred approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 186.96 93.60 Td ($33.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 240.85 93.60 Td ( of interest expense under the ) Tj ET Q q 0 0 0 rg BT 360.63 93.60 Td (T) Tj ET Q q 0 0 0 rg BT 366.04 93.60 Td (erm Loan during fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.60 93.60 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.60 93.60 Td (. ) Tj ET Q q 0 0 0 rg BT 504.42 93.60 Td (The Company ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 81.60 Td (incurred approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 145.57 81.60 Td ($3.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 194.47 81.60 Td ( of interest expense under the Revolving Credit Facility during fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.60 81.60 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 511.60 81.60 Td (. ) Tj ET Q q 0 0 0 rg BT 516.42 81.60 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 69.60 Td (Company incurred approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 186.96 69.60 Td ($3.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 235.85 69.60 Td ( of interest expense related to the amortization of debt issuance costs during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 57.60 Td (fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 93.36 57.60 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.36 57.60 Td (. ) Tj ET Q endstream endobj 143 0 obj <>] /Rotate 0 /Contents 144 0 R>> endobj 144 0 obj <> stream BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.39 w 0 i [] 0 d 1 J 1 j 3 M 50 772.93359375 m 106.76171875 772.93359375 l s q 0 0 1 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 1 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET q 0 0 0 rg BT 256.70 754.00 Td (FOSSIL) Tj ET Q q 0 0 0 rg BT 291.72 754.00 Td ( GROUP) Tj ET Q q 0 0 0 rg BT 329.41 754.00 Td (,INC.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 148.20 734.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 184.42 734.00 Td (T) Tj ET Q q 0 0 0 rg BT 190.91 734.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 261.01 734.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 340.19 734.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 354.18 734.00 Td (A) Tj ET Q q 0 0 0 rg BT 360.66 734.00 Td (TEMENTS \(Continued\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (68) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 72.00 690.75 Td (Foreign-Based. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.67 690.75 Td (On June 23, 2016, Fossil South ) Tj ET Q q 0 0 0 rg BT 265.91 690.75 Td (Africa entered into a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.87 690.75 Td (20 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.26 690.75 Td ( South ) Tj ET Q q 0 0 0 rg BT 420.05 690.75 Td (African rand short-term note with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 678.75 Td (First National Bank \(the "Fossil South ) Tj ET Q q 0 0 0 rg BT 204.70 678.75 Td (Africa Note"\) that is used for working capital purposes. ) Tj ET Q q 0 0 0 rg BT 429.09 678.75 Td (The Fossil South ) Tj ET Q q 0 0 0 rg BT 498.83 678.75 Td (Africa Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 666.75 Td (bears interest at the bank's prime rate, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 202.91 666.75 Td (10.25%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 233.74 666.75 Td ( as of year end ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.54 666.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.54 666.75 Td (. ) Tj ET Q BT /F1 10.00 Tf ET 1 1 1 rg /GS0 gs 319.45 673.68 216.81 -9.09 re f /GS0 gs q 0 0 0 rg BT 319.36 666.75 Td (The Fossil South ) Tj ET Q q 0 0 0 rg BT 389.10 666.75 Td (Africa note is reviewed annually for ) Tj ET Q BT /F1 10.00 Tf ET 1 1 1 rg /GS0 gs 49.50 661.68 478.51 -9.09 re f /GS0 gs q 0 0 0 rg BT 49.50 654.75 Td (renewal. South ) Tj ET Q q 0 0 0 rg BT 111.43 654.75 Td (African rand-based borrowings, in U.S. dollars, under the Fossil South ) Tj ET Q q 0 0 0 rg BT 395.84 654.75 Td (Africa Note were approximately ) Tj ET Q BT /F1 10.00 Tf ET 1 1 1 rg /GS0 gs 528.01 661.68 20.00 -9.09 re f /GS0 gs q 0 0 0 rg BT 528.01 654.75 Td ($0.4 ) Tj ET Q BT /F1 10.00 Tf ET 1 1 1 rg /GS0 gs 49.50 649.68 28.89 -9.09 re f /GS0 gs q 0 0 0 rg BT 49.50 642.75 Td (million) Tj ET Q BT /F1 10.00 Tf ET 1 1 1 rg /GS0 gs 78.39 649.68 24.16 -9.09 re f /GS0 gs q 0 0 0 rg BT 78.39 642.75 Td ( as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 102.55 642.75 Td (December29, 2018) Tj ET Q BT /F1 10.00 Tf ET 1 1 1 rg /GS0 gs 181.14 649.68 2.50 -9.09 re f /GS0 gs q 0 0 0 rg BT 181.14 642.75 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 621.75 Td (The Company's debt as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 180.00 621.75 Td (December29, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.59 621.75 Td (, excluding capital lease obligations, matures as follows \(in millions\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 611.25 447.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.00 611.25 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 581.25 447.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.00 581.25 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 551.25 447.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.00 551.25 65.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497 581.25 m 562 581.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497 551.25 m 562 551.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497 537.25 m 562 537.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497 535.25 m 562 535.25 l s BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 600.92 Td (Less than 1 ) Tj ET Q q 0 0 0 rg BT 100.36 600.92 Td (Y) Tj ET Q q 0 0 0 rg BT 106.90 600.92 Td (ear) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.50 600.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 600.92 Td (125.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 585.92 Td (Y) Tj ET Q q 0 0 0 rg BT 59.22 585.92 Td (ear 2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 585.92 Td (275.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 570.92 Td (Principal amounts repayable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 570.92 Td (400.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 555.92 Td (Debt issuance costs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.30 555.97 Td (\(7.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 555.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 540.92 Td (T) Tj ET Q q 0 0 0 rg BT 63.91 540.92 Td (otal debt outstanding) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.50 540.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 540.92 Td (392.7) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 73.50 515.75 Td (Capital Lease Obligations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 182.67 515.75 Td () Tj ET Q q 0 0 0 rg BT 192.12 515.75 Td (At the end of fiscal years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.86 515.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.86 515.75 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.30 515.75 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.30 515.75 Td (, the Company had current capital lease obligations ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 503.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.33 503.75 Td ($1.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 109.22 503.75 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.66 503.75 Td ($1.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 177.55 503.75 Td (, respectively) Tj ET Q q 0 0 0 rg BT 230.21 503.75 Td (, and long-term capital lease obligations of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.49 503.75 Td ($2.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.39 503.75 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.82 503.75 Td ($3.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.72 503.75 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 491.75 Td (respectively) Tj ET Q q 0 0 0 rg BT 97.16 491.75 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 470.75 Td (12. Other) Tj ET Q q 0 0 0 rg BT 89.87 470.75 Td ( Income \(Expense\)Net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 449.75 Td (Other income \(expense\)net consisted of the following \(in thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 426.25 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.00 426.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.00 426.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.00 426.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 426.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.00 426.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 396.25 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.00 396.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.00 396.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.00 396.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 396.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.00 396.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 366.25 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.00 366.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.00 366.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.00 366.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 366.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.00 366.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 336.25 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.00 336.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.00 336.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.00 336.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 336.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.00 336.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 306.25 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.00 306.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.00 306.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.00 306.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 306.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.00 306.25 60.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374 426.25 m 434 426.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438 426.25 m 498 426.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 426.25 m 562 426.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374 426.25 m 434 426.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374 306.25 m 434 306.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374 292.25 m 434 292.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374 290.25 m 434 290.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438 306.25 m 498 306.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438 292.25 m 498 292.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438 290.25 m 498 290.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 306.25 m 562 306.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 292.25 m 562 292.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 290.25 m 562 290.25 l s BT /F2 8.00 Tf ET 0 0 0 RG /GS0 gs 0.76 w 0 i [] 0 d 1 J 1 j 3 M 52.5 429.230078125 m 90.119140625 429.230078125 l s q 0 0 0 rg BT 52.50 430.48 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 74.20 430.48 Td (Y) Tj ET Q q 0 0 0 rg BT 79.09 430.48 Td (ear) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 395.50 430.48 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 459.50 430.48 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 523.50 430.48 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 415.92 Td (Interest income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.50 415.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.65 415.92 Td (2,605) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.50 415.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.65 415.92 Td (4,729) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.50 415.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 415.92 Td (2,156) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 400.92 Td (Contingent consideration remeasurement) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.65 400.92 Td (3,381) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.15 400.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 400.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 385.92 Td (Gain on interest rate swap) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.15 385.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.15 385.92 Td (195) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 385.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 370.92 Td (Equity in losses of unconsolidated investment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.80 370.97 Td (\(558) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.15 370.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.80 370.97 Td (\(460) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.15 370.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.30 370.97 Td (\(1,321) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 370.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 355.92 Td (Extinguishment of debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.80 355.97 Td (\(718) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.15 355.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.30 355.97 Td (\(1,029) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.15 355.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 355.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 340.92 Td (Gain on divestiture) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.15 340.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.65 340.92 Td (1,750) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 340.92 Td (3,500) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 325.92 Td (Net currency \(losses\) gains) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.30 325.97 Td (\(5,820) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.15 325.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.65 325.92 Td (7,849) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 325.92 Td (8,729) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 310.92 Td (Other net gains) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.65 310.92 Td (1,072) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.15 310.92 Td (702) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 310.92 Td (992) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 295.92 Td (Other income \(expense\) - net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.50 295.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.80 295.97 Td (\(38) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.15 295.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.50 295.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.65 295.92 Td (13,736) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.50 295.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.65 295.92 Td (14,056) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 145 0 obj <>] /Rotate 0 /Contents 146 0 R>> endobj 146 0 obj <> stream BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.39 w 0 i [] 0 d 1 J 1 j 3 M 50 772.93359375 m 106.76171875 772.93359375 l s q 0 0 1 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 1 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET q 0 0 0 rg BT 256.70 754.00 Td (FOSSIL) Tj ET Q q 0 0 0 rg BT 291.72 754.00 Td ( GROUP) Tj ET Q q 0 0 0 rg BT 329.41 754.00 Td (,INC.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 148.20 734.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 184.42 734.00 Td (T) Tj ET Q q 0 0 0 rg BT 190.91 734.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 261.01 734.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 340.19 734.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 354.18 734.00 Td (A) Tj ET Q q 0 0 0 rg BT 360.66 734.00 Td (TEMENTS \(Continued\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (69) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 690.75 Td (13. ) Tj ET Q q 0 0 0 rg BT 64.32 690.75 Td (T) Tj ET Q q 0 0 0 rg BT 70.07 690.75 Td (axes) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 73.50 669.75 Td (Income ) Tj ET Q q 0 0 0 rg BT 107.48 669.75 Td (T) Tj ET Q q 0 0 0 rg BT 113.23 669.75 Td (axes.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 134.06 669.75 Td (Deferred income taxes reflect the net tax ef) Tj ET Q q 0 0 0 rg BT 316.84 669.75 Td (fects of temporary dif) Tj ET Q q 0 0 0 rg BT 403.57 669.75 Td (ferences between the carrying amounts ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 657.75 Td (of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. Significant components ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 645.75 Td (of the consolidated deferred tax assets and liabilities were \(in thousands\):) Tj ET Q 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 50.00 622.25 379.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 429.00 622.25 65.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 494.00 622.25 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 498.00 622.25 65.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 50.00 592.25 379.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 429.00 592.25 65.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 494.00 592.25 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 498.00 592.25 65.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 50.00 562.25 379.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 429.00 562.25 65.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 494.00 562.25 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 498.00 562.25 65.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 50.00 532.25 379.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 429.00 532.25 65.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 494.00 532.25 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 498.00 532.25 65.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 50.00 502.25 379.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 429.00 502.25 65.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 494.00 502.25 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 498.00 502.25 65.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 50.00 472.25 379.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 429.00 472.25 65.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 494.00 472.25 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 498.00 472.25 65.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 50.00 442.25 379.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 429.00 442.25 65.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 494.00 442.25 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 498.00 442.25 65.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 50.00 412.25 379.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 429.00 412.25 65.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 494.00 412.25 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 498.00 412.25 65.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 50.00 382.25 379.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 429.00 382.25 65.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 494.00 382.25 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 498.00 382.25 65.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 50.00 352.25 379.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 429.00 352.25 65.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 494.00 352.25 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 498.00 352.25 65.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 50.00 322.25 379.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 429.00 322.25 65.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 494.00 322.25 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 498.00 322.25 65.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 50.00 292.25 379.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 429.00 292.25 65.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 494.00 292.25 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 498.00 292.25 65.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 50.00 262.25 379.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 429.00 262.25 65.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 494.00 262.25 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 498.00 262.25 65.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 50.00 232.25 379.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 429.00 232.25 65.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 494.00 232.25 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 498.00 232.25 65.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 622.25 m 494 622.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 622.25 m 563 622.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 262.25 m 494 262.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 262.25 m 563 262.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 262.25 m 494 262.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 248.25 m 494 248.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 246.25 m 494 246.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 262.25 m 563 262.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 248.25 m 563 248.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 246.25 m 563 246.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 246.25 m 494 246.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 248.25 m 494 248.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 246.25 m 563 246.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 248.25 m 563 248.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 217.25 m 494 217.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 217.25 m 563 217.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 217.25 m 494 217.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 203.25 m 494 203.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 201.25 m 494 201.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 217.25 m 563 217.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 203.25 m 563 203.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 201.25 m 563 201.25 l s BT /F2 8.00 Tf ET 0 0 0 RG /GS0 gs 0.76 w 0 i [] 0 d 1 J 1 j 3 M 52.5 625.230078125 m 90.119140625 625.230078125 l s q 0 0 0 rg BT 52.50 626.48 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 74.20 626.48 Td (Y) Tj ET Q q 0 0 0 rg BT 79.09 626.48 Td (ear) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.00 626.48 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 522.00 626.48 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 611.92 Td (Deferred income tax assets \(liabilities\):) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 596.92 Td (Bad debt allowance) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.50 596.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.65 596.92 Td (1,974) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.50 596.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 596.92 Td (2,920) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 581.92 Td (Returns allowance) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.65 581.92 Td (4,935) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 581.92 Td (3,662) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 566.92 Td (Inventory) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.65 566.92 Td (4,519) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.65 566.92 Td (13,409) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 551.92 Td (W) Tj ET Q q 0 0 0 rg BT 67.54 551.92 Td (arranty liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.65 551.92 Td (3,317) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 551.92 Td (2,656) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 536.92 Td (Markdown allowance) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.65 536.92 Td (2,800) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 536.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 521.92 Td (Compensation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.65 521.92 Td (18,772) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.65 521.92 Td (19,005) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 506.92 Td (Accrued liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.65 506.92 Td (5,903) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 506.92 Td (9,881) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 491.92 Td (Deferred rent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.65 491.92 Td (7,996) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.65 491.92 Td (12,403) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 476.92 Td (Deferred income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.65 476.92 Td (5,706) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 476.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 461.92 Td (Unrealized exchange gains \(losses\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.15 461.92 Td (637) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 461.92 Td (5,553) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 446.92 Td (State income tax and interest on tax contingencies) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.65 446.92 Td (1,189) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 446.92 Td (1,410) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 431.92 Td (Fixed assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.30 431.97 Td (\(8,009) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.15 431.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.30 431.97 Td (\(13,442) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 431.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 416.92 Td (T) Tj ET Q q 0 0 0 rg BT 64.43 416.92 Td (rade names and customer lists) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.65 416.92 Td (1,703) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.30 416.97 Td (\(2,607) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 416.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 401.92 Td (Goodwill) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.65 401.92 Td (17,957) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.65 401.92 Td (19,982) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 386.92 Td (Other intangibles) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.30 386.97 Td (\(4,562) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.15 386.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.30 386.97 Td (\(5,985) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 386.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 371.92 Td (Undistributed earnings of certain foreign subsidiaries) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.80 371.97 Td (\(541) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.15 371.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.30 371.97 Td (\(1,018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 371.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 356.92 Td (Foreign accruals) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.65 356.92 Td (8,528) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 356.92 Td (8,501) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 341.92 Td (Loss carryforwards) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.65 341.92 Td (31,582) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.65 341.92 Td (27,868) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 326.92 Td (T) Tj ET Q q 0 0 0 rg BT 64.26 326.92 Td (ax credit carryforwards) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.15 326.92 Td (512) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 326.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 311.92 Td (V) Tj ET Q q 0 0 0 rg BT 65.17 311.92 Td (aluation allowance) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.30 311.97 Td (\(95,818) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.15 311.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.30 311.97 Td (\(78,314) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 311.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 296.92 Td (Capitalized R&D) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.65 296.92 Td (2,546) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 296.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 281.92 Td (Interest disallowance) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.65 281.92 Td (9,642) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 281.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 266.92 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.80 266.97 Td (\(32) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.15 266.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 266.92 Td (132) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 251.92 Td (Net deferred income tax assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.50 251.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.65 251.92 Td (21,256) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.50 251.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.65 251.92 Td (26,016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 236.92 Td (T) Tj ET Q q 0 0 0 rg BT 76.26 236.92 Td (otal deferred income tax assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.50 236.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.65 236.92 Td (23,695) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.50 236.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.65 236.92 Td (27,1) Tj ET Q q 0 0 0 rg BT 549.15 236.92 Td (12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 221.92 Td (T) Tj ET Q q 0 0 0 rg BT 75.91 221.92 Td (otal deferred income tax liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.30 221.97 Td (\(2,439) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.15 221.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.30 221.97 Td (\(1,096) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 221.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 206.92 Td (Net deferred income tax assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.50 206.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.65 206.92 Td (21,256) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.50 206.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.65 206.92 Td (26,016) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 147 0 obj <>] /Rotate 0 /Contents 148 0 R>> endobj 148 0 obj <> stream BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.39 w 0 i [] 0 d 1 J 1 j 3 M 50 772.93359375 m 106.76171875 772.93359375 l s q 0 0 1 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 1 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET q 0 0 0 rg BT 256.70 754.00 Td (FOSSIL) Tj ET Q q 0 0 0 rg BT 291.72 754.00 Td ( GROUP) Tj ET Q q 0 0 0 rg BT 329.41 754.00 Td (,INC.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 148.20 734.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 184.42 734.00 Td (T) Tj ET Q q 0 0 0 rg BT 190.91 734.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 261.01 734.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 340.19 734.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 354.18 734.00 Td (A) Tj ET Q q 0 0 0 rg BT 360.66 734.00 Td (TEMENTS \(Continued\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (70) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 73.50 690.75 Td (Operating Loss Carryforwards.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 209.32 690.75 Td () Tj ET Q q 0 0 0 rg BT 219.14 690.75 Td (The balance sheet includes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.09 690.75 Td ($31.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.98 690.75 Td ( of deferred tax assets for net operating ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 678.75 Td (losses of foreign subsidiaries. ) Tj ET Q q 0 0 0 rg BT 172.63 678.75 Td (V) Tj ET Q q 0 0 0 rg BT 178.75 678.75 Td (aluation allowances have been recorded to reflect the estimated amount of deferred tax assets ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 666.75 Td (that may not be realized on these losses. ) Tj ET Q q 0 0 0 rg BT 212.33 666.75 Td (The amounts and the fiscal year of expiration of the loss carryforwards are \(in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 654.75 Td (thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 644.25 447.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.00 644.25 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 614.25 447.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.00 614.25 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 584.25 447.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.00 584.25 65.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497 569.25 m 562 569.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497 569.25 m 562 569.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497 555.25 m 562 555.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497 553.25 m 562 553.25 l s BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 633.92 Td (Expires 2019 through 2023) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.50 633.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.65 633.92 Td (31,763) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 618.92 Td (Expires 2024 through 2028) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.65 618.92 Td (27,816) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 603.92 Td (Expires 2029 through 2033) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 603.92 Td (136) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 588.92 Td (Expires 2034 through 2038) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.65 588.92 Td (58,975) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 573.92 Td (Indefinite) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.65 573.92 Td (16,402) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 558.92 Td (T) Tj ET Q q 0 0 0 rg BT 57.91 558.92 Td (otal loss carryforwards) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.50 558.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.65 558.92 Td (135,092) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 533.75 Td (The following table identifies income \(loss\) before income taxes for the Company's U.S. and non-U.S. based operations ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 521.75 Td (for the fiscal years indicated \(in thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 498.25 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.00 498.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.00 498.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.00 498.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 498.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.00 498.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 468.25 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.00 468.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.00 468.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.00 468.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 468.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.00 468.25 60.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374 498.25 m 434 498.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438 498.25 m 498 498.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 498.25 m 562 498.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374 498.25 m 434 498.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374 468.25 m 434 468.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374 454.25 m 434 454.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374 452.25 m 434 452.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438 468.25 m 498 468.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438 454.25 m 498 454.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438 452.25 m 498 452.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 468.25 m 562 468.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 454.25 m 562 454.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 452.25 m 562 452.25 l s BT /F2 8.00 Tf ET 0 0 0 RG /GS0 gs 0.76 w 0 i [] 0 d 1 J 1 j 3 M 52.5 501.230078125 m 90.119140625 501.230078125 l s q 0 0 0 rg BT 52.50 502.48 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 74.20 502.48 Td (Y) Tj ET Q q 0 0 0 rg BT 79.09 502.48 Td (ear) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 395.50 502.48 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 459.50 502.48 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 523.50 502.48 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 487.92 Td (U.S) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.50 487.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.30 487.97 Td (\(102,810) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.15 487.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.50 487.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.30 487.97 Td (\(517,227) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.15 487.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.50 487.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.30 487.97 Td (\(72,249) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 487.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 472.92 Td (Non-U.S) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.65 472.92 Td (122,980) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.65 472.92 Td (63,473) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.65 472.92 Td (186,557) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 457.92 Td (T) Tj ET Q q 0 0 0 rg BT 57.91 457.92 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.50 457.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.65 457.92 Td (20,170) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.50 457.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.30 457.97 Td (\(453,754) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.15 457.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.50 457.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.65 457.92 Td (1) Tj ET Q q 0 0 0 rg BT 530.65 457.92 Td (14,308) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 432.75 Td (The Company's provision for income taxes consisted of the following for the fiscal years indicated \(in thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 409.25 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.00 409.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.00 409.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.00 409.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 409.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.00 409.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 379.25 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.00 379.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.00 379.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.00 379.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 379.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.00 379.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 349.25 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.00 349.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.00 349.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.00 349.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 349.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.00 349.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 319.25 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.00 319.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.00 319.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.00 319.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 319.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.00 319.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 289.25 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.00 289.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.00 289.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.00 289.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 289.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.00 289.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 259.25 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.00 259.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.00 259.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.00 259.25 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 259.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.00 259.25 60.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374 409.25 m 434 409.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438 409.25 m 498 409.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 409.25 m 562 409.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374 349.25 m 434 349.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374 335.25 m 434 335.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374 333.25 m 434 333.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438 349.25 m 498 349.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438 335.25 m 498 335.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438 333.25 m 498 333.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 349.25 m 562 349.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 335.25 m 562 335.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 333.25 m 562 333.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374 274.25 m 434 274.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438 274.25 m 498 274.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 274.25 m 562 274.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374 259.25 m 434 259.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374 245.25 m 434 245.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374 243.25 m 434 243.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438 259.25 m 498 259.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438 245.25 m 498 245.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438 243.25 m 498 243.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 259.25 m 562 259.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 245.25 m 562 245.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 243.25 m 562 243.25 l s BT /F2 8.00 Tf ET 0 0 0 RG /GS0 gs 0.76 w 0 i [] 0 d 1 J 1 j 3 M 52.5 412.230078125 m 90.119140625 412.230078125 l s q 0 0 0 rg BT 52.50 413.48 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 74.20 413.48 Td (Y) Tj ET Q q 0 0 0 rg BT 79.09 413.48 Td (ear) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 395.50 413.48 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 459.50 413.48 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 523.50 413.48 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 398.92 Td (Current provision:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 383.92 Td (U.S. federal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.50 383.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.30 383.97 Td (\(14,386) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.15 383.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.50 383.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.65 383.92 Td (30,817) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.50 383.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 383.92 Td (2,1) Tj ET Q q 0 0 0 rg BT 548.15 383.92 Td (1) Tj ET Q q 0 0 0 rg BT 553.15 383.92 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 368.92 Td (Non-U.S) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.65 368.92 Td (35,854) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.65 368.92 Td (40,423) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.65 368.92 Td (53,880) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 353.92 Td (State and local) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.30 353.97 Td (\(2,056) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.15 353.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.30 353.97 Td (\(2,055) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.15 353.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.30 353.97 Td (\(1,482) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 353.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 338.92 Td (T) Tj ET Q q 0 0 0 rg BT 64.26 338.92 Td (otal current) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.65 338.92 Td (19,412) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.65 338.92 Td (69,185) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.65 338.92 Td (54,509) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 323.92 Td (Deferred provision \(benefit\):) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 308.92 Td (U.S. federal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.15 308.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.30 308.97 Td (\(45,990) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.15 308.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.30 308.97 Td (\(20,216) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 308.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 293.92 Td (Non-U.S) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.65 293.92 Td (1,696) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.30 293.97 Td (\(3,770) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.15 293.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.30 293.97 Td (\(5,584) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 293.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 278.92 Td (State and local) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.15 278.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.15 278.92 Td (380) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.80 278.97 Td (\(4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 278.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 263.92 Td (T) Tj ET Q q 0 0 0 rg BT 63.91 263.92 Td (otal deferred) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.65 263.92 Td (1,696) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.30 263.97 Td (\(49,380) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.15 263.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.30 263.97 Td (\(25,804) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 263.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 248.92 Td (Provision for income taxes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.50 248.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.65 248.92 Td (21,108) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.50 248.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.65 248.92 Td (19,805) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.50 248.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.65 248.92 Td (28,705) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 223.75 Td (The expected cash payments for current U.S. income tax expense for fiscal years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.20 223.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.20 223.75 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.20 223.75 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.20 223.75 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.64 223.75 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.64 223.75 Td ( were reduced by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 211.75 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 109.76 211.75 Td ($2.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 158.65 211.75 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 163.65 211.75 Td ($1.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 212.54 211.75 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.98 211.75 Td ($3.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 280.87 211.75 Td (, respectively) Tj ET Q q 0 0 0 rg BT 333.53 211.75 Td (, as a result of tax deductions related to the exercise of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 199.75 Td (non-qualified stock options and stock appreciation rights and the vesting of restricted stock and restricted stock units. ) Tj ET Q q 0 0 0 rg BT 520.87 199.75 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 187.75 Td (expected cash payments for current foreign tax expense for fiscal years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.32 187.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.32 187.75 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.32 187.75 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.32 187.75 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.75 187.75 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.75 187.75 Td ( were reduced by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.83 187.75 Td ($0.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.72 187.75 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 175.75 Td ($0.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.39 175.75 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.83 175.75 Td ($0.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 166.72 175.75 Td (, respectively) Tj ET Q q 0 0 0 rg BT 219.38 175.75 Td (, as a result of tax deductions related to the exercise of stock options and the vesting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 163.75 Td (of restricted stock granted to foreign employees. ) Tj ET Q q 0 0 0 rg BT 245.36 163.75 Td (T) Tj ET Q q 0 0 0 rg BT 250.77 163.75 Td (otal deferred income tax expense of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.26 163.75 Td ($\(1.7\) million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.81 163.75 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.81 163.75 Td ($49.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.71 163.75 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.14 163.75 Td ($25.8 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 151.75 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.39 151.75 Td ( for fiscal years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.81 151.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.81 151.75 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 167.81 151.75 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 187.81 151.75 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 207.24 151.75 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 227.24 151.75 Td (, respectively) Tj ET Q q 0 0 0 rg BT 279.91 151.75 Td (, are included in deferred income taxes on the Company's consolidated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 139.75 Td (statements of cash flows.) Tj ET Q endstream endobj 149 0 obj <>] /Rotate 0 /Contents 150 0 R>> endobj 150 0 obj <> stream BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.39 w 0 i [] 0 d 1 J 1 j 3 M 50 772.93359375 m 106.76171875 772.93359375 l s q 0 0 1 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 1 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET q 0 0 0 rg BT 256.70 754.00 Td (FOSSIL) Tj ET Q q 0 0 0 rg BT 291.72 754.00 Td ( GROUP) Tj ET Q q 0 0 0 rg BT 329.41 754.00 Td (,INC.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 148.20 734.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 184.42 734.00 Td (T) Tj ET Q q 0 0 0 rg BT 190.91 734.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 261.01 734.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 340.19 734.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 354.18 734.00 Td (A) Tj ET Q q 0 0 0 rg BT 360.66 734.00 Td (TEMENTS \(Continued\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (71) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 690.60 Td (A) Tj ET Q q 0 0 0 rg BT 80.17 690.60 Td ( reconciliation of the U.S. federal statutory income tax rates to the Company's ef) Tj ET Q q 0 0 0 rg BT 401.42 690.60 Td (fective tax rate is as follows:) Tj ET Q 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 50.00 667.10 324.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 374.00 667.10 60.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 434.00 667.10 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 438.00 667.10 60.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 498.00 667.10 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 502.00 667.10 60.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 50.00 637.10 324.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 374.00 637.10 60.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 434.00 637.10 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 438.00 637.10 60.