Segment and Geographic Information (Tables)

3 Months Ended

Apr. 30, 2022

Operating Segment Data as of and for the Three Months Ended April 30, 2022 and 2021 (in thousands):


	Net Sales
	2022		2021
Watch and Accessory Brands:
Owned brands category	$	53,170	$	48,371
Licensed brands category		88,840		67,626
After-sales service and all other		1,358		282
Total Watch and Accessory Brands		143,368		116,279
Company Stores		20,056		18,519
Consolidated total	$	163,424	$	134,798


	Operating Income (3)
	2022		2021
Watch and Accessory Brands	$	21,547	$	8,785
Company Stores		3,747		4,471
Consolidated total	$	25,294	$	13,256


	Total Assets
	April 30, 2022		January 31, 2022		April 30, 2021
Watch and Accessory Brands	$	670,531	$	701,986	$	636,755
Company Stores		69,453		59,174		57,951
Consolidated total	$	739,984	$	761,160	$	694,706

Geographic Segment Data

Geographic Location Data as of and for the Three Months Ended April 30, 2022 and 2021 (in thousands):


	Net Sales				Operating Income (3)
	2022		2021		2022		2021
United States (1)	$	70,223	$	65,893	$	548	$	759
International (2)		93,201		68,905		24,746		12,497
Consolidated total	$	163,424	$	134,798	$	25,294	$	13,256

United States and International net sales are net of intercompany sales of $96.2 million and $69.7 million for the three months ended April 30, 2022 and 2021, respectively.

(1)

The United States operating income included $13.5 million and $8.9 million of unallocated corporate expenses for the three months ended April 30, 2022 and 2021, respectively.

(2)

The International operating income included $19.1 million and $13.9 million of certain intercompany profits related to the Company’s supply chain operations for the three months ended April 30, 2022 and 2021, respectively.

(3)

For both the three months ended April 30, 2022 and 2021, in the United States locations of the Watch and Accessory Brands segment, operating income included a charge of $0.1 million of expenses related to the amortization of intangible assets and deferred compensation associated with the MVMT brand. In addition, in the International locations of the Watch and Accessory Brands segment for both the three months ended April 30, 2022 and 2021, operating income included a charge of $0.7 million of expenses related to the amortization of acquired intangible assets as a result of the Company’s acquisition of the Olivia Burton brand.


	Total Assets
	April 30, 2022		January 31, 2022		April 30, 2021
United States	$	314,738	$	352,806	$	345,094
International		425,246		408,354		349,612
Consolidated total	$	739,984	$	761,160	$	694,706


	Property, Plant and Equipment, Net
	April 30, 2022		January 31, 2022		April 30, 2021
United States	$	12,876	$	13,246	$	13,778
International		5,558		6,224		6,821
Consolidated total	$	18,434	$	19,470	$	20,599