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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jan. 31, 2022
Jan. 31, 2021
Current assets:    
Cash and cash equivalents $ 277,128 $ 223,811
Trade receivables, net 91,558 76,931
Inventories 160,283 152,580
Other current assets 16,974 23,479
Income taxes receivable 7,941 24,850
Total current assets 553,884 501,651
Property, plant and equipment, net 19,470 22,349
Operating lease right-of-use assets 68,599 76,070
Deferred and non-current income taxes 42,596 42,507
Other intangibles, net 13,507 17,081
Other non-current assets 63,104 59,599
Total assets 761,160 719,257
Current liabilities:    
Accounts payable 46,011 28,187
Accrued liabilities 48,522 51,124
Accrued payroll and benefits 25,117 18,047
Current operating lease liabilities 13,693 15,861
Income taxes payable 18,123 14,452
Total current liabilities 151,466 127,671
Loans payable to bank 21,230
Deferred and non-current income taxes payable 19,614 21,895
Non-current operating lease liabilities 62,730 68,412
Other non-current liabilities 50,264 50,115
Total liabilities 284,074 289,323
Commitments and contingencies (Note 12)
Redeemable noncontrolling interest 2,311 2,600
Equity:    
Preferred Stock, $0.01 par value, 5,000,000 shares authorized; no shares issued 0 0
Capital in excess of par value 222,615 214,043
Retained earnings 413,587 341,641
Accumulated other comprehensive income 85,295 92,540
Treasury Stock, 12,266,978 and 11,492,591 shares, respectively, at cost (249,040) (223,306)
Total Movado Group, Inc. shareholders' equity 472,808 425,264
Noncontrolling interest 1,967 2,070
Total equity 474,775 427,334
Total liabilities, redeemable noncontrolling interest and equity 761,160 719,257
Common Stock Class Undefined    
Equity:    
Common Stock 286 281
Class A Common Stock    
Equity:    
Common Stock $ 65 $ 65