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 498.00 637.10 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 502.00 637.10 60.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 50.00 607.10 324.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 374.00 607.10 60.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 434.00 607.10 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 438.00 607.10 60.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 498.00 607.10 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 502.00 607.10 60.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 50.00 577.10 324.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 374.00 577.10 60.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 434.00 577.10 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 438.00 577.10 60.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 498.00 577.10 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 502.00 577.10 60.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 50.00 547.10 324.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 374.00 547.10 60.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 434.00 547.10 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 438.00 547.10 60.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 498.00 547.10 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 502.00 547.10 60.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 50.00 517.10 324.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 374.00 517.10 60.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 434.00 517.10 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 438.00 517.10 60.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 498.00 517.10 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 502.00 517.10 60.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 50.00 487.10 324.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 374.00 487.10 60.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 434.00 487.10 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 438.00 487.10 60.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 498.00 487.10 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 502.00 487.10 60.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 50.00 457.10 324.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 374.00 457.10 60.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 434.00 457.10 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 438.00 457.10 60.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 498.00 457.10 4.00 -15.00 re f /GS0 gs 0.7490196078431373 0.8941176470588236 1 rg /GS0 gs 502.00 457.10 60.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374 667.1 m 434 667.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438 667.1 m 498 667.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 667.1 m 562 667.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374 442.1 m 434 442.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374 428.1 m 434 428.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374 426.1 m 434 426.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438 442.1 m 498 442.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438 428.1 m 498 428.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438 426.1 m 498 426.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 442.1 m 562 442.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 428.1 m 562 428.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 426.1 m 562 426.1 l s BT /F2 8.00 Tf ET 0 0 0 RG /GS0 gs 0.76 w 0 i [] 0 d 1 J 1 j 3 M 52.5 670.080078125 m 90.119140625 670.080078125 l s q 0 0 0 rg BT 52.50 671.33 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 74.20 671.33 Td (Y) Tj ET Q q 0 0 0 rg BT 79.09 671.33 Td (ear) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 395.50 671.33 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 459.50 671.33 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 523.50 671.33 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 656.77 Td (T) Tj ET Q q 0 0 0 rg BT 58.26 656.77 Td (ax at statutory rate) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.65 656.77 Td (21.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.15 656.77 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.30 656.77 Td (35.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.15 656.77 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 656.77 Td (35.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 656.77 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 641.77 Td (Non-deductible expenses and other permanent dif) Tj ET Q q 0 0 0 rg BT 251.51 641.77 Td (ferences) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.65 641.77 Td (5.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.95 641.77 Td (\(0.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.80 641.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.65 641.77 Td (5.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 626.77 Td (State, net of federal tax benefit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.30 626.82 Td (\(3.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.15 626.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.30 626.77 Td (1.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.65 626.77 Td (0.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 611.77 Td (Foreign rate dif) Tj ET Q q 0 0 0 rg BT 114.61 611.77 Td (ferential) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.30 611.82 Td (\(12.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.15 611.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.30 611.77 Td (3.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.30 611.82 Td (\(30.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 611.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 596.77 Td (W) Tj ET Q q 0 0 0 rg BT 61.74 596.77 Td (ithholding taxes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.65 596.77 Td (16.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.80 596.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 596.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 581.77 Td (GIL) Tj ET Q q 0 0 0 rg BT 68.70 581.77 Td (TI ) Tj ET Q q 0 0 0 rg BT 80.09 581.77 Td (T) Tj ET Q q 0 0 0 rg BT 85.76 581.77 Td (ax-net of foreign tax credits) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.65 581.77 Td (1) Tj ET Q q 0 0 0 rg BT 412.65 581.77 Td (1.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.80 581.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 581.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 566.77 Td (U.S. tax on foreign income-net of foreign tax credits) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.65 566.77 Td (6.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.95 566.77 Td (\(1.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.80 566.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.65 566.77 Td (5.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 551.77 Td (Income tax contingencies) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.30 551.82 Td (\(5.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.15 551.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.95 551.77 Td (\(0.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.80 551.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.65 551.77 Td (0.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 536.77 Td (V) Tj ET Q q 0 0 0 rg BT 59.17 536.77 Td (aluation allowances) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.65 536.77 Td (65.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.95 536.77 Td (\(12.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.80 536.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.65 536.77 Td (8.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 521.77 Td (Repatriation tax - net impact) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.65 521.77 Td (5.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.95 521.77 Td (\(7.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.80 521.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 521.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 506.77 Td (Deficiencies on employee stock awards) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.65 506.77 Td (10.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.95 506.77 Td (\(0.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.80 506.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 506.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 491.77 Td (Non-deductible goodwill impairment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.15 491.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.95 491.77 Td (\(15.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.80 491.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 491.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 476.77 Td (T) Tj ET Q q 0 0 0 rg BT 58.26 476.77 Td (ax Reform rate reduction impact on deferred tax assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.30 476.82 Td (\(15.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.15 476.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.95 476.77 Td (\(6.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.80 476.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 476.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 461.77 Td (Return to provision true-up) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.15 461.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.80 461.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.65 461.77 Td (1.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 446.77 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.15 446.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.30 446.77 Td (0.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 446.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 431.77 Td (Provision for income taxes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.65 431.77 Td (104.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.15 431.77 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.95 431.77 Td (\(4.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.80 431.77 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 431.77 Td (25.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 431.77 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 406.60 Td (On December 22, 2017, the U.S. government enacted comprehensive tax legislation that significantly revised the Internal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 394.60 Td (Revenue Code of 1986, including a corporate income tax rate reduction from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.23 394.60 Td (35%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.56 394.60 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.34 394.60 Td (21%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.67 394.60 Td (, under the ) Tj ET Q q 0 0 0 rg BT 454.47 394.60 Td (T) Tj ET Q q 0 0 0 rg BT 459.88 394.60 Td (ax Cuts and Jobs ) Tj ET Q q 0 0 0 rg BT 529.33 394.60 Td (Act \(the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 382.60 Td (T) Tj ET Q q 0 0 0 rg BT 59.35 382.60 Td (ax ) Tj ET Q q 0 0 0 rg BT 70.74 382.60 Td (Act\). ) Tj ET Q q 0 0 0 rg BT 97.76 382.60 Td (The newly enacted federal income tax law contains significant changes in the taxation of foreign income earned by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 370.60 Td (U.S. shareholders, specifically adding new rules related to low-taxed foreign earnings and allowing an exemption on foreign ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 358.60 Td (dividends paid after 2017. In anticipation of the tax exemption on foreign dividends, the law imposed a one-time repatriation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 346.60 Td (tax on historical earnings generated of) Tj ET Q q 0 0 0 rg BT 202.32 346.60 Td (fshore that have not been previously taxed in the U.S. Foreign earnings held in cash or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 334.60 Td (liquid assets were taxed at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.97 334.60 Td (15.5%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 182.80 334.60 Td (, and the remaining earnings were taxed at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.67 334.60 Td (8%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.00 334.60 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 313.60 Td (Accounting for the income tax ef) Tj ET Q q 0 0 0 rg BT 204.27 313.60 Td (fects of the ) Tj ET Q q 0 0 0 rg BT 251.01 313.60 Td (T) Tj ET Q q 0 0 0 rg BT 256.42 313.60 Td (ax ) Tj ET Q q 0 0 0 rg BT 267.81 313.60 Td (Act requires significant judgments and estimates in the interpretation and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 301.60 Td (calculations of the provisions of the ) Tj ET Q q 0 0 0 rg BT 194.84 301.60 Td (T) Tj ET Q q 0 0 0 rg BT 200.25 301.60 Td (ax ) Tj ET Q q 0 0 0 rg BT 211.64 301.60 Td (Act. Due to the timing of the enactment and the complexity involved in applying the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 289.60 Td (provisions of the ) Tj ET Q q 0 0 0 rg BT 119.04 289.60 Td (T) Tj ET Q q 0 0 0 rg BT 124.45 289.60 Td (ax ) Tj ET Q q 0 0 0 rg BT 135.83 289.60 Td (Act, the Company made reasonable estimates of the ef) Tj ET Q q 0 0 0 rg BT 353.63 289.60 Td (fects and recorded provisional amounts in its ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 277.60 Td (financial statements for fiscal year 2017 as permitted under SAB 1) Tj ET Q q 0 0 0 rg BT 315.72 277.60 Td (18. ) Tj ET Q q 0 0 0 rg BT 330.54 277.60 Td (The Company collected the necessary data, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 265.60 Td (interpreted additional guidance issued by the U.S. ) Tj ET Q q 0 0 0 rg BT 251.21 265.60 Td (T) Tj ET Q q 0 0 0 rg BT 256.97 265.60 Td (reasury Department and the Internal Revenue Service and completed its ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 253.60 Td (accounting for the tax ef) Tj ET Q q 0 0 0 rg BT 147.05 253.60 Td (fects of the ) Tj ET Q q 0 0 0 rg BT 193.80 253.60 Td (T) Tj ET Q q 0 0 0 rg BT 199.21 253.60 Td (ax ) Tj ET Q q 0 0 0 rg BT 210.59 253.60 Td (Act. In addition, the Company's valuation allowance analysis is af) Tj ET Q q 0 0 0 rg BT 479.65 253.60 Td (fected by various ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 241.60 Td (aspects of the ) Tj ET Q q 0 0 0 rg BT 106.24 241.60 Td (T) Tj ET Q q 0 0 0 rg BT 111.65 241.60 Td (ax ) Tj ET Q q 0 0 0 rg BT 123.04 241.60 Td (Act, including the new limitation on the deductibility of interest expense and the impact of the GIL) Tj ET Q q 0 0 0 rg BT 518.41 241.60 Td (TI. ) Tj ET Q q 0 0 0 rg BT 532.66 241.60 Td (Those ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 229.60 Td (adjustments may materially impact the provision for income taxes and the ef) Tj ET Q q 0 0 0 rg BT 355.62 229.60 Td (fective tax rate in the period in which the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 217.60 Td (adjustments are made. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 196.60 Td (The ) Tj ET Q q 0 0 0 rg BT 92.05 196.60 Td (Company ) Tj ET Q q 0 0 0 rg BT 133.93 196.60 Td (also ) Tj ET Q q 0 0 0 rg BT 153.04 196.60 Td (accrued ) Tj ET Q q 0 0 0 rg BT 187.12 196.60 Td (valuation ) Tj ET Q q 0 0 0 rg BT 227.34 196.60 Td (allowances ) Tj ET Q q 0 0 0 rg BT 274.76 196.60 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.09 196.60 Td ($1) Tj ET Q q 0 0 0 rg BT 295.72 196.60 Td (1.7 ) Tj ET Q q 0 0 0 rg BT 311.22 196.60 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.11 196.60 Td ( ) Tj ET Q q 0 0 0 rg BT 343.11 196.60 Td (on ) Tj ET Q q 0 0 0 rg BT 356.11 196.60 Td (net ) Tj ET Q q 0 0 0 rg BT 371.32 196.60 Td (U.S ) Tj ET Q q 0 0 0 rg BT 389.61 196.60 Td (deferred ) Tj ET Q q 0 0 0 rg BT 425.91 196.60 Td (tax ) Tj ET Q q 0 0 0 rg BT 441.13 196.60 Td (assets ) Tj ET Q q 0 0 0 rg BT 467.46 196.60 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.90 196.60 Td ($5.8 ) Tj ET Q q 0 0 0 rg BT 505.40 196.60 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.29 196.60 Td ( ) Tj ET Q q 0 0 0 rg BT 537.29 196.60 Td (on ) Tj ET Q q 0 0 0 rg BT 550.29 196.60 Td (net ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 184.60 Td (foreign ) Tj ET Q q 0 0 0 rg BT 80.53 184.60 Td (deferred ) Tj ET Q q 0 0 0 rg BT 115.99 184.60 Td (tax ) Tj ET Q q 0 0 0 rg BT 130.37 184.60 Td (assets, ) Tj ET Q q 0 0 0 rg BT 158.35 184.60 Td (including ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 198.28 184.60 Td ($4.3 ) Tj ET Q q 0 0 0 rg BT 217.94 184.60 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 246.83 184.60 Td ( ) Tj ET Q q 0 0 0 rg BT 248.98 184.60 Td (recorded ) Tj ET Q q 0 0 0 rg BT 286.12 184.60 Td (directly ) Tj ET Q q 0 0 0 rg BT 318.81 184.60 Td (to ) Tj ET Q q 0 0 0 rg BT 328.75 184.60 Td (equity) Tj ET Q q 0 0 0 rg BT 353.09 184.60 Td (. ) Tj ET Q q 0 0 0 rg BT 357.75 184.60 Td ( ) Tj ET Q q 0 0 0 rg BT 359.75 184.60 Td (The ) Tj ET Q q 0 0 0 rg BT 377.45 184.60 Td (ef) Tj ET Q q 0 0 0 rg BT 385.04 184.60 Td (fective ) Tj ET Q q 0 0 0 rg BT 414.40 184.60 Td (tax ) Tj ET Q q 0 0 0 rg BT 428.77 184.60 Td (rate ) Tj ET Q q 0 0 0 rg BT 445.91 184.60 Td (was ) Tj ET Q q 0 0 0 rg BT 463.62 184.60 Td (also ) Tj ET Q q 0 0 0 rg BT 481.88 184.60 Td (impacted ) Tj ET Q q 0 0 0 rg BT 520.69 184.60 Td (by ) Tj ET Q q 0 0 0 rg BT 532.85 184.60 Td (the ) Tj ET Q q 0 0 0 rg BT 547.22 184.60 Td (U.S ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 172.60 Td (taxation ) Tj ET Q q 0 0 0 rg BT 84.21 172.60 Td (of ) Tj ET Q q 0 0 0 rg BT 95.04 172.60 Td (foreign ) Tj ET Q q 0 0 0 rg BT 126.42 172.60 Td (earnings ) Tj ET Q q 0 0 0 rg BT 162.80 172.60 Td (and ) Tj ET Q q 0 0 0 rg BT 179.73 172.60 Td (non-deductible ) Tj ET Q q 0 0 0 rg BT 242.21 172.60 Td (equity ) Tj ET Q q 0 0 0 rg BT 269.71 172.60 Td (compensation ) Tj ET Q q 0 0 0 rg BT 327.75 172.60 Td (costs.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 151.60 Td (The ) Tj ET Q q 0 0 0 rg BT 92.41 151.60 Td (Company ) Tj ET Q q 0 0 0 rg BT 134.66 151.60 Td (will ) Tj ET Q q 0 0 0 rg BT 153.58 151.60 Td (not ) Tj ET Q q 0 0 0 rg BT 169.72 151.60 Td (indefinitely ) Tj ET Q q 0 0 0 rg BT 219.18 151.60 Td (reinvest ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.20 151.60 Td ($465.3 ) Tj ET Q q 0 0 0 rg BT 285.07 151.60 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.96 151.60 Td ( ) Tj ET Q q 0 0 0 rg BT 317.32 151.60 Td (of ) Tj ET Q q 0 0 0 rg BT 329.01 151.60 Td (previously ) Tj ET Q q 0 0 0 rg BT 374.59 151.60 Td (taxed ) Tj ET Q q 0 0 0 rg BT 399.61 151.60 Td (but ) Tj ET Q q 0 0 0 rg BT 415.75 151.60 Td (undistributed ) Tj ET Q q 0 0 0 rg BT 471.89 151.60 Td (earnings ) Tj ET Q q 0 0 0 rg BT 509.13 151.60 Td (of ) Tj ET Q q 0 0 0 rg BT 520.82 151.60 Td (its ) Tj ET Q q 0 0 0 rg BT 533.64 151.60 Td (foreign ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 139.60 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 98.93 139.60 Td (as ) Tj ET Q q 0 0 0 rg BT 109.47 139.60 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 120.01 139.60 Td (December29, ) Tj ET Q q 0 0 0 rg BT 178.31 139.60 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 198.31 139.60 Td (. ) Tj ET Q q 0 0 0 rg BT 203.02 139.60 Td (Since ) Tj ET Q q 0 0 0 rg BT 227.45 139.60 Td (under ) Tj ET Q q 0 0 0 rg BT 252.43 139.60 Td (the ) Tj ET Q q 0 0 0 rg BT 266.70 139.60 Td (T) Tj ET Q q 0 0 0 rg BT 272.11 139.60 Td (ax ) Tj ET Q q 0 0 0 rg BT 283.27 139.60 Td (Act ) Tj ET Q q 0 0 0 rg BT 299.92 139.60 Td (there ) Tj ET Q q 0 0 0 rg BT 322.12 139.60 Td (will ) Tj ET Q q 0 0 0 rg BT 339.89 139.60 Td (be ) Tj ET Q q 0 0 0 rg BT 351.54 139.60 Td (no ) Tj ET Q q 0 0 0 rg BT 363.75 139.60 Td (additional ) Tj ET Q q 0 0 0 rg BT 405.95 139.60 Td (federal ) Tj ET Q q 0 0 0 rg BT 435.92 139.60 Td (income ) Tj ET Q q 0 0 0 rg BT 467.56 139.60 Td (tax ) Tj ET Q q 0 0 0 rg BT 481.99 139.60 Td (when ) Tj ET Q q 0 0 0 rg BT 505.86 139.60 Td (these ) Tj ET Q q 0 0 0 rg BT 528.62 139.60 Td (amounts ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 127.60 Td (are ) Tj ET Q q 0 0 0 rg BT 64.18 127.60 Td (repatriated, ) Tj ET Q q 0 0 0 rg BT 111.91 127.60 Td (and ) Tj ET Q q 0 0 0 rg BT 128.82 127.60 Td (the ) Tj ET Q q 0 0 0 rg BT 143.51 127.60 Td (foreign ) Tj ET Q q 0 0 0 rg BT 174.86 127.60 Td (jurisdiction ) Tj ET Q q 0 0 0 rg BT 222.89 127.60 Td (does ) Tj ET Q q 0 0 0 rg BT 243.69 127.60 Td (not ) Tj ET Q q 0 0 0 rg BT 258.95 127.60 Td (impose ) Tj ET Q q 0 0 0 rg BT 290.31 127.60 Td (a ) Tj ET Q q 0 0 0 rg BT 297.22 127.60 Td (withholding ) Tj ET Q q 0 0 0 rg BT 348.03 127.60 Td (tax ) Tj ET Q q 0 0 0 rg BT 362.72 127.60 Td (on ) Tj ET Q q 0 0 0 rg BT 375.20 127.60 Td (dividends, ) Tj ET Q q 0 0 0 rg BT 419.06 127.60 Td (the ) Tj ET Q q 0 0 0 rg BT 433.75 127.60 Td (Company ) Tj ET Q q 0 0 0 rg BT 475.11 127.60 Td (has ) Tj ET Q q 0 0 0 rg BT 490.91 127.60 Td (only ) Tj ET Q q 0 0 0 rg BT 511.17 127.60 Td (accrued ) Tj ET Q q 0 0 0 rg BT 544.73 127.60 Td (U.S. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 115.60 Td (state ) Tj ET Q q 0 0 0 rg BT 71.22 115.60 Td (income ) Tj ET Q q 0 0 0 rg BT 104.05 115.60 Td (taxes ) Tj ET Q q 0 0 0 rg BT 127.99 115.60 Td (on ) Tj ET Q q 0 0 0 rg BT 141.39 115.60 Td (these ) Tj ET Q q 0 0 0 rg BT 165.33 115.60 Td (earnings. ) Tj ET Q q 0 0 0 rg BT 205.11 115.60 Td (Deferred ) Tj ET Q q 0 0 0 rg BT 244.03 115.60 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 265.21 115.60 Td (federal ) Tj ET Q q 0 0 0 rg BT 296.36 115.60 Td (and ) Tj ET Q q 0 0 0 rg BT 314.19 115.60 Td (state ) Tj ET Q q 0 0 0 rg BT 335.91 115.60 Td (income ) Tj ET Q q 0 0 0 rg BT 368.74 115.60 Td (taxes ) Tj ET Q q 0 0 0 rg BT 392.69 115.60 Td (and ) Tj ET Q q 0 0 0 rg BT 410.52 115.60 Td (foreign ) Tj ET Q q 0 0 0 rg BT 442.79 115.60 Td (taxes ) Tj ET Q q 0 0 0 rg BT 466.74 115.60 Td (are ) Tj ET Q q 0 0 0 rg BT 482.34 115.60 Td (not ) Tj ET Q q 0 0 0 rg BT 498.51 115.60 Td (recorded ) Tj ET Q q 0 0 0 rg BT 536.89 115.60 Td (on ) Tj ET Q q 0 0 0 rg BT 550.28 115.60 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 103.60 Td (remaining ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 92.23 103.60 Td ($408.2 ) Tj ET Q q 0 0 0 rg BT 121.92 103.60 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.81 103.60 Td ( ) Tj ET Q q 0 0 0 rg BT 153.00 103.60 Td (of ) Tj ET Q q 0 0 0 rg BT 163.52 103.60 Td (undistributed ) Tj ET Q q 0 0 0 rg BT 218.49 103.60 Td (earnings ) Tj ET Q q 0 0 0 rg BT 254.55 103.60 Td (of ) Tj ET Q q 0 0 0 rg BT 265.07 103.60 Td (foreign ) Tj ET Q q 0 0 0 rg BT 296.14 103.60 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 345.55 103.60 Td (where ) Tj ET Q q 0 0 0 rg BT 372.17 103.60 Td (management ) Tj ET Q q 0 0 0 rg BT 425.44 103.60 Td (plans ) Tj ET Q q 0 0 0 rg BT 448.74 103.60 Td (to ) Tj ET Q q 0 0 0 rg BT 458.71 103.60 Td (continue ) Tj ET Q q 0 0 0 rg BT 495.33 103.60 Td (reinvesting ) Tj ET Q q 0 0 0 rg BT 541.96 103.60 Td (these ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 91.60 Td (earnings ) Tj ET Q q 0 0 0 rg BT 85.57 91.60 Td (outside ) Tj ET Q q 0 0 0 rg BT 116.65 91.60 Td (the ) Tj ET Q q 0 0 0 rg BT 131.06 91.60 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 150.56 91.60 Td (As ) Tj ET Q q 0 0 0 rg BT 163.87 91.60 Td (the ) Tj ET Q q 0 0 0 rg BT 178.28 91.60 Td (majority ) Tj ET Q q 0 0 0 rg BT 214.35 91.60 Td (of ) Tj ET Q q 0 0 0 rg BT 224.88 91.60 Td (these ) Tj ET Q q 0 0 0 rg BT 247.62 91.60 Td (earnings ) Tj ET Q q 0 0 0 rg BT 283.69 91.60 Td (have ) Tj ET Q q 0 0 0 rg BT 304.77 91.60 Td (previously ) Tj ET Q q 0 0 0 rg BT 349.18 91.60 Td (been ) Tj ET Q q 0 0 0 rg BT 370.25 91.60 Td (taxed ) Tj ET Q q 0 0 0 rg BT 394.10 91.60 Td (in ) Tj ET Q q 0 0 0 rg BT 404.07 91.60 Td (the ) Tj ET Q q 0 0 0 rg BT 418.48 91.60 Td (U.S., ) Tj ET Q q 0 0 0 rg BT 440.96 91.60 Td (the ) Tj ET Q q 0 0 0 rg BT 455.37 91.60 Td (distribution ) Tj ET Q q 0 0 0 rg BT 503.68 91.60 Td (of ) Tj ET Q q 0 0 0 rg BT 514.21 91.60 Td (the ) Tj ET Q q 0 0 0 rg BT 528.62 91.60 Td (earnings ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 79.60 Td (considered ) Tj ET Q q 0 0 0 rg BT 94.96 79.60 Td (indefinitely ) Tj ET Q q 0 0 0 rg BT 143.21 79.60 Td (reinvested ) Tj ET Q q 0 0 0 rg BT 186.45 79.60 Td (would ) Tj ET Q q 0 0 0 rg BT 213.59 79.60 Td (generally ) Tj ET Q q 0 0 0 rg BT 252.94 79.60 Td (be ) Tj ET Q q 0 0 0 rg BT 264.52 79.60 Td (subject ) Tj ET Q q 0 0 0 rg BT 295.00 79.60 Td (only ) Tj ET Q q 0 0 0 rg BT 314.92 79.60 Td (to ) Tj ET Q q 0 0 0 rg BT 324.84 79.60 Td (local ) Tj ET Q q 0 0 0 rg BT 346.42 79.60 Td (country ) Tj ET Q q 0 0 0 rg BT 379.12 79.60 Td (withholding ) Tj ET Q q 0 0 0 rg BT 429.60 79.60 Td (and ) Tj ET Q q 0 0 0 rg BT 446.18 79.60 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 466.11 79.60 Td (state ) Tj ET Q q 0 0 0 rg BT 486.58 79.60 Td (income ) Tj ET Q q 0 0 0 rg BT 518.16 79.60 Td (taxes ) Tj ET Q q 0 0 0 rg BT 540.85 79.60 Td (when ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 67.60 Td (distributed, ) Tj ET Q q 0 0 0 rg BT 97.27 67.60 Td (the ) Tj ET Q q 0 0 0 rg BT 111.99 67.60 Td (amount ) Tj ET Q q 0 0 0 rg BT 144.49 67.60 Td (of ) Tj ET Q q 0 0 0 rg BT 155.32 67.60 Td (which ) Tj ET Q q 0 0 0 rg BT 182.25 67.60 Td (is ) Tj ET Q q 0 0 0 rg BT 191.42 67.60 Td (not ) Tj ET Q q 0 0 0 rg BT 206.70 67.60 Td (material.) Tj ET Q endstream endobj 151 0 obj <>] /Rotate 0 /Contents 152 0 R>> endobj 152 0 obj <> stream BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.39 w 0 i [] 0 d 1 J 1 j 3 M 50 772.93359375 m 106.76171875 772.93359375 l s q 0 0 1 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 1 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET q 0 0 0 rg BT 256.70 754.00 Td (FOSSIL) Tj ET Q q 0 0 0 rg BT 291.72 754.00 Td ( GROUP) Tj ET Q q 0 0 0 rg BT 329.41 754.00 Td (,INC.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 148.20 734.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 184.42 734.00 Td (T) Tj ET Q q 0 0 0 rg BT 190.91 734.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 261.01 734.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 340.19 734.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 354.18 734.00 Td (A) Tj ET Q q 0 0 0 rg BT 360.66 734.00 Td (TEMENTS \(Continued\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (72) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 690.60 Td (The total amount of unrecognized tax benefits, excluding interest and penalties that would favorably impact the ef) Tj ET Q q 0 0 0 rg BT 529.55 690.60 Td (fective ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 678.60 Td (tax rate in future periods if recognized, was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 225.82 678.60 Td ($33.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.71 678.60 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 284.71 678.60 Td ($33.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.60 678.60 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.04 678.60 Td ($20.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.93 678.60 Td ( for fiscal years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.35 678.60 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.35 678.60 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.35 678.60 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.35 678.60 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 666.60 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 666.60 Td (, respectively) Tj ET Q q 0 0 0 rg BT 122.16 666.60 Td (. ) Tj ET Q q 0 0 0 rg BT 126.98 666.60 Td (The U.S. Internal Revenue Service has completed examinations of the Company's federal income tax returns ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 654.60 Td (through 2013. Fiscal years 2015-2017 remain open for federal income tax examination. ) Tj ET Q q 0 0 0 rg BT 401.44 654.60 Td (The Company is also subject to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 642.60 Td (examinations in various state and foreign jurisdictions for its 201) Tj ET Q q 0 0 0 rg BT 309.36 642.60 Td (1-2017 tax years, none of which the Company believes are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 630.60 Td (significant, individually or in the aggregate. ) Tj ET Q q 0 0 0 rg BT 227.05 630.60 Td (T) Tj ET Q q 0 0 0 rg BT 232.46 630.60 Td (ax audit outcomes and timing of tax audit settlements are subject to significant ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 618.60 Td (uncertainty) Tj ET Q q 0 0 0 rg BT 93.83 618.60 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 597.60 Td (The Company has classified uncertain tax positions as long-term income taxes payable unless such amounts are expected ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 585.60 Td (to be paid within twelve months from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 202.53 585.60 Td (December29, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.12 585.60 Td (. ) Tj ET Q q 0 0 0 rg BT 285.56 585.60 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.01 585.60 Td (December29, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.59 585.60 Td (, the Company had recorded ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.11 585.60 Td ($17.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.00 585.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 573.60 Td (of unrecognized tax benefits, excluding interest and penalties, for positions that could be settled or not assessed within the next ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 561.60 Td (twelve months. Consistent with its past practice, the Company recognizes interest and/or penalties related to income tax ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 549.60 Td (overpayments and income tax underpayments in income tax expense and income taxes receivable/payable, respectively) Tj ET Q q 0 0 0 rg BT 526.44 549.60 Td (. ) Tj ET Q q 0 0 0 rg BT 531.26 549.60 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 537.60 Td (total amount of accrued income tax-related interest in the Company's consolidated balance sheets was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.94 537.60 Td ($3.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.83 537.60 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.27 537.60 Td ($2.8 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 525.60 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.39 525.60 Td ( at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.61 525.60 Td (December29, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.19 525.60 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 188.63 525.60 Td (December30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.21 525.60 Td (, respectively) Tj ET Q q 0 0 0 rg BT 319.88 525.60 Td (. ) Tj ET Q q 0 0 0 rg BT 324.70 525.60 Td (The total amount of accrued income tax-related penalties ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 513.60 Td (in the Company's consolidated balance sheets was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 252.64 513.60 Td ($1.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.53 513.60 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.97 513.60 Td ($1.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.86 513.60 Td ( at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.08 513.60 Td (December29, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.66 513.60 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.10 513.60 Td (December30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.68 513.60 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 501.60 Td (respectively) Tj ET Q q 0 0 0 rg BT 97.16 501.60 Td (. ) Tj ET Q q 0 0 0 rg BT 101.98 501.60 Td (The Company accrued income tax-related interest expense of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.65 501.60 Td ($0.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.54 501.60 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.54 501.60 Td ($0.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.43 501.60 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.87 501.60 Td ($0.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.76 501.60 Td ( in fiscal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 489.60 Td (years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.10 489.60 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 93.10 489.60 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.10 489.60 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 118.10 489.60 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 137.54 489.60 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 157.54 489.60 Td (, respectively) Tj ET Q q 0 0 0 rg BT 210.20 489.60 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 468.60 Td (The following is a tabular reconciliation of the total amounts of unrecognized tax benefits for the fiscal years indicated \(in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 456.60 Td (thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 433.10 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.00 433.10 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.00 433.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.00 433.10 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 433.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.00 433.10 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 403.10 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.00 403.10 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.00 403.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.00 403.10 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 403.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.00 403.10 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 373.10 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.00 373.10 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.00 373.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.00 373.10 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 373.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.00 373.10 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 343.10 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.00 343.10 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.00 343.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.00 343.10 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 343.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.00 343.10 60.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374 433.1 m 434 433.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438 433.1 m 498 433.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 433.1 m 562 433.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374 328.1 m 434 328.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374 314.1 m 434 314.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374 312.1 m 434 312.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438 328.1 m 498 328.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438 314.1 m 498 314.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438 312.1 m 498 312.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 328.1 m 562 328.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 314.1 m 562 314.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502 312.1 m 562 312.1 l s BT /F2 8.00 Tf ET 0 0 0 RG /GS0 gs 0.76 w 0 i [] 0 d 1 J 1 j 3 M 52.5 436.080078125 m 90.119140625 436.080078125 l s q 0 0 0 rg BT 52.50 437.33 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 74.20 437.33 Td (Y) Tj ET Q q 0 0 0 rg BT 79.09 437.33 Td (ear) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 395.50 437.33 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 459.50 437.33 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 523.50 437.33 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 422.77 Td (Balance at beginning of year) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.50 422.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.65 422.77 Td (35,355) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.50 422.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.65 422.77 Td (23,399) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.50 422.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.65 422.77 Td (23,022) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 407.77 Td (Gross increasestax positions in prior years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.65 407.77 Td (7,183) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.65 407.77 Td (2,104) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 407.77 Td (918) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 392.77 Td (Gross decreasestax positions in prior years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.80 392.82 Td (\(124) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.15 392.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.80 392.82 Td (\(845) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.15 392.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.80 392.82 Td (\(183) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 392.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 377.77 Td (Gross increasestax positions in current year) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.15 377.77 Td (576) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.65 377.77 Td (13,444) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 377.77 Td (974) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 362.77 Td (Settlements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.15 362.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.80 362.82 Td (\(81) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.15 362.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.80 362.82 Td (\(181) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 362.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 347.77 Td (Lapse in statute of limitations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.30 347.82 Td (\(2,980) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.15 347.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.30 347.82 Td (\(2,706) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.15 347.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.30 347.82 Td (\(1,106) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 347.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 332.77 Td (Change due to currency revaluation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.80 332.82 Td (\(101) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.15 332.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.15 332.77 Td (40) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.80 332.82 Td (\(45) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 332.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 317.77 Td (Balance at end of year) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.50 317.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.65 317.77 Td (39,909) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.50 317.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.65 317.77 Td (35,355) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.50 317.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.65 317.77 Td (23,399) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 292.60 Td (14. Commitments and Contingencies) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 73.50 271.60 Td (License ) Tj ET Q q 0 0 0 rg BT 107.67 271.60 Td (Agr) Tj ET Q q 0 0 0 rg BT 124.14 271.60 Td (eements.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 161.07 271.60 Td () Tj ET Q q 0 0 0 rg BT 170.89 271.60 Td (The Company has various license agreements to market watches and jewelry bearing certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 259.60 Td (trademarks or patents owned by third parties. In accordance with these agreements, the Company incurred royalty expense of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 247.60 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 109.76 247.60 Td ($173.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 168.65 247.60 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 173.65 247.60 Td ($190.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 232.54 247.60 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.98 247.60 Td ($206.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.87 247.60 Td ( in fiscal years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.40 247.60 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.40 247.60 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.40 247.60 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.40 247.60 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.84 247.60 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.84 247.60 Td (, respectively) Tj ET Q q 0 0 0 rg BT 508.50 247.60 Td (. ) Tj ET Q q 0 0 0 rg BT 513.32 247.60 Td (These ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 235.60 Td (amounts are included in the Company's cost of sales or) Tj ET Q q 0 0 0 rg BT 268.91 235.60 Td (, if advertising-related, in SG&A. ) Tj ET Q q 0 0 0 rg BT 405.36 235.60 Td (These license agreements have ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 223.60 Td (expiration dates between years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.00 223.60 Td (2019 and 2028) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 234.44 223.60 Td ( and require the Company to pay royalties ranging from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.93 223.60 Td (7%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.26 223.60 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.04 223.60 Td (15%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.37 223.60 Td ( of defined net ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 211.60 Td (sales. ) Tj ET Q q 0 0 0 rg BT 73.76 211.60 Td (The Company has future minimum royalty commitments through fiscal year 2028 under these license agreements as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 199.60 Td (follows by fiscal year \(in thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 189.50 169.10 132.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 169.10 100.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 189.50 141.10 132.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 141.10 100.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 189.50 113.10 132.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 113.10 100.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321.5 169.10000000000002 m 421.5 169.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321.5 113.10000000000002 m 421.5 113.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321.5 100.10000000000002 m 421.5 100.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321.5 98.10000000000002 m 421.5 98.10000000000002 l s BT /F2 8.00 Tf ET 0 0 0 RG /GS0 gs 0.76 w 0 i [] 0 d 1 J 1 j 3 M 192 172.080078125 m 229.619140625 172.080078125 l s q 0 0 0 rg BT 192.00 173.33 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 213.70 173.33 Td (Y) Tj ET Q q 0 0 0 rg BT 218.59 173.33 Td (ear) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 339.55 181.18 Td (Minimum Royalty) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 346.75 173.18 Td (Commitments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 192.00 159.67 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.00 159.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.15 159.67 Td (146,600) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 192.00 145.67 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.15 145.67 Td (3,324) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 192.00 131.67 Td (2021) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.15 131.67 Td (2,355) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 192.00 117.67 Td (Thereafter) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.15 117.67 Td (17,995) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 192.00 103.67 Td (T) Tj ET Q q 0 0 0 rg BT 197.41 103.67 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.00 103.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.15 103.67 Td (170,274) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 78.60 Td (These minimum royalty commitments do not include amounts owed under these license agreements for obligations of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 66.60 Td (Company to pay the licensors a percentage of net sales of these licensed products.) Tj ET Q endstream endobj 153 0 obj <>] /Rotate 0 /Contents 154 0 R>> endobj 154 0 obj <> stream BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.39 w 0 i [] 0 d 1 J 1 j 3 M 50 772.93359375 m 106.76171875 772.93359375 l s q 0 0 1 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 1 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET q 0 0 0 rg BT 256.70 754.00 Td (FOSSIL) Tj ET Q q 0 0 0 rg BT 291.72 754.00 Td ( GROUP) Tj ET Q q 0 0 0 rg BT 329.41 754.00 Td (,INC.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 148.20 734.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 184.42 734.00 Td (T) Tj ET Q q 0 0 0 rg BT 190.91 734.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 261.01 734.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 340.19 734.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 354.18 734.00 Td (A) Tj ET Q q 0 0 0 rg BT 360.66 734.00 Td (TEMENTS \(Continued\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (73) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 73.50 690.75 Td (Leases.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.33 690.75 Td () Tj ET Q q 0 0 0 rg BT 114.15 690.75 Td (The Company leases its retail and outlet store facilities as well as certain of its of) Tj ET Q q 0 0 0 rg BT 438.04 690.75 Td (fice and warehouse facilities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 678.75 Td (and equipment under non-cancelable operating leases and capital leases. Most of the retail and outlet store leases provide for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 666.75 Td (contingent rental payments based on operating results and require the payment of taxes, insurance and other costs applicable to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 654.75 Td (the property) Tj ET Q q 0 0 0 rg BT 97.44 654.75 Td (. Generally) Tj ET Q q 0 0 0 rg BT 141.22 654.75 Td (, these leases include renewal options for various periods at stipulated rates. ) Tj ET Q q 0 0 0 rg BT 446.50 654.75 Td (T) Tj ET Q q 0 0 0 rg BT 451.91 654.75 Td (otal rent expense under ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 642.75 Td (these agreements was approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 198.89 642.75 Td ($166.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 257.78 642.75 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.78 642.75 Td ($171.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.67 642.75 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.11 642.75 Td ($188.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.00 642.75 Td ( for fiscal years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.42 642.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.42 642.75 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.42 642.75 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.42 642.75 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.86 642.75 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.86 642.75 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 630.75 Td (respectively) Tj ET Q q 0 0 0 rg BT 97.16 630.75 Td (. ) Tj ET Q q 0 0 0 rg BT 101.98 630.75 Td (The Company's total rent expense included contingent rent expense of approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.62 630.75 Td ($6.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.51 630.75 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.51 630.75 Td ($8.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.41 630.75 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 618.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.44 618.75 Td ($10.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 120.33 618.75 Td ( for fiscal years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 184.74 618.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 204.74 618.75 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 209.74 618.75 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 229.74 618.75 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.18 618.75 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.18 618.75 Td (, respectively) Tj ET Q q 0 0 0 rg BT 321.84 618.75 Td (. ) Tj ET Q q 0 0 0 rg BT 326.66 618.75 Td (The Company includes capital leases as a component of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 606.75 Td (short-term and current portion of long-term debt and long-term debt in the consolidated balance sheets. Future minimum rental ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 594.75 Td (commitments under non-cancelable leases, by fiscal year) Tj ET Q q 0 0 0 rg BT 277.06 594.75 Td (, are as follows \(in thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 570.25 349.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 399.00 570.25 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 479.00 570.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.00 570.25 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 540.25 349.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 399.00 540.25 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 479.00 540.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.00 540.25 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 510.25 349.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 399.00 510.25 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 479.00 510.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.00 510.25 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 480.25 349.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 399.00 480.25 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 479.00 480.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.00 480.25 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 450.25 349.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 399.00 450.25 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 479.00 450.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.00 450.25 80.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399 570.25 m 479 570.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483 570.25 m 563 570.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399 480.25 m 479 480.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399 466.25 m 479 466.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399 464.25 m 479 464.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483 480.25 m 563 480.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483 466.25 m 563 466.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483 464.25 m 563 464.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483 450.25 m 563 450.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483 436.25 m 563 436.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483 434.25 m 563 434.25 l s BT /F2 8.00 Tf ET 0 0 0 RG /GS0 gs 0.76 w 0 i [] 0 d 1 J 1 j 3 M 52.5 573.230078125 m 90.119140625 573.230078125 l s q 0 0 0 rg BT 52.50 574.48 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 74.20 574.48 Td (Y) Tj ET Q q 0 0 0 rg BT 79.09 574.48 Td (ear) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 408.60 574.48 Td (Operating Leases) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 497.50 574.48 Td (Capital Leases) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 559.92 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.50 559.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.65 559.92 Td (135,025) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.50 559.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 559.92 Td (951) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 544.92 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.65 544.92 Td (105,668) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 544.92 Td (947) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 529.92 Td (2021) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.65 529.92 Td (84,230) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 529.92 Td (947) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 514.92 Td (2022) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.65 514.92 Td (73,928) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 514.92 Td (696) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 499.92 Td (2023) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.65 499.92 Td (61,710) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 499.