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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jul. 31, 2022
Jan. 31, 2022
Jul. 31, 2021
Current assets:      
Cash and cash equivalents $ 203,109 $ 277,128 $ 199,721
Trade receivables, net 100,697 91,558 89,710
Inventories 215,038 160,283 183,289
Other current assets 21,588 16,974 23,144
Income taxes receivable 9,691 7,941 8,602
Total current assets 550,123 553,884 504,466
Property, plant and equipment, net 17,956 19,470 19,656
Operating lease right-of-use assets 76,818 68,599 71,253
Deferred and non-current income taxes 44,480 42,596 41,579
Other intangibles, net 10,946 13,507 15,550
Other non-current assets 65,813 63,104 58,394
Total assets 766,136 761,160 710,898
Current liabilities:      
Accounts payable 51,981 46,011 45,670
Accrued liabilities 58,475 48,522 50,329
Accrued payroll and benefits 11,383 25,117 13,864
Current operating lease liabilities 16,904 13,693 14,863
Income taxes payable 20,875 18,123 10,379
Total current liabilities 159,618 151,466 135,105
Deferred and non-current income taxes payable 15,788 19,614 20,185
Non-current operating lease liabilities 67,241 62,730 64,520
Other non-current liabilities 47,633 50,264 51,686
Total liabilities 290,280 284,074 271,496
Commitments and contingencies (Note 9)
Redeemable noncontrolling interest 2,305 2,311 2,443
Equity:      
Preferred Stock, $0.01 par value, 5,000,000 shares authorized; no shares issued 0 0 0
Capital in excess of par value 226,156 222,615 217,505
Retained earnings 440,306 413,587 361,162
Accumulated other comprehensive income 75,724 85,295 90,486
Treasury Stock, 12,881,965, 12,266,978 and 11,881,311 shares, respectively, at cost (271,702) (249,040) (234,935)
Total Movado Group, Inc. shareholders' equity 470,836 472,808 434,567
Noncontrolling interest 2,715 1,967 2,392
Total equity 473,551 474,775 436,959
Total liabilities, redeemable noncontrolling interest and equity 766,136 761,160 710,898
Common Stock Class Undefined      
Equity:      
Common Stock 287 286 284
Class A Common Stock      
Equity:      
Common Stock $ 65 $ 65 $ 65