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 484.92 Td (Thereafter) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.65 484.92 Td (186,201) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 484.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.50 469.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.65 469.92 Td (646,762) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.50 469.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 469.92 Td (3,541) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 454.92 Td (Less amounts representing interest) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 454.92 Td (84) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 439.92 Td (Capital lease obligations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.50 439.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 439.92 Td (3,457) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 73.50 414.75 Td (Pur) Tj ET Q q 0 0 0 rg BT 89.43 414.75 Td (chase Obligations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 167.22 414.75 Td () Tj ET Q q 0 0 0 rg BT 176.66 414.75 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 201.11 414.75 Td (December29, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.69 414.75 Td (, the Company had purchase obligations totaling ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.77 414.75 Td ($370.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.66 414.75 Td ( that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 402.75 Td (consisted primarily of open non-cancelable purchase orders.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 73.50 381.75 Td (Asset Retir) Tj ET Q q 0 0 0 rg BT 120.80 381.75 Td (ement Obligations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 201.36 381.75 Td () Tj ET Q q 0 0 0 rg BT 210.80 381.75 Td (ASC 410, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 252.76 381.75 Td (Asset Retir) Tj ET Q q 0 0 0 rg BT 295.99 381.75 Td (ement and Envir) Tj ET Q q 0 0 0 rg BT 361.71 381.75 Td (onmental Obligations ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.16 381.75 Td (requires \(i\)that the fair ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 369.75 Td (value of a liability for an asset retirement obligation be recognized in the period in which it is incurred if a reasonable estimate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 357.75 Td (of fair value can be made and \(ii\)that the associated asset retirement costs be capitalized as part of the carrying amount of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 345.75 Td (long-lived asset. ) Tj ET Q q 0 0 0 rg BT 117.36 345.75 Td (The Company's asset retirement obligations relate to costs associated with the retirement of leasehold ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 333.75 Td (improvements under of) Tj ET Q q 0 0 0 rg BT 142.63 333.75 Td (fice leases and retail store leases within the ) Tj ET Q q 0 0 0 rg BT 317.01 333.75 Td (Americas, Europe and ) Tj ET Q q 0 0 0 rg BT 408.09 333.75 Td (Asia segments.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 312.75 Td (The following table summarizes the changes in the Company's asset retirement obligations \(inthousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 289.25 379.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.00 289.25 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.00 289.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 289.25 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 259.25 379.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.00 259.25 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.00 259.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 259.25 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 229.25 379.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.00 229.25 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.00 229.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 229.25 65.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 289.25 m 494 289.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 289.25 m 563 289.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 214.25 m 494 214.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 200.25 m 494 200.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 198.25 m 494 198.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 214.25 m 563 214.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 200.25 m 563 200.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 198.25 m 563 198.25 l s BT /F2 8.00 Tf ET 0 0 0 RG /GS0 gs 0.76 w 0 i [] 0 d 1 J 1 j 3 M 52.5 292.230078125 m 90.119140625 292.230078125 l s q 0 0 0 rg BT 52.50 293.48 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 74.20 293.48 Td (Y) Tj ET Q q 0 0 0 rg BT 79.09 293.48 Td (ear) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.00 293.48 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 522.00 293.48 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 278.92 Td (Beginning asset retirement obligation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.50 278.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.65 278.92 Td (13,086) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.50 278.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.65 278.92 Td (12,678) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 263.92 Td (Liabilities incurred during the period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.15 263.92 Td (166) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 263.92 Td (549) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 248.92 Td (Liabilities settled during the period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.30 248.97 Td (\(1,150) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.15 248.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.30 248.97 Td (\(1,472) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 248.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 233.92 Td (Accretion expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.15 233.92 Td (366) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 233.92 Td (363) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 218.92 Td (Currency translation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.80 218.97 Td (\(606) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.15 218.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 218.92 Td (968) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 203.92 Td (Ending asset retirement obligations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.50 203.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.65 203.92 Td (1) Tj ET Q q 0 0 0 rg BT 467.65 203.92 Td (1,862) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.50 203.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.65 203.92 Td (13,086) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 73.50 178.75 Td (Litigation.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 118.23 178.75 Td () Tj ET Q q 0 0 0 rg BT 128.05 178.75 Td (The Company is occasionally subject to litigation or other legal proceedings in the normal course of its ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 166.75 Td (business. ) Tj ET Q q 0 0 0 rg BT 88.21 166.75 Td (The Company does not believe that the outcome of any currently pending legal matters, individually or collectively) Tj ET Q q 0 0 0 rg BT 549.37 166.75 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 154.75 Td (will have a material ef) Tj ET Q q 0 0 0 rg BT 138.72 154.75 Td (fect on the business or financial condition of the Company) Tj ET Q q 0 0 0 rg BT 372.18 154.75 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 133.75 Td (15. Stockholders' Equity) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 73.50 112.75 Td (Common and Pr) Tj ET Q q 0 0 0 rg BT 144.43 112.75 Td (eferr) Tj ET Q q 0 0 0 rg BT 165.34 112.75 Td (ed Stock.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 204.23 112.75 Td () Tj ET Q q 0 0 0 rg BT 214.05 112.75 Td (The Company has ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.31 112.75 Td (100,000,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.31 112.75 Td ( shares of common stock, par value ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.16 112.75 Td ($0.01) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.66 112.75 Td ( per share, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 100.75 Td (authorized, with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.98 100.75 Td (49,517,817) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 161.98 100.75 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 181.42 100.75 Td (48,642,703) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 226.42 100.75 Td ( shares issued and outstanding at fiscal year) Tj ET Q q 0 0 0 rg BT 400.89 100.75 Td (-end ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.16 100.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.16 100.75 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.60 100.75 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.60 100.75 Td (, respectively) Tj ET Q q 0 0 0 rg BT 533.26 100.75 Td (. ) Tj ET Q q 0 0 0 rg BT 538.08 100.75 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 88.75 Td (Company has ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 106.72 88.75 Td (1,000,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 146.72 88.75 Td ( shares of preferred stock, par value ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.21 88.75 Td ($0.01) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.71 88.75 Td ( per share, authorized, with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.05 88.75 Td (none) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.49 88.75 Td ( issued or outstanding at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 76.75 Td (fiscal year) Tj ET Q q 0 0 0 rg BT 90.66 76.75 Td (-end ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.93 76.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 130.93 76.75 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.37 76.75 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 170.37 76.75 Td (. Rights, preferences and other terms of preferred stock will be determined by the Board of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 64.75 Td (Directors at the time of issuance.) Tj ET Q endstream endobj 155 0 obj <>] /Rotate 0 /Contents 156 0 R>> endobj 156 0 obj <> stream BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.39 w 0 i [] 0 d 1 J 1 j 3 M 50 772.93359375 m 106.76171875 772.93359375 l s q 0 0 1 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 1 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET q 0 0 0 rg BT 256.70 754.00 Td (FOSSIL) Tj ET Q q 0 0 0 rg BT 291.72 754.00 Td ( GROUP) Tj ET Q q 0 0 0 rg BT 329.41 754.00 Td (,INC.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 148.20 734.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 184.42 734.00 Td (T) Tj ET Q q 0 0 0 rg BT 190.91 734.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 261.01 734.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 340.19 734.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 354.18 734.00 Td (A) Tj ET Q q 0 0 0 rg BT 360.66 734.00 Td (TEMENTS \(Continued\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (74) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 73.50 690.75 Td (Common Stock Repur) Tj ET Q q 0 0 0 rg BT 168.88 690.75 Td (chase Pr) Tj ET Q q 0 0 0 rg BT 205.07 690.75 Td (ograms.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 239.23 690.75 Td (Purchases of the Company's common stock have been made from time to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 678.75 Td (time pursuant to its repurchase programs, subject to market conditions and at prevailing market prices, through the open market. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 666.75 Td (Repurchased shares of common stock are recorded at cost and become authorized but unissued shares which may be issued in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 654.75 Td (the future for general corporate or other purposes. In the event the repurchased shares are canceled, the Company accounts for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 642.75 Td (retirements ) Tj ET Q q 0 0 0 rg BT 96.98 642.75 Td (by ) Tj ET Q q 0 0 0 rg BT 109.48 642.75 Td (allocating ) Tj ET Q q 0 0 0 rg BT 151.41 642.75 Td (the ) Tj ET Q q 0 0 0 rg BT 166.13 642.75 Td (repurchase ) Tj ET Q q 0 0 0 rg BT 211.93 642.75 Td (price ) Tj ET Q q 0 0 0 rg BT 234.42 642.75 Td (to ) Tj ET Q q 0 0 0 rg BT 244.70 642.75 Td (common ) Tj ET Q q 0 0 0 rg BT 282.19 642.75 Td (stock, ) Tj ET Q q 0 0 0 rg BT 308.30 642.75 Td (additional ) Tj ET Q q 0 0 0 rg BT 350.79 642.75 Td (paid) Tj ET Q /GS0 gs q 5.00 0 0 10.09 368.01 640.59 cm /I22 Do Q q 0 0 0 rg BT 373.01 642.75 Td (in ) Tj ET Q q 0 0 0 rg BT 383.28 642.75 Td (capital ) Tj ET Q q 0 0 0 rg BT 412.43 642.75 Td (and ) Tj ET Q q 0 0 0 rg BT 429.37 642.75 Td (retained ) Tj ET Q q 0 0 0 rg BT 464.08 642.75 Td (earnings. ) Tj ET Q q 0 0 0 rg BT 502.77 642.75 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 630.75 Td (repurchase price allocation is based upon the equity contribution associated with historical issuances. ) Tj ET Q q 0 0 0 rg BT 456.42 630.75 Td (The repurchase programs ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 618.75 Td (have ) Tj ET Q q 0 0 0 rg BT 70.88 618.75 Td (been ) Tj ET Q q 0 0 0 rg BT 92.25 618.75 Td (conducted ) Tj ET Q q 0 0 0 rg BT 135.85 618.75 Td (pursuant ) Tj ET Q q 0 0 0 rg BT 172.79 618.75 Td (to ) Tj ET Q q 0 0 0 rg BT 183.06 618.75 Td (Rule10b) Tj ET Q /GS0 gs q 5.00 0 0 10.09 219.45 616.59 cm /I23 Do Q q 0 0 0 rg BT 224.45 618.75 Td (18 ) Tj ET Q q 0 0 0 rg BT 236.95 618.75 Td (of ) Tj ET Q q 0 0 0 rg BT 247.78 618.75 Td (the ) Tj ET Q q 0 0 0 rg BT 262.50 618.75 Td (Securities ) Tj ET Q q 0 0 0 rg BT 304.43 618.75 Td (Exchange ) Tj ET Q q 0 0 0 rg BT 345.80 618.75 Td (Act ) Tj ET Q q 0 0 0 rg BT 362.74 618.75 Td (of ) Tj ET Q q 0 0 0 rg BT 373.57 618.75 Td (1934.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 597.75 Td (During the period from December 2012 to the end of fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.74 597.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.74 597.75 Td (, the Company repurchased approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.91 597.75 Td ($1.2 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 585.75 Td (billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.61 585.75 Td ( of its common stock, representing approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 276.68 585.75 Td (1) Tj ET Q q 0 0 0 rg BT 281.31 585.75 Td (1.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 325.20 585.75 Td ( shares. ) Tj ET Q q 0 0 0 rg BT 357.14 585.75 Td (At ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.64 585.75 Td (December29, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.22 585.75 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.66 585.75 Td (December30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.24 585.75 Td (, all ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 573.75 Td (treasury stock had been ef) Tj ET Q q 0 0 0 rg BT 153.72 573.75 Td (fectively retired. ) Tj ET Q q 0 0 0 rg BT 221.74 573.75 Td (As of January 1, 2019, the Company had ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.83 573.75 Td ($30.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.72 573.75 Td ( of repurchase authorizations ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 561.75 Td (remaining under its repurchase plan. However) Tj ET Q q 0 0 0 rg BT 234.03 561.75 Td (, under the Company's Credit ) Tj ET Q q 0 0 0 rg BT 353.04 561.75 Td (Agreement, the Company is restricted from making ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 549.75 Td (open market repurchases of its common stock. See Note 1) Tj ET Q q 0 0 0 rg BT 283.79 549.75 Td (1Debt for additional disclosures about the Credit ) Tj ET Q q 0 0 0 rg BT 490.69 549.75 Td (Agreement.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 76.50 528.75 Td (Noncontr) Tj ET Q q 0 0 0 rg BT 116.87 528.75 Td (olling Inter) Tj ET Q q 0 0 0 rg BT 164.75 528.75 Td (est.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 178.91 528.75 Td ( ) Tj ET Q q 0 0 0 rg BT 183.73 528.75 Td (The Company entered into an agreement to purchase the outstanding minority interest shares ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 516.75 Td (in Fossil South ) Tj ET Q q 0 0 0 rg BT 111.47 516.75 Td (Africa, representing the entire noncontrolling interest in the subsidiary) Tj ET Q q 0 0 0 rg BT 392.68 516.75 Td (. ) Tj ET Q q 0 0 0 rg BT 397.50 516.75 Td (The purchase price is based on variable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 504.75 Td (payments through fiscal year 2020, the present value of which the Company has measured at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.28 504.75 Td ($2.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.17 504.75 Td ( as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.33 504.75 Td (December29, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 492.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 492.75 Td (. ) Tj ET Q q 0 0 0 rg BT 74.32 492.75 Td (The Company made payments of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 209.56 492.75 Td ($1.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.46 492.75 Td ( during fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 333.43 492.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.43 492.75 Td ( towards the purchase price. ) Tj ET Q q 0 0 0 rg BT 467.64 492.75 Td (The transaction was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 480.75 Td (accounted for as an equity transaction, and the Company) Tj ET Q q 0 0 0 rg BT 279.15 480.75 Td (s ownership interest in Fossil South ) Tj ET Q q 0 0 0 rg BT 423.60 480.75 Td (Africa increased to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.17 480.75 Td (100%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.50 480.75 Td (. ) Tj ET Q q 0 0 0 rg BT 532.82 480.75 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 468.75 Td (Company recorded ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.36 468.75 Td ($1.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 177.25 468.75 Td ( of the variable consideration in accrued expenses-other and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.65 468.75 Td ($1.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.54 468.75 Td ( in other long-term ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 456.75 Td (liabilities in the consolidated balance sheets at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 236.94 456.75 Td (December29, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.53 456.75 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 432.75 Td (16. Employee Benefit Plans) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 73.50 411.75 Td (Deferr) Tj ET Q q 0 0 0 rg BT 101.63 411.75 Td (ed Compensation and Savings Plans.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.06 411.75 Td () Tj ET Q q 0 0 0 rg BT 267.88 411.75 Td (The Company has a defined contribution savings plan \(the "401\(k\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 399.75 Td (Plan"\) for substantially all U.S.-based full-time employees of the Company) Tj ET Q q 0 0 0 rg BT 349.82 399.75 Td (, which includes a Roth 401\(k\) option. ) Tj ET Q q 0 0 0 rg BT 506.00 399.75 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 387.75 Td (Company's common stock is one of several investment alternatives available under the 401\(k\) Plan. ) Tj ET Q q 0 0 0 rg BT 450.74 387.75 Td (The Company has a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 375.75 Td (discretionary match for the 401\(k\) Plan. ) Tj ET Q q 0 0 0 rg BT 211.40 375.75 Td (After ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 235.00 375.75 Td (90 days) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 265.83 375.75 Td (of service \(minimum of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.53 375.75 Td (250 hours) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.25 375.75 Td (worked\), the Company matched ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.54 375.75 Td (50%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 556.87 375.75 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 363.75 Td (of employee contributions up to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 179.75 363.75 Td (6%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 193.08 363.75 Td ( of their compensation during fiscal year 2018. Matching contributions made by the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 351.75 Td (Company to the 401\(k\) Plan totaled approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 255.29 351.75 Td ($2.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.18 351.75 Td ( for fiscal year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.71 351.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.71 351.75 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.14 351.75 Td ($2.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.04 351.75 Td ( for both fiscal years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.73 351.75 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.73 351.75 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 339.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.44 339.75 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.44 339.75 Td (. ) Tj ET Q q 0 0 0 rg BT 91.26 339.75 Td (The Company also has the right to make additional matching contributions not to exceed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.95 339.75 Td (15%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.28 339.75 Td ( of employee ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 327.75 Td (compensation. ) Tj ET Q q 0 0 0 rg BT 109.86 327.75 Td (The Company did ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 184.57 327.75 Td (no) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 194.57 327.75 Td (t make any additional matching contributions during fiscal years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.78 327.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.78 327.75 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.78 327.75 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.78 327.75 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.22 327.75 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.22 327.75 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 306.75 Td (Under the Fossil Group,Inc. and ) Tj ET Q q 0 0 0 rg BT 206.82 306.75 Td (Af) Tj ET Q q 0 0 0 rg BT 217.19 306.75 Td (filiates Deferred Compensation Plan \(the "Deferred Plan"\) eligible participants may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 294.75 Td (elect to defer up to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.97 294.75 Td (50%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 145.30 294.75 Td ( of their salary or up to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 239.44 294.75 Td (100%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.77 294.75 Td ( of any bonuses paid pursuant to the terms and conditions of the Deferred ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 282.75 Td (Plan. In addition, the Company may make employer contributions to participants under the Deferred Plan from time to time. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 270.75 Td (The Company made no contributions to the Deferred Plan during fiscal years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.53 270.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.53 270.75 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.53 270.75 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.53 270.75 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.96 270.75 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.96 270.75 Td (. In prior periods, the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 258.75 Td (Company made payments pursuant to the Deferred Plan into a Rabbi ) Tj ET Q q 0 0 0 rg BT 327.31 258.75 Td (T) Tj ET Q q 0 0 0 rg BT 333.06 258.75 Td (rust. ) Tj ET Q q 0 0 0 rg BT 352.88 258.75 Td (The funds held in the Rabbi ) Tj ET Q q 0 0 0 rg BT 466.57 258.75 Td (T) Tj ET Q q 0 0 0 rg BT 472.33 258.75 Td (rust are directed to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 246.75 Td (certain investments available through life insurance products. ) Tj ET Q q 0 0 0 rg BT 297.57 246.75 Td (The Company had assets of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.60 246.75 Td ($4.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.50 246.75 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.93 246.75 Td ($4.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.83 246.75 Td ( related ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 234.75 Td (to the Company's invested balances recorded in intangible and other assetsnet and liabilities of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.09 234.75 Td ($3.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.98 234.75 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.42 234.75 Td ($5.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.31 234.75 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 222.75 Td (related to the participants' invested balances recorded in accrued expensesother) Tj ET Q q 0 0 0 rg BT 375.48 222.75 Td (, each on the Company's consolidated balance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 210.75 Td (sheets at the end of fiscal years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 176.39 210.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.39 210.75 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.83 210.75 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 235.83 210.75 Td (, respectively) Tj ET Q q 0 0 0 rg BT 288.49 210.75 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 73.50 189.75 Td (Stock-Based Compensation Plans.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 218.80 189.75 Td () Tj ET Q q 0 0 0 rg BT 228.62 189.75 Td (The Company) Tj ET Q q 0 0 0 rg BT 288.33 189.75 Td (s grants under its current stock-based compensation plans generally ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 177.75 Td (include: \(i\)stock options, restricted stock units, and performance restricted stock units for its international employees, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 165.75 Td (\(ii\)restricted stock units for its nonemployee directors, and \(iii\)stock appreciation rights, performance stock appreciation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 153.75 Td (rights, restricted stock, restricted stock units, and performance restricted stock units for its U.S.-based employees. ) Tj ET Q q 0 0 0 rg BT 505.77 153.75 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 141.75 Td (December29, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.08 141.75 Td (, the Company had approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.38 141.75 Td ($30.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.28 141.75 Td ( of total unrecognized compensation cost related to non-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 129.75 Td (vested share-based compensation arrangements granted under the Company's stock based compensation plans. ) Tj ET Q q 0 0 0 rg BT 494.05 129.75 Td (This cost is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 117.75 Td (expected to be recognized over a weighted-average period of approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.02 117.75 Td (1.3 years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.12 117.75 Td (. ) Tj ET Q q 0 0 0 rg BT 396.57 117.75 Td (All time-based or performance-based ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 105.75 Td (stock appreciation rights and restricted stock units are settled in shares of the Company's common stock with the exception of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 93.75 Td (one employees' grants that were converted to cash settled awards.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 73.50 72.75 Td (Long-T) Tj ET Q q 0 0 0 rg BT 104.81 72.75 Td (erm Incentive Plans.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 192.30 72.75 Td () Tj ET Q q 0 0 0 rg BT 201.75 72.75 Td (An aggregate of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.66 72.75 Td (3,000,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.66 72.75 Td ( shares of the Company's common stock were reserved for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 60.75 Td (issuance pursuant to the Company's 2016 Long-T) Tj ET Q q 0 0 0 rg BT 247.24 60.75 Td (erm Incentive Plan \("2016 L) Tj ET Q q 0 0 0 rg BT 360.37 60.75 Td (TIP"\), adopted in March 2016. Pursuant to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 48.75 Td (First ) Tj ET Q q 0 0 0 rg BT 69.79 48.75 Td (Amendment to the Company) Tj ET Q q 0 0 0 rg BT 188.38 48.75 Td (s 2016 Long-T) Tj ET Q q 0 0 0 rg BT 247.12 48.75 Td (erm Incentive Plan, which was approved by our shareholders on May 23, ) Tj ET Q endstream endobj 157 0 obj <>] /Rotate 0 /Contents 158 0 R>> endobj 158 0 obj <> stream BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.39 w 0 i [] 0 d 1 J 1 j 3 M 50 772.93359375 m 106.76171875 772.93359375 l s q 0 0 1 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 1 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET q 0 0 0 rg BT 256.70 754.00 Td (FOSSIL) Tj ET Q q 0 0 0 rg BT 291.72 754.00 Td ( GROUP) Tj ET Q q 0 0 0 rg BT 329.41 754.00 Td (,INC.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 148.20 734.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 184.42 734.00 Td (T) Tj ET Q q 0 0 0 rg BT 190.91 734.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 261.01 734.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 340.19 734.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 354.18 734.00 Td (A) Tj ET Q q 0 0 0 rg BT 360.66 734.00 Td (TEMENTS \(Continued\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (75) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 690.60 Td (2018, the number of shares of the Company) Tj ET Q q 0 0 0 rg BT 227.80 690.60 Td (s common stock authorized for issuance under the Company) Tj ET Q q 0 0 0 rg BT 472.18 690.60 Td (s 2016 Long-T) Tj ET Q q 0 0 0 rg BT 530.92 690.60 Td (erm ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 678.60 Td (Incentive Plan, as amended \(the 2016 Plan\), was increased from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.18 678.60 Td (3,000,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.18 678.60 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.96 678.60 Td (10,288,468) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.96 678.60 Td (, such additional shares consisting of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 666.60 Td (\(i\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.44 666.60 Td (5,000,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 101.44 666.60 Td ( additional shares of common stock and \(ii\)up to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.29 666.60 Td (2,288,468) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.29 666.60 Td ( shares of common stock subject to awards under the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 654.60 Td (Company) Tj ET Q q 0 0 0 rg BT 91.17 654.60 Td (s 2008 Long-T) Tj ET Q q 0 0 0 rg BT 149.91 654.60 Td (erm Incentive Plan \(the 2008 Plan\) that were outstanding on March31, 2018 and, on or after ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 642.60 Td (March31, 2018, are forfeited, expire or are canceled. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 621.60 Td (Under the 2016 Plan, designated employees of the Company) Tj ET Q q 0 0 0 rg BT 315.30 621.60 Td (, including of) Tj ET Q q 0 0 0 rg BT 368.72 621.60 Td (ficers, certain contractors, and outside directors ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 609.60 Td (of the Company) Tj ET Q q 0 0 0 rg BT 113.28 609.60 Td (, are eligible to receive \(i\)stock options, \(ii\)stock appreciation rights, \(iii\)restricted or non-restricted stock ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 597.60 Td (awards, \(iv\) restricted stock units, \(v\)performance awards, \(vi\)cash awards, or \(vii\)any combination of the foregoing. ) Tj ET Q q 0 0 0 rg BT 527.77 597.60 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 585.60 Td (2016 Plan is administered by the Compensation Committee of the Company's Board of Directors \(the "Compensation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 573.60 Td (Committee"\). Each award issued under the 2016 Plan terminates at the time designated by the Compensation Committee, not to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 561.60 Td (exceed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 79.75 561.60 Td (ten years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 115.57 561.60 Td (. ) Tj ET Q q 0 0 0 rg BT 120.39 561.60 Td (The current outstanding stock options, stock appreciation rights, performance stock appreciation rights, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 549.60 Td (restricted stock, restricted stock units and performance restricted stock units issued under the 2016 Plan predominantly have ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 537.60 Td (original vesting periods of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 157.26 537.60 Td (three years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.84 537.60 Td (. ) Tj ET Q q 0 0 0 rg BT 205.66 537.60 Td (T) Tj ET Q q 0 0 0 rg BT 211.42 537.60 Td (ime-based or performance-based stock appreciation rights and restricted stock units are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 525.60 Td (predominately settled in shares of the Company's common stock. On the date of the Company) Tj ET Q q 0 0 0 rg BT 428.17 525.60 Td (s annual stockholders meeting, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 513.60 Td (each nonemployee director automatically receives restricted stock units with a fair market value of approximately $) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 511.82 513.60 Td (130,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.32 513.60 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 501.60 Td (which vest ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.05 501.60 Td (100%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 118.38 501.60 Td ( on the earlier of one year from the date of grant or the date of the Company's next annual stockholders ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 489.60 Td (meeting, provided such director is providing services to the Company or a subsidiary of the Company on that date. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 477.60 Td (Notwithstanding the foregoing, the Company) Tj ET Q q 0 0 0 rg BT 233.64 477.60 Td (s Board of Directors elected to take a one-time ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.73 477.60 Td (25%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.06 477.60 Td ( reduction of such annual ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 465.60 Td (grant in 2018, and each nonemployee director thus received a grant on May 23, 2018 of restricted stock units with a fair market ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 453.60 Td (value of approximately $) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 149.74 453.60 Td (97,500) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 177.24 453.60 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 73.50 432.60 Td (Stock Options, Stock ) Tj ET Q q 0 0 0 rg BT 164.63 432.60 Td (Appr) Tj ET Q q 0 0 0 rg BT 187.24 432.60 Td (eciation Rights and Performance Stock ) Tj ET Q q 0 0 0 rg BT 355.83 432.60 Td (Appr) Tj ET Q q 0 0 0 rg BT 378.43 432.60 Td (eciation Rights.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.54 432.60 Td () Tj ET Q q 0 0 0 rg BT 454.36 432.60 Td (The fair value of stock ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 420.60 Td (options, stock appreciation rights and performance stock appreciation rights granted under the Company's stock-based ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 408.60 Td (compensation plans were estimated on the date of grant using the Black-Scholes option pricing model. ) Tj ET Q q 0 0 0 rg BT 462.00 408.60 Td (The table below outlines ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 396.60 Td (the weighted-average assumptions for these award grants:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 113.00 364.10 325.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.00 364.10 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 113.00 334.10 325.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.00 334.10 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 113.00 304.10 325.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.00 304.10 60.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438 364.1 m 498 364.1 l s BT /F2 8.00 Tf ET 0 0 0 RG /GS0 gs 0.76 w 0 i [] 0 d 1 J 1 j 3 M 115.5 367.080078125 m 153.119140625 367.080078125 l s q 0 0 0 rg BT 115.50 368.33 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 137.20 368.33 Td (Y) Tj ET Q q 0 0 0 rg BT 142.09 368.33 Td (ear) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 459.50 368.33 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 115.50 353.77 Td (Risk-free interest rate) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.65 353.77 Td (1.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.15 353.77 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 115.50 338.77 Td (Expected term \(in years\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.00 338.77 Td (3.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 115.50 323.77 Td (Expected volatility) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.65 323.77 Td (38.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.15 323.77 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 115.50 308.77 Td (Expected dividend yield) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.15 308.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.15 308.77 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 115.50 293.77 Td (Estimated fair value per stock option/stock appreciation right granted) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.50 293.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.65 293.77 Td (1) Tj ET Q q 0 0 0 rg BT 471.65 293.77 Td (1.25) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 268.60 Td (The expected term of the stock options represents the estimated period of time until exercise and is based on historical ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 256.60 Td (experience of similar awards. Expected stock price volatility is based on the historical volatility of the Company) Tj ET Q q 0 0 0 rg BT 501.32 256.60 Td (s common ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 244.60 Td (stock. ) Tj ET Q q 0 0 0 rg BT 75.43 244.60 Td (The ) Tj ET Q q 0 0 0 rg BT 93.47 244.60 Td (risk) Tj ET Q /GS0 gs q 5.00 0 0 10.09 108.47 242.44 cm /I24 Do Q q 0 0 0 rg BT 113.47 244.60 Td (free ) Tj ET Q q 0 0 0 rg BT 131.51 244.60 Td (interest ) Tj ET Q q 0 0 0 rg BT 163.45 244.60 Td (rate ) Tj ET Q q 0 0 0 rg BT 180.93 244.60 Td (is ) Tj ET Q q 0 0 0 rg BT 190.10 244.60 Td (based ) Tj ET Q q 0 0 0 rg BT 215.37 244.60 Td (on ) Tj ET Q q 0 0 0 rg BT 227.87 244.60 Td (the ) Tj ET Q q 0 0 0 rg BT 242.59 244.60 Td (implied ) Tj ET Q q 0 0 0 rg BT 275.64 244.60 Td (yield ) Tj ET Q q 0 0 0 rg BT 298.13 244.60 Td (available ) Tj ET Q q 0 0 0 rg BT 336.72 244.60 Td (on ) Tj ET Q q 0 0 0 rg BT 349.22 244.60 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 369.32 244.60 Td (T) Tj ET Q q 0 0 0 rg BT 375.08 244.60 Td (reasury ) Tj ET Q q 0 0 0 rg BT 407.01 244.60 Td (securities ) Tj ET Q q 0 0 0 rg BT 447.27 244.60 Td (with ) Tj ET Q q 0 0 0 rg BT 467.55 244.60 Td (an ) Tj ET Q q 0 0 0 rg BT 479.49 244.60 Td (equivalent ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 232.60 Td (remaining term. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 211.60 Td (The Company did not issue stock options, stock appreciation rights and performance stock appreciation rights in fiscal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 199.60 Td (years 2018 and 2017.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 178.60 Td (The following table summarizes stock option, stock appreciation rights and performance stock appreciation rights ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 166.60 Td (activity:) Tj ET Q endstream endobj 159 0 obj <>] /Rotate 0 /Contents 160 0 R>> endobj 160 0 obj <> stream BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.39 w 0 i [] 0 d 1 J 1 j 3 M 50 772.93359375 m 106.76171875 772.93359375 l s q 0 0 1 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 1 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET q 0 0 0 rg BT 256.70 754.00 Td (FOSSIL) Tj ET Q q 0 0 0 rg BT 291.72 754.00 Td ( GROUP) Tj ET Q q 0 0 0 rg BT 329.41 754.00 Td (,INC.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 148.20 734.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 184.42 734.00 Td (T) Tj ET Q q 0 0 0 rg BT 190.91 734.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 261.01 734.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 340.19 734.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 354.18 734.00 Td (A) Tj ET Q q 0 0 0 rg BT 360.66 734.00 Td (TEMENTS \(Continued\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (76) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 634.00 261.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 311.00 634.00 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 371.00 634.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.00 634.00 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 435.00 634.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.00 634.00 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.00 634.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.00 634.00 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 604.00 261.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 311.00 604.00 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 371.00 604.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.00 604.00 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 435.00 604.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.00 604.00 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.00 604.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.00 604.00 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 574.00 261.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 311.00 574.00 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 371.00 574.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.00 574.00 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 435.00 574.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.00 574.00 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.00 574.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.00 574.00 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 544.00 261.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 311.00 544.00 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 371.00 544.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.00 544.00 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 435.00 544.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.00 544.00 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.00 544.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.00 544.00 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 514.00 261.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 311.00 514.00 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 371.00 514.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.00 514.00 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 435.00 514.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.00 514.00 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.00 514.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.00 514.00 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 484.00 261.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 311.00 484.00 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 371.00 484.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.00 484.00 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 435.00 484.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.00 484.00 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.00 484.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.00 484.00 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 454.00 261.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 311.00 454.00 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 371.00 454.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.00 454.00 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 435.00 454.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.00 454.00 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.00 454.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.00 454.00 60.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311 647 m 371 647 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375 647 m 435 647 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 647 m 499 647 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 647 m 563 647 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 647 m 563 647 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311 574 m 371 574 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311 514 m 371 514 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311 454 m 371 454 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311 439 m 371 439 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311 425 m 371 425 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311 423 m 371 423 l s BT /F2 8.00 Tf ET 0 0 0 RG /GS0 gs 0.76 w 0 i [] 0 d 1 J 1 j 3 M 52.5 649.980078125 m 207.2734375 649.980078125 l s q 0 0 0 rg BT 52.50 651.23 Td (Stock Options and Stock ) Tj ET Q q 0 0 0 rg BT 138.30 651.23 Td (Appr) Tj ET Q q 0 0 0 rg BT 156.39 651.23 Td (eciation Rights) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 329.00 651.23 Td (Shar) Tj ET Q q 0 0 0 rg BT 345.38 651.23 Td (es) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 386.90 667.23 Td (W) Tj ET Q q 0 0 0 rg BT 394.68 667.23 Td (eighted-) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 390.55 659.23 Td (A) Tj ET Q q 0 0 0 rg BT 396.03 659.23 Td (verage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 380.25 651.23 Td (Exer) Tj ET Q q 0 0 0 rg BT 396.62 651.23 Td (cise Price) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 450.90 683.23 Td (W) Tj ET Q q 0 0 0 rg BT 458.68 683.23 Td (eighted-) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 454.55 675.23 Td (A) Tj ET Q q 0 0 0 rg BT 460.03 675.23 Td (verage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 449.80 667.23 Td (Remaining) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 447.80 659.23 Td (Contractual) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 446.05 651.23 Td (T) Tj ET Q q 0 0 0 rg BT 451.02 651.23 Td (erm \(Y) Tj ET Q q 0 0 0 rg BT 474.42 651.23 Td (ears\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 515.00 667.23 Td (Aggr) Tj ET Q q 0 0 0 rg BT 532.26 667.23 Td (egate) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 517.80 659.23 Td (Intrinsic) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 522.85 651.23 Td (V) Tj ET Q q 0 0 0 rg BT 528.26 651.23 Td (alue) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 638.23 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 318.80 638.23 Td (in thousands) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 510.80 638.23 Td (in thousands) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 623.67 Td (Outstanding at January 2, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.65 623.67 Td (2,028) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.50 623.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.65 623.67 Td (52.80) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.00 623.67 Td (8.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.50 623.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 623.67 Td (2,095) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 608.67 Td (Granted) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.15 608.67 Td (326) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.65 608.67 Td (41.53) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 593.67 Td (Exercised) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.80 593.72 Td (\(10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.15 593.67 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.65 593.67 Td (26.93) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 593.67 Td (186) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 578.67 Td (Forfeited or expired) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.80 578.72 Td (\(57) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.15 578.67 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.65 578.67 Td (81.93) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 563.67 Td (Outstanding at December 31, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.65 563.67 Td (2,287) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.65 563.67 Td (50.58) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.00 563.67 Td (6.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 563.67 Td (627) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 548.67 Td (Granted) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.15 548.67 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.15 548.67 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 533.67 Td (Exercised) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.80 533.72 Td (\(13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.15 533.67 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.65 533.67 Td (13.65) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 533.67 Td (35) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 518.67 Td (Forfeited or expired) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.80 518.72 Td (\(97) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.15 518.67 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.65 518.67 Td (67.99) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 503.67 Td (Outstanding at December 30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.65 503.67 Td (2,177) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.65 503.67 Td (50.01) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.00 503.67 Td (5.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 503.67 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 488.67 Td (Granted) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.15 488.67 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.15 488.67 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 473.67 Td (Exercised) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.80 473.72 Td (\(21) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.15 473.67 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.65 473.67 Td (14.46) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 473.67 Td (37) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 458.67 Td (Forfeited or expired) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.80 458.72 Td (\(226) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.15 458.67 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.65 458.67 Td (59.58) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 443.67 Td (Outstanding at December 29, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.65 443.67 Td (1,930) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.65 443.67 Td (49.25) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.00 443.67 Td (1.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 443.67 Td (37) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 428.67 Td (Exercisable at December 29, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.65 428.67 Td (1,363) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.50 428.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.65 428.67 Td (54.12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.00 428.67 Td (1.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.50 428.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 428.67 Td (37) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 403.50 Td (The aggregate intrinsic value in the table above is before income taxes and is based on the exercise price for outstanding ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 391.50 Td (and exercisable options/rights at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 181.13 391.50 Td (December29, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 259.71 391.50 Td ( and based on the fair market value of the Company's common stock on the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 379.50 Td (exercise date for options/rights that were exercised during the fiscal year) Tj ET Q q 0 0 0 rg BT 339.39 379.50 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 73.50 358.50 Td (Stock Options, Stock ) Tj ET Q q 0 0 0 rg BT 164.63 358.50 Td (Appr) Tj ET Q q 0 0 0 rg BT 187.24 358.50 Td (eciation Rights and Performance Stock ) Tj ET Q q 0 0 0 rg BT 355.83 358.50 Td (Appr) Tj ET Q q 0 0 0 rg BT 378.43 358.50 Td (eciation Rights Outstanding and ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 346.50 Td (Exer) Tj ET Q q 0 0 0 rg BT 69.87 346.50 Td (cisable.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 101.25 346.50 Td () Tj ET Q q 0 0 0 rg BT 111.07 346.50 Td (The following tables summarize information with respect to stock options, stock appreciation rights and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 334.50 Td (performance stock appreciation rights outstanding and exercisable at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.62 334.50 Td (December29, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.20 334.50 Td (:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 250.00 192.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 242.00 250.00 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.00 250.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 296.00 250.00 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.00 250.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 360.00 250.00 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 435.00 250.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.00 250.00 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.00 250.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.00 250.00 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 220.00 192.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 242.00 220.00 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.00 220.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 296.00 220.00 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.00 220.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 360.00 220.00 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 435.00 220.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.00 220.00 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.00 220.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.00 220.00 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 190.00 192.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 242.00 190.00 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.00 190.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 296.00 190.00 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.00 190.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 360.00 190.00 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 435.00 190.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.00 190.00 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.00 190.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.00 190.00 60.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 303 m 242 303 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 242 303 m 292 303 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 303 m 296 303 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 303 m 356 303 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 356 303 m 360 303 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 303 m 435 303 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 303 m 499 303 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499 303 m 503 303 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 303 m 563 303 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 242 263 m 292 263 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 263 m 356 263 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 263 m 435 263 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 303 m 499 303 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 263 m 499 263 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 303 m 563 303 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 263 m 563 263 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 242 263 m 292 263 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 263 m 499 263 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 242 190 m 292 190 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 242 176 m 292 176 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 242 174 m 292 174 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 190 m 356 190 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 176 m 356 176 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 174 m 356 174 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 190 m 435 190 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 176 m 435 176 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 174 m 435 174 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 190 m 499 190 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 176 m 499 176 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 174 m 499 174 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 190 m 563 190 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 176 m 563 176 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 174 m 563 174 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 195.50 307.23 Td (Stock Options Outstanding) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 476.35 315.23 Td (Stock Options) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 480.75 307.23 Td (Exer) Tj ET Q q 0 0 0 rg BT 497.04 307.23 Td (cisable) Tj ET Q BT /F2 8.00 Tf ET 0 0 0 RG /GS0 gs 0.76 w 0 i [] 0 d 1 J 1 j 3 M 52.5 265.980078125 m 136.546875 265.980078125 l s q 0 0 0 rg BT 52.50 267.23 Td (Range of Exer) Tj ET Q q 0 0 0 rg BT 101.23 267.23 Td (cise Prices) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 248.00 275.23 Td (Number) Tj ET Q q 0 0 0 rg BT 276.30 275.23 Td ( of) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 255.00 267.23 Td (Shar) Tj ET Q q 0 0 0 rg BT 271.30 267.23 Td (es) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 307.90 283.23 Td (W) Tj ET Q q 0 0 0 rg BT 315.46 283.23 Td (eighted-) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 311.55 275.23 Td (A) Tj ET Q q 0 0 0 rg BT 316.73 275.23 Td (verage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 301.25 267.23 Td (Exer) Tj ET Q q 0 0 0 rg BT 317.54 267.23 Td (cise Price) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 365.50 291.23 Td (W) Tj ET Q q 0 0 0 rg BT 373.06 291.23 Td (eighted-A) Tj ET Q q 0 0 0 rg BT 405.79 291.23 Td (verage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 378.30 283.23 Td (Remaining) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 376.30 275.23 Td (Contractual) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 374.55 267.23 Td (T) Tj ET Q q 0 0 0 rg BT 379.15 267.23 Td (erm \(Y) Tj ET Q q 0 0 0 rg BT 402.47 267.23 Td (ears\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 450.00 275.23 Td (Number) Tj ET Q q 0 0 0 rg BT 478.30 275.23 Td ( of) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 457.00 267.23 Td (Shar) Tj ET Q q 0 0 0 rg BT 473.30 267.23 Td (es) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 514.90 291.23 Td (W) Tj ET Q q 0 0 0 rg BT 522.46 291.23 Td (eighted-) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 518.55 283.23 Td (A) Tj ET Q q 0 0 0 rg BT 523.73 283.23 Td (verage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 518.10 275.23 Td (Exer) Tj ET Q q 0 0 0 rg BT 534.39 275.23 Td (cise) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 523.60 267.23 Td (Price) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 254.23 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 244.80 254.23 Td (in thousands) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 446.80 254.23 Td (in thousands) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 239.67 Td ($13.65-$29.49) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.15 239.67 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 239.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.65 239.67 Td (13.65) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.00 239.67 Td (0.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.15 239.67 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.50 239.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 239.67 Td (13.65) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 224.67 Td ($36.73 - $70.12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.15 224.67 Td (40) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.65 224.67 Td (38.40) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.00 224.67 Td (1.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.15 224.67 Td (40) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 224.67 Td (38.40) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 209.67 Td ($80.22 - $127.84) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 273.15 209.67 Td (181) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.65 209.67 Td (107.86) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.00 209.67 Td (2.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.15 209.67 Td (181) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.65 209.67 Td (107.86) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 194.67 Td ($128.29 - $131.46) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 283.15 194.67 Td (6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.65 194.67 Td (130.80) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.00 194.67 Td (3.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.15 194.67 Td (6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.65 194.67 Td (130.80) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 179.67 Td (T) Tj ET Q q 0 0 0 rg BT 63.91 179.67 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 273.15 179.67 Td (241) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 179.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.65 179.67 Td (91.29) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.00 179.67 Td (2.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.15 179.67 Td (241) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.50 179.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 179.67 Td (91.29) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 161 0 obj <>] /Rotate 0 /Contents 162 0 R>> endobj 162 0 obj <> stream BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.39 w 0 i [] 0 d 1 J 1 j 3 M 50 772.93359375 m 106.76171875 772.93359375 l s q 0 0 1 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 1 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET q 0 0 0 rg BT 256.70 754.00 Td (FOSSIL) Tj ET Q q 0 0 0 rg BT 291.72 754.00 Td ( GROUP) Tj ET Q q 0 0 0 rg BT 329.41 754.00 Td (,INC.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 148.20 734.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 184.42 734.00 Td (T) Tj ET Q q 0 0 0 rg BT 190.91 734.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 261.01 734.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 340.19 734.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 354.18 734.00 Td (A) Tj ET Q q 0 0 0 rg BT 360.66 734.00 Td (TEMENTS \(Continued\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (77) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 626.00 192.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 242.00 626.00 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.00 626.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 296.00 626.00 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.00 626.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 360.00 626.00 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 435.00 626.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.00 626.00 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.00 626.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.00 626.00 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 596.00 192.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 242.00 596.00 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.00 596.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 296.00 596.00 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.00 596.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 360.00 596.00 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 435.00 596.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.00 596.00 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.00 596.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.00 596.00 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 566.00 192.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 242.00 566.00 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.00 566.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 296.00 566.00 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.00 566.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 360.00 566.00 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 435.00 566.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.00 566.00 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.00 566.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.00 566.00 60.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 676 m 242 676 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 242 676 m 292 676 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 676 m 296 676 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 676 m 356 676 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 356 676 m 360 676 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 676 m 435 676 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 676 m 499 676 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499 676 m 503 676 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 676 m 563 676 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 242 676 m 292 676 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 242 639 m 292 639 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 676 m 356 676 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 639 m 356 639 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 676 m 435 676 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 639 m 435 639 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 639 m 499 639 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 676 m 563 676 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 639 m 563 639 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 242 566 m 292 566 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 242 552 m 292 552 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 242 550 m 292 550 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 566 m 356 566 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 552 m 356 552 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 550 m 356 550 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 566 m 435 566 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 552 m 435 552 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 550 m 435 550 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 566 m 499 566 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 552 m 499 552 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 550 m 499 550 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 566 m 563 566 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 552 m 563 552 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 550 m 563 550 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 174.80 680.23 Td (Stock ) Tj ET Q q 0 0 0 rg BT 195.69 680.23 Td (Appr) Tj ET Q q 0 0 0 rg BT 213.63 680.23 Td (eciation Rights Outstanding) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 467.75 688.23 Td (Stock ) Tj ET Q q 0 0 0 rg BT 488.42 688.23 Td (Appr) Tj ET Q q 0 0 0 rg BT 506.50 688.23 Td (eciation) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 468.65 680.23 Td (Rights Exer) Tj ET Q q 0 0 0 rg BT 509.17 680.23 Td (cisable) Tj ET Q BT /F2 8.00 Tf ET 0 0 0 RG /GS0 gs 0.76 w 0 i [] 0 d 1 J 1 j 3 M 52.5 641.980078125 m 136.546875 641.980078125 l s q 0 0 0 rg BT 52.50 643.23 Td (Range of Exer) Tj ET Q q 0 0 0 rg BT 101.23 643.23 Td (cise Prices) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 248.00 651.23 Td (Number) Tj ET Q q 0 0 0 rg BT 276.30 651.23 Td ( of) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 255.00 643.23 Td (Shar) Tj ET Q q 0 0 0 rg BT 271.30 643.23 Td (es) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 307.90 659.23 Td (W) Tj ET Q q 0 0 0 rg BT 315.46 659.23 Td (eighted-) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 311.55 651.23 Td (A) Tj ET Q q 0 0 0 rg BT 316.73 651.23 Td (verage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 301.25 643.23 Td (Exer) Tj ET Q q 0 0 0 rg BT 317.54 643.23 Td (cise Price) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 365.50 667.23 Td (W) Tj ET Q q 0 0 0 rg BT 373.06 667.23 Td (eighted-A) Tj ET Q q 0 0 0 rg BT 405.79 667.23 Td (verage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 378.30 659.23 Td (Remaining) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 376.30 651.23 Td (Contractual) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 374.55 643.23 Td (T) Tj ET Q q 0 0 0 rg BT 379.15 643.23 Td (erm \(Y) Tj ET Q q 0 0 0 rg BT 402.47 643.23 Td (ears\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 450.00 651.23 Td (Number) Tj ET Q q 0 0 0 rg BT 478.30 651.23 Td ( of) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 457.00 643.23 Td (Shar) Tj ET Q q 0 0 0 rg BT 473.30 643.23 Td (es) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 514.90 667.23 Td (W) Tj ET Q q 0 0 0 rg BT 522.46 667.23 Td (eighted-) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 518.55 659.23 Td (A) Tj ET Q q 0 0 0 rg BT 523.73 659.23 Td (verage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 518.10 651.23 Td (Exer) Tj ET Q q 0 0 0 rg BT 534.39 651.23 Td (cise) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 523.60 643.23 Td (Price) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 244.80 630.23 Td (in thousands) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 446.80 630.23 Td (in thousands) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 615.67 Td ($13.65-$29.49) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.15 615.67 Td (48) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 615.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.65 615.67 Td (29.49) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.00 615.67 Td (5.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.15 615.67 Td (32) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.50 615.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 615.67 Td (29.49) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 600.67 Td ($36.73 - $70.12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 265.65 600.67 Td (1,419) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.65 600.67 Td (38.1) Tj ET Q q 0 0 0 rg BT 347.15 600.67 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.00 600.67 Td (0.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.15 600.67 Td (891) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 600.67 Td (38.30) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 585.67 Td ($80.22 - $127.84) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 273.15 585.67 Td (156) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.65 585.67 Td (93.85) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.00 585.67 Td (3.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.15 585.67 Td (156) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 585.67 Td (93.85) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 570.67 Td ($128.29 - $131.46) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 283.15 570.67 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.65 570.67 Td (128.29) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.00 570.67 Td (0.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.15 570.67 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.65 570.67 Td (128.29) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 555.67 Td (T) Tj ET Q q 0 0 0 rg BT 63.91 555.67 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 265.65 555.67 Td (1,628) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 555.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.65 555.67 Td (43.49) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.00 555.67 Td (1.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 555.67 Td (1,084) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.50 555.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 555.67 Td (46.47) Tj ET Q BT /F1 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 459.00 193.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 242.00 459.00 52.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 294.00 459.00 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 298.00 459.00 59.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 357.00 459.00 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 361.00 459.00 74.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 435.00 459.00 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.00 459.00 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.00 459.00 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.00 459.00 59.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49 510 m 242 510 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 242 510 m 294 510 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294 510 m 298 510 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 298 510 m 357 510 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357 510 m 361 510 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 361 510 m 435 510 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435 510 m 439 510 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 510 m 499 510 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499 510 m 503 510 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 510 m 562 510 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49 510 m 242 510 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 242 510 m 294 510 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 242 473 m 294 473 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294 510 m 298 510 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294 473 m 298 473 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 298 510 m 357 510 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 298 473 m 357 473 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357 510 m 361 510 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357 473 m 361 473 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 361 510 m 435 510 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 361 473 m 435 473 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435 473 m 439 473 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 473 m 499 473 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499 510 m 503 510 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499 473 m 503 473 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 510 m 562 510 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 473 m 562 473 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 242 445 m 294 445 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 242 432 m 294 432 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 242 430 m 294 430 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 298 445 m 357 445 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 298 432 m 357 432 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 298 430 m 357 430 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 361 445 m 435 445 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 361 432 m 435 432 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 361 430 m 435 430 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 445 m 499 445 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 432 m 499 432 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 430 m 499 430 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 445 m 562 445 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 432 m 562 432 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 430 m 562 430 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 164.65 514.23 Td (Cash Stock ) Tj ET Q q 0 0 0 rg BT 204.88 514.23 Td (Appr) Tj ET Q q 0 0 0 rg BT 222.82 514.23 Td (eciation Rights Outstanding) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 457.60 522.23 Td (Cash Stock ) Tj ET Q q 0 0 0 rg BT 497.61 522.23 Td (Appr) Tj ET Q q 0 0 0 rg BT 515.69 522.23 Td (eciation) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 468.15 514.23 Td (Rights Exer) Tj ET Q q 0 0 0 rg BT 508.67 514.23 Td (cisable) Tj ET Q BT /F2 8.00 Tf ET 0 0 0 RG /GS0 gs 0.76 w 0 i [] 0 d 1 J 1 j 3 M 51.5 475.980078125 m 135.546875 475.980078125 l s q 0 0 0 rg BT 51.50 477.23 Td (Range of Exer) Tj ET Q q 0 0 0 rg BT 100.23 477.23 Td (cise Prices) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 249.00 485.23 Td (Number) Tj ET Q q 0 0 0 rg BT 277.30 485.23 Td ( of) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 256.00 477.23 Td (Shar) Tj ET Q q 0 0 0 rg BT 272.30 477.23 Td (es) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 309.40 493.23 Td (W) Tj ET Q q 0 0 0 rg BT 316.96 493.23 Td (eighted-) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 313.05 485.23 Td (A) Tj ET Q q 0 0 0 rg BT 318.23 485.23 Td (verage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 302.75 477.23 Td (Exer) Tj ET Q q 0 0 0 rg BT 319.04 477.23 Td (cise Price) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 366.00 501.23 Td (W) Tj ET Q q 0 0 0 rg BT 373.56 501.23 Td (eighted-A) Tj ET Q q 0 0 0 rg BT 406.29 501.23 Td (verage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 378.80 493.23 Td (Remaining) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 376.80 485.23 Td (Contractual) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 375.05 477.23 Td (T) Tj ET Q q 0 0 0 rg BT 379.65 477.23 Td (erm \(Y) Tj ET Q q 0 0 0 rg BT 402.97 477.23 Td (ears\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 450.00 485.23 Td (Number) Tj ET Q q 0 0 0 rg BT 478.30 485.23 Td ( of) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 457.00 477.23 Td (Shar) Tj ET Q q 0 0 0 rg BT 473.30 477.23 Td (es) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 514.40 501.23 Td (W) Tj ET Q q 0 0 0 rg BT 521.96 501.23 Td (eighted-) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 518.05 493.23 Td (A) Tj ET Q q 0 0 0 rg BT 523.23 493.23 Td (verage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 517.60 485.23 Td (Exer) Tj ET Q q 0 0 0 rg BT 533.89 485.23 Td (cise) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 523.10 477.23 Td (Price) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 51.50 463.23 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 245.80 463.23 Td (in thousands) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 446.80 463.23 Td (in thousands) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 449.57 Td ($36.73 - $70.12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 280.15 449.57 Td (61) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.50 449.57 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 330.65 449.57 Td (36.73) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.00 449.57 Td (0.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.15 449.57 Td (38) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.50 449.57 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 449.57 Td (36.73) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 435.57 Td (T) Tj ET Q q 0 0 0 rg BT 62.91 435.57 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 280.15 435.57 Td (61) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.50 435.57 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 330.65 435.57 Td (36.73) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.00 435.57 Td (0.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.15 435.57 Td (38) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.50 435.57 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 435.57 Td (36.73) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 73.50 389.50 Td (Restricted Stock, Restricted Stock Units and Performance Restricted Stock Units.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.49 389.50 Td () Tj ET Q q 0 0 0 rg BT 431.31 389.50 Td (The following table summarizes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 377.50 Td (restricted stock, restricted stock unit and performance restricted stock unit activity:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 325.00 346.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.00 325.00 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 467.00 325.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 471.00 325.00 92.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 295.00 346.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.00 295.00 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 467.00 295.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 471.00 295.00 92.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 265.00 346.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.00 265.00 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 467.00 265.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 471.00 265.00 92.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 235.00 346.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.00 235.00 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 467.00 235.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 471.00 235.00 92.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 205.00 346.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.00 205.00 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 467.00 205.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 471.00 205.00 92.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 175.00 346.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.00 175.00 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 467.00 175.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 471.00 175.00 92.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 145.00 346.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.00 145.00 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 467.00 145.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 471.00 145.00 92.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396 338 m 467 338 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 471 338 m 563 338 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396 265 m 467 265 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396 205 m 467 205 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396 145 m 467 145 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396 131 m 467 131 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396 129 m 467 129 l s BT /F2 8.00 Tf ET 0 0 0 RG /GS0 gs 0.76 w 0 i [] 0 d 1 J 1 j 3 M 52.5 340.980078125 m 328.890625 340.980078125 l s q 0 0 0 rg BT 52.50 342.23 Td (Restricted Stock, Restricted Stock Units and Performance Restricted Stock Units) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 412.50 350.23 Td (Number) Tj ET Q q 0 0 0 rg BT 440.80 350.23 Td ( of) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 419.50 342.23 Td (Shar) Tj ET Q q 0 0 0 rg BT 435.80 342.23 Td (es) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 485.00 358.23 Td (W) Tj ET Q q 0 0 0 rg BT 492.56 358.23 Td (eighted-A) Tj ET Q q 0 0 0 rg BT 525.29 358.23 Td (verage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 488.80 350.23 Td (Grant Date Fair) Tj ET Q q 0 0 0 rg BT 544.19 350.23 Td ( ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 489.00 342.23 Td (V) Tj ET Q q 0 0 0 rg BT 494.04 342.23 Td (alue Per) Tj ET Q q 0 0 0 rg BT 522.11 342.23 Td ( Shar) Tj ET Q q 0 0 0 rg BT 540.41 342.23 Td (e) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 329.23 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 409.30 329.23 Td (in thousands) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 314.67 Td (Nonvested at January 2, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 314.67 Td (1,208) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.50 314.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 314.67 Td (53.87) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 299.67 Td (Granted) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.15 299.67 Td (588) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 299.67 Td (27.94) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 284.67 Td (V) Tj ET Q q 0 0 0 rg BT 59.17 284.67 Td (ested) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.80 284.72 Td (\(327) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.15 284.67 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 284.67 Td (64.51) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 269.67 Td (Forfeited) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.80 269.72 Td (\(64) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.15 269.67 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 269.67 Td (56.29) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 254.67 Td (Nonvested at December 31, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 254.67 Td (1,405) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.50 254.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 254.67 Td (40.41) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 239.67 Td (Granted) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 239.67 Td (2,381) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 239.67 Td (14.81) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 224.67 Td (V) Tj ET Q q 0 0 0 rg BT 59.17 224.67 Td (ested) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.80 224.72 Td (\(479) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.15 224.67 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 224.67 Td (44.79) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 209.67 Td (Forfeited) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.80 209.72 Td (\(326) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.15 209.67 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 209.67 Td (25.62) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 194.67 Td (Nonvested at December 30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 194.67 Td (2,981) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.50 194.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 194.67 Td (20.84) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 179.67 Td (Granted) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 179.67 Td (1,456) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 179.67 Td (14.35) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 164.67 Td (V) Tj ET Q q 0 0 0 rg BT 59.17 164.67 Td (ested) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.30 164.72 Td (\(1,040) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.15 164.67 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 164.67 Td (25.21) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 149.67 Td (Forfeited) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.80 149.72 Td (\(386) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.15 149.67 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 149.67 Td (19.87) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 134.67 Td (Nonvested at December 29, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 134.67 Td (3,01) Tj ET Q q 0 0 0 rg BT 458.15 134.67 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.50 134.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 134.67 Td (17.86) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 109.50 Td (The total fair value of shares/units vested during fiscal years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.31 109.50 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.31 109.50 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.31 109.50 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.31 109.50 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.75 109.50 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.75 109.50 Td ( was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.30 109.50 Td ($16.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.19 109.50 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.19 109.50 Td ($6.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.08 109.50 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 97.50 Td ($12.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.39 97.50 Td (, respectively) Tj ET Q q 0 0 0 rg BT 156.05 97.50 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 73.50 76.50 Td (Other) Tj ET Q q 0 0 0 rg BT 98.87 76.50 Td ( Retir) Tj ET Q q 0 0 0 rg BT 123.39 76.50 Td (ement Plans. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 180.33 76.50 Td (The Company maintains a defined benefit plan for its employees located in Switzerland. ) Tj ET Q q 0 0 0 rg BT 536.16 76.50 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 64.50 Td (plan is funded through payments to an insurance company) Tj ET Q q 0 0 0 rg BT 282.13 64.50 Td (. ) Tj ET Q q 0 0 0 rg BT 286.95 64.50 Td (The payments are determined by periodic actuarial calculations. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 52.50 Td (During fiscal years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.08 52.50 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 148.08 52.50 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 153.08 52.50 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 173.08 52.50 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 192.52 52.50 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 212.52 52.50 Td (, the Company recorded pension expenses of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.14 52.50 Td ($0.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.03 52.50 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.03 52.50 Td ($1.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.92 52.50 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.36 52.50 Td ($2.2 ) Tj ET Q endstream endobj 163 0 obj <>] /Rotate 0 /Contents 164 0 R>> endobj 164 0 obj <> stream BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.39 w 0 i [] 0 d 1 J 1 j 3 M 50 772.93359375 m 106.76171875 772.93359375 l s q 0 0 1 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 1 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET q 0 0 0 rg BT 256.70 754.00 Td (FOSSIL) Tj ET Q q 0 0 0 rg BT 291.72 754.00 Td ( GROUP) Tj ET Q q 0 0 0 rg BT 329.41 754.00 Td (,INC.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 148.20 734.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 184.42 734.00 Td (T) Tj ET Q q 0 0 0 rg BT 190.91 734.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 261.01 734.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 340.19 734.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 354.18 734.00 Td (A) Tj ET Q q 0 0 0 rg BT 360.66 734.00 Td (TEMENTS \(Continued\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (78) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 690.60 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.39 690.60 Td (, respectively) Tj ET Q q 0 0 0 rg BT 131.05 690.60 Td (, related to this plan. ) Tj ET Q q 0 0 0 rg BT 215.02 690.60 Td (The liability for the Company's defined benefit plan was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.15 690.60 Td ($9.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.04 690.60 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 511.48 690.60 Td ($12.5 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 678.60 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.39 678.60 Td ( at the end of fiscal years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 180.85 678.60 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.85 678.60 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 220.29 678.60 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 240.29 678.60 Td (, respectively) Tj ET Q q 0 0 0 rg BT 292.95 678.60 Td (. ) Tj ET Q q 0 0 0 rg BT 297.77 678.60 Td (This liability is recorded in other long-term liabilities on the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 666.60 Td (Company's consolidated balance sheets.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 645.60 Td (Under French law) Tj ET Q q 0 0 0 rg BT 145.05 645.60 Td (, the Company is required to maintain a defined benefit plan for its employees located in France, which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 633.60 Td (is referred to as a "retirement indemnity) Tj ET Q q 0 0 0 rg BT 208.43 633.60 Td (." ) Tj ET Q q 0 0 0 rg BT 217.33 633.60 Td (The amount of the retirement indemnity is based on the employee's last salary and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 621.60 Td (duration of employment with the Company) Tj ET Q q 0 0 0 rg BT 221.88 621.60 Td (. ) Tj ET Q q 0 0 0 rg BT 226.70 621.60 Td (The employee's right to receive the retirement indemnity is subject to the employee ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 609.60 Td (remaining with the Company until retirement. During fiscal years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.43 609.60 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.43 609.60 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.43 609.60 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.43 609.60 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.87 609.60 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.87 609.60 Td (, the Company recorded pension gains ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 597.60 Td (\(expenses\) of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 105.59 597.60 Td ($0.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.48 597.60 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.48 597.60 Td ($0.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 208.37 597.60 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 227.81 597.60 Td ($\(0.2\) million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 283.36 597.60 Td (, respectively) Tj ET Q q 0 0 0 rg BT 336.02 597.60 Td (, for its retirement indemnity obligations. ) Tj ET Q q 0 0 0 rg BT 503.04 597.60 Td (The liability ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 585.60 Td (for the Company's retirement indemnity was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 230.15 585.60 Td ($0.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.04 585.60 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.48 585.60 Td ($1.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.37 585.60 Td ( at the end of fiscal years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.83 585.60 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.83 585.60 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.27 585.60 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.27 585.60 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 573.60 Td (respectively) Tj ET Q q 0 0 0 rg BT 97.16 573.60 Td (. ) Tj ET Q q 0 0 0 rg BT 101.98 573.60 Td (This liability is recorded in other long-term liabilities on the Company's consolidated balance sheets.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 544.60 Td (17. Supplemental Cash Flow Information) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 524.60 Td (The following table summarizes supplemental cash flow information \(in thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 501.10 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 501.10 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 501.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 501.10 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 501.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 501.10 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 471.10 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 471.10 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 471.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 471.10 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 471.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 471.10 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 441.10 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 441.10 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 441.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 441.10 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 441.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 441.10 60.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 501.1 m 434.5 501.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 501.1 m 498.5 501.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 501.1 m 562.5 501.1 l s BT /F2 8.00 Tf ET 0 0 0 RG /GS0 gs 0.76 w 0 i [] 0 d 1 J 1 j 3 M 53 504.080078125 m 90.619140625 504.080078125 l s q 0 0 0 rg BT 53.00 505.33 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 74.70 505.33 Td (Y) Tj ET Q q 0 0 0 rg BT 79.59 505.33 Td (ear) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 396.00 505.33 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 460.00 505.33 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 524.00 505.33 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 490.77 Td (Cash paid during the year for:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 490.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.00 490.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.00 490.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 475.77 Td (Interest) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.00 475.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.15 475.77 Td (38,855) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.00 475.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 475.77 Td (43,245) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.00 475.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 475.77 Td (26,867) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 460.77 Td (Income taxes, net of refunds) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.00 460.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.15 460.77 Td (28,460) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.00 460.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 460.77 Td (36,571) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.00 460.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 460.77 Td (14,163) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 445.77 Td (Supplemental disclosures of non-cash investing and financing activities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 445.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.00 445.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.00 445.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 430.77 Td (Additions to property) Tj ET Q q 0 0 0 rg BT 144.78 430.77 Td (, plant and equipment included in accounts payable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.00 430.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 430.77 Td (3,868) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.00 430.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.15 430.77 Td (2,300) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.00 430.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 430.77 Td (4,762) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 415.77 Td (Additions to property) Tj ET Q q 0 0 0 rg BT 144.45 415.77 Td (, plant and equipment acquired under capital leases) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.00 415.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.65 415.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.00 415.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 415.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.00 415.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 415.77 Td (432) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 387.60 Td (18. Supplemental Disclosur) Tj ET Q q 0 0 0 rg BT 166.22 387.60 Td (e for) Tj ET Q q 0 0 0 rg BT 185.75 387.60 Td ( ) Tj ET Q q 0 0 0 rg BT 187.70 387.60 Td (Accumulated Other) Tj ET Q q 0 0 0 rg BT 272.22 387.60 Td ( Compr) Tj ET Q q 0 0 0 rg BT 305.09 387.60 Td (ehensive Income \(Loss\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 366.60 Td (The following table illustrates changes in the balances of each component of accumulated other comprehensive income ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 354.60 Td (\(loss\), net of taxes \(in thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 288.10 223.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 273.50 288.10 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 324.50 288.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 328.50 288.10 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 399.50 288.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 403.50 288.10 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 454.50 288.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.50 288.10 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 248.10 223.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 273.50 248.10 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 324.50 248.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 328.50 248.10 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 399.50 248.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 403.50 248.10 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 454.50 248.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.50 248.10 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 208.10 223.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 273.50 208.10 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 324.50 208.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 328.50 208.10 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 399.50 208.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 403.50 208.10 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 454.50 208.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.50 208.10 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 178.10 223.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 273.50 178.10 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 324.50 178.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 328.50 178.10 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 399.50 178.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 403.50 178.10 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 454.50 178.10 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.50 178.10 51.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 273.5 330.1 m 324.5 330.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 330.1 m 328.5 330.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 328.5 330.1 m 399.5 330.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399.5 330.1 m 403.5 330.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 330.1 m 454.5 330.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 330.1 m 458.5 330.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458.5 330.1 m 509.5 330.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 328.5 330.1 m 399.5 330.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 328.5 317.1 m 399.5 317.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 273.5 288.1 m 324.5 288.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 273.5 273.1 m 324.5 273.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 328.5 288.1 m 399.5 288.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 328.5 273.1 m 399.5 273.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 288.1 m 454.5 288.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 273.1 m 454.5 273.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458.5 288.1 m 509.5 288.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458.5 273.1 m 509.5 273.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458.5 273.1 m 509.5 273.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 273.5 193.10000000000002 m 324.5 193.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 273.5 178.10000000000002 m 324.5 178.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 328.5 193.10000000000002 m 399.5 193.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 328.5 178.10000000000002 m 399.5 178.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 193.10000000000002 m 454.5 193.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 178.10000000000002 m 454.5 178.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458.5 193.10000000000002 m 509.5 193.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458.5 178.10000000000002 m 509.5 178.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 273.5 178.10000000000002 m 324.5 178.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 273.5 163.10000000000002 m 324.5 163.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 328.5 178.10000000000002 m 399.5 178.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 328.5 163.10000000000002 m 399.5 163.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 178.10000000000002 m 454.5 178.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 163.10000000000002 m 454.5 163.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458.5 178.10000000000002 m 509.5 178.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458.5 163.10000000000002 m 509.5 163.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 273.5 163.10000000000002 m 324.5 163.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 273.5 149.10000000000002 m 324.5 149.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 273.5 147.10000000000002 m 324.5 147.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 328.5 163.10000000000002 m 399.5 163.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 328.5 149.10000000000002 m 399.5 149.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 328.5 147.10000000000002 m 399.5 147.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 163.10000000000002 m 454.5 163.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 149.10000000000002 m 454.5 149.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 147.10000000000002 m 454.5 147.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458.5 149.10000000000002 m 509.5 149.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458.5 147.10000000000002 m 509.5 147.10000000000002 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 334.78 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 358.75 334.33 Td (December) Tj ET Q q 0 0 0 rg BT 393.32 334.33 Td ( 29, 2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 321.33 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 276.00 321.33 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 331.90 321.33 Td (Cash Flow Hedges) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 292.33 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 282.10 308.33 Td (Curr) Tj ET Q q 0 0 0 rg BT 299.28 308.33 Td (ency) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 278.75 300.33 Td (T) Tj ET Q q 0 0 0 rg BT 283.49 300.33 Td (ranslation) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 276.70 292.33 Td (Adjustments) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 348.35 300.33 Td (Forward) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 346.60 292.33 Td (Contracts) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 415.15 300.33 Td (Pension) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 420.70 292.33 Td (Plan) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 474.75 292.33 Td (T) Tj ET Q q 0 0 0 rg BT 479.35 292.33 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 277.77 Td (Beginning balance) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 276.00 277.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.80 277.82 Td (\(64,499) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.65 277.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.00 277.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.80 277.82 Td (\(10,098) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.65 277.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.00 277.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.80 277.82 Td (\(1,672) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.65 277.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.00 277.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.80 277.82 Td (\(76,269) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.65 277.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 262.77 Td (Other comprehensive income \(loss\) before) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 252.77 Td (reclassifications) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.80 252.82 Td (\(10,369) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.65 252.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.15 252.77 Td (18,044) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.15 252.77 Td (3,757) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.15 252.77 Td (1) Tj ET Q q 0 0 0 rg BT 483.15 252.77 Td (1,432) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 237.77 Td (T) Tj ET Q q 0 0 0 rg BT 64.76 237.77 Td (ax \(expense\) benefit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.65 237.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.65 237.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.30 237.82 Td (\(490) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.65 237.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.30 237.82 Td (\(490) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.65 237.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 222.77 Td (Amounts reclassed from accumulated other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 212.77 Td (comprehensive income \(loss\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.65 212.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.80 212.82 Td (\(4,283) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.65 212.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 212.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.80 212.82 Td (\(4,283) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.65 212.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 197.77 Td (T) Tj ET Q q 0 0 0 rg BT 64.41 197.77 Td (ax \(expense\) benefit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.65 197.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.15 197.77 Td (1,654) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 197.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.15 197.77 Td (1,654) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 182.77 Td (T) Tj ET Q q 0 0 0 rg BT 58.76 182.77 Td (otal other comprehensive income \(loss\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.80 182.82 Td (\(10,369) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.65 182.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.15 182.77 Td (20,673) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.15 182.77 Td (3,267) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.15 182.77 Td (13,571) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 167.77 Td (Adoption of ) Tj ET Q q 0 0 0 rg BT 103.83 167.77 Td (ASU 2018-02 \(Note 1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.65 167.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.80 167.82 Td (\(1,993) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.65 167.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 167.77 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.80 167.82 Td (\(1,993) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.65 167.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 152.77 Td (Ending balance) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 276.00 152.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.80 152.82 Td (\(74,868) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.65 152.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.00 152.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.15 152.77 Td (8,582) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.00 152.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.15 152.77 Td (1,595) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.00 152.77 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.80 152.82 Td (\(64,691) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.65 152.77 Td (\)) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 165 0 obj <>] /Rotate 0 /Contents 166 0 R>> endobj 166 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (79) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 693.50 226.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 276.50 693.50 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 693.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 334.50 693.50 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 388.50 693.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 693.50 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.50 693.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.50 693.50 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.50 693.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.50 693.50 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 653.50 226.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 276.50 653.50 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 653.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 334.50 653.50 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 388.50 653.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 653.50 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.50 653.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.50 653.50 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.50 653.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.50 653.50 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 613.50 226.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 276.50 613.50 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 613.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 334.50 613.50 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 388.50 613.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 613.50 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.50 613.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.50 613.50 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.50 613.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.50 613.50 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 583.50 226.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 276.50 583.50 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 583.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 334.50 583.50 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 388.50 583.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 583.50 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.50 583.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.50 583.50 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.50 583.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.50 583.50 54.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 735.5 m 330.5 735.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 735.5 m 334.5 735.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.5 735.5 m 388.5 735.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388.5 735.5 m 392.5 735.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 735.5 m 446.5 735.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 735.5 m 450.5 735.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 735.5 m 504.5 735.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504.5 735.5 m 508.5 735.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508.5 735.5 m 562.5 735.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.5 735.5 m 388.5 735.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.5 722.5 m 388.5 722.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388.5 735.5 m 392.5 735.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388.5 722.5 m 392.5 722.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 735.5 m 446.5 735.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 722.5 m 446.5 722.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 735.5 m 504.5 735.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.5 722.5 m 388.5 722.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.5 693.5 m 388.5 693.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 722.5 m 446.5 722.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 693.5 m 446.5 693.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 693.5 m 504.5 693.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 693.5 m 330.5 693.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 678.5 m 330.5 678.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.5 693.5 m 388.5 693.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.5 678.5 m 388.5 678.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 693.5 m 446.5 693.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 678.5 m 446.5 678.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 693.5 m 504.5 693.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 678.5 m 504.5 678.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508.5 693.5 m 562.5 693.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508.5 678.5 m 562.5 678.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508.5 678.5 m 562.5 678.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508.5 598.5 m 562.5 598.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 598.5 m 330.5 598.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 583.5 m 330.5 583.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.5 598.5 m 388.5 598.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.5 583.5 m 388.5 583.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 598.5 m 446.5 598.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 583.5 m 446.5 583.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 598.5 m 504.5 598.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 583.5 m 504.5 583.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508.5 598.5 m 562.5 598.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508.5 583.5 m 562.5 583.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 583.5 m 330.5 583.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 569.5 m 330.5 569.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 567.5 m 330.5 567.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.5 583.5 m 388.5 583.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.5 569.5 m 388.5 569.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.5 567.5 m 388.5 567.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 583.5 m 446.5 583.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 569.5 m 446.5 569.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 567.5 m 446.5 567.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 583.5 m 504.5 583.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 569.5 m 504.5 569.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 567.5 m 504.5 567.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508.5 569.5 m 562.5 569.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508.5 567.5 m 562.5 567.5 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 386.75 739.73 Td (December) Tj ET Q q 0 0 0 rg BT 421.32 739.73 Td ( 30, 2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 358.40 726.73 Td (Cash Flow Hedges) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 286.60 713.73 Td (Curr) Tj ET Q q 0 0 0 rg BT 303.78 713.73 Td (ency) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 283.25 705.73 Td (T) Tj ET Q q 0 0 0 rg BT 287.99 705.73 Td (ranslation) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 281.20 697.73 Td (Adjustments) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 345.85 705.73 Td (Forward) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 344.10 697.73 Td (Contracts) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 405.70 705.73 Td (Inter) Tj ET Q q 0 0 0 rg BT 422.88 705.73 Td (est) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 399.10 697.73 Td (Rate Swaps) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 463.65 705.73 Td (Pension) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 469.20 697.73 Td (Plan) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 526.25 697.73 Td (T) Tj ET Q q 0 0 0 rg BT 530.85 697.73 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 683.17 Td (Beginning balance) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.00 683.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.80 683.22 Td (\(101,867) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.65 683.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.00 683.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.15 683.17 Td (10,693) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.00 683.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.30 683.22 Td (\(343) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.65 683.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.00 683.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.80 683.22 Td (\(3,907) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.65 683.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 511.00 683.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 683.22 Td (\(95,424) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 683.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 668.17 Td (Other comprehensive income \(loss\) before) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 658.17 Td (reclassifications) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.15 658.17 Td (37,368) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.80 658.22 Td (\(34,873) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.65 658.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.65 658.17 Td (437) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.15 658.17 Td (2,677) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 658.17 Td (5,609) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 643.17 Td (T) Tj ET Q q 0 0 0 rg BT 64.76 643.17 Td (ax \(expense\) benefit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 316.65 643.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.15 643.17 Td (9,785) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.30 643.22 Td (\(159) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.65 643.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.30 643.22 Td (\(442) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.65 643.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 643.17 Td (9,184) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 628.17 Td (Amounts reclassed from accumulated other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 618.17 Td (comprehensive income \(loss\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 316.65 618.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.80 618.22 Td (\(1,076) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.65 618.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.30 618.22 Td (\(214) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.65 618.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.65 618.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 618.22 Td (\(1,290) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 618.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 603.17 Td (T) Tj ET Q q 0 0 0 rg BT 64.41 603.17 Td (ax \(expense\) benefit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 316.65 603.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.80 603.22 Td (\(3,221) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.65 603.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.65 603.17 Td (149) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.65 603.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 603.22 Td (\(3,072) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 603.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 588.17 Td (T) Tj ET Q q 0 0 0 rg BT 58.76 588.17 Td (otal other comprehensive income \(loss\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.15 588.17 Td (37,368) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.80 588.22 Td (\(20,791) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.65 588.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.65 588.17 Td (343) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.15 588.17 Td (2,235) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 588.17 Td (19,155) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 573.17 Td (Ending balance) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.00 573.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.80 573.22 Td (\(64,499) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.65 573.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.00 573.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.80 573.22 Td (\(10,098) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.65 573.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.00 573.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.65 573.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.00 573.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.80 573.22 Td (\(1,672) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.65 573.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 511.00 573.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 573.22 Td (\(76,269) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 573.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 494.50 224.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 274.50 494.50 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 494.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 334.50 494.50 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 383.50 494.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.50 494.50 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 445.50 494.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.50 494.50 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 494.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 494.50 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 456.50 224.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 274.50 456.50 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 456.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 334.50 456.50 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 383.50 456.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.50 456.50 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 445.50 456.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.50 456.50 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 456.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 456.50 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 419.50 224.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 274.50 419.50 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 419.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 334.50 419.50 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 383.50 419.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.50 419.50 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 445.50 419.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.50 419.50 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 419.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 419.50 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 389.50 224.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 274.50 389.50 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 389.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 334.50 389.50 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 383.50 389.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.50 389.50 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 445.50 389.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.50 389.50 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 389.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 389.50 49.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 274.5 536.5 m 330.5 536.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 536.5 m 334.5 536.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.5 536.5 m 383.5 536.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 383.5 536.5 m 387.5 536.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 387.5 536.5 m 445.5 536.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 445.5 536.5 m 449.5 536.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449.5 536.5 m 498.5 536.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 536.5 m 502.5 536.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 536.5 m 551.5 536.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.5 536.5 m 383.5 536.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.5 523.5 m 383.5 523.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 383.5 536.5 m 387.5 536.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 383.5 523.5 m 387.5 523.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 387.5 536.5 m 445.5 536.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 387.5 523.5 m 445.5 523.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449.5 536.5 m 498.5 536.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.5 523.5 m 383.5 523.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.5 494.5 m 383.5 494.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 387.5 523.5 m 445.5 523.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 387.5 494.5 m 445.5 494.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449.5 494.5 m 498.5 494.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 274.5 494.5 m 330.5 494.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 274.5 479.5 m 330.5 479.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.5 494.5 m 383.5 494.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.5 479.5 m 383.5 479.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 387.5 494.5 m 445.5 494.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 387.5 479.5 m 445.5 479.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449.5 494.5 m 498.5 494.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449.5 479.5 m 498.5 479.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 494.5 m 551.5 494.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 479.5 m 551.5 479.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 479.5 m 551.5 479.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 404.5 m 551.5 404.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 274.5 404.5 m 330.5 404.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 274.5 389.5 m 330.5 389.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.5 404.5 m 383.5 404.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.5 389.5 m 383.5 389.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 387.5 404.5 m 445.5 404.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 387.5 389.5 m 445.5 389.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449.5 404.5 m 498.5 404.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449.5 389.5 m 498.5 389.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 404.5 m 551.5 404.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 389.5 m 551.5 389.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 274.5 389.5 m 330.5 389.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 274.5 375.5 m 330.5 375.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 274.5 373.5 m 330.5 373.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.5 389.5 m 383.5 389.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.5 375.5 m 383.5 375.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.5 373.5 m 383.5 373.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 387.5 389.5 m 445.5 389.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 387.5 375.5 m 445.5 375.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 387.5 373.5 m 445.5 373.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449.5 389.5 m 498.5 389.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449.5 375.5 m 498.5 375.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449.5 373.5 m 498.5 373.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 375.5 m 551.5 375.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 373.5 m 551.5 373.5 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 540.23 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 380.25 540.73 Td (December) Tj ET Q q 0 0 0 rg BT 414.82 540.73 Td ( 31, 2016) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 357.90 527.73 Td (Cash Flow Hedges) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 285.60 514.73 Td (Curr) Tj ET Q q 0 0 0 rg BT 302.78 514.73 Td (ency) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 282.25 506.73 Td (T) Tj ET Q q 0 0 0 rg BT 286.99 506.73 Td (ranslation) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 280.20 498.73 Td (Adjustments) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 343.35 506.73 Td (Forward) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 341.60 498.73 Td (Contracts) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 402.70 506.73 Td (Inter) Tj ET Q q 0 0 0 rg BT 419.88 506.73 Td (est) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 396.10 498.73 Td (Rate Swaps) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 460.15 506.73 Td (Pension) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 465.70 498.73 Td (Plan) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 517.75 498.73 Td (T) Tj ET Q q 0 0 0 rg BT 522.35 498.73 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 484.17 Td (Beginning balance) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.00 484.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.80 484.22 Td (\(81,707) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.65 484.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.00 484.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.15 484.17 Td (8,1) Tj ET Q q 0 0 0 rg BT 369.65 484.17 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.00 484.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.30 484.22 Td (\(693) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.65 484.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.00 484.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.80 484.22 Td (\(6,220) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.65 484.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.00 484.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.80 484.22 Td (\(80,506) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 484.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 470.07 Td (Other comprehensive income \(loss\) before) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 460.07 Td (reclassifications) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.80 461.22 Td (\(19,773) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.65 461.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.15 461.17 Td (22,638) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.80 461.22 Td (\(1,149) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.65 461.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.15 461.17 Td (2,650) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.15 461.17 Td (4,366) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 446.17 Td (T) Tj ET Q q 0 0 0 rg BT 64.76 446.17 Td (ax \(expense\) benefit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.30 446.22 Td (\(283) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.65 446.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.80 446.22 Td (\(9,073) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.65 446.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.65 446.17 Td (419) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.30 446.22 Td (\(337) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.65 446.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.80 446.22 Td (\(9,274) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 446.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 432.07 Td (Amounts reclassed from accumulated other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 422.12 Td (comprehensive income \(loss\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.65 424.17 Td (104) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.15 424.17 Td (16,143) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.80 424.22 Td (\(1,699) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.65 424.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 424.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.15 424.17 Td (14,548) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 409.17 Td (T) Tj ET Q q 0 0 0 rg BT 64.41 409.17 Td (ax \(expense\) benefit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 316.65 409.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.80 409.22 Td (\(5,157) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.65 409.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.65 409.17 Td (619) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 409.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.80 409.22 Td (\(4,538) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 409.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 394.17 Td (T) Tj ET Q q 0 0 0 rg BT 58.76 394.17 Td (otal other comprehensive income \(loss\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.80 394.22 Td (\(20,160) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.65 394.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.15 394.17 Td (2,579) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.65 394.17 Td (350) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.15 394.17 Td (2,313) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.80 394.22 Td (\(14,918) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 394.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 379.17 Td (Ending balance) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.00 379.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.80 379.22 Td (\(101,867) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.65 379.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.00 379.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.15 379.17 Td (10,693) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.00 379.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.30 379.22 Td (\(343) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.65 379.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.00 379.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.80 379.22 Td (\(3,907) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.65 379.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.00 379.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.80 379.22 Td (\(95,424) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 379.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 333.00 Td (19. Major) Tj ET Q q 0 0 0 rg BT 92.03 333.00 Td ( Customer) Tj ET Q q 0 0 0 rg BT 135.82 333.00 Td (, Segment and Geographic Information) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 312.00 Td (Major) Tj ET Q q 0 0 0 rg BT 77.03 312.00 Td ( Customer) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 291.00 Td (Wholesale customers of the Company consist principally of major department stores and specialty retail stores located ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 279.00 Td (throughout the world. No individual customer accounts for 10% or more of the Company's net sales.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 258.00 Td (Segment Information) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 237.00 Td (The Company reports segment information based on the "management approach". ) Tj ET Q q 0 0 0 rg BT 403.44 237.00 Td (The management approach designates ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 225.00 Td (the internal reporting used by management for making decisions and assessing performance as the source of the Company's ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 213.00 Td (reportable segments.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 192.00 Td (The Company manages its business primarily on a geographic basis. ) Tj ET Q q 0 0 0 rg BT 348.65 192.00 Td (The Company's reportable operating segments are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 180.00 Td (comprised of \(i\) ) Tj ET Q q 0 0 0 rg BT 116.37 180.00 Td (Americas, \(ii\) Europe and \(iii\) ) Tj ET Q q 0 0 0 rg BT 239.66 180.00 Td (Asia. Each reportable operating segment includes sales to wholesale and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 168.00 Td (distributor customers, and sales through Company-owned retail stores and e-commerce activities based on the location of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 156.00 Td (selling entity) Tj ET Q q 0 0 0 rg BT 101.29 156.00 Td (. ) Tj ET Q q 0 0 0 rg BT 106.11 156.00 Td (The ) Tj ET Q q 0 0 0 rg BT 123.60 156.00 Td (Americas segment primarily includes sales to customers based in Canada, Latin ) Tj ET Q q 0 0 0 rg BT 444.63 156.00 Td (America and the United ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 144.00 Td (States. ) Tj ET Q q 0 0 0 rg BT 78.71 144.00 Td (The Europe segment primarily includes sales to customers based in European countries, the Middle East and ) Tj ET Q q 0 0 0 rg BT 514.98 144.00 Td (Africa. ) Tj ET Q q 0 0 0 rg BT 545.34 144.00 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 132.00 Td (Asia segment primarily includes sales to customers based in ) Tj ET Q q 0 0 0 rg BT 292.45 132.00 Td (Australia, China, India, Indonesia, Japan, Malaysia, New Zealand, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 120.00 Td (Singapore, South Korea, ) Tj ET Q q 0 0 0 rg BT 150.63 120.00 Td (T) Tj ET Q q 0 0 0 rg BT 156.04 120.00 Td (aiwan and ) Tj ET Q q 0 0 0 rg BT 199.18 120.00 Td (Thailand. Each reportable operating segment provides similar products and services.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 99.00 Td (The Company evaluates the performance of its reportable segments based on net sales and operating income \(loss\). Net ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 87.00 Td (sales for geographic segments are based on the location of the selling entity) Tj ET Q q 0 0 0 rg BT 351.48 87.00 Td (. Operating income \(loss\) for each segment includes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 75.00 Td (net sales to third parties, related cost of sales and operating expenses directly attributable to the segment. Corporate includes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 63.00 Td (peripheral revenue generating activities from factories and intellectual property and general corporate expenses, including ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 51.00 Td (certain administrative, legal, accounting, technology support costs, equity compensation costs, payroll costs attributable to ) Tj ET Q endstream endobj 167 0 obj <>] /Rotate 0 /Contents 168 0 R>> endobj 168 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (80) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (executive management, brand management, product development, art, creative/product design, marketing, strategy) Tj ET Q q 0 0 0 rg BT 508.62 742.10 Td (, compliance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (and back of) Tj ET Q q 0 0 0 rg BT 96.46 730.10 Td (fice supply chain expenses that are not allocated to the various segments because they are managed at the corporate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (level internally) Tj ET Q q 0 0 0 rg BT 109.60 718.10 Td (. ) Tj ET Q q 0 0 0 rg BT 114.42 718.10 Td (The Company does not include intercompany transfers between segments for management reporting purposes.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 697.10 Td (Due to changes in the Company) Tj ET Q q 0 0 0 rg BT 203.31 697.10 Td (s reportable segments as discussed in Note 1 to the Consolidated Financial Statements, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 685.10 Td (segment results for fiscal years 2017 and 2016 have been recast to present results on a comparable basis. ) Tj ET Q q 0 0 0 rg BT 470.52 685.10 Td (These changes had no ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 673.10 Td (impact on the consolidated net sales or operating income. Summary information by operating segment was as follows \(in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 661.10 Td (thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 607.60 244.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 294.50 607.60 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 347.50 607.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 607.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.50 607.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 607.60 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.50 607.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 607.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.50 607.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.50 607.60 50.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 50.50 592.60 244.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 577.60 244.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 294.50 577.60 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 347.50 577.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 577.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.50 577.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 577.60 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.50 577.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 577.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.50 577.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.50 577.60 50.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 50.50 562.60 244.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 547.60 244.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 294.50 547.60 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 347.50 547.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 547.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.50 547.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 547.60 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.50 547.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 547.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.50 547.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.50 547.60 50.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 636.6 m 347.5 636.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347.5 636.6 m 351.5 636.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 636.6 m 397.5 636.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397.5 636.6 m 401.5 636.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 636.6 m 457.5 636.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 636.6 m 461.5 636.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 636.6 m 508.5 636.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508.5 636.6 m 512.5 636.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 636.6 m 562.5 636.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 607.6 m 347.5 607.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 636.6 m 397.5 636.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 607.6 m 397.5 607.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 636.6 m 457.5 636.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 607.6 m 457.5 607.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 636.6 m 508.5 636.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 607.6 m 508.5 607.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 636.6 m 562.5 636.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 607.6 m 562.5 607.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 607.6 m 347.5 607.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 607.6 m 397.5 607.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 607.6 m 457.5 607.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 607.6 m 508.5 607.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 607.6 m 562.5 607.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 547.6 m 347.5 547.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 547.6 m 397.5 547.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 547.6 m 457.5 547.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 547.6 m 508.5 547.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 547.6 m 562.5 547.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 547.6 m 347.5 547.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 533.6 m 347.5 533.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 531.6 m 347.5 531.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 547.6 m 397.5 547.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 533.6 m 397.5 533.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 531.6 m 397.5 531.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 547.6 m 457.5 547.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 533.6 m 457.5 533.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 531.6 m 457.5 531.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 547.6 m 508.5 547.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 533.6 m 508.5 533.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 531.6 m 508.5 531.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 547.6 m 562.5 547.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 533.6 m 562.5 533.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 531.6 m 562.5 531.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 400.20 640.83 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 422.05 640.83 Td (Y) Tj ET Q q 0 0 0 rg BT 427.23 640.83 Td (ear) Tj ET Q q 0 0 0 rg BT 437.82 640.83 Td ( 2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 304.80 611.83 Td (Net Sales) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 356.40 627.83 Td (Operating) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 361.30 619.83 Td (Income ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 363.55 611.83 Td (\(Loss\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 407.05 627.83 Td (Depr) Tj ET Q q 0 0 0 rg BT 424.23 627.83 Td (eciation) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 422.55 619.83 Td (and) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 406.10 611.83 Td (Amortization) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 466.05 619.83 Td (Long-term) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 473.80 611.83 Td (Assets) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 516.80 611.83 Td (T) Tj ET Q q 0 0 0 rg BT 521.40 611.83 Td (otal ) Tj ET Q q 0 0 0 rg BT 535.85 611.83 Td (Assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 597.27 Td (Americas) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.00 597.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.60 597.27 Td (1,174,507) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.00 597.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.10 597.27 Td (185,094) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.00 597.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.15 597.27 Td (16,542) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.00 597.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.10 597.27 Td (61,914) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.00 597.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.10 597.27 Td (393,273) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 582.27 Td (Europe) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.10 582.27 Td (856,291) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.10 582.27 Td (129,610) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.15 582.27 Td (18,933) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.10 582.27 Td (99,253) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.10 582.27 Td (353,797) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 567.27 Td (Asia) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.10 567.27 Td (505,473) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.10 567.27 Td (87,515) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.15 567.27 Td (8,016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.10 567.27 Td (29,990) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.10 567.27 Td (173,666) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 552.27 Td (Corporate) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.15 552.27 Td (5,217) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.80 552.32 Td (\(339,508) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.65 552.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.15 552.27 Td (23,588) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.10 552.27 Td (125,472) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.10 552.27 Td (654,462) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 537.27 Td (Consolidated) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.00 537.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.60 537.27 Td (2,541,488) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.00 537.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.10 537.27 Td (62,71) Tj ET Q q 0 0 0 rg BT 388.60 537.27 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.00 537.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.15 537.27 Td (67,079) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.00 537.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.10 537.27 Td (316,629) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.00 537.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.60 537.27 Td (1,575,198) Tj ET Q BT /F1 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 470.60 244.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 294.50 470.60 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 347.50 470.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 470.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.50 470.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 470.60 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.50 470.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 470.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.50 470.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.50 470.60 50.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 50.50 455.60 244.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 440.60 244.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 294.50 440.60 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 347.50 440.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 440.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.50 440.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 440.60 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.50 440.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 440.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.50 440.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.50 440.60 50.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 50.50 425.60 244.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 410.60 244.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 294.50 410.60 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 347.50 410.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 410.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.50 410.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 410.60 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.50 410.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 410.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.50 410.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.50 410.60 50.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 499.6 m 347.5 499.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347.5 499.6 m 351.5 499.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 499.6 m 397.5 499.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397.5 499.6 m 401.5 499.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 499.6 m 457.5 499.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 499.6 m 461.5 499.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 499.6 m 508.5 499.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508.5 499.6 m 512.5 499.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 499.6 m 562.5 499.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 470.6 m 347.5 470.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 499.6 m 397.5 499.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 470.6 m 397.5 470.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 499.6 m 457.5 499.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 470.6 m 457.5 470.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 499.6 m 508.5 499.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 470.6 m 508.5 470.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 499.6 m 562.5 499.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 470.6 m 562.5 470.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 470.6 m 347.5 470.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 470.6 m 397.5 470.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 470.6 m 457.5 470.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 470.6 m 508.5 470.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 470.6 m 562.5 470.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 410.6 m 347.5 410.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 410.6 m 397.5 410.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 410.6 m 457.5 410.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 410.6 m 508.5 410.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 410.6 m 562.5 410.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 410.6 m 347.5 410.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 396.6 m 347.5 396.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 394.6 m 347.5 394.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 410.6 m 397.5 410.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 396.6 m 397.5 396.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 394.6 m 397.5 394.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 410.6 m 457.5 410.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 396.6 m 457.5 396.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 394.6 m 457.5 394.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 410.6 m 508.5 410.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 396.6 m 508.5 396.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 394.6 m 508.5 394.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 410.6 m 562.5 410.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 396.6 m 562.5 396.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 394.6 m 562.5 394.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 400.20 503.83 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 422.05 503.83 Td (Y) Tj ET Q q 0 0 0 rg BT 427.23 503.83 Td (ear) Tj ET Q q 0 0 0 rg BT 437.82 503.83 Td ( 2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 304.80 474.83 Td (Net Sales) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 356.40 490.83 Td (Operating) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 361.30 482.83 Td (Income ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 363.55 474.83 Td (\(Loss\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 407.05 490.83 Td (Depr) Tj ET Q q 0 0 0 rg BT 424.23 490.83 Td (eciation) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 422.55 482.83 Td (and) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 406.10 474.83 Td (Amortization) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 466.05 482.83 Td (Long-term) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 473.80 474.83 Td (Assets) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 516.80 474.83 Td (T) Tj ET Q q 0 0 0 rg BT 521.40 474.83 Td (otal ) Tj ET Q q 0 0 0 rg BT 535.85 474.83 Td (Assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 460.27 Td (Americas) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.00 460.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.60 460.27 Td (1,314,348) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.00 460.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.80 460.32 Td (\(47,836) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.65 460.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.00 460.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.15 460.27 Td (21,214) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.00 460.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.10 460.27 Td (81,444) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.00 460.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.10 460.27 Td (463,175) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 445.27 Td (Europe) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.10 445.27 Td (971,820) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.10 445.27 Td (32,871) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.15 445.27 Td (21,368) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.10 445.27 Td (1) Tj ET Q q 0 0 0 rg BT 477.10 445.27 Td (13,621) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.10 445.27 Td (471,375) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 430.27 Td (Asia) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.10 430.27 Td (496,392) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.80 430.32 Td (\(12,490) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.65 430.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.15 430.27 Td (10,798) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.10 430.27 Td (33,160) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.10 430.27 Td (216,660) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 415.27 Td (Corporate) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.15 415.27 Td (5,603) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.80 415.32 Td (\(396,821) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.65 415.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.15 415.27 Td (28,197) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.10 415.27 Td (139,159) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.10 415.27 Td (507,162) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 400.27 Td (Consolidated) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.00 400.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.60 400.27 Td (2,788,163) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.00 400.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.80 400.32 Td (\(424,276) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.65 400.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.00 400.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.15 400.27 Td (81,577) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.00 400.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.10 400.27 Td (367,384) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.00 400.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.60 400.27 Td (1,658,372) Tj ET Q BT /F1 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 334.60 244.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 294.50 334.60 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 347.50 334.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 334.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.50 334.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 334.60 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.50 334.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 334.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.50 334.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.50 334.60 50.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 50.50 319.60 244.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 304.60 244.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 294.50 304.60 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 347.50 304.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 304.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.50 304.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 304.60 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.50 304.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 304.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.50 304.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.50 304.60 50.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 50.50 289.60 244.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 274.60 244.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 294.50 274.60 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 347.50 274.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 274.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.50 274.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 274.60 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.50 274.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 274.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.50 274.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.50 274.60 50.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 363.6 m 347.5 363.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347.5 363.6 m 351.5 363.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 363.6 m 397.5 363.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397.5 363.6 m 401.5 363.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 363.6 m 457.5 363.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 363.6 m 461.5 363.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 363.6 m 508.5 363.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508.5 363.6 m 512.5 363.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 363.6 m 562.5 363.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 334.6 m 347.5 334.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 363.6 m 397.5 363.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 334.6 m 397.5 334.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 363.6 m 457.5 363.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 334.6 m 457.5 334.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 363.6 m 508.5 363.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 334.6 m 508.5 334.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 363.6 m 562.5 363.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 334.6 m 562.5 334.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 334.6 m 347.5 334.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 334.6 m 397.5 334.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 334.6 m 457.5 334.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 334.6 m 508.5 334.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 334.6 m 562.5 334.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 274.6 m 347.5 274.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 274.6 m 397.5 274.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 274.6 m 457.5 274.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 274.6 m 508.5 274.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 274.6 m 562.5 274.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 274.6 m 347.5 274.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 260.6 m 347.5 260.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 258.6 m 347.5 258.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 274.6 m 397.5 274.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 260.6 m 397.5 260.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 258.6 m 397.5 258.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 274.6 m 457.5 274.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 260.6 m 457.5 260.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 258.6 m 457.5 258.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 274.6 m 508.5 274.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 260.6 m 508.5 260.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 258.6 m 508.5 258.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 274.6 m 562.5 274.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 260.6 m 562.5 260.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 258.6 m 562.5 258.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 400.20 367.83 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 422.05 367.83 Td (Y) Tj ET Q q 0 0 0 rg BT 427.23 367.83 Td (ear) Tj ET Q q 0 0 0 rg BT 437.82 367.83 Td ( 2016) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 304.80 338.83 Td (Net Sales) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 356.40 346.83 Td (Operating) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 361.30 338.83 Td (Income) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 407.05 354.83 Td (Depr) Tj ET Q q 0 0 0 rg BT 424.23 354.83 Td (eciation) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 422.55 346.83 Td (and) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 406.10 338.83 Td (Amortization) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 466.05 346.83 Td (Long-term) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 473.80 338.83 Td (Assets) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 516.80 338.83 Td (T) Tj ET Q q 0 0 0 rg BT 521.40 338.83 Td (otal ) Tj ET Q q 0 0 0 rg BT 535.85 338.83 Td (Assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 324.27 Td (Americas) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.00 324.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.60 324.27 Td (1,523,534) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.00 324.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.10 324.27 Td (239,740) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.00 324.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.15 324.27 Td (22,612) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.00 324.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.10 324.27 Td (313,437) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.00 324.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.10 324.27 Td (741,082) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 309.27 Td (Europe) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.10 309.27 Td (996,790) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.10 309.27 Td (172,505) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.15 309.27 Td (22,505) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.10 309.27 Td (237,801) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.10 309.27 Td (534,413) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 294.27 Td (Asia) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.10 294.27 Td (514,717) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.10 294.27 Td (76,749) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.15 294.27 Td (12,676) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.10 294.27 Td (81,434) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.10 294.27 Td (237,695) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 279.27 Td (Corporate) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.15 279.27 Td (7,330) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.80 279.32 Td (\(361,848) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.65 279.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.15 279.27 Td (33,704) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.10 279.27 Td (206,935) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.10 279.27 Td (673,707) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 264.27 Td (Consolidated) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.00 264.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.60 264.27 Td (3,042,371) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.00 264.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.10 264.27 Td (127,146) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.00 264.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.15 264.27 Td (91,497) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.00 264.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.10 264.27 Td (839,607) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.00 264.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.60 264.27 Td (2,186,897) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 239.10 Td (The following table shows revenue for each class of similar products for fiscal years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.89 239.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.89 239.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.89 239.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.89 239.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.33 239.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.33 239.10 Td ( \(in thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 194.60 180.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 230.50 194.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 282.50 194.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 286.50 194.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 194.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 194.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 194.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.50 194.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.50 194.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 454.50 194.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 194.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 510.50 194.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 164.60 180.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 230.50 164.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 282.50 164.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 286.50 164.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 164.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 164.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 164.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.50 164.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.50 164.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 454.50 164.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 164.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 510.50 164.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 134.60 180.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 230.50 134.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 282.50 134.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 286.50 134.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 134.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 134.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 134.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.50 134.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.50 134.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 454.50 134.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 134.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 510.50 134.60 52.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230.5 215.60000000000002 m 282.5 215.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 215.60000000000002 m 286.5 215.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286.5 215.60000000000002 m 338.5 215.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 215.60000000000002 m 394.5 215.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 215.60000000000002 m 398.5 215.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 215.60000000000002 m 450.5 215.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 215.60000000000002 m 506.5 215.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 215.60000000000002 m 510.5 215.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 215.60000000000002 m 562.5 215.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230.5 194.60000000000002 m 282.5 194.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286.5 215.60000000000002 m 338.5 215.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286.5 194.60000000000002 m 338.5 194.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 194.60000000000002 m 394.5 194.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 215.60000000000002 m 450.5 215.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 194.60000000000002 m 450.5 194.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 194.60000000000002 m 506.5 194.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 215.60000000000002 m 562.5 215.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 194.60000000000002 m 562.5 194.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230.5 194.60000000000002 m 282.5 194.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 194.60000000000002 m 394.5 194.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 194.60000000000002 m 450.5 194.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 194.60000000000002 m 506.5 194.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 194.60000000000002 m 562.5 194.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230.5 134.60000000000002 m 282.5 134.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 134.60000000000002 m 394.5 134.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 134.60000000000002 m 506.5 134.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230.5 134.60000000000002 m 282.5 134.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230.5 120.60000000000002 m 282.5 120.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230.5 118.60000000000002 m 282.5 118.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286.5 134.60000000000002 m 338.5 134.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286.5 120.60000000000002 m 338.5 120.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286.5 118.60000000000002 m 338.5 118.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 134.60000000000002 m 394.5 134.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 120.60000000000002 m 394.5 120.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 118.60000000000002 m 394.5 118.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 134.60000000000002 m 450.5 134.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 120.60000000000002 m 450.5 120.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 118.60000000000002 m 450.5 118.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 134.60000000000002 m 506.5 134.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 120.60000000000002 m 506.5 120.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 118.60000000000002 m 506.5 118.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 134.60000000000002 m 562.5 134.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 120.60000000000002 m 562.5 120.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 118.60000000000002 m 562.5 118.60000000000002 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 256.20 219.83 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 278.05 219.83 Td (Y) Tj ET Q q 0 0 0 rg BT 283.23 219.83 Td (ear) Tj ET Q q 0 0 0 rg BT 293.82 219.83 Td ( 2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 368.20 219.83 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 390.05 219.83 Td (Y) Tj ET Q q 0 0 0 rg BT 395.23 219.83 Td (ear) Tj ET Q q 0 0 0 rg BT 405.82 219.83 Td ( 2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 480.20 219.83 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 502.05 219.83 Td (Y) Tj ET Q q 0 0 0 rg BT 507.23 219.83 Td (ear) Tj ET Q q 0 0 0 rg BT 517.82 219.83 Td ( 2016) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 240.30 198.83 Td (Net Sales) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 293.15 206.83 Td (Per) Tj ET Q q 0 0 0 rg BT 304.99 206.83 Td (centage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 298.95 198.83 Td (of ) Tj ET Q q 0 0 0 rg BT 307.47 198.83 Td (T) Tj ET Q q 0 0 0 rg BT 312.07 198.83 Td (otal) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 352.30 198.83 Td (Net Sales) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 405.15 206.83 Td (Per) Tj ET Q q 0 0 0 rg BT 416.99 206.83 Td (centage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 410.95 198.83 Td (of ) Tj ET Q q 0 0 0 rg BT 419.47 198.83 Td (T) Tj ET Q q 0 0 0 rg BT 424.07 198.83 Td (otal) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 464.30 198.83 Td (Net Sales) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 517.15 206.83 Td (Per) Tj ET Q q 0 0 0 rg BT 528.99 206.83 Td (centage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 522.95 198.83 Td (of ) Tj ET Q q 0 0 0 rg BT 531.47 198.83 Td (T) Tj ET Q q 0 0 0 rg BT 536.07 198.83 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 184.27 Td (W) Tj ET Q q 0 0 0 rg BT 62.04 184.27 Td (atches) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 233.00 184.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 238.60 184.27 Td (2,033,021) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.15 184.27 Td (80.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.65 184.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.00 184.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.60 184.27 Td (2,199,031) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.15 184.27 Td (78.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.65 184.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.00 184.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.60 184.27 Td (2,330,275) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 184.27 Td (76.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 184.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 169.27 Td (Leathers) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 246.10 169.27 Td (289,385) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.15 169.27 Td (1) Tj ET Q q 0 0 0 rg BT 317.15 169.27 Td (1.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.10 169.27 Td (325,502) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.15 169.27 Td (1) Tj ET Q q 0 0 0 rg BT 429.15 169.27 Td (1.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.10 169.27 Td (393,761) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 169.27 Td (12.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 154.27 Td (Jewelry) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 246.10 154.27 Td (167,775) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.15 154.27 Td (6.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.10 154.27 Td (21) Tj ET Q q 0 0 0 rg BT 368.10 154.27 Td (1,694) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.15 154.27 Td (7.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.10 154.27 Td (251,391) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 154.27 Td (8.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 139.27 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.15 139.27 Td (51,307) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.15 139.27 Td (2.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.15 139.27 Td (51,936) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.15 139.27 Td (1.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.15 139.27 Td (66,944) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 139.27 Td (2.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 124.27 Td (T) Tj ET Q q 0 0 0 rg BT 58.41 124.27 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 233.00 124.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 238.60 124.27 Td (2,541,488) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.15 124.27 Td (100.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.65 124.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.00 124.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.60 124.27 Td (2,788,163) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.15 124.27 Td (100.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.65 124.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.00 124.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.60 124.27 Td (3,042,371) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 124.27 Td (100.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 124.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 169 0 obj <>] /Rotate 0 /Contents 170 0 R>> endobj 170 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (81) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Geographic Information) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 721.25 Td (Net sales and long-lived assets related to the Company's operations in the U.S., Europe, ) Tj ET Q q 0 0 0 rg BT 426.29 721.25 Td (Asia and all other international ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 709.25 Td (markets were as follows \(in thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 664.75 364.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 664.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 479.50 664.75 18.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 664.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 634.75 364.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 634.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 479.50 634.75 18.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 634.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 604.75 364.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 604.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 479.50 604.75 18.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 604.75 65.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 685.75 m 479.5 685.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 479.5 685.75 m 497.5 685.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 685.75 m 562.5 685.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 664.75 m 479.5 664.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 685.75 m 562.5 685.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 664.75 m 562.5 664.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 664.75 m 479.5 664.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 664.75 m 562.5 664.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 604.75 m 479.5 604.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 604.75 m 562.5 604.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 604.75 m 479.5 604.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 590.75 m 479.5 590.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 588.75 m 479.5 588.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 604.75 m 562.5 604.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 590.75 m 562.5 590.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 588.75 m 562.5 588.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 460.20 689.98 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 481.90 689.98 Td (Y) Tj ET Q q 0 0 0 rg BT 486.79 689.98 Td (ear) Tj ET Q q 0 0 0 rg BT 497.75 689.98 Td ( 2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 426.80 668.98 Td (Net Sales ) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 460.13 672.61 Td (\(1\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 511.05 676.98 Td (Long-term) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 518.80 668.98 Td (Assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 654.42 Td (United States) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.00 654.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.65 654.42 Td (1,017,919) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 654.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 654.42 Td (159,062) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 639.42 Td (Europe) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.15 639.42 Td (857,972) Tj ET Q BT /F1 6.50 Tf ET q 0 0 0 rg BT 482.00 644.58 Td (\(2\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 639.42 Td (1) Tj ET Q q 0 0 0 rg BT 531.15 639.42 Td (1) Tj ET Q q 0 0 0 rg BT 536.15 639.42 Td (1,964) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 624.42 Td (Asia) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.15 624.42 Td (507,523) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 624.42 Td (36,945) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 609.42 Td (All other international) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.15 609.42 Td (158,074) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 609.42 Td (8,658) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 594.42 Td (Consolidated) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.00 594.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.65 594.42 Td (2,541,488) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 594.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 594.42 Td (316,629) Tj ET Q BT /F1 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 536.75 364.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 536.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 479.50 536.75 18.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 536.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 506.75 364.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 506.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 479.50 506.75 18.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 506.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 476.75 364.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 476.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 479.50 476.75 18.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 476.75 65.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 557.75 m 479.5 557.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 479.5 557.75 m 497.5 557.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 557.75 m 562.5 557.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 536.75 m 479.5 536.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 557.75 m 562.5 557.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 536.75 m 562.5 536.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 536.75 m 479.5 536.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 536.75 m 562.5 536.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 476.75 m 479.5 476.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 476.75 m 562.5 476.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 476.75 m 479.5 476.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 462.75 m 479.5 462.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 460.75 m 479.5 460.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 476.75 m 562.5 476.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 462.75 m 562.5 462.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 460.75 m 562.5 460.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 460.20 561.98 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 481.90 561.98 Td (Y) Tj ET Q q 0 0 0 rg BT 486.79 561.98 Td (ear) Tj ET Q q 0 0 0 rg BT 497.75 561.98 Td ( 2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 426.80 540.98 Td (Net Sales ) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 460.13 544.61 Td (\(1\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 511.05 548.98 Td (Long-term) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 518.80 540.98 Td (Assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 526.42 Td (United States) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.00 526.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.65 526.42 Td (1,157,568) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 526.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 526.42 Td (189,209) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 511.42 Td (Europe) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.15 511.42 Td (974,198) Tj ET Q BT /F1 6.50 Tf ET q 0 0 0 rg BT 482.00 516.58 Td (\(2\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 511.42 Td (127,344) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 496.42 Td (Asia) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.15 496.42 Td (497,816) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 496.42 Td (40,874) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 481.42 Td (All other international) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.15 481.42 Td (158,581) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 481.42 Td (9,957) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 466.42 Td (Consolidated) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.00 466.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.65 466.42 Td (2,788,163) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 466.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 466.42 Td (367,384) Tj ET Q BT /F1 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 408.75 364.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 408.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 479.50 408.75 18.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 408.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 378.75 364.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 378.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 479.50 378.75 18.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 378.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 348.75 364.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 348.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 479.50 348.75 18.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 348.75 65.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 429.75 m 479.5 429.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 479.5 429.75 m 497.5 429.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 429.75 m 562.5 429.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 408.75 m 479.5 408.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 429.75 m 562.5 429.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 408.75 m 562.5 408.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 408.75 m 479.5 408.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 408.75 m 562.5 408.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 348.75 m 479.5 348.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 348.75 m 562.5 348.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 348.75 m 479.5 348.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 334.75 m 479.5 334.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 332.75 m 479.5 332.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 348.75 m 562.5 348.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 334.75 m 562.5 334.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 332.75 m 562.5 332.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 460.20 433.98 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 481.90 433.98 Td (Y) Tj ET Q q 0 0 0 rg BT 486.79 433.98 Td (ear) Tj ET Q q 0 0 0 rg BT 497.75 433.98 Td ( 2016) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 426.80 412.98 Td (Net Sales ) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 460.13 416.61 Td (\(1\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 511.05 420.98 Td (Long-term) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 518.80 412.98 Td (Assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 398.42 Td (United States) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.00 398.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.65 398.42 Td (1,355,586) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 398.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 398.42 Td (470,358) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 383.42 Td (Europe) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.65 383.42 Td (1,002,077) Tj ET Q BT /F1 6.50 Tf ET q 0 0 0 rg BT 482.00 388.58 Td (\(2\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 383.42 Td (260,277) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 368.42 Td (Asia) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.15 368.42 Td (515,383) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 368.42 Td (93,1) Tj ET Q q 0 0 0 rg BT 548.65 368.42 Td (1) Tj ET Q q 0 0 0 rg BT 553.65 368.42 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 353.42 Td (All other international) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.15 353.42 Td (169,325) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 353.42 Td (15,861) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 338.42 Td (Consolidated) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.00 338.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.65 338.42 Td (3,042,371) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 338.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 338.42 Td (839,607) Tj ET Q BT /F1 10.00 Tf ET BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 315.65 Td (_______________________________________________________________________________) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 68.00 299.18 Td (\(1\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 294.65 Td (Net sales are based on the location of the selling entity) Tj ET Q q 0 0 0 rg BT 303.62 294.65 Td (.) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 68.00 287.18 Td (\(2\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 282.65 Td (Net sales from Germany accounted for more than 10% of the Company's consolidated net sales and were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 270.65 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 146.26 270.65 Td ($359.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 205.15 270.65 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 210.15 270.65 Td ($406.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.04 270.65 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 288.48 270.65 Td ($467.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.37 270.65 Td ( in fiscal years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.90 270.65 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.90 270.65 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.90 270.65 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.90 270.65 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.34 270.65 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.34 270.65 Td (, respectively) Tj ET Q q 0 0 0 rg BT 545.00 270.65 Td (.) Tj ET Q endstream endobj 171 0 obj <>] /Rotate 0 /Contents 172 0 R>> endobj 172 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (82) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (20. Restructuring) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 721.25 Td ( ) Tj ET Q q 0 0 0 rg BT 72.50 721.25 Td (The Company implemented a multi-year restructuring program that began in fiscal year 2016 called New ) Tj ET Q q 0 0 0 rg BT 495.79 721.25 Td (W) Tj ET Q q 0 0 0 rg BT 504.42 721.25 Td (orld Fossil ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 709.25 Td (\("NWF"\). ) Tj ET Q q 0 0 0 rg BT 91.49 709.25 Td (As part of NWF) Tj ET Q q 0 0 0 rg BT 155.41 709.25 Td (, the Company tar) Tj ET Q q 0 0 0 rg BT 226.88 709.25 Td (gets to improve operating profit and support sales growth through a leaner ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 697.25 Td (infrastructure and an enhanced business model. ) Tj ET Q q 0 0 0 rg BT 241.70 697.25 Td (The Company is working to achieve greater ef) Tj ET Q q 0 0 0 rg BT 427.29 697.25 Td (ficiencies from production to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 685.25 Td (distribution through activities such as or) Tj ET Q q 0 0 0 rg BT 210.63 685.25 Td (ganizational changes, reducing its overall product assortment, optimizing its base cost ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 673.25 Td (structure and consolidating facilities. ) Tj ET Q q 0 0 0 rg BT 200.05 673.25 Td (The Company also intends to build a quicker and more responsive operating platform. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 661.25 Td (The Company is reducing its retail footprint to reflect the evolving shopping habits of today's consumer) Tj ET Q q 0 0 0 rg BT 464.37 661.25 Td (, which results in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 649.25 Td (restructuring costs, such as store impairment, recorded lease obligations and termination fees and accelerated depreciation.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 637.25 Td (Of the total estimated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.86 637.25 Td ($150 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 190.25 637.25 Td ( restructuring char) Tj ET Q q 0 0 0 rg BT 263.37 637.25 Td (ges, approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.96 637.25 Td ($46.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.85 637.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.85 637.25 Td ($48.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.75 637.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.18 637.25 Td ($27.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.08 637.25 Td ( were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 625.25 Td (recorded during fiscal year 2018, 2017 and 2016, respectively) Tj ET Q q 0 0 0 rg BT 297.05 625.25 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 601.25 Td ( ) Tj ET Q q 0 0 0 rg BT 72.50 601.25 Td (The following tables show a rollforward of the liabilities incurred under the Company's restructuring plans \(in thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 57.50 542.75 142.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 199.50 542.75 76.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 275.50 542.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 279.50 542.75 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 341.50 542.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 345.50 542.75 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.50 542.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 542.75 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 542.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 542.75 76.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 57.50 512.75 142.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 199.50 512.75 76.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 275.50 512.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 279.50 512.75 62.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 341.50 512.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 345.50 512.75 62.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.50 512.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 512.75 62.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 512.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 512.75 76.00 -25.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 199.5 572.75 m 275.5 572.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275.5 572.75 m 279.5 572.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 279.5 572.75 m 341.5 572.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341.5 572.75 m 345.5 572.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 572.75 m 407.5 572.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 572.75 m 411.5 572.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 572.75 m 473.5 572.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473.5 572.75 m 477.5 572.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 572.75 m 553.5 572.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 199.5 572.75 m 275.5 572.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 572.75 m 553.5 572.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 199.5 542.75 m 275.5 542.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 279.5 542.75 m 341.5 542.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 542.75 m 407.5 542.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 542.75 m 473.5 542.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 542.75 m 553.5 542.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 542.75 m 553.5 542.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 199.5 487.75 m 275.5 487.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 199.5 473.75 m 275.5 473.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 199.5 471.75 m 275.5 471.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 279.5 487.75 m 341.5 487.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 279.5 473.75 m 341.5 473.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 279.5 471.75 m 341.5 471.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 487.75 m 407.5 487.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 473.75 m 407.5 473.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 471.75 m 407.5 471.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 487.75 m 473.5 487.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 473.75 m 473.5 473.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 471.75 m 473.5 471.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 487.75 m 553.5 487.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 473.75 m 553.5 473.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 471.75 m 553.5 471.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 348.20 576.98 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 369.90 576.98 Td (Y) Tj ET Q q 0 0 0 rg BT 374.79 576.98 Td (ear) Tj ET Q q 0 0 0 rg BT 385.75 576.98 Td ( 2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 219.85 561.98 Td (Liabilities) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 349.85 546.98 Td (Cash payments) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 415.85 546.98 Td (Non-cash items) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 497.85 561.98 Td (Liabilities) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 204.75 546.98 Td (December) Tj ET Q q 0 0 0 rg BT 239.32 546.98 Td ( 30, 2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 295.75 546.98 Td (Charges) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 482.75 546.98 Td (December) Tj ET Q q 0 0 0 rg BT 517.25 546.98 Td ( 29, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.00 532.42 Td (Store closures) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 202.00 532.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.15 532.42 Td (2,973) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.00 532.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.15 532.42 Td (14,906) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.00 532.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.15 532.42 Td (14,141) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.00 532.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.65 532.42 Td (920) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.00 532.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.15 532.42 Td (2,818) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.00 517.42 Td (Professional services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 256.65 517.42 Td (185) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.15 517.42 Td (12,439) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.15 517.42 Td (10,426) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.65 517.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.15 517.42 Td (2,198) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.00 502.42 Td (Severance and employee-related) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.00 492.42 Td (benefits) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.15 492.42 Td (1,317) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.15 492.42 Td (19,285) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.15 492.42 Td (12,259) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.15 492.42 Td (5,332) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.15 492.42 Td (3,01) Tj ET Q q 0 0 0 rg BT 544.65 492.42 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.00 477.42 Td (T) Tj ET Q q 0 0 0 rg BT 65.41 477.42 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 202.00 477.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.15 477.42 Td (4,475) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.00 477.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.15 477.42 Td (46,630) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.00 477.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.15 477.42 Td (36,826) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.00 477.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.15 477.42 Td (6,252) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.00 477.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.15 477.42 Td (8,027) Tj ET Q BT /F1 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 57.50 408.75 142.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 199.50 408.75 76.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 275.50 408.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 279.50 408.75 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 341.50 408.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 345.50 408.75 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.50 408.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 408.75 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 408.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 408.75 76.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 57.50 378.75 142.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 199.50 378.75 76.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 275.50 378.75 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 279.50 378.75 62.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 341.50 378.75 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 345.50 378.75 62.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.50 378.75 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 378.75 62.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 378.75 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 378.75 76.00 -22.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 199.5 438.75 m 275.5 438.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275.5 438.75 m 279.5 438.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 279.5 438.75 m 341.5 438.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341.5 438.75 m 345.5 438.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 438.75 m 407.5 438.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 438.75 m 411.5 438.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 438.75 m 473.5 438.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473.5 438.75 m 477.5 438.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 438.75 m 553.5 438.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 199.5 438.75 m 275.5 438.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275.5 438.75 m 279.5 438.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 279.5 438.75 m 341.5 438.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341.5 438.75 m 345.5 438.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 438.75 m 407.5 438.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 438.75 m 411.5 438.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 438.75 m 473.5 438.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473.5 438.75 m 477.5 438.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 438.75 m 553.5 438.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 199.5 408.75 m 275.5 408.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 279.5 408.75 m 341.5 408.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 408.75 m 407.5 408.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 408.75 m 473.5 408.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 408.75 m 553.5 408.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 199.5 408.75 m 275.5 408.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 279.5 408.75 m 341.5 408.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 408.75 m 407.5 408.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 408.75 m 473.5 408.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 408.75 m 553.5 408.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 199.5 356.75 m 275.5 356.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 199.5 342.75 m 275.5 342.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 199.5 340.75 m 275.5 340.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 279.5 356.75 m 341.5 356.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 279.5 342.75 m 341.5 342.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 279.5 340.75 m 341.5 340.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 356.75 m 407.5 356.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 342.75 m 407.5 342.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 340.75 m 407.5 340.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 356.75 m 473.5 356.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 342.75 m 473.5 342.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 340.75 m 473.5 340.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 356.75 m 553.5 356.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 342.75 m 553.5 342.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 340.75 m 553.5 340.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 348.20 442.98 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 369.90 442.98 Td (Y) Tj ET Q q 0 0 0 rg BT 374.79 442.98 Td (ear) Tj ET Q q 0 0 0 rg BT 385.75 442.98 Td ( 2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 219.85 427.98 Td (Liabilities) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 349.85 412.98 Td (Cash payments) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 415.85 412.98 Td (Non-cash items) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 497.85 427.98 Td (Liabilities) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 204.75 412.98 Td (December) Tj ET Q q 0 0 0 rg BT 239.32 412.98 Td ( 31, 2016) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 295.75 412.98 Td (Charges) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 482.75 412.98 Td (December) Tj ET Q q 0 0 0 rg BT 517.25 412.98 Td ( 30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.00 398.42 Td (Store closures) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 202.00 398.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.15 398.42 Td (4,546) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.00 398.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.15 398.42 Td (13,045) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.00 398.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.15 398.42 Td (6,636) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.00 398.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.15 398.42 Td (7,982) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.00 398.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.15 398.42 Td (2,973) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.00 383.42 Td (Professional services and other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 256.65 383.42 Td (794) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.15 383.42 Td (3,507) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.15 383.42 Td (2,618) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.15 383.42 Td (1,498) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.65 383.42 Td (185) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.00 369.32 Td (Severance and employee-related) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.00 359.37 Td (benefits) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 261.65 361.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.15 361.42 Td (31,619) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.15 361.42 Td (29,098) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.15 361.42 Td (1,204) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.15 361.42 Td (1,317) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.00 346.42 Td (T) Tj ET Q q 0 0 0 rg BT 65.41 346.42 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 202.00 346.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.15 346.42 Td (5,340) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.00 346.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.15 346.42 Td (48,171) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.00 346.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.15 346.42 Td (38,352) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.00 346.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.15 346.42 Td (10,684) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.00 346.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.15 346.42 Td (4,475) Tj ET Q BT /F1 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 58.00 272.75 142.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 200.00 272.75 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.00 272.75 7.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 269.00 272.75 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 331.00 272.75 7.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.00 272.75 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.00 272.75 8.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.00 272.75 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 470.00 272.75 7.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.00 272.75 76.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 58.00 242.75 142.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 200.00 242.75 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.00 242.75 7.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 269.00 242.75 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 331.00 242.75 7.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.00 242.75 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.00 242.75 8.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.00 242.75 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 470.00 242.75 7.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.00 242.75 76.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 200 307.75 m 262 307.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 262 307.75 m 269 307.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 269 307.75 m 331 307.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 331 307.75 m 338 307.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338 307.75 m 400 307.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 400 307.75 m 408 307.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408 307.75 m 470 307.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470 307.75 m 477 307.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477 307.75 m 553 307.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338 307.75 m 400 307.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408 307.75 m 470 307.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 200 272.75 m 262 272.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 269 272.75 m 331 272.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338 272.75 m 400 272.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408 272.75 m 470 272.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477 272.75 m 553 272.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 200 272.75 m 262 272.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 269 272.75 m 331 272.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338 272.75 m 400 272.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408 272.75 m 470 272.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477 272.75 m 553 272.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 200 227.75 m 262 227.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 200 213.75 m 262 213.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 200 211.75 m 262 211.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 269 227.75 m 331 227.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 269 213.75 m 331 213.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 269 211.75 m 331 211.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338 227.75 m 400 227.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338 213.75 m 400 213.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338 211.75 m 400 211.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408 227.75 m 470 227.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408 213.75 m 470 213.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408 211.75 m 470 211.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477 227.75 m 553 227.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477 213.75 m 553 213.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477 211.75 m 553 211.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 348.20 311.98 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 369.90 311.98 Td (Y) Tj ET Q q 0 0 0 rg BT 374.79 311.98 Td (ear) Tj ET Q q 0 0 0 rg BT 385.75 311.98 Td ( 2016) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 213.35 296.98 Td (Liabilities) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 342.35 276.98 Td (Cash payments) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 412.35 276.98 Td (Non-cash items) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 497.35 296.98 Td (Liabilities) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 203.25 276.98 Td (January 2, 2016) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 285.25 276.98 Td (Charges) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 482.25 276.98 Td (December) Tj ET Q q 0 0 0 rg BT 516.75 276.98 Td ( 31, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.50 262.42 Td (Store closures) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 202.50 262.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.15 262.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.50 262.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.65 262.42 Td (22,247) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.50 262.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.65 262.42 Td (3,430) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.50 262.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.65 262.42 Td (14,271) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.50 262.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.65 262.42 Td (4,546) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.50 247.42 Td (Professional services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.15 247.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.65 247.42 Td (4,057) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.65 247.42 Td (3,263) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.15 247.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.15 247.42 Td (794) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.50 232.42 Td (Supply chain relocation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.15 232.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.65 232.42 Td (1,474) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.15 232.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.65 232.42 Td (1,474) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.15 232.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.50 217.42 Td (T) Tj ET Q q 0 0 0 rg BT 65.91 217.42 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 202.50 217.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.15 217.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.50 217.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.65 217.42 Td (27,778) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.50 217.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.65 217.42 Td (6,693) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.50 217.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.65 217.42 Td (15,745) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.50 217.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.65 217.42 Td (5,340) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 192.25 Td (Restructuring char) Tj ET Q q 0 0 0 rg BT 146.46 192.25 Td (ges by operating segment were as follows by fiscal year \(in thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 84.00 166.75 125.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 209.00 166.75 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 309.00 166.75 9.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 318.00 166.75 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.00 166.75 9.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.00 166.75 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 84.00 136.75 125.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 209.00 136.75 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 309.00 136.75 9.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 318.00 136.75 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.00 136.75 9.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.00 136.75 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 84.00 106.75 125.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 209.00 106.75 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 309.00 106.75 9.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 318.00 106.75 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.00 106.75 9.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.00 106.75 100.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 209 166.75 m 309 166.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 318 166.75 m 418 166.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427 166.75 m 527 166.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 209 106.75 m 309 106.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 209 92.75 m 309 92.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 209 90.75 m 309 90.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 318 106.75 m 418 106.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 318 92.75 m 418 92.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 318 90.75 m 418 90.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427 106.75 m 527 106.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427 92.75 m 527 92.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427 90.75 m 527 90.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 250.50 170.98 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 359.50 170.98 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 468.50 170.98 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.50 157.32 Td (Americas) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 211.50 156.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.65 156.42 Td (17,197) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.50 156.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.65 156.42 Td (12,964) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.50 156.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.65 156.42 Td (19,745) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.50 142.32 Td (Europe) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.65 141.42 Td (10,1) Tj ET Q q 0 0 0 rg BT 295.15 141.42 Td (16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.65 141.42 Td (12,606) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.65 141.42 Td (1,888) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.50 127.32 Td (Asia) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.65 126.42 Td (2,946) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.65 126.42 Td (9,894) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.15 126.42 Td (746) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.50 112.32 Td (Corporate) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.65 111.42 Td (16,371) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.65 111.42 Td (12,707) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.65 111.42 Td (5,399) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.50 97.32 Td (Consolidated) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 211.50 96.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.65 96.42 Td (46,630) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.50 96.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.65 96.42 Td (48,171) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.50 96.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.65 96.42 Td (27,778) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 173 0 obj <>] /Rotate 0 /Contents 174 0 R>> endobj 174 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (83) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (21. Subsequent Events) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 718.25 Td (Subsequent to the balance sheet date, on January 4, 2019, the Company made a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.13 718.25 Td ($125.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.03 718.25 Td ( payment on the ) Tj ET Q q 0 0 0 rg BT 517.50 718.25 Td (T) Tj ET Q q 0 0 0 rg BT 522.91 718.25 Td (erm Loan ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.25 Td (to repay the outstanding principal balance due on March 31, 2019 under the terms of the Credit ) Tj ET Q q 0 0 0 rg BT 432.67 706.25 Td (Agreement. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 685.25 Td (Also, subsequent to the balance sheet date, the Company sold intellectual property \("IP"\) related to a smartwatch ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 673.25 Td (technology under development by the Company to Google, Inc. for a cash purchase price of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.16 673.25 Td ($40.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.05 673.25 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 652.25 Td ( ) Tj ET Q endstream endobj 175 0 obj <>] /Rotate 0 /Contents 176 0 R>> endobj 176 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (84) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Item9.Changes in and Disagr) Tj ET Q q 0 0 0 rg BT 186.78 742.25 Td (eements with ) Tj ET Q q 0 0 0 rg BT 244.55 742.25 Td (Accountants on ) Tj ET Q q 0 0 0 rg BT 312.89 742.25 Td (Accounting and Financial Disclosur) Tj ET Q q 0 0 0 rg BT 465.23 742.25 Td (e) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 721.25 Td (None.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 700.25 Td (Item9A.Contr) Tj ET Q q 0 0 0 rg BT 122.58 700.25 Td (ols and Pr) Tj ET Q q 0 0 0 rg BT 165.74 700.25 Td (ocedur) Tj ET Q q 0 0 0 rg BT 195.00 700.25 Td (es) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 679.25 Td (Evaluation of Disclosur) Tj ET Q q 0 0 0 rg BT 149.83 679.25 Td (e Contr) Tj ET Q q 0 0 0 rg BT 182.14 679.25 Td (ols and Pr) Tj ET Q q 0 0 0 rg BT 225.30 679.25 Td (ocedur) Tj ET Q q 0 0 0 rg BT 254.56 679.25 Td (es) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 658.25 Td (W) Tj ET Q q 0 0 0 rg BT 82.64 658.25 Td (e conducted an evaluation of the ef) Tj ET Q q 0 0 0 rg BT 222.39 658.25 Td (fectiveness of our "disclosure controls and procedures" \("Disclosure Controls"\), as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.25 Td (defined by Rules13a-15\(e\) and 15d-15\(e\) of the Securities Exchange ) Tj ET Q q 0 0 0 rg BT 329.35 646.25 Td (Act of 1934, as amended \(the "Exchange ) Tj ET Q q 0 0 0 rg BT 495.04 646.25 Td (Act"\), as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.25 Td (December29, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.58 634.25 Td (, the end of the period covered by this ) Tj ET Q q 0 0 0 rg BT 281.88 634.25 Td (Annual Report on Form10-K. ) Tj ET Q q 0 0 0 rg BT 405.57 634.25 Td (The Disclosure Controls evaluation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.25 Td (was done under the supervision and with the participation of management, including our CEO and CFO. ) Tj ET Q q 0 0 0 rg BT 470.29 622.25 Td (There are inherent ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.25 Td (limitations to the ef) Tj ET Q q 0 0 0 rg BT 127.86 610.25 Td (fectiveness of any system of disclosure controls and procedures. ) Tj ET Q q 0 0 0 rg BT 386.68 610.25 Td (Accordingly) Tj ET Q q 0 0 0 rg BT 436.02 610.25 Td (, even ef) Tj ET Q q 0 0 0 rg BT 469.98 610.25 Td (fective disclosure ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.25 Td (controls and procedures can only provide reasonable assurance of achieving their control objectives.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 577.25 Td (Based upon this evaluation, our CEO and CFO have concluded that our Disclosure Controls were ef) Tj ET Q q 0 0 0 rg BT 474.29 577.25 Td (fective at the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 565.25 Td (reasonable assurance level as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 180.21 565.25 Td (December29, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.80 565.25 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 544.25 Td (Management's Report on Internal Contr) Tj ET Q q 0 0 0 rg BT 223.69 544.25 Td (ol Over) Tj ET Q q 0 0 0 rg BT 255.44 544.25 Td ( Financial Reporting) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 523.25 Td (Management is responsible for establishing and maintaining adequate internal control over financial reporting, as defined ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 511.25 Td (in Rules13a-15\(f\) and 15d-15\(f\) under the Exchange ) Tj ET Q q 0 0 0 rg BT 264.93 511.25 Td (Act. ) Tj ET Q q 0 0 0 rg BT 284.19 511.25 Td (The Company's internal control over financial reporting is designed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 499.25 Td (to provide reasonable assurance regarding the reliability of financial reporting and the preparation of the consolidated financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 487.25 Td (statements for external reporting purposes in accordance with generally accepted accounting principles.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 466.25 Td (Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.25 Td (Also, projections of any evaluation of the ef) Tj ET Q q 0 0 0 rg BT 225.88 454.25 Td (fectiveness of internal control over financial reporting to future periods are subject ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.25 Td (to the risk that controls may become inadequate because of changes in conditions or that the degree of compliance with the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.25 Td (policies or procedures may deteriorate over time.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 409.25 Td (Management, including our CEO and our CFO, assessed the ef) Tj ET Q q 0 0 0 rg BT 325.71 409.25 Td (fectiveness of the Company's internal control over ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 397.25 Td (financial reporting as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 148.30 397.25 Td (December29, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 226.88 397.25 Td (. In making this assessment, management used the criteria set forth by the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 385.25 Td (Committee of Sponsoring Or) Tj ET Q q 0 0 0 rg BT 166.20 385.25 Td (ganizations of the ) Tj ET Q q 0 0 0 rg BT 239.61 385.25 Td (T) Tj ET Q q 0 0 0 rg BT 245.37 385.25 Td (readway Commission in ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 345.08 385.25 Td (Internal Contr) Tj ET Q q 0 0 0 rg BT 402.76 385.25 Td (olIntegrated Framework \(2013\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.41 385.25 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 373.25 Td (Based on its assessment and those criteria, management has concluded that the Company maintained ef) Tj ET Q q 0 0 0 rg BT 463.31 373.25 Td (fective internal control ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 361.25 Td (over financial reporting as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 168.56 361.25 Td (December29, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 247.15 361.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 340.25 Td (Deloitte& ) Tj ET Q q 0 0 0 rg BT 118.81 340.25 Td (T) Tj ET Q q 0 0 0 rg BT 124.22 340.25 Td (oucheLLP) Tj ET Q q 0 0 0 rg BT 167.27 340.25 Td (, the independent registered public accounting firm that audited the Company's consolidated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 328.25 Td (financial statements included in this ) Tj ET Q q 0 0 0 rg BT 195.80 328.25 Td (Annual Report on Form10-K, has issued an attestation report on the Company's internal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 316.25 Td (control over financial reporting, which is included herein.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 295.25 Td (Changes in Internal Contr) Tj ET Q q 0 0 0 rg BT 162.89 295.25 Td (ol over) Tj ET Q q 0 0 0 rg BT 191.86 295.25 Td ( Financial Reporting) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 274.25 Td (There were no changes in our internal control over financial reporting during the quarter ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.35 274.25 Td (December29, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.93 274.25 Td ( that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 262.25 Td (materially af) Tj ET Q q 0 0 0 rg BT 100.63 262.25 Td (fected, or are reasonably likely to materially af) Tj ET Q q 0 0 0 rg BT 287.58 262.25 Td (fect, our internal control over financial reporting.) Tj ET Q endstream endobj 177 0 obj <>] /Rotate 0 /Contents 178 0 R>> endobj 178 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (85) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (REPOR) Tj ET Q q 0 0 0 rg BT 84.65 730.10 Td (T) Tj ET Q q 0 0 0 rg BT 91.14 730.10 Td ( OF) Tj ET Q q 0 0 0 rg BT 107.15 730.10 Td ( INDEPENDENT) Tj ET Q q 0 0 0 rg BT 182.26 730.10 Td ( REGISTERED PUBLIC ) Tj ET Q q 0 0 0 rg BT 292.57 730.10 Td (ACCOUNTING FIRM) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (T) Tj ET Q q 0 0 0 rg BT 55.41 706.10 Td (o the stockholders and the Board of Directors of Fossil Group, Inc.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td (Opinion on Internal Contr) Tj ET Q q 0 0 0 rg BT 163.45 682.10 Td (ol over) Tj ET Q q 0 0 0 rg BT 192.43 682.10 Td ( Financial Reporting) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 658.10 Td (e have audited the internal control over financial reporting of Fossil Group, Inc. and subsidiaries \(the Company\) as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.10 Td (December 29, 2018, based on criteria established in ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 259.38 646.10 Td (Internal Contr) Tj ET Q q 0 0 0 rg BT 317.06 646.10 Td (ol Integrated Framework \(2013\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.71 646.10 Td ( issued by the Committee ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.10 Td (of Sponsoring Or) Tj ET Q q 0 0 0 rg BT 119.26 634.10 Td (ganizations of the ) Tj ET Q q 0 0 0 rg BT 192.67 634.10 Td (T) Tj ET Q q 0 0 0 rg BT 198.43 634.10 Td (readway Commission \(COSO\). In our opinion, the Company maintained, in all material ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.10 Td (respects, ef) Tj ET Q q 0 0 0 rg BT 94.79 622.10 Td (fective internal control over financial reporting as of December 29, 2018, based on criteria established in ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 516.30 622.10 Td (Internal ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 610.10 Td (Contr) Tj ET Q q 0 0 0 rg BT 72.97 610.10 Td (ol Integrated Framework \(2013\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 214.61 610.10 Td ( issued by COSO.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 586.10 Td (e have also audited, in accordance with the standards of the Public Company ) Tj ET Q q 0 0 0 rg BT 367.44 586.10 Td (Accounting Oversight Board \(United States\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.10 Td (\(PCAOB\), the consolidated financial statements and financial statement schedule as of and for the year ended December 29, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.10 Td (2018, of the Company and our report dated February 20, 2019, expressed an unqualified opinion on those consolidated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.10 Td (financial statements and financial statement schedule and included an explanatory paragraph regarding the Company) Tj ET Q q 0 0 0 rg BT 520.10 550.10 Td (s adoption ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.10 Td (of a new accounting standard.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 514.10 Td (Basis for) Tj ET Q q 0 0 0 rg BT 87.32 514.10 Td ( Opinion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.10 Td (The Company) Tj ET Q q 0 0 0 rg BT 109.71 490.10 Td (s management is responsible for maintaining ef) Tj ET Q q 0 0 0 rg BT 298.93 490.10 Td (fective internal control over financial reporting and for its ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 478.10 Td (assessment of the ef) Tj ET Q q 0 0 0 rg BT 130.07 478.10 Td (fectiveness of internal control over financial reporting, included in the accompanying Management) Tj ET Q q 0 0 0 rg BT 528.82 478.10 Td (s ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 466.10 Td (Report on Internal Control Over Financial Reporting. Our responsibility is to express an opinion on the Company) Tj ET Q q 0 0 0 rg BT 506.88 466.10 Td (s internal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.10 Td (control over financial reporting based on our audit. ) Tj ET Q q 0 0 0 rg BT 256.14 454.10 Td (W) Tj ET Q q 0 0 0 rg BT 264.78 454.10 Td (e are a public accounting firm registered with the PCAOB and are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.10 Td (required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.10 Td (rules and regulations of the Securities and Exchange Commission and the PCAOB.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 406.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 406.10 Td (e conducted our audit in accordance with the standards of the PCAOB. ) Tj ET Q q 0 0 0 rg BT 344.21 406.10 Td (Those standards require that we plan and perform the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 394.10 Td (audit to obtain reasonable assurance about whether ef) Tj ET Q q 0 0 0 rg BT 263.90 394.10 Td (fective internal control over financial reporting was maintained in all ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 382.10 Td (material respects. Our audit included obtaining an understanding of internal control over financial reporting, assessing the risk ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 370.10 Td (that a material weakness exists, testing and evaluating the design and operating ef) Tj ET Q q 0 0 0 rg BT 376.66 370.10 Td (fectiveness of internal control based on the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 358.10 Td (assessed risk, and performing such other procedures as we considered necessary in the circumstances. ) Tj ET Q q 0 0 0 rg BT 459.68 358.10 Td (W) Tj ET Q q 0 0 0 rg BT 468.32 358.10 Td (e believe that our audit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 346.10 Td (provides a reasonable basis for our opinion.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 322.10 Td (Definition and Limitations of Internal Contr) Tj ET Q q 0 0 0 rg BT 239.55 322.10 Td (ol over) Tj ET Q q 0 0 0 rg BT 268.53 322.10 Td ( Financial Reporting) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 298.10 Td (A) Tj ET Q q 0 0 0 rg BT 56.67 298.10 Td ( company) Tj ET Q q 0 0 0 rg BT 98.60 298.10 Td (s internal control over financial reporting is a process designed to provide reasonable assurance regarding the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 286.10 Td (reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 274.10 Td (accepted accounting principles. ) Tj ET Q q 0 0 0 rg BT 177.72 274.10 Td (A) Tj ET Q q 0 0 0 rg BT 184.39 274.10 Td ( company) Tj ET Q q 0 0 0 rg BT 226.33 274.10 Td (s internal control over financial reporting includes those policies and procedures ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 262.10 Td (that \(1\) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 250.10 Td (dispositions of the assets of the company; \(2\) provide reasonable assurance that transactions are recorded as necessary to permit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 238.10 Td (preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 226.10 Td (expenditures of the company are being made only in accordance with authorizations of management and directors of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 214.10 Td (company; and \(3\) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 202.10 Td (disposition of the company) Tj ET Q q 0 0 0 rg BT 161.38 202.10 Td (s assets that could have a material ef) Tj ET Q q 0 0 0 rg BT 306.97 202.10 Td (fect on the financial statements.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 178.10 Td (Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. ) Tj ET Q q 0 0 0 rg BT 518.20 178.10 Td (Also, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 166.10 Td (projections of any evaluation of ef) Tj ET Q q 0 0 0 rg BT 187.27 166.10 Td (fectiveness to future periods are subject to the risk that controls may become inadequate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 154.10 Td (because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 118.10 Td (/s/ Deloitte & ) Tj ET Q q 0 0 0 rg BT 106.76 118.10 Td (T) Tj ET Q q 0 0 0 rg BT 112.17 118.10 Td (ouche LLP) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 94.10 Td (Dallas, ) Tj ET Q q 0 0 0 rg BT 80.37 94.10 Td (T) Tj ET Q q 0 0 0 rg BT 85.78 94.10 Td (exas) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 82.10 Td (February 20, 2019) Tj ET Q endstream endobj 179 0 obj <>] /Rotate 0 /Contents 180 0 R>> endobj 180 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (86) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Item9B.Other) Tj ET Q q 0 0 0 rg BT 122.03 742.25 Td ( Information) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 721.25 Td (None.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 285.90 700.25 Td (P) Tj ET Q q 0 0 0 rg BT 291.27 700.25 Td (AR) Tj ET Q q 0 0 0 rg BT 305.36 700.25 Td (T) Tj ET Q q 0 0 0 rg BT 311.85 700.25 Td ( III) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 679.25 Td (Item10.Dir) Tj ET Q q 0 0 0 rg BT 109.25 679.25 Td (ectors, Executive Officers and Corporate Governance) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 658.25 Td (The information under the headings "Directors and Nominees," "Executive Of) Tj ET Q q 0 0 0 rg BT 387.08 658.25 Td (ficers," "Section16\(a\) Beneficial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.25 Td (Ownership Reporting Compliance" and "Board Committees and Meetings" in our proxy statement to be filed with the SEC ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.25 Td (pursuant to Regulation14A, not later than 120days after the end of the fiscal year covered by this report, is incorporated herein ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.25 Td (by reference.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 601.25 Td (W) Tj ET Q q 0 0 0 rg BT 82.64 601.25 Td (e have adopted a code of ethics that applies to all our directors and employees, including the principal executive of) Tj ET Q q 0 0 0 rg BT 541.18 601.25 Td (ficer) Tj ET Q q 0 0 0 rg BT 559.10 601.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 589.25 Td (principal financial of) Tj ET Q q 0 0 0 rg BT 133.67 589.25 Td (ficer) Tj ET Q q 0 0 0 rg BT 151.59 589.25 Td (, principal accounting of) Tj ET Q q 0 0 0 rg BT 249.15 589.25 Td (ficer and controller) Tj ET Q q 0 0 0 rg BT 325.22 589.25 Td (. ) Tj ET Q q 0 0 0 rg BT 330.04 589.25 Td (The full text of our Code of Conduct and Ethics is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 577.25 Td (published on the Investors section of our website at ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 258.01 577.25 Td (www) Tj ET Q q 0 0 0 rg BT 277.28 577.25 Td (.fossilgr) Tj ET Q q 0 0 0 rg BT 309.42 577.25 Td (oup.com) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.58 577.25 Td (. ) Tj ET Q q 0 0 0 rg BT 348.40 577.25 Td (W) Tj ET Q q 0 0 0 rg BT 357.04 577.25 Td (e intend to disclose any future amendments to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 565.25 Td (certain provisions of the Code of Conduct and Ethics, or waivers of such provisions granted to executive of) Tj ET Q q 0 0 0 rg BT 479.16 565.25 Td (ficers and directors, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 553.25 Td (on this website within five business days following the date of any such amendment or waiver) Tj ET Q q 0 0 0 rg BT 426.31 553.25 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 532.25 Td (Item1) Tj ET Q q 0 0 0 rg BT 76.94 532.25 Td (1.Executive Compensation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 511.25 Td (The information required in response to this Item is incorporated herein by reference to our proxy statement to be filed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 499.25 Td (with the SEC pursuant to Regulation14A, not later than 120days after the end of the fiscal year covered by this report.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 478.25 Td (Item12.Security Ownership of Certain Beneficial Owners and Management and Related Stockholder) Tj ET Q q 0 0 0 rg BT 492.01 478.25 Td ( Matters) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 457.25 Td (The information required in response to this Item is incorporated herein by reference to our proxy statement to be filed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 445.25 Td (with the SEC pursuant to Regulation14A, not later than 120days after the end of the fiscal year covered by this report.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 424.25 Td (Item13.Certain Relationships and Related ) Tj ET Q q 0 0 0 rg BT 244.26 424.25 Td (T) Tj ET Q q 0 0 0 rg BT 250.19 424.25 Td (ransactions, and Dir) Tj ET Q q 0 0 0 rg BT 336.96 424.25 Td (ector) Tj ET Q q 0 0 0 rg BT 358.43 424.25 Td ( Independence) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 403.25 Td (The information required in response to this Item is incorporated herein by reference to our proxy statement to be filed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 391.25 Td (with the SEC pursuant to Regulation14A, not later than 120days after the end of the fiscal year covered by this report.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 370.25 Td (Item14.Principal ) Tj ET Q q 0 0 0 rg BT 136.38 370.25 Td (Accountant Fees and Services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 349.25 Td (The information required in response to this Item is incorporated herein by reference to our proxy statement to be filed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 337.25 Td (with the SEC pursuant to Regulation14A, not later than 120days after the end of the fiscal year covered by this report.) Tj ET Q endstream endobj 181 0 obj <><><><><><><><><><><><><><><><><><><><>] /Rotate 0 /Contents 182 0 R>> endobj 182 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (87) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 286.30 742.25 Td (P) Tj ET Q q 0 0 0 rg BT 291.67 742.25 Td (AR) Tj ET Q q 0 0 0 rg BT 305.76 742.25 Td (T) Tj ET Q q 0 0 0 rg BT 312.25 742.25 Td ( IV) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 721.25 Td (Item15.Exhibits and Consolidated Financial Statement Schedules) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 700.25 Td (\(a\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 700.25 Td (Documents filed as part of Report.) Tj ET Q 1 1 1 rg /GS0 gs 80.50 666.75 447.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 80.50 651.75 447.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 80.50 636.75 447.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 80.50 621.75 447.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 80.50 606.75 447.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 80.50 591.75 447.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 80.50 576.75 447.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 80.50 561.75 447.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 527.5 666.75 m 562.5 666.75 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 671.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 83.00 671.43 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 536.25 670.98 Td (Page) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 69.5 655.9833984375 m 77 655.9833984375 l s q 0 0 1 rg BT 69.50 657.32 Td (1.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 83 655.9833984375 m 316.8427734375 655.9833984375 l s q 0 0 1 rg BT 83.00 657.32 Td (Report of Independent Registered Public ) Tj ET Q q 0 0 1 rg BT 248.24 657.32 Td (Accounting Firm) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 83 640.9833984375 m 199.083984375 640.9833984375 l s q 0 0 1 rg BT 83.00 642.32 Td (Consolidated Balance Sheets) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 83 625.9833984375 m 396.26171875 625.9833984375 l s q 0 0 1 rg BT 83.00 627.32 Td (Consolidated Statements of Income \(Loss\) and Comprehensive Income \(Loss\)) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 83 610.9833984375 m 278.6689453125 610.9833984375 l s q 0 0 1 rg BT 83.00 612.32 Td (Consolidated Statements of Stockholders' Equity) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 83 595.9833984375 m 242.4384765625 595.9833984375 l s q 0 0 1 rg BT 83.00 597.32 Td (Consolidated Statements of Cash Flows) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 83 580.9833984375 m 257.9755859375 580.9833984375 l s q 0 0 1 rg BT 83.00 582.32 Td (Notes to Consolidated Financial Statements) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 69.5 565.9833984375 m 77 565.9833984375 l s q 0 0 1 rg BT 69.50 567.32 Td (2.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 83 565.9833984375 m 333.3271484375 565.9833984375 l s q 0 0 1 rg BT 83.00 567.32 Td (Consolidated Financial Statement Schedule: See "ScheduleII") Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 69.5 550.9833984375 m 77 550.9833984375 l s q 0 0 1 rg BT 69.50 552.32 Td (3.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 83 550.9833984375 m 321.8427734375 550.9833984375 l s q 0 0 1 rg BT 83.00 552.32 Td (Exhibits required to be filed by Item601 of RegulationS-K) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 526.25 Td (The exhibits required to be filed by this Item15 are set forth in the Exhibit Index accompanying this report.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 549 655.0833984375 m 559 655.0833984375 l s q 0 0 1 rg BT 549.00 656.42 Td (44) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 549 640.0833984375 m 559 640.0833984375 l s q 0 0 1 rg BT 549.00 641.42 Td (45) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 549 625.0833984375 m 559 625.0833984375 l s q 0 0 1 rg BT 549.00 626.42 Td (46) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 549 610.0833984375 m 559 610.0833984375 l s q 0 0 1 rg BT 549.00 611.42 Td (47) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 549 595.0833984375 m 559 595.0833984375 l s q 0 0 1 rg BT 549.00 596.42 Td (48) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 549 580.0833984375 m 559 580.0833984375 l s q 0 0 1 rg BT 549.00 581.42 Td (49) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 549 565.0833984375 m 559 565.0833984375 l s q 0 0 1 rg BT 549.00 566.42 Td (89) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 549 550.0833984375 m 559 550.0833984375 l s q 0 0 1 rg BT 549.00 551.42 Td (90) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 183 0 obj <>] /Rotate 0 /Contents 184 0 R>> endobj 184 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (88) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 273.85 742.25 Td (SIGNA) Tj ET Q q 0 0 0 rg BT 304.78 742.25 Td (TURES) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 722.25 Td (Pursuant to the requirements of Section13 or 15\(d\) of the Securities Exchange ) Tj ET Q q 0 0 0 rg BT 390.87 722.25 Td (Act of 1934, the registrant has duly caused ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 710.25 Td (this report to be signed on its behalf by the undersigned, thereunto duly authorized.) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 316.5 649.75 m 562.5 649.75 l s BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 670.32 Td (February 20, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.00 670.32 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 319.00 669.43 Td (FOSSIL) Tj ET Q q 0 0 0 rg BT 354.02 669.43 Td ( GROUP) Tj ET Q q 0 0 0 rg BT 391.71 669.43 Td (,INC.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 655.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.00 655.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.45 654.42 Td (/s/KOST) Tj ET Q q 0 0 0 rg BT 419.71 654.42 Td (A) Tj ET Q q 0 0 0 rg BT 426.38 654.42 Td ( N. KAR) Tj ET Q q 0 0 0 rg BT 461.62 654.42 Td (TSOTIS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.65 639.47 Td (Kosta N. Kartsotis,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.50 629.47 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 327.00 629.47 Td (Chairman of the Boar) Tj ET Q q 0 0 0 rg BT 414.69 629.47 Td (d of Dir) Tj ET Q q 0 0 0 rg BT 445.98 629.47 Td (ectors and Chief Executive ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 424.80 619.46 Td (Officer) Tj ET Q BT /F1 10.00 Tf ET BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 605.65 Td (________________________________________________________________________________________________________________________) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 585.65 Td (Pursuant to the requirements of the Securities Exchange ) Tj ET Q q 0 0 0 rg BT 300.05 585.65 Td (Act of 1934, this report has been signed below by the following ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 573.65 Td (persons on behalf of the registrant and in the capacities and on the dates indicated.) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 490.15 m 230.5 490.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 450.15 m 230.5 450.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 420.15 m 230.5 420.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 390.15 m 230.5 390.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 360.15 m 230.5 360.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 330.15 m 230.5 330.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 300.15 m 230.5 300.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 270.15 m 230.5 270.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 240.14999999999998 m 230.5 240.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 210.14999999999998 m 230.5 210.14999999999998 l s BT /F2 8.00 Tf ET 0 0 0 RG /GS0 gs 0.76 w 0 i [] 0 d 1 J 1 j 3 M 123.4 533.130078125 m 156.59140625 533.130078125 l s q 0 0 0 rg BT 123.40 534.38 Td (Signatur) Tj ET Q q 0 0 0 rg BT 153.11 534.38 Td (e) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 233.00 534.38 Td () Tj ET Q BT /F2 8.00 Tf ET 0 0 0 RG /GS0 gs 0.76 w 0 i [] 0 d 1 J 1 j 3 M 337.65 533.130078125 m 368.3140625 533.130078125 l s q 0 0 0 rg BT 337.65 534.38 Td (Capacity) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 475.00 534.38 Td () Tj ET Q BT /F2 8.00 Tf ET 0 0 0 RG /GS0 gs 0.76 w 0 i [] 0 d 1 J 1 j 3 M 511 533.130078125 m 526.9921875 533.130078125 l s q 0 0 0 rg BT 511.00 534.38 Td (Date) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 140.00 519.82 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 233.00 519.82 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.00 519.82 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.00 519.82 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.00 519.82 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 83.45 494.82 Td (/s/KOST) Tj ET Q q 0 0 0 rg BT 121.11 494.82 Td (A) Tj ET Q q 0 0 0 rg BT 127.66 494.82 Td ( N. KAR) Tj ET Q q 0 0 0 rg BT 162.92 494.82 Td (TSOTIS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 233.00 494.82 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.00 504.82 Td (Chairman of the Board of Directors and Chief Executive) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.00 494.82 Td (Of) Tj ET Q q 0 0 0 rg BT 247.46 494.82 Td (ficer \(Principal Executive Of) Tj ET Q q 0 0 0 rg BT 363.06 494.82 Td (ficer\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.00 494.82 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.20 494.82 Td (February 20, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 102.90 479.82 Td (Kosta N. Kartsotis) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.30 454.82 Td (/s/JEFFREY) Tj ET Q q 0 0 0 rg BT 142.19 454.82 Td ( N. BOYER) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 233.00 454.82 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.00 464.82 Td (Executive ) Tj ET Q q 0 0 0 rg BT 279.39 464.82 Td (V) Tj ET Q q 0 0 0 rg BT 286.22 464.82 Td (ice President, Chief Financial Of) Tj ET Q q 0 0 0 rg BT 417.18 464.82 Td (ficer and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.00 454.82 Td (T) Tj ET Q q 0 0 0 rg BT 242.93 454.82 Td (reasurer \(Principal Financial and ) Tj ET Q q 0 0 0 rg BT 375.76 454.82 Td (Accounting Of) Tj ET Q q 0 0 0 rg BT 435.10 454.82 Td (ficer\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.00 454.82 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.20 454.82 Td (February 20, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 106.60 439.82 Td (Jef) Tj ET Q q 0 0 0 rg BT 118.17 439.82 Td (frey N. Boyer) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 92.45 424.82 Td (/s/MARK R. BELGY) Tj ET Q q 0 0 0 rg BT 181.35 424.82 Td (A) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 233.00 424.82 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.00 424.82 Td (Director) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.00 424.82 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.20 424.82 Td (February 20, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 107.90 409.82 Td (Mark R. Belgya) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 79.80 394.82 Td (/s/) Tj ET Q q 0 0 0 rg BT 91.66 394.82 Td (WILLIAM B. CHIASSON) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 233.00 394.82 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.00 394.82 Td (Director) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.00 394.82 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.20 394.82 Td (February 20, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.35 379.82 Td (W) Tj ET Q q 0 0 0 rg BT 107.59 379.82 Td (illiam B. Chiasson) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.30 364.82 Td (/s/MAURIA) Tj ET Q q 0 0 0 rg BT 141.53 364.82 Td ( ) Tj ET Q q 0 0 0 rg BT 143.48 364.82 Td (A. FINLEY) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 233.00 364.82 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.00 364.82 Td (Director) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.00 364.82 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.20 364.82 Td (February 20, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 105.65 349.82 Td (Mauria ) Tj ET Q q 0 0 0 rg BT 136.75 349.82 Td (A. Finley) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.50 334.82 Td (/s/DIANE L. NEAL) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 233.00 334.82 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.00 334.82 Td (Director) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.00 334.82 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.20 334.82 Td (February 20, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.05 319.82 Td (Diane L.Neal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 84.25 304.82 Td (/s/) Tj ET Q q 0 0 0 rg BT 96.11 304.82 Td (THOMAS M. NEALON) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 233.00 304.82 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.00 304.82 Td (Director) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.00 304.82 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.20 304.82 Td (February 20, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 101.25 289.82 Td (Thomas M. Nealon) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.70 274.82 Td (/s/JAMES E. SKINNER) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 233.00 274.82 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.00 274.82 Td (Director) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.00 274.82 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.20 274.82 Td (February 20, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 105.40 259.82 Td (James E. Skinner) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 94.40 244.82 Td (/s/GAIL) Tj ET Q q 0 0 0 rg BT 130.04 244.82 Td ( B. ) Tj ET Q q 0 0 0 rg BT 143.94 244.82 Td (TIFFORD) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 233.00 244.82 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.00 244.82 Td (Director) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.00 244.82 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.20 244.82 Td (February 20, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.20 229.82 Td (Gail B. ) Tj ET Q q 0 0 0 rg BT 141.50 229.82 Td (T) Tj ET Q q 0 0 0 rg BT 147.34 229.82 Td (if) Tj ET Q q 0 0 0 rg BT 153.18 229.82 Td (ford) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.30 214.82 Td (/s/JAMES M. ZIMMERMAN) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 233.00 214.82 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.00 214.82 Td (Director) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.00 214.82 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.20 214.82 Td (February 20, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 94.85 199.82 Td (James M. Zimmerman) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 185 0 obj <>] /Rotate 0 /Contents 186 0 R>> endobj 186 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (89) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 273.35 742.25 Td (SCHEDULE II) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 208.35 730.25 Td (FOSSIL) Tj ET Q q 0 0 0 rg BT 243.37 730.25 Td ( GROUP) Tj ET Q q 0 0 0 rg BT 281.06 730.25 Td (,INC. ) Tj ET Q q 0 0 0 rg BT 308.84 730.25 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 199.05 718.25 Td (V) Tj ET Q q 0 0 0 rg BT 204.98 718.25 Td (ALUA) Tj ET Q q 0 0 0 rg BT 232.58 718.25 Td (TIONS ) Tj ET Q q 0 0 0 rg BT 265.65 718.25 Td (AND QUALIFYING ) Tj ET Q q 0 0 0 rg BT 356.76 718.25 Td (ACCOUNTS) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 236.15 706.25 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 263.27 706.25 Td (Y) Tj ET Q q 0 0 0 rg BT 269.39 706.25 Td (ears ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 289.66 706.25 Td (2016) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 309.66 706.25 Td (, ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 314.66 706.25 Td (2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 334.66 706.25 Td ( and ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 355.78 706.25 Td (2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 375.78 706.25 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 275.55 694.25 Td (\(in thousands\)) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 632.75 170.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 220.50 632.75 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 274.50 632.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 278.50 632.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 334.50 632.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 632.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 632.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.50 632.75 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.50 632.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 451.50 632.75 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 602.75 170.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 220.50 602.75 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 274.50 602.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 278.50 602.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 334.50 602.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 602.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 602.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.50 602.75 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.50 602.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 451.50 602.75 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 572.75 170.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 220.50 572.75 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 274.50 572.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 278.50 572.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 334.50 572.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 572.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 572.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.50 572.75 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.50 572.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 451.50 572.75 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 542.75 170.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 220.50 542.75 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 274.50 542.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 278.50 542.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 334.50 542.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 542.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 542.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.50 542.75 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.50 542.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 451.50 542.75 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 512.75 170.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 220.50 512.75 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 274.50 512.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 278.50 512.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 334.50 512.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 512.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 512.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.50 512.75 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.50 512.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 451.50 512.75 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 482.75 170.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 220.50 482.75 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 274.50 482.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 278.50 482.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 334.50 482.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 482.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 482.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.50 482.75 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.50 482.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 451.50 482.75 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 452.75 170.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 220.50 452.75 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 274.50 452.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 278.50 452.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 334.50 452.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 452.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 452.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.50 452.75 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.50 452.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 451.50 452.75 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 422.75 170.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 220.50 422.75 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 274.50 422.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 278.50 422.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 334.50 422.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 422.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 422.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.50 422.75 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.50 422.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 451.50 422.75 59.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 278.5 661.75 m 334.5 661.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.5 661.75 m 338.5 661.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 661.75 m 394.5 661.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 661.75 m 447.5 661.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 220.5 632.75 m 274.5 632.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 278.5 632.75 m 334.5 632.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 661.75 m 394.5 661.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 632.75 m 394.5 632.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 632.75 m 447.5 632.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 632.75 m 510.5 632.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 319.30 665.98 Td (Additions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 403.35 665.98 Td (Deductions) Tj ET Q BT /F2 8.00 Tf ET 0 0 0 RG /GS0 gs 0.76 w 0 i [] 0 d 1 J 1 j 3 M 53 635.730078125 m 99.22265625 635.730078125 l s q 0 0 0 rg BT 53.00 636.98 Td (Classification) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 229.10 652.98 Td (Balance at) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 225.30 644.98 Td (Beginning of) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 235.65 636.98 Td (Period) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 291.10 652.98 Td (Charged) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 283.95 644.98 Td (\(Cr) Tj ET Q q 0 0 0 rg BT 295.80 644.98 Td (edited\) to) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 286.85 636.98 Td (Operations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 346.75 652.98 Td (Charged to) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 355.85 644.98 Td (Other) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 350.20 636.98 Td (Accounts) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 411.15 652.98 Td (Actual) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 404.00 644.98 Td (Returns or) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 406.35 636.98 Td (W) Tj ET Q q 0 0 0 rg BT 414.21 636.98 Td (riteoffs) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 462.60 644.98 Td (Balance at) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 456.70 636.98 Td (End of Period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 622.42 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 79.20 622.42 Td (Y) Tj ET Q q 0 0 0 rg BT 85.74 622.42 Td (ear 2016:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.00 622.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.00 622.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.00 622.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.00 622.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 607.42 Td (Account receivable allowances:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.00 607.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.00 607.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.00 607.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.00 607.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 592.42 Td (Sales returns) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 223.00 592.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.15 592.42 Td (68,735) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.00 592.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.15 592.42 Td (122,018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.00 592.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.65 592.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.00 592.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.10 592.42 Td (123,852) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.00 592.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.15 592.42 Td (66,901) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 577.42 Td (Bad debts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 223.00 577.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.15 577.42 Td (15,823) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.00 577.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.15 577.42 Td (4,520) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.00 577.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.65 577.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.00 577.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.15 577.42 Td (7,538) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.00 577.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.15 577.42 Td (12,805) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 562.42 Td (Deferred tax asset valuation allowance) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 223.00 562.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.15 562.42 Td (10,857) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.00 562.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.15 562.42 Td (8,793) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.00 562.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.65 562.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.00 562.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.65 562.42 Td (235) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.00 562.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.15 562.42 Td (19,415) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 547.42 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 79.20 547.42 Td (Y) Tj ET Q q 0 0 0 rg BT 85.74 547.42 Td (ear 2017:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.00 547.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.00 547.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.00 547.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.00 547.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 532.42 Td (Account receivable allowances:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.00 532.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.00 532.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.00 532.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.00 532.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 517.42 Td (Sales returns) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 223.00 517.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.15 517.42 Td (66,901) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.00 517.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.15 517.42 Td (148,814) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.00 517.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.65 517.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.00 517.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.10 517.42 Td (140,515) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.00 517.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.15 517.42 Td (75,200) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 502.42 Td (Bad debts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 223.00 502.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.15 502.42 Td (12,805) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.00 502.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.15 502.42 Td (7,140) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.00 502.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.65 502.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.00 502.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.15 502.42 Td (7,017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.00 502.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.15 502.42 Td (12,928) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 487.42 Td (Deferred tax asset valuation allowance) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 223.00 487.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.15 487.42 Td (19,415) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.00 487.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.15 487.42 Td (59,676) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.00 487.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.65 487.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.00 487.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.65 487.42 Td (777) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.00 487.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.15 487.42 Td (78,314) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 472.42 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 79.02 472.42 Td (Y) Tj ET Q q 0 0 0 rg BT 85.24 472.42 Td (ear 2018:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.00 472.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.00 472.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.00 472.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.00 472.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 457.42 Td (Account receivable allowances:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.00 457.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.00 457.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.00 457.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.00 457.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 442.42 Td (Sales returns) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 223.00 442.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.15 442.42 Td (75,200) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.00 442.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.15 442.42 Td (108,485) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.00 442.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.65 442.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.00 442.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.10 442.42 Td (1) Tj ET Q q 0 0 0 rg BT 416.10 442.42 Td (16,553) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.00 442.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.15 442.42 Td (67,132) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 427.42 Td (Bad debts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 223.00 427.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.15 427.42 Td (12,928) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.00 427.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.15 427.42 Td (8,921) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.00 427.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.65 427.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.00 427.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.15 427.42 Td (7,848) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.00 427.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.15 427.42 Td (14,001) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 412.42 Td (Markdowns) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 223.00 412.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 260.65 412.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.00 412.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.15 412.42 Td (37,904) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.00 412.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.15 412.42 Td (28,416) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.00 412.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.15 412.42 Td (47,301) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.00 412.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.15 412.42 Td (19,019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 397.42 Td (Deferred tax asset valuation allowance) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 223.00 397.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.15 397.42 Td (78,314) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.00 397.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.15 397.42 Td (13,102) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.00 397.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.15 397.42 Td (4,402) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.00 397.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.65 397.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.00 397.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.15 397.42 Td (95,818) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 187 0 obj <>] /Rotate 0 /Contents 188 0 R>> endobj 188 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (90) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 267.30 742.25 Td (EXHIBIT) Tj ET Q q 0 0 0 rg BT 309.91 742.25 Td ( INDEX) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 701.75 51.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 101.50 701.75 30.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 131.50 701.75 420.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 641.75 51.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 101.50 641.75 30.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 131.50 641.75 420.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 591.75 51.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 101.50 591.75 30.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 131.50 591.75 420.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 541.75 51.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 101.50 541.75 30.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 131.50 541.75 420.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 481.75 51.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 101.50 481.75 30.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 131.50 481.75 420.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 411.75 51.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 101.50 411.75 30.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 131.50 411.75 420.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 351.75 51.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 101.50 351.75 30.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 131.50 351.75 420.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 281.75 51.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 101.50 281.75 30.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 131.50 281.75 420.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 211.75 51.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 101.50 211.75 30.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 131.50 211.75 420.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 91.75 51.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 101.50 91.75 30.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 131.50 91.75 420.00 -25.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 701.75 m 101.5 701.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 131.5 701.75 m 551.5 701.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 62.80 713.98 Td (Exhibit) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 61.35 705.98 Td (Number) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 321.20 705.98 Td (Description) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.15 692.32 Td (3.1) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 690.9833984375 m 520.279296875 690.9833984375 l s q 0 0 1 rg BT 134.00 692.32 Td (Third ) Tj ET Q q 0 0 1 rg BT 158.17 692.32 Td (Amended and Restated Certificate of Incorporation of Fossil Group,Inc. \(incorporated by ) Tj ET Q BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 680.9833984375 m 515.4501953125 680.9833984375 l s q 0 0 1 rg BT 134.00 682.32 Td (reference to Exhibit3.1 to the Company's Current Report on Form8-K filed on May25, 2010\).) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.15 667.32 Td (3.2) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 665.9833984375 m 508.970703125 665.9833984375 l s q 0 0 1 rg BT 134.00 667.32 Td (Certificate of ) Tj ET Q q 0 0 1 rg BT 188.98 667.32 Td (Amendment of the ) Tj ET Q q 0 0 1 rg BT 266.28 667.32 Td (Third ) Tj ET Q q 0 0 1 rg BT 290.44 667.32 Td (Amended and Restated Certificate of Incorporation of ) Tj ET Q BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 655.9833984375 m 535.9970703125 655.9833984375 l s q 0 0 1 rg BT 134.00 657.32 Td (Fossil,Inc. \(incorporated by reference to Exhibit3.1 to the Company's Current Report on Form8-K ) Tj ET Q BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 645.9833984375 m 228.9853515625 645.9833984375 l s q 0 0 1 rg BT 134.00 647.32 Td (filed on May28, 2013\).) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.15 632.32 Td (3.3) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 630.9833984375 m 545.2939453125 630.9833984375 l s q 0 0 1 rg BT 134.00 632.32 Td (Fifth ) Tj ET Q q 0 0 1 rg BT 155.40 632.32 Td (Amended and Restated Bylaws of Fossil Group,Inc. \(incorporated by reference to Exhibit3.1 of ) Tj ET Q BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 620.9833984375 m 405.494140625 620.9833984375 l s q 0 0 1 rg BT 134.00 622.32 Td (the Company's Current Report on Form8-K filed on ) Tj ET Q q 0 0 1 rg BT 346.06 622.32 Td (April3, 2017\).) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.15 607.32 Td (10.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 607.32 Td (\(2\)) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 605.9833984375 m 522.798828125 605.9833984375 l s q 0 0 1 rg BT 134.00 607.32 Td (Fossil Group,Inc. Savings and Retirement Plan \(incorporated by reference to Exhibit 10.1 to the ) Tj ET Q BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 595.9833984375 m 399.6591796875 595.9833984375 l s q 0 0 1 rg BT 134.00 597.32 Td (Company's ) Tj ET Q q 0 0 1 rg BT 180.53 597.32 Td (Annual Report on Form 10-K filed on March 2, 2018\).) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.15 582.32 Td (10.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 582.32 Td (\(2\)) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 580.9833984375 m 534.859375 580.9833984375 l s q 0 0 1 rg BT 134.00 582.32 Td (Fossil Group,Inc. 2008 Long-T) Tj ET Q q 0 0 1 rg BT 261.07 582.32 Td (erm Incentive Plan \(incorporated by reference to Exhibit10.1 to the ) Tj ET Q BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 570.9833984375 m 393.55078125 570.9833984375 l s q 0 0 1 rg BT 134.00 572.32 Td (Company's Current Report on Form8-K filed on May23, 2008\).) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.15 557.32 Td (10.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 557.32 Td (\(2\)) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 555.9833984375 m 550.1474609375 555.9833984375 l s q 0 0 1 rg BT 134.00 557.32 Td (Amendment Number One to the 2008 Long-T) Tj ET Q q 0 0 1 rg BT 317.71 557.32 Td (erm Incentive Plan of Fossil Group,Inc. \(incorporated by ) Tj ET Q BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 545.9833984375 m 546.55859375 545.9833984375 l s q 0 0 1 rg BT 134.00 547.32 Td (reference to Exhibit10.23 to the Company's ) Tj ET Q q 0 0 1 rg BT 312.43 547.32 Td (Annual Report on Form10-K filed on February29, 2012\).) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.15 532.32 Td (10.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 532.32 Td (\(2\)) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 530.9833984375 m 538.4384765625 530.9833984375 l s q 0 0 1 rg BT 134.00 532.32 Td (Amendment Number ) Tj ET Q q 0 0 1 rg BT 221.02 532.32 Td (T) Tj ET Q q 0 0 1 rg BT 226.43 532.32 Td (wo to the 2008 Long-T) Tj ET Q q 0 0 1 rg BT 318.50 532.32 Td (erm Incentive Plan of Fossil Group,Inc. \(incorporated ) Tj ET Q BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 520.9833984375 m 533.228515625 520.9833984375 l s q 0 0 1 rg BT 134.00 522.32 Td (by reference to Exhibit10.24 to the Company's ) Tj ET Q q 0 0 1 rg BT 324.93 522.32 Td (Annual Report on Form10-K filed on February29, ) Tj ET Q BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 510.9833984375 m 159.830078125 510.9833984375 l s q 0 0 1 rg BT 134.00 512.32 Td (2012\).) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.15 497.32 Td (10.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 497.32 Td (\(2\)) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 495.9833984375 m 545.7919921875 495.9833984375 l s q 0 0 1 rg BT 134.00 497.32 Td (Amendment Number ) Tj ET Q q 0 0 1 rg BT 221.02 497.32 Td (Three to the Fossil Group, Inc. 2008 Long-T) Tj ET Q q 0 0 1 rg BT 398.90 497.32 Td (erm Incentive Plan \(incorporated by ) Tj ET Q BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 485.9833984375 m 529.1953125 485.9833984375 l s q 0 0 1 rg BT 134.00 487.32 Td (reference to Exhibit 10.1 to the Company) Tj ET Q q 0 0 1 rg BT 302.56 487.32 Td (s Quarterly Report on Form 10-Q filed on May 7, 2015\).) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.15 472.32 Td (10.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 472.32 Td (\(2\)) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 470.9833984375 m 503.1845703125 470.9833984375 l s q 0 0 1 rg BT 134.00 472.32 Td (Third ) Tj ET Q q 0 0 1 rg BT 158.17 472.32 Td (Amended and Restated Fossil Group,Inc. and ) Tj ET Q q 0 0 1 rg BT 344.52 472.32 Td (Af) Tj ET Q q 0 0 1 rg BT 354.89 472.32 Td (filiates Deferred Compensation Plan ) Tj ET Q BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 460.9833984375 m 527.65234375 460.9833984375 l s q 0 0 1 rg BT 134.00 462.32 Td (\(incorporated by reference to Exhibit10.1 to the Company's Current Report on Form8-K filed on ) Tj ET Q BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 450.9833984375 m 218.4140625 450.9833984375 l s q 0 0 1 rg BT 134.00 452.32 Td (December21, 2010\).) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.15 437.32 Td (10.7) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 435.9833984375 m 544.205078125 435.9833984375 l s q 0 0 1 rg BT 134.00 437.32 Td (Master License ) Tj ET Q q 0 0 1 rg BT 197.31 437.32 Td (Agreement dated as of ) Tj ET Q q 0 0 1 rg BT 289.50 437.32 Td (August30, 1994, by and between Fossil Group,Inc. and Fossil ) Tj ET Q BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 425.9833984375 m 543.775390625 425.9833984375 l s q 0 0 1 rg BT 134.00 427.32 Td (Partners,L.P) Tj ET Q q 0 0 1 rg BT 184.83 427.32 Td (. \(incorporated by reference to Exhibit10.6 to the Company's ) Tj ET Q q 0 0 1 rg BT 432.12 427.32 Td (Annual Report on Form10-) Tj ET Q BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 415.9833984375 m 241.1044921875 415.9833984375 l s q 0 0 1 rg BT 134.00 417.32 Td (K filed on March2, 201) Tj ET Q q 0 0 1 rg BT 230.27 417.32 Td (1\).) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.15 402.32 Td (10.8) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 400.9833984375 m 548.0673828125 400.9833984375 l s q 0 0 1 rg BT 134.00 402.32 Td (Agreement of Limited Partnership of Fossil Partners,L.P) Tj ET Q q 0 0 1 rg BT 362.02 402.32 Td (. \(incorporated by reference to Exhibit10.7 to ) Tj ET Q BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 390.9833984375 m 414.0048828125 390.9833984375 l s q 0 0 1 rg BT 134.00 392.32 Td (the Company's ) Tj ET Q q 0 0 1 rg BT 195.25 392.32 Td (Annual Report on Form10-K filed on March2, 201) Tj ET Q q 0 0 1 rg BT 403.17 392.32 Td (1\).) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.15 377.32 Td (10.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 377.32 Td (\(2\)) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 375.9833984375 m 519.5517578125 375.9833984375 l s q 0 0 1 rg BT 134.00 377.32 Td (Form of Stock ) Tj ET Q q 0 0 1 rg BT 193.73 377.32 Td (Appreciation Rights ) Tj ET Q q 0 0 1 rg BT 276.50 377.32 Td (A) Tj ET Q q 0 0 1 rg BT 282.80 377.32 Td (ward \(2012\) under the Fossil Group,Inc. 2008 Long-T) Tj ET Q q 0 0 1 rg BT 501.50 377.32 Td (erm ) Tj ET Q BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 365.9833984375 m 544.5859375 365.9833984375 l s q 0 0 1 rg BT 134.00 367.32 Td (Incentive Plan \(incorporated by reference to Exhibit10.3 to the Company's Current Report on Form8-) Tj ET Q BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 355.9833984375 m 246.4755859375 355.9833984375 l s q 0 0 1 rg BT 134.00 357.32 Td (K filed on March14, 2012\).) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.15 342.32 Td (10.10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 342.32 Td (\(2\)) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 340.9833984375 m 534.5419921875 340.9833984375 l s q 0 0 1 rg BT 134.00 342.32 Td (Amendment to the Stock ) Tj ET Q q 0 0 1 rg BT 235.66 342.32 Td (Appreciation Rights ) Tj ET Q q 0 0 1 rg BT 318.42 342.32 Td (A) Tj ET Q q 0 0 1 rg BT 324.73 342.32 Td (ward Under the Fossil Group, Inc. 2008 Long-T) Tj ET Q q 0 0 1 rg BT 516.50 342.32 Td (erm ) Tj ET Q BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 330.9833984375 m 544.0244140625 330.9833984375 l s q 0 0 1 rg BT 134.00 332.32 Td (Incentive Plan \(incorporated by reference to Exhibit 10.2 to the Company's Quarterly Report on Form ) Tj ET Q BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 320.9833984375 m 261.67578125 320.9833984375 l s q 0 0 1 rg BT 134.00 322.32 Td (10-Q filed on ) Tj ET Q q 0 0 1 rg BT 189.83 322.32 Td (August 1) Tj ET Q q 0 0 1 rg BT 225.85 322.32 Td (1, 2016\).) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.15 307.32 Td (10.1) Tj ET Q q 0 0 0 rg BT 92.65 307.32 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 307.32 Td (\(2\)) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 305.9833984375 m 498.1455078125 305.9833984375 l s q 0 0 1 rg BT 134.00 307.32 Td (Restricted Stock Unit ) Tj ET Q q 0 0 1 rg BT 222.05 307.32 Td (A) Tj ET Q q 0 0 1 rg BT 228.35 307.32 Td (ward Under the Fossil Group, Inc. 2016 Long-T) Tj ET Q q 0 0 1 rg BT 420.12 307.32 Td (erm Incentive Plan ) Tj ET Q BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 295.9833984375 m 540.4208984375 295.9833984375 l s q 0 0 1 rg BT 134.00 297.32 Td (\(incorporated by reference to Exhibit 10.4 to the Company's Quarterly Report on Form 10-Q filed on ) Tj ET Q BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 285.9833984375 m 205.8505859375 285.9833984375 l s q 0 0 1 rg BT 134.00 287.32 Td (August 1) Tj ET Q q 0 0 1 rg BT 170.02 287.32 Td (1, 2016\).) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.15 272.32 Td (10.12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 272.32 Td (\(2\)) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 270.9833984375 m 517.59375 270.9833984375 l s q 0 0 1 rg BT 134.00 272.32 Td (Stock ) Tj ET Q q 0 0 1 rg BT 158.73 272.32 Td (Appreciation Rights ) Tj ET Q q 0 0 1 rg BT 241.50 272.32 Td (A) Tj ET Q q 0 0 1 rg BT 247.80 272.32 Td (ward Under the Fossil Group, Inc. 2016 Long-T) Tj ET Q q 0 0 1 rg BT 439.57 272.32 Td (erm Incentive Plan ) Tj ET Q BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 260.9833984375 m 540.4208984375 260.9833984375 l s q 0 0 1 rg BT 134.00 262.32 Td (\(incorporated by reference to Exhibit 10.5 to the Company's Quarterly Report on Form 10-Q filed on ) Tj ET Q BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 250.9833984375 m 205.8505859375 250.9833984375 l s q 0 0 1 rg BT 134.00 252.32 Td (August 1) Tj ET Q q 0 0 1 rg BT 170.02 252.32 Td (1, 2016\).) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.15 237.32 Td (10.13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 237.32 Td (\(2\)) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 235.9833984375 m 512.3056640625 235.9833984375 l s q 0 0 1 rg BT 134.00 237.32 Td (Restricted Stock Unit ) Tj ET Q q 0 0 1 rg BT 222.05 237.32 Td (A) Tj ET Q q 0 0 1 rg BT 228.35 237.32 Td (ward Under the Fossil Group, Inc. 2016 Long-T) Tj ET Q q 0 0 1 rg BT 420.12 237.32 Td (erm Incentive Plan for ) Tj ET Q BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 225.9833984375 m 542.6181640625 225.9833984375 l s q 0 0 1 rg BT 134.00 227.32 Td (Performance Grants \(incorporated by reference to Exhibit 10.6 to the Company's Quarterly Report on ) Tj ET Q BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 215.9833984375 m 285.845703125 215.9833984375 l s q 0 0 1 rg BT 134.00 217.32 Td (Form 10-Q filed on ) Tj ET Q q 0 0 1 rg BT 214.00 217.32 Td (August 1) Tj ET Q q 0 0 1 rg BT 250.02 217.32 Td (1, 2016\).) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.15 202.32 Td (10.14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 202.32 Td (\(2\)) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 200.9833984375 m 544.2783203125 200.9833984375 l s q 0 0 1 rg BT 134.00 202.32 Td (Form of Executive Severance ) Tj ET Q q 0 0 1 rg BT 254.51 202.32 Td (Agreement \(incorporated by reference to Exhibit 10.1 to the Company's ) Tj ET Q BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 190.9833984375 m 354.2392578125 190.9833984375 l s q 0 0 1 rg BT 134.00 192.32 Td (Current Report on Form 8-K filed on January 8, 2016\).) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.15 177.32 Td (10.15) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 175.9833984375 m 535.3134765625 175.9833984375 l s q 0 0 1 rg BT 134.00 177.32 Td (Second ) Tj ET Q q 0 0 1 rg BT 165.39 177.32 Td (Amended & Restated Credit ) Tj ET Q q 0 0 1 rg BT 280.92 177.32 Td (Agreement, dated as of January 29, 2018, by and among Fossil ) Tj ET Q BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 165.9833984375 m 536.6953125 165.9833984375 l s q 0 0 1 rg BT 134.00 167.32 Td (Group, Inc., Fossil Group Europe GMBH, certain of the Company) Tj ET Q q 0 0 1 rg BT 402.57 167.32 Td (s foreign subsidiaries and certain ) Tj ET Q BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 155.9833984375 m 540.796875 155.9833984375 l s q 0 0 1 rg BT 134.00 157.32 Td (lenders party thereto, ) Tj ET Q q 0 0 1 rg BT 221.01 157.32 Td (W) Tj ET Q q 0 0 1 rg BT 229.64 157.32 Td (ells Far) Tj ET Q q 0 0 1 rg BT 259.18 157.32 Td (go Bank, National ) Tj ET Q q 0 0 1 rg BT 334.17 157.32 Td (Association, as administrative agent and an issuing ) Tj ET Q BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 145.9833984375 m 538.912109375 145.9833984375 l s q 0 0 1 rg BT 134.00 147.32 Td (lender) Tj ET Q q 0 0 1 rg BT 158.58 147.32 Td (, Bank of ) Tj ET Q q 0 0 1 rg BT 197.47 147.32 Td (America, N.A. and JPMor) Tj ET Q q 0 0 1 rg BT 302.27 147.32 Td (gan Chase Bank, N.A., as syndication agents, HSBC Bank ) Tj ET Q BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 135.9833984375 m 545.0009765625 135.9833984375 l s q 0 0 1 rg BT 134.00 137.32 Td (USA, National ) Tj ET Q q 0 0 1 rg BT 195.39 137.32 Td (Association, Compass Bank and Fifth ) Tj ET Q q 0 0 1 rg BT 349.09 137.32 Td (Third Bank, as documentation agents, and ) Tj ET Q q 0 0 1 rg BT 519.98 137.32 Td (W) Tj ET Q q 0 0 1 rg BT 528.61 137.32 Td (ells ) Tj ET Q BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 125.9833984375 m 526.6123046875 125.9833984375 l s q 0 0 1 rg BT 134.00 127.32 Td (Far) Tj ET Q q 0 0 1 rg BT 147.15 127.32 Td (go Securities, LLC, Merrill L) Tj ET Q q 0 0 1 rg BT 264.35 127.32 Td (ynch, Pierce, Fenner & Smith Incorporated and JPMor) Tj ET Q q 0 0 1 rg BT 482.74 127.32 Td (gan Chase ) Tj ET Q BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 115.9833984375 m 546.3779296875 115.9833984375 l s q 0 0 1 rg BT 134.00 117.32 Td (Bank, N.A., as joint lead arrangers and joint bookrunners \(incorporated by reference to Exhibit 10.1 to ) Tj ET Q BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 105.9833984375 m 344.2490234375 105.9833984375 l s q 0 0 1 rg BT 134.00 107.32 Td (the Company) Tj ET Q q 0 0 1 rg BT 190.38 107.32 Td (s Form 8-K filed on January 30, 2018\)) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 344.25 107.32 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.15 82.32 Td (10.16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 82.32 Td (\(2\)) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 80.9833984375 m 514.4638671875 80.9833984375 l s q 0 0 1 rg BT 134.00 82.32 Td (Fossil Group, Inc. 2015 Cash Incentive Plan \(incorporated by reference to Exhibit10.26 to the ) Tj ET Q BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 70.9833984375 m 399.6591796875 70.9833984375 l s q 0 0 1 rg BT 134.00 72.32 Td (Company's ) Tj ET Q q 0 0 1 rg BT 180.53 72.32 Td (Annual Report on Form10-K filed on March1, 2017\).) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 189 0 obj <>] /Rotate 0 /Contents 190 0 R>> endobj 190 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (91) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 726.5 m 101.5 726.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 131.5 726.5 m 551.5 726.5 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 62.80 738.73 Td (Exhibit) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 61.35 730.73 Td (Number) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 321.20 730.73 Td (Description) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 701.50 51.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 101.50 701.50 30.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 131.50 701.50 420.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 641.50 51.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 101.50 641.50 30.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 131.50 641.50 420.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 601.50 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 101.50 601.50 30.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 131.50 601.50 420.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 571.50 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 101.50 571.50 30.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 131.50 571.50 420.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 531.50 51.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 101.50 531.50 30.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 131.50 531.50 420.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 491.50 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 101.50 491.50 30.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 131.50 491.50 420.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 461.50 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 101.50 461.50 30.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 131.50 461.50 420.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 431.50 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 101.50 431.50 30.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 131.50 431.50 420.00 -15.00 re f /GS0 gs BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.15 717.07 Td (10.17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 717.07 Td (\(2\)) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 715.7333984375 m 539.859375 715.7333984375 l s q 0 0 1 rg BT 134.00 717.07 Td (Fossil Group, Inc. 2016 Long-T) Tj ET Q q 0 0 1 rg BT 261.07 717.07 Td (erm Incentive Plan \(incorporated by reference to Exhibit10.27 to the ) Tj ET Q BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 705.7333984375 m 399.6591796875 705.7333984375 l s q 0 0 1 rg BT 134.00 707.07 Td (Company's ) Tj ET Q q 0 0 1 rg BT 180.53 707.07 Td (Annual Report on Form10-K filed on March1, 2017\).) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.15 692.07 Td (10.18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 692.07 Td (\(2\)) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 690.7333984375 m 494.9130859375 690.7333984375 l s q 0 0 1 rg BT 134.00 692.07 Td (Restricted Stock Unit ) Tj ET Q q 0 0 1 rg BT 222.05 692.07 Td (A) Tj ET Q q 0 0 1 rg BT 228.35 692.07 Td (ward under the Fossil Group, Inc. 2016 Long ) Tj ET Q q 0 0 1 rg BT 411.48 692.07 Td (T) Tj ET Q q 0 0 1 rg BT 416.89 692.07 Td (erm Incentive Plan ) Tj ET Q BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 680.7333984375 m 527.9208984375 680.7333984375 l s q 0 0 1 rg BT 134.00 682.07 Td (\(incorporated by reference to Exhibit 10.1 to the Company's Quarterly Report on Form 10-Q filed ) Tj ET Q BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 670.7333984375 m 214.537109375 670.7333984375 l s q 0 0 1 rg BT 134.00 672.07 Td (November 9, 2017\).) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.15 657.07 Td (10.19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 657.07 Td (\(2\)) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 654.8333984375 m 544.859375 654.8333984375 l s q 0 0 1 rg BT 134.00 656.17 Td (First ) Tj ET Q q 0 0 1 rg BT 154.29 656.17 Td (Amendment to the Fossil Group, Inc. 2016 Long-T) Tj ET Q q 0 0 1 rg BT 358.29 656.17 Td (erm Incentive Plan \(incorporated by reference ) Tj ET Q BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 644.8333984375 m 486.0458984375 644.8333984375 l s q 0 0 1 rg BT 134.00 646.17 Td (to Exhibit 10.1 to the Company's Quarterly Report on Form 10-Q filed ) Tj ET Q q 0 0 1 rg BT 418.82 646.17 Td (August 9, 2018\).) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.15 632.07 Td (10.20) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 632.07 Td (\(2\)) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 629.8333984375 m 506.421875 629.8333984375 l s q 0 0 1 rg BT 134.00 631.17 Td (W) Tj ET Q q 0 0 1 rg BT 142.64 631.17 Td (aiver of Portion of 2018 ) Tj ET Q q 0 0 1 rg BT 240.68 631.17 Td (Automatic Grant \(incorporated by reference to Exhibit 10.2 to the ) Tj ET Q BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 619.8333984375 m 398.8291015625 619.8333984375 l s q 0 0 1 rg BT 134.00 621.17 Td (Company's Quarterly Report on Form 10-Q filed ) Tj ET Q q 0 0 1 rg BT 331.61 621.17 Td (August 9, 2018\).) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.15 607.07 Td (21.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 607.07 Td (\(1\)) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 605.7333984375 m 268.4384765625 605.7333984375 l s q 0 0 1 rg BT 134.00 607.07 Td (Subsidiaries of Fossil Group, Inc.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.15 592.07 Td (23.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 592.07 Td (\(1\)) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 590.7333984375 m 375.904296875 590.7333984375 l s q 0 0 1 rg BT 134.00 592.07 Td (Consent of Independent Registered Public ) Tj ET Q q 0 0 1 rg BT 304.80 592.07 Td (Accounting Firm.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.15 577.07 Td (31.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 577.07 Td (\(1\)) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 575.7333984375 m 520.9384765625 575.7333984375 l s q 0 0 1 rg BT 134.00 577.07 Td (Certification of Chief Executive Of) Tj ET Q q 0 0 1 rg BT 275.44 577.07 Td (ficer Pursuant to Section302 of Sarbanes-Oxley ) Tj ET Q q 0 0 1 rg BT 470.67 577.07 Td (Act of 2002.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.15 562.07 Td (31.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 562.07 Td (\(1\)) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 560.7333984375 m 518.169921875 560.7333984375 l s q 0 0 1 rg BT 134.00 562.07 Td (Certification of Chief Financial Of) Tj ET Q q 0 0 1 rg BT 272.67 562.07 Td (ficer Pursuant to Section302 of Sarbanes-Oxley ) Tj ET Q q 0 0 1 rg BT 467.90 562.07 Td (Act of 2002.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.15 547.07 Td (32.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 547.07 Td (\(3\)) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 545.7333984375 m 523.189453125 545.7333984375 l s q 0 0 1 rg BT 134.00 547.07 Td (Certification of Chief Executive Of) Tj ET Q q 0 0 1 rg BT 275.44 547.07 Td (ficer Pursuant to Section18 U.S.C. Section1350, as ) Tj ET Q q 0 0 1 rg BT 486.25 547.07 Td (Adopted ) Tj ET Q BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 535.7333984375 m 373.404296875 535.7333984375 l s q 0 0 1 rg BT 134.00 537.07 Td (Pursuant to Section906 of the Sarbanes-Oxley ) Tj ET Q q 0 0 1 rg BT 323.14 537.07 Td (Act of 2002.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.15 522.07 Td (32.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 522.07 Td (\(3\)) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 520.7333984375 m 520.4208984375 520.7333984375 l s q 0 0 1 rg BT 134.00 522.07 Td (Certification of Chief Financial Of) Tj ET Q q 0 0 1 rg BT 272.67 522.07 Td (ficer Pursuant to Section18 U.S.C. Section1350, as ) Tj ET Q q 0 0 1 rg BT 483.48 522.07 Td (Adopted ) Tj ET Q BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 134 510.7333984375 m 373.404296875 510.7333984375 l s q 0 0 1 rg BT 134.00 512.07 Td (Pursuant to Section906 of the Sarbanes-Oxley ) Tj ET Q q 0 0 1 rg BT 323.14 512.07 Td (Act of 2002.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.35 497.07 Td (101.INS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 497.07 Td (\(1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 134.00 497.07 Td (XBRL) Tj ET Q q 0 0 0 rg BT 160.48 497.07 Td ( Instance Document.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.00 482.07 Td (101.SCH) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 482.07 Td (\(1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 134.00 482.07 Td (XBRL) Tj ET Q q 0 0 0 rg BT 160.48 482.07 Td ( ) Tj ET Q q 0 0 0 rg BT 162.71 482.07 Td (T) Tj ET Q q 0 0 0 rg BT 168.38 482.07 Td (axonomy Extension Schema Document.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.60 467.07 Td (101.DEF) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 467.07 Td (\(1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 134.00 467.07 Td (XBRL) Tj ET Q q 0 0 0 rg BT 160.48 467.07 Td ( ) Tj ET Q q 0 0 0 rg BT 162.71 467.07 Td (T) Tj ET Q q 0 0 0 rg BT 168.38 467.07 Td (axonomy Extension Definition Link Document.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.85 452.07 Td (101.CAL) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 452.07 Td (\(1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 134.00 452.07 Td (XBRL) Tj ET Q q 0 0 0 rg BT 160.48 452.07 Td ( ) Tj ET Q q 0 0 0 rg BT 162.71 452.07 Td (T) Tj ET Q q 0 0 0 rg BT 168.38 452.07 Td (axonomy Extension Calculation Linkbase Document.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.50 437.07 Td (101.LAB) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 437.07 Td (\(1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 134.00 437.07 Td (XBRL) Tj ET Q q 0 0 0 rg BT 160.48 437.07 Td ( ) Tj ET Q q 0 0 0 rg BT 162.71 437.07 Td (T) Tj ET Q q 0 0 0 rg BT 168.38 437.07 Td (axonomy Extension Label Linkbase Document.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 62.15 422.07 Td (101.PRE) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 422.07 Td (\(1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 134.00 422.07 Td (XBRL) Tj ET Q q 0 0 0 rg BT 160.30 422.07 Td ( ) Tj ET Q q 0 0 0 rg BT 162.62 422.07 Td (T) Tj ET Q q 0 0 0 rg BT 168.03 422.07 Td (axonomy Extension Presentation Linkbase Document.) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 407.40 Td (___________________________________________________________________________) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 386.40 Td (\(1\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 386.40 Td (Filed herewith.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 374.40 Td (\(2\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 374.40 Td (Management contract or compensatory plan or arrangement.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 362.40 Td (\(3\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 362.40 Td (Furnished herewith.) Tj ET Q endstream endobj 191 0 obj <> /View <>>>>> endobj 192 0 obj <> /View <>>>>> endobj 193 0 obj <> endobj 194 0 obj <> stream xy\E7~n{{w'd'52 HaGPPA!"" b-&h,+TLy?:uk?uΩoH""?W~.Xv3&rm 2\jMgwm'CڴzlycǏ\ rBjx\DsV@{twocmC{Iwl11z:1m!t-\q3D.:yz'Wɨp[_F=>E"ǢӦ/|K&_~=!wn-az3¦h$7,ؑ2Oo_eSFLlk}Fg[F>